P.M. Edition for Aug. 7. Israeli Prime Minister Benjamin Netanyahu announced that his country will take control of the entire Gaza Strip. WSJ correspondent Dov Lieber fills us in on what we know about the plan so far. Plus, President Trump has called for Intel’s CEO Lip-Bu Tan to resign over his ties to China. Amrith Ramkumar, who covers tech policy for the Journal, joins the podcast to discuss what this might mean for the troubled chip maker. And Firefly Aerospace becomes the third space or defense company to make its stock market debut this year. We hear from WSJ capital markets reporter Corrie Driebusch about what makes this sector so appealing to investors. Alex Ossola hosts.
Victor Davis Hanson explains the long-running tensions between Jerome Powell and Trump, why Trump has dubbed him “Too Late Powell,” and the economic consequences for everyday Americans on today’s episode of “Victor Davis Hanson: In His Own Words.”
“ The Wall Street Journal was forecasting a ‘stock crash,’ a ‘trade war,’ ‘uncertainty over tariffs,’ ‘anemic GDP,’ and all of the barometers… At that point, you would've thought that Powell, who agreed, basically, with the consensus of the economic media and most of the economists, why didn't he intervene in fears that they were right, that we were headed toward a recession and lower rates? Instead, he didn't do anything.
“ Jerome Powell has been in this fight with Donald Trump. … And whether we like it or not, he's acting emotionally or angrily to Donald Trump. And he has been under threat of being fired. He does not want to show that he's going to back down and lose the independence of the Fed to the president. The problem with that stance is it really hurts millions of Americans.”
👉He’s also the host of “The Victor Davis Hanson Show,” available wherever you prefer to watch or listen. Links to the show and exclusive content are available on his website: https://victorhanson.com
U.S.tariffs kicked in on imports from dozens of countries just after midnight. Plus: Apple announces an extra $100 billion commitment to U.S. manufacturing. Eli Lilly’s weight-loss pill showed less than expected results. And, Crocs warns of a quarterly sales decline and an annual hit from tariffs. Charlotte Gartenberg 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.
A photo of an emaciated child in Gaza has gone viral, with many in Israel claiming it depicts false information. Our producer in Gaza meets the child and his family, we hear about how he is doing now and about the food insecurity many in Gaza are facing.
There have been many plans for what should happen to the 62-acre site known as the 78 along the Chicago River at Roosevelt and Canal. The latest is a new stadium for the Chicago Fire soccer team. The project promises more affordable housing and economic growth, but some residents of neighboring Chinatown have concerns and are making them heard. Reset sits down with Sarah Tang, Coalition for a Better Chinese American Community’s director for programs, Matthew Zhao, Teen Coalition for Chinatown intern, and Debbie Liu, president of Ping Tom Park Advisory Council.
For a full archive of Reset interviews, head over to wbez.org/reset.
As the United States secretary of health and human services, Robert F Kennedy Jr., announces a $500 million cut to mRNA vaccine research in the United States, we hear a statement from the Nobel Prize winning biologist who made mRNA vaccines possible.
A team of scientists from Northwestern University have uncovered the pathway believed to protect some people from allergic reactions (even when they are sensitive to an allergen) and have tested a drug which could protect the most severely allergic.
Also this week, satellite data shows that large parts of the Earth are running dangerously low on ground water.
And although people often believe scientific fraud is committed by a few bad actors, a new paper uncovers networks of journals, editors, and authors who are allegedly cooperating to publish fraudulent papers.
Presenter: Roland Pease
Producer: Ella Hubber and Alex Mansfield
Assistant Producer: Minnie Harrop
Production Coordinator: Jana Bennett-Holesworth
(Image: Allergy testing. Credit: Peter Dazeley via Getty Images)
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We discuss AMERICANS UNITED FOR SEPARATION OF CHURCH AND STATE.
Investing Skeptically: The FED, Bond rates, Mortgage rates and bond markets Vanguard index funds and the overlap between Large Cap and Mid Cap index funds.
