P.M. Edition for Jan. 13. The JPMorgan Chase CEO spoke out today in support of Fed Chair Jerome Powell, who is being investigated by the Justice Department. WSJ reporter Alexander Saeedy says Dimon’s position reflects that of many on Wall Street. Plus, President Trump rules out talks with Iran and tells protesters there that “help is on the way.” We hear from Journal national security correspondent Alexander Ward on what we know about possible U.S. action in Iran, and how countries in the Gulf are reacting. And what the latest numbers on inflation mean for the Fed. Alex Ossola hosts.
It has been three months since the ceasefire in Gaza began and food that is desperately needed after being largely blocked for two years has begun returning by the truckload. We go to Gaza City to see what kind of food is arriving and where it is going.
And we visit a haven in Tel Aviv for Jews and Palestinians to interact amid heightened tensions. In a nail salon.
Plus: AI startup Percepta has denied Palantir’s allegations of poaching workers and stealing secrets. And SK Hynix plans a $13 billion chip packaging and testing facility in South Korea. Julie Chang hosts.
The Trump Justice Department has subpoenaed the Federal Reserve for information related to its multibillion-dollar renovation of the Fed's headquarters in Washington.
The move comes on the heels of months of President Donald Trump trying to influence Federal Reserve Chairman Jerome Powell to lower interest rates.
And while he told NBC News he doesn’t know anything about the Department of Justice investigations, members of Congress, including some Republicans, say they’re concerned the independence of the Federal Reserve is now at risk.
The Federal Reserve decides monetary policy across the United States. Its decisions help shape the global economy. What happens if that independence is threatened?
President Trump has been trying to influence Federal Reserve policy, since his first term.
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This episode was produced by Henry Larson. Audio engineering by Ted Mebane.
It was edited by Courtney Dorning and John Ketchum.
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.
Data centers are still the headline, but the real pinch points are power and real estate. Emily Flippen is joined by Motley Fool analysts Anders Bylund and Dan Caplinger to map the data center buildout, the risks of “overbuild,” and where investors can look for exposure without paying bubble prices.
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Trump's low approval ratings may be giving people the idea that he is weak and disempowered. But Trump backed into a corner could well be more unconstrained and more dangerous—and it could also fuel his imperialist ambitions toward Greenland, an island he has been obsessed with owning since his first term. Meanwhile, DHS always knew people would die because of their mass deportation efforts and it still wholly accepted the risk of its military-style operations. But the opposition on the street is building. Plus, a year after the LA fires, a look at the role of disinformation in the disaster, the slow recovery, and the lack of emergency planning by government officials.
Paul Rosolie is a naturalist, explorer, author of a new book titled Junglekeeper, and is someone who has dedicated his life to protecting the Amazon rainforest.
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Seemingly infinite battles over President Donald Trump’s agenda have been playing out in the courts over the past year. But when all’s said and done, are these legal challenges actually working? Politico legal affairs reporter Kyle Cheney joins Kimberly to discuss. Plus, they’ll get into the Supreme Court’s impending decision on Trump’s tariffs and why even some GOP members are breaking rank to speak up about the Justice Department’s investigation into Federal Reserve Chair Jerome Powell.
