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Investor expectations for a rate cut fueled the rise. Plus: Paramount Skydance prepares a bid for Warner Bros. Discovery. And online-housing platform Opendoor’s stock climbs after naming a new CEO. Katherine Sullivan 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: Opendoor’s meme frenzy continues after its new CEO is named. And the immigration raid at Hyundai Motor’s Georgia battery plant will delay construction by months, CEO says. Julie Chang hosts.
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Plus: Consumer prices in the U.S. were up 2.9% in August from a year earlier. The European Central Bank leaves its key deposit rate at 2% for the second consecutive meeting. Pierre Bienaimé 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: Cox Automotive says initial estimates show EV sales in the U.S. hit a record last month. And Vista Equity Partners backs U.K. tech company Joblogic. Julie Chang hosts.
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Plus: Mexico announces plans to raise tariffs on imports of key goods from countries with which it doesn’t have an existing trade agreement. And, one of President Trump’s top advisors moves one step closer to joining the Federal Reserve. Kate Bullivant hosts.
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Charlie Kirk was shot and killed at Utah Valley University, sparking a shelter-in-place search for a suspect. Poland says it downed multiple Russian drones that violated its airspace, prompting NATO consultations. In Los Angeles, two women’s remains were found in separate towed cars. In business, Rivian will lay off about 200 employees as federal EV tax credits expire and DoorDash will test warehouse-based drone deliveries in San Francisco.
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Plus: An Oracle rally boosts AI stocks, and Klarna gains on its debut. Katherine Sullivan 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: Klarna shares soar 20% in NYSE debut. And PsiQuantum secures $1 billion in funding, reaching a $7 billion valuation. Julie Chang hosts.
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