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P.M. Edition for May 27. China, Russia and North Korea claim the missile-defense project is driving a dangerous new arms race. WSJ reporter Thomas Grove says an impenetrable shield—though difficult to accomplish—would upend the paradigm of mutually assured destruction. And the GOP tax bill includes a much higher levy on schools’ endowment income. WSJ reporter Juliet Chung discusses how universities are rethinking their investment strategies. Plus, Salesforce strikes a roughly $8 billion deal to buy the data-management software firm Informatica to enhance its AI capabilities. Pierre Bienaimé hosts.
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A.M. Edition for May 27. President Trump gives the European Union a reprieve on his threat to impose 50% tariffs on June 1 if a trade deal isn’t reached. The WSJ’s Kim Mackrael in Brussels talks us through the negotiations. Plus, Trump weighs sanctions against Russia as Moscow pummels Ukraine with drones and missiles. And Canada’s new leader Mark Carney takes up the task of fixing the country’s relationship with Trump. Former Canadian diplomat Colin Robertson previews King Charles’s historic speech at the opening of parliament. Azhar Sukri hosts.
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How did Trump’s latest threats hurt Apple? And how did a DEI boycott affect Target’s latest quarter? Plus, why was Ross Stores the latest company to pull its outlook? Host Jack Pitcher discusses the biggest stock moves of the week and the news that drove them.
Listen: Boycotting Target: A WSJ Podcast Series
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P.M. Edition for May 23. In posts on social media and statements from the Oval Office today, President Trump threatened a 50% tariff on imported goods from the European Union, as well as new duties on iPhones and other smartphones made overseas. WSJ reporter Gavin Bade joins to discuss how the EU might negotiate with the president, and whether Apple can make iPhones in the U.S. Plus, a weak bond auction earlier this week pushed some long-term bond yields higher. WSJ chief economics commentator Greg Ip digs into what’s behind this recent bond turmoil. And a judge temporarily blocked the government’s move to prevent Harvard from enrolling international students. Alex Ossola hosts.
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A.M. Edition for May 23. While the court said President Trump can remove independent agency leaders, the ruling found the Federal Reserve is unique, providing some relieft o investors. Plus, major U.S. banks are exploring whether to team up to issue a joint stablecoin. And as BYD beats out Tesla in European sales for the first time ever, we look at how China has been building up its high-tech industries with WSJ’s Brian Spegele. Azhar Sukri hosts.
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P.M. Edition for May 22. The House passed President Trump’s sprawling tax-and-spending bill, after some last-minute changes this morning united Republican holdouts. WSJ tax policy reporter Richard Rubin talks about what made it into the bill, and what happens next. Plus, the Trump administration has blocked Harvard’s ability to enroll foreign students. And U.S. antitrust enforcers argue that large institutional investors who own shares in rival companies may be violating antitrust laws. Dave Michaels, who covers corporate law enforcement, joins to discuss what this could mean for those big institutional investors. Alex Ossola hosts.
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A.M. Edition for May 22. A man shouting “Free Palestine” fired shots near a Jewish museum in the U.S. capital, with President Donald Trump suggesting the killings were driven by antisemitism. Plus, WSJ’s Quentin Webb says it's a new, golden era for crypto as Bitcoin jumps to a fresh, record high. And Oasis fans look set to outspend Swifties as the British band’s summer reunion tour gears up. Azhar Sukri hosts.
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P.M. Edition for May 21. In its first quarter earnings reported today, Target’s sales declined more than analysts expected and the company lowered its outlook for fiscal 2025. WSJ reporter Sarah Nassauer discusses the challenges facing Target’s business. Plus, a meeting between President Trump and South African President Cyril Ramaphosa grew tense over Trump’s unsubstantiated claims that white South Africans were the victims of a possible genocide. And a report from the Boston Fed examines potential risks of the rapidly expanding nonbank lending, which is often financed by banks. Platform editor Isaac Taylor breaks down what that means. Alex Ossola hosts.
Boycotting Target: A WSJ Podcast Series
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A.M. Edition for May 21. House GOP leaders and Republicans from high-tax states appear to be nearing an agreement on state and local tax deductions, as President Trump’s giant tax and spending deal inches toward a vote. Plus, WSJ columnist Jon Sindreu unpacks why recent volatility in the treasury market matters to more than just bond investors. And in the latest electric vehicle pull back, Ford is letting rival Nissan share its flagship U.S. battery plant. Azhar Sukri hosts.
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P.M. Edition for May 20. Google is adding an AI chatbot feature to its iconic search page, allowing it to more closely rival competitors like ChatGPT. WSJ reporter Katherine Blunt discusses Google’s parent, Alphabet, plans to bet even bigger on artificial intelligence. Plus, despite the fear of an immigration crackdown from the Trump administration, many workers without legal status are still going to work. Paul Kiernan, who covers the U.S. economy for the Journal, joins to talk about why that is, and what it means for industries dependent on migrant labor. And President Trump pressures Republican dissenters in the House to drop their objections to his tax and spending bill which could go on vote as early as tomorrow. Alex Ossola hosts.
