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by The Wall Street Journal

What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.

20 episodes summarized

Episodes

Why Trump Keeps Calling Kevin Warsh

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<p>A.M. Edition for Aug. 6. In a departure from recent precedent, President Trump has called Kevin Warsh repeatedly since he was appointed as Fed chairman, including to <a href="https://www.wsj.com/politics/policy/trump-has-called-warsh-repeatedly-since-he-became-fed-chair-32804cf7?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">seek counsel</a> on how AI and the Iran war are affecting the economy. Plus, airlines are <a href="https://www.wsj.com/business/airlines/airlines-push-back-against-ice-enforcement-at-airports-50a49ff0?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">pushing back against federal authorities</a> intensifying immigration enforcement at U.S. airports, including near gates and ticket counters. And the <a href="https://www.wsj.com/politics/policy/senate-confirms-first-full-time-cdc-director-in-nearly-a-year-90c7a278?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Senate confirms Dr. Erica Schwartz</a> as director of the Centers for Disease Control and Prevention, after a bipartisan grilling on how she would navigate vaccine policy under Robert F. Kennedy Jr. Luke Vargas hosts.</p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 6, 202612:18

The Live-Shopping App That’s Got Some Users in Over Their Heads

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<p>P.M. Edition for Aug. 5. Seven-year-old Whatnot is <a href="https://www.wsj.com/business/retail/whatnot-live-shopping-app-48b67987?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">gaining popularity</a> among people drawn to its high-energy live auction sales on everything from fashion to trading cards. But as WSJ retail reporter <a href="https://www.wsj.com/news/author/hanna-krueger?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Hanna Krueger</a> discusses, some users say they’re hooked even when they feel like they should walk away. Plus, progressive candidate Abdul El-Sayed <a href="https://www.wsj.com/politics/elections/michigan-primary-election-results-2026-d257c567?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">clinched the Democratic senate nomination</a> in a closely-watched race in Michigan. We hear from Journal reporter <a href="https://www.wsj.com/news/author/terell-wright?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Terell Wright</a> about <a href="https://www.wsj.com/politics/elections/key-election-takeaways-from-progressives-big-night-a48eaf8d?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">what this means</a> for the Democratic party’s future. And Google <a href="https://www.wsj.com/tech/ai/googles-chief-scientist-is-leaving-after-27-yearsto-start-his-own-ai-company-6abad73d?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">shakes up the leadership</a> of its AI operations as it struggles to keep pace with competitors’ top models. Alex Ossola hosts.</p> <p><br></p> <p><a href="https://www.wsj.com/business/retail/whatnot-live-shopping-app-48b67987?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Whatnot, the Live Shopping App Where Some People Bid Until They’re Broke</a> </p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What's News newsletter</a>.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 5, 202611:39

What’s News in Earnings: The Restaurant Watchword Is Affordability

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<p>Bonus Episode for Aug. 5. Restaurant chains this quarter are focusing on affordability and trying to bounce back from food-safety scares. WSJ reporter <a href="https://www.wsj.com/news/author/heather-haddon?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Heather Haddon</a> discusses what’s going on at <a href="https://www.wsj.com/business/earnings/mcdonalds-mcd-q2-earnings-report-2026-stock-c7066898?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">McDonald’s</a>, <a href="https://www.wsj.com/business/earnings/chipotle-mexican-grill-posts-higher-sales-driven-by-new-restaurant-openings-f614dceb?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Chipotle</a> and Taco Bell owner <a href="https://www.wsj.com/business/earnings/yum-brands-profit-more-than-doubles-amid-cyclosporiasis-outbreak-linked-to-taco-bell-fae6b73f?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Yum Brands</a>, and why consumers are so interested in drinks like dirty sodas.</p> <p><br></p> <p>WSJ reporter <a href="https://www.wsj.com/news/author/laura-cooper?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Laura Cooper</a> hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings to find out what’s going on under the hood of the American economy.</p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/markets-am?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Markets A.M. newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 5, 20265:19

