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Citing the war in Iran, counterterrorism expert resigns from Trump Administration.
House Committee wants to hear from Attorney General Bondi about handling of Epstein case.
Primary Day in Illinois.
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P.M. Edition for Mar. 17. A top U.S. counterterrorism official resigns over the war with Iran, while Israel said it killed two of Iran’s leaders. We hear from WSJ reporter Anat Peled about Israel’s strategy to take out top leaders of enemy organizations. Plus, the Senate kicks off debate over a voter-eligibility bill called the SAVE America Act. Journal reporter Anvee Bhutani joins us from Capitol Hill to discuss its prospects for becoming law. And social media is buzzing about a new AI tool from Perplexity that some say can rival the functions of the Bloomberg terminal for a lot less money. But tech reporter Isabelle Bousquette reports that Wall Street’s obsession with the terminal means that it may not be so easily replaced. Alex Ossola hosts.
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A former MAGA influencer who saw the underbelly of the immense power and wealth around this administration says never-Trumpers should show compassion for people who are now feeling betrayed by him—and who are starting to have second thoughts about the cult they joined. Ashley, who is the mother of one of Elon's kids, also tells Tim that an increasing number of MAGA women are waking up to the fact that they've been used as pawns in the movement. Plus, Ric Grenell's desperate effort to land a job with Trump, the role of AIPAC in Tuesday's Illinois Democratic primary, and a pending congressional resolution on the West Bank.
Cam Kasky and Ashley St. Clair join Tim Miller.
show notes
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Brent crude closes at more than $103 a barrel. Plus: Uber shares rise after an expanded partnership with Nvidia. Eli Lilly shares fall after HSBC analyst downgrade. 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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Just when you think you have a handle on how a company will react to rising oil prices, Delta Airlines goes and flips the idea on its head. Even though the industry could be facing significant increases in fuel prices, the carrier gave shocking rosy earnings projections at a recent industry event. Plus, Mastercard’s foray into stablecoins and a sample of stories we’re watching
Tyler Crowe, Matt Frankel, and Lou Whiteman discuss:
- Delta’s rosy outlook
- The changes in the airline industry
- Mastercard’s bet to become a crypto payments company
- The wall between fintech and traditional finance crumbling
- Bye bye, quarterly filings
- NVIDIA’s $1 trillion projection
- Who’s gonna insure that data center?
Companies discussed: DAL, AAL, LUV, UAL, BA, MA, V, COF, SOFI, JPM, BAC, TFC, RFC, PNC, NVDA, META, GOOG, AMZN
Host: Tyler Crowe
Guests: Matt Frankel, Lou Whiteman
Engineer: Dan Boyd
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Plus: Microsoft reorganizes its Copilot teams. And Nvidia and Uber will expand their partnership to launch a global fleet of robotaxis. Julie Chang hosts.
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Congress is moving to increase regulation over the crypto industry with the CLARITY Act. But the potential legislation has provoked a big clash between crypto companies like Coinbase and traditional banks over rewards that function a lot like interest. WSJ’s Amrith Ramkumar explores the tension and the impact the new bill could have on both industries. Ryan Knutson hosts.
Further Listening:
- Coinbase’s CEO on the Future of Crypto
- Inside the Trump Crypto Bromance
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Ben, Matt and Noel present a Classic episode: In cities across Canada, the US and other parts of the world, the cost of living continues to rise -- and housing becomes increasingly unaffordable. Rental rates outpace inflation. Owning a home becomes virtually impossible for millions. Economists have debated the usual causes of this crisis for years... but it appears there's a variable many people haven't considered, something a little stranger than domestic supply and demand. Investors from across the planet are pouring money into real estate, not for a home, but as a safe haven for storing cash.
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