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Plus: A federal trade-court judge says the Trump administration owes more than $130 billion in tariff refunds. And Morgan Stanley fires 2,500 employees. Luke Vargas hosts.
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A.M. Edition for Mar. 5. The Trump administration is on the hook for billions in tariff refunds. WSJ global economics correspondent Tom Fairless says that provides some relief for the more than 2,000 companies who are looking to claw back money they’ve paid in duties. Plus, China cuts its economic growth forecast as it preps for an era of slower expansion. And Europe ups its support for the U.S. war on Iran but many countries remain critical. WSJ’s Max Colchester and Austin Ramzy explain why the strikes on Iran have divided U.S. allies and adversaries equally. Luke Vargas hosts.
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P.M. Edition for Mar. 4. The geography of the U.S.-Iran conflict is expanding: the U.S. shot down an Iranian missile fired at Turkey, and also sank an Iranian ship in the Indian Ocean. Plus, oil prices stabilized today but are still up about 15% this week. We hear from WSJ reporter Benoît Morenne about why American frackers aren’t taking this as their cue to increase supply. And a record number of Americans are tapping into their 401(k)s to pay for emergencies. Alex Ossola hosts.
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The Nasdaq gained 1.3 percent. Plus: Meta share rise on reports of new superintelligence efforts. Katherine Sullivan hosts.
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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.
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Plus: nuclear regulators gave the greenlight for a Bill Gates-backed project to begin construction. And semiconductor tool supplier ASM International posted a better-than-expected finish to its latest quarter. Danny Lewis hosts.
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Plus: An Iranian missile launched at Turkey is shot down. QatarEnergy, the world’s largest producer of liquified natural gas, declares force majeure. And U.S. markets and oil prices stabilize. Alex Ossola hosts.
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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.
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Plus: Kraken becomes the first crypto firm to win access to the Federal Reserve’s core payments system. And OpenAI CEO Sam Altman defended his Pentagon deal during an all-hands meeting. Danny Lewis hosts.
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Plus: South Korean stocks see a record drop as fighting in the Mideast ripples across Asian economies. And James Talarico wins Texas’s Senate Democratic primary. Daniel Bach hosts.
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A.M. Edition for Mar. 4. Israel’s military is targeting sites in Iran connected to the country's police state, in what WSJ correspondent Margherita Stancati says is a strategy aimed at helping enable a popular uprising against Iran’s leaders. Plus, South Korean stocks see a record drop as fighting in the Mideast ripples across Asian economies. And James Talarico wins Texas’s Senate Democratic primary on a message of electability. Luke Vargas hosts.
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P.M. Edition for Mar. 3. Three days after the U.S.-Israeli strikes killed Iran’s supreme leader, Ayatollah Ali Khamenei, President Trump isn’t sure who he wants in power in Tehran. WSJ national security reporter Vera Bergengruen discusses the options he’s presented. Plus, Trump said Iran's military has been largely neutralized, which, as markets reporter Hannah Erin Lang describes, helped markets regain their footing from their earlier drop early today. And the case for going to war with Iran comes under growing scrutiny. We hear from WSJ reporter Alexander Ward about how the administration is talking about why it went to war, and why it matters. Alex Ossola hosts.
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