Plus, Eli Lilly reports dramatic weight loss in a clinical trial of a next-generation obesity drug. And the U.S. trade deficit fell to a five-year low in September. Pierre Bienaimé hosts.
Plus: Oracle stock is on pace for its worst day since January. And smartphone and laptop makers will face a squeeze from the renewed rise in memory prices, warns research firm TrendForce. Julie Chang hosts.
Plus: The Senate prepares to vote on competing healthcare plans from Republicans and Democrats. And shares of Oracle slide over concerns about its AI spending. Luke Vargas hosts.
A.M. Edition for Dec. 11. The U.S. proposals have sparked an intense battle at the negotiating table, with WSJ security correspondent Benoit Faucon saying the outcome is set to profoundly alter Europe’s economic map. Plus, the U.S. wants more tourists to show their social-media history before they enter the country. And, it’s decision day for Republican Senators as the chamber prepares to vote on saving Obamacare subsidies. Luke Vargas hosts.
P.M. Edition for Dec. 10. The Federal Reserve cut interest rates by a quarter point, as concerns about the cooling job market outweighed stalled progress on curbing inflation. Plus, investors are betting that higher bids are coming in the Hollywood megadeal for Warner Bros. WSJ reporter Ben Dummett walks us through the signs, and who investors are betting on to take home the prize. And Nobel laureate María Corina Machado snuck out of Venezuela by boat in an effort to claim her Peace Prize in Norway. Alex Ossola hosts.
For more analysis on the Federal Reserve’s decision, go to wsj.com/video.
Investors took Fed Chair Jerome Powell’s comments as more dovish than expected, raising hopes for more rate cuts next year. Plus: EchoStar shares surged after striking a deal with SpaceX. And stock in Amazon advanced after it announced plans to invest $35 billion in India. Danny Lewis 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: A new estimate from the United Nations finds that global trade has continued to grow this year, despite the threat of tariffs. And Nobel laureate María Corina Machado left Venezuela yesterday in an effort to collect her Peace Prize. 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: Investors are pricing in an almost 90% chance that the Federal Reserve will lower interest rates later today. And Eileen Higgins becomes the first Democrat elected as Miami’s mayor in almost three decades. Luke Vargas hosts.