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Health savings accounts cover at least 60 million Americans. Under the tax-and-spending bill’s proposed changes, another 20 million Americans could access these accounts’ tax savings. Host Julia Carpenter talks with tax reporter Laura Saunders about the most important changes in the bill.
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Plus: Warner Bros. Discovery shareholders reject a multi- million dollar package for chief executive David Zaslov and his leadership team. And Reddit sues Anthropic saying the AI company used its data without a licensing agreement. Anthony Bansie hosts.
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P.M. Edition for June 4. Dollar General and Dollar Tree have reported bumper first-quarter earnings. WSJ reporter Suzanne Kapner joins to discuss what that shows about consumers, and about the state of the U.S. economy. Plus, the Congressional Budget Office estimates that President Trump’s tax-and-spending megabill would add $2.4 trillion to the U.S. deficit, as Republican senators are demanding changes that could alter its price tag. We hear from WSJ tax policy reporter Richard Rubin about how the bill might shift. And the Trump administration threatens Columbia University’s accreditation. Alex Ossola hosts.
What’s News in Earnings: Retailers Scramble to Respond to Tariffs
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Plus: U.S. private-sector hiring is at its slowest pace in more than two years. And Iran’s supreme leader Ayatollah Ali Khamenei rejects a U.S. nuclear deal offer. Anthony Bansie hosts.
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Plus: Automakers fear China’s rare-earth magnet export controls may halt car production within weeks. And federal regulators have moved to lift an asset cap placed on Wells Fargo back in 2018. Kate Bullivant hosts.
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A.M. Edition for June 4. President Trump’s tariffs on imported steel and aluminum jumped overnight, leading industry players to warn of price increases and potential shortages. Plus, Journal finance editor Alex Frangos discusses the Federal Reserve’s decision to lift its longstanding cap on Wells Fargo’s assets, imposed as punishment for a fake-accounts scandal. And American Clean Power Association CEO Jason Grumet weighs in on the debate over phasing out clean-energy tax credits that’s dividing some Senate Republicans. Luke Vargas hosts.
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GLP-1s like Ozempic and Wegovy are no longer in short supply, yet they still can cost more than $1,000 a month out of pocket. Wall Street Journal contributor Cheryl Winokur Munk joins host Callum Borchers to dig into why some people pay much more for weight-loss drugs than others.
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Nasdaq turns positive for the year for the first time since February. Plus: Nvidia overtakes Microsoft to become the largest U.S.company by market cap. And shares of Dollar General surge after the discount retailer raises its outlook. Danny Lewis hosts.
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P.M. Edition for June 3. As the U.S. debt grows—and with the “big, beautiful” spending bill set to push it even higher—some on Wall Street are warning that the debt level might soon be unsustainable. And, though it’s not the first time we’ve heard such warnings, WSJ investing columnist Spencer Jakab joins to discuss why this time they’re worth listening to. Plus, Elon Musk criticizes President Trump’s tax-and-spending bill, calling it a “disgusting abomination.” And the White House sends a $9.4 billion rescissions package to Congress codifying cuts identified by Musk’s Department of Government Efficiency. WSJ reporter Jasmine Li talks about what the package includes, and the president’s broader goal behind it. Alex Ossola hosts.
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Plus: Dollar General raised its full year sales outlook. And Israeli troops shot at Palestinians in southern Gaza on their way to an aid distribution site. Anthony Bansie hosts.
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