
Trump Ejects National Security Adviser Mike Waltz
P.M. Edition for May 1. Secretary of State Marco Rubio will fill the role on an interim basis. President Trump announced that he will nominate Waltz—the first top official to lose his job in Trump’s second term—as U.S. ambassador to the United Nations. White House reporter Meridith McGraw discusses the significance of the staffing shuffle. And aviation reporter Andrew Tangel has the details on Trump’s decision to commission an interim presidential plane by year’s end, frustrated with Boeing’s delay to deliver a new Air Force One. Plus, a U.S. federal judge deems the president’s use of the Alien Enemies Act to allow deportations unlawful. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Inks Long-Awaited Minerals Deal With Ukraine
A.M. Edition for May 1. After months of negotiations, several false starts, and a testy White House meeting, the U.S. reaches a deal with Ukraine to give Washington access to the country’s mineral wealth. Jane Lytvynenko has the details from Kyiv. Plus, a Journal report reveals Tesla’s board began searching for Elon Musk’s successor about a month ago. And markets reporter Chelsey Dulaney explains how the rush to get goods to the U.S. ahead of President Trump’s tariffs is distorting global trade and economic data. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Economy Shrank as Trade Turmoil Began to Hit
P.M. Edition for April 30. New data out today showed that the U.S. gross domestic product fell in its steepest decline since 2022. We hear from WSJ economics correspondent Harriet Torry about what this data, along with other metrics out today, say about the overall health of the economy. Plus, a growing number of companies are yanking their profit guidance for the coming quarter amid economic uncertainty. WSJ reporter Chip Cutter joins to discuss what this means for these companies and their investors. And a federal judge orders the release of a Columbia University student who was detained by the Trump administration. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chinese Manufacturing Tumbles as Tariffs Bite
A.M. Edition for April 30. Chinese export orders and factory activity plummet as trade war damage begins to pile up. Plus, President Trump talks up his tariffs, even as voters’ economic concerns mount. WSJ White House reporter Alex Leary looks back on the president’s first 100 days in office. And Starbucks turns to tech to tackle unpopular in-store wait times. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Retail Giants Have Kept Prices Low. But How Long Can It Last?
P.M. Edition for April 29. In the face of rising tariffs, the country’s biggest retailers are trying everything to keep prices low. But WSJ reporter Shane Shifflett says they warn that higher prices may be difficult to avoid and that certain products could become scarce. And Amazon plays down a report that it was considering displaying the impact of tariffs during its online checkout process after President Trump called the company’s founder Jeff Bezos. Plus, BP once aimed to lead the shift to renewables. Energy reporter Matthew Dalton says it’s now doubling down on fossil fuel production in the U.S. Pierre Bienaimé hosts.Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Earnings: Defense Contractors Thrive in Uncertain World
Bonus Episode for April 29. Every U.S. manufacturer faces increased costs because of import tariffs and other countries’ countermeasures, but those making weapons have reason to be both worried and hopeful. WSJ Investing columnist Spencer Jakab discusses with WSJ reporter Sharon Terlep what Northrop Grumman, RTX, General Dynamics, Boeing and other defense companies have reported for their first quarter earnings and what that means for the sector and the broader U.S. economy. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Comeback Kid: Mark Carney Wins Canada Election
A.M. Edition for April 29. Former central bank governor Mark Carney leads his Liberal Party to a fourth term in office following a remarkable political turnaround. In a victory speech, Carney said Canadians were over the betrayal of Donald Trump’s tariffs, but that he was ready to negotiate with the president on new trade and security pacts. Plus, WSJ’s Stephen Wilmot says President Trump is expected to adjust planned auto tariffs so car companies aren’t hit by overlapping levies. And a new study from KPMG and the University of Melbourne finds that more people are using AI at work, despite growing distrust in the technology. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Countries Negotiating With Trump Over Tariffs Turn to Goldman Sachs
P.M. Edition for April 28. As countries scramble to appease President Trump over tariffs, they are turning to Goldman Sachs for guidance. WSJ reporter AnnaMaria Andriotis joins to discuss what advice the nations are getting. Plus, President Trump has taken aim at universities in recent months; now, a number of elite universities are banding together to resist his actions. We hear from WSJ higher education reporter Doug Belkin about how they are going about it. And President Trump is set to sign an executive order that would create a nationwide list of sanctuary cities and states in an effort to target Democratic jurisdictions that don’t cooperate with immigration enforcement. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

China’s Huawei Develops New AI Chip to Rival Nvidia
A.M. Edition for April 28. Huawei is developing a new AI chip that aims to rival high-end offerings from U.S. semiconductor giant Nvidia. WSJ tech reporter Liza Lin says that although Huawei's Ascend 910D chip is still in the early stages of development, it shows the resilience of China’s semiconductor industry. Plus, Canadians head to the polls to decide the country’s next leader amidst economic turbulence and outside pressure from President Trump over trade and security. And elite universities form a private collective to push back against the White House. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inside the Biggest U.S. Public Health Shakeup in Modern History
At home and abroad, America’s approach to public health is changing rapidly. Tens of thousands of federal health workers are poised to lose their jobs and foreign aid cuts are interrupting programs touching everything from malaria prevention to the treatment of HIV. But along with cuts, new programs and priorities are rising up in their place. Journal health business editor Jonathan Rockoff and senior writer Betsy McKay look at what’s changing and how this will affect lives around the world. Luke Vargas hosts. Further Reading: Health Department Begins Sweeping Job Cuts RFK Jr. Plans 10,000 Job Cuts in Major Restructuring of Health Department Trump Administration Weighing Major Cuts to Funding for Domestic HIV Prevention Johns Hopkins Slashes More Than 2,000 Jobs Due to USAID Cuts Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Capital One Gains, Consumer Conglomerate Woes, Alphabet Earnings Shine
Why did Capital One’s merger news please investors? And how are tariffs worrying consumer conglomerates like Procter & Gamble? Plus, how Google parent Alphabet’s financials are holding up–for now. Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices

How Trump’s Pressure on the Fed Could Undermine Confidence in Its Next Chair
P.M. Edition for April 25. WSJ chief economics correspondent Nick Timiraos considers the economic consequences of how the central bank’s relationship to the White House is perceived. And economics correspondent Harriet Torry looks at the latest drop in U.S. consumer confidence. Plus, a Milwaukee judge’s arrest marks a major escalation of the Trump administration’s clash with local officials over deportations. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Targets Democratic Fundraising
A.M. Edition for April 25. President Trump directs the Justice Department to investigate the ActBlue fundraising platform, in an extraordinary effort to take on the opposing party. This as the administration faces a fresh round of legal challenges to its policies. Plus, CEO’s sound the alarm over tariff-induced uncertainty. And after the Trump administration pledges to curb a transition to renewable energy, the U.S. and Europe present contrasting ideas on energy security. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

China Bets Trump Will Cave on Tariffs
P.M. Edition for April 24. Chinese officials call for full repeal of levies and dismiss suggestions that trade talks with Washington have begun. WSJ Asia economic reporter Jason Douglas says President Trump’s apparent softening on tariffs against China strengthens Chinese leaders’ resolve that he will eventually cave if they wait him out. Plus, U.S. home sales fell 5.9% in March, their biggest drop since 2022. WSJ reporter Nicole Friedman joins to discuss what’s behind the fall that comes at the start of the crucial spring season. And Florida Gov. Ron DeSantis hopes to address a labor shortage with teenage workers. WSJ reporter Tali Arbel discusses how Florida might remove the barriers for teenage workers. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Russia Launches Major Assault on Kyiv
A.M. Edition for April 24. Moscow has renewed its attacks on Ukraine, after U.S.-mediated peace talks fizzled out. Ukrainian energy minister German Galushchenko describes how Russian strikes have impacted the country’s energy supply and how Ukrainian minerals could play a part in securing future peace. Plus, President Trump takes aim at universities, targeting their funding and accreditation. And new data reveals the richest Americans are wealthier than ever before. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Considers Slashing China Tariffs
P.M. Edition for April 23. We exclusively report that President Trump is considering cutting steep tariffs on Chinese imports, a move that could de-escalate the trade war. WSJ chief China correspondent Lingling Wei tells us what that means for the broader relationship between the U.S. and China. Plus, not even a U-turn on the trade war would erase concerns over erratic economic policy that may make U.S. assets seem riskier to some foreign investors. Heard on the Street columnist Jon Sindreu discusses what a flight of foreign investment could mean for U.S. markets. And as companies prepare for the impact of tariffs, they are already weighing how to pass those additional costs on to consumers. WSJ business reporter Natasha Khan joins the podcast to discuss the art of raising prices. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tesla Rises as Musk Signals DOGE Work ‘Mostly Done’
A.M. Edition for April 23. Global markets breathe a sigh of relief as President Trump signals a softer tone on China tariffs and said he isn’t planning to fire Federal Reserve Chair Jerome Powell. Plus, as Elon Musk hints that his work with the Trump administration could be coming to an end, WSJ reporter Stephen Wilmot explains what that could mean for Tesla. And federal contractors offer billions in cost cuts to win over an administration skeptical about their contributions. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Stocks Bounce Back on Hopes of Trade War De-Escalation
P.M. Edition for April 22. Major U.S. indexes rose 2.5% or more today as the Trump administration offers fresh hope for de-escalation of the president’s trade war. Plus, Tesla’s net income fell more than 70% in the first quarter as the company struggled with competitive pressure and Elon Musk’s polarizing role. And the International Monetary Fund expects slower growth for the global economy. Economics editor Paul Hannon joins to discuss why the IMF predicts that the U.S. is expected to be hit particularly hard. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

India Sees a Golden Opportunity in U.S.-China Trade War
A.M. Edition for April 22. The U.S. and India agree to broad terms to negotiate a potential trade deal. WSJ’s South Asia bureau chief Tripti Lahiri says India, a country that has long frustrated foreign companies with red tape, now sees an opening to capture American investment from China. Meanwhile, Washington targets Chinese solar-product manufacturers in Southeast Asia with steep tariffs. And Harvard sues the Trump administration in an escalating battle over its funding. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

‘Sell America’ Trade Picks Up After New Trump Threats on Fed
P.M. Edition for April 21. U.S. markets were on edge about President Trump's tariff war as well as his threats to fire Federal Reserve chief Jerome Powell. Stocks fell, the dollar hit fresh multiyear lows against major currencies, and yields on longer-term Treasurys rose. Plus, U.S. megabanks are built for business from all corners of the globe. Heard on the Street columnist Telis Demos says that will become tougher in a deglobalized world. And cryptocurrency is pushing deeper into the banking system; banking reporter Gina Heeb has the scoop on the crypto firms planning to apply for bank charters or licenses. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Francis, Pope of Firsts, Dies at 88
A.M. Edition for April 21. The Vatican announces the death of Pope Francis, triggering what Rome-based correspondent Margherita Stancati says will be a succession process that centers on whether to continue the pontiff's progressive legacy. Plus, Defense Secretary Pete Hegseth is in hot water again after sharing detailed military plans in another Signal chat. And the Supreme Court halts the Trump administration's deportation of Venezuelan migrants under a rarely used wartime law. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Correction: An estimated $1 trillion of goods transits through the Gulf of Aden each year. An earlier version of this podcast said that was a daily figure. (Corrected on April 21) Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Moves Could Force Universities to Recalculate Their Bottom Lines
The Trump administration has already pulled grant money from Harvard and is threatening to do so at other institutions too. Meanwhile,the administration is pulling hundreds of student visas and moving to deport some. WSJ’s Doug Belkin explains how losing federal grant money could affect universities’ bottom lines. And Fanta Aw, executive director and CEO of the Association of International Educators (NAFSA), explains how much international students contribute to universities’ budgets and the impact that losing them could have. Further Reading: Trump Is Going After Universities’ Federal Funding. Here’s What to Know. The Little-Known Bureaucrats Tearing Through American Universities Trump Team to Freeze Nearly $2 Billion at Cornell and Northwestern Universities How Harvard Ended Up Leading the University Fight Against Trump Trump Administration Wants to Install Federal Oversight of Columbia University Former College President Explains Funding Strategies Behind Universities Chinese Students on U.S. Campuses Are Ensnared in Political Standoff Student Visas Are Being Revoked Without Reason or Warning, Colleges Say Harvard-Bound Students Stand Firm While Some Columbia Prospects Think Twice Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Lilly Surges, UnitedHealth Plummets, Netflix Aims for $1 Trillion
Why did news from a weight-loss drug pill trial boost Eli Lilly? And how are costs in the Medicare business affecting UnitedHealth? Plus, what ambitious goals has Netflix set for itself? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Businesses Adding an Extra Charge With Trump’s Name On It
P.M. Edition for April 18. Some U.S. businesses are tacking an extra fee onto customer orders—and attributing them specifically to the man in the Oval Office. WSJ business reporter Natasha Khan tells us about the “this tariff isn’t our fault” fee. And as financial stress mounts, chains that cater to the budget-conscious are seeing more of a new class of shoppers. CFO Journal reporter Jennifer Williams tells us how that’s reflecting shifts for shoppers at all income levels. Plus, President Trump has replaced the acting IRS commissioner he appointed earlier this week. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Could Pause Ukraine Talks If Progress Isn’t Made Soon
A.M. Edition for April 18. Secretary of State Marco Rubio says Washington has presented Kyiv and Moscow with a framework deal to end their war, but that the clock is ticking for both to act before the U.S. shifts its diplomatic priorities elsewhere. Plus, President Trump signals that China, the EU and Japan could all reach trade deals with Washington. And WSJ Heard on the Street tech columnist Dan Gallagher breaks down Netflix’s latest earnings, in which the streaming giant posted a record profit and showed little sign of being dragged down by tumult in global markets. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Lashes Out at Powell. But Can the President Fire the Fed Chair?
P.M. Edition for April 17. In a post on social media and in comments from the Oval Office, President Trump expressed his displeasure with Fed Chair Jerome Powell. But can Trump actually fire him? WSJ chief economics commentator Greg Ip discusses an upcoming Supreme Court decision that might tilt the scales. Plus, a federal judge has ruled that Alphabet’s Google created an illegal monopoly that allowed it to control parts of the online advertising industry. And private equity, one of Wall Street’s most consistent fee generators, is in danger. Reporter Miriam Gottfried tells us what’s going on, and what it would take to get private equity back on track. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Uncertain Road Ahead for Chip Makers
A.M. Edition for April 17. Chip giant TSMC beat quarterly earnings estimates today, posting a 60% jump in profits. But can the stars of the semiconductor industry sustain their momentum as Washington limits what can be exported to China and mulls new chip tariffs? UBS head of Taiwan research Randy Abrams weighs in. Plus, Japan and Italy try to find common ground with the White House on trade. And WSJ markets reporter Chelsey Dulaney explains why the dollar’s recent slide is becoming the rest of the world’s problem. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fed Chair Warns of Difficult Choices as Trade War Rages
P.M. Edition for April 16. Federal Reserve Chair Jerome Powell warned today that the central bank could face difficult trade-offs in trying to cushion the U.S. economy from the fallout of President Trump’s trade war. His comments deepened a rout on tech stocks, fueled by trade restrictions on chipmaker Nvidia. We speak to WSJ Heard on the Street columnist Asa Fitch about what the rules mean for the company’s relationship with Wall Street. And research projects go on pause at Harvard after the Trump administration said it would stop more than $2 billion in federal grant money. WSJ science reporter Nidhi Subbaraman discusses the implications for researchers and the university writ large. Alex Ossola hosts. How Harvard Ended Up Leading the College Fight Against Trump Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Hopes to Use Tariff Talks to Isolate China
A.M. Edition for April 16. The Trump administration intends to use tariff negotiations with more than 70 countries to push them to limit China’s involvement in their economies. WSJ Southeast Asia bureau chief Gabriele Steinhauser discusses how that is likely to go over in countries used to balancing relations with Washington and Beijing. Plus, reporter Benoît Morenne explains how tariffs are rippling through energy markets. And a federal judge demands answers from the government about a wrongfully deported Maryland man, setting up the biggest test yet of judges’ authority to rein in the administration’s actions. Luke Vargas hosts. Check out our special series on how China’s trillion-dollar infrastructure plan is challenging the West. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Task Force Taking On American Universities
P.M. Edition for April 15. The Task Force to Combat Anti-Semitism is a cross-government group with unprecedented leverage to push for change at elite U.S. universities. WSJ higher education reporter Sara Randazzo tells us about the group, and how universities are responding to it. Plus, Beijing has told Chinese airlines not to place new orders with Boeing, the U.S.’s largest exporter. We hear from WSJ Heard on the Street columnist Jon Sindreu about what this means for Boeing’s business. And big-bank earnings for the first quarter showed that U.S. consumer spending remained resilient, despite economic uncertainty. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Harvard Hit With $2 Billion Government Funding Freeze
A.M. Edition for April 15. The Trump administration freezes billions in funding for Harvard University, after the school said it would resist demands to change its governance structure over antisemitism concerns. Plus, confusion in Detroit as automakers struggle to claim tariff relief on U.S.-sourced products. And Chinese leader Xi Jinping heads overseas, pitching stability to Asian countries facing high reciprocal tariffs from Washington. WSJ reporter Austin Ramzy explains what Beijing can realistically offer amid broader trade tensions. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Administration Backs Away From White-Collar Criminal Enforcement
P.M. Edition for April 14. The U.S. administration is backing away from cases involving foreign bribery, public corruption, money laundering and crypto markets. WSJ reporter Dave Michaels says the administration is effectively redefining what business conduct constitutes a crime. And WSJ reporter Peter Grant says Trump’s appetite for tariffs is threatening a post-Covid bounce for the U.S. office space market. Plus, what’s at stake for Meta Platforms—which owns Instagram and WhatsApp—in its antitrust trial brought by the Federal Trade Commission. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors Cheer a Tariff Rollback for the Tech Industry
A.M. Edition for April 14. Global stocks rise after a Friday filing showed that smartphones, computers and other categories of tech products will be exempt from sweeping tariffs imposed earlier this month. WSJ markets reporter Caitlin McCabe surveys how equities are responding. Plus, data news editor Anthony DeBarros breaks down the Journal’s latest survey of economists, which featured an unusual lack of consensus about future U.S. growth prospects. And a Trump official who oversaw the closure of USAID has left the State Department. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Prompts Rethink of Nuclear-Weapons Deals
Amid doubts about Washington’s commitment to defending its allies, countries in Europe and elsewhere are asking whether America’s nuclear umbrella offers enough protection from Russia and countries looking to build their arsenals, such as North Korea and Iran. WSJ reporter Laurence Norman and Marion Messmer, senior research fellow at Chatham House, discuss what might drive some countries to seek the protection of others or consider building their own nukes. Then, Debak Das, assistant professor at the University of Denver, shares the proliferation risks of a renewed arms race, and what the process of actually building a nuclear program could look like. Luke Vargas hosts. Further Reading Trump Prompts European Calls for a Homegrown Nuclear Umbrella The Bomb Is Back as the Risk of Nuclear War Enters a New Age Trump’s Embrace of Putin Has Germany Thinking of Nuclear Weapons Iran Has Enough Highly Enriched Uranium for Six Nuclear Weapons Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Banks' Warnings, CarMax Stalls, Delta Shares Fly
Why did banks report higher profit but also warn of a recession risk? And how did President Trump’s tariff announcements affect CarMax? Plus, what caused Delta’s shares to rise? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Banks Warn of Risk to U.S. Economy Because of Tariffs
P.M. Edition for April 11. In earnings calls today, executives warned that President Trump’s tariffs were sending the U.S. economy into the unknown, hurting consumers and businesses. WSJ Heard on the Street columnist Jonathan Weil joins to discuss how banks are gauging what’s ahead. Plus, results of the latest consumer sentiment survey show that Americans have a pessimistic view of the economy, with the highest expectations for unemployment and inflation in years. And small U.S. businesses are looking to be the biggest losers in Trump’s trade war. We hear from WSJ senior special writer Ruth Simon about how they are weathering higher costs from tariffs. Alex Ossola hosts. See How Government Spending Is Up Even as Musk Touts Savings Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

