Investors increase their bets that the Federal Reserve will cut interest rates in September. Plus: Palantir reports $1 billion in revenue and boosts its outlook. Anthony Bansie 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.
The Trump Administration’s worldwide tariff wars continue. A top priority for Trump has been resetting U.S. trade relations and earlier this year his administration had vowed “90 deals in 90 days”. But as the August 1st deadline came and went, what emerged wasn’t a flurry of deals but a wave of new tariffs. We hear from reporters around the world about how countries are reacting to the news and what the impact could be.
P.M. Edition for Aug. 4. Tesla’s board has approved an interim pay package for CEO Elon Musk to incentivize him as he is dividing his time between several companies, with plans for a longer-term pay strategy. WSJ special writer Theo Francis reports that Musk wouldn’t be the only chief executive to enter the exclusive club of gaining stock-based pay worth more than $1 billion in a single year. Plus, though President Trump only signed his tax-and-spending megabill into law last month, some companies are already starting to feel the impact by having more cash on hand. We hear from the Journal’s Heard on the Street columnist Jonathan Weil about what that means for companies, their investors and the federal deficit. And as consumer spending stagnates, Americans are on the hunt for a good deal. WSJ corporate news reporter Katherine Hamilton discusses how U.S. consumers are trying to save money, and how companies are responding. Alex Ossola hosts.
Note: this week's strange news segment may not be appropriate for all audiences.
Authorities have uncovered a sophisticated sexual abuse and slavery ring in Alabama, including biological parents abusing their own children. The United States wants you to help pay the national debt by venmoing Uncle Sam directly. A scandal erupts in Thailand as police arrest a woman who allegedly seduced and blackmailed Buddhist monks. A grenade has gone missing from the scene of an explosion that killed 3 Los Angeles deputies. Plus a low-key plan to (finally) dim the sun.
Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement.
We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode.
The boss only wants to hear good news: that's the takeaway from Trump's high-profile firing over the weak job numbers. So if a government worker has something bad to report, they now know they'll have to lie to keep their jobs. And this isn't only about key information on the economy—it's also about hurricane forecasts, intel threats, and potential military mishaps. Meanwhile, the Texas redistricting stand-off is fraying the fabric of our democracy. Plus, Fox's own producers think Jeanine Pirro is a reckless maniac, direction from the top was the only way Ghislaine Maxwell could have been moved to a 'Club Fed' prison, and Democrats debate how much to work with Republicans who don't keep their word.
This week, we’re revisiting one of our favorite episodes, plus a new update and your surprising reactions.
While sorting through her father’s belongings after his death, Amanda Petteruti came across a collection of locked toolboxes. What she discovered inside made her rethink what she knew about her family’s finances and left her with unsettling questions about her dad: Why had he spent so much money on this secret hobby? Why was it now Amanda’s burden to handle? And how do you find closure with someone once they’re gone?
We want to know what you think about This Is Uncomfortable. Please complete a short, anonymous survey by going to marketplace.org/survey. It should only take about 10 minutes, and you do all of us at Marketplace a huge favor by filling it out.
Plus: U.S. bid to compete in AI with China faces first trial. Tesla stock rises after CEO Elon Musk gets multibillion-dollar stock award. And Spotify to increase premium subscription prices in regions around the globe. Julie Chang hosts.
President Trump’s firing of the Bureau of Labor Statistics commissioner is not without international precedent. Other countries have gone down the path of meddling with economic data for political gain. We’ll get into lessons we can take from the rest of the world. And, can the U.S. continue to be a bastion of scientific research in the wake of deep federal funding cuts? Plus, we’ll celebrate one listener’s feat of digitizing years of her great grandmother’s diaries.