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Plus: A federal judge has ruled that Anthropic’s use of books to train its artificial-intelligence models was legal under U.S. copyright law. And FedEx shares are down after the company said tariffs are weighing on its international business. Kate Bullivant hosts.
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A Pentagon report challenges claims that U.S. strikes destroyed Iran’s nuclear program, with experts saying the damage may only set them back a few months. A federal judge orders the Trump administration to hand over records related to military deployments in California. In housing news, Southern California sees its first year-over-year price dip since 2023. And In-N-Out sues a YouTuber for impersonating an employee and posting a prank video the company says spread false and harmful information.
The CEO of Meta has taken the recruitment reins as he tries to address an AI crisis at his company. WSJ technology reporter Meghan Bobrowsky explains that the chief executive is armed with $100-million pay packages to lure top talent. Plus, after years of work, robots are finally able to load and unload a truck. It might seem a basic task, but WSJ reporter Esther Fung tells us why it’s the holy grail of tech innovation.
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Federal Reserve chair Jerome Powell testified before Congress, reaffirming the central bank’s wait-and-see stance on rate cuts. Plus: Uber shares rose after it launched its robotaxi partnership with Waymo. Danny Lewis hosts.
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Plus: AI startup Abridge valued at $5.3-billion. And, the UK’s competition regulator sets out proposals to reign in Google search. Victoria Craig hosts.
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Plus: Federal Reserve Chair Jerome Powell reaffirms wait-and-see posture on rate cuts during Congressional hearings. U.S. consumer confidence slipped in June. And, U.S. home prices rose at the slowest annual pace in nearly two years as mortgage prices continued to stretch affordability. Charlotte Gartenberg hosts.
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Plus: The Supreme Court clears the way for the Trump administration to send migrants facing final deportation orders to countries they aren’t from. And nearly two million student loan borrowers risk having their pay docked by the government this summer. Kate Bullivant hosts.
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President Trump announced on truth social late Monday that Israel and Iran have agreed to a ceasefire deal. Protesters across L.A. rallied against immigration raids, which caused pushback from the LAPD and implemented a downtown curfew. Hollywood may be in crisis, but top executives are still cashing in. Apple just signed a new deal with media mogul Peter Chernin’s ‘North Road Studio’ — a move that could boost its growing presence in Hollywood.
Elon Musk’s Tesla has officially launched its self-driving taxi service in Texas. It’s taking on industry leader Waymo, but there are plenty of hurdles on the road to expansion for both companies. WSJ reporters Becky Peterson and Katherine Blunt give us a state-of-the-industry assessment. Victoria Craig hosts.
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