Gas prices in California are set to jump this July, with new taxes and refinery rules adding costs at the pump. Meanwhile, illegal fireworks are already lighting up L.A., raising safety and environmental concerns ahead of the Fourth of July. Across the U.S., consumers are pulling back on spending as inflation outpaces income growth, affecting travel, recreation, and more. And in the face of growing energy demands, big batteries are emerging as a key tool in preventing summer blackouts.
WSJ Tech News Briefing - Why Corporate America Didn’t Hesitate to Go All-In on AI
Large companies have, in the past, been hesitant to leap onto every tech innovation and trend. But WSJ’s Steven Rosenbush says the artificial intelligence boom is different. Plus, Waymo is valued at $45 billion dollars, a far cry from Tesla’s $1-trillion valuation. WSJ Heard on the Street columnist Dan Gallagher writes that the launch of Elon Musk’s robotaxis actually shows why Google’s self-driving car company is worth more.
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The World in Brief from The Economist - Russia’s massive air attack on Ukraine; Senate advances Trump’s budget bill, and more
The head of the United Nations’ nuclear watchdog said that Iran could start producing enriched uranium again “in a matter of months”.
The World in Brief from The Economist - Iran buries war dead; Republicans push tax-and-spend bill, and more
A Russian drone struck a residential tower in Odessa, a port city in southern Ukraine, killing two people and injuring at least 14, including three children
The World in Brief from The Economist - Trump’s Supreme Court win; America ends trade talks with Canada, and more
António Guterres, the secretary-general of the UN, said that humanitarian efforts in Gaza were being “strangled”
WSJ Minute Briefing - The S&P 500 and Nasdaq Close at Record Highs
The Commerce and Treasury secretaries say the U.S. is close to securing more trade deals. Plus: Nike stock jumps after better-than-expected earnings. Julia Carpenter hosts.
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WSJ Tech News Briefing - TNB Tech Minute: Trump Halts Canada Trade Talks Over New Tax on American Tech Companies
Plus: Supreme Court upholds Texas law requiring age verification for adult content online. And, New York orders local governments to report cyberattacks within 72 hours. Victoria Craig hosts.
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WSJ Minute Briefing - The S&P 500 Rebounds to New All-Time Highs
Plus: American consumer sentiment was up in June. The U.S. Supreme Court has limited judges’ ability to issue nationwide injunctions against President Trump’s birthright citizenship policy. Julia Carpenter hosts.
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WSJ Minute Briefing - U.S. Finalizes Trade Deal with China
Plus: Senate Republicans push ahead with plans to vote on President Trump’s so-called “Big Beautiful Bill” before next week. And Tesla parts ways with Musk’s top aide, Omead Afshar. Kate Bullivant hosts.
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Headlines From The Times - Supreme Court Medicaid Ruling, Diddy Trial Nears Verdict, Apple’s EU Overhaul, and BBQ Prices Rise
The Supreme Court has ruled that states can block Medicaid patients from using Planned Parenthood, reshaping access to reproductive healthcare. In federal court, Sean “Diddy” Combs’ trial wraps up as the jury prepares to deliberate charges of sex trafficking and racketeering. Meanwhile, Apple rolls out major changes to its App Store in Europe to avoid future antitrust fines, offering lower fees and more flexibility to developers. And in California, Fourth of July cookouts will cost more this year due to inflation, supply issues, and labor disruptions.