China Hits U.S. Goods With 125% Tariff
A.M. Edition for April 11. Beijing unveils another round of trade countermeasures against Washington, saying its latest duties on U.S. products will make them no longer marketable in the country. Rathbones’ Ed Smith joins us to discuss how investors can prepare for the road ahead after a volatile week for markets. Plus, the WSJ’s Benoit Faucon previews high-stakes U.S.-Iran nuclear talks. And the Supreme Court orders the return of a man mistakenly deported to El Salvador. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Correction: The White House on Thursday said U.S. tariffs on China add up to 145%. An earlier version of this podcast incorrectly referenced 150% tariffs on China. (Corrected on April 11) Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Stocks Fall Sharply as Global Economic Outlook Remains Uncertain
P.M. Edition for April 10. Yesterday’s market rally gave way to declines as the impact of a trade war with China sinks in. Plus, services are a major U.S. export now being pulled into Trump’s trade wars. WSJ economics reporter Konrad Putzier joins to discuss. And the House passes a budget blueprint for President Trump’s “one big, beautiful bill.” We hear from Journal tax policy reporter Richard Rubin about what the blueprint lays out and what it leaves up for debate. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

China Readies Its Trade-War Arsenal
A.M. Edition for April 10. Relief sweeps through global markets after President Trump blinked on reciprocal tariffs yesterday, even as the U.S. and China hurtle toward an all-out trade showdown. China bureau chief Jonathan Cheng explains Beijing’s options as it prepares to hit the U.S. where it hurts. Plus, the U.S. and Russia complete a prisoner swap. And Kyiv claims more than 150 Chinese citizens are fighting alongside Russian troops in Ukraine. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Stocks Soar as President Trump Pauses Some Tariffs
P.M. Edition for April 9. U.S. stocks stage a furious rally after Trump announces a 90-day pause on reciprocal tariffs. WSJ investing columnist Spencer Jakab discusses the market reaction, and markets reporter Ryan Dezember breaks down what the tariff pause means in practice, as China was a big exception to the pause, with Trump saying the tariff rate on Chinese goods was now 125%. And, no matter what the tariff rate is, putting new levies into practice will make the act of importing much more complicated. Liz Young, who covers logistics and the supply chain for the Journal, walks us through how it works. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bonds Sell Off as New U.S. Tariffs Upend Global Trade
A.M. Edition for April 9. As U.S. tariffs targeting nearly 100 nations take effect, WSJ reporters Jason Douglas and Kim Mackrael explain how America’s trade partners are responding to the levies, including a 104% tariff on China. Plus, markets reporter Chelsey Dulaney breaks down an intensifying selloff in usual safe haven U.S. Treasurys. And President Trump vows to bring back the declining U.S. coal industry. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Stocks Sink Ahead of Trump’s 104% Tariffs on China
P.M. Edition for April 8. U.S. stocks gyrated today but ultimately ended down as investors’ hopes for tariff resolution turned out to be unfounded. WSJ markets reporter Jack Pitcher walks us through what happened. Plus, investors looking for a guide to trading in turbulent times are turning to a book first published in 1997. Kevin Dugan, who covers business culture for the Journal, talks about why it is still resonating with investors. And Journal reporter Peter Grant discusses the potential impact of President Trump’s tariff blitz on the coastal industrial-property sector. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets Rebound After Signs Trading Partners Could Strike Deals With U.S.
Plus: BlackRock’s Panama Canal deal is dealt a blow by the country’s top auditor. And Ukraine says it has captured two Chinese citizens fighting for Russia. Anthony Bansie hosts.Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

China Vows to Fight U.S. Tariffs ‘To The End’
A.M. Edition for April 8. Beijing pledges more countermeasures if President Trump follows through on a threat for an additional 50% tariff on Chinese goods. Despite signs of an intensifying trade war, the WSJ’s Alex Frangos explains why global equities are regaining ground today. Plus, the U.S. and Iran plan high-stakes nuclear talks. And correspondent Kejal Vyas takes us to the U.S.-Mexico border as the normally-bustling frontier braces for new trade barriers. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Impact of Trump’s Tariffs on the Rest of His Agenda
P.M. Edition for April 7. Amrith Ramkumar, who covers tech policy for the Journal, discusses how President Trump’s tariffs risk undercutting his goals of curbing inflation, supporting U.S. manufacturing and boosting a build-out of AI data centers. Plus, Trump threatens China with an additional 50% levy if Beijing doesn’t withdraw its retaliatory tariff by tomorrow. And U.S. markets went on a wild swing that added—and then erased—more than $2 trillion in value in a matter of minutes. WSJ markets reporter Hannah Erin Lang walks us through what happened. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Market Turmoil Deepens as Trump Stands By Tariffs
A.M. Edition for April 7. Declines in global markets are snowballing into one of the worst routs in recent memory, with Hong Kong’s benchmark index recording its worst trading day in decades and the S&P 500 now poised to follow the NASDAQ into bear-market territory. The WSJ’s Peter Landers and Katy Barnato survey the damage and explain how big names on Wall Street are beginning to push back. Plus, reporter Hannah Miao breaks down how China is responding to U.S. tariffs as it stares down a major hit to its growth forecasts if it can’t find buyers for its exports. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What to Watch for This Earnings Season as Trump’s Tariffs Come Into Play
President Trump’s latest tariff policy announcement has rocked companies, markets and investment portfolios. To get into what they mean for Americans from Main Street to Wall Street, What’s News brings you an episode of our sister podcast WSJ’s Take On the Week, where co-hosts Telis Demos and Miriam Gottfried discuss tariffs, Trump’s trade war and the upcoming first quarter earnings season. Christine Short, head of research of Wall Street Horizon, which is part of the financial services company TMX Group, discusses how companies are dealing with tariffs. You can also listen to this episode on WSJ’s Take On the Week. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com. Further Reading To read more from our co-hosts, catch up on Wall Street Facing Toughest Test in Years and Banks Don’t Pay Tariffs, but Tariffs Will Cost Them. What to Know About Trump’s Latest Tariffs A Market-Rattling Attempt to Make the American Economy Trump Always Wanted For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard on The Street Column, and WSJ’s Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Nike Tariff Turmoil, The Not-So-Magnificent Seven, Newsmax’s Wild Debut
Why did President Trump’s tariff announcements send Nike stock spinning? And what’s weighing on the Magnificent Seven tech stocks? Plus, how did shares of conservative news outlet Newsmax do in their first trading week? Host Krystal Hur discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Most Voters Oppose Trump’s Tariffs, But His Supporters Are Still Behind Him
P.M. Edition for April 4. A Wall Street Journal poll shows that most voters were already souring on President Trump’s handling of the economy even before Wednesday’s raft of tariffs. WSJ reporter and editor Aaron Zitner joins us to discuss the poll results. Plus, a 2,200-point drop in the Dow ends a brutal week for U.S. stocks. Krystal Hur, who covers markets for the Journal, breaks down what happened. And Trump signs an executive order granting a 75-day extension to work out details on a potential deal to keep TikTok operating in the U.S. Alex Ossola hosts. Your New Lunch Habit Is Hurting the Economy Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Recession Fears Rise as Global Selloff Continues
A.M. Edition for April 4. Global markets extend their declines following yesterday's tariff-driven Wall Street rout, with several indicators now pointing to a heightened risk of a global recession. Plus, the chair of the European Parliament’s trade committee, Bernd Lange, explains how the bloc is responding to new U.S. tariffs and what it’s not willing to compromise on. And the WSJ’s Dasl Yoon has the latest from Seoul, as South Korea’s impeached president is removed from office. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Stocks Fall, Wiping Out More Than $3 Trillion in Market Value
P.M. Edition for April 3. U.S. markets experience their steepest declines since 2020, as investors grappled with the impact of President Trump’s new tariff plan. WSJ reporter Hannah Erin Lang joins to discuss. Plus, amid a broader selloff, investors turn to consumer staple stocks. We hear from Journal reporter Stephen Wilmot about which kinds of stocks have emerged as winners. And the U.S. dollar fell today, catching analysts by surprise. Heard on the Street columnist Jon Sindreu tells us what that means for the U.S.’s economic future. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A New Global Trade Order Takes Shape
A.M. Edition for April 3. Markets around the world are reeling after yesterday’s unveiling of sweeping new U.S. tariffs. The Journal’s Alex Frangos and Deborah Ball take stock of what’s changing and how America’s trade partners are responding. Plus, the Council on Foreign Relations’ Brad Setser explains the shocks in store for the global auto industry - and consumers - as U.S. duties on foreign-made vehicles and parts kick in. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump Announces 10% Across-the-Board Tariff on All Imports
P.M. Edition for April 2. President Trump said that the U.S. will impose a 10% tariff on all imports, and even higher rates for some nations, in a series of moves he declared "Liberation Day" for U.S. trade policy. Plus, the U.S. tariffs send a message to companies that the era of globalization is over. Reporter Tom Fairless, who covers the European economy, discusses whether the president’s strategy can work in bringing manufacturing back to the U.S. And WSJ Brazil correspondent Samantha Pearson explains how Brazil may emerge as a winner in the new trade war. Alex Ossola hosts. Trump Tariffs Live Blog Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors Hold Their Breath as Trump Tariffs Loom
A.M. Edition for April 2. Markets are on edge ahead of President Trump’s long-awaited tariff announcement in the Rose Garden later today. Neuberger Berman’s Maya Bhandari explains what market signals tell us about the likely scope of the U.S. actions. Plus, a liberal judge wins the Supreme Court race in Wisconsin in a rebuke of Trump and Elon Musk. And a potential TikTok takeover deal takes shape days ahead of a deadline to sell the platform or shut it down. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

White House Says Trump Tariffs Tomorrow Will Take Effect ‘Immediately’
P.M. Edition for April 1. Trump met with advisers to iron out the final details of his reciprocal tariff plans, as Canada and the EU prepare their responses. Plus, anticipation of tariffs boosts U.S. car sales for March. But, as deputy bureau chief for autos Mike Colias tells us, companies don’t think the good times can last. And the M&A boom Wall Street was hoping for is happening. Reporter Ben Glickman says it just looks a little different than they might have expected. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Case for Trump’s Tariffs
A.M. Edition for April 1. President Trump says he has settled on a strategy for his ‘Liberation Day’ tariffs to be announced on Wednesday. Oren Cass, founder of the conservative think tank American Compass, makes the case for how the new levies can be used to reset the U.S. economy. Plus, Meta’s Mark Zuckerberg tries to enlist the White House to fight a European law that could undermine its ad business. And president Trump signs an executive order targeting ticket scalpers and fees. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

