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A.M. Edition for July 15. WSJ reporter Eliot Brown details how the U.A.E.’s years-long lobbying efforts have finally paid off, after the Trump administration gave it a leg-up in the AI race, raising fresh questions about conflicts of interest. Plus, Senators look to give President Trump authority to impose tariffs on the five largest importers of Russian oil and gas. And Meta’s AI-powered glasses are everywhere, alarming privacy advocates. Daniel Bach hosts.
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P.M. Edition for July 14. Big U.S. banks like JPMorgan Chase, Goldman Sachs, and Bank of America reported soaring profits in the second quarter. But can the party continue? We hear from Gina Heeb, who covers banks for the Journal. Plus, inflation cooled to 3.5% last month. WSJ economics reporter Matt Grossman talks about what’s driving prices lower, and what’s expected later this summer. And ICE is suspending traffic stops after two fatal shootings in the past week. Alex Ossola hosts.
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A.M. Edition for July 14. New York becomes the first state to ban data center construction as builders and operators across the U.S. move to cash out and bring private equity in, to pay for even more data centers. Plus, Middle East oil producers and markets align behind the reality that the region’s supply chain may never return to the way it was. And Science of Success columnist Ben Cohen details the company that’s harder to land a job at than getting into Harvard or becoming a NASA astronaut. Daniel Bach hosts.
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P.M. Edition for July 13. The standoff over the Strait of Hormuz heats up: President Trump says he is reinstating the U.S. blockade of Iranian shipping through the crucial waterway, sending oil prices soaring. Plus, a coalition of a dozen states is suing to block the merger between Paramount and Warner Bros Discovery, the strongest legal challenge yet to the $81 billion acquisition. And Kathryn Ruemmler had said she would step down as Goldman Sachs’s top lawyer at the end of June after her long relationship with Jeffrey Epstein came under scrutiny. But instead she’s staying on, complicating efforts to find her successor. WSJ lead financial reporter AnnaMaria Andriotis discusses what’s going on inside the bank ahead of Ruemmler’s testimony in front of Congress on Wednesday. Alex Ossola hosts.
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A.M. Edition for July 13. Republicans begin the scramble to replace Senator Lindsey Graham following his sudden death on Saturday evening. WSJ reporter Alex Leary reflects on Graham’s career, his relationship with President Trump and who his likely successor may be. Plus, expectations are sky high for this earnings season with the biggest U.S. companies forecasting more than 30% growth on average. But is it a bubble? And SK Hynix shares plummet following their historic debut on Wall Street. Daniel Bach hosts.
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Voters in California are weighing a one-time tax on billionaires. Meanwhile, states including Maine and Massachusetts have already implemented income taxes on wealthy residents. The idea of levying higher taxes on the rich is catching on across the U.S., but the way the measures work—and how residents feel about them—couldn’t be more different. Host Alex Ossola discusses the efforts to tax the wealthy (and their opposition) with WSJ economics reporter Jeanne Whalen and Journal enterprise reporter Laura Nelson. Further ReadingProposed California Billionaire Tax Clears Key Hurdle on Way to Ballot Rich Californians Are Finding Creative Ways to Get Ahead of the Billionaire TaxCalifornia’s Tax-Weary Billionaires Seek Refuge on Lake Tahoe’s Nevada Shore Wealth-Tax Fever Is Spreading to Less-Wealthy StatesLearn more about your ad choices. Visit megaphone.fm/adchoices
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How are markets responding to renewed tensions in the Middle East? And why did Samsung’s blockbuster earnings send shares lower? Plus, why didn’t SpaceX get the Nasdaq-100 boost investors were hoping for? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them.
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P.M. Edition for July 10. Apple’s lawsuit also names one of OpenAI’s top executives, a former Apple employee. Plus, Israeli intelligence about a possible plot to kill President Trump made U.S. officials concerned about a lack of defensive capabilities on the new Air Force One. The success of films like “Backrooms” and “Obsession” means Hollywood is combing sites like YouTube and Reddit for the next big horror hit. WSJ entertainment reporter Ben Fritz discusses who’s making money from that and what risks there are for film studios. And South Korean chipmaker SK Hynix pops in its U.S. market debut. Alex Ossola hosts.A 'Mansion Tax' Complicated the Housing Crisis. Could a Federal Bill Fix It? Sign up for the WSJ's free What's News newsletter.Learn more about your ad choices. Visit megaphone.fm/adchoices
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A.M. Edition for July 10. The South Korean chip-making giant raised more than $26 billion in the largest share sale by a non-U.S. company. Plus, the EU says Meta failed to protect Instagram and Facebook users from harm caused by addictive apps. And WSJ Middle East correspondent Anat Peled details how Israel learned of a new Iranian plot to kill President Trump. Daniel Bach hosts.
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P.M. Edition for July 9. Federal safety officials have linked air-bags with counterfeit parts to at least 10 deaths in the U.S. since 2023. WSJ autos reporter Ryan Felton discusses why fixing the problem is so difficult, and what you can do about it. Plus, the Manhattan high-rise that was at risk of partial collapse earlier this week was one of a growing number of office-to-apartment conversions. We hear from Journal reporter Rebecca Picciotto about why it’s a reality-check moment for developers and investors. And U.S. existing home sales end the crucial spring season on a sour note, with a sharp decrease in June. Alex Ossola hosts.
