WSJ Minute Briefing

Justice Department Drops Investigation Into Jerome Powell

Fri, 24 Apr 2026 15:35:00 -0000

Plus: China’s DeepSeek unveils what it calls the most powerful open-source AI model on the market. And nuclear-energy company X-Energy’s $9 billion IPO means big gains for high-profile investors. Pierre Bienaimé hosts.

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Prediction Markets Face New Scrutiny After Soldier’s Alleged Insider Bets

Fri, 24 Apr 2026 10:14:00 -0000

Plus: A potential federal bailout of Spirit Airlines faces opposition in Washington.

And shares of Intel surge off hours, after the chip maker beat earnings estimates. Luke Vargas hosts.

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Stocks Slump on Fears of War Escalation

Thu, 23 Apr 2026 20:45:00 -0000

Plus: Tesla shares fell following a $25 billion capital expenditures announcement. And IBM shares dropped after keeping revenue guidance the same. Katherine Sullivan hosts.

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Trump Administration Reclassifies Marijuana as a Less Dangerous Drug

Thu, 23 Apr 2026 15:57:00 -0000

Plus: American Airlines says it could lose money this year because of higher fuel prices. And record low snowfall and warm weather added up to a bad ski season for Vail Resorts. Pierre Bienaimé hosts.

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Senate Clears $70 Billion DHS Funding Boost in Overnight Session

Thu, 23 Apr 2026 10:26:00 -0000

Plus: Oil prices gain for a fourth straight session as the conflict with Iran enters a damaging new phase. And Tesla shares slip following its earnings call. Luke Vargas hosts.

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Stocks Rebound After Cease-Fire Extension

Wed, 22 Apr 2026 20:45:00 -0000

Plus: Spirit Airlines stock soars on news it’s discussing a rescue plan with the Trump administration. And Best Buy shares slip after announcing its CEO is stepping down. Katherine Sullivan hosts.

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Iran Attacks Three Ships in the Strait of Hormuz

Wed, 22 Apr 2026 15:39:00 -0000

Plus: The Trump administration nears a deal to rescue discount carrier Spirit Airlines. And a pickup in Boeing’s commercial jet business helped reduce losses in the company’s most recent quarter. Alex Ossola hosts.

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Futures Rise On Cease-Fire Extension

Wed, 22 Apr 2026 10:33:00 -0000

Plus: Battery-maker CATL says you'll soon be able to fully charge your EV battery in just over six minutes. And SpaceX secures an option to buy AI coding startup Cursor for $60 billion ahead of a planned IPO. Luke Vargas hosts.

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Stocks Tick Lower as Investors Monitor Warsh Hearing

Tue, 21 Apr 2026 21:00:00 -0000

Plus: Apple shares fell after Tim Cook announced he will step down as CEO. And UnitedHealth shares rose after its earnings surpassed expectations. Katherine Sullivan hosts.

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Kevin Warsh Says Fed Independence Is Essential During Confirmation Hearing

Tue, 21 Apr 2026 16:12:00 -0000

Plus: Retail sales jump in March because of higher gasoline prices. And defense contractor RTX is raising its forecast for the year. Anthony Bansie hosts.

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Apple Taps Product Veteran to Take Over in the AI Era

Tue, 21 Apr 2026 10:23:00 -0000

Plus: Amazon is plowing an additional $5 billion into Anthropic. And the potential for another round of Iran-U.S. peace talks is perking up the markets today. Luke Vargas hosts.

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Oil Climbs, Stocks Fall on Fresh U.S.-Iran Tensions

Mon, 20 Apr 2026 20:53:00 -0000

Stocks fell, with the Nasdaq breaking its longest winning streak since 1992. Plus: AST SpaceMobile shares tumbled after a company satellite was incorrectly deployed in space. And shares in Marvell Technology rose amid talks with Google to build new AI chips. Pierre Bienaimé hosts.

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The Justice Department Is Investigating Beef Companies in a Criminal Antitrust Probe

Mon, 20 Apr 2026 16:24:00 -0000

Plus: Businesses can now officially request tariff refunds from the U.S. government. And FBI director Kash Patel sues the Atlantic publication for defamation. Alex Ossola hosts.

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Wall Street Braces for Volatility as Strait of Hormuz is Shut Again

Mon, 20 Apr 2026 10:19:00 -0000

Plus: the U.A.E. asks the U.S. for a financial lifeline. And this week's economic data is set to reveal the Iran war's impact on the U.S. economy. Luke Vargas hosts.

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Stocks Surge After Iran Opens Strait

Fri, 17 Apr 2026 20:41:00 -0000

The S&P 500 and Nasdaq both ended at new highs. Plus: QVC shares drop after the company files for bankruptcy. And Netflix shares plummet after issuing disappointing guidance. Katherine Sullivan hosts.

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Oil Prices Tumble, Stocks Jump After Iran Says Strait of Hormuz Is Open

Fri, 17 Apr 2026 16:34:00 -0000

Plus: Ford is recalling up to 1.4 million F-150 pickups. And Anthropic’s CEO is scheduled to visit the White House as the AI company tries to ease tensions with the Trump administration. Pierre Bienaimé hosts.

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Israel-Lebanon Peace Talks Risks New Rift With Hezbollah

Fri, 17 Apr 2026 10:21:00 -0000

Plus: The House failed to advance a compromise proposal to renew a national-security surveillance program for five years. And the FAA curbs plans by United and American to increase summer flights at Chicago’s O’Hare. Luke Vargas hosts.

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Second Straight Day of Records for Nasdaq and S&P 500

Thu, 16 Apr 2026 21:00:00 -0000

Investors held out hope for continued peace talks with Iran. Plus: Kering shares fall as it attempts to turnaround luxury brands like Gucci. Katherine Sullivan hosts.

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U.S. Will Pursue Iran-Linked Ships Beyond the Mideast

Thu, 16 Apr 2026 15:59:00 -0000

Plus: Charles Schwab’s quarterly profit jumped 30%. And PepsiCo’s revenue climbed 8.5% after it cut prices on signature snacks. Pierre Bienaimé hosts.

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Washington Dusts Off World War II Playbook

Thu, 16 Apr 2026 10:17:00 -0000

Plus: Spirit Airlines is at risk of liquidation as its plans to escape bankruptcy collide with surging fuel prices. And the world’s largest contract chip maker, TSMC, posts a nearly 60% jump in quarterly net profit. Luke Vargas hosts.

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S&P 500 Closes Above 7000

Wed, 15 Apr 2026 20:41:00 -0000

The Nasdaq also hit a new record. Plus: Shares in sneaker company Allbirds skyrocket after announcing a pivot to AI infrastructure. Katherine Sullivan hosts.

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Trump Threatens to Fire Powell Once Fed Chair Term Ends

Wed, 15 Apr 2026 16:11:00 -0000

Plus: The Trump administration is eyeing a head of the CDC after months of upheaval at the health agency. And Bank of America is the latest big lender seeing resilience in the U.S. economy. Pierre Bienaimé hosts.

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Maine Bans Large Data Centers in U.S. First

Wed, 15 Apr 2026 09:58:00 -0000

Plus: Maine becomes the first state to ban large data-center construction. And the NAACP sues Elon Musk’s xAI, alleging the company’s efforts to power its data centers in Tennessee and Mississippi are creating a local health risk. Daniel Bach hosts.

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Nasdaq Rises for Tenth Straight Day as U.S. and Iran Continue Talks

Tue, 14 Apr 2026 20:49:00 -0000

Oil prices fell while stocks jumped. Plus: Shares in both United Airlines and American Airlines get a boost after merger talk. Katherine Sullivan hosts.

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IMF Warns of Weaker Economic Growth If Iran War Doesn’t End Soon

Tue, 14 Apr 2026 15:50:00 -0000

Plus: JPMorgan Chase reports higher profit and revenue for the first quarter. And Amazon acquires Starlink rival Globalstar. Alex Ossola hosts.

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Saudi Arabia Presses U.S. to Drop Blockade

Tue, 14 Apr 2026 10:17:00 -0000

Plus: The Iran war begins to hurt China’s export momentum. And LVMH posts weak first quarter sales as the conflict weighs on hopes of a rebound in demand for luxury goods. Daniel Bach hosts.

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U.S. Blockade of the Strait of Hormuz Sends Oil Higher

Mon, 13 Apr 2026 20:46:00 -0000

Plus: Goldman Sachs shares drop after a poor performing fixed income segment. And Palantir stock rebounds after a drop earlier this month. Katherine Sullivan hosts.

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The U.S. Blockade of the Strait of Hormuz Has Begun

Mon, 13 Apr 2026 16:13:00 -0000

Plus: Goldman Sachs reports a record quarter in banking and trading. And Google is expected to lose its digital-ad crown to Meta. Anthony Bansie hosts.

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U.S. and Iran Trade Threats Over Strait of Hormuz

Mon, 13 Apr 2026 09:59:00 -0000

Plus: Hungarian prime minister Viktor Orbán suffers a landslide defeat in national elections. And McDonald’s plans to capitalize on the booming energy drinks and specialty sodas segment with a new line of drinks. Daniel Bach hosts.

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High Inflation Report Sends Dow Down

Fri, 10 Apr 2026 20:39:00 -0000

Consumer prices hit a nearly two-year high. Plus: Organon shares jumped after the company agreed to be purchased. Katherine Sullivan hosts.

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March Inflation Rate Jumps to 3.3%, Driven by High Gas Prices

Fri, 10 Apr 2026 16:01:00 -0000

Plus: European airports are looking at severe jet fuel shortages if the Strait of Hormuz isn’t fully opened. And CoreWeave and Anthropic form an AI cloud agreement. Anthony Bansie hosts.

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Israel’s Lebanon War Threatens Iran Cease-Fire

Fri, 10 Apr 2026 10:19:00 -0000

Plus: Japan plans to release extra oil reserves to try and stabilize energy prices. And the White House warns staffers about placing bets linked to the Iran war on futures markets. Daniel Bach hosts.

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Hopes for a Cease-Fire in Lebanon Sends Oil Prices Down

Thu, 09 Apr 2026 21:02:00 -0000

Stocks closed higher, reversing morning declines. Plus: Constellation brands shares rose as it reported a rebound of interest in its Corona and Modelo brands. Katherine Sullivan hosts.

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Iran’s Strikes on Gulf Neighbors Appear to Halt

Thu, 09 Apr 2026 16:23:00 -0000

Plus: a key inflation measure watched by the Fed remained high in February, before the Iran war. And the Department of Justice has opened an investigation into the NFL. Anthony Bansie hosts.

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Lebanon Strikes Emerge as Major Hurdle for U.S. and Iran Peace Deal

Thu, 09 Apr 2026 10:28:00 -0000

Plus: Disney’s new CEO starts slashing jobs. And a setback for Anthropic in its legal fight with the Pentagon. Daniel Bach hosts.

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Iran Cease-Fire Deal Sends Stocks Soaring

Wed, 08 Apr 2026 20:51:00 -0000

Oil prices fell as trade through the Strait of Hormuz may resume. Plus: Blue Owl Capital shares fell after Moody’s downgraded its private-credit fund. Katherine Sullivan hosts.

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Missiles Fly Across the Persian Gulf Despite Cease-Fire

Wed, 08 Apr 2026 16:45:00 -0000

Plus: Delta Air Lines is warning travelers to expect higher fares and fewer flights. And Exxon Mobil expects the war in Iran to cut its global oil and gas production by six percent in the first quarter. Anthony Bansie hosts.

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Trump Agrees to Two-Week Iran Cease-Fire

Wed, 08 Apr 2026 10:02:00 -0000

Plus: Clayton Fuller wins in Georgia’s 14th Congressional District to hold Marjorie Taylor Greene’s seat for Republicans. And under pressure to protect user data, TikTok plans a second data center in Finland. Daniel Bach hosts.

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Stocks Turn Higher on Cease-Fire Hopes

Tue, 07 Apr 2026 21:00:00 -0000

Plus: Airlines stocks slide ahead of a turbulent earnings season. And shares of health-insurance companies rise after the Trump administration announces it’ll raise payments to Medicare insurers next year. Julie Chang hosts.

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Higher-Dose Weight-Loss Shots Are Hitting U.S. Shelves

Tue, 07 Apr 2026 16:10:00 -0000

Plus: Blackstone closes its largest private credit fund amid industry turmoil. And stocks react to President Trump’s latest threats to Iran. Imani Moise hosts.

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Medicare Insurer Payments to Rise in 2027

Tue, 07 Apr 2026 10:05:00 -0000

Plus: Bill Ackman's Pershing Square Capital offers more than $63 billion to buy Universal Music Group. And Amazon and the U.S. Postal Service reach a delivery deal after the e-commerce giant threatened to cut back the packages it ships through USPS by 20%. Luke Vargas hosts.

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Stocks Tick Up Ahead of Trump’s Hormuz Deadline

Mon, 06 Apr 2026 20:57:00 -0000

Plus: Tesla shares drop after weak earnings estimates. And Paramount Skydance stock rises after securing new equity commitments. Katherine Sullivan hosts.

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Stocks Open Higher on Cease-Fire Efforts

Mon, 06 Apr 2026 15:53:00 -0000

Plus: Israel says it hit a key Iranian energy site. And the Treasury Department has tapped BNY Mellon and Robinhood to help run Trump accounts for children. Imani Moise hosts.

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Trump Threatens Iran’s Power Plants

Mon, 06 Apr 2026 10:32:00 -0000

Plus: Paramount secures nearly $24 billion from three Middle East sovereign-wealth funds for its Warner Bros. Discovery takeover. And PepsiCo and Diageo drop their sponsorship of a London music festival after Kanye West is named as the headliner. Luke Vargas hosts.

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One Crew Member of Downed U.S. Fighter Jet Is Rescued

Fri, 03 Apr 2026 20:41:00 -0000

Plus: OpenAI’s Fidji Simo to take medical leave as part of leadership changeup ahead of planned IPO. And a judge rejects the Justice Department’s bid to renew subpoenas against Federal Reserve Chair Jerome Powell. Katherine Sullivan hosts.

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U.S. Conducting Rescue Operation After Jet Shot Down Over Iran

Fri, 03 Apr 2026 15:45:00 -0000

Plus: President Trump is seeking an unprecedented $1.5 trillion in defense spending in the next fiscal year. And the U.S. economy added 178,000 jobs in March, blowing past expectations. Alex Ossola hosts.

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Hegseth Removes Army’s Top General in Expanding Pentagon Purge

Fri, 03 Apr 2026 10:19:00 -0000

Plus: the Trump administration amps up its defense of prediction markets. And today’s jobs report could clarify whether February’s big jobs drop was a blip, or the start of something more serious. Luke Vargas hosts.

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Stocks Recover From Steep Sell Off Following Trump’s Iran Address

Thu, 02 Apr 2026 20:48:00 -0000

Stocks opened lower after Trump vowed to hit Iran “extremely hard”. Plus: Shares in Delta and United airlines drop as investors worry about the price of jet fuel. Katherine Sullivan hosts.

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European Leaders Discuss Reopening Strait of Hormuz

Thu, 02 Apr 2026 16:33:00 -0000

Plus: Investors in two of Blue Owl Capital’s biggest private-credit funds asked to pull out roughly $5.4 billion in the first quarter. And Tesla and Rivian report sales growth. Imani Moise hosts.

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Trump Tries to Sell Americans Iran War

Thu, 02 Apr 2026 10:20:00 -0000

Plus: Eli Lilly’s obesity pill gets approval, and will take on a rival from Novo Nordisk in the booming GLP-1 drug market. And the Trump Administration is expected to overhaul steel and aluminum tariffs. Luke Vargas hosts.

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Stocks Continue Rally on Hopes for a Quick End to War

Wed, 01 Apr 2026 20:53:00 -0000

Plus: Boeing shares rise after signing a deal with the Department of Defense. And Nike shares fall after losing ground in China. Katherine Sullivan hosts.

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Elon Musk’s SpaceX Files for Mega-IPO

Wed, 01 Apr 2026 16:34:00 -0000

Plus: Anthropic races to contain leak of code behind Claude AI agent. Intel agrees to buy out Apollo Global Management’s stake in Irish chip manufacturing plant. And President Trump raises the possibility of leaving NATO. Imani Moise hosts.

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U.A.E. Signals Intent to Join Iran Fight

Wed, 01 Apr 2026 10:44:00 -0000

Plus: President Trump is turning up the pressure on the Supreme Court, as it prepares to hear arguments on limiting U.S. citizenship. And the U.S. has secured a major mining deal in the Congo, gaining a key advantage over China. Luke Vargas hosts.

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Stocks Rally on Hopes Iran War Is Nearing an End

Tue, 31 Mar 2026 20:51:00 -0000

The Nasdaq led the gains. Plus: McCormick shares slide following a merger announcement with Unilever. Katherine Sullivan hosts.

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Stocks Rise After Trump Administration Considers Ending Iran War

Tue, 31 Mar 2026 16:12:00 -0000

Plus: Unilever and McCormick to create a grocery goods giant. And growth in U.S. home prices is slowing. Imani Moise hosts.

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Trump May Be Willing to End War Without Reopening Hormuz

Tue, 31 Mar 2026 10:08:00 -0000

Plus: High earners in Washington State will face a new tax on income over $1 million starting in 2028. And New American Heart Association diet advice contradicts the government’s nutrition guidelines. Luke Vargas hosts.

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Nasdaq Retreats as U.S. Crude Pushes Above $100

Mon, 30 Mar 2026 20:48:00 -0000

Plus: Shares in major oil companies climbed as crude prices rose. And Sysco shares fell after a deal to buy Jetro Restaurant Depot. Katherine Sullivan hosts.

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New Government Rule Would Move Private Credit Closer to 401(k)s

Mon, 30 Mar 2026 16:27:00 -0000

Plus: Treasury Secretary Scott Bessent says the U.S. plans to eventually take control of the Strait of Hormuz. And the CEO of Air Canada will retire following a bungled condolences message after the LaGuardia crash. Imani Moise hosts.

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Trump Considers Military Operation to Extract Iran’s Uranium

Mon, 30 Mar 2026 10:33:00 -0000

Plus: Sysco nears a deal to buy family-owned Restaurant Depot for roughly $29 billion. And Chinese EV leader BYD posts its first annual profit decline in four years amid fierce competition and soft domestic demand. Luke Vargas hosts.

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Steep Losses Send Dow Into Correction Territory

Fri, 27 Mar 2026 20:53:00 -0000

Dow slides 1.7%, as the S&P 500 posts its fifth straight week of losses. Plus: Carnival shares drop after the cruise line cuts its outlook. And AstraZeneca shares rise after successful clinical trial results. Katherine Sullivan hosts.

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Markets See No Chance of Fed Interest-Rate Cuts This Year

Fri, 27 Mar 2026 15:20:00 -0000

Plus: "Today" show co-anchor Savannah Guthrie is returning to the morning program. And Meta Platforms agrees to fund the massive energy infrastructure needed for a $27 billion data center project in Louisiana. Pierre Bienaimé hosts.

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Late-Night Deal to Fund DHS Averts Airport Crisis

Fri, 27 Mar 2026 10:37:00 -0000

Plus: Anthropic scores an early victory in its legal fight with the Pentagon. And Elon Musk’s SpaceX is expected to file paperwork with regulators for its highly-anticipated IPO. Luke Vargas hosts.

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Nasdaq Enters Correction Territory

Thu, 26 Mar 2026 20:37:00 -0000

Oil prices pushed above $100. Plus: Olaplex shares rally after acquisition deal. And H&M stock slides after muted sales. Katherine Sullivan hosts.

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Wall Street Bonuses Hit a New Record

Thu, 26 Mar 2026 16:34:00 -0000

Plus: Mortgage rates rise for the fourth week in a row, threatening to chill the start of the spring home-buying season. And the Justice Department said it filed an antitrust lawsuit against the NewYork-Presbyterian hospital system. Alex Ossola hosts.

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President Trump Wants to End Iran War Soon

Thu, 26 Mar 2026 10:07:00 -0000

Plus: EU lawmakers vote on whether to back its U.S. trade deal. And Rio Tinto exits the diamond business. Luke Vargas hosts.

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Cautious Optimism for Iran Cease-Fire Deal Boosts Stocks

Wed, 25 Mar 2026 20:45:00 -0000

Plus: Chewy shares rally after upbeat guidance. And Newmont stock rises after gold prices rebound. Katherine Sullivan hosts.

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Iran Dismisses U.S. Peace Plan

Wed, 25 Mar 2026 15:47:00 -0000

Plus: President Trump plans to name some of the biggest names in business to a tech advisory panel. And drugmaker Merck acquires Terns Pharmaceutical for $6 billion to gain access to a promising cancer treatment. Alex Ossola hosts.

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Meta Targets $9 Trillion Valuation in New Executive Pay Plan

Wed, 25 Mar 2026 10:18:00 -0000

Plus: Arm Holdings pivots from partner to rival, sending shares soaring on news it will design and sell its own chips. And South Korean chip giant SK Hynix is eyeing a U.S. listing. Luke Vargas hosts.

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Stocks Fall and Oil Prices Climb Again

Tue, 24 Mar 2026 20:30:00 -0000

Tesla shares rise after sales gains in Europe. And Amazon stock falls after reported disruptions to its data centers in Bahrain. Katherine Sullivan hosts.

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Insurance Prices Soar for Ships in the Persian Gulf

Tue, 24 Mar 2026 15:56:00 -0000

Apollo shares fall after one of its private-credit funds caps redemptions. And FedEx is launching a new same-day delivery service. Anthony Bansie hosts.

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Senate Nears DHS Funding Deal to End Airport Queues

Tue, 24 Mar 2026 09:56:00 -0000

Plus: The EU and Australia have inked a new free-trade deal and security partnership. And Estée Lauder is in talks to create a global beauty giant. Luke Vargas hosts.

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Market Rallies After U.S. Postpones Strikes on Iran

Mon, 23 Mar 2026 20:43:00 -0000

Oil dropped below $100 barrel on the news. Plus: Meta Platforms stock rises after Mark Zuckerberg says he’s building his own AI agent. Katherine Sullivan hosts.

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Trump Postpones U.S. Strikes on Iranian Energy Infrastructure

Mon, 23 Mar 2026 15:47:00 -0000

Plus: Lawmakers introduce a bipartisan bill banning sports bets on prediction markets Kalshi and Polymarket. And David Simon, the man who built the biggest mall owner in the U.S., has died at the age of 64. Pierre Bienaimé hosts.

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Clock is Ticking For Iran to Open Strait of Hormuz

Mon, 23 Mar 2026 09:57:00 -0000

Plus: Two pilots have been killed after an Air Canada Express plane collided with a firefighting vehicle in New York’s LaGuardia Airport. And activist Elliott builds a big stake in chip-design software maker Synopsys. Luke Vargas hosts.

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Stocks Fall for Fourth Straight Week

Fri, 20 Mar 2026 20:48:00 -0000

Nasdaq loses 2% to close out the week. Plus: Super Micro Computer shares plummet after employees are accused of smuggling servers to China. Nexstar Media’s shares rise after closing Tegna merger. Katherine Sullivan hosts.

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DOJ Sues Harvard Over Jewish Students’ Civil Rights

Fri, 20 Mar 2026 17:03:00 -0000

Plus: The Pentagon is sending three warships and additional Marines to the Middle East. And a new federal indictment alleges that several employees at Super Micro Computer—including its co-founder—smuggled Nvidia chips to China. Pierre Bienaimé hosts.

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U.S. Intensifies Military Action to Reopen Strait of Hormuz

Fri, 20 Mar 2026 10:17:00 -0000

Plus: Blue Origin has formally entered the race to develop AI data centers in space. And OpenAI plans to streamline its products into a desktop “superapp” as part of its bid to catch up to Anthropic. Luke Vargas hosts.

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Stocks Pare Early Losses But Close Lower

Thu, 19 Mar 2026 20:49:00 -0000

President Trump says he wouldn’t “put troops anywhere” when asked about moving forces toward Iran. Plus: Tesla shares fall after U.S. regulars expand a probe into the company’s automated driving-assistance system. Katherine Sullivan hosts.

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Hegseth Says There’s ‘No Time Set’ for the End of Operations in Iran

Thu, 19 Mar 2026 16:26:00 -0000

Plus: Federal regulators deepen their probe into Tesla’s automated driving-assistance system. And European central banks held interest rates steady. Alex Ossola hosts.

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Oil and Gas Prices Jump as Iran Targets Gulf Energy Infrastructure

Thu, 19 Mar 2026 10:29:00 -0000

Plus: Micron shares drop over squeezed supply amid AI memory demand. And global central banks hold rates steady over concern about weaker growth and higher inflation in the coming months. Luke Vargas hosts.

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Fed Chair Powell Voices Inflation Worries

Wed, 18 Mar 2026 20:54:00 -0000

U.S. stocks close lower after Federal Reserve Chair Jerome Powell warns of “energy shock.” Plus: Macy’s shares climb as Bloomingdale’s shows retail strength. Shares of Unilever fall on report of possible food spinoff. Julie Chang hosts.

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Israel Strikes Massive Iranian Gas Field

Wed, 18 Mar 2026 15:43:00 -0000

Plus: The strikes are sending oil prices rising again. And Macy’s posted surprisingly strong fourth-quarter earnings but sounded a note of caution for the year ahead. Alex Ossola hosts.

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Gulf States Call on U.S. to Crush Iran’s Ability to Harm Them

Wed, 18 Mar 2026 10:36:00 -0000

Plus: Amazon is planning a major cut in packages sent through the already cash-strapped U.S. Postal Service. And chips stocks help U.S. futures rise after Nvidia says it has restarted manufacturing H200 processors for China. Luke Vargas hosts.

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Investors Set Aside Iran Worries, Pushing Stocks Higher

Tue, 17 Mar 2026 20:42:00 -0000

Brent crude closes at more than $103 a barrel. Plus: Uber shares rise after an expanded partnership with Nvidia. Eli Lilly shares fall after HSBC analyst downgrade. Katherine Sullivan hosts.

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U.S. Counterterrorism Official Resigns Over Concerns With Iran War

Tue, 17 Mar 2026 16:26:00 -0000

Plus: Pending home sales in the U.S. rise in February. And airline carriers raise their forecasts. Anthony Bansie hosts.

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Israel Believes Strike Killed Iranian Security Chief Ali Larijani

Tue, 17 Mar 2026 10:51:00 -0000

Plus: Oil and natural gas prices are rising today. And President Trump has asked China to delay a summit with Xi Jinping in Beijing originally scheduled for this month. Luke Vargas hosts.

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Stocks Rise as Pressure to Reopen Strait of Hormuz Intensifies

Mon, 16 Mar 2026 20:51:00 -0000

Plus: Nvidia shares were up as the CEO gave a keynote speech at the company’s AI conference. And Dollar Tree stock climbed after the company reported quarterly profits. Katherine Sullivan hosts.

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Nvidia’s Developers' Conference Is Focusing on a New Type of AI Computing

Mon, 16 Mar 2026 16:15:00 -0000

Plus: Italian bank UniCredit has offered to buy all the remaining shares of Germany’s Commerzbank. And Intuit plans to roughly double its stock buybacks to shore up its falling stock. Pierre Bienaimé hosts.

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Trump Tries to Build Coalition to Open the Strait of Hormuz

Mon, 16 Mar 2026 10:53:00 -0000

Plus: Workers at one of the nation’s largest meatpacking plants are set to strike amid soaring beef prices. And U.S. airline executives urge Congress to pay air-traffic controllers and airport security officers as spring travel season heats up. Luke Vargas hosts.

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Stocks Slide as Attacks In Strait of Hormuz Escalate

Fri, 13 Mar 2026 20:40:00 -0000

A weak GDP estimate contributed to the declines. Plus: Meta shares slide after reports that it delayed releasing a new AI model. Katherine Sullivan hosts.

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Consumer Sentiment Falls in March

Fri, 13 Mar 2026 16:03:00 -0000

Plus: The U.S. economy grew more slowly than previously reported at the end of last year. And Adobe’s CEO will step down after the company finds a new leader for the AI era. Pierre Bienaimé hosts.

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U.S. Air Force Refueling Plane Crashes in Iraq

Fri, 13 Mar 2026 10:11:00 -0000

Plus: Oil prices hold above $100, despite U.S. plan to allow countries to purchase sanctioned Russian crude already at sea. And TikTok’s parent company ByteDance ramps up AI cloud computing power outside China. Daniel Bach hosts.

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Stocks Slide as Oil Prices Rise

Thu, 12 Mar 2026 20:48:00 -0000

All three major indexes lost more than a point. Plus: Bumble shares jumped as the company touted its turnaround strategy. Katherine Sullivan hosts.

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Iran’s New Leader Vows to Fight On

Thu, 12 Mar 2026 15:42:00 -0000

Plus: The U.S. trade deficit declined in January, continuing a volatile run. And Honda expects to swing to its first annual loss in decades after reevaluating its EV strategy. Pierre Bienaimé hosts.

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Crisis Escalates in the Strait of Hormuz

Thu, 12 Mar 2026 10:43:00 -0000

Plus: Trump administration launches tariff investigations into trade practices the U.S. deems unfair. And Costco faces a potential class-action lawsuit aimed at forcing the retailer to pass along any tariff refunds to customers. Daniel Bach hosts.

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Stocks Close Mostly Down as Oil Prices Push Higher

Wed, 11 Mar 2026 20:47:00 -0000

Plus: Goldman Sachs stock fell as the financial sector faced pressure. And Campbell’s shares dropped as the company reported low demand for snack foods. Katherine Sullivan hosts.

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Inflation Holds Steady in February

Wed, 11 Mar 2026 15:46:00 -0000

Plus: The International Energy Agency will release 400 million barrels of oil, its largest reserves distribution in history. And three ships have been hit near the Strait of Hormuz. Alex Ossola hosts.

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IEA Proposes Massive Oil Reserves Release

Wed, 11 Mar 2026 10:29:00 -0000

Plus: Four people are injured after a pair of Iranian drones fell near Dubai International Airport. And Oracle shares rally as the company’s sales outlook improves on demand for AI cloud computing. Luke Vargas hosts.

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Stocks Close Mixed as Oil Prices Drop

Tue, 10 Mar 2026 20:56:00 -0000

Boeing shares slide after announcing delivery delays for its 737 Max aircraft. And Exxon Mobile stock slips after announcing it’s moving its corporate headquarters. Katherine Sullivan hosts.

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February Home Sales Rose

Tue, 10 Mar 2026 15:51:00 -0000

Plus: Defense Secretary Pete Hegseth said that the U.S. “will not relent” until Iran is defeated. And oil prices fall on the suggestion that the conflict could end soon. Alex Ossola hosts.

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Trump Advisors Urge President to End Iran War

Tue, 10 Mar 2026 10:10:00 -0000

Plus: The world’s largest EV battery maker tops expectations despite higher lithium prices and cooling EV demand in China. And U.S. airports are warning travelers to prepare to spend hours in security lines, with the partial government shutdown stretching security workers. Daniel Bach hosts.

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Stocks Rally Following Trump’s War-Progress Comments

Mon, 09 Mar 2026 21:04:00 -0000

Oil dropped below $90 after swinging to as high as $119. Plus: Donald Trump Jr., and Eric Trump announce an investment in a drone company. Katherine Sullivan hosts.

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Group of Seven Ready to Tap Oil Reserves if Needed

Mon, 09 Mar 2026 16:05:00 -0000

Plus: Live Nation and the Justice Department have reached an antitrust settlement. And Novo Nordisk will sell weight-loss drugs through Hims & Hers, ending a legal dispute. Anthony Bansie hosts.

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Gulf Squeeze Pushes Oil Past $100

Mon, 09 Mar 2026 10:26:00 -0000

Plus: Donald Trump Jr. and Eric Trump are among the investors in Powerus, a company formed to bring Ukrainian drones to the U.S. And activist Starboard Value builds a big stake in french-fry maker Lamb Weston. Daniel Bach hosts.

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Weak Jobs Report Weighs on Stocks

Fri, 06 Mar 2026 21:46:00 -0000

Nasdaq leads major U.S. indexes lower as the unemployment rate ticks up to 4.4% and oil prices surge to more than $90 a barrel. Plus: Gap shares slide on weak sales for its Athleta brand. Katherine Sullivan hosts.

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The U.S. Economy Lost 92,000 Jobs in February

Fri, 06 Mar 2026 17:46:00 -0000

Plus: Kuwait cuts oil production. And markets react to the jobs report and mounting tensions in the Middle East. Anthony Bansie hosts.

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Israel Moves to ‘Next Phase’ in Iran

Fri, 06 Mar 2026 11:34:00 -0000

Plus: The U.S. and Venezuela restart diplomatic relations with the aim of promoting the country’s economic recovery And investors wait on the latest U.S. jobs numbers. Luke Vargas hosts.

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Rising Oil Prices Send U.S. Stocks Down

Thu, 05 Mar 2026 21:48:00 -0000

Plus: Morgan Stanley shares fell after announcing layoffs. And Meta Platforms stock drops after responding to antitrust concerns in Europe. Katherine Sullivan hosts.

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Middle East Conflict Spreads to More Countries

Thu, 05 Mar 2026 16:45:00 -0000

Plus: U.S. imports of Venezuelan oil are rising. And Target details its store opening and remodeling plans as it seeks to turn its business around. Danny Lewis hosts.

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China Hints at New Lower Growth Era

Thu, 05 Mar 2026 11:33:00 -0000

Plus: A federal trade-court judge says the Trump administration owes more than $130 billion in tariff refunds. And Morgan Stanley fires 2,500 employees. Luke Vargas hosts.

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U.S. Stocks Rebound as Worries Over the Iran Conflict Ease

Wed, 04 Mar 2026 21:46:00 -0000

The Nasdaq gained 1.3 percent. Plus: Meta share rise on reports of new superintelligence efforts. Katherine Sullivan hosts.

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The U.S. Sank an Iranian Warship

Wed, 04 Mar 2026 16:45:00 -0000

Plus: An Iranian missile launched at Turkey is shot down. QatarEnergy, the world’s largest producer of liquified natural gas, declares force majeure. And U.S. markets and oil prices stabilize. Alex Ossola hosts.

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Israel Targets Iran's Police State, Hoping to Enable a Popular Uprising

Wed, 04 Mar 2026 11:27:00 -0000

Plus: South Korean stocks see a record drop as fighting in the Mideast ripples across Asian economies. And James Talarico wins Texas’s Senate Democratic primary. Daniel Bach hosts.

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Stocks Drop but Pare Deeper Early Losses

Tue, 03 Mar 2026 21:48:00 -0000

Escalating Middle East conflict pushes stocks lower and oil prices higher. Plus: Target shares rise as investors anticipate a turnaround plan from the company. Katherine Sullivan hosts.

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Israel Strikes Tehran and Beirut

Tue, 03 Mar 2026 16:35:00 -0000

Plus: U.S. stocks slide as the conflict widens in the Middle East. And Target’s new CEO has a plan to turn the company around. The retailer reported another sluggish quarter of sales today. Alex Ossola hosts.

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U.S. Orders Americans in 14 Mideast Nations to Leave

Tue, 03 Mar 2026 11:10:00 -0000

Plus: The first flights have begun taking off from Dubai even as airspaces remain shut in large parts of the Middle East. And how the escalating conflict is raising the spectre of higher inflation. Daniel Bach hosts.

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Stocks Close Mixed as Investors React to Middle East Conflict

Mon, 02 Mar 2026 21:50:00 -0000

Oil prices leapt and defense stocks saw a boost. Plus: United Airlines stocks dip after cancelling all flights to the region. Katherine Sullivan hosts.

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More U.S. Troops Are Headed to Middle East

Mon, 02 Mar 2026 17:15:00 -0000

Plus: U.S. stocks were trading lower this morning, while shares in the U.S. energy sector jumped. And the Justice Department’s antitrust trial against Live Nation kicks off today. Alex Ossola hosts.

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Oil Jumps on Disruption Fears in Strait of Hormuz

Mon, 02 Mar 2026 12:04:00 -0000

Plus: Gulf states face Iranian counter attacks, upsetting their image of safety. And U.S. forces used Anthropic’s AI to coordinate strikes in Iran, defying a White House order to stop working with the company. Daniel Bach hosts.

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U.S. Stocks Sell Off to End the Month

Fri, 27 Feb 2026 22:11:00 -0000

Plus: Private credit concerns send Goldman Sachs stocks down. And Dell shares jump after a huge increase in its quarterly sales. Katherine Sullivan hosts.

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OpenAI Working on Pentagon Deal

Fri, 27 Feb 2026 17:04:00 -0000

Plus: Trump Media says it’s in talks to spin off businesses including Truth Social. And experts say Iran is far from building intercontinental ballistic missiles. Pierre Bienaimé hosts.

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Paramount Wins the Warner Discovery Sweepstakes

Fri, 27 Feb 2026 11:25:00 -0000

Plus: Anthropic says it won’t relax its AI safety measures in the face of the Pentagon’s ultimatum. And Pakistan says it's in open war with Afghanistan over cross-border Taliban attacks. Daniel Bach hosts.

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Nvidia Drags Nasdaq Lower

Thu, 26 Feb 2026 21:40:00 -0000

Plus: Zoom Communications stock falls after missing expectations. And J.M. Smucker shares rally after agreeing to appoint two new positions to its board. Katherine Sullivan hosts.

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World Economic Forum Chief Resigns After Epstein Probe

Thu, 26 Feb 2026 17:22:00 -0000

Plus: Papa John’s International says it’s closing 300 U.S. stores and cutting corporate jobs. And Warner Bros. Discovery reports lower quarterly revenue. Pierre Bienaimé hosts.

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The U.S. and Iran Resume Tough Nuclear Talks

Thu, 26 Feb 2026 11:43:00 -0000

Plus: an increasing number of American adults under 55 are dying of heart attacks. And Jensen Huang calls AI concerns overblown, following another blockbuster earnings report from Nvidia. Daniel Bach hosts.

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Record Nvidia Earnings Ease Fears of AI Bubble

Wed, 25 Feb 2026 22:17:00 -0000

Plus: Salesforce revenue outlook falls below expectations. Cava shares surge as the restaurant chain reports positive sales. Katherine Sullivan hosts.

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Spy Agency Says It Can’t Share Gabbard Whistleblower Intelligence With Congress

Wed, 25 Feb 2026 16:48:00 -0000

Plus: Bill Gates apologizes to the staff of the Gates Foundation over his ties to Jeffrey Epstein. And Circle reports surging quarterly profits after investors continued to seek out its stablecoin. Alex Ossola hosts.

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No News Is Good News as Markets Gain After Trump’s Speech

Wed, 25 Feb 2026 11:02:00 -0000

Plus: Warner says Paramount’s newest bid could best Netflix deal. And Anthropic dials back AI safety commitments amid fierce competition. Daniel Bach hosts.

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AMD Shares Lead Bounceback After Deal With Meta

Tue, 24 Feb 2026 21:57:00 -0000

Stocks rebounded despite new global tariffs. Plus: Home Depot shares gain on strong quarterly results. Katherine Sullivan hosts.

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Meta to Buy More Than $100 Billion in Custom AI Chips from AMD

Tue, 24 Feb 2026 17:06:00 -0000

Plus: Novo Nordisk is set to cut prices of GLP-1’s by as much as half next year. And consumer confidence was up for February. Anthony Bansie hosts.

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Trump Plans New Tariffs on Six Industries

Tue, 24 Feb 2026 11:23:00 -0000

Plus: FedEx sues the Trump administration seeking a tariff refund. And U.S. markets are pointing to a higher open following a selloff sparked by fears of AI disruption and trade-policy uncertainty. Daniel Bach hosts.

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Stocks Fall Sharply on AI and Trade Concerns

Mon, 23 Feb 2026 21:52:00 -0000

The Dow lost more than 800 points. Plus: Netflix shares slide after President Trump places political pressure on the streamer. Katherine Sullivan hosts.

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U.S. Markets Open Lower on Tariff Uncertainty

Mon, 23 Feb 2026 16:42:00 -0000

Plus: European lawmakers are considering stopping a vote on a trade deal with the U.S. in light of last week’s Supreme Court ruling on tariffs. And Novo Nordisk shares fell sharply after its experimental obesity drug failed to beat out Eli Lilly’s Zepbound. Alex Ossola hosts.

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Killing of Mexican Drug Kingpin Sparks Violence

Mon, 23 Feb 2026 11:22:00 -0000

Plus: President Trump boosts his new global tariff to 15% after the Supreme Court rules many of his duties illegal. And a blizzard causes mass flight cancellations on the U.S. East Coast. Daniel Bach hosts.

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Stocks Rise Amid New Tariff Uncertainty

Fri, 20 Feb 2026 21:47:00 -0000

President Trump announced a 10 percent tariff after the Supreme Court threw out his previous trade measures. Plus: Live Nation shares rose on the strength of ticket sales. Katherine Sullivan hosts.

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Supreme Court Strikes Down Majority of Trump’s Tariffs

Fri, 20 Feb 2026 16:47:00 -0000

Plus: U.S. economic growth slowed in the fourth quarter, weighed down by the government shutdown. And the Fed's preferred gauge of inflation accelerated in December. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Worries Mount Over Ordinary Investors’ Exposure to Private Credit

Fri, 20 Feb 2026 11:14:00 -0000

Plus: The White House wants to ban investors with more than 100 single-family homes from purchasing additional homes. And S&P 500 companies are back to appointing fewer women and minority board directors. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

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Stocks Slip and Oil Prices Jump

Thu, 19 Feb 2026 21:53:00 -0000

Investors showed caution after a jump in a trade deficit. Plus: Klarna shares plunge after reporting a quarterly loss. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Walmart Is No Longer America’s Largest Company by Sales

Thu, 19 Feb 2026 17:32:00 -0000

Plus: U.S. imports hit a record high last year. And Nissan will recall more than 300,000 Rogue SUVs. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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U.K. Police Arrest Andrew Mountbatten-Windsor, BBC Reports

Thu, 19 Feb 2026 11:33:00 -0000

Plus: The oil and gold rally as the U.S. and Iran seemingly prepare for war. And Airbus says an engine shortage is forcing it to scale back production. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter.

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Stocks Rise on Strength of Chip Shares

Wed, 18 Feb 2026 21:41:00 -0000

Plus: Nvidia shares rise after announcing a deal with Meta. And Moderna stock jumps as FDA does a U-turn on its new flu vaccine. Katherine Sullivan hosts.

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FDA Will Review Moderna’s Flu Shot

Wed, 18 Feb 2026 17:33:00 -0000

Plus: U.S. industrial production rose in January. What Berkshire Hathaway bought and sold during Warren Buffett’s last quarter as CEO. And Mikaela Shiffrin wins the gold in the women’s slalom. Alex Ossola hosts.

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Zuckerberg to Testify as Landmark Addiction Trial Begins

Wed, 18 Feb 2026 11:22:00 -0000

Plus: Europe dials up the pressure on big tech. And the IMF issues a warning to Japan, urging it to keep raising rates and avoid tax cuts. Luke Vargas hosts.

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Stocks Tick Higher After Volatile Day

Tue, 17 Feb 2026 22:03:00 -0000

Investors are still rattled by AI worries. Plus: Eric Trump takes an Israeli drone weapons company public through a merger with a small Florida construction firm. Katherine Sullivan hosts.

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Warner And Paramount Restart Deal Talks

Tue, 17 Feb 2026 17:33:00 -0000

Plus: Eric Trump invests in Israeli drone maker Xtend. And India seizes three shadow tankers as relations with Washington thaw. Alex Ossola hosts.

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TSA Pay Frozen in Government Shutdown Over DHS Standoff

Tue, 17 Feb 2026 11:03:00 -0000

Plus: Hyatt executive chairman Thomas Pritzker is retiring following recently-released Epstein files. And Goldman Sachs plans to scrap DEI criteria for its board.

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Stocks End Down for the Week After AI Selloff

Fri, 13 Feb 2026 21:49:00 -0000

Plus: Expedia shares fall on competition from AI chatbots. And Airbnb stock rose on strong quarterly results. Katherine Sullivan hosts.

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U.S. Inflation Slowed to 2.4% in January

Fri, 13 Feb 2026 17:28:00 -0000

Plus: a Dubai businessman resigns after documents released by the Justice Department revealed his close ties to Jeffrey Epstein. And Anthropic has added former Microsoft and General Motors executive Chris Liddell to its board of directors. Pierre Bienaimé hosts.

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U.S. Inks Trade Pact With Taiwan Tied to Chips and Security

Fri, 13 Feb 2026 11:07:00 -0000

Plus: Goldman Sachs’ top lawyer Kathryn Ruemmler steps down amid the Epstein files fallout. And Coinbase posts a big loss as Bitcoin’s fall drags down the wider crypto market. Daniel Bach hosts.

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Renewed AI Fears Send Stocks Plummeting

Thu, 12 Feb 2026 21:54:00 -0000

The Nasdaq led the declines. Plus: McDonald’s shares rose on the success of its affordability push. Katherine Sullivan hosts.

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White House to End Immigration Crackdown in Minnesota

Thu, 12 Feb 2026 17:24:00 -0000

Plus: Sales of existing homes in the U.S. fall in January. And AI startup Anthropic is donating $20 million dollars to a group pushing for more AI regulation. Pierre Bienaimé hosts.

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GOP-Led House rejects President Trump's Canada tariffs

Thu, 12 Feb 2026 11:20:00 -0000

Plus: Sanctions, ship seizures and ultra-low crude prices are denting Russia’s coffers. And Elon Musk announces a shakeup at xAI as it merges with SpaceX.

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Stocks Inch Down Following Strong Jobs Report

Wed, 11 Feb 2026 21:42:00 -0000

The economy added 130,000 jobs in January. Plus: Moderna shares fall after the FDA refused to review its new flu vaccine application. Katherine Sullivan hosts.

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January Jobs Growth Was Strongest in More Than a Year

Wed, 11 Feb 2026 16:30:00 -0000

Plus: A forecast from the Congressional Budget Office estimates deepening deficits over the next decade. And Kraft Heinz pumps the brakes on its breakup plan. Alex Ossola hosts.

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Activist Investor Pushes Warner Bros. to Walk Away From Netflix Deal

Wed, 11 Feb 2026 11:31:00 -0000

Plus: House lawmakers block Mike Johnson's attempt at a moratorium on votes opposing Trump’s tariffs. And EU regulators approve Google’s takeover of cybersecurity startup Wiz. Daniel Bach hosts.

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Stocks Mixed as Financial Firms Face AI Threats

Tue, 10 Feb 2026 21:46:00 -0000

The Dow hit a new record, but the Nasdaq was down. Plus: Spotify shares rose after their quarterly results beat expectations. Katherine Sullivan hosts.

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U.S. Retail Sales Were Flat in December

Tue, 10 Feb 2026 17:33:00 -0000

Plus: Target is laying off 500 employees. And Coca-Cola says its fourth-quarter revenue rose 2%. Anthony Bansie hosts.

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Trump Plans to Gut Legal Basis for Greenhouse Gas Regulation

Tue, 10 Feb 2026 11:01:00 -0000

Plus: President Trump threatens to block the opening of a bridge between Windsor and Detroit paid for by Canada. And Gucci parent company Kering plans a return to growth in 2026. Daniel Bach hosts.

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Stocks Tick Up on Earnings Optimism

Mon, 09 Feb 2026 21:55:00 -0000

Plus: Kroger shares rise after announcing a new CEO. And Nexstar stock jumps after President Trump announced a potential tie-up with Tegna. Katherine Sullivan hosts.

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Kroger Names Former Walmart Exec as Its New CEO

Mon, 09 Feb 2026 17:06:00 -0000

Plus: the operator of Eddie Bauer stores in North America files for bankruptcy. And Novo Nordisk sues Hims & Hers over copycat versions of its weight loss drugs. Alex Ossola hosts.

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Japanese Election Pushes Nikkei to New Record

Mon, 09 Feb 2026 11:31:00 -0000

Plus: Shares in Novo Nordisk rally after the FDA clamps down on companies making compound versions of weight-loss drug Wegovy. And SpaceX delays a planned Mars mission to focus on Nasa’s next moon landing. Daniel Bach hosts.

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Dow Rebounds to New Record

Fri, 06 Feb 2026 21:47:00 -0000

The index crossed the 50,000 mark for the first time. Plus: Nvidia shares jumped as investors rushed back to the tech sector. Katherine Sullivan hosts.

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Stocks and Crypto Bounce Back in Morning Rally

Fri, 06 Feb 2026 17:14:00 -0000

Plus: The University of Michigan's measure of consumer sentiment ticks higher. And in talks with the U.S., Iran refuses to end its enrichment of nuclear fuel. Pierre Bienaimé hosts.

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Amazon Stock Tumbles as Investors Balk at AI Spending Surge

Fri, 06 Feb 2026 11:41:00 -0000

Plus: Shares in Jeep-maker Stellantis plunge on disappointing demand for its EVs. And markets digest another delayed jobs report. Daniel Bach hosts.

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Nasdaq Extends Decline After Worrisome Jobs Data

Thu, 05 Feb 2026 21:57:00 -0000

Reports show surprisingly high unemployment claims and few job openings. Plus: Amazon stock falls after earnings disappoint. Katherine Sullivan hosts.

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Stock Selloff Deepens Amid Tech Skepticism and Labor Market Fears

Thu, 05 Feb 2026 16:29:00 -0000

Plus: Rio Tinto and Glencore have abandoned merger talks. And the chair of the law firm Paul Weiss has stepped down after new revelations over his ties to Jeffrey Epstein. Alex Ossola hosts.

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SpaceX Wants An Early Entry to a Major Index

Thu, 05 Feb 2026 11:24:00 -0000

Plus: Maersk shares slide after the Danish shipping says it plans 1,000 job cuts after a sharp drop in earnings. And the Trump Administration moves to make it easier to fire 50,000 federal workers. Daniel Bach hosts.

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Nasdaq Sinks on Continued AI Concerns

Wed, 04 Feb 2026 21:52:00 -0000

Chip stocks, including AMD, saw a broad selloff. Plus: Eli Lilly shares jump on the strength of its GLP-1 drugs. Katherine Sullivan hosts.

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The Trump Administration Pulls 700 Immigration Officers From Minnesota

Wed, 04 Feb 2026 18:04:00 -0000

Plus: Private-sector hiring slowed in January, according to data from payrolls processor ADP. And AI voice startup ElevenLabs is valued at $11 billion after its most recent funding round. Alex Ossola hosts.

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Fears of AI Disruption Rattle Investors

Wed, 04 Feb 2026 11:21:00 -0000

Plus: Novo Nordisk shares tumble as the drugmaker warns of GLP-1 price pressure. And President Trump doubles down on calls for Republicans to nationalize elections. Daniel Bach hosts.

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Tech Stocks Plummet on New AI Tool Threat

Tue, 03 Feb 2026 21:54:00 -0000

Anthropic’s launch of new AI capabilities dealt a blow to data service providers. Plus: PayPal stock drops after warning that future earnings would likely fall. Katherine Sullivan hosts.

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Disney Names Parks Executive as New CEO

Tue, 03 Feb 2026 16:59:00 -0000

Plus: Walmart’s market capitalization hits $1 trillion. And Pepsi plans to slash some of its snack prices. Anthony Bansie hosts.

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Elon Musk to Merge SpaceX and xAI

Tue, 03 Feb 2026 11:06:00 -0000

Plus: Data company Palantir hits another revenue record despite criticism over its role in the Trump administration’s immigration crackdown. And lawmakers are set to vote on ending the partial government shutdown. Daniel Bach hosts.

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Stocks Rise While Precious Metals Whipsaw

Mon, 02 Feb 2026 21:45:00 -0000

Plus: Nvidia stock falls after its deal with OpenAI stalls. And Coinbase shares decline along with the price of bitcoin. Katherine Sullivan hosts.

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Disney’s Streaming Division Grows While Overall Profit Drops in Latest Quarter

Mon, 02 Feb 2026 16:45:00 -0000

Plus: Oracle plans to raise up to $50 billion this year to build out its AI infrastructure. And Vanguard reduces fees on a quarter of its funds. Alex Ossola hosts.

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Market Swings Signal Nervous Start to the Week

Mon, 02 Feb 2026 11:23:00 -0000

Plus: Democrats pushing for immigration-enforcement changes say they won’t help GOP pass funding measures to end a partial shutdown. And President Trump says the Kennedy Center will close for two years of renovations. Daniel Bach hosts.

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Stocks Fall Following Trump’s Fed Pick

Fri, 30 Jan 2026 21:54:00 -0000

The Nasdaq lost nearly a percentage point. Plus: Decker Outdoor stock jumps on the strength of its Hoka running shoe brand. Katherine Sullivan hosts.

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Judge Rules Out Death Penalty for Luigi Mangione

Fri, 30 Jan 2026 17:27:00 -0000

Plus: Federal agents arrested former CNN journalist Don Lemon last night over a protest earlier this month. And Exxon Mobil and Chevron report their smallest annual profits since 2021. Pierre Bienaimé hosts.

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Kevin Warsh Expected as Trump’s Pick to Lead the Fed

Fri, 30 Jan 2026 11:30:00 -0000

Plus: OpenAI plans a fourth-quarter IPO in the race to beat Anthropic to market. And investor concerns over future component costs overshadow Apple’s blowout iPhone sales. Luke Vargas hosts.

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Nasdaq Drops Amid Tech Selloff

Thu, 29 Jan 2026 21:40:00 -0000

Microsoft led tech shares’ declines. Plus: Southwest Airlines stock jumps after announcing it will begin seat assignments. Katherine Sullivan hosts.

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Border Czar Points to ‘Draw Down Plan’ for Immigration Officials in Minneapolis

Thu, 29 Jan 2026 17:10:00 -0000

Plus: Chemicals company Dow is cutting 4,500 employees and will lean on artificial intelligence and automation. And federal prosecutors indict First Brands founder Patrick James on charges of defrauding lenders. Pierre Bienaimé hosts.

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FBI Seizes Fulton County Ballots as Trump Reignites Election Challenge

Thu, 29 Jan 2026 11:16:00 -0000

Plus: Gold has hit another record - topping the $5,500 mark for the first time - as the rush to precious metals continues. And demand for chips sends Samsung earnings to new highs. Luke Vargas hosts.

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Stocks Mostly Flat As Fed Keeps Interest Rates Steady

Wed, 28 Jan 2026 21:54:00 -0000

Plus: Nvidia shares rise as China approves the purchase of its AI chip. And Deutsche Bank stock falls amid a money laundering investigation. Katherine Sullivan hosts.

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Amazon Lays Off 16,000 Corporate Workers

Wed, 28 Jan 2026 16:39:00 -0000

Plus: Starbucks reports higher quarterly sales as it says its turnaround efforts are working. And a report from the Department of Homeland Security says that two federal immigration officials fired shots at Alex Pretti. Alex Ossola hosts.

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Man Facing Assault Charges After Spraying Rep. Ilhan Omar With Unknown Substance

Wed, 28 Jan 2026 11:22:00 -0000

Plus: the dollar finds its footing after the sharpest slide since April’s tariff volatility. And the AI trade shows no signs of slowing as Nvidia begins selling its chips in China and suppliers post record earnings. Luke Vargas hosts.

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S&P 500 Hits New Record While Health-Insurance Stocks Slide

Tue, 27 Jan 2026 21:58:00 -0000

Insurance shares tumbled after the White House announced new Medicare rates. Plus: Pinterest stock falls after announcing layoffs due to AI. Katherine Sullivan hosts.

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Boeing Sales Climb as Commercial Jet Deliveries Hit Highest Level Since 2018

Tue, 27 Jan 2026 16:34:00 -0000

Plus: Despite taking a hit on electric vehicles, General Motors is beating Wall Street expectations. And Yale will go tuition-free for more middle-class families. Anthony Bansie hosts.

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Health Insurers Slump on Medicare Rates Proposal

Tue, 27 Jan 2026 11:04:00 -0000

Plus: The European Union and India finalize a free-trade agreement linking almost two billion consumers. And the chair of the senate antitrust panel raises concerns over the Netflix-Warner deal. Luke Vargas hosts.

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Stocks Rise Despite Canada Tariff Threats

Mon, 26 Jan 2026 21:38:00 -0000

Gold topped $5,000 a troy ounce for the first time. Plus: CoreWeave stock rallies after Nvidia announces additional investment. Katherine Sullivan hosts.

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Trump Is Sending Border Czar Tom Homan to Minnesota

Mon, 26 Jan 2026 17:18:00 -0000

Plus: Israel recovers the body of the last hostage in Gaza. And Nvidia invests $2 billion in CoreWeave to build AI factories. Pierre Bienaimé hosts.

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Fatal ICE Shooting of Minneapolis Nurse Sparks Further Tensions

Mon, 26 Jan 2026 12:09:00 -0000

Plus: A hearing is scheduled for today in Minnesota federal court that seeks to bar Homeland Security and Justice Department officials from destroying or concealing evidence related to this weekend’s shooting. And gold has surged past 5000 dollars for the first time ever - adding to its historic rally. Luke Vargas hosts.

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Stocks Close Mixed Following a Turbulent Week

Fri, 23 Jan 2026 21:25:00 -0000

The Dow slid, while the Nasdaq gained. Plus: Intel shares plunged after a disappointing earnings report. Katherine Sullivan hosts.

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Intel Shares Slide as Chip Maker Scrambles to Meet AI Demand

Fri, 23 Jan 2026 16:57:00 -0000

Plus: the DOJ is investigating whether HR startup Deel recruited a spy inside a rival firm. And, consumer sentiment improves in January, while silver futures hit a record. Pierre Bienaimé hosts.

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Energy Producers on High Alert as U.S. Braces for Major Winter Storm

Fri, 23 Jan 2026 11:22:00 -0000

Plus: TikTok finalizes a deal allowing it to keep operating in the U.S. And gold hits a new record with prices nearing $5,000 an ounce. Luke Vargas hosts.

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Stocks Rise as Tariff Tensions Cool

Thu, 22 Jan 2026 21:45:00 -0000

Plus: Intel predicts further losses next quarter in after-hours earnings report. And Abbott Laboratories stock fell after missing sales expectations. Katherine Sullivan hosts.

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Updated GDP Numbers Confirm Strong Third-Quarter Growth

Thu, 22 Jan 2026 17:34:00 -0000

Plus: Higher prices boost Procter & Gamble’s revenue in its latest quarter. And colorectal cancer is the leading cause of cancer death in people under 50. Pierre Bienaimé hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

Correction: More than 1.2 million people under age 50 died of cancer in the U.S. from 1990 through 2023. An earlier version of this podcast incorrectly said the figure applied only to colorectal cancer. (Corrected Jan. 22)

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Details Emerge of the Greenland Framework

Thu, 22 Jan 2026 11:31:00 -0000

Plus: Vice President JD Vance is scheduled to visit Minnesota today to meet with local leaders and community members. And our annual airline rankings are out - Delta has finally been pipped off the top spot. Luke Vargas hosts.

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Stocks Jump as Trump Drops European Tariff Threat

Wed, 21 Jan 2026 21:43:00 -0000

Plus: Netflix shares drop on concerns about its outlook. And Kraft Heinz slides after a top shareholder signals it might sell its stake. Katherine Sullivan hosts.

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President Trump Says U.S. Won’t Use Force to Acquire Greenland

Wed, 21 Jan 2026 16:58:00 -0000

Plus: The European Union has stopped working on a deal that would slash tariffs on U.S. goods in light of President Trump’s push for Greenland. And Charles Schwab reports surging quarterly profit because of a boost in brokerage activity. Alex Ossola hosts.

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Trump Set to Address Davos Amid Growing Angst Over Greenland

Wed, 21 Jan 2026 11:17:00 -0000

Plus: More American firepower is headed to the Middle East. And The Supreme Court will hear oral arguments today in a case deciding whether President Trump can fire Federal Reserve governor Lisa Cook. Luke Vargas hosts.

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Stocks Plummet on Trump’s Tariff Threats Over Greenland

Tue, 20 Jan 2026 21:40:00 -0000

The Dow lost nearly 2 percent. Plus: 3M shares fall after litigation costs weigh on quarterly income. Katherine Sullivan hosts.

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U.S. Stocks Fall After President Trump Doubles Down on Greenland

Tue, 20 Jan 2026 16:42:00 -0000

Plus: French President Emmanuel Macron denounces President Trump’s tariff pressure in Davos. And Warner Bros. Discovery and Netflix strike a new all-cash deal. Anthony Bansie hosts.

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Greenland Standoff Set to Dominate Davos Following Trump Posts

Tue, 20 Jan 2026 11:30:00 -0000

Plus: The restart of the trade war with Europe tests markets. And a big change is coming to the New York Stock Exchange: a platform for trading tokenized securities. Caitlin McCabe hosts.

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Stocks Edge Down on Fed Chair Uncertainty

Fri, 16 Jan 2026 21:50:00 -0000

Plus: Micron Technology shares jump as semiconductor stocks rally. And Novo Nordisk stock rises after seeing positive uptake of its weight loss pill. Katherine Sullivan hosts.

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China and Canada Establish A New Trade Partnership

Fri, 16 Jan 2026 16:12:00 -0000

Plus: U.K. regulators approve a higher dose of Wegovy. And FedEx secures financing ahead of the spin-off of its trucking division. Anthony Bansie hosts.

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Venezuela’s Opposition Leader Gives Trump Her Nobel Peace Prize

Fri, 16 Jan 2026 11:21:00 -0000

Plus: The Trump administration proposes an emergency auction where tech companies would bid to have new power plants built. And a federal judge rules work can resume on a massive wind project off Long Island. Luke Vargas hosts.

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Chip and Bank Stocks Rally, Boosting Markets

Thu, 15 Jan 2026 22:01:00 -0000

TSMC posted record quarterly earnings. Plus: Boston Scientific shares drop after announcing it’s buying health-tech company Penumbra. Katherine Sullivan hosts.

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Goldman Sachs Fourth-Quarter Profit Rises on Dealmaking Boom

Thu, 15 Jan 2026 17:15:00 -0000

Plus: President Trump threatens to invoke the Insurrection Act over protests in Minnesota. And ICE agents arrest two workers driving to the construction site of a Meta data center in Louisiana. Pierre Bienaimé hosts.

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Trump Says Iran Has Stopped Killing Protestors

Thu, 15 Jan 2026 11:12:00 -0000

Plus: California investigates xAI’s chatbot Grok over deepfakes. And TSMC surges to another quarter of record earnings. Daniel Bach hosts.

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Chip Shares Drag Stocks Lower

Wed, 14 Jan 2026 21:43:00 -0000

The Nasdaq led the declines. Plus: Wells Fargo shares drop after the bank’s per-share income missed forecasts. Katherine Sullivan hosts.

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U.S. Home Sales Rose 5% in December

Wed, 14 Jan 2026 16:39:00 -0000

Plus: Bank of America says its profit rose 12% in the fourth quarter. And Ford has suspended a worker who heckled President Trump during a tour of a truck plant. Alex Ossola hosts.

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Vance to Meet With Greenland and Denmark Officials

Wed, 14 Jan 2026 10:37:00 -0000

Plus: The parent of Saks Fifth Avenue and Neiman Marcus files for bankruptcy protection. And Netflix prepares to sweeten its offer for Warner Bros. Discovery. Daniel Bach hosts.

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JPMorgan Profit Slump Weighs on Dow

Tue, 13 Jan 2026 21:42:00 -0000

Revenue for the bank missed targets. Plus: Delta airlines shares fall after the government shutdown cut into profits. Katherine Sullivan hosts.

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Inflation Holds Steady in December at 2.7%

Tue, 13 Jan 2026 16:15:00 -0000

Plus: JPMorgan Chase CEO Jamie Dimon warns political interference with the Federal Reserve would backfire and drive interest rates higher. And South Korean prosecutors seek the death penalty for former President Yoon Suk Yeol, who briefly instituted martial law in 2024. Pierre Bienaimé hosts.

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Trump to Meet Senior Officials to Weigh Strikes on Iran

Tue, 13 Jan 2026 10:53:00 -0000

Plus: Japan’s Nikkei 225 surges to a record close on hopes for a general election. And a federal judge rules that work on a major wind farm off the coast of Rhode Island and Connecticut can resume. Daniel Bach hosts.

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Stocks Edge Higher While Dollar Weakens

Mon, 12 Jan 2026 21:51:00 -0000

The Fed Chair revived concerns about central bank independence. Plus: Synchrony Financial drops after the President calls for a cap on credit card interest rates. Katherine Sullivan hosts.

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Meta Names Former Trump Adviser As Its New President and Vice Chair

Mon, 12 Jan 2026 17:57:00 -0000

Plus: Paramount escalates its hostile takeover bid for Warner Bros. Discovery. And Google parent Alphabet becomes the latest company to cross the $4 trillion mark. Alex Ossola hosts.

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DOJ Investigating Fed Chair Jerome Powell

Mon, 12 Jan 2026 11:54:00 -0000

Plus: President Trump mulls blocking Exxon Mobil from drilling in Venezuela following comments by the company’s top executive at the White House. And big bank shares drop as Trump calls for a 10% cap on credit cards interest rates. Daniel Bach hosts.

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Dow Hits Record Following Mixed Labor Report

Fri, 09 Jan 2026 21:51:00 -0000

The S&P 500 also reached a new high. Plus: Intel shares jumped after its CEO met with the president. Katherine Sullivan hosts.

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U.S. Hiring Slowed in December

Fri, 09 Jan 2026 16:37:00 -0000

Plus: Meta unveils sweeping new agreements to purchase nuclear power. And the European Union backs a trade deal with four South American countries. Alex Ossola hosts.

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Border Patrol Officer Shoots Two People in Portland

Fri, 09 Jan 2026 11:10:00 -0000

Plus: Saks is nearing a $1.25 billion bankruptcy financing deal. And Rio Tinto restarts talks to buy copper miner Glencore, which could create the world’s largest mining company. Daniel Bach hosts.

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Defense Stocks Gain on a Mixed Day of Trading

Thu, 08 Jan 2026 21:56:00 -0000

The Dow rose, while the Nasdaq dropped. Plus: Costco shares rally on strong end-of-year sales. Katherine Sullivan hosts.

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China Reviewing Meta's Deal for AI Startup Manus

Thu, 08 Jan 2026 17:57:00 -0000

Plus: Minnesota officials say the FBI has shut them out of the investigation into the fatal shooting of a woman in her car by an ICE agent in Minneapolis yesterday. And the U.S. trade deficit shrank in October to its lowest level since 2009. Pierre Bienaimé hosts.

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Officials at Odds Over ICE Killing of Woman in Minneapolis

Thu, 08 Jan 2026 11:04:00 -0000

Plus: The House prepares to vote on extending enhanced Affordable Care Act subsidies. And defense stocks dip after President Trump presses contractors to limit share buybacks and cap executive pay. Daniel Bach hosts.

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Dow Falls, Breaking Strong Start to the Year

Wed, 07 Jan 2026 22:02:00 -0000

Dips in defense, home-building and bank stocks weighed on the index. Plus: Ventyx Biosciences stock rallies after acquisition talks. Katherine Sullivan hosts.

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Warner Brothers Asks Shareholders to Reject Paramount’s Amended Hostile Bid

Wed, 07 Jan 2026 17:39:00 -0000

Plus: Private sector hiring was up for December. And grocery chain Albertson’s saw a sales bump in its latest quarter. Anthony Bansie hosts.

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Trump Is Angling to Buy Greenland

Wed, 07 Jan 2026 10:54:00 -0000

Plus: Lockheed Martin ramps up its Patriot missile output, as Pentagon officials urge weapons makers to dramatically increase missile production to better prepare for a potential future conflict. And Elon Musk’s xAI closes a $20 billion funding round. Daniel Bach hosts.

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Dow Finishes Above 49,000 for First Time

Tue, 06 Jan 2026 21:51:00 -0000

The S&P 500 also hit a new record. Plus: Shares in insurance giant AIG fall after announcing a new CEO. Katherine Sullivan hosts.

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Copper Prices Set a New Record, Topping $13,000 a Ton

Tue, 06 Jan 2026 16:50:00 -0000

Plus: Ford reports higher fourth-quarter sales. And a Pentagon deal leads Lockheed Martin to more than triple its PAC-3 missile production. Alex Ossola hosts.

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Nvidia Unveils Faster AI Chips Sooner Than Expected

Tue, 06 Jan 2026 11:26:00 -0000

Plus: More than eight million workers get a pay bump, as states hike their minimum wage. And the Trump administration pauses social-service funds in more Democratic states. Luke Vargas hosts.

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Capture of Venezuelan President Sends Dow to a New Record

Mon, 05 Jan 2026 21:41:00 -0000

Oil and defense stocks also rallied on the news. Plus: Bed Bath & Beyond shares rose after the company announced a new chief executive. Katherine Sullivan hosts.

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Energy and Defense Stocks Rise After U.S. Captures Maduro

Mon, 05 Jan 2026 19:11:00 -0000

Plus: Minnesota Governor Tim Walz drops his re-election bid amid a welfare fraud scandal in the state. And Toyota reports strong sales for the final months of 2025. Alex Ossola hosts.

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Nicolás Maduro to Appear in Manhattan Federal Court

Mon, 05 Jan 2026 11:27:00 -0000

Plus: Chevron shares rally, but oil futures are muted after President Trump says the U.S. could keep some of the profits from Venezuela’s oil output. And news of a potential market-first diabetes treatment for children as young as one.

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Stocks Finish Higher, Pushing S&P 500 to a Record Close

Tue, 23 Dec 2025 21:52:00 -0000

A surprisingly strong GDP report boosted investors' spirits. Plus: American depositary receipts for Novo Nordisk rise after U.S. regulators approved a pill version of weight-loss drug Wegovy. Danny Lewis hosts.

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U.S. Economy Grew Unexpectedly in the Third Quarter

Tue, 23 Dec 2025 16:29:00 -0000

Plus, a jury orders Johnson & Johnson to pay over $1.5 billion in a lawsuit alleging its talc products caused cancer. And as car prices rise, consumers are increasingly seeking out longer-term auto loans. Alex Ossola hosts.

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Trump’s Greenland Envoy Prompts Angry Response From Denmark

Tue, 23 Dec 2025 11:03:00 -0000

Plus: The U.S. bans new China-made drones from DJI and Autel Robotics, sparking outrage among pilots. And U.S. regulators approve the first GLP-1 weight-loss pill, a tablet formulation of Novo Nordisk’s Ozempic and Wegovy. Daniel Bach hosts.

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Stocks Rise as Technology Shares Continue Rebound

Mon, 22 Dec 2025 21:40:00 -0000

Gold and silver prices hit new records. Plus: Tesla shares rise after winning a legal battle over CEO Elon Musk’s pay package. Katherine Sullivan hosts.

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Larry Ellison Personally Guarantees $40.4 Billion in Warner Bid

Mon, 22 Dec 2025 17:19:00 -0000

Plus: Top officials at the Heritage Foundation decamp to former Vice President Mike Pence’s Advance American Freedom organization. And cosmetics retailer Coty appoints a former Procter & Gamble veteran as interim chief executive. Alex Ossola hosts.

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U.S. Coast Guard Chases Tanker Involved in Shipping Venezuela Oil

Mon, 22 Dec 2025 11:23:00 -0000

Plus: One of Elon Musk’s old enemies joins the race to run General Motors. And the third “Avatar” movie opens to about $345 million worldwide, well below the second film’s $435 million. Daniel Bach hosts.

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Stocks Up as Technology Shares Rebound

Fri, 19 Dec 2025 21:42:00 -0000

Plus: Nike stock falls after predicting declining sales. And BioMarin Pharmaceutical shares rise after announcing a new acquisition deal. Katherine Sullivan hosts.

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Home Sales Rise for Third Straight Month

Fri, 19 Dec 2025 17:18:00 -0000

Plus: BioMarin Pharmaceutical to acquire Amicus Therapeutics for $4.8 billion. And the U.S. Navy announces a new warship for President Trump’s “Golden Fleet.” Danny Lewis hosts.

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OpenAI Targets $100 Billion Fundraising Round

Fri, 19 Dec 2025 11:05:00 -0000

Plus: The European Union commits to a $105 billion loan to Ukraine, that doesn’t include tapping frozen Russian assets. And, Sony continues to beef up its entertainment business by taking control of the ‘Peanuts’ franchise. Luke Vargas hosts.

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Stocks Rally After Soft Inflation Report

Thu, 18 Dec 2025 21:57:00 -0000

The boosts helped end a recent losing streak. Plus: Trump Media shares rise after announcing a merger with a nuclear fusion firm. Katherine Sullivan hosts.

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Inflation Eases to 2.7% in November, but Data Was Disrupted by Shutdown

Thu, 18 Dec 2025 17:25:00 -0000

Plus: The Bank of England and the European Central Bank make interest-rate decisions. And Trump Media & Technology Group agrees to merge with TAE Technologies. Anthony Bansie hosts.

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Trump Announces $1,776 Military Dividend

Thu, 18 Dec 2025 11:17:00 -0000

Plus: The U.S. approves more than $11 billion in arms sales to Taiwan. And, Warner Bros. demands Larry Ellison’s give a personal guarantee to backstop Paramount’s takeover bid. Luke Vargas hosts.

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Tech Concerns Drag Stocks Lower

Wed, 17 Dec 2025 21:56:00 -0000

Plus: Medline debuted with the largest IPO in four years. And Warner Bros. Discovery slides after it rejects Paramount’s hostile bid. Katherine Sullivan hosts.

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Waller Argues for More Interest-Rate Cuts Before His Fed Chair Interview

Wed, 17 Dec 2025 17:12:00 -0000

Plus: Warner Bros. Discovery is urging shareholders to reject Paramount’s takeover bid. And the Justice Department has indicted telehealth startup Done Global. Anthony Bansie hosts.

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Trump Orders Blockade of Sanctioned Oil Tankers In and Out of Venezuela

Wed, 17 Dec 2025 11:21:00 -0000

Plus: Medical-supplies distributor Medline raises $6.26 billion in the biggest initial public offering of the year. And, California regulators give Tesla 90 days to meet compliance after a judge says the company deceived customers by falsely implying its cars could drive on their own. Luke Vargas hosts.

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Stocks Mixed After Tepid Jobs Report

Tue, 16 Dec 2025 21:49:00 -0000

The unemployment rate rose 4.6 percent in November. Plus: Humana shares fall after announcing the retirement of its insurance head. Katherine Sullivan hosts.

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U.S. Unemployment Rate Rises in November Despite Job Gains

Tue, 16 Dec 2025 17:26:00 -0000

Plus: The Census Bureau says retail sales were flat in October. And Kraft Heinz picks a new CEO. Anthony Bansie hosts.

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Delayed U.S. Jobs Data Due

Tue, 16 Dec 2025 11:14:00 -0000

Plus: President Trump sues the BBC over an edit of his speech to supporters ahead of the Capitol riot. And, PayPal wants to open a bank. Luke Vargas hosts.

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AI Worries Weigh on Nasdaq

Mon, 15 Dec 2025 21:45:00 -0000

Plus: Roomba maker iRobot declared bankruptcy over the weekend. And Sanofi shares fall after regulatory delays for its new multiple sclerosis treatment. Katherine Sullivan hosts.

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Roomba Maker Declares Bankruptcy

Mon, 15 Dec 2025 17:48:00 -0000

Plus: JPMorgan Chase is launching a tokenized money-market fund. And the EU sanctioned oil traders for facilitating Russian energy exports. Anthony Bansie hosts.

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Australia Vows Tougher Gun Laws After Father and Son Kill 15 people

Mon, 15 Dec 2025 11:18:00 -0000

Plus: Chinese stocks fall amid fresh signs the world’s second largest economy is deteriorating on several fronts. And, SpaceX has started interviewing investment banks as it moves toward a potential IPO. Luke Vargas hosts.

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U.S. Stocks Finish Lower Amid Concerns About AI Spending

Fri, 12 Dec 2025 22:03:00 -0000

Plus: Broadcom slid after its latest earnings report. And Bank of America hit an all-time stock price for the first time in 19 years. Danny Lewis hosts.

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Plane Passenger Sues Boeing After Alleged Exposure to Toxic Fumes

Fri, 12 Dec 2025 17:30:00 -0000

Plus: Broadcom’s stock slides after the chip maker's latest earnings report. And Iranian Nobel Peace Prize laureate Narges Mohammadi was arrested at a public event, according to her foundation. Pierre Bienaimé hosts.

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Trump Signs AI Order to Curb State Power

Fri, 12 Dec 2025 11:02:00 -0000

Plus: OpenAI rolls out a new version of ChatGPT in a bid to move ahead of competition from Google and Anthropic. And Lulelemon’s CEO plans to step down following a pressure campaign from the company’s outspoken founder. Luke Vargas hosts.

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Dow and S&P Close at New Record Highs

Thu, 11 Dec 2025 22:03:00 -0000

Plus: a sharp decline in Oracle stock dragged down the Nasdaq composite. And Disney stock rises after announcing new investment and partnership with OpenAI. Danny Lewis hosts.

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Disney to Invest $1 Billion in OpenAI and License Its Characters for AI Videos

Thu, 11 Dec 2025 17:06:00 -0000

Plus, Eli Lilly reports dramatic weight loss in a clinical trial of a next-generation obesity drug. And the U.S. trade deficit fell to a five-year low in September. Pierre Bienaimé hosts.

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White House Wants to Screen Social-Media History of Many U.S. Visitors

Thu, 11 Dec 2025 11:05:00 -0000

Plus: The Senate prepares to vote on competing healthcare plans from Republicans and Democrats. And shares of Oracle slide over concerns about its AI spending. Luke Vargas hosts.

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U.S. Stocks Rally As Fed Cuts Interest Rates

Wed, 10 Dec 2025 21:58:00 -0000

Investors took Fed Chair Jerome Powell’s comments as more dovish than expected, raising hopes for more rate cuts next year. Plus: EchoStar shares surged after striking a deal with SpaceX. And stock in Amazon advanced after it announced plans to invest $35 billion in India. Danny Lewis hosts.

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'CBS Evening News’ Gets A New Anchor

Wed, 10 Dec 2025 16:51:00 -0000

Plus: A new estimate from the United Nations finds that global trade has continued to grow this year, despite the threat of tariffs. And Nobel laureate María Corina Machado left Venezuela yesterday in an effort to collect her Peace Prize. Alex Ossola hosts.

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Australia Implements Under-16 Social Media Ban

Wed, 10 Dec 2025 11:02:00 -0000

Plus: Investors are pricing in an almost 90% chance that the Federal Reserve will lower interest rates later today. And Eileen Higgins becomes the first Democrat elected as Miami’s mayor in almost three decades. Luke Vargas hosts.

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Stocks End Mixed Ahead of Fed Rate Decision

Tue, 09 Dec 2025 21:55:00 -0000

A decline in JPMorgan’s stock weighs on the Dow. Plus, CVS Health shares gain on an improved outlook. And Ares Management gets a boost on news it’s joining the S&P 500. Danny Lewis hosts.

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The EU Investigates Google Over Use of Online Content to Power AI

Tue, 09 Dec 2025 16:55:00 -0000

Plus: BMW names a new boss. And Home Depot provides a sales forecast for fiscal 2026 that’s lower than what analysts expected. Anthony Bansie hosts.

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Trump Says U.S. Will Allow Nvidia H200 Chip Sales to China

Tue, 09 Dec 2025 10:59:00 -0000

Plus: Ford engages France’s Renault to bolster its European lineup and combat Chinese competition. And Jamie Dimon is launching a $1.5 trillion initiative aimed at bolstering American self-sufficiency in critical industries - including rare earths and AI. Luke Vargas hosts.

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U.S. Stocks Edged Lower To Start The Week

Mon, 08 Dec 2025 21:57:00 -0000

Plus: Warner Bros. Discovery and Paramount Global shares rose after Paramount’s hostile takeover bid, while Netflix stock fell. And shares of Confluent surged after IBM announced plans to buy the data-infrastructure company. Danny Lewis hosts.

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Paramount Launches Hostile Takeover Bid for Warner

Mon, 08 Dec 2025 16:17:00 -0000

Plus: Several Berkshire Hathaway executives are departing as Warren Buffett’s retirement approaches. And the Trump administration plans to announce a $12 billion bailout for American farmers. Alex Ossola hosts.

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Trump Says Netflix Deal for Warner Bros. Could Face Scrutiny

Mon, 08 Dec 2025 11:00:00 -0000

Plus: IBM is in advanced talks to acquire data-infrastructure company Confluent. And investors anticipate another rate cut as the Federal Reserve prepares to meet. Luke Vargas hosts.

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U.S. Stocks Edged Higher to End The Week

Fri, 05 Dec 2025 22:07:00 -0000

Plus: Netflix’s $72 billion deal to buy Warner Bros. Discovery sent the Hollywood giant’s stock rallying, while shares of rival suitor Paramount Skydance sank. And SoFi Technologies stock fell after announcing plans to sell common shares. Danny Lewis hosts.

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Netflix to Buy Warner Bros. for $72 Billion After the Entertainment Company Splits Off Cable Networks

Fri, 05 Dec 2025 16:53:00 -0000

Plus: The Federal Reserve got one last inflation reading to consider—a moderate monthly increase in prices—before next week's interest-rate decision. And Southwest Airlines cuts its profit guidance for the year. Pierre Bienaimé hosts.

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Hollywood Braces for a Power Shift as Netflix Lands Warner Bros.

Fri, 05 Dec 2025 10:58:00 -0000

Plus: Meta cuts spending on the metaverse, betting big on AI wearables instead. And stock markets gain ahead of the Fed’s preferred inflation gauge. Daniel Bach hosts.

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U.S. Stocks Waver Between Small Gains And Losses

Thu, 04 Dec 2025 22:01:00 -0000

Plus: Dollar General shares surged after the discount retailer lifted its full-year outlook. And Snowflake stock tumbled following slower quarterly revenue growth. Danny Lewis hosts.

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Jobless Claims Fall to Three-Year Low, Labor Department Says

Thu, 04 Dec 2025 17:34:00 -0000

Plus: The European Commission has opened an antitrust probe into Meta Platforms over WhatsApp’s AI policy. And the FBI has arrested a Virginia man in connection with Jan. 6, 2021, pipe bombs placed in Washington, D.C. Pierre Bienaimé hosts.

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Sam Altman Has Explored Deal to Build a Rocket Company

Thu, 04 Dec 2025 11:11:00 -0000

Plus: A group of former FDA commissioners has criticized the agency’s new vaccine standards, citing risks to public health. And UBS says the world has more billionaires than ever. Daniel Bach hosts.

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U.S. Stocks Climb After Modest Private-Sector Job Losses

Wed, 03 Dec 2025 22:03:00 -0000

Plus: Microsoft shares fall after a media report suggested the tech giant had cut growth targets for artificial-intelligence software sales. And stock in Dollar Tree rose after the retailer reported stronger-than-expected adjusted earnings. Danny Lewis hosts.

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Macy’s Raises Outlook for the Year After Quarterly Sales Growth

Wed, 03 Dec 2025 17:20:00 -0000

Plus: Payroll processor ADP says U.S. private hiring sank in November. And federal agents are fanning out across New Orleans, the latest focus of the Trump administration’s immigration enforcement. Pierre Bienaimé hosts.

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Republicans Hang on to Tennessee House Seat

Wed, 03 Dec 2025 11:07:00 -0000

Plus: President Trump says he doesn’t want Somali immigrants in the U.S., amid reports of an ICE operation in Minneapolis. And the Trump administration calls off interviews with candidates vying to lead the Federal Reserve. Daniel Bach hosts.

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U.S. Stocks Recover From Global Selloff of Risky Assets

Tue, 02 Dec 2025 21:54:00 -0000

Plus: Shares of MongoDB and Credo Technology jump, driven by AI. And Ford shares fall amid a slowdown in EV sales. Julie Chang hosts.

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Michael and Susan Dell Donate $6.5 Billion to Trump Administration’s Child Savings Accounts

Tue, 02 Dec 2025 17:47:00 -0000

Plus: Costco is suing the Trump administration in an effort to make sure it can get a full refund of tariffs it’s already paid if the Supreme Court rules against the tariffs. And former Honduran President Juan Orlando Hernández leaves U.S. prison after getting a pardon from President Trump. Anthony Bansie hosts.

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OpenAI Issues 'Code Red' for Urgent ChatGPT Fix

Tue, 02 Dec 2025 11:19:00 -0000

Plus: Bitcoin makes a comeback after tumbling more than 6% yesterday. And Netflix sweetens its offer for Warner Bros. Discovery in a second round of bids as it tries to outdo rival Paramount. Caitlin McCabe hosts.

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Bitcoin Posts Its Sharpest Decline Since March

Mon, 01 Dec 2025 22:09:00 -0000

Plus: Coupang, the South Korean e-commerce company, disclosed a hack that exposed the personal data of 33.7 million accounts. And Strategy cut its outlook and sold shares to establish a reserve amid the slide in bitcoin prices. Anthony Bansie hosts.

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Court Upholds Disqualification of Trump’s Top New Jersey Prosecutor

Mon, 01 Dec 2025 16:57:00 -0000

Plus: A state commission awards licenses to three proposals for casinos in New York City. And Newell Brands, the maker of Yankee Candle and Sharpie, will lay off about 10% of its employees. Pierre Bienaimé hosts.

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Why Gen Z Shoppers Are Pulling Back This Holiday Season

Mon, 01 Dec 2025 11:27:00 -0000

Plus: Top U.S. envoys head to Russia this week, as talks to end the war in Ukraine continue to intensify. And a volatile stretch for global markets continues, as U.S. stock futures start December on a downbeat note. Daniel Bach hosts.

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Hopes for a Rate Cut Boost Stocks for Fourth Straight Session

Wed, 26 Nov 2025 22:06:00 -0000

Plus: HP stock falls after missing expectations and announcing cuts. And Dell stock rises after a strong forecast for its AI servers. Pierre Bienaimé hosts.

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Georgia Judge Dismisses Election-Interference Case Against Trump

Wed, 26 Nov 2025 17:18:00 -0000

Plus: jobless claims fell last week, showing that the low-hire, low-fire environment is still going. And the U.K. unveils broad new tax increases. Alex Ossola hosts.

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U.S. Negotiates Lower Medicaid Prices for 15 Drugs

Wed, 26 Nov 2025 11:09:00 -0000

Plus: The White House defends Steve Witkoff over reports he advised a Russian official on how to approach President Trump over a Ukraine peace plan. And shares of Kohl’s and Abercrombie & Fitch trade higher after both retailers posted strong earnings. Daniel Bach hosts.

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Dow Rallies Despite Slump in Chip Stocks

Tue, 25 Nov 2025 21:45:00 -0000

Nvidia and AMD stocks dropped, while Google rose on the strength of its AI semiconductors. Plus: Zoom Communications posts better-than-expected results. Katherine Sullivan hosts.

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September Retail Sales and Wholesale Prices Rose in Delayed Government Reports

Tue, 25 Nov 2025 16:55:00 -0000

Plus: French authorities have detained a person who they suspect to be the last thief involved in the Louvre heist. And a new study has linked untreated sleep apnea with increased risk of later developing Parkinson’s disease. Alex Ossola hosts.

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Amazon Bets You’ll Buy Anything, Even a Car, Online

Tue, 25 Nov 2025 12:03:00 -0000

Plus: Peace talks to end the war in Ukraine enter a new phase, as a U.S. army official meets with a Russian delegation. And House Speaker Mike Johnson warns the White House that most Republicans are opposed to extending enhanced Affordable Care Act subsidies. Caitlin McCabe hosts.

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Tech Shares Rally as AI Bubble Fears Recede

Mon, 24 Nov 2025 21:50:00 -0000

A positive talk between President Trump and Chinese President Xi also boosted markets. Plus: Novo Nordisk stock slides after trials for its weight-loss drugs don’t show promise on Alzheimer's disease. Katherine Sullivan hosts.

