Category: 4-FrequentNewsStreams

Later today, we'll get sales, profits, losses, and hints of the road ahead from Tesla. But its boss, Elon Musk, has had a lot to juggle as of late: Tesla, government cost-cutting, X, SpaceX, xAI, and now maybe even a new political party. We'll discuss what all of these various priorities mean for Musk, Tesla, and Tesla's shareholders. And later on the program: Could prefab homes help alleviate the housing crisis?

At an artificial intelligence summit in Washington today, we'll learn more about the Trump administration's plans for guardrails to keep a potentially dangerous technology in line. Other topics likely to be addressed include the federal government's use of AI, energy-hungry data centers, loosened export controls on AI chips, and what the administration perceives as anti-conservative bias in tech. Also: what to make of Trump's trade deal with Japan, and what to expect from Tesla's Q2 results.

From the BBC World Service: President Donald Trump has announced a deal with the world's fourth-largest economy. After weeks of tense negotiations, the U.S. will cut its import tax on Japanese cars and parts from 25% to 15%. The U.S., in return, will get $550 billion of investment from Japan. Plus, two former bank traders in the U.K. who allegedly manipulated interest rates have had their convictions overturned, and locals in Spain's Andalusia region are celebrating Sherry with a special competition.

The Damen Silos in McKinley Park on Chicago’s Southwest side serve as a visual reminder of the city’s history as an agrarian trading center. But the process to demolish the silos is now underway. Reset speaks with Kate Eakin, executive director of McKinley Park Development Council, and Chicago journalist Robert Loerzel about the role the silos played in early 20th-century Chicago and what lies ahead for the site and the surrounding neighborhood. For a full archive of Reset interviews, head over to wbez.org/reset.

ProPublica has recently discovered blueprints for an automated computer program that could potentially share millions of IRS taxpayer records with ICE, as the Trump administration continues to step up deportations and criminal investigations. When Marketplace asked for comment about the system uncovered by ProPublica, a senior DHS official cited a recent memorandum of understanding that allowed for the sharing of specific taxpayer info with appropriate safeguards and said descriptions of this system as "surveillance" were "absurd."

Marketplace’s Meghan McCarty Carino spoke with William Turton, one of the reporters on the ProPublica investigation, about how exactly this program would work.

In our news wrap Tuesday, the UN human rights office says Israeli forces have killed more than 1,000 Gazans seeking aid since May, the Trump administration is citing an alleged anti-Israel bias in its decision to again withdraw from UNESCO, the Labor Department proposed rollbacks to workplace regulations and GM posted a 35% drop in quarterly profit dragged down by the impact of tariffs. PBS News is supported by - https://www.pbs.org/newshour/about/funders

President Trump says he reached a trade agreement with the Philippines following a White House visit by its president. The U.S., the Philippines and other Asian allies are increasing their cooperation to counter China, but these partners are also being targeted by U.S. trade policies. Nick Schifrin discussed more with Randall Schriver and Lyle Goldstein. PBS News is supported by - https://www.pbs.org/newshour/about/funders

"Marketplace" host Kai Ryssdal speaks with Greg Ip at the Wall Street Journal about growing threats to the Federal Reserve's independence — and why it matters not just for the U.S. economy, but for financial markets around the world. Plus, why investors are chasing riskier bets, how Subway plans to revive flagging sales and what one city is doing to help robotaxis navigate around emergency vehicles.

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Chicago just saw its most violent non-holiday weekend so far this summer. This comes just three months after local violence prevention groups learned the Department of Justice grants those groups depended on. Despite all that, however, community violence intervention efforts in Chicago are growing, with shootings and homicides down during the first half of 2025. Reset digs into how Chicago can keep up momentum despite federal funding cuts with Vaughn Bryant, executive director of Metropolitan Peace Initiative; Garien Gatewood, deputy mayor of community safety for the city of Chicago; Michael Harris, outreach worker at the Institute for Nonviolence Chicago; and Katie Hill, executive director, University of Chicago Crime Lab. For a full archive of Reset interviews, head over to wbez.org/reset.

Lately, tech companies like Meta have been putting hundreds of billions toward building new data centers to power their AI ambitions. Some communities have been pushing back, however, arguing these facilities strain local resources. But demand for data centers isn’t expected to slow down anytime soon. On the show today, Landon Marston, professor of civil and environmental engineering at Virginia Tech, explains what data centers actually are, why they require so much energy and water to operate, and how they can affect nearby communities. Plus, how can data centers become more sustainable?

Later, reflections on Medicaid cuts and the power of journaling. And, a listener makes us smarter about “100-year floods.”

Here’s everything we talked about today:

• "Their Water Taps Ran Dry When Meta Built Next Door" from The New York Times
• "Coreweave stock pops after company announces $6 billion AI data center in Pennsylvania" from CNBC
• "Meta's Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push" from Reuters 
• "How A.I. Is Changing the Way the World Builds Computers" from The New York Times
• "China Is Putting Data Centers in the Ocean to Keep Them Cool" from Scientific American 

• ”The 100-Year Flood” from the U.S. Geological Survey

  
  

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