SpaceX Starts Spending Like a Hyperscaler

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<p>A.M. Edition for Aug 5. Michigan awaits the results of <a href="https://www.wsj.com/politics/elections/michigan-primary-election-results-2026-d257c567?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">a Democratic Senate primary</a> seen as a referendum on the party’s identity. We’ll get the latest as the vote count continues. Plus, SpaceX shares slide after the company discloses <a href="https://www.wsj.com/tech/ai/spacex-says-spending-spree-is-supercharging-ai-revenues-ea750ff3?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">huge AI investments</a>. And struggling private colleges are <a href="https://www.wsj.com/us-news/education/colleges-restricted-endowments-financial-trouble-247c7d3c?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">increasingly tapping restricted donor endowments</a> to cover day-to-day operating expenses, something WSJ’s <a href="https://www.wsj.com/news/author/douglas-belkin?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Douglas Belkin</a> reports is in many cases being done without donor knowledge or consent. Luke Vargas hosts.</p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 5, 20269:59

The Growing Number of Patients Without Health Insurance Is Costing Hospitals

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<p>P.M. Edition for Aug. 4. Millions of Americans are going without <a href="https://www.wsj.com/health/healthcare/the-rising-number-of-uninsured-patients-starts-to-hit-hospitals-2a8894a9?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">health insurance</a> after the end of federal subsidies that kept their Affordable Care Act premiums down. WSJ reporter <a href="https://www.wsj.com/news/author/anna-wilde-mathews?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Anna Wilde Mathews</a> discusses how that’s weighing on hospital profits. Plus, strong earnings and hopes for an Iran deal send markets soaring. McDonald’s aims to <a href="https://www.wsj.com/business/earnings/mcdonalds-mcd-q2-earnings-report-2026-stock-c7066898?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">shake up its U.S. operations</a> with a new boss after the U.S. division fell short in its most recent quarter. And <a href="https://www.wsj.com/business/earnings/spacex-earnings-q2-2026-spcx-stock-5b3d782b?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">SpaceX’s revenue</a> rose 92% in the first quarter since its IPO, while it reported a net loss of $541 million. Alex Ossola hosts.</p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What's News newsletter</a>.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 4, 202610:47

How ICE Is Tracking Down its Online Critics

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<p> A.M. Edition for Aug 4. A Journal investigation finds the government has paid millions to private contractors to track down critics of ICE. WSJ’s <a href="https://www.wsj.com/news/author/hannah-critchfield?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Hannah Critchfield</a> says agents have confronted Americans at home and work, asking them to sign letters agreeing their posts “may” be a crime. Plus, SpaceX is set to release its first earnings report, with the rocket company needing strong Starlink growth to fund its ambitions. And ahead of primaries in a handful of states, including a <a href="https://www.wsj.com/politics/elections/high-stakes-michigan-primary-tests-progressive-clout-and-the-democratic-direction-c86251dc?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">bitter Senate battle in Michigan</a>, WSJ’s <a href="https://www.wsj.com/news/author/terell-wright?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Terell Wright</a> explains why some Democratic voters are <a href="https://www.wsj.com/politics/elections/democratic-socialists-voters-why-3d25da52?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">embracing insurgent progressive and socialist candidates</a>. Luke Vargas hosts.</p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 4, 202612:53

Why Ford Ditched Its Boring Cars

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<p>P.M. Edition for Aug. 3. Ford spent decades producing ho-hum workhorse cars–the Taurus, the Focus. WSJ autos reporter <a href="https://www.wsj.com/news/author/ryan-felton?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Ryan Felton</a> explains why the company <a href="https://www.wsj.com/business/autos/ford-cars-suvs-sports-cars-picksups-867a00fc?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">is hitting reverse</a>. Plus, Michigan public health officials say <a href="https://www.wsj.com/us-news/cyclosporiasis-outbreak-michigan-deaths-87d7569f?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">two people have died</a> in connection with the cyclosporiasis outbreak. And WSJ business reporter <a href="https://www.wsj.com/news/author/natasha-khan?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Natasha Khan</a> discusses why Kimberly-Clark i<a href="https://www.wsj.com/business/the-paper-in-your-paper-towel-is-a-candidate-for-a-radical-overhaul-4b90898c?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">s embarking on a moonshot effort</a> to make paper towels and toilet paper out of a spiny desert plant called hesperaloe. Danny Lewis hosts.</p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What's News newsletter</a>.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 3, 20269:06

