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Wanna put a wager on, well, just about anything? Try a prediction market. Competing industry giants Kalshi and Polymarket both saw major investment this week, and for good reason. Though they don’t look it on paper, both function as (extremely lucrative) sports betting platforms but don't face the regulations of sports betting platforms. In this episode, we bet on where that legal loophole is headed. Plus: Expect car sales to sputter as the EV tax credit ends and tariffs drive up costs, and the case for replacing subsidized air travel with a more robust rural bus system.
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On today’s show, Kimberly is joined by the host of NPR’s “Life Kit” podcast, Marielle Segarra, who’s recently been working on a four-week newsletter series all about credit card debt — and how to avoid it all snowballing. Plus, we’ll play a round of Headline or Head-lyin’!
Here’s everything we talked about today:
A ceasefire is now in effect between Israel and Hamas, and the Israeli military has pulled back from certain positions in the Gaza Strip. In the coming days, a hostage and prisoner exchange is set to begin, and hundreds of humanitarian aid trucks are expected to be allowed into Gaza.
It’s all part of President Trump’s 20-point peace plan – a plan that closely resembles the plan President Biden unveiled in the final days of his administration.
Jake Sullivan, Biden’s national security advisor, helped negotiate the last ceasefire between Hamas and Israel, which ultimately fell apart. Have circumstances on the ground in Gaza – and a change in U.S. presidential leadership – set the groundwork for a different path this time?
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This episode was produced by Kathryn Fink and Linah Mohammad, with audio engineering by Ted Mebane. It was edited by Christopher Intagliata, Nadia Lancy and Tara Neill. Our executive producer is Sami Yenigun.
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New York Governor Kathy Hochul has a lot to juggle, from a federal government shutdown to immigration enforcement to the state’s affordability crisis. In a conversation taped at The Journal live event, Hochul joins host Ryan Knutson to talk about how she’s managing those challenges, what her private conversations are like with President Donald Trump, and her take on New York City’s next potential mayor, Zohran Mamdani.
Further Listening:
- Why This Government Shutdown Is Different
- Is NYC’s Mayoral Race All About Rent?
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Learn more about your ad choices. Visit megaphone.fm/adchoices
New York Governor Kathy Hochul has a lot to juggle, from a federal government shutdown to immigration enforcement to the state’s affordability crisis. In a conversation taped at The Journal live event, Hochul joins host Ryan Knutson to talk about how she’s managing those challenges, what her private conversations are like with President Donald Trump, and her take on New York City’s next potential mayor, Zohran Mamdani.
Further Listening:
- Why This Government Shutdown Is Different
- Is NYC’s Mayoral Race All About Rent?
Sign up for WSJ’s free What’s News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Palestinians in Gaza returning to their homes following the ceasefire between Israel and Hamas say they've been shocked by the scale of destruction. Also on the programme, The Venezuelan opposition leader and democracy activist, María Corina Machado, has been awarded this year's Nobel Peace Prize; and, the green turtle has been rescued from the brink of extinction in what scientists are calling a major conservation victory.
(Photo: Palestinians react near rubble following Israeli forces' withdrawal from the area, after Israel and Hamas agreed on the Gaza ceasefire, in Khan Younis, in the southern Gaza Strip, October 10, 2025. REUTERS/Ramadan Abed TPX IMAGES OF THE DAY)
P.M. Edition for Oct. 10. President Trump responded to recent Chinese actions targeting the U.S. by threatening higher tariffs and export controls on China—a move that sent U.S. markets falling. WSJ reporter Jack Pitcher explains the market reaction. Plus, the White House said today that it has begun mass layoffs of federal workers as a result of the government shutdown. And MIT has become the first university to reject a compact sent by the Trump administration last week offering colleges funding advantages. We hear from WSJ reporter Doug Belkin about why the university rejected it, and what it means for other universities faced with a similar proposal. Alex Ossola hosts.
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Season 3 of Funny You Should Mention begins with the “Filth Queen” herself Steph Tolev to explore why gross can be smart, how crowd work goes viral, Bill Burr’s boost to her career, and the Canadian comedy grind. Big laughs, sharp ideas, adult themes. We also get into slapstick dummies, family lore, and why Boston brings the best chaos. Come for the filthy stories, stay for the surprisingly thoughtful theories on why certain jokes land, and what that says about us.
Produced by Corey Wara
Production Coordinator Ashley Khan
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