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Kohl’s Names New CEO

Mon, 24 Nov 2025 17:33:00 -0000

Plus: Novo Nordisk’s stock slumps after its said semaglutide didn’t slow Alzheimer’s disease in two late-stage clinical trials. And former Fox News host Tucker Carlson has launched a precious-metals company. Alex Ossola hosts.

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Markets Rise on December Rate Cut Hopes

Mon, 24 Nov 2025 11:53:00 -0000

Plus, the White housing says it has made progress toward ending the war in Ukraine following talks in Geneva. And Israel says it has killed a senior Hezbollah commander following strikes in Beirut. Caitlin McCabe hosts.

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Dow Rallies After Fed Official Signals a Possible Rate Cut

Fri, 21 Nov 2025 21:48:00 -0000

Plus: Eli Lilly’s weight loss drugs propel it to a $1 trillion market cap. And Gap shares rise after seeing sales growth. Katherine Sullivan hosts.

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Eli Lilly Touches $1 Trillion Market Cap

Fri, 21 Nov 2025 17:37:00 -0000

Plus: Ukrainian President Volodymyr Zelensky says his country faces a difficult choice over the Trump administration’s proposed plan to end the war. And New York Fed President John Williams, a key ally of Jerome Powell, says he sees room for an interest rate cut in the near term. Zoe Kuhlkin hosts.

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Chip Stocks Slide Amid Renewed AI Bubble Fears

Fri, 21 Nov 2025 11:30:00 -0000

Plus, major U.S. banks pull out of a planned $20 billion bailout for Argentina. And Paramount, Comcast, and Netflix all submit bids for Warner Bros. Discovery. Kate Bullivant hosts.

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Stocks Down Sharply on Renewed AI Fears

Thu, 20 Nov 2025 21:44:00 -0000

Indexes gave up the gains they made yesterday. Plus: Bath & Body Works plummets after slashing its forecast. Katherine Sullivan hosts.

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Hiring Beats Expectations in September as Employers Add 119,000 Jobs

Thu, 20 Nov 2025 16:56:00 -0000

Plus: Home sales in October rise to the highest level since February. And Abbott Laboratories agrees to acquire cancer diagnostics company Exact Sciences in a deal valued at $21 billion. Zoe Kuhlkin hosts.

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Record Nvidia Sales Soothe Investor Jitters Over AI Boom

Thu, 20 Nov 2025 11:13:00 -0000

Plus, President Trump signs the bill to release the Epstein files. And a Centers for Disease Control and Prevention webpage says that vaccines might cause autism, after previously making the case that they do not. Kate Bullivant hosts.

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Nasdaq Rises in Anticipation of Nvidia Earnings Report

Wed, 19 Nov 2025 22:14:00 -0000

The chip maker’s report after the market close beat analyst expectations. Plus: Constellation Energy announces it will restart operations at Three Mile Island nuclear plant. Katherine Sullivan hosts.

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Target to Invest Billions in Store Improvement as Sales Slump

Wed, 19 Nov 2025 17:15:00 -0000

Plus: Larry Summers resigns from the OpenAI board after the release of correspondence between him and Jeffrey Epstein. And McKinsey elects one of its smallest partnership classes in recent years. Zoe Kuhlkin hosts.

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All Eyes on Nvidia Today

Wed, 19 Nov 2025 10:48:00 -0000

Plus, legislation to make a trove of Epstein files public has landed on Trump’s desk. And Elon Musk’s artificial intelligence company, xAI, is in advanced talks to raise $15 billion. Caitlin McCabe hosts.

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AI Bubble Fears Stoke Stock Market Decline

Tue, 18 Nov 2025 21:48:00 -0000

Indexes were down for a fourth straight day. Plus: Home Depot shares fall after the company cut its outlook. Katherine Sullivan hosts.

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Global Markets Tumble as AI Fears Grow

Tue, 18 Nov 2025 11:00:00 -0000

Plus, a House vote on the Justice Department releasing its Epstein files is expected today. And President Trump says that the U.S. would sell F-35 jet fighters to Saudi Arabia. Caitlin McCabe hosts.

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Stocks Drop as Tech Selloff Continues

Mon, 17 Nov 2025 21:54:00 -0000

Traders are scrutinizing the AI boom. Plus: Berkshire Hathaway takes a big stake in Google. Katherine Sullivan hosts.

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Novo Nordisk Slashes Prices for Weight-Loss Drugs

Mon, 17 Nov 2025 16:57:00 -0000

Plus: Johnson & Johnson agrees to acquire Halda Therapeutics for just over $3 billion. And Federal Reserve Governor Philip Jefferson says the Fed should proceed slowly with any further interest rate cuts. Zoe Kuhlkin hosts.

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President Trump Backs Vote to Release Epstein Files

Mon, 17 Nov 2025 11:05:00 -0000

Plus, the Federal Aviation Administration lifts flight restrictions stemming from the government shutdown. And tech stocks rise in South Korea after the country’s largest conglomerates pledged billions of dollars in new domestic investments. Kate Bullivant hosts.

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Stocks Close Mixed Following Volatile Trading Day

Fri, 14 Nov 2025 21:49:00 -0000

Plus: Cidara Therapeutics stock doubles after a bid from Merck. And Under Armour shares fall after dropping a deal with Stephen Curry. Katherine Sullivan hosts.

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Walmart’s CEO Doug McMillon to Step Down After Over a Decade in the Role

Fri, 14 Nov 2025 16:50:00 -0000

Plus: The U.S. agrees to cut tariffs on Switzerland down to 15%. And Jaguar Land Rover reports a quarterly loss after a crippling cyberattack earlier this year. Zoe Kuhlkin hosts.

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Global Market Downturn Continues After Yesterday’s Selloff

Fri, 14 Nov 2025 11:20:00 -0000

Plus, Paramount, Comcast and Netflix prepare bids for Warner Bros. Discovery ahead of the November deadline. And 2026 shapes up to be the worst college graduate job market in five years. Kate Bullivant hosts.

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Doubts Over Fed Rate Cuts Spur Tech Selloff

Thu, 13 Nov 2025 21:41:00 -0000

Plus: Disney reports lower-than-expected revenue. And Verizon shares get a boost after announcing layoffs. Katherine Sullivan hosts.

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Disney Shares Slump After Latest Quarterly Results

Thu, 13 Nov 2025 16:54:00 -0000

Plus: AI startup Cursor raises $2.3 billion in its third funding round this year. And the IRS shares new contribution limits for 401(k)s and IRAs for 2026. Zoe Kuhlkin hosts.

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U.S. Government Slow to Get Back to Business

Thu, 13 Nov 2025 11:21:00 -0000

Plus, the White House says October employment and inflation data are unlikely to be released. And a new malaria drug promises to beat resistant strains. Caitlin McCabe hosts.

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Dow Hits New Record While Tech Stocks Slump

Wed, 12 Nov 2025 21:36:00 -0000

Plus: AMD surges on data center demand. And silver futures hit a new record. Katherine Sullivan hosts.

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Atlanta Fed President Raphael Bostic to Retire in February

Wed, 12 Nov 2025 16:59:00 -0000

Plus: Chevron becomes more serious about entering the power business. And Toyota opens a $14 billion battery plant in North Carolina. Zoe Kuhlkin hosts.

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SNAP Funding Delayed as Shutdown Vote Moves Through House

Wed, 12 Nov 2025 12:01:00 -0000

Plus, the White House explores new rules that would upend shareholder voting. And President Trump moves to drill baby drill, off the coast of California. Caitlin McCabe hosts.

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Stocks Mixed After Weak Jobs Data

Tue, 11 Nov 2025 21:49:00 -0000

ADP jobs report shows job losses in October. Plus: Beyond Meat sales continue to decline. Katherine Sullivan hosts.

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ADP Estimates Private Sector Was Shedding Jobs in October

Tue, 11 Nov 2025 16:39:00 -0000

Plus: Paramount Skydance shares jump after the entertainment company reports third quarter earnings. And Pakistan blames India-backed militants for a deadly suicide bombing in Islamabad, raising tensions in the region. Zoe Kuhlkin hosts.

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Shutdown Deal Headed for a House Vote

Tue, 11 Nov 2025 11:30:00 -0000

Plus, we look at why Anthropic is on track to beat OpenAI to a profit. And SoftBank sells its Nvidia stake for $5.8 billion. Caitlin McCabe hosts.

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U.S. Stocks Rally on Government Shutdown Progress

Mon, 10 Nov 2025 21:57:00 -0000

Plus: Transportation authorities ground MD-11 planes after a fatal crash in Kentucky. And video-sharing platform Rumble says it will acquire an artificial-intelligence infrastructure company for $970 million dollars. Anthony Bansie hosts.

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Supreme Court Rejects Bid to Overturn Same-Sex Marriage

Mon, 10 Nov 2025 16:50:00 -0000

Plus: President Trump pardons Rudy Giuliani, Mark Meadows and dozens of others in connection with efforts to overturn the 2020 election. And Visa and Mastercard reach a settlement with merchants to lower fees. Zoe Kuhlkin hosts.

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Senate Advances Measure to End Shutdown, With Backing from Democrats

Mon, 10 Nov 2025 11:31:00 -0000

Plus, a federal appeals court denies the Trump administration’s bid to avoid fully funding SNAP benefits for November. And Novo Nordisk’s shares gain after the drugmaker withdraws from a bidding war over the obesity drug maker Metsera. Caitlin McCabe hosts.

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Nasdaq Closes its Worst Week Since April

Fri, 07 Nov 2025 21:44:00 -0000

Plus: Affirm shares jump on popularity of its buy now, pay later service. And Tesla stock falls after shareholders approve Elon Musk’s massive pay package. Katherine Sullivan hosts.

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U.S. Consumers’ Moods Sour in November

Fri, 07 Nov 2025 17:22:00 -0000

Plus: Nexperia microchips start leaving China again after being held hostage in a trade war. And IKEA profit plunges 32%. Zoe Kuhlkin hosts.

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Tesla Shareholders Approve Musk’s Trillion Dollar Pay Package

Fri, 07 Nov 2025 11:19:00 -0000

Plus, a federal judge orders the Trump administration to fully fund SNAP benefits for November by today. And U.S. transportation officials begin reducing commercial air traffic at 40 major airports due to the continuing government shutdown. Caitlin McCabe hosts.

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U.S. Stocks Drop on AI Jitters

Thu, 06 Nov 2025 22:16:00 -0000

Plus: Snap jumps on news of integrating Perplexity into Snapchat. And Marvell sees a small gain after a report on a potential merger. Anthony Bansie hosts.

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Nancy Pelosi Not Seeking Re-Election, Ending Decades-Long Political Career

Thu, 06 Nov 2025 16:50:00 -0000

Plus: Warner Bros. Discovery CEO David Zaslav says consideration of a possible company sale is moving ahead. And Charles Schwab acquires Forge Global, joining Wall Street’s push into private assets. Zoe Kuhlkin hosts.

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Expect Delays and Cancellations as Shutdown Shrinks Air Traffic

Thu, 06 Nov 2025 11:19:00 -0000

Plus, we look at the vote that could make Elon Musk a trillionaire. And there are signs the housing squeeze is ending thanks to a flood of unsold new homes. Caitlin McCabe hosts.

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Stocks Rebound After Tech Rout

Wed, 05 Nov 2025 21:58:00 -0000

Chip makers came back, while some major tech firms continued to fall. Plus: Caterpillar shares rise after setting aggressive growth targets. Katherine Sullivan hosts.

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ADP Says the Private Sector Added 42,000 Jobs in October

Wed, 05 Nov 2025 17:42:00 -0000

Plus: France is suspending Shein’s website after discovering child-like sex dolls being sold on the site. And the Motion Picture Association sends a cease-and-desist to Meta Platforms over their use of the term PG-13. Zoe Kuhlkin hosts.

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Democrats Win Big on Election Night

Wed, 05 Nov 2025 11:09:00 -0000

Plus, Republican senators meet at the White House this morning as the government shutdown becomes the longest in history. And we look at the competition facing weight-loss giant Novo Nordisk. Caitlin McCabe hosts.

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Stocks Tumble Amid Tech Selloff

Tue, 04 Nov 2025 21:47:00 -0000

The pullback sent Wall Street’s “fear index” up over 10 percent. Plus: Tesla stock falls after Norway rejects Elon Musk’s pay package. Katherine Sullivan hosts.

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Novo Nordisk, Pfizer Up Their Multibillion-Dollar Bids for Metsera

Tue, 04 Nov 2025 17:33:00 -0000

Plus: First Brands’ new management accuses founder Patrick James of fraud. And Stellantis’s Chrysler recalls over 300,000 hybrid Jeeps over battery fire risks. Zoe Kuhlkin hosts.

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Trump Throws Weight Behind Cuomo

Tue, 04 Nov 2025 11:17:00 -0000

Plus: two major investors reject Elon Musk’s $1 trillion pay package. And, Starbucks sells a majority stake in its China business. Caitlin McCabe hosts.

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Nasdaq, S&P 500 Kick Off November With Gains

Mon, 03 Nov 2025 22:00:00 -0000

Amazon closes at a record high following an OpenAI deal. Plus: Kimberly-Clark agrees to buy Tylenol maker Kenvue. Katherine Sullivan hosts.

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Kimberly-Clark Buys Tylenol Maker Kenvue for Over $40 Billion

Mon, 03 Nov 2025 17:15:00 -0000

Plus: Pfizer files a second lawsuit against Metsera and Novo Nordisk. And OpenAI pays Amazon $38 billion for computing power in a multiyear deal. Zoe Kuhlkin hosts.

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Government Shutdown Nears 35 Day Record

Mon, 03 Nov 2025 11:34:00 -0000

Plus: the unaffordable housing market in the U.S. is causing buyers to embrace riskier mortgages. And, Berkshire Hathaway reports positive quarterly results as the conglomerate inches closer to Warren Buffett’s retirement as CEO. Caitlin McCabe hosts.

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Strong Tech Earnings Boost Nasdaq

Fri, 31 Oct 2025 20:44:00 -0000

Amazon shares soar on cloud-computing growth. Plus: Netflix shares rise after its board approves a stock split. Katherine Sullivan hosts.

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JPMorgan Chase Unit Invests in Texas Stock Exchange

Fri, 31 Oct 2025 15:45:00 -0000

Plus: An Arab-led militia targets Darfur’s Black population as the Sudan civil war escalates. And Exxon Mobil and Chevron report third quarter earnings. Zoe Kuhlkin hosts.

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Trump Calls on Republicans to End Filibuster and Reopen Government

Fri, 31 Oct 2025 11:06:00 -0000

Plus: SpaceX is set to receive $2 billion to develop satellites that can track missiles and aircraft under President Trump’s ‘Golden Dome’ project. And, the U.S. eyes striking Venezuelan military targets that it says are used for drug trafficking. Kate Bullivant hosts.

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Meta and Microsoft Earnings Drag Down Nasdaq

Thu, 30 Oct 2025 21:03:00 -0000

Plus: Amazon shares jump after the bell due to higher earnings. And Chipotle stock falls after economic strains turn customers away. Katherine Sullivan hosts.

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Novo Nordisk Challenges Pfizer’s Metsera Deal With $9 Billion Offer

Thu, 30 Oct 2025 16:02:00 -0000

Plus: BlackRock and other lenders seek to recover $500 million, saying they fell victim to fraud. And Hurricane Melissa barrels through the Bahamas after devastating Jamaica and Cuba. Zoe Kuhlkin hosts.

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U.S. Lowers China Tariffs After Trump, Xi Meeting

Thu, 30 Oct 2025 10:23:00 -0000

Plus: President Trump has ordered the Pentagon to begin testing America’s nuclear weapons on “an equal basis” with Russia and China. And, Universal Music settles a copyright dispute with artificial intelligence music generator Udio. Caitlin McCabe hosts.

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Powell Casts Doubt on December Rate Cut

Wed, 29 Oct 2025 21:01:00 -0000

U.S. stocks close mixed after Federal Reserve Chair Jerome Powell’s comments following new rate cut. Plus: Nvidia sets a market cap record. And strong Google earnings send the stock higher after the bell. Microsoft and Meta also report. Katherine Sullivan hosts.

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Nvidia Hits $5 Trillion Market Value Milestone

Wed, 29 Oct 2025 15:48:00 -0000

Plus: Boeing books a nearly $5 billion charge after pushing back its 777X jet deliveries to 2027. And Israel says the cease-fire is back on after launching dozens of airstrikes. Zoe Kuhlkin hosts.

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Trump Says Constitution Bars Him From Third Term

Wed, 29 Oct 2025 10:29:00 -0000

Plus: Amazon Web Services plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country. And, Hurricane Melissa makes landfall in Cuba, a day after hitting Jamaica. Caitlin McCabe hosts.

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AI Deals Boost U.S. Stocks to New Records

Tue, 28 Oct 2025 21:00:00 -0000

Plus: UPS and Amazon stocks rise after announcing steep job cuts. Katherine Sullivan hosts.

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UPS Cuts 48,000 Management and Operations Positions

Tue, 28 Oct 2025 15:34:00 -0000

Plus: OpenAI converts to a public-benefit corporation and gives Microsoft a 27% stake. And President Trump orders three new lethal strikes on four alleged drug boats in the Eastern Pacific. Zoe Kuhlkin hosts.

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Amazon Plans Major Layoffs in Latest Cost-Cutting Move

Tue, 28 Oct 2025 10:28:00 -0000

Plus: A Republican-led panel recommends that the Justice Department investigate all of former President Joe Biden’s executive actions. And, Chinese auto giant BYD logs a nearly fivefold surge in sales in Europe. Caitlin McCabe hosts.

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Constructive Trade Talks Boost U.S. Stocks to New Records

Mon, 27 Oct 2025 20:49:00 -0000

U.S. and Chinese representatives reported positive outlooks ahead of the Trump-Xi summit this week. Plus: Qualcomm’s shares rise after it announces a new AI chip. Katherine Sullivan hosts.

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Hurricane Melissa, Now Category 5 Storm, Barrels Down on Jamaica

Mon, 27 Oct 2025 16:17:00 -0000

Plus: Japanese Emperor Naruhito hosts President Trump in an attempt to warm relations. And Carter’s closes around 150 stores and reduces its workforce by roughly 15%. Zoe Kuhlkin hosts.

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U.S. and China Report Constructive Weekend Trade Talks

Mon, 27 Oct 2025 10:43:00 -0000

Plus: Argentina’s President Javier Milei scores a decisive political victory in the country’s midterm elections. And, two U.S. Navy aircrafts from the same aircraft carrier crash into the South China Sea. Caitlin McCabe hosts.

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Inflation Report Sends U.S. Stocks to New Records

Fri, 24 Oct 2025 20:42:00 -0000

The Dow closes above 47000 for the first time. Plus: IBM earnings exceed expectations, pushing its stock higher. And Ford shares jump on strong sales report. Katherine Sullivan hosts.

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U.S. Inflation Increased 3% in September

Fri, 24 Oct 2025 16:08:00 -0000

Plus: General Motors cuts more than 200 salaried jobs in Detroit. And the European Union charges Meta over their handling of illegal content. Zoe Kuhlkin hosts.

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Trump Calls Off Trade Talks with Canada

Fri, 24 Oct 2025 10:22:00 -0000

Plus: The White House announces that the hotly anticipated meeting between President Trump and Chinese leader Xi Jinping will go ahead next week. And, the U.S. flies Air Force B-1 bombers near Venezuela ramping up the pressure on President Nicolas Maduro. Kate Bullivant hosts.

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Stocks Rise After U.S.-China Trade Meeting Is Set

Thu, 23 Oct 2025 20:47:00 -0000

Plus: New sanctions on Russian oil companies send energy prices higher. And Blackstone reports lighter-than-expected revenue. Katherine Sullivan hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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NBA Head Coach, Player Arrested in Illegal Gambling Probe

Thu, 23 Oct 2025 15:29:00 -0000

Plus: Rivian lays off over 600 workers in an attempt to save amid EV pullback. And home sales rise in September due to lower borrowing costs. Zoe Kuhlkin hosts.

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The White House Ramps Up Pressure on the Kremlin

Thu, 23 Oct 2025 10:25:00 -0000

Plus: The Trump administration negotiates with quantum-computing companies for equity stakes in exchange for federal funding. And, a trio of European aerospace and defense giants launch a tie-up to compete with Elon Musks’s SpaceX. Caitlin McCabe hosts.

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Renewed Trade Tensions Push Stocks Down

Wed, 22 Oct 2025 20:58:00 -0000

Plus: Netflix shares decline after lower than expected earnings. And Hermès sales fall short of expectations. Katherine Sullivan hosts.

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Trump Nominee Paul Ingrassia Withdrawn After Report of Racist Texts

Wed, 22 Oct 2025 15:28:00 -0000

Plus: Netflix stock falls after latest quarterly results. And conservative activist Robby Starbuck sues Google, alleging its AI tools defamed him. Zoe Kuhlkin hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Trump to Release Farm Aid Frozen by Government Shutdown

Wed, 22 Oct 2025 10:23:00 -0000

Plus: We reveal the major players funding Meta’s new $27 billion data centre. And, how one sports better is entering the world of prediction markets. Caitlin McCabe hosts.

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U.S. Stocks Closed Mixed After Strong Earnings Reports

Tue, 21 Oct 2025 21:05:00 -0000

The Dow hits a new record. Plus: Gold had its worst day in over a decade. And General Motors posts surprisingly strong results. Katherine Sullivan hosts.

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Warner Bros. Discovery Explores Sale in Potential Entertainment Industry Shake Up

Tue, 21 Oct 2025 16:37:00 -0000

Plus: General Motors shares surge after better-than-expected third quarter operating income and new guidance. And key Senate Republicans now oppose the confirmation of Trump’s pick for the Office of Special Counsel following reports of racist texts. Zoe Kuhlkin hosts.

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$100,000 H-1B Visa Fee Will Only Apply to Applicants Outside U.S.

Tue, 21 Oct 2025 10:26:00 -0000

Plus: The Treasury Department tells staff not to share photos of construction taking place on the new White House ballroom. And, the world’s largest EV battery maker posts solid earnings on the back of strong demand. Caitlin McCabe hosts.

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Optimism Over China-Trade Relations Boosts Stocks

Mon, 20 Oct 2025 21:01:00 -0000

Plus: Strong sales send Apple shares up. And mining company Cleveland-Cliffs explores producing rare earth minerals. Katherine Sullivan hosts.

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Customer Cancellations for Disney+ and Hulu Rose Following Kimmel Suspension

Mon, 20 Oct 2025 20:44:00 -0000

Plus: U.S. officials head to Israel in an attempt to shore up the fragile cease-fire in Gaza. And Molson Coors eliminates roughly 400 positions in a restructuring effort. Zoe Kuhlkin hosts.

Correction: Howard Stern said he was canceling his Disney+ subscription but didn’t explicitly ask other people to cancel as well. An earlier version of this podcast incorrectly said Stern was among the celebrities who encouraged others to cancel their subscriptions. (Corrected October 21)

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Trump Ratchets Up Pressure on Latin America

Mon, 20 Oct 2025 10:49:00 -0000

lus: Internet users around the world are knocked offline after a major outage at Amazon Web Services. And, the world’s second-largest economy expands at its slowest pace in a year. Caitlin McCabe hosts.

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Stocks Inch Up as China Trade Tensions Ease

Fri, 17 Oct 2025 20:41:00 -0000

Plus: American Express posted higher than expected gains. And Novo Nordisk shares drop after President Trump suggests a lower price for its weight loss drug. Katherine Sullivan hosts.

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Verisure Subsidiary’s Data Compromised in Cyber Incident

Fri, 17 Oct 2025 16:27:00 -0000

Plus: Goldman Sachs forms a new team to focus on financing data centers to capitalize on the AI boom. And China’s Defense Ministry purges several high-ranking military officials. Zoe Kuhlkin hosts.

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Bolton is Latest Trump Critic to Face Prosecution

Fri, 17 Oct 2025 10:11:00 -0000

Plus: the latest chip shortage sends panic through the auto sector. And, Starbucks weighs potential partners in China to help navigate the country’s coffee competition. Kate Bullivant hosts.

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Health of Regional Banks Weighs on U.S. Stocks

Thu, 16 Oct 2025 20:49:00 -0000

Plus: Nestlé shares gain after it announces layoffs. And Salesforce makes big growth predictions. Katherine Sullivan hosts.

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Trump Administration Plans IRS Changes to Allow Pursuit of Left-Leaning Groups

Thu, 16 Oct 2025 15:43:00 -0000

Plus: The EU puts forth a five-year military strategy to become combat ready by 2030 . And Charles Schwab and BNY report third-quarter earnings that surpass Wall Street’s expectations. Zoe Kuhlkin hosts.

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Trump Says India Agrees to Pause Buying Russian Oil

Thu, 16 Oct 2025 10:01:00 -0000

Plus: Federal officials find no evidence of appliance makers cheating on tariffs – despite last month’s accusations from Whirlpool. And, earnings continue to come in thick and fast with results from Nestle and TSMC. Kate Bullivant hosts.

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AI Gains Boost Nasdaq While Dow Ends Nearly Flat

Wed, 15 Oct 2025 20:43:00 -0000

Plus: Progressive posts disappointing earnings. And Morgan Stanley and Bank of America jump after earnings surprise to the upside. Katherine Sullivan hosts.

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Blackstone Launches New Unit to Bring Private Assets to 401(k) Market

Wed, 15 Oct 2025 16:28:00 -0000

Plus: Novo Nordisk takes over a rare blood and kidney disorder drug from Omeros. And Poolside and CoreWeave partner up to build a massive data center in West Texas. Zoe Kuhlkin hosts.

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China Plays Hardball With Trump on Trade

Wed, 15 Oct 2025 10:06:00 -0000

Plus: The State Department revokes the visas of at least six people over their comments on the killing of Charlie Kirk. And, LVMH posts higher sales for the first time this year, setting a positive tone for luxury-goods makers. Kate Bullivant hosts.

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Shifting Trade News Leads to Volatile Day for Stocks

Tue, 14 Oct 2025 20:52:00 -0000

Uncertainty around trade talks with China led to the day’s ups and downs. Plus: Albertsons grocery stores posted strong results. And Walmart announces a partnership with OpenAI. Katherine Sullivan hosts.

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Bank Earnings Top Analysts Expectations

Tue, 14 Oct 2025 15:53:00 -0000

Plus: The International Monetary Fund predicts global economic growth will slow this year. And Israel and Hamas accuse each other of violating the cease-fire. Zoe Kuhlkin hosts.

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Ford Cuts Production After Fire at Aluminium Supplier

Tue, 14 Oct 2025 10:00:00 -0000

Plus: The U.S. and China race to de-escalate trade tensions ahead of an upcoming summit between President Trump and Chinese leader Xi Jinping. And, Google ramps up its artificial intelligence spending with plans to invest $9 billion through 2027 in South Carolina. Kate Bullivant hosts.

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Nasdaq Rallies After Trump Eases China Trade Fears

Mon, 13 Oct 2025 20:58:00 -0000

Plus: Broadcom strikes a deal with OpenAI. And Beyond Meat plunges after announcing it will offer new shares. Katherine Sullivan hosts.

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Trump Declares an End to War in Gaza

Mon, 13 Oct 2025 16:17:00 -0000

Plus: OpenAI and Broadcom strike a multibillion-dollar chip-development deal. And three economists are awarded the Nobel Prize for Economic Sciences. Zoe Kuhlkin hosts.

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Israel Celebrates as Gaza Hostages Freed

Mon, 13 Oct 2025 10:10:00 -0000

Plus: Paramount’s push to takeover Warner Brothers Discovery appears to be heating up. And, U.S. stock futures are heading higher this morning, after Friday’s sell off fueled by President Trump’s tariff threat on goods from China. Kate Bullivant hosts.

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U.S. Stocks Fall After Trump Threatens China Tariffs

Fri, 10 Oct 2025 20:45:00 -0000

U.S. chipmakers’ stocks are hit especially hard by tariff threats. Plus: Venture Global stock drops after the gas exporter loses an arbitration case against BP. And Applied Digital posts strong quarterly results. Katherine Sullivan hosts.

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Israeli Troops Withdraw From Parts of Gaza

Fri, 10 Oct 2025 16:24:00 -0000

Plus: A massive Russian drone strike and missile barrage causes blackouts in Ukraine. And China launches an antimonopoly investigation into Qualcomm. Zoe Kuhlkin hosts.

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Israel Approves Hostage Deal Setting a Cease-Fire in Gaza

Fri, 10 Oct 2025 10:41:00 -0000

Plus: The Bureau of Labor Statistics says it is bringing back some workers to publish the consumer-price index for September. And, a federal judge blocks President Trump from deploying National Guard members to Illinois for two weeks, citing the potential for civil unrest. Kate Bullivant hosts.

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U.S. Stocks Decline While Gold Pulls Back on Rally

Thu, 09 Oct 2025 20:59:00 -0000

Plus: Traffic-safety regulators open an investigation into Tesla’s self-driving car system. And Delta’s positive outlook boosts airline stocks. Katherine Sullivan hosts.

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Israel Prepares to Vote on Trump Administration-Brokered Hostage Agreement

Thu, 09 Oct 2025 16:33:00 -0000

Plus: Silver prices reach a historic high. And Hungarian novelist László Krasznahorkai is awarded the Nobel Prize in Literature. Zoe Kuhlkin hosts.

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Israel and Hamas Agree to Hostage Release in First Phase of Peace Plan

Thu, 09 Oct 2025 10:11:00 -0000

Plus: Beijing tightens controls of exports on critical minerals key for EVs and military hardware. And, the Trump administration excludes generic drugs from its plans to impose tariffs on Big Pharma. Kate Bullivant hosts.

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U.S. Stocks Rebound While Gold Continues Record-Breaking Rally

Wed, 08 Oct 2025 20:59:00 -0000

The Nasdaq and S&P 500 hit highs. Plus: AST SpaceMobile announces a partnership with Verizon. And Equifax stock rises after announcing it will cut prices. Katherine Sullivan hosts.

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Trump Calls for Imprisonment of Chicago Mayor and Illinois Governor

Wed, 08 Oct 2025 15:52:00 -0000

Plus: Former FBI director James Comey pleads not guilty to two charges of lying to Congress. And a trio of scientists is awarded the Nobel Prize in Chemistry for its work on molecular construction. Zoe Kuhlkin hosts.

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Federal Workers’ Back Pay in Doubt as Shutdown Persists

Wed, 08 Oct 2025 10:18:00 -0000

Plus: Unofficial jobs numbers are starting to come in from Wall Street, pointing to the U.S. labor market losing steam. And, Swiss tech giant ABB looks to sell off its robotics business to Japan’s Softbank. Caitlin McCabe hosts.

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U.S. Stocks Fall While Gold Soars to New Territory

Tue, 07 Oct 2025 20:31:00 -0000

Plus: Trilogy Metals surges after the government announces investment in the company. And Ford falls after a fire in a supplier’s plant. Katherine Sullivan hosts.

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Gold Prices Soar Above $4,000 for First Time

Tue, 07 Oct 2025 15:47:00 -0000

Plus: The WTO says global trade growth in 2025 will be stronger than originally expected. And the NYSE owner says it plans to invest up to $2 billion in the popular crypto-based prediction market, Polymarket. Zoe Kuhlkin hosts.

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Banks Compete for Fannie and Freddie Mega IPO

Tue, 07 Oct 2025 10:41:00 -0000

Plus: Trump suggests he is open to talks on healthcare, signaling that there may be a way to break the impasse on the government shutdown. And, negotiations over a ceasefire in Gaza continue in Egypt two years on from the deadly Hamas attacks that started the conflict. Caitlin McCabe hosts.

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Nasdaq, S&P 500 Close at New Highs Following OpenAI Deal

Mon, 06 Oct 2025 20:49:00 -0000

OpenAI announced a computing deal with AMD. Plus: Comerica stock surges after merger announcement. And Sony stock rises following the Japanese election results. Katherine Sullivan hosts.

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OpenAI, AMD Announce Multibillion-Dollar Computing Deal

Mon, 06 Oct 2025 15:27:00 -0000

Plus: Paramount buys Bari Weiss’s The Free Press for $150 million. And French President Emmanuel Macron loses his fourth Prime Minister in just over a year. Zoe Kuhlkin hosts.

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Negotiators Head to Egypt Over Gaza Ceasefire Talks

Mon, 06 Oct 2025 10:50:00 -0000

Plus: Trump authorizes sending National Guard troops to Illinois. And, the Organization of the Petroleum Exporting Countries and its allies agree to a cautious increase in oil production. Caitlin McCabe hosts.

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Dow Hits New Record on Third Day of Shutdown

Fri, 03 Oct 2025 20:59:00 -0000

The Nasdaq slips slightly. Plus: Palantir shares fall on reports of problems with a battlefield communications network it is developing. And Hitachi's deal with OpenAI pushes its shares higher. Katherine Sullivan hosts.

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The Trump Administration Withholds More Than $2 Billion From Chicago

Fri, 03 Oct 2025 15:02:00 -0000

Plus: One person killed in yesterday’s U.K. synagogue attack was accidentally shot by police. And Apple removes apps tracking U.S. Immigration and Customs Enforcement agents from its app store. Alex Ossola hosts.

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Republicans Are Growing Increasingly Concerned About Healthcare

Fri, 03 Oct 2025 10:00:00 -0000

Plus: The continuing government shutdown means the Bureau of Labor Statistics will not release its usual monthly jobs report today. And, Munich Airport reopens after several drone sightings grounded flights overnight. Kate Bullivant hosts.

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U.S. Stocks Hit Record Highs on Shutdown’s Second Day

Thu, 02 Oct 2025 20:31:00 -0000

A global surge in chip stocks led the rally. Plus: Tesla shares fall despite posting positive sales. And Starbucks raises its dividend. Katherine Sullivan hosts.

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U.K. Synagogue Hit by Deadly Terrorist Attack on Yom Kippur

Thu, 02 Oct 2025 15:45:00 -0000

Plus: Tesla sales unexpectedly rise in the third quarter. And Berkshire Hathaway announces a plan to buy OxyChem for $9.7 billion. Zoe Kuhlkin hosts.

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Samsung and SK Hynix Rally on OpenAI Stargate Deal

Thu, 02 Oct 2025 10:16:00 -0000

Plus: The Trump administration turns the screws on Democrats as the government shutdown continues. And, the U.S. will provide Ukraine with intelligence for missile strikes deep inside Russia. Caitlin McCabe hosts.

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U.S. Stocks Rebound After Government Shutdown

Wed, 01 Oct 2025 20:50:00 -0000

Plus: Pharmaceuticals rally on TrumpRx announcement. And Meta will monitor users' chatbot conversations to create targeted advertising. Katherine Sullivan hosts.

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U.S. Unexpectedly Lost 32,000 Jobs Last Month, ADP Data Show

Wed, 01 Oct 2025 16:00:00 -0000

Plus: The U.S. Supreme Court allows Federal Reserve governor Lisa Cook to keep her job for now, scheduling arguments in January. And Meta says it will begin using chatbot data to target ads on its platforms. Alex Ossola hosts.

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Government Shutdown Leaves Markets on Edge

Wed, 01 Oct 2025 10:36:00 -0000

Plus: The White House withdraws its nominee to lead the Bureau of Labor Statistics. And, European pharmaceutical stocks jump after President Trump unveils a government-run website for consumers to buy drugs directly from manufacturers. Kate Bullivant hosts.

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U.S. Stocks Inch Higher as Shutdown Deadline Approaches

Tue, 30 Sep 2025 20:25:00 -0000

U.S. government funding will lapse overnight unless Congress passes a stopgap spending bill. Plus: Spotify CEO is stepping down. And CoreWeave strikes a deal with Meta. Katherine Sullivan hosts.

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White House Unveils ‘TrumpRx’ Drug-Buying Website and Deal With Pfizer

Tue, 30 Sep 2025 15:24:00 -0000

Plus: A second victim has died as a result of the shooting at a Dallas ICE field office last week. And CoreWeave and Meta ink a $14.2 billion AI Cloud Infrastructure deal. Zoe Kuhlkin hosts.

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Stock Market Slips as Government Shutdown Looms

Tue, 30 Sep 2025 10:52:00 -0000

Plus: Boeing is reportedly planning a new narrow-body airplane to succeed the 737 MAX. And, China’s factory activity shows signs of improvement. Caitlin McCabe hosts.

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U.S. Stocks Tick Higher as Government Shutdown Looms

Mon, 29 Sep 2025 20:51:00 -0000

Plus: Lockheed Martin shares climb after Pentagon urges more missile production. And MoonLake Immunotherapeutics posts disappointing trial results for skin-disorder drug. Katherine Sullivan hosts.

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Electronic Arts Goes Private in Largest LBO Ever

Mon, 29 Sep 2025 15:46:00 -0000

Plus: Trump imposes a 100% tariff on movies made outside of the U.S. And the Trump administration expands the trade blacklist, targeting China’s tech sector. Zoe Kuhlkin hosts.

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Trump, Congressional Leaders Meet As Shutdown Deadline Nears

Mon, 29 Sep 2025 10:25:00 -0000

Plus: the recovery process continues following a shooting at a church during Sunday service. And, New York City Mayor Eric Adams drops out, potentially upsetting the race to lead the city. Caitlin McCabe hosts.

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U.S. Stocks Break Three-Day Losing Streak

Fri, 26 Sep 2025 20:33:00 -0000

Plus: Videogame maker Electronic Arts nears a deal to go private. Latest round of planned tariffs sends shares of RH, Paccar in opposite directions. And Costco falls short of growth estimates. Katherine Sullivan hosts.

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Consumer Sentiment Dropped in September

Fri, 26 Sep 2025 16:09:00 -0000

Plus: Pharma company Amgen announces a $650 million expansion of its U.S. manufacturing network. And federal regulators ease restrictions on Boeing aircraft deliveries. Alex Ossola hosts.

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James Comey Indicted After Pressure from Trump

Fri, 26 Sep 2025 10:25:00 -0000

Plus: President Trump announces tariffs on pharmaceutical companies that aren’t building plants in the U.S., alongside levies on large trucks and home goods. And, financial regulators probe unusual trading patterns in companies that have adopted crypto-treasury strategies. Caitlin McCabe hosts.

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U.S. Stocks Fall for Third Day Despite Positive Economic Indicators

Thu, 25 Sep 2025 20:21:00 -0000

Plus: Intel approaches Apple for investment. And Tesla registrations slump in Europe. Katherine Sullivan hosts.

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Starbucks to Cut Hundreds of Corporate Jobs, Close Stores

Thu, 25 Sep 2025 15:55:00 -0000

Plus: U.S. home sales fell in August. Former French President Nicholas Sarkozy has been sentenced to five years in prison for criminal conspiracy. Zoe Kuhlkin hosts.

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White House Says Shut Down Could Lead to Mass Firings

Thu, 25 Sep 2025 10:57:00 -0000

Plus: Denmark says drones were spotted over at least four airports, including a military air base housing F-16 and F-35 jet fighters. And, lawmakers are ramping up scrutiny of how big tech companies are using H-1B visas.

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Tech Stocks’ Decline Weighs on Markets for Second Straight Day

Wed, 24 Sep 2025 21:00:00 -0000

Plus: Lithium Americas stock nearly doubles amid loan talks with the U.S. And an announcement from President Trump boosts European defense stocks. Katherine Sullivan hosts.

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One Dead, Two Injured in Shooting at Dallas ICE Field Office

Wed, 24 Sep 2025 16:16:00 -0000

Plus: Tether is in talks to raise $20 billion for a $500 billion valuation. And the U.S. is in talks to provide $20 billion in aid to Argentina. Zoe Kuhlkin hosts.

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Jimmy Kimmel Makes On-Air Return Following Suspension

Wed, 24 Sep 2025 10:38:00 -0000

Plus: Democrats chip away at the GOP’s narrow House majority with a special election win in Arizona. And, shares in Alibaba surge as the company announces that it will invest billions in artificial intelligence and the release of a new model. Caitlin McCabe hosts.

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Tech Sector Leads U.S. Stocks Lower

Tue, 23 Sep 2025 20:24:00 -0000

Plus: Amazon plans to close its Amazon Fresh stores in the U.K. And Tylenol maker Kenvue stock rebounds. Katherine Sullivan hosts.

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Trump Rejects Meeting with Democrats a Week Before Government Shutdown

Tue, 23 Sep 2025 15:50:00 -0000

Plus: U.S. business activity expanded at the slowest pace in three months. And the Secret Service stops a telecom threat ahead of the U.N. General Assembly. Zoe Kuhlkin hosts.

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Kenvue Braces for New Lawsuits Over Tylenol’s Potential Link to Autism

Tue, 23 Sep 2025 10:38:00 -0000

Plus: A judge rules that Orsted can restart construction of a massive wind farm off the coast of Rhode Island. And, the Trump administration hints at a financial rescue for Argentina. Caitlin McCabe hosts.

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Nasdaq Leads U.S. Stocks to New Records

Mon, 22 Sep 2025 20:49:00 -0000

Nvidia investment in OpenAI boosts tech stocks. Plus: Pfizer acquires GLP-1 maker Metsera. And Oracle names new co-CEOs. Katherine Sullivan hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Atlanta Fed President Hesitant to Support Further Rate Cuts

Mon, 22 Sep 2025 15:39:00 -0000

Plus: Compass agrees to acquire Anywhere Real Estate in one of the largest deals in the residential brokerage industry. And Pfizer agrees to pay over $7 billion for weight-loss drug developer Metsera. Zoe Kuhlkin hosts.

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Companies React to Trump’s Changes to H1B Visas

Mon, 22 Sep 2025 11:01:00 -0000

Plus: The Trump administration and China have a preliminary deal for a U.S. TikTok app.

And, the owner of Saks Fifth Avenue is in talks to sell 49% of luxury department store Bergdorf Goodman for about $1 billion dollars. Caitlin McCabe hosts.

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U.S. Stocks End Week at Records After TikTok Deal

Fri, 19 Sep 2025 20:22:00 -0000

President Trump has yet to release details of the deal he said was reached with Chinese leader Xi Jinping. Plus: Book publisher Scholastic reports a quarterly loss. And Apple’s new iPhone is released globally. Katherine Sullivan hosts.

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Trump Says U.S. and China Approve TikTok Deal

Fri, 19 Sep 2025 15:56:00 -0000

Plus: The House passed a stopgap measure ahead of government shutdown. Blackstone names a new CEO for its real-estate megafund after the fatal shooting of their previous Chief Executive. Zoe Kuhlkin hosts.

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Trump Moves to Ramp Up U.S. Manufacturing

Fri, 19 Sep 2025 10:00:00 -0000

Plus: Congress heads for a shutdown brawl today, with razortight votes in the House and Senate. And, Trump considers stripping licenses of broadcasters that 'oppose' him. Kate Bullivant hosts.

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U.S. Stock Indexes Hit New Records After Fed Signals More Rate Cuts

Thu, 18 Sep 2025 20:30:00 -0000

Plus: Nvidia announces an investment in Intel. And Cracker Barrel predicts lingering consequences from its rebranding campaign. Katherine Sullivan hosts.

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Nvidia to Invest $5 Billion in Intel

Thu, 18 Sep 2025 15:46:00 -0000

Plus: U.S. leading indicators continue to show a weakening economy. The Bank of England has left its key interest rate unchanged. Zoe Kuhlkin hosts.

CORRECTION: The Leading Economic Index is published by The Conference Board. A previous version of this podcast incorrectly said it was published by The Conference Project.

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Jimmy Kimmel Taken Off Air Over Kirk Shooting Remarks

Thu, 18 Sep 2025 10:24:00 -0000

Plus: We’re exclusively reporting that Pentagon lawyers are raising concerns over President Trump’s strikes on alleged drug boats. And, Novo Nordisk says its daily WeGovy pill helps patients lose about as much weight as its weekly injection. Kate Bullivant hosts.

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Fed Rate Cut Leads to Mixed Results in U.S. Stocks

Wed, 17 Sep 2025 20:29:00 -0000

Stocks ended mixed after a rally following the central bank’s rate cut. Plus: StubHub falls on its NYSE debut. And Lyft announces a partnership with Waymo. Katherine Sullivan hosts.

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Fed Expected to Cut Rates

Wed, 17 Sep 2025 15:51:00 -0000

Plus: Home-building slowed more than expected in August. And Eli Lilly says its investigational diabetes pill outperformed Novo Nordisk’s oral semaglutide in a clinical trial. Zoe Kuhlkin hosts.

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Group of Major Investors Could Take Control of TikTok's U.S. Business

Wed, 17 Sep 2025 11:00:00 -0000

Plus: President Trump heads to Windsor for a royal meeting with King Charles III. And, Ben & Jerry’s co-founder steps away, citing a loss of independence under parent company Unilever. Caitlin McCabe hosts.

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U.S. Stocks Down Ahead of Fed Meeting

Tue, 16 Sep 2025 20:21:00 -0000

Plus: Disney takes a stake in Webtoon Entertainment. And Hershey shares get an upgrade from Goldman Sachs. Katherine Sullivan hosts.

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Trump Administration Appeals Court Decision to Reject Removal of Lisa Cook

Tue, 16 Sep 2025 15:57:00 -0000

Plus: The Trump Administration files a $15 million defamation lawsuit against The New York Times. And U.S. retail sales and import prices rose in August. Zoe Kuhlkin hosts.

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The Fed Kicks Off Pivotal Rate-Setting Meeting

Tue, 16 Sep 2025 10:45:00 -0000

Plus: Israel starts its long-anticipated ground offensive into Gaza City. And, the U.S. military attacks a boat in international waters, allegedly transporting illegal drugs to the U.S. and killing three people. Caitlin McCabe hosts.

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U.S. Stocks Close Higher Following TikTok Deal

Mon, 15 Sep 2025 20:29:00 -0000

Treasury Secretary Scott Bessent announced a “framework” for a deal over the Chinese social-media company’s ownership. The S&P 500 and the Nasdaq hit records. Plus: Tesla shares rise after a filing reveals Elon Musk’s big stock buy. Katherine Sullivan hosts.

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U.S.-China Reach Outline of Deal Over TikTok

Mon, 15 Sep 2025 15:48:00 -0000

Plus: Tesla shares jump after Elon Musk purchases 2.5 million shares in the company. President Trump calls for an end to quarterly earnings report requirements. Zoe Kuhlkin hosts.

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China Says Nvidia Violated Anticompetition Laws

Mon, 15 Sep 2025 11:22:00 -0000

Plus: U.S. China trade talks are underway in Madrid, with social-media app TikTok facing a potential U.S. ban from Wednesday. And, why we’re in the midst of a modern-day gold rush. Caitlin McCabe hosts.

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U.S. Stock Indexes Mixed After Report Shows Waning Consumer Confidence

Fri, 12 Sep 2025 21:01:00 -0000

The Nasdaq hit a new record. Plus: Warner Bros. Discovery extends its rally and Boeing announces delays for its new jet. Katherine Sullivan hosts.

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Authorities Arrest 22-Year-Old Suspect in Kirk Shooting

Fri, 12 Sep 2025 15:44:00 -0000

Plus: President Trump says he plans to send National Guard troops to Memphis, Tenn. And a preliminary estimate from the University of Michigan shows Americans' confidence in the economy waning. Pierre Bienaimé hosts.

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Nvidia Supplier SK Hynix Shares Hit Record on AI Chip Breakthrough

Fri, 12 Sep 2025 10:27:00 -0000

Plus: Utah’s governor calls on the public for help to identify a person of interest in the shooting of Charlie Kirk. And, Beijing sends a stern warning to Mexico about plans to impose tariffs that could hurt Chinese autos. Kate Bullivant hosts.

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U.S. Indexes Hit New Records as Inflation and Jobless Claims Rise

Thu, 11 Sep 2025 20:24:00 -0000

Investor expectations for a rate cut fueled the rise. Plus: Paramount Skydance prepares a bid for Warner Bros. Discovery. And online-housing platform Opendoor’s stock climbs after naming a new CEO. Katherine Sullivan hosts.

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Investigators Examine Rifle and Ammunition in Kirk Shooting

Thu, 11 Sep 2025 15:42:00 -0000

Plus: Consumer prices in the U.S. were up 2.9% in August from a year earlier. The European Central Bank leaves its key deposit rate at 2% for the second consecutive meeting. Pierre Bienaimé hosts.

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Manhunt for Charlie Kirk Shooter Underway

Thu, 11 Sep 2025 10:28:00 -0000

Plus: Mexico announces plans to raise tariffs on imports of key goods from countries with which it doesn’t have an existing trade agreement. And, one of President Trump’s top advisors moves one step closer to joining the Federal Reserve. Kate Bullivant hosts.

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S&P 500 and Nasdaq Hit Records After Report Shows Slowing Inflation

Wed, 10 Sep 2025 20:23:00 -0000

Plus: An Oracle rally boosts AI stocks, and Klarna gains on its debut. Katherine Sullivan hosts.

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Oracle Shares Surge After Massive AI Deals Announcement

Wed, 10 Sep 2025 15:24:00 -0000

Plus: The U.S.’s producer-price index fell last month, surprising economists. And the European Union plans to propose a partial suspension of its trade agreement with Israel over Gaza. Pierre Bienaimé hosts.

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NATO Planes Shoot Down Russian Drones Deep Inside Poland

Wed, 10 Sep 2025 10:30:00 -0000

Plus: A federal judge blocks President Trump from removing Lisa Cook from the Federal Reserve Board. And, Ozempic-maker Novo Nordisk cuts 9,000 jobs as weigh-loss drug competition bites. Kate Bullivant hosts.

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U.S. Stocks Up Despite Jobs Report Revision

Tue, 09 Sep 2025 20:52:00 -0000

The economy added 911,000 fewer jobs than previously reported. Plus: Apple’s new iPhone launch fails to impress investors. Katherine Sullivan hosts.

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Israel Attacks Hamas Leadership in Qatar

Tue, 09 Sep 2025 16:32:00 -0000

Plus: The U.S. added over 900,000 fewer jobs in March than previously known. And Magnum Ice Cream says it will aim for sales growth after its planned demerger from Unilever. Pierre Bienaimé hosts.

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White House Prepares Critical Report of U.S. Jobs Data

Tue, 09 Sep 2025 10:08:00 -0000

Plus: There’s a new bid to end quarterly earnings reports in the U.S. And, major deals news as Anglo American and Teck Resources agree to a merger, as well as an alliance between Europe’s two leading tech companies ASML and Mistral AI. Kate Bullivant hosts.

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Nasdaq Reaches New High in Anticipation of Rate Cuts

Mon, 08 Sep 2025 21:00:00 -0000

Plus: An EchoStar deal with SpaceX weighs on the broader telecoms market. Forward Industries soars on Solana announcement. Katherine Sullivan hosts.

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Federal Prosecutors Charge Financier Paul Regan With Fraud

Mon, 08 Sep 2025 16:31:00 -0000

Plus: SpaceX is writing its biggest check ever to grow its foothold in the mobile-phone business. And at least six people were killed in a shooting attack in Jerusalem. Pierre Bienaimé hosts.

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South Korea, U.S. Reach Deal to Release Detained Workers

Mon, 08 Sep 2025 10:54:00 -0000

Plus: Japanese markets brace for the next political shift as Prime Minister Shigeru Ishiba exits. And, BMW and Mercedes take on Tesla with new luxury SUVs. Caitlin McCabe hosts.

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U.S. Stocks Tick Down Following Weak Jobs Report

Fri, 05 Sep 2025 20:27:00 -0000

Hopes for an interest-rate cut rise. Plus: Lululemon slashes sales outlook. And shares of the maker of Tylenol react to expected RFK Jr. report. Katherine Sullivan hosts.

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U.S. Jobs Growth Stalled in August

Fri, 05 Sep 2025 16:30:00 -0000

Plus: Tesla’s board proposes a new pay package for CEO Elon Musk that could be worth as much as $1 trillion over a decade. And U.K. Deputy Prime Minister Angela Rayner resigns over a tax issue. Alex Ossola hosts.

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Immigration Authorities Arrest 450 People at Hyundai Plant in Georgia

Fri, 05 Sep 2025 10:08:00 -0000

Plus: The U.S. is preparing to start renegotiating the USCMA trade deal, with public consultations set to begin as soon as this week. And, jobs Friday shapes up to be a pivotal one for markets. Azhar Sukri hosts.

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U.S. Stocks Rise Despite Signs of Cooling Job Market

Thu, 04 Sep 2025 20:27:00 -0000

Plus: American Eagle shares soar following its controversial ad campaign. Figma misses the mark on profit expectations. Katherine Sullivan hosts.

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Justice Department Opens Probe Into Fed Governor Lisa Cook

Thu, 04 Sep 2025 15:50:00 -0000

Plus: Health and Human Services Secretary Robert F. Kennedy Jr. defends his ouster of the CDC’s director during a Senate hearing. And fashion designer Giorgio Armani dies at age 91. Alex Ossola hosts.

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Trump Administration Asks Supreme Court for Swift Tariffs Decision

Thu, 04 Sep 2025 10:28:00 -0000

Plus: A federal judge rules that the administration must reinstate the $2.2 billion it cut from Harvard University’s research funding. And, Porsche takes the exit ramp off Germany’s DAX stock index. Azhar Sukri hosts.

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U.S. Stocks Mixed But Tech Rallies

Wed, 03 Sep 2025 20:55:00 -0000

Nasdaq leads the major indexes. Plus: Macy’s shares rally on improved outlook. And Dollar Tree warns of tariff costs. Katherine Sullivan hosts.

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U.S. Job Openings Unexpectedly Fell in July

Wed, 03 Sep 2025 15:52:00 -0000

Plus: Macy’s lifts its full-year outlook after same-store sales grew in the second quarter. And American Bitcoin, a company backed by President Trump's two eldest sons, is set to debut on the Nasdaq today. Alex Ossola hosts.

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Google Avoids Harshest Antitrust Penalties

Wed, 03 Sep 2025 10:15:00 -0000

Plus: The U.S. revokes authorization for TSMC to freely ship key equipment to its main Chinese chip-making site. And, Disney pays a $10 million penalty over allegations it unlawfully collected children’s data to use in targeted advertising. Azhar Sukri hosts.

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U.S. Stocks Down as Fiscal Worries Fuel Bond Selloff

Tue, 02 Sep 2025 21:09:00 -0000

Concerns over nations’ fiscal outlooks drive bond yield higher. Plus: The marketer of Modelo and Corona predicts lower beer sales. And Kraft Heinz shares decline on news of the company’s breakup. Katherine Sullivan hosts.

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Kraft Heinz Is Splitting Up

Tue, 02 Sep 2025 15:40:00 -0000

Plus: Activist investor Elliott Investment Management is pushing for changes at PepsiCo. And a federal judge rules that President Trump’s deployment of troops in Los Angeles was illegal. Alex Ossola hosts.

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Congress Races to Avoid Government Shutdown

Tue, 02 Sep 2025 10:28:00 -0000

Plus: Swiss food giant Nestlé fires its CEO Laurent Freixe over a relationship with a subordinate. And, online payments provider Klarna readies its much-anticipated IPO. Azhar Sukri hosts.

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AI Worries Push Nasdaq Lower

Fri, 29 Aug 2025 20:53:00 -0000

Nvidia and other AI-linked stocks lead a broad market retreat. Plus: Caterpillar says it expects to take a bigger hit from tariffs. And we report Kraft Heinz is closing in on a plan to break itself up. Alex Ossola hosts.

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Trump Moves to Cut Billions in Foreign Aid, Bypassing Congress

Fri, 29 Aug 2025 16:15:00 -0000

Plus: U.S. inflation persisted above the Fed’s target in July. President Trump revokes Kamala Harris’s Secret Service protection. Alex Ossola hosts.

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Alibaba Has a New Made-in-China Chip

Fri, 29 Aug 2025 10:07:00 -0000

Plus: The Trump administration’s trade policies are starting to hit Americans’ wallets as a number of retailers raise prices. And, Caterpillar shares dip in offhours trading after the company says tariffs will have a bigger impact on its bottom line than previous estimates. Azhar Sukri hosts.

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S&P Closes at New Record Despite Nvidia Slip

Thu, 28 Aug 2025 20:56:00 -0000

The chipmaker’s stock was down less than 1%. Plus: Spam maker Hormel Foods announces price increases. Katherine Sullivan hosts.

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Fed Governor Lisa Cook Sues President Trump to Stop Him from Firing Her

Thu, 28 Aug 2025 15:45:00 -0000

Plus: The eurozone’s economic outlook fell in August. Russia launches its deadliest attack on Ukraine since Trump’s Alaska summit with Putin. Alex Ossola hosts.

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White House Says CDC Director Removed

Thu, 28 Aug 2025 10:09:00 -0000

Plus: President Trump fires a member of the railroad regulator that’s evaluating a merger between Union Pacific and Norfolk Southern. And, BYD outsells Tesla in Europe. Azhar Sukri hosts.

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Nvidia Sets Sales Record But Misses in AI Chips Segment

Wed, 27 Aug 2025 21:10:00 -0000

Plus: S&P closes at record high. Kohl’s stock surges on positive sales report. And shares of Cracker Barrel rally after the restaurant chain reverts to its old logo. Katherine Sullivan hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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At Least Two Children Killed in Minneapolis Catholic School Shooting

Wed, 27 Aug 2025 16:48:00 -0000

Plus: The FBI says that the scale of China’s “Salt Typhoon” espionage campaign far exceeded initial estimates. The Trump administration takes control of Washington, D.C.’s Union Station. Pierre Bienaimé hosts.

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Trump Mulls Replacements for Fed’s Lisa Cook

Wed, 27 Aug 2025 09:57:00 -0000

Plus: SpaceX completes a successful Starship test launch, after previous setbacks for Elon Musk’s rockets. And, Exxon Mobil held secret talks to resume working in Russia. Azhar Sukri hosts.

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U.S. Stocks Tick Higher Despite Threat to Fed Governor

Tue, 26 Aug 2025 20:57:00 -0000

The Federal Reserve defends governor Lisa Cook after President Trump said he would fire her. Plus: Trump Media gets a crypto boost. And EchoStar’s stock surges after a spectrum license sale to AT&T. Katherine Sullivan hosts.

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Illinois Governor Challenges Trump’s Plan for Troops in Chicago

Tue, 26 Aug 2025 15:50:00 -0000

Plus: American consumers’ confidence edges slightly lower in August. Norway's sovereign-wealth fund divests from Caterpillar over Israel’s bulldozer use in Gaza. Pierre Bienaimé hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Trump Says He’s Removing Fed Governor Lisa Cook

Tue, 26 Aug 2025 10:12:00 -0000

Plus: a senior Chinese trade negotiator heads to Washington as talks resume despite simmering tensions. And, President Trump threatens higher tariffs and export curbs on countries that tax or regulate U.S. tech firms. Azhar Sukri hosts.

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U.S. Stocks Tick Lower Following Friday’s Rally

Mon, 25 Aug 2025 20:57:00 -0000

Plus: Keurig Dr Pepper agrees to buy Peet’s Coffee. And shares of furniture brands Wayfair and RH fall after President Trump’s tariff warnings. Katherine Sullivan hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Elon Musk’s xAI Sues Apple and OpenAI, Alleging They Thwart AI Competition

Mon, 25 Aug 2025 16:18:00 -0000

Plus: Kilmar Abrego Garcia is set for deportation after he was arrested at a Baltimore ICE office. And Palestinian health authorities say at least 20 people, including at least four journalists, were killed in Israeli strikes on a Gaza hospital. Pierre Bienaimé hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Silicon Valley Group Pushes Back Against AI Regulations

Mon, 25 Aug 2025 10:30:00 -0000

Plus, Keurig Dr Pepper strikes an $18 billion deal to buy JDE Peet's before spinning off its coffee and beverage units. And, a new study shows the wealthiest Americans might be paying more tax than previously thought. Azhar Sukri hosts.

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Dow Hits New Record as Fed Chair Opens Door for Rate Cut

Fri, 22 Aug 2025 20:27:00 -0000

Traders dial up bets on a rate reduction in September. Plus: Ubiquiti stock surges after raising its dividends. And video conferencing company Zoom posts a strong quarter. Katherine Sullivan hosts.

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U.S. Stocks Surge After Powell Opens Door for Rate Cuts

Fri, 22 Aug 2025 15:25:00 -0000

Plus: International food-security experts declare famine in Gaza City. And the FBI raids former Trump adviser John Bolton’s home. Zoe Kuhlkin hosts.

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Federal Judge Orders Winding Down of ‘Alligator Alcatraz’

Fri, 22 Aug 2025 10:30:00 -0000

Plus: Federal Reserve officials tell the Journal they’re divided on the labor market. And, the Trump administration considers new equity stakes in chip makers. Caitlin McCabe hosts.

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S&P Falls for Fifth Straight Day

Thu, 21 Aug 2025 20:17:00 -0000

Plus: Walmart shares decline after the retailer posts disappointing earnings. Paramount Skydance stock jumps, rekindling talk that it might become a meme stock. And Cracker Barrel’s redesign leads its stock to slide. Katherine Sullivan hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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N.Y. Appeals Court Throws Out $500 Million Judgment Against Trump

Thu, 21 Aug 2025 15:56:00 -0000

Plus: U.S. home sales unexpectedly rose in July. Walmart is attracting more shoppers as tariffs push prices higher. Sabrina Siddiqui hosts.

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Meta Takes a Breather on AI Hiring Spree

Thu, 21 Aug 2025 10:03:00 -0000

Plus: central bankers converge on Jackson Hole for their annual symposium. And, North Carolina declares a state of emergency as Hurricane Erin churns off the coast. Caitlin McCabe hosts.

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Tech Stocks Slide for Second Day

Wed, 20 Aug 2025 20:27:00 -0000

Plus: Intel shares erase their earlier gains. Retail earnings reports lead to losses for Target’s stock and gains for shares of TJ Maxx’s parent company. Katherine Sullivan hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Trump Calls for Fed Governor to Resign After Accusation of Mortgage Fraud

Wed, 20 Aug 2025 15:26:00 -0000

Plus: Target’s shares fall after the announcement of a new CEO. And the Israeli military plans to begin calling up reservists for an invasion of Gaza City. Pierre Bienaimé hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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McDonald’s to Slim Combo Prices After Big Mac Sticker Shock

Wed, 20 Aug 2025 10:04:00 -0000

Plus: The Trump administration says immigrants seeking to live and work in the U.S. will now have their social media scrutinized for so-called “anti-American ideologies.” And, Elon Musk backpedals on plans to launch his political party. Caitlin McCabe hosts.

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Tech Slide Weighs on U.S. Markets

Tue, 19 Aug 2025 20:24:00 -0000

Plus: Intel’s stock jumps after the announcement of a SoftBank investment. And Home Depot rallies despite a disappointing report. Katherine Sullivan hosts.

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U.S. Home-Building Climbed Unexpectedly in July

Tue, 19 Aug 2025 15:51:00 -0000

Plus: Home Depot says homeowners are doing small projects but deferring big ones. And Air Canada’s flight attendants will return to work after reaching a deal to end their strike. Pierre Bienaimé hosts.

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SoftBank Bets on Embattled Chip Maker Intel

Tue, 19 Aug 2025 10:16:00 -0000

Plus: President Trump’s steel-and-aluminum tariffs are extended to knives, wire and other finished goods. And, the Trump administration reinstates a public website that tracks federal spending after a legal fight. Caitlin McCabe hosts.

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U.S. Stocks Mixed as Investors Await Fed Chair’s Speech

Mon, 18 Aug 2025 20:24:00 -0000

Plus: Solar stocks First Solar and Sunrun add to Friday’s gains. And Soho House shares get a boost after a deal announcement. Katherine Sullivan hosts.

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EU Leaders Arrive at White House Ahead of Trump-Zelensky Meeting

Mon, 18 Aug 2025 16:21:00 -0000

Plus: Texas Democrats end their walkout aimed at stopping a Republican-backed redistricting plan. And MSNBC is changing its name and losing the peacock logo. Pierre Bienaimé hosts.

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Zelensky Returns to Washington Under Pressure From Putin

Mon, 18 Aug 2025 10:02:00 -0000

Plus: Air Canada passengers are facing more travel disruptions, as flight attendants reject a government back-to-work order. And, a group of investors led by MCR Hotels is nearing a deal to take Soho House private. Caitlin McCabe hosts.

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U.S. Stocks End Mixed After Dow Hits Intraday Record

Fri, 15 Aug 2025 20:20:00 -0000

Plus: UnitedHealth’s stock soars on news of Berkshire Hathaway stake. Applied Materials takes a tumble after lowering its forecasts. Katherine Sullivan hosts.

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Trump: ‘Possibility’ That U.S., Europe Could Offer Security Guarantees to Ukraine

Fri, 15 Aug 2025 15:42:00 -0000

Plus: Washington, D.C. sues the Trump administration to stop President Trump’s takeover of the local police department. And U.S. consumer sentiment weakened in August due to inflation fears. Zoe Kuhlkin hosts.

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Trump, Putin Enter Alaska Talks With Conflicting Aims

Fri, 15 Aug 2025 10:22:00 -0000

Plus: Intel is in talks with the Trump administration for the U.S. government to buy a stake in the chip maker, according to people familiar with the matter. And, Berkshire Hathaway reduces its holdings in Apple. Azhar Sukri hosts.

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Hot Inflation Report Leaves U.S. Stocks Mixed

Thu, 14 Aug 2025 20:46:00 -0000

Plus: Bullish adds to its opening-day success. Kate Spade owner Tapestry, Deere and Coherent take hits to their shares. Katherine Sullivan hosts.

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U.S. Wholesale Prices Climbed Faster Than Expected in July

Thu, 14 Aug 2025 16:09:00 -0000

Plus: U.S. jobless claims fell last week. And eurozone industrial output slumps. Pierre Bienaimé hosts.

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Ukraine’s Zelensky Tries to Shore Up Support Ahead of Trump-Putin Summit

Thu, 14 Aug 2025 10:35:00 -0000

Plus: Trump faces fresh criticism over immigrant detention facilities. And, a White House executive order aims to speed up space launches. Azhar Sukri hosts.

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Hopes for Interest-Rate Cut Lead to Modest Stock Gains

Wed, 13 Aug 2025 20:49:00 -0000

Plus: Amazon announces new grocery services. Bullish’s stock soars on its IPO day. Cava misses growth expectations. Katherine Sullivan hosts.

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Trump and EU Leaders Discuss Red Lines Ahead of Summit With Putin

Wed, 13 Aug 2025 16:38:00 -0000

Plus: The Chinese-owned GE Appliances plans to invest $3 billion on U.S. factories. Air Canada flight attendants’ union issues strike notice. Pierre Bienaimé hosts.

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National Guard Patrol D.C. Streets Amid Trump Federal Takeover

Wed, 13 Aug 2025 10:10:00 -0000

Plus: China will impose a 75.8% tariff on all Canadian canola imports. And, Vestas sees a drop in quarterly orders amid wind-energy uncertainty. Azhar Sukri hosts.

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Inflation Report Fuels Investors’ Hopes for a Rate Cut

Tue, 12 Aug 2025 20:59:00 -0000

Plus: Intel shares extend a rally after its CEO met with President Trump. Google shares climb as Perplexity makes a long-shot bid to purchase its Chrome browser. And Eastman Kodak’s warning that it may have trouble paying off its debt sends its shares tumbling. Charlotte Gartenberg hosts.

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U.S. Inflation Held Steady in July, But Core Inflation Rose

Tue, 12 Aug 2025 15:45:00 -0000

Plus: Perplexity makes an unsolicited bid for Google Chrome, offering $34.5 billion. And Spirit Airlines warns that it may not continue to operate if its financial results don’t improve faster than expected. Alex Ossola hosts.

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Trump Names His Pick for the Bureau of Labor Statistics

Tue, 12 Aug 2025 10:44:00 -0000

Plus: A Ukraine peace deal is not a priority for Moscow, just days away from a key summit. And, shares in Kodak slump after the photography company warned it may not be able to pay its debts. Azhar Sukri hosts.

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U.S. Stocks Edge Lower as Trump Extends China Tariff Deadline

Mon, 11 Aug 2025 21:16:00 -0000

Plus: President Trump posts on social media that there would be no new tariffs on gold. Cryptocurrency-linked stocks Coinbase and MicroStrategy rise with bitcoin's price. Anthony Bansie hosts.

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Trump to Deploy National Guard to Washington, D.C.

Mon, 11 Aug 2025 15:38:00 -0000

Plus: Ford is investing $2 billion in a Kentucky factory to build an affordable an electric pickup. And Paramount has struck a deal with TKO Group for exclusive rights to all Ultimate Fighting Championship matches starting next year. Alex Ossola hosts.

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Nvidia and AMD to Give U.S. 15% Cut of China AI Chip Sales

Mon, 11 Aug 2025 10:18:00 -0000

Plus: A critic of the Bureau of Labor Statistics is a leading candidate to head the government agency. And, U.S. companies are buying back their shares at a record pace this year. Azhar Sukri hosts.

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U.S. Stocks Close Out Winning Week With Nasdaq at New Record

Fri, 08 Aug 2025 21:09:00 -0000

The White House says it will clarify new levies on gold. Plus, the Trump administration is preparing to sell stock in mortgage giants Fannie Mae and Freddie Mac. Anthony Bansie hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Trump Preparing IPO for Fannie Mae and Freddie Mac Later This Year

Fri, 08 Aug 2025 16:12:00 -0000

Plus: Gold hits new high as market is rattled by unexpected news that U.S. tariffs will apply to gold bars. And thousands are forced to evacuate due to L.A. County wildfires. Zoe Kuhlkin hosts.

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Israel’s Security Cabinet Approves Plan to Control Gaza CIty

Fri, 08 Aug 2025 10:07:00 -0000

Plus: Ukrainian President Volodymyr Zelensky defends his right to participate in possible peace talks with Vladimir Putin and President Trump. And, a shake-up to 401(k) investing could allow Americans to put their pensions in crypto. Azhar Sukri hosts.

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The Nasdaq Hits Another Record High While Other Major Indexes Slipped

Thu, 07 Aug 2025 21:00:00 -0000

U.S.tariffs kicked in on imports from dozens of countries just after midnight. Plus: Apple announces an extra $100 billion commitment to U.S. manufacturing. Eli Lilly’s weight-loss pill showed less than expected results. And, Crocs warns of a quarterly sales decline and an annual hit from tariffs. Charlotte Gartenberg hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Trump Says Intel’s CEO Should Resign Over China Ties

Thu, 07 Aug 2025 16:07:00 -0000

Plus: Russian president Vladimir Putin says a meeting with President Trump could be held in the United Arab Emirates. And the Bank of England has lowered its key interest rate for the fifth time in a year. Alex Ossola hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Tech Stocks Rise as Trump Threatens 100% Chip Tariff

Thu, 07 Aug 2025 09:58:00 -0000

Plus: Microsoft is raiding Google’s DeepMind for talent to bolster its AI ambitions. And, United Airlines resumes flights after a tech issue causes widespread delays. Azhar Sukri hosts.

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Major Indexes Up as Trump Hikes India Tariffs and Investors Dig Into Earnings

Wed, 06 Aug 2025 21:18:00 -0000

Plus: Disney raised its annual profit forecasts for streaming and parks. Shopify reported better-than-expected results. Uber's revenue topped forecasts. And, the Department of Health and Human Services canceled a grant for the Moderna’s bird-flu shot. Charlotte Gartenberg hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Trump Imposes Additional 25% Tariffs on Indian Imports

Wed, 06 Aug 2025 16:24:00 -0000

Plus: The White House says Apple will announce a $100 billion commitment to U.S. manufacturing. And McDonald’s sales rebound in the latest quarter. Pierre Bienaimé hosts.

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Witkoff Meets Putin Ahead of Trump’s Ukraine War Deadline

Wed, 06 Aug 2025 10:41:00 -0000

Plus: Sales of Novo Nordisk’s Wegovy soar despite more Americans opting for generic weight-loss drugs. And, the NFL agrees to a tie-up that would see it take a 10% stake and Disney’s ESPN. Azhar Sukri hosts.

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Indexes Fall Modestly as Trump Expects Chip, Pharma Tariffs Soon

Tue, 05 Aug 2025 20:54:00 -0000

President Trump's announcement of new tariffs on semiconductors and pharmaceuticals kept markets in flux. Plus: Drugmaker Pfizer boosted its annual profit guidance. And, data-software company Palantir reported strong quarterly earnings and raised its yearly outlook. Charlotte Gartenberg hosts.

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Trump Says Bessent Is No Longer in the Running To Be Fed Chair

Tue, 05 Aug 2025 16:14:00 -0000

Plus: The U.S. trade gap shrank to its lowest level in June since 2023. And India defends its ability to buy Russian oil, despite President Trump’s threats of higher tariffs. Alex Ossola hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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White House Aims to Punish Banks For Political Discrimination

Tue, 05 Aug 2025 10:13:00 -0000

Plus: The Trump Administration announces a pilot program requiring some travelers on visas to post bonds of up to $15,000 to enter the U.S. And, oil prices continue on OPEC+ decision to raise output. Azhar Sukri hosts.

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U.S. Stocks Rally After Tough Week

Mon, 04 Aug 2025 20:57:00 -0000

Investors increase their bets that the Federal Reserve will cut interest rates in September. Plus: Palantir reports $1 billion in revenue and boosts its outlook. Anthony Bansie hosts.

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Tesla Approves Elon Musk’s $24 Billion Stock Award

Mon, 04 Aug 2025 15:54:00 -0000

Plus: Eric Trump and Donald Trump Jr. are backing a SPAC that aims to merge with companies ”revitalizing domestic manufacturing.” And Spotify says it will be raising its premium subscription prices. Pierre Bienaimé hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Trump Administration Defends Firing of Labor Statistics Head

Mon, 04 Aug 2025 10:25:00 -0000

Plus: Texas Democrats flee the state in a bid to stop a GOP redistricting. And, UBS sheds another legal case it inherited as part of its acquisition of Credit Suisse. Azhar Sukri hosts.

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Weak Jobs Report and Tariff Blitz Push U.S. Stocks Lower

Fri, 01 Aug 2025 20:33:00 -0000

A softer-than-expected July jobs report and President Trump’s revamped tariff plan weighs on markets. Plus: Amazon reports disappointing growth. Reddit swings to a quarterly profit on AI improvements. And First Solar’s earnings and revenue guidance beat expectations. Charlotte Gartenberg hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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U.S. Hiring Slowed in July

Fri, 01 Aug 2025 15:28:00 -0000

Plus: Businesses around the world try to make sense of Trump’s tariff announcements, ICC says. And Exxon Mobil seeks M&A possibilities as oil giants post lower profits in the latest quarter. Zoe Kuhlkin hosts.

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Stock Markets Drop on Latest Trump Tariffs

Fri, 01 Aug 2025 10:25:00 -0000

Plus: Steve Witkoff heads to Gaza as part of an attempt to develop a new aid-distribution plan. And, Ray Dalio sells his remaining stake in Bridgewater. Azhar Sukri hosts.

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U.S. Stocks Drop as Investors Await Tariff Deadline

Thu, 31 Jul 2025 21:19:00 -0000

President Trump gives Mexico more time for trade talks. Plus: Microsoft and Meta Platforms post strong earnings. EBay logs better-than-expected results. And Apple and Amazon post earnings after the bell. Charlotte Gartenberg hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Microsoft Becomes the World’s Second $4 Trillion Company

Thu, 31 Jul 2025 16:12:00 -0000

Plus, President Trump extends the existing tariffs on Mexico for 90 days. And the Fed’s preferred gauge for inflation was higher than the bank’s target in June. Alex Ossola hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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U.S. Strikes Flurry of Trade Deals

Thu, 31 Jul 2025 10:43:00 -0000

Plus: China’s cybersecurity regulator summons Nvidia, citing chip-security issues. And, Shell announces a $3.5 billion share buyback, despite lower oil and gas prices. Azhar Sukri hosts.

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Federal Reserve Holds the Line on Interest Rates

Wed, 30 Jul 2025 21:13:00 -0000

Fed Chair Jerome Powell signals reluctance about a rate cut at the central bank’s next meeting in September. Plus: Hershey trimmed its annual outlook to reflect higher projected tariff expenses. SoFi Technologies plans a public offering of $1.5 billion of stock. Starbucks’s earnings undershot estimates. And, Visa posted forecast-beating quarterly results. Charlotte Gartenberg hosts.

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U.S. Economy Returns to Growth in the Second Quarter

Wed, 30 Jul 2025 16:12:00 -0000

Plus: President Trump says that India will face a 25% tariff rate starting August 1. And Amazon will pay at least $20 million per year to license content from the New York Times. Alex Ossola hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Tsunami Waves Reach Hawaii After Massive Russian Earthquake

Wed, 30 Jul 2025 11:09:00 -0000

Plus: The Fed is expected to hold rates steady, although Chair Powell may face unprecedented dissent today. And, U.S. tariffs weigh on European automakers Porsche and Mercedes-Benz. Azhar Sukri hosts.

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Stock Indexes Slip as U.S. and Chinese Officials Discuss Extending Tariff Pause

Tue, 29 Jul 2025 20:59:00 -0000

Import duties on Chinese goods could surge about 80% if the pause expires on Aug. 12. Plus: UnitedHealth Group said its earnings for the year will miss expectations. And Novo Nordisk stock plunged after the Ozempic maker cut its guidance. Danny Lewis hosts.

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Novo Nordisk Shares Plummet as Competition Weighs on Wegovy Sales

Tue, 29 Jul 2025 16:24:00 -0000

Plus: JPMorgan Chase nears a deal to take over Apple’s credit-card program. And U.S. consumers’ economic mood improved this month, but they remained concerned about tariffs and the labor market. Pierre Bienaimé hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Shooter Kills Four in New York Including Blackstone Exec and NYPD Officer

Tue, 29 Jul 2025 10:30:00 -0000

Plus: Famine is now unfolding in Gaza, according to experts. And, premiums for Medicare drug plans are set to increase sharply next year. Kate Bullivant hosts.

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Stock Indexes Closed Mixed After U.S.-EU Trade Deal

Mon, 28 Jul 2025 20:50:00 -0000

The agreement removed the risk of an all-out trade war, but critics said it could weigh on already-sluggish economic growth in Europe. Plus: Boeing shares rose after the deal restored tariff exemptions for the aerospace sector. And stock in Tesla rallied after Elon Musk announced a deal with Samsung for artificial intelligence chips. Danny Lewis hosts.

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Businesses Leaders Welcome EU-U.S. Trade Agreement as Least Bad Outcome

Mon, 28 Jul 2025 15:54:00 -0000

Plus: President Donald Trump says Russia has 10 or 12 days to reach a cease-fire with Ukraine or face more economic pressure. And the leaders of Thailand and Cambodia have agreed to a cease-fire after deadly clashes at their border. Pierre Bienaimé hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Trump and EU Reach Trade Agreement

Mon, 28 Jul 2025 10:14:00 -0000

Plus: Samsung and Tesla ink a multi-billion dollar chip supply deal. And, Hong Kong-based CK Hutchison says it is looking to include a Chinese investor in its Panama Canal ports sale. Kate Bullivant hosts.

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S&P 500 Ends the Week With Its Fifth Straight Record Close

Fri, 25 Jul 2025 21:00:00 -0000

The Nasdaq also rose to fresh highs as progress in trade talks bolstered markets. Plus: Intel shares fell after it reported a wider quarterly loss and announced 15% of staff will be laid off. And Samuel Adams brewer Boston Beer said it expects tariffs to have a more moderate effect on its costs. Danny Lewis hosts.

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White House Seeks Fines From Universities in Exchange for Federal Funding

Fri, 25 Jul 2025 16:38:00 -0000

Plus: The Trump administration sues New York City over sanctuary policies. And Meta stops all political advertisements on its social platforms in the EU. Zoe Kuhlkin hosts.

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Trump Buoyed By Voter’s Improved Views of the Economy

Fri, 25 Jul 2025 10:46:00 -0000

Plus: Volkswagen lowers its financial guidance after earnings were hit by tariff costs. And, a U.S. regulator approves Skydance’s merger with Paramount Global. Azhar Sukri hosts.

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Signs of Trade-Talk Progress Lifted the S&P 500 to a New Record

Thu, 24 Jul 2025 20:55:00 -0000

But some large component stocks dragged on the Dow Jones Industrial Average, including UnitedHealth Group. The health conglomerate disclosed that it is cooperating with criminal and civil investigations by the U.S. Justice Department. Plus: Tesla shares slid after Elon Musk’s electric vehicle-maker said car sales continued to fall for another quarter. Danny Lewis hosts.

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UnitedHealth Says It’s Responding to Justice Department Probe

Thu, 24 Jul 2025 15:57:00 -0000

Plus: Union Pacific and Norfolk Southern are in advanced discussions for a deal that could create the largest rail operator in the U.S. And the European Central Bank holds interest rates steady. Alex Ossola hosts.

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Trump Plans Visit to Federal Reserve as Powell Feud Continues

Thu, 24 Jul 2025 10:19:00 -0000

Plus: Columbia University agrees to pay more than $200 million dollars to the federal government over allegations the school violated anti-discrimination laws. And, Hyundai Motor reports a 22% drop in profits from a year earlier amid higher U.S. tariffs. Kate Bullivant hosts.

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Tesla Profit Plunges on Weak EV Sales

Wed, 23 Jul 2025 20:59:00 -0000

U.S. stocks climb as European Union negotiates trade deal. Plus: AT&T gains more wireless and internet subscribers than expected. Hilton Worldwide posts better-than-projected results. Earnings forecast for Texas Instruments disappoints analysts. And Google parent Alphabet’s stock takes a hit after earnings report. Charlotte Gartenberg hosts.

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U.S. Home Prices Hit a Record High, Sales Fell in June

Wed, 23 Jul 2025 18:04:00 -0000

Plus, a probe finds that Klaus Schwab, the founder of the World Economic Forum, engaged in a pattern of misconduct. And the U.K.’s competition watchdog is proposing new guardrails on Apple and Google’s mobile platforms. Alex Ossola hosts.

CORRECTION: Home sales in June fell to a nine-month low. An earlier version of this podcast incorrectly said home sales fell to a 10-month low.

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Japan Reaches Trade Deal with the U.S.

Wed, 23 Jul 2025 10:30:00 -0000

Plus: President Trump leverages global trade disputes to protect the interests of the U.S. technology sector. And, regulators investigate Morgan Stanley over whether it properly vetted its clients for money-laundering risks. Kate Bullivant hosts.

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Dow Edges Higher as U.S. Reaches New Trade Pacts

Tue, 22 Jul 2025 20:56:00 -0000

Shares in retailer Kohl's jumped as investors discussed whether it was the next meme stock. Coca-Cola reported mixed quarterly results. Philip Morris quarterly revenue missed forecasts. Lockheed Martin 's quarterly profit was hit by more than $1.7 billion in charges last quarter. And, General Motors saw net income shrink 35% last quarter, as tariffs weighed. Charlotte Gartenberg hosts.

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Tariffs Shrink General Motors’ Quarterly Profit

Tue, 22 Jul 2025 16:05:00 -0000

Plus: The Justice Department is looking to interview Ghislaine Maxwell, Jeffrey Epstein’s longtime associate. And Coca-Cola is giving President Trump what he wants: sweetening some of its drinks with cane sugar. Alex Ossola hosts.

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SoftBank and OpenAI’s Joint AI Venture Loses Steam

Tue, 22 Jul 2025 10:06:00 -0000

Plus: China confirms it will hold a top-level summit with the European Union in Beijing this week. And, AstraZeneca plans to invest $50 billion in the U.S. by 2030. Kate Bullivant hosts.

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Stocks Rise Broadly as Earnings Season Ramps Up

Mon, 21 Jul 2025 21:05:00 -0000

Over 100 companies in the S&P 500 are set to report earnings this week. Plus: Verizon shares advanced after the telecommunications giant raised its annual forecast. Danny Lewis hosts.

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U.S. Leading Indicators Show Economic Growth to Slow

Mon, 21 Jul 2025 16:05:00 -0000

Plus: China confirms that it’s blocking a Wells Fargo banker from leaving the country. And Subway names a former Burger King executive as its new CEO. Alex Ossola hosts.

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E.U. Prepares for a Trade Fight With Washington

Mon, 21 Jul 2025 10:11:00 -0000

Plus: Treasury Secretary Scott Bessent lays out his case to President Trump for why he shouldn’t try to push out Fed chair Jerome Powell. And, with earnings season in full swing we look at recent reporting from Stellantis and Ryanair. Kate Bullivant hosts.

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The Nasdaq Hits 11th Record High for the Year

Fri, 18 Jul 2025 21:18:00 -0000

But otherwise stocks closed mostly lower. Plus: Fed governor Christopher Waller said he would take the central bank’s top job if offered. And a surge in trading activity boosted some brokerage profits last quarter. Danny Lewis hosts.

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Trump Calls for Release of ‘Pertinent’ Epstein Grand Jury Material

Fri, 18 Jul 2025 16:18:00 -0000

Plus: Chevron completes its purchase of Hess for $53 billion. And the EU imposes the toughest sanctions on Russia since its invasion of Ukraine. Zoe Kuhlkin hosts.

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Union Pacific Railroad Exploring Deal to Buy Smaller Rival Norfolk Southern

Fri, 18 Jul 2025 10:43:00 -0000

Plus: The White House succeeds in clawing back about $9 billion in foreign aid and public media funding. And CBS says it will end ‘Late Show’ in May, concluding a decadeslong run. Azhar Sukri hosts.

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S&P Rises to New High With Earnings in Focus

Thu, 17 Jul 2025 21:12:00 -0000

Investors rode along with upbeat blue-chip earnings. Plus TSMC, the world's largest contract chip maker, delivered a record profit last quarter. Shares in EV maker Lucid rocketed on the news it will collaborate on Uber's robotaxi program. United Airlines posted better-than-expected adjusted quarterly earnings. And, Insurer Elevance Health slashed its 2025 profit projection. Charlotte Gartenberg hosts.

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Meta Directors and Shareholders Settle Privacy Suit

Thu, 17 Jul 2025 15:58:00 -0000

Plus: Fed chair candidate Kevin Warsh says the next person in the role will maintain the central bank's independence from political pressure. And U.S. retail sales rose 0.6% in June. Pierre Bienaimé hosts.

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National-Security Concerns Delay Nvidia Chip Deal With U.A.E.

Thu, 17 Jul 2025 10:52:00 -0000

Plus: Canada’s Alimentation Couche-Tard has abandoned its $47 billion bid to buy Japanese 7-Eleven operator Seven & i. And United Airlines says it’s expecting a travel rebound in the second half of 2025 as it resets its profit guidance. Azhar Sukri hosts.

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U.S. Stocks Recover After Talk of Firing Federal Reserve Chair Gave a Jolt

Wed, 16 Jul 2025 21:11:00 -0000

Banks Goldman Sachs, Bank of America and Morgan Stanley reported stronger-than-forecast profits, as tariff-related market turbulence boosted trading revenue. Plus: Shares in car companies Ford, Renault and Stellantis fall. And, Chip-equipment supplier ASML said it couldn't guarantee growth in 2026, due to worsening tariff uncertainty. Charlotte Gartenberg hosts.

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Trump Considering Firing Fed Chair Jerome Powell Soon

Wed, 16 Jul 2025 15:59:00 -0000

Plus: Goldman Sachs profit surges on higher trading revenue. And U.S. wholesale inflation holds steady in June. Pierre Bienaimé hosts.