Trump Pivots Back to Iran Diplomacy

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<p>A.M. Edition for Aug 3. President Trump’s <a href="https://www.wsj.com/world/middle-east/trump-pivots-back-to-diplomacy-as-iran-victory-eludes-him-a925ee98?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">latest walkback came</a> just hours after saying he was prepared to launch the biggest attack since World War II, and as Gulf countries grow frustrated over a lack of a clear U.S. strategy to end the war. Plus, the Japanese Yen rises after Washington and Tokyo launch <a href="https://www.wsj.com/finance/currencies/the-worries-that-drove-uncle-sam-to-buy-yen-4ff554f1?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">their first joint intervention in a generation</a> after the currency fell to a 40-year low against the dollar. WSJ Tokyo bureau chief <a href="https://www.wsj.com/news/author/jason-douglas?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Jason Douglas</a> breaks down the worries that drove Washington to get involved. And <a href="https://www.wsj.com/topics/place/california" target="_self" rel="noopener noreferrer">California</a>’s Democratic Party endorses the state’s <a href="https://www.wsj.com/politics/policy/california-billionaire-tax-wins-support-from-state-democratic-party-416ac843?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">proposed billionaire tax</a>. Luke Vargas hosts.</p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 3, 202613:10

The Buried $150 Billion Bet Inside the Top 20 U.S. Stocks

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<p>This week, we’re bringing you an episode of <a href="https://www.wsj.com/podcasts/take-on-the-week" target="_self" rel="noopener noreferrer">WSJ’s <em>Take On the Week</em></a>. Host Telis Demos and guest host Spencer Jakab, investing columnist and writer of the <a href="https://www.wsj.com/newsletters/markets-am" target="_self" rel="noopener noreferrer"><em>Markets A.M.</em> newsletter</a>, are joined by Kaitlin Hendrix, asset allocation research director at Dimensional Fund Advisors, to decode investors’ surging interest in private markets.</p> <p><br></p> <p>They break down how investors may already have exposure in their investment portfolios to private companies like Anthropic, Stripe and Flipkart, through holdings in companies like Alphabet's Google, Amazon and Nvidia. Hendrix explains why your public index fund might already provide the diversification you’re looking for, without the high fees. Plus, Jakab explains the way that big tech’s private company investments are boosting earnings to near-unprecedented levels. </p> <p><br></p> <p>To watch the video version of this episode, visit our <a href="https://www.youtube.com/@WSJPodcasts/podcasts" target="_self" rel="noopener noreferrer">WSJ Podcasts YouTube channel</a> or <a href="https://www.wsj.com/video/series/wsj-take-on-the-week?mod=WSJ_TOTWPOD" target="_self" rel="noopener noreferrer">the video page of </a><a href="http://wsj.com" target="_self" rel="noopener noreferrer">WSJ.com</a></p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.</p> <p><br></p> <p>Further Reading: </p> <p><a href="https://www.wsj.com/finance/stocks/earnings-forecasts-are-on-steroids-c6c2e4e0?mod=WSJ_TOTWPOD" target="_self" rel="noopener noreferrer">Earnings Forecasts Are on Steroids</a></p> <p><br></p> <p>For more coverage of the markets and your investments, head to <a href="https://www.wsj.com/?mod=WSJ_TOTWPOD" target="_self" rel="noopener noreferrer">WSJ.com</a>, <a href="https://www.wsj.com/news/heard-on-the-street?mod=WSJ_TOTWPOD" target="_self" rel="noopener noreferrer">WSJ’s Heard on The Street Column</a>, and <a href="https://www.wsj.com/finance?mod=WSJ_TOTWPOD" target="_self" rel="noopener noreferrer">WSJ’s Live Markets blog</a>.<br><br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 2, 202633:42

What’s News in Markets: Tech Winners and Losers, Fed Fallout, Taco Bell Rebound

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<p>Between Microsoft, Meta, Apple and Amazon, who emerged from a big week for tech earnings unscathed? And how did Jersey Mike’s stock trade post-IPO? Plus, why did Universal Music Group lose a quarter of its value? Host Shradha Dinesh discusses the biggest stock moves of the week and the news that drove them.</p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/markets-am?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Markets A.M. newsletter</a>.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