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A.M. Edition for May 20. Republican leaders plan to meet with President Trump Tuesday morning in order to shore up support for their tax bill, ahead of a potential House vote on Wednesday. Plus, an administration u-turn means construction of a massive wind farm in New York is back on. And WSJ reporter Te-Ping Chen explains how some companies in the trades sector are targeting high-school students to fill staff shortages. Azhar Sukri hosts.
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P.M. Edition for May 19. To meet their self-imposed deadline of Memorial Day, House Republicans are facing a tug of war over spending cuts. Siobhan Hughes, who covers Congress for WSJ, discusses the major points of contention and where the bill goes from here. Plus, President Trump wants the U.S. to be a manufacturing powerhouse, even though hundreds of thousands of manufacturing jobs are currently unfilled. We hear from Journal economics reporter Chao Deng about what makes those jobs less appealing to workers, and what manufacturers are doing to try to woo them. And the U.S. Supreme Court allows the Trump administration to strip Venezuelan migrants of their legal status. Alex Ossola hosts.
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A.M. Edition for May 19. Former President Joe Biden and his family are reviewing treatment options with his doctors, as representatives say the disease has spread to his bones. Plus, Israel says it will start allowing aid into Gaza for the first time in months, as the Israeli military expands its ground operation in the enclave. And Journal foreign correspondent Georgi Kantchev on what to expect from President Trump’s phone call with Vladimir Putin today after Russia unleashed a drone barrage on Ukraine. Azhar Sukri hosts.
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Many U.S. shoppers know Target as a place to get everyday items like groceries and paper towels, as well as clothes and homegoods. But recently some shoppers have stopped buying things at Target as part of boycotts over its pullback from policies around diversity, equity and inclusion. In the first episode of this special What’s News series, host Alex Ossola digs into how Target got here: the company’s history and why shoppers are upset with Target in particular at a moment when many other companies are also changing their DEI policies.
In your feed, you can find the second episode of this series, looking into the boycotts’ impact on Target’s business and on those of Black entrepreneurs with products on Target’s shelves.
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After Target rolled back its goals around diversity, equity and inclusion, several organizers across the U.S. launched boycotts. In the second episode of this special What’s News series, we zoom in on the boycotts’ potential impact on Target’s business and on those of Black entrepreneurs with products on Target’s shelves. Host Alex Ossola and producer Jess Jupiter travel to Atlanta to see how one boycott, Target Fast, is going, and what things are like at one Bullseye Black Market for Black entrepreneurs. And we consider how effective boycotts are at pushing companies to change.
In your feed, you can find the first episode of this series, looking into Target’s history and why shoppers are upset with the company at a time when many other businesses are also changing their DEI policies.
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Which companies got a boost from the trade truce between the U.S. and China? And how did UnitedHealth shares respond to a week of bad news? Plus, what was the reaction to news of Dick’s Sporting Goods acquisition of Foot Locker? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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P.M. Edition for May 16. The University of Michigan’s preliminary consumer-sentiment index fell to 50.8 in May. WSJ economics reporter Chao Deng says the data surprised economists, and reflect fears of higher prices driven by sweeping tariffs. And higher education reporter Sara Randazzo says President Trump’s funding cuts have delivered a broad hit to universities from the Ivy League to state schools. Plus, Boeing will avoid prosecution over violating an earlier criminal settlement under a tentative deal with the Justice Department. Pierre Bienaimé hosts.
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A.M. Edition for May 16. We’ll get the latest from White House reporter Alex Leary in the United Arab Emirates as President Trump winds down a four-day trip to the Middle East. Plus, a veteran FAA air-traffic controller, shaken after averting a midair collision, opens up about stress, staffing and tech problems. And with two weeks until hurricane season, the new head of FEMA admits to not having a fully formed disaster-response plan. Luke Vargas hosts.
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P.M. Edition for May 15. The retail giant plans to raise prices this month and early this summer, when tariff-affected merchandise hits its store shelves. WSJ reporter Sarah Nassauer says its price hikes could set the tone for other U.S. retailers. And Federal Reserve Chair Jerome Powell speaks of a new strategy for the central bank, given that very low interest rates are not guaranteed. Plus, financial crime and regulation reporter Dylan Tokar follows the trail of the Chinese money-launderers depositing bags of drug cartel cash at banks around the United States. Pierre Bienaimé hosts.
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A.M. Edition for May 15. President Trump claims India has offered to charge no tariffs on U.S. goods as trade talks between the European Union and Washington also speed up. WSJ reporter Joe Wallace says those signs of progress in negotiations come as transpacific trade begins to roar back to life. Plus, the Supreme Court prepares to hold a hearing on Trump’s bid to abolish birthright citizenship. And hopes for Ukraine-Russia peace talks crumble as Vladimir Putin turns down a face-to-face meeting with Volodymyr Zelensky. Luke Vargas hosts.
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