S&P, Nasdaq Post Worst Quarter Since 2022
P.M. Edition for Mar. 31. U.S. markets bounced back from sharp losses early in the day. Markets reporter Hannah Erin Lang walks us through what’s driving the volatility. Plus, screws are essential to manufacturing; now, steel and aluminium tariffs have made them a lot more expensive. WSJ metals and manufacturing reporter Bob Tita explains what companies are doing about it. And President Trump leaves open the possibility of running for a third term, a move that the Constitution prohibits. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stocks Slump as Trump Threatens Tariffs on All U.S. Trading Partners
A.M. Edition for Mar. 31. The Trump administration is still scrambling to set out the specifics of its new tariff agenda ahead of ‘Liberation Day’ on Wednesday. WSJ reporter Caitlin McCabe explains how the tariff threats are ramping up market volatility and dampening the outlook for the U.S. economy. Plus, Trump threatens Russia with new tariffs, after expressing anger at Vladimir Putin as Ukraine peace talks make little progress. And Apple clashes with SpaceX amid a race to eliminate cellphone dead spots. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Understanding Trump’s Tariff Strategies as ‘Liberation Day’ Approaches
On April 2nd, a new slate of reciprocal U.S. tariffs are expected to take effect. President Trump has championed tariffs, saying they are needed in order to make things fair, to reduce the trade deficit and to bring manufacturing jobs back to the United States. But will his strategies work? Mary E. Lovely, of the Peter son Institute for International Economics, discusses the reasons behind and effectiveness of previous strategies on tariffs to explain how Trump's newest plans may pan out. Alex Ossola hosts. Further Reading Why Trump’s Tariff Strategy Is Getting Riskier, According to Economists How Trump’s Trade War Is Playing Out At Breakneck Speed Trump Previews Reciprocal Tariff Action Set for April 2 Trump’s Tariffs on Canada, Mexico and China: Here’s Where Things Stand Trump’s Tariff Onslaught Is Coming Faster Than His Team Can Carry It Out Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Tariffs Hit Automakers, Lululemon’s Warning, Family Dollar Sale
Why was Tesla not hit as hard by Trump’s new tariffs as GM, Toyota or BMW? And why did Lululemon’s results spook investors? Plus, how did investors react to Family Dollar leaving the Dollar Tree family? Jack Pitcher discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Stocks Fall Sharply as Consumer Sentiment Sours in March
P.M. Edition for Mar. 28. Stocks sold off after hotter-than-expected inflation data, President Trump's tariff announcements and souring consumer sentiment. But does consumer sentiment actually mean a change in consumer behavior? Economics reporter Justin Lahart joins us to discuss. Plus, cloud computing startup CoreWeave made its highly anticipated IPO today turned into a high-profile stumble. Corrie Driebusch, who covers finance for the Journal, tells us what this means for artificial-intelligence companies, and for IPOs more broadly. And President Trump has embarked on a sweeping deregulatory drive. Reporter Scott Patterson explains what sectors are feeling the effects, and what investors make of it. Alex Ossola hosts. Bad Bets podcast Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Powerful Earthquakes Rock Myanmar, Thailand
A.M. Edition for Mar. 28. Rescuers search through rubble in Bangkok and streams of wounded seek treatment in Myanmar’s capital Naypyitaw following a magnitude 7.7 earthquake. Plus, President Trump broadens his retribution campaign against major law firms as Perkins Coie pushes back. And WSJ Brussels Bureau Chief Dan Michaels describes how European leaders are waking up to the reality that U.S. Vice President JD Vance’s hostility toward them could be more than just a show. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How RFK Jr. Is Reshaping the U.S. Health Agencies
P.M. Edition for Mar. 27. Health and Human Services Secretary Robert F. Kennedy Jr. announced 10,000 job cuts across the department. We speak with WSJ health reporter Liz Essley Whyte about the cuts’ impact. Plus, energy security in the U.S. was once all about oil—now, it’s about electricity. WSJ chief economics commentator Greg Ip discusses what that means for economic growth. And U.S. stocks end the day lower as investors react to President Trump’s automotive tariffs. Alex Ossola hosts. The Ford Executive Who Kept Score of Colleagues’ Verbal Flubs Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports
A.M. Edition for Mar. 27. Shares in global carmakers are sliding after President Trump said he’d impose a new duty on automotive imports starting next week. European autos reporter Stephen Wilmot discusses how that move could affect car prices and demand. Plus, leaders meet in Paris to plan for a European armed force in Ukraine to implement a potential ceasefire with Russia. And the WSJ’s Stu Woo on how the used phone market is taking off, as shoppers - feeling ripped off by $1,000 devices - hunt for cheaper alternatives. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Surrender or Resist? The Dilemma Facing Allies Caught in Trump’s Trade War
P.M. Edition for Mar. 26. When confronted with President Trump’s plan to impose tariffs, governments are still figuring out how best to respond. Canada correspondent Vipal Monga walks us through the strategies they have chosen, and how they might play out in the long term. Plus, Trump is set to announce his plans for tariffs on the automotive industry. And the Atlantic magazine has published more screenshots of the cabinet members’ Signal chat. WSJ national security reporter Alex Ward analyzes the texts and the Trump administration’s response. Alex Ossola hosts. An Annotated Analysis of Signal Group Chat With Top Trump Officials Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Growing Debt, Tariffs Weigh on U.S. Outlook
A.M. Edition for Mar. 26. Ratings company Moody's raises red flags over ballooning U.S. debt and the negative effects of tariffs. Plus, Vice President JD Vance announces he’ll join a controversial visit to Greenland this week, sparking anger and confusion on the island and in Denmark. And WSJ reporter Clarence Leong describes how China’s space industry is racing to catch up to SpaceX. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Administration Denies That Signal Chat Shared Classified Info
P.M. Edition for Mar. 25. The White House and top intelligence officials denied that classified information about military strikes in Yemen were shared on a group chat. Plus, Forever 21 is closing its 350 stores, and mall owners are looking forward to it. WSJ real estate reporter Kate King explains why. And for the first time in a decade, no CEOs got $100 million payouts in 2024 so far. Special writer Theo Francis tells us about the rise of the nine-figure payout. Alex Ossola hosts. Listen: What You Can Learn From LinkedIn Influencers to Boost Your Brand Online Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Officials Debated War Plans on Unclassified Chat App
A.M. Edition for Mar. 25. Group-chat drama roils Washington after senior government officials, including Vice President JD Vance and Defense Secretary Pete Hegseth, accidentally let a journalist in on sensitive war plans. Plus, Boeing eyes a chance to withdraw from a Biden-era guilty plea deal. WSJ aviation reporter Ben Katz explains how securing more lenient treatment in the case could be crucial for the embattled company’s recovery. And Canadians get cold feet about traveling south of the border. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Big Law Is Split on Trump’s Attacks: Push Back or Lay Low?
P.M. Edition for Mar. 24. As President Trump ramps up his attacks on the legal industry, law firms are split on how to respond. WSJ national legal-affairs reporter Erin Mulvaney discusses the implications for the industry. Plus, Trump recalibrates his plans for tariffs on goods from particular sectors and says he might soften reciprocal tariffs on some nations, though the back-and-forth is hard on U.S. small businesses. Senior special writer Ruth Simon joins to talk about how small businesses are responding. And shares in Tesla, a longtime stock-market highflier, are down more than 30% this year. Reporter Hannah Erin Lang explains why. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

White House Scales Back Planned April Tariffs
A.M. Edition for Mar. 24. The Trump administration is considering holding off on industry-specific tariffs when it unveils a raft of trade measures on April 2nd. Plus, Greenland’s prime minister condemns a planned trip to the island this week by a U.S. delegation as ‘highly aggressive.’ And as Israel prepares for a scaled-up ground offensive in Gaza, WSJ correspondent Dov Lieber reports that a majority of Israelis would prefer negotiating with Hamas to end fighting. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Medicaid Cuts: What’s on the Table and What It Means for You
Fifteen years ago today, the Affordable Care Act was signed into law, kicking off a sweeping overhaul of U.S. healthcare and expanding Medicaid coverage to more than 30 million Americans. But with deep cuts to Medicaid being debated on Capitol Hill, could the U.S. healthcare landscape be in for a shock? WSJ health-insurance reporter Anna Wilde Mathews and Larry Levitt, executive vice president for health policy at the non-profit health policy research and polling organization KFF, discuss the kinds of changes that are on the table, from work requirements to federal contributions to states, and what they would mean for Americans’ healthcare more broadly. Luke Vargas hosts. Further Reading: Fear of Medicaid Cuts Hits Health Insurer and Hospital Stocks GOP Split on Medicaid Imperils Trump’s Tax-Cut Plans Trump’s Medicaid Comments on Friday Provide Relief for Insurers Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Walmart Affirms Klarna, Tesla Politics, Consumer Angst
What happened when Walmart replaced Affirm with Klarna? And how are Elon Musk’s politics intersecting with Tesla’s stock? Plus, how are companies from General Mills to Nike feeling a tightening in consumer spending? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Boeing Wins Contract For Next-Generation Jet Fighter
P.M. Edition for Mar. 21. President Trump announced Boeing has been selected to build a sophisticated jet the Air Force believes is vital to deter China’s military in the decades ahead. Plus, the oil-and-gas industry was excited when President Trump got elected. But now, as WSJ reporter Collin Eaton tells us, the industry is feeling nervous. And leveraged single-stock ETFs became Wall Street’s newest roller-coaster trade last year, with billions flowing into them. Today, their value is plunging. WSJ markets reporter Jack Pitcher explains why. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Power Outage Shuts Heathrow Airport, Snarling Travel
A.M. Edition for Mar. 21. WSJ aviation reporter Ben Katz describes how a fire at an electrical substation is having widespread ramifications as passengers, flights and goods into Europe’s busiest airport are left stranded or diverted. Plus, protests in Israel after Prime Minister Netanyahu fires his intelligence chief, tightening his grip on power. And Elon Musk is set to receive a top-secret Pentagon briefing on U.S. war plans for China. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Florida Is Considering Getting Rid of Property Tax
P.M. Edition for Mar. 20. As the costs of home ownership soar, Florida lawmakers are considering a far-reaching remedy: eliminating property taxes. WSJ economics reporter Arian Campo-Flores joins us to discuss why the state is unlikely to get rid of property taxes completely. Plus, President Trump signs an executive order seeking to abolish the Education Department. And a $6.1 billion-sale of the Boston Celtics basketball team is the biggest in the history of American sports. Alex Ossola hosts. Listen: Trump Wants to Abolish the Education Department. What Comes Next? Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Considers Letting Chevron Keep Pumping Venezuelan Oil
A.M. Edition for Mar. 20. President Trump is weighing a plan to extend Chevron's license to pump oil in Venezuela while also making it harder for countries like China to get a foothold there. Plus, the U.S. Agency for International Development could soon get a major overhaul, according to a memo viewed by the Journal. And, WSJ reporter Ben Dummett explains how Trump’s order to end diversity, equity, and inclusion efforts across the U.S. are also being felt across the Atlantic. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fed Holds Rates Steady, Dims Economic Outlook
P.M. Edition for Mar. 19. The Federal Reserve held interest rates steady, as expected, continuing its wait-and-see posture. WSJ chief economics commentator Greg Ip joins to discuss the central bank’s outlook for the quarter. Plus, the Journal’s chief China correspondent Lingling Wei explains why Chinese leader Xi Jinping is angry with Hong Kong-based CK Hutchison’s deal to sell ports on either side of the Panama Canal to U.S. investors. And Ukrainian President Volodymyr Zelensky agreed to a partial cease-fire with Russia on a phone call with President Trump. Alex Ossola hosts. Building Influence: China’s Global Infrastructure Bet Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Two Rulings Deal Blow to Key Trump Policies
A.M. Edition for Mar. 19. A federal judge in Maryland ruled that the Department of Government Efficiency’s dismantling of USAID was likely unconstitutional, while a judge in Washington D.C. has blocked President Trump’s executive order which excludes transgender individuals from serving openly in the military. Plus, WSJ autos reporter Stephen Wilmot explains what a decades-old chicken tax has to do with the barrage of new tariffs being pursued by the Trump administration. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why No One Is Happy About Morgan Stanley’s DEI Efforts
P.M. Edition for Mar. 18. In 2020, Morgan Stanley went big on DEI efforts; now, after criticism from employees, it’s watering them down. WSJ reporter AnnaMaria Andriotis tells us what happened. Plus, Russian President Vladimir Putin agrees to a temporary cease-fire in Ukraine on a call with President Trump. WSJ report er Alan Cullison joins to talk about what it means. And Chief Justice John Roberts criticizes Trump for calling to impeach judges ruling against his administration policies. Alex Ossola hosts. Watch: How Taiwan Is Navigating Trump 2.0 Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Renewed Israeli Strikes Kill Hundreds in Gaza
A.M. Edition for Mar. 18. Israel has launched a series of attacks against Hamas targets across Gaza, after a breakdown in talks to release the remaining hostages. Plus, WSJ Ukraine bureau chief James Marson explains how talks between President Donald Trump and Russian President Vladimir Putin today are unlikely to end in a cease-fire agreement. And, after being stuck in space, two astronauts are heading home nine months later than originally planned. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How a Secret Mortgage Blacklist Is Making It Hard for Condo Owners to Sell
P.M. Edition for Mar. 17. Condo sales are falling through when would-be buyers find that the property they want to purchase is on a mostly secret mortgage blacklist maintained by Fannie Mae. WSJ insurance reporter Jean Eaglesham tells us about the list and why it is growing. Plus, President Trump lays the groundwork for investigating people pardoned by President Joe Biden. And recent market volatility is leaving even hedge funds floundering. We hear from WSJ special writer Gregory Zuckerman about the funds’ impact on the broader market and what signals they will be looking at in the near future. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump and Putin to Hold Ceasefire Talks
A.M. Edition for Mar. 17. President Trump says he will speak with Russian President Vladimir Putin on Tuesday, as Washington pushes to end the war in Ukraine. Plus, is the U.S. headed for a recession? WSJ’s Justin Lahart breaks down the indicators. And, with egg prices still stubbornly high, more Americans are now smuggling in eggs from Mexico and Canada. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Palmer Luckey's 'I Told You So' Tour: AI Weapons and Vindication
This week, we’re bringing you an episode of Bold Names, which presents conversations with the leaders of the bold-named companies featured in the pages of The Wall Street Journal. On this episode, hosts Tim Higgins and Christopher Mims speak to Palmer Luckey, the founder of weapons manufacturer Anduril and part of a minority in the tech sector that supported President Trump during his first run at the White House. Now, Luckey wields influence in both Silicon Valley and Washington, D.C.–and he’s using it to secure U.S. military contracts while trying to remake the government’s approach to national security. Luckey speaks to WSJ’s Christopher Mims and Tim Higgins in the latest episode of our interview series Bold Names. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Trump’s Tesla, Trade-War Hiccups, Low-Flying Shares
What a visit to the White House did for Tesla’s stock. And how American whiskey found itself at the heart of a trade war between the U.S. and Europe. Plus, why shares of Delta Air Lines and American Airlines hit turbulence while JetBlue and Southwest flew higher. Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Grocers Try to Hold Prices Steady as Tariffs Threaten Produce
P.M. Edition for Mar. 14. Much of the fresh produce that Americans expect year-round is imported from places like Mexico and Canada, which were subjects of Trump’s whipsaw approach to trade. WSJ agriculture reporter Patrick Thomas joins to discuss how grocers are handling the rapid shifts. Plus, consumer sentiment in the U.S. hits its lowest level since 2022, but, as economics reporter Justin Lahart tells us, it’s the expectations element that’s particularly concerning. And Sara Randazzo, who covers education for the Journal, talks about what steps universities are taking to avoid becoming President Trump’s next target. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Does Europe Have What it Would Take to Fight Russia?
A.M. Edition for Mar. 14. Democrats clear the way for the Republican funding bill, ending the threat of a government shut down. Plus, the Trump administration makes an emergency plea to the Supreme Court on birthright citizenship. And, with America’s commitment to NATO suddenly in doubt, the WSJ’s Dan Michaels explains how Europe’s military would stack up against Russian aggression. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Consumers Pull Back Spending, From Luxury Goods to Convenience Stores
P.M. Edition for Mar. 13. Low- and high-income consumers alike are spending less, and that’s having an effect on lots of retailers. WSJ food and agriculture reporter Jesse Newman tells us how fewer convenience store purchases of chips and candy bars could impact snack companies’ bottom line. Plus, a federal judge orders the Trump administration to reinstate thousands of fired workers at six federal agencies. And potential cuts to Medicaid put venture-backed startups at a crossroads. WSJ reporter Brian Gormley joins to discuss who could benefit. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