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ASML Shares Slide as Tariff Uncertainty Prompts Growth Warning

Wed, 16 Jul 2025 10:48:00 -0000

Plus: Canadian Prime Minister Mark Carney admits for the first time that a tariff-free trade deal might not be in the cards for Ottawa. And the Trump administration is planning on making it easier for 401(k) plans to invest in private markets. Azhar Sukri hosts.

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Stock Indexes Close Mixed Amid New Trade Deal and the Search for a Fed Chair

Tue, 15 Jul 2025 21:02:00 -0000

President Trump announced a new trade deal with Indonesia, while Treasury Secretary Scott Bessent said the formal search for Fed Chair Jerome Powell’s successor has begun. Plus: Nvidia shares rose after the White House said the company will be able to sell artificial intelligence chips to China. And, MP Materials struck a $500 million deal with Apple. Danny Lewis hosts.

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U.S. Inflation Picks Up as Tariffs Start to Seep Into Prices

Tue, 15 Jul 2025 16:32:00 -0000

Plus: JPMorgan Chase reported a better-than-expected profit for the second quarter. And a top sales executive at Tesla has left the company. Pierre Bienaimé hosts.

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Nvidia Can Sell AI Chip to China Again After CEO Meets Trump

Tue, 15 Jul 2025 10:04:00 -0000

Plus: China’s economy holds up under pressure from U.S. tariffs. And Volvo Car warns of U.S. tariff impact. Azhar Sukri hosts.

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Markets Edge Higher After President's Latest Tariff Threats

Mon, 14 Jul 2025 21:20:00 -0000

President Trump threatened new tariffs on Russia, Mexico and the EU. Plus: Crypto-sensitive stocks rose, as bitcoin prices rallied to another high. Kenvue shares rose after the maker of Tylenol and Benadryl named a new interim CEO. Volvo shares fell after the company said it would take a non-cash impairment charge. And, Warner Bros. Discovery had a good opening weekend with its new “Superman” movie, sending its shares higher. Charlotte Gartenberg hosts.

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Trump Agrees to NATO Deal Sending Weapons to Ukraine

Mon, 14 Jul 2025 16:20:00 -0000

Plus: Becton Dickinson will divest its biosciences and diagnostic solutions business to Waters Corp. for around $17.5 billion. And at least nine people were killed after a fire tore through an assisted living facility in Massachusetts.

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EU, Mexico Risk 30% U.S. Tariffs as Trade Talks Continue

Mon, 14 Jul 2025 10:20:00 -0000

Plus: China’s June exports beat forecasts amid inventory stockpiling. And Elon Musk’s SpaceX agrees to invest $2 billion in his artificial intelligence company, xAI. Azhar Sukri hosts.

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President Trump’s Latest Tariff Threats Knock Stocks Off Winning Streak

Fri, 11 Jul 2025 21:17:00 -0000

The S&P 500 and Nasdaq both slipped for the week after notching new record highs on Thursday. Plus: Kraft Heinz shares rose after The Wall Street Journal reported the packaged-foods giant is planning a breakup. And Levi Strauss shares surged after the jeans maker raised its annual outlook. Danny Lewis hosts.

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Pentagon Lifts Drone Technology Restrictions, Boosting U.S. Industry

Fri, 11 Jul 2025 16:27:00 -0000

Plus: Ford Motor has recorded the most safety recalls of any automotive company in the first half of the year. And President Trump is threatening to withhold endorsements from Republican senators who oppose his $9.4 billion spending cut package. Alex Ossola hosts.

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Trump Threatens 35% Tariff on Some Canadian Goods

Fri, 11 Jul 2025 10:34:00 -0000

Plus: An initial probe into last month's Air India crash is focusing on the pilots. And the rift between Unilever and Ben & Jerry’s board, ramps up. Kate Bullivant hosts.

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Major Indexes Rose as Investors Mostly Shrug Off Tariff Threats to Brazil

Thu, 10 Jul 2025 21:07:00 -0000

Both the Nasdaq and S&P reached new record highs. Plus: Nvidia stock hit a new record high after becoming the world’s first $4 trillion company. Copper futures and mining companies rallied after President Trump said levies on the metal will go into effect in early August. And WK Kellogg shares soared after Ferrero struck a $3 billion deal for the cereal maker. Danny Lewis hosts.

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Pentagon Takes Stake in Rare-Earth Company

Thu, 10 Jul 2025 16:27:00 -0000

Plus, new U.S. jobless claims fell last week. And Delta Air Lines expressed confidence for the third quarter. Alex Ossola hosts.

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Trump Threatens Brazil With 50% Tariffs

Thu, 10 Jul 2025 10:13:00 -0000

Plus: Russia hits Ukrainian capital Kyiv with a large scale missile and drone attack. And an Italian chocolate maker is in talks to buy American cereal giant WK Kellogg. Luke Vargas hosts.

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Nasdaq Rises to New Record as President Trump Sends More Tariff Letters

Wed, 09 Jul 2025 20:44:00 -0000

Plus: Drugmaker Merck strikes a roughly $10 billion deal to buy Verona Pharma. The Justice Department’s criminal healthcare-fraud unit investigates UnitedHealth’s Medicare billing practices. And, shares in advertising conglomerate WPP tumble after it said clients were pulling back on spending. Charlotte Gartenberg hosts.

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Trump Administration Goes After Harvard’s Accreditation

Wed, 09 Jul 2025 16:07:00 -0000

Plus, Linda Yaccarino steps down as CEO of X after two years on the job. And U.S. measles cases hit a 33-year high. Alex Ossola hosts.

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Trump Losing Patience With Putin Over Ukraine

Wed, 09 Jul 2025 10:23:00 -0000

Plus: The U.S. seeks to ban China from buying American farmland. And a key architect of Apple’s supply chain will step down later this month. Luke Vargas hosts.

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Major Indexes Finish Mixed as President Holds Firm on Latest Trade Deal Deadline

Tue, 08 Jul 2025 21:02:00 -0000

U.S. copper prices soared to a new all-time high after President Trump said Washington will slap imports of the metal with a 50% tariff. Plus, solar stocks fall on news that the White House will enforce the halt to clean-electricity tax credits faster than expected. And, Amazon is expecting record sales as its Prime Day event begins. Charlotte Gartenberg hosts.

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Trump: No Extensions to Aug. 1 Reciprocal Tariff Deadline

Tue, 08 Jul 2025 16:14:00 -0000

Plus: Texas rescue teams deploy helicopters, airboats and dogs as they search for missing flood victims. Hershey names Wendy’s chief executive as its new CEO. Ariana Aspuru hosts.

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Trump Signals Restart of Ukraine Weapons Shipments

Tue, 08 Jul 2025 10:22:00 -0000

Plus: Meta announces another top AI researcher has joined its ranks from Apple. And Amazon Prime Day kicks off, as the tech giant tries to bring in more shoppers and Prime members. Luke Vargas hosts.

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Renewed Trade Tensions Drive Down U.S. Stocks

Mon, 07 Jul 2025 21:12:00 -0000

Stocks’ decline accelerates after President Trump announces 25% tariffs on goods from Japan and South Korea and threatens additional tariffs on countries building closer ties with Brics economies. Plus: Tesla shares fall after Elon Musk says he is forming a new political party. Danny Lewis hosts.

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Flash Flood Warnings Extend to This Evening in Texas

Mon, 07 Jul 2025 16:13:00 -0000

Plus: Houthis attack a ship in the Red Sea for the first time since President Trump announced a Truce. CoreWeave is set to acquire Core Scientific in a $9 billion deal.

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Trump Threatens Additional Tariffs on Countries Aligned with Brics

Mon, 07 Jul 2025 10:24:00 -0000

Plus: At least 82 have died in Central Texas following Friday’s flash floods. And Tesla shares drop as Elon Musk promises to create a new political party. Luke Vargas hosts.

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President Trump’s Megabill Passes House Vote

Thu, 03 Jul 2025 19:17:00 -0000

Plus: U.S. stocks set another round of records. And activist investor Starboard Value has built a 9% stake in Tripadvisor. Anthony Bansie hosts.

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U.S. Economy Added 147,000 Jobs in June

Thu, 03 Jul 2025 16:40:00 -0000

Plus: The Supreme Court will hear two cases about transgender girls in school sports. French air-traffic controllers began a two-day strike over working conditions. Ariana Aspuru hosts.

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Trump’s Megabill on Course for Final House Vote

Thu, 03 Jul 2025 10:32:00 -0000

Plus: Voters say President Trump is now more responsible for the economy than former President Joe Biden, according to a new poll. And the Pentagon estimates that U.S. strikes have delayed Iran’s nuclear program by up to two years. Luke Vargas hosts.

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Nike, Lululemon Shares Jump After Trump Touts Vietnam Trade Deal

Wed, 02 Jul 2025 21:09:00 -0000

Plus: Centene shares tumble after the healthcare company says its earnings will fall short of expectations. Modelo brewer Constellation Brands expects President Trump’s new tariffs to increase its costs by $20 million this fiscal year. Ariana Aspuru hosts.

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Tesla’s Second Quarter Vehicle Deliveries Plunged

Wed, 02 Jul 2025 16:13:00 -0000

Plus: President Trump strikes a trade agreement with Vietnam. And Sean ‘Diddy’ Combs was found not guilty of racketeering and sex trafficking. Anthony Bansie hosts.

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President Trump Threatens 35% Tariffs on Japan

Wed, 02 Jul 2025 10:30:00 -0000

Plus: Trump’s “big, beautiful bill” faces a contentious vote in the House. And Paramount agrees to pay $16 million to settle Trump lawsuit over ‘60 Minutes’ interview. Luke Vargas hosts.

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U.S. Stocks Mixed After Senate Passes Megabill

Tue, 01 Jul 2025 20:58:00 -0000

After squeaking through the chamber, President Trump’s tax-and-spending bill now goes back to the House. Plus: Tensions between Trump and Elon Musk flare again, sending Tesla shares skidding. And AMC Entertainment reaches an agreement with creditors to reduce debt and secure new financing. Danny Lewis hosts.

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Senate Passes President Trump’s Megabill

Tue, 01 Jul 2025 16:27:00 -0000

Plus: Fed Chair Jerome Powell cites a solid economy in keeping a wait-and-see stance on interest-rate cuts. And Boeing names a permanent CEO of its defense, space and security business. Anthony Bansie hosts.

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Senate Battle Looms Over Big Beautiful Bill

Tue, 01 Jul 2025 10:28:00 -0000

Plus: Canada withdraws digital tax in bid to salvage U.S. trade discussions. And China’s manufacturing activity declines for a third straight month. Luke Vargas hosts.

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Stock Indexes Notch New Records to Cap a Turbulent Quarter

Mon, 30 Jun 2025 20:52:00 -0000

The S&P 500 and Nasdaq both end the quarter at new highs. Plus: Robinhood Markets shares surged after it launched new cryptocurrency services. And shares of building-products distributor GMS jumped after Home Depot won a bidding war to buy the company. Danny Lewis hosts.

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Trump Administration Says Harvard Violated Students’ Civil Rights

Mon, 30 Jun 2025 15:49:00 -0000

Plus: Senate Republicans kick off a marathon session to pass the “big, beautiful” tax-and-spending bill by July 4th. And Robinhood Markets makes a big push into crypto. Alex Ossola hosts.

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Senate Battle Looms Over Big Beautiful Bill

Mon, 30 Jun 2025 10:37:00 -0000

Plus: Canada withdraws digital tax in bid to salvage U.S. trade discussions. And China’s manufacturing activity declines for a third straight month. Luke Vargas hosts.

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The S&P 500 and Nasdaq Close at Record Highs

Fri, 27 Jun 2025 21:08:00 -0000

The Commerce and Treasury secretaries say the U.S. is close to securing more trade deals. Plus: Nike stock jumps after better-than-expected earnings. Julia Carpenter hosts.

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The S&P 500 Rebounds to New All-Time Highs

Fri, 27 Jun 2025 15:53:00 -0000

Plus: American consumer sentiment was up in June. The U.S. Supreme Court has limited judges’ ability to issue nationwide injunctions against President Trump’s birthright citizenship policy. Julia Carpenter hosts.

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U.S. Finalizes Trade Deal with China

Fri, 27 Jun 2025 10:49:00 -0000

Plus: Senate Republicans push ahead with plans to vote on President Trump’s so-called “Big Beautiful Bill” before next week. And Tesla parts ways with Musk’s top aide, Omead Afshar. Kate Bullivant hosts.

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Major Indexes End the Day Up as Nasdaq and S&P Near Records

Thu, 26 Jun 2025 21:00:00 -0000

The dollar weakens after President Trump floats naming a Federal Reserve Chair successor much earlier than expected. Plus: tech and finance sectors rebound from spring’s turbulent market. Julia Carpenter hosts.

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Hegseth Calls U.S. Strikes on Iran ‘Resounding Success’

Thu, 26 Jun 2025 15:44:00 -0000

Plus: The U.S. economy contracted more in the first quarter of the year than previously estimated. A Supreme Court ruling makes it easier for states to boot Planned Parenthood clinics from Medicaid. Julia Carpenter hosts.

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Trump Considers Early Naming of Next Fed Chair

Thu, 26 Jun 2025 10:09:00 -0000

Plus: Shell denies that it is in takeover talks with UK rival BP. And Nvidia is ruffling the feathers of tech giants Microsoft, Google and Amazon as the company moves into cloud computing. Kate Bullivant hosts.

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Major Indexes Finish Mixed as the Israel-Iran Cease-Fire Holds

Wed, 25 Jun 2025 20:57:00 -0000

Tesla logs another month of steep sales declines in the European Union. Plus: FedEx stock drops after the shipping company said it expects to lose $170 million as a result of tariffs. Julia Carpenter hosts.

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Shell in Early Talks to Acquire Oil Rival BP

Wed, 25 Jun 2025 16:27:00 -0000

Plus: Defense Secretary Pete Hegseth says the FBI is probing the leak of an intelligence report about U.S. strikes on Iran’s nuclear facilities. Bumble cuts 30% of its workforce. Ariana Aspuru hosts.

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U.S. Strikes on Iran Delayed Nuclear Program by Just Months

Wed, 25 Jun 2025 10:35:00 -0000

Plus: A federal judge has ruled that Anthropic’s use of books to train its artificial-intelligence models was legal under U.S. copyright law. And FedEx shares are down after the company said tariffs are weighing on its international business. Kate Bullivant hosts.

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U.S. Stock Indexes Rise as Israel and Iran’s Cease-Fire Got Off to a Shaky Start

Tue, 24 Jun 2025 21:07:00 -0000

Federal Reserve chair Jerome Powell testified before Congress, reaffirming the central bank’s wait-and-see stance on rate cuts. Plus: Uber shares rose after it launched its robotaxi partnership with Waymo. Danny Lewis hosts.

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Angry Trump Urges Israel, Iran to ‘Calm Down’ as Cease-Fire Teeters

Tue, 24 Jun 2025 16:12:00 -0000

Plus: Federal Reserve Chair Jerome Powell reaffirms wait-and-see posture on rate cuts during Congressional hearings. U.S. consumer confidence slipped in June. And, U.S. home prices rose at the slowest annual pace in nearly two years as mortgage prices continued to stretch affordability. Charlotte Gartenberg hosts.

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Israel Confirms Cease-Fire With Iran

Tue, 24 Jun 2025 10:15:00 -0000

Plus: The Supreme Court clears the way for the Trump administration to send migrants facing final deportation orders to countries they aren’t from. And nearly two million student loan borrowers risk having their pay docked by the government this summer. Kate Bullivant hosts.

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Stock Indexes Climbed After Iran’s Limited Retaliation Against the U.S.

Mon, 23 Jun 2025 21:01:00 -0000

But U.S. crude oil futures tumbled and energy stocks posted muted declines after Iran launched missiles at a U.S. base in Qatar and at Iraq. Plus: Tesla shares rose after it debuted its robotaxi service. And stock in Hims & Hers slid after Novo Nordisk ended their partnership. Danny Lewis hosts.

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U.S. Home Sales Rise Slightly in May, But Remain Near Historic Lows

Mon, 23 Jun 2025 16:05:00 -0000

Plus: Israel continues to hammer Iran but says that it’s looking to wrap up the war with its rival soon. The U.S. warns of possible retaliation from strikes on Iran. And New York plans to build a nuclear power plant. Alex Ossola hosts.

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Iran’s Foreign Minister To Meet Putin As Tehran Weighs A Response

Mon, 23 Jun 2025 10:11:00 -0000

Plus: Trump’s ‘Big, Beautiful Bill’ gets paired back in the Senate as GOP leaders aim to get it to the president's desk by July 4th. And Tesla’s robotaxis hit the streets in Austin. Luke Vargas hosts.

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Kroger Says It’s Benefiting From Shoppers Worried About the Economy

Fri, 20 Jun 2025 21:05:00 -0000

Plus: Consulting firm Accenture said bookings fell in its latest quarter. CarMax posted better-than-expected quarterly results. Ariana Aspuru hosts.

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U.S. Plans Action Targeting Allies’ Chip Plants in China

Fri, 20 Jun 2025 15:49:00 -0000

Plus: Oil prices cools after President Trump holds off on taking action against Iran. And Krogers’ profit and sales decreased in the latest quarter, though the company slightly raised its 2025 same-store sales outlook. Zoe Kuhlkin hosts.

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European Leaders Set to Press Iran over Curtailing Nuclear Activity

Fri, 20 Jun 2025 10:46:00 -0000

Plus: President Trump extends the deadline for TikTok to be either sold or shut down in the U.S. And prices for silver surge. Kate Bullivant hosts.

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U.S. Stocks Close Mixed as Fed Holds Interest Rates Steady

Wed, 18 Jun 2025 21:03:00 -0000

President Trump criticized Fed Chair Jerome Powell and renewed calls for an interest-rate cut. Plus: Toy maker Hasbro laid off 3% of its workforce. La-Z-Boy reported mixed quarterly results. And, shares in the stablecoin issuer Circle rallied after the Senate passed the Genius Act. Charlotte Gartenberg hosts.

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Trump Says Iran Should Have Made Deal Over Nuclear Ambitions Earlier

Wed, 18 Jun 2025 16:15:00 -0000

Plus: President Trump renews calls for an interest-rate cut, before the Federal Reserve's policy-setting council makes its decision today. And the Supreme Court upholds Tennessee's ban on gender-transition treatments for minors.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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U.S. Senate Passes Legislation Regulating Stablecoins

Wed, 18 Jun 2025 10:42:00 -0000

Plus: The Trump administration is fighting back against a court order blocking its deployment of California’s National Guard. And Amazon’s Amazon CEO says that AI will lead to a smaller workforce. Kate Bullivant hosts.

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U.S. Stocks Slip as Israel-Iran Conflict Continues

Tue, 17 Jun 2025 21:09:00 -0000

President Trump called for Iran’s unconditional surrender and said he wouldn’t target the country’s leader “for now.” Plus: Verve Therapeutics shares soar after Eli Lilly agrees to acquire the gene-editing company. And shares of SunRun, Enphase Energy and First Solar sink after Senate Republicans back a phase-out of tax credits in Trump’s megabill. Danny Lewis hosts.

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Oil Tankers Collide in Gulf of Oman as Israel-Iran War Disrupts Shipping

Tue, 17 Jun 2025 16:10:00 -0000

Plus: European Union proposes an end to Russian oil and gas imports. And, U.S. retail sales fell last month. Anthony Bansie hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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President Trump Leaves G7 Summit a Day Early

Tue, 17 Jun 2025 10:36:00 -0000

Plus: Senate Republicans propose a range of revisions to the tax-and-spending bill that passed the House last month. And tensions escalate between OpenAI and Microsoft. Luke Vargas hosts.

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Japan’s Nippon Steel Is Set to Complete Purchase of U.S. Steel.

Mon, 16 Jun 2025 21:16:00 -0000

Plus: Warner Bros. Discovery bondholders approval company’s split. Victoria’s Secret is under pressure from its latest activist investor. Ariana Aspuru hosts.

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Iran Signals It Wants to De-Escalate Hostilities With Israel and Negotiate With U.S.

Mon, 16 Jun 2025 16:22:00 -0000

Plus: The Trump Organization said it will launch a mobile-phone service later this summer. And Vice Media hires a former NBCUniversal executive as its new CEO. Charlotte Gartenberg hosts.

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Suspect Arrested Over Minnesota Lawmaker Killing

Mon, 16 Jun 2025 10:37:00 -0000

Plus: Israel’s military says that further airstrikes on Iran hit command centers of the country’s Revolutionary Guard, as fighting between the two countries continues. And Chinese consumers ramp up spending as factories take a hit from Trump’s trade war.

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Stocks Tumble Amid Escalating Conflict in the Middle East

Fri, 13 Jun 2025 20:59:00 -0000

Plus: Energy companies rally while shares of airline companies fall. Auto stocks also drop after President Trump says he might raise tariffs on car imports. Ariana Aspuru hosts.

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Trump Warns Iran of More Attacks Without Nuclear Deal

Fri, 13 Jun 2025 16:33:00 -0000

Plus: Wall Street’s “fear gauge,” the VIX, leaps after Israel’s attack on Iran’s nuclear program and military leadership. And the world’s largest meatpacker makes Its NYSE debut. Zoe Kuhlkin hosts.

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Israel Strikes Iran’s Nuclear Sites

Fri, 13 Jun 2025 10:35:00 -0000

Plus: Oil prices surge and stocks fall as investors look for safety amid fears of a regional conflict in the Middle East. And a judge orders President Trump to return the California National Guard to Governor Gavin Newsom.

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Chime Financial Stock Soars in Nasdaq Debut

Thu, 12 Jun 2025 21:16:00 -0000

Plus: Oracle posts strong quarterly results boosted by its AI investments. Biotech company BioNTech acquires CureVac. Adobe raises its full-year outlook after posting higher-than-expected earnings. Ariana Aspuru hosts.

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Hundreds Feared Dead in Air India Boeing Crash

Thu, 12 Jun 2025 16:31:00 -0000

Plus: U.S. wholesale prices rose in May, but a notch below economists' expectations. And aerospace startup JetZero says it will start building its futuristic planes in North Carolina. Alex Ossola hosts.

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Air India Flight Crashes Shortly After Taking Off

Thu, 12 Jun 2025 10:36:00 -0000

Plus: Iran says it will accelerate its nuclear work after U.N. Atomic Agency censure. And signs the IPO market is recovering. Luke Vargas hosts.

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Stock Indexes Slip After Muted Inflation Report

Wed, 11 Jun 2025 21:16:00 -0000

President Trump responded by repeating calls for the Federal Reserve to cut interest rates by a full percentage point. Plus: shares of nuclear-technology company Oklo surged after it was selected to power an Alaskan Air Force base. And stock in General Motors rose after it announced a $4 billion plan to produce more vehicles in the U.S. Danny Lewis hosts.

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U.S. Year-Over-Year Inflation Rose 2.4% in May

Wed, 11 Jun 2025 15:45:00 -0000

Plus: President Trump says a U.S. trade deal with China is done, subject to final approval from him and Chinese leader Xi Jinping. And Texas Gov. Greg Abbott says he will deploy the National Guard across parts of the state as anti-ICE protests spread across the country. Pierre Bienaimé hosts.

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Google Looks to Reduce Staff Costs as it Ramps Up AI Spending

Wed, 11 Jun 2025 10:28:00 -0000

Plus: Negotiators wrap up two days of trade talks in London. And California Governor Gavin Newsom accuses President Trump of “theatrics over public safety” as protests over immigration enforcement intensify. Azhar Sukri hosts.

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Optimism for U.S.-China Trade Talks Pushes Stocks Higher

Tue, 10 Jun 2025 21:22:00 -0000

Commerce Secretary Howard Lutnick says he hopes negotiations will wrap up tonight. Plus: Tesla stock continues its rebound following last week’s rout. And shares of J.M. Smucker drop after the Hostess owner posts lower sales. Danny Lewis hosts.

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World Bank Sees U.S. Growth Rate Halving in 2025

Tue, 10 Jun 2025 15:44:00 -0000

Plus: A survey shows America’s small businesses are feeling better about their prospects. And U.S. government agencies tracked foreign nationals coming and going to Elon Musk’s properties in 2022 and 2023. Pierre Bienaimé hosts.

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ICE Protests in L.A. Spread to San Francisco

Tue, 10 Jun 2025 10:35:00 -0000

Plus: Health Secretary Robert F. Kennedy Jr. has removed all members of a key committee that recommends vaccines. And Asian markets showed mixed signals today as high-stakes China-U.S. trade talks enter a second day in London. Luke Vargas hosts.

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Major Indexes Edge Higher Amid Renewed U.S.-China Trade Talks

Mon, 09 Jun 2025 20:50:00 -0000

Negotiators from the two countries are expected to discuss export controls for rare-earth minerals and jet engines, among other items. Plus: Warner Bros. Discovery shares fell after it announced plans to split the company in two. And Apple stock slid as its artificial intelligence announcements disappointed some investors. Danny Lewis hosts.

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Los Angeles Gears Up for Another Day of Protests

Mon, 09 Jun 2025 16:55:00 -0000

Plus, Warner Bros. Discovery says it will split its cable and streaming businesses. And Canada says it will boost its military spending. Alex Ossola hosts.

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U.S.-China Trade Talks to Focus on Rare-Earth Minerals

Mon, 09 Jun 2025 10:18:00 -0000

Plus: President Trump deploys the National Guard to Los Angeles as clashes between protesters and law enforcement continue. And Apple prepares to kick off its annual developers conference. Luke Vargas hosts.

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U.S. Stocks Rise After Better-Than-Expected Jobs Report

Fri, 06 Jun 2025 21:13:00 -0000

The three major indexes are once again all up for the year, for the first time since late February. Plus: Tesla shares take back some ground after Thursday’s selloff. And Lululemon shares dropped after it cut its outlook and said it would raise prices due to tariffs. Danny Lewis hosts.

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Why Musk Picked This Fight With Trump

Fri, 06 Jun 2025 20:47:00 -0000

P.M. Edition for June 6. As the dust settles from the blowup between President Trump and billionaire Elon Musk, Republicans choose sides even as some are asking why one of the most consequential alliances in modern American politics had to end this way. We hear from congressional reporter Olivia Beavers and columnist and host of the Bold Names podcast Tim Higgins on how we got here and what it means. Plus, job growth slowed in May, though less than economics expected. WSJ economics reporter Justin Lahart breaks down the numbers. And the Trump administration brings back Kilmar Abrego Garcia, the man wrongfully deported to El Salvador, to face criminal charges in the U.S. Alex Ossola hosts.

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U.S. Hiring Slowed in May Amid Tariff Uncertainty

Fri, 06 Jun 2025 16:05:00 -0000

Plus: European industrial production contracted in April. And Switzerland proposes tough capital rules on UBS. Zoe Kuhlkin hosts.

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GOP Senators Push Back on NASA Budget Cuts

Fri, 06 Jun 2025 10:23:00 -0000

Plus: President Trump’s second attempt to bar international students from Harvard is blocked by a federal judge. And India and China’s central banks take their own paths to tackle increased uncertainty around U.S. tariffs. Kate Bullivant hosts.

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U.S. Stocks Fall After President Trump and Elon Musk Trade Insults

Thu, 05 Jun 2025 20:59:00 -0000

The public collapse of their relationship drove down Tesla stock, and dragged on major indexes. Plus: shares of crypto firm Circle surged during its first trading day. And the parent company of Calvin Klein and Tommy Hilfiger sank after it announced a possible $65 million hit from tariffs. Danny Lewis hosts.

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Trump And Xi Discuss Trade

Thu, 05 Jun 2025 16:33:00 -0000

Plus: The U.S. deficit collapsed in April. The European Central Bank reduces its key interest rate. Circle makes its stock market debut. And Procter & Gamble plans to cut 7,000 jobs. Alex Ossola hosts.

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Trump Signs Travel Ban Against Twelve Countries Travelling to the U.S.

Thu, 05 Jun 2025 10:20:00 -0000

Plus: The maker of Kleenex nears a roughly $3.5 billion sale of its international tissue business. And gaming fans around the world are lining up to get their hands on Nintendo’s first new console in eight years. Kate Bullivant hosts.

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Stocks End the Day Mixed After Trump Renews Call for Interest Rates Cuts

Wed, 04 Jun 2025 21:00:00 -0000

Plus: Warner Bros. Discovery shareholders reject a multi- million dollar package for chief executive David Zaslov and his leadership team. And Reddit sues Anthropic saying the AI company used its data without a licensing agreement. Anthony Bansie hosts.

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U.S. Services Sector Activity Unexpectedly Sank in May

Wed, 04 Jun 2025 16:30:00 -0000

Plus: U.S. private-sector hiring is at its slowest pace in more than two years. And Iran’s supreme leader Ayatollah Ali Khamenei rejects a U.S. nuclear deal offer. Anthony Bansie hosts.

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Trump Doubles Down on Steel and Aluminum Tariffs

Wed, 04 Jun 2025 10:23:00 -0000

Plus: Automakers fear China’s rare-earth magnet export controls may halt car production within weeks. And federal regulators have moved to lift an asset cap placed on Wells Fargo back in 2018. Kate Bullivant hosts.

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Tech Stocks Lead U.S. Indexes Higher

Tue, 03 Jun 2025 21:00:00 -0000

Nasdaq turns positive for the year for the first time since February. Plus: Nvidia overtakes Microsoft to become the largest U.S.company by market cap. And shares of Dollar General surge after the discount retailer raises its outlook. Danny Lewis hosts.

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Constellation Energy Agrees 20-Year Deal with Meta Platforms

Tue, 03 Jun 2025 17:20:00 -0000

Plus: Dollar General raised its full year sales outlook. And Israeli troops shot at Palestinians in southern Gaza on their way to an aid distribution site. Anthony Bansie hosts.

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OECD Warns U.S., World Growth to Slow Amid Trade Turmoil

Tue, 03 Jun 2025 10:12:00 -0000

Plus: Lawyers from Meta challenge the European Commission’s crackdown on the company’s social-networking business. And chip giant TSMC forecasts limited impact from tariffs, remaining on track for record earnings. Kate Bullivant hosts.

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U.S. Stocks Shrug Off Renewed Trade Tensions With China

Mon, 02 Jun 2025 20:49:00 -0000

Beijing denied President Trump’s accusations that it broke last month’s trade truce. Plus: Trump’s move to double steel and aluminum tariffs boosted stocks in those industries, but hit automakers. And Meta Platforms shares rose after WSJ exclusively reported it plans to fully automate advertising creation with artificial intelligence. Danny Lewis hosts.

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Homeland Security: Suspect in Colorado Attack in U.S. With Expired Visa

Mon, 02 Jun 2025 16:35:00 -0000

Plus: U.S. factory activity hits lowest level since November. Campbell’s snack business is struggling, as consumers get pickier about food spending. Ariana Aspuru hosts.

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Meta Plans to Offer Full AI Ad Automation This Year

Mon, 02 Jun 2025 10:27:00 -0000

Plus: The Trump Administration is expanding its review of federal contractors to include 10 tech firms. And Asian steel stocks fall as President Trump threatens to double tariffs on steel and aluminum imports to 50%. Luke Vargas hosts.

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S&P 500, Nasdaq Log Best Month Since 2023

Fri, 30 May 2025 21:05:00 -0000

Plus: Costco and Gap see different impacts of tariffs on their businesses. Shares of Ulta Beauty rally after the cosmetics retailer raises its annual outlook. And an experimental lung-disease treatment by Sanofi and Regeneron delivers mixed results. Victoria Craig hosts.

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Supreme Court Allows Trump to End Temporary Protections for Some Migrants

Fri, 30 May 2025 16:26:00 -0000

Plus: Stock indexes slip amid Trump’s accusation that China is violating its deal with the U.S. And American households remain gloomy on the economy in May. Zoe Kuhlkin hosts.

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Chinese Tech Stocks Fall as U.S.-China Trade Talks Loose Steam

Fri, 30 May 2025 10:25:00 -0000

Plus: Hamas is poised to reject a U.S.-drafted proposal for a temporary Gaza ceasefire. And Google and the Justice Department prepare closing arguments in a case that could have a massive impact on the tech giant’s search engine. Luke Vargas hosts.

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Tariff Ruling Leaves Levies in Place While Trump Administration Appeals

Thu, 29 May 2025 20:53:00 -0000

An appeals court temporarily paused a decision that had invalidated the president’s sweeping levies. Plus: E.l.f. Beauty shares soar after the cosmetics company said it would buy Hailey Bieber's skincare line. And Best Buy said it has raised prices to offset some related costs. Pierre Bienaimé hosts.

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U.S. Markets Rise After Court Blocks Many of Trump’s Tariffs

Thu, 29 May 2025 16:08:00 -0000

Plus: The Trump administration is asking the court to pause ruling pending an appeal. And the U.S. plans to revoke visas for Chinese students. Alex Ossola hosts.

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Federal Trade Court Rules Trump Doesn’t Have Sweeping Tariff Authority

Thu, 29 May 2025 10:22:00 -0000

Plus: Elon Musk tried to block an OpenAI data-center project in the Middle East unless his xAI company was added. And tariff uncertainty hurts HP sales, as the company tries to shift production out of China. Luke Vargas hosts.

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Nvidia’s Business Booms Despite Chip Export Challenge

Wed, 28 May 2025 21:08:00 -0000

Plus: The big three U.S. stock indexes tick lower after yesterday’s surge. And shares in Rocket Lab rise after rival SpaceX lost control of a test flight yesterday. Pierre Bienaimé hosts.

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Macy’s Is Raising Prices to Tackle Tariffs

Wed, 28 May 2025 16:27:00 -0000

Plus: Stellantis names company-veteran Antonio Filosa as its next CEO. And Germany says it will step up financial and military aid to Ukraine. Pierre Bienaimé hosts.

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Trump Administration Pauses New Interviews for Student Visas

Wed, 28 May 2025 10:22:00 -0000

Plus: The Supreme Court clears a major hurdle for a giant copper project being developed in Arizona. And SpaceX loses control of its Starship vehicle in another bumpy test flight for Elon Musk’s company. Luke Vargas hosts.

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Stocks Rise After Trump Agrees to Delay EU Tariffs

Tue, 27 May 2025 21:03:00 -0000

Plus: Tesla stock rises after CEO Elon Musk says he’s back spending 24/7 at work. Temu’s Chinese owner PDD’s profit slides. Trump Media plans to raise $2.5 billion from investors to buy bitcoin. Ariana Aspuru hosts.

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Trump Administration Seeks to End Harvard’s Federal Contracts

Tue, 27 May 2025 16:00:00 -0000

Plus: U.S. consumer confidence has improved in May, for the first time since November. Salesforce strikes an $8 billion deal to buy Informatica. Ariana Aspuru hosts.

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EU Agrees to Fast-Track Trade Talks as Trump Delays Tariffs

Tue, 27 May 2025 09:47:00 -0000

Plus: President Trump considers sanctions on Moscow as Russia intensifies its attacks on Ukraine. And China’s industrial companies report higher profits despite trade uncertainty. Azhar Sukri hosts.

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Stocks Drop After Trump Threatens 50% Tariff on European Union

Fri, 23 May 2025 21:18:00 -0000

Plus: Booz Allen Hamilton stock dips as President Trump cracks down on federal spending. Retailers Ross Stores and Decker’s Outdoor cite uncertainties due to tariffs. Software maker Intuit reports better-than-forecast quarterly results. Ariana Aspuru hosts.

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U.S. Stocks Fall After Trump Threatens EU and Apple With Tariffs

Fri, 23 May 2025 15:58:00 -0000

Plus: Harvard sues the Trump administration over its move to block international student enrollment. Ukraine and Russia begin the biggest prisoner swap of the war. Pierre Bienaimé hosts.

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Supreme Court Grants Trump Power to Fire Agency Officials

Fri, 23 May 2025 10:22:00 -0000

Plus: Major U.S. banks explore whether to team up to issue a joint stablecoin. And Chinese automaker BYD outsells Tesla in Europe for the first time ever. Kate Bullivant hosts.

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Bitcoin Extends Its Rally, Trading Close to $112,000

Thu, 22 May 2025 21:15:00 -0000

Plus: MNTN and Hinge Health rise post-IPO. Advance Auto Parts shares soar on better-than-expected quarterly results. Fannie Mae and Freddie Mac shares jump after President Trump teases taking the mortgage giants public. Ariana Aspuru hosts.

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House Passes Trump’s 'Big, Beautiful' Tax and Spending Bill

Thu, 22 May 2025 16:18:00 -0000

Plus, U.S. home sales fell in April, hitting the slowest sales pace for that month since 2009. And the Supreme Court blocks state funding for religious charter schools. Alex Ossola hosts.

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Two Israeli Embassy Staffers Killed in Washington

Thu, 22 May 2025 10:17:00 -0000

Plus: House Republicans make last minute changes to their sprawling tax-and-spending bill. And Bitcoin has rallied to a new record high. Kate Bullivant hosts.

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Bitcoin Hits New Intraday Record, Passing Inauguration Day High

Wed, 21 May 2025 21:18:00 -0000

Plus: Lowe’s shares drop as the company maintains its outlook and discloses lower sales. Google shares rebound from yesterday’s dip fueled by concerns about AI. T.J. Maxx’s earnings outlook misses expectations due to tariff-affected merchandise. Ariana Aspuru hosts.

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Target Sales Hit by DEI Boycott

Wed, 21 May 2025 16:16:00 -0000

Plus: Nvidia CEO Huang says U.S. export controls on advanced chips to China have failed. And Crusoe’s Texas data center for OpenAI secures $11.6 billion in funding to expand from two to eight buildings. Alex Ossola hosts.

Boycotting Target: A WSJ Podcast Series

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Republicans Near Agreement on State and Local Tax Deduction

Wed, 21 May 2025 10:15:00 -0000

Plus: Ford is to let rival Nissan use part of its flagship U.S. battery plant, as electric vehicle demand slows. And a new report by the International Energy Agency finds China continues to dominate the global supply of critical minerals. Kate Bullivant hosts.

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U.S. Stocks Fall as Big Tech Companies Weigh on Major Indexes

Tue, 20 May 2025 20:51:00 -0000

Four out of the Magnificent Seven tech stocks fell today. Plus: Home Depot shares tick down despite quarterly sales rising more than expected. And shares of Arc’teryx and Salomon parent Amer Sports surge after strong quarterly results and raised guidance. Danny Lewis hosts.

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President Trump Warns Republican Dissenters to Unite Behind His Budget

Tue, 20 May 2025 15:42:00 -0000

Plus: Elon Musk says he plans to cut political spending. And Home Depot says it’s holding the line on prices despite tariffs. Charlotte Gartenberg hosts.

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Divided GOP Look to Vote on Tax Bill Midweek

Tue, 20 May 2025 09:49:00 -0000

Plus: Construction on a big wind project off New York’s coast is back on, after an abrupt about-face by the Trump administration. And Biotech firm Regeneron has agreed to buy 23andMe out of bankruptcy for $256 million dollars. Kate Bullivant hosts.

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U.S. Stocks Rise Slightly, Despite the Country’s Credit Downgrade

Mon, 19 May 2025 21:28:00 -0000

The major indexes ticked up for the first trading day since Moody’s Ratings downgraded the U.S.’s credit rating on Friday. Investors are also getting nervous about President Trump’s tax bill as it advances through congress. Plus: UnitedHealth Group notched its second day of gains in a row. Danny Lewis hosts.

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U.S. Stocks Slip, Dollar Weakens After Moody’s Downgrade

Mon, 19 May 2025 16:03:00 -0000

Plus: Commerce Secretary Howard Lutnick is handing ownership of Cantor Fitzgerald, the Wall Street firm he ran for over three decades, to his children. And Regeneron Pharmaceuticals is buying 23andMe out of bankruptcy, raising privacy concerns. Charlotte Gartenberg hosts.

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Biden is Diagnosed with Cancer Months After Leaving Office

Mon, 19 May 2025 10:27:00 -0000

Plus: Nvidia is working with Foxconn to build an AI supercomputer in Taiwan. And NJ Transit says rail operations will resume tomorrow, after reaching a tentative agreement with union leaders. Kate Bullivant hosts.

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U.S. Stocks End the Week Up, Despite Consumer Anxiety on Trade

Fri, 16 May 2025 20:59:00 -0000

President Trump said the U.S. will unilaterally set tariffs for many countries, as a new survey showed high levels of consumer anxiety over trade. Plus, Charter Communications agreed to buy rival Cox Communications in a multibillion-dollar deal. And Novo Nordisk shares fell after the Ozempic maker said its CEO will step down. Danny Lewis hosts.

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U.S. Consumer Sentiment Falls in May to Second Lowest Ever

Fri, 16 May 2025 16:08:00 -0000

Plus: Charter Communications will merge with Cox Communications in a $21.9 billion deal. And the ICC chief prosecutor takes leave until investigations into sexual assault allegations against him are complete. Zoe Kuhlkin hosts.

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Transit Strike Could Snarl New York-Area Travel

Fri, 16 May 2025 10:31:00 -0000

Plus: The new head of FEMA admits to staff he doesn’t have a fully formed disaster-response plan ahead of the hurricane season. And Bayer could put its U.S. subsidiary into bankruptcy if its Roundup lawsuit settlement plan fails. Luke Vargas hosts.

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Oil Prices Sink After Trump Touts Iran Talks

Thu, 15 May 2025 21:15:00 -0000

Plus: Apple shares edge down after President Trump scolds CEO Tim Cook. UnitedHealth Group shares fall on WSJ report of Medicare fraud investigation. Foot Locker’s stock soars on deal with Dick’s Sporting Goods. Ariana Aspuru hosts.

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Walmart Becomes the Biggest Retailer to Raise Prices Due to Tariffs

Thu, 15 May 2025 16:16:00 -0000

Plus: Coinbase says cybercriminals stole customer data and sought ransom. And Federal Reserve chair Jerome Powell says the Fed is adjusting its policy framework due to changes in inflation and interest rates since 2020. Ariana Aspuru hosts.

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Trade Talks Speed Up Between the U.S. and E.U.

Thu, 15 May 2025 10:25:00 -0000

Plus: The Justice Department is investigating UnitedHealth Group for possible Medicare fraud. And Dick’s Sporting Goods nears a deal to buy Foot Locker for roughly $2.3 billion. Kate Bullivant hosts.

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The Nasdaq and S&P Close Higher

Wed, 14 May 2025 21:18:00 -0000

Shares of Nvidia rose for the third straight day. Plus: UnitedHealth stock dips further after chief executive steps down. Ariana Aspuru hosts.

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OPEC Trims Outlook for Global Economic Growth

Wed, 14 May 2025 16:03:00 -0000

Plus: Germany foils an alleged Russian act of sabotage. And Novo Nordisk strikes a $2.2 billion deal to develop obesity pills with U.S. biotech Septerna.

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Trump Meets New Syrian Leader, Upending Geopolitics

Wed, 14 May 2025 10:33:00 -0000

Plus: the U.S. scraps Biden-era curbs on chip exports. And Microsoft slashes thousands of workers. Kate Bullivant hosts.

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S&P Turns Positive for the Year on Muted Inflation Data

Tue, 13 May 2025 20:54:00 -0000

U.S. stocks end mostly higher after the consumer-price index shows prices rose 2.3% in the 12 months through April. Plus: Coinbase shares surge on news the crypto exchange will join the S&P 500. And shares of Boeing rise after China lifts a ban on new deliveries of the company’s planes. Pierre Bienaimé hosts.

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U.S. April Inflation Up Slightly in Early Hints of Tariff Effects

Tue, 13 May 2025 16:24:00 -0000

Plus: UnitedHealth Group’s CEO steps down, sending shares lower. And ESPN gives details on its streaming service out this fall. Pierre Bienaimé hosts.

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Trump Kicks Off Visit to the Middle East

Tue, 13 May 2025 10:01:00 -0000

Plus: Japanese tech investment giant SoftBank reports its first profit in four years, while Honda Motor warns of the tariff impact. And Amazon is renewing a partnership with FedEx. Kate Bullivant hosts.

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The Nasdaq Enters a New Bull Market After U.S.-China Trade Deal

Mon, 12 May 2025 20:59:00 -0000

U.S. markets rallied after the world’s two largest economies agreed to slash punishingly high tariffs on each other’s goods and reset the tone on trade relations. Plus: big tech stocks, retail, and consumer goods stocks surged after the announcement. Danny Lewis hosts.

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Markets Rally After U.S. and China Agreement for Large Tariff Cuts

Mon, 12 May 2025 16:37:00 -0000

Plus: President Trump signs an executive order intended to lower drug prices. And Fox said it plans to launch a streaming service. Alex Ossola hosts.

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U.S. and China Agree to Significantly Cut Tariffs

Mon, 12 May 2025 10:31:00 -0000

Plus: Ukrainian president Volodymyr Zelensky says he wants to meet his Russian counterpart Vladimir Putin face-to-face later this week in Turkey. And pharma stocks fall after President Trump said he would sign an executive order aimed at lowering the cost of prescription drugs. Luke Vargas hosts.

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U.S. Stocks End Mixed Ahead of China Trade Talks

Fri, 09 May 2025 20:56:00 -0000

President Trump floated lowering tariffs on Chinese imports to 80%. Major indexes were down for the week despite Thursday’s rally. Plus: Expedia shares dropped after reporting weakening travel demand to and from the U.S. Danny Lewis hosts.

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Trump Floats 80% Tariffs Ahead of Trade Talks With China

Fri, 09 May 2025 16:06:00 -0000

Beijing, on the other hand, pledged to step up enforcement of export controls on strategic mineral resources. Plus: the U.K. announces its “largest ever sanction package” on key players in the Russian oil trade. AMC profits shrink despite streaming revenue growth. And Panasonic will cut 10,000 jobs globally. Charlotte Gartenberg hosts.

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Chinese Exports to the U.S. Plunge as Trump Tariffs Bite

Fri, 09 May 2025 10:01:00 -0000

Plus: Tech leaders tell lawmakers that the U.S. risks falling behind China if Washington does not streamline AI policy. And President Trump considers bringing the so-called “millionaire tax” back to life. Kate Bullivant hosts.

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U.S. Stocks Close Higher After Trump Announces U.K. Trade Agreement

Thu, 08 May 2025 20:58:00 -0000

The deal lays out a framework for some tariffs to be lowered or exempted. Plus: Carvana shares rise after CEO says used-car businesses won’t be as affected by import taxes. And Cardinal Robert Francis Prevost becomes the first American-born Pope. Danny Lewis hosts.

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European Union Readies Possible Tariffs on U.S. Goods

Thu, 08 May 2025 16:07:00 -0000

Threat of levies on $107 billion of goods is in case negotiations fail. Plus: U.S. jobless claims fell last week, indicating labor market resilience. Molson Coors reported a drop in first-quarter net income. And Johnson & Johnson spinoff Kenvue saw Q1 earnings growth ahead of expectations. Charlotte Gartenberg hosts.

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Trump to Announce U.K. Trade-Deal Framework

Thu, 08 May 2025 10:14:00 -0000

Plus: The Trump administration is planning to overhaul regulations that limit AI chip sales to some countries. And Maersk backs its guidance despite cautioning on container demand. Kate Bullivant hosts.

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Stocks Rise After Federal Reserve Holds Rates Steady

Wed, 07 May 2025 20:50:00 -0000

Fed Chair Jerome Powell says risks to economic growth from President Trump’s tariffs haven’t appeared yet, but his concerns have some investors worried about stagflation. Plus: Disney shares jump after announcing plans for a new theme park in Abu Dhabi. Danny Lewis hosts.

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Disney Announces New Theme Park in Abu Dhabi

Wed, 07 May 2025 16:03:00 -0000

The House of Mouse also reported a March quarter rise in revenue. Plus: Uber swings to profit from bookings growth but misses Wall Street estimates. Pakistan vows to respond to India’s airstrikes. And the papal conclave to elect a new pope begins. Charlotte Gartenberg hosts.

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U.S., China Officials Agree to Meet for Trade Talks

Wed, 07 May 2025 10:19:00 -0000

Plus: NovoNordisk downgrades its guidance amid competition from copycat versions of its weight-loss and diabetes drugs. And U.S. electric vehicle sales drop despite growth in the broader car market. Kate Bullivant hosts.

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U.S. Stocks Decline as Market Jitters Over Trade Return

Tue, 06 May 2025 20:53:00 -0000

Investor nervousness over U.S. tariffs and a lack of announced trade deals push major stock indices lower. Plus: Shares of Clorox fall after the company revises its guidance to include the impact of tariffs. And Palantir shares drop, with some analysts questioning the rapid growth of the company’s market cap. Danny Lewis hosts.

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U.S. Trade Deficit Hits Record as Businesses Stockpile Pharmaceuticals

Tue, 06 May 2025 16:19:00 -0000

Plus: Germany’s Friedrich Merz wins chancellorship on second vote, starting his term in a weakened position. DoorDash reports a first-quarter profit, and plans to acquire Deliveroo and SevenRooms. And the EU lays out plans to cut Russian energy imports by 2027. Charlotte Gartenberg hosts.

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Hegseth Used Multiple Signal Chats for Pentagon Business

Tue, 06 May 2025 10:36:00 -0000

Plus: The battle between elite universities and the government ramps us as the Trump Administration informs Harvard University that it will not provide the school with any federal grants. And German conservative leader Friedrich Merz’s bid to become the country’s next chancellor fails in the first vote in parliament. Luke Vargas hosts.

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Dow and S&P Snap Nine-Day Winning Streaks

Mon, 05 May 2025 21:13:00 -0000

Shares of movie producers fell after President Trump said he authorized a 100% tariff on movies made outside the U.S. Plus: Berkshire Hathaway stock declined on the first trading day after Warren Buffett announced his plans to retire. And Skechers shares soared after agreeing to a $9.4 billion take-private deal. Danny Lewis hosts.

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Israel Approves Plan to Occupy Gaza Strip

Mon, 05 May 2025 15:59:00 -0000

Plus: Beijing’s decade-old “Made in China” plan has narrowed the country’s tech gap with the West, according to a U.S. study. Gas company Sunoco is set to acquire Canada’s Parkland, which would create the biggest independent fuel distributor in the Americas. And Skechers is going private. Charlotte Gartenberg hosts.

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Trump Downplays Economic Concerns

Mon, 05 May 2025 10:33:00 -0000

Plus: Trump calls for a 100% tariff on movies made overseas. And oil tumbles after OPEC+ agrees on another large supply hike. Luke Vargas hosts.

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U.S. Stocks Extended Their Multiday Climb

Fri, 02 May 2025 20:53:00 -0000

Signs of thawing trade relations between the Trump administration and China helped boost stocks. But the trade war continues to cause nervousness. Apple shares fell after it said it expects to add $900 million in tariff costs next quarter. And Block shares drop as consumers cut back on non-essential spending. Danny Lewis hosts.

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U.S. Economy Adds 177,000 Jobs in April Despite Tariff Uncertainty

Fri, 02 May 2025 15:50:00 -0000

Plus: President Trump threatens to revoke Harvard University’s tax exemption. And Goldman Sachs changes some of the language around its diversity programs, removing references to race. Pierre Bienaimé hosts.

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Trump to Propose Slashing Billions in Federal Spending

Fri, 02 May 2025 10:25:00 -0000

Plus: Europe looks to resolve its trade dispute with the U.S. by buying $56 billion worth of U.S. goods. And China considers starting talks with the U.S. to halt the trade war, but only if Washington cancels tariffs against Beijing. Luke Vargas hosts.

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Amazon Posts Strong Quarterly Earnings

Thu, 01 May 2025 21:16:00 -0000

Nasdaq leads indexes higher. Plus: Apple sales surge on iPhone demand ahead of tariff uncertainty. And Microsoft, Meta, and other tech stocks rise. Zoe Kuhlkin hosts.

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President Trump to Oust National Security Adviser Mike Waltz

Thu, 01 May 2025 16:14:00 -0000

Plus: Kohl’s fires its CEO for violating the company’s code of conduct. General Motors says tariffs will wipe out up to a quarter of its net profit for the year. And McDonald’s sees U.S. decline in a shaky economy. Pierre Bienaimé hosts.

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Tesla Board Began Search for a CEO to Succeed Elon Musk

Thu, 01 May 2025 10:31:00 -0000

Plus: A Judge finds Apple violated a 2021 antitrust ruling. And the U.S. reaches a deal with Ukraine to give Washington access to the country’s mineral wealth. Luke Vargas hosts.

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Dow, S&P Close Higher As GDP Data Shows Economy Contracting

Wed, 30 Apr 2025 21:12:00 -0000

Snap shares fell after the company said some advertisers have curbed their ad spending due to the Trump administration's plans to close a loophole that previously waived tariffs for lower-priced goods. Plus: Meta Platforms’ stock got an after hours bump after it announced strong sales numbers for the first quarter. Charlotte Gartenberg hosts.

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U.S. Economy Contracts in First Quarter Amid Economic Uncertainty

Wed, 30 Apr 2025 16:29:00 -0000

Plus: U.S. stocks drop after the release of the GDP data. Hiring in the U.S. private sector slowed in April. And the eurozone economy grew at a faster pace than the U.S. for the first time in almost three years. Zoe Kuhlkin hosts.

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Trade War Starts to Hurt China’s Economy

Wed, 30 Apr 2025 10:18:00 -0000

Plus: Starbucks turns to new technology to help it make coffee orders faster. And Samsung reports strong smartphone sales in its latest earnings update. Luke Vargas hosts.

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U.S. Stocks Rise as Commerce Secretary Hints at Trade Progress

Tue, 29 Apr 2025 21:07:00 -0000

Plus: S&P 500 ends the first 100 days of Trump’s term with its biggest loss for such a period since 1973. And shares of Ford are up after President Trump says his latest tariff deal will provide automakers some relief. Alex Ossola hosts.

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In Vivid Video, China Vows to ‘Never Kneel Down’ to the U.S.

Tue, 29 Apr 2025 16:05:00 -0000

Plus, UPS says it will cut 20,000 jobs this year as it reduces the number of packages it ships for Amazon. And General Motors pulls its earlier profit guidance for this year after tariffs have clouded its outlook. Alex Ossola hosts.

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Mark Carney Wins Canada Election

Tue, 29 Apr 2025 10:00:00 -0000

Plus: President Trump prepares to soften the impact of auto tariffs. And Wall Street Banks dig themselves out of the $13B debt they lent Elon Musk for his takeover of Twitter. Luke Vargas hosts.

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U.S. Stocks End Mixed as Investors Await Clues on the State of the Labor Market and Economic Growth

Mon, 28 Apr 2025 20:58:00 -0000

Among those insights: the monthly jobs report and more corporate earnings, including from four of the Magnificent Seven tech stocks. Plus: Nvidia shares fall after a WSJ exclusive report on rival Huawei gearing up to test its AI chips. Danny Lewis hosts.

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President Trump to Require Nationwide List of Sanctuary Cities and States

Mon, 28 Apr 2025 15:59:00 -0000

Plus: Spain and Portugal are hit with a widespread power outage. Russian President Vladimir Putin announces a three-day ceasefire in Ukraine next month. And Domino’s Pizza reports higher profit and revenue in the first quarter. Alex Ossola hosts.

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Huawei Develops New AI Chip in Bid to Match Nvidia

Mon, 28 Apr 2025 10:37:00 -0000

Plus, DoorDash offers more than $3.5 billion to takeover Deliveroo. And Americas’ elite universities form a collective to push back on President Trump. Luke Vargas hosts.

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Stocks Notch Fourth-Straight Day of Gains to End Week

Fri, 25 Apr 2025 21:02:00 -0000

Plus, Alphabet shares climbed after the Google parent company posted strong earnings. And Intel shares dropped after the chipmaker posted a loss and said President Trump’s tariffs would hurt its business. Danny Lewis hosts.

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Federal Agents Arrest Judge Accused of Obstructing Immigration Enforcement

Fri, 25 Apr 2025 16:15:00 -0000

Plus: U.S. consumers continue to sour on the economy. And China aims to increase policy support amid trade uncertainty. Zoe Kuhlkin hosts.

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Trump Targets Democrats’ Main Funding Platform

Fri, 25 Apr 2025 10:55:00 -0000

Plus, President Trump gives the green light on deep-sea mining. And Google and Meta prepare for a tariff-induced advertising slowdown. Luke Vargas hosts.

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‘Relief Rally’ Extends for Third Day

Thu, 24 Apr 2025 21:06:00 -0000

Plus: Google posted higher profit and revenue in the first quarter. And Chinese officials say Beijing hasn't engaged in trade talks with the Trump administration. Anthony Bansie hosts.

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U.S. Home Sales in March Post Biggest Drop Since 2022

Thu, 24 Apr 2025 15:55:00 -0000

Plus: Pepsi no longer projects growth this year because of tariffs. And President Trump rebukes Vladimir Putin after Russian strikes on Kyiv. Anthony Bansie hosts.

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Russia Attacks Kyiv, Killing Nine

Thu, 24 Apr 2025 10:31:00 -0000

Plus, Tesla’s sales in Europe fall for a third consecutive month. And President Trump rejects a tax hike on millionaires. Kate Bullivant hosts.

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U.S. Stocks Continue Rally for Second Day

Wed, 23 Apr 2025 21:01:00 -0000

Plus: The White House says there will be "no unilateral reduction in tariffs against China." And OpenAI CEO Sam Altman says he is stepping down as chairman of the nuclear-energy startup Oklo. Anthony Bansie hosts.

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White House Considers Slashing China Tariffs

Wed, 23 Apr 2025 16:01:00 -0000

Plus: Boeing reports a narrower loss in its first quarter. And the FDA issues warnings of side effects of a popular hair-loss drug sold by telehealth companies. Anthony Bansie hosts

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Markets Rally as Trump Softens Threats on China, Powell

Wed, 23 Apr 2025 10:45:00 -0000

Plus, Tesla shares rise after Elon Musk says will wind down his time at the Department of Government Efficiency. And Apple and Meta are fined hundreds of millions of dollars by the EU and ordered to comply with tech competition rules. Luke Vargas hosts.

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Tesla’s Net Income Sinks 71% in First Quarter

Tue, 22 Apr 2025 20:59:00 -0000

Plus: stocks rally on optimism from White House on tariff negotiations. And Verizon says it won’t pay for the costs of tariffs on smartphones, but shoppers will. Anthony Bansie hosts.

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IMF Warns Tariffs Will Slow Global Economic Growth and Hit U.S. Economy

Tue, 22 Apr 2025 15:51:00 -0000

Plus, Gold surges to $3500 in intraday trading. And defense stocks fall after some of the biggest industry names report their earnings. Anthony Bansie hosts.

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U.S. Targets Chinese Solar-Panel Supply Chain With Steep Tariffs

Tue, 22 Apr 2025 10:04:00 -0000

Plus, The U.S. and India agree to broad terms of negotiation for a potential bilateral trade deal. And pharma giant Roche pledges to invest $50 billion in the U.S. Luke Vargas hosts.

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Stocks Fall and the Dollar Drops Amid Trump’s Threats to Fire Fed Chair

Mon, 21 Apr 2025 21:12:00 -0000

Investors are seeking refuge after President Trump’s renewed attacks on Federal Reserve chief Jerome Powell. Plus: DHL stock falls after it suspends high-value shipments to the U.S. And Capital One shares rise after regulators approve its $35 billion acquisition of Discover. Danny Lewis hosts.

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Dow and Dollar Drop as Trump Renews Attacks on the Fed

Mon, 21 Apr 2025 16:14:00 -0000

Plus: Russia welcomes U.S. proposal to deny Ukraine NATO membership as talks to end war continue. And, Chipotle plans to expand south, to Mexico and Latin America. Charlotte Gartenberg hosts.

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Pope Francis, Groundbreaking Pontiff, Dies at 88

Mon, 21 Apr 2025 11:14:00 -0000

Plus, Defense Secretary Pete Hegseth is in hot water again after sharing detailed military plans in another Signal chat. And China warns other countries against striking a trade deal with the U.S. at Beijing’s expense. Luke Vargas hosts.

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Trump Presses Harvard to Turn Over Foreign Funding Records

Fri, 18 Apr 2025 16:30:00 -0000

Plus: The EU postpones punishing Apple and Meta. And the U.S. accuses China of aiding the Houthis in Yemen. Zoe Kuhlkin hosts.

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Rubio Says U.S. Will Pause Ukraine Peace Talks Without Progress

Fri, 18 Apr 2025 10:31:00 -0000

Plus, President Trump signals he has spoken to Xi Jinping about a potential deal to reduce tariffs. And the U.S. announces plans to start charging Chinese ships for docking at American ports. Luke Vargas hosts.

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Dow Drops More Than 500 Points

Thu, 17 Apr 2025 21:19:00 -0000

Trump renews attack on Federal Reserve Chair Jerome Powell. Plus, Netflix posts higher-than expected earnings. Eli Lilly stock surges after GLP-1 pill succeeds in a pivotal trial. Ariana Aspuru hosts.

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Trump Hints at Dismissing Powell

Thu, 17 Apr 2025 15:58:00 -0000

Plus: UnitedHealth Group’s share price sinks after it reported disappointing earnings. And the European Central Bank cuts interest rates to their lowest level since early 2023. Alex Ossola hosts.

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Despite the Trade War, Chip Maker TSMC Remains Bullish on AI Demand

Thu, 17 Apr 2025 10:46:00 -0000

Plus, Japan and Italy try to find common ground with the White House on trade. And Trump officials have requested that the IRS start the process of revoking Harvard’s tax-exempt status. Luke Vargas hosts.

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Trade Restrictions on Chips Fuel Tech Stock Rout

Wed, 16 Apr 2025 21:03:00 -0000

Tech stocks fell after the U.S. said it will put export restrictions on chipmakers including Nvidia and AMD. Plus: shares of a transportation bellwether declined after reporting lower first-quarter income and revenue. Danny Lewis hosts.

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Tech Stocks Fall After U.S. Restrictions on Nvidia's China Exports

Wed, 16 Apr 2025 15:46:00 -0000

Plus: The U.K.’s Supreme Court rules that transgender women can’t be defined as women. Canada holds interest rates steady as it examines the impact of tariffs. Ariana Aspuru hosts.

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U.S. Plans to Use Tariff Negotiations to Cut-Off China

Wed, 16 Apr 2025 10:30:00 -0000

Plus, Nvidia’s shares are down after it discloses that the U.S. will now require a license for exporting the company’s H20 processors to China and other countries. And Federal Reserve Chair Jerome Powell prepares to discuss the economic outlook. Luke Vargas hosts.

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Johnson & Johnson Forecasts $400 Million in Tariff-Related Costs This Year

Tue, 15 Apr 2025 21:08:00 -0000

Stocks edged lower as President Trump released a new statement calling on China to make a trade deal. Boeing stock fell after China cut off new orders. Plus: shares of grocery chain Albertson’s dropped after its financial outlook disappointed investors. Ariana Aspuru hosts.

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Beijing Goes After Boeing, Tells Airlines Not to Order New Aircraft

Tue, 15 Apr 2025 16:12:00 -0000

Plus: U.S. big banks say in their quarterly earnings reports that consumer sentiment may be down but spending isn’t. And we exclusively report that Blackstone is teaming up with two big traditional asset managers to extend its reach into everyday investors’ portfolios. Charlotte Gartenberg hosts.

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Trump Administration Investigating Pharmaceutical and Semiconductor Tariffs

Tue, 15 Apr 2025 10:33:00 -0000

Plus, South Korea says it’s preparing roughly $23 billion in government support for the chip sector amid tariff uncertainty. And Netflix aims for a $1trillion market capitalization. Luke Vargas hosts.

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Stocks Rise After Tech Tariff Rollback and a Potential Pause in Automaker Import Duties

Mon, 14 Apr 2025 20:57:00 -0000

President Trump’s zigzag on tariffs boosted shares of tech companies focused on hardware. Plus, Goldman Sachs shares rose after the investment bank reported higher revenue from equities trading. Danny Lewis hosts.

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Nvidia to Make AI Supercomputers Entirely in U.S.

Mon, 14 Apr 2025 16:32:00 -0000

Plus: Goldman Sachs profit surges as tariff uncertainty powers trading revenue. And U.S. companies are going bankrupt at the fastest rate since 2010. Charlotte Gartenberg hosts.

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Chinese Exports Surge as Importers Rush to Beat Tariffs

Mon, 14 Apr 2025 10:23:00 -0000

Plus, a rollback on tariffs for the tech sector sends markets higher, even as the Trump Administration warns the reprieve could be short lived. And a key architect of Trump’s campaign to slash foreign aid has left the State Department after less than three months on the job. Luke Vargas hosts.

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U.S. Stocks End Tumultuous Week Higher

Fri, 11 Apr 2025 21:02:00 -0000

Stocks rose after the White House said it has 15 trade-deal offers on the table and China said set its reciprocal tariffs on U.S. imports at 125%. Plus: Big banks’ stocks rose after posting profits from equities trading revenue. And shares of gold mining companies jumped amid investors’ rush to haven assets. Danny Lewis hosts.

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JPMorgan Warns U.S. Economy Is Facing Considerable Turbulence

Fri, 11 Apr 2025 15:58:00 -0000

Plus: U.S. consumer sentiment tanks in April. And producer prices fell in March as food costs declined. Zoe Kuhlkin hosts.

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China Ups U.S. Tariff to 125%

Fri, 11 Apr 2025 10:37:00 -0000

Plus, The Trump administration works to craft ad hoc trade deals with some 70 countries. And airlines start to feel the pinch as data shows Canadians are taking fewer flights to the U.S. Luke Vargas hosts.

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Dow Falls More Than 1,000 Points, Nasdaq Loses 4% in Another Volatile Day

Thu, 10 Apr 2025 21:10:00 -0000

Plus: President Trump says he is open to Japan’s Nippon Steel investing in U.S. Steel but not owning it. CarMax misses its quarterly earnings estimates. And Modelo owner Constellation Brands cuts its annual outlook. Anthony Bansie hosts.

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House Republicans Approve Trump’s Budget Blueprint

Thu, 10 Apr 2025 16:27:00 -0000

Plus: U.S. inflation cooled in March, but tariff threats still loom. And the European Union halts its own planned tariffs after President Trump paused his own tariffs for 90 days. Anthony Bansie hosts.

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European, Asian Stocks Surge After U.S. Tariff Reprieve

Thu, 10 Apr 2025 10:38:00 -0000

Plus, Republican House leaders postpone a vote on the blueprint for President Trump’s ‘’one big, beautiful bill.’’ And Prada’s tentative deal to buy Versace is at risk amid market turmoil. Kate Bullivant hosts.

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U.S. Stocks Rocket After Trump Pauses Some Tariffs

Wed, 09 Apr 2025 21:13:00 -0000

Plus: Apple reclaims its title as the “world's most valuable company.” And Delta Airlines said it was working to avoid paying tariffs on planes it’s set to receive from Airbus this year. Anthony Bansie Hosts.

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Volatility Returns to Markets as China Retaliates Against U.S. Tariffs

Wed, 09 Apr 2025 16:28:00 -0000

Plus: China issues warnings for citizens considering traveling or studying in the U.S. And European Union member states approve response to U.S. tariffs. Anthony Bansie hosts.

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Trump’s Reciprocal Tariffs Hit Nearly a Hundred Countries

Wed, 09 Apr 2025 10:33:00 -0000

Plus, a surprising selloff in the usual safe haven of U.S. Treasurys. And the International Monetary Fund agrees to provide Argentina with a new $20 billion dollar loan, which would boost President Javier Milei’s free-market overhaul. Kate Bullivant hosts.

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Stocks Retreat Following Another Volatile Trading Day

Tue, 08 Apr 2025 21:07:00 -0000

Plus: health insurer stocks rise after the federal government said it will increase payment rates for Medicare insurers next year. And Levi’s CEO says it will be “surgical” with price increases it has to make for its products in response to tariffs.

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Markets Rebound After Signs Trading Partners Could Strike Deals With U.S.

Tue, 08 Apr 2025 16:14:00 -0000

Plus: BlackRock’s Panama Canal deal is dealt a blow by the country’s top auditor. And Ukraine says it has captured two Chinese citizens fighting for Russia. Anthony Bansie hosts.

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China Vows to Retaliate After Trump’s Latest Tariff Threat

Tue, 08 Apr 2025 09:58:00 -0000

Plus, Apple is planning to send more iPhones to the U.S. from India to offset the high cost of China tariffs. And global equities are regaining ground after yesterday’s market whiplash. Kate Bullivant hosts.

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The Dow and S&P Fall, Nasdaq Gains in Volatile Day for Stocks

Mon, 07 Apr 2025 21:02:00 -0000

Plus: Amazon outperforms the Nasdaq Composite Index. And Apple plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs. Anthony Bansie hosts.

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Trump Threatens an Additional 50% Tariff on China

Mon, 07 Apr 2025 16:16:00 -0000

Plus: Markets rose on rumors that Trump would delay tariffs by 90 days, only to fall again after the White House denied it. And semiconductor stocks were hit particularly hard. Alex Ossola hosts.

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Turmoil in Global Markets as Trump Stands Firm on Tariffs

Mon, 07 Apr 2025 10:36:00 -0000

Plus, billionaire investor Bill Ackman calls for a 90-day pause on the implementation of reciprocal tariffs. And Israeli Prime Minister Benjamin Netanyahu is set to be the first world leader to hold in-person talks with Trump about the tariffs. Kate Bullivant hosts.

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Stocks Tumble Again in Brutal Week on Wall Street

Fri, 04 Apr 2025 21:25:00 -0000

The U.S. stock market lost $6.6 trillion in market cap in two days as China retaliated against President Trump’s wide-ranging tariffs. Plus: Shares of companies that make goods in Vietnam rise after Trump said the country wants to negotiate, while chip stocks fell. Danny Lewis hosts.

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U.S. Market Turmoil Deepens After China Retaliates With 34% Tariffs

Fri, 04 Apr 2025 15:45:00 -0000

Plus: The U.S. added 228,000 jobs in March, defying expectations. And President Trump has fired the chief of the National Security Agency. Zoe Kuhlkin hosts.

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Tariff Selloff Spurs Recession Fears

Fri, 04 Apr 2025 10:30:00 -0000

Plus, China hits back on Trump’s levies with 34% tariffs on U.S. goods. And South Korea’s political turbulence continues as President Yoon Suk Yeol is removed from office. Luke Vargas hosts.

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Trump’s Tariff Announcement Drives Steepest Decline in U.S. Markets Since 2020

Thu, 03 Apr 2025 21:07:00 -0000

The stock market plunged as investors grappled with the threat that Trump’s new import tax plan will set off global retaliation and hurt economic growth. Plus, big tech companies lose hundreds of billions of dollars in value, while regulated utilities got a boost from the recession trade. Danny Lewis hosts.

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Markets Fall, Dollar Sinks as Investors Grapple with Trump’s Tariffs

Thu, 03 Apr 2025 16:43:00 -0000

Plus, SunnyD sells to a Guatemalan company for about $1.5 billion. And New York City Mayor Eric Adams forms his own political party to run for re-election. Alex Ossola hosts.

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Global Markets Tumble on Trump Tariff Plan

Thu, 03 Apr 2025 10:17:00 -0000

Plus, the EU vows to respond to additional 20% tariffs that come on top of metals and auto levies threatening the bloc’s economies. And Amazon and AppLovin join a list of bidders aiming to take over TikTok. Luke Vargas hosts.

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U.S. Stocks Close Higher Ahead of ‘Liberation Day’ Tariffs Announcement

Wed, 02 Apr 2025 21:05:00 -0000

President Trump announced the U.S. will impose a 10% tariff on all imports, and even higher rates for some nations. Plus: Meta chief executive Mark Zuckerberg is lobbying the White House to agree to a settlement that would prevent an antitrust trial. Shares in conservative TV outlet Newsmax slide more than 77%, continuing a rollercoaster first week of trading. Pierre Bienaimé hosts.

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Stocks Waver Ahead of Trump’s ‘Liberation Day’ Announcement at 4 p.m. ET

Wed, 02 Apr 2025 15:58:00 -0000

Tesla’s global vehicle deliveries fell 13% in the first quarter. And a federal judge has dismissed the bribery case against New York City Mayor Eric Adams. Pierre Bienaimé hosts.

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Markets Await ‘Liberation Day’ Tariff Clarity

Wed, 02 Apr 2025 10:28:00 -0000

Plus, President Trump is expected to review a deal to keep TikTok operational ahead of a deadline to sell the app or shut it down. And Visa offers Apple about $100 Million to take over the tech giant’s credit card. Luke Vargas hosts.

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Stocks Mixed Ahead of Sweeping Trump Tariffs Announcement

Tue, 01 Apr 2025 21:02:00 -0000

President Trump is due to unveil sweeping tariffs tomorrow afternoon—but what exactly he will announce is unclear. Plus: executives at Meta Platforms press trade officials to fight an expected European Union fine and cease-and-desist order. Pierre Bienaimé hosts.

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Canada and the EU Plan to Retaliate on U.S. Tariffs

Tue, 01 Apr 2025 13:43:00 -0000

Plus: U.S. automakers are seeing what might be described as a Trump bump. The Labor Department says U.S. hiring and layoffs mostly held steady in February. And U.S. manufacturing activity fell back into contraction in March. Pierre Bienaimé hosts.

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Trump Settles on Tariff Plan Ahead of ‘Liberation Day’ Deadline

Tue, 01 Apr 2025 10:17:00 -0000

Plus, Meta CEO Mark Zuckerberg is pressing U.S. trade officials to help fight an expected European Union ruling that could undermine its ad business. And Softbank agrees to lead $40 billion funding for OpenAI. Luke Vargas hosts.

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S&P and Nasdaq Notch Biggest Quarterly Losses Since 2022

Mon, 31 Mar 2025 21:00:00 -0000

A mixed session capped a turbulent quarter as investors turned from excitement over President Trump’s tax cuts and deregulation to fears over tariffs and a recession. Plus: Newsmax shares surge on first day of trading. Danny Lewis hosts.

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Global Markets Down Over U.S. Tariff Concerns

Mon, 31 Mar 2025 16:01:00 -0000

Stocks declined in Europe and tumbled in Asia, while U.S. stock indexes were mixed. Plus, President Trump said he hasn’t ruled out running for a third term, which is prohibited by the U.S. Constitution. And a French court has convicted far-right leader Marine Le Pen of misusing European Union funds, banning her from the next presidential election in 2027. Pierre Bienaimé hosts.

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Trump Administration Scrambles to Finalize ‘Liberation Day’ Tariff Plans

Mon, 31 Mar 2025 10:39:00 -0000

Plus, President Trump expresses anger at Russia’s Vladimir Putin with little progress made on Ukraine ceasefire talks. And Apple and Elon Musk’s SpaceX are feuding over satellite service as they race to eliminate cellphone dead spots. Luke Vargas hosts.

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Inflation Data, Tariff Worries Weigh on Stocks

Fri, 28 Mar 2025 21:24:00 -0000

Plus, automaker shares extend losses. And the Coreweave IPO disappoints in a stumble for the market for new public listings. Danny Lewis hosts.

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Two Law Firms Sue Trump Administration to Stop Executive Orders

Fri, 28 Mar 2025 15:41:00 -0000

Plus: U.S. consumers’ view of the economy got even gloomier in March. And President Trump has pardoned Nikola founder Trevor Milton. Zoe Kuhlkin hosts.

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Huge 7.7. Magnitude Earthquake Hits Myanmar, Thailand

Fri, 28 Mar 2025 10:38:00 -0000

Plus, we’re exclusively reporting that Israel provided sensitive intelligence described in the Signal chat at the center of a political firestorm. And President Trump broadens his retribution campaign against major law firms. Luke Vargas hosts.

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Stocks Fall After President Trump Unveils New Tariffs on Auto Imports

Thu, 27 Mar 2025 20:55:00 -0000

Shares in all of the Big Three U.S. automakers dropped after the announcement, but Tesla stock ticked up. Plus: GameStop plunged after saying it would issue $1.3 billion of convertible bonds to buy bitcoin. And Dollar Tree shares jumped after announcing the sale of its Family Dollar business. Danny Lewis hosts.

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Robert F. Kennedy Jr. Announces 10,000 Job Cuts in the Health Department

Thu, 27 Mar 2025 15:32:00 -0000

Plus: U.S. pending home sales grew last month, though they still lagged behind the previous year. And at least four people have died after a tourist submarine accident off of Egypt’s Red Sea coast. Alex Ossola hosts.

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Trump’s Tariff Plans Hit Auto Stocks

Thu, 27 Mar 2025 11:04:00 -0000

Plus, the reaction from world leaders who vow to retaliate against Trump’s plans to implement a 25% tariff on all automotive imports. And leaders meet in Paris to plan for a European armed force in Ukraine to implement a potential ceasefire with Russia. Luke Vargas hosts.

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Auto Stocks Slip Amid Tariff Fears

Wed, 26 Mar 2025 21:15:00 -0000

Plus, potential levies weigh down tech stocks like Nvidia, Tesla and Broadcom. And Gamestop shares jump after bitcoin news. Ariana Aspuru hosts.

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Atlantic Magazine Releases Signal Texts Showing Hegseth Shared Attack Details

Wed, 26 Mar 2025 15:57:00 -0000

Plus: The Congressional Budget Office says the U.S. government will probably run out of money in August or September. And Dollar Tree agrees to sell its Family Dollar business for about $1 billion. Alex Ossola hosts.

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Trump Narrows China’s Access to Nvidia Chips

Wed, 26 Mar 2025 10:21:00 -0000

Plus, a federal judge has ordered Boeing to stand trial over two deadly 737 MAX crashes. And Dollar Tree is nearing a sale of its Family Dollar business to a consortium of private-equity investors for roughly $1 billion. Luke Vargas hosts.

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Stocks Edge Higher as Investors Weigh Tariffs and Consumer Confidence

Tue, 25 Mar 2025 21:29:00 -0000

Plus: Tesla sales plunged 47% last month in the EU. And Trump Media plans to work with crypto.com to launch exchange-traded funds. Anthony Bansie hosts.

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President Trump Defends Mike Waltz After Signal Chat With Journalist

Tue, 25 Mar 2025 15:52:00 -0000

Plus: Conference Board’s consumer survey drops to 12-year low. And U.S. home prices rose at a slower pace in January. Anthony Bansie hosts.

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Boeing Pushing to Withdraw Guilty Plea Over Deadly Crashes

Tue, 25 Mar 2025 10:16:00 -0000

Plus, China releases detained staff of U.S. due-diligence firm Mintz. And Samsung says the head of its consumer electronics business has died from cardiac arrest. Luke Vargas hosts.

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The Dow Gains Nearly 600 Points on Tariff Optimism

Mon, 24 Mar 2025 21:17:00 -0000

Plus: Tesla has its best day since Trump’s election victory. And Ubisoft Entertainment shares surge after the blockbuster launch of “Assassin’s Creed Shadows.” Anthony Bansie hosts.

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Investors Welcome White House Tariff Pivot

Mon, 24 Mar 2025 16:05:00 -0000

Plus, BYD zooms past Tesla to reach $100 billion in sales. And the White House says Hyundai will make a $20 billion investment in the U.S., including opening a steel mill in Louisiana. Anthony Bansie hosts.

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White House Narrows Tariff Plans

Mon, 24 Mar 2025 10:27:00 -0000

Plus, U.S. and Ukrainian officials are meeting in Saudi Arabia with hopes of extending a shaky cease-fire with Russia. And 23andMe files for bankruptcy. Luke Vargas hosts.

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Stocks Edge Higher to Close a Week of Big Swings

Fri, 21 Mar 2025 20:56:00 -0000

The Dow Jones Industrial Average holds on to small gains, while the S&P 500 and Nasdaq stay about flat. Plus: some airlines bounce back after Heathrow flights resume. And Boeing stock rises after scoring a contract to build the Pentagon’s next-generation jet fighter. Danny Lewis hosts.

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Boeing Beat Lockheed Martin for Multibillion-Dollar Jet Fighter Contract

Fri, 21 Mar 2025 16:23:00 -0000

Plus: Elon Musk urges Tesla employees not to sell their shares. And Germany’s €1 trillion defense and infrastructure plan makes it through parliament. Zoe Kuhlkin hosts.

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Power Outage Shuts London’s Heathrow Airport

Fri, 21 Mar 2025 10:40:00 -0000

Plus, Elon Musk is set to receive a top-secret Pentagon briefing on U.S. war plans for China. And transportation safety officials prepare to inspect 68 U.S. bridges to assess whether they’d collapse in the event of a vessel collision. Luke Vargas hosts.

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U.S. Stocks Fall After Up-and-Down Session

Thu, 20 Mar 2025 21:14:00 -0000

Plus: European central banks make rate decisions a day after the Fed’s. Class B shares of Warren Buffett's Berkshire Hathaway close at a record high. And the family of a Boeing whistleblower who took his own life filed a wrongful-death lawsuit against the company. Pierre Bienaimé hosts.

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U.S. Home Sales Rose in February, Beating Expectations

Thu, 20 Mar 2025 16:23:00 -0000

Plus: Tesla recalls most Cybertrucks. The Taliban release an American detained in Afghanistan. The Bank of England leaves its key interest rate unchanged. Pierre Bienaimé hosts.

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Trump Considers Extending Chevron’s Venezuelan Oil Licence

Thu, 20 Mar 2025 10:29:00 -0000

Plus: The Trump administration is crafting plans for a major overhaul of the U.S. Agency for International Development. And, SoftBank inks a deal to buy U.S. chip designer Ampere Computing Holdings for $6.5 billion. Kate Bullivant hosts.

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Stocks Rise as the Fed Keeps Interest Rates Steady

Wed, 19 Mar 2025 21:02:00 -0000

Chair Jerome Powell still expects two rate cuts this year, amid “remarkably high” tariff uncertainty. Plus: Tesla shares rise after Cantor Fitzgerald raises its stock rating. And shares in some pharmaceutical companies fall after WSJ report that the Trump administration is considering drastic cuts to domestic HIV prevention. Danny Lewis hosts.

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Trump Talks With Zelensky About Russia Ceasefire Efforts

Wed, 19 Mar 2025 16:20:00 -0000

Plus, Turkey detains Istanbul’s mayor and main rival of President Erdogan. Inflation in the Eurozone cooled more than expected in February. And what to watch for in Federal Reserve’s Chair Jerome Powell’s comments after the Fed's rates decision. Alex Ossola hosts.

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Judge Rules DOGE’s Move to Dismantle USAID Likely Unconstitutional

Wed, 19 Mar 2025 10:07:00 -0000

Plus: Fitch Ratings downgrades the outlook for U.S. and world economic growth. And, activist investor Starboard Value prepares to wage a proxy fight at Autodesk. Kate Bullivant hosts.

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U.S. Stocks Resume Their Slide

Tue, 18 Mar 2025 20:53:00 -0000

A tech selloff and renewed turmoil in the Middle East pushed stocks lower. Plus: gold hits another record high. Nvidia shares fall after its CEO says artificial intelligence advancements will require more computing power than estimated. And Tesla shares fall further amid lower overseas demand and consumer backlash to Elon Musk’s political activities. Danny Lewis hosts.

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Trump and Putin Speak With Ukraine Cease-Fire at Stake

Tue, 18 Mar 2025 16:15:00 -0000

Plus, Google parent Alphabet has agreed to acquire cybersecurity startup Wiz for $32 billion. Nasdaq plans to open its second headquarters in Dallas, Texas. And Taiwan's military says it is banking on U.S. support to defend against China. Alex Ossola hosts.

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Israeli Launches Renewed Strikes on Gaza

Tue, 18 Mar 2025 10:22:00 -0000

Plus: Google-parent Alphabet is in fresh talks to buy cybersecurity start-up Wiz. And Chinese EV-maker BYD unveils new 5-minute charging tech. Kate Bullivant hosts.

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U.S. Stocks Continue Rally on the Back of Modest Retail Sales Growth

Mon, 17 Mar 2025 21:11:00 -0000

Major stock indexes rose, with the Dow Jones Industrial Average advancing about 353 points. Plus: Netflix shares rise after analysts upgraded the streaming company’s stock. And PepsiCo shares advance after it agreed to acquire prebiotic soda brand Poppi for $1.95 billion. Pierre Bienaimé hosts.

Correction: The Dow rose 353 points. An earlier version of this podcast incorrectly said it rose 343 points. (Corrected on March 17)

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U.S. Retail Sales Edge Up in February, Missing Expectations

Mon, 17 Mar 2025 16:08:00 -0000

Plus: President Trump questions the validity of President Biden’s pardons. And Harvard is going tuition-free for families making up to $200,000. Pierre Bienaimé hosts.

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Trump, Putin to Talk Tuesday on Ending Ukraine War

Mon, 17 Mar 2025 10:41:00 -0000

Plus: China’s economy gets off to a stronger than expected start in 2025. And, Baidu launches a new AI model in a challenge to Deepseek. Kate Bullivant hosts.

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U.S. Stocks End a Tough Week With a Rally

Fri, 14 Mar 2025 20:55:00 -0000

The receding threat of a government shutdown gives stocks a boost. Plus: Gold prices hit a new record high. Nvidia shares rise ahead of major artificial-intelligence conference. And Tesla shares advance after the company says it is working on a new, cheaper Model Y electric vehicle. Danny Lewis hosts.

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U.S. Consumer Confidence Nosedives In March

Fri, 14 Mar 2025 16:06:00 -0000

Plus: President Trump says he had productive conversations with President Putin about a settlement to the war in Ukraine. Tesla is developing a cheaper version of their Model Y SUV. Zoe Kuhlkin hosts.

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Gold Hits Record Price at $3,000

Fri, 14 Mar 2025 10:39:00 -0000

Plus: House Minority Leader Chuck Schumer says Democrats will back a Republican spending plan to avert a government shutdown. And, Donatella Versace steps down after three decades as creative director at the luxury brand. Kate Bullivant hosts.

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S&P Suffers Correction After Trump Threatens Europe With More Tariffs

Thu, 13 Mar 2025 21:00:00 -0000

The benchmark stock index is down more than 10% from its Feb. 19 high. Plus: Gold prices hit a new all-time high. Compass is in advanced talks to buy Warren Buffett’s real-estate brokerage unit. And Intel shares jump the day after the chip maker appoints a new CEO. Danny Lewis hosts.

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Putin Rejects Immediate Ukraine Cease-Fire Plan

Thu, 13 Mar 2025 15:59:00 -0000

Plus: President Trump threatens 200% tariffs on European Union champagne, wine and other alcohol. And the White House withdraws its nominee for director of the Centers for Disease Control and Prevention. Anthony Bansie hosts.

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Canadian Officials in Washington for Tariff Talks

Thu, 13 Mar 2025 10:24:00 -0000

Plus: Senate Minority Leader Chuck Schumer says Democrats won’t back a Republican government funding plan. And, Intel shares rise as the semiconductor firm appoints Lip-Bu Tan as its new chief executive. Kate Bullivant hosts.

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Intel Names Lip-Bu Tan as CEO to Lead Its Turnaround

Wed, 12 Mar 2025 21:22:00 -0000

Shares of the chip maker jump in after-hours trading. Plus: Shares of Jack Daniels maker Brown-Forman fall after EU announces reciprocal tariffs on American whiskey. And Tesla stock rises after Elon Musk’s pledge to double domestic production. Danny Lewis hosts.

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U.S. Inflation Cooled to 2.8% in February

Wed, 12 Mar 2025 15:48:00 -0000

Plus: Canada retaliates against the Trump administration's tariffs. And the WTO says global trade continues growing despite rising tariffs. Anthony Bansie hosts.

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Correction: Canada has said it will impose a levy on an additional $20.6 billion in U.S. imported goods. An earlier version of this podcast incorrectly said the tariffs would apply to $29.8 billion of goods, using a total in Canadian rather than U.S. dollars.

