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After squeaking through the chamber, President Trump’s tax-and-spending bill now goes back to the House. Plus: Tensions between Trump and Elon Musk flare again, sending Tesla shares skidding. And AMC Entertainment reaches an agreement with creditors to reduce debt and secure new financing. Danny Lewis hosts.
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Plus: The Elon Musk-Donald Trump feud reignites over Republicans’ tax-and-spending bill. And robots are about to outnumber humans in Amazon warehouses. Katie Deighton hosts.
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Plus: Fed Chair Jerome Powell cites a solid economy in keeping a wait-and-see stance on interest-rate cuts. And Boeing names a permanent CEO of its defense, space and security business. Anthony Bansie hosts.
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Plus: Canada withdraws digital tax in bid to salvage U.S. trade discussions. And China’s manufacturing activity declines for a third straight month. Luke Vargas hosts.
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Sean “Diddy” Combs’ defense team pushes back on racketeering and trafficking charges, with legal experts saying a guilty verdict isn’t guaranteed. Meanwhile, the Trump administration accuses Harvard of failing to protect Jewish students from antisemitic abuse and warns it could lose federal funding. In California, Blue Shield faces criticism for moving its parent company out of state — a change approved quietly by regulators. And President Trump says he won’t extend a pause on global tariffs beyond July 9, urging countries to cut deals or face steep new trade penalties.
Iran’s already-precarious financial system was brought to its knees by Israel-aligned hackers. The WSJ’s Angus Berwick walks us through the cyberattack. Plus: Research suggests companies should pause before promoting the AI in their AI-powered products and services. Katie Deighton hosts.
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The S&P 500 and Nasdaq both end the quarter at new highs. Plus: Robinhood Markets shares surged after it launched new cryptocurrency services. And shares of building-products distributor GMS jumped after Home Depot won a bidding war to buy the company. Danny Lewis hosts.
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Plus: Apple delays rolling out some features to European users. And Robinhood launches new crypto services. Katie Deighton hosts.
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Plus: Senate Republicans kick off a marathon session to pass the “big, beautiful” tax-and-spending bill by July 4th. And Robinhood Markets makes a big push into crypto. Alex Ossola hosts.
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