The latest household debt report from the New York Federal Reserve is in. Delinquencies are on the rise — specifically, student loan delinquencies spiked into the double-digits. Experts say the news isn’t too alarming, even as consumers lean more on borrowing to get by. Also in this episode: Audi might build a U.S. factory to save on tariffs, a drop in international students could cost the U.S. economy, and Tennessee bans community benefits agreements.
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August 6 marks 80 years since the bombing of Hiroshima. Its effects are still being felt all across the world eight decades later. Reset discusses with DePaul University religious studies professor Yuki Miyamoto, Japanese Art Foundation board president John Donners and Rebecca Ozaki and Jeannie Tomoda Harrell, program directors at the Japanese American Citizens League Chicago.
Plus: Disney raised its annual profit forecasts for streaming and parks. Shopify reported better-than-expected results. Uber's revenue topped forecasts. And, the Department of Health and Human Services canceled a grant for the Moderna’s bird-flu shot. 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.
The United States is imposing an extra twenty-five percent tariff on imports from India because Delhi continues to buy Russian oil. President Trump is using this to increase pressure for a ceasefire in Ukraine. Delhi's called it 'unfair'. The executive order came after the US envoy Steve Witkoff met Vladimir Putin in Moscow.
Also on the programme: As dozens are injured and killed in Gaza when four aid trucks tipped over, we take a look at how the crisis is being reported in Israel and whether public opinion is changing; Italy plans the longest suspension bridge in the world; and the new research that shows how female gorillas form strong friendships with each other that last years.
(Photo: Russian President Putin meets U.S. envoy Steve Witkoff in Moscow Credit: Sputnik/Gavriil Grigorov/via REUTERS)
P.M. Edition for Aug. 6. President Trump’s tariffs have so far only caused minor disruptions. WSJ economics reporter Jeanne Whalen joins to discuss why we haven’t seen an economic earthquake. Plus, President Trump plans to meet with Russian President Vladimir Putin to discuss ending the war in Ukraine. And American carmakers are focusing less on electric vehicles and more on gas-guzzling vehicles like pickups and SUVs. We hear from Sharon Terlep, who covers the auto industry for the Journal, about what’s changed. Alex Ossola hosts.
Victor Davis Hanson explains what this rhetoric really means, and why this racialized framing is not only intellectually hollow, but deeply dangerous for a pluralistic and Western democratic society on today’s episode of “Victor Davis Hanson: In His Own Words.”
“He believed that black students on test scores or GPA or by traditional criteria were not competitive with other groups … and therefore, you had to have a different type of vocabulary, a different type of approach for black students, in a way you wouldn’t for other students. This is not gonna work. We have tried that for 50 or 60 years. And we’ve seen that the Great Society specialization and fixation on race did not work.
“This is in the age of post-DEI, in a very reactionary, retrograde approach, that you’re going to single out particular groups and you’re going to emphasize particular plans, programs based on the color of their skin at a time when we’re all trying to transcend it because when we have done that, it didn’t work. It created tensions rather than alleviated them. It created suspicion and distrust rather than ending such things. It’s a retrograde tribal thought that goes back to pre-civilizational ideas.
👉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
Who do high profile people or companies facing a scandal call when they're in a crisis?
Maybe their therapists. But definitely a crisis communications specialist.
Like the work of Olivia Pope in the T-V series Scandal, crisis communications is the practice of shaping public perception and reputation during a crisis. And it's a vital tool for maintaining people's reputations in today's digital landscape.
For the latest installment of our "Ask A" series, we sit down with three crisis communications specialists and pull back the curtain on the little-known part of the PR industry.
The NFL and Disney have tied themselves more closely together with the NFL getting 10% of ESPN in exchange for the NFL Network, RedZone distribution rights, and more assets. Will it make Disney a winner in streaming?
(00:21) Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
- The NFL and Disney
- Rivian’s lost EV credits
- Shopify’s great quarter
- Upstart’s explosive growth
Companies discussed: Disney (DIS), Netflix (NFLX), Rivian (RIVN), Tesla (TSLA), Shopify (SHOP), Upstart (UPST)
Host: Travis Hoium
Guests: Lou Whiteman, Rachel Warren
Engineer: Dan Boyd
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