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E.U. Strikes Back at Trump’s Steel and Aluminium Tariffs

Wed, 12 Mar 2025 10:32:00 -0000

Plus: House Republicans narrowly pass a proposal to fund the government into the fall, setting up a fight in the Senate. And, the Education Department cuts nearly half its workforce. Kate Bullivant hosts.

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Some Stocks Pared Losses, but Indexes Still Closed in the Red

Tue, 11 Mar 2025 21:12:00 -0000

Signs of easing trade tensions between the U.S. and Canada encouraged some investors, while others took advantage of President Trump’s latest tariff threats by buying shares in steel and aluminum makers. Plus: Kohl’s cuts its dividend after projecting larger-than-expected sales declines. Danny Lewis hosts.

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Trump to Raise Tariffs on Canadian Steel and Aluminum to 50%

Tue, 11 Mar 2025 15:54:00 -0000

Plus, the U.S. had 7.74 million job openings in January. Kohl’s predicts a larger than expected decline in sales this year, sending its stock sliding. And Southwest Airlines plans to start charging for checked bags. Nissan replaces its CEO after its failed merger with Honda. Alex Ossola hosts.

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Wall Street Fears U.S. Economy Tipping Into Recession

Tue, 11 Mar 2025 10:22:00 -0000

Plus: Tesla shares continue to slide in off hours trading, the biggest one-day drop since 2020. And, Delta Airlines has lowered its outlook citing reduced consumer and corporate confidence. Kate Bullivant hosts.

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Stocks Slide as Investors Grow Concerned About a U.S. Recession

Mon, 10 Mar 2025 21:02:00 -0000

The Dow Jones Industrial Average lost nearly 900 points and the Nasdaq had its worst single-day decline since 2022. Plus: Tesla shares dropped, erasing post-election gains. And Novo Nordisk shares fell after disappointing weight-loss drug trials. Danny Lewis hosts.

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U.S. Stocks Fall as Trump Doesn’t Rule Out Recession

Mon, 10 Mar 2025 16:24:00 -0000

Plus, shares of Novo Nordisk fall after the company releases late-stage trial data of its experimental weight loss drug. Utah will become the first U.S. state to ban the use of fluoride in the public water supply. And an oil tanker and cargo ship have collided in the North Sea. Alex Ossola hosts.

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Trump Declines to Rule Out Recession as Chinese Tariffs Kick In

Mon, 10 Mar 2025 10:05:00 -0000

Plus: Former Bank of Canada and Bank of England governor Mark Carney is set to take over from Justin Trudeau as Canada’s prime minister. And, Foxconn builds its own AI model called FoxBrain. Kate Bullivant hosts.

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Stocks Tick Higher After a Week of Tariff News

Fri, 07 Mar 2025 21:59:00 -0000

Following fresh jobs data for February, Federal Reserve Chair Jerome Powell signaled that the central bank is comfortable with its wait-and-see approach to interest rates. Plus: Broadcom shares jumped after the chipmaker beat expectations. And Walgreens stock rose after it announced a take-private deal with Sycamore Partners. Danny Lewis hosts.

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Trump Threatens Russia With Sanctions Until Ukraine Peace Agreement Is Reached

Fri, 07 Mar 2025 17:05:00 -0000

Plus, the U.S. added 151,000 jobs last month. And Canada’s decades-long litigation with Big-Tobacco ends. Zoe Kuhlkin hosts.

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Walgreens Seals $10 Billion Deal to Go Private

Fri, 07 Mar 2025 10:52:00 -0000

Plus: President Trump signs an executive order to create a strategic bitcoin reserve. And another Starship spacecraft explodes during the latest SpaceX test flight. Luke Vargas hosts.

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Nasdaq Enters a Correction as Trade Stress Slams U.S. Stocks

Thu, 06 Mar 2025 22:16:00 -0000

Investors have been unnerved by frequent swings in President Trump’s tariff policies. Plus: shares of chipmaker Marvell Technology sank despite narrowly beating expectations. And Kroger shares rise as it tries to avoid tariffs. Danny Lewis hosts.

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Trade Policy Uncertainty Rattles Markets

Thu, 06 Mar 2025 16:31:00 -0000

Plus, U.S. trade deficit grew 34% in January. Macy’s expects sales to fall again this year. And the European Central Bank cuts its key interest rate. Alex Ossola hosts.

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Veterans Affairs Aiming to Cut 70,000 Jobs

Thu, 06 Mar 2025 11:00:00 -0000

Plus: The Trump administration drafts an executive order aimed at abolishing the Education Department. And European leaders discuss boosting their defense spending. Luke Vargas hosts.

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U.S. Stocks Rise After Trump Gives Automakers a Tariff Reprieve

Wed, 05 Mar 2025 22:13:00 -0000

The White House says some automakers will get a 30-day break from the new tariffs imposed on Canada and Mexico this week. Plus: Novo Nordisk launches a direct-to-patient delivery option for cheaper weight-loss drugs. And stock in mining company Freeport-McMoRan rises after Trump announces new tariffs to come on some metal imports. Danny Lewis hosts.

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Trump Pauses Intelligence Sharing With Ukraine

Wed, 05 Mar 2025 17:10:00 -0000

Plus, the U.S. Supreme Court rejects the Trump administration’s bid to pause foreign aid payouts. And the Microsoft-OpenAI partnership gets antitrust clearance in the U.K. Alex Ossola hosts.

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Trump Doubles Down on Tariff Agenda

Wed, 05 Mar 2025 11:40:00 -0000

Plus: The Senate votes to repeal a Biden-era crypto tax rule. And Goldman Sachs will target vice presidents in its next round of layoffs. Luke Vargas hosts.

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U.S. Stocks Fall After President Trump Imposes Tariffs on Canada and Mexico

Tue, 04 Mar 2025 22:07:00 -0000

The new 25% tax on imports from North American neighbors went into effect this morning. Plus: stock in individual companies seen as vulnerable to tariffs, like Tesla and Best Buy, dropped more sharply. And bank stocks fell amid investor fears that the tariffs will dampen economic growth. Danny Lewis hosts.

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Markets Rattled After U.S. Tariffs on Canada, Mexico and China

Tue, 04 Mar 2025 17:19:00 -0000

Plus: Canada and Mexico announce plans for countermeasures and China set retaliatory tariffs on U.S. farm goods. And a consortium of investors led by BlackRock strikes a $22.8 billion deal for majority stakes in ports on both sides of the Panama Canal. Pierre Bienaimé reports.

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U.S. to Pause All Military Aid to Ukraine

Tue, 04 Mar 2025 11:07:00 -0000

Plus: Ottawa and Beijing respond after President Trump’s tariffs on goods from Mexico, Canada and China take effect. And Walgreens nears a deal to go private.

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U.S. Stocks Tumble After President Trump Confirms North American Tariffs

Mon, 03 Mar 2025 22:06:00 -0000

Trump said 25% import taxes on goods from Canada and Mexico will go into effect on Tuesday. Plus: investors turned to gold, silver and copper amid concerns about unstable markets. And Kroger stock fell after its CEO resigned amid an investigation into his personal conduct. Danny Lewis hosts.

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U.S. Manufacturing Activity Expands for Second Straight Month

Mon, 03 Mar 2025 17:15:00 -0000

Plus: Kroger’s CEO resigns following a board investigation into his personal conduct. President Trump and TSMC are expected to announce a $100 billion investment in the U.S. Pierre Bienaimé reports.

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Consulting Bosses Defend U.S. Government Contracts

Mon, 03 Mar 2025 11:02:00 -0000

Plus: Chinese buyers get around U.S. export controls to order Nvidia’s latest AI chips. And, Shell explores the potential sale of its European and U.S. chemical assets. Luke Vargas hosts.

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A Late-Friday Stock Rally Wasn’t Enough to Dig Out of February’s Hole

Fri, 28 Feb 2025 22:06:00 -0000

Markets see-sawed after a new forecast suggests U.S. GDP could decline this quarter, alongside a tense meeting between President Trump and Ukraine’s Volodymyr Zelensky. Plus: Nvidia shares regain some lost ground. Danny Lewis hosts.

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Trump to Make English Official U.S. Language

Fri, 28 Feb 2025 17:23:00 -0000

Plus, Ukrainian President Volodymyr Zelensky visits the White House in an attempt to reset his relationship with President Trump. And the Fed’s preferred gauge of inflation moderated slightly in January.

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FAA Wants to Hire More Air-Traffic Controllers

Fri, 28 Feb 2025 11:38:00 -0000

Plus: KPMG is set to become the first Big Four firm to open a law practice in the U.S. And, Trump officials struggle to keep pace with the president’s tariff onslaught. Luke Vargas hosts.

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Stocks Fall After President Trump Latest Tariff Threats

Thu, 27 Feb 2025 22:13:00 -0000

Investors continue to digest the new administration's plans on tariffs and federal spending cuts. Plus: Nvidia shares continue to fall after the company reported forecast-beating results. And Federal Health officials are reportedly reviewing Moderna’s almost $600 million contract to help develop a bird flu vaccine. Anthony Bansie hosts.

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Trump Announces Another 10% Tariff on China

Thu, 27 Feb 2025 16:52:00 -0000

Plus, Amazon shows off its first chip for quantum computing. And a mysterious disease linked to bats has already killed 60 people in the Democratic Republic of Congo. Alex Ossola hosts.

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Microsoft Calls on Trump to Relax AI Chip Export Rules

Thu, 27 Feb 2025 11:23:00 -0000

Plus: President Trump revokes a Biden-era license allowing Chevron to produce oil in Venezuela. And, European shares fall on Trump’s EU tariff threat. Luke Vargas hosts.

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Stocks Struggle to Shake Off Slump Amid Fresh Tariff Threats

Wed, 26 Feb 2025 22:19:00 -0000

President Trump said he is considering 25% tariffs on goods from the European Union. Plus: stock in Outback Steakhouse’s parent company fell to its lowest point since 2020 after it projected declining sales. And Nvidia reported earnings after the close. Danny Lewis hosts.

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U.S. New-Home Sales Slumped in January

Wed, 26 Feb 2025 17:21:00 -0000

Plus, drugmaker Eli Lilly plans to invest $27 billion in new U.S. plants. Ukrainian President Zelensky says many details of the minerals deal with the U.S. remain unresolved. Iran has enough highly enriched uranium for six nuclear weapons. Ariana Aspuru hosts.

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House Republicans Pass Budget Plan

Wed, 26 Feb 2025 11:17:00 -0000

Plus: Budweiser brewer AB InBev scores market-share gains in the U.S. And, copper prices rise as White House officials mull imposing tariffs on the metal. Luke Vargas hosts.

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Economic Worries and Tariff Fears Dragged on Markets Again

Tue, 25 Feb 2025 21:52:00 -0000

President Trump’s proposed tariff policies also contributed to the largest monthly decline in U.S. consumer sentiment in three years. Plus: Home Depot shares rose after beating expectations. And Hims & Hers shares fell after the telehealth company said it would stop selling alternatives to Ozempic and Wegovy. Danny Lewis hosts.

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U.S. Consumer Confidence Drops in February

Tue, 25 Feb 2025 17:13:00 -0000

Plus, Taiwan detains ship and Chinese crew after undersea cable was severed. And Eli Lilly offers higher doses of its obesity-drug Zepbound through its direct-to-consumer business. Anthony Bansie hosts.

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Tesla Sales Crash in Europe

Tue, 25 Feb 2025 11:18:00 -0000

Plus: Unilever’s chief executive makes a surprise exit. And, AI company Anthropic is finalizing a new funding round that values the company at $61.5 billion. Luke Vargas hosts.

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Tech Stocks Are Stuck in a Slump

Mon, 24 Feb 2025 22:29:00 -0000

Major tech companies dragged down stock indexes Monday. Plus: Nike shares surge after Jefferies raised its recommendation. Apollo Global Management plans to buy Bridge Investment Group for $1.5 billion. And Warren Buffett’s Berkshire Hathaway is sitting on a record pile of cash. Danny Lewis hosts.

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Starbucks to Lay Off More Than 1,000 Workers

Mon, 24 Feb 2025 17:42:00 -0000

Plus, Apple plans to spend more than $500 billion to expand its manufacturing footprint in the U.S. And the Republican National Committee’s email was infiltrated by hackers with ties to the Chinese government last summer. Anthony Bansie hosts.

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Federal Agencies Push Back on Elon Musk’s Ultimatum

Mon, 24 Feb 2025 11:35:00 -0000

Plus: A bundle of Disney+, Hulu and Max has a stronger hold on viewers than Netflix, new data shows. And, food-delivery stocks rally in Europe after Prosus agrees to buy Just Eat Takeaway.com for $4.3 billion. Luke Vargas hosts.

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Stocks Erase Weekly Gains As Investors Tap The Brakes

Fri, 21 Feb 2025 22:04:00 -0000

All three majors U.S. indexes finished the week down, and declines in UnitedHealth stock weighed down the Dow Jones Industrial Average. Plus: Rivian shares fall after it forecasts a decline in sales for the year. And Novo Nordisk stock rises after the end of shortages in its blockbuster weight-loss drugs. Danny Lewis hosts.

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DOJ Investigating UnitedHealth’s Medicare Billing Practices

Fri, 21 Feb 2025 16:55:00 -0000

Plus: U.S. home sales fell nearly 5% in January, extending a housing-market slump. And the crypto exchange Coinbase says the SEC plans to drop a lawsuit that had sought to regulate the company as a stock exchange. Pierre Bienaimé reports.

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Major League Baseball and ESPN to End TV Deal

Fri, 21 Feb 2025 11:19:00 -0000

Plus: Egg companies ask U.S. regulators to greenlight a bird-flu vaccine. And, shares in Nissan Motor jump on a report that Japan plans to court Tesla for an investment in the carmaker. Luke Vargas hosts.

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Walmart’s Guidance Unsettles Investors Worried About Retail

Thu, 20 Feb 2025 22:00:00 -0000

U.S. stocks fell after the country’s biggest retailer forecast weaker-than-expected sales for the year. Plus: Hasbro stock rallied after executives announced focus on brands like Monopoly and Dungeons & Dragons. And Palantir shares fall amid reports of proposed budget cuts at the U.S. Department of Defense. Danny Lewis hosts.

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Walmart Warns of Slower Sales Growth

Thu, 20 Feb 2025 16:57:00 -0000

Plus: Alibaba Group posts its fastest revenue growth since 2023. And Amazon gains creative control of the James Bond franchise. Pierre Bienaimé reports.

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Airbus Sets Higher Plane Delivery Goal

Thu, 20 Feb 2025 11:22:00 -0000

Plus: President Trump considers giving Americans 20% of the savings from DOGE’s cost-cutting efforts. And, in talks with Interpublic Group, X hinted at possible retribution from the Trump administration if ad spending on the social media platform didn’t increase. Luke Vargas hosts.

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U.S. Stocks Inch Higher as Investors Digest New Tariff Threats

Wed, 19 Feb 2025 21:51:00 -0000

President Trump’s latest import tax threats weighed on overseas automakers. Plus: Nikola files for bankruptcy, with plans to shutter the company. Microsoft announces a new chip to power quantum computers. And Etsy shares sink after a disappointing earnings report. Danny Lewis hosts.

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President Trump Calls Zelensky a Dictator

Wed, 19 Feb 2025 17:00:00 -0000

Plus: Trump said he wants border spending, tax relief and spending cuts passed in one bill. And hydrogen-truck maker Nikola, once a darling of green investment, has filed for bankruptcy. Alex Ossola hosts.

Bad Bets podcast

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Trump Weighs 25% Tariffs on Autos, Chips, Pharmaceuticals

Wed, 19 Feb 2025 10:56:00 -0000

Plus: HSBC plans a new share buyback and cost cuts. And, U.K. inflation reaches a ten-month high, further diverging from the Bank of England’s target. Kate Bullivant hosts.

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U.S. Stocks Had a Muted Return From Presidents Day

Tue, 18 Feb 2025 21:46:00 -0000

Rising speculation and frothy enthusiasm in the market is making some investors nervous about a correction. Plus, Nike stock rises after announcing a deal with Kim Kardashian’s SKIMS. And Intel shares jump after a WSJ report that Broadcom and TSMC are eyeing deals to break the chipmaker in two. Danny Lewis hosts.

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U.S. and Russia to Name Teams for Talks on Ending Ukraine War

Tue, 18 Feb 2025 17:31:00 -0000

Plus: White House to no longer consider contractors’ DEI initiatives. And Hamas says it will release more hostages as Israel agrees to negotiate the end of the war in Gaza. Alex Ossola hosts.

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Delta Regional Plane Crashes at Toronto Airport

Tue, 18 Feb 2025 10:47:00 -0000

Plus: Southwest Airlines prepares to slash its corporate workforce, marking the first mass layoff in its 53-year history. And, the Reserve Bank of Australia joins a wave of global monetary easing. Kate Bullivant hosts.

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U.S. Stocks Close Mixed After New Retail Sales Data

Fri, 14 Feb 2025 21:55:00 -0000

Data from the U.S. Commerce Department showed a surprisingly steep pullback in retail sales for January. Plus: Roku shares rise after posting a narrower-than-expected quarterly loss. Airbnb stock advances after the rental company swings to a profit. And DraftKings gains after raising its revenue guidance. Danny Lewis hosts.

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Last Living U.S. Civilian Hostage in Gaza to Be Released Saturday

Fri, 14 Feb 2025 17:16:00 -0000

Plus: GOP Freedom Caucus members secure deeper spending cuts. Judge orders Trump administration to lift a freeze on U.S. aid abroad. Russian drone sets fire to Chernobyl's containment shield. Zoe Kuhlkin hosts.

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Correction: Hamas said it would release the last civilian American-Israeli hostage held in Gaza; however, it continues to hold an American hostage who also is an Israeli soldier. An earlier version of this episode’s headline incorrectly said that Hamas planned to release the last American it holds. (Corrected Feb. 18)

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Latest Trump Layoffs Target Thousands of Federal Workers

Fri, 14 Feb 2025 11:14:00 -0000

Plus: Apple and Google restore TikTok to their mobile app stores. And, Shein and Temu look for workarounds to keep selling to Americans. Luke Vargas hosts.

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U.S. Stocks Rise After President Trump Delays Reciprocal Tariffs

Thu, 13 Feb 2025 22:07:00 -0000

Trump’s latest executive order instead directs federal agencies to study how to adjust tariff rates to match the duties and other economic barriers enforced by other nations. Plus: Hertz stock falls after reporting quarterly losses. And MGM Resorts International shares surge. Danny Lewis hosts.

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RFK Jr. Confirmed as Head of Health and Human Services

Thu, 13 Feb 2025 17:30:00 -0000

Plus: Musk says he will pull his bid if OpenAI remains a nonprofit. And Meta offers rivals paid ad space on Facebook Marketplace under pressure from EU antitrust regulators.

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More Homes Are Being Pulled Off the Market

Thu, 13 Feb 2025 11:08:00 -0000

Plus: Honda and Nissan scrap their merger plan less than two months after announcing it. And, Unilever plans to list its ice cream business in Amsterdam, London and New York. Luke Vargas hosts.

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January’s Higher-Than-Expected Inflation Data Spooks Investors

Wed, 12 Feb 2025 21:50:00 -0000

The Dow Jones Industrial Average and S&P 500 fell after the latest consumer-price index data rose 3% from a year earlier. Plus: CVS Health shares surge after earnings beat expectations. And Intel stock rose after reports of a factory partnership with TSMC. Danny Lewis hosts.

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Inflation Rose In January

Wed, 12 Feb 2025 17:10:00 -0000

Plus: House Republicans release the blueprint for their tax bill. Inspectors general who were fired last month by President Trump sue his administration. And SoftBank posts a quarterly loss. Alex Ossola hosts.

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Spirit Airlines Rejects Frontier’s Latest Bid

Wed, 12 Feb 2025 10:47:00 -0000

Plus: Lyft braces investors for a slowdown in bookings growth. And, Alibaba shares surge thanks to progress in its AI partnership with Apple. Kate Bullivant hosts.

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Stocks Edge Higher After President Trump Signs Off on New Tariffs

Tue, 11 Feb 2025 21:57:00 -0000

Fed Chair Jerome Powell’s comments to Congress on the state of the economy also helped indexes pare losses. Plus: American steel companies rise for a second day. And Marriott International shares fall after quarterly earnings disappointed investors. Danny Lewis hosts.

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Powell Says Fed Doesn’t Need to Rush Rate Cuts

Tue, 11 Feb 2025 17:35:00 -0000

U.S. stock markets recover early losses after Federal Reserve Chair Jerome Powell’s comments. And Vice President JD Vance warns U.S. allies to keep artificial-intelligence regulation light. Anthony Bansie hosts.

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Musk-Led Group Makes $97.4 Billion Bid to Control OpenAI

Tue, 11 Feb 2025 11:30:00 -0000

Plus: Elliott Investment Management ratchets up the pressure on oil refiner Phillips 66. And, South Korea’s state think tank cuts its growth forecast for this year, citing U.S. tariffs as a risk. Kate Bullivant hosts.

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U.S. Stocks Rose as Investors Shrugged Off President Trump’s Latest Tariff Threats

Mon, 10 Feb 2025 22:09:00 -0000

American steelmakers were among the biggest winners after Trump announced plans for 25% import taxes on steel and aluminum. Plus: McDonald’s shares rise after latest earnings report. And BP stock got a bump after news that Elliott Management has built a stake in the oil-and-gas company. Danny Lewis hosts.

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China’s BYD Widens AI Driving Gap With Tesla

Mon, 10 Feb 2025 16:59:00 -0000

Plus: McDonald’s reports lower-than-expected earnings. And Spirit AeroSystems expects to make a going concern disclosure stemming from doubts about its ability to stay in business. Alex Ossola hosts.

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Trump to Impose New Tariffs on Steel and Aluminium

Mon, 10 Feb 2025 11:01:00 -0000

Plus: Shares in BP rise on the news that Elliott Management has built a stake in the oil giant. And, China’s consumer inflation accelerates. Kate Bullivant hosts.

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Stocks Drop to End a Whipsaw Week

Fri, 07 Feb 2025 22:10:00 -0000

Plus: U.S. Steel fell after President Trump said he supported a deal for Japan’s Nippon Steel to invest in, but not own, the company. And Amazon dropped after its forecast disappointed investors. Danny Lewis hosts.

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U.S. Added 143,000 Jobs in January

Fri, 07 Feb 2025 17:27:00 -0000

Plus, U.S. wholesale inventories fell back in December. A commercial plane carrying nine passengers and one pilot went missing over the Bering Sea. Zoe Kuhlkin hosts.

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Amazon Stock Falls on Soft Sales Outlook

Fri, 07 Feb 2025 11:11:00 -0000

Plus: A DeepSeek-fueled rally sends Hong Kong’s tech index into bull territory. And, the Justice Department plans to dial back a crackdown on foreign corruption and focus on fighting cartels. Luke Vargas hosts.

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Fresh Quarterly Earnings Helped Push Some Indexes to Record Highs

Thu, 06 Feb 2025 22:01:00 -0000

But plans to break up one of America’s last remaining industrial conglomerates drove down the Dow. Plus: Strong consumer confidence led some companies to record highs. And shares in Fannie Mae and Freddie Mac rose after the incoming head of the Department of Housing and Urban Development told the Journal he plans to privatize the mortgage-finance firms. Danny Lewis reports.

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Panama Denies U.S. Claim That American Ships Can Use Canal For Free

Thu, 06 Feb 2025 17:22:00 -0000

Plus, a judge has limited access to sensitive Treasury data amid Elon Musk’s push to limit government spending. And the Bank of England cuts interest rates. Alex Ossola hosts.

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Federal Worker Resignations Short of Target So Far

Thu, 06 Feb 2025 10:49:00 -0000

Plus: Honeywell prepares to split into three companies. And, lawmakers push to ban DeepSeek’s chatbot app from government-owned devices. Luke Vargas hosts.

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U.S. Stocks Made Modest Gains as Traders Turn From Tariffs to Earnings

Wed, 05 Feb 2025 22:02:00 -0000

A muted trading day suggests investors have calmed their nerves since President Trump launched his latest trade war. Plus: Shares in Google-parent Alphabet fall after growth in cloud-services sales slows down. AMD stock falls after revenue growth misses expectations. And Mattel shares rise after forecasting higher earnings for the year. Danny Lewis reports.

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Middle East Leaders Reject Trump’s Gaza Proposal

Wed, 05 Feb 2025 16:51:00 -0000

Plus, Disney plans to centralize its streaming offerings within Disney+. The CIA has offered buyouts to its entire workforce. And the U.S. Postal Service resumes accepting parcels from China. Alex Ossola hosts.

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Trump Says U.S. Will Take Over Gaza

Wed, 05 Feb 2025 11:19:00 -0000

Plus: Nissan shares slip over the board’s plans to reject Honda’s terms for a tie-up between the two companies. And, Ozempic and Wegovy maker Novo Nordisk warns of slower sales growth this year. Luke Vargas hosts.

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U.S. Stocks Rebound Despite New Trump Tariffs on Chinese Goods

Tue, 04 Feb 2025 21:53:00 -0000

China threatens to retaliate with new tariffs on coal and liquified natural gas, as well as an antitrust investigation into Google. Plus: U.S. automakers bounce back after Trump delayed tariffs on Canada and Mexico. Palantir stock surges on news of strong quarterly revenue. And Spotify announces it had its first-ever full year of profitability. Danny Lewis reports.

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RFK Jr. on Track to Lead Health Department After Clearing Committee Vote

Tue, 04 Feb 2025 17:19:00 -0000

Plus: Labor Department says the share of Americans who quit their jobs each month has fallen below prepandemic levels. Spotify reports its first full-year of profits. Ariana Aspuru hosts.

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Beijing Hits Back at Trump

Tue, 04 Feb 2025 11:24:00 -0000

Plus: The Trump administration weighs a plan to dismantle the Education Department. And, El Salvador offers to accept deportees from the U.S. Luke Vargas hosts.

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U.S. Stocks Fall as Trump Trade War Threats Rattle Investors

Mon, 03 Feb 2025 21:55:00 -0000

U.S. automakers were some of the biggest losers from the tariff negotiations. Apple shares fall amid concerns about China-made hardware. And stock in avocado companies fell despite new tariffs on Mexico being put on hold. Danny Lewis reports.

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President Trump Agreed to Put Mexico Tariffs on Hold for One Month

Mon, 03 Feb 2025 17:31:00 -0000

Plus: Investors adjust as Trump tariffs hit U.S. stocks. Trump administration closes headquarters of U.S. foreign-assistance agency. Ariana Aspuru hosts.

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Trump Kicks Off Trade War With Canada, Mexico, China Tariffs

Mon, 03 Feb 2025 11:09:00 -0000

Plus: Beijing sees room to negotiate with the U.S. on trade. And, Elon Musk’s X adds Nestlé, Shell and other big brands to an advertising-boycott lawsuit. Luke Vargas hosts.

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Trump Tariffs Plan Pushes U.S. Stock Market Lower

Fri, 31 Jan 2025 22:14:00 -0000

Plus: Apple’s stock ticks down after iPhone sales slow. Walgreens shares drop after the pharmacy chain suspends its quarterly dividend. And Vertex Pharmaceuticals’ stock rises after the FDA approves its new non-opioid painkiller. Danny Lewis reports.

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Black Boxes, 41 Bodies Recovered From DC Plane Crash

Fri, 31 Jan 2025 17:08:00 -0000

Plus, PCE inflation accelerated in December. The annual profits of Exxon Mobil and Chevron decreased in 2024, but the oil giants still made record payouts to investors.

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Trump Administration Appears Undecided on Canada, Mexico Tariffs

Fri, 31 Jan 2025 11:26:00 -0000

Plus: The FDA approves a new drug designed to cut the risk of addiction and overdoses related to opioids. And, Apple shares rise in offhours trading after the company’s earnings top expectations. Luke Vargas hosts.

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U.S. Stocks Pare Back Gains After Fresh Trump Tariff Threats

Thu, 30 Jan 2025 21:51:00 -0000

Plus: Big tech earnings, including Tesla and Meta, helped bolster market gains. American Airlines stock falls after midair crash. And UPS stock plunges after the company plans to cut back on Amazon deliveries. Danny Lewis reports.

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Trump Blames DEI for Deadly Plane Crash, Without Citing Evidence

Thu, 30 Jan 2025 17:47:00 -0000

Plus, U.S. GDP grew at a slower pace in 2024. The European Central Bank cut interest rates by a quarter point. Ariana Aspuru hosts.

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American Airlines Jet Collides With Helicopter and Crashes

Thu, 30 Jan 2025 11:29:00 -0000

Plus: SoftBank is in talks to invest $15 to $25 billion in OpenAI, potentially displacing Microsoft as the company’s biggest investor. And, Toyota sells fewer cars in 2024, but remains the world’s top automaker. Luke Vargas hosts.

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U.S. Stocks Fall After Federal Reserve Pauses Rate Cuts

Wed, 29 Jan 2025 22:06:00 -0000

Fed Chair Jerome Powell is still optimistic about inflation slowing, but says officials want to see price pressures cool. Plus: Microsoft, Tesla and Meta release latest earnings reports. Danny Lewis reports.

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RFK Jr. Faces Off Against Senators in Senate Confirmation Hearing

Wed, 29 Jan 2025 17:18:00 -0000

Plus, OpenAI is investigating whether DeepSeek used its models to train the new chatbot. Frontier Airlines makes another attempt to merge with Spirit. And the Fed’s latest interest rates decision is expected this afternoon. Alex Ossola hosts.

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Judge Blocks White House Bid to Pause Federal Assistance

Wed, 29 Jan 2025 11:02:00 -0000

Plus: Alibaba claims the latest version of its Qwen AI model can compete with offerings from OpenAI, Meta and DeepSeek. And, shares in ASML climb after the chip-equipment manufacturer tops expectations for the fourth quarter. Luke Vargas hosts.

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Tech Stocks Rebound After DeepSeek-Spurred Sellof

Tue, 28 Jan 2025 22:15:00 -0000

Plus: General Motors stock tumbles after reporting $2.9 billion loss. JetBlue shares slide after issuing tepid guidance for the first quarter. And Smithfield Foods trades into negative territory on the first trading day after its initial public offering. Danny Lewis reports.

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U.S. Stocks Edge Up After Monday’s $1 Trillion DeepSeek Rout

Tue, 28 Jan 2025 17:36:00 -0000

Plus: U.S. consumers are losing confidence at the start of President Trump’s second term. General Motors says it has a “playbook” if the Trump administration imposes tariffs on Mexico and Canada. Anthony Bansie hosts.

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Markets Poised for Calmer Session After $1 Trillion DeepSeek Rout

Tue, 28 Jan 2025 11:33:00 -0000

Plus: A Trump administration order pausing almost all foreign aid sparks warnings that the interruption could severely damage vital programs overseas. And the White House orders the pause of federal financial-assistance programs. Luke Vargas hosts.

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AI Rout Sinks Tech Stocks

Mon, 27 Jan 2025 21:57:00 -0000

High-performing models released by Chinese company DeepSeek spurred an AI selloff in U.S. markets. Nvidia shares fall, wiping out $600 billion in market cap. But Apple and Meta weathered investor panic. Danny Lewis reports.

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U.S. Tech Stocks Sink in AI Rout Sparked by China’s DeepSeek

Mon, 27 Jan 2025 17:36:00 -0000

Plus: Universal Music Group signed a deal with Spotify. And Arabica coffee hits a new high after U.S. tariff threats. Anthony Bansie hosts.

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Progress of China’s DeepSeek AI Model Sinks Tech Stocks

Mon, 27 Jan 2025 11:34:00 -0000

Plus: Activist Investor Ancora Holdings prepares to push U.S. Steel to drop merger bid with Japan’s Nippon Steel. And, the U.S. and Colombia negotiate an end to a weekend tariff standoff. Luke Vargas hosts.

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U.S. Indexes Trim Gains After Strong Week

Fri, 24 Jan 2025 21:52:00 -0000

Plus: American Express shares fell after its outlook for the year disappointed investors. Verizon stock rose after beating Wall Street expectations. And Novo Nordisk surged after positive results from a clinical trial of an experimental weight loss drug. Danny Lewis reports.

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U.S. Home Sales in 2024 Dipped to Lowest Level in Nearly 30 Years

Fri, 24 Jan 2025 17:28:00 -0000

Plus: U.S. economic activity loses pace in January. Meta increases spending by 70% to focus on AI and a new data center. Ariana Aspuru hosts.

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Bank of Japan Raises Rates

Fri, 24 Jan 2025 11:03:00 -0000

Plus: Boeing warns investors about a $4 billion loss in the most recent quarter. And, Pete Hegseth’s nomination faces opposition from two Republican senators, setting the stage for a razor-thin confirmation vote. Kate Bullivant hosts.

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S&P 500 Hits First Record of the Year

Thu, 23 Jan 2025 22:01:00 -0000

A strong start to earnings season and President Trump’s support for tax cuts and deregulation have buoyed the stock market. Plus: UnitedHeathCare names new CEO after the killing of Brian Thompson. GE Aerospace shares surge after beating analyst expectations. And American Airlines stock falls after predicting a bigger-than-expected quarterly loss. Danny Lewis reports.

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Trump Warns Businesses: Make Your Product in the U.S. or Face Tariffs

Thu, 23 Jan 2025 17:26:00 -0000

Plus: CNN lays off about 6% of its workforce as part of a shift toward digital growth. And a U.K. regulator launches an investigation into Apple and Google’s cellphone ecosystems. Ariana Aspuru hosts.

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China Ramps Up Support for Stock Market

Thu, 23 Jan 2025 11:25:00 -0000

Plus: Nvidia supplier SK Hynix posts bumper earnings thanks to the AI boom. And, economists expect higher U.S. inflation and economic growth than they did a few months ago, a WSJ survey shows. Luke Vargas hosts.

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White House AI Announcement Spurs Tech Stock Rally

Wed, 22 Jan 2025 22:05:00 -0000

Plus: Netflix shares surged after reporting blockbuster earnings and subscription price hikes. Procter & Gamble advanced after solid quarterly results. And Johnson & Johnson stock fell after annual sales forecasts disappointed investors. Danny Lewis reports.

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Elon Musk Casts Doubt on Trump-Backed AI Infrastructure Project

Wed, 22 Jan 2025 16:57:00 -0000

Plus: Activists push Goldman Sachs and JPMorgan Chase to roll back their DEI efforts. New data signals that the U.S. economy slowed down a little in 2024. And a South Carolina energy provider is looking to revive plans to build nuclear reactors to power artificial intelligence. Alex Ossola reports.

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Tech Leaders Pledge U.S. AI Investments

Wed, 22 Jan 2025 11:24:00 -0000

Plus: Pentagon chief pick Pete Hegseth faces new allegations around his drinking. And, President Trump wants to push for an early renegotiation of the U.S.-Mexico-Canada trade agreement. Luke Vargas hosts.

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U.S. Stocks Climb Following President Trump’s Return to the White House

Tue, 21 Jan 2025 22:04:00 -0000

Plus: 3M forecasts growth in sales and revenue, but could be vulnerable to tariffs. Apple stock falls after reports of slumping iPhone sales in China. And Charles Schwab shares surge after reporting a 76% increase in quarterly profits. Danny Lewis reports.

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Trump Discusses His Agenda With GOP Congressional Leaders

Tue, 21 Jan 2025 17:03:00 -0000

Plus: Goldman Sachs promotes its next generation of leaders. And Israel’s military chief announces his resignation citing the army’s failure to protect the country on Oct. 7, 2023. Alex Ossola reports.

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Trump’s Day One Orders Target Immigration, Energy and Trade

Tue, 21 Jan 2025 11:15:00 -0000

Plus: the president is giving TikTok 75 more days to work out a deal to prevent it going offline in the U.S. And, the dollar rebounded, clawing back some of the ground it lost Monday on news Trump wouldn’t immediately impose tariffs. Luke Vargas hosts.

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U.S. Indexes Log Their Best Week Since Just After the Presidential Election

Fri, 17 Jan 2025 22:14:00 -0000

Plus: Novo Nordisk shares fell after the U.S. government said the diabetes and weight-loss drugs Ozempic and Wegovy would face a second round of Medicare price negotiations. Goldman Sachs hits a record high after reporting a surge in quarterly profit earlier this week. And crypto-related stocks rose as bitcoin prices rose back above $104,000. Danny Lewis reports.

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U.S. Supreme Court Upholds TikTok Shutdown

Fri, 17 Jan 2025 17:20:00 -0000

Plus, the Israeli security cabinet approves the Gaza deal. Weight loss drugs are among the next up for government price negotiations. Goldman Sachs gives its CEO $80 million to stay. Ariana Aspuru hosts.

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Trump Prepares to Bypass Congress

Fri, 17 Jan 2025 11:17:00 -0000

Plus: The Department of Government Efficiency is focuses on how to cut spending through executive action rather than legislation. And, an uncrewed SpaceX Starship rocket explodes shortly after launching. Kate Bullivant hosts.

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Tech Stocks Drag Down Major Indexes

Thu, 16 Jan 2025 22:04:00 -0000

Plus: mixed economic data on initial jobless claims and retail sales tempered investor optimism after better-than-expected inflation data. UnitedHealth Group stock fell after its first earnings report since the killing of CEO Brian Thompson. And chipmaker TSMC reported record quarterly profits driven by artificial intelligence. Danny Lewis reports.

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Israeli Cabinet Delays Vote on Cease-Fire in Gaza

Thu, 16 Jan 2025 16:59:00 -0000

Plus, U.S. mortgage rates rose above 7% for the first time since mid-2024. TikToK’s CEO plans to attend Trump’s presidential inauguration as the president-elect’s advisers consider ways to delay or stop U.S. ban of the popular video app. Charlotte Gartenberg hosts.

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Jeff Bezos’ Blue Origin Launches New Rocket

Thu, 16 Jan 2025 11:19:00 -0000

Plus: Short seller Nate Anderson shuts down Hindenburg Research. And, President Biden warns of an oligarchy and a tech industrial complex taking hold in his farewell address. Kate Bullivant hosts.

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U.S. Stock Indexes Surge After Encouraging Inflation Data and Strong Bank Earnings

Wed, 15 Jan 2025 21:58:00 -0000

All three major U.S. indexes had their best day since the post-election rally in November. Plus, big banks including JP Morgan Chase and Goldman Sachs reported strong earnings for the fourth quarter. Danny Lewis reports.

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U.S. Inflation Rose in December

Wed, 15 Jan 2025 17:14:00 -0000

Plus, U.S. banks including JPMorgan Chase and Goldman Sachs posted big fourth quarter profits. And the U.S. Food and Drug Administration bans a red food dye linked to cancer. Alex Ossola hosts.

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SEC Sues Musk Over Twitter Stock Buys

Wed, 15 Jan 2025 11:18:00 -0000

Plus: South Korea arrests its impeached president after a long standoff. And, the U.S. blocks imports from 37 more Chinese companies over forced-labor concerns. Kate Bullivant hosts.

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Tech Stocks Drag Down Nasdaq for Fifth Straight Session

Tue, 14 Jan 2025 21:58:00 -0000

U.S. stocks had a choppy trading day ahead of more inflation data and quarterly earnings from big banks. Plus, Meta shares fall after news of coming job cuts. And Eli Lilly stock drops after warnings that sales of diabetes and weight-loss drugs grew slower than expected. Danny Lewis reports.

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Trump Plans Executive Orders to Boost U.S. Fossil Fuels

Tue, 14 Jan 2025 16:57:00 -0000

Plus: The President-elect’s pick for secretary of defense sits for a contentious Senate hearing. U.S. wholesale inflation gauge ticks down in December. And Amazon Web Services announces a $5 billion investment in Mexico. Pierre Bienaimé reports.

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Chinese Officials Weigh TikTok Sale to Elon Musk

Tue, 14 Jan 2025 11:16:00 -0000

Plus: In a now-public report, special counsel Jack Smith says prosecutors believed they had enough evidence to convict Donald Trump over his efforts to overturn his 2020 election loss. And, Israel and Hamas are finalizing a Gaza cease-fire deal. Kate Bullivant hosts.

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Tech Stocks Drive Nasdaq’s Fourth Consecutive Day of Decline

Mon, 13 Jan 2025 22:03:00 -0000

A run-up in bond yields and more AI chip export controls drive down tech stocks. Pershing Square Capital Management proposes $1 billion takeover bid for Howard Hughes Holdings. And Macy’s warns that weak holiday sales hit its year-end revenue. Danny Lewis reports.

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Goldman Reveals New Structure Betting on Financing

Mon, 13 Jan 2025 16:59:00 -0000

Plus: Sonos Chief Executive Patrick Spence is stepping down. Lululemon raises its quarterly revenue targets. Pierre Bienaimé reports.

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China’s Reliance on Exports Grows

Mon, 13 Jan 2025 11:03:00 -0000

Plus: Trump’s pick to head the CIA is expected to push for more aggressive spying operations targeting China. And, strengthening winds keep the fire threat very high as crews continue to battle historic blazes in Los Angeles. Kate Bullivant hosts.

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Investors Brace For Financial Fallout From LA Wildfires

Fri, 10 Jan 2025 22:17:00 -0000

Home insurance companies see stock hits as the blazes continue. Plus, Delta shares soared after the airline reported quarterly results. Danny Lewis reports.

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U.S. Stocks Slide After Surprisingly Strong Jobs Report

Fri, 10 Jan 2025 16:33:00 -0000

Plus: President-elect Donald Trump is sentenced to no punishment for covering up hush money paid to a porn star. And ESPN, Fox Corp., and Warner Bros. Discovery call off their planned Venu Sports joint venture. Pierre Bienaimé reports.

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TikTok Ban Heads to the Supreme Court

Fri, 10 Jan 2025 11:27:00 -0000

Plus: The Supreme Court clears the way for Donald Trump’s criminal sentencing in his hush-money case. And, 10 people are confirmed dead as wildfires continue to rage in Los Angeles. Luke Vargas hosts.

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UBS Nears Large Settlement Over Credit Suisse Tax Case

Thu, 09 Jan 2025 16:26:00 -0000

Plus: Lebanon’s parliament elects Joseph Aoun, a U.S.-trained general, as president. U.S. leaders and five former presidents gather in Washington, D.C., for former President Jimmy Carter’s memorial service. J.R. Whalen reports.

Programming note: Minute Briefing will release its next episode Friday morning.

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Raging Los Angeles Wildfires Leave at Least Five Dead

Thu, 09 Jan 2025 11:36:00 -0000

Plus: U.S. dockworkers and port employers reach a tentative labor deal to avert another shutdown. And, Blackstone is investing $300 million in DDN, its latest bet on artificial intelligence. Luke Vargas hosts.

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Fed Likely to Hold Rates Steady for Now Due to Inflation Concerns

Wed, 08 Jan 2025 22:03:00 -0000

Plus: Johnson & Johnson shares fall after the company paused the use of the heart device, Varipulse, while it investigates the cause of four reported “neurovascular events” in patients. Shares of several quantum computing companies fall sharply after Nvidia CEO Jensen Huang played down the utility of the technology in the near- or medium-term. J.R. Whalen reports.

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Trump Asks Supreme Court to Block Hush-Money Sentencing

Wed, 08 Jan 2025 17:21:00 -0000

Plus: Business confidence in the eurozone declined further in December due to political instability and the threat of U.S. tariffs. Meta Platforms will allow some users to browse eBay listings on Facebook Marketplace. J.R. Whalen reports.

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Los Angeles Wildfires Force Tens of Thousands to Evacuate

Wed, 08 Jan 2025 11:35:00 -0000

Plus: A bill expanding the number of people eligible for deportation passes in the House with bipartisan support. And, Amazon plans to invest at least $11 billion in cloud and AI infrastructure in Georgia. Luke Vargas hosts.

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U.S. Stock Markets Decline Over Inflation Concerns

Tue, 07 Jan 2025 21:40:00 -0000

Plus: Shares of vaccine makers Moderna and Novavax rise after U.S. health officials confirmed the first American death caused by the H5N1 bird flu. Shares of Aurora Innovation, an Nvidia collaborator in self-driving trucks, climb 29%. J.R. Whalen reports.

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Fact-Checking to End on Facebook and Instagram, Meta’s Zuckerberg Says

Tue, 07 Jan 2025 17:03:00 -0000

Plus: The Biden administration is negotiating with the Taliban for the release of three Americans in exchange for an alleged Osama bin Laden associate. Jean-Marie Le Pen, the face of the far-right in France for nearly four decades, has died at age 96. J.R. Whalen reports.

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Pentagon Labels More Chinese Companies as Military in Nature

Tue, 07 Jan 2025 11:26:00 -0000

Plus: Nvidia’s CEO pitches robotics and cars as growth areas. And, the Canadian dollar inches up as investors weigh potential successors to Justin Trudeau. Luke Vargas hosts.

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Nvidia Shares Reach Record High

Mon, 06 Jan 2025 21:53:00 -0000

Plus: Chipmakers AMD, Micron Technology and Broadcom also post gains. Uber shares rise after the ride-hail and food-delivery company announced a $1.5 billion accelerated share-repurchase program. J.R. Whalen reports.

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Canadian Prime Minister Justin Trudeau to Resign

Mon, 06 Jan 2025 17:03:00 -0000

Plus: Disney agrees to combine its Hulu + Live TV streaming service with sports-focused FuboTV. U.S. Steel and Nippon Steel sue over the rejection of their $14.1 billion acquisition deal. J.R. Whalen reports.

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Major Storm Disrupts Flights

Mon, 06 Jan 2025 11:21:00 -0000

Plus: The Biden administration plans $8 billion weapons package for Israel. And, Taiwan’s Foxconn posts record fourth-quarter sales. Luke Vargas hosts.

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Nvidia, Tesla Shares Propel U.S. Stock Markets Higher

Fri, 03 Jan 2025 22:00:00 -0000

Plus: Rivian Automotive shares jump after quarterly deliveries beat expectations. U.S. Steel shares fall after President Biden blocks the company’s sale to Nippon Steel. Mike Johnson is re-elected House speaker. Judge sets Donald Trump hush-money sentencing for Jan. 10. J.R. Whalen reports.

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Biden Blocks Nippon Steel’s Purchase of U.S. Steel

Fri, 03 Jan 2025 16:36:00 -0000

Plus: The U.S. surgeon general said alcoholic beverages should carry cancer warnings. House Republicans are bracing for the possibility that today’s speaker election could go multiple rounds or days. J.R. Whalen reports.

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Boeing Outlines Steps Taken to Address Manufacturing Issues

Fri, 03 Jan 2025 11:19:00 -0000

Plus: Big U.S. banks ditch a climate coalition set up to help curb carbon emissions. And, shares of U.S. Steel drop in offhours trading over reports President Biden plans to block its sale to Nippon Steel. Luke Vargas hosts.

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Apple, Nike, Boeing Shares Drag Dow Lower

Thu, 02 Jan 2025 22:11:00 -0000

Plus: Tesla shares drop on lower delivery figures. MicroStrategy and Coinbase shares rise as bitcoin climbs above $97,000. J.R. Whalen reports.

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FBI: New Orleans Attack Suspect Likely Acted Alone

Thu, 02 Jan 2025 16:57:00 -0000

Plus: Investigators say the man who rented a Tesla Cybertruck that exploded outside the Trump International Hotel in Las Vegas was a 37-year-old U.S. Army servicemember from Colorado. U.S. dockworkers and their employers agree to meet next week to head off a potential strike. J.R. Whalen reports.

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New Orleans Attack Kills at Least 15

Thu, 02 Jan 2025 11:25:00 -0000

Plus: A Cybertruck explodes outside a Trump hotel in Las Vegas, and police isn’t ruling out a connection to the New Orleans violence. And, Chinese EV company BYD posts record sales in December. Luke Vargas hosts.

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U.S. Stocks Post Strong Gains for 2024

Tue, 31 Dec 2024 22:06:00 -0000

Plus: Palantir was the best-performing individual stock in the S&P 500 in 2024. And Bitcoin is up nearly 120% year to date. J.R. Whalen reports.

Programming note: Minute Briefing will release its next episode Thursday morning.

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Tech Stocks Lead U.S. Markets Lower

Mon, 30 Dec 2024 21:33:00 -0000

Plus: Nvidia shares rise after the chipmaker closed its acquisition of Israeli software startup Run:ai. Forecasts calling for unusually cold weather next month drive up stocks of natural-gas producers. J.R. Whalen reports.

Programming note: Minute Briefing will release the Closing Bell Brief Tuesday.

Correction: The next Midday Brief will publish on Thursday, January 2. An earlier version of this podcast incorrectly said a Midday Brief would publish on Tuesday, December 31. (Corrected on December 31.)

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Trump Endorses House Speaker Mike Johnson

Mon, 30 Dec 2024 16:28:00 -0000

Plus: Pending home sales in the U.S. grew for the fourth straight month in November. The U.K.’s antitrust watchdog said it is considering whether IBM’s planned $6.4 billion takeover of HashiCorp would affect competition. J.R. Whalen reports.

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Former President Jimmy Carter Dies at 100

Mon, 30 Dec 2024 11:12:00 -0000

Plus: Investigators probe the deadly crash of a passenger plane in South Korea. And, Donald Trump asks the Supreme Court to pause a looming shutdown of TikTok. Luke Vargas hosts.

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Netflix Scores Big in NFL Debut

Fri, 27 Dec 2024 16:56:00 -0000

Plus: Missiles are now the leading cause of commercial-aviation deaths. And the world’s largest EV-battery maker, CATL, plans a second listing in Hong Kong as part of its global expansion strategy. Luke Vargas hosts.

Programming note: Minute Briefing will release its next episode on Monday morning.

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High Earners Drive Up U.S. Holiday Spending

Thu, 26 Dec 2024 17:04:00 -0000

Plus: U.S. jobless claims fall. And Microsoft raises 365 subscription prices as it tries to profit from its huge AI investments. Luke Vargas hosts.

Programming note: Minute Briefing will release its next episode midday Friday.

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American Airlines Briefly Grounds Flights

Tue, 24 Dec 2024 17:01:00 -0000

Plus: Nippon Steel’s bid to buy U.S. Steel goes to President Biden for review. And, famine spreads to more areas of war-torn Sudan, with hundreds of thousands suffering catastrophic hunger. Luke Vargas hosts.

Programming note: Minute Briefing will release its next episode midday Thursday.

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Nvidia, Chip Stocks Push Nasdaq Higher

Mon, 23 Dec 2024 21:50:00 -0000

Eli Lilly shares rise after the drugmaker said on Friday that the FDA approved its weight-loss drug Zepbound for moderate-to-severe obstructive sleep apnea in adults with obesity. Xerox shares finish higher after the company struck a $1.5 billion deal to buy printer maker Lexmark. J.R. Whalen reports.

Programming note: Minute Briefing will release its next episode midday Tuesday.

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House Ethics Committee Releases Report on Matt Gaetz

Mon, 23 Dec 2024 17:29:00 -0000

Plus: Luigi Mangione pleaded not guilty to state murder charges in the killing of UnitedHealth executive Brian Thompson. Confidence among consumers regarding income, business and the jobs market fell unexpectedly earlier this month. J.R. Whalen reports.

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Honda and Nissan Confirm Merger Plans for 2026

Mon, 23 Dec 2024 11:18:00 -0000

Plus: Xerox nears a deal to buy printer maker Lexmark. And, President Biden commutes the sentences of dozens of death row inmates. Luke Vargas hosts.

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Dow Gains Nearly 500 Points to Regain Some of Week’s Losses

Fri, 20 Dec 2024 21:58:00 -0000

Plus: Netflix shares rise after securing the U.S. streaming rights to show the next two women’s soccer World Cups. Warren Buffett’s Berkshire Hathaway increases its stake in Occidental Petroleum. J.R. Whalen reports.

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House Republicans Racing to Avert Government Shutdown

Fri, 20 Dec 2024 17:41:00 -0000

Plus: U.S. consumer confidence jumped this month. The search for Malaysian Airlines Flight MH370, which disappeared in 2014, has resumed. J.R. Whalen reports.

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GOP Plan to Avoid Shutdown Fails With Hours Before Deadline

Fri, 20 Dec 2024 11:13:00 -0000

Plus: Donald Trump warns the EU to buy more American oil and gas or face tariffs. And, the Food and Drug Administration says knockoff versions of Eli Lilly’s obesity and diabetes drugs must come off the market. Luke Vargas hosts.

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U.S. Stock Markets Finish Mixed

Thu, 19 Dec 2024 21:38:00 -0000

Plus: Darden Restaurants shares rise after the company reported earnings and sales that beat expectations. After the bell, FedEx said it plans to spin off its freight trucking division. J.R. Whalen reports.

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U.S. Home Sales Rose in November

Thu, 19 Dec 2024 16:40:00 -0000

Plus: A Georgia appeals court removed Fulton County D.A. Fani Willis from her election-interference prosecution against Donald Trump. Thousands of Amazon workers went on strike over contract talks and the company’s refusal to recognize the Teamsters labor union. J.R. Whalen reports.

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Trump Torpedoes Government Spending Bill

Thu, 19 Dec 2024 12:10:00 -0000

Plus: The Justice Department is suing CVS Health for the pharmacy chain’s alleged role in the opioid crisis. And, the Bank of Japan holds interest rates steady citing uncertainties in the U.S. outlook. Luke Vargas hosts.

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Dow Drops More Than 1,100 Points After Fed’s Rates Decision

Wed, 18 Dec 2024 21:37:00 -0000

Plus: The yield on the 10-Year Treasury note ticks higher. General Mills shares fall after the breakfast-cereal maker scaled back profit expectations. J.R. Whalen reports.

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Russia Moves Troops, Air-Defense Systems From Syria to Libya

Wed, 18 Dec 2024 16:58:00 -0000

Plus: Boeing has resumed production across its airplane programs, including the 737. The European Union’s drug regulator said it would review a potential link between Novo Nordisk’s diabetes drug, Ozempic, and a rare eye condition. J.R. Whalen reports.

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Honda and Nissan in Merger Talks Amid China Struggles

Wed, 18 Dec 2024 11:27:00 -0000

Plus: Congressional leaders reached a bipartisan deal to avert a partial government shutdown, while providing about $110 billion in disaster and farm aid. And, U.S. authorities investigate Chinese internet router manufacturer TP-Link for possible links to cyberattacks. Luke Vargas hosts.

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U.S. Stocks Markets Fall Over Interest-Rate Concerns

Tue, 17 Dec 2024 21:34:00 -0000

Plus: Apple shares climb to a new record. Pfizer shares rise after the drugmaker released 2025 projections in line with Wall Street’s expectations.

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U.S. Retail Sales Rose 0.7% in November

Tue, 17 Dec 2024 16:54:00 -0000

Plus: The Federal Reserve says U.S. industrial production declined in November for the third straight month. The Biden Administration will provide a record $15 billion low-interest loan commitment to California utility company PG&E. J.R. Whalen reports.

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Ukraine Claims Responsibility for General’s Death in Moscow Bombing

Tue, 17 Dec 2024 12:13:00 -0000

Plus: A New York judge declines to toss out Donald Trump’s hush-money conviction. And, Alibaba shares drop as the tech giant expects a more than $1 billion loss on the sale of a department-store chain. Kate Bullivant hosts.

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Nasdaq Reaches a New Record

Mon, 16 Dec 2024 21:52:00 -0000

Plus: The price of bitcoin hits an all-time high. Shares of Honeywell International climb to a new high mark after the industrial conglomerate said it was considering a potential separation of its aerospace business. J.R. Whalen reports.

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Trump, SoftBank CEO Announce $100 Billion Investment in U.S.

Mon, 16 Dec 2024 16:32:00 -0000

Plus: U.S. economic activity rose in November, marking the highest level of activity in nearly three years. Deposed Syrian leader Bashar al-Assad said he stayed in the country until the regime’s last defenses crumbled, before being evacuated to Russia. J.R. Whalen reports.

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Apple Plans Foldable Phones to Boost Sales

Mon, 16 Dec 2024 11:10:00 -0000

Plus: WHP Global nears a deal to buy wedding-dress maker Vera Wang. And, China’s economy loses momentum, with retail sales growth slowing. Luke Vargas hosts.

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Broadcom Shares Jump 24%; Market Cap Tops $1 Trillion

Fri, 13 Dec 2024 21:37:00 -0000

Plus: Nike and Coca-Cola shares decline amid rising concerns over softer spending by lower-income customers. The yield on the 10-year Treasury note, which often influences mortgage rates, rose by its highest mark since October 2023. J.R. Whalen reports.

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U.S. Ally in Syria Warns About Power Vacuum’s Impact on Fighting ISIS

Fri, 13 Dec 2024 17:29:00 -0000

Plus: Former House Speaker Nancy Pelosi is hospitalized after falling during an overseas trip. McKinsey reaches a settlement with the U.S. Justice Department over its consulting work with opioid producers. J.R. Whalen reports.

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Trump Advisers Weigh Overhaul of Bank Watchdogs

Fri, 13 Dec 2024 11:22:00 -0000

Plus: Jeff Bezos is the latest tech leader to attempt to repair ties with Donald Trump. And, Boeing attempts to speed up 787 Dreamliner production in South Carolina. Luke Vargas hosts.

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U.S. Stock Markets Finish Lower

Thu, 12 Dec 2024 21:08:00 -0000

Plus: Adobe shares fall after the software developer issued a weak financial outlook for its new fiscal year. Bitcoin miner Riot Platforms shares rise following a WSJ report that activist investor Starboard Value has built a significant position in the company. J.R. Whalen reports.

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Biden to Commute Sentences of About 1,500 People

Thu, 12 Dec 2024 17:02:00 -0000

Plus: Warners Bros. Discovery said it plans to restructure into two operating divisions. The European Central Bank lowered interest rates by a quarter point, the third cut in as many meetings. J.R. Whalen reports.

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Hopes Grow for a Gaza Hostage Deal

Thu, 12 Dec 2024 11:41:00 -0000

Plus: The U.S. announces new import tariffs on key China-made materials used in solar cells. And, the Swiss franc weakens against the dollar after Switzerland’s central bank surprises markets with a half-point rate cut. Luke Vargas hosts.

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Nasdaq Closes Above 20000 for First Time

Wed, 11 Dec 2024 21:41:00 -0000

Plus: Alphabet shares rise following Google opening access to the newest version of its AI technology, called Gemini 2.0 Flash Experimental. JetBlue shares climb after the airline said it will install first-class seats, and open its first airport lounges in New York and Boston. J.R. Whalen reports.

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U.S. Inflation Rose to 2.7% in November

Wed, 11 Dec 2024 17:25:00 -0000

Plus: Albertsons sues Kroger a day after a federal judge blocked the $20 billion merger. Macy’s cuts its profit projections for the year. J.R. Whalen reports.

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Trump Nominates Andrew Ferguson to Lead FTC

Wed, 11 Dec 2024 11:06:00 -0000

Plus: General Motors scraps its Cruise robotaxi program after almost a decade of investment. And, the Onion’s deal to buy Infowars unravels. Luke Vargas hosts.

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Kroger-Albertsons Merger Blocked by Federal Judge

Tue, 10 Dec 2024 21:40:00 -0000

Plus: Walgreens shares rise by their largest one-day percentage gain ever after the drug-store chain said it is in talks to sell itself to a private-equity firm. Boeing shares rise after the planemaker said it has restarted production of its 737 MAX jets. J.R. Whalen reports.

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Israel Targets Syrian Naval, Military Assets

Tue, 10 Dec 2024 17:14:00 -0000

Plus: Israeli Prime Minister Benjamin Netanyahu takes the stand to testify in his long-running corruption trial. Brazilian President Luiz Inácio Lula da Silva undergoes emergency brain surgery. J.R. Whalen reports.

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Murdoch Loses Bid to Amend Family Trust

Tue, 10 Dec 2024 11:06:00 -0000

Plus: Canada’s prime minister vows to retaliate if Donald Trump follows through on his pledge to impose a 25% tariff on imports from his country. And, Treasury yields rise amid increased bets of a Fed rate cut this month. Luke Vargas hosts.

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Nvidia Shares Fall on China Antitrust Probe

Mon, 09 Dec 2024 22:00:00 -0000

Plus: T-Mobile shares drop after CEO Mike Sievert warned fourth-quarter subscriber figures could be underwhelming. Hershey's shares rise following a report that Mondelez International approached the chocolate maker about a potential tie-up. J.R. Whalen reports.

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Person of Interest in UnitedHealthcare CEO Killing Taken Into Custody

Mon, 09 Dec 2024 16:44:00 -0000

Plus: China launches an antitrust investigation against U.S. chipmaker Nvidia. Jeep maker Stellantis is shuffling its executive ranks in North America J.R. Whalen reports.

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Assad’s Fall Marks a New Era for Syria

Mon, 09 Dec 2024 11:24:00 -0000

Plus: Activist investor Barington Capital builds a position in Macy’s with an eye on pushing for a real-estate spinoff. And, China’s leaders signal more forceful stimulus and looser monetary policy. Luke Vargas hosts.

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S&P 500, Nasdaq Hit New Records After Jobs Report; Dow Slips

Fri, 06 Dec 2024 22:03:00 -0000

Plus: Uber shares rise after the company said it would make its robotaxis available through its platform in Abu Dhabi. Lululemon Athletica shares jump after the yoga-pants maker raised its financial projections. J.R. Whalen reports.

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U.S. Economy Added 227,000 Jobs in November

Fri, 06 Dec 2024 16:35:00 -0000

Plus: The manhunt for the killer of a UnitedHealth Group executive has entered its third day. A federal appeals court rules that TikTok can be banned in the U.S. over national security concerns. J.R. Whalen reports.

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Trump Picks David Sacks as AI, Crypto Czar

Fri, 06 Dec 2024 11:20:00 -0000

Plus: Trump selects former Georgia Senator David Perdue as his choice for ambassador to China. And the Labor Department readies the release of the November jobs report. Luke Vargas hosts.

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Bitcoin Falls Below $100,000

Thu, 05 Dec 2024 21:38:00 -0000

Plus: The three big U.S. stock indexes finish lower. Boeing shares fall after a federal judge rejected the planemaker’s plea deal with the Justice Department, in a case related to two deadly 737 MAX crashes. J.R. Whalen reports.

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Manhunt Continues for UnitedHealth Executive Killer

Thu, 05 Dec 2024 16:42:00 -0000

Plus: The Syrian government said it was pulling military forces from the city of Hama following fierce fighting with rebels. The combined wealth of U.S. billionaires grew by about 28% last year, to $5.8 trillion, according to UBS. J.R. Whalen reports.

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Trump Picks Tariff Hawk Peter Navarro as Trade Advisor

Thu, 05 Dec 2024 11:15:00 -0000

Plus: Airbus plans to slash around 2,000 defense and space-division jobs. And, Bitcoin breaks the $100,000 ceiling. Kate Bullivant hosts.

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Dow Closes Above 45000 for the First Time

Wed, 04 Dec 2024 21:36:00 -0000

Plus: Salesforce shares rise after the business software provider boosted its annual revenue outlook. Chipotle shares finish higher in response to the restaurant chain raising prices to offset inflation. J.R. Whalen reports.

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Manhunt After UnitedHealth Executive Was Shot and Killed in Manhattan

Wed, 04 Dec 2024 17:25:00 -0000

Plus: The U.S. Commerce Department said orders for manufactured goods rose in October. General Motors said it expects to take a hit of more than $5 billion because of weakness in its China business. J.R. Whalen reports.

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South Korean Leader Faces Impeachment Motion

Wed, 04 Dec 2024 10:58:00 -0000

Plus: Wells Fargo is set to sell its San Francisco headquarters. And, Salesforce shares jump in offhours trading after an outlook upgrade. Kate Bullivant hosts.

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Optimism Grows for an Interest-Rate Cut This Month

Tue, 03 Dec 2024 21:39:00 -0000

Plus: Shares of United States Steel fall after President-elect Donald Trump said he would block the steelmaker's planned sale to Japan’s Nippon Steel. AT&T shares rise after the wireless carrier said it would return more than $40 billion to shareholders. J.R. Whalen reports.

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South Korea’s Parliament Votes to End Martial Law Hours After President Declared Move

Tue, 03 Dec 2024 16:35:00 -0000

Plus: The Labor Department said job openings in the U.S. increased in October. Microsoft faces a $1.27 billion antitrust lawsuit in the U.K. J.R. Whalen reports.

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Delaware Judge Again Rejects Elon Musk’s Tesla Pay Package

Tue, 03 Dec 2024 10:59:00 -0000

Plus: BlackRock agrees to buy private credit manager HPS Investment Partners as it continues to boost its alternative asset pile. And Ukraine’s president signals an openness to ending the war with Russia in exchange for NATO membership. Luke Vargas hosts.

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S&P 500, Nasdaq Climb to New Records

Mon, 02 Dec 2024 21:35:00 -0000

Plus: Super Micro Computer shares rise after the company said a review of its accounting hadn't supported claims made by former auditor Ernst & Young. MicroStrategy said it bought 15,400 bitcoins for cash last week, and holds more than $38 billion worth of the cryptocurrency. J.R. Whalen reports.

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Hunter Biden Pardon Draws Criticism From GOP and Democrats

Mon, 02 Dec 2024 17:37:00 -0000

Plus: U.S. manufacturing activity contracted in November for an eighth straight month. Some U.S. steelmakers support President-elect Donald Trump’s proposed tariffs on Canada and Mexico. J.R. Whalen reports.

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Biden Administration Issues New China Chip Restrictions

Mon, 02 Dec 2024 11:20:00 -0000

Plus: Stellantis CEO Carlos Tavares resigns. And, Black Friday spending suggests a robust start to the holiday shopping season. Kate Bullivant hosts.

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Dell and HP Shares Take a Tumble

Wed, 27 Nov 2024 22:11:00 -0000

Plus: Urban Outfitters sales rise ahead of management expectations. And, Starbucks hits record U.S. sales on Red Cup Day. Charlotte Gartenberg reports.

Programming note: Minute Briefing will be off for the Thanksgiving holiday and will return on Monday morning.

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Jobless Claims Lowest In Over Six Months

Wed, 27 Nov 2024 17:02:00 -0000

Plus: China releases three Americans in U.S.-China prisoner swap. And, a Chinese commercial vessel is suspected of sabotaging data cables in the Baltic Sea. Charlotte Gartenberg reports.

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Trump’s Economic Team Takes Shape

Wed, 27 Nov 2024 11:33:00 -0000

Plus: Shares of HP and Dell Technologies drop after both companies said consumers were proving slow to upgrade PCs. And, SoftBank plans to increase its investment in OpenAI. Luke Vargas hosts.

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U.S. Stock Markets Close Higher, Despite Tariff Threat

Tue, 26 Nov 2024 22:14:00 -0000

Plus: Federal Reserve officials discussed potentially slowing down or pausing interest-rate cuts if progress on lowering inflation stalled, according to minutes from the most recent meeting. Kohl’s shares fall after the retailer reported disappointing earnings and financial projections. J.R. Whalen reports.

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Trump’s Tariff Threat Weakens Canadian, Mexican Currencies

Tue, 26 Nov 2024 17:07:00 -0000

Plus: An obesity-drug candidate from Amgen helped patients lose 20% of their body weight in a midstage study, at the low end of expectations. Walmart plans to end some of its diversity programs under pressure from a conservative activist. J.R. Whalen reports.

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Trump Promises Mexico, Canada and China Tariffs

Tue, 26 Nov 2024 11:12:00 -0000

Plus: Mexico is in a dilemma over a new BYD plant after Donald Trump’s election win. And, the White House proposes a big expansion of obesity-drug coverage by Medicare and Medicaid. Kate Bullivant hosts.

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Dow Rises 440 Points to New Record

Mon, 25 Nov 2024 22:06:00 -0000

Plus: Super Micro Computer shares climb, adding to last week’s rally. Microstrategy purchases $5.4 billion of bitcoin. J.R. Whalen reports.

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Macy’s Says Employee Hid Millions in Expenses

Mon, 25 Nov 2024 16:49:00 -0000

Plus: An aircraft used by global-shipping company DHL crashes in Lithuania in a forced landing. Concrete maker Quikrete Holdings strikes a $9.2 billion deal to acquire Summit Materials. J.R. Whalen reports.

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Trump Picks Scott Bessent for Treasury Secretary

Mon, 25 Nov 2024 11:32:00 -0000

Plus: Italy’s UniCredit launches a bid to buy smaller rival Banco BPM, a deal that would create the eurozone’s biggest bank. And Universal Pictures’ Wicked flies high at the box office. Kate Bullivant hosts.

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Dow Gains More Than 400 Points to Hit New Record

Fri, 22 Nov 2024 21:31:00 -0000

Plus: Shares of Gap climb after the clothing retailer boosted its sales outlook for the year. Bitcoin continues its tear with an 8.5% gain for the week. J.R. Whalen reports.

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U.S. Consumer Sentiment Among Republicans Outpaces Democrats

Fri, 22 Nov 2024 17:09:00 -0000

Plus: Amazon invests another $4 billion in AI startup Anthropic. U.K. regulators suggest investigating Apple and Google over their dominance in smartphones. J.R. Whalen reports.

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Trump Considers Warsh for Treasury Secretary—and Then Fed Chair

Fri, 22 Nov 2024 11:19:00 -0000

Plus: Huawei’s chip advances threaten Apple in China. And DirecTV decides to walk away from its proposed merger with rival Dish Network. Kate Bullivant hosts.

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Alphabet Shares Fall as DOJ Says Google Should Sell Its Chrome Browser

Thu, 21 Nov 2024 21:37:00 -0000

Plus: Nvidia shares climb a day after the chipmaker reported strong sales and profits. Shares of BJ’s Wholesale Club rise following the bulk retailer raising its earnings outlook. J.R. Whalen reports.

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ICC Issues War-Crimes Arrest Warrants for Netanyahu and Gallant

Thu, 21 Nov 2024 17:19:00 -0000

Plus: Existing home sales in the U.S. rose 3.4% in October. Temu owner PDD Holdings posted the slowest revenue growth in more than two years. J.R. Whalen reports.

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DOJ Says Google Should Be Forced to Sell Chrome

Thu, 21 Nov 2024 11:24:00 -0000

Plus: The Justice Department charges Indian Billionaire Gautam Adani with orchestrating a $250 million bribery scheme. And Elon Musk’s xAI says its latest funding round values it at $50 billion. Luke Vargas hosts.

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Nvidia Reports Higher Quarterly Sales and Profits

Wed, 20 Nov 2024 22:06:00 -0000

Plus: Williams-Sonoma shares rise to a new record after the home-products retailer posted higher-than-expected quarterly earnings and boosted its 2024 outlook. Robinhood shares increase on hopes the brokerage will benefit from President-elect Donald Trump’s softer approach to regulation. J.R. Whalen reports.

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Target Shares Plummet After Retailer Reports Disappointing Earnings

Wed, 20 Nov 2024 17:14:00 -0000

Plus: Ford plans to cut 4,000 jobs in Europe. U.S. crude oil inventories rose last week. J.R. Whalen reports.

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Comcast Greenlights Spinoff of NBCUniversal Cable Channels

Wed, 20 Nov 2024 11:35:00 -0000

Plus: Shares in Tokyo Gas soar after Elliott Investment Management discloses a stake in the utility. And, the U.K.’s inflation rate rebounds. Luke Vargas hosts.

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Nvidia Shares Climb Ahead of Earnings Release

Tue, 19 Nov 2024 21:58:00 -0000

Plus: Super Micro Computer shares jump after the server maker submitted a plan to continue trading on the Nasdaq. Bitcoin reaches a record of about $94,000 before slipping later in the trading day. J.R. Whalen reports.

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Ukraine Fires U.S.-Provided Long-Range Missiles Into Russia

Tue, 19 Nov 2024 17:03:00 -0000

Plus: Donald Trump is expected to name Cantor Fitzgerald CEO Howard Lutnick to lead the Commerce Department. Walmart reports U.S. sales rose in the most recent quarter. J.R. Whalen reports.

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Donald Trump Nominates Sean Duffy as Transportation Secretary

Tue, 19 Nov 2024 11:32:00 -0000

Plus: Super Micro Computer submits a plan to allow it to keep trading on the Nasdaq. And, Blackstone is nearing a deal for closely held sandwich chain Jersey Mike’s Subs. Luke Vargas hosts.

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Tesla Shares Rise on Trump Transition Team’s Self-Driving Vehicle Plan

Mon, 18 Nov 2024 22:02:00 -0000

Plus: Super Micro Computer shares jump as the AI server maker submits a plan to the Nasdaq to avoid delisting. Warner Brothers Discovery shares move higher after reaching a legal settlement with the NBA. J.R. Whalen reports.

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Trump Picks Brendan Carr as New FCC Chairman

Mon, 18 Nov 2024 16:59:00 -0000

Plus: The Eurozone’s trade surplus rose in September compared to a year ago, with exports to the U.S. increasing 8.9%. Roblox is adding protections and safeguards for its youngest users about a month after it was accused of favoring growth over child safety. J.R. Whalen reports.

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Discount Airline Spirit Files for Bankruptcy

Mon, 18 Nov 2024 11:23:00 -0000

Plus: Donald Trump nominates Liberty Energy CEO Chris Wright to be his energy secretary. And, Warner Bros. Discovery settles its breach of contract lawsuit against the NBA. Luke Vargas hosts.

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Dow Drops 300 Points as December Interest-Rate Cut Hopes Dim

Fri, 15 Nov 2024 22:14:00 -0000

Plus: Applied Materials shares fall on a lower-than-expected sales outlook. Gold prices continue a post-Election Day slump. J.R. Whalen reports.

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Trump’s RFK Jr. Nomination Weighs on Vaccine, Obesity Stocks

Fri, 15 Nov 2024 17:14:00 -0000

Plus: U.S. retail sales rose in October. Elon Musk ramps up his legal feud with OpenAI and Microsoft. J.R. Whalen reports.

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Some Senate Republicans See Gaetz Nomination as Doomed

Fri, 15 Nov 2024 11:35:00 -0000

Plus: China’s economy shows signs of improvement, but economists warn it will need more help. And, Berkshire Hathaway takes a stake in Domino’s Pizza while mostly selling stocks in the third quarter. Luke Vargas hosts.

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U.S. Stock Markets Fall After Powell’s Comments on Rate Cuts

Thu, 14 Nov 2024 22:06:00 -0000

Plus: Super Micro Computer shares decline after the server maker said it needs more time to file its quarterly report. McDonald’s shares rise after federal health officials said the E. Coli outbreak linked to onions on Quarter Pounders is no longer a safety concern. J.R. Whalen reports.

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U.S. Producer Prices Climbed 0.2% in October

Thu, 14 Nov 2024 16:38:00 -0000

Plus: Disney said its direct-to-consumer business swung to a profit in the September quarter. The European Commission fined Facebook owner Meta over allegations it undermined competition by tying its Marketplace platform to its flagship social-media site. J.R. Whalen reports.

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Republicans Seal House Majority with Arizona Win

Thu, 14 Nov 2024 10:58:00 -0000

Plus: Cantor Fitzgerald CEO Howard Lutnick makes a late play to be appointed as Donald Trump’s Treasury secretary. And, Nvidia plans to roll out computers to power humanoid robots in the first half of 2025. Luke Vargas hosts.

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Wall Street Sees December Rate Cut Despite Higher Inflation

Wed, 13 Nov 2024 21:55:00 -0000

Plus: Amazon shares rise as the e-commerce giant launches a new section to its app “Amazon Haul, to compete with low-cost platforms Temu and Shein. Spotify shares increase to an all-time high after the streaming company reports wider profit margins. J.R. Whalen reports.

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U.S. Inflation Rose to 2.6% in October

Wed, 13 Nov 2024 17:31:00 -0000

Plus: President Joe Biden and President-elect Donald Trump meet at the White House. Republican Senators elect John Thune as the new majority leader. J.R. Walen reports.

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Trump Taps Elon Musk for New Department of Government Efficiency

Wed, 13 Nov 2024 11:33:00 -0000

Plus: Republicans are set to vote in a secret ballot to pick a new Senate leader. And, Spirit Airlines prepares to file for bankruptcy after merger talks with rival Frontier break down. Luke Vargas hosts.

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U.S. Stock Markets Decline as Bond Yields Rise

Tue, 12 Nov 2024 22:12:00 -0000

Plus: UnitedHealth Group shares fall after the Justice Department sued to block its acquisition of Amedisys. Tyson Foods shares rise after the meatpacker reports a turnaround in its chicken business. J.R. Whalen reports.

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Trump Chooses South Dakota Gov. Kristi Noem to Lead DHS

Tue, 12 Nov 2024 17:15:00 -0000

Plus: Activist investor Elliott Investment Management is calling on industrial conglomerate Honeywell to break itself apart. The CEO of Saudi Arabia’s futuristic planned city Neom has abruptly left his role. J.R. Whalen reports.

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Trump Expected to Pick Rubio as America’s Top Diplomat

Tue, 12 Nov 2024 11:36:00 -0000

Plus: Shell wins its appeal against a 2021 ruling that ordered the oil giant to drastically cut its carbon emissions. And, U.S. airlines suspended flights to Haiti after a Spirit Airlines plane appeared to be hit by gunfire. Luke Vargas hosts.

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Dow Closes Above 44000 for First Time

Mon, 11 Nov 2024 21:59:00 -0000

Plus: Tesla stock is the most active in the S&P 500. Cigna shares move higher after the health insurer said it is not seeking to buy Humana. J.R. Whalen reports.

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Trump Names Former Acting ICE Chief Tom Homan as New Border Czar

Mon, 11 Nov 2024 17:08:00 -0000

Plus: FEMA terminates an employee who directed her survivor-assistance team to avoid homes with yard signs supporting President-elect Trump’s campaign. Mattel apologizes for mistakenly printing the URL for an adult-content site on the packaging for dolls tied to the new “Wicked” movie. J.R. Whalen reports.

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Russia Explores Merger of Oil Giants

Mon, 11 Nov 2024 11:28:00 -0000

Plus: Another Canadian port shuts down after Montreal workers reject a fresh pay offer. And, Bitcoin jumps to a fresh high. Luke Vargas hosts.

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Stocks Hit Milestones After Election, Rate Cut

Fri, 08 Nov 2024 21:44:00 -0000

Plus: Nvidia stock joins the Dow Jones Industrial Average. Bitcoin touches $77,000 for the first time. J.R. Whalen reports.

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Racist, Anonymous Texts Sent to Black People in Several U.S. States

Fri, 08 Nov 2024 16:31:00 -0000

Plus: Dutch authorities are investigating an overnight wave of violence against Jews and Jewish sites in Amsterdam. In response to the violence, hedge-fund billionaire Bill Ackman said he wants to terminate the Amsterdam listings of Pershing Square Holdings and Universal Music Group. J.R. Whalen reports.

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China Holds Off on Big Stimulus

Fri, 08 Nov 2024 11:15:00 -0000

Plus: Japan’s finance minister issues a fresh warning after the yen tumbles against the dollar. And, Carl Icahn plans to boost his firm’s war chest, sensing opportunity in the stock market. Kate Bullivant hosts.

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Federal Reserve Cuts Interest Rates by a Quarter Point

Thu, 07 Nov 2024 22:06:00 -0000

Plus: S&P 500 and Nasdaq climb to record highs. After the bell, EV startup Rivian Auto motive said a part shortage hampered Q3 production, but indicated it is on track to report its first-ever gross profit by year’s end. J.R. Whalen reports.

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Biden Promises Peaceful Transfer of Power to Trump

Thu, 07 Nov 2024 17:13:00 -0000

Plus: The Federal Reserve is expected to cut interest rates by 0.25% today. Stellantis said it will cut 1,100 jobs at an Ohio plant which produces Jeep vehicles as early as the first week in January. J.R. Whalen reports.

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Nissan Slashes Jobs, Production Capacity

Thu, 07 Nov 2024 11:10:00 -0000

Plus: TikTok’s Canadian arm is ordered to dissolve business operations over national security concerns. And, Germany’s governing coalition collapses, sending European bonds lower. Luke Vargas hosts.

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Dow Climbs More Than 1,500 Points on Trump Victory

Wed, 06 Nov 2024 22:10:00 -0000

Plus: Several big bank stocks rise on hopes of easing regulation and higher interest income. Bitcoin and several crypto-related stocks advance. J.R. Whalen reports.

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Trump Victory Sparks Wall Street Rally

Wed, 06 Nov 2024 16:34:00 -0000

Plus: Democrats’ chances to gain control of the House of Representatives appear to have faded. The new CEO of CVS Health promises a reorganization of the company, including new leadership at its Aetna insurance unit. J.R. Whalen reports.

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Trump Victory Sends Dollar and Treasury Yields Soaring

Wed, 06 Nov 2024 11:32:00 -0000

Plus: Tesla shares surge in off-hours trading. And, AI search company Perplexity is finalizing a funding round that would see its valuation triple. Kate Bullivant hosts.

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Dow Gains More Than 400 Points

Tue, 05 Nov 2024 21:18:00 -0000

Plus: AstraZeneca London shares fall following a report that a Chinese investigation of the drug company has widened. Bitcoin briefly climbs back above $70,000. J.R. Whalen reports.

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Election Day in the U.S.: A Divided Nation Chooses a President

Tue, 05 Nov 2024 16:30:00 -0000

Plus: U.S. services activity accelerated in October, fueled by high employment levels. Lower production by French manufacturers in September threatens a bleak end to the year for the European manufacturing sector. J.R. Whalen reports.

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Harris Campaign Expects Results from Three Swing States Tonight

Tue, 05 Nov 2024 10:44:00 -0000

Plus: Boeing’s machinists union votes to end a nearly eight-week strike. And, Chinese stocks rise on signs that more aggressive economic stimulus could be paying off. Kate Bullivant hosts.

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Berkshire Hathaway Shares Decline on Lower Earnings Report

Mon, 04 Nov 2024 22:07:00 -0000

Plus: Boeing shares edge higher as the plane maker’s union of machinists votes on a labor deal. After the bell, Palantir shares rise after the software company reported better-than-expected quarterly earnings. J.R. Whalen reports.

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Traders Adjust Investments Ahead of U.S. Presidential Election

Mon, 04 Nov 2024 17:02:00 -0000

Plus: U.S. semiconductor industry is working to remove Chinese companies from supply chains. Music producer and composer Quincy Jones has died at age 91. J.R. Whalen reports.

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Oil Prices Rise After Iran Signals Stronger Response to Israeli Strike

Mon, 04 Nov 2024 11:08:00 -0000

Plus: TGI Fridays files for bankruptcy. And, Berkshire Hathaway slashes its stake in Apple once again. Kate Bullivant hosts.

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U.S. Stocks Gain After October Jobs Report

Fri, 01 Nov 2024 20:39:00 -0000

Plus: Amazon shares rise after the tech giant reported strong cloud revenue. Cardinal Health shares increase after the drug distributor said the greater use of anti-obesity drugs fueled a double-digit quarterly sales increase. J.R. Whalen reports.

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U.S. Economy Added 12,000 Jobs in October

Fri, 01 Nov 2024 15:41:00 -0000

Plus: Exxon Mobil and Chevron post reduced third-quarter profits as lower prices test oil companies' resilience. Iran signals it will respond to last weekend’s Israeli strikes on Iranian military and missile-production sites. J.R. Whalen reports.

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Boeing Makes Third Offer to End Machinists Strike

Fri, 01 Nov 2024 09:49:00 -0000

Plus: Bud Light’s owner says U.S. sales have bounced back after more than a year of being hammered by a boycott. And, a gauge of China’s manufacturing activity paints shows tentative signs of recovery. Kate Bullivant hosts.

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Apple Reports Record Revenue, Boosted by iPhone Sales

Thu, 31 Oct 2024 20:57:00 -0000

Plus: Nasdaq selloff triggered by concerns over earnings reports from Microsoft and Meta Platforms. Ford shares fall after the automaker said it is halting electric F-150 Lightning truck production due to declining demand. J.R. Whalen reports.

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Comcast to Explore Spinning Off Its Cable Networks

Thu, 31 Oct 2024 15:24:00 -0000

Plus: Stellantis said efforts to bring down the number of cars held at U.S. dealers is running ahead of schedule. An investigation involving a top executive at drugmaker AstraZeneca is the latest to unsettle foreign companies in China. J.R. Whalen reports.

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Musk Ordered to Attend Court Hearing Over $1 Million Giveaways

Thu, 31 Oct 2024 10:38:00 -0000

Plus: Samsung’s flagship chip business posts lower third-quarter earnings. And, Starbucks promises U.S. customers not to raise prices over the coming year. Kate Bullivant hosts.

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Microsoft, Meta Platforms Report Higher Quarterly Revenue

Wed, 30 Oct 2024 20:59:00 -0000

Plus: Alphabet shares rise a day after the Google parent reported strong financial results. Super Micro Computer shares plummet after Ernst & Young resigns as its auditor. J.R. Whalen reports.

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U.S. Economy Grew by 2.8% in Q3

Wed, 30 Oct 2024 15:21:00 -0000

Plus: Ernst & Young resigns as the auditor for Super Micro Computer. Flash floods in southeastern Spain have killed more than 70 people. J.R. Whalen reports.

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Trump Treasury Contender Pledges to Slash Spending

Wed, 30 Oct 2024 10:22:00 -0000

Plus: UBS earnings beat expectations as the Credit Suisse integration progresses. And, AMD shares slip despite earnings that showed high demand for its chips. Kate Bullivant hosts.

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Alphabet Says Revenue Rose 15% Last Quarter

Tue, 29 Oct 2024 21:13:00 -0000

Plus: Visa shares fall after the payments company said it plans to lay off around 1,400 workers by the end of the year. Bitcoin crosses $72,000, its highest level since March. J.R. Whalen reports.

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WSJ Analysis: X Algorithm Feeds Users Political Content

Tue, 29 Oct 2024 16:48:00 -0000

Plus: Kamala Harris will speak to middle-class families in a speech from the Ellipse in Washington, D.C., today. Pfizer reports upbeat earnings as it fends off activist investor Starboard Value. J.R. Whlen reports.

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Bezos Defends Washington Post Decision Not to Back a Presidential Candidate

Tue, 29 Oct 2024 10:00:00 -0000

Plus: Israel cuts ties with the United Nations agency for Palestinian refugees. And, Treasury yields rise on the prospect of a rising federal deficit. Kate Bullivant hosts.

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Oil Prices Notch Their Biggest Drop Since 2022

Mon, 28 Oct 2024 21:11:00 -0000

Plus: Boeing shares fall after the aerospace giant announced a plan to raise $19 billion in stock offerings. After the bell, Ford reports Q3 net income declined sharply. J.R. Whalen reports.

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Boeing Plans to Raise $19 Billion Through Stock Sales

Mon, 28 Oct 2024 16:26:00 -0000

Plus: Volkswagen’s work council said the automaker plans to shut at least three factories in Germany to cut costs. U.S. Treasury Secretary Janet Yellen and several global counterparts urge Israel to approve a waiver that would continue to allow Palestinian and Israeli banks to correspond. J.R. Whalen reports.

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Oil Drops Following Israeli Strikes on Iran

Mon, 28 Oct 2024 10:20:00 -0000

Plus: Japan’s ruling Liberal Democratic Party loses its absolute majority, creating uncertainty about its leadership. And, McDonald’s beef is ruled out as the source of an E. coli outbreak linked to the chain’s Quarter Pounders. Kate Bullivant hosts.

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Tech Stocks Lift Nasdaq While Other Indexes Snap Weekly Winning Streaks

Fri, 25 Oct 2024 20:45:00 -0000

Plus: HCA Healthcare stock falls after the hospital chain warns of losses stemming from Hurricanes Helene and Milton. And Deckers Outdoor jumps more than 10% thanks to strong Hoka shoe sales. Danny Lewis hosts.

