Plus: Foxconn to convert EV plant to make AI hardware. Joby Aviation will acquire Blade Air Mobility unit for up to $125 million. Ariana Aspuru hosts.
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WSJ Minute Briefing - Trump Administration Defends Firing of Labor Statistics Head
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.
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WSJ What’s News - China Restricts Critical Minerals to Western Defense Companies
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.
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WSJ What’s News - How Summer Travel Is Changing
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.
Further Reading:
Europe Is Out. Road Trips Are In. Welcome to the Scaled-Back Vacation.
Airlines Are Having a Bruising Year. Delta and United Are Doing Better.
New York City’s Hotel Market Is Envy of the Country
Airbnb Lets You Add a Private Chef to Your Rental. Your Host Might Not Like It.
Where Did All the Las Vegas Tippers Go?
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WSJ What’s News - What’s News in Markets: Novo Tumbles, Meta Soars, Apple Sells
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.
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WSJ Your Money Briefing - What’s News in Markets: Novo Tumbles, Meta Soars, Apple Sells
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.
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WSJ What’s News - Trump Orders Firing of Statistics Head After Weak July Jobs Report
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.
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WSJ Minute Briefing - Weak Jobs Report and Tariff Blitz Push U.S. Stocks Lower
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.
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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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WSJ Tech News Briefing - TNB Tech Minute: Noma Security Raises $100 Million to Keep AI Agents in Check
Plus: Apple said it would substantially increase capital expenditures. Palantir was awarded a $10 billion dollar, 10-year federal contract. Ariana Aspuru hosts.
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WSJ Your Money Briefing - What’s News in Earnings: How Logistics Operators Are Navigating Trade War Turmoil
Bonus Episode for Aug. 1. Logistics companies that deliver the goods you use everyday are grappling with rapid shifts in freight demand due to President Trump’s trade war. Warehouse operator Prologis, trucking giant J.B. Hunt and parcel carrier United Parcel Service are also still dealing with a yearslong slump in freight demand following the pandemic. Elsewhere in the industry, railroad giants Union Pacific and Norfolk Southern plan to merge in a deal that would create the first coast-to-coast rail operator in U.S. history. WSJ reporter Esther Fung discusses what companies are saying in earnings reports and analyst calls.
Liz Young hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
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