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Plus: Construction on a big wind project off New York’s coast is back on, after an abrupt about-face by the Trump administration. And Biotech firm Regeneron has agreed to buy 23andMe out of bankruptcy for $256 million dollars. Kate Bullivant hosts.
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The major indexes ticked up for the first trading day since Moody’s Ratings downgraded the U.S.’s credit rating on Friday. Investors are also getting nervous about President Trump’s tax bill as it advances through congress. Plus: UnitedHealth Group notched its second day of gains in a row. Danny Lewis hosts.
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P.M. Edition for May 19. To meet their self-imposed deadline of Memorial Day, House Republicans are facing a tug of war over spending cuts. Siobhan Hughes, who covers Congress for WSJ, discusses the major points of contention and where the bill goes from here. Plus, President Trump wants the U.S. to be a manufacturing powerhouse, even though hundreds of thousands of manufacturing jobs are currently unfilled. We hear from Journal economics reporter Chao Deng about what makes those jobs less appealing to workers, and what manufacturers are doing to try to woo them. And the U.S. Supreme Court allows the Trump administration to strip Venezuelan migrants of their legal status. Alex Ossola hosts.
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Plus: Commerce Secretary Howard Lutnick is handing ownership of Cantor Fitzgerald, the Wall Street firm he ran for over three decades, to his children. And Regeneron Pharmaceuticals is buying 23andMe out of bankruptcy, raising privacy concerns. Charlotte Gartenberg hosts.
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Plus: Nvidia is working with Foxconn to build an AI supercomputer in Taiwan. And NJ Transit says rail operations will resume tomorrow, after reaching a tentative agreement with union leaders. Kate Bullivant hosts.
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A.M. Edition for May 19. Former President Joe Biden and his family are reviewing treatment options with his doctors, as representatives say the disease has spread to his bones. Plus, Israel says it will start allowing aid into Gaza for the first time in months, as the Israeli military expands its ground operation in the enclave. And Journal foreign correspondent Georgi Kantchev on what to expect from President Trump’s phone call with Vladimir Putin today after Russia unleashed a drone barrage on Ukraine. Azhar Sukri hosts.
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Many U.S. shoppers know Target as a place to get everyday items like groceries and paper towels, as well as clothes and homegoods. But recently some shoppers have stopped buying things at Target as part of boycotts over its pullback from policies around diversity, equity and inclusion. In the first episode of this special What’s News series, host Alex Ossola digs into how Target got here: the company’s history and why shoppers are upset with Target in particular at a moment when many other companies are also changing their DEI policies.
In your feed, you can find the second episode of this series, looking into the boycotts’ impact on Target’s business and on those of Black entrepreneurs with products on Target’s shelves.
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After Target rolled back its goals around diversity, equity and inclusion, several organizers across the U.S. launched boycotts. In the second episode of this special What’s News series, we zoom in on the boycotts’ potential impact on Target’s business and on those of Black entrepreneurs with products on Target’s shelves. Host Alex Ossola and producer Jess Jupiter travel to Atlanta to see how one boycott, Target Fast, is going, and what things are like at one Bullseye Black Market for Black entrepreneurs. And we consider how effective boycotts are at pushing companies to change.
In your feed, you can find the first episode of this series, looking into Target’s history and why shoppers are upset with the company at a time when many other businesses are also changing their DEI policies.
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Which companies got a boost from the trade truce between the U.S. and China? And how did UnitedHealth shares respond to a week of bad news? Plus, what was the reaction to news of Dick’s Sporting Goods acquisition of Foot Locker? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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P.M. Edition for May 16. The University of Michigan’s preliminary consumer-sentiment index fell to 50.8 in May. WSJ economics reporter Chao Deng says the data surprised economists, and reflect fears of higher prices driven by sweeping tariffs. And higher education reporter Sara Randazzo says President Trump’s funding cuts have delivered a broad hit to universities from the Ivy League to state schools. Plus, Boeing will avoid prosecution over violating an earlier criminal settlement under a tentative deal with the Justice Department. Pierre Bienaimé hosts.
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