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Elon Musk Has Been in Regular Contact With Vladimir Putin

Fri, 25 Oct 2024 15:58:00 -0000

WSJ exclusively reports the world’s richest person had secret conversations with one of America’s chief adversaries. Plus: the owner and operator of the container ship that crashed into a critical Baltimore bridge will pay more than $100 million to settle a federal lawsuit. Danny Lewis hosts.

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VW Pitches Electric Pickups to American Drivers

Fri, 25 Oct 2024 10:33:00 -0000

Plus: Capri shares plunge in off-hours trading after a federal court blocks its acquisition by rival Tapestry. And discount carrier Spirit Airlines plans job cuts and plane sales to reduce costs. Luke Vargas hosts.

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Surprisingly Strong Earnings for Tesla Boosts Tech Stocks

Thu, 24 Oct 2024 20:57:00 -0000

Plus: Fresh data showed new signs of a strong U.S. economy. UPS posts first gains in quarterly revenue and earnings in more than a year. And IBM shares fall after its latest results showed gains in AI offset by weakness elsewhere in its business. Danny Lewis hosts.

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U.K. Regulators Are Probing Google’s $2 Billion Anthropic Investment

Thu, 24 Oct 2024 15:58:00 -0000

Plus: Southwest Airlines strikes deal to end feud with activist investor. And Keurig Dr Pepper says it will buy energy-drink maker Ghost for more than $1 billion. Danny Lewis hosts.

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Striking Boeing Workers Reject New Contract

Thu, 24 Oct 2024 10:14:00 -0000

Plus: A new national WSJ poll shows Donald Trump leading Kamala Harris. And Unilever’s sales grow as consumers return to its branded products. Luke Vargas hosts.

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Big Tech Earnings Drag U.S. Stocks Down

Wed, 23 Oct 2024 21:02:00 -0000

Plus: Boeing shares fall after logging its biggest quarterly loss since 2020. Spirit Airlines soars after WSJ report of renewed merger talks with Frontier Airlines. And McDonalds stock drops after CDC linked Quarter Pounders to an E. coli outbreak. Danny Lewis hosts.

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U.S. Home Sales on Track for Worst Year Since 1995. Again.

Wed, 23 Oct 2024 16:00:00 -0000

Plus: Boeing posts more than $6 billion in quarterly losses. Several people have been killed in a suspected terror attack at a major defense facility in Turkey. And the U.S. says that thousands of North Korean troops are conducting military training in Russia. Danny Lewis hosts.

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Frontier Explores Renewed Bid for Spirit Airlines

Wed, 23 Oct 2024 10:33:00 -0000

Plus: McDonald’s Quarter Pounders are linked to an E. coli outbreak across 10 states. And Starbucks shares drop after the coffee chain suspends its guidance. Luke Vargas hosts.

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U.S. Stocks Mixed After A New Day of Fresh Earnings

Tue, 22 Oct 2024 21:36:00 -0000

Plus: General Motors continues stock buyback spree after latest earnings surged past expectations. Philip Morris International logs record revenue and earnings. And Verizon shares fall after a sharp drop in new postpaid wireless connections. Danny Lewis hosts.

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Former Abercrombie CEO Arrested and Charged in Sex-Trafficking Case

Tue, 22 Oct 2024 16:34:00 -0000

Plus: The IMF says that the U.S. economy is leading the world again. And India-China ties may see a thaw four years after border skirmish froze relations.

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HSBC Shakes Up Structure

Tue, 22 Oct 2024 10:06:00 -0000

Plus: An activist investor pushes Cheesecake to spin off some of its brands. And Saab boosts its bottom line thanks to defense spending. Luke Vargas hosts.

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S&P 500 Losses Break Banner Six-Week Winning Stretch

Mon, 21 Oct 2024 21:06:00 -0000

Plus: All eyes are on earnings this week. Nvidia tops $3.5 trillion for the first time. And Boeing shares rally after tentative agreement with its machinists union. Danny Lewis hosts.

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Disney Lays Out Succession Plans For Bob Iger

Mon, 21 Oct 2024 16:05:00 -0000

Plus: Bed Bath & Beyond stores will return after bankruptcy closures. And the U.S. Defense Secretary announces new military aid to Ukraine in surprise visit. Danny Lewis hosts.

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Musk Offers $1 Million Daily Prize for Signing Petition

Mon, 21 Oct 2024 10:20:00 -0000

Plus: Boeing and its machinists union reach a deal, now its members must vote on it. And, activist investor Starboard targets Tylenol maker Kenvue. Luke Vargas hosts.

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U.S. Stocks End the Week Higher

Fri, 18 Oct 2024 21:06:00 -0000

Plus: Netflix shares hit a record high following its most profitable quarter ever. And CVS Health fell after the healthcare giant replaced its CEO and warned on earnings. Plus, french fry producer Lamb Weston’s shares soar. Danny Lewis hosts.

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CVS Gets a New CEO Amid Lowered Earnings Expectations

Fri, 18 Oct 2024 16:21:00 -0000

Plus: Federal regulators are investigating Tesla’s self-driving software after a fatal crash. And U.S. Cellular sells hundreds of millions of spectrum licenses to Verizon. Danny Lewis hosts.

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China’s Economic Growth Cools in the Third Quarter

Fri, 18 Oct 2024 10:12:00 -0000

Plus: Main commercial banks in China cut their deposit rates for a second time this year. And, Hyundai Motor’s India unit is set to raise more than $3 billion in the country’s largest IPO. Kate Bullivant hosts.

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Netflix Adds 5 Million Subscribers in Q3, Reports Improved Profits

Thu, 17 Oct 2024 21:11:00 -0000

Plus: Shares of Travelers help push the Dow to a new record. Several chipmaker stocks rise after Taiwan Semiconductor Manufacturing reports strong AI demand. J.R. Whalen reports.

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Israel Says it Has Killed Leader of Hamas

Thu, 17 Oct 2024 16:48:00 -0000

Plus: U.S. retail sales rose in September, beating expectations. The European Central Bank lowered its interest rates to counteract flagging growth. J.R. Whalen hosts.

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McKinsey Cuts Hundreds of Jobs in China Overhaul

Thu, 17 Oct 2024 10:17:00 -0000

Plus: Elon Musk taps a close confidant for a top executive role at Tesla. And, TSMC reports record net profit, boosting chip stocks. Kate Bullivant hosts.

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Bank, Airline Shares Gain While Dow Hits New Record

Wed, 16 Oct 2024 21:07:00 -0000

Plus: Morgan Stanley shares reach an all-time high after the bank reports strong earnings. Shares of nuclear power companies surge after Amazon said it would work with utilities to explore deploying small modular reactors. J.R. Whalen reports.

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Morgan Stanley Reports Strong Results As Dealmaking Strengthens

Wed, 16 Oct 2024 16:13:00 -0000

Plus: Novavax says the FDA rejected its combination Covid-19 and flu vaccine because of a “serious adverse event” in a clinical-trial participant. Elon Musk’s SpaceX sues California regulators for voting down a request to allow more of the company’s rocket launches there. J.R. Whalen reports.

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Economists Grow More Upbeat on U.S. Economy, WSJ Poll Shows

Wed, 16 Oct 2024 10:04:00 -0000

Plus: Jeep maker Stellantis says deliveries fell 20% in the third quarter. And, shares in Louis Vuitton maker LVMH slump after disappointing earnings. Kate Bullivant hosts.

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U.S. Stocks Finish Lower As Chip Stocks Slide

Tue, 15 Oct 2024 20:36:00 -0000

Plus: Apple shares rise after the company launched a new iPad Mini that is built for use with Apple Intelligence AI tools. Global oil prices decline after Israel assured the Biden Administration that it wouldn't target Iran's oil or nuclear facilities in a planned attack. J.R. Whalen reports.

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Boeing Aims to Raise $10 Billion in Stock Offering

Tue, 15 Oct 2024 16:02:00 -0000

Plus: Goldman Sachs reports a sharp increase in quarterly earnings. UnitedHealth warns its 2025 financial results will likely fall short of Wall Street’s early expectations. J.R. Whalen reports.

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Harris Announces Policies Targeting Black Male Voters

Tue, 15 Oct 2024 10:24:00 -0000

Plus: Google backs the construction of seven small nuclear-power reactors to supply it with power. And, oil prices fall on the prospect of a more limited Israeli counter-strike against Iran. Kate Bullivant hosts.

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Dow Closes Above 43000 for First Time

Mon, 14 Oct 2024 21:03:00 -0000

Plus: Nvidia shares rise, helping push the S&P 500 to a new record. Warren Buffett’s Berkshire Hathaway increases its stake in Sirius XM. J.R. Whalen reports.

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Nobel for Economics Awarded for Study in Prosperity Between Countries

Mon, 14 Oct 2024 15:56:00 -0000

Plus: China has concluded “around-the-clock” military drills around Taiwan. Barclays will replace Goldman Sachs as the exclusive issuer of General Motors credit cards next year. J.R. Whalen reports.

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Economists See Inflation Higher Under Trump

Mon, 14 Oct 2024 10:00:00 -0000

Plus: SpaceX shows progress in making core components of its Starship missions reusable. And, China keeps the world guessing on the size of its planned fiscal stimulus. Kate Bullivant hosts.

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Strong Bank Earnings Push Dow, S&P 500 to New Highs

Fri, 11 Oct 2024 20:35:00 -0000

Plus: Tesla shares fall after investors were disappointed by the EV maker’s reveal of its robotaxi. After the bell, Boeing said it would cut its global workforce by 10% amid a machinists strike. J.R. Whalen reports.

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JPMorgan Chase: U.S. Economy Has Achieved a Soft Landing

Fri, 11 Oct 2024 15:36:00 -0000

Plus: U.S. consumer sentiment dipped last month over inflation frustrations. September’s producer-price index was unchanged compared to August. J.R. Whalen reports.

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Musk Unveils Tesla’s Driverless Robotaxi

Fri, 11 Oct 2024 10:04:00 -0000

Plus: The CEO of Jeep maker Stellantis will retire in early 2026, as the car maker reshuffles its ranks. And, Chinese state media report a jump in home viewings and sales in China’s biggest cities over the past few days. Kate Bullivant hosts.

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Stocks Dip as Inflation Continues Bumpy Decline

Thu, 10 Oct 2024 21:14:00 -0000

All three major indexes fall after mixed consumer-price data. Plus: TD Bank stock falls after settling charges it failed to properly monitor for criminal money laundering. Tesla shares drift down ahead of robotaxi announcement. And, Delta Air Lines drops amid disappointing third-quarter earnings. Danny Lewis hosts.

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U.S. Inflation Eased to 2.4% in September

Thu, 10 Oct 2024 15:35:00 -0000

Plus: Social Security recipients will receive the smallest cost-of-living increase in four years in 2025. The Nobel Prize in literature has been awarded to South Korean author Han Kang. J.R. Whalen reports.

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Hurricane Milton Leaves More Than 3 Million Without Power

Thu, 10 Oct 2024 10:06:00 -0000

Plus: Donald Trump pledges to end “double taxation” on Americans who live abroad. And, TD Bank faces $3 billion in penalties and growth restrictions as part of a settlement in the U.S. Kate Bullivant hosts.

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Dow, S&P 500 Reach New Records

Wed, 09 Oct 2024 20:33:00 -0000

Plus: Alphabet shares fall in response to the Justice Department considering splitting up Google to end what it called an unlawful monopoly in search. Arcadium Lithium shares rise sharply after mining company Rio Tinto agreed to buy the company for $6.7 billion. J.R. Whalen reports.

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Hurricane Milton Expected to Make Landfall in Florida Tonight

Wed, 09 Oct 2024 16:11:00 -0000

Plus: Negotiations between Boeing and its striking machinists union have broken down. The Nobel Prize in chemistry has been awarded to a trio of scientists for their work to crack the code of proteins. J.R. Whalen reports.

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Antitrust Officials Weigh Splitting Up Google

Wed, 09 Oct 2024 10:07:00 -0000

Plus: Social-media platform X gets permission to resume operations in Brazil after Elon Musk makes key concessions. And, Rio Tinto agrees to a multi-billion-dollar takeover of Arcadium Lithium. Kate Bullivant hosts.

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Nvidia Shares Rise on Strong Demand for Blackwell AI Chips

Tue, 08 Oct 2024 19:49:00 -0000

Plus: Boeing shares decline after the FAA warns airlines about rudder equipment on its 737 jets. Warren Buffett’s Berkshire Hathaway sells another $383 million of Bank of America shares. J.R. Whalen reports.

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Hezbollah Launches More Than 100 Rockets Into Northern Israel

Tue, 08 Oct 2024 16:02:00 -0000

Plus: Short-selling firm Hindenburg Research said the videogame platform Roblox has reported inflated user metrics to investors and has favored growth over child safety. Roblox said its platform is safe. The Nobel Prize in physics was awarded to a pair of scientists for their discoveries and inventions that formed the building blocks of machine learning. J.R. Whalen reports.

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Google Told to Make it Easier for App Stores to Compete on Android

Tue, 08 Oct 2024 09:47:00 -0000

Plus: Samsung projects a sharp slowdown in earnings growth for the next quarter. And, European drinks stocks fall after China imposes antidumping tariffs on brandy. Azhar Sukri hosts.

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Dow Falls Nearly 400 Points on Middle East, Oil-Price Concerns

Mon, 07 Oct 2024 20:33:00 -0000

Plus, Pfizer shares rise on a WSJ report that activist Starboard Value has taken a roughly $1 billion stake in the company. Amazon shares decline after the stock was downgraded by Wells Fargo analysts. J.R. Whalen reports.

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Hurricane Milton Closing in on Florida as Category 5 Storm

Mon, 07 Oct 2024 15:50:00 -0000

Plus: New York City’s deputy mayor is the latest aide to Mayor Eric Adams, who has been indicted on corruption charges, to resign. The Nobel Prize for Medicine is awarded to a pair of scientists for their discovery of microRNA, tiny molecules that play an important role in gene regulation. J.R. Whalen reports.

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Big Oil Urges Trump to Keep Biden’s Climate Law

Mon, 07 Oct 2024 10:20:00 -0000

Plus: Activist investor Starboard Value takes a roughly $1 billion dollar stake in Pfizer. And, mining giant Rio Tinto is in talks to buy Arcadium Lithium, sending its stock soaring. Azhar Sukri hosts.

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Dow Hits New Record on Strong September Jobs Report

Fri, 04 Oct 2024 20:58:00 -0000

Plus: Spirit Airlines shares drop sharply after a WSJ report that it has been in discussions with bondholders over the terms of a potential bankruptcy filing. After the bell, Air Products shares rise after we reported that activist investor Mantle Ridge had built a stake worth more than $1 billion in the company. J.R. Whalen reports.

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U.S. Employers Added 254,000 Jobs in September

Fri, 04 Oct 2024 16:12:00 -0000

Plus: Jeep-maker Stellantis is taking drastic measures to shore up the company’s finances as it tries to trim costs. The European Union votes to impose tariffs of up to 45% on Chinese-made electric vehicles. J.R. Whalen reports.

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U.S. Dockworkers Agree to Return to Work After 62% Pay Rise Deal

Fri, 04 Oct 2024 10:12:00 -0000

Plus: Spirit Airlines explores a bankruptcy filing. And, economists polled by the Journal expect today’s jobs report to show the U.S. adding 150,000 jobs in September. Azhar Sukri hosts.

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U.S. Stocks Fall Amid Concerns Over Middle East Instability

Thu, 03 Oct 2024 21:03:00 -0000

Plus: Nvidia shares rise after CEO Jensen Huang said demand for the new Blackwell chip is strong. EVgo shares surge after the charging startup received a roughly $1 billion loan commitment from the U.S. Energy Department. J.R. Whalen reports.

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U.S. Services Activity Accelerated More Than Expected in September

Thu, 03 Oct 2024 15:39:00 -0000

Plus: More Americans filed for initial jobless benefits last week. The FDA says Eli Lilly has resolved the shortage of its Tirzepatide diabetes and weight-loss drug. J.R. Whalen reports.

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Musk Gave Tens of Millions to Republican Causes Far Earlier Than Previously Known

Thu, 03 Oct 2024 10:15:00 -0000

Plus: Special counsel Jack Smith’s road map for a federal prosecution of former President Donald Trump on election-interference charges is unsealed. And, oil prices edge up amid continued fears of a widening conflict in the Middle East. Azhar Sukri hosts.

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U.S. Stocks Edge Higher as Private Sector Snaps Jobs Slowdown

Wed, 02 Oct 2024 21:04:00 -0000

Plus: Humana shares fall after the company warned about a steep drop in the federal government’s quality ratings of its medicare plans. Conagra shares decline after the foodmaker reported lower quarterly sales. J.R. Whalen reports.

Correction: Humana shares fell 12% on Wednesday. An earlier version of this podcast incorrectly said they rose 12%. (Corrected on October 2)

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Israeli Forces Battle Hezbollah Inside Lebanon

Wed, 02 Oct 2024 16:24:00 -0000

Plus: Tesla said its EV deliveries rose in the third quarter. JPMorgan Chase plans to open nearly 100 branches in low-income and rural areas around the country. J.R. Whalen reports.

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Israel Weighs Response to Iranian Missile Barrage

Wed, 02 Oct 2024 10:52:00 -0000

Plus: Saudi Arabia’s oil minister warns of falling oil prices if OPEC+ members don’t stick to production limits. And, the White House pushes for striking dockworkers and business owners to get back to the negotiating table. Kate Bullivant hosts.

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U.S. Stock Markets Fall After Iranian Attack on Israel

Tue, 01 Oct 2024 21:04:00 -0000

Plus: Apple shares decline after a Barclays analyst raises concerns about iPhone 16 demand. Super Micro Computer shares finish lower after the company’s 10-for-1 stock split takes effect. J.R. Whalen reports.

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White House: Iran Preparing to Launch Missile Attack on Israel

Tue, 01 Oct 2024 15:52:00 -0000

Plus: Auto-industry forecasters expect third-quarter U.S. vehicle sales to come in roughly flat compared with a year earlier. Charles Schwab president Rick Wurster has been named new CEO, replacing current chief executive Walt Bettigner on Jan. 1. J.R. Whalen reports.

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Dockworkers From Maine to Texas Go on Strike

Tue, 01 Oct 2024 10:02:00 -0000

Plus: Israel sends troops into Lebanon, escalating its fight with Hezbollah. And Stellantis recalls more than 150,000 hybrid Jeeps over fire risk. Kate Bullivant hosts.

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U.S. Stocks Finish Out a Strong September

Mon, 30 Sep 2024 21:02:00 -0000

Plus: GM and Ford shares fall after rival Stellantis lowers its earnings forecast. GE Healthcare shares finish higher after U.S. regulators OK an injection from the company for detecting coronary artery disease. J.R. Whalen reports.

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NYC Mayor Eric Adams Asks Judge to Throw Out Bribery Charge

Mon, 30 Sep 2024 16:01:00 -0000

Plus: Stellantis is the latest automaker to warn of challenges in the U.S. car market. Verizon strikes a $3.3 billion deal to sell thousands of wireless communication towers to Vertical Bridge. J.R. Whalen reports.

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Israeli Special Forces Conduct Raids Into Lebanon

Mon, 30 Sep 2024 10:55:00 -0000

Plus: California Gov. Gavin Newsom vetoes a controversial artificial-intelligence safety bill. And, Chinese stocks extend their rally after fresh measures to help the economy are introduced. Kate Bullivant hosts.

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Dow Hits New Record on Key Inflation Measure

Fri, 27 Sep 2024 20:46:00 -0000

Plus: Costco shares fall after the retailer’s revenue misses Wall Street estimates. Bristol Myers-Squibb shares rise after the FDA approves its new treatment for schizophrenia patients. J.R. Whalen reports.

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Fidelity Limits Some Deposits in Response to Fraud Scheme

Fri, 27 Sep 2024 16:28:00 -0000

Plus: Amazon will stockpile opioid overdose medication across its warehouse network. Maggie Smith, best known for her role in “Downton Abbey,” has died at 89. J.R. Whalen reports.

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DirecTV and Dish Are Nearing a Deal

Fri, 27 Sep 2024 10:25:00 -0000

Plus: U.S. safety officials flag a potential hazard in around 350 of Boeing’s 737 planes. And, Chinese stocks have their best week in years as Beijing signals it will do more to prop up the economy. Luke Vargas hosts.

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Strong Economic Data Pushes U.S. Stocks Higher

Thu, 26 Sep 2024 20:31:00 -0000

Plus: Super Micro Computer shares fall as the server maker is being investigated by the Justice Department. Average mortgage rates decline to their lowest level in two years. J.R. Whalen reports.

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New York City Mayor Eric Adams Charged With Bribery, Fraud

Thu, 26 Sep 2024 17:00:00 -0000

Plus: The Justice Department is investigating Super Micro Computer accusing the AI server maker of accounting violations. Southwest Airlines says it will start selling tickets for assigned seats and seats with extra legroom next year. J.R. Whalen reports.

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OpenAI Plans to Become For-Profit Company

Thu, 26 Sep 2024 08:57:00 -0000

Plus: China’s top leaders convene in a surprise meeting to discuss stimulus measures. And, spirit maker Diageo warns of continued challenges as consumers remain cautious. Luke Vargas hosts.

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Micron Reports Strong Quarterly Earnings Due to AI Demand

Wed, 25 Sep 2024 20:37:00 -0000

Plus: Amgen shares decline following disappointing results from a late-stage study of a drug that would treat a type of eczema. Berkshire Hathaway sold $863 million of Bank of America shares from Friday through Tuesday. J.R. Whalen reports.

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China-Linked Hackers Breach U.S. Internet Providers

Wed, 25 Sep 2024 16:30:00 -0000

Plus: Democratic presidential nominee Kamala Harris is expected to outline her proposed economic policy today. Google said it has filed a formal complaint against Microsoft with the European Union’s top antitrust regulator over its cloud-computing business. J.R. Whalen reports.

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Israel Intercepts Hezbollah Missile Fired at Tel Aviv

Wed, 25 Sep 2024 10:19:00 -0000

Plus: a Senate report looking into the attempted assassination of Donald Trump in July details widespread security failings in the Secret Service. And, China’s central bank makes another rate cut, adding to a slew of monetary easing measures. Luke Vargas hosts.

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U.S. Stocks Rise on Chinese Stimulus Plan

Tue, 24 Sep 2024 21:09:00 -0000

Plus: Visa shares fall after the Justice Department sued the company for antitrust violations. Deere shares rise after Donald Trump threatened, if elected, to slap 200% tariffs on the farm-equipment maker if it sold products made in Mexico. J.R. Whalen reports.

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Trump Plans to Recruit Foreign Manufacturers to Move to U.S.

Tue, 24 Sep 2024 16:51:00 -0000

Plus: The SEC fines 12 companies for failing to maintain proper recordkeeping. Beijing says it is investigating the owner of Calvin Klein and Tommy Hilfiger, for alleged discrimination against products from the Xinjiang region. J.R. Whalen reports.

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China’s Stimulus Measures Lift Global Stocks

Tue, 24 Sep 2024 10:31:00 -0000

Plus: Donald Trump issues fresh tariff threats, targeting Deere. And, Hawaiian Electric Industries shares slump on plans for a stock sale. Luke Vargas hosts.

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Dow, S&P 500 Climb to New Records

Mon, 23 Sep 2024 19:30:00 -0000

Plus: Boeing shares increase after the jet maker offered a 30% raise over four years to its striking machinists union. Intel shares move higher on a report that private-equity firm Apollo offered to make a multi-billion investment in the company. J.R. Whalen reports.

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Alleged Trump Gunman Left Note About Assassination Attempt

Mon, 23 Sep 2024 16:25:00 -0000

Plus: California’s Attorney General sues Exxon for misleading the public over the recyclability of plastics. Israeli airstrikes targeting Hezbollah killed more than 270 people and wounded 1,000 across Lebanon. J.R. Whalen reports.

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TSMC, Samsung Discuss Megafactories in U.A.E.

Mon, 23 Sep 2024 10:37:00 -0000

Plus: Australia’s REA Group increases its bid for U.K. real-estate listing platform Rightmove. And China’s central bank trims one of its short-term policy rates to boost the economy. Azhar Sukri hosts.

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Qualcomm Approached Intel About a Takeover Offer in Recent Days

Fri, 20 Sep 2024 20:49:00 -0000

Plus: Nike shares climb after the sneaker company said chief executive John Donahoe would retire and former executive Elliot Hill would return as CEO. FedEx shares drop after the company posted lower quarterly profit and revenue, and cut its outlook for the full fiscal year. J.R. Whalen reports.

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New Israeli Strikes in Beirut Target Senior Hezbollah Commander

Fri, 20 Sep 2024 16:23:00 -0000

Plus: Nokia says a German court has ruled that Amazon is using its patented multimedia technology without a license. Constellation Energy will restart Pennsylvania’s Three Mile Island nuclear plant to help power Microsoft’s AI centers.

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Nike CEO to Step Down After Rocky Tenure

Fri, 20 Sep 2024 10:51:00 -0000

Plus: Brazil’s Supreme Court orders Elon Musk’s X to pay a fine of almost $1 million a day until he stops users in the country from accessing the platform. And, Disney plans to stop using Slack following a major data leak. Azhar Sukri hosts.

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Dow, S&P Reach New Records

Thu, 19 Sep 2024 20:42:00 -0000

Plus: Nvidia and Tesla are among the day’s tech winners. Bitcoin rallies above $63,000. Olive Garden owner Darden Restaurants leads the S&P 500 higher after striking a delivery deal with Uber. J.R. Whalen reports.

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How Borrowers Will Benefit From the Fed’s Interest-Rate Cut

Thu, 19 Sep 2024 19:01:00 -0000

The Federal Reserve cut interest rates by half a percentage point yesterday, the first reduction since 2020. Wall Street Journal economics reporter Justin Lahart joins host J.R. Whalen to discuss how it’s likely to affect credit-card account holders and prospective home buyers.

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U.S. Home Sales Fell in August for Fifth Time in Six Months

Thu, 19 Sep 2024 15:27:00 -0000

Plus: U.S. stocks rally a day after the Federal Reserve cut interest rates. Israel launched a wave of airstrikes against Hezbollah targets in Lebanon, as the militant group’s leader said the attacks on its members amounted to a declaration of war. J.R. Whalen reports.

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Pentagon Worries Israel Is Close to Launching Ground War in Lebanon

Thu, 19 Sep 2024 10:53:00 -0000

Plus: Boeing plans to furlough white-collar workers to cut costs for the duration of a strike by its largest union. And, Meta says EU regulations could limit the benefits the bloc sees from the artificial-intelligence boom. Azhar Sukri hosts.

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U.S. Stocks Fall After Federal Reserve Cuts Rates by .50%

Wed, 18 Sep 2024 20:55:00 -0000

Plus: Boeing shares fall after the company said it is furloughing tens of thousands of white-collar employees in an effort to cut costs amid a strike. GM shares rise after the automaker said it will offer U.S. customers access to Tesla superchargers through an adapter. J.R. Whalen reports.

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Hezbollah Hit by Second Wave of Exploding Devices

Wed, 18 Sep 2024 16:11:00 -0000

Plus: Lions Gate Entertainment plans to start using generative AI in creating new movies and TV shows. The United Auto Workers threatens to strike against Stellantis over cutting jobs and delays in reopening idled plants. J.R. Whalen reports.

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Google Wins Fight to Scrap $1.7 Billion EU Antitrust Fine

Wed, 18 Sep 2024 10:30:00 -0000

Plus: BlackRock and Microsoft partner on a new artificial-intelligence infrastructure fund. And, Tupperware files for bankruptcy after years of weak sales. Luke Vargas hosts.

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U.S. Stocks Finish Mixed Ahead of Fed Decision on Rates

Tue, 17 Sep 2024 20:56:00 -0000

Plus: JPMorgan shares rise following a WSJ report that it is talking to Apple about taking over its credit-card program from Goldman Sachs. lntel shares climb a day after the chip maker announced cost-cutting measures. Regulators approve Alaska Air-Hawaiian Airlines merger, with strings. J.R. Whalen reports.

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Hundreds of Hezbollah Members Injured by Exploding Pagers

Tue, 17 Sep 2024 15:26:00 -0000

Plus: Instagram will begin automatically making youth accounts private, with the most restrictive settings. Federal prosecutors charge Sean “Diddy” Combs with several counts of sex trafficking and racketeering. J.R. Whalen reports.

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Intel CEO Outlines More Cost-Cutting

Tue, 17 Sep 2024 10:31:00 -0000

Plus: Amazon wants its employees back in the office five days a week. And, Microsoft ups its dividend and announces a $60 billion buyback. Luke Vargas hosts.

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Dow Gains More Than 200 Points as Traders Await Rate Cut

Mon, 16 Sep 2024 20:46:00 -0000

Plus: Apple shares fall after iPhone 16 preorders come in roughly 13% less than last year’s equivalent figures. Tesla shares fall as expansion of its supercharger network has slowed in recent months. J.R. Whalen reports.

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Suspected Trump Gunman Faces Firearm-Related Charges

Mon, 16 Sep 2024 16:12:00 -0000

Boeing said it would freeze hiring and delay pay increases for salaried workers to handle the financial fallout from a strike by its largest union. Icahn Enterprises says a judge dismissed a proposed class-action lawsuit against the company and some of its directors. J.R. Whalen reports.

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Trump Safe After Second Apparent Assassination Attempt

Mon, 16 Sep 2024 10:55:00 -0000

Plus: TikTok’s future in the U.S. hangs in the balance in court. And, the Energy Department backs a low-carbon ammonia project in Indiana. Luke Vargas hosts.

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U.S. Stocks End Week Higher Ahead of Federal Reserve Rate-Cut Meeting

Fri, 13 Sep 2024 21:19:00 -0000

Plus: Boeing shares drop after strike halts jet production. Furniture retailer RH gains. J.R. Whalen reports.

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Putin Warns U.S., Allies About Ukraine’s Use of Long-Range Missiles

Fri, 13 Sep 2024 15:59:00 -0000

Plus: The Biden administration eyes Chinese e-commerce companies with a proposed trade crackdown. Eurozone factories failed to produce more goods for a fourth straight month. J.R. Whalen reports.

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Boeing Workers Go on Strike, Halting 737 Production

Fri, 13 Sep 2024 10:14:00 -0000

Plus: Allies of Donald Trump work on plans to privatize mortgage giants Fannie Mae and Freddie Mac. And, Mastercard buys cybersecurity company Recorded Future to bolster fraud prevention. Luke Vargas hosts.

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U.S. Stocks Rise on August Inflation Data

Thu, 12 Sep 2024 20:39:00 -0000

Plus: Moderna shares fall after the biotech company cut research and development spending to save cash. General Motors shares rise after the automaker said it was exploring a partnership with Hyundai. J.R. Whalen reports.

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NYPD Commissioner Edward Caban to Resign

Thu, 12 Sep 2024 16:50:00 -0000

Plus: Warner Brothers discovery and Charter Communications renew their distribution deal. The European Central Bank lowers interest rates by a quarter-percentage point. J.R. Whalen reports.

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JPMorgan, Bank of America Curb Young Bankers’ Hours After Overwork Outcry

Thu, 12 Sep 2024 10:40:00 -0000

Plus: Top Jeep and Ram dealers slam CEO Carlos Tavares for his “disastrous choices” as car sales sag. And, Norfolk Southern ousts CEO Alan Shaw, citing a consensual relationship with the company’s chief legal officer. Luke Vargas hosts.

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U.S. Stocks Recover From Inflation-Fueled Losses

Wed, 11 Sep 2024 21:25:00 -0000

Plus: Humana, UnitedHealth Group among big insurers whose shares fall as a result of Democratic presidential nominee Kamala Harris’s strong debate performance. Dave & Buster’s shares rise after earnings beat expectations. J.R. Whalen reports.

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U.S. Inflation Eased to 2.5% in August

Wed, 11 Sep 2024 16:25:00 -0000

Plus: Donald Trump said he is “less inclined” to debate Kamala Harris again. Fewer students who identified as Black enrolled in Harvard University’s Class of 2028, following the Supreme Court’s ruling on considering race in the admission process. J.R. Whalen reports.

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Mexico Judicial Overhaul Passes Amid Concerns Over Trade and Investment With U.S.

Wed, 11 Sep 2024 11:03:00 -0000

Plus: Canada considers slapping more tariffs on Chinese goods. And, U.K. property-listings company Rightmove rejects a $7.3 billion takeover offer from NewsCorp’s REA. Luke Vargas hosts.

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JPMorgan Chase, Goldman Sachs Shares Finish Lower

Tue, 10 Sep 2024 20:39:00 -0000

Plus: Starbucks shares rise after new CEO Brian Niccol outlines priorities to employees. U.S. crude future prices fall to their lowest level since December 2021. J.R. Whalen reports.

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U.S. Incomes Rose Last Year for First Time Since Covid-19 Onset

Tue, 10 Sep 2024 16:09:00 -0000

Plus: The Federal Reserve dials back the required amount of capital big banks need to have in reserve. Southwest Airlines CEO Gary Kelly plans to step down next year as part of a broader board shake-up. J.R. Whalen reports.

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Apple Loses Court Battle Over $14 Billion Irish Tax Bill

Tue, 10 Sep 2024 10:45:00 -0000

Plus: The EU’s top court also upholds a nearly $2.7 billion fine imposed on Google over allegations it abused its dominance as a search engine. And, the House passes the Biosecure Act aimed at barring federal contracts with some Chinese biotech companies. Luke Vargas hosts.

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Dow Gains More Than 400 Points as Investors Eye Rate Cuts

Mon, 09 Sep 2024 20:01:00 -0000

Plus: Apple unveils new iPhone with AI tools. After hours, Oracle reports earnings and sales that exceed expectations. J.R. Whalen reports.

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World Trade Organization Warns of Tariffs Impact on Poor Countries

Mon, 09 Sep 2024 16:15:00 -0000

Plus: Squarespace and Permira say they have reached an agreement to take the website-development company private. Swedish battery company Northvolt plans to cut jobs as the EV market cools. J.R. Whalen reports.

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Chinese Inflation Data Point to Continued Weakness

Mon, 09 Sep 2024 10:37:00 -0000

Plus: Elon Musk’s xAI startup has discussed a deal to license some of its technology to Tesla in return for a share of its revenue. And, Apple is set to unveil its iPhone 16 lineup, which will include new AI features. Luke Vargas hosts.

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U.S. Stocks Sell Off After Mixed Jobs Report

Fri, 06 Sep 2024 20:39:00 -0000

Plus: Nvidia, Broadcom among tech stocks whose shares fall sharply. Big banks join tech stocks in broad declines. J.R. Whalen reports.

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U.S. Employers Added 142,000 Jobs in August, Short of Expectations

Fri, 06 Sep 2024 16:25:00 -0000

Plus: Morgan Stanley agrees to pay $2 million to settle an investigation into trades by First Republic’s then-executive chairman before his bank collapsed. The Eurozone economy grew less rapidly in the second quarter than previously estimated. J.R. Whalen reports.

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Harris Has Huge Cash Edge Over Trump

Fri, 06 Sep 2024 10:53:00 -0000

Plus: 7-Eleven’s parent company Seven & i rejects a $39 billion takeover bid, saying it’s too low. And, how today’s jobs report could sway the Federal Reserve’s decision on the size of its expected rate cut. Luke Vargas hosts.

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Dow, S&P Fall on Weak Private-Sector Jobs Figures

Thu, 05 Sep 2024 21:13:00 -0000

Plus: JetBlue shares rise after the airline increased capacity and revenue guidance. After the bell, Broadcom fell after the chipmaker’s overall quarterly revenue fell short. J.R. Whalen reports.

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Trump Spotlights Government Efficiency as Part of Economic Plan

Thu, 05 Sep 2024 15:46:00 -0000

Plus: Verizon Communications buys Frontier Communications for $9.6 billion and agrees to buy back some of the fiber-optic lines it sold off nearly a decade ago. British prosecutors drop indecent-assault charges against Harvey Weinstein. J.R. Whalen reports.

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Georgia School Shooting Suspect Was Previously Interviewed by Police

Thu, 05 Sep 2024 10:14:00 -0000

Plus: OpenAI co-founder Ilya Sutskever’s new firm raises $1 billion as it aims to build ‘’safe’’ AI models. And, Stellantis presses pause on production for two of its top-selling U.S. models. Kate Bullivant hosts.

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U.S. Stock Markets Finish Mixed on Job-Opening Data

Wed, 04 Sep 2024 21:10:00 -0000

Plus: Dollar Tree shares plunge after the retailer reported worse-than-expected earnings. Shares of Donald Trump’s social-media startup fall to their lowest level since the company’s March public listing. J.R. Whalen reports.

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U.S. Job Openings Decreased in July

Wed, 04 Sep 2024 15:46:00 -0000

Plus: OPEC+ nations are considering delaying an oil production increase that was supposed to begin next month. Volvo abandons its target to sell only electric vehicles by the end of the decade. J.R. Whalen reports.

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U.S. Steel Warns of Plant Closures if Nippon Steel Deal Collapses

Wed, 04 Sep 2024 10:37:00 -0000

Plus: Vice President Kamala Harris pledges to expand tax breaks for new small businesses. And, Ukraine’s foreign minister resigns ahead of an expected cabinet reshuffle. Kate Bullivant hosts.

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Dow Drops More Than 600 Points on Economic Concerns

Tue, 03 Sep 2024 21:21:00 -0000

Plus: Nvidia and other chip stocks suffer sharp declines. Boeing shares fall after Wells Fargo downgrades the company. J.R. Whalen reports.

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Economic-Slowdown Fears Trigger U.S. Stocks Selloff

Tue, 03 Sep 2024 16:40:00 -0000

Plus: Two Russian ballistic missiles hit a military institute and a hospital in central Ukraine. The European Court of Justice said the EU’s competition authority lacked jurisdiction when it reviewed U.S. gene-sequencing company Illumina’s takeover of cancer-test maker Grail. J.R. Whalen reports.

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Israel Protests to Continue as Hostage Killings Deepen Divides

Tue, 03 Sep 2024 10:21:00 -0000

Plus: Brazil’s president defends a decision by the country’s Supreme Court to ban social-media platform X. And, Cathay Pacific cancels flights after discovering engine issues in some of its Airbus planes. Kate Bullivant hosts.

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U.S. Stock Markets Post Gains for August

Fri, 30 Aug 2024 21:01:00 -0000

Plus: Goldman Sachs shares rise after the bank said it plans to cut 1,300 jobs from its global workforce. Shares of Dell Technologies rise after the computer maker reported higher revenue and profit thanks to strong demand for AI-oriented servers. J.R. Whalen reports.

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U.S. July Inflation Figures Raise Prospects for Interest-Rate Cut

Fri, 30 Aug 2024 15:36:00 -0000

Plus: A new report says Jewish students at Columbia University were threatened, attacked, shunned and harassed on campus last school year, and many faculty refused to believe their complaints. Eurozone inflation fell to its lowest level since mid-2021. J.R. Whalen report.

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Amazon Loses Bid to Overturn Unionization Vote

Fri, 30 Aug 2024 10:33:00 -0000

Plus: Elon Musk’s Starlink says Brazil is preventing it from conducting financial transactions in the country. And Donald Trump sends mixed signals on a Florida ballot measure to roll back a six-week abortion ban. Luke Vargas hosts.

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Nvidia Shares Extend Losses After Gross-Margin Warning

Thu, 29 Aug 2024 20:50:00 -0000

Plus: Apple shares rise after a WSJ report that it plans to invest in OpenAI. Mortgage rates fall to their lowest level in 15 months. J.R. Whalen reports.

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U.S.-Made F-16 Jet Fighter Crashes in Ukraine

Thu, 29 Aug 2024 16:04:00 -0000

Plus: Several U.S. publishers sue Florida over a book-banning law they claim violates the First Amendment. Inflation in Germany fell more than expected this month, raising the prospect that the European Central Bank will lower interest rates in September. J.R. Whalen reports.

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Brazil Supreme Court Threatens to Ban X

Thu, 29 Aug 2024 10:58:00 -0000

Plus: Yelp sues Google, accusing it of abusing its dominant position to stifle competition in local markets. And, shares in CrowdStrike slip premarket after the cybersecurity company cuts its outlook. Luke Vargas hosts.

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Nvidia Reports Strong Quarterly Revenue

Wed, 28 Aug 2024 21:17:00 -0000

Plus: Berkshire Hathaway’s market cap crosses $1 trillion for the first time. Super Micro Computer shares decline after the server maker delayed filing its annual report with the SEC. J.R. Whalen reports.

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Two Sigma Hedge Fund Co-CEOs to Step Down

Wed, 28 Aug 2024 15:51:00 -0000

Plus: The Treasury Department completes regulations to address gaps in U.S. anti-money-laundering rules. The Israeli military launches a major ground-and-air operation across a large area of the West Bank to prevent terrorist attacks. J.R. Whalen reports.

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Ukraine Uses F-16s Against Russian Barrage as Zelensky Calls for More Firepower

Wed, 28 Aug 2024 10:49:00 -0000

Plus: General Motors pushes back the start of production at a planned EV battery plant. And, the market awaits Nvidia’s latest earnings figures. Luke Vargas hosts.

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Eli Lilly to Offer Weight-Loss Drug Zepbound in Reduced-Cost Vials

Tue, 27 Aug 2024 20:44:00 -0000

Plus: Super Micro shares decline after Hindenburg Research said it is shorting the stock. Paramount Global shares fall a day after Edgar Bronfman Jr. dropped his bid for the media giant. J.R. Whalen reports.

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Israel Says It Rescued a Hostage From a Gaza Tunnel

Tue, 27 Aug 2024 16:44:00 -0000

Plus: Eli Lilly plans to offer its Zepbound weight-loss drug in vials in addition to injection-pen devices. U.S. home prices continued to rise in June, but the pace of growth has slowed. J.R. Whalen reports.

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Mark Zuckerberg Says White House Was ‘Wrong’ to Pressure Facebook on Covid-19

Tue, 27 Aug 2024 10:11:00 -0000

Plus: Special Counsel Jack Smith pushes to revive his prosecution of Donald Trump over his handling of classified documents. And, Canada slaps 100% tariffs on Chinese EVs, matching an earlier move by Washington. Luke Vargas hosts.

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Dow Closes at a New Record

Mon, 26 Aug 2024 21:11:00 -0000

Plus: Nvidia and Micron among chip stocks that finish lower. Oil prices jump on escalating Middle East tensions. J.R. Whalen reports.

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Ukraine’s Zelensky Asks Allies to Lift Restrictions on Missiles

Mon, 26 Aug 2024 16:02:00 -0000

Plus: A recent CEO of the P.F. Chang’s restaurant chain has been tapped to be chief executive of financially strapped Red Lobster. Activist investor Elliott Management has laid out plans to fix Southwest Airlines. J.R. Whalen reports.

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France Detains Telegram CEO Pavel Durov, Fueling New Tensions With Moscow

Mon, 26 Aug 2024 10:30:00 -0000

Plus: NASA taps SpaceX to bring back two astronauts from the International Space Station, in another setback for Boeing’s Starliner. And, IBM shifts jobs out of China in the latest retreat by big U.S. tech firms. Luke Vargas hosts.

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Stocks Rally as a Rate Cut Draws Closer

Fri, 23 Aug 2024 21:10:00 -0000

Plus: Warner Bros. Discovery shares rise after the media giant said it plans to beef up original programming for its TNT network. Ross Stores shares climb after the retailer reported better-than-expected sales figures. J.R. Whalen reports.

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Fed’s Jerome Powell Signals Rate Cuts Are Coming Soon

Fri, 23 Aug 2024 16:19:00 -0000

Plus: The Justice Department and eight states accuse real-estate software company RealPage of illegally coordinating rent prices. Delta COO Mike Spanos plans to leave the airline at the end of the month. J.R. Whalen reports.

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Skydance Demands Paramount Stop Negotiating With Bronfman

Fri, 23 Aug 2024 10:25:00 -0000

Plus: Canada’s government intervenes to resolve a rail stoppage disrupting cross-border trade. And, Tesla’s head of finance operations steps down, adding to an exodus of longtime leaders. Kate Bullivant hosts.

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Peloton Shares Climb 35% After Results Surprise Markets

Thu, 22 Aug 2024 21:14:00 -0000

Plus: Snowflake shares drop after reporting disappointing sales projections. Shares of Mediterranean-style restaurant chain Cava rise after issuing better-than-expected sales and profit figures. J.R. Whalen reports.

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U.S. Home Sales Rose 1.3% in July

Thu, 22 Aug 2024 16:24:00 -0000

Plus: Wages in the Eurozone rose at a slower rate in the second quarter but are still outpacing consumer prices. British tech tycoon Mike Lynch was confirmed dead by Italian investigators today after his superyacht sank off Sicily on Monday. J.R. Whalen reports.

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Labor Showdown at Canadian Railroads Threatens Cross-Border Trade

Thu, 22 Aug 2024 10:18:00 -0000

Plus: Edgar Bronfman Jr. sweetens his offer for National Amusements and a minority stake in Paramount Global. And, Walmart offers discounted Burger King to members of its subscription program as it looks to rival Amazon Prime. Kate Bullivant hosts.

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U.S. Stocks Rise as Fed Officials Show Support for September Rate Cut

Wed, 21 Aug 2024 21:15:00 -0000

Plus: Ford shares rise after the automaker said it is canceling plans for a large electric SUV. Target shares jump after the retailer reported higher sales due to price cuts. J.R. Whalen reports.

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Ford Cancels Production of Electric Three-Row SUV

Wed, 21 Aug 2024 16:15:00 -0000

Plus: A Labor Department report suggests the U.S. job market from early 2023 through early this year wasn’t as strong as first thought. Rescue teams have recovered four bodies from a sunken yacht off the coast of Sicily. J.R. Whalen reports.

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Federal Judge Strikes Down FTC Ban on Noncompetes

Wed, 21 Aug 2024 10:39:00 -0000

Plus: JD.com shares slump after Walmart unloads its stake in the Chinese e-commerce giant. And, Arizona and Montana will let voters decide on whether to enshrine abortion rights in state constitutions. Kate Bullivant hosts.

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Paramount Global Receives New $4.3 Billion Offer

Tue, 20 Aug 2024 21:07:00 -0000

Plus: Boeing shares decline after the planemaker discovered cracks in its 777X jetliner in initial test flights. Bank of America stock drops after Warren Buffett’s Berkshire Hathaway sold $550 million of the bank’s shares. J.R. Whalen reports.

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Food Companies Hit Back at Harris’s ‘Price Gouging’ Claim

Tue, 20 Aug 2024 16:26:00 -0000

Plus: Tesla will pay lower tariffs on electric vehicles exported from China to the European Union. The Italian Coast Guard said six people unaccounted for after a yacht sank off Sicily yesterday are presumed dead. J.R. Whalen reports.

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Edgar Bronfman Jr. Launches Rival Bid for Paramount’s Parent

Tue, 20 Aug 2024 10:27:00 -0000

Plus: Israel’s military says it has recovered the bodies of six hostages held by Hamas in Gaza. And Boeing finds cracks in its 777X jetliner in test flights. Kate Bullivant hosts.

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Nasdaq Rallies, Exiting Correction Territory

Mon, 19 Aug 2024 20:40:00 -0000

Plus: AMD shares finish higher after the chip maker agreed to pay nearly $5 billion to buy data-center equipment maker ZT Systems. General Motors shares rise after a person familiar with the matter said the automaker will cut more than 1,000 jobs. J.R. Whalen reports.

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British Tech Entrepreneur Missing After Superyacht Sinks in Italy

Mon, 19 Aug 2024 16:09:00 -0000

Plus: General Motors plans to cut more than a thousand employees in its software and services division, according to people familiar with the matter. Longtime Estée Lauder CEO Fabrizio Freda will step aside next year after about 15 years in the top post. J.R. Whalen reports.

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Nvidia Rival AMD Buys AI Equipment Maker for Close to $5 Billion

Mon, 19 Aug 2024 10:40:00 -0000

Plus: Streaming platform Fubo stock jumps after a judge blocks Warner Brothers Discovery, Fox Corp. and Disney from launching a rival service. And, Shares in 7-Eleven’s parent soar in Tokyo after a takeover bid from Canada’s Alimentation Couche-Tard. Kate Bullivant hosts.

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U.S. Stocks Just Notched Their Best Week of 2024

Fri, 16 Aug 2024 21:07:00 -0000

Plus: H&R Block shares rise after the tax-preparation company reported strong quarterly earnings and raised its outlook. And Meta Platforms slides after federal lawmakers asked about ads for illicit drugs on its social-media apps. Danny Lewis hosts.

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Warner Bros. Discovery Hands Cable-TV Business to Top Studio Executive

Fri, 16 Aug 2024 16:00:00 -0000

Plus: Former president Donald Trump taps his elder sons and business leaders to run his transition team. And Thailand’s Parliament names the daughter of a billionaire former leader as the new prime minister. Danny Lewis hosts.

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Harris to Unveil Housing Initiatives as Part of Economic Plans

Fri, 16 Aug 2024 10:10:00 -0000

Plus: The share of million-dollar homes in the U.S. hits an all-time high. And, with the fall semester coming up, college heads work to preempt another term of explosive demonstrations over the war in Gaza. Kate Bullivant hosts.

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Indexes Rally After Strong Retail Data Calm Economic-Slowdown Fears

Thu, 15 Aug 2024 21:00:00 -0000

Plus: Walmart shares soar after posting strong quarterly earnings. Ulta Beauty gets a stock boost from Berkshire Hathaway’s stake disclosure. And Paramount shares rise after a WSJ exclusive report that a media executive is preparing a new bid for the company. Danny Lewis hosts.

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U.S. Retail Sales Jumped in July Thanks to Car Purchases

Thu, 15 Aug 2024 16:16:00 -0000

Plus: Walmart posts strong sales in its latest quarterly results. And New Jersey’s governor is set to tap a former aide to replace disgraced senator Bob Mendendez. Danny Lewis hosts.

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China’s Economy Stuck in Doldrums, Fresh Data Shows

Thu, 15 Aug 2024 10:28:00 -0000

Plus: Columbia University President Minouche Shafik resigns. And, startup Natron Energy plans to invest $1.4 billion to build a sodium-ion battery plant in North Carolina. Luke Vargas hosts.

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Fresh Inflation Data Gives Investors More Confidence in Rate Cuts

Wed, 14 Aug 2024 21:22:00 -0000

Major U.S. indexes rise after new consumer-price data. Plus: Kellanova shares jump after Mars announces acquisition plans. And Alphabet falls after news reports that U.S. Justice Department officials may ask for the Google parent company to be broken up. Danny Lewis hosts.

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Cooling U.S. July Inflation Sets Stage for Interest Rate Cuts

Wed, 14 Aug 2024 15:54:00 -0000

Plus: U.S. crude oil stockpiles rise for the first time in seven weeks. Mars confirms $30 billion deal to buy Kellenova. And Defense Secretary Lloyd Austin is facing legal objections and political pushback for scuttling Sept. 11 plea bargain. Danny Lewis hosts.

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Japanese Leader Fumio Kishida to Step Down

Wed, 14 Aug 2024 10:01:00 -0000

Plus: Activist Elliott Investment Management plans to start a proxy fight at Southwest Airlines. And, candy company Mars is expected to announce a nearly $30 billion deal for snack maker Kellenova today. Luke Vargas hosts.

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Stocks Rally After Inflation Data Boosts Hopes for Rate Cuts

Tue, 13 Aug 2024 21:09:00 -0000

Plus: Shares in Starbucks rise after Chipotle boss named new CEO. Trump Media & Technology Group falls after X interview. And Home Depot shares rise after quarterly results. Danny Lewis hosts.

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Starbucks Ousts CEO For Chipotle Boss

Tue, 13 Aug 2024 16:14:00 -0000

Plus: U.S. July producer-price index showed that factory-gate inflation slowed slightly from June. Lockheed Martin and General Dynamics announce new rocket motor deal. And the U.S. lifts ban on bomb sales to Saudi Arabia. Danny Lewis hosts.

Correction: Starbucks has named Brian Niccol as its new CEO. An earlier version of this podcast incorrectly said his name was Brian Nichols. (Corrected on Aug. 13)

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FBI Investigates Suspected Iranian Hack Attempts Against Trump and Biden Campaigns

Tue, 13 Aug 2024 10:53:00 -0000

Plus: Donald Trump marked his return to X with a two hour conversation with Elon Musk. And, the continued slowdown of Chinese consumption weighs on global oil-demand growth. Kate Bullivant hosts.

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Major U.S. Indexes Post Mixed Results Ahead of Fresh Economic Data

Mon, 12 Aug 2024 21:10:00 -0000

Investors take a breather after last week’s roller coaster while awaiting data on inflation and retail sales. Plus: JetBlue Airways shares fall after a downgrade from the Big Three credit ratings firms. Danny Lewis hosts.

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U.S. Sends Missile Submarine and Second Carrier to Middle East

Mon, 12 Aug 2024 17:00:00 -0000

Plus, Universal Music signs a licensing agreement with Meta Platforms allowing its artists’ music to appear on WhatsApp. JetBlue gets a downgrade from the “Big Three” ratings agencies.

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Washington Gauges Russian Response to Ukraine’s Incursion

Mon, 12 Aug 2024 10:58:00 -0000

Plus: Kamala Harris leans on elite Silicon Valley donors to pull in more than $13 million at a fundraiser in San Francisco. And, Disney unveils plans for billions of dollars in theme-park expansions. Kate Bullivant hosts.

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Intel Shares Fall After Credit-Rating Decline

Fri, 09 Aug 2024 21:07:00 -0000

Plus: Sweetgreen shares jump after the salad restaurant chain posted strong earnings. Activist investor Starboard Value has taken a stake in Starbucks. J.R. Whalen reports.

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U.S. Says Iran Is Better Positioned to Launch Nuclear-Weapons Program

Fri, 09 Aug 2024 16:00:00 -0000

Plus: President Biden and leaders from Egypt and Qatar propose negotiations on Aug. 15 toward reaching an Israeli-Hamas cease-fire. Samsung recalls more than a million slide-in electric ranges because of fires that have injured people and killed pets. J.R. Whalen reports.

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Trump Calls for More Influence Over the Fed

Fri, 09 Aug 2024 10:56:00 -0000

Plus: Semiconductor stocks are boosted by TSMC and SMIC’s earnings. And, Paramount Global writes down the value of its cable TV business and makes job cuts. Luke Vargas hosts.

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Dow Jumps Nearly 700 Points on Jobs-Market Optimism

Thu, 08 Aug 2024 21:17:00 -0000

Plus: Eli Lilly shares rise after the drugmaker reports strong sales for diabetes drug Mounjaro and weight-loss treatment Zepbound. Average 30-year mortgage rates fall to their lowest level in more than a year. J.R. Whalen reports.

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U.S. Mortgage Rates Drop to Lowest Point in More Than a Year

Thu, 08 Aug 2024 16:03:00 -0000

Plus: U.K. antitrust regulators probe Amazon’s $4 billion investment in AI startup Anthropic. And Nobel Peace Prize-winning economist Muhammad Yunus returns to Bangladesh to take charge of its interim government. Danny Lewis hosts.

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NASA Confirms It’s Considering Using SpaceX to Bring Starliner Astronauts Home

Thu, 08 Aug 2024 10:21:00 -0000

Plus: Three Taylor Swift concerts in Vienna are canceled after an alleged terrorist plot. And, Warner Bros. Discovery shares tumble in off-hours trading after the company writes down the value of its cable networks and posts a loss. Luke Vargas hosts.

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U.S. Stock Markets Finish Lower After Giving Up Gains

Wed, 07 Aug 2024 21:29:00 -0000

Plus: Super Micro Computer shares fall sharply after the server maker reported record-low gross margins. Rivian Automotive shares decline after the electric truck and SUV maker said its loss widened last quarter. J.R. Whalen reports.

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Disney Posts Profit in Its Streaming Division

Wed, 07 Aug 2024 16:38:00 -0000

Plus: U.S. regulators are investigating several big banks over how they respond when customers dispute transactions on the payment platform Zelle. Novo Nordisk said quarterly sales of its weight-loss drug Wegovy missed expectations. J.R. Whalen reports.

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Bank of Japan Walks Back Talk of Rate Increases

Wed, 07 Aug 2024 10:39:00 -0000

Plus: Incumbent progressive Rep. Cori Bush loses her Democratic primary in Missouri to Wesley Bell. And, SoftBank plans a $3.5 billion share buyback despite posting a surprise quarterly loss. Luke Vargas hosts.

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U.S. Stocks Rebound as Dow Rises Nearly 300 Points

Tue, 06 Aug 2024 20:52:00 -0000

Plus: Disney shares rise after the entertainment giant said it would raise prices for nearly all of its streaming plans. Warner Brothers Discovery shares fall after a WSJ report that there were provisions in the NBA’s deal with Amazon that Warner’s TNT couldn’t match. J.R. Whalen reports.

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Harris Names Minnesota Gov. Tim Walz as VP Running Mate

Tue, 06 Aug 2024 15:49:00 -0000

Plus: Uber returns to profitability, projects sales growth. Eurozone retail sales unexpectedly fell in June. J.R. Whalen reports.

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OpenAI Co-Founder Leaves for Amazon-Backed Rival Anthropic

Tue, 06 Aug 2024 10:21:00 -0000

Plus: Saudi Aramco plans to return $31 billion to shareholders. And, Bangladeshis consider their next leader after weekslong protests force out longtime Prime Minister Sheikh Hasina. Luke Vargas hosts.

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Dow Tumbles More Than 1,000 Points on U.S. Economic Concerns

Mon, 05 Aug 2024 21:21:00 -0000

Plus: Nvidia shares fall after a report indicates the company’s Blackwell next-generation AI chip family could be delayed. Bitcoin falls to roughly $53,000. J.R. Whalen reports.

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U.S. Stock Markets Trade Sharply Lower Over Economic Concerns

Mon, 05 Aug 2024 16:37:00 -0000

Plus: Elon Musk revives his lawsuit against OpenAI. Iran warns pilots and aviation authorities to avoid its airspace amid ongoing threats by officials there to attack Israel. J.R. Whalen reports.

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Stock Futures Fall as Global Selloff Intensifies

Mon, 05 Aug 2024 10:37:00 -0000

Plus: Vice President Kamala Harris moves closer to naming her running mate. And, candy giant Mars is in talks to buy Pringles and Pop-Tarts maker Kellanova. Luke Vargas hosts.

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Dow Drops More Than 600 Points on Job-Market Worries

Fri, 02 Aug 2024 21:18:00 -0000

Plus: Amazon shares fall sharply a day after the company issues weaker-than-expected revenue projections. Shares of Rocket rise amid prospects for lower mortgage rates, as the 10-year Treasury yield falls for a seventh straight day. J.R. Whalen reports.

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U.S. Unemployment Rate Rose to 4.3% in July

Fri, 02 Aug 2024 16:26:00 -0000

Plus: Chevron says it is relocating its corporate headquarters to Texas from California. Former President Donald Trump said the prisoner swap that included WSJ reporter Evan Gershkovich was a win for Russia’s President Valdimir Putin. J.R. Whalen reports.

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WSJ Reporter Evan Gershkovich Arrives Back in the U.S.

Fri, 02 Aug 2024 10:41:00 -0000

Plus: the U.S. increases pressure on Venezuelan President Nicolás Maduro to step down, saying his opponent won the presidential election. And, weak economic data causes market jitters amid questions about the health of the U.S. economy. Kate Bullivant hosts.

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Intel to Lay Off 15,000 Workers

Thu, 01 Aug 2024 20:06:00 -0000

Plus: Dow drops nearly 500 points on weaker-than-expected manufacturing data. Apple says iPhone sales fell for a second straight quarter but overall revenue increased. J.R. Whalen reports.

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Russia Frees Wall Street Journal Reporter Evan Gershkovich

Thu, 01 Aug 2024 16:34:00 -0000

Plus: Israeli military officials determine the Israeli army killed Hamas leader Mohammed Deif last month. The Bank of England cuts its key interest rate for the first time in over four years. J.R. Whalen reports.

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U.S. Senate Set to Kill Bipartisan Tax Bill

Thu, 01 Aug 2024 10:12:00 -0000

Plus: The Defense Department approves a plea bargain with three Guantanamo detainees accused of orchestrating the 9/11 attacks. And, the Bank of England is set to unveil its latest interest-rate decision. Luke Vargas hosts.

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Fed Hints at September Rate Cut

Wed, 31 Jul 2024 21:22:00 -0000

Plus: Nvidia shares rise sharply after a report that some U.S. allies could be exempted from restrictions on selling semiconductor equipment to China. After the bell, Facebook parent Meta Platforms said quarterly digital advertising grew rapidly. J.R. Whalen reports.

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Delta CEO Says CrowdStrike Outage Cost It $500 Million

Wed, 31 Jul 2024 16:18:00 -0000

Plus: Boeing hires aerospace veteran Robert “Kelly” Ortberg as its new CEO. Inflation in the Eurozone unexpectedly ticked up to 2.6% in July. J.R. Whalen reports.

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Hamas Political Leader Ismail Haniyeh Killed in Iran

Wed, 31 Jul 2024 10:33:00 -0000

Plus: U.S. train travel is enjoying a renaissance. And, the Bank of Japan raises interest rates, while investors watch for clues on future cuts from the Federal Reserve. Kate Bullivant hosts.

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Starbucks Reports Weaker Sales

Tue, 30 Jul 2024 21:22:00 -0000

Plus: Corning shares decline after the glass maker reports lower quarterly profit. Microsoft says revenue rose last quarter, but growth at its Azure cloud-computing division was below estimates. J.R. Whalen reports.

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Tesla Recalls More Than 1.8 Million Vehicles Over Faulty Software

Tue, 30 Jul 2024 15:57:00 -0000

Plus: The Eurozone economy grew in the second quarter but at a slower pace than the previous three months. Meta Platforms reaches a settlement with Texas over the Facebook parent’s use of facial-recognition technology. J.R. Whalen reports.

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Venezuelans Protest Maduro’s Claim of Election Victory

Tue, 30 Jul 2024 10:38:00 -0000

Plus: U.S. spy agencies say Iran is working to undercut Donald Trump’s presidential campaign. And, BHP Group and Lundin Mining agree to jointly acquire Canadian exploration company Filo. Kate Bullivant hosts.

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U.S. Stocks Finish Mixed Ahead of Big Tech Earnings Reports

Mon, 29 Jul 2024 21:15:00 -0000

Plus: McDonald’s shares rise despite the company reporting lower quarterly sales. Shares of Abbott Laboratories decline after a jury finds the company failed to warn that its Similac formula for premature infants caused a bowel disease. J.R. Whalen reports.

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McDonald’s Reports Sales Declined as More Diners Eat at Home

Mon, 29 Jul 2024 16:07:00 -0000

Plus: U.S. manufacturers are rethinking their plans for this year in anticipation of weaker demand. President Biden is expected to unveil proposals to overhaul the Supreme Court. J.R. Whalen reports.

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Venezuela’s Maduro Claims Victory in Disputed Election

Mon, 29 Jul 2024 10:13:00 -0000

Plus: Israel’s government approves a retaliatory strike on Hezbollah after a rocket attack kills 12 young people. And, Disney’s “Deadpool & Wolverine” achieves the best opening weekend ever for an R-rated movie. Kate Bullivant hosts.

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Dow Gains More Than 650 Points on Rate-Cut Prospects

Fri, 26 Jul 2024 20:37:00 -0000

Plus: 3M shares finish with their biggest percentage gain ever after the manufacturing giant reported better-than-expected sales and earnings. Coinbase shares rise as bitcoin climbs above $67,000. J.R. Whalen reports.

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June U.S. Inflation Reading Keeps Rate-Cut Prospects Alive

Fri, 26 Jul 2024 16:34:00 -0000

Plus: French authorities have opened an investigation into the attacks on several high-speed rail lines, hours before the opening ceremony of the Olympic Games. Famed short-seller Andrew Left has been indicted on charges of fraud. J.R. Whalen reports.

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Sabotage Hits French Rail Lines Hours Before Olympics Opening Ceremony

Fri, 26 Jul 2024 10:36:00 -0000

Plus: Former President Barack Obama endorses Kamala Harris’s bid for the White House. And, U.S. agents arrest a kingpin of the Mexican Sinaloa drug cartel. Luke Vargas hosts.

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Nvidia, Other Chip Stocks Extend Recent Declines

Thu, 25 Jul 2024 20:57:00 -0000

Plus: Southwest shares rise after the airline said it will soon assign seats on flights. Warner Brothers Discovery shares drop after the NBA rejects a bid to keep basketball games on TNT network. J.R. Whalen reports.

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Real U.S. Economic Growth Doubled in Q2

Thu, 25 Jul 2024 16:11:00 -0000

Plus: Southwest Airlines said it will soon assign seats on flights and sell some with extra legroom. U.S. and Canadian fighters intercepted Russian and Chinese warplanes off the coast of Alaska yesterday. J.R. Whalen reports.

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Biden Says It’s Time for ‘Younger Voices’ in Oval Office Address

Thu, 25 Jul 2024 10:35:00 -0000

Plus: The NBA inks $77 Billion TV and streaming deals with NBC, ESPN and Amazon. And Rupert Murdoch’s plan to hand control of his empire to his eldest son sparks a legal fight within the family. Luke Vargas hosts.

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U.S. Stocks Fall Sharply Amid Tech-Stock Selloff

Wed, 24 Jul 2024 21:13:00 -0000

Shares of chipmakers Nvidia, AMD decline and Tesla shares slide. After hours, IBM reports quarterly earnings that beat expectations. J.R. Whalen reports.

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Israel’s Benjamin Netanyahu to Address Joint Sessions of U.S. Congress

Wed, 24 Jul 2024 16:11:00 -0000

Plus: CrowdStrike says it has identified the bug that caused last week’s global tech outage. Salt Lake City has been selected to host the 2034 Winter Olympics. J.R. Whalen reports.

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Delta Air Lines Investigated Over Ongoing Flight Disruptions

Wed, 24 Jul 2024 10:08:00 -0000

Plus: Air-safety regulators audit Southwest Airlines after a series of near accidents. And the Trump campaign files a challenge to block Vice President Kamala Harris from using an election war chest handed over by President Biden. Luke Vargas hosts.

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Tesla Net Profit Falls for Second Straight Quarter

Tue, 23 Jul 2024 20:56:00 -0000

Plus: General Motors shares fall after the automaker delays plans for a Buick EV and pushes back the opening of an EV truck factory. After the bell, Google parent Alphabet reports quarterly ad sales grew at a slower pace than the previous quarter. J.R. Whalen reports.

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U.S. Secret Service Director Resigns Over Trump Shooting

Tue, 23 Jul 2024 15:48:00 -0000

Plus: The Department of Transportation is investigating Delta Air Lines over thousands of flight delays caused by last week’s tech outage. U.S. home prices hit a record in June for the second straight month. J.R. Whalen reports.

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Kamala Harris Moves Closer to Democratic Presidential Nomination

Tue, 23 Jul 2024 10:24:00 -0000

Plus: Google’s talks to buy cybersecurity startup Wiz fall apart. And UPS agrees to buy Mexican delivery company Estafeta as the trend of nearshoring manufacturing drives more cross-border trade. Luke Vargas hosts.

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Nvidia, Tesla Shares Push Nasdaq Higher

Mon, 22 Jul 2024 21:01:00 -0000

Plus: CrowdStrike shares have lost nearly one-fourth of their value since Friday’s global tech outage. Warren Buffett’s Berkshire Hathaway trims its stake in Bank of America. J.R. Whalen reports.

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Secret Service Director Says She Won’t Resign After Trump Shooting

Mon, 22 Jul 2024 16:15:00 -0000

Plus: CrowdStrike’s CEO says hackers have sent around a file falsely claiming to be a “quick fix” for last week’s tech outage. Verizon reports higher quarterly revenue from wireless and broadband services, but overall earnings were mostly unchanged from a year ago. J.R. Whalen reports.

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Harris Racks Up Endorsements for Presidential Bid After Biden Exits Race

Mon, 22 Jul 2024 10:10:00 -0000

Plus: Air-travel disruptions continue in the wake of Friday’s computer meltdown. And China’s central bank unexpectedly cuts a key policy rate in a bid to boost the country’s flagging economy. Luke Vargas hosts.

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U.S. Stocks Drop Amid Global Tech Outage

Fri, 19 Jul 2024 19:45:00 -0000

Plus: Shares of CrowdStrike slide after the software company’s snafu caused the widespread tech outage. Starbucks shares rise following a Wall Street Journal report that activist Elliott Investment Management has built a sizable stake in the company. J.R. Whalen reports.

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Evan Gershkovich Sentenced to 16 Years in Russian Prison

Fri, 19 Jul 2024 15:55:00 -0000

Gershkovich was wrongfully convicted in a hurried, secret trial that the U.S. government has condemned as a sham. Plus: The head of President Biden’s re-election campaign said he remains committed to his bid for a second term. J.R. Whalen reports.

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Tech Outage Hits Businesses Around the World, Grounds Flights

Fri, 19 Jul 2024 10:34:00 -0000

Plus: Donald Trump accepts the Republican presidential nomination, while top Democrats prep for a campaign without President Biden. And, Houthi militants in Yemen claim responsibility for an overnight blast in Tel Aviv. Kate Bullivant hosts.

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Dow Falls More Than 500 Points

Thu, 18 Jul 2024 19:04:00 -0000

Plus: Shares of Eli Lilly and Novo Nordisk decline as competition in the anti-obesity drug market ramps up. After the bell, Netflix reported stronger revenue, but said subscriber growth in the current quarter will be weaker than a year ago. J.R. Whalen reports.

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WSJ Reporter Evan Gershkovich Attends Russian Court Hearing

Thu, 18 Jul 2024 15:56:00 -0000

Plus: Meta Platforms is in talks to acquire eyewear maker EssilorLuxottica. The European Central Bank holds interest rates steady. Ursula von der Leyen wins a second term as president of the European Commission. J.R. Whalen reports.

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Trump Gunman Was Identified as Suspicious Well Before Shooting

Thu, 18 Jul 2024 10:30:00 -0000

Plus: Goldman Sachs opens up an investment strategy once reserved for the wealthy. And, Bud Light continues to lose market share more than a year after a boycott turned the U.S. beer industry upside down. Kate Bullivant hosts.

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Nasdaq Drops More Than 500 Points

Wed, 17 Jul 2024 21:05:00 -0000

Plus: Chipmakers Nvidia, Qualcomm and AMD are among tech stocks that pushed the Nasdaq lower. Johnson & Johnson shares rise after the company reported strong global cancer-drug sales. J.R. Whalen reports.

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Fed Official Suggests Interest-Rate Cut Could Come in Coming Months

Wed, 17 Jul 2024 16:05:00 -0000

Plus: Steady 2% inflation in the U.K. leaves the door open for a rate cut there next month. HSBC names current CFO Georges Elhedery as new CEO. J.R. Whalen reports.

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Former Trump Rivals Take the Stage at Republican National Convention

Wed, 17 Jul 2024 10:19:00 -0000

Plus: President Biden plans to throw his support behind sweeping changes to the Supreme Court. And, Elon Musk says he is moving the headquarters of X and SpaceX to Texas from California. Kate Bullivant hosts.

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Dow Gains More Than 700 Points

Tue, 16 Jul 2024 20:29:00 -0000

Plus: United Health shares move higher after the company reported stronger-than-expected earnings. The S&P Small Cap 600 index rises for the fifth straight trading session. J.R. Whalen reports.

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U.S. Retail Sales Were Unchanged in June

Tue, 16 Jul 2024 15:52:00 -0000

Plus: Bank of America said its second-quarter profit fell due to higher interest rates. Proceedings in the secret trial of WSJ reporter Evan Gershkovich in Russia have been brought forward. J.R. Whalen reports.

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Internal Disney Data Leaked After Hack

Tue, 16 Jul 2024 10:31:00 -0000

Plus: Elon Musk has said he plans to commit around $45 million a month to a new super PAC backing former President Donald Trump’s presidential run. And, activist hedge fund Starboard builds a big stake in Tinder parent Match. Kate Bullivant hosts.

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Dow Reaches a New Record

Mon, 15 Jul 2024 18:17:00 -0000

Plus: Goldman Sachs shares rise after the bank reported strong quarterly profits. Firearms-related stocks climb following Saturday’s assassination attempt on Donald Trump. J.R. Whalen reports.

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Judge Dismisses Trump Classified-Documents Case

Mon, 15 Jul 2024 16:20:00 -0000

Plus: Goldman Sachs reports double-digit gains in investment-banking revenue. Macy’s ends talks with two investors that had offered to buy the company. J.R. Whalen reports.

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U.S. Leaders Call for Unity in Wake of Trump Assassination Attempt

Mon, 15 Jul 2024 10:34:00 -0000

Plus: Google parent Alphabet is in advanced talks to buy cybersecurity startup Wiz. And, China’s economy slows sharply. Kate Bullivant hosts.

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Dow Rallies Back Above 40000

Fri, 12 Jul 2024 21:02:00 -0000

Plus: Wells Fargo, JPMorgan Chase and Citigroup shares decline after reporting quarterly earnings.Tesla shares rebound a day after dropping sharply. J.R. Whalen reports.

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Big U.S. Banks Feel Pressure From Higher Rates

Fri, 12 Jul 2024 16:27:00 -0000

Plus: AT&T said a hacker downloaded call data from nearly all of its wireless customers. U.S. and German officials say the two countries foiled a Russian plot to kill the CEO of a German defense manufacturer. J.R. Whalen reports.

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President Biden Aims to Quell Democratic Dissent

Fri, 12 Jul 2024 10:36:00 -0000

Plus: NATO vows to give Ukraine full membership to the alliance. And, JPMorgan Chase, Citigroup and Wells Fargo are set to kick off bank earnings with investors on the lookout for more signs of weakness. Kate Bullivant hosts.

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Tesla Shares Fall, Snapping 11-Day Winning Streak

Thu, 11 Jul 2024 20:54:00 -0000

Plus: Costco shares fall after the retailer says it will raise its membership fees in September. Pfizer shares rise as the drugmaker says it would schedule additional human testing for an experimental once-daily weight-loss pill. J.R. Whalen reports.

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U.S. Inflation Eased to 3% in June

Thu, 11 Jul 2024 15:59:00 -0000

Plus: China warns the U.S. and its allies not to “provoke confrontation” after NATO said Beijing is a threat to its interests. Apple and the European Union have settled their long-running mobile-payments dispute. J.R. Whalen reports.

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First Democratic Senator Calls For Biden to Quit

Thu, 11 Jul 2024 10:47:00 -0000

Plus: Costco is raising the cost of membership for the first time in seven years. And, the consumer price index for June is set to be published this morning fuelling market speculation over interest rate cuts. Kate Bullivant hosts.

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Nvidia Shares Gain 2.7% as Nasdaq Reaches New Record

Wed, 10 Jul 2024 21:03:00 -0000

Plus: Tesla shares rise for the 11th straight trading day. Honeywell International shares climb after WSJ reported the company will buy a unit of Air Products, maker of equipment for processing liquefied natural gas. J.R. Whalen reports.

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Pelosi Says Biden Should Re-Examine Staying in Race for President

Wed, 10 Jul 2024 16:26:00 -0000

Plus: Dozens of American-made F-16 jet fighters are on their way to Ukraine. BMW is recalling more than 394,000 vehicles made between 2006 and 2012 to replace malfunctioning air bags. J.R. Whalen reports.

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Microsoft Steps Back From OpenAI Board Position

Wed, 10 Jul 2024 10:54:00 -0000

Plus: Senior intelligence officials say Russia has put a ‘whole of government’ effort into influencing the U.S. presidential election. And, investors watch Jerome Powell’s Congressional testimony for more hints on rate cuts. Kate Bullivant hosts.

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Powell Indicates Fed Is Moving Toward Rate Cuts

Tue, 09 Jul 2024 21:02:00 -0000

Plus: S&P 500, Nasdaq finish at record levels. Goldman Sachs shares hit new high. Corning shares add to yesterday’s gains. J.R. Whalen reports.

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Democratic Lawmakers Hold Conference Meetings Over Biden

Tue, 09 Jul 2024 16:06:00 -0000

Plus: Federal Reserve Chair Jerome Powell said he is keeping his options open regarding a timeline for interest-rate cuts. Lucid and Fisker issue recalls for thousands of recently manufactured electric vehicles. J.R. Whalen reports.

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NATO Summit Starts Amid Concerns Over Biden’s Fitness

Tue, 09 Jul 2024 10:17:00 -0000

Plus: a new European rocket is set to launch into space today in a bid to reduce the bloc’s reliance on Elon Musk and SpaceX. And, Johns Hopkins University offers free tuition to medical students. Kate Bullivant hosts.

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S&P, Nasdaq Move Further Into Record Territory

Mon, 08 Jul 2024 20:56:00 -0000

Plus: Corning shares rise after the company raised its financial outlook. Nike shares continue to fall following last month’s disappointing earnings report. J.R. Whalen reports.

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Biden Tells Lawmakers He’s ‘Running This Race to the End’

Mon, 08 Jul 2024 16:09:00 -0000

Plus: Hurricane Beryl has knocked out power to more than one million people in the Houston area. A Russian missile attack on a children’s hospital in Ukraine killed at least 30 people. J.R. Whalen reports.

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French Election Shock as Leftist Coalition Prevails Over Far Right

Mon, 08 Jul 2024 10:08:00 -0000

Plus: Several prominent House Democrats join calls for President Biden to exit the 2024 race. And, Boeing agrees to plead guilty in the 737 MAX criminal case. Kate Bullivant hosts.

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S&P, Nasdaq Extend Record Runs

Fri, 05 Jul 2024 21:01:00 -0000

Plus: Amazon shares rise following a WSJ report that it will have a minority stake in a new Saks-Neiman Marcus luxury retail company. Bitcoin dips below $54,000 after bankrupt crypto exchange Mt. Gox says it has begun repaying creditors. J.R. Whalen reports.

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U.S. Employers Added 206,000 Jobs in June

Fri, 05 Jul 2024 15:59:00 -0000

Plus: Chase Bank warns that new government regulations could result in customers being charged for checking accounts and wealth-management tools. Cease-fire talks between Israel and Hamas are suddenly expected to resume today in Qatar. J.R. Whalen reports.

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Britain’s Labour Party Hands Conservatives Historic Election Defeat

Fri, 05 Jul 2024 10:29:00 -0000

Plus: President Biden’s campaign plans an advertising blitz to try to turn back a tide of doubts about his candidacy. And, Saks Fifth Avenue’s parent company scoops up rival Neiman Marcus. Luke Vargas hosts.

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Tesla Shares Rise for Seventh Straight Day

Wed, 03 Jul 2024 17:58:00 -0000

Plus: Paramount Global shares climb after Skydance Media reaches a preliminary agreement to merge with National Amusements. Constellation Brands shares fall after the alcohol maker reports lower-than-expected revenue. J.R. Whalen reports.

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Biden to Meet With Democratic Governors to Build Support

Wed, 03 Jul 2024 16:20:00 -0000

Plus: Opponents of Marine Le Pen withdraw third-place candidates from some races to prevent her far-right party from controlling the French parliament. Southwest Airlines adopts a poison pill plan to fend off activist investor Elliott Investment Management. J.R. Whalen reports.

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Skydance Media’s Messy Bid to Buy Paramount Back On

Wed, 03 Jul 2024 10:44:00 -0000

Plus: Top Democrats go public with concerns about President Biden’s ability to beat Donald Trump after his poor debate performance. And, U.S. markets will close early ahead of the Fourth of July holiday. Luke Vargas hosts.

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Tesla Helps Push S&P, Nasdaq to Fresh Records

Tue, 02 Jul 2024 20:54:00 -0000

Plus: The FDA approves Eli Lilly’s new Alzheimer’s treatment. But shares fall as President Biden calls for lower drug prices. J.R. Whalen reports.

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Tesla Vehicle Deliveries Declined 4.8% in Q2

Tue, 02 Jul 2024 16:33:00 -0000

Plus: Former President Donald Trump asks a Manhattan judge to throw out his conviction in his hush-money case. Militia fighters in Sudan open a new front in the 14-month-old war as aid groups warn of impending famine. J.R. Whalen reports.

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Satellite Images Show Expansion of Suspected Chinese Spy Bases in Cuba

Tue, 02 Jul 2024 10:40:00 -0000

Plus: NATO moves to shore-up long-term support for Ukraine. And, Tesla reports second quarter deliveries. Luke Vargas hosts.

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Tesla Shares Rise 6% as Nasdaq Reaches New Record

Mon, 01 Jul 2024 21:11:00 -0000

Plus: Boeing shares climb 2.6% after announcing it will acquire Spirit AeroSystems. Chewy shares decline after investor “Roaring Kitty” disclosed a 6.6% stake in the company. J.R. Whalen reports.

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U.S. Supreme Court Rules Trump Retains Significant Immunity

Mon, 01 Jul 2024 16:25:00 -0000

Plus: The stock trader known as “Roaring Kitty” discloses a 6.6% stake in Chewy. The European Union charges Meta Platforms with breaching its new digital-competition law. J.R. Whalen reports.

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Boeing to Buy Troubled 737 Supplier Spirit AeroSystems

Mon, 01 Jul 2024 11:32:00 -0000

Plus: Marine Le Pen’s far-right National Rally party scores major victory in French parliamentary elections. And, tech companies look to buy electricity directly from nuclear plants to power AI data centers. Kate Bullivant hosts.

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U.S. Stock Markets Post Strong Gains for First Half of 2024

Fri, 28 Jun 2024 21:03:00 -0000

Plus: Nike shares fall sharply a day after reporting disappointing sales. Shares of several clean-energy stocks decline following Thursday’s presidential debate. J.R. Whalen reports.

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Supreme Court Narrows Law Used Against Some Jan. 6 Rioters

Fri, 28 Jun 2024 16:25:00 -0000

Plus: High court expands the power of federal judges to second-guess federal agency decisions. A key inflation measure keeps hopes alive for sooner interest-rate cuts. J.R. Whalen reports.

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Biden Crashes Against Trump in Presidential Debate

Fri, 28 Jun 2024 10:48:00 -0000

Plus: The NFL is told to pay $4.7 billion in damages to customers of its “Sunday Ticket” package. And, Iranians vote in an election that will help shape succession plans for the country’s next supreme leader. Kate Bullivant hosts.

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Micron Leads Several Chip Stocks Lower

Thu, 27 Jun 2024 21:10:00 -0000

Plus: Amazon shares rise on reports that the company plans to sell discount merchandise from China to compete with Temu and Shein. Nike shares fall after hours in response to lower revenue. J.R. Whalen reports.

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Supreme Court Rejects Purdue Pharma Bankruptcy Plan

Thu, 27 Jun 2024 16:22:00 -0000

Plus: The high court allows emergency abortions in Idaho. Walgreens shares plummet after the pharmacy chain issues disappointing earnings and says it plans to close a substantial number of stores in the U.S. J.R. Whalen reports.

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Bolivian Soldiers Storm Presidential Palace in Failed Coup Attempt

Thu, 27 Jun 2024 10:37:00 -0000

Plus: Amazon recruits artificial intelligence to help manage its finances. And, chip maker Micron Technology’s earnings disappoint investors. Kate Bullivant hosts.

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Amazon’s Market Value Tops $2 Trillion for the First Time

Wed, 26 Jun 2024 20:57:00 -0000

Plus: FedEx shares jump after the company reported higher revenue after six straight quarters of declines. Micron shares drop after hours following the company issuing current-quarter projections that were in line with expectations. J.R. Whalen reports.

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Supreme Court Rejects GOP-Led Suit Alleging Social-Media Censorship

Wed, 26 Jun 2024 16:41:00 -0000

Plus: Southwest Airlines cuts its quarterly revenue forecast due to changes in passenger booking patterns. The IRS’s watchdog says the agency’s customer-service phone system is inefficient. J.R. Whalen reports.

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Falsely Accused WSJ Reporter in Court for Start of Secret Russian Trial

Wed, 26 Jun 2024 10:23:00 -0000

Plus: President Biden moves to pardon LGBTQ military service members who were discharged or prosecuted because of their sexual orientation. And, the number of pedestrians killed by drivers remains high. Kate Bullivant hosts.

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Nvidia Bounces Back, Bringing the Nasdaq With It

Tue, 25 Jun 2024 21:11:00 -0000

Plus: Carnival shares rise after posting an unexpected quarterly profit. And Rivian shares soar in after-hours trading after news of a $1 billion investment by Volkswagen. Danny Lewis hosts.

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Tech Investor Sean Parker Leads Investor Group to Save AI Startup

Tue, 25 Jun 2024 16:34:00 -0000

Plus: U.S. Surgeon General warns that gun-violence is a public-health crisis. And Israel’s high court strikes down military draft exemptions for ultra-Orthodox Jewish students. Danny Lewis hosts.

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Julian Assange Cuts Deal to Plead Guilty in U.S. Espionage Case and Walk Free

Tue, 25 Jun 2024 10:28:00 -0000

Plus: In a last-minute twist, Boeing offers to fund its acquisition of partsmaker Spirit AeroSystems stock rather than cash. And, Airbus shares sink as the plane maker struggles to hit its targets. Kate Bullivant hosts.

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Nvidia’s Slump Continues Amid an Otherwise Decent Day for Stocks

Mon, 24 Jun 2024 21:06:00 -0000

The AI chipmaker’s fall from the top drags down the S&P 500 and Nasdaq. Plus: Apple and Meta Platforms shares rise after The Journal reported that the Facebook parent company held talks with the iPhone maker about integrating its generative AI model into Apple Intelligence. Danny Lewis hosts.

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Supreme Court Will Weigh Bans on Transgender Medical Care

Mon, 24 Jun 2024 16:07:00 -0000

Plus: European Union hits Russia with new sanctions on gas exports. And U.S. car dealerships are still struggling in the wake of a cyberattack. Danny Lewis hosts.

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Apple Hit With Charges New EU Competition Rules

Mon, 24 Jun 2024 09:59:00 -0000

Plus: Apple discusses an artificial-intelligence partnership with Meta. Terrorist attacks in Russia’s Dagestan kill more than 15 police officers and several civilians. Kate Bullivant hosts.

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S&P 500 Ebbs But Holds On to Third Week Of Gains

Fri, 21 Jun 2024 21:09:00 -0000

Plus: Shares in several major banks fall after federal regulators raise concerns about their wind-down plans. Shares in Sarepta Therapeutics jump after its new muscular dystrophy gene therapy receives approval. And Nikola’s stock rises after the embattled EV maker’s board approves a reverse stock split. Danny Lewis hosts.

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Supreme Court Says Domestic Abusers Can Be Denied Guns

Fri, 21 Jun 2024 16:20:00 -0000

Plus: U.S. home prices hit record highs in May. And cyberattacks on a software vendor are forcing thousands of car dealerships to use pen and paper to make sales. Danny Lewis hosts.

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Trump, Biden Take in Huge Donations From Billionaires

Fri, 21 Jun 2024 10:31:00 -0000

Plus: the IRS plans to deny billions of dollars of what it says are improper claims for a popular Covid-era tax credit. And, the Biden administration bans sales of software built by Russia’s Kaspersky Lab in the U.S. Luke Vargas hosts.

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Nasdaq, S&P Pull Back From Record Highs

Thu, 20 Jun 2024 21:12:00 -0000

Nvidia shares tumble just days after becoming the most valuable U.S. company. Gilead Sciences rises after reporting successful results from an HIV prevention drug study. And Kroger falls after reporting its latest quarterly results. Danny Lewis hosts.

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Supreme Court Rejects Challenge to Income Tax on Overseas Investments

Thu, 20 Jun 2024 16:26:00 -0000

Plus: BP says it will take full control of its Brazilian biofuel joint venture. And the Bank of England held its key interest rate steady despite easing inflation. Danny Lewis hosts.

