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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.
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Businesses and investors keep making big bets on artificial intelligence. Earlier this month, Nvidia, whose chips power a lot of AI tech, topped $3 trillion in market cap. Other tech giants, like Microsoft and Amazon, are pledging billions to build up their AI capabilities. As their stocks soar and business leaders predict AI will cut costs and save companies major capital, will AI live up to the hype? Journal tech columnist Christopher Mims answers your questions on what AI can and can't do and what it'll take for the tech to fulfill its financial promises. Charlotte Gartenberg hosts.
Further Reading
This Record Stock Market Is Riding on Questionable AI Assumptions
The AI Revolution Is Already Losing Steam
Nvidia at $3 Trillion Isn’t Priced for Trouble
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How did markets react to the Federal Reserve’s projections for cutting interest rates? And what happened to Tesla’s shares after Elon Musk’s multibillion-dollar pay package was approved? Plus, why is Broadcom following in Nvidia’s footsteps with a stock split? 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 14. The opinion discards a rule issued in the aftermath of a 2017 massacre in Las Vegas perpetrated by a shooter armed with bump stocks, which modify semiautomatic weapons to fire with the speed and lethality of military firearms. And from United Airlines to Netflix, there are changes afoot in the world of advertising, as Chip Cutter hears from advertising reporter Patience Haggin. Plus, Wall Street Journal Peter Rudegeair on how hedge funds are swimming in so much cash that they’re allocating billions of dollars to other hedge funds. Pierre Bienaimé hosts.
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A.M. Edition for June 14. Elon Musk has won shareholders’ backing for his Tesla pay package, but that’s unlikely to put the issue to rest. Plus, with Gaza cease-fire talks at an impasse, the WSJ’s Rory Jones goes over the correspondence from Hamas’s military chief and the brutal calculation it reveals. And, Donald Trump floats a new idea for collecting federal revenue: all tariffs, no income tax. Luke Vargas hosts.
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P.M. Edition for June 13. The Supreme Court ruling preserved wide access to the pills, which are the most common method of ending a pregnancy in the U.S. Jess Bravin, Supreme Court correspondent, has more. And Heard on the Street deputy editor Aaron Back explains how the Fed cuts rates without actually cutting rates. Plus, Tesla shareholders voted to reapprove Elon Musk’s multibillion-dollar pay package. Francesca Fontana hosts.
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A.M. Edition for June 13. Elon Musk says he has “wide margins” to win as hareholder vote today over his record pay package. Jefferies analyst Philippe Houchois says the visionary CEO enjoys strong support from retail investors, but can also be seen as Tesla’s enemy. Plus, Argentinians take to the streets as President Javier Milei pushes his austerity agenda. And, we look at the divisive housing perk that can add thousands of dollars to lawmakers’ pay. Luke Vargas hosts.
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P.M. Edition for June 12. Federal Reserve officials indicated most are in no hurry to lower rates, even after a report showed inflation eased last month. Spencer Jakab, global editor of Heard on the Street, has more. And investigative reporter Joe Palazzolo discusses how several female employees at SpaceX say its founder Elon Musk showed them an unusual amount of attention or pursued them. Plus, U.S. travelers can now renew their passports online. Pierre Bienaimé hosts.
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A.M. Edition for June 12. We look at a new and fast-growing source of revenue for Nvidia as governments around the world pile into the artificial intelligence boom. The WSJ’s Sam Schechner and Asa Fitch explain what we mean by “sovereign AI” and who stands to benefit from countries’ race to control their AI destinies. Plus, the U.S. continues a diplomatic push for an Israel-Hamas cease-fire, but its ambitious plan to help deliver aid to Gaza is falling apart. And, McKinsey’s boss is tackling his next big consulting project: his own firm. Luke Vargas hosts.
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P.M. Edition for June 11. Hunter Biden was found guilty on all charges in a felony gun case. WSJ Justice Department reporter Ryan Barber discusses the verdict. And “anti-woke” activists have set their sights on corporate boards. Corporate news reporter Theo Francis explains what's behind the strategy. Plus, Andrea Petersen explains why some scientists are concerned about a sunscreen ingredient in your food. Sabrina Siddiqui hosts.
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A.M. Edition for June 11. Risky trades are roaring in popularity, driven by amateur investors piling into meme stocks and long-shot bets. The WSJ’s Hannah Miao says these self-proclaimed degenerate traders have Wall Street paying attention. Plus, derivatives regulator Christy Goldsmith Romero emerges as the White House’s top pick to head the FDIC. And, one prison in Brazil trades guard dogs for geese—with great success. Luke Vargas hosts.
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P.M. Edition for June 10. Economists say higher inflation than the 2% the Federal Reserve is aiming for could help the Fed get out of possible downturns. But, as economics reporter Justin Lahart points out, inflation is unpopular among consumers. And Apple announces a software update that includes generative artificial intelligence. Plus, extreme weather is putting crops like olives, cocoa and grapes at risk. Reporter Jon Emont says that is raising prices for goods like olive oil, chocolate and wine. Alex Ossola hosts.
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A.M. Edition for June 10. Nationalist parties make a strong showing in European Union elections, dealing a setback to leaders in France and Germany. The WSJ’s Laurence Norman says the results could influence the EU’s agenda on migration and the environment. Plus, Israeli Prime Minister Benjamin Netanayahu’s top rival quits the government over his handling of the war in Gaza. And activist investor Elliott takes a big stake in Southwest Airlines. Luke Vargas hosts.