China’s Power Tactics are Blurring the Lines Between War and Peace
A.M. Edition for Mar. 13. Democrats signal they will block a Republican plan to avert a government shut down this weekend. Plus, US and Canadian officials meet today in a bid to tamp down the trade war between the two allies. And, chief correspondent Naharika Mandana explains how China is cementing power across Asia by exhausting its opponents with a thousand cuts. Kate Bullivant hosts. Check out our special series on how China’s trillion-dollar infrastructure plan is challenging the West. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump’s Economic Messaging Spooks CEOs. Why Are They Keeping Quiet?
P.M. Edition for Mar. 12. President Trump’s stop-and-start trade policy is prompting executives to call officials for clarity. WSJ White House economic policy reporter Brian Schwartz discusses what they’re hoping to gain. Plus, CEOs critical of the Trump administration aren’t saying so publicly. We hear from Journal management reporter Chip Cutter about what it would take to get them to speak out. And Canada and the European Union impose retaliatory tariffs after U.S. tariffs on steel and aluminum go into effect. WSJ reporter Kim Mackrael breaks down how the EU tariffs would work, and how they could affect the U.S. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Trump’s Tariffs Will Push Up U.S. Steel Prices
A.M. Edition for Mar. 12. As American tariffs on imported steel and aluminum take effect, BCG’s Nicole Voigt explains why domestic manufacturers are likely to respond with price hikes on everything from cars to pumps to screws. Plus, the House passes a GOP measure to avert a looming government shutdown. And voters in Greenland elect a party opposed to a U.S. takeover. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Long Journey Home for Migrants Turned Away From the U.S.
P.M. Edition for Mar. 11. New policies effectively closing the U.S.’s southern border are pushing some migrants to turn back around. WSJ Latin America bureau chief Juan Forero caught up with some of them on their long journey home. Plus, the U.S. resumes intelligence sharing and military support to Ukraine after Kyiv agrees to a 30-day cease-fire. And consumers’ spending—sometimes on credit cards—has kept the U.S. economy afloat. Telis Demos, Heard on the Street writer and co-host of the Take On the Week podcast, joins to discuss whether Americans may now be overstretched on debt. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work
A.M. Edition for Mar. 11. Tesla stock fell 15% on Monday in its worst trading day since 2020, as Elon Musk concedes his work in Washington is making it hard to focus on his business empire. Plus, global markets try to shake off yesterday’s down day on Wall Street as fears about the U.S. economy mount. And WSJ national security correspondent Michael Gordon joins us from Saudi Arabia, where the U.S. and Ukraine are trying to mend ties and pave the way for peace talks with Russia, Luke Vargas hosts. Check out our special series on how China’s trillion-dollar infrastructure plan is challenging the West. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets Plummet as Concerns Around U.S. Recession Grow
P.M. Edition for Mar. 10. Stocks fell after President Trump’s refusal yesterday to rule out a recession. WSJ markets reporter Hannah Erin Lang discusses whether today’s stock selloff was just about the president’s remarks. Plus, the U.S. is a leading arms exporter, and Europe is a big buyer. But as reporter Alistair MacDonald explains, Trump’s policy towards Ukraine is making some in Europe reconsider buying arms from American companies. And Utah is set to become the first state to ban fluoride in its public water supply. WSJ national affairs reporter Kris Maher discusses why it may not be the last. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Democrats Can’t Agree How to Fight Back
A.M. Edition for Mar. 10. The WSJ’s Aaron Zitner says the Democratic Party is split between progressives who want direct confrontation with Republicans and moderates worried about alienating centrists who vote with their pocketbooks. Plus, Mark Carney wins the contest to become Canada’s new leader and vows to push back on Donald Trump’s trade war. And Russia regains key territory from Kyiv’s troops ahead of this week’s U.S.-Ukraine talks. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

China Has Been Building Influence for Years. How Will Trump Respond?
While China has spent the past 12 years growing its friend circle through its $1 trillion Belt and Road infrastructure program, the U.S. has struggled to come up with a comprehensive response. Could President Trump’s more aggressive approach to diplomacy mean Beijing will meet greater resistance, or will it open more doors for Xi Jinping? In the final episode of our three-part series, “Building Influence,” WSJ reporter Vera Bergengruen, Harvard Kennedy School’s Rana Mitter and the Council on Foreign Relations’ David Sacks discuss how the U.S. has tried to push back on Beijing's expanding footprint so far, and former Trump administration officials J. Peter Pham and David Malpass weigh in on how the president could counter China. Daniel Bach hosts. Check out the full series, or catch up on the first and second parts. Further Reading: How China Capitalized on U.S. Indifference in Latin America How the U.S. Is Derailing China’s Influence in Africa Why Trump Sees a Chinese Threat at the Panama Canal, and Locals Don’t A New Chinese Megaport in South America Is Rattling the U.S. How Much the U.S. Spent on Foreign Aid—and Where It Went Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Tariffs Whipsaw, Gap’s Bump, Target Prices
What made Target’s stock wobble and Gap’s surge? And how are automakers faring in the wake of Trump’s tariffs? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Goods From Canada, Mexico Still Exposed to U.S. Tariffs, Despite Pause
P.M. Edition for Mar. 7. Despite Thursday's pause on tariffs on goods from Canada and Mexico many products are still exposed to them. WSJ economics reporter Chao Deng tells us which goods fall under the new exemption and why it is so hard to parse. Plus, Fed chair Jerome Powell says that changing trade policies keep the Federal Reserve in a holding pattern on rates. And the Justice Department opens an investigation into whether egg producers have conspired to raise prices. Alex Ossola hosts. Listen to “Palmer Luckey's 'I Told You So' Tour: AI Weapons and Vindication” in Bold Names. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Musk’s Politics Dent Tesla’s Appeal
A.M. Edition for Mar. 7. The WSJ’s Becky Peterson reports the CEO’s alliance with Donald Trump is putting off some core buyers of electric vehicles. Plus, the U.S. threatens joint action with Israel against Hamas unless the group releases all hostages from Gaza. And Walgreens goes from $100 billion health giant to private-equity salvage project after striking a buyout deal. Luke Vargas hosts. Read Liz Essley Whyte and Kristina Peterson's behind-the-scenes look at RFK Jr.s first weeks as health secretary. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Stocks Tumble as Trump Delays Tariffs on Canada, Mexico
P.M. Edition for Mar. 6. Markets dipped and Nasdaq closed in correction territory. WSJ markets reporter Sam Goldfarb talks about what’s got investors on edge. Plus, demand for nuclear energy is growing, but as science reporter Eric Niiler tells us what to do about the U.S.'s’ radioactive waste is a persistent problem. And books reporter Jeffrey Trachtenberg joins to discuss why publishers of nonfiction books are increasingly skipping the paperback. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Earnings: Big Retailers Start to Worry
Bonus Episode for Mar. 6. When consumers feel uncertain about the economy, retailers tend to get nervous too. Big companies like Walmart, Target and Best Buy are trying to navigate uncertainties on tariffs along with shoppers still reeling from inflation. Retail reporter Sarah Nassauer analyzes the latest earnings results from some of the nation’s top retailers and explains why consumer behavior looks increasingly unpredictable this year. Chip Cutter hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Spurs European Race to Rearm
A.M. Edition for Mar. 6. EU leaders convene for emergency security talks, headlined by a German U-turn on fiscal prudence that could prompt a massive boost in defense spending. Plus, the Department of Veterans Affairs plans to cut as many as 70,000 workers. And French billionaire Bernard Arnault is one of the world’s richest men – with a family relationship with President Trump that spans decades. But can the LVMH boss spare his luxury-goods empire from looming U.S. tariffs? The WSJ’s Nick Kostov explains. Luke Vargas hosts. Check out our special series on how China’s trillion-dollar infrastructure plan is challenging the West. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Tariffs Test Allies’ Trust
P.M. Edition for Mar. 5. President Trump has granted some automakers an exemption from the 25% tariffs on goods from Mexico and Canada. WSJ senior markets columnist James Mackintosh says that no matter what happens with the tariffs, America’s closest allies will consider any future agreements to be temporary. Plus, the president wants to build a federal cryptocurrency reserve. Reporter Amrith Ramkumar tells us how that would actually work. And Greenland is full of mineral deposits. European security correspondent Sune Engel Rasmussen explains why those minerals are so hard to get. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Defends Tariffs, Budget Cuts in No-Apologies Address
A.M. Edition for Mar. 5. After a volatile day of trading as U.S. tariffs kicked in, President Trump previews further trade action while acknowledging his policies could trigger an "adjustment period." The WSJ's Brian Schwartz and Damian Paletta break down the speech. Plus, China sets a strong economic growth target and doubles down on home-grown AI. And WSJ AI Editor Ben Fritz shares how researchers hope to stop chatbots from “hallucinating.” Luke Vargas hosts. Check out WSJ’s special report, What's Ahead for AI. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets Rattled as U.S.Tariffs Go Into Effect
P.M. Edition for Mar. 4. Markets closed lower as investors reckoned with President Trump’s new tariffs on Mexico and Canada and those countries’ responses. Plus, WSJ economic policy reporter Gavin Bade explains why this could be only the first or second salvo of this trade war. And White House reporter Tarini Parti tells us what to watch for in President Trump’s address to Congress later this evening. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tariffs Thrust U.S. Economy Into Uncertain Waters
A.M. Edition for Mar. 4. WSJ finance editor Alex Frangos explains how investors are reckoning with President Trump’s tariffs on Mexico, Canada and China. Follow the latest market reaction. Plus, the U.S. pauses all military aid to Ukraine days after an acrimonious meeting between the countries’ leaders. And Walgreens nears a roughly $10 billion deal to go private. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tariffs on Canada and Mexico Go Into Effect at Midnight, Trump Says
P.M. Edition for Mar. 3. The president says there is “no room left” to negotiate the tariffs before they take effect at midnight. WSJ reporter Vipal Monga tells us how the new levies will affect the tightly integrated North American automotive supply chain. Plus, asset-backed securities caused the 2008 financial crisis; now, they are back. Journal deputy markets editor Justin Baer discusses what is different about them this time around. And do you think you can name the world’s biggest fast food chain? The answer might surprise you. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Can Europe Broker a Peace Plan for Ukraine?
A.M. Edition for Mar. 3. European leaders scramble to patch up differences between Kyiv and Washington following Friday’s public clash between Presidents Zelensky and Trump. The WSJ’s Laurence Norman reports that although British and French-led plans to put troops on the ground in Ukraine are attracting growing support, they still require buy-in from the U.S. Plus, consulting bosses scramble to defend billions of dollars in U.S. government contracts. And state legislatures resume their push to protect kids online, putting app-store operators on the defensive. Luke Vargas hosts. Check out our special series on how China’s trillion-dollar infrastructure plan is challenging the West. Learn more about your ad choices. Visit megaphone.fm/adchoices

China Reins In Its Infrastructure Strategy But Not Its Global Ambition
The early years of the Belt and Road Initiative left China with tens of billions of dollars in soured loans, making it a costly way of building global influence. Now Beijing is reworking its flagship infrastructure lending program to shield itself from financial risk and focus on projects that support its evolving ambitions, including securing critical supply chains for things like green-tech minerals and positioning itself as a leader that developing nations can unite behind. In the second episode of our three-part series, “Building Influence,” AidData’s Bradley Parks, SOAS University of London’s Steve Tsang and the WSJ’s Chun Han Wong discuss Belt and Road 2.0 and how even though China is reducing its spending, it is no less ambitious when it comes to pursuing Xi Jinping’s strategic goals. Kate Bullivant hosts. Further reading: China’s Belt and Road Plan Is Down, Not Out China Reins In Its Belt and Road Program, $1 Trillion Later China Is Starting to Act Like a Global Power Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Home Depot Delivers, Nvidia Wobbles
What drove gains at Home Depot in the past quarter? And what made investors nervous about Nvidia’s latest results? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Future Uncertain for Ukraine After Trump-Zelensky Meeting Implodes
P.M. Edition for Feb. 28. What started as a polite meeting between President Donald Trump and Ukrainian President Volodymyr Zelensky grew contentious and ended abruptly. WSJ national security correspondent Michael R. Gordon tells us what that means for both countries. Plus, Trump is expected to sign an executive order making English the official language of the U.S. We hear from WSJ White House reporter Meridith McGraw about what this means on a practical level. And reporter Drew FitzGerald discusses how venture-backed companies see an opening for contracts with the Pentagon. Finally, a new generation of instant coffee passes the snob test. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Negotiators Race to Extend Israel-Hamas Cease-Fire
A.M. Edition for Feb. 28. WSJ correspondent Summer Said reports that mediators are hoping to extend a Gaza cease-fire expiring this weekend, even as Hamas’s military wing prepares for a new fight. Plus, the FAA readies a hiring push to attract more U.S. air-traffic controllers. And, markets—and Trump’s team—struggle to keep up with a flurry of tariff activity from the president. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Student-Loan Borrowers Hit by Steep Drop in Credit Scores
P.M. Edition for Feb. 27. A pandemic-era freeze on federal student loans has been lifted, but many borrowers haven’t resumed their payments. WSJ personal finance reporter Oyin Adedoyin discusses why that has effects on individuals and the broader economy. Plus, a strong dollar complicates things for U.S. companies with global operations. Kristin Broughton, who covers corporate finance for the Journal, joins to talk about what companies are doing to stabilize their financial reporting. And the art of the beer sommelier—who wants to become a Master Cicerone? Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Microsoft Urges Trump to Loosen Export Rules on AI Chips
A.M. Edition for Feb. 27. Microsoft is pushing the Trump administration to ease proposed export curbs on a group of U.S. allies, warning they could turn to China to get the tech infrastructure they need. Plus, HSBC analyst Frank Lee breaks down Nvidia’s latest earnings. And the U.S. looks at importing eggs to control rocketing prices as the USDA forecasts costs could keep climbing through 2025. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why New AI Data Centers May Not Bring a Jobs Bonanza
P.M. Edition for Feb. 26. As new data centers to power artificial intelligence pop up across the U.S., tech leaders and politicians have promised a hiring bonanza. But as WSJ reporter Tom Dotan tells us, the number of jobs created in the long term is often more modest. Plus, President Trump’s proposed tariffs are driving a wedge through the aluminum industry. Journal manufacturing and metals reporter Bob Tita discusses who is for and against the new tariffs, and the impact they would have on the industry. Plus, reporter Katherine Clarke talks about the newest category of the ultra-rich: the superbillionaire. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inside the U.S.-Ukraine Mineral-Rights Deal
A.M. Edition for Feb. 26. WSJ foreign correspondent Ian Lovett explains how Washington and Kyiv bridged differences over security guarantees and future mineral revenues to strike an agreement Ukraine hopes can reset relations with President Trump. Plus, House Republicans pass a budget plan, overcoming disagreements on the size of proposed spending cuts. And investing columnist Spencer Jakab unpacks the widening gap between the expected returns of large U.S. growth stocks and cheaper alternatives abroad. Luke Vargas hosts. Sign up for the WSJ’s new Markets A.M. newsletter here—it’s free! Learn more about your ad choices. Visit megaphone.fm/adchoices

