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Just how big was stock markets’ first half? And how did Novo Nordisk get a China bump? Plus, what did investors make of Nike’s drop in revenue? 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 June 28. President Biden’s stumbling debate performance leaves Democrats in turmoil. WSJ senior political correspondent Molly Ball discusses how the party is considering its options. And Supreme Court correspondent Jess Bravin unpacks new decisions on federal agencies' power, homeless camps and Jan. 6 prosecutions. Plus, a new way to calculate how early you should get to the airport. Sabrina Siddiqui hosts.
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A.M. Edition for June 28. At last night’s presidential debate in Atlanta, President Biden’s delivery lacked vigor and combativeness, while Donald Trump kept relative composure. The WSJ’s John McCormick breaks down a 90-minute face-off that brimmed with insults and policy contrasts. Plus, the NFL is told to pay $4.7 billion in damages to customers of its “Sunday Ticket” package. And, Iran heads to the polls in an election that will help shape succession plans for its next supreme leader. Kate Bullivant hosts.
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P.M. Edition for June 27. The Supreme Court has blocked a Purdue Pharma opioid settlement that would have shielded the wealthy Sackler family from civil lawsuits. WSJ’s Alexander Gladstone discusses what the ruling means for patients and their families. And Walgreens plans to shutter many of its U.S. stores and move away from the primary-care business. WSJ health reporter Anna Mathews explains what is behind the shift in strategy. Plus, follow our live coverage of the first presidential debate of the 2024 campaign. Sabrina Siddiqui hosts.
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A.M. Edition for June 27. Ahead of President Biden and former President Donald Trump’s high-stakes clash in tonight’s presidential debate, WSJ’s Annie Linskey shares what she learned by rewatching the two men’s debates from four years ago. Plus, Bolivia’s president hangs on to power after an attempted coup. And, Ben & Jerry’s co-founders say corporate activism isn’t bad for business—just the opposite. Kate Bullivant hosts.
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P.M. Edition for June 26. The American Israel Public Affairs Committee spent over $14 million in advertising to defeat New York Rep. Jamaal Bowman. Congress reporter Natalie Andrews says it now has another progressive House member in its sights. And Anna Hirtenstein reports on the Biden administration’s tough task balancing domestic gas prices with maintaining pressure on its oil-pumping geopolitical adversaries. Plus, how investors will soon be able to place legal bets on the latest economic reports. Pierre Bienaimé hosts.
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A.M. Edition for June 26. Journal reporter Evan Gershkovich appears in court to face an allegation of espionage that he, the Journal and the U.S. government vehemently deny. WSJ world coverage chief Gordon Fairclough says the proceedings lack due process and that Gershkovich is being held hostage to geopolitical events. Plus, Rep. Jamaal Bowman loses his Democratic primary, while Republican Lauren Boebert wins hers. And, Kenyan protesters storm parliament as discontent with a raft of tax increases boils over. Luke Vargas hosts.
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P.M. Edition for June 25. China takes a big step ahead of the U.S. in the new space race. Stu Woo explains what’s at stake. And Rep. Lauren Boebert is favored to win her primary election in Colorado in a new district. Elizabeth Findell has more. Plus, Te-Ping Chen explains why people are turning to virtual experts to coach them through home repairs. Francesca Fontana hosts.
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A.M. Edition for June 25. WikiLeaks founder Julian Assange is set to gain his freedom after reaching an agreement to end his yearslong battle to avoid trial over his U.S. espionage case. Plus, the WSJ’s Jonathan Cheng explains the significance of the U.S Ambassador to China accusing Beijing of undermining diplomacy. And, Boeing adds a last-minute twist to talks to buy Spirit AeroSystems, while rival Airbus struggles to meet production targets. Luke Vargas hosts.
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P.M. Edition for June 24. Brookfield Property Partners’ plan to redevelop malls hits some road bumps. Reporter Kate King has more. And abortion-rights advocates are testing a new red state playbook in Ohio. National legal affairs reporter Laura Kusisto explains the state’s fight over abortion. Plus, columnist Jon Sindreu on how summer travel is booming, but airline stocks are not. Francesca Fontana hosts.
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A.M. Edition for June 24. Uber Eats and DoorDash have responded to cities’ new wage-increase requirements for gig workers by ratcheting up fees. The WSJ’s Preetika Rana says this is resulting in fewer orders, hurting the companies, restaurants and drivers alike. Plus, Apple discusses an AI partnership with Meta, while in Europe, it gets slapped with charges under new tech laws. And Israel plans to redeploy troops from Gaza to the Lebanese border once intensive fighting winds down. Luke Vargas hosts.