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GLP-1 drugs like Ozempic, Wegovy, Mounjaro and Zepbound have been revolutionary for weight loss. They’re also sparking big changes in many industries – from food to medicine. Wall Street Journal tech editor Bradley Olson – who himself took a GLP-1 drug – and audio reporter Jessica Mendoza have been documenting impacts of this new class of drugs in a series – “Trillion Dollar Shot” – for our sister podcast The Journal. They answer listener questions on how it’s transforming bodies, fortunes and industries. Luke Vargas hosts.
Further Reading
The Quest for Treatments to Keep Weight Off After Ozempic
Can Ozempic Maker Novo Nordisk Keep Up Its Momentum?
How Drugs Like Ozempic Are Changing What We Think About Weight Loss
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Why is Spotify hiking its premium price? And how are J.M. Smucker and Lululemon dealing with lower consumer spending? Plus, what’s behind the wild moves of GameStop’s stock? 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 7. A 2017 tax overhaul is set to expire at the end of 2025, but tax policy reporter Richard Rubin says what comes after will depend on the outcome of this year’s election. And U.S. job numbers for May were higher than economists predicted, but unemployment also rose, painting a complicated picture of the economy. Plus, Donald Trump’s Mar-a-Lago is a South Florida gem, but just how much it is worth is a matter of dispute, as Wall Street Journal reporter E.B. Solomont discusses with Tali Arbel. Alex Ossola hosts.
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A.M. Edition for June 7. President Biden is emphasizing the importance of democratic principles as he seeks re-election, but polls show other issues are on voters’ minds. Plus, China’s outbound shipments top economists’ forecasts —defying the specter of looming U.S. tariffs. And, companies from Amazon to DoorDash have started to roll out deliveries by drone. But making aerial shipments profitable is a challenge, WSJ’s Liz Young explains. Luke Vargas hosts.
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P.M. Edition for June 6. The country’s aging power grid is due for a burst of new power and electricity demand driven by electric vehicles and new data centers for artificial-intelligence technology. Climate and energy reporter Scott Patterson discusses the White House’s plan to modernize it. And Keith Gill—the meme-stock influencer known as Roaring Kitty—single-handedly moved GameStop’s stock higher. But did he manipulate the market? Alexander Osipovich explains. Plus, business of social media reporter Salvador Rodriguez on Meta’s move to allow businesses on WhatsApp to use free artificial intelligence chatbots. Pierre Bienaimé hosts.
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A.M. Edition for June 6. The Federal Trade Commission is investigating whether Microsoft structured one of its latest deals to avoid an antitrust review. WSJ’s Kim Mackrael says regulators are concerned tech giants could snap up the most promising AI applications. Plus, Israel strikes a United Nations school and shelter in Gaza, saying Hamas was operating there. And, we take a look at the foods we might find more of on our plates in the future. Luke Vargas hosts.
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P.M. Edition for June 5. The Wall Street Journal’s David Uberti explains how a booming economy and rising household wealth are helping millions of Americans power through inflation. And the NBA is closing in on a $76 billion TV deal in a defining moment for media and sports. WSJ’s Isabella Simonetti has the details. Plus, Boeing’s Starliner finally blasts off on its first astronaut mission after setbacks and delays. Sabrina Siddiqui hosts.
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A.M. Edition for June 5. WSJ reporters Annie Linskey and Siobhan Hughes reveal accounts from both Republicans and Democrats that, behind closed doors, President Biden shows signs of slipping. Plus, a new Texas stock exchange backed by BlackRock and Citadel Securities aims to challenge New York’s dominance. And, discount retailer Dollar Tree explores a sale or spinoff of Family Dollar. Luke Vargas hosts.
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you don't need to add "reported".. enough with the passive voice. Israelis are doing atrocities. calling them out is not antisemitic... you can be cool with Jews but hate zio criminals
All the news put out of America goes to show how stupid so many of them are, and how dangerous it can be to let brainwashed.
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Rahm Emanuel sounds like a self serving politician in the worse sense. On the same day as the US Commerce Secretary is trying to improve relations with the US' largest trading partner. He as patronage appointed ambassador to Japan tries his best to start a trade war with China. What an idiot!
I've been an avid reader of WSJ's "What’s News" for quite some time now, and it never fails to deliver the latest and most comprehensive updates. The concise yet informative way in which the articles are presented makes it a go-to source for staying updated on current events. https://www.tuugo.us/Companies/prime-butcher-wrap/0310007028651 I particularly appreciate how "What’s News" covers a wide range of topics, from global politics to business trends and technological advancements. It's like a one-stop-shop for staying informed about the world around us. https://us.enrollbusiness.com/BusinessProfile/6338604/Prime-Butcher-Wrap-Chicago-IL-60618/Home
😂 I appreciate the expert not wasting air time or head space to extraneously explain another acronym. Stick to the meat and potatoes of the matter. 👍
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#mahsa_amini. Thanks for covering this cruelty.
#مهسا_امینی
Enough Monarch, PLEASE, there are more important things happening on this planet to cover :/
How about instances of retailers falsely accusing customers of theft and having them arrested while using the self check out?
wanting to have work life balance is NOT quiet quitting!!
12:44 time-stamp bank privacy.
Real estate? No. Money laundering. When the money laundering ends, so does the inflation in housing.
takeout popcorn what the hell?
I put off retirement for six years. The last year I worked was because of the pandemic. I enjoyed my career driving and could have stayed longer if I wanted. I made good money, and would recommend driving job to a friend.
were all these people in that room in cuba??
Poor Texans. Do they really support their governments differ politically with Surgeon General?