DOGE’s Next Target: Government Office Space
P.M. Edition for Feb. 25. Elon Musk’s Department of Government Efficiency is looking to end or consolidate nearly 100 leases for government agency offices. WSJ reporter Peter Grant discusses the impact on the recovering office market. Plus, thousands of employees on church retirement plans have lost some or all of their pension benefits. WSJ special writer Theo Francis explains how these plans sidestep federal oversight—and employees pay the price. And how a $25 gift card is tearing apart a community in the Hamptons. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Wants a Quick Ukraine Deal. Putin Has Other Ideas.
A.M. Edition for Feb. 25. The U.S. wins backing for a United Nations resolution that doesn’t blame Russia for the Ukraine war. And while President Trump says an agreement to halt the fighting could be reached within weeks, WSJ correspondent Tom Grove says Russia sees an advantage in drawing out negotiations. Plus, Tesla’s sales in Europe fall 45% in the first month of the year, with CEO Elon Musk’s political activism and a refresh of the Model Y among the factors likely at play. And the Trump administration hits Iran with fresh sanctions aimed at blockading its oil exports. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Economic Growth Relies on Rich Americans More Than Ever
P.M. Edition for Feb. 24. While many Americans pulled back their spending due to inflation, the top 10% of earners increased theirs. WSJ reporter Rachel Louise Ensign explains the impact that has on the broader economy. Plus, the Trump administration proposes a plan that would charge millions of dollars in port fees to Chinese shipping companies and Chinese-built vessels. We hear from WSJ senior reporter Costas Paris about the proposal’s impact, if enacted. And why are NFL teams having trouble finding a new quality quarterback? Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

German Vote Boosts Europe’s Centrists
A.M. Edition for Feb. 24. Markets signal relief after conservative Friedrich Merz’s victory. WSJ Berlin bureau chief Bertrand Benoit says Merz wants Europe to be more independent from the U.S. Plus, federal agencies push back on Elon Musk’s “What did you do last week?” email. And a bundle of Disney+, Hulu and Max seems to have a stronger hold on viewers than Netflix. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How China’s Trillion-Dollar Infrastructure Bet Undercuts U.S. Dominance
In great-power rivalries, it matters who's on your side. Twelve years since launching its Belt and Road infrastructure project, Beijing has funneled a trillion-plus dollars into projects in some 150 countries, literally planting its flag around the globe and acquiring a growing roster of economic and diplomatic partners in the process. In the first episode of our three-part series, “Building Influence,” the WSJ’s Gabriele Steinhauser and Lingling Wei, Boston University’s Kevin Gallagher and Stanford’s Eyck Freymann explain how the program has bolstered China’s economic security and given it a platform to cut deals that challenge Western-led norms and counterbalance U.S. influence. Luke Vargas hosts. Further Reading: China Shores Up Ties With Africa Despite Slowing Economy and Friction Over Debt How China Capitalized on U.S. Indifference in Latin America China’s Global Mega-Projects Are Falling Apart Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Intel Spikes, Walmart Slides, Bumble Fumbles
What drove Intel shares higher? And why did Walmart shares tumble after its earnings report? Plus, how do investors see online-dating company Bumble’s turnaround efforts? Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

DOJ’s UnitedHealth Investigation Sends U.S. Stocks Lower
P.M. Edition for Feb. 21. The Justice Department haslaunched a civil fraud investigation into UnitedHealth’s Medicare Advantage billing practices, sending its shares and broader U.S. stock indexes sliding. WSJ healthcare reporter Chistopher Weaver discusses what we know about the probe, its impact and where it could go next. Plus, the U.S. housing market logged another disappointing month in January. Reporter Nicole Friedman tells us what it would take to turn things around. And the Trump administration removes the acting director of ICE. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets Defy Predictions in Trump’s First Month
A.M. Edition for Feb. 21. WSJ finance editor Alex Frangos explains why expectations that President Trump’s policies would further strengthen the dollar haven’t panned out so far. Plus, Senate Democrats use a budget vote to make Republicans squirm. And WSJ housing reporter Rebecca Picciotto says we’re headed toward a landlord-friendly era… expect higher rents. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Listen: The Hardball Tactic Landlords Use to Tank Your Credit Score Learn more about your ad choices. Visit megaphone.fm/adchoices

Walmart Sales Warning Unsettles Investors
P.M. Edition for Feb. 20. Walmart reported bumper earnings from the fourth quarter, but offered a note of caution in its forecast of the year ahead, sending U.S. markets sliding. WSJ reporter Sarah Nassauer joins us to discuss what the company sees for the year ahead. Plus, the U.S. electrical grid is in need of an update, and President Trump’s tariffs could make that even more expensive. We hear from WSJ Heard on the Street columnist Jinjoo Lee about a potential chokepoint that could affect customers’ electric bills. And the Broccoli family resolves its dispute over the James Bond franchise and grants creative control to Amazon MGM Studios. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ukraine Tries to Salvage U.S. Ties
A.M. Edition for Feb. 20. President Trump’s feud with Ukrainian President Volodymyr Zelensky will make it difficult for Kyiv to salvage American support in its war against Russia, the WSJ’s James Marson says. Plus, Trump says he’s considering using part of the savings from Elon Musk’s cost-cutting drive to provide direct payments to Americans. And the WSJ’s Ben Katz explains how a new jet from Airbus is winning over customers in a segment Boeing used to dominate. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Further reading: DOGE Is Searching for Wasteful Spending. It Isn’t Hard to Find. Learn more about your ad choices. Visit megaphone.fm/adchoices

Automakers Are Scrambling Ahead of Trump’s Tariffs
P.M. Edition for Feb. 19. Overseas automakers were counting on the U.S. market to keep their business humming; now, proposed tariffs could threaten it. WSJ European autos reporter Stephen Wilmot joins to talk about how car companies are preparing. Plus, startup data company Crunchbase is launching an AI-powered prediction tool. Belle Lin, who covers AI and enterprise technology for WSJ, talks about what could make that useful to investors. And President Trump trades barbs with Ukrainian President Volodymyr Zelensky. Alex Ossola hosts. Listen to “The Unraveling of Trevor Milton” on the Bad Bets podcast. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Earnings: Oil Companies See Mixed Fortunes Under Trump
Bonus Episode for Feb. 19. President Trump wants to slash regulations to help big energy companies. But he also wants to see the price of crude oil fall, an unwelcome prospect for companies such as Exxon and Chevron. In their latest quarterly earnings reports oil giants watched their annual profits dip as a result of anemic natural-gas prices and slimmer margins in their refining operations. Now, many are trying to prepare for far less favorable market conditions and more strategy shifts ahead. Chip Cutter hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Weighs 25% Tariffs on Cars, Chips, Pharmaceuticals
A.M. Edition for Feb. 19. The president says levies could go even higher over time but suggests countries could negotiate for lower tariffs. Plus, Brazil’s former President Jair Bolsonaro is charged with plotting a failed coup. And with the Trump administration turning up the pressure on Beijing, WSJ correspondent Brian Spegele details China’s race to become more self-sufficient. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What the ‘Wall Street of Eggs’ Means for Your Grocery Bill
P.M. Edition for Feb. 18. The Egg Clearinghouse connects large-volume buyers with sellers. WSJ agriculture reporter Patrick Thomas explains why it has a crucial role at a time when avian flu is limiting supplies. Plus, Coke and Pepsi are getting into the growing market for prebiotic sodas. WSJ beverage reporter Laura Cooper joins to discuss the companies’ plans. And the U.S. and Russia begin a formal process of negotiating the end of the war in Ukraine. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The U.S. Sits Down With Russia
A.M. Edition for Feb. 18. The Trump administration tries to reset relations with Moscow and lay the groundwork for an agreement to end the Ukraine war. WSJ correspondent Michael R. Gordon dials in from Riyadh, where the talks are under way. Plus, a Delta Air Lines regional jet crashes and flips over while landing in Toronto, but all passengers and crew survive. And WSJ’s Take On the Week looks at what’s behind Walmart’s winning retail strategy. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Wants to Abolish the Education Department. What Comes Next?
President Trump has repeatedly said he wants to eliminate the federal Department of Education. Last week his nominee to lead the department, Linda McMahon, was grilled by senators about the plan at her confirmation hearing. WSJ education reporter Matt Barnum and national political reporter Ken Thomas discuss how Trump might follow through on his plan, the legal and political hurdles it could face, and what the impact would be on states and schools. Alex Ossola hosts. Further Reading: New Restraints at Education Department Jam Civil Rights Enforcement Trump Wants to End the Education Department. Here’s What That Means. Trump Advisers Weigh Plan to Dismantle Education Department Trump Says Musk’s DOGE Will Investigate Education Department, Pentagon American Kids Are Getting Even Worse at Reading, Test Scores Show Linda McMahon: Education Department Can’t Shut Down Without Congress Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Tariff Trade, Robinhood’s Crypto Gains, Unilever Slides
How is Coca-Cola dealing with aluminum tariffs? And how are crypto’s gains benefiting Robinhood? Plus, why Unilever shares dropped. Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

DOGE Sets Its Sights on the Military
P.M. Edition for Feb. 14. The Department of Government Efficiency has taken on a number of government agencies recently, but none with a budget as vast and complex as the Defense Department. WSJ national security correspondent Nancy Youssef joins us to talk about how the Pentagon is preparing for a visit from DOGE. Plus, another star prosecutor steps down over the Justice Department’s directive to drop the case against New York City Mayor Eric Adams. And WSJ travel reporter Jacob Passy tells us about a quaint state that’s surprisingly becoming one of the hottest aviation markets in the U.S. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Vance Threatens Military Action to Push Russia on Ukraine Deal
A.M. Edition for Feb. 14. Vice President JD Vance tells the Journal that the U.S. could send troops to Ukraine if Moscow fails to negotiate to end the war there in good faith. But President Trump’s decision to hold direct talks with Russia is a win for President Vladimir Putin, and WSJ reporter Matthew Luxmoore says the Kremlin leader is in a position to play the long game. Plus, more than 200,000 federal workers become the focus of a new round of Trump administration layoffs. And TikTok returns to the Apple and Google mobile-app stores in the U.S. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

RFK Jr. Is Confirmed as Health Secretary
P.M. Edition for Feb. 13. Senators voted to confirm vaccine critic Robert F. Kennedy Jr. as Health and Human Services secretary. WSJ reporter Liz Essley Whyte tells us how Kennedy overcame senators’ skepticism to win their votes. Plus, voters’ frustration with inflation helped Donald Trump win the White House; WSJ chief economics commentator Greg Ip joins us to talk about why getting rid of inflation might now be a challenge for the president. And President Trump signs a memo ordering federal agencies to study reciprocal tariffs. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Shakes Up Gaza Diplomacy
A.M. Edition for Feb. 13. WSJ correspondent Summer Said says President Trump’s plan to take over Gaza and relocate Palestinians is prompting Arab states to set aside old political concerns and race to find an alternative–and putting pressure on an already fragile cease-fire. Plus, a judge lifts the freeze on a buyout offer for federal workers. And Elon Musk says he’ll withdraw his bid to control OpenAI if the board stops its conversion to a for-profit company. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Says Putin Agrees to Talks to End Ukraine War
P.M. Edition for Feb. 12. President Trump says he and Russian leader Vladimir Putin have agreed to open immediate talks to end the war in Ukraine. WSJ national security correspondent Nancy Youssef discusses what we know about the shifting U.S. stance. Plus, inflation in January was higher than anticipated. We hear from Heard on the Street writer and WSJ’s Take On the Week co-host Telis Demos about what that could mean for the Federal Reserve. And House Republicans present their blueprint for a budget bill. Alex Ossola hosts. Follow the president’s activities with our Trump Tracker. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Cash Cows Are Wall Street’s New Darlings
A.M. Edition for Feb. 12. WSJ columnist Spencer Jakab says a new twist on value investing is turning attention to companies returning gobs of cash to shareholders. But does that mean growth is dead? Plus, Elon Musk defends his government cost-cutting drive as President Trump hands DOGE more authority. And the WSJ’s Jason Douglas explains which countries are likely to bear the brunt of reciprocal tariffs promised by the president. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Powell Says Fed in No Rush to Cut Interest Rates
P.M. Edition for Feb. 11. Federal Reserve Chair Jerome Powell was in front of Congress today outlining a path for 2025, the day before the release of important inflation data. WSJ economics reporter Matt Grossman explains what the data could mean for the Fed. Plus, Israeli Prime Minister Benjamin Netanyahu warns that Hamas must release hostages by noon Saturday, or face a return to war. And, experts want more people to know about the risk between alcohol and cancer. WSJ Your Health columnist Sumathi Reddy tells us what to know. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Altman Pushes Back on Musk’s OpenAI Bid
A.M. Edition for Feb. 11. The EU pledges $200 billion in AI spending to try and catch up with the U.S. and China in the race to develop the most complex AI models. WSJ tech reporter Sam Schechner, attending an AI summit in Paris, says world leaders are vying for a piece of the AI boom to boost their economies. Plus, OpenAI CEO Sam Altman rejects advances from a group of investors led by Elon Musk. And New York City Mayor Eric Adams scores a legal reprieve as the Justice Department orders an end to his bribery case. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Correction: Former Illinois Governor Rod Blagojevich is a Democrat. An earlier version of this podcast incorrectly said he was a Republican. (Corrected on Feb. 11) Learn more about your ad choices. Visit megaphone.fm/adchoices

