Plus: central bankers converge on Jackson Hole for their annual symposium. And, North Carolina declares a state of emergency as Hurricane Erin churns off the coast. Caitlin McCabe hosts.
P.M. Edition for Aug. 20. The president called on Federal Reserve governor Lisa Cook to resign after a housing official alleged she submitted what he called fraudulent information. Economics reporter Matt Grossman discusses how the accusations represent the latest escalation of the White House’s attacks on the central bank. And Wall Street editor Cara Lombardo reports on the billionaire Bill Ackman’s new pet project—the Alpha School makes full use of artificial intelligence while rejecting lessons on diversity, equity and inclusion. Plus, the previously undisclosed North Korean site that could store long-range ballistic missiles capable of striking the U.S. mainland. Pierre Bienaimé hosts.
Plus: Intel shares erase their earlier gains. Retail earnings reports lead to losses for Target’s stock and gains for shares of TJ Maxx’s parent company. Katherine Sullivan 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: Target’s shares fall after the announcement of a new CEO. And the Israeli military plans to begin calling up reservists for an invasion of Gaza City. Pierre Bienaimé 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: OpenAI launches the cheapest ChatGPT plan in India. Overhaul raises $105 million in funding to invest in artificial-intelligence technology and make acquisitions. Ariana Aspuru hosts.
Plus: The Trump administration says immigrants seeking to live and work in the U.S. will now have their social media scrutinized for so-called “anti-American ideologies.” And, Elon Musk backpedals on plans to launch his political party. Caitlin McCabe hosts.