Cassie Ventura’s explosive testimony in the Sean “Diddy” Combs federal trial alleges years of abuse and could prove central to the case. Plus, Governor Gavin Newsom pushes to speed up a $20-billion water tunnel project through the Delta. Walmart, Mattel, and others say new tariffs are forcing price hikes that will hit consumers hard. And Charter announces a $34.5 billion deal to acquire Cox Communications, potentially reshaping the cable TV industry.
The World in Brief from The Economist - Israel’s “extensive” ground operations in Gaza; Russia’s biggest drone strikes on Ukraine, and more
Israel’s armed forces said they had begun “extensive ground operations” in Gaza.
The World in Brief from The Economist - Gaza negotiations resume; Russia bombs Ukraine after talks, and more
Moody’s stripped America of its Aaa credit rating because of worries about the country’s ballooning debt
The World in Brief from The Economist - Republican budget bill blocked; Downgraded peace talks in Turkey, and more
Mr Trump said that America would announce new tariffs in the next “two to three weeks”
WSJ Minute Briefing - U.S. Stocks End the Week Up, Despite Consumer Anxiety on Trade
President Trump said the U.S. will unilaterally set tariffs for many countries, as a new survey showed high levels of consumer anxiety over trade. Plus, Charter Communications agreed to buy rival Cox Communications in a multibillion-dollar deal. And Novo Nordisk shares fell after the Ozempic maker said its CEO will step down. Danny Lewis hosts.
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WSJ Minute Briefing - U.S. Consumer Sentiment Falls in May to Second Lowest Ever
Plus: Charter Communications will merge with Cox Communications in a $21.9 billion deal. And the ICC chief prosecutor takes leave until investigations into sexual assault allegations against him are complete. Zoe Kuhlkin hosts.
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WSJ Minute Briefing - Transit Strike Could Snarl New York-Area Travel
Plus: The new head of FEMA admits to staff he doesn’t have a fully formed disaster-response plan ahead of the hurricane season. And Bayer could put its U.S. subsidiary into bankruptcy if its Roundup lawsuit settlement plan fails. Luke Vargas hosts.
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WSJ Minute Briefing - Oil Prices Sink After Trump Touts Iran Talks
Plus: Apple shares edge down after President Trump scolds CEO Tim Cook. UnitedHealth Group shares fall on WSJ report of Medicare fraud investigation. Foot Locker’s stock soars on deal with Dick’s Sporting Goods. Ariana Aspuru hosts.
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WSJ Minute Briefing - Walmart Becomes the Biggest Retailer to Raise Prices Due to Tariffs
Plus: Coinbase says cybercriminals stole customer data and sought ransom. And Federal Reserve chair Jerome Powell says the Fed is adjusting its policy framework due to changes in inflation and interest rates since 2020. Ariana Aspuru hosts.
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WSJ Minute Briefing - Trade Talks Speed Up Between the U.S. and E.U.
Plus: The Justice Department is investigating UnitedHealth Group for possible Medicare fraud. And Dick’s Sporting Goods nears a deal to buy Foot Locker for roughly $2.3 billion. Kate Bullivant hosts.
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