The World in Brief from The Economist - Fed holds rates; Trump announces tariffs on Brazil and India, and more
The Federal Reserve held its benchmark interest rate at 4.25-4.5%.
WSJ Minute Briefing - Federal Reserve Holds the Line on Interest Rates
Fed Chair Jerome Powell signals reluctance about a rate cut at the central bank’s next meeting in September. Plus: Hershey trimmed its annual outlook to reflect higher projected tariff expenses. SoFi Technologies plans a public offering of $1.5 billion of stock. Starbucks’s earnings undershot estimates. And, Visa posted forecast-beating quarterly results. Charlotte Gartenberg hosts.
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WSJ Tech News Briefing - TNB Tech Minute: Airbus Backs Its Guidance After Trump-EU Trade Deal
Plus: Autonomous trucks are now driving highways at night. Tech giants Meta and Microsoft report earnings. Ariana Aspuru hosts.
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WSJ Minute Briefing - U.S. Economy Returns to Growth in the Second Quarter
Plus: President Trump says that India will face a 25% tariff rate starting August 1. And Amazon will pay at least $20 million per year to license content from the New York Times. 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.
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WSJ Tech News Briefing - TNB Tech Minute: Amazon to Pay New York Times at Least $20 Million a Year in AI Deal
Plus: AI finance app, Ramp, is valued at $22.5 billion in funding round. Ariana Aspuru hosts.
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WSJ Minute Briefing - Tsunami Waves Reach Hawaii After Massive Russian Earthquake
Plus: The Fed is expected to hold rates steady, although Chair Powell may face unprecedented dissent today. And, U.S. tariffs weigh on European automakers Porsche and Mercedes-Benz. Azhar Sukri hosts.
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Headlines From The Times - Manhattan Shooting, Humanitarian Crisis, Campus Protests, Abortion Fight, Wildfire Costs, & AI Sashimi
UCLA settles a $6.45 million lawsuit from Jewish students over pro-Palestinian protests they say excluded them from campus life. California and other states sue the Trump administration to keep Planned Parenthood’s Medicaid funding for essential health services. A January wildfire in Los Angeles could cost as much as $51.7 billion in home damages alone. And an El Segundo startup unveils a robot that blends AI and Japanese tradition to make sashimi more humanely and affordably.
Headlines From The Times - Manhattan Shooting, Humanitarian Crisis, Campus Protests, Abortion Fight, Wildfire Costs, & AI Sashimi
UCLA settles a $6.45 million lawsuit from Jewish students over pro-Palestinian protests they say excluded them from campus life. California and other states sue the Trump administration to keep Planned Parenthood’s Medicaid funding for essential health services. A January wildfire in Los Angeles could cost as much as $51.7 billion in home damages alone. And an El Segundo startup unveils a robot that blends AI and Japanese tradition to make sashimi more humanely and affordably.
The World in Brief from The Economist - Britain vows to recognise Palestine unless Israel changes course, and more
Sir Keir Starmer, Britain’s prime minister, said that the country would recognise a Palestinian state in September unless Israel agreed to a ceasefire and a two-state solution.
WSJ Minute Briefing - Stock Indexes Slip as U.S. and Chinese Officials Discuss Extending Tariff Pause
Import duties on Chinese goods could surge about 80% if the pause expires on Aug. 12. Plus: UnitedHealth Group said its earnings for the year will miss expectations. And Novo Nordisk stock plunged after the Ozempic maker cut its guidance. Danny Lewis hosts.
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