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Louisiana Requires Ten Commandments to Be Displayed in Public Schools

Thu, 20 Jun 2024 10:33:00 -0000

Plus: Issues with Boeing’s Starliner spacecraft delay the return of astronauts back to Earth. And, Honeywell strikes a $2 billion deal to buy a defense business. Luke Vargas hosts.

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Nvidia Becomes America’s Most Valuable Company

Tue, 18 Jun 2024 21:26:00 -0000

The chipmaker blew past Microsoft and Apple on an otherwise subdued trading day, bringing major U.S. indexes higher along with it. Danny Lewis hosts.

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Congressional Leaders Unblock Major Arms Sale to Israel

Tue, 18 Jun 2024 15:24:00 -0000

Plus: Chinese authorities deny speculation of a tax evasion crackdown on businesses. And Boeing’s CEO testifies before Congress as new whistleblower allegations surface over quality control. Danny Lewis hosts.

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EV Startup Fisker Files for Bankruptcy

Tue, 18 Jun 2024 10:17:00 -0000

Plus: Several high-profile candidates turn down the chance to be Boeing’s next CEO. And, Apple scraps its buy now, pay later service just over a year after launching it. Luke Vargas hosts.

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Tech Stocks Lift S&P and Nasdaq to New Records

Mon, 17 Jun 2024 21:20:00 -0000

Plus: we exclusively report the FDIC is preparing to give Citigroup a failing grade on its living- will plan. And GameStop shares fall after its delayed shareholder meeting. Danny Lewis hosts.

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U.S. Surgeon General Calls for Social-Media Warning Labels

Mon, 17 Jun 2024 17:43:00 -0000

Plus: Adidas investigates corruption allegations against its executives in China. And the owners of bottled water brands Fiji and Poland Spring announced a merger. Danny Lewis hosts.

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Chinese Stocks Fall After Latest Data Shows Little Progress in Property Sector

Mon, 17 Jun 2024 10:30:00 -0000

Plus: Activist Starboard Value has a stake in Autodesk and is pushing for changes. And, Russia sets a hearing date for falsely accused WSJ reporter Evan Gershkovich. Luke Vargas hosts.

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Dow, S&P Drop on Consumer Confidence Worries

Fri, 14 Jun 2024 20:28:00 -0000

Plus: Adobe shares rise 14.5%, their largest increase since 2020, after the company issued a strong earnings report. Shares of several cruise operators fall due to concerns of lower pricing in June. J.R. Whalen reports.

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Supreme Court Throws Out Ban on Bump Stocks

Fri, 14 Jun 2024 16:36:00 -0000

Plus: Tesla shares trade lower as the future of Elon Musk’s multi-billion dollar pay package approved by shareholders faces legal challenges. J.R. Whalen reports.

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Trump Floats ‘All-Tariff’ Federal Revenue System

Fri, 14 Jun 2024 10:31:00 -0000

Plus: Russian attacks are crippling Ukraine’s electricity production. And, the Bank of Japan holds interest rates steady, but signals it is moving toward monetary tightening. Kate Bullivant hosts.

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Apple Tops Microsoft as Most Valuable Company by Market Cap

Thu, 13 Jun 2024 21:00:00 -0000

Plus: Tesla shares rise 2.9% ahead of the company’s annual shareholder meeting. Broadcom shares climb 12% a day after the chip maker announced a 10-for-1 stock split. J.R. Whalen reports.

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Supreme Court Rejects Challenge to Abortion Pill

Thu, 13 Jun 2024 16:46:00 -0000

Also: Russian prosecutors approved an indictment of Wall Street Journal reporter Evan Gershkovich, who has been falsely accused of espionage and held in prison in Russia for over a year on allegations he, the Journal and the U.S. government vehemently deny. And Disney and Florida Governor Ron DeSantis end their long-running fight. J.R. Whalen reports.

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Argentina’s Leader Cinches Political Win While Protests Rage

Thu, 13 Jun 2024 10:15:00 -0000

Plus: Donald Trump is returning to Capitol Hill for the first time since the Jan. 6 riot to rally Republicans and drum up support from business leaders. And, many lawmakers working in Washington are turning to a new housing subsidy that can add thousands of dollars to their pay. Kate Bullivant hosts.

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Fed Officials Project One Rate Hike in 2024

Wed, 12 Jun 2024 21:10:00 -0000

Plus: Apple shares rise 2.9% to lead the S&P 500. Broadcom announces a 10-for-1 stock split effective July 15. J.R. Whalen reports.

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U.S. Inflation Dipped to 3.3% in May

Wed, 12 Jun 2024 15:48:00 -0000

Plus: The International Energy Agency predicts a global oil glut this decade. FedEx plans to lay off up to 2,000 workers in Europe. J.R. Whalen reports.

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Biden Heads to Italy for G-7 Summit, With Ukraine in Focus

Wed, 12 Jun 2024 10:28:00 -0000

Plus: Amazon plans to invest on building data centers in Taiwan. And, violent crime rates fall sharply after a pandemic surge. Kate Bullivant hosts.

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Apple Shares Climb 7.3% to New Record

Tue, 11 Jun 2024 20:53:00 -0000

Plus: Shari Redstone’s National Amusements ends merger talks with Skydance Media. Boeing shares fall after reporting disappointing orders figures for May. J.R. Whalen reports.

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Hunter Biden Convicted on Gun Charges

Tue, 11 Jun 2024 15:55:00 -0000

Plus: Shares of Apple climb a day after the company introduced AI features for devices. Shares of shipping and logistics companies fall amid the prospect for a ceasefire between Israel and Hamas. J.R. Whalen reports.

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White House Close to Naming New FDIC Chair

Tue, 11 Jun 2024 10:13:00 -0000

Plus, The U.N. Security Council approves its first resolution endorsing a cease-fire plan aimed at ending the war between Israel and Hamas. And, access to the Port of Baltimore has been restored, reopening one of America’s busiest waterways. Kate Bullivant hosts.

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Apple Unveils ‘Apple Intelligence’ at WWDC

Mon, 10 Jun 2024 20:57:00 -0000

Plus: Nvidia shares edge higher following Friday’s 10-for-1 stock split. Krispy Kreme shares climb 6.5% on an analyst’s upgrade related to the company’s partnership with McDonald’s. J.R. Whalen reports.

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Apple Expected to Announce Several New AI Features

Mon, 10 Jun 2024 16:36:00 -0000

Plus: Volvo recalls all of its EX30 fully electric SUVs due to a software glitch. Former media executive Edgar Bonfman. Jr. has expressed interest in purchasing National Amusements, the company that owns Paramount Global. J.R. Whalen reports.

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Rise of Right in Europe Prompts Macron to Call Snap Vote

Mon, 10 Jun 2024 10:19:00 -0000

Plus, Elliott Investment Management builds a large stake in Southwest Airlines. And, companies push back pledges to minimize plastic waste. Kate Bullivant hosts.

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GameStop Shares Plummet Nearly 40%

Fri, 07 Jun 2024 20:39:00 -0000

Plus: The three big stock indexes fall as May’s employment report jolts interest-rate expectations. Nvidia stock is splitting after big gains this year. J.R. Whalen reports.

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Employers Added 272,000 Jobs to U.S. Economy in May

Fri, 07 Jun 2024 15:43:00 -0000

Plus: GameStop reports sales fell 40% last quarter but that it narrowed losses. The Israeli military said it repelled an attack by militants from Gaza. J.R. Whalen reports.

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Biden to Put Democracy at Center of Re-Election Pitch

Fri, 07 Jun 2024 10:58:00 -0000

Plus, Chinese exports top forecasts in May despite looming U.S. tariffs. And Saudi Arabia is set to raise more than $11.2 billion from Aramco’s fresh stock offering. Luke Vargas hosts.

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S&P 500, Nasdaq Decline Ahead of Friday’s Jobs Report

Thu, 06 Jun 2024 20:29:00 -0000

Plus: Nvidia shares fall as many big tech stocks pull back. Lululemon shares rise after the company reports up beat performance in China. J.R. Whalen reports.

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European Central Bank Lowers Rates for First Time Since 2019

Thu, 06 Jun 2024 16:13:00 -0000

Plus: The U.S. Food and Drug Administration rescinds its ban on Juul Labs’s e-cigarettes. SpaceX successfully guides its Starship rocket through re-entry and controlled splashdown in the Indian Ocean. J.R. Whalen reports.

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FTC Launches Antitrust Probe of Microsoft AI Deal

Thu, 06 Jun 2024 10:38:00 -0000

Plus, Palestinian officials say dozens of people were killed after the Israeli military struck a United Nations school in Gaza. And GOP lawmakers scrutinize Chinese EV-battery makers’ supply chains. Luke Vargas hosts.

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Nvidia Tops $3 Trillion Valuation for First Time

Wed, 05 Jun 2024 21:04:00 -0000

Plus: The yield on the 10-year Treasury note falls for the fifth straight day. Dollar Tree shares drop as it explores a possible sale of its Family Dollar business. J.R. Whalen reports.

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NBA Nearing New TV Deal Worth $76 Billion

Wed, 05 Jun 2024 17:00:00 -0000

Plus: A European Union court rules McDonald’s no longer has the exclusive right to call chicken sandwiches sold in the bloc a “Big Mac.” Boeing’s Starliner spacecraft blasts off and is set to dock with the International Space Station tomorrow. J.R. Whalen reports.

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Black Rock and Citadel Plan New Texas Stock Exchange

Wed, 05 Jun 2024 10:41:00 -0000

Plus, Chinese carmakers BYD and NIO clear a regulatory hurdle for their automated driving technology. And, Dollar Tree looks to spin off or revive its struggling Family Dollar business. Luke Vargas hosts.

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U.S. Stocks Rise Despite Concerns Over Consumer Spending

Tue, 04 Jun 2024 21:09:00 -0000

Plus: Shares of several big cruise operators finish higher after strong earnings results. Exxon Mobil and Marathon Oil shares move lower as oil future prices continue their recent decline. J.R. Whalen reports.

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Lawmakers Grill Merrick Garland Over Audio of Biden Meeting

Tue, 04 Jun 2024 16:24:00 -0000

Plus: Cannabis producer Green Thumb Industries has expressed interest in merging with Boston Beer. Germany’s unemployment rate held steady in May for the sixth-straight month. J.R. Whalen reports.

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Private Equity Puts Brakes on Healthcare Roll-Up Deals

Tue, 04 Jun 2024 10:53:00 -0000

Plus, Indian Prime Minister Narendra Modi struggles to hold on to his majority, early election results show. And, New York is set to restrict social-media algorithms for teenagers. Luke Vargas hosts.

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Paramount Global Shares Rise 7.5% as Skydance Revises Offer

Mon, 03 Jun 2024 18:44:00 -0000

Plus: Spotify shares climb on price-hike plan. U.S. oil futures fall to their lowest level since February. J.R. Whalen reports.

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Biden to Issue Executive Order on Southern Border

Mon, 03 Jun 2024 16:27:00 -0000

Plus: Jury selection begins in Hunter Biden’s criminal trial. Medical technology company Becton Dickinson agreed to acquire a unit of Edwards Lifesciences for $4.2 billion. J.R. Whalen reports.

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Skydance Offer Gives Paramount Shareholders Option to Cash Out

Mon, 03 Jun 2024 10:51:00 -0000

Plus, OPEC+ agrees to extend production cuts in a bid to boost oil prices. And, Nvidia accelerates its AI chip roadmap. Peter Granitz hosts.

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Dow Gains Nearly 600 Points to Close Out the Month

Fri, 31 May 2024 20:49:00 -0000

Plus: Caesars Entertainment shares rise on reports that Carl Icahn has built a large stake in the casino operator. Shares of Gap climb after the clothing retailer posts strong results at each of its brands. J.R. Whalen reports.

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Trump Calls Trial ‘Unfair’, Presses Ahead With Campaign

Fri, 31 May 2024 16:20:00 -0000

Plus: The Fed's preferred inflation gauge held steady in the U.S. in April. But inflation picked up in the Eurozone in May. And a Chinese regulator has fined a unit of Evergrande for alleged financial misconduct. Alex Ossola hosts.

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Trump Verdict Rocks 2024 Presidential Campaign

Fri, 31 May 2024 10:22:00 -0000

Plus, hedge fund manager Bill Ackman plans to take Pershing Square public. And, Chinese manufacturing unexpectedly slows down, prompting concern over Beijing’s economic strategy. Peter Granitz hosts.

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Trump Found Guilty on All Counts in New York Hush-Money Case

Thu, 30 May 2024 21:20:00 -0000

A New York jury found Donald Trump guilty on all 34 counts for falsifying business records to cover up hush-money payments to a porn star during the 2016 election. He’s the first U.S. president ever convicted of a crime. In markets, business-software and services take a backseat as companies continue investing in AI. But retailers like Best Buy and Costco saw gains after beating earnings expectations. And Paramount Global stock rises after WSJ reports that a potential buyer sweetened its offer. Danny Lewis hosts.

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Tesla Blasts Proxy Adviser’s Criticism of Elon Musk’s Pay Package

Thu, 30 May 2024 16:29:00 -0000

Plus: China will impose export controls on aviation equipment and technology. Early vote count in South Africa suggests historic rebuke for Nelson Mandela’s political party. And a bankruptcy court gives WeWork’s reorganization plan the go-ahead. Danny Lewis hosts.

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Biden Administration Weighs Letting Ukraine Use U.S. Weapons to Strike Inside Russia

Thu, 30 May 2024 10:50:00 -0000

Biden Administration Weighs Letting Ukraine Use U.S. Weapons to Strike Inside Russia

DEK: Plus: FDIC Chairman Martin Gruenberg may be resigning under a cloud, but he might remain in charge for several months. And, Hong Kong convicts 14 pro-democracy activists as Beijing cements its control over the city. Kate Bullivant hosts.

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Rising Bond Yields Weigh on Stocks

Wed, 29 May 2024 21:19:00 -0000

Investors are recalibrating their interest rate expectations. Plus: Marathon Oil shares rise after $17 billion takeover by ConocoPhillips. Chewy shares jump after posting better-than-expected results. And American Airlines stock falls after cutting its quarterly outlook. Danny Lewis hosts.

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Jury Begins Deliberations in Trump Hush-Money Trial

Wed, 29 May 2024 16:34:00 -0000

Plus: ConocoPhillips agrees to purchase Marathon Oil. And BHP Group drops bid to buy Anglo American. Danny Lewis hosts.

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Democrats Plan $100 Million Push on Abortion Rights to Win Back House

Wed, 29 May 2024 10:44:00 -0000

Plus: The IMF lifts its growth forecast for China on the back of stronger data. And, drugmaker Merck closes in on a $1.3 billion deal to buy Eyebiotech. Peter Granitz hosts.

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Nvidia Shares Help Lift Nasdaq

Tue, 28 May 2024 21:42:00 -0000

Plus: U.S. Treasury yields weigh on stocks elsewhere. GameStop surges after stock sales. And Hess and Chevron inch up after shareholders approve a $53 billion merger. Danny Lewis hosts.

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Saudi Arabia to Raise up to $20 Billion in Fresh Aramco Stock Sale

Tue, 28 May 2024 16:33:00 -0000

Plus: T-Mobile agrees to buy most of U.S. Cellular in a $4.4 billion deal. And officials say that the European Central Bank will lower its key interest rate this year, but timing will depend on wages and prices data. Danny Lewis hosts.

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Trump Hush-Money Verdict Set to Shape Summer of Presidential Politics

Tue, 28 May 2024 10:09:00 -0000

Plus: Israel’s Benjamin Netanyahu calls a deadly strike on southern Gaza that killed dozens of people a “tragic mistake” and promises an investigation as condemnation mounts. And, Elon Musk’s xAI becomes the second most valuable AI startup after OpenAI. Kate Bullivant hosts.

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Stock Markets Rise to End the Week

Fri, 24 May 2024 20:51:00 -0000

Plus: Another record trading day for chipmaker Nvidia. Intuit shares fall after executives said the number of people using its TurboTax product for free declined. J.R. Whalen reports.

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UN Court Orders Israel to Halt Some Military Operations in Rafah

Fri, 24 May 2024 16:16:00 -0000

Plus: The U.S. and its allies are crafting a plan to fund Ukraine with interest payments from frozen Russian assets. Eli Lilly says it will spend more than $5 billion to boost production of weight-loss drug Zepbound and diabetes treatment Mounjaro. J.R. Whalen reports.

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SEC Approves Ether ETF

Fri, 24 May 2024 10:30:00 -0000

Plus: The NCAA agrees to allow schools to pay student athletes directly. And, the Louisiana legislature passes a bill that classifies abortion bills as controlled substances. Kate Bullivant hosts.

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Dow Drops 600 Points

Thu, 23 May 2024 20:56:00 -0000

Plus: Boeing shares slide 7.6% after its finance chief warned of significant cash-flow problems. Average mortgage rates fall below 7% for the first time in more than a month. J.R. Whalen reports.

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DOJ Sues Live Nation-Ticketmaster, Alleging Ticketing Monopoly

Thu, 23 May 2024 16:55:00 -0000

Plus: South Korea unveils a $19 billion package to boost its semiconductor industry. Trump says his relationship with Putin will help free jailed WSJ reporter Evan Gershkovich. J.R. Whalen reports.

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Nvidia Sales Triple as AI Boom Continues

Thu, 23 May 2024 10:25:00 -0000

Plus: The Justice Department plans to sue Live Nation alleging the company illegally suppressed competition. And, China has launched large-scale military drills encircling Taiwan. Kate Bullivant hosts.

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Nvidia Shares Pop After Sales Tripled in Latest Quarter

Wed, 22 May 2024 20:38:00 -0000

Plus: The big U.S. indexes fall after Federal Reserve minutes indicate interest rates could remain higher for longer. Solar stocks climb on optimism that new tariffs on Chinese solar panels could boost the sector. J.R. Whalen reports.

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Three European Nations Move to Recognize a Palestinian State

Wed, 22 May 2024 15:49:00 -0000

Plus: U.S. home prices unexpectedly declined in April. Target said sales fell 3.7% over the past three months. J.R. Whalen reports.

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Yellen Seeks European Push Back Against Chinese Exports

Wed, 22 May 2024 10:08:00 -0000

Plus: Donald Trump decides against testifying in his hush-money trial in New York. And, shares of chipmaker Nvidia hit another record ahead of today’s earnings report. Kate Bullivant hosts.

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Nvidia Shares Rise Ahead of Earnings Release

Tue, 21 May 2024 21:14:00 -0000

Plus: The S&P 500 and Nasdaq close at record levels. Macy’s shares rise 5.1% after the department-store chain raised its outlook. J.R. Whalen reports.

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One Dead After Singapore Airlines Jet Encounters Severe Turbulence

Tue, 21 May 2024 16:14:00 -0000

Plus: The defense rests in Donald Trump’s hush-money trial without the former president testifying. Samsung Electronics replaces the head of its semiconductor business after the company fell behind rivals in the recent artificial-intelligence boom. J.R. Whalen reports.

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Trump’s Hush-Money Trial Boosts Campaign Donations

Tue, 21 May 2024 10:45:00 -0000

Plus: The Chairman of the FDIC, Martin Gruenberg, has said he will resign from his post. And, the Environmental Protection Agency is warning that American drinking-water systems are vulnerable to cybersecurity threats. Kate Bullivant hosts.

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Chip-Company Shares Lead Nasdaq to New Record

Mon, 20 May 2024 21:06:00 -0000

Plus: JPMorgan shares fall 4.5% after CEO Jamie Dimon said he’ll likely leave his post within five years. Netflix shares climb 3.2% to their highest level since late 2021. J.R. Whalen reports.

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ICC Prosecutor Seeks Arrest Warrant for Israel’s Netanyahu, Hamas Leader

Mon, 20 May 2024 16:51:00 -0000

Plus: Starwood Capital Group’s $10 billion real-estate fund is scrambling to avoid a cash crunch. Sen. Sharrod Brown, chairman of the Senate Banking Committee, has called for the ouster of FDIC chairman Martin Gruenberg after allegations of widespread harassment and discrimination at the agency. J.R. Whalen reports.

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Iran’s President Dies in a Helicopter Crash

Mon, 20 May 2024 10:18:00 -0000

Plus: China announces sanctions against Boeing and other U.S. defense contractors. And, Red Lobster files for chapter 11 bankruptcy in Florida. Luke Vargas hosts.

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Dow Closes Above 40000 for First Time

Fri, 17 May 2024 20:53:00 -0000

Plus: Take-Two Interactive shares rise despite the company delaying Grand Theft Auto release. Reddit shares climb 10% after it signs a deal with OpenAI. J.R. Whalen reports.

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Microsoft to Release Latest ‘Call of Duty’ to Its Subscription Service

Fri, 17 May 2024 16:09:00 -0000

Plus: Voting results are expected today at a Mercedes-Benz plant in Alabama regarding UAW representation. At least four people were killed after surprise, hurricane-strength winds battered Houston. J.R. Whalen reports.

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IMF Criticizes Biden’s New China Tariffs

Fri, 17 May 2024 10:46:00 -0000

Plus: Allies of former president Donald Trump draw up plans for an unprecedented immigration crackdown. And, Spirit AeroSystems plans to lay off between 400 to 450 workers. Kate Bullivant hosts.

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Walmart Shares Rise 7% on Strong Sales Report

Thu, 16 May 2024 20:59:00 -0000

Plus: the Dow touches 40000 before closing lower. Chubb shares climb 4.7% after Warren Buffett’s Berkshire Hathaway announces a $6.7 billion stake in the insurer. J.R. Whalen reports.

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The Dow Crosses the 40000 Milestone for the First Time

Thu, 16 May 2024 16:40:00 -0000

Plus: The Supreme Court on Thursday rejected a constitutional challenge that could have dismantled the Consumer Financial Protection Bureau. President Biden asserts executive privilege over audio of his two-day special counsel interview regarding the handling of classified documents. J.R. Whalen reports.

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Microsoft Asks China-Based Staff to Consider Relocation

Thu, 16 May 2024 09:50:00 -0000

Plus: Alarm in Washington as Russia tests a weapon with the potential to destroy hundreds of satellites. And, Warren Buffet’s latest big investment is Chubb. Kate Bullivant hosts.

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Dow, S&P, Nasdaq Each Hit New Records

Wed, 15 May 2024 20:51:00 -0000

Stocks rallied in response to April’s inflation rate falling to 3.4%. Plus: McDonald’s shares rise 1.2% as the fast-food giant plans a $5 meal bundle this summer. J.R. Whalen reports.

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U.S. Inflation Eased to 3.4% in April

Wed, 15 May 2024 16:28:00 -0000

Plus: President Biden and former President Donald Trump agree to two debates in June and September. Slovakia’s prime minister is in critical condition after being shot multiple times. J.R. Whalen reports.

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Biden Moves Forward on $1 Billion Israel Arms Deal

Wed, 15 May 2024 10:28:00 -0000

Plus: The Justice Department says Boeing violated a criminal settlement reached over two 737 MAX crashes. And, OpenAI’s chief scientist Ilya Sutskever is set to leave the company. Kate Bullivant hosts.

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Stock Markets Rally Ahead of Wednesday’s Inflation Report

Tue, 14 May 2024 20:51:00 -0000

Plus: Alphabet shares rise 0.6% as Google plans to show AI-powered search results to people by year’s end. GameStop shares climb another 60% following Monday’s surge. J.R. Whalen reports.

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Michael Cohen Says He Discussed Hush-Money Repayment With Trump

Tue, 14 May 2024 15:58:00 -0000

Plus: The producer price index that reflects what suppliers charge businesses rose more than expected in April. Walmart plans to cut hundreds of corporate jobs and ask most remote workers to return to offices. J.R. Whalen reports.

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The Meme Stock Rally Returns as AMC, Gamestop Soar

Tue, 14 May 2024 10:49:00 -0000

Plus: Mining giant Anglo American plans to split up its assets after rejecting a $43 billion takeover offer from rival BHP. And, the White House announces a swathe of new tariffs on China. Kate Bullivant hosts.

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GameStop Shares Jump 74% After Meme-Stock Guru Tweets

Mon, 13 May 2024 21:01:00 -0000

Plus: Intel shares finish 2.2% higher following a WSJ report that it is close to securing $11 billion to build a chip plant in Ireland. Kraft Heinz shares rise 0.7% after we reported it is exploring a sale of Oscar Mayer. J.R. Whalen reports.

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Michael Cohen Takes the Stand in Trump’s Hush-Money Trial

Mon, 13 May 2024 15:41:00 -0000

Plus: Mining company Anglo American rejects a sweetened $43 billion takeover bid from rival BHP. China will begin selling ultralong bonds to support its economy. J.R. Whalen reports.

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Security Shake-Up in Russia, Putin Replaces Defence Minister

Mon, 13 May 2024 10:32:00 -0000

Plus: Former lawyer Michael Cohen is set to testify in Donald Trump’s hush money trial. And, workers at a Mercedes plant in Alabama vote on whether to join the UAW. Kate Bullivant hosts.

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U.S. Stocks Finish Mixed Amid Weaker Consumer Sentiment

Fri, 10 May 2024 20:01:00 -0000

Plus: Chip stocks rise after TSMC posts strong April revenue figures. Novavax shares nearly double after the drugmaker strikes a licensing deal with French healthcare company Sanofi. J.R. Whalen reports.

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Biden Administration Set to Quadruple Tariffs on Chinese EVs

Fri, 10 May 2024 16:23:00 -0000

Plus: Tesla CEO Elon Musk says the company plans to spend more than $500 million to expand its electric-vehicle charging network this year. Police cleared pro-Palestinian encampments at the University of Pennsylvania and MIT. J.R. Whalen reports.

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U.S. Says Floating Pier to Deliver Gaza Aid Days Away From Operation

Fri, 10 May 2024 10:17:00 -0000

Plus: Honda and Nissan are forecasting a drop in annual net profits. And Apple apologizes for a new iPad ad seen by many as distasteful to creatives. Luke Vargas hosts.

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U.S. Stocks Market Rise as Rate-Cut Hopes Build

Thu, 09 May 2024 20:56:00 -0000

Plus: T-Mobile shares advance 1.1% and Verizon shares climb 0.8% on a WSJ report that the companies are in talks to carve up U.S. Cellular. The average 30-year mortgage rate fell to its lowest level since mid-April. J.R. Whalen reports.

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Stormy Daniels Faces Off With Trump’s Attorney

Thu, 09 May 2024 16:24:00 -0000

Plus: Norfolk Southern shareholders vote against ousting CEO Alan Shaw. The Bank of England holds interest rates steady at a 16-year high. J.R. Whalen reports.

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U.S. Threatens to Withhold More Weapons to Israel

Thu, 09 May 2024 10:04:00 -0000

Plus: Intel lowers its sales outlook after the Commerce Department revokes some exports licenses to Huawei. And Uber delivers a surprise loss despite rising revenue. Luke Vargas hosts.

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Intel Shares Drop 2.2% Amid Trade Restrictions

Wed, 08 May 2024 21:02:00 -0000

Plus: Shopify shares fall 19% after the company forecast slower sales. Reddit shares rise 4.1% on strong user growth. J.R. Whalen reports.

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Israeli Forces, Hamas Fighters Clash in Rafah

Wed, 08 May 2024 16:46:00 -0000

Plus: Microsoft says it is investing billions of dollars on AI in Wisconsin. The estate of bankrupt cryptocurrency exchange FTX says most creditors will receive their money back in cash and interest. J.R. Whalen reports.

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White House Hits Pause on Weapons Shipments to Israel

Wed, 08 May 2024 10:10:00 -0000

Plus: Toyota tops analyst expectations on the back of a weaker Yen. And AB InBev continues to feel the impact of declining Bud Light sales in the U.S. Kate Bullivant hosts.

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Palantir Shares Fall 15% Over Revenue Growth Concerns

Tue, 07 May 2024 20:59:00 -0000

Plus: Tesla shares decline 3.8% as a federal regulator wants more information on the autopilot system tied to a December recall. Lyft shares rise 2% on an upbeat earnings report. J.R. Whalen reports.

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Ukraine Says It Foiled a Plot to Kill President Volodymyr Zelensky

Tue, 07 May 2024 16:11:00 -0000

Plus: Porn star Stormy Daniels testifies in Donald Trump’s hush-money trial. Disney says it is getting close to profitability in its streaming unit. J.R. Whalen reports.

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Apple to Develop Own AI Data Center Chips

Tue, 07 May 2024 09:50:00 -0000

Plus: Israel seizes a key Gaza border crossing ahead of a planned assault on Rafah. And BP and Saudi AraMco report drops in profit amid weak demand and lower crude prices. Kate Bullivant hosts.

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Nvidia Shares Up 3.8% as Chip Stocks Rally

Mon, 06 May 2024 20:58:00 -0000

Plus: Boeing shares decline 0.8% as the FAA launches an investigation into whether employees skipped some inspections on 787 Dreamliners. Tyson Foods shares fall 5.7% after the company said improving chicken profitability helped offset losses in its beef business. J.R. Whalen reports.

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Columbia University Cancels Main Commencement Ceremony

Mon, 06 May 2024 16:32:00 -0000

Plus: The judge in Donald Trump’s hush-money trial finds him in contempt of court for a 10th time. ABC News president Kim Godwin steps down after a corporate restructuring. J.R. Whalen reports.

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Xi Jinping Begins Europe Tour in Test of Continent’s Allegiances

Mon, 06 May 2024 10:39:00 -0000

Plus: Israel begins warning Gazans to evacuate ahead of an anticipated offensive on the city of Rafah. And Berkshire Hathaway trims its stake in Apple and closes its position in Paramount Global. Luke Vargas hosts.

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Dow Gains 450 Points as Jobs Report Signals Possible Rate Cut

Fri, 03 May 2024 20:48:00 -0000

Plus: Apple shares rise 6% after the iPhone maker predicted a rise in sales this quarter. Shares of travel booking site Expedia fell 15% after reporting disappointing results. J.R. Whalen reports.

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U.S. Hiring, Wage Growth Slowed in April

Fri, 03 May 2024 15:54:00 -0000

Plus: The Eurozone’s unemployment rate held steady at a record low in March. Israel has given Hamas one week to accept a cease-fire deal. J.R. Whalen reports.

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U.S. Shuffles Military Assets in Middle East After U.A.E. Pushback

Fri, 03 May 2024 10:29:00 -0000

Plus: TikTok tells advertising clients that it will fight the looming U.S. ban of its app in court. And, journalists face growing threats around the world. Luke Vargas hosts.

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Apple Reports Lower iPhone Sales, Projects Revenue Growth

Thu, 02 May 2024 19:41:00 -0000

Plus: Paramount Global shares jump after Sony Pictures and Apollo Global Management make a $26 billion offer. Cigna shares fall after the healthcare company reports a quarterly loss. J.R. Whalen reports.

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Police Detain Pro-Palestinian Protesters at UCLA

Thu, 02 May 2024 16:25:00 -0000

Plus: Peloton says CEO Barry McCarthy is stepping down and it reduces its global workforce by 15%. Exxon Mobil agrees not to add Pioneer Natural Resources CEO Scott Sheffield to its board as part of a deal to acquire the company. J.R. Whalen reports.

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Insurer to Make $350 Million Payout in Baltimore Bridge Collapse

Thu, 02 May 2024 10:27:00 -0000

Plus: Exxon Mobil reaches an agreement to close its $60 billion merger with Pioneer. And, TikTok strikes a licensing deal to return Universal Music artists to the platform. Luke Vargas hosts.

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Fed Holds Interest Rates Steady, Cites Inflation Setback

Wed, 01 May 2024 21:06:00 -0000

Plus: Amazon shares rise 2.2% a day after the tech giant reported better-than-expected earnings. DoorDash reports record-high revenue, but its per-share loss was more than Wall Street expected. J.R. Whalen reports.

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Hundreds Arrested at Protests on U.S. College Campuses

Wed, 01 May 2024 16:32:00 -0000

Plus: GOP Rep. Marjorie Taylor Greene said she will call for a vote next week to oust House Speaker Mike Johnson. CVS Health reports lower Q1 earnings due to its Medicare business being hit with higher costs. J.R. Whalen reports.

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Police Intervene at Columbia, UCLA Protests

Wed, 01 May 2024 10:54:00 -0000

Plus: Brazilian planemaker Embraer is exploring the creation of a new passenger aircraft that would compete head-on with offerings from Boeing and Airbus. And, Starbucks vows to win back customers after earnings disappoint. Luke Vargas hosts.

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Amazon Reports Record Q1 Sales Due to AI Boom

Tue, 30 Apr 2024 20:58:00 -0000

Plus: Stock markets decline as wage growth points to an ongoing war on inflation. Starbucks shares fall more than 9% after hours following the coffee retailer saying net income fell 15% last quarter. J.R. Whalen reports.

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Trump Fined $9,000 for Violating Gag Order in Hush-Money Trial

Tue, 30 Apr 2024 16:23:00 -0000

Plus: HSBC CEO Noel Quinn unexpectedly announces he will retire. The European Commission is investigating whether Meta-owned Facebook and Instagram violated rules governing disinformation and misleading advertising ahead of EU elections. J.R. Whalen reports.

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Slowing Inflation Boosts Growth in Europe

Tue, 30 Apr 2024 10:27:00 -0000

Plus: Microsoft will invest $1.7 billion in AI infrastructure in Indonesia over the next four years. And, Samsung says its Q1 net profit more than quadrupled while a number of leading car makers report a decline in sales. Luke Vargas hosts.

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U.S. Stock Market Extends Rally

Mon, 29 Apr 2024 21:08:00 -0000

Plus: Tesla shares rise 15% after good news from China. Apple shares finish 2.5% higher after a Bernstein analyst upgraded the stock. J.R. Whalen reports.

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U.S. Diplomacy Push for Cease-Fire in the Gaza Strip

Mon, 29 Apr 2024 16:22:00 -0000

Plus: U.S. auto-safety regulators are investigating Ford’s hands-free driving system after several fatal crashes. Japan intervenes to prop up the Yen after it hit a multi-decade low against the U.S. dollar today. J.R. Whalen reports.

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Musk Secures Beijing’s Blessing of Tesla Driver-Assistance Service

Mon, 29 Apr 2024 10:15:00 -0000

Plus: Paramount Global prepares for a possible CEO shakeup. And, Royal Philips shares jump on news of a settlement related to its Respironics ventilators. Luke Vargas hosts.

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Magnificent Seven Tech Stocks Rebound

Fri, 26 Apr 2024 21:03:00 -0000

Gains in major tech companies led all three major U.S. indexes to log a week of gains. But Intel shares drop on a disappointing outlook. Danny Lewis hosts.

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Fresh Inflation Data Shows Prices Remain Stubbornly High

Fri, 26 Apr 2024 15:53:00 -0000

Plus: Federal regulators open new investigation into Tesla's December Autopilot recall. And Warren Buffett’s real-estate firm settles antitrust matter for $250 million. Danny Lewis hosts.

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Trump Allies Draft Plans to Blunt Fed’s Independence

Fri, 26 Apr 2024 10:42:00 -0000

Plus: China’s ByteDance said it won’t sell its U.S. TikTok business. And, mining giant Anglo American has rejected a $39 billion takeover proposal from BHP. Kate Bullivant hosts.

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Stocks and Bonds Tumble on Worries of Slower Growth and Firm Inflation

Thu, 25 Apr 2024 20:56:00 -0000

Slowing growth in the U.S. economy and stubborn inflation drove down markets. The price tag on Meta’s planned AI investments drags down tech stocks. Alphabet to issue its first dividend. Microsoft earnings beat expectations. Danny Lewis hosts.

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U.S. First Quarter Growth Slowed as Inflation Remains Stubborn

Thu, 25 Apr 2024 16:30:00 -0000

Plus: New York’s highest court orders a new trial for Harvey Weinstein. And Haiti’s prime minister formally resigns. Danny Lewis hosts.

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BHP Seeks Rival Anglo American in Mining Mega Deal

Thu, 25 Apr 2024 10:30:00 -0000

Plus: The Biden Administration issues sweeping new rules to crack down on coal emissions. And, a state grand jury in Arizona has indicted 18 of former President Donald Trump’s allies. Kate Bullivant hosts.

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Tesla Rally Helps Push Nasdaq to Third Day of Gains

Wed, 24 Apr 2024 21:27:00 -0000

Plus: Meta Platforms stock sinks in after-hours trading following earnings report. And Boeing shares fall after $4 billion first-quarter spend following Alaska Airl ines midair accident. Danny Lewis hosts.

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Business Groups Sue FTC Over Noncompete Agreements Ban

Wed, 24 Apr 2024 16:15:00 -0000

Plus: Boeing burned through nearly $4 billion in the first quarter of the year amid fallout from the Alaska Airlines midair accident. And President Biden signs foreign aid bill clearing the way for military gear for Ukraine. Pierre Bienaimé reports.

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U.S. Senate Passes Long-Delayed Aid Bill

Wed, 24 Apr 2024 10:14:00 -0000

Plus: Shares of Tesla rally as Elon Musk announces the launch of new models, at more affordable prices. And, Google is delaying its cookie phase-out following regulatory pushback. Kate Bullivant hosts.

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Tech Earnings Lead U.S. Markets Rebound Amid Major Earnings

Tue, 23 Apr 2024 21:09:00 -0000

As fears of a broader conflict between Israel and Iran fade, investors are seeing encouraging news in first-quarter earnings reports. Danny Lewis hosts.

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Columbia University Moves to Hybrid Classes Amid Pro-Palestinian Protests

Tue, 23 Apr 2024 16:02:00 -0000

Plus: A Moscow court rejects an appeal by Wall Street Journal reporter Evan Gershkovich against his detention. And General Motors lifts its profit outlook for the year. Pierre Bienaimé reports.

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FTC Blocks $8.5 Billion Handbag Merger

Tue, 23 Apr 2024 10:37:00 -0000

Plus: The U.S. takes aim at Chinese banks aiding Russia’s war effort. And, U.K. stocks set a new high. Luke Vargas hosts.

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Stocks Rebound After Brutal Week

Mon, 22 Apr 2024 21:01:00 -0000

But more tests are coming with first-quarter earnings on the way. Danny Lewis hosts.

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Kroger and Albertsons Agree to Sell More Stores for Merger Bid

Mon, 22 Apr 2024 16:07:00 -0000

Plus: Columbia University holds classes virtually as protests over the Israel-Hamas war continue. And Israel’s military spy chief resigns over intelligence failures that enabled Hamas’s deadly attack on Israel last year. Pierre Bienaimé reports.

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House Approved Foreign Aid Package Heads to Senate

Mon, 22 Apr 2024 10:30:00 -0000

Plus: Tesla cuts prices for a number of its models in China. And, talks between Salesforce and Informatica have fizzled after the companies couldn’t agree on terms. Kate Bullivant hosts.

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U.S. Stocks End Turbulent Week Mostly Lower

Fri, 19 Apr 2024 21:07:00 -0000

Nasdaq posts worst weekly performance since 2022. Israel’s retaliatory strike on Iran spooks oil investors. And tech stocks fall amid stronger-than-expected economic data and stubborn inflation. Danny Lewis hosts.

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Iran Lifts Airspace Restrictions Following Israeli Strikes

Fri, 19 Apr 2024 15:59:00 -0000

Plus: Tesla recalls thousands of Cybertrucks for accelerator pedal problem. And the U.S. House of Representatives moved forward on an aid package for Israel and Ukraine. Danny Lewis hosts.

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Israel Retaliates Against Iran With Overnight Strikes

Fri, 19 Apr 2024 10:36:00 -0000

Plus: China orders Apple to remove popular messaging apps from its app store in the country. And, a U.K. regulator finds Google’s proposed replacements for online cookies are falling short. Kate Bullivant hosts.

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Netflix Added 9.3 Million Subscribers in Latest Quarter

Thu, 18 Apr 2024 20:45:00 -0000

Plus: Chip stocks drag the Nasdaq down. Alaska Airlines shares rise 4% after reporting a smaller-than-expected earnings loss. J.R. Whalen reports.

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Home Sales Fall By Fastest Rate in 16 Months

Thu, 18 Apr 2024 15:25:00 -0000

Plus: Mortgage rates top 7%. Google fires employees who protested against the company’s cloud-computing contract with the Israeli government. Germany detains two German-Russian nationals on suspicion of spying for Moscow. J.R. Whalen reports.

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Biden Administration Reimposes Venezuelan Oil Sanctions

Thu, 18 Apr 2024 10:17:00 -0000

Plus: House Republicans revise their bid to ban or force the sale of TikTok in the U.S. And, the artificial intelligence boom boosts TSMC’s bottom line. Kate Bullivant hosts.

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Nvidia Shares Drop 3.8% as Markets Decline

Wed, 17 Apr 2024 20:36:00 -0000

Plus: Travelers shares fall 7.4% after the property and casualty insurer issued a disappointing quarterly earnings report. United Airlines shares rise 17% after the carrier reported a jump in Q1 revenue. J.R. Whalen reports.

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Plan to Advance Funding for Ukraine and Israel Nears Collapse

Wed, 17 Apr 2024 15:52:00 -0000

Plus: Columbia University President Nemat “Minouche” Shafik tells Congress the school is doing everything it can to confront antisemitism on campus. Tesla’s board asks shareholders to again approve CEO Elon Musk’s multi-billion dollar pay package. J.R. Whalen reports.

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Biden Calls for Steep Tariff Hike on Chinese Steel

Wed, 17 Apr 2024 10:23:00 -0000

Plus: The jury for Donald Trump’s hush-money case finally begins to take shape. And, Volkswagen workers in Tennessee get ready to vote on whether to unionize. Kate Bullivant hosts.

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Dow Gains; S&P 500 and Nasdaq Fall

Tue, 16 Apr 2024 20:29:00 -0000

Plus: United Health shares rise 5.2% after the company reports str onger-than-expected earnings. Bitcoin falls for a fifth straight session, trading below $63,000. J.R. Whalen reports.

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IMF Warns of Weaker, Long-Term World Economic Growth

Tue, 16 Apr 2024 15:33:00 -0000

Plus: Plus: Bank of America reports profit fell 18% in the most recent quarter. Rep. Thomas Massie (R., Ky.) says he will join Rep. Marjorie Taylor Greene (R., Ga.) in efforts to oust House Speaker Mike Johnson. J.R. Whalen reports.

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House Speaker Plans Separate Ukraine, Israel Aid Votes

Tue, 16 Apr 2024 10:05:00 -0000

Plus: China’s economy gets a boost from Beijing’s push to turbocharge manufacturing. And, the Justice Department prepares to file an antitrust lawsuit against Live Nation. Kate Bullivant hosts.

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U.S. Stock Market Falls as Treasury Yields Rise

Mon, 15 Apr 2024 20:53:00 -0000

Plus: Goldman Sachs shares rise 2.9% after the bank reported strong quarterly earnings. Trump Media & Technology Group stock falls 18% after shareholders were permitted to exercise warrants. J.R. Whalen reports.

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Tesla to Cut 10% of Global Workforce

Mon, 15 Apr 2024 16:12:00 -0000

Plus: Goldman Sachs reports profit rose 28% last quarter from a year ago. U.S. retail rose 0.7% in March compared to February. J.R. Whlen reports.

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Israel Repels First Direct Iranian Attack, Amid Fears of Regional War

Mon, 15 Apr 2024 10:07:00 -0000

Plus: Donald Trump will become the first former president to sit for a criminal trial, as he appears in a New York court today. And, Samsung has overtaken Apple as the world’s top smartphone provider. Luke Vargas hosts.

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U.S. Stocks Fall Sharply on Bank Earnings

Fri, 12 Apr 2024 21:10:00 -0000

Plus: U.S. Steel shareholders approve the sale of the company to Japan’s Nippon Steel. Globe Life shares rebound 20% after the insurer’s stock lost half its value yesterday. J.R. Whalen reports.

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JPMorgan Chase Reports Earnings Rose 6%

Fri, 12 Apr 2024 16:16:00 -0000

Plus: The U.S. promises Israel it will defend its ally if Iran were to strike on its soil. The European Union’s drug regulator finds no link between weight-loss drugs like Ozempic and Wegovy and suicidal thoughts in patients. J.R. Whalen reports.

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Israel Readies for Direct Attack From Iran

Fri, 12 Apr 2024 10:33:00 -0000

Plus: China tells its telecom giants to ditch American chips, in a possible blow to Intel and AMD. And, if you book a flight to San Francisco, check the ticket, you may end up in Oakland. Luke Vargas hosts.

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Nasdaq Closes at a New Record High

Thu, 11 Apr 2024 20:48:00 -0000

Plus: Amazon shares rise 1.7% to a new record. Morgan Stanley shares drop 5.25% after a WSJ report that federal regulators are investigating the bank over how it vets clients who are at risk of laundering money through the bank’s wealth-management division. J.R. Whalen reports.

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O.J. Simpson Dies at Age 76

Thu, 11 Apr 2024 16:14:00 -0000

Plus: An internal Boeing review, prompted by a WSJ investigation, found that company executives took personal trips worth more than $500,000 on the company’s private jets that were improperly recorded as business travel. The European Central Bank holds interest rates steady, but signals it could lower rates as soon as June. J.R. Whalen reports.

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U.S. and Japanese Leaders Rethink Military Cooperation

Thu, 11 Apr 2024 09:58:00 -0000

Plus: U.S. intelligence reports show an attack on Israeli assets by Iran or its proxies could be imminent. And new data sparks fresh deflation fears for China. Luke Vargas hosts.

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Dow Drops More Than 400 Points on Strong March Inflation Report

Wed, 10 Apr 2024 20:55:00 -0000

Plus: The S&P’s real-estate sector falls 4.5%. The yield on the 2-, 10- and 30-year Treasury notes rise to their highest levels of the year. J.R. Whalen reports.

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Inflation Rose to 3.5% in March; U.S. Stocks Decline

Wed, 10 Apr 2024 16:29:00 -0000

Plus: Hamas rejects a U.S. plan for a six-week cease-fire in the war in Gaza. A Russian billionaire wins a legal challenge over the European Union’s sanctions against him. J.R. Whalen reports.

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Fitch Downgrades China’s Outlook

Wed, 10 Apr 2024 10:15:00 -0000

Plus: A Boeing engineer tells federal safety officials the aerospace giant took shortcuts in the production of its troubled 787 Dreamliner jets. And shares of XPeng rally after the electric vehicle maker says it will soon sell in Hong Kong. Luke Vargas hosts.

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Boeing Shares Fall Amid 787 Dreamliner Safety Allegations

Tue, 09 Apr 2024 20:29:00 -0000

Plus: Tesla shares rise 2.3% after the EV maker settled with the family of a driver who died in a 2018 crash involving the company’s driver-assistance technology autopilot. Gold miner stocks rise as the precious metal reaches another record. J.R. Whalen reports.

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Russia, China Strengthen Ties in Opposition to U.S.

Tue, 09 Apr 2024 16:25:00 -0000

Plus: Mediators warn that Gaza and Israel remain far from an agreement over a U.S.-proposed cease-fire. Norfolk Southern agrees to pay $600 million to settle lawsuits tied to a 2023 train derailment in Ohio. J.R. Whalen reports.

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Tesla to Settle Suit on Autopilot Fatal Crash

Tue, 09 Apr 2024 10:11:00 -0000

Plus: The U.S. makes a fresh proposal for a cease-fire in Gaza. And, Utah tops WSJ’s ranking of the hottest job markets in America. Luke Vargas hosts.

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Tesla Shares Rise 4.9% on Robotaxi Announcement

Mon, 08 Apr 2024 21:02:00 -0000

Plus: Spirit Airlines finish 6.6% higher as the carrier delays delivery of Airbus aircraft until 2030. Gold prices reach a new record. J.R. Whalen reports.

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JPMorgan’s Dimon Warns U.S. Interest Rates Could Reach 8%

Mon, 08 Apr 2024 16:02:00 -0000

Plus: The FAA is investigating why an engine cover fell off of a Southwest Airlines-flown Boeing 737-800 jet on Sunday. Presumptive GOP presidential nominee Donald Trump said abortion should be left to the states. J.R. Whalen reports.

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Israel Pulls Troops From Southern Gazan City of Khan Younis

Mon, 08 Apr 2024 10:33:00 -0000

Plus: Elon Musk says he will defy an order from Brazil’s Supreme Court to ban some X accounts amid a crackdown on misinformation and hate speech. And the U.S. government gives TSMC a $6.6B windfall to open a chip plant in Arizona. Luke Vargas hosts.

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Strong U.S. Jobs Report Sparks Stock Market Rally

Fri, 05 Apr 2024 21:33:00 -0000

Plus: Energy companies were some of the week’s biggest winners. Tesla stock sags. And a jury found the disgraced crypt ocurrency tycoon behind TerraUSD and Luna liable for securities fraud. Danny Lewis hosts.

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U.S. Economy Adds 303,000 Jobs in March, Defying Estimates

Fri, 05 Apr 2024 16:25:00 -0000

Plus: Israel says the troops behind the drone strike that killed seven aid workers in Gaza lacked the evidence to order the attack. A 4.8-magnitude earthquake struck the Northeast U.S., rattling people in an area unaccustomed to earthquakes. Pierre Bienaimé reports.

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Prices at the Pump Rise After Oil Hits Highest Price in Months

Fri, 05 Apr 2024 10:09:00 -0000

Plus: The Biden Administration says it will attempt a do-over on canceling student debt. And Korean tech giant Samsung forecasts a 10-fold increase in its first-quarter operating profit. Luke Vargas hosts.

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U.S. Stocks Fall as Interest-Rate Path Looks Unclear

Thu, 04 Apr 2024 20:22:00 -0000

Plus: Ford shares drop 3.2% after the automaker said it would delay production of a three-row EV until 2027. Gold has outperformed the S&P 500 in 2024. J.R. Whalen reports.

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Biden, Netanyahu to Discuss Gaza Aid-Worker Killings Today

Thu, 04 Apr 2024 16:08:00 -0000

Plus: Alaska Air has received a payment of $160 million from Boeing to make up for lost profits due to the midair blowout of a door plug on a flight in January. Activity in the Eurozone’s private sector returned to growth last month. J.R. Whalen reports.

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Judge Rules Trump Hush Money Trial to Go Ahead Later This Month

Thu, 04 Apr 2024 10:23:00 -0000

Plus: French supermarket Carrefour and PepsiCo end their food fight. And, the selloff in Treasuries continues as investors reassess how many rate cuts the Fed will make this year. Luke Vargas hosts.

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S&P 500, Nasdaq Rise as Powell Reaffirms Interest-Rate Plan

Wed, 03 Apr 2024 20:25:00 -0000

Plus: Disney shares fall 3.1% after CEO Bob Iger defeated activist investor Nelson Peltz in a boardroom battle. Intel shares decline 8.2% after saying its chip-manufacturing arm lost $7 billion dollars last year. J.R. Whalen reports.

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Ford Reports Q1 Surge in EV Sales

Wed, 03 Apr 2024 15:53:00 -0000

Plus: The Eurozone’s annual inflation rate fell in March, fueling expectations for an interest-rate cut in June. Ukraine lowers its military conscription age to 25. J.R. Whalen reports.

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Taiwan Hit By Strongest Earthquake in 25 Years

Wed, 03 Apr 2024 10:08:00 -0000

Plus: The Israeli military says an airstrike that killed seven aid workers in Gaza was the result of a mistake identifying a target. And, a Journal poll finds Donald Trump leading President Biden in six of seven swing states. Luke Vargas hosts.

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U.S. Stocks Decline as Oil Prices Rise

Tue, 02 Apr 2024 21:00:00 -0000

Plus: Humana shares fall 13% in response to federal payment rates to Medicare insurers are expected to be lower than anticipated next year. Tesla shares decline 5% after the EV maker reported disappointing deliveries figures. J.R. Whalen reports.

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Netanyahu Calls Strike that Killed Aid Workers in Gaza 'Unintentional'

Tue, 02 Apr 2024 17:18:00 -0000

Plus: President Biden planned to raise concerns over Beijing’s substantial support for Russia’s defense industry on a call with Xi Jingping. Tesla shares fall after the EV maker reported its first year-over-year deliveries decline since 2020. J.R. Whalen reports.

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7 Aid Workers Killed in Gaza Strike

Tue, 02 Apr 2024 09:57:00 -0000

Plus: Disney takes the lead over activist investor Nelson Peltz in a closely-watched proxy vote. And, Donald Trump posts bond in his civil fraud case. Luke Vargas hosts.

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S&P 500 Falls on Strong Manufacturing Data

Mon, 01 Apr 2024 20:29:00 -0000

Plus: AT&T shares fall 0.6% following last week’s data breach affecting millions of customers. Trump Media stock declines 21% after the company published full-year earnings results showing a $60 million operating loss. J.R. Whalen reports.

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Google to Destroy Users’ Web-Browsing Histories

Mon, 01 Apr 2024 16:10:00 -0000

Plus: The U.S. Postal Service selects United Parcel Service as its primary partner for air cargo delivery. Chinese electric-vehicle maker BYD’s sales jumped 46% in March. J.R. Whalen reports.

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U.S.-Israel Intel Sharing Questioned Over Scale of Civilian Deaths in Gaza

Mon, 01 Apr 2024 10:38:00 -0000

Plus: AT&T says details of millions of customers were leaked in a data breach. And, engineers begin the cleanup of collapsed Francis Scott Key Bridge. Luke Vargas hosts.

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Nvidia Was Q1’s Best-Performing Stock in the S&P 500

Fri, 29 Mar 2024 20:00:00 -0000

U.S. stock and bond markets were closed for Good Friday. Tesla was the quarter’s worst performer, down 29%. J.R. Whalen reports.

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U.S. Prices Remained Stubbornly High in February

Fri, 29 Mar 2024 16:31:00 -0000

Plus: Swiss agricultural giant Syngenta cancels IPO plans in Shanghai. Syria says Israeli airstrikes near Aleppo killed and wounded dozens of people. J.R. Whalen reports.

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Russia Boost Imports of Key Explosives Ingredient—With Western Help

Fri, 29 Mar 2024 10:11:00 -0000

Plus: Smartphone maker Xiaomi joins the EV race with a competitively priced offering. And, prices at the pump climb faster than normal, fueling inflation. Luke Vargas hosts.

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S&P 500 Notches Its Best Start to the Year Since 2019

Thu, 28 Mar 2024 21:05:00 -0000

Plus: Walgreens shares rise 3.2% after the pharmacy chain posted higher quarterly sales. Shares of RH finish 17% higher after the furniture retailer said customer demand would return as interest rates ease. J.R. Whalen reports.

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FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison

Thu, 28 Mar 2024 16:25:00 -0000

Plus: Home Depot is acquiring roofing company SRS Distribution for $18.25 billion. The Biden Administration is overhauling how the federal government asks about race and ethnicity on future census surveys. J.R. Whalen reports.

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Officials Rush to Reopen Baltimore Shipping Lane

Thu, 28 Mar 2024 10:13:00 -0000

Plus: Sam Bankman-Fried is set to be sentenced today for crimes connected to the collapse of FTX. And, Home Depot buys roofing distributor SRS Distribution in a deal valued at $18 billion including debt. Kate Bullivant hosts.

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S&P 500 Closes at a Record High

Wed, 27 Mar 2024 20:52:00 -0000

Plus: Carnival says the Francis Scott Key Bridge collapse could affect its bottom line because two of its ships sail out of the Port of Baltimore. GameStop shares fall 15% after the videogame retailer reported a sharp quarterly-sales drop. J.R. Whalen reports.

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Six Baltimore Bridge Workers Presumed Dead

Wed, 27 Mar 2024 15:39:00 -0000

Plus: An appeals-court panel has ruled a new Texas law that gives the state power to arrest and deport migrants will remain on hold. Confidence in the Eurozone economy ticked higher last month, according to a survey of consumers and managers. J.R. Whalen reports.

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Baltimore Bridge Collapse: Investigators to Probe Whether Dirty Fuel Played Role

Wed, 27 Mar 2024 10:06:00 -0000

Plus: NBC News cuts ties with former Republican National Committee chairwoman Ronna McDaniel. And, Merck’s $11.5 billion bet on a new drug is a step closer to paying off after receiving FDA approval. Luke Vargas hosts.

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U.S. Stocks Continue to Fall From Recent All-Time Highs

Tue, 26 Mar 2024 21:11:00 -0000

Plus: Krispy Kreme shares rise nearly 40% after the company said it will sell its doughnuts at U.S. McDonald’s locations. Bitcoin prices fall, snapping a 3-day winning streak. J.R. Whalen reports.

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Six Missing After Baltimore Bridge Collapse

Tue, 26 Mar 2024 16:27:00 -0000

Plus: Visa and MasterCard have settled with some of the nation’s largest banks over fees they charge merchants. Shares of Donald Trump's Truth Social surged 40% on their first day of trading. J.R. Whalen reports. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. https://on.wsj.com/48YljZs

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Supreme Court Hears Arguments Over Access to Abortion Pill

Tue, 26 Mar 2024 10:39:00 -0000

Plus: A Baltimore bridge collapses after a large containership crashes into it, sending people and cars into the water. And, Adam Neumann has made a bid of more than $500 million to regain control of WeWork. Luke Vargas hosts.

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U.S. Stocks Fall as Interest-Rate Excitement Fades

Mon, 25 Mar 2024 21:08:00 -0000

Plus: Boeing shares rise after the carrier says CEO Dave Calhoun will step down at year’s end. Micron Technology shares hit a new record as AI server demand grows. J.R. Whalen reports.

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Boeing CEO to Step Down at End of Year

Mon, 25 Mar 2024 16:41:00 -0000

Plus: The European Union launches investigations into Apple, Meta and Alphabet over its digital-competition law. Donald Trump will only have to initially pay $175 million of his $454 million civil-fraud judgment, according to a New York state appellate court. J.R. Whalen reports.

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Trump’s Assets Under Threat as $454 Million Judgment Comes Due

Mon, 25 Mar 2024 10:56:00 -0000

Plus: Russia reckons with one of its deadliest terrorist attacks in decades. And, NBC faces backlash over its hiring of former Republican National Committee Chairwoman Ronna McDaniel. Luke Vargas hosts.

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Shaky Retailer Results Press Pause on Record-Breaking Rally

Fri, 22 Mar 2024 21:01:00 -0000

Plus: Digital World Acquisition Corp. shares fall after investors vote to merge with Donald Trump’s social-media firm. Lululemon drops after warning about consumer demand. And FedEx stock jumps after surprisingly strong quarterly results. Danny Lewis hosts.

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Donald Trump’s Social-Media Company Goes Public

Fri, 22 Mar 2024 16:29:00 -0000

Plus: Congress narrowly avoids government shutdown. We exclusively report Apple is in talks with Baidu over AI in China. And Compass agrees to $57.5 million antitrust settlement. Danny Lewis hosts.

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U.S. Calls for a U.N. Vote on Gaza Cease-Fire Resolution

Fri, 22 Mar 2024 10:46:00 -0000

Plus: House lawmakers prepare to pass a $1.2 trillion package of spending bills to avoid a government shutdown. And, why mortgage rates won’t come back down to pre-pandemic lows. Luke Vargas hosts.

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U.S. Stocks Hit Highs as Investors Eye End of Rising Interest Rates

Thu, 21 Mar 2024 21:34:00 -0000

Plus: Nike and FedEx reported earnings after the markets closed. Reddit shares soar on the first day of trading. And Apple shares fall amid landmark antitrust lawsuit. Danny Lewis hosts.

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Apple Hit With U.S. Antitrust Lawsuit

Thu, 21 Mar 2024 16:32:00 -0000

Plus: U.S. home sales jumped 9.5% in February. And the Bank of England held interest rates, while the Swiss national bank cut them. Danny Lewis hosts.

Correction: Fifteen states and the District of Columbia joined the Justice Department’s suit against Apple. An earlier version of this podcast incorrectly said 17 states were involved. (Corrected on March 21)

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Apple Faces Fresh Legal Challenges Over its App Store

Thu, 21 Mar 2024 10:29:00 -0000

Plus: Speaker of the House Mike Johnson will rely on Democrats to pass a government funding bill and avoid a shutdown. And, Donald Trump’s social platform could go public next week, setting up a financial windfall for the former president. Peter Granitz hosts.

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Fed Holds Rates Steady; U.S. Stock Markets Reach New Records

Wed, 20 Mar 2024 20:54:00 -0000

Plus: Paramount Global shares rise nearly 12% following a WSJ report that Apollo Global Management has made an $11 billion offer to buy its film and TV studio. Chipotle shares rise 3.5% after the restaurant chain says it plans a 50-for-1 stock split. J.R. Whalen reports.

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Wall Street Eyes Fed’s Economic Outlook, Rate-Cut Timeline

Wed, 20 Mar 2024 15:50:00 -0000

Plus: Google is hit with a $271 million fine by French competition authorities. A physicist who claimed to discover a room-temperature superconductor is accused of research misconduct. J.R. Whalen reports.

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Courts Allow, Then Block, Texas Immigration Law

Wed, 20 Mar 2024 09:51:00 -0000

Plus: Bernie Moreno, a Donald Trump acolyte, wins the Ohio Senate GOP primary. And, Intel gets the biggest U.S. chipmaking grant to date. Peter Granitz hosts.

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U.S. Stock Markets Rise Ahead of Tomorrow’s Interest-Rate Decision

Tue, 19 Mar 2024 21:21:00 -0000

Plus: Super Micro shares decline 9% after a stock sale falls short. Bitcoin prices slip below $63,000. J.R. Whalen reports.

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Lawmakers Pass Border-Funding Bill Ahead of Shutdown Deadline

Tue, 19 Mar 2024 16:09:00 -0000

Plus: Hong Kong passes a bill that includes heavy punishments for treason and espionage. Unilever plans to separate its ice cream business into a separate unit. J.R. Whlen reports.

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Nvidia Reveals New Chips at ‘AI Woodstock’

Tue, 19 Mar 2024 10:32:00 -0000

Plus, the Bank of Japan marks the end of an era as it raises rates for the first time in 17 years. And, Israel agrees to send a delegation to Washington as the two allies’ disagreement deepens over plans for a push into Rafah. Kate Bullivant hosts.

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Tesla Shares Rise 6.3% to Lead Nasdaq, S&P 500

Mon, 18 Mar 2024 20:35:00 -0000

Plus: Alphabet shares rise 4.4% on a report that Google’s Gemini AI engine could be used in Apple iPhones. Fisker shares fall 15% as the EV maker pauses production for six weeks. J.R. Whalen reports.

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FedEx, Amazon Explored Package-Return Partnership

Mon, 18 Mar 2024 17:03:00 -0000

Plus: Goldman Sachs executive Stephanie Cohen joins a list of senior women leaving the bank. Israel and Hamas start last-chance negotiations on cease-fire. J.R. Whalen reports.

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Russia Election: Putin Victorious as Opposition Sidelined

Mon, 18 Mar 2024 09:50:00 -0000

Plus: Israeli Prime Minister Benjamin Netanyahu hits back at Senate Majority Leader Chuck Schumer after the U.S. lawmaker called for new elections in Israel. And, Nissan and Honda shares rise following plans to team up on electric vehicles. Kate Bullivant hosts.

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Inflation Weighs on U.S. Stocks

Fri, 15 Mar 2024 21:27:00 -0000

Plus: McDonald’s shares fall roughly 1% after a technology glitch prevented some stores from opening or accepting credit-card payments. Adobe shares finish down about 14% on weaker-than-expected financial projections. J.R. Whalen reports.

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Fani Willis Can Remain on Trump Case if Deputy Steps Aside

Fri, 15 Mar 2024 17:20:00 -0000

Plus: The National Association of Realtors reaches a settlement over conspiracy to inflate agent commissions. Boeing is advising pilots to check cockpit seats on 787 Dreamliner Jets after a sudden plunge on a New Zealand-bound flight. J.R. Whalen reports.

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Judge Rejects Trump’s Efforts to Dismiss Classified Documents Case

Fri, 15 Mar 2024 10:35:00 -0000

Plus: China signals it won’t allow a forced sale of TikTok. And, a Latam flight’s nosedive earlier this week, may have been down to a cockpit mishap. Luke Vargas hosts.

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U.S. Stock Markets Decline on Lower Retail Sales

Thu, 14 Mar 2024 19:52:00 -0000

Plus: Homebuilding stocks slide in response to rising yield on the 10-year Treasury note. Microsoft shares climb 2%, notching their 15th record close of the year. J.R. Whalen reports.

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Steven Mnuchin Interested in Buying TikTok

Thu, 14 Mar 2024 16:44:00 -0000

Plus: Senate Majority Leader Chuck Schumer calls for new Israeli elections to choose a new government. U.S. retail sales rose 0.6% in February. J.R. Whalen reports.

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EV Startup Fisker Prepares for Possible Bankruptcy Filing

Thu, 14 Mar 2024 09:51:00 -0000

Plus: Hyundai Motor and Kia recall 170,000 EVs in South Korea. And, the U.S. probes Hamas’s use of crypto before Oct. 7. Kate Bullivant hosts.

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Chip-Maker Stocks Lead S&P 500 Lower

Wed, 13 Mar 2024 21:00:00 -0000

Plus: Tesla shares fall another 4.5%. Fisker shares tumble after hours following a WSJ report that the EV startup was exploring a possible bankruptcy filing. J.R. Whalen reports.

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U.S. House Approves Bill to Ban TikTok

Wed, 13 Mar 2024 16:19:00 -0000

Plus: The judge in the Georgia election-interference indictment against former President Trump tosses 6 of 41 charges. Dollar Tree will close 1,000 Family Dollar stores. J.R. Whalen reports.

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Rematch Set as Biden and Trump Clinch Party Nominations

Wed, 13 Mar 2024 09:54:00 -0000

Plus: House Democrats are trying to force a vote on aid for Ukraine and Israel, in a bid to bypass Speaker Mike Johnson. And, a critical day for TikTok with the U.S. House of Representatives voting on legislation that could ban the app. Luke Vargas hosts.

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U.S. Stocks Climb Despite Higher Inflation

Tue, 12 Mar 2024 21:19:00 -0000

Plus: Oracle shares rise on strong cloud-service demand and growing interest in generative AI. Southwest Airlines shares fall after the carrier said it would cut flight capacity due to declines in deliveries of Boeing jets. J.R. Whalen reports.

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U.S. Inflation Rose to 3.2% in February

Tue, 12 Mar 2024 16:59:00 -0000

Plus: President Biden and former President Trump could win enough delegates in today’s primaries to become their parties’ presumptive nominees. Archer Daniels Midland says it is facing a Justice Department investigation for its accounting practices. J.R. Whalen reports.

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Haiti’s Prime Minister Agrees to Resign as Violence Continues

Tue, 12 Mar 2024 10:32:00 -0000

Plus: We’re exclusively reporting that Europe is facing a new terror threat linked to Iran and the Gaza war. And, Chinese phone maker Xiaomi will launch its first electric vehicle. Kate Bullivant hosts.

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Boeing Shares Fall After Passengers Are Injured Aboard 787 Dreamliner

Mon, 11 Mar 2024 20:53:00 -0000

U.S. stock markets finish mixed ahead of tomorrow's inflation report. Plus, bitcoin touches a new record above $72,000. J.R. Whalen reports.

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Biden Budget Seeks to Tax Corporations, Provide Aid for Families

Mon, 11 Mar 2024 16:46:00 -0000

Plus: Reddit aims to raise up to $748 million for its IPO. About 50 people were treated for injuries after a Boeing 787 Dreamliner suffered a “technical event” during a flight from Sydney to Auckland. J.R. Whalen reports.

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Biden, Netanyahu Clash as Gaza Ceasefire Falters

Mon, 11 Mar 2024 10:41:00 -0000

Plus: the Justice Department has opened a criminal investigation into the Alaska Airlines midair blowout. And, several news agencies pull a new photo of the Princess of Wales. Luke Vargas hosts.

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U.S. Stocks Decline on Mixed Jobs Report

Fri, 08 Mar 2024 20:35:00 -0000

Plus: Nvidia shares fall 5.6% after a see-saw day, snapping a 6-day winning streak. Bitcoin briefly touches $70,000. J.R. Whalen reports.

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U.S. Employers Added 275,000 New Jobs in February

Fri, 08 Mar 2024 17:58:00 -0000

Plus: Donald Trump secures a nearly $92 million bond to guarantee a defamation judgment he owes E. Jean Carroll. Prada said profit rose 44% last year. J.R. Whalen reports.

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State of the Union: Biden Challenges Republicans on Immigration and Abortion

Fri, 08 Mar 2024 11:47:00 -0000

Plus: A House panel approves plans to force TikTok’s owner to sell the app or face an outright ban across the U.S. And, Boeing looks to overhaul employee bonuses to emphasize quality and safety over meeting financial targets. Luke Vargas hosts.

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Nvidia Shares Rise 4% to a New Record

Thu, 07 Mar 2024 21:15:00 -0000

Plus: Shares of electric-vehicle startup Rivian rise 14% after unveiling two lower-priced EVs. Bitcoin reaches a new record high. J.R. Whalen reports.

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Communications Device Found on Chinese Cranes at U.S. Ports

Thu, 07 Mar 2024 17:31:00 -0000

Plus: The European Central Bank holds interest steady at record highs. Novo Nordisk reveals early data showing a new obesity drug could be more effective than its Wegovy treatment. J.R. Whalen reports.

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Big Tech Grapples with Europe’s New Regulations

Thu, 07 Mar 2024 11:29:00 -0000

Plus: China kicks off 2024 with a surge in exports. And, the Prime Minister of Haiti is facing mounting international pressure to step down. Luke Vargas hosts.

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U.S. Stocks Rise as Fed Says Rate Cuts Are on Track

Wed, 06 Mar 2024 22:13:00 -0000

Plus, New York Community Bancorp shares rise 7.5% after the regional lender said it is raising more than $1 billion. Foot Locker shares fall nearly 30% after the company issued disappointing earnings projections. J.R. Whalen reports.

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Powell: Rate Cuts Still on Track

Wed, 06 Mar 2024 17:08:00 -0000

Plus, the SEC is expected to approve new requirements that public companies disclose their greenhouse-gas emissions. Nikki Haley declines to endorse Donald Trump as she exits the GOP presidential race. J.R. Whalen reports.

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Nikki Haley to Drop Out of the Republican Primary Race

Wed, 06 Mar 2024 11:13:00 -0000

Plus: Donad Trump wins 14 out of 15 GOP races up for grabs on Super Tuesday. And, Australia could be heading toward recession. Luke Vargas hosts.

Correction: Nikki Haley is expected to drop out of the Republican presidential primary race. An earlier version of this episode’s headline incorrectly said that she had dropped out. (Corrected March 6)

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Tech Shares Draw U.S. Stock Markets Lower

Tue, 05 Mar 2024 21:01:00 -0000

Apple shares fall 2.8% as smartphone sales decline 24% in China. Plus, shares of several dialysis companies rise after a study shows Ozempic did not cut the risk of kidney disease-related events in diabetic patients by as much as investors expected. J.R. Whalen reports.

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Bitcoin Briefly Topped $69,000

Tue, 05 Mar 2024 17:27:00 -0000

Target Revenue Declines for First Time Since 2016. Plus, roughly a third of the U.S. participates in Super Tuesday. J.R. Whalen reports.

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China Sets Ambitious 5% Growth Target

Tue, 05 Mar 2024 11:13:00 -0000

Plus: Jeff Bezos replaces Elon Musk as the world’s richest person. And, regulators find Boeing failed to comply with quality-control requirements in manufacturing. Luke Vargas hosts.

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U.S. Stocks Pull Back as Rally Pauses

Mon, 04 Mar 2024 21:07:00 -0000

Plus, Nvidia shares rise 3.6% after its market cap topped $2 trillion on Friday. Bitcoin trades above $67,000 and closes in on an all-time high. J.R. Whalen reports.

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Supreme Court Rules Trump Can Remain on Colorado Ballot

Mon, 04 Mar 2024 17:29:00 -0000

Plus: JetBlue and Spirit Airlines terminate their $3.8 billion merger agreement. The European Union fines Apple nearly $2 billion for setting unfair rules for developers of music-streaming apps. J.R. Whalen reports.

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Japan’s Nikkei Smashes Yet Another Record

Mon, 04 Mar 2024 11:51:00 -0000

Plus: The investor group looking to buy Macy’s has increased its offer by nearly $1 billion. And, Nikki Haley wins her first GOP primary in the District of Columbia. Luke Vargas hosts.

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Nvidia Helps Lead Nasdaq to New Record

Fri, 01 Mar 2024 20:43:00 -0000

Nvidia’s market cap tops $2 trillion at the close for the first time. Plus, Dell shares rise 32% a day after the PC maker reported strong AI-related demand. J.R. Whalen reports.

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Boeing in Talks to Acquire Spirit AeroSystems

Fri, 01 Mar 2024 17:03:00 -0000

Plus, Elon Musk sues ChatGPT CEO Sam Altman for giving priority to the company’s profit over the benefits to humanity. The Eurozone’s annual inflation rate dipped to 2.6% in February compared to a year ago. J.R. Whalen reports.

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Coal Use Sends Global Emissions From Energy to New Record

Fri, 01 Mar 2024 11:29:00 -0000

Plus, shares of New York Community Bancorp sink after the regional lender finds problems with internal controls. And, Walt Disney’s heirs speak out on Disney’s ongoing proxy fight. Luke Vargas hosts.

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Nasdaq Closes at a Record High

Thu, 29 Feb 2024 21:38:00 -0000

Plus, Xcel Energy shares fall 8.6% after lawyers for property insurers said it may be liable for damages in the largest wildfires raging in Texas. AMD shares rise 9.1% and its market cap crosses $300 billion for the first time. J.R. Whalen reports.

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Biden Says Chinese Automakers Pose U.S. National-Security Threat

Thu, 29 Feb 2024 19:51:00 -0000

Plus, Russian President Vladimir Putin raises the possibility of a nuclear conflict if Ukraine’s allies step further into the war. A U.S. federal court ruled a Texas law that would allow the state to deport migrants is unconstitutional. J.R. Whalen reports.

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SEC Investigates OpenAI CEO Sam Altman

Thu, 29 Feb 2024 11:51:00 -0000

Plus, the FAA gives Boeing 90 days to come up with a plan to address quality control issues in its production. And, Donald Trump is disqualified from the Illinois primary ballot. Luke Vargas hosts.

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U.S. Stocks Fall Ahead of Inflation Report

Wed, 28 Feb 2024 22:09:00 -0000

Plus, Nvidia (down 1.3%) was among tech-sector decliners. Wendy’s shares rise 1.9% after the fast-food chain backtracks on plans to institute surge pricing. J.R. Whalen reports.

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Mitch McConnell to Step Down as Senate GOP Leader in November

Wed, 28 Feb 2024 18:00:00 -0000

Plus, forest fires have burned more than 570,000 acres in northern Texas. Fintech giant Stripe will allow employees to cash out stock as it delays its IPO likely until 2025. J.R. Whalen reports.

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Michigan Wins Carry Warning Signs for Biden and Trump

Wed, 28 Feb 2024 11:29:00 -0000

Plus, the ongoing feud between Universal Music and TikTok steps up a notch. And, Apple pulls the plug on its efforts to build an electric vehicle. Luke Vargas hosts.

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Bitcoin Hovers Near $57,000 on Ether ETF Buzz

Tue, 27 Feb 2024 22:19:00 -0000

Plus, UnitedHeath Group shares fall 2.3% after the Justice Department launches an antitrust investigation against the company. Norwegian Cruise Line shares rise nearly 20% after reporting strong warnings. J.R. Whalen reports.

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Biden: Israel Will Halt War During Ramadan if Hamas Releases Hostages

Tue, 27 Feb 2024 17:23:00 -0000

Plus, Macy’s plans to close 150 underperforming stores. Sony said it is laying off 900 workers in its PlayStation division. J.R. Whalen reports.

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President Biden Seeks to Break Spending Logjam in Congress

Tue, 27 Feb 2024 11:14:00 -0000

Plus, Bitcoin rallies as Wall Street firms apply for approval for funds that will trade the second biggest crypto, ether. And, Japan’s consumer prices rose at the slowest pace in nearly two years in January. Luke Vargas hosts.

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FTC Sues to Block $25 Billion Kroger-Albertsons Deal

Mon, 26 Feb 2024 21:34:00 -0000

The Dow, S&P 500 and Nasdaq finished lower. Plus: Domino’s Pizza shares rise 5.8% after the company reported strong financial results. J.R. Whalen reports.

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Navalny’s Foundation Links His Death to Prisoner-Swap Proposal

Mon, 26 Feb 2024 17:54:00 -0000

Plus: The Palestinian Authority’s government resigns as a step toward taking control of post-war Gaza. China’s BYD debuts a $233,000 electric vehicle. J.R. Whalen reports.

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Netanyahu Presses Ahead With Plans to Invade Rafah

Mon, 26 Feb 2024 11:24:00 -0000

Plus: Warren Buffett’s Berkshire Hathaway reveals its sitting on a massive cash pile. And another deal in the red-hot mining sector. Luke Vargas hosts.

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Another Winning Day for Nvidia

Fri, 23 Feb 2024 19:44:00 -0000

Plus: The Dow and S&P 500 notch their latest record closes. Warner Brothers Discovery shares fall roughly 10% after reporting lower revenue. J.R. Whalen reports.

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Nvidia Market Value Tops $2 Trillion

Fri, 23 Feb 2024 17:23:00 -0000

Plus: The U.S. is pushing Canada to impose visa restrictions on Mexican visitors. Israeli Prime minister Benjamin Netanyahu proposes a plan for postwar Gaza that appears to be at odds with both U.S. plans and those of Arab governments in the region. J.R. Whalen reports.

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U.S. Company Makes Historic Moon Landing

Fri, 23 Feb 2024 11:22:00 -0000

Plus: a cyberattack hits one of America’s biggest prescription processors. And China’s real-estate downturn is getting worse. Luke Vargas hosts.

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Dow Closes Above 39000 For the First Time

Thu, 22 Feb 2024 22:04:00 -0000

Plus: Nvidia shares rise 16% a day after reporting quarterly sales tripled. Rivian shares sink 25% to an all-time low. J.R. Whalen reports.

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AT&T Cell Outage Knocks Out Service to Thousands

Thu, 22 Feb 2024 17:15:00 -0000

How to Call and Text While AT&T Service Is Down. Plus: Nvidia shares surge a day after the chip maker reports strong earnings. Sales of previously owned homes rose 3.1% in January compared to a month earlier. J.R. Whalen reports.

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Nvidia Shares Surge on Blockbuster AI Demand

Thu, 22 Feb 2024 11:25:00 -0000

Plus: Japanese stocks eclipse a 1989 record. And consumer giants Nestle and Danone see earnings slip as consumer spending and food prices fall. Luke Vargas hosts.

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Nvidia Reports $12.3 Billion Profit

Wed, 21 Feb 2024 21:54:00 -0000

Plus: Federal Reserve officials signaled concern with cutting interest rates too soon at their last meeting. Rivian shares fall more than 15% after hours on flat vehicle output projections and plans to lay off workers. J.R. Whalen reports.

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Nokia, Nvidia to Develop A.I. Technology for Mobile Networks

Wed, 21 Feb 2024 18:05:00 -0000

Plus: Reddit will place a large block of IPO shares in the hands of its users. Harvard’s interim president condemns an antisemitic cartoon that was circulated by several on-campus groups. J.R. Whalen reports.

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The U.S. Prepares Major Sanctions on Russia

Wed, 21 Feb 2024 11:25:00 -0000

Plus: The Biden administration plans to replace China-built cranes amid national security concerns. And defense company BAE Systems reports growing sales as conflicts around the world pump up demand. Luke Vargas hosts.

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Nvidia Shares Fall More Than 4% Ahead of Earnings Report

Tue, 20 Feb 2024 21:29:00 -0000

Plus: Shares of Discover Financial Services rise 12.6% a day after WSJ reported Capital One is buying the company for $35 billion. Walmart shares rise 3.2% to a new record. J.R. Whalen reports.

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American Airlines Raises Checked-Bag Fee to $40

Tue, 20 Feb 2024 18:07:00 -0000

Plus: Walmart reaches a deal to buy TV maker Vizio for $2.3 billion. A Russian court upheld the detention of Wall Street Journal reporter Evan Gershkovich. J.R. Whalen reports.

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China Slashes Key Lending Rate as Economy Falters

Tue, 20 Feb 2024 11:29:00 -0000

Plus: Capital One is buying Discover Financial in a $35 billion deal combining two of the largest U.S. credit-card companies. And SpaceX deepens its ties with U.S. intelligence and military agencies. Luke Vargas hosts.

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U.S. Stocks Fall on Higher-Than-Expected Inflation Report

Fri, 16 Feb 2024 20:57:00 -0000

Plus: Paramount shares fall 4.7% after a WSJ report that it has held recent talks with Comcast about a streaming partnership. ARK Investment Management’s Cathie Wood says the firm has sold more than $4.5 million of Nvidia shares this year. J.R. Whalen reports.

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Anticorruption Campaigner Alexei Navalny Dies in a Russian Prison

Fri, 16 Feb 2024 16:55:00 -0000

Plus: Ukraine shores up long-term military-aid commitments from France and Germany. A House committee has escalated its battle with Harvard University, accusing the school of obstructing an investigation into how it has responded to antisemitism. J.R. Whalen reports.

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OpenAI’s Latest Tool Creates Realistic AI Videos

Fri, 16 Feb 2024 11:37:00 -0000

Plus: Chinese EV-giant BYD sets its sights on Mexico and the U.S. market. And, Russia is reportedly using thousands of Musk’s Starlink Systems in the Ukraine war. Luke Vargas hosts.

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Dow Gains Nearly 350 Points on Economic Optimism

Thu, 15 Feb 2024 22:09:00 -0000

Plus: Wells Fargo shares rise 7.2% after the bank resolved the complaint at the heart of the 2016 fake-account scandal. Warren Buffett’s Berkshire Hathaway reduces its holdings in Apple and Paramount Global. J.R. Whalen reports.

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U.S. Retail Sales Fell 0.8% in January

Thu, 15 Feb 2024 17:00:00 -0000

Plus: Donald Trump’s hush-money trial will begin on March 25. Rod Stewart sells his music catalog for about $100 million. J.R. Whalen reports.

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Lawmaker Warns of Serious National-Security Threat

Thu, 15 Feb 2024 11:30:00 -0000

Plus: Japan and the UK fall into recession, making Germany the world’s third-largest economy. And, Airbus is flying high following a surge in plane orders. Luke Vargas hosts.

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Nvidia Climbs to 3rd Largest U.S. Company by Market Cap

Wed, 14 Feb 2024 22:03:00 -0000

U.S. stocks rise after yesterday’s selloff. Also: Lyft shares finish 35% higher and reach a 52-week high. After the bell, Cisco Systems lowers its financial outlook for the second straight quarter. J.R. Whalen reports.

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FTC Investigating Drug Shortages in Hospitals

Wed, 14 Feb 2024 17:39:00 -0000

Plus: The State Department is investigating whether Israel misused U.S.-supplied weapons to kill civilians. Eurozone manufacturing jumped unexpectedly in December. J.R. Whalen reports.

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Mayorkas Impeached Over Border Record

Wed, 14 Feb 2024 11:33:00 -0000

Plus: Illegal border crossings from Mexico to the U.S. plunge by 50% as Mexico steps up enforcement. And, a typo in its earnings report sends Lyft shares surging. Luke Vargas hosts.

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Dow Drops 525 Points on January Inflation Report

Tue, 13 Feb 2024 22:15:00 -0000

Plus: Vizio shares rise 25% on WSJ report that Walmart is in talks to buy the smart-TV manufacturer. Nvidia’s market cap surpasses Amazon’s for the first time since 2002. J.R. Whalen reports.

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U.S. Inflation Fell to 3.1% in January

Tue, 13 Feb 2024 17:36:00 -0000

The Labor Department says some prices remain stubbornly high. Plus: Ukrainian officials say Russian forces have been purchasing satellite internet terminals made by Elon Musk’s SpaceX and using them at the front line. J.R. Whalen reports.

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Ukraine, Israel Aid Bill Passes in Senate, Heads to House

Tue, 13 Feb 2024 12:04:00 -0000

Plus: Activist investor Carl Icahn discloses a sizeable stake in JetBlue and says he might push for board representation. And, the Super Bowl sets a new viewership record. Luke Vargas hosts.

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Bitcoin Crosses the $50,000 Mark

Mon, 12 Feb 2024 21:58:00 -0000

Also: Airbnb shares rise 4.2% ahead of the release of tomorrow’s earnings report. Diamondback Energy shares finish 9.4% higher on news that it is merging with Endeavor Energy to create a $50 billion oil-and-gas giant. J.R. Whalen reports.

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Biden Re-Election Campaign Joins TikTok

Mon, 12 Feb 2024 17:24:00 -0000

Plus: The American Cancer Society says uterine cancer survival rates continue to fall. CymaBay Therapeutics agrees to be acquired by Gilead Sciences for $4.3 billion. J.R. Whalen reports.

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Israel Rescues Two Hostages in Raid in Southern Gaza

Mon, 12 Feb 2024 11:52:00 -0000

Plus: President Biden and NATO leaders denounce Donald Trump’s suggestion that he would encourage Russia to invade U.S. allies that don’t contribute sufficiently to military defense. And, two Permian Basin rivals strike a deal to create a $50 billion oil-and-gas giant. Luke Vargas hosts.

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S&P 500 Closes Above 5000 for First Time

Fri, 09 Feb 2024 21:40:00 -0000

Plus: Microsoft’s market cap rises to $3.125 trillion, a new record among U.S. companies. Bitcoin trades above $47,500, building on January rebound. J.R. Whalen reports.

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Biden’s Age, Leadership Ability Questioned After Report

Fri, 09 Feb 2024 17:59:00 -0000

Plus: Venezuela moves tanks, missiles to its border with Guyana to access newly discovered oil. PepsiCo reports lower revenue due to Americans’ reduced snacking habits. J.R. Whalen reports.

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Biden Pushes Back on ‘Faulty Memory’ Claim

Fri, 09 Feb 2024 11:41:00 -0000

Plus: Russian President Vladimir Putin said he would be open to a prisoner exchange that could lead to the release of Wall Street Journal reporter Evan Gershkovich. And Open AI CEO Sam Altman attempts to raise trillions of dollars in the hopes of boosting the world’s chip-building capacity. Luke Vargas hosts.

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S&P 500 Profits Grew 2.8% in Q4, According to Estimate

Thu, 08 Feb 2024 22:07:00 -0000

Disney shares rise 11.5% after CEO Bob Iger outlines a new set of company initiatives. 23AndMe shares fall 13% to 63 cents a share. J.R. Whalen reports.

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Supreme Court Hears Trump Ballot Eligibility Arguments

Thu, 08 Feb 2024 16:01:00 -0000

Plus: Senate Democrats hold a procedural vote on aid to Ukraine, Israel and Taiwan. The Earth’s temperature was more than 1.5ºC warmer than the preindustrial era in the 12 months ending in January, according to European Union climate researchers. J.R. Whalen reports.

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Elon Musk Ratchets Up His Fight Against Disney

Thu, 08 Feb 2024 11:18:00 -0000

Plus: Shares of shipping giant Maersk slip after it suspends its share buyback program. And SoftBank reports its first profit in more than a year following the recent tech rally. Luke Vargas hosts.

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S&P Closes Just Shy of the 5000 Level

Wed, 07 Feb 2024 21:39:00 -0000

Plus: Uber posts its first full-year profit. After the bell, Disney reports strong streaming performance and narrower direct-to-consumer losses. J.R. Whalen reports.

