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Plus: Chinese automaker BYD posts disappointing earnings amid intense competition and regulatory pressure. And Universal Music Group signs a deal with AI music startup Udio. Zoe Kuhlkin hosts.
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Plus: President Trump has ordered the Pentagon to begin testing America’s nuclear weapons on “an equal basis” with Russia and China. And, Universal Music settles a copyright dispute with artificial intelligence music generator Udio. Caitlin McCabe hosts.
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A.M. Edition for Oct. 30. President Trump and Chinese leader Xi Jinping emerged from their first face-to-face meeting in six years with a temporary truce in their trade fight. WSJ’s Meridith McGraw explains what the superpowers’ agreement entails. Plus, Trump says the U.S. will begin testing nuclear weapons on an “equal basis” with Russia and China. And, WSJ’s Katherine Clarke details why the Hamptons luxury housing market is staging a comeback for the ages. Caitlin McCabe hosts.
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P.M. Edition for Oct. 29. The Fed cut interest rates by a quarter percentage point today, as was widely expected. But comments from Fed Chair Jerome Powell cast doubt on another cut in December. WSJ chief economics commentator Greg Ip joins to discuss. Plus, a trio of big tech companies report quarterly earnings that exceed analyst expectations… mostly. And a Senate proposal to raise the limit on insured deposits is creating surprising political alliances—and, as WSJ reporter Dylan Tokar explains, would be a nightmare scenario for the nation’s biggest banks. Alex Ossola hosts.
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U.S. stocks close mixed after Federal Reserve Chair Jerome Powell’s comments following new rate cut. Plus: Nvidia sets a market cap record. And strong Google earnings send the stock higher after the bell. Microsoft and Meta also report. 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: GM will lay off more than 3,300 workers at EV and battery plants. And Amazon Web Services plans to invest an additional $5 billion dollars in South Korea to build new AI data centers. Julie Chang hosts.
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Plus: Boeing books a nearly $5 billion charge after pushing back its 777X jet deliveries to 2027. And Israel says the cease-fire is back on after launching dozens of airstrikes. Zoe Kuhlkin 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: Verizon’s profit and revenue rise in the third quarter, but postpaid phone losses continue. And Paramount will cut roughly 2,000 workers across the company. Zoe Kuhlkin hosts.
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Plus: Amazon Web Services plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country. And, Hurricane Melissa makes landfall in Cuba, a day after hitting Jamaica. Caitlin McCabe hosts.
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A.M. Edition for Oct. 29. It has been a tough month for the white-collar workforce, as companies including Amazon, United Parcel Service and Target all announced layoffs. WSJ’s Chip Cutter explains how a new normal is emerging for a leaner workforce, driven in part by artificial intelligence. Plus, the Federal Reserve will announce its latest policy decision today. WSJ’s Nick Timiraos explains what central bankers are weighing amid a government shutdown that is leaving a gap in the official data. And, with over three thousand billionaires on the planet, Americans are dominating their collective wealth. Caitlin McCabe hosts.
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