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Plus: Larry Ellison provides personal guarantee for Paramount’s bid for Warner Bros. Discovery as Netflix lines up bank financing for its own offer. And Baidu partners with Uber and Lyft for robotaxis in the U.K. Julie Chang hosts.
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With employment fundamentals so weak, the real way to increase home sales is to cut prices further. That, of course, is not what sellers want to hear.
Original article: https://mises.org/power-market/home-prices-and-sales-fall-can-sellers-count-lower-interest-rates
The holiday travel period is upon us. AAA expects 122 million people will drive or fly somewhere to celebrate. Now, we have some good news and some bad news: For drivers, lower gas prices mean a cheaper holiday season. But other travel-related expenses, like car rentals, hotel stays, and flights, are pricier. Then, Jim Beam is pausing production at a Kentucky facility, and more consumers are utilizing AI to help with holiday shopping.
U.S. Coast Guard in pursuit of a tanker of Venezuela. Widespread reaction to partial release of Epstein files. Russian general assassinated. CBS News Correspondent Peter King has those stories and more on the World News Roundup podcast.
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From the BBC World Service: One of the most famous names in American whiskey, Jim Beam, says it will halt production at its main facility in Kentucky for all of next year. Like many distillers in the U.S., it's facing pressure from retaliatory tariffs and weaker consumer demand. We'll learn more. Then, the price of gold has once again hit a record high. 2025 has been a remarkable year for precious metals. Will the momentum continue?
Plus: One of Elon Musk’s old enemies joins the race to run General Motors. And the third “Avatar” movie opens to about $345 million worldwide, well below the second film’s $435 million. Daniel Bach hosts.
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The U.S. Coast Guard is pursuing an oil tanker in the Caribbean that it says has links to Venezuela. The Department of Justice has released a limited number of files related to convicted sex offender Jeffrey Epstein. And, an analysis by NPR finds thousands of immigrants without legal status aren’t showing up to immigration court, leading to a rise in deportation removals.
(00:00) Cold Open
(01:37) Introduction
(02:34) Coast Guard Pursues Tanker
(06:53) Epstein Files Release
(10:42) Immigration Court No-Shows
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It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas.
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A.M. Edition for Dec. 22. Congress breaks for the holidays without renewing enhanced ACA subsidies. The WSJ’s Sabrina Sidiqui explains what could break the impasse, as millions face higher healthcare premiums and lingering uncertainty. Plus, after seizing a second tanker over the weekend, the U.S. Coast Guard hunts another ship involved in moving Venezuelan oil. And a former Tesla staffer who clashed with Elon Musk shakes up the race to run General Motors. Daniel Bach hosts.
Listen to the full interview with Cleveland Fed President Beth Hammack on WSJ’s Take On the Week.
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The suspect in the recent Brown and MIT shootings was found dead on Thursday night. Meanwhile, for millions of Americans who buy health insurance through the Affordable Care Act, the clock is ticking; open enrollment for 2026 coverage is still open, but many shoppers are feeling sticker shock. Also, the Kennedy Center board votes to include President Trump’s name in the organization’s title. And, Ford's exhibit, "American Icon: A Mustang Immersive Experience," is now in L.A. Could it boost sales among Gen Z consumers? In business, the Port of Los Angeles is closing a busy 2025, but officials expect trade to fall off next year, and Elon Musk's SpaceX eyes a possible record initial public offering.
Could AI chat bots replace human doctors? Probably not, but that won’t stop people from trying.
Just as they did during the emergence of Google, doctors across the country are grappling with the changing healthcare landscape thanks to artificial intelligence. Today on the show, Dr. Hassan Bencheqroun, a pulmonary and intensive care doctor in San Diego, California, talks about his approach to the intersection of patient care and AI.