P.M. Edition for May 9. In a social-media post, President Trump said lowering tariffs on Chinese goods to 80% “seems right.” Meanwhile, Beijing moved to enforce restrictions on exports of rare-earth metals before this weekend’s talks in Switzerland. But when it comes to the future of electric motors, that might not matter; WSJ tech columnist Christopher Mims tells us about one startup that’s using iron and steel instead. Plus, Newark Liberty International Airport suffers its second tech outage in two weeks. Victoria Craig hosts.
Canadian nationalism might have won the battle, but Trump will win the war.
Earlier this week, newly elected Canadian Prime Minister Mark Carney, a liberal, voted the White House.
Mark Carney ran a campaign emphasizing Canadian nationalism, which successfully won him the election.
However, nothing will negate the undue stresses Canada’s NATO spending shortfalls and trade surplus have on its relationship with the U.S. Now, President Trump is taking him to task, argues Victor Davis Hanson on today’s edition of “Victor Davis Hanson: In His Own Words:”
👉He’s also the host of “The Victor Davis Hanson Show,” available wherever you prefer to watch or listen. Links to the show and exclusive content are available on his website: ≈
The Daily Signal cannot continue to tell stories, like this one, without the support of our viewers: https://secured.dailysignal.com/
This week, the Federal Reserve opted to leave short-term interest rates alone, despite concerns about the rising risks of a weakening U.S. economy. In this episode, we speak with Sudeep Reddy of Politico and Courtenay Brown of Axios about the Fed's latest decision and the current state of trade negotiations. Plus, why NOAA is retiring its billion-dollar disaster database and how New York City is moving to decarbonize its pension fund.
President Trump floated lowering tariffs on Chinese imports to 80%. Major indexes were down for the week despite Thursday’s rally. Plus: Expedia shares dropped after reporting weakening travel demand to and from the U.S. Danny Lewis hosts.
Fed Chair Powell and team want to see more before making changes to interest rates, and automakers are an early sign price increases might be coming in response to tariffs.
(00:21) Tim Beyers and Bill Mann discuss:
- The Fed’s continued wait and see approach to tariff policy, inflation, and interest rate cuts.
- Ford’s warning of tariff impacts, and why MercadoLibre is worth a look amid the macro uncertainty.
- How Uber and DoorDash are both flourishing as they cash in on the delivery market and consumer laziness.
(19:11) Fool contributor Jason Hall talks through his time at Berkshire Hathaway’s annual meeting in Omaha, Warren Buffett’s plans to step down as CEO, and what to expect next from Greg Abel.
(31:12) Bill and Tim break down two stocks on their radar: Apple and Ibotta.
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There's a new Pope in town, the first American. We discuss what we know about the new pontiff.
This week, President Trump says he wants the world to see the United States as a "luxury store." But who can afford it?U.S. ports say the trade war is already slowing traffic. We get to the latest on trade talks.
Also, more on the right to due process and fresh U.S. intelligence that undercuts arguments about the president's power to remove those in the U.S. without legal status to prisons overseas.
The latest as tensions escalate between India and Pakistan. Israel ramps up its war in Gaza. Vice President Vance calls out the Kremlin for stalled efforts to agree a peace deal with Ukraine.
And during his visit to the White House, Canada's newly elected prime minister tells President Trump what's up for debate and what's not for sale.
The News Roundup covers the biggest stories from this week.
AI innovator and OpenAI CEO Sam Altman sees a big problem on the horizon: As AI becomes more and more intelligent, how can anyone tell the humans from the bots? Altman’s World project thinks it has a solution. WSJ’s Angus Berwick unpacks the plan and explores some of the problems that have cropped up during the rollout. Annie Minoff hosts.
You may have grown up hearing the saying “red sky at night, sailor’s delight, red sky in morning, sailor’s warning” - or maybe a variation of it. CrowdScience listener Alison, who sees many dazzling red skies from her home in the Yukon, Canada, certainly did. And now she wonders if the saying is a sensible prediction of coming weather or just another old wives’ tale.
Alison and presenter Anand Jagatia run a little experiment, getting up at the crack of dawn and staying up until dusk for 5 days to record if the sunset and sunrise can predict their local weather.
While we wait for the results, we track this weather proverb back to its ancient roots to find out how important it may have been to the people without satellites or even thermometers to guide them.
We also tap into the expertise of modern-day weather predictors, meteorologists. What are the atmospheric pressure systems that cause red skies, and how do they influence the weather globally? And what exceptions to the rules might turn a trusty old proverb on its head?
Presenter: Anand Jagatia
Producer: Ella Hubber
Series Producer: Ben Motley
The new Pope has Chicago roots, Mayor Brandon Johnson’s housing initiative gets City Council approval, and new candidates crowd the race to replace Sen. Durbin. Reset goes behind those headlines and much more in our Weekly News Recap. This week’s panel features CW 26 reporter Brandon Pope, Chicago Sun-Times reporter Mitchell Armentrout and Chicago Tribune editor Chris Jones.
For a full archive of Reset interviews, head over to wbez.org/reset.
What if the stories and narratives you hear in the average mainstream media reporting aren't the entire truth? What if there's something else going on, a secret war between a shadowy cabal and a small group of brave, outnumbered good guys fighting back against their insidious plans for world domination? This is, according to QAnon proponents, a true story. Join Ben, Matt and Noel as they dive into the origins of this uber-theory, the fact and fiction surrounding it, as well as the implications involved in this week's Classic episode.
