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Nvidia and other AI-linked stocks lead a broad market retreat. Plus: Caterpillar says it expects to take a bigger hit from tariffs. And we report Kraft Heinz is closing in on a plan to break itself up. Alex Ossola hosts.
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Plus: PepsiCo charges ahead with zero-emission trucks. And BYD reports rise in first-half net profit. Julie Chang hosts.
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DEK: Plus: U.S. inflation persisted above the Fed’s target in July. President Trump revokes Kamala Harris’s Secret Service protection. Alex Ossola hosts.
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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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Plus: competition in China’s food-delivery industry shows up in Alibaba Group’s results. And Dell Technologies raises full-year outlook amid strong AI demand. Julie Chang hosts.
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Plus: The Trump administration’s trade policies are starting to hit Americans’ wallets as a number of retailers raise prices. And, Caterpillar shares dip in offhours trading after the company says tariffs will have a bigger impact on its bottom line than previous estimates. Azhar Sukri hosts.
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Russia launched one of its largest airstrikes on Kyiv since the war began, killing at least 18 and injuring dozens, with missiles striking government buildings and international offices. In Southern California, three high schools forfeited volleyball matches rather than face a team with a transgender athlete, thrusting a 17-year-old student into the spotlight of a national debate. California’s Attorney General announced a reform agreement with the Torrance Police Department after a racist text scandal exposed nearly a dozen officers. Meanwhile, federal officials say immigration raids will “ramp up” in Los Angeles and other sanctuary cities, with Chicago possibly next on the list. In business, AI company Anthropic settled a copyright lawsuit with authors and a Stanford study found entry-level coders face steep employment outlooks as AI adoption spreads.
If a regular web search isn’t doing it for you, and even a generative artificial intelligence chatbot response leaves you wanting more — you could try “deep research.” Our personal tech columnist tried it out and breaks down how it works. But those queries come at an environmental cost. In a new report Google is detailing how much energy a single query uses. Julie Chang hosts.
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