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Senators Trying to Salvage Aid for Ukraine, Israel and Taiwan

Wed, 07 Feb 2024 17:20:00 -0000

Plus: Hamas has called for Israel to release more than 1,000 prisoners in return for the release of some Israeli hostages. CVS Health downgrades its 2024 financial projections over higher Medicare costs. J.R. Whalen results.

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Biden Easily Wins Nevada Primary as Haley Suffers Symbolic Loss

Wed, 07 Feb 2024 10:58:00 -0000

Plus: Merger talks that would have created a $57 billion natural gas giant fall apart. And ESPN, Fox and Warner strike a deal that will reshape sports streaming. Luke Vargas hosts.

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Palantir Shares Jump 31% on Strong Profit

Tue, 06 Feb 2024 21:40:00 -0000

Plus: Occidental Petroleum shares rise 1% after Warren Buffett's Berkshire Hathaway buys 4.3 million shares of the oil-and-gas producer. Ford shares rise 6% after hours following an upbeat earnings report. J.R. Whalen reports.

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Trump’s Immunity Claim Rejected by Appeals Court

Tue, 06 Feb 2024 16:58:00 -0000

Plus: Toyota forecasts record quarterly profit due to higher hybrid-vehicle sales. WeWork founder Adam Neumann is aiming to buy back the company. J.R. Whalen reports.

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Nikki Haley Asks for Secret Service Protection

Tue, 06 Feb 2024 11:33:00 -0000

Plus: A senate border deal looks doomed amid intense opposition from Republicans. And Spotify narrows its losses thanks to a price bump, a growing ad business and pared-down costs. Luke Vargas hosts.

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U.S. Stocks Fall on Interest-Rate Concerns

Mon, 05 Feb 2024 21:47:00 -0000

Plus: Caterpillar shares rise 2% to a new record high. New York Community Bancorp shares fall more than 10% after the stock was downgraded. J.R. Whalen reports.

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McDonald’s Sales Hurt by Middle East Conflict

Mon, 05 Feb 2024 17:39:00 -0000

Plus: China issues a suspended death sentence to an Australian citizen convicted of espionage. Snap plans to lay off 10% of its workforce to cut costs. J.R. Whalen reports.

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Boeing Finds New Problem With 737 MAX

Mon, 05 Feb 2024 11:34:00 -0000

Plus: A senate border deal to cut illegal immigration quickly runs into trouble. And California braces for flash floods and hurricane-strength winds. Luke Vargas hosts.

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Meta Gains a Record $204.5 Billion in Market Cap in One Day

Fri, 02 Feb 2024 21:39:00 -0000

The Facebook parent also announced its first dividend. Plus: Charter Communications shares fall 17% after reporting a drop in quarterly earnings and internet customers. J.R. Whalen reports.

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U.S. Hiring Remained Strong in January

Fri, 02 Feb 2024 16:54:00 -0000

Employers added 353,000 jobs to the economy. Plus: Tesla issues a recall covering more than 2 million vehicles over a problem with warning lights. J.R. Whalen reports.

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Intel Delays $20 Billion Chip-Manufacturing Project

Fri, 02 Feb 2024 11:26:00 -0000

Plus: An activist investor takes aim at Mattel, calling for a shakeup of the toy-maker. And the U.S. Senate is set to present a deal on border security and aid for Ukraine. Luke Vargas hosts.

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Amazon Reports Q4 Revenue Rose 14%

Thu, 01 Feb 2024 22:01:00 -0000

Plus, Apple says its iPhone business grew 6% in the holiday quarter. Peloton shares fall 24% after the company cut its earnings outlook for the year. J.R. Whalen reports.

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Amazon Could Be Responsible for Third-Party Goods

Thu, 01 Feb 2024 17:37:00 -0000

Plus, the Bank of England keeps its key interest rate unchanged. U.S. forces strike more targets belonging to Iran-backed Houthi rebels. J.R. Whalen reports.

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Fears Re-Emerge Around Regional Banks’ Health

Thu, 01 Feb 2024 11:23:00 -0000

Plus: Elon Musk calls for a shareholder vote on moving Tesla’s incorporation to Texas after a Delaware judge nixes his pay package. And EU leaders approve billions of dollars in aid to Ukraine just weeks before Kyiv runs out of funding. Luke Vargas hosts.

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U.S. Stocks Fall as Fed Says Rate Cut Isn’t Imminent

Wed, 31 Jan 2024 21:37:00 -0000

Plus, Paramount Global shares rise 6.7% after media entrepreneur Byron Allen makes a $14.3 billion bid. Ozempic and Wegovy maker Novo Nordisk’s market cap tops $500 billion for the first time. J.R. Whalen reports.

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Israel, Hamas Weigh a Six-Week Cease-Fire

Wed, 31 Jan 2024 17:26:00 -0000

Plus, media entrepreneur Byron Allen makes a $14.3 billion bid for Paramount Global. Boeing says it can’t issue earnings projections because of ongoing issues with its 737 MAX. J.R. Whalen reports.

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Wegovy Maker Increases Supply of Blockbuster Drug

Wed, 31 Jan 2024 11:20:00 -0000

Plus: Tesla shares drop after a judge nixes CEO Elon Musk’s compensation plan. And an Iran-backed militia suspends attacks on U.S. forces as the Biden administration weighs a military response to a deadly drone strike. Luke Vargas hosts.

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U.S. Markets Mixed as Investors Await Big Tech Earnings

Tue, 30 Jan 2024 22:15:00 -0000

General Motors shares jump after earnings report and plug-in hybrid plans. Plus: Alphabet, Microsoft, AMD, and Starbucks report earnings after-hours. Danny Lewis hosts.

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Fewer U.S. Workers are Quitting Their Jobs

Tue, 30 Jan 2024 17:01:00 -0000

Plus: UPS plans to cut 12,000 jobs amid delivery business slowdown. And the European economy stagnated at the end of 2023. Danny Lewis hosts.

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Boeing Abandons Speedy Approval of New MAX 7 Jet

Tue, 30 Jan 2024 11:16:00 -0000

Plus: Elon Musk says his company Neuralink has implanted the first human with one of its brain chips. And shares of Chinese carmaker BYD slip on forecasts of a prolonged EV-price war. Luke Vargas hosts.

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S&P 500 Starts Week With Fresh Record

Mon, 29 Jan 2024 22:04:00 -0000

Investors are bracing for a week packed with major tech earnings, a Fed meeting, and the latest jobs report. Plus: consumer-discretionary sector leads the S&P. SoFi Technologies stock jumps after posting better-than-expected results. And iRobot shares fall after Amazon terminates its acquisition deal. Danny Lewis hosts.

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U.N. Refugee Agency Staff Linked to Oct. 7 Attack, Israeli Briefing Says

Mon, 29 Jan 2024 16:28:00 -0000

Plus: Amazon and the robot vacuum maker iRobot scrap acquisition deal. Top Goldman Sachs executive, Jim Esposito, plans to leave the bank.

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Evergrande, Once China’s Top Property Developer, Is Ordered to Liquidate

Mon, 29 Jan 2024 12:05:00 -0000

Plus: Three U.S. service members were killed in a strike in Jordan that the U.S. said was conducted by Iran-backed militia, escalating tensions in the region. And bolts needed to secure part of an Alaska Airlines jet that blew off in midair appear to have been missing when the plane left Boeing’s factory. Luke Vargas hosts.

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S&P 500 Breaks Winning Streak as Chip Market Sags

Fri, 26 Jan 2024 21:58:00 -0000

Intel’s disappointing sales forecast drags down other chip makers. American Express shares rise after its forecasts beat expectation s. And Spirit Airlines shares drop as JetBlue threatens to call off its merger. Danny Lewis hosts.

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U.S. Inflation Data Point to a Soft Landing

Fri, 26 Jan 2024 16:32:00 -0000

Plus: JetBlue warns it might scrap its attempted takeover of Spirit Airlines. The Hague orders Israel to ensure its military not violate the Genocide Convention in Gaza, but declined to order a Gaza cease-fire.

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Biden Pauses Approvals for LNG Exports

Fri, 26 Jan 2024 11:34:00 -0000

Plus: New data shows that fully remote employees are more likely to be let go than their peers. And WSJ reporter Evan Gershkovich has his detention in Russia extended. Luke Vargas hosts.

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Microsoft’s Market Cap Tops $3 Trillion for the First Time

Thu, 25 Jan 2024 21:53:00 -0000

Plus: Tesla shares fall 12% a day after the company warned of slower growth in 2024. Boeing shares down 5.7% after regulators put limits on its production of 737 MAX jets. J.R. Whalen reports.

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U.S. Economy Grew 3.1% Last Year

Thu, 25 Jan 2024 17:15:00 -0000

Plus: Apple’s smartphone shipments to China fell in the fourth quarter of 2023. The European Central Bank holds interest rates at record high in the eurozone. J.R. Whalen reports.

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The FAA Restricts Boeing’s Production of MAX Jets

Thu, 25 Jan 2024 11:31:00 -0000

Plus: Red Sea attacks push BHP to divert shipping. And Israel risks a new rift with the U.S. as it builds a buffer zone along the Gaza border. Luke Vargas hosts.

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Tesla Warns of Slower Growth in 2024

Wed, 24 Jan 2024 21:03:00 -0000

Plus: Netflix shares gain almost 11% a day after reporting strong subscriber growth. IBM shares rise more than 5% after hours after saying strong demand for A.I. pushed revenue higher. J.R. Whalen reports.

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Apple Adding Fees to Some App Downloads

Wed, 24 Jan 2024 17:01:00 -0000

Plus: China’s central bank moves to boost lending to businesses and households to spur economic growth. A Russian military transport plane crashes near the Ukraine border, killing all 74 aboard. J.R. Whalen reports.

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Trump Prevails in New Hampshire

Wed, 24 Jan 2024 11:11:00 -0000

Plus: Tech firms SAP and eBay announce major job cuts. And large banks in the United States report that delinquency rates are rising on credit cards. Peter Granitz hosts.

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S&P 500 Reaches New High on Mixed Day for U.S. Stocks

Tue, 23 Jan 2024 21:49:00 -0000

Plus: Netflix adds 13.1 subscribers, wins WWE wrestling rights. 3M shares fall after its CEO warns earnings could be hurt due to exits from some consumer businesses. J.R. Whalen reports.

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New Hampshire GOP Primary to Test Haley’s Momentum vs Trump

Tue, 23 Jan 2024 17:13:00 -0000

Plus: Johnson & Johnson tentatively agrees to pay about $700 million to settle an investigation into its talcum-based baby powder. “Oppenheimer” leads all films with 13 Academy Awards nominations. J.R. Whalen reports.

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U.S., U.K. Launch Major Strike on Houthis

Tue, 23 Jan 2024 11:19:00 -0000

Plus: an investigation at the Federal Reserve has cleared two former senior officials of violating trading policies. And bitcoin ETF pioneer Grayscale is losing billions. Peter Granitz hosts.

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Dow Closes Above 38000 for First Time

Mon, 22 Jan 2024 22:33:00 -0000

Plus: Apple’s market cap rises back above $3 trillion, MarketWatch reports. Shares of Archer Daniels Midland fall 24% as the company investigates its accounting practices. J.R. Whalen reports.

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FAA Asks for Door Plug Checks on Second Boeing Jet Model

Mon, 22 Jan 2024 17:44:00 -0000

Plus: An Arab plan that would chart a path to the end of the Israel-Hamas war takes shape. Investor that made a $5.8 billion offer for Macy’s threatens to take the proposal directly to shareholders. J.R. Whalen reports.

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DeSantis Bows Out

Mon, 22 Jan 2024 11:30:00 -0000

Plus: Ukraine expects to run out of money in the coming months as foreign aid stalls. And Exxon Mobil sues investors that want to limit the company’s emissions. Peter Granitz hosts.

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The S&P 500 Hits Record Close

Fri, 19 Jan 2024 22:07:00 -0000

A rally in the semiconductor industry drove the index to its highest gains in more than two years. Plus: Travelers, Spirit Airlines, and Wayfair make gains, while Macy’s stumbles. Danny Lewis hosts.

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Americans Are Feeling Better About the Economy

Fri, 19 Jan 2024 16:43:00 -0000

Plus: Home sales were the lowest in almost 30 years in 2023, as home-buying affordability worsened and the supply of homes for sale remained low. Ford will slash production of its electric pickup. Pierre Bienaimé reports.

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Congress Averts Shutdown

Fri, 19 Jan 2024 11:10:00 -0000

Plus: The United States accelerates its attacks on Houthi targets in Yemen. And regulators in Europe are said to block Amazon’s purchase of iRobot. Peter Granitz hosts.

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Tech Stocks Power Markets Higher

Thu, 18 Jan 2024 22:04:00 -0000

Upbeat earnings projection from Taiwan Semiconductor Manufacturing Co. lifted shares of other tech stocks. Plus: Macy’s shares rise 0.4% after the retail chain said it plans to lay off 13% of its staff. J.R. Whalen reports.

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U.S. Carries Out 4th Strike on Houthi Weaponry

Thu, 18 Jan 2024 17:16:00 -0000

Plus: A Justice Department report on the 2022 school shooting in Uvalde, Texas criticizes law-enforcement response and the lack of recognition that it was an active-shooter incident. Companies are purchasing new clean-energy tax credits faster than expected. J.R. Whalen reports.

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Pakistan Conducts Strikes in Iran, Retaliating for Hit by Tehran

Thu, 18 Jan 2024 11:42:00 -0000

Plus: Negotiators inch closer to a deal on U.S. border security and Ukraine aid. And, Apple loses an attempt to delay a U.S. ban on its smartwatches. Luke Vargas hosts.

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U.S. Stocks Fall on Lower Rate Cut Expectations

Wed, 17 Jan 2024 22:01:00 -0000

Plus: Tesla (down 2%) was among several big tech stocks that finished lower. Spirit Airlines declines another 23% a day after a judge blocked a proposed acquisition by JetBlue. J.R. Whalen reports.

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U.S. Retail Sales Rose 0.6% in December

Wed, 17 Jan 2024 16:13:00 -0000

Plus: Verizon will take a $5.8 billion charge on its commercial landline and internet connection business. New research indicates that Americans are living longer but are spending more years of their lives sick. J.R. Whalen reports.

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China Posts Sluggish Growth Rate

Wed, 17 Jan 2024 11:49:00 -0000

Plus: U.K. inflation jumps unexpectedly, complicating the Bank of England’s rate-cut plans. And, proposed U.S. legislation would make it a federal crime to share digitally-altered nude images. Luke Vargas hosts.

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Dow Falls 232 Points on Interest Rate Concerns

Tue, 16 Jan 2024 21:40:00 -0000

Plus: Boeing declines 7.9% on WSJ report that the delivery of 737 Max jets to China is facing fresh delays. Shares of Spirit Airlines fall 47% after a judge blocked JetBlue from acquiring the carrier. J.R. Whalen reports.

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Goldman Sachs Reports Sharply Higher Q4 Profits

Tue, 16 Jan 2024 17:17:00 -0000

Plus: Morgan Stanley reported lower profits due to regulatory and criminal charges. Shell suspends all oil shipments through the Red Sea, according to people familiar with the decision. J.R. Whalen reports.

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Trump’s Decisive Victory in Iowa Caucuses

Tue, 16 Jan 2024 11:13:00 -0000

Plus: OpenAI bans the use of its tools for campaigning and voter suppression ahead of the 2024 elections. And, Tesla’s stock drops after CEO Elon Musk said he wants voting control at the company. Luke Vargas hosts.

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Delta’s 2024 Earnings Projection Sends Airline Stocks Lower

Fri, 12 Jan 2024 20:18:00 -0000

Plus: Citigroup shares rise 1% after the bank announces plans to eliminate 20,000 jobs by 2026. Tesla shares fall 3.7% after the EV maker says it will halt some production in Europe because of the conflict in the Red Sea. J.R. Whalen reports.

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JPMorgan Posts Record Annual Profit

Fri, 12 Jan 2024 17:07:00 -0000

Citigroup plans 20,000 layoffs. Plus: Tesla says it will halt production at its biggest European factory for two weeks due to the conflict in the Red Sea. BlackRock to buy Global Infrastructure Partners for about $12.5 billion in cash and stock. J.R. Whalen reports.

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U.S. Leads Strikes Against Houthi Rebel Targets in Yemen

Fri, 12 Jan 2024 11:36:00 -0000

Plus: Japan’s Nikkei stock index hits a fresh 34-year high, and shares of Boeing have dropped after the Federal Aviation Administration announces a new safety probe. Luke Vargas hosts.

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U.S. Stocks Finish Nearly Flat After Inflation Report

Thu, 11 Jan 2024 22:04:00 -0000

Plus: Citigroup shares fall 1.8% after the bank reports charges and expenses that exceeded forecasts. Blackrock’s bitcoin ETF finished down 4.7% on its first day of trading.

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U.S. Inflation Rose to 3.4% in December

Thu, 11 Jan 2024 17:27:00 -0000

Plus: Chesapeake Energy and Southwestern Energy agree to merge, creating the nation’s largest natural-gas producer. Hertz is selling about a third of its fleet of Tesla-made electric-vehicle rentals due to a lack of demand. J.R. Whalen reports.

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GOP Candidates Clash in Race to Beat Trump in GOP Nomination

Thu, 11 Jan 2024 11:24:00 -0000

Plus: Americans could soon catch a break as ‘rentflation’ cools, and Google lays off hundreds of workers as it marshalls resources toward its AI business. Luke Vargas hosts.

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Bitcoin ETFs Approved by the SEC

Wed, 10 Jan 2024 21:07:00 -0000

The ruling will allow individual investors to buy bitcoin as they would stocks. Plus: Amazon shares rise 1.6% after the company announced hundreds of layoffs across its film and TV studio. J.R. Whalen reports.

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Amazon Is Eliminating Hundreds of Jobs

Wed, 10 Jan 2024 16:55:00 -0000

Plus: Hunter Biden faces a potential third criminal prosecution. Armed gang members break into an Ecuadorian public television station during a live broadcast. J.R. Whalen reports.

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Investors Brace for SEC Ruling on Bitcoin ETFs

Wed, 10 Jan 2024 11:38:00 -0000

Plus: Misinformation is the biggest risk of 2024, according to a new survey. And Hewlett Packard Enterprise buys Juniper Networks. Luke Vargas hosts.

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Tech Stocks Push Nasdaq Higher

Tue, 09 Jan 2024 22:07:00 -0000

Plus: Boeing shares fall another 1.4%. Natural gas prices rise 7% in advance of an expected cold blast. The SEC’s decision on bitcoin ETFs is expected tomorrow. J.R. Whalen reports.

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Microsoft-OpenAI Partnership Faces European Regulatory Scrutiny

Tue, 09 Jan 2024 17:03:00 -0000

Plus: The World Bank says global growth is expected to decelerate in 2024 for the third consecutive year. An Israeli delegation arrives in Cairo to restart hostage-release talks. J.R. Whalen reports.

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China Passes Japan as World’s Largest Auto Exporter

Tue, 09 Jan 2024 11:37:00 -0000

Plus: United Airlines and Alaska Airlines discover additional loose parts on their Boeing 737 MAX 9 jets. And activist investor Elliott Management plans to push for changes at Tinder owner Match. Luke Vargas hosts.

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Nvidia Shares Climb to New Record High

Mon, 08 Jan 2024 22:02:00 -0000

Plus: Boeing shares fall 8%. Bitcoin rises above $47,000 for the first time since April. J.R. Whalen reports.

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Boeing Shares Fall Sharply After Midair Blowout

Mon, 08 Jan 2024 17:28:00 -0000

Shares of several companies connected with Friday’s accident also fell. Plus: China said it has taken an alleged British spy into custody. An Israeli airstrike kills a Hezbollah senior commander in Lebanon. J.R. Whalen reports.

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Investigators Try to Piece Together the Alaska Airlines Blowout

Mon, 08 Jan 2024 11:26:00 -0000

Plus: Congressional leaders strike a deal on government spending that would avert a shutdown. And Shell’s shares come under pressure after the oil giant flags a hit to its earnings. Luke Vargas hosts.

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U.S. Stocks Post Small Gains Despite Strong Jobs Report

Fri, 05 Jan 2024 21:58:00 -0000

Plus: Southwest Energy shares rise 7.3% and Chesapeake Energy rises 2.9% on a WSJ report that the natural-gas producers are close to a $17 billion merger. Constellation Brands shares rise 2% after reporting higher quarterly profit. J.R. Whalen reports.

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U.S. Employers Added 216,000 Jobs in December

Fri, 05 Jan 2024 17:27:00 -0000

Unemployment rate held steady at 3.7%. Plus: The FDA will allow Florida to import prescription drugs from Canada to rein in costs. U.S. Secretary of State Antony Blinken visits the Middle East today as part of diplomatic efforts to avert wider fighting. J.R. Whalen reports.

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PepsiCo Faces European Supermarket Boycott

Fri, 05 Jan 2024 11:14:00 -0000

Plus: Voters in Illinois petition to remove Donald Trump from its Republican primary ballot. And inflation rises in Europe once again, albeit less than expected. Luke Vargas hosts.

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Apple, Tesla, Nvidia Shares Continue to Decline

Thu, 04 Jan 2024 21:44:00 -0000

Plus: Shares of Conagra fall 1.9% after the food company cuts sales and earnings projections. Walgreens shares fall 5.1% after the pharmacy giant cuts its dividend by 48%. J.R. Whalen reports.

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Trump’s Businesses Were Paid by Foreign Governments While He Was President

Thu, 04 Jan 2024 17:55:00 -0000

Plus: The Biden administration sues Texas over a new state law allowing it to arrest and deport migrants who cross into the state illegally. An American airstrike in Baghdad kills an Iran-backed militia leader. J.R. Whalen reports.

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Google to Kill Cookies in Digital-Ad Industry Shakeup

Thu, 04 Jan 2024 11:17:00 -0000

Plus: Donald Trump asks the Supreme Court to overturn his removal from Colorado’s primary ballot. And the U.S. and BAE Systems bring back the popular Howitzer after its success in Ukraine. Luke Vargas hosts.

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U.S. Stocks Fall Amid Interest-Rate Uncertainty

Wed, 03 Jan 2024 21:39:00 -0000

Plus: Tesla shares fall 4% a day after quarterly delivery numbers fell behind China’s BYD. Charles Schwab shares fall 3% after Goldman Sachs analysts downgrade the stock. J.R. Whalen reports.

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Job Openings Declined in November

Wed, 03 Jan 2024 17:00:00 -0000

Plus: Disney strikes deal with key investor ValueAct that could insulate it from activist investor Nelson Peltz. More than 100 people in Iran were killed in explosions near a public ceremony commemorating the 2020 death of Major Gen. Qassem Soleimani. J.R. Whalen reports.

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Job Listings Drop As U.S. Labor Market Comes Off Highs

Wed, 03 Jan 2024 11:11:00 -0000

Plus: What an Apple downgrade from Barclays says about the stock’s outlook. And Maersk pulls out of the Red Sea as U.S. naval efforts fail to avert Houthi attacks on commercial ships. Luke Vargas hosts.

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Apple Shares Fall As Tech Stocks Decline

Tue, 02 Jan 2024 22:08:00 -0000

U.S. stocks finish mixed. Plus: Moderna shares rise 13.1% after an Oppenheimer analyst upgrades the stock. Bitcoin rises above $45,000 for the first time in more than a year . J.R. Whalen reports.

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Tesla Falls Behind China’s BYD as World’s Largest EV Seller

Tue, 02 Jan 2024 17:44:00 -0000

Plus: Russia launches another drone-and-missile attack against Ukraine. Shipping giant Maersk says it will reroute its vessels away from the Red Sea following a missile attack on one of its ships. J.R. Whalen reports.

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Oil Rises Following Red Sea Tensions

Tue, 02 Jan 2024 11:14:00 -0000

Plus: Two planes collide at Tokyo’s Haneda Airport, engulfing a passenger jet in flames. And the Netherlands blocks some of chip-equipment manufacturer ASML’s exports to China. Luke Vargas hosts.

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U.S. Stocks Level Off After Inflation-Related Boost

Fri, 22 Dec 2023 21:12:00 -0000

Plus: Nike shares fall 11.8% a day after projecting lower revenue next year. Karuna Therapeutics shares rise 47.7% after Bristol Myers-Squibb agrees to buy the company for $14 billion. J.R. Whalen reports.

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Prices Fall for the First Time Since 2020

Fri, 22 Dec 2023 16:51:00 -0000

Plus: The proposed acquisition of U.S. Steel by Japan’s Nippon Steel will likely face a review process that analyzes certain transactions involving foreign investment in the U.S. Japan will supply the U.S. with Patriot missiles as Ukraine fends off a new wave of Russian aggression. J.R. Whalen reports.

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Nike Warns of Slowing Consumer Spending

Fri, 22 Dec 2023 11:38:00 -0000

Plus: Top U.S. officials are being sent to Mexico for talks about curbing a surge in illegal migration. And global gaming stocks sink after China proposes rules that could limit users’ in-game spending. Kate Bullivant hosts.

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U.S. Stocks Return to Rally Mode

Thu, 21 Dec 2023 21:54:00 -0000

Investors cheer more signs of an economic “soft landing.” Plus: Shares of several cruise operators rise after Carnival posts positive earnings. J.R. Whalen reports.

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U.S., China Resume Military Talks After 16-Month Break

Thu, 21 Dec 2023 17:03:00 -0000

Plus: Blue Origin and Cerberus are vying to bid for spaceX competitor United Launch Alliance. The European Union's highest court ruled FIFA and UEFA unlawfully tried to block the creation of breakaway European Super League. J.R. Whalen reports.

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FTC Proposes Curbing Targeted Ads to Children

Thu, 21 Dec 2023 11:37:00 -0000

Plus: The Biden administration considers raising tariffs on Chinese EVs. And Venezuela and the U.S. complete a prisoner exchange. Kate Bullivant hosts.

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U.S. Stocks Fall Sharply on Interest-Rate Concerns

Wed, 20 Dec 2023 22:14:00 -0000

Plus: Fedex shares fall 12% after reporting disappointing earnings due to softening demand. Alphabet shares rise 1.2% on a report that it plans to reorganize its ad-sales team. J.R. Whalen reports.

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Israel Offers Hamas One-Week Cease-Fire in Exchange for Hostages

Wed, 20 Dec 2023 17:58:00 -0000

The proposal comes as Israeli troops hunt for Hamas leaders in southern Gaza. Plus: U.S. home sales ticked higher in November after five consecutive months of declines. Japan will allow Uber to enter the country’s taxi market. J.R. Whalen reports.

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Trump Disqualified From Colorado’s 2024 Primary Ballot

Wed, 20 Dec 2023 12:05:00 -0000

Plus: A surge in migration leads the U.S. to shut border crossings as border talks drag out. And Europe approves tough new asylum laws in a landmark deal. Luke Vargas hosts.

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Dow Closes at 5th Straight Record High

Tue, 19 Dec 2023 21:51:00 -0000

Plus: Facebook parent Meta’s market cap rises back above the $900 billion mark. Caterpillar shares rise 2.5% to an all-time high. J.R. Whalen reports.

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U.S. Officials Pressure Israel to Limit Civilian Casualties

Tue, 19 Dec 2023 18:35:00 -0000

Plus: A federal judge rejects hundreds of lawsuits brought against the makers of Tylenol and generic acetaminophen, claiming that use during pregnancy raises a child’s risks of autism or attention-deficit hyperactivity disorder. Census Bureau estimates the U.S. population grew by 1.6 million people this year. J.R. Whalen reports.

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Alphabet Agrees $700 Million Payment in Antitrust Challenge

Tue, 19 Dec 2023 11:50:00 -0000

Plus: More than 100 people have been killed following an earthquake in China. And the U.S. rallies foreign navies to protect Suez Canal trade. Luke Vargas hosts.

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U.S. Stocks Rally on Interest-Rate Optimism

Mon, 18 Dec 2023 21:30:00 -0000

Plus: U.S. Steel shares rise 26.1% after it agreed to be acquired by Nippon Steel. Apple shares fall nearly 1% after the company said it plans to halt sales of some of its smartwatches this month. J.R. Whalen reports.

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Apple to Halt Watch Sales Over Patent Issues

Mon, 18 Dec 2023 17:13:00 -0000

Decision is in response to a federal trade ruling over blood-oxygen sensors on some Apple Watch models. Plus: U.S. Steel agrees to be acquired by Nippon Steel for $14.1 billion. Adobe calls off its $20 billion planned acquisition of Figma due to opposition from U.K. regulators. J.R. Whalen reports.

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Senate Fails to Reach Deal on Border Framework

Mon, 18 Dec 2023 11:25:00 -0000

Plus: The U.S. begins a full court press to persuade Israel to move to the next phase in their campaign against Hamas. And Southwest Airlines gets a multi-million dollar fine for last year’s holiday chaos. Luke Vargas hosts.

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Dow Notches Another Record Close

Fri, 15 Dec 2023 22:16:00 -0000

Plus: Costco shares climb after higher-than-expected quarterly earnings. DocuSign surges after WSJ reports it is exploring a sale. Boeing closes up in a bullish market. And Coinbase Global falls after SEC declines to draft bespoke crypto rules. Danny Lewis hosts.

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December Economic Activity Expands in U.S., Contracts in Eurozone

Fri, 15 Dec 2023 16:39:00 -0000

PMIs show U.S. business activity expanded at the fastest pace in five months while Eurozone economic activity weakened for the seventh straight month. Plus: A British court awards Prince Harry almost $180,000 in damages for phone hacking by U.K. tabloids. Pierre Bienaimé reports.

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Deflation Deepens in China, Amid Real Estate Crisis

Fri, 15 Dec 2023 11:00:00 -0000

Plus: The U.S. is pressing Israel to shift from a reliance on airstrikes and ground assaults in Gaza toward targeting military operations. And, the European Union has agreed to begin membership talks with Ukraine. Kate Bullivant hosts.

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U.S. Stocks Continue Post-Fed Rally

Thu, 14 Dec 2023 22:24:00 -0000

Plus: 10-year Treasury yields fall to lowest level since July. Carvana shares jump amid meme-stock buys. And Moderna stock rises after positive mRNA cancer drug trial results. Danny Lewis hosts.

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U.S. Retail Sales Up in November, in Surprise to Economists

Thu, 14 Dec 2023 17:22:00 -0000

Plus: The European Central Bank and the Bank of England hold their rates steady signaling victory over inflation is in sight. And activist investor Nelson Peltz plans to nominate himself and former Disney Chief Financial Officer Jay Rasulo to Disney’s board. Pierre Bienaimé reports.

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Fed-Fueled Rally Continues, Asia and European Markets React

Thu, 14 Dec 2023 11:18:00 -0000

Plus: The U.S. House of Representatives narrowly agrees to formalize its impeachment inquiry into President Joe Biden. And, a Russian court has upheld the detention of American journalist Evan Gershkovich. Kate Bullivant hosts.

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Fed Holds Rates Steady, Hints at Rate Cuts in 2024

Wed, 13 Dec 2023 21:34:00 -0000

Dow rises more than 500 points to a new record high. Plus: Apple shares climb 1.7% to their highest level ever. Vertex Pharmaceuticals shares finish 13.2% higher after it reported promising study results for one of its experimental pain medicines. J.R. Whalen reports.

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Supreme Court to Decide Challenge to Mifepristone Abortion Pill

Wed, 13 Dec 2023 17:12:00 -0000

The Court will hear arguments next year. And Tesla says it will recall more than two million vehicles over concerns its Autopilot system can be misused by drivers. Plus, Pfizer warns that revenue could fall next year amid declining demand for its Covid-19 products. J.R. Whalen reports.

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Climate Deal Calls for Transition Away from Fossil Fuels

Wed, 13 Dec 2023 11:52:00 -0000

Plus: Argentina’s new president devalues the country’s currency by 50% as part of radical steps to revive the economy. And, Israel has begun flooding Hama’s vast Gaza tunnel network with seawater. Luke Vargas hosts.

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Dow Closes at Fresh 2023 High

Tue, 12 Dec 2023 21:31:00 -0000

Plus: Oracle shares fall 12.4% after reporting lower-than-expected revenue. Choice Hotels launches a hostile takeover offer for Wyndham Hotels & Resorts after friendly offers were rejected several times. J.R. Whalen reports.

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U.S. Inflation Cooled in November But Underlying Pressures Remain High

Tue, 12 Dec 2023 16:35:00 -0000

Lower gas prices partially offset higher housing, transportation costs in November. And Ernst & Young is laying off dozens of partners across all U.S. businesses. Plus: Harvard University says school president Claudine Gay will remain in her job. J.R. Whalen reports.

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Ukraine Aid Finds Tough Audience in Washington

Tue, 12 Dec 2023 12:01:00 -0000

Plus: Google loses an antitrust case over the market power of its app store. And toy maker Hasbro is cutting nearly 20% of its staff. Kate Bullivant hosts.

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U.S. Stocks Rise to Open the Week

Mon, 11 Dec 2023 21:48:00 -0000

Plus: Cigna shares rise 16.7% after calling off its planned merger with Humana. Natural-gas prices have declined more than 13% this month. J.R. Whalen reports.

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Hate Crimes in U.S. Cities Increase

Mon, 11 Dec 2023 17:59:00 -0000

Plus: A Washington, D.C. jury will decide whether Rudy Giuliani will have to pay millions of dollars in damages to two Georgia election workers. “Barbie” and “Succession” top the Golden Globes nominations with nine apiece. J.R. Whalen reports.

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Macy’s Shares Jump as Investors Launch $5.8 billion Buyout Bid

Mon, 11 Dec 2023 11:17:00 -0000

Plus: President Biden’s approval rating falls to a record low in a new Journal poll. And oil producers push back against a fossil-fuel phase out at COP28. Luke Vargas hosts.

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U.S. Stocks Close the Week Up After Latest Jobs Report

Fri, 08 Dec 2023 22:02:00 -0000

Plus: Paramount Global shares soar after reports that several investors are eyeing a takeover. Lululemon stocks rose after stronger-than-expected sales. And cryptocurrency exchange Coinbase Global hits its highest level since April 2022. Danny Lewis hosts.

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Apple To Make a Quarter of iPhones in India

Fri, 08 Dec 2023 11:24:00 -0000

Plus: The UN Security Council debates the humanitarian crisis in Gaza. And a Texas judge grants a woman’s request for an abortion. Peter Granitz hosts.

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U.S. Added 199,000 Jobs in November

Fri, 08 Dec 2023 05:30:00 -0000

Plus: The FDA approves the world’s first medication using the gene-editing tool Crispr. And UK antitrust regulators are examining the partnership between Microsoft and OpenAI. Danny Lewis reports.

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Tech Stocks Lead U.S. Markets Higher

Thu, 07 Dec 2023 21:27:00 -0000

Advanced Micro Devices shares rise 9.9% on positive news about its chips. PlusMortgage rates fall for the sixth straight week. J.R. Whalen reports.

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U.S. Lawmakers Clear Path for $900 Billion Defense Bill

Thu, 07 Dec 2023 17:29:00 -0000

Plus: Canada plans to impose greenhouse gas emission limits on its oil-and-gas industry. Golfer Jon Rahm plans to join Saudi-backed LIV Golf, according to people familiar with the matter. J.R. Whalen reports.

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Senate Blocks Ukraine Aid

Thu, 07 Dec 2023 11:35:00 -0000

Plus: Meta starts full encryption on its messaging platforms. And McKinsey slashes its new partner class. Luke Vargas hosts.

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U.S. Stocks Finish Lower

Wed, 06 Dec 2023 21:33:00 -0000

Plus: Robinhood shares rise 7% on strong crypto trading volumes. Brown-Forman shares fall more than 10% on low whiskey sales. J.R. Whalen reports.

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U.S. Charges Four Russians With War Crimes in Ukraine

Wed, 06 Dec 2023 17:13:00 -0000

Plus: Google announces a new AI system it says is more powerful than ChatGPT. Health officials warn of elevated levels of the Covid-19 virus in wastewater. J.R. Whalen reports.

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Putin Visits Mideast Allies

Wed, 06 Dec 2023 11:25:00 -0000

Plus: Elon Musk’s xAI plans to raise $1 billion. And Hollywood actors ratify a new contract. Peter Granitz hosts.

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Apple Market Cap Rises Back Above $3 Trillion

Tue, 05 Dec 2023 21:21:00 -0000

Plus: Procter & Gamble shares fall 3.5% after the company says it plans to book a $1.3 billion accounting charge on its Gillette business. The price of bitcoin rises above $43,000 for the first time since 2022. J.R. Whalen reports.

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College Presidents Face Congress Over Antisemitism

Tue, 05 Dec 2023 16:56:00 -0000

Plus: Venezuela ramps up claims to an area of neighboring Guyana. The FTC is investigating Exxon Mobil’s proposed takeover of Pioneer Natural Resources over anti-competition concerns. J.R. Whalen reports.

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Moody’s Lowers Outlook for China

Tue, 05 Dec 2023 11:00:00 -0000

Plus: Israel expands its ground offensive in southern Gaza. And Meta joins IBM to promote open source AI. Peter Granitz hosts.

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Tech Stocks Drag U.S. Markets Lower

Mon, 04 Dec 2023 20:54:00 -0000

Dow snaps a 4-day winning steak. Plus: Spotify shares rise 7.5% after announcing plans to shed 17% of its workforce. Bitcoin rises 4.1% to $40,600. J.R. Whalen reports.

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White House Warns Ukraine Aid May Run Out by Year-End

Mon, 04 Dec 2023 17:29:00 -0000

Plus: Israeli troops and Hamas fighters engage in some of their fiercest battles since the war began in October. The fuselage of a missing U.S. Osprey aircraft as well as five missing U.S. crew members have been found off Japan. J.R. Whalen reports.

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U.S. Destroyer, Commercial Vessels Attacked in Red Sea

Mon, 04 Dec 2023 11:33:00 -0000

Plus: Spotify announces its third round of layoffs this year. And Alaska Air buys rival Hawaiian Airlines. Peter Granitz hosts.

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Dow Marks Fifth Weekly Gain

Fri, 01 Dec 2023 21:49:00 -0000

Optimism over lower interest rates and reduced chances of recession fuel investment in stocks. Plus: Amazon shares rise 0.6% after it hires Elon Musk’s SpaceX to conduct rocket launches for its planned satellite-internet division. J.R. Whalen reports.

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George Santos Expelled From Congress

Fri, 01 Dec 2023 16:51:00 -0000

Plus: Neiman Marcus rejected a takeover offer from rival Saks Fifth Avenue. And Sandra Day O’Connor, the first female justice appointed to the U.S. Supreme Court, died at 93. Alex Ossola reports.

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TikTok Wins Reprieve From Montana Ban

Fri, 01 Dec 2023 11:35:00 -0000

Plus: Israel resumes combat operations in Gaza after a week-long truce ends. And oil futures extend declines despite planned production cuts by OPEC+ members. Luke Vargas hosts.

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Dow Closes at Its Highest Level of 2023

Thu, 30 Nov 2023 22:00:00 -0000

Salesforce shares drive Dow, S&P higher. Plus: Activist investor Nelson Peltz announces a new proxy fight against Disney after the company rejected his request to be added to the board. Mortgage rates fall to their lowest level in more than two months. J.R. Whalen reports.

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U.S. Consumer Spending Slowed in October

Thu, 30 Nov 2023 16:26:00 -0000

Plus: Inflation in the eurozone fell more than expected. COP28 Summit reaches agreement on the details for a U.N. fund to pay for climate damage in poor countries. And OPEC+ agreed to a significant oil-production cut. Alex Ossola reports.

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Controversial Statesman Henry Kissinger Dies at 100

Thu, 30 Nov 2023 11:20:00 -0000

Plus: Israel and Hamas extend their temporary truce by one day. And, Elon Musk hurls the “F” word at advertisers. Luke Vargas hosts.

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U.S. Stocks Waver, Halting November Gains

Wed, 29 Nov 2023 22:20:00 -0000

Plus: Rover’s shares rise 29% after news that it will be acquired by private equity firm BlackStone. And Cigna and Humana’s shares fall following a WSJ report that the two health-insurance giants are in talks for a blockbuster merger. Alex Ossola reports.

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General Motors Plans $10 Billion Stock Buyback

Wed, 29 Nov 2023 17:18:00 -0000

Plus: Pressure mounts on the FDIC over allegations of a toxic work environment. And U.S. prosecutors charged an Indian man with trying to assassinate a Sikh activist on American soil. Alex Ossola reports.

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Negotiators Push for Longer Ceasefire in Gaza

Wed, 29 Nov 2023 11:20:00 -0000

Plus: U.S. suicides reach a record high. And, Apple exits its credit-card partnership with Goldman Sachs. Luke Vargas hosts.

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U.S. Stocks Close Higher After Wobbly Trading Day

Tue, 28 Nov 2023 22:56:00 -0000

Plus: Ten-year Treasury yields decline. Affirm sees a second day of share jumps after Black Friday weekend. And Berkshire Hathaway vice chairman Charlie Munger has died at 99. Danny Lewis reports.

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U.S. September Home Prices Hit A New Record

Tue, 28 Nov 2023 16:58:00 -0000

Plus: U.K. Competition and Markets Authority provisionally found Adobe’s acquisition of Figma would likely harm innovation. And 11 workers were killed in a South African platinum mine in one of the worst accidents in years. Alex Ossola reports.

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Online Retailer Shein Files to Go Public

Tue, 28 Nov 2023 11:42:00 -0000

Plus: China’s economy is on track to reach its 5% growth target. And, a Russian Court extends the detention of WSJ reporter Evan Gershkovich. Luke Vargas hosts.

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U.S. Stocks Open Lower After Black Friday Booms

Mon, 27 Nov 2023 22:29:00 -0000

All three major indexes are on track for their best monthly performances in over a year as early signs point to a strong Black Friday shopping period for retailers. Plus: Amazon stock closes at its highest level since April 2022. Danny Lewis hosts.

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Wall Street Gears Up for Fed Rate Cuts

Mon, 27 Nov 2023 16:24:00 -0000

Plus: Elon Musk visits Israel amid controversy around antisemitic posts on X. And Mexico registered a $252.5 million trade deficit in October. Alex Ossola reports.

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Negotiators Push to Extend Israel-Hamas Truce

Mon, 27 Nov 2023 11:28:00 -0000

Plus: Black Friday spending is stronger this year. And, newly unredacted documents show that Meta designed products to capitalize on teen vulnerabilities. Luke Vargas hosts.

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U.S. Stocks March Higher Ahead of Thanksgiving

Wed, 22 Nov 2023 22:05:00 -0000

Plus: Nvidia’s shares tumble despite record sales report. U.S. air-safety regulators clear Boeing 737 MAX 10 jet tests. Deere forecasts lower profit and sales. Major U.S. stock and bond markets will be closed Thursday for Thanksgiving. Ariana Aspuru reports.

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Senators Call for Investigation of Health Insurers’ Role in High Drug Costs

Wed, 22 Nov 2023 18:13:00 -0000

Plus: United Airlines may use passenger data to sell ads. Microsoft is investing $500 million for digital infrastructure in Quebec. Ariana Aspuru reports.

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OpenAI Announces Sam Altman’s Return

Wed, 22 Nov 2023 13:16:00 -0000

Plus: Israel and Hamas finally reach a deal to release 50 hostages. And, a price-drop of battery-grade lithium looks set to impact electric vehicle production. Kate Bullivant hosts.

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Nvidia Says Sales Tripled

Tue, 21 Nov 2023 21:44:00 -0000

Plus: U.S. stocks finish lower on signs the Federal Reserve wants to see lower inflation before it cuts interest rates. Ford shares fall after the automaker streamlines its plan for a Michigan battery plant. J.R. Whalen reports.

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Binance CEO to Step Down, Plead Guilty to Anti-Money Laundering Charge

Tue, 21 Nov 2023 17:44:00 -0000

Plus: U.S. October home sales hit 13-year low. Ford downsizes plan for Michigan battery factory, citing slow EV demand. Ariana Aspuru reports.

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GM’s Self-Driving Cars Veer Off Course

Tue, 21 Nov 2023 11:30:00 -0000

Plus: Chinese property stocks rose sharply today after Beijing signaled renewed support for the sector. And, a court ruling says individual voters alleging discrimination in election rules do not have a right to sue. Kate Bullivant hosts.

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U.S. Markets Boosted by AI Stocks

Mon, 20 Nov 2023 21:44:00 -0000

Microsoft rises to all-time high after naming former OpenAI CEO Sam Altman as head of its new advanced AI research team. Plus: Shares of Bayer drop about 18% after a clinical trial failure, and a loss in its Roundup case. J.R. Whalen reports.

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OpenAI Employees Threaten to Leave and Ask Board to Quit

Mon, 20 Nov 2023 17:14:00 -0000

Plus: U.S. regulators order Toyota Motor’s auto-lending arm to pay millions for allegedly violating federal law. And GOP lawmakers request FDIC records over misconduct complaints. Ariana Aspuru hosts.

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Sam Altman to Join Microsoft, After OpenAI Ousting

Mon, 20 Nov 2023 11:22:00 -0000

Plus: Wall Street pulls more than $14 billion from ESG funds this year. And, Javier Milei has secured an overwhelming victory in Argentina’s presidential election. Kate Bullivant hosts.

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Sam Altman Is Out at Open AI as CEO

Fri, 17 Nov 2023 22:13:00 -0000

Plus: U.S. stocks close the week on a high note. Shares of Gap jump over 30%. Charlotte Gartenberg reports.

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Israel to Allow Limited Delivery of Fuel Into Gaza

Fri, 17 Nov 2023 16:52:00 -0000

Plus: Chrysler-Stellantis union employees overwhelmingly approved a new labor contract. And, famed litigator David Boies will step down as chair of the law firm he founded 26 years ago. Charlotte Gartenberg hosts.

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Alibaba Shares Dip as Cloud Spinoff Axed

Fri, 17 Nov 2023 12:19:00 -0000

Plus: The U.N’s World Food Programme has warned that Gaza is facing widespread hunger. And, oil prices are on track for their fourth straight week of losses. Kate Bullivant hosts.

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Dow Falls, November Rally Sputters

Thu, 16 Nov 2023 22:16:00 -0000

Plus: Shares of Cisco end the day down 9.8% after the networking giant cut sales forecasts. And shares of chipmaker Intel rise 6.8%. Charlotte Gartenberg reports.

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Chinese Leader Draws Standing Ovation From U.S. Corporate Chiefs, But Some Doubts Remain

Thu, 16 Nov 2023 16:50:00 -0000

Plus: The U.S. House Ethics Committee finds that New York Representative George Santos “blatantly stole” from own campaign. And, Alibaba says it is scrapping its cloud unit spinoff plan, citing Washinton’s chip curbs. Charlotte Gartenberg reports.

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Biden, Xi Meeting: Will Modest Progress Last?

Thu, 16 Nov 2023 11:35:00 -0000

Plus: U.S. Senate approves a short-term spending bill, averting a looming government shutdown. And, President Biden is expected to face harsh criticism from a probe looking into his handling of classified documents. Kate Bullivant hosts.

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Stocks Extend Rally as Investors Bank on a Soft Landing

Wed, 15 Nov 2023 22:31:00 -0000

Plus: Target shares rise 18% after third q uarter results beat analyst expectations. And Disney shares are up 3.1% on the news that activist investor ValueAct Capital has taken a stake in the company. Alex Ossola reports.

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Biden and Xi Meet In San Francisco Summit

Wed, 15 Nov 2023 17:34:00 -0000

Plus: U.S. retail sales fall ahead of the holiday season. Target beats expectations on third-quarter earnings. And U.K. inflation fell sharply, signaling a likely end to rate hikes. Danny Lewis reports.

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Israel Launches Military Operation Inside Gaza Hospital

Wed, 15 Nov 2023 11:28:00 -0000

Plus: Texas lawmakers approve a bill allowing the state to arrest, jail, and deport migrants illegally crossing the U.S.-Mexico border. And, markets become increasingly confident that leading central banks are finished raising interest rates. Kate Bullivant hosts.

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Dow Jumps 490 Points After Inflation Data

Tue, 14 Nov 2023 22:08:00 -0000

Plus: Home Depot shares rise 5.4% after quarterly earnings report. And Nvidia clinches a 10-session winning streak. Danny Lewis reports.

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Cooling Inflation Could Mean an End to Rate Hikes

Tue, 14 Nov 2023 16:50:00 -0000

Also, Home Depot earnings fall in third-quarter sales but beat analyst estimates. And, Midwestern towns are struggling with droughts. Charlotte Gartenberg hosts.

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Speaker Mike Johnson Faces Test in Averting Government Shutdown

Tue, 14 Nov 2023 11:33:00 -0000

Plus: A drop in oil prices has likely kept the rate of inflation in check, taking pressure off the Fed. And, climate change is costing the U.S economy almost $150 billion each year. Luke Vargas hosts.

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Boeing Shares Lift Dow Industrials

Mon, 13 Nov 2023 22:05:00 -0000

Plus: Nvidia shares rise for the ninth consecutive session. Shares of Tyson Foods fall 2.8% after the company reported a quarterly loss. Alex Ossola reports.

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Exxon Makes Long-Term Bet on EV Demand Mining Lithium in Arkansas

Mon, 13 Nov 2023 17:47:00 -0000

Holiday hiring demand drops off in what could be a warning for the job market. And, US and Israeli officials warn of the possibility of wider war in the Middle East.. Charlotte Gartenberg hosts.

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Tim Scott Drops Out of GOP Presidential Race

Mon, 13 Nov 2023 11:20:00 -0000

Plus: Conditions grow desperate inside Gaza’s Al-Shifa Hospital while Israeli forces fight Hamas in the area. And, Disney’s latest ‘Marvel’ film disappoints at the box office on its opening weekend. Luke Vargas hosts.

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Nasdaq Climbs 2%; Broadcom Stock Reaches Record High

Fri, 10 Nov 2023 21:52:00 -0000

Investors shrug off higher inflation expectations. Honda shares rise after a WSJ report that the automaker plans to give many U.S. workers an 11% pay bump. Hawaiian Electric shares tumble 17% after the utility suspends its financial outlook for the year due to the Maui wildfire. J.R. Whalen reports.

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Biden and Xi Will Meet In San Francisco Next Week

Fri, 10 Nov 2023 16:48:00 -0000

The summit is the first time the two leaders will have met in a year. Plus, we exclusively report Disney is considering selling some TV networks. And a tentative labor deal for Las Vegas Strip workers averts a strike. Danny Lewis reports.

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Meta Plots Return to China in VR Headset Deal

Fri, 10 Nov 2023 11:40:00 -0000

Plus: NovoNordisk rushes to boost production of its popular obesity treatments. And a hack targeting one of the world’s largest banks disrupts the market for U.S. Treasurys. Luke Vargas hosts.

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U.S. Stocks Fall Amid Interest-Rate Concerns

Thu, 09 Nov 2023 22:01:00 -0000

Plus: Morgan Stanley shares fall 2.3% after a WSJ report that Fed is investigating its international wealth-management business. Bitcoin rises to roughly $36,500 as U.S. regulators move closer to approving a bitcoin ETF. J.R. Whalen reports.

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Israeli Troops Advance in Gaza City

Thu, 09 Nov 2023 17:48:00 -0000

SoftBank posts $6.2 billion loss after WeWork bankruptcy. And the U.S. population is projected to shrink by 2100. Ariana Aspuru hosts.

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Hollywood Actors Reach Deal to End Strike

Thu, 09 Nov 2023 11:48:00 -0000

Plus: The Fed is probing Morgan Stanley’s wealth-management practices. And, Republicans debate over who is the best alternative to former President Trump. Luke Vargas hosts.

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Disney Adds 6.9 Million Core Streaming Subscribers in Latest Quarter

Wed, 08 Nov 2023 21:47:00 -0000

Plus: Eli Lilly shares rise 3.2% after U.S. health regulators approve the expanded use of its Mounjaro diabetes drug for obesity. Roblox shares rise 11.8% after t he company said it narrowed its losses. J.R. Whalen reports.

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Amazon to Offer Low-Cost Primary Care to Prime Customers

Wed, 08 Nov 2023 16:52:00 -0000

Plus: A delay in the new Acela fleet is costing Amtrak $140 million and counting. And, a former NYSE President joins two other suitors for rhe bankrupt crypto exchange FTX Exchange. Charlotte Gartenberg reports.

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Abortion Rights Supporters Rack Up U.S. Election Victories

Wed, 08 Nov 2023 11:08:00 -0000

Plus: Meta will soon require political campaigns to disclose AI-altered ads. And, the U.S. pushes back on Israel’s plan to reoccupy Gaza indefinitely once the war with Hamas is over. Luke Vargas hosts.

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Microsoft Shares Hit New Record High

Tue, 07 Nov 2023 18:39:00 -0000

Plus: Uber shares rise 3.7% after the company reports a $221 million quarterly profit. Planet Fitness shares rise more than 13%. J.R. Whalen reports.

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Netayahu: Israel Will Control Security in Gaza Indefinitely

Tue, 07 Nov 2023 17:16:00 -0000

Plus: UBS Group reports first net losses in years due to Credit Suisse takeover. And China’s exports fell for the sixth straight month. Danny Lewis reports.

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WeWork Files for Bankruptcy

Tue, 07 Nov 2023 11:09:00 -0000

Plus: Intel emerges as a potential winner in securing billions in U.S. government semiconductor funding. And, the Supreme Court considers an appeals argument over a law prohibiting gun ownership by those under domestic-violence orders. Luke Vargas hosts.

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U.S. Stocks Rise; Bond Yields Inch Closer to 5%

Mon, 06 Nov 2023 22:29:00 -0000

Plus: Tesla shares fall on reports the company plans to build a 25,000-euro car in Germany. Crude prices rise after Saudi Arabia and Russia said they would extend production and export cuts into December. J.R. Whalen reports.

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Epic Games Argues Case Against Google Over In-App Purchases

Mon, 06 Nov 2023 17:20:00 -0000

Plus: Bumble’s Whitney Wolfe Herd is stepping down as chief executive. Walt Disney names Hugh Johnston chief financial officer. Pierre Bienaimé hosts.

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Tesla Boosts German Factory Wages Amid Global Union Push

Mon, 06 Nov 2023 12:32:00 -0000

U.S. Secretary of State Antony Blinken wraps up a weekend tour of the Middle East after failing to secure an Israel-Hamas ceasefire. And migrant arrests at America’s Southern border surpass two million for the second consecutive year. Luke Vargas hosts.

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Dow Rises More Than 200 Points Following Jobs Report

Fri, 03 Nov 2023 20:43:00 -0000

Plus: Paramount Global shares rise 15% after the company says its streaming business lost less money in the third quarter. Coinbase Global reports a seventh straight quarterly loss, but shares rise 1.4% as revenue came in higher than expected. J.R. Whalen reports.

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U.S. Hiring Slows Sharply, Adding 150,000 Jobs in October

Fri, 03 Nov 2023 16:04:00 -0000

Plus: Shipping and logistics giant Maersk to cut 10,000 jobs as cargo boom ends. Amazon founder Jeff Bezos is moving back to Miami, Florida. Pierre Bienaimé reports.

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Sam Bankman-Fried Convicted of Fraud in FTX Collapse

Fri, 03 Nov 2023 11:20:00 -0000

Plus: The U.S. House passes Republicans’ Israel aid bill, setting up a fight with Senate Democrats. And Google and Australian developer Lendlease scrap a $15 billion Silicon Valley real-estate project. Keith Collins hosts.

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Apple Says iPhone Business Grew 2.8% Last Quarter

Thu, 02 Nov 2023 20:54:00 -0000

The Dow gains more than 500 points. Plus: Starbucks shares rise 9.5% after the company reports better-than-expected earnings. Moderna shares fall 6.5% after the drugmaker reports soft demand for its Covid-19 vaccine. J.R. Whalen reports.

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Toyota Recalls Almost 2 Million Cars Over Battery Fire Risk

Thu, 02 Nov 2023 16:07:00 -0000

Plus: Six Flags and Cedar Fair will merge into a theme park giant. The Bank of England leaves a key interest rate unchanged. And jurors in the Sam Bankman-Fried trial are expected to begin deliberations today. Danny Lewis reports.

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Biden Reiterates Calls for Humanitarian Pause in Israel-Hamas War

Thu, 02 Nov 2023 10:20:00 -0000

Plus: Disney plans to pay Comcast at least $8.6 billion for its stake in Hulu. And the Justice Department is investigating concert promoter Live Nation’s agreements with artists and venues. Keith Collins hosts.

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Fed Leaves Interest Rates Unchanged at 22-Year High

Wed, 01 Nov 2023 20:43:00 -0000

Fed Chairman Jerome Powell says the central bank could raise rates in the near future to contain inflation. Plus: Shares of Six Flags rise 5.5% on WSJ report it is nearing a deal to merge with Cedar Fair Entertainment. J.R. Whalen reports.

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Fed Officials Likely to Hold Rates Steady, but Open to Possible Future Hike

Wed, 01 Nov 2023 15:21:00 -0000

Plus: Sam Bankman-Fried prosecutors and defense make closing arguments to jury about his role in the collapse of his FTX exchange. And the Panama Canal will halve daily sailings this winter because of drought. Charlotte Gartenberg reports.

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Gaza Internet and Communication Services Cut Off Again

Wed, 01 Nov 2023 10:33:00 -0000

Plus: WeWork plans to file for bankruptcy as early as next week. And healthcare-payments company Waystar delays one of the year’s last big IPOs. Keith Collins hosts.

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U.S. Stocks Rise; Nvidia Shares Fall Nearly 1%

Tue, 31 Oct 2023 20:35:00 -0000

Plus: Tesla shares rise 1.8% after a jury finds there wasn’t a manufacturing defect in the company’s autopilot system in a fatal crash. After the bell, AMD shares fall after the chipmaker issues a downbeat revenue forecast. J.R. Whalen reports.

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Israel Hits Hamas Tunnels in Gaza as Ground Operations Intensify

Tue, 31 Oct 2023 16:02:00 -0000

Plus: Eurozone inflation drops more than expected amid economic contraction. And Stellantis says it lost $3 billion of revenue due to the UAW strike. Charlotte Gartenberg reports.

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Nvidia’s $5 Billion of China Orders in Limbo After U.S. Curbs

Tue, 31 Oct 2023 10:52:00 -0000

Plus: Israeli Prime Minister Benjamin Netanyahu defends an expanding ground operation in Gaza. And the Bank of Japan backs away from a cap on government bond yields. Keith Collins hosts.

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Dow Gains More Than 500 Points as Tech Shares Rise

Mon, 30 Oct 2023 20:55:00 -0000

Big three U.S. indexes each gain more than 1%. Plus: GM shares rise 0.5% after the automaker reaches a tentative deal with the UAW. Gold prices reach their highest level since late July. J.R. Whalen reports.

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General Motors and United Auto Workers Reach Tentative Labor Deal

Mon, 30 Oct 2023 16:00:00 -0000

Plus: Former Marvel executive Isaac Perlmutter has entrusted his Disney stake to Nelson Peltz’s Trian Fund Management ahead of board seats push. Meta will stop showing ads to European minors to comply with regulations. Pierre Bienaimé reports.

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Israeli Ground Operation Pushes Deeper Into Gaza

Mon, 30 Oct 2023 10:35:00 -0000

Plus: A federal judge reinstates a gag order on Donald Trump. And the United Auto Workers union expands its strike on General Motors. Keith Collins hosts.

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S&P Enters a Correction as Investors Pull Back

Fri, 27 Oct 2023 21:53:00 -0000

Plus: JP Morgan stocks fall 3.6% after CEO Jamie Dimon announces plans to sell one million shares. And Chevron shares lose 6.7% after posting weaker-than-expected quarterly results. Danny Lewis reports.

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Jamie Dimon Plans to Sell JPMorgan Shares

Fri, 27 Oct 2023 15:53:00 -0000

Plus: Abercrombie & Fitch is sued over former CEO’s alleged abuse of male models. Sanofi plans to spin off its consumer-healthcare business. And underlying inflation rose in September, but not enough for the Fed to raise interest rates next week. Alex Ossola reports.

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U.S. Launches Strikes on Suspected Iran-Supported Bases in Syria

Fri, 27 Oct 2023 10:38:00 -0000

Plus: China’s former No. 2 leader Li Keqiang dies at age 68. And Apple faces a potential U.S. import ban on certain smartwatches. Keith Collins hosts.

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Amazon Profits Triple to Nearly $10 Billion

Thu, 26 Oct 2023 20:30:00 -0000

Plus: Ford shares fall 1.6% after the automaker reaches a deal with the UAW. After the bell, Intel said weaker personal-computer sales impacted sales of its chips. J.R. Whalen reports.

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U.S. Economy Grew 4.9% This Summer

Thu, 26 Oct 2023 16:06:00 -0000

Plus: The European Central Bank ends a record run of rate hikes. Law enforcement is hunting for a suspect in the deadly mass shootings in Maine. And Mexico begins rescue work after Hurricane Otis strikes Acapulco. Danny Lewis reports.

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Maine Shooter Kills at Least 22 People, Law-Enforcement Official Says

Thu, 26 Oct 2023 11:00:00 -0000

Plus: Some Republican senators propose splitting off Israel aid from funding for Ukraine. And Ford reaches a tentative labor deal with the United Auto Workers union six weeks into its strike. Keith Collins hosts.

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Nasdaq Enters Correction Territory

Wed, 25 Oct 2023 20:43:00 -0000

U.S. stocks decline overall. Plus: Shares of Google parent Alphabet fall 9.6% after reporting a mixed earnings picture. Facebook parent Meta reports its largest quarterly revenue in two years. J.R. Whalen reports.

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Israel Agrees to Delay Gaza Invasion So U.S. Can Get Defenses to Region

Wed, 25 Oct 2023 16:05:00 -0000

Plus: House Republicans will vote whether to install Louisiana Representative Mike Johnson as Speaker this afternoon. And, Twitter, now X, is still burning through bank balance sheets a year after it was bought by Elon Musk. Charlotte Gartenberg reports.

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GOP Picks Mike Johnson as Next Speaker Nominee

Wed, 25 Oct 2023 09:59:00 -0000

Plus: Aid efforts in Gaza near collapse as tensions escalate during U.N. Security Council meeting. And Microsoft and Google kick off earnings season for big tech. Kate Bullivant hosts.

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Microsoft, Google Report Quarterly Earnings

Tue, 24 Oct 2023 19:44:00 -0000

U.S. stocks finish higher. Plus: GM shares close down 2.25% after it abandons a target to produce 400,000 EVs by mid-2024. Spotify shares rise 10.4% after the streamer adds six million new paying customers. J.R. Whalen reports.

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Meta Platforms Sued by Dozens of Attorneys General Over Young Users’ Mental Health

Tue, 24 Oct 2023 16:16:00 -0000

Plus: House Republicans once again try to find a consensus nominee for Speaker. And United Auto Workers strike at a General Motors’ Texas plant as it releases results and cuts electric vehicle production targets. Danny Lewis reports.

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Israeli Foreign Minister to Address U.N. Security Council

Tue, 24 Oct 2023 10:05:00 -0000

Plus: House Republicans again restart efforts to resolve their leadership crisis. And LeBron James, Peyton Manning and the Obamas are looking to team up on a new basketball series for Netflix. Keith Collins hosts.

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Bitcoin Price Rallies Above $31,000

Mon, 23 Oct 2023 20:28:00 -0000

U.S. stocks finish mixed. Plus: Chevron shares fall 3.7% after the company said it is buying Hess in an all-stock deal worth $53 billion. Morgan Stanley shares fall to their lowest level since February 2021. J.R. Whalen reports.

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10-Year U.S. Treasury Yield Breaks 5% For 16-Year High

Mon, 23 Oct 2023 15:53:00 -0000

Plus: Price of bitcoin rallies above $30,000. And Russia court formally arrests a second U.S. journalist this year. Pierre Bienaimé reports.

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Israel Intensifies Bombing on Several Fronts

Mon, 23 Oct 2023 10:56:00 -0000

Plus: A number of Republican hopefuls pile into the House speaker race. And Chevron agrees to buy rival oil-and-gas company Hess for $53 billion. Keith Collins hosts.

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Dow Falls Nearly 300 Points

Fri, 20 Oct 2023 21:04:00 -0000

Plus: Apple shares decline for the sixth straight day. Gold trades above $2,000 for the first time since July as the war between Hamas and Israel sends investors to haven assets. J.R. Whalen reports.

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Israel Orders Evacuation of a City on the Lebanese Border

Fri, 20 Oct 2023 16:51:00 -0000

Plus: Dozens of Canadian diplomats have left India. Jim Jordan again fails to become House Speaker. And CVS voluntarily removes decongestants containing an ineffective ingredient. Alex Ossola reports.

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Biden Links Israel, Ukraine Wars as He Pushes for More Aid

Fri, 20 Oct 2023 10:33:00 -0000

Plus: The SEC drops its lawsuit against executives at crypto company Ripple Labs over sales of digital coin XRP. And Apple CEO Tim Cook pays a visit to China. Keith Collins hosts.

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Mortgage Rates Reach 7.63% as Bond Yields Rise

Thu, 19 Oct 2023 20:49:00 -0000

U.S. stocks fall after Fed Chair Jerome Powell said interest rates aren’t currently too high. Plus: Tesla shares fall 9.3% after Elon Musk warns of “enormous challenges” scaling up production of its cybertruck. Shares of Netflix shares rise 16% a day after the company reported higher-than-expected profit. J.R. Whalen reports.

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Nokia Will Lay Off 14,000 Workers As Telecoms Cut Spending

Thu, 19 Oct 2023 16:07:00 -0000

Plus: The IRS will let companies withdraw applications for employee-retention tax credits. September home sales fell to a 13-year low. And a former Trump legal advisor takes a plea deal in Georgia election interference case. Danny Lewis reports.

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Biden Secures Deal With Egypt to Deliver Aid to Gaza

Thu, 19 Oct 2023 09:59:00 -0000

Plus: The U.S. lifts broad sanctions against Venezuela for six months. And Chinese-owned American pork giant Smithfield prepares to go public again in the U.S. Keith Collins hosts.

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Netflix to Raise Basic, Premium Monthly Plan Prices

Wed, 18 Oct 2023 20:59:00 -0000

U.S. stocks fall as bond yields rise. Plus: Morgan Stanley shares drop 6.8% after saying profit fell 9%. Tesla says quarterly profit fell 44% but cybertruck deliveries are expected to begin next month. J.R. Whalen reports.

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U.S. Intelligence Shows Gaza Militants Responsible for Hospital Explosion

Wed, 18 Oct 2023 15:23:00 -0000

Plus: Morgan Stanley’s third-quarter profit falls on lower investment-banking revenue. And price cuts are expected to weigh on Tesla’s third-quarter earnings. Charlotte Gartenberg reports.

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President Biden Lands in Israel Amid Hamas War

Wed, 18 Oct 2023 10:48:00 -0000

Plus: China’s release of third-quarter GDP figures paints a mixed picture. And, Amazon plans new logistics improvements set to further reduce delivery times. Kate Bullivant hosts.

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Nvidia Shares Tumble on Tougher U.S. Chip Export Rules

Tue, 17 Oct 2023 20:44:00 -0000

Plus: Richmond Fed President Tom Barkin says there's a "plausible story" that inflation is moving toward the Federal Reserve's target. Goldman Sachs says its quarterly profit fell by a third. Wyndham Hotels rejects $7.8 billion takeover offer by Choice Hotels. J.R. Whalen reports.

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Americans Kept Spending in September

Tue, 17 Oct 2023 16:10:00 -0000

Plus: Goldman Sachs reported 33% lower profits in the third quarter. Ukraine uses U.S.-provided long-range ATACMS guided missiles for the first time. And India’s supreme court rules against legalizing same-sex marriage. Alex Ossola reports.

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Biden to Visit Israel and Jordan; Talks to Open Gaza Border Stall

Tue, 17 Oct 2023 10:16:00 -0000

Plus: Republican House opposition to speaker nominee Jim Jordan starts to crumble. And China tech giant Baidu introduces the latest version of its generative-AI rival to ChatGPT. Keith Collins hosts.

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Dow Rises 300 Points on Interest-Rate Optimism

Mon, 16 Oct 2023 20:38:00 -0000

Plus: Pfizer shares rise 3.6% after the drugmaker reeled in sales projections but announced cost cuts. Lululemon shares rise 10.3% ahead of the stock joining the S&P 500 on Wednesday. J.R. Whalen reports.

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U.S. Picks Troops for Potential Deployment to Middle East

Mon, 16 Oct 2023 16:07:00 -0000

Plus: Gun maker Remington signed a 2009 deal to feature a rifle in Call of Duty videogame franchise. Mexican Sinaloa cartel is prohibiting production and trafficking of fentanyl in its territory. Pierre Bienaimé reports.

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Israel Prepares to Invade Gaza as Clashes Intensify in Other Areas

Mon, 16 Oct 2023 10:12:00 -0000

Plus: Republicans weigh the odds that House speaker nominee Jim Jordan can overcome opposition and end the leadership crisis. Drugstore chain Rite Aid files for bankruptcy. Keith Collins hosts.

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Inflation Concerns Hold U.S. Stocks in Check

Fri, 13 Oct 2023 19:56:00 -0000

Plus: GM, Ford and Stellantis shares finish lower. Wells Fargo shares climb after the bank said earnings rose 61%. Dollar General stock jumps after retailer taps former CEO. J.R. Whalen reports.

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U.S. Ready to Deploy 'Additional Assets' to Israel

Fri, 13 Oct 2023 16:43:00 -0000

Plus: Microsoft closes its $75 billion deal for videogame company Activision Blizzard. Kaiser Permanente and labor unions reach tentative agreement. And United Auto Workers spares General Motors and Stellantis from a strike escalation. Pierre Bienaimé hosts.

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Israel Tells 1.1 Million Civilians to Evacuate Northern Gaza

Fri, 13 Oct 2023 10:34:00 -0000

Plus: Republican Steve Scalise drops out of the race for House speaker. And Microsoft wins U.K. regulatory approval for its deal to buy Activision. Keith Collins hosts.

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U.S. Stocks Fall Over September Inflation Report

Thu, 12 Oct 2023 20:39:00 -0000

September prices rose 3.7% compared to a year ago, higher than expected. Plus: Netflix and Warner Brothers Discovery shares fall after negotiations between studios and striking actors collapse. J.R. Whalen reports.

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U.S. Secretary of State Urges Israel to Avoid Civilian Casualties

Thu, 12 Oct 2023 16:30:00 -0000

Plus: TikTok sues Montana to block statewide ban. The European Union’s antitrust watchdog orders Illumina to unwind $7.1 billion cancer-test company acquisition. And new Labor Department data shows inflation held steady in September. Danny Lewis reports.

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Israel Prepares for Expected Ground Invasion of Gaza Strip

Thu, 12 Oct 2023 10:16:00 -0000

Plus: The United Auto Workers union expands their strike to Ford’s largest factory. And Hollywood studios suspend talks with striking actors. Keith Collins hosts.

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U.S. Stocks Rise for Fourth Straight Day

Wed, 11 Oct 2023 20:45:00 -0000

Plus: Goldman Sachs shares fall 0.6% after agreeing to sell GreenSky to a group of investors. Birkenstock shares fall 13% in their trading debut. J.R. Whalen reports.

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Israel Strikes Gaza Strip as Blinken Heads to the Region

Wed, 11 Oct 2023 15:23:00 -0000

Plus: Exxon Mobil has struck a nearly $60 billion agreement to buy Pioneer Natural Resources. And the U.S. is considering dropping sanctions against Israeli billionaire Dan Gertler in a push for EV metals. Charlotte Gartenberg reports.

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Death Toll Rises in Israel’s War on Hamas

Wed, 11 Oct 2023 10:31:00 -0000

Plus: House Republicans choose between Scalise and Jordan for Speaker nominee. And Birkenstock prices its IPO at $46 a share. Mohsin Ali hosts.

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U.S. Stocks Rise as Interest-Rate Concerns Ease

Tue, 10 Oct 2023 20:46:00 -0000

Plus: Oil prices edge lower and travel-related stocks rise. PepsiCo shares climb after the company raises full-year earnings projections. J.R. Whalen reports.

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Israeli Airstrikes Disrupt Flow of Aid to Gaza

Tue, 10 Oct 2023 16:01:00 -0000

Plus: Russian court upholds WSJ reporter Evan Gershkovich’s detention. And the IRS says EV buyers will soon get tax credits right at the dealership. Danny Lewis reports.

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Israel Intensifies Airstrikes on Gaza

Tue, 10 Oct 2023 10:30:00 -0000

Plus: Canadian auto workers launch a strike against General Motors after contract talks fail to reach a temporary deal. And Chinese property giant Country Garden succumbs to a debt crisis. Keith Collins hosts.

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Israel-Hamas War Pushes Defense Stocks, Oil Prices Higher

Mon, 09 Oct 2023 20:29:00 -0000

U.S. and global crude prices rise 4%. Plus: Disney shares rise 2.1% on WSJ report that activist investor Nelson Peltz plans to seek several seats on the company’s board. J.R. Whalen reports.

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Israel Launches Attacks on Gaza

Mon, 09 Oct 2023 15:55:00 -0000

Plus: Justice Department probe is homing in on a prominent oil trader. And Evergrande’s investors predict the company’s “uncontrollable collapse.” Alex Ossola reports.

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Israel-Hamas War Rages On; Iran Said to Have Helped Plot Militants’ Attack

Mon, 09 Oct 2023 10:47:00 -0000

Plus: Global oil markets and safe-haven assets surge on fears about the conflict and its wider implications. Activist investor Nelson Peltz again pushes for seats on Disney’s board. And Bristol Myers Squibb agrees to buy oncology developer Mirati Therapeutics. Keith Collins hosts.

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U.S. Stocks Rally on Slower Pace of September Wage Growth

Fri, 06 Oct 2023 20:28:00 -0000

Plus: Shares of the big three Detroit automakers rise after the UAW said they would be spared additional walkouts due to progress in labor negotiations. Tesla shares rise after the carmaker cut prices of Model 3 and Model Y vehicles in the U.S. J.R. Whalen reports.

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U.S. Added 336,000 Jobs in September

Fri, 06 Oct 2023 16:07:00 -0000

Plus: U.S. fighter jet shot down a Turkish drone in Syria. And Russia indicates it will step back from a treaty limiting nuclear tests. Alex Ossola reports.

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Exxon Closes In on Blockbuster Deal for Shale Driller Pioneer

Fri, 06 Oct 2023 10:22:00 -0000

Plus: Casino operator MGM didn’t pay a ransom to hackers after the cyberattack that crippled its business earlier this year. And the SEC sues Elon Musk to make him comply with its probe into his takeover of Twitter. Keith Collins hosts.

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U.S. Stocks Stage Turnaround on ‘Diminished’ Need for Rate Hike

Thu, 05 Oct 2023 21:00:00 -0000

San Francisco Fed President Mary Daly says rates could still rise if the economy re-accelerates. Plus: GM shares fall 2.4% over recall concerns. Mortgage rates reach 7.49%. J.R. Whalen reports.

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FTX Employees Found Backdoor Months Before Crypto Exchange Collapsed

Thu, 05 Oct 2023 16:29:00 -0000

Plus: Biden administration resumes construction on Mexico border wall. And Donald Trump’s lawyers request Mar-a-Lago documents trial be postponed until after the presidential election. Danny Lewis reports.

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Amazon, Microsoft Cloud Services Face U.K. Regulatory Scrutiny

Thu, 05 Oct 2023 10:17:00 -0000

Plus: House lawmakers jump into the race to succeed ousted Speaker Kevin McCarthy. And Clorox warns of a quarterly loss following a cyberattack earlier this year. Keith Collins hosts.

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U.S. Stocks Rise as Bond Yields Decline

Wed, 04 Oct 2023 21:01:00 -0000

Plus: Ford reports a 7.7% increase in quarterly sales. Gold prices fall to their lowest level since March. J.R. Whalen reports.

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Major U.S. Healthcare Walkout as Kaiser Permanente Union Strikes

Wed, 04 Oct 2023 15:24:00 -0000

Plus: FEMA to test its nationwide emergency alert system at 2 p.m. Eastern time. Russian court sentences protesting journalist in absentia. And quantum dot researchers win Nobel in chemistry. Charlotte Gartenberg reports.

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House of Representatives Paralyzed after House Speaker Kevin McCarthy is Ousted

Wed, 04 Oct 2023 10:26:00 -0000

Plus: A New York judge has imposed a gag order on former President Donald Trump and his legal team. And, Airlines are left scrambling to find dodgy spare parts that made their way into jet engines. Kate Bullivant hosts.

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Dow Falls More Than 400 Points as Bond Yields Rise

Tue, 03 Oct 2023 20:50:00 -0000

More than 10% of stocks in the S&P 500 hit new 52-week lows. Plus: Netflix plans to raise the price of its ad-free service after the ongoing actor strike ends. J.R. Whalen reports.

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Netflix Plans Price Hikes After Actors Strike

Tue, 03 Oct 2023 16:19:00 -0000

Plus: Hunter Biden pleads not guilty to felony gun charges in federal court. And a lawsuit before the Supreme Court could upend rules for mortgages, credit cards and other loans. Danny Lewis reports.

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Matt Gaetz Launches Bid to Oust Kevin McCarthy as House Speaker

Tue, 03 Oct 2023 10:01:00 -0000

Plus: Meta plans fees for Facebook and Instagram users in Europe. And office owners continue to struggle with near record-high vacancy rates. Kate Bullivant hosts.

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Energy Stocks Fall as Manufacturing Contraction Continues

Mon, 02 Oct 2023 21:03:00 -0000

Plus: Tesla shares edge higher despite a decline in global sales. Discover stock rises after company says it will address FDIC compliance order. Kellanova, WK Kellogg stocks finish their first trading day lower. J.R. Whalen reports.

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Tesla Sales Slow Ahead of Cybertruck Launch

Mon, 02 Oct 2023 16:34:00 -0000

Plus: Nobel committee awards two researchers for pioneering mRNA technology that led to effective Covid-19 vaccines. Struggling aerospace supplier Spirit AeroSystems says CEO has left the company. Pierre Bienaimé hosts.

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GOP Rep. Matt Gaetz Plans to Oust House Speaker Kevin McCarthy

Mon, 02 Oct 2023 10:18:00 -0000

Plus: California’s governor appoints Laphonza Butler to the Senate seat formerly held by the late Dianne Feinstein. And new data from China offers some glimmers of economic hope despite persistent challenges to growth. Keith Collins hosts.

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Dow, S&P, Nasdaq Post Sharp Losses for September

Fri, 29 Sep 2023 20:50:00 -0000

Plus: GM and Ford shares fall as the UAW expands its strike against the automakers. Tesla shares rose 1.6% ahead of deliveries numbers due out on Monday. J.R. Whalen reports.

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Longtime U.S. Senator Dianne Feinstein Dies

Fri, 29 Sep 2023 16:24:00 -0000

Plus: The SEC charges Newell Brands and its former CEO Michael Polk. And the United Auto Workers union expanded its strike. Alex Ossola reports.

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House Votes Offer Mixed Picture Ahead of Potential Shutdown

Fri, 29 Sep 2023 10:42:00 -0000

Plus: Senators call on Russia to immediately release Wall Street Journal reporter Evan Gershkovich. And Tesla is accused in a lawsuit of racial harassment at a California plant. Keith Collins hosts.

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U.S. Stocks Rise as Bond Yields Take a Breather

Thu, 28 Sep 2023 20:52:00 -0000

Plus: Peloton shares rise 4.4% a day after announcing a co-branding deal with Lululemon. The average 30-year mortgage rate hits a 23-year high. J.R. Whalen reports.

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U.S.-China Talks Pave Way for Biden-Xi Summit

Thu, 28 Sep 2023 16:05:00 -0000

Plus: Kari Lake plans to enter race for Kyrsten Sinema’s Senate seat. And Chinese property giant Evergrande says its chairman is suspected of unnamed crimes. Danny Lewis reports.

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GOP Presidential Hopefuls Debate as Trump Again Skips Event

Thu, 28 Sep 2023 10:37:00 -0000

Plus: Trading of Chinese property giant Evergrande’s shares was suspended after reports that the company’s chairman was under police surveillance. And U.S. hiring trends are pointing to a more subdued holiday season. Keith Collins hosts.

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Oil Prices Reach Their Highest Level of the Year

Wed, 27 Sep 2023 21:12:00 -0000

Plus: Exxon Mobil shares climb to a record high. Micron shares fall 4% after the bell after the company posted a wider-than-expected loss. J.R. Whalen reports.

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American Soldier Travis King Released From North Korea

Wed, 27 Sep 2023 15:23:00 -0000

Plus: Las Vegas Strip workers vote to authorize possible strike. And NASA astronaut Frank Rubio returns after longest space flight by an American. Charlotte Gartenberg hosts.

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Senators Unveil Bipartisan Funding Deal to Avert Government Shutdown

Wed, 27 Sep 2023 10:01:00 -0000

Plus: A New York Judge rules that Donald Trump committed fraud in valuing assets. And, we’re exclusively reporting that Open AI is exploring a share sale that could value the company at up to $90 billion. Kate Bullivant hosts.

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Target Closing Stores in Several States Due to Theft

Tue, 26 Sep 2023 20:54:00 -0000

Plus: U.S. stocks fall sharply on bond-yield concerns. Amazon shares fall 4% after the FTC sues the retailer, alleging it is an illegal online-marketplace monopoly. Amazon calls suit “wrong on the facts and the law.” J.R. Whalen reports.

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Amazon Accused of Online-Retail Monopoly in Federal Antitrust Lawsuit

Tue, 26 Sep 2023 16:33:00 -0000

Plus: J.P. Morgan Chase paying $75 million to settle lawsuit over Epstein ties. Hunter Biden sues Rudy Giuliani over release of laptop data. And U.S. home prices continue to rise as sales stay low. Danny Lewis reports.

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President Biden Plans to Walk UAW Picket Line in Michigan

Tue, 26 Sep 2023 10:15:00 -0000

Plus: Ford halts construction of a U.S. electric-vehicle battery plant that has drawn criticism over work with a Chinese company. And Jeff Bezos’ space company Blue Origin taps a longtime Amazon executive to be its next CEO. Keith Collins hosts.

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U.S. Stocks Snap Four-Session Losing Streak

Mon, 25 Sep 2023 20:46:00 -0000

Plus: Amazon shares rise on news the company will invest up to $4 billion in AI company Anthropic. The yield on the 10-year Treasury bond settles at its highest point since 2007. J.R. Whalen reports.

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Amazon to Invest Up to $4 Billion in AI Company Anthropic

Mon, 25 Sep 2023 16:33:00 -0000

Plus: Biden administration announces 70 picks for rail bridges and tracks to receive $1.4 billion in federal grants. And Lego is scrapping plans to make its toy bricks from recycled plastic bottles. Pierre Bienaimé hosts.

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Hollywood Writers, Studios Reach Tentative Deal to End Strike

Mon, 25 Sep 2023 09:57:00 -0000

Plus: House Speaker Kevin McCarthy intends to mount a last-ditch effort to avoid a government shutdown. And Facebook owner Meta plans to roll out personality AI chatbots aimed at attracting younger users. Keith Collins hosts.

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S&P 500 Posts Worst Weekly Performance Since March

Fri, 22 Sep 2023 20:43:00 -0000

Plus: Ford shares rise 1.9% after it is spared today’s UAW walkout. Shares of biotech company Seagen rise 3.5% after posting positive results from a phase 3 study of a cancer-drug combination. J.R. Whalen reports.

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United Auto Workers Expand Strike But Spare Ford

Fri, 22 Sep 2023 16:17:00 -0000

Plus: U.S. Senator Bob Menendez is indicted on bribery charges. And Amazon Prime will start running ads. Alex Ossola reports.

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House Speaker Kevin McCarthy Sends Republicans Home After Losing Vote

Fri, 22 Sep 2023 09:53:00 -0000

Plus: Microsoft’s Activision deal clears a major hurdle as U.K. antitrust authorities accept changes to the transaction. And Japan’s central bank holds off on raising interest rates as inflation remains higher than its target. Keith Collins hosts.

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U.S. Stocks Decline as Bond Yields Rise

Thu, 21 Sep 2023 21:02:00 -0000

Plus: News Corp and Fox shares rise after chair Rupert Murdoch announces he is stepping down. Homebuilder stocks decline. J.R. Whalen reports.

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U.S. Home Sales at Slowest Pace Since January

Thu, 21 Sep 2023 16:08:00 -0000

Plus: Cisco Systems strikes a multi-billion dollar deal to buy analytics and security-software company Splunk. And Fox and News Corp. chair Rupert Murdoch is stepping down. Charlotte Gartenberg reports.

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Israel Considers Accepting Saudi Uranium Enrichment

Thu, 21 Sep 2023 10:07:00 -0000

A group of GOP lawmakers vows to oppose another aid package for Ukraine. And Japan’s Toshiba completes a deal to go private. Keith Collins hosts.

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Fed Holds Rates Steady, Hints at Rate Hike Before January

Wed, 20 Sep 2023 20:37:00 -0000

The three big U.S. stock indexes lost ground. Also, shares of marketing-automation platform Klaviyo rose 9.2% in their trading debut. J.R. Whalen reports.

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Ukrainian Commercial Vessels Resume Using Black Sea Port

Wed, 20 Sep 2023 15:39:00 -0000

Plus: Ford avoids a second potential strike as it reaches a tentative agreement with Canadian union Unifor. And Budweiser’s parent will no longer cut the tails off their Clydesdale horses. Charlotte Gartenberg reports.

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Tobacco Giant Philip Morris Rethinks $2 Billion Healthcare Push

Wed, 20 Sep 2023 10:41:00 -0000

Plus: Goldman Sachs in talks to sell Greensky in major consumer retreat, and UK inflation falls unexpectedly in August. Mohsin Ali hosts.

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Amazon to Hire 250,000 Workers This Fall

Tue, 19 Sep 2023 20:54:00 -0000

Also: Instacart shares rise 12.3% on their first day of trading. Copper shares are down 1.8% this month. J.R. Whalen reports.

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Disney to Invest $60 Billion in Parks and Cruises

Tue, 19 Sep 2023 17:01:00 -0000

Plus: Congressional panels ask for details of Chinese nationals at sensitive U.S. facilities. FTX sues founder Sam Bankman-Fried’s parents for alleged misappropriated funds. And Russian court declines to consider WSJ Reporter Evan Gershkovich’s detention appeal. Ariana Aspuru reports.

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Instacart IPO Pricing Values Company at Nearly $10 Billion

Tue, 19 Sep 2023 10:17:00 -0000

The Marines locate the wreckage of a F-35 jet fighter that went missing near Charleston, S.C. And U.S. business confidence in China slumps to its lowest level in decades. Keith Collins hosts.

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Moderna, Pfizer Shares Fall on Projected Weaker Covid-19 Shot Demand

Mon, 18 Sep 2023 20:48:00 -0000

Plus: Shares of the big three U.S. automakers decline as the UAW limited strike continues. U.S. crude rises to more than $91 a barrel. J.R. Whalen reports.

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Former U.S. Prisoners Released by Iran

Mon, 18 Sep 2023 16:34:00 -0000

Plus: Saudi Arabia in talks with Tesla about setting up a manufacturing facility there. Clorox operating at a reduced rate after cyberattack. Hunter Biden sues IRS for alleged breach of privacy. Pierre Bienaimé reports.

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Republican Groups Draft Short-Term Proposal to Keep Government Open

Mon, 18 Sep 2023 10:37:00 -0000

The Marines Corps says a jet fighter has gone missing after a “mishap” near Charleston, S.C. And shares of defaulted Chinese developer Evergrande dipped sharply after Shenzhen police said they took action against several employees of its wealth-management unit. Keith Collins hosts.