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A.M. Edition for July 9. Maine’s populist Senate candidate Graham Platner drops out of the race under heavy pressure from Democrats. Plus, WSJ tech reporter Sam Schechner explains why China is considering restrictions on the homegrown AI apps U.S. companies are addicted to. And a new WSJ-NORC poll reveals Americans are losing confidence in two main pillars of society: capitalism and democracy. Daniel Bach hosts.
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P.M. Edition for July 8. While there’s more fighting in the Middle East, the NATO summit ended with a show of unity between the U.S. and its European allies. We caught up with WSJ Brussels bureau chief Dan Michaels in Ankara to discuss takeaways from the meeting for the U.S., Europe and Ukraine, including President Trump’s warm reception of its president, Volodymyr Zelensky. Plus, the latest forecast from the International Monetary Fund predicts that the world is no longer at risk of a recession caused by the war in Iran. Journal economics reporter Matt Grossman explains why. And Delta Air Lines announces its latest flight tier—basic business. Alex Ossola hosts.
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A.M. Edition for July 8. President Trump has lashed out at Iran’s leadership following a night of retaliatory strikes and said the ceasefire between Washington and Tehran is over. WSJ national security reporter Robbie Gramer has all the analysis from the NATO Summit in Ankara. where Trump also reiterated calls to annex Greenland and pull troops from Europe. Plus, SpaceX disappoints on its first day on the Nasdaq-100. And we look at how the White House pressured retailers to lower the price of beef ahead of all those July 4th barbeques. Daniel Bach hosts.
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P.M. Edition for July 7. Airlines raised prices after the Iran war to cover rising fuel costs. Now, fuel prices have fallen, but travelers may find that their ticket price hasn’t. Journal reporter Alison Sider explains. Plus, the Trump administration revokes a waiver that allowed Iran to sell oil after recent attacks in the Strait of Hormuz, threatening to unravel a shaky peace deal. And artificial intelligence companies like OpenAI and Anthropic want businesses to buy their cutting-edge products. Now they’re sweetening the deal with discounts. We hear from WSJ reporter Berber Jin about just how lucrative these credits are for the Silicon Valley startups using them. Alex Ossola hosts.
CORRECTION: A complaint about construction work at 235 East 42nd St. was an external complaint. An earlier version of this podcast incorrectly attributed the complaint to the Department of Buildings.
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A.M. Edition for July 7. As President Trump heads to Turkey for a NATO summit, Brussels Bureau Chief Daniel Michaels says the alliance is rushing to find replacements for the bombers, warships and soldiers that Washington says member nations can no longer rely on in a crisis. Plus, Democratic Party leaders urge Graham Platner to quit the Maine Senate race, a key path to winning a Senate majority in November. And as SpaceX joins the Nasdaq-100, WSJ markets reporter Hannah Erin Lang says investors in index trackers are exposed to Elon Musk’s rocket company whether they like it or not. Daniel Bach hosts.
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P.M. Edition for July 6. Crowds thronged the streets of Tehran today as part of the week of funeral events for Ali Khamenei, Iran’s Supreme Leader killed by the U.S. and Israel at the start of the war. WSJ Middle East correspondent Benoit Faucon discusses how Iran is using the funeral as a demonstration of its defiance–potentially complicating peace negotiations. Plus, we’re exclusively reporting that Klaus Schwab, the founder of the World Economic Forum that puts on Davos, is making a comeback bid. And the “Trump Accounts” for kids are now live. We hear from the Journal’s Elyse Goncalves about who should get one, even if it doesn’t come with $1,000 of seed money from the government. Alex Ossola hosts.
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A.M. Edition for July 6. European leaders are preparing for the latest test in a fractured relationship with the Trump administration. Ahead of this week’s NATO summit, WSJ senior reporter Drew Hinshaw has the inside scoop on months of secret meetings between allies looking to decouple from the U.S. Plus, WSJ autos reporter Stephen Wilmot explains how strong battery performance could change American views on electric vehicles. And the World Cup gets political - as President Trump intervenes. Daniel Bach hosts.
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P.M. Edition for July 2. The U.S. economy added fewer jobs than expected in June, changing investors’ expectations for a July interest-rate hike. We hear from Journal economics reporter Harriet Torry about a missing World Cup bump in hospitality jobs. Plus, WSJ energy reporter Jennifer Hiller explains how heat waves are taxing the U.S. electric grid. But at least we have AC. High temperatures across the Atlantic are making some Europeans reconsider their longstanding rejection of air conditioning. And after months of sluggish performance, Tesla sales jumped in the second quarter. Alex Ossola hosts.
Video: Trump Loyalty Demands Set Stage for Tense NATO Summit
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A.M. Edition for July 2. A report that Meta plans to enter the cloud business to sell excess AI computing power has dragged down an array of tech stocks in the U.S. and Asia. Plus, WSJ advertising editor Suzanne Vranica and reporter Mark Maurer unpack how AI is reshaping the marketing and consulting industries. And Russia strikes back against Ukraine with one of its largest missile barrages since the start of the war. Luke Vargas hosts.
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P.M. Edition for July 1. Today President Trump flew to North Dakota in new digs: the Air Force One plane that was gifted by Qatar. Journal national security reporter Marcus Weisgerber discusses the refurbishments to the plane as well as the controversies surrounding it. Plus, the U.S. has declined to renew the signature trade agreement with Canada and Mexico, putting the pact’s future in doubt—we’ll get into the economic consequences. And the U.S will now offer federal education funding for short training programs for jobs in fields like healthcare and cybersecurity. WSJ reporter Lauren Weber discusses how it works. Alex Ossola hosts.
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