Plus: The U.S. trade gap shrank to its lowest level in June since 2023. And India defends its ability to buy Russian oil, despite President Trump’s threats of higher tariffs. 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.
Bonus Episode for Aug. 5. Six of the so-called Magnificent Seven companies have reported quarterly earnings, with only Nvidia, the most-valuable of them all, yet to release its results. Heard on the Street’s Asa Fitch talks about how much better it can get for the stocks harnessing AI-mania to propel the stock market. Asa, who also writes the Journal’s new AI newsletter, says that the hyperscalers show no sign of slowing their furious pace of capital investment in infrastructure, but he cautions that continuing to top investors’ lofty expectations is becoming more of a challenge.
Markets AM writer Spencer Jakab hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
Bonus Episode for Aug. 5. Six of the so-called Magnificent Seven companies have reported quarterly earnings, with only Nvidia, the most-valuable of them all, yet to release its results. Heard on the Street’s Asa Fitch talks about how much better it can get for the stocks harnessing AI-mania to propel the stock market. Asa, who also writes the Journal’s new AI newsletter, says that the hyperscalers show no sign of slowing their furious pace of capital investment in infrastructure, but he cautions that continuing to top investors’ lofty expectations is becoming more of a challenge.
Markets AM writer Spencer Jakab hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
On this episode of "The Federalist Radio Hour," Lawrence M. Krauss, a theoretical physicist, author, and president of the Origins Project, joins Federalist Senior Elections Correspondent Matt Kittle to discuss the free speech crackdown on scholarship and science and explain why it is dangerous not only to academic freedom, but also to the future of the nation.
You can find Krauss' book The War on Science: Thirty-Nine Renowned Scientists and Scholars Speak Out About Current Threats to Free Speech, Open Inquiry, and the Scientific Processhere.
If you care about combating the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.
The S&P 500 — a key guide to many savings plans — is up 22% in a year, more than twice the return it averages over time. There's a conviction all of this AI means profits, profits and more profits. Add to that a surge in speculation driven by internet chatter, and it raises the question: Should we worry the stock market is about to bubble over? We ask veteran investor Barry Ritholtz, chairman and chief investment officer at Ritholtz Wealth Management in New York. Plus, hundreds of thousands of refugees are returning to Syria after the fall of the country's dictator last year. And many of those returning are bringing their businesses back with them.
The Trump administration has vowed to roll back all sorts of federal regulations, from workplace safety standards to environmental protections. State and local governments have faced pressure from the White House to comply with this agenda. And it’s turned them into even more important battlegrounds in the regulatory wars. On the show today, Liane Jollon, executive director of Western Leaders Network, explains how local officials grapple with threats of funding cuts coming from the White House, and how you can get more involved in your state and local politics.
Later, listeners share some love for public libraries. And, Steve Pierson, co-host of “The Practivist Pod,” answers the Make Me Smart question.
Israel has authorised the gradual re-entry of goods including food supplies to Gaza via private traders for the first time in ten months. How does food distribution operate at the moment, and how often can it be a case of survival of the fittest?
Also in the programme: as the final push for a global plastics treaty begins in Geneva, we hear from the head of the United Nations Environment Programme on why it needs to happen; and we report from a camp for Ukrainian children trying to cope with the trauma of parents missing because of the war with Russia; plus why Dolly Parton has been given the status of global icon.
Host Jennifer Sanasie breaks down the latest news in the crypto industry as the spot bitcoin and ether ETFs bled millions.
Bitcoin and ether prices have recouped a significant portion of last week's losses, but the latest ETF flows paint a different picture. Are the outflows a signal that institutional are not as optimistic anymore? Plus, the Base Network suffered its first downtime since 2023. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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Help usher in the next generation of blockchain with rational privacy and cooperative tokenomics on the Midnight network. To learn more, visit midnight.gd and prepare for the Midnight Glacier Drop.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
Today we talk about the radicalism of Zohran Mamdani, his standing among New York Jews in a new poll, and how it is that bad ideas and failed concepts keep coming back. Give a listen.
Ghana: Hundreds of soldiers deployed to Bawku town in the Upper East Region, after attacks on two schools killed several students. What is behind the resurgence of violence?
Why has Tanzania barred foreign nationals from owning and operating small-scale businesses?
What does Kenya stand to gain following proposed plan to move 3 UN agencies to Nairobi?
Presenter: Charles Gitonga
Producers: Tom Kavanagh in London, Blessing Aderogba in Lagos and Richard Kagoe in Nairobi.
Technical Producer: Chris Kouzaris
Senior Producer: Paul Bakibinga
Editors: Andre Lombard and Alice Muthengi