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President Trump says Iran is allowing numerous oil tankers to pass through the Strait of Hormuz.
DHS funding stalemate continues as do the security lines at certain airports.
Former Venezuelan President Maduro and his wife appeared in court in New York for pre-trial hearing.
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P.M. Edition for Mar. 26. Major U.S. indexes fell today, with the Nasdaq dropping 2.4% and closing in a correction–more than 10% below its recent high. Plus, officials suspect that Iran is behind a series of attacks on Jews across Western Europe. The Wall Street Journal’s chief European political correspondent Bojan Pancevski discusses how Iran is adopting Russia’s playbook. And Wall Street bonuses hit a record. Alex Ossola hosts.
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Oil prices pushed above $100. Plus: Olaplex shares rally after acquisition deal. And H&M stock slides after muted sales. 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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Israel says it's killed a top Iranian naval commander, responsible for overseeing the blockade of the Strait of Hormuz, while President Trump tells Iran to get serious about negotiations. We hear from a supporter of the government in Tehran.
Also in the programme: former Venezuelan President Nicolas Maduro is due to appear in court in New York today for only the second time since his capture at the beginning of January - we hear how his country’s been doing since his departure; and a new exhibition in London explores experiences and perceptions of ageing, from adolescence to older age - through art, science and popular culture.
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The most recent batch of the Epstein files show how easily Jeffrey Epstein collected confidential information from his well-connected associates. WSJ’s Emily Glazer reports on how Epstein sometimes used the tips to invest for himself. Ryan Knutson hosts.
Further Listening:
- The Growing Fallout From the Epstein Files
- Trump’s Letter to Jeffrey Epstein
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Plus: Fannie Mae to accept crypto-backed mortgages for the first time. And FCC advances effort to bring telecom call centers back to the U.S. Julie Chang hosts.
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The approach to AI so far can be best described as a using brute force to make things happen. It’s been effective so far, but the approach starts to run into problems when the numbers get really big. Thankfully, some new developments in AI could help alleviate that challenge. Matt, Jon, and Tyler discuss how Google and ARM are advancing AI efficiency. Plus, social media’s bad week in court and the mailbag.
Tyler Crowe, Jon, Quast, and Matt Frankel discuss:
Companies discussed: GOOG, META, BP, DD, DOW, MMM, ARM, AAPL, MU, SNDK, INTC, NVDA, AMD
Got investing questions for the podcast? Email us at podcasts@fool.com
Host: Tyler Crowe
Guests: Matt Frankel, Jon Quast
Engineer: Bart Shannon
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For nearly 50 years, since the Ayatollah seized power in Iran and took Americans hostage, the U.S. has known that the regime could single-handedly shut down the Strait of Hormuz. Trump was reportedly warned of this threat, but the failed casino owner blew it off. And now Iran unilaterally controls 20% of the world’s oil supply and an even higher percentage of the fertilizer inventory. But the former vice president tells Tim that Trump’s judgment has been even worse on climate change. On the 20th anniversary of “An Inconvenient Truth,” Gore discusses how the rest of the global economy has ‘miraculously’ responded to the climate threat. He also gives high marks to Mamdani, explains Trump’s use of fear, shares details about his relationship with Clinton—and how his actions after the 2000 election inspired Mike Pence on Jan. 6.
Former Vice President Al Gore joins Tim Miller.
show notes