President Trump gives Mexico more time for trade talks. Plus: Microsoft and Meta Platforms post strong earnings. EBay logs better-than-expected results. And Apple and Amazon post earnings after the bell. Charlotte Gartenberg 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.
Plus: Apple’s iPhone sales blew past estimates as some customers raced to beat potential price increases from tariffs. Amazon posts higher sales and profit in its latest earnings report. And, some tech giants are revising their AI claims after scrutiny from a regulatory group. Ariana Aspuru hosts.
Plus, President Trump extends the existing tariffs on Mexico for 90 days. And the Fed’s preferred gauge for inflation was higher than the bank’s target in June. 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.
Plus: Southeast Asian ride hailing and delivery giant, Grab, is leaning into driverless technologies. Samsung expects AI-fueled earnings improvement after profit drops.. Ariana Aspuru hosts.
California officials urge caution along the coast after an 8.8 earthquake off Russia’s east coast sparks tsunami advisories and beach closures, even as warnings ease by midday. Meanwhile in Ukraine, Russian missile strikes kill three soldiers and wound 18 at a training base near Kyiv. With recruitment challenges mounting and civilian casualties rising, Ukraine faces mounting pressure as President Trump’s peace talks deadline approaches. We cover the latest updates from the Pacific coastline to the front lines in Eastern Europe. LAPD’s quiet cooperation with federal immigration raids sparks debate over civil rights and local trust. Kamala Harris announces she won’t run for California governor, leaving Democrats searching for a strong contender. The U.S. economy shows solid second quarter growth but faces troubling signs ahead, from shrinking imports to rising inflation. And Apple loses another top AI researcher to Meta, deepening concerns over its competitive future. Stay with us for these stories and more from the LA Times.
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.
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.
