Plus: Amazon is planning a major cut in packages sent through the already cash-strapped U.S. Postal Service. And chips stocks help U.S. futures rise after Nvidia says it has restarted manufacturing H200 processors for China. Luke Vargas hosts.
A.M. Edition for Mar. 18. Gulf leaders insist on crippling Iran’s regime before ending the war, marking a major pivot from a region that once courted Tehran. Plus, as fighting drags on, Barclays’ Emmanuel Cau discusses why the mood in U.S. equity markets has remained largely upbeat. And bad news for the struggling U.S. Postal Service, as Amazon plans to take its business elsewhere. Luke Vargas hosts.
The SAVE America Act, a controversial election bill backed by President Trump, is headed for a Senate showdown. It would be one of the largest revisions to voting rights in U.S. history. Meanwhile, National Counterterrorism Center director Joe Kent is resigning, writing on X that he "cannot in good conscience support the ongoing war in Iran," which has left over 1,400 Iranians dead. And, Southern California is bracing for what climate scientist Daniel Swain is calling a "full on summer heat wave in March," with temperatures expected to peak Tuesday through Friday, reaching the 80s on the coast, and inland, possibly over 100 degrees. In business, Uber co-founder Travis Kalanick has confirmed his relocation to Texas, joining a growing list of billionaires leaving California ahead of a proposed 5% wealth tax, and Downtown Los Angeles advocates are pushing for the adoption of San Francisco’s "Vacant to Vibrant" program to fill retail vacancies. Read more at https://LATimes.com.
Iran is retaliating for the killing of its top security chief with strikes across the region overnight, and Iranian are crossing into Iraq just to buy food they can no longer afford at home. Secretary of State Marco Rubio says Cuba needs new people in charge, raising questions about what the Trump administration is actually planning for the island. And the Federal Reserve meets today facing a scrambled economic outlook with energy prices are soaring because of the war and the job market is weakening.
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Today’s episode of Up First was edited by Hannah Block, Rebekah Metzler, Rafael Nam, Mohamad ElBardicy, and Alice Woelfle.
It was produced by Ziad Buchh and Nia Dumas.
Our director is Christopher Thomas.
We get engineering support from Neisha Heinis. Our technical director is Carleigh Strange.
Our Supervising Producer is Michael Lipkin.
(0:00) Introduction (01:55) Life Inside Iran (06:15) Trump and Cuba (10:10) Fed Interest Rates
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This past weekend, the chairman of the Federal Communications Commission threatened to revoke broadcasters’ licenses over their coverage of the war in Iran.
Last month, Stephen Colbert said he had to drop an interview with a Senate candidate because of F.C.C. guidance that targeted political interviews on late-night shows.
Jim Rutenberg, a writer at large for The New York Times, explains how the Trump administration is trying to shape media coverage to fit its agenda.
Guest: Jim Rutenberg, a writer at large for The New York Times and The New York Times Magazine.
A top Trump adviser resigns over the Iran conflict, underlining a deep divide among MAGA loyalists. Cuba is blanketed by an electrical blackout. And a new report suggests more Americans than ever are being buried by credit card debt.
In episode two, Jamie ventures into the strange world of 1980s WWF wrestling - where performers and fans share an unspoken agreement to treat the whole spectacle as real. A shared illusion where everyone knows it's fake, but plays along because it feels true. It sounds like harmless fun. And for a while, it was. But Jamie soon wonders: what happens when an idea like that escapes the ring and changes the world?
Credits:
Presenter: Jamie Bartlett
Series Producer: Tom Pooley
Sound Design: Rob Speight
Production Coordinator: Neena Abdullah
Original music: Coach Conrad
Editor: Craig Templeton Smith
1004. This week, Laura explains how to identify and fix overcontributions to your 401(k), IRA, and HSA. You’ll learn the specific deadlines for 2026 to remove excess funds penalty-free and how to handle the tricky tax paperwork that follows.
In This Episode:
The Cost of Mistakes: Why IRAs and HSAs carry a 6% annual penalty for excess funds, and how 401(k) errors can lead to double taxation.
2026 Contribution Limits: The max limits for workplace plans ($24,500), IRAs ($7,500), and HSAs ($4,400–$8,750), including catch-up rules for those over 50 and 60.
Common Pitfalls: How switching jobs, receiving year-end bonuses, or earning too much for a Roth IRA can trigger an accidental overcontribution.
The Correction Timeline: Why April 15 is a hard deadline for workplace plans, while IRAs and HSAs offer flexibility until October 15 with an extension.
New 2026 Rules: What high earners (making over $150k) need to know about the new mandatory Roth catch-up contributions.
Step-by-Step Fixes: How to work with your account custodian to calculate earnings (or losses) and file the correct tax forms (1099-R, 1099-SA).
In this episode , Mary Katharine Ham and Vic Matus cover the Oscars, the bright spots and the political commentary, Iran strikes and "taking Cuba", jihadist attacks in the U.S., one of which exemplifies the uselessness of gun control laws, and the continuing leftward lurch of the state of Virginia under alleged moderate Abigail Spanberger. Plus, Paul Ehrlich critique!