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AI chatbots have a tendency to flatter users—a term called AI “sycophancy.” And while it feels good, you may pay a high price for that praise. Malihe Alikhani, an assistant professor of AI at Northeastern University’s Khoury College of Computer Sciences, joins us to explain the risks. Plus, should you keep your digital secrets in a digital safe? Belle Lin hosts.
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Investors increase their bets that the Federal Reserve will cut interest rates in September. Plus: Palantir reports $1 billion in revenue and boosts its outlook. Anthony Bansie 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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P.M. Edition for Aug. 4. Tesla’s board has approved an interim pay package for CEO Elon Musk to incentivize him as he is dividing his time between several companies, with plans for a longer-term pay strategy. WSJ special writer Theo Francis reports that Musk wouldn’t be the only chief executive to enter the exclusive club of gaining stock-based pay worth more than $1 billion in a single year. Plus, though President Trump only signed his tax-and-spending megabill into law last month, some companies are already starting to feel the impact by having more cash on hand. We hear from the Journal’s Heard on the Street columnist Jonathan Weil about what that means for companies, their investors and the federal deficit. And as consumer spending stagnates, Americans are on the hunt for a good deal. WSJ corporate news reporter Katherine Hamilton discusses how U.S. consumers are trying to save money, and how companies are responding. Alex Ossola hosts.
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Plus: U.S. bid to compete in AI with China faces first trial. Tesla stock rises after CEO Elon Musk gets multibillion-dollar stock award. And Spotify to increase premium subscription prices in regions around the globe. Julie Chang hosts.
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Plus: Eric Trump and Donald Trump Jr. are backing a SPAC that aims to merge with companies ”revitalizing domestic manufacturing.” And Spotify says it will be raising its premium subscription prices. Pierre Bienaimé 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: Foxconn to convert EV plant to make AI hardware. Joby Aviation will acquire Blade Air Mobility unit for up to $125 million. Ariana Aspuru hosts.
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Plus: Texas Democrats flee the state in a bid to stop a GOP redistricting. And, UBS sheds another legal case it inherited as part of its acquisition of Credit Suisse. Azhar Sukri hosts.
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A.M. Edition for Aug 4. China has gained leverage over the U.S. military supply chains by choking off the exports of critical minerals to Western defense companies. The WSJ’s Jon Emont explains how these restrictions from China will have significant consequences for the U.S. military. Plus, the Trump administration defends the president’s decision to fire the head of the Bureau of Labor Statistics, following Friday’s weaker-than-expected jobs numbers. And, dozens of Texas House Democrats flee the state in a bid to block Republican plans to redraw the state’s congressional map. Azhar Sukri hosts.
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We are in the heat of the summer travel season, and many travelers are finding that it’s getting more expensive to take a vacation. Airlines, whose hopes for this year were rattled by tariff uncertainty, have started adapting to more upscale consumers; Southwest, for example, has adopted new bag fees and started selling tickets with assigned seats. Hotels are seeing a decline in foreign visitors as domestic travelers scale back their plans, even as short term rental services like Airbnb are broadening their offerings to include services.
Allison Pohle covers travel and tourism for the Wall Street Journal, and she joins host Alex Ossola to discuss how travel is looking different these days, and what this means for travel in the future.
Further Reading:
Europe Is Out. Road Trips Are In. Welcome to the Scaled-Back Vacation.
Airlines Are Having a Bruising Year. Delta and United Are Doing Better.
New York City’s Hotel Market Is Envy of the Country
Airbnb Lets You Add a Private Chef to Your Rental. Your Host Might Not Like It.
Where Did All the Las Vegas Tippers Go?
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Is Novo Nordisk losing its lead in the weight-loss market? And what caused Meta’s shares to jump? Plus, why did shoppers rush to buy Apple’s iPhones? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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