August 1, 20265:22

Chaos in Energy Markets Boosts Big Oil Earnings

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<p>P.M. Edition for July 31. ExxonMobil and Chevron had a <a href="https://www.wsj.com/business/energy-oil/exxonmobil-xom-chevron-cvx-2q-earnings-report-2026-stock-77ca6092?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">blockbuster quarter</a> after the Iran war disrupted energy markets. Journal reporter <a href="https://www.wsj.com/news/author/collin-eaton?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Collin Eaton</a> discusses the historic refining margins they’re enjoying. Plus, America’s lettuce growers <a href="https://www.wsj.com/business/hospitality/california-lettuce-growers-skip-harvest-plow-their-crops-back-into-the-ground-f2020d89?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">are facing a steep decline in sales</a> because of the cyclospora outbreak. As WSJ’s <a href="https://www.wsj.com/news/author/amira-mckee?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Amira McKee</a> explains, that’s forcing some to make some tough choices about what to do with their current crops. And Apple saw a record decline in market cap after the iPhone maker’s <a href="https://www.wsj.com/tech/apple-aapl-q3-earnings-report-2026-stock-a2eed24e?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">disappointing outlook</a>. Alex Ossola hosts.</p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What's News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 31, 202611:42

What’s News in Earnings: Can AI Investments Help Private Credit’s Recovery?

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<p>Bonus Episode for July 31. Investment firms like <a href="https://www.wsj.com/tech/investment-giants-shake-off-upheaval-in-private-credit-industry-6f7dc90c?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Blackstone, KKR and Blue Owl</a> have been battered over the past year by <a href="https://www.wsj.com/finance/investing/an-exodus-of-money-endangers-wall-streets-private-credit-craze-d0fbb8af?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">a client exodus from private-credit funds</a>. WSJ lead financial reporter <a href="https://www.wsj.com/news/author/annamaria-andriotis?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">AnnaMaria Andriotis</a> discusses the state of the industry’s recovery from a surge in redemption requests from rattled investors and whether these firms’ <a href="https://www.wsj.com/finance/investing/blackstone-bx-q2-earnings-report-stock-2026-99916051?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">investments in AI</a> can help them recover from blows to the software sector.</p> <p><br></p> <p>WSJ reporter <a href="https://www.wsj.com/news/author/matt-wirz?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Matt Wirz</a>, who covers credit, 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.</p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/markets-am?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Markets A.M. newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 31, 20266:55

Token Costs Have Execs Rethinking AI Rollouts

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<p>A.M. Edition for July 31. Earnings from AI hyperscalers this week showed <a href="https://www.wsj.com/tech/ai/amazon-earnings-q2-2026-amzn-stock-3daf95f7?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">rising demand</a> for their cloud services, with Amazon’s CEO forecasting corporate AI use was still in its ‘early stages.’ But as EY’s Dan Diasio tells us, <a href="https://www.wsj.com/business/china-us-ai-model-costs-53a12e96?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">rising token costs</a> are leading many businesses to question their broader AI approach. Plus, the U.S. says Hamas has agreed to <a href="https://www.wsj.com/world/middle-east/u-s-says-hamas-has-agreed-to-broad-plan-to-disarm-71a446c2?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">a broad plan to disarm</a> in exchange for an eventual Israeli withdrawal from Gaza. And WSJ reporter <a href="https://www.wsj.com/news/author/margherita-stancati?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Margherita Stancati </a>describes how the arrival of thousands of migrants into the <a href="https://www.wsj.com/world/europe/thousands-of-migrants-pour-across-border-into-a-tiny-spanish-territory-0af0d1a3?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Spanish territory of Ceuta</a> from neighboring Morocco is piling political pressure on the center-left government in Madrid. Luke Vargas hosts.</p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 31, 202613:12

