Plus: Palo Alto Networks is in talks to acquire Israeli cybersecurity provider, CyberArk Software. JPMorgan Chase nears a deal to take over Apple’s credit-card program. Ariana Aspuru hosts.
Plus: JPMorgan Chase nears a deal to take over Apple’s credit-card program. And U.S. consumers’ economic mood improved this month, but they remained concerned about tariffs and the labor market. Pierre Bienaimé hosts.
Plus: Spotify gains subscribers, but reports a loss for the second quarter. And, EssilorLuxottica’s stock value increased after executives were upbeat about its Meta smart-glasses partnership. Ariana Aspuru hosts.
Plus: Famine is now unfolding in Gaza, according to experts. And, premiums for Medicare drug plans are set to increase sharply next year. Kate Bullivant hosts.
A.M. Edition for July 29. At least sixteen children under five have died of hunger-related causes since mid-July, according to the UN-supported group the IPC. WSJ correspondent Margherita Stancati says it’s the most dire assessment of conditions in Gaza since the war began. Plus, in Midtown New York a lone gunman has killed four people including a police officer and a Blackstone executive. And, we look at how the Trump administration is looking to borrow 1 trillion dollars with a deluge of new government debt. Azhar Sukri hosts.
Between a yearslong white-collar hiring slump and recession worries, the labor market was already fragile for young college graduates. Now, artificial intelligence threatens to completely upend it. Plus, why you might want to wait on buying a new iPhone this summer. Belle Lin hosts.
P.M. Edition for July 28. Business leaders on both sides of the Atlantic welcomed a trade deal between the U.S. and European Union, despite pushback from Europe. WSJ White House economic policy reporter Brian Schwartz discusses how the deal came to be and the reaction from around the world. Plus, workforces are getting smaller and CEOs want everyone to know. WSJ’s Chip Cutter explains why companies are bragging about staff reductions. And is Dubai chocolate the next pumpkin spice? WSJ’s Owen Tucker-Smith talks about the latest food craze and its possible staying power. Sabrina Siddiqui hosts.
The agreement removed the risk of an all-out trade war, but critics said it could weigh on already-sluggish economic growth in Europe. Plus: Boeing shares rose after the deal restored tariff exemptions for the aerospace sector. And stock in Tesla rallied after Elon Musk announced a deal with Samsung for artificial intelligence chips. Danny Lewis hosts.
Plus: President Donald Trump says Russia has 10 or 12 days to reach a cease-fire with Ukraine or face more economic pressure. And the leaders of Thailand and Cambodia have agreed to a cease-fire after deadly clashes at their border. 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.