Consumers may have revved up their spending in October, but spending more doesn’t mean getting more — prices are also up this holiday season. In this episode, why most shoppers feel like they're doing less with more. Plus: Auto loan delinquencies rise, mortgage applications heat up during an often-chilly season, and Kai explains the price-earnings ratio of the S&P 500, which is at a decades-high.
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A U.S. aircraft carrier reached the Caribbean as part of the Trump administration’s escalating pressure campaign on Venezuela and its broader effort to combat drug trafficking. In recent months, the U.S. has killed dozens of people, prompting an outcry across the region from governments and human rights groups. Nick Schifrin discussed more with Juanita Goebertus Estrada of Human Rights Watch. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
Democrats on the House Oversight Committee have released emails to and from Jeffrey Epstein that suggest Donald Trump may have known about Epstein’s sex-abuse operations.
In one, Epstein writes that Trump “knew about the girls.”
The White House has repeatedly denied any wrongdoing by Trump or meaningful connection to Epstein’s alleged crimes, and downplayed the new revelations as part of a “fake narrative.”
But House Democrats are pressing for a vote on legislation to release more Epstein documents.
Rep. Robert Garcia, the ranking Democratic member of the Oversight Committee, speaks on the latest developments.
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This episode was produced by Connor Donevan and Alejandra Marquez Janse. It was edited by Patrick Jarenwattananon and Courtney Dorning. Our executive producer is Sami Yenigun.
The Booker Prize is one of the world’s most prestigious literary awards, given annually to a single novel written in English and published in the United Kingdom or Ireland. This year’s winner is David Szalay's novel, “Flesh”. Senior arts correspondent Jeffrey Brown spoke with him for our arts and culture series, CANVAS. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
John J. Lennon, currently incarcerated at Sing Sing Correctional Facility, discusses The Tragedy of True Crime: Four Guilty Men and the Stories That Define Us, arguing that true crime's fixation on innocence obscures the harder stories of guilt, punishment, and change. He describes refusing to be branded "Inside Evil" on Chris Cuomo's show—and how that exploitation pushed him toward critiquing the genre from within. Lennon explains why he writes himself beneath the other men he profiles—even as he's "owning [his] sh*t on the page" so he can have a life when he gets out. Also: an analysis of the odd-bedfellows coalition pushing to force a House vote on releasing the Epstein case files.
Emails released by US lawmakers say Donald Trump "spent hours" with a victim of the convicted sex offender Jeffrey Epstein. The White House has accused Democrats of selectively leaking the emails to push a fake narrative against the President.
Also in the programme: after dozens of Israeli settlers launched arson attacks on Palestinian villages in the occupied West Bank, we'll hear about growing frustration within Israel's military; and the solar storms bringing spectacular light shows to skies around the globe. (Photo: Donald Trump poses alongside Jeffrey Epstein in 1997. Credit: Getty)
Last week, New York City elected Zohran Mamdani to be its next mayor. And while he claims to be a democratic socialist, the dangerous ideas he champions make him out to be more of a communist than anything.
How will this fare for New York City—the financial capital of the world? And what exactly is it about socialism that doesn’t work, as history has taught us time and time again? Victor Davis Hanson breaks it all down on today’s episode of “Victor Davis Hanson: In A Few Words.”
“ Socialism destroys private initiative. If you think the harder you work, the better ideas you have, the more efficiency you can create in your business or in your own life but you're not going to be compensated more than someone who does not either show those traits or doesn't want to show those traits or just simply says, ‘Live and let live. I just wanna stay in my house, watch TV, and get pizza,’ and he will get the same amount as you do, in terms of cars or housing or federal supplements—it doesn't work.”
(0:00) Introduction
(1:20) Mamdani's Controversial Views
(4:07) The Inherent Flaws of Socialism
(8:53) European Socialism and Its Consequences
(10:29) Final Thoughts
P.M. Edition for Nov. 12. The House of Representatives is set to vote this evening on a spending bill that would end the longest government shutdown in U.S. history. WSJ reporter Anvee Bhutani walks us through what’s in the bill. Plus, Federal Reserve officials are divided as to whether it’s inflation or the labor market that is the bigger threat to the U.S. economy, stoking division ahead of the Fed’s December meeting. Journal chief economics correspondent Nick Timiraos explains what the disagreements mean for a possible rate cut. And the U.S. has minted its last pennies. Alex Ossola hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