Why the U.S. Economy Slowed in the Second Quarter

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<p>P.M. Edition for July 30. The U.S. economy <a href="https://www.wsj.com/economy/u-s-economic-growth-slowed-to-1-5-in-second-quarter-003c464f?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">grew just 1.5%</a> last quarter, lower than the previous quarter and falling short of economists’ expectations. WSJ economics reporter <a href="https://www.wsj.com/news/author/harriet-torry?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Harriet Torry</a> explains why the details in the report, particularly around consumer spending, suggest things aren’t as bad as the headline number makes it seem. Plus, the buzzy AI-focused hedge fund Situational Awareness, founded by AI whiz kid Leopold Aschenbrenner, <a href="https://www.wsj.com/finance/citadel-buys-situational-awarenesss-stock-portfolio-after-big-losses-in-ai-5117159b?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">sold most of its stock portfolio</a> to investment firm Citadel. We hear from WSJ special writer <a href="https://www.wsj.com/news/author/gregory-zuckerman?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Greg Zuckerman</a> about why this happened and where the company goes from here. And a big rally in tech companies sent U.S. <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-07-30-2026?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">stocks soaring today</a>. Alex Ossola hosts.</p> <p><br></p> <p>See <a href="https://www.wsj.com/world/middle-east/see-the-new-fronts-of-the-iran-war-erupting-across-the-middle-east-dda24313?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">the new fronts</a> in the Iran war. </p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What's News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 30, 202612:37

Meta Slips and Microsoft Soars on AI Earnings

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<p>A.M. Edition for July 30. Meta shares fall and Microsoft rallies after the hyperscalers sent very different signals on <a href="https://www.wsj.com/tech/ai/meta-stumbles-as-tech-investors-demand-better-answers-on-ai-spending-fc731909?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">how they’re monetizing their massive AI outlays</a>. Plus, as some people are allowed to return to their homes in southwestern France, WSJ’s <a href="https://www.wsj.com/news/author/ed-ballard?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Ed Ballard </a>says a debate over <a href="https://www.wsj.com/world/europe/france-is-using-12-aging-planes-to-fight-its-wildfires-36b0210b?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">aging water bombers</a> and the country’s readiness ahead of a summer of wildfires is picking up. And DoorDash secures a key certification from the FAA to use <a href="https://www.wsj.com/logistics-report/doordash-takes-to-the-sky-with-its-own-drones-0cc8658d?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">drones for deliveries</a>. Luke Vargas hosts.</p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 30, 202613:25

Markets Dive After the Fed Holds Steady

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<p>P.M. Edition for July 29. Fed officials <a href="https://www.wsj.com/economy/central-banking/fed-holds-rates-steady-but-three-officials-voted-for-increase-3a6903e0?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">voted to keep current interest rates in place</a>. WSJ economics reporter <a href="https://www.wsj.com/news/author/matt-grossman?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Matt Grossman</a> joins to discuss the internal pressure that’s building at the central bank to curb inflation. Plus, Dr. Anthony Fauci <a href="https://www.wsj.com/politics/policy/anthony-fauci-invokes-fifth-amendment-in-covid-19-hearing-5eeb2f3d?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">invoked the Fifth Amendment more than 100 times</a> during a contentious Senate committee hearing about his handling of the Covid-19 pandemic. And WSJ’s<a href="https://www.wsj.com/news/author/benjamin-katz?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer"> Benjamin Katz</a> explains how a potential Boeing rival could be taking flight with <a href="https://www.wsj.com/business/could-the-most-radical-plane-design-since-the-concorde-take-on-boeing-abd9a6ce?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">a plane that looks radically different</a> from the passenger jets we’re used to. Danny Lewis hosts.</p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What's News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 29, 202611:51

Meta Faces a Mountain of Lawsuits Amid a Costly AI Pivot

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<p>A.M. Edition for July 29. Oil prices rise after Iran <a href="https://www.wsj.com/world/middle-east/iran-launches-surprise-missile-attack-on-u-s-forces-70955a30?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">launches a surprise missile attack</a> on U.S. forces. Plus, Europe’s luxury brands <a href="https://www.wsj.com/business/retail/hermes-sales-pick-up-as-luxury-sector-eyes-upswing-7829a5a6?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">try to move past</a> years of sluggish demand. And as Meta spends big on its AI transformation—technology CEO <a href="https://www.wsj.com/tech/ai/mark-zuckerberg-says-u-s-should-accelerate-ai-development-not-restrict-it-3bbe0868?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Mark Zuckerberg says the U.S. should help to accelerate</a>—Journal reporter <a href="https://www.wsj.com/news/author/meghan-bobrowsky?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Meghan Bobrowsky</a> says a host of <a href="https://www.wsj.com/tech/meta-is-fighting-a-mountain-of-social-media-lawsuitsat-just-the-wrong-time-0b7d12a3?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">lawsuits could cost it billions</a>. Luke Vargas hosts.</p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 29, 202612:45