Meet Elon Musk’s Right-Hand Man Cutting Costs at DOGE
P.M. Edition for Feb. 10. After Elon Musk took over Twitter, one of his deputies, Steve Davis, adopted a move-fast-and-break-things approach to make the company more efficient. WSJ White House economics reporter Brian Schwartz tells us how Davis, now working at Musk’s Department of Government Efficiency, could use the same playbook for the federal government. Plus, Musk is leading an effort to buy ChatGPT maker OpenAI. And President Trump’s promise of mass deportations is causing immigrants to spend less. We hear from the Journal’s senior special writer Ruth Simon about who is feeling the impact. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Presses Ahead With More Tariffs
A.M. Edition for Feb. 10. The U.S. is imposing 25% levies on steel and aluminum imports today, with further trade announcements expected in the coming days, but the market’s reaction is muted. Plus, France attempts to rival Stargate with plans to use nuclear energy to power a huge AI project. And WSJ reporter Jack Pitcher explains how speculative meme-coin funds pegged to assets linked to President Trump look set to test the boundaries of U.S. financial regulators. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Things Are Heating Up in the Arctic: Why Trump Wants to Get Greenland
President Trump has repeatedly said he wants to buy Greenland for economic and national security reasons. WSJ reporter Max Colchester tells us how realistic that goal is and how citizens of that self-ruling part of Denmark feel about it. And WSJ reporter Thomas Grove explains the significance of Greenland as Arctic ice melts and geopolitical heat turns up in the region. Alex Ossola hosts. Further Reading Why Trump Wants Greenland Donald Trump Jr. Visited Greenland. Then Things Got Weird. Why Getting Greenland’s Mineral Riches Won’t Be Easy The Steps Trump Would Need to Take to Actually Buy Greenland See How Russia Is Winning the Race to Dominate the Arctic Trump’s Arctic Goals Demand Icebreakers, but U.S. Struggles to Build Them Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Tariff Worries, Amazon’s AI Bet, Mattel Climbs
Which companies dropped on concerns about tariffs? And why did Amazon’s forecast worry investors? Plus, what drove gains in Barbie maker Mattel’s shares? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chinese Biotech Is Having A DeepSeek Moment
P.M. Edition for Feb. 7. China’s biotech industry is creating new drugs more cheaply and quickly than its U.S. counterparts. WSJ Heard on the Street columnist David Wainer tells us what’s behind the sector’s rise. Plus, new data show the U.S. economy added fewer jobs than expected in January. We hear from WSJ finance news editor Christina Rexrode about what this mixed report means about the health of the economy. And a survey suggests that American consumers are less optimistic about the economy than they were before Trump took office. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Earnings: Insurers Confront a Riskier Future
Bonus Episode for Feb. 7. California’s wildfires caused an estimated $30 billion or more in losses to insurers. The state’s insurance landscape is in a state of chaos, but the broader industry is faring better. Telis Demos, co-host of WSJ’s Take On the Week and a writer for Heard on the Street, breaks down what’s happening across the industry and explains why the impact of the catastrophe on insurance companies such as Allstate, Travelers and Chubb could depend on reinsurers like the Everest Group. Chip Cutter hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Big Tech Commits to Massive AI Outlays
A.M. Edition for Feb. 7. Amazon becomes the latest major tech company to double down on AI investments, even as the emergence of China’s DeepSeek leaves investors questioning the wisdom of that spending spree. Plus, the WSJ’s Vera Bergengruen recaps Secretary of State Marco Rubio’s five-country tour through Latin America and the Caribbean, which mixed dealmaking and diplomatic ruptures. And a look at the long-shot wagers behind a potential record-setting Super Bowl Sunday for sports-betting. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Panama’s President Denies Granting Free Passage to American Ships
P.M. Edition for Feb. 6. Panamanian President José Raúl Mulino said that a U.S. State Department claim that American ships could use the Panama Canal for free was “lies and falsehoods.” Plus, at a moment when many companies and organizations are rolling back their diversity efforts, the National Football League is standing by its initiatives. WSJ reporter Andrew Beaton explains why the NFL isn’t being swayed by changing political winds. And a federal judge extends the deadline by which federal workers can accept government buyouts. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Federal Workers Hesitate to Take Buyout
A.M. Edition for Feb. 6. Uncertainty surrounding a buyout deal for U.S. federal workers is deterring many from accepting it, putting the Trump administration at risk of missing a target to trim the government via voluntary measures. Plus, the WSJ’s Lauren Thomas reports that Honeywell, one of America’s last big industrial conglomerates, is preparing a three-way split of its business. And lawmakers push to ban DeepSeek from U.S. government devices over security concerns. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

DOGE Aides Look Into Medicare Agency Payment Systems
P.M. Edition for Feb. 5. Representatives from Elon Musk’s Department of Government Efficiency have been reviewing data at the Centers for Medicare and Medicaid Services. WSJ reporter Anna Wilde Mathews tells us what we know about the kind of data they’re looking at, and why. Plus, President Trump signs an executive order banning transgender girls and women from participating in school and college sports. We hear from WSJ White House correspondent Natalie Andrews about the impact of the order. And Google announces a rollback of its diversity hiring targets. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Calls for U.S. Takeover of Gaza
A.M. Edition for Feb. 5. President Trump calls for the U.S. to take long-term control of Gaza and for millions of Palestinians to be permanently relocated. WSJ editor Shayndi Raice walks us through the many unanswered questions surrounding this major policy break and how it's being received. Plus, the U.S. Postal Service suspends shipments of parcels from China. And Nissan is set to reject Honda’s terms for a merger of the two automakers. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

House Republicans Are Split on How Much to Cut Government Spending
P.M. Edition for Feb. 4. While some Republican members of the House want to make deep cuts to government spending, others are more hesitant. U.S. tax policy reporter Richard Rubin explains why it is crucial for Republicans to reach a consensus. Plus, new data from the Labor Department show that fewer Americans are quitting their jobs. WSJ economics reporter Matt Grossman tells us why. And the U.S. sends its first flight of migrants to Guantanamo Bay. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Beijing Retaliates Against Trump Tariffs
A.M. Edition for Feb. 4. China hits back with levies on some American imports and an antitrust investigation into Google. WSJ columnist James Mackintosh explains what the past day’s stock-market swings tell us about how investors are weighing President Trump’s moves. Plus, Trump administration officials discuss executive actions to dismantle the Education Department. And El Salvador offers to take U.S. deportees of any nationality. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump Agrees to Delay U.S. Tariffs on Mexico and Canada
P.M. Edition for Feb. 3. President Trump has stunned corporate leaders and foreign officials by agreeing to last-minute, monthlong delays of his tariffs on Mexico and Canada. Plus, after a push from Elon Musk and the Department of Government Efficiency, the Trump administration closed the headquarters of USAID. WSJ national security reporter Alexander Ward discusses how this might provide a template for the way DOGE could approach other government agencies as it tries to cut spending. And a new study reveals the impact of the tidal wave of cheap Chinese goods on U.S. manufacturing towns. Journal economics reporter Justin Lahart breaks down the findings. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Goes Big With First Tariffs
A.M. Edition for Feb. 3. WSJ trade reporter Gavin Bade explains how President Trump settled on 25% levies on imports from Canada and Mexico, and how those two countries are responding to that opening salvo in what could become a continental trade war. Plus, WSJ finance editor Alex Frangos analyzes the market reaction to those tariffs, as well as an additional 10% levy on China. And the Trump administration issues an ultimatum on the Panama Canal during a visit to the country by Secretary of State Marco Rubio. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What Trump’s War on DEI Means for Business
A blitz of executive orders from President Trump promises to do more than rid the government of diversity, inclusion and equity policies. WSJ workplace and employment reporter Lauren Weber and career and work life columnist Callum Borchers explain how the president’s moves to stamp out DEI efforts are starting to ripple across Corporate America, and what those changes mean for workers. Luke Vargas hosts. Further Reading: How Trump’s Assault on DEI Will Ripple Across Corporate America You Blamed DEI for Hurting Your Career. Now What? Anti-DEI Activists Target Goldman Sachs and JPMorgan Chase Trump’s War on DEI Freezes Diversity Work Across Federal Government Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: AI Bloodbath, Trump and Schwab, UPS Doesn’t Deliver
What do investors make of President Trump’s social-media company Trump Media turning toward finance? And how well did markets survive DeepSeek’s AI shock? Plus, why UPS is pulling away from Amazon. Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.Sign up for the WSJ's free Markets A.M. newsletter.Further Reading: Chip Stocks Tumble After China’s DeepSeek AI Models Raise Doubts Over U.S. Tech Dominance Trump Media Announces New Push Into Finance to Support the ‘Patriot Economy’ UPS Stock Plunges on Plan to Halve Amazon Deliveries Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump’s Tariffs on Canada, Mexico and China to Go Into Effect Saturday
P.M. Edition for Jan. 31. The White House said that tariffs against Canada, Mexico and China will go into effect on Saturday. WSJ trade and economic policy reporter Gavin Bade tells us what the impact could be. Plus, weak loan growth is a worry, particularly for regional banks. We hear from WSJ Heard on the Street writer Telis Demos about what that could mean for their business. And we’ve got the latest on the deadly aircraft collision in Washington, D.C. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Pilots Warned About Packed D.C. Airspace for Years
A.M. Edition for Jan. 31. Officials investigating Wednesday’s deadly aviation disaster near Washington, D.C. recover the “black boxes” from the American Airlines jet involved in the crash. WSJ aviation reporter Ben Katz says crisscrossing flight paths and near misses around Reagan National Airport had been on pilots’ radars for years. Plus, White House aides prepare more targeted trade measures against Canada and Mexico as President Trump’s tariff deadline looms. And the FDA approves a new painkiller meant to eliminate the risk of addiction. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Blames D.C. Plane Crash on DEI, Without Citing Evidence
P.M. Edition for Jan. 30. No survivors have been found in a midair collision of a plane and a military helicopter last night outside Washington, D.C. Plus, new data show that the U.S. economy grew more slowly last year than the year before. We hear from WSJ economics correspondent Harriet Torry about what that means for the economy in 2025. And investors that up until recently shied away from office space seem to be coming back. Journal reporter Peter Grant explains why. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

American Airlines Jet Collides With Army Helicopter in D.C.
A.M. Edition for Jan. 30. Authorities say many are feared dead after a commercial plane carrying 64 people collides mid-air with a military helicopter with three troops on board near Washington’s Reagan Airport. Plus, the Trump administration pushes federal agencies to find more DEI workers to ax. And WSJ columnist Dan Gallagher says investors are looking for answers on how Silicon Valley’s spending will help tech giants respond to DeepSeek in a big week for tech earnings. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump’s Shock-and-Awe Crackdown Sows Fear Among Migrants
P.M. Edition for Jan. 29. As President Trump’s immigration directives clear the path to step up deportations, his PR campaign may be just as effective. WSJ reporter Michelle Hackman talks about the impact that’s already having on immigrants. Plus, Trump announces a plan to hold tens of thousands of deported migrants in Guantanamo Bay. And the Federal Reserve holds interest rates steady for now. WSJ global editor for Heard on the Street Spencer Jakab joins to discuss the Fed’s new wait-and-see approach. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump’s Federal-Aid Freeze Blocked
A.M. Edition for Jan. 29. After a chaotic day for government officials nationwide, a judge temporarily blocks a White House directive to pause potentially trillions of dollars in federal assistance. Plus, federal workers are given a choice: return to the office or resign and get paid for the next eight months. And with interest rates near record highs, Americans are carrying larger credit-card balances month-to-month. We ask the WSJ’s Angel Au-Yeung what this tells us about the health of the U.S. consumer. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

