P.M. Edition for Nov. 20. Walmart reported strong quarterly earnings and raised its outlook for the year as shoppers across income levels look for value. Plus, a delayed jobs report showed that the U.S. labor market added more jobs than expected in September, but that and strong earnings from Nvidia didn’t assuage jittery investors. WSJ markets reporter Hannah Erin Lang discusses what’s driving today’s market reversal. And a preliminary report into the deadly UPS cargo plane crash earlier this month found signs of metal fatigue and stress in a piece that connected the plane’s left engine to the wing. 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.
Venezuela's leaders are under increasing pressure as U.S. warships stage off the South American country's Caribbean coast. The region is on edge as the U.S. weighs military action. We look at Venezuela’s President Nicholas Maduro’s ability to stay in power over the years and we hear from Venezuelans on the border with Colombia about what they think of the situation.
This week is one of the biggest weeks in earnings as NVIDIA, Home Depot, Lowes, Walmart, and Target all reported earnings. All three provide both a look into the financials of great business and a deeper look into three of the biggest markets: AI, housing, and consumer spending.
Tyler Crowe, Matt Frankel, and Jon Quast discuss:
- Another quarter of monster numbers from NVIDIA
- Home Depot and Lowe's thoughts on the housing and home improvement market.
- Walmart’s quarterly numbers make Target’s management look silly.
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Corporate layoffs have been rolling across American companies: Amazon, General Motors, Verizon, Target and Microsoft have all cut jobs. WSJ’s Chip Cutter takes us inside his conversations with CEOs about how hiring is changing, and what the AI era means for jobs. Ryan Knutson hosts.
The United Nations’ climate summit, COP30, is underway in Brazil. But one country is notably absent: the United States. On today’s show, climate law expert Jennifer Haverkamp joins Kimberly to share her takeaways from COP30 so far and what the United States’ absence means for the future of global climate progress. Plus, the growing debate over whether climate finance should prioritize adapting to climate change or curbing fossil fuels.
Saturn asks about the Longfellow Boom. Good Ol' Russ inspires Ben and Matt to do a Yule Cat prank. Beuford prompts a deep conversation about the First Amendment versus technology. Chef Ben revolutionizes the world with the Enchiladasagna - THE FUTURE IS NOW. All this and more in this week's listener mail segment.
Tim Cook and the other tech titans who dined with bone saw murderer MBS—and who’ve given millions to Trump to knock down our history for his gilded ballroom—expect the people who use their products every day to protect American democracy, while they reap its benefits to freely act against the public’s interest. Meanwhile, Trump’s special envoy is acting like an agent of the Russian government, and POTUS shows yet again that he is not a tough negotiator. Plus, Stephen Miller is spreading fear by design, Trump’s Epstein capitulation is still worth savoring, and Tim shares his postmortem on his Kamala interview.
Chicago Mayor Brandon Johnson says the withdrawal of Texas National Guard troops from Chicago represents “unconditional surrender” by the Trump administration. Meanwhile, alders hand the mayor a massive defeat by rejecting his budget plan. Plus, Illinois debuts digital driver’s licenses. In the Loop dives into those and other top local stories with WBEZ city government and politics reporter Mariah Woelfel, Fox 32 political correspondent Paris Schutz and Chicago Sun-Times opinion pages editor and columnist Rummana Hussain.
For a full archive of In the Loop interviews, head over to wbez.org/intheloop.