Lindsey Graham Remembered as ‘American Original’

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<p>P.M. Edition for July 28. The <a href="https://www.wsj.com/politics/policy/president-trump-to-lead-tributes-to-lindsey-graham-at-washington-funeral-92debe40?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Washington, D.C. funeral</a> for Lindsey Graham, who died earlier this month, drew current and formal officials and foreign leaders. President Trump gave a eulogy for the late senator, his one-time rival turned friend and adviser. Plus, the Trump administration is <a href="https://www.wsj.com/health/healthcare/trump-administration-to-end-medicare-drug-plan-subsidy-76d255d1?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">ending a subsidy program</a> that helped hold down premiums for Medicare drug plans—a move that could make health care more expensive for some seniors. And the Fed’s July meeting kicks off today, with a decision expected tomorrow. WSJ chief economics correspondent <a href="https://www.wsj.com/news/author/nick-timiraos?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Nick Timiraos</a> explains why this is <a href="https://www.wsj.com/economy/central-banking/the-fed-is-heading-into-one-of-its-most-unpredictable-meetings-in-years-849198f5?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">one of the most unpredictable meetings</a> in years. Alex Ossola hosts.<br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What's News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 28, 202612:02

Wall Street’s Chip Selloff Goes Global

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<p>A.M. Edition for July 28. <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-07-28-2026/card/one-thing-weighing-on-chip-stocks-china-s-reported-strides-sjd41LjoRGWr3ivgwxXj?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Monday’s slump in chip stocks</a> spreads to Asian markets. Finance editor <a href="https://www.wsj.com/news/author/alex-frangos?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Alex Frangos</a> says new concerns that China is catching up in the technological arms race come just as investors brace for updates on how much hyperscalers are spending on the AI buildout. Plus, as Volodymyr Zelensky returns to the White House, WSJ’s <a href="https://www.wsj.com/news/author/marcus-walker?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Marcus Walker </a>says the Ukrainian president is hoping to turn <a href="https://www.wsj.com/world/impressed-by-ukraines-battlefield-gains-trump-warms-to-zelensky-bc138190?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">President Trump’s fresh optimism about the war</a> against Russia into a promise of more support. And Mercedes-Benz is the <a href="https://www.wsj.com/business/earnings/mercedes-benz-cuts-sales-guidance-amid-worsening-chinese-market-de9731e3" target="_self" rel="noopener noreferrer">latest automaker to warn of headwinds</a> in China, as the country’s appetite for foreign cars continues to decline. Luke Vargas hosts.</p> <p><br></p> <p>Sign up for the WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What’s News newsletter</a>.<br></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 28, 202612:40

Why Are Waymo Robotaxis Getting So Many Parking Tickets?

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<p>P.M. Edition for July 27. In the two years since Waymo introduced its robotaxis to Austin, Texas, its cars have gotten <a href="https://www.wsj.com/business/autos/waymo-is-racking-up-thousands-of-dollars-of-parking-fines-in-austin-d41483f5?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">thousands of dollars in parking fines</a>. WSJ’s <a href="https://www.wsj.com/news/author/ellie-davis?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Ellie Davis</a> explains why. Plus, <a href="https://www.wsj.com/business/cracker-barrel-ceo-julie-masino-to-step-down-66ef5937?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Cracker Barrel’s CEO is stepping down</a> after a turbulent three years. And WSJ advertising reporter <a href="https://www.wsj.com/news/author/katie-deighton?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Katie Deighton</a> digs into why Target and other companies are <a href="https://www.wsj.com/cmo-today/the-latest-darlings-of-social-media-marketing-regular-people-with-500-followers-62170067?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">partnering with “nanoinfluencers”</a> with followers in the low thousands or even just hundreds to advertise their products on social media. Danny Lewis hosts.</p> <p><br></p> <p>Sign up for the WSJ's free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">What's News newsletter</a>.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>

July 27, 202612:24