DeepSeek’s Breakthrough Pushes AI Up on Trump’s To-Do List
P.M. Edition for Jan. 28. Now that Chinese company DeepSeek has made a sophisticated—and cheaper—artificial-intelligence model, American tech companies want clarity on what the Trump administration will do about AI. Amrith Ramkumar, who covers tech policy for WSJ, discusses what President Trump might do. Plus, WSJ deputy bureau chief for autos Mike Colias discusses GM’s plans to soften the blow of potential U.S. tariffs on Mexico and Canada. And Panamanian officials meet with their U.S. counterparts to defuse tensions with the Trump administration over the Panama Canal. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How DeepSeek Caught Up in the AI Race
A.M. Edition for Jan. 28. Markets stabilize after yesterday’s selloff, even as the interest continues to swirl over how a made-in-China AI model managed to give Silicon Valley a run for its money. WSJ reporter Stu Woo explains how DeepSeek found a way to operate faster and more cheaply than its competitors. Plus, the Senate approves investor Scott Bessent as Treasury Secretary, as he prepares to oversee President Trump’s tax and tariff plans. And the Trump Administration ramps up its deportation efforts. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tech Stocks Tumble Sparked by China’s DeepSeek
P.M. Edition for Jan. 27. Some $1 trillion was erased from the U.S. stock market today as investors reacted to a cheaper, high-performing AI model from Chinese company DeepSeek. WSJ reporter Asa Fitch tells us what’s unique about the company and its technology. Plus, Journal markets reporter David Uberti joins to discuss what this might mean for tech stocks in the long run. And a top prosecutor opens a review of the Justice Department’s decision to charge Jan. 6 rioters. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump's Plan to ‘Clean Out’ Gaza Rejected by Egypt, Jordan
A.M. Edition for Jan. 27. President Donald Trump proposes that Palestinians vacate the Gaza Strip in a dramatic shift in American policy. WSJ Deputy Middle East Bureau Chief Shayndi Raice explains why the idea is unlikely to go away, despite it being met with strong initial pushback. Plus, the U.S. and Colombia negotiate an end to a weekend tariff standoff. And an advanced made-in-China AI model developed by the company DeepSeek surprises Silicon Valley and spurs a global tech selloff. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How Trump’s Busy First Week Sets the Stage for His Agenda
After being sworn in on Monday, President Trump hit the ground running with a flurry of executive orders on immigration, taxes, oil production and other priorities, and bold statements on tariffs to international trade partners. The Wall Street Journal’s Washington bureau chief Damian Paletta joins us to talk about what the president’s actions tell us about his priorities, and how legal challenges and popular support might affect how he tackles them in the future. Alex Ossola hosts.Further Reading: What Trump Can—and Can’t—Do on Day One A List of Trump’s Key Executive Orders—So Far Trump Gives Gun, Drug Agents Deportation Power Trump Says Aiming to Place 25% Tariffs on Canada, Mexico on Feb. 1 Trudeau Promises ‘Robust’ Response After Trump’s Tariff Pledge Trump Executive Orders Target Biden’s Climate Executive Orders Five Things to Know About Trump’s Energy Orders Trump Pushes Back on Global Tax Deal Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Netflix’s Blockbuster Quarter, Oracle Gains, GE Aerospace Jumps
What drove Netflix’s blockbuster quarter? And why is a planned AI infrastructure project boosting Oracle? Plus, why did jet maker GE Aerospace’s shares take off? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Luxury Real Estate Is Booming in D.C. as Wealthy Try to Get Close to Trump
P.M. Edition for Jan. 24. Wealthy political appointees, new members of Congress and business leaders with a need to be in Washington, D.C. are scooping up multimillion dollar properties, reporter E.B. Solomont tells us. Plus, as he visits the site of hurricane destruction in North Carolina, President Trump says he will sign an order to overhaul or eliminate FEMA. And U.S. home sales hit their lowest level since 1995. WSJ real estate bureau chief Craig Karmin explains what’s going on, and what it will take to turn the market around. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Lowers the Temperature on China. What Next?
A.M. Edition for Jan. 24. With Donald Trump deferring the threat of tariffs and promoting diplomacy, we ask the WSJ’s Chun Han Wong how the U.S.-China relationship might play out. Plus, the gears of government slow to a halt after major federal initiatives across Washington get axed. And two Republican senators oppose Pete Hegseth’s nomination for Pentagon chief, setting the stage for a close confirmation vote. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Costco Is Holding Onto Its Diversity Initiatives
P.M. Edition for Jan. 23. Many companies and government agencies are facing pressure to roll back their efforts at diversity, equity and inclusion, but Costco is working to keep them. WSJ reporter Sarah Nassauer explains why the company is urging shareholders to strike down a proposal to reject them. Plus, President Trump pushes his “America First” policies in an address to the World Economic Forum. And software firm MicroStrategy is making a big bet on bitcoin. We hear from WSJ reporter Vicky Ge Huang about the surprising group of investors backing it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Davos, U.S. Optimism Meets European Gloom
A.M. Edition for Jan. 23. WSJ Deputy Editor in Chief Charles Forelle says bankers, government officials and CEOs at the World Economic Forum see President Trump’s deregulatory, energy and tariff policies drawing more investment to the U.S.–and hurting other regions. Plus, the Trump administration gives more federal agents deportation powers to help expedite mass deportations. And tens of thousands flee as new fires erupt in the Los Angeles area. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How Corporate Leaders Are Coping With Trump’s Order Blitz
P.M. Edition for Jan. 22. Business leaders are scrambling to prepare as President Trump’s executive orders bring changes to everything from immigration to energy policy. WSJ reporter Chip Cutter joins to discuss how CEOs are making sense of the changes for their companies and clients. Plus, Elon Musk casts doubt on Trump’s big project to build out artificial-intelligence infrastructure. And WSJ reporter Cameron McWhirter takes us on the ground in Altadena, where a historic community of Black homeowners looks to rebuild after the devastating Los Angeles wildfires. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Earnings: Bankers’ Glee Is Tempered With Uncertainty
Bonus Episode for Jan. 22. Big banks’ unofficial kickoff to earnings season gives us insights into consumer borrowing, investors’ trading habits, the M&A picture and the economy as a whole. Wall Street Journal banking reporter Alexander Saeedy discusses what stood out in bumper reports from JPMorgan, Goldman Sachs, Morgan Stanley and Bank of America, and what bankers see on the horizon. Chip Cutter hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tech Leaders Promise Massive AI Investment Under Trump
A.M. Edition for Jan. 22. Prominent tech executives, including OpenAI’s Sam Altman and SoftBank CEO Masayoshi Son, pledge to spend up to half a trillion dollars to build out AI infrastructure in the U.S. over the next four years. Plus, WSJ reporter Marcus Walker joins us from Israel to discuss whether the Gaza cease-fire could pave the way for lasting peace. And Delta comes out on top in the latest WSJ ranking of U.S. airlines. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Is Considering Selling Most of the Federal Government’s Real Estate
P.M. Edition for Jan. 21. The Trump administration is considering selling most of the offices maintained by a federal agency known as the General Services Administration. WSJ real estate reporter Deborah Acosta joins to discuss what the impact might be. Plus, more than a dozen attorneys general sue to stop President Trump’s executive order to end birthright citizenship. And after a difficult few years, some Hollywood workers are being pushed out of the industry due to the wildfires in Los Angeles. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Returns With Executive Orders and Pardons
A.M. Edition for Jan. 21. WSJ reporter Gavin Bade breaks down the dozens of executive orders Donald Trump signed on his return to the Oval Office, targeting immigration, energy and government reform. Plus, the president is giving TikTok 75 days to work out a deal to prevent a nationwide ban, as China signals it might be open to a sale or 50-50 joint venture with the U.S. And investors react to early clues about the new administration’s priorities, sending oil lower and the Mexican peso and Canadian dollar down against the USD. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump’s Got a Friendly Congress. What Does that Mean for His Agenda?
Donald Trump takes office this week with slim Republican majorities in both the House and Senate. What might we see from Congress once the President-elect begins his term? WSJ congressional reporter Siobhan Hughes discusses the dynamic between Trump and lawmakers as well as what that means for the incoming President’s agenda. Alex Ossola hosts. Further Reading Debt-Ceiling Fight Has New X Factor: Trump Why the Trumpiest Congress Ever May Not Deliver His Agenda Mike Johnson Wins Speaker Vote After Trump Twists Arms Johnson Wins Speaker Battle, but Proves GOP Has Little Room for Error House and Senate Split on How to Deliver for Trump Republicans Lean Toward ‘One Big, Beautiful Bill’ for Trump Agenda Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Banking Boom, Macy’s Troubles, Drugmakers Slide
What’s driving big banks’ profit gains? And what was the result of the holiday season at Macy’s? Plus, what drove drops in some drugmakers’ shares? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ Poll: Voters Want MAGA Lite From Trump
P.M. Edition for Jan. 17. WSJ reporter and editor Aaron Zitner discusses a new Wall Street Journal poll showing where voters stand on President-elect Donald Trump’s agenda shortly before he takes office. And the U.S. Supreme Court rules that a law that would ban TikTok can stay in effect. We hear from Wall Street Journal Supreme Court correspondent Jess Bravin about what that means for the app’s possible future. And Israel’s security cabinet approves the cease-fire deal that would pause fighting in Gaza. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How Will China Deal With Trump 2.0?
A.M. Edition for Jan. 17. A barrage of stimulus helps China hit its growth target, but with Donald Trump about to take office, the economic outlook is darkening. The WSJ’s Jason Douglas explains how Beijing is preparing to deal with higher U.S. tariffs—and how a trade war could play out. Plus, Donald Trump tells lawmakers he’s ready to bypass Congress to implement his border and trade policies. And the Gaza cease-fire deal appears to get back on track. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fraudsters Stole Billions in Jobless Benefits. They Might Get Away With It
P.M. Edition for Jan. 16. Fraudsters stole billions via government jobless claims during the pandemic. WSJ U.S. economy reporter Paul Kiernan tells us why time is running out to prosecute them. And, TikTok’s CEO plans to attend Donald Trump’s inauguration, news that comes days before a ban of the popular video app is set to go into effect. And WSJ health reporter Brianna Abbott talks about a new report that says young women in the U.S. are more at risk for cancer than men. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

After the Fires, L.A. Homeowners Face Housing Crunch
A.M. Edition for Jan. 16. As Los Angeles residents survey the destruction from the wildfires, the WSJ’s Rebecca Picciotto says many wonder if rebuilding is an option. Plus, Israel and Hamas quarrel over the details of the Gaza cease-fire, while medical teams prepare to help hostages who have spent more than a year in captivity. And Jeff Bezos’ space ambitions take flight as Blue Origin’s new rocket blasts off. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

After 15 Months of War, a Window Opens for Peace in Gaza
P.M. Edition for Jan. 15. Israel and Hamas have reached a cease-fire agreement in Gaza. WSJ national security reporter Alex Ward explains what the deal entails and how it could lead to a permanent end to the war. Plus, the latest data from the Labor Department shows that U.S. inflation was up last month. U.S. economy reporter Paul Kiernan discusses what that could mean for the Federal Reserve’s next meeting. And big banks had a stellar fourth quarter. Reporter Alexander Saeedy explains why. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

SEC Escalates Feud With Elon Musk
A.M. Edition for Jan. 15. The Securities and Exchange Commission sues the billionaire, alleging he misled shareholders about his Twitter stock purchases in the lead up to his takeover of the platform. Plus, after a long standoff, South Korean investigators arrest impeached President Yoon Suk Yeol over a short-lived declaration of martial law. And the WSJ’s Carrie Keller-Lynn explains how Israel’s tech sector has raked in more investment despite uncertainty from the war in the Middle East. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Senators Press Hegseth in Tense Confirmation Hearing
P.M. Edition for Jan. 14. Pete Hegseth, President-elect Donald Trump’s pick for defense secretary, faced questions over his past behavior and qualifications to lead the Pentagon. WSJ national security reporter Nancy Youssef gives us her read of the room, and what the hearing signals about Trump’s other cabinet picks. And in his first days in office, Trump plans to sign executive orders that would boost the U.S. fossil fuel industry. Plus, though the labor market appears strong, power is shifting from employees to employers. WSJ economics reporter Konrad Putzier tells us the more subtle ways that companies are flexing that power today. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Beijing Discusses TikTok Sale to Musk
A.M. Edition for Jan. 14. With a U.S. ban on TikTok looming, Chinese officials internally weigh the option of allowing Elon Musk to invest in or take control of the app’s U.S. operations. Plus, special counsel Jack Smith says Donald Trump would have been convicted over his efforts to overturn the 2020 election had prosecutors not been forced to drop the case. WSJ reporter Sadie Gurman unpacks his newly released report. And Israel and Hamas are finalizing a Gaza cease-fire deal. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Goldman Sachs Is Betting on Financing
P.M. Edition for Jan. 13. Goldman Sachs restructures itself aiming to be one of the biggest players in the increasingly competitive world of financing. Reporter AnnaMaria Andriotis explains what the shift means for the bank’s business. And the Federal Trade Commission plans to sue the U.S.’s biggest landlord over hidden fees. Plus, reporter Belle Lin talks about the new term companies are using to justify the cost of investing in artificial intelligence. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bond Selloff Raises the Stakes for Earnings Season
A.M. Edition for Jan. 13. WSJ editor Alex Frangos explains why government-bond yields are surging around the world, and how this makes corporate earnings growth even more critical. Plus, resurgent winds in Los Angeles pose fresh challenges for firefighters. And WSJ autos reporter Christopher Otts tells us about his visit to one of the EV “battery belt” towns whose fortunes could turn if Donald Trump pulls federal funding. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How the U.S. Job Market Could Change in 2025
What are the macro trends moving the U.S. labor market and how might that translate into your ability to find a new job? From the incoming Trump administration’s tariff and immigration plans to the adoption of AI, WSJ workplace and employment reporter Lauren Weber and logistics and supply chain reporter Paul Berger discuss what’s driving changes in the labor market, and how companies are planning for the future. Luke Vargas hosts. Further Reading The American Worker Is Becoming More Productive America’s Role Reversal: Working-Class Blacks Make Gains While Whites Fall Back What Trump’s Immigration Plans Mean for American Job Growth Help Wanted: U.S. Factories Seek Workers for the Nearshoring Boom Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: FuboTV Scores, Vaccine Bets, Insurers Stumble
What drove FuboTV’s gains? And how are bird-flu worries affecting vaccine makers? Plus, why did insurance shares drop? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A Defiant Trump Is Sentenced in Hush-Money Case
P.M. Edition for Jan. 10. Donald Trump has become the first former U.S. president to be sentenced for a crime—in this case, falsifying business records. WSJ courts reporter Corinne Ramey weighs in on why this sentence matters. And a strong jobs report is good news about the health of the economy, but sends stocks trending downward. Reporter Paul Kiernan lays out what this could mean for the Federal Reserve’s next steps. And why this weekend could be critical for the effort to contain the wildfires around Los Angeles. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

L.A. Utility Lacked Common Wildfire Safety Measures
A.M. Edition for Jan. 10. As investigators look for the cause of deadly wildfires around Los Angeles, regulatory filings show one of city’s municipal utilities didn’t proactively shut off power in areas ravaged by blazes – a practice turned to by other utilities when fire risk is high. Plus, what to expect as the TikTok ban heads to the Supreme Court. And WSJ reporter José de Córdoba explains how the prospect of U.S. military strikes on Mexican drug cartels in Donald Trump’s second term are rattling the country’s political circles. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Economic Toll of the Los Angeles Fires
P.M. Edition for Jan. 9. As wildfires continue to rage around Los Angeles, experts are starting to get a sense of their staggering toll. WSJ reporter Jean Eaglesham talks about how homeowners insurance could change in a state ravaged by fire. And five presidents were among the leaders honoring former President Jimmy Carter at his funeral today. WSJ reporter and editor Aaron Zitner reflects on differences between Carter’s political moment and today. Plus, after a recent terrorism attack, tourist-dependent New Orleans is working to make visitors feel safe. WSJ travel reporter Allison Pohle says it’s following Las Vegas’s lead. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

L.A. Wildfires Rage Almost Unchecked
A.M. Edition for Jan. 9. WSJ editor Ben Fritz joins us from Los Angeles with the latest on a series of blazes that have many residents feeling like the city is “teetering on the brink of destruction.” Plus, dockworkers and port employers reach a labor deal that could avert potentially costly strikes. And Blackstone makes its latest bet on AI with a $300 million investment in DDN. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wildfires Intensify Around Los Angeles
P.M. Edition for Jan. 8. Two people are dead and thousands ordered to evacuate as multiple blazes in Los Angeles County push firefighting resources to their limits. WSJ reporter Sara Randazzo reports from Pasadena. And a prominent Chinese economist made comments about his country’s government last month, infuriating Chinese leader Xi Jinping. Chief China correspondent Lingling Wei tells us what this says about the state of the Chinese economy. Plus, with lots of office space sitting empty, Wall Street Journal reporter Peter Grant joins us to talk about the top-tier space in high demand. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Escalates Panama, Greenland Threats
A.M. Edition for Jan. 8. Donald Trump declines to rule out using military or economic coercion to gain control of Greenland, the Panama Canal and Canada. The WSJ’s Dan Michaels says the president-elect’s threats could be intended as an extreme opening bid for negotiations. Plus, wildfires force tens of thousands to evacuate in Los Angeles, as strong winds complicate efforts to fight the blazes. And dozens of House Democrats join Republicans to pass a bill expanding the number of people eligible for deportation. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why It’s Getting More Dangerous for Global Mining Companies
P.M. Edition for Jan. 7. Developing countries are pushing for a greater share of profits from mines in their territory, and are taking increasingly aggressive actions to get it. We hear from WSJ global metals and mining reporter Julie Steinberg about what those confrontations look like. And the Biden administration is negotiating a potential prisoner swap with Afghanistan. National security reporter Alex Ward tells us what it might take to make the deal happen. Plus, Meta drops fact-checking on Facebook and Instagram as it looks to align itself with the Trump administration. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Musk Shakes Up European Politics
A.M. Edition for Jan. 7. From the U.K. to Germany, the world’s richest man is causing a stir by wading into hot-button political debates. The WSJ’s Max Colchester and Bertrand Benoit explain what Elon Musk’s overarching goals may be, and how Europe is responding. Plus, the Pentagon labels Tencent, CATL and other major Chinese businesses as having ties to the country’s military. And Nvidia touts its inroads in robotics as a driver of future growth. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why More White-Collar Workers Are Unemployed for Longer Today
P.M. Edition for Jan. 6. Unemployed workers in certain white-collar sectors are finding it harder to get new jobs. We speak with Wall Street Journal reporter Jasmine Li about what this means for the labor market more broadly. And Canadian Prime Minister Justin Trudeau announces that he plans to step down after nearly a decade in power. Paul Vieira, who covers Canada for the Wall Street Journal, discusses how we got here. Plus, Congress certifies Donald Trump’s election win. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Winter Storm Won’t Delay Certifying Trump’s Win
A.M. Edition for Jan. 6. As a severe winter storm hits large parts of the U.S., House Speaker Mike Johnson says it won’t stop a joint session of Congress to certify Donald Trump’s election victory. Plus, the U.S. gives Syria’s new government a limited show of support. And the WSJ’s Brianna Abbott explains why scientists are zeroing in on the gut in the search of what’s causing a rise in cancer cases among young people. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ’s Take On the Year: Market Trends to Watch in 2025
This week, we have a special market trends episode from the recently relaunched WSJ’s Take On the Week podcast. AI was a big stock market theme in 2024. We’ve talked about it, and heard it many times. But it was far from the only thing that happened in stocks last year. We saw record-breaking growth from power companies like Vistra. Cult stocks like Palantir and MicroStrategy also had a moment. And of course, Nvidia, a company that needs no introduction, had a blockbuster year. But where there are winners, there are also losers. The announcement of Walgreens’ potential sale highlighted the challenges within the retail pharmacy sector. Shares of biotech company Moderna also slumped, partly due to waning demand for its Covid-19 vaccine and booster. And discount chain Dollar Tree took a hit as its shoppers showed signs of belt-tightening. For our first Sunday episode of 2025, WSJ’s Take On the Week co-hosts Gunjan Banerji and Telis Demos are joined by colleagues from WSJ’s Heard on the Street column to discuss 2024’s stock market winners and losers and what those stock performances and other market trends could mean for investors and the economy in the year ahead. And if you like what you hear, be sure to check out WSJ’s Take On the Week. Further Reading: Walgreens Is in Talks to Sell Itself to Private-Equity Firm Sycamore Partners Tech-Loving Hedge Funds Have a Crush on Utility Stocks For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard On The Street Column, and WSJ’s Live Markets blog. Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Tesla Sales, Drinks Warning, Steel Block
Why did Tesla hit record sales last quarter but still see vehicle deliveries decline for the year? And how did the U.S. surgeon general’s call for cancer warnings on alcoholic drinks affect beverage stocks? Plus, what’s next for U.S. Steel after President Biden blocked its sale to Nippon Steel? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Johnson Wins the Vote for House Speaker on First Ballot
P.M. Edition for Jan. 3. After some last-minute drama, incumbent Mike Johnson won the first vote for House speaker. Siobhan Hughes, who covers Congress for the Wall Street Journal, tells us how this sets the tone for this Congress and President-elect Donald Trump’s agenda. And President Joe Biden has blocked a sale of U.S. Steel to Japan’s Nippon Steel. WSJ reporter Bob Tita discusses where U.S. Steel goes from here. Plus, we talk with health reporter Brianna Abbott about why the U.S. surgeon general wants to put warning labels on alcoholic beverages. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Big Banks Ditch Climate Coalition
A.M. Edition for Jan. 3. More U.S. lenders withdraw from an ambitious emissions-cutting effort in the latest evidence of corporate America’s pullback from ESG initiatives. Plus, Boeing conducts more surprise quality checks in its factories as it tries to shore up its manufacturing. And the WSJ’s Dov Lieber breaks down a deadly power struggle in the West Bank that could have implications for who governs post-war Gaza. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Orleans Attack Shows Renewed Risk of Terrorism Inside U.S.
P.M. Edition for Jan. 2. Experts have been warning about an increase in attacks from people affiliated with Islamic State and lone attackers. WSJ reporter Alan Cullison tells us why, and what is being done about it. And details emerge about the suspects behind the vehicle attacks in New Orleans and Las Vegas. Plus, WSJ White House economic policy reporter Brian Schwartz and economics reporter Rachel Wolfe discuss the challenges the U.S. economy might face in 2025. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Year’s Violence Rattles U.S.
A.M. Edition for Jan. 2. At least 15 people are killed in New Orleans after a man in a pickup truck drives into a crowd, while a Tesla Cybertruck explodes outside the Trump Hotel in Las Vegas. Plus, Rep. Thomas Massie (R., Ky.) prepares to challenge Mike Johnson’s re-election as House speaker. And with Donald Trump’s second term about to begin, WSJ reporter Stu Woo explains why U.S. companies aren’t sticking up for China this time around. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

