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.
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.
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: 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.
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.
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.
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.
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.
P.M. Edition for Aug. 1. The jobs report, which showed sharply lower revised numbers for May and June, may open the door for the Fed to cut interest rates at its next meeting in September. WSJ finance news editor Christina Rexrode joins to discuss. Plus, software company Figma’s stock market debut yesterday saw its stock price jump 250% in its first day of trading, leaving some $3 billion on the table. We hear from Corrie Driebusch, who covers U.S. capital markets for the Journal, about why that happened. And President Trump says he will position two nuclear submarines “in the appropriate regions” in response to criticism from a former Russian leader. Alex Ossola hosts.
A softer-than-expected July jobs report and President Trump’s revamped tariff plan weighs on markets. Plus: Amazon reports disappointing growth. Reddit swings to a quarterly profit on AI improvements. And First Solar’s earnings and revenue guidance beat expectations. Charlotte Gartenberg 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.