Plus: The Trump administration’s trade policies are starting to hit Americans’ wallets as a number of retailers raise prices. And, Caterpillar shares dip in offhours trading after the company says tariffs will have a bigger impact on its bottom line than previous estimates. Azhar Sukri hosts.
A.M. Edition for Aug 29. Alibaba’s new chip will be made in China and seeks to offer an alternative to Nvidia’s H20, as local companies work to build up an arsenal of homegrown technology. Plus, President Trump’s trade policy, as well as higher commodity costs, are starting to trickle down to Americans’ wallets, with a number of major U.S. firms saying they are raising prices on household staples. And WSJ columnist James Mackintosh explains why markets aren’t panicking about President Trump’s efforts to remove the Federal Reserve’s Lisa Cook. Azhar Sukri hosts.
If a regular web search isn’t doing it for you, and even a generative artificial intelligence chatbot response leaves you wanting more — you could try “deep research.” Our personal tech columnist tried it out and breaks down how it works. But those queries come at an environmental cost. In a new report Google is detailing how much energy a single query uses. Julie Chang 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.
P.M. Edition for Aug. 28. The Treasury Department has put out a report about a Chinese money laundering network that has moved billions of dollars through U.S. banks, and how that money is being used to support criminals like Mexican drug cartels. WSJ reporter Dylan Tokar joins to discuss how the network functions, and what the Trump administration is planning to do about it. Plus, Federal Reserve governor Lisa Cook files a lawsuit over President Trump’s attempt to fire her. And starting at midnight tonight, shipments of goods to the U.S. worth $800 or less will be subject to tariffs. We hear from Journal reporter Esther Fung about who will be footing the bill. Alex Ossola hosts.
Plus: Best Buy posts surprise sales increase as consumer spending on electronics held up despite higher prices. And CrowdStrike swung to a loss in the second quarter. Julie Chang hosts.
Plus: The eurozone’s economic outlook fell in August. Russia launches its deadliest attack on Ukraine since Trump’s Alaska summit with Putin. 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.
Plus: President Trump fires a member of the railroad regulator that’s evaluating a merger between Union Pacific and Norfolk Southern. And, BYD outsells Tesla in Europe. Azhar Sukri hosts.
A.M. Edition for Aug 28. Nvidia posts another record quarter, but Journal Heard on the Street columnist Dan Gallagher says its $4 trillion-plus valuation sets an awfully high bar that even strong numbers don’t always meet. Plus, The White House says it has fired the director of the Centers for Disease Control, following clashes with Robert F. Kennedy Jr. over the agency’s guidance on vaccines. And WSJ economics reporter Justin Lahart unpacks new research that shows AI’s effect on job prospects for young Americans. Azhar Sukri hosts.