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Are America’s downtowns doomed or are they thriving? Depending on where you look, the answer may be different. In some cities, like St. Louis, work from home has accelerated ‘doom loop’ scenarios, where businesses leave urban centers, causing tax revenue to fall and more residents and businesses to leave as well. Other cities, like Detroit, seem to be going through a downtown renaissance. WSJ commercial property reporter Konrad Putzier answers your questions about what’s happening with urban real estate and what it will take to get Americans to go back downtown. Luke Vargas hosts.
Further Reading
Chicago to Offer Most Generous Subsidies in U.S. to Save Its Downtown
The Real Estate Nightmare Unfolding in Downtown St. Louis
Offices Around America Hit a New Vacancy Record
Reversing the Real-Estate Doom Loop Is Possible. Just Look at Detroit.
Big Tech Is Downsizing Workspace in Another Blow to Office Real Estate
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What happened after Nvidia briefly became the most valuable company in the world? And how did investors react to the end of Apple’s buy now, pay later service? Plus, how did a drug that isn’t used for weight loss excite markets? 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 June 21. Nvidia’s value has skyrocketed, pushing the S&P 500 to record-breaking highs, but many other companies in the index have traded lower. Wall Street Journal senior markets columnist James Mackintosh explains why that split could be risky. And the U.S. Supreme Court upheld a federal law that forbids domestic abusers from possessing guns in a major Second Amendment decision. Plus, reporter Jim Carlton on how San Francisco is using its cool weather to attract tourists. Alex Ossola hosts.
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A.M. Edition for June 21. The former president’s campaign committee takes in twice as much as President Biden’s in May, though both men garner significant financial support from billionaires. And, the possibility of Marine Le Pen’s far-right, euroskeptic party leading France’s government triggers flashbacks of euro crises past, but WSJ chief economics commentator Greg Ip says things are different now. And, why the missing line on your résumé is… your golf score. Luke Vargas hosts.
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P.M. Edition for June 20. WSJ Heard of the Street columnist Telis Demos explains what is attracting investors to catastrophe insurance during a summer of extreme weather. And the Supreme Court upholds a 2017 tax on foreign investments in a decision that leaves unresolved other questions about federal taxing powers. Supreme Court correspondent Jess Bravin explains. Plus, the death of actor Donald Sutherland. Francesca Fontana hosts.
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A.M. Edition for June 20. WSJ correspondent Dov Lieber explains how escalating tensions along Israel’s Lebanese border threaten to drag the two parties toward a bigger conflict, despite U.S. efforts to calm the situation. Plus, Louisiana requires public schools to display the Ten Commandments in classrooms. And issues with Boeing’s Starliner spacecraft delay the return of astronauts back to Earth. Luke Vargas hosts.
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P.M. Edition for June 18. Citi CEO Jane Fraser is highlighting an under-the-radar profit engine: Citi Services. Deputy Wall Street bureau chief David Benoit has more. And Nvidia soars in marketsNv, making it the most valuable U.S.-listed company. Plus, reporter Phred Dvorak explains how the Biden administration's tariffs on Chinese solar panels could slow down the rollout of solar projects in the U.S. and drive up consumer costs. Jennifer Maloney hosts.
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A.M. Edition for June 18. In a sleepy town in Peru, China is building a megaport to speed trade between Asia and South America. The WSJ’s Ryan Dubé says the project is part of a growing network of alliances that’s setting off alarm bells in Washington. Plus, electric-vehicle startup Fisker files for bankruptcy. And, several high-profile candidates turn down the chance to be Boeing’s next CEO. Luke Vargas hosts.
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P.M. Edition for June 17. The Democratic Party has lost more of the rural vote in recent elections. For President Biden’s campaign, that’s an especially big problem in North Carolina, the most rural swing state. National reporter Valerie Bauerlein spoke with voters and party members about their concerns. And the White House plans to announce one of the biggest immigration initiatives in years, benefitting people living in the country illegally who are married to U.S. citizens. Plus, markets reporter Sam Goldfarb tells audio producer Anthony Bansie about how a furious bond rally could boost stocks and inject some life into the U.S. housing market. Pierre Bienaimé hosts.
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