Plus, the White House says October employment and inflation data are unlikely to be released. And a new malaria drug promises to beat resistant strains. Caitlin McCabe hosts.
P.M. Edition for Nov. 12. The House of Representatives is set to vote this evening on a spending bill that would end the longest government shutdown in U.S. history. WSJ reporter Anvee Bhutani walks us through what’s in the bill. Plus, Federal Reserve officials are divided as to whether it’s inflation or the labor market that is the bigger threat to the U.S. economy, stoking division ahead of the Fed’s December meeting. Journal chief economics correspondent Nick Timiraos explains what the disagreements mean for a possible rate cut. And the U.S. has minted its last pennies. 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.
Economists and investors have long turned to copper as a reliable economic indicator: High prices meant the economy was humming, and low prices meant it wasn’t. That’s in part because copper is useful for so many economic activities. In fact, copper was considered such a good signal that investors gave it a nickname—Dr. Copper. But now, as high demand and tariffs affect copper prices, is the commodity’s relationship with the economy becoming blurry? Host Alex Ossola discusses this with Dec Mullarkey, head of investment strategy and asset allocation at SLC Management. This is part two of our four-part series on alternative economic indicators.
Plus: Chevron becomes more serious about entering the power business. And Toyota opens a $14 billion battery plant in North Carolina. Zoe Kuhlkin 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: Infineon shares jump after forecasting a return to sales growth on booming AI demand. And Foxconn plans to collaborate with OpenAI. Zoe Kuhlkin hosts.
Plus, the White House explores new rules that would upend shareholder voting. And President Trump moves to drill baby drill, off the coast of California. Caitlin McCabe hosts.