What the Entertainment Industry Has in Store for 2025
Dec. 31 Edition. As 2024 draws to a close, WSJ’s Los Angeles bureau chief Sarah Krouse talks about the biggest entertainment trends of the year, and what they mean for 2025. And a sluggish housing market has ripple effects in the economy, including on home retailers. Wall Street Journal reporter Kate King tells us what this means for retail real estate moving forward. Plus, much of Puerto Rico is without power on New Year’s Eve. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Biden’s Economic Legacy Under a Trump Presidency
P.M. Edition for Dec. 30. As Joe Biden’s presidency draws to a close, WSJ chief economics commentator Greg Ip discusses what of his economic policy could last into—or be undone by—President-elect Donald Trump. And Trump has endorsed House Speaker Mike Johnson for another term. Wall Street Journal reporter Lindsay Wise talks about what that means for Johnson’s prospects. Plus, investors have poured more than $1 trillion into U.S. exchange-traded funds, or ETFs, in 2024. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Will AI Help or Hurt Workers?
A.M. Edition for Dec. 30. Would you trade greater job productivity for a decline in job satisfaction? WSJ reporter Justin Lahart explains how new research suggests that AI could force just such a workplace tradeoff. Plus, tributes pour in for former President Jimmy Carter, who has died at 100. And investigators work to pinpoint the cause of a South Korean plane crash that killed 179 people. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jimmy Carter Built His Biggest Legacy Post-Presidency
Special Edition for Dec. 29. Jimmy Carter, America’s 39th president and the one with the longest post-presidency, has died . Former WSJ Washington editor Gerald F. Seib discusses Carter’s legacy, from the famous Oval Office address that tackled an energy crisis with a rare, introspective call to action, to the foreign-policy error that may have cost him re-election in 1980 and a post-presidency spent eschewing fame in favor of modesty and good works. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What the New U.S. Administration Could Mean for Crypto Industry
In the wake of Donald Trump’s election, the crypto industry is feeling jubilant. But what are crypto fans and executives hoping for from the next president’s administration? WSJ crypto and retail investing reporter Vicky Huang and consumer protection and corporate law enforcement reporter Dave Michaels look into possible financial futures for crypto and what it will take to get there. Charlotte Gartenberg hosts. Further Reading PCAOB Critic Picked for SEC Chair, Raising Potential for a Smaller Audit Watchdog Crypto Players Celebrate SEC Pick, Bitcoin Touches $100,000 Who Is David Sacks, Trump’s Pick for AI and Crypto Czar? Trump Picks Paul Atkins to Run SEC These Five Wall Street Titans Thought Bitcoin Was a Fad. Here’s What They Say Now. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why American Car Buyers Are Downsizing
Dec. 27 Edition. WSJ reporter Ben Glickman explains how affordability concerns are leading U.S. drivers to pivot away from the larger, roomier vehicles in vogue over the last decade. Plus, Finland gets tough after the latest apparent act of sabotage targeting its undersea cables. And Netflix scores big on its NFL debut. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Diplomatic Storylines to Watch in 2025
Dec. 26 Edition. The WSJ’s Shayndi Raice, Gabriele Steinhauser and Liza Lin describe how a Middle East “grand bargain,” a diplomatic shakeup in the Horn of Africa, and intensifying U.S.-China trade tensions could define the year to come. Plus, wealthier Americans drive a surge in U.S. holiday spending. And dueling narratives emerge after the deadly Christmas Day crash of an Azerbaijan Airlines plane. Luke Vargas hosts. Programming note: The next episode of What's News will be released midday Friday. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

World Leaders Face Tough Budget Choices in 2025
Dec. 24 Edition. The WSJ’s David Luhnow and Juan Forero say next year could spell trouble for leaders contending with tricky fiscal math. Plus, American Airlines briefly halts all flights, but a holiday travel meltdown is averted. And Nippon Steel’s plan to buy U.S. Steel is referred to President Biden for review. Luke Vargas hosts. Programming note: The next episode of What's News will be released midday Thursday. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Pakistan Is Developing Missile That Could Reach the U.S., White House Says
P.M. Edition for Dec. 23. In the Biden administration’s last few weeks in office, officials are disclosing the intelligence in an effort to get Pakistan to stop the program, says Wall Street Journal national security correspondent Michael Gordon. And the House Ethics Committee releases an explosive report about sexual misconduct allegations against former representative Matt Gaetz. Plus, WSJ reporter Laura Cooper tells us how beverage companies are ramping up lobbying to keep sugary drinks eligible for purchase with food stamps. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

North Korea Boosts Arms Supply to Russia
A.M. Edition for Dec. 23. Satellite imagery shows Pyongyang is ramping up production of missiles bound for use by Russia against Ukraine, in what the WSJ’s Matthew Luxmoore calls a major boost for Moscow as the war nears its third anniversary. Plus, President Biden commutes the sentences of 37 death row inmates. And the hosts of WSJ’s Take On the Week gaze into the crystal ball for some 2025 economic predictions–with the help of Goldman Sachs’ chief economist. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A New Trump Administration Brings Optimism for M&A: What to Watch
The last couple of years have seen fewer mergers-and-acquisitions deals targeting U.S. companies, but a new presidential administration is bringing optimism for a pickup in M&A activity. WSJ’s Ben Dummett explains how a change in political leadership could pave the way for a reset of antitrust policies, what sectors might see more deals and what those deals might look like. Charlotte Gartenberg hosts. Further Reading As Trump Readies a Reset of Antitrust Policy, Look to These Sectors for Deals Trump Aims to Remake Federal Trade Commission With Two Picks Why Goldman Stands Out as a Trump-Era Winner on Wall Street Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Darden’s Discount Boost, KBR Climbs, Buffett’s Picks Gain
How are discounts boosting Olive Garden owner Darden Restaurants? And how did an activist investor lift government contractor KBR? Plus, why did Berkshire Hathaway’s bets boost three companies? Host Karen Langley discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

More Men Are Getting Addicted to Playing the Stock Market
P.M. Edition for Dec. 20. For a growing number of men, what started as an interest in meme stocks or crypto has turned into a gambling addiction. WSJ markets reporter Gunjan Banerji went to Gamblers Anonymous meetings to understand more. And U.S. lawmakers are racing to avoid a government shutdown at midnight. Katy Stech Ferek, who covers Congress for The Wall Street Journal, gives us her read from the Hill. Plus, at least two people were killed and more than 60 wounded in an attack at a Christmas market in eastern Germany. You can follow the developing story on wsj.com. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump-Backed Spending Bill Fails in the House
A.M. Edition for Dec. 20. Most Democrats and several dozen Republicans join ranks to reject a revised spending measure, putting the U.S. on course for a government shutdown at midnight. Plus, Donald Trump threatens the EU with tariffs if it fails to increase U.S. energy imports. And Heard on the Street columnist Jon Sindreu explains the difference between being ultrarich, rich or merely affluent … and why that matters for banks trying to make their wealth-management offerings more inclusive. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How Biden’s White House Functioned With a Diminished President
P.M. Edition for Dec. 19. Aides and advisers stepped in to keep President Biden’s agenda on track despite the limitations of the oldest president in U.S. history. WSJ investigations reporter Rebecca Ballhaus tells us how this affected his presidency. And President-elect Donald Trump endorses a new deal that House Republicans have put together in an effort to avoid a government shutdown this weekend. Plus, sales of previously owned homes in the U.S. are on track to hit the lowest level this year since 1995, even as November saw sales numbers tick up. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump Sinks Government Funding Deal as Shutdown Looms
A.M. Edition for Dec. 19. Late-breaking objections by the president-elect and Elon Musk to a bipartisan spending bill raise the prospects of a government shutdown. Plus, WSJ Europe finance editor Alex Frangos discusses how global markets are processing yesterday’s Fed-fueled selloff. And the Department of Justice sues CVS Health over its alleged role in contributing to the opioid crisis. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Stocks Fall After Fed Promises Slower Rate Cuts
P.M. Edition for Dec. 18. The Federal Reserve drops interest rates by a quarter point, but signals intent to slow interest-rate cuts next year. And former students have filed a motion in a lawsuit against several elite universities, alleging that they colluded to determine students’ financial aid packages. WSJ higher education reporter Doug Belkin talks about how the suit taps into growing public frustration with the schools. Plus, reporter Richard Rubin talks about a new proposal in Congress that could cut taxes for Americans living abroad. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Honda and Nissan Explore Merger
A.M. Edition for Dec. 18. Two of Japan’s biggest automakers - Honda and Nissan - are in talks over a tie-up that could create one of the world’s largest car companies. WSJ editor Peter Landers says the historical rivals are seeking to further share development costs, amid struggles for both companies in the vital Chinese market. Plus, U.S. authorities are considering a ban on the sale of internet routers from Chinese firm TP-Link, which have been linked to cyberattacks. And hedge funds are piling into utilities stocks, banking on the energy demand that’s powering the AI boom. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump’s Cabinet Picks Have Conflicting Views. That’s How He Likes It
P.M. Edition for Dec. 17. President-elect Donald Trump’s cabinet picks have a range of perspectives. Wall Street Journal senior political correspondent Molly Ball tells us what conflicts may arise as they govern. And the Fed is expected to cut interest rates tomorrow, but WSJ chief economics correspondent Nick Timiraos says what happens after that is far from certain. Plus, Luigi Mangione is indicted on murder charges over the killing of UnitedHealth executive Brian Thompson. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ukraine Claims Killing of Senior Russian General in Moscow
A.M. Edition for Dec. 17. Kyiv says it was behind a high-profile assassination in the Russian capital, its latest attempt to strike targets far from the frontlines. Plus, U.S. officials warn that Turkey could be preparing for a large-scale incursion into Syria. And WSJ correspondent Brian Spegele explains how social frustrations tied to economic malaise in China are sparking alarm among leaders in Beijing. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Axis of Autocracies Lining Up for World War III
P.M. Edition for Dec. 16. Conflicts once viewed as disconnected have merged into what could be the opening shots of a massive confrontation. Chief foreign-affairs correspondent Yaroslav Trofimov reports on how opposing alliances are preparing. And President-elect Donald Trump and SoftBank CEO Masayoshi Son announce a $100 billion investment in U.S. projects. Plus, police say a student at a Christian school in Madison, Wis., is believed to have fatally shot at least two people. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A Drone Mystery on the East Coast
A.M. Edition for Dec. 16. The U.S. government is sending a drone-detection system to New York to help investigate a recent surge in drone sightings, even as federal agencies say there's no evidence national security is at risk. Plus, Apple plans to release thinner and foldable iPhones in a bid to revive sagging sales growth. And WSJ reporter Rebecca Picciotto explains how real-estate investment trusts are betting billions on rental homes as ownership slips out of reach for many Americans. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

What Gen Z Support for Trump Says About Their Changing Politics
During this presidential election, the youth vote shifted in Trump's favor. The issues guiding young voters are shifting. What does this change tell us about how the next generation is thinking about Trump, politics and the role of government in their lives? We talk to WSJ’s Jimmy Vielkind about what he heard from Gen Z voters across the country while reporting Chasing the Base and Chasing the Vote, and to reporter and editor Aaron Zitner about the demographics and economics driving this shift. Charlotte Gartenberg hosts. Further Reading Young Voters Helped Fuel Trump’s Win Trump Is Attracting Young Male Voters. Can Harris Change That? Why Gen Z Voters Are America’s Most Disillusioned Who Voted? A Younger, More Female Electorate Learn more about your ad choices. Visit megaphone.fm/adchoices

What’s News in Markets: Walgreens Talks, Alphabet’s Quantum Leap, Cruise Control
How Walgreens got on the way to recovery. And why Alphabet’s and Oracle’s paths diverged. Plus, how GM ending its robotaxi program hit rideshare stocks. Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dollar Stores Show Lower-Income Americans Are Tightening Their Belts
P.M. Edition for Dec. 13. Dollar stores are a bellwether for the spending of lower-income Americans and recent data shows they are feeling financial strain. WSJ Heard on the Street columnist Jinjoo Lee talks about the forces at play. And the new presidential planes that Donald Trump negotiated for during his first term will likely not be ready for him to fly in during his second term, either. We will hear what is going on at Boeing from Wall Street Journal aviation reporter Andrew Tangel. Plus, the U.S. prepares new rules that would restrict the sale of advanced AI chips, aimed at limiting China’s access. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump’s Team Takes Aim at Bank Regulators
A.M. Edition for Dec. 13. The president-elect’s transition team explores ways to shrink, merge or even eliminate the top bank watchdogs in Washington. Plus, Trump advisers consider military action against Iran to stop its nuclear program. And the WSJ’s Jared Malsin is in Damascus, where the rebels who toppled the Assad regime are trying to chart the country’s future. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