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U.S. Stocks Decline, Led by Tech Stocks

Fri, 15 Sep 2023 20:39:00 -0000

Adobe shares fall 4.2%, while shares of Arm Holdings fall 4.5% in their second day of trading. J.R. Whalen reports.

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Russia Raises Interest Rates to Curb Inflation

Fri, 15 Sep 2023 16:36:00 -0000

Plus: Irish authorities fine TikTok $367.2 million over misuse of children’s data. India scales up efforts to contain deadly Nipah virus. And Hurricane Lee is expected to make landfall in Canada. Alex Ossola reports.

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UAW Launches Historic Strike at Ford, GM and Stellantis

Fri, 15 Sep 2023 10:34:00 -0000

China’s economy shows modest signs of a fragile recovery. And grocery-delivery company Instacart is preparing to raise its IPO target price following Arm’s successful trading debut. Keith Collins hosts.

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Dow Rises More Than 300 Points

Thu, 14 Sep 2023 19:54:00 -0000

Plus, Arm Holdings shares rise 25% in their first day of trading. Cruise companies are among the day’s winners. J.R. Whalen reports.

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U.S. Plans New Sanctions on Tech Sales to Russia

Thu, 14 Sep 2023 15:36:00 -0000

Plus: European Central Bank raises key interest rate to record high. And OPEC production cuts push crude oil prices to 10-month highs. Danny Lewis reports.

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Chip Designer Arm to Begin Trading After Pricing IPO at $51 a Share

Thu, 14 Sep 2023 10:25:00 -0000

Plus: The head of the UAW says the union and Detroit automakers remain far apart in contract talks as the deadline looms. Elon Musk, Bill Gates and other tech heavyweights debate the potential benefits and problems of AI in a closed-door meeting with senators. Keith Collins hosts.

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Arm Expected to Price IPO at $52 a Share

Wed, 13 Sep 2023 21:17:00 -0000

Plus, airline stocks decline after American and Spirit slashed their profit projections. Caesars Entertainment paid roughly $15 million dollars in ransom to hackers in a cyberattack late this summer, according to people familiar with the matter. J.R. Whalen reports.

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U.S. Inflation Up in August as Gas Prices Rise

Wed, 13 Sep 2023 16:28:00 -0000

Plus: Citigroup’s CEO shakes up the bank’s upper management levels as she seeks to simplify the company. American Airlines slashes its quarterly profit outlook, citing new union contract and gas prices. And EY announces $1.4 billion investment in AI. Charlotte Gartenberg reports.

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TSMC Plans a Big Investment in Arm’s IPO

Wed, 13 Sep 2023 10:47:00 -0000

Plus: United Auto Workers threaten strikes at certain auto plants if parties don’t reach an agreement before Thursday’s deadline. And Vladimir Putin meets with North Korean leader Kim Jong Un. And Kate Bullivant hosts.

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Oracle Pulls S&P 500 Lower After Weak Sales Projections

Tue, 12 Sep 2023 19:50:00 -0000

Plus: Apple shares fall 1.7% after the company unveils its iPhone 15 lineup. Global oil prices are expected to remain high through the fourth quarter. J.R. Whalen reports.

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Thousands Feared Dead After Storm in Libya

Tue, 12 Sep 2023 16:55:00 -0000

Plus: Google’s antitrust lawsuit begins in Washington. Decongestant in popular cold medicines found ineffective. WSJ publisher requests help from U.N. group for release of reporter Evan Gershkovich. Ariana Aspuru reports.

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Apple to Reveal New iPhone at ‘Wonderlust’ Company Event

Tue, 12 Sep 2023 10:13:00 -0000

The United Auto Workers union bends on wage demands in contract talks. And Israel’s Supreme Court hears a case related to Prime Minister Benjamin Netanyahu’s judicial overhaul. And Keith Collins hosts.

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Tesla Shares Gain 10%, Boost U.S. Stocks

Mon, 11 Sep 2023 20:37:00 -0000

Morgan Stanley boosted its Tesla share-price target by 60% to $400. Plus, Eli Lilly shares reach a new record high. J.R. Whalen reports.

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Disney and Charter Reach Agreement, Ending Cable Blackout

Mon, 11 Sep 2023 16:15:00 -0000

Plus: J.M. Smucker is buying Hostess Brands for around $4.6 billion. Apple reaches a three-year deal for Qualcomm to supply 5G communications chips. Morocco’s government faces criticism for being slow to accept international help after Friday’s deadly earthquake. Pierre Bienaimé reports.

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Meta Plans a New AI System With ChatGPT in Its Sights

Mon, 11 Sep 2023 10:23:00 -0000

Plus the U.S. and Vietnam embark on a new strategic partnership. And Instacart is targeting a much-diminished valuation for its long-anticipated IPO. Keith Collins hosts.

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Investors Questioning AI-Fueled Tech Rally

Fri, 08 Sep 2023 20:11:00 -0000

S&P 500’s tech sector falls 2.3% for the week. Plus: Smith & Wesson shares rise 10.9% after the gun maker reported strong earnings. J.R. Whalen reports.

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Kroger Swings to Loss After Opioid Settlement

Fri, 08 Sep 2023 16:20:00 -0000

Plus: IRS readies audits of large hedge funds and real-estate firms with help of AI. Turkish founder of cryptocurrency exchange Thodex sentenced to more than 11,000 years in prison. And Hurricane Lee intensifies. Charlotte Gartenberg reports.

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President Biden Travels to India for G-20 Leaders Summit

Fri, 08 Sep 2023 10:04:00 -0000

Plus: Chevron workers launch strike actions at two Australian natural-gas facilities. And Hong Kong is paralyzed by flooding generated by record rainfall. Keith Collins hosts.

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Apple Shares Down More Than 6% This Week

Thu, 07 Sep 2023 20:01:00 -0000

Also: Walmart shares rise 1.25% after the retailer said it will cut starting pay for some new hires. AMC Entertainment falls 5.8% after yesterday’s 37% decline. J.R. Whalen reports.

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Walmart Cuts Starting Pay for Some New Hires

Thu, 07 Sep 2023 17:00:00 -0000

Plus: Health insurance costs are expected to jump next year. New proposed federal rules could require railroads to share tracks with competitors. And Hurricane Lee is expected to become a major hurricane. Danny Lewis reports.

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China Exports Drop for Fourth Straight Month

Thu, 07 Sep 2023 10:17:00 -0000

Apple’s iPhone faces competition in China from local rival Huawei’s latest smartphone. And the Biden administration moves to block oil drilling on millions of acres of Alaskan wilderness. Keith Collins hosts.

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U.S. Stocks Fall as Economy Remains Hot

Wed, 06 Sep 2023 20:40:00 -0000

Nvidia and Apple shares each fall more than 3%. AMC Entertainment falls to an all-time low a fter announcing plans to sell 40 million common shares. J.R. Whalen reports.

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Antony Blinken Pledges Long-Term Support for Ukraine

Wed, 06 Sep 2023 15:54:00 -0000

Plus: Several executives exit crypto exchange Binance. And Roku cuts 10% of its workforce to reduce spending. Alex Ossola reports.

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FTC Sets Stage for Antitrust Suit Against Amazon

Wed, 06 Sep 2023 09:50:00 -0000

Plus: Pentagon plans for a vast AI-powered drone fleet to counter threats from China and others. And, former Proud Boys chairman Enrique Tarrio receives a 22-year prison sentence linked to the January 6th assault on the Capitol. Kate Bullivant hosts.

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U.S. Stocks Fall on Negative Chinese Economic Data

Tue, 05 Sep 2023 20:30:00 -0000

Plus: United Airlines shares fall 2.5% after the carrier briefly grounded its nationwide fleet of planes today. Tesla shares rise 4.7% on data showing production at its Shanghai plant rebounded in August. J.R. Whalen reports.

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Warner Bros. Cuts Profit Outlook Amid Hollywood Strikes

Tue, 05 Sep 2023 16:46:00 -0000

Plus: Hong Kong court orders the recognition of same-sex partnerships. Spanish soccer coach fired weeks after Women’s World Cup win. Ariana Aspuru reports.

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Country Garden Narrowly Avoids Default

Tue, 05 Sep 2023 10:18:00 -0000

Plus: Investors flock to battery recyclers in hunt for climate law winners. And North Korean leader Kim Jong Un plans to visit Russia. Mohsin Ali hosts.

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Disney-Spectrum Cable Dispute Pulls Several Media Stocks Lower

Fri, 01 Sep 2023 20:02:00 -0000

Plus: Tesla shares fall 5% over investor concern about the price of the updated Model 3 in China. Dell shares rise more than 20% a day after the company released a better-than-expected earnings report. J.R. Whalen reports.

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U.S. Job Gains Slowed in Summer, Unemployment Increased in August

Fri, 01 Sep 2023 16:43:00 -0000

Plus: Walgreens’ CEO is stepping down. Saudi Arabia considers selling $50 billion in shares of Aramco. And Hong Kong braces for supertyphoon Saola. Alex Ossola reports.

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China Rolls Out Measures Aimed at Supporting the Property Market

Fri, 01 Sep 2023 10:23:00 -0000

Plus: Tesla unveils its revamped longer-range Model 3 vehicle in China. And the United Auto Workers union accuses GM and Jeep maker Stellantis of unfair labor practices. Keith Collins hosts.

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UBS Shares Rise After Bank Books $29 Billion Profit

Thu, 31 Aug 2023 20:35:00 -0000

Also: Apple shares notch fifth straight gain , but decline 4% for August. Mortgage rates edge down to 7.18%. J.R. Whalen reports.

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Trump Pleads Not Guilty in Georgia Racketeering Case

Thu, 31 Aug 2023 16:14:00 -0000

Plus: Ukrainian counteroffensive pierces Russian defensive lines. UBS posts $29 billion profit on Credit Suisse purchase. And consumer spending increased significantly in July. Danny Lewis reports.

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China’s Economy Shows Further Signs of Weakness

Thu, 31 Aug 2023 10:43:00 -0000

Plus: Chinese tech giant Baidu publicly rolls out its answer to ChatGPT. And Microsoft plans to change the way it sells its Teams videoconferencing software in Europe. Keith Collins hosts.

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U.S. Stocks Post Fourth Straight Gain

Wed, 30 Aug 2023 20:15:00 -0000

Also: Warner Bros. Discovery shares rise more than 1% after CNN names former New York Times executive Mark Thompson as its new CEO. Salesforce shares rise nearly 6% after hours after the company reported strong quarterly profits. J.R. Whalen reports.

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Rudy Giuliani Found Liable for Defamation of Georgia Poll Workers

Wed, 30 Aug 2023 16:31:00 -0000

Plus: Visa and Mastercard prepare to increase merchant fees. A new rule proposed by the Biden administration could make millions more Americans eligible for overtime pay. And updates after Hurricane Idalia’s Florida landfall. Charlotte Gartenberg reports.

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Hurricane Idalia Barrels Toward Florida as Powerful Category 4 Storm

Wed, 30 Aug 2023 10:29:00 -0000

Plus: Ukraine launches its largest drone attack on Russian military targets since the war began. And baby-formula makers face a U.S. congressional push to disclose contamination earlier. Keith Collins hosts.

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Nvidia Shares Rise in Strong Day for Tech Stocks

Tue, 29 Aug 2023 21:00:00 -0000

Dow, S&P 500 and Nasdaq all finish higher. Plus: Best Buy shares rise 3.9% after earnings came in above Wall Street’s estimates. Consumer confidence plummets in August as job openings decline. J.R. Whalen reports.

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U.S. Targets 10 Drugs for Medicare Price Negotiations

Tue, 29 Aug 2023 16:38:00 -0000

Plus: Crypto asset manager Grayscale wins lawsuit against SEC. Home prices stayed steady in June, while job openings dipped in July. Hurricane Idalia is set to hit Florida on Wednesday. Ariana Aspuru reports.

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U.S. and European Allies Seek to Cement Long-Term Aid for Ukraine

Tue, 29 Aug 2023 10:19:00 -0000

Plus: 3M’s board approves a $6 billion settlement related to veterans’ claims about the company’s earplugs. And Chevron workers at two Australian natural-gas operations plan work stoppages next month. Keith Collins hosts.

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Dow Rises 200 Points to Open the Week

Mon, 28 Aug 2023 21:16:00 -0000

Plus: Hawaiian Electric shares rise 45% after the utility pushes back against claims its power lines caused Maui’s deadly wildfires. 3M shares climb 5.2% following WSJ report that it is nearing a settlement over its sale of military earplugs that didn’t protect users from hearing loss. J.R. Whalen reports.

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Trump Election-Interference Trial Set for March 2024

Mon, 28 Aug 2023 16:36:00 -0000

Plus: Tropical Storm Idalia is set to intensify into a hurricane as it heads for Florida. Hundreds of flights to and from the U.K. delayed due to computer glitch. Top official says the European Union should be ready to take in Ukraine and other nations by 2030. Pierre Bienaimé reports.

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China’s Stocks Rally After Beijing Moves to Help Boost Market

Mon, 28 Aug 2023 10:38:00 -0000

Plus: U.S. Commerce Secretary Gina Raimondo is in China on a visit aimed at protecting America’s economic interests. And 3M nears a roughly $5.5 billion settlement related to its earplugs. Keith Collins hosts.

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U.S. Stocks Rise as Powell Signals Caution on Rate Hikes

Fri, 25 Aug 2023 21:15:00 -0000

Dow, S&P 500, Nasdaq finish up at least 0.6%. Hawaiian Electric falls 19% after Maui County sues following wildfires. Rite Aid shares plunge 51% after the Wall Street Journal reported the drugstore chain is preparing to file for bankruptcy. Alex Ossola reports.

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Blackstone Sells Stake in Las Vegas’ Bellagio

Fri, 25 Aug 2023 16:12:00 -0000

Plus: Jerome Powell says the Fed will proceed carefully on any further interest increases. And the United Auto Workers vote overwhelmingly in favor of a potential strike. Charlotte Gartenberg reports.

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Donald Trump Surrenders in Georgia Case; Mug Shot Released

Fri, 25 Aug 2023 10:16:00 -0000

Saudi Arabia weighs a Chinese bid to build a nuclear-power plant in the kingdom. Maui County files a lawsuit alleging that Hawaiian Electric’s power lines caused the island’s recent wildfires. Keith Collins hosts.

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U.S. Stocks Slide As Investors Await Powell Speech

Thu, 24 Aug 2023 21:30:00 -0000

Dow, S&P 500, Nasdaq close down 1% or more. Dollar Tree falls 13% as it becomes latest retailer to report results raising concerns over consumer spending. AMC completes one-for-10 reverse stock split. Ariana Aspuru reports.

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Wagner Leader Prigozhin Was Assassinated, Early U.S. Intelligence Says

Thu, 24 Aug 2023 16:49:00 -0000

Plus: A Russian judge extends WSJ reporter Evan Gershkovich’s detention. And T-Mobile plans to lay off 5,000 employees. Alex Ossola reports.

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GOP Debate Candidates Attack Each Other, Spare Trump

Thu, 24 Aug 2023 10:26:00 -0000

China suspends imports of seafood from Japan after the release of radioactive wastewater from the Fukushima nuclear plant. Australia’s Woodside Energy moves to head off a labor dispute that has been roiling natural-gas markets. Keith Collins hosts.

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Nvidia Surges After Reporting Record Sales

Wed, 23 Aug 2023 21:16:00 -0000

S&P 500, Nasdaq end day up more than 1%. Mixed quarterly earnings from retailers, including Foot Locker, Abercrombie & Fitch and Peloton, paint a complicated picture of the U.S. consumer sector. Charlotte Gartenberg reports.

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India Lands on the Moon’s South Pole

Wed, 23 Aug 2023 15:42:00 -0000

Plus: Peloton shares tumble as fitness company warns of continued losses. And the SEC will vote on new rules for private funds. Alex Ossola reports.

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Hollywood Presents New Offer to Striking Writers

Wed, 23 Aug 2023 10:25:00 -0000

PMI data for the Eurozone and U.K. reveal a sharp downturn in business activity. And, bankrupt trucker company Yellow is unleashing a bidding war in the tight supply chain market. Kate Bullivant hosts.

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Stocks Edge Lower After Retailers Report Disappointing Earnings

Tue, 22 Aug 2023 20:48:00 -0000

Shares in Dick’s Sporting Goods and Macy’s fall after weaker quarterly earnings and tepid profit forecasts. Plus: EV-maker VinFast surges, Charles Schwab shares fall after announcing plans to trim staff and office space. Danny Lewis reports

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Macy’s, Dick’s Sporting Goods Report Lower Profits

Tue, 22 Aug 2023 16:50:00 -0000

Plus: IBM is selling the Weather Channel and other assets. Existing U.S. home sales fell in July. And Thailand picks a new prime minister. Ariana Aspuru reports.

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Japan to Release Water From Fukushima Nuclear Plant Into Pacific This Week

Tue, 22 Aug 2023 09:46:00 -0000

Donald Trump says he will surrender on Thursday in the criminal election-interference case in Georgia. Microsoft submits a revised proposal for its Activision deal to the U.K.’s antitrust watchdog. Keith Collins hosts.

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Tech Stocks Boost Markets Despite Pressure From Long-Term Treasury Yields

Mon, 21 Aug 2023 21:08:00 -0000

Plus: Nvidia shares rally in anticipation of the chipmaker’s earnings report. And, AMC Entertainment stocks tumble ahead of planned conversion of preferred equity units. Danny Lewis reports.

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Subway Sandwich Chain Nears Sale to Private-Equity Firm

Mon, 21 Aug 2023 16:18:00 -0000

Plus: YouTube partners with Universal Music Group over the future of AI in music. And former President Donald Trump holds 23-point lead in Iowa, per closely watched poll. Pierre Bienaimé reports.

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China’s Banks Roll Out Another Rate Cut in Bid to Bolster Economy

Mon, 21 Aug 2023 09:46:00 -0000

Tropical Storm Hilary lashes Southern California, triggering floods and power outages. Facebook owner Meta plans to roll out a web version of microblogging app Threads early this week. Keith Collins hosts.

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U.S. Stocks Finish Mixed Over More Bond-Yield Concerns

Fri, 18 Aug 2023 20:35:00 -0000

Dow, S&P 500 and Nasdaq finish lower for the week. Plus: Ross Stores rose 5% after the discount chain reported stronger-than-expected earnings. Bitcoin fell 4.9% to about $26,200. J.R. Whalen reports.

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SoftBank Buys Back Stake in Chip Designer Arm

Fri, 18 Aug 2023 16:31:00 -0000

Plus: Outback Steakhouse’s owner attracts an activist investor. Cosmetics maker Estée Lauder takes a hit on its quarterly earnings. Charlotte Gartenberg reports.

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Chinese Developer Evergrande Files for Bankruptcy in U.S.

Fri, 18 Aug 2023 10:49:00 -0000

Plus: Donald Trump’s legal team seeks an April 2026 trial date in the federal Jan. 6 election case. Maui’s emergency-management chief resigns following the island’s deadly wildfires. Keith Collins hosts.

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Bond Blow-Out Sends U.S. Stocks Lower Again

Thu, 17 Aug 2023 20:49:00 -0000

Plus: Walmart shares drop as lower sales of apparel and sporting goods sales eat into profits. Hawaiian Electric shares tumble another 15% as the utility meets with restructuring firms to address its legal and financial troubles. J.R. Whalen reports.

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Blue Shield to Drop CVS Caremark

Thu, 17 Aug 2023 16:45:00 -0000

Plus: The Biden administration plans new tariffs on food-can metals. And Walmart raises its outlook after grocery-driven profit and sales growth. Danny Lewis reports.

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U.S., South Korea, Japan to Unite at Camp David Summit

Thu, 17 Aug 2023 10:39:00 -0000

Hawaiian Electric is exploring options to address financial and legal challenges linked to the Maui wildfires. Paramount Global drops plans to sell a stake in a majority stake in BET Media Group. Keith Collins hosts.

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Inflation, Bond-Yield Concerns Push U.S. Stocks Lower

Wed, 16 Aug 2023 20:54:00 -0000

Also: Target shares rose 3% after earnings came in better than Wall Street expected. U.S. Steel shares closed up 1.4% after ArcelorMittal made an offer for the company. J.R. Whalen reports.

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Target Sales Hit by Pride Month Backlash

Wed, 16 Aug 2023 16:19:00 -0000

Plus: President Biden will head to Hawaii to survey wildfire damage. And North Korea makes its first public comments about detained U.S. soldier Travis King. Alex Ossola reports.

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Intel Scraps Tower Acquisition After China Fails to Approve Deal

Wed, 16 Aug 2023 10:19:00 -0000

In Hawaii’s Maui, many fear that the wildfire death toll will include a significant number of children. U.K. inflation slowed last month, though core consumer prices held steady. Keith Collins hosts.

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Investors Spooked by Wild Swing in Bond Yields

Tue, 15 Aug 2023 20:31:00 -0000

Plus: Shares of Hawaiian Electric Utilities are down about 50% over fears it could be held liable for the wildfires in Maui. Investments by Warren Buffett’s Berkshire Hathaway drive homebuilders’ shares higher. J.R. Whalen reports.

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Russia Raises Interest Rates in Response to Economic Turmoil

Tue, 15 Aug 2023 16:36:00 -0000

Plus: U.S. retail spending increased in July. Crypto custodian Prime Trust files for bankruptcy protection. Ariana Aspuru reports.

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Donald Trump Indicted in Georgia Over Effort to Undo Election

Tue, 15 Aug 2023 10:33:00 -0000

China stops releasing youth unemployment data as its central bank slashes rates in a bid to bolster the economy. Japan posts another quarter of strong growth, beating the U.S. and China. Keith Collins hosts.

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Nvidia Shares Climb 7%

Mon, 14 Aug 2023 20:55:00 -0000

The Nasdaq’s tech sector was boosted in part by lower Treasury bond yields. Tesla shares fell 1.2% after the company lowered prices for some of its vehicles in China. PayPal names Intuit executive Alex Chriss as next CEO. J.R. Whalen reports.

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U.S. Homelessness Up 11% This Year, a Record Increase

Mon, 14 Aug 2023 16:33:00 -0000

Plus: Russia’s currency hits its weakest level since the early days of the Kremlin’s war on Ukraine. Kim Jong Un calls for increase in weapons production ahead of military drills by the U.S. and South Korea. Pierre Bienaimé reports.

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Hawaii Wildfire Death Toll Rises to 96 as Questions Hang Over Response

Mon, 14 Aug 2023 10:39:00 -0000

Hunter Biden’s legal team claims that prosecutors reneged on a plea deal. A far-right outsider scores a surprise win in Argentina’s presidential primary. Keith Collins hosts.

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FTX’s Sam Bankman-Fried Sent to Jail After Judge Revokes Bail

Fri, 11 Aug 2023 20:02:00 -0000

Plus: Inflation concerns lead to mixed day for U.S. stocks. UBS shares climb after the Swiss bank said it doesn’t need billions of dollars in relief for its takeover of Credit Suisse. Nvidia shares suffer fourth straight daily decline. J.R. Whalen reports.

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Chinese Property Developer Expects Worst Loss in 16 Years

Fri, 11 Aug 2023 16:06:00 -0000

Country Garden Holdings, China’s largest surviving property developer, is trying to avoid the same fate as defaulted rivals such as China Evergrande. Supreme Court blocks Purdue Pharma’s $6 billion settlement of opioid lawsuits against its Sackler family owners. And Amazon looks to go box-free on its deliveries. Charlotte Gartenberg reports.

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Hawaii’s Maui Wildfire Death Toll Rises to at Least 55

Fri, 11 Aug 2023 10:06:00 -0000

Swiss bank UBS says it no longer needs government assistance related to its rescue of rival Credit Suisse. Self-driving car companies Cruise and Waymo get approval to expand in San Francisco. Keith Collins hosts.

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U.S. Stocks Give Up Rally Over Interest-Rate Concerns

Thu, 10 Aug 2023 21:14:00 -0000

Plus: Walt Disney shares jump on planned price increases for Disney+. Versace owner Capri surges on Tapestry takeover. Mortgage rates hover near 7%. J.R. Whalen reports.

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Inflation Ticked Back Up in July

Thu, 10 Aug 2023 16:00:00 -0000

Plus: Amazon phases out dozens of house brands. And Ecuador declares a state of emergency following yesterday’s killing of a presidential candidate. Alex Ossola reports.

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Hawaii Wildfires Leave at Least 36 Dead

Thu, 10 Aug 2023 10:23:00 -0000

Ecuadorian presidential candidate Fernando Villavicencio has been assassinated. Coach owner Tapestry is in talks to buy Capri, home to the Versace and Michael Kors brands. Keith Collins hosts.

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Disney Says Revenue Rose 3.8%

Wed, 09 Aug 2023 20:56:00 -0000

Also: Tesla shares fell 3%, its fourth consecutive decline. WeWork shares fell 39% after the company expressed doubt about its ability to survive. J.R. Whalen reports.

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U.S., Saudi Arabia Agree on Path to Normalize Israel Ties

Wed, 09 Aug 2023 16:16:00 -0000

New York state will debut its first cybersecurity strategy. Plus, India’s Parliament passes a new data-protection bill. Alex Ossola reports.

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U.S. to Ban Critical Tech Investments in China

Wed, 09 Aug 2023 10:29:00 -0000

Chinese consumer price data fell for the first time in two years as the country slips into deflation. And, WeWork is raising doubts about its ability to keep the lights on. Kate Bullivant hosts.

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Dow Falls Roughly 400 Points Before Recovering

Tue, 08 Aug 2023 20:31:00 -0000

Also: Eli Lilly shares rose to a new record high after the drugmaker said sales for its Mounjaro diabetes drug rose sharply. J.R. Whalen reports.

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Dow Falls After Regional Banks Downgrades

Tue, 08 Aug 2023 16:59:00 -0000

Plus: Weight-loss drug Wegovy is shown to have heart-health benefits according to a new study. Ohio votes on Issue 1, an abortion-rights proxy. Ariana Aspuru hosts.

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Chinese Exports Fall at Steepest Pace Since February 2020

Tue, 08 Aug 2023 10:33:00 -0000

Japanese investment giant SoftBank reports another quarterly net loss even as its Vision Fund returns to profitability. Credit rater Moody’s sounds a note of caution on the U.S. banking industry, downgrading some regional lenders. Keith Collins hosts.

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Berkshire Hathaway Shares Hit All-Time High

Mon, 07 Aug 2023 20:46:00 -0000

Also: Apple shares fell for the fifth straight day. Tyson Foods shares fell 3.8% after the company announced more meat-processing plant closures. J.R. Whalen reports.

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Tesla CFO, Once Discussed As Possible CEO, Steps Down

Mon, 07 Aug 2023 16:34:00 -0000

Saudi Aramco reports 38% profit slide. Campbell Soup to acquire Rao's parent Sovos Brands. Pierre Bienaimé hosts.

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Trucking Giant Yellow Files for Bankruptcy

Mon, 07 Aug 2023 10:04:00 -0000

Russia and China sent a large naval patrol near Alaska. “Barbie” tops $1 billion at the global box office. Keith Collins hosts.

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Amazon Shares Add 8.3% After Strong Earnings Report

Fri, 04 Aug 2023 19:59:00 -0000

Also: Shares of Apple fell 4.8% a day after reporting a third-straight quarter of declining revenue. Cybersecurity company Fortinet shares fell 25% after executives said some customers have delayed orders over economic uncertainty. J.R. Whalen reports.

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U.S. Added 187,000 Jobs in July, Employers Slowed Pace of Hiring

Fri, 04 Aug 2023 15:58:00 -0000

Also, Icahn Enterprises slashes its dividend in half after activist pressure. And Ukrainian naval drones strike one of Russia’s largest ports, disrupting grain export in Black Sea. Charlotte Gartenberg hosts.

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Appeals Court Allows Biden Asylum Policy to Stay in Place for Now

Fri, 04 Aug 2023 10:35:00 -0000

Two U.S. Navy sailors are accused of spying for China. The United Auto Workers union demands a 40% pay hike in labor talks with automakers. Keith Collins hosts.

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Apple Reports Third Straight Quarterly Revenue Decline

Thu, 03 Aug 2023 20:08:00 -0000

U.S. stocks declined largely due to rises in Treasury yields. Also: Amazon posted its strongest quarterly profit in more than a year. J.R. Whalen reports.

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The Bank of England Raises Key Interest Rate

Thu, 03 Aug 2023 16:38:00 -0000

But the central bank is also signaling it may be in the final stages of its fight against inflation. Less than 10% of Meta’s Ray-Ban smart glasses purchased are used monthly. And the scorching heat and Wall Street are driving up gas prices. Danny Lewis hosts.

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U.S. State Department Orders Partial Evacuation of Employees in Niger

Thu, 03 Aug 2023 10:02:00 -0000

Former President Donald Trump is expected to appear in a Washington federal courthouse to be arraigned in a case involving his efforts to overturn the 2020 election result. The maker of Bud Light says U.S. sales and profit plunged after consumers abandoned the beer brand following a marketing collaboration with a transgender influencer. Keith Collins hosts.

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U.S. Stocks Fall Sharply After Credit Downgrade

Wed, 02 Aug 2023 20:49:00 -0000

Also: CVS shares rose 3.3% after the healthcare company reported higher sales. Advanced Micro Devices shares fell 7%, Nvidia shares were down 4.8%. J.R. Whalen reports.

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PG&E Scraps Multibillion-Dollar Fire Prevention Program

Wed, 02 Aug 2023 16:22:00 -0000

The California utility will rely on power line settings instead of trimming trees. Also: a delay on new crypto regulations puts billions of dollars in tax revenue at risk. And CVS’s earnings rose more than 10 percent last quarter. Danny Lewis hosts.

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Stock Markets Lower as Fitch Downgrades U.S. Credit Rating

Wed, 02 Aug 2023 10:21:00 -0000

Latest Donald Trump indictment charges him with four crimes in connection to his efforts to reverse the outcome of the 2020 election. And Binance remains active in China despite the country banning cryptocurrencies in 2021. Kate Bullivant hosts.

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Starbucks Reports Q2 Revenue Rose 12.5%

Tue, 01 Aug 2023 20:11:00 -0000

U.S. stocks finish mixed. Also: Caterpillar shares rose 9% after reporting sharply higher revenue. Tupperware shares rose 26% despite the company having said it could miss interest payments. J.R. Whalen reports.

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Uber Posts First-Ever Operating Profit

Tue, 01 Aug 2023 16:44:00 -0000

U.S. jobs market shows signs of cooling. Foreign purchases of U.S. homes slump to all-time low. Elon Musk’s X Corp. sues a nonprofit research group. Ariana Aspuru reports.

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BlackRock, MSCI Face Congressional Probes for Facilitating China Investments

Tue, 01 Aug 2023 10:32:00 -0000

Super PACs backing presidential hopefuls Donald Trump and Ron DeSantis top the field of those groups reporting fundraising data to the federal government. CVS Health is cutting 5,000 jobs in an effort to reduce costs. Keith Collins hosts.

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Dow, Regional Banks End July Higher

Mon, 31 Jul 2023 21:27:00 -0000

The KBW Nasdaq Regional Banking Index rose 18% in July. Shares of ON Semiconductor rose 2.5% after reporting strong financial results. J.R. Whalen reports.

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Trump’s Effort to Halt Election Interference Investigation Rejected

Mon, 31 Jul 2023 16:16:00 -0000

Also: White House panel says the FBI’s access to a controversial intelligence database should be curtailed. California regulators plan to examine the volume of data collected by smart vehicles. J.R. Whalen reports.

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China’s Economy Shows Further Signs of Slowing Growth

Mon, 31 Jul 2023 10:25:00 -0000

Donald Trump’s political committee has spent more than $40 million on legal fees this year. U.S. trucking giant Yellow shuts down operations. Keith Collins hosts.

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U.S. Stocks Rise on Positive Earnings Reports

Fri, 28 Jul 2023 20:29:00 -0000

FactSet says 80% of companies that have reported earnings this quarter have beaten expectations. Procter & Gamble shares rose 2.8% after the company said consumers continue to pay higher prices for household staples. J.R. Whalen reports.

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Wage Growth and Inflation Ease as Fed Mulls Next Steps

Fri, 28 Jul 2023 16:25:00 -0000

U.S. Labor Department report shows signs of cooling inflation from the second quarter. The Bank of England taps former Fed chair Ben Bernanke to review its inflation estimates. Internal Meta emails say the company bowed to pressure from Washington to remove posts claiming COVID-19 was man-made. And Biogen agrees to buy Reata Pharmaceuticals for $7.3 billion. Danny Lewis reports.

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Trump Indicted on More Charges in Mar-a-Lago Documents Probe

Fri, 28 Jul 2023 09:43:00 -0000

Europe avoids China’s Belt and Road Forum, keeping a distance from Xi and Putin. And the Bank of Japan hints it will accept higher rates, lifting bond yields. Keith Collins hosts.

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Dow Falls More Than 200 Points, Snapping 13-Day Winning Streak

Thu, 27 Jul 2023 20:35:00 -0000

Netflix and Microsoft shares each fell more than 2%. Ford shares rose 2% after hours on strong quarterly earnings. J.R. Whalen reports.

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The U.S. Economy Strengthened Despite Interest Rate Hikes

Thu, 27 Jul 2023 16:16:00 -0000

GDP grew 2.4 percent last quarter. Europe raises interest rates again, but signals it may pause future hikes. U.S. regulators may make big banks bolster their finances. And Bud Light’s brewers lay off hundreds of office workers. Danny Lewis reports.

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Mitch McConnell Says He Is OK After Appearing Unwell at News Conference

Thu, 27 Jul 2023 10:41:00 -0000

Netflix is reworking its advertising partnership with Microsoft and lowering ad prices. Volkswagen cuts its delivery targets for the year. Keith Collins hosts.

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Fed Raises Interest Rates to Highest Level in 22 Years

Wed, 26 Jul 2023 21:11:00 -0000

Also: Boeing shares rose 8.7% after the company reported rising jetliner orders and deliveries. After the bell, shares of Facebook parent Meta rose about 4% after earnings and revenue came in better-than-expected. J.R. Whalen reports.

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Israel’s Supreme Court Will Hear Challenge to Judicial Overhaul

Wed, 26 Jul 2023 15:42:00 -0000

Major automakers plan a joint investment to build thousands of EV chargers in the U.S. Plus, Rudy Giuliani won’t contest defamation claims in Georgia elections case. Alex Ossola reports.

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Pratt & Whitney Engines on Hundreds of Airbus Jets Recalled for Inspection

Wed, 26 Jul 2023 10:43:00 -0000

Elon Musk’s ‘X’ is cutting ad prices in an effort to woo brands back to the platform. And, Meta’s Threads is not labeling propaganda accounts from Russia and China state media. Kate Bullivant hosts.

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Alphabet Says Revenue Rose 7% Over Last Year

Tue, 25 Jul 2023 20:37:00 -0000

Also: GE shares rose 6% after the company reported strong demand for its jet engines. WSJ reports Banc of California is in advanced talks to buy PacWest. J.R. Whalen reports.

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U.S. Drone Damaged by Russian Jet Fighter

Tue, 25 Jul 2023 16:10:00 -0000

TikTok is launching an e-commerce business in the U.S. early next month. U.S. home prices fell in May for the second straight month. Ariana Aspuru reports.

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Chinese Developers Jump After Beijing Signals Support for Property Sector

Tue, 25 Jul 2023 10:07:00 -0000

A Senate panel probes private-equity billionaire Leon Black’s’ financial ties to Jeffrey Epstein. The FDIC scolds banks over manipulation of uninsured-deposit numbers. Keith Collins hosts.

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Gas Prices Could Rise 5 to 10 Cents a Gallon This Week

Mon, 24 Jul 2023 20:28:00 -0000

Dow notched its 11th straight gain. Plus: Bank stocks continued last week’s rally. Mattel shares rose 1.8% following the box-office success of “Barbie.” J.R. Whalen reports.

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Russia, Ukraine Airstrikes Escalate

Mon, 24 Jul 2023 15:46:00 -0000

Plus, the Biden administration is taking steps to secure Beijing’s cooperation in fighting the fentanyl crisis. U.N. officials have begun talking to North Korea about a U.S. soldier who voluntarily crossed into the country last week. J.R. Whalen reports.

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Israel’s Netanyahu Proceeds With Judicial-Overhaul Vote as Protests Intensify

Mon, 24 Jul 2023 10:24:00 -0000

Twitter owner Elon Musk teases a new ‘X’ logo for the social-media platform. The debut of ‘Barbenheimer’ helps to deliver a blowout weekend for the U.S. box office. Keith Collins hosts.

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Spotify Plans $1 Price Increase for U.S. Ad-Free Subscriptions

Fri, 21 Jul 2023 20:33:00 -0000

Shares of Spotify fell 0.4%. Dow posts tenth straight daily gain. Also: Tesla shares fell 1.1%. U.S. oil prices have risen about 11% over the past four weeks. J.R. Whalen reports.

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Judge Sets Trump’s Documents Trial for May 2024

Fri, 21 Jul 2023 16:08:00 -0000

Also, the FTC says it’s pausing its effort to block the Microsoft-Activision deal. New Jersey sues the federal government over New York’s congestion pricing. And singer Tony Bennet dies at 96. Charlotte Gartenberg hosts.

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White House Says Google, Meta, Amazon, Microsoft Agree to AI Safeguards

Fri, 21 Jul 2023 10:18:00 -0000

Ukraine is expected to seize a Russian-controlled bank in an effort to curb Moscow’s influence. And the U.S. Justice Department revamps its cryptocurrency enforcement team. Keith Collins hosts.

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Tesla, Netflix Pull Nasdaq 2% Lower

Thu, 20 Jul 2023 20:26:00 -0000

Dow notched its ninth consecutive daily gain. Also: Johnson & Johnson shares were up 6% after posting strong quarterly earnings. Fifth Third and Keycorp shares rose after the regional banks reported higher deposits. J.R. Whalen reports.

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Home Sales Fall as Mortgage Rates Stay High

Thu, 20 Jul 2023 16:30:00 -0000

Plus: The House approves FAA bill to target an airline labor crunch. Iraq expels the Swedish ambassador amid protests. Ariana Aspuru reports.

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Foreign Firms Are the Biggest Winners From America’s Climate Law

Thu, 20 Jul 2023 10:13:00 -0000

Auto theft in U.S. cities soared during the first half of the year. Activist investor Elliott takes a big stake in drugmaker Catalent. Keith Collins hosts.

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Tesla Reports Profit Jumped 20%

Wed, 19 Jul 2023 20:57:00 -0000

U.S. stocks rise. Also: Netflix added nearly 6 million new subscribers in the latest quarter. J.R. Whalen reports.

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Goldman Sachs Profit Drops 58%

Wed, 19 Jul 2023 16:14:00 -0000

Russian President Vladimir Putin won’t attend a summit in South Africa. Plus, Netflix has stopped offering its cheapest ad-free plan to new customers. Alex Ossola reports.

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Microsoft and Activision Blizzard Work Towards Merger Despite Setbacks

Wed, 19 Jul 2023 10:35:00 -0000

U.S. antitrust authorities issue new guidelines spelling out how the U.S. will police proposed mergers. And, more than 8,000 authors have asked leading tech companies to not use their work to train AI systems without permission or compensation. Kate Bullivant hosts.

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Dow Hits New 52-Week High

Tue, 18 Jul 2023 20:46:00 -0000

U.S. stocks rose in part due to upbeat bank earnings. Also: Microsoft shares rose 4%. The company will release a new version of Meta Platforms’ artificial-intelligence language model, making the software available to companies for the first time. J.R. Whalen reports.

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Trump Says He Is Target of Criminal Probe in Jan. 6 Case

Tue, 18 Jul 2023 16:11:00 -0000

The former president says federal prosecutors informed his legal team that he is a target of their investigation. Plus: WSJ exclusively reports that 800,000 barrels of seized Iranian oil are sitting in limbo off the Texas coast. And Morgan Stanley profits fall, while Bank of America profits grow in quarterly earnings. Danny Lewis hosts.

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Ukraine Adopts Slow Approach to Counteroffensive After Equipment Losses

Tue, 18 Jul 2023 10:09:00 -0000

Georgia Supreme Court denies Donald Trump's motion to block election-interference investigation. And Tesla outlines plans for the largest auto factory in Germany. Keith Collins hosts.

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Ford Shares Slide After F-150 Lightning Price Cut

Mon, 17 Jul 2023 20:22:00 -0000

U.S. stocks finished the day higher. Also: Tesla shares rose 3.2% following the rollout of its first cybertruck. AT&T shares closed at the lowest level since March of 1993. J.R. Whalen reports.

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Record Heat in China as U.S. Climate Envoy Arrives to Restart Talks

Mon, 17 Jul 2023 16:41:00 -0000

Russia seizes Western assets of two consumer-goods giants. Ford cuts prices of its electric F-150 Lightning pickup, in sign that demand for the technology is easing. Pierre Bienaimé hosts.

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Chinese Economy Loses Momentum

Mon, 17 Jul 2023 10:12:00 -0000

U.S. pay raises are finally beating inflation after two years of falling behind. And a bridge between Russia and Crimea was damaged in an overnight strike. Mohsin Ali hosts.

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Bank Earnings Highlight Mixed Day for U.S. Stocks

Fri, 14 Jul 2023 20:15:00 -0000

Also: UnitedHealth Group shares rose 7.2% after raising earnings projections. AT&T shares fell more than 4% to the stock’s lowest level in nearly 30 years. J.R. Whalen reports.

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JPMorgan Chase Profit Jumps 67%

Fri, 14 Jul 2023 16:38:00 -0000

Plus: The House passes a defense-policy bill with abortion and transgender provisions. And former Fox News host Tucker Carlson is starting a new media company. Alex Ossola reports.

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Ripple Ruling Deals a Blow to SEC’s Effort to Regulate Crypto

Fri, 14 Jul 2023 10:33:00 -0000

The Republican-controlled House threatens to derail an annual defense-policy bill over transgender and abortion rights. And the Pentagon’s top general, Mark Milley, calls for faster weapons sales to Taiwan. Mohsin Ali hosts.

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U.S. Stocks Climb as Inflation Concerns Ease

Thu, 13 Jul 2023 20:20:00 -0000

Alphabet shares rose 4.4% after saying it will add more languages to its Bard AI chatbot. Shares of Progressive fell 13% after the insurer reported earnings below Wall Street expectations. J.R. Whalen reports.

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OpenAI’s ChatGPT Under Investigation by FTC

Thu, 13 Jul 2023 17:19:00 -0000

Plus: The first over-the-counter birth-control pill is approved by the FDA. Crypto lender Celsius Network CEO Alex Mashinsky is arrested. Ariana Aspuru reports.

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Hollywood Actors Set to Join Writers on Strike

Thu, 13 Jul 2023 10:36:00 -0000

Elon Musk wades into artificial intelligence with the launch of xAI to rival ChatGPT and Google’s Bard. And, the FTC appeals a ruling allowing Microsoft to close its $75 billion acquisition of Activision Blizzard. Luke Vargas hosts.

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U.S. Stocks Rise on Inflation Decline

Wed, 12 Jul 2023 20:35:00 -0000

Also, Domino’s Pizza shares rose 11% after the company said it will list its menu on Uber’s Eats and Postmates apps in 28 markets. Recursion Pharmaceuticals shares rose 78% after the company said Nvidia is investing $50 million in its drug-discovery companies. J.R. Whalen reports.

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Inflation Eased to 3% in June, Fed Still Likely to Raise Rates

Wed, 12 Jul 2023 16:06:00 -0000

U.S. inflation eased to its slowest pace in more than two years. Plus, Iowa lawmakers passed a ban on most abortions after six weeks of pregnancy. And, Domino’s Pizza will soon come to Uber Apps for the first time. Charlotte Gartenberg hosts.

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U.S. Government Emails Hacked in Suspected Chinese Espionage Campaign

Wed, 12 Jul 2023 10:40:00 -0000

North Korea test-launches a suspected long-range missile. U.S. lawmakers demand telecom companies act on toxic lead cables after a WSJ investigation. Keith Collins hosts.

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U.S. Stocks Rise Ahead of Inflation Report

Tue, 11 Jul 2023 20:32:00 -0000

Activision Blizzard shares rose 10% after a federal judge approved Microsoft’s $75 billion purchase of the company. Salesforce shares rose 3.9% after the company said it would raise its prices. J.R. Whalen reports.

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Federal Judge OKs Microsoft’s $75 Billion Buy of Activision Blizzard

Tue, 11 Jul 2023 16:23:00 -0000

The ruling is a blow to the Biden administration’s efforts to rein in big mergers. Plus, Bank of America is ordered to pay $250 million over wrongful fees and fake accounts. And a Sam Altman-backed nuclear power startup is going public through his SPAC. Danny Lewis hosts.

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Donald Trump Asks Court to Delay Trial in Classified-Documents Case

Tue, 11 Jul 2023 10:27:00 -0000

The fast rise of Mark Zuckerberg’s Threads appears to be hurting Elon Musk’s Twitter. Amazon’s annual Prime Day sales event this week is expected to offer a gauge of consumer demand. Keith Collins hosts.

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Threads Sign-ups Push Meta Shares Higher

Mon, 10 Jul 2023 21:04:00 -0000

Also: Rivian Automotive shares rose 3.3%. Bitcoin rose to around $30,800 and is up about 20% since mid-June. J.R. Whalen reports.

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EU Approves Data-Transfer Deal With U.S. in Win for Thousands of Companies

Mon, 10 Jul 2023 16:28:00 -0000

Plus: Wagner leader met with Vladimir Putin days after rebellion. Fed regulatory chief says bigger banks will need more financial cushion. Pierre Bienaimé reports.

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China’s Rebound Loses More Steam, Stoking Deflation Worries

Mon, 10 Jul 2023 10:43:00 -0000

President Biden kicks off a European trip with planned meetings with U.K. Prime Minister Rishi Sunak and King Charles III. Activist investor Carl Icahn gets some breathing room from lenders following a short-seller attack. Keith Collins hosts.

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U.S. Stocks Decline on Jobs, Wages Data

Fri, 07 Jul 2023 19:37:00 -0000

Also, global oil prices rose to their highest level since May. Rivian added another 14% after the electric vehicle maker reported strong quarterly deliveries figures. J.R. Whalen reports.

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Jobs Report Shows June Hiring Cooled Slightly and Wages Rose

Fri, 07 Jul 2023 16:16:00 -0000

Also, lawyers representing Dow Jones, the publisher of The Wall Street Journal, ask a United Nations human-rights official to press Russia for Evan Gershkovich’s release. And Chinese fin-tech company Ant Group slapped with a nearly $1 billion fine. Charlotte Gartenberg hosts.

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Janet Yellen Says the U.S. Doesn’t Seek ‘Winner Take All’ Fight With China

Fri, 07 Jul 2023 10:49:00 -0000

The launch of Instagram parent Meta’s Threads microblogging app draws accusations from Elon Musk’s Twitter over possible use of its trade secrets. Chip giant Samsung projects a sharp drop in quarterly operating profit as an AI-driven bump in memory-chip growth hasn’t overcome a broad tech slump. Keith Collins hosts.

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U.S. Stocks Fall, Bond Yields Rise on Jobs Numbers

Thu, 06 Jul 2023 21:05:00 -0000

Bank stocks fell as bond yields rose. Mortgage rates rose to an average 6.81%. J.R. Whalen reports.

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Ukraine Nears Nuclear Deal With Bulgaria

Thu, 06 Jul 2023 16:46:00 -0000

An agreement to sell nuclear reactors to Ukraine would be a blow to Russia. Plus: Lazard fires top banker accused of harassment. And several delivery apps sue New York City over new minimum wage law. Danny Lewis hosts.

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Wagner Group’s Prigozhin Is Back in Russia, Belarus Leader Says

Thu, 06 Jul 2023 10:40:00 -0000

Global temperatures this year rose to their hottest June on record. Mark Zuckerberg’s Meta is taking on Elon Musk’s Twitter. Keith Collins hosts.

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U.S. Stocks Decline on China, Federal Reserve News

Wed, 05 Jul 2023 20:55:00 -0000

Also: UPS shares fell 2% after it and the International Brotherhood of Teamsters said labor contract negotiations have stalled. Rivian Automotive shares rose more than 4% after Amazon took delivery of its first Rivian electric-vehicle vans in Europe. J.R. Whalen reports.

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Nikola’s Electric-Truck Deliveries Rise as Production Falls

Wed, 05 Jul 2023 17:09:00 -0000

Plus: New York City’s new law regulates AI used in hiring tools. And El Paso Walmart gunman is set to be sentenced. Alex Ossola reports.

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Judge Orders Biden Officials to Limit Contact With Social-Media Companies

Wed, 05 Jul 2023 10:38:00 -0000

The Biden administration is preparing to restrict Chinese companies from accessing U.S. cloud-computing services. Israeli troops have withdrawn from the Jenin refugee camp in the occupied West Bank. Kate Bullivant reports.

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U.S. Stocks Open the Week Higher

Mon, 03 Jul 2023 18:07:00 -0000

Also: Tesla shares rose 6.9% after the electric carmaker reported better-than-expected quarterly deliveries. Coinbase shares rose 11.7% after Cboe Global Markets refiled applications for spot bitcoin ETFs. J.R. Whalen reports.

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Israel Launches Biggest Attack on West Bank in Decades

Mon, 03 Jul 2023 16:16:00 -0000

Plus: American consumers expect inflation to fall in the years ahead. U.S. ambassador to Russia granted access to jailed Wall Street Journal reporter Evan Gershkovich for second time. Pierre Bienaimé reports.

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United Airlines Moves to Avoid More Holiday Travel Disruptions

Mon, 03 Jul 2023 10:18:00 -0000

Plus: Tesla reports a surge in global deliveries, helped by price cuts and discounts. And Treasury Secretary Janet Yellen is heading to China amid tensions between Washington and Beijing. Kate Bullivant reports.

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Apple Reaches $3 Trillion in Valuation

Fri, 30 Jun 2023 20:46:00 -0000

All 11 S&P 500 sectors notched monthly gains for the month since November of 2022. Nvidia shares rose 3.6%. J.R. Whalen reports.

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Supreme Court Ends Biden Student-Loan Forgiveness Plan

Fri, 30 Jun 2023 16:05:00 -0000

Plus: Supreme Court also rules web designer can refuse work on same-sex wedding announcements. And in France, riots escalate as President Emmanuel Macron struggles to respond. Charlotte Gartenberg hosts.

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China Delivers More Disappointing Economic Data

Fri, 30 Jun 2023 10:19:00 -0000

U.S. officials say a revised law in China raises risks for American companies doing business there. Silicon Valley Bank’s Cayman Islands customers win a court ruling after having their deposits wiped out when the lender collapsed. Keith Collins hosts.

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Bank Stocks Rally After Fed’s Positive Comments

Thu, 29 Jun 2023 20:57:00 -0000

Wells Fargo rose 4.3% and Goldman Sachs was up 3%. Overstock.com shares rose about 20% after acquiring some intellectual-property assets of Bed Bath & Beyond. J.R. Whalen reports.

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Supreme Court Strikes Down Affirmative Action at Colleges

Thu, 29 Jun 2023 16:17:00 -0000

Plus: Justices also expand religious accommodations in the workplace. And investigators look into Texas Attorney General Ken Paxton’s property-buying spree. Ariana Aspuru reports.

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Downed Chinese Balloon Used U.S.-Made Gear to Collect Information

Thu, 29 Jun 2023 10:00:00 -0000

Israeli Prime Minister Benjamin Netanyahu revives his judicial-overhaul plan without its most contentious element. Women interviewing for Bill Gates’s private office were asked sexually explicit questions. Keith Collins hosts.

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Tesla Leads Nasdaq Higher

Wed, 28 Jun 2023 19:49:00 -0000

Investors are awaiting Tesla’s second-quarter deliveries figures due this weekend. Apple shares closed at a new record high as the company approached $3 trillion in market cap. J.R. Whalen reports.

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Wagner Chief Intended to Capture Russian Military Leaders in Mutiny

Wed, 28 Jun 2023 16:53:00 -0000

Plus: Daniel Penny pleads not guilty to charges of second-degree manslaughter and criminally negligent homicide. And riots erupt in Paris after police kill a teenager during a traffic stop. Alex Ossola reports.

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Biden Administration Considers New AI Chip Restrictions

Wed, 28 Jun 2023 10:11:00 -0000

Natural gas is starting the summer at less than half the price it was a year ago. And, failed crypto company FTX is moving ahead with efforts to revive its international cryptocurrency exchange. Kate Bullivant hosts.

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U.S. Stocks Post Strong Gains on Upbeat Economic Data

Tue, 27 Jun 2023 20:49:00 -0000

Plus: Delta shares jump after the airline projects higher profit margins. Walgreens shares fall after the drugstore chain lowers its financial outlook. J.R. Whalen reports.

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Ford Plans to Cut 1,000 Jobs in Latest Round of Layoffs

Tue, 27 Jun 2023 16:35:00 -0000

Plus: the Supreme Court rules that legislatures must abide by state constitutions when drawing districts for federal elections. And a Justice Department watchdog finds chronic problems in the federal prison system contributed to Jeffrey Epstein’s suicide. Danny Lewis reports.

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Russia Says Wagner Preparing to Hand Over Heavy Weapons

Tue, 27 Jun 2023 10:18:00 -0000

Airlines canceled or delayed thousands of U.S. flights as storms snarled travel along the East Coast. Electric-truck maker Lordstown Motors files for bankruptcy and sues investment partner Foxconn. Keith Collins hosts.

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Big Tech Losses Lead Nasdaq Lower

Mon, 26 Jun 2023 19:53:00 -0000

Also: Tesla shares fell 6% after Goldman Sachs downgraded the stock. Carnival shares fell 7.6% after reporting lower quarterly earnings. J.R. Whalen reports.

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Ukraine Makes Gains as Russia Grapples With Wagner’s Aborted Mutiny

Mon, 26 Jun 2023 16:34:00 -0000

Plus: The Supreme Court denies Apple and Broadcom’s appeal in billion-dollar patent case. Healthcare-services provider Amedisys agrees to a nearly $3.29 billion takeover by a UnitedHealth Group subsidiary. Shooter at LGBT nightclub pleads guilty. Pierre Bienaimé reports.

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After Wagner’s Aborted Mutiny in Russia, Questions Remain

Mon, 26 Jun 2023 10:22:00 -0000

China is trying to size up the U.S.’s interest in the next Taiwanese presidential election. Stock traders are betting that the current rally is just getting started. Keith Collins hosts.

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U.S. Stocks Fall Amid Concerns of Global Recession

Fri, 23 Jun 2023 21:23:00 -0000

Rising interest rates overseas ended weeks-long winning streaks for all three major indexes. CarMax shares rose after the used-car retailer reported higher-than-expected earnings. And 3M stocks rose slightly after settling a $12.5 billion lawsuit over contaminated drinking water. Danny Lewis reports.

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Biden Immigration Deportation Policy Upheld by Supreme Court

Fri, 23 Jun 2023 16:56:00 -0000

The ruling affirms the White House’s ability to set law-enforcement priorities. Plus: Transportation Secretary Pete Buttigieg says 5G upgrades could lead to flight delays during the summer travel season. And Treasury Secretary Janet Yellen is expecting more bank mergers this year. Danny Lewis reports.

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Titanic-Bound Submersible’s Implosion Draws International Probe

Fri, 23 Jun 2023 10:43:00 -0000

The U.S. Navy, thanks to a top secret acoustic detection system, heard what it suspected was the implosion days ago. A European Union regulator says Twitter is showing a willingness to comply with the the bloc’s new digital-content law. Ford is preparing for another round of layoffs in the coming weeks. Keith Collins hosts.

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Big Tech Stocks Drive Nasdaq Higher

Thu, 22 Jun 2023 20:45:00 -0000

Microsoft and Apple each up more than 1.5%. Overstock.com rose 17% after successfully bidding for Bed Bath & Beyond’s assets. J.R. Whalen reports.

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Ford EV Battery Venture Gets Record Federal Loan

Thu, 22 Jun 2023 16:35:00 -0000

Plus: U.S. home prices post biggest decline in 11 years. Former Texas congressman Will Hurd joins the 2024 Republican presidential nomination race. Ariana Aspuru reports.

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Ukraine Strikes Bridge Critical to Supplying Russia’s Troops

Thu, 22 Jun 2023 11:24:00 -0000

The U.S. Navy sends a salvage system to join the search for a missing submersible in the North Atlantic. A judge is set to hear arguments in the Federal Trade Commission’s lawsuit aimed at blocking Microsoft from buying Activision Blizzard. Keith Collins hosts.

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Big Tech Shares Lead U.S. Stocks Lower

Wed, 21 Jun 2023 21:02:00 -0000

Microsoft shares fell 1.3% and Tesla shares finished down more than 5%. FedEx shares fell 2.5% a day after posting its third straight quarterly revenue decline. J.R. Whalen reports.

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Powell Signals More Interest-Rate Hikes Are On the Way

Wed, 21 Jun 2023 16:32:00 -0000

Plus: China lashes out at U.S. after President Biden calls China a dictatorship. FTC accuses Amazon of duping customers into subscribing to its Prime subscription service. Alex Ossola reports.

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Titanic Submersible Searchers Investigate Underwater Noises

Wed, 21 Jun 2023 10:27:00 -0000

The U.S. tracked Huawei and ZTE workers at suspected Chinese eavesdropping facilities in Cuba. Google Cloud bets on the power of artificial intelligence with a new anti-money-laundering tool. Keith Collins hosts.

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U.S. Stocks Close Lower Over China Concerns

Tue, 20 Jun 2023 20:42:00 -0000

Also: Several homebuilder stocks rose after data showed unexpectedly strong housing starts in May. Bitcoin touched $28,000 for the first time since last month. J.R. Whalen reports.

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Hunter Biden to Plead Guilty to Federal Tax Charges

Tue, 20 Jun 2023 16:15:00 -0000

Plus: Ozempic manufacturer Novo Nordisk sues spas and clinics for selling custom versions of its drugs. And French authorities raid the headquarters of the Paris 2024 Olympics organizing committee. Danny Lewis reports.

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China Plans Joint Military Training Facility in Cuba

Tue, 20 Jun 2023 11:18:00 -0000

The European Union is set to release a new strategy for curbing risks in its trade relationship with China. Alibaba says its top executive will step down later this year. Rescuers search for a missing submersible that was on a visit to the wreckage of the Titanic. Keith Collins hosts.

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U.S. Stocks Finish Lower Following Thursday’s 2023 Highs

Fri, 16 Jun 2023 19:53:00 -0000

Also: Virgin Galactic shares rose more than 16% after the company said it was days away from sending its first commercial flight into space. iRobot shares rose 21% after Amazon’s $1.7 billion takeover proposal was approved by the U.K.’s competition regulator. J.R. Whalen reports.

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DOJ Probe Finds Minneapolis Police Routinely Use Excessive Force

Fri, 16 Jun 2023 16:06:00 -0000

Plus: Gas prices ease as Americans head into summer driving season. And Intel plans a factory in Poland, giving a boost to chip production in Europe. Charlotte Gartenberg hosts.

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Chip Maker Micron Plans China Expansion Despite Beijing Blacklisting

Fri, 16 Jun 2023 10:10:00 -0000

Jack Teixeira, the Air National Guardsman accused of leaking classified documents, has been indicted. Disney Chief Financial Officer Christine McCarthy is stepping down. Keith Collins hosts.

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U.S. Stocks Soar on Strong Consumer Data

Thu, 15 Jun 2023 19:54:00 -0000

Also: The Fed and the SEC are investigating Goldman Sachs’s role in buying Silicon Valley Bank’s securities portfolio while it worked on the bank’s efforts to raise capital, according to people familiar with the matter. J.R. Whalen reports.

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Justice Department Will Investigate PGA Tour-LIV Golf Deal

Thu, 15 Jun 2023 16:25:00 -0000

Plus: Retail spending rose in May despite high interest rates and rising prices. And, the Supreme Court upholds the preference for tribal families in Native American adoptions. Ariana Aspuru reports.

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Japan in Talks With U.S. to Provide Artillery Shells for Ukraine

Thu, 15 Jun 2023 10:05:00 -0000

China takes another step to bolster its fragile economic recovery. Ticketmaster and SeatGeek commit to make pricing more transparent for concertgoers. Keith Collins hosts.

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Fed Holds Rates Steady, Expects Rate Increase in July

Wed, 14 Jun 2023 20:55:00 -0000

Also: Shares of medical-device makers rose after UnitedHealth executives said demand for elective surgeries like knee and hip replacements are rebounding. Bud Light loses its title as the top-selling beer in the U.S. to Modelo Especial. J.R. Whalen reports.

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U.S. Quietly Restarts Diplomatic Talks With Iran

Wed, 14 Jun 2023 16:02:00 -0000

A migrant ship capsizes off the coast of Greece, killing at least 78 people. And Europe’s antitrust regulator sets its sights on Google’s ad-tech business. Alex Ossola reports.

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Today’s Fed Meeting: Will Powell Hold Rates Steady?

Wed, 14 Jun 2023 10:07:00 -0000

Poland opposes the nomination of Denmark’s Prime Minister to be the next head of NATO. And, Toyota Motor shares surge as longtime leader Akio Toyoda is re-elected. Kate Bullivant hosts.

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Nvidia Market Cap Crosses $1 Trillion for First Time Ever

Tue, 13 Jun 2023 21:28:00 -0000

Also: Tesla shares rose 3.6% for the stock’s record 13th-straight daily gain. Toyota shares climbed 5.7% after engineers developed an EV that mimics a stick-shift vehicle. J.R. Whalen reports.

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Inflation Fell to Half Its Peak in May

Tue, 13 Jun 2023 16:46:00 -0000

New consumer-price data suggests the Fed’s efforts to cool the economy are working. Plus: An $8.2 billion agribusiness merger could draw antitrust scrutiny, analysts say. And a federal investigation into a deadly accident at a BP oil refinery found supervisors’ decisions contributed to the deaths of two workers. Danny Lewis reports.

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Donald Trump to Make Initial Court Appearance in Miami

Tue, 13 Jun 2023 10:47:00 -0000

Breakup of Google's ad-tech business now on the table in Europe too. China’s central bank moves to shore up the economy. Mohsin Ali hosts.

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FTC Seeks to Block Microsoft, Activision Blizzard Deal

Mon, 12 Jun 2023 20:28:00 -0000

U.S. stocks opened the week higher. Also: Cruise line shares rose af ter analysts issued positive outlooks for the industry. J.R. Whalen reports.

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JPMorgan Will Pay $290 Million to Settle Lawsuit by Jeffrey Epstein Accusers

Mon, 12 Jun 2023 16:10:00 -0000

Plus: The U.S. will allow South Korean and Taiwanese chip makers to keep their operations in China without reprisal. Iran’s drones, supplied to Russia, contain Chinese parts. Pierre Bienaimé reports.

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Ukraine’s Long Awaited Counteroffensive has Begun

Mon, 12 Jun 2023 11:23:00 -0000

UBS has finalized its takeover of Credit Suisse. And, a landmark climate trial is set to kick off today in the state of Montana. Kate Bullivant hosts.

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Tesla Shares Rise for 11th Straight Day

Fri, 09 Jun 2023 20:26:00 -0000

Electric carmaker struck a deal with GM to allow drivers to use its charging stations next year. Netflix rose 2.6% after data shows the crackdown on password sharing in the U.S. resulted in new subscribers. J.R. Whalen reports.

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Democrats Plan to Introduce a Debt-Ceiling Overhaul Bill

Fri, 09 Jun 2023 16:07:00 -0000

Plus: The White House releases intelligence showing that Iran is shipping drones to Russia for use on the Ukraine front. And, Netflix’s password-sharing crackdown produces a windfall of new sign-ups for the streaming giant. Charlotte Gartenberg hosts.

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Donald Trump Indicted by Federal Grand Jury

Fri, 09 Jun 2023 10:00:00 -0000

Plus: China is facing a possible deflation problem as local producer prices drop by the most in seven years. And Meta plans to launch a stand-alone app to compete with Twitter. Kate Bullivant hosts.

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S&P 500 Re-Enters Bull-Market Territory

Thu, 08 Jun 2023 20:40:00 -0000

Also: Carvana shares rose 56% after the company predicted improved quarterly profits. GameStop shares fell 18% after the videogame retailer fired its CEO late yesterday. J.R. Whalen reports.

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Cuba to Host Secret Chinese Spy Base Monitoring U.S.

Thu, 08 Jun 2023 17:08:00 -0000

Plus: Supreme Court blocks GOP-drawn Alabama voting map. Homicides are falling in some of America’s largest cities. Ariana Aspuru reports.

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House Votes Canceled Over GOP Insurgents’ Protest

Thu, 08 Jun 2023 10:18:00 -0000

The White House is preparing for a possible Supreme Court decision striking down a student-loan forgiveness program. GameStop shares fell sharply after the videogame retailer terminated its CEO. Keith Collins hosts.

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U.S. Stocks Finish Mixed

Wed, 07 Jun 2023 21:08:00 -0000

Also: Amazon shares fell 4.25% after WSJ report that it plans an ad-supported tier of its Prime video streaming service. Coinbase shares rose 3.2% a day after being sued by the SEC. J.R. Whalen reports.

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U.S. Trade Gap Widened in April

Wed, 07 Jun 2023 16:36:00 -0000

Plus: Former Vice President Mike Pence joins the presidential race. Millions of Americans are under air quality warnings. Chris Licht has stepped down as CEO of CNN. Alex Ossola reports.

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Ukrainian Towns Inundated as Dam Floodwaters Rise

Wed, 07 Jun 2023 10:49:00 -0000

Boeing delays Dreamliner deliveries after new defect found. U.S. nears a deal to produce jet-fighter engines in India. Keith Collins hosts.

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Coinbase Shares Fall 12% After SEC Files Suit

Tue, 06 Jun 2023 21:05:00 -0000

U.S. stocks finished higher. Also: the announced merger between the PGA Tour and LIV Golf boosted shares of golf equipment manufacturers. J.R. Whalen reports.

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Sequoia Capital Will Separate Its China Business as Political Tensions Rise

Tue, 06 Jun 2023 16:37:00 -0000

The venture-capital firm will separate into three independent partnerships. Plus: Pro golf’s dueling organizations are merging. And the SEC sues another major crypto exchange. Danny Lewis reports.

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Major Dam Destroyed in Russian-Occupied Ukraine

Tue, 06 Jun 2023 10:00:00 -0000

A former ByteDance executive claims the Chinese Communist Party accessed TikTok’s Hong Kong user data. Hollywood actors authorize their union to call a strike if contract talks with studios break down. Keith Collins hosts.

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Apple Reveals VR Headset, Its First Major New Product in a Decade

Mon, 05 Jun 2023 19:48:00 -0000

Plus: U.S. stocks begin the week lower. Bitcoin and other cryptocurrencies fall after SEC accuses Binance of operating an illegal trading platform. J.R. Whalen reports.

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Russia Says Ukraine Has Begun Attacks on Front Lines

Mon, 05 Jun 2023 16:01:00 -0000

Plus: Twitter failed to stop known images of child sexual abuse from being shared online in recent months. Spotify says it plans to cut about 200 jobs. Trains resumed service at the site of India’s deadly June 2 crash. Pierre Bienaimé reports.

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Large Banks Could Face 20% Increase in Capital Requirements

Mon, 05 Jun 2023 10:20:00 -0000

Oil prices rally after Saudi Arabia announces a voluntary production cut following a contentious meeting between OPEC and its allies. Settlement talks between 3M and Stuart, Fla., prompt both sides to ask for a delay in their landmark “forever chemicals” trial. Keith Collins hosts.

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Dow Soars 700 Points on Strong Jobs Report

Fri, 02 Jun 2023 19:16:00 -0000

Plus: Amazon shares rise on Bloomberg report the company might offer low-cost mobile service to Prime subscribers. Lululemon shares snap losing streak after the company raises its sales-growth forecast in China. J.R. Whalen reports.

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Strong May Hiring Numbers Point to Labor Market Resilience

Fri, 02 Jun 2023 16:07:00 -0000

Plus: Three companies with ties to former chemical maker Dupont have agreed to pay $1.185 billion in a landmark environmental fight. And Twitter’s top content moderation and safety executive resigns. Charlotte Gartenberg hosts.

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Senate Passes Debt-Ceiling Bill, Averting a Default

Fri, 02 Jun 2023 10:43:00 -0000

The U.S. is ready to begin talks with Russia on steps to limit nuclear arms after a treaty expires in 2026. A government audit found the top U.S. auto-safety regulator failed to complete defect probes in a timely manner. Keith Collins hosts.

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U.S. Stocks Rise After House OKs Debt-Ceiling Bill

Thu, 01 Jun 2023 20:45:00 -0000

Plus: Dollar General warns of lower sales and profits. Record futures prices for live cattle could mean higher beef prices at the supermarket. J.R. Whalen reports.

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NATO Faces Pressure to Clear Membership for Ukraine

Thu, 01 Jun 2023 16:57:00 -0000

Plus: Macy’s cuts full-year forecast as retail spending slows. More than 40% of Spirit Airlines were delayed today after the airline experienced a technical issue. Ariana Aspuru reports.

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U.S. House Approves Debt-Ceiling Deal, Which Now Heads to Senate

Thu, 01 Jun 2023 10:27:00 -0000

Exxon and Chevron shareholders strike down proposed climate measures. Two Federal Reserve officials highlight their preference to skip an interest-rate hike at the June policy meeting. Keith Collins hosts.

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Weak China Economic Data Push U.S. Stocks Lower

Wed, 31 May 2023 19:31:00 -0000

Plus: Nvidia shares fall after several days of strong gains. The U.S. sold a record amount of crude and refined products per day to foreign buyers in March. J.R. Whalen reports.

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Former JPMorgan Exec Says Jamie Dimon Discussed Epstein’s Accounts

Wed, 31 May 2023 16:41:00 -0000

Plus: U.S. job openings rose in April, reversing three months of decline. India’s GDP grows 6.1% amid strong domestic demand. Alex Ossola reports.

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Debt-Ceiling Bill Moves Toward a Final U.S. House Vote

Wed, 31 May 2023 10:07:00 -0000

China’s economic recovery shows further signs of slowing. A U.S. judge rules that relatives of people who died in a Boeing 737 MAX crash can seek compensation for victims’ pain and suffering. Keith Collins hosts.

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U.S. Stocks Mixed as Investors Await Debt-Ceiling Bill Passage

Tue, 30 May 2023 19:43:00 -0000

Also: Nvidia shares closed up roughly 3%. Goldman Sachs fell roughly 0.4% following a WSJ report that the bank is planning more layoffs due to reduced deal-making activity. J.R. Whalen reports.

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Hundreds of Tech Executives Say AI Is as Dangerous as Nuclear War

Tue, 30 May 2023 15:53:00 -0000

The U.S. Navy steps up patrols in the Persian Gulf. Theranos founder Elizabeth Holmes is expected to report to prison. And home prices rose for the second month in a row. Danny Lewis reports.

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Biden, McCarthy’s Debt-Ceiling Deal Heads to the House

Tue, 30 May 2023 10:51:00 -0000

Drones hit residential areas in Moscow for the first time since the invasion of Ukraine began. China dismisses a U.S. request for a meeting of the two countries’ defense chiefs. Keith Collins hosts.

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U.S. Stocks Finish Higher as Debt-Ceiling Deal Draws Closer

Fri, 26 May 2023 20:49:00 -0000

Nasdaq notches fifth straight week of gains. Nvidia shares extend Thursday’s rally. Ford shares rise on news of electric-vehicle charging partnership with Tesla. J.R. Whalen reports.

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U.S. Consumer Spending Jumped, Inflation Increased in April

Fri, 26 May 2023 16:19:00 -0000

The Commerce Department releases fresh data on April’s consumer spending and inflation numbers. Plus: Sweden’s NATO membership hinges on extraditing unknown people. And a prisoner swap between Belgium and Iran grants the release of an Iranian diplomat convicted of terrorism. Charlotte Gartenberg hosts.

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White House, Republicans Draw Closer to Debt-Ceiling Deal

Fri, 26 May 2023 10:33:00 -0000

Businesses seek looser limits on federal cash for the chip industry, warning that the regulations would undermine America’s effort to revive the sector. The SEC’s largest-ever whistleblower award went to a tipster on Ericsson. Keith Collins hosts.

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Nvidia Up 24% As U.S. Stocks Finish Mixed

Thu, 25 May 2023 20:30:00 -0000

Chip maker Nvidia’s market cap approached $1 trillion as the company forecast sales well ahead of expectations. Mortgage rates hit their highest level since mid-March. J.R. Whalen reports.

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Dish Network in Talks to Sell Wireless Plans Through Amazon

Thu, 25 May 2023 16:51:00 -0000

Plus: Supreme Court limits EPA's authority over wetlands. TikTok is testing its own AI chatbot called Tako. Ariana Aspuru hosts.

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Fitch Considers U.S. Credit-Rating Downgrade as Debt Talks Drag On

Thu, 25 May 2023 10:22:00 -0000

Elon Musk’s Twitter event with Ron DeSantis was hit by technical glitches. The founder of the right-wing militia Oath Keepers is scheduled to be sentenced for seditious conspiracy in connection with the Jan. 6, 2021, Capitol attack. Keith Collins hosts.

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Stocks Fall Again Amid Fears of U.S. Debt Default

Wed, 24 May 2023 20:33:00 -0000

The Federal Reserve’s May meeting minutes show officials were divided over the path of interest rates. Kohl’s shares jump on better-than-expected profit. Nvidia projects higher sales as AI demand kicks in. J.R. Whalen reports.

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Citigroup Ends Sale Talks for Banamex, Will Pursue IPO

Wed, 24 May 2023 16:41:00 -0000

Plus: Target will stop selling some Pride Month apparel. Florida governor Ron DeSantis files paperwork to run for president. Alex Ossola hosts

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South Carolina Senate Passes 6-week Abortion Ban

Wed, 24 May 2023 10:30:00 -0000

PacWest is selling its real-estate lending arm, Civic Financial Services. And, baby formula makers face fresh scrutiny by the Federal Trade Commission. Kate Bullivant hosts.

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U.S. Stocks Fall as Investors Await Debt-Ceiling Resolution

Tue, 23 May 2023 20:52:00 -0000

Also: Choice Hotels shares fell 4% on a WSJ report that it’s interested in buying Wyndham Hotels & Resorts. Wyndham shares rose 5.1%. Yelp shares rose 5.7% after an activist investor called on the company to explore options including a sale. J.R. Whalen reports.

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Apple Strikes Multiyear, Multibillion-Dollar Deal With Broadcom

Tue, 23 May 2023 16:14:00 -0000

Plus: A bipartisan group of U.S. lawmakers propose sweeping immigration reforms. And Panera Brands announces a new CEO as it prepares to go public. Danny Lewis reports.

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Biden, McCarthy Fail to Reach Debt-Ceiling Deal After ‘Productive’ Meeting

Tue, 23 May 2023 10:15:00 -0000

Russian forces respond to a cross-border incursion by Ukrainian-backed fighters. JPMorgan makes a large bet on carbon removal. Keith Collins hosts.

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U.S. Stocks End Mixed As Debt-Ceiling Talks Resume

Mon, 22 May 2023 20:45:00 -0000

Plus: Micron Technology shares fell 2.9% after China said its products post a national-security risk. PacWest shares rose about 21% after saying it plans to sell a $2.6 billion property-loan portfolio. J.R. Whalen reports.

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Tim Scott Bets Personal Story Will Boost Long-Shot 2024 White House Bid

Mon, 22 May 2023 16:10:00 -0000

Plus: Chevron doubles down on shale with $6.3 billion deal to acquire PDC Energy, which holds stakes in Texas and Colorado. Facebook parent Meta says it will appeal the record $1.3 billion fine imposed by the European Union over data transfers to the U.S. Pierre Bienaimé reports.

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Facebook Owner Meta Fined $1.3 Billion Over Data Transfers to U.S.

Mon, 22 May 2023 10:18:00 -0000

President Biden and House Speaker Kevin McCarthy plan to meet today to discuss the debt ceiling. Micron shares fall after China bans the U.S. chip maker from supplying major Chinese companies. Keith Collins hosts.

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U.S. Stocks Decline As Debt-Ceiling Talks Stall

Fri, 19 May 2023 20:33:00 -0000

Also: JPMorgan Chase shares fell 0.2% after CEO James Gorman announced he’s leaving the top post. Foot Locker shares fell more than 27% after reporting lower-than-expected earnings and recent slowing sales. J.R. Whalen reports.

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Dozens of Car Models Tied to Potentially Explosive Air-Bag Part, WSJ Finds

Fri, 19 May 2023 16:07:00 -0000

G-7 leaders plan to counter China’s economic clout. And, Morgan Stanley’s CEO announces he is stepping down in the next 12 months. Charlotte Gartenberg hosts.

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Ukraine’s Zelensky Expected to Travel to Japan for G-7 Summit

Fri, 19 May 2023 10:30:00 -0000

Apple, wary of leaks, is restricting employee use of ChatGPT and other external AI tools. TikTok creators sue Montana over the state’s ban of the social-media app. Keith Collins hosts.

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U.S. Stocks Rise; Debt-Ceiling Vote Could Happen Next Week

Thu, 18 May 2023 21:07:00 -0000

Also: Walmart shares rose more than 1.25% after reporting higher quarterly sales. Palantir Technologies shares rose 14.5% after Cathie Wood’s ARKK fund disclosed a roughly $9 million purchase of the company. J.R. Whalen reports.

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Antiabortion Group Used Phone Data to Target Ads to Planned Parenthood Visitors

Thu, 18 May 2023 16:22:00 -0000

ESPN plans to sell its channel as a subscription-streaming service. And April home prices posted the largest annual drop in more than 11 years. Ariana Aspuru reports.

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Eight-Year-Old Girl Dies in U.S. Border Patrol Custody

Thu, 18 May 2023 10:14:00 -0000

Deutsche Bank agrees to pay $75 million to settle a lawsuit from accusers of Jeffrey Epstein. Montana’s governor signs the nation’s first statewide TikTok ban into law. Keith Collins hosts.

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U.S. Stocks Climb on Debt-Ceiling Talks Optimism

Wed, 17 May 2023 20:22:00 -0000

Also: Tesla shares rose 4.4-percent. Earnings exceeded Wall Street estimates, but Target said quarterly sales suffered. Western Alliance rose 10.2% after saying deposits have grown by more than $2 billion so far this quarter. J.R. Whalen reports.

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Death Rates Rise Among Young Americans

Wed, 17 May 2023 16:35:00 -0000

Plus: Ecuador’s president dissolves the national legislature. And the ex-CEO of First Republic Bank testifies before Congress. Alex Ossola reports.

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Democrats Plan Discharge Petition, Aiming to Force Debt-Ceiling Vote

Wed, 17 May 2023 11:10:00 -0000

Lawmakers in North Carolina ban most abortions after 12 weeks of pregnancy. And, Elon Musk teases two new Tesla models while forecasting near-term economic challenges. Kate Bullivant hosts.

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U.S. Stocks Fall; Amgen Shares Fall 2.4%

Tue, 16 May 2023 21:06:00 -0000

Also: Shares of Google parent Alphabet rose 2.6% after the company revealed billionaire Bill Ackman’s hedge fund built a $1 billion stake. Home Depot shares fell 2.2% after the company warned annual sales will decline for the first time since 2009. J.R. Whalen reports.

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Former SVB and Signature Bank Executives Appear Before Senate Committee

Tue, 16 May 2023 16:12:00 -0000

The executives speak publicly for the first time since the two banks failed. Plus: The FTC moves to block a major pharmaceutical company merger. And U.S. retail sales were up in April. Danny Lewis reports.

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China’s Youth Unemployment Tops 20% Amid Signs of Stalling Recovery

Tue, 16 May 2023 10:20:00 -0000

President Biden and top lawmakers are expected to meet to discuss the debt ceiling Tuesday. Wells Fargo agrees to pay shareholders $1 billion to settle a class-action lawsuit. Keith Collins hosts.

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U.S. Stocks Post Small Gains as Debt-Ceiling Talks Continue

Mon, 15 May 2023 20:23:00 -0000

Also: The European Union’s Antitrust Commission has approved Microsoft’s $75 billion acquisition of Activision Blizzard. Pipeline operator Oneok said it has agreed to buy rival Magellan Midstream Partners for $14 billion. J.R. Whalen reports.

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EU Approves Microsoft’s $75 Billion Activision Blizzard Deal

Mon, 15 May 2023 15:46:00 -0000

Plus: Exxon Mobil reaches settlement with Indonesian villagers over alleged human-rights abuses. Ukrainian president meets with Britain’s prime minister. Turkish election moves to a runoff later this month. Pierre Bienaimé reports.

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China Sentences a U.S. Citizen to Life in Prison for Espionage

Mon, 15 May 2023 10:08:00 -0000

Turkish President Recep Tayyip Erdogan and his main opponent appear headed for a runoff election later this month. Vice Media files for bankruptcy and says a creditor group has agreed to buy the company. Keith Collins hosts.

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Consumer Sentiment Sours, Sending U.S. Stocks Lower

Fri, 12 May 2023 20:37:00 -0000

Major stock indexes log weekly losses. Tesla to fix brake software in more than 1.1 million cars in China. Regional bank PacWest gives up early gains to close lower. J.R. Whalen reports.

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Elon Musk Says NBCUniversal’s Linda Yaccarino Is Twitter’s New CEO

Fri, 12 May 2023 16:21:00 -0000

Plus: Netflix plans to cut $300 million in spending. The Congressional Budget Office warns that the U.S. could breach the debt ceiling in the first two weeks of June unless Congress overcomes a stalemate to increase it. Charlotte Gartenberg hosts.

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NBCUniversal’s Linda Yaccarino Is in Talks to Become Twitter CEO

Fri, 12 May 2023 10:57:00 -0000

A meeting between President Biden and congressional leaders about the debt ceiling is postponed to next week. Federal Reserve governor Michelle Bowman signals support for further interest-rate increases. Keith Collins hosts.

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Dow Falls More Than 200 Points; Disney Shares Down 8.7%

Thu, 11 May 2023 21:00:00 -0000

Also: PacWest shares fell more than 22% after reporting it lost 9.5% of total deposits last week. Peloton shares fell nearly 9% as the company announces it’s recalling 2.2 million exercise bikes. J.R. Whalen reports.

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Treasury Secretary Doubts White House Can Dodge Default Without Congress

Thu, 11 May 2023 15:59:00 -0000

The Treasury Secretary says legislation is the best path forward. Plus, the clearinghouse that processes U.S. trades is accused of leaking sensitive information. And Japanese tech investor SoftBank reports a $7.2 billion net loss as it turns to AI investments. Danny Lewis reports.

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China’s Consumer Inflation Slows to Lowest Level in Two Years

Thu, 11 May 2023 10:48:00 -0000

The Biden administration is targeting power-plant emissions in a new climate initiative. A U.S. survey finds workers are happier than they have been in decades. Keith Collins hosts.

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U.S. Stocks Finish Mixed; Disney Reports Lower Streaming Losses

Wed, 10 May 2023 20:35:00 -0000

Plus: Toyota shares rose nearly 2% after saying it plans to invest more than $7 billion in EVs by 2030. Airbnb shares fell nearly 11% as customers reserved fewer-than-expected stays. J.R. Whalen reports.

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Inflation Cooled Slightly in April

Wed, 10 May 2023 17:03:00 -0000

Plus: Representative Geroge Santos is placed in federal custody, and Ukraine regains ground in Bakhmut. Alex Ossola reports.

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Trump’s Loss in Sexual-Abuse Case Casts New Cloud Over 2024 Bid

Wed, 10 May 2023 10:57:00 -0000

George Santos charged in Justice Department probe. And markets brace for key inflation data as the Fed weighs its rate-rise pause. Kate Bullivant hosts.

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U.S. Stocks Finish Lower Ahead of April Inflation Report

Tue, 09 May 2023 20:14:00 -0000

Also: Boeing shares rose 2.3% after Ryannair ordered up to 300 of the company’s 737 MAX aircraft. PacWest rose 2.4% in another volatile day for regional banks. J.R. Whalen reports.

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Home Prices Fall in Third of the U.S.

Tue, 09 May 2023 16:36:00 -0000

Plus: Former Pakistani Leader Imran Khan is arrested. Israeli airstrikes hit militants and civilians in Gaza. Ariana Aspuru reports.

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China Expels Canadian Diplomat in Retaliatory Move

Tue, 09 May 2023 10:46:00 -0000

A New York judge restricts former President Donald Trump’s use of evidence in his hush-money case. A Federal Reserve survey finds that banking stress is a top risk to the U.S. economy. Keith Collins hosts.

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U.S. Stocks Open the Week Mixed

Mon, 08 May 2023 20:32:00 -0000

Also: PacWest shares rose 3.7% after trading much higher following the bank’s dividend cut. Occidental Petroleum shares fell 2.9% after Warren Buffett squashed rumors that Be rkshire Hathaway was looking to buy the energy company. J.R. Whalen reports.

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Ukraine Shoots Down Dozens of Drones Over Kyiv

Mon, 08 May 2023 16:06:00 -0000

Plus: Meat giant Tyson Foods posts first quarterly loss since 2009. Princeton Review and Tutor.com are now owned by a Chinese company. Chile elects a right-wing council to draft a new constitution. Pierre Bienaimé reports.

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Eight People Fatally Struck by Vehicle Outside Texas Homeless Shelter

Mon, 08 May 2023 10:21:00 -0000

China’s foreign minister scolds the U.S. ambassador over Taiwan at a meeting in Beijing. The Biden administration intends to propose a rule for airlines to compensate passengers for delays and cancellations. Keith Collins hosts.

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U.S. Stocks Jump on Strong April Jobs Report

Fri, 05 May 2023 19:33:00 -0000

Plus: Apple shares rose 4.7% a day after reporting lower revenue, but strong iPhone sales in emerging markets. Coinbase shares rose 18% after the cryptocurrency exchange posted a smaller-than-expected loss. J.R. Whalen reports.

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WHO Declares End to Covid-19 Pandemic Emergency

Fri, 05 May 2023 15:54:00 -0000

Plus: April jobs report shows hiring is strong — and unemployment historically low. Russian paramilitary group leader threatens to withdraw troops from front line in Ukraine. Pierre Bienaimé reports.

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Biden to Tap Air Force General as Next Chairman of Joint Chiefs of Staff

Fri, 05 May 2023 10:15:00 -0000

Chinese fintech giant Ant Group’s overhaul into a financial-holding company is in limbo because of Beijing’s regulatory-system revamp. TurboTax is sending settlement payments to people who were charged for tax preparation that should have been free. Keith Collins hosts.

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U.S. Stocks Fall; Apple Reports Lower Quarterly Sales

Thu, 04 May 2023 20:39:00 -0000

Also: Several regional-bank stocks fall sharply as uncertainty in the sector grows. DoorDash reports higher quarterly sales. J.R. Whalen reports.

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Four Proud Boys Members Guilty of Seditious Conspiracy

Thu, 04 May 2023 17:26:00 -0000

Plus: Toronto-Dominion Bank and First Horizon call off $13.4 billion merger, and the European Central Bank slows the pace of interest-rate increases. Ariana Aspuru reports.

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White House Weighs Alternative Strategies for Raising Debt Limit

Thu, 04 May 2023 10:21:00 -0000

PacWest shares are down sharply after the regional bank said it is talking to potential partners and investors. Private-equity firm Apollo Global Management is nearing a deal to buy industrial-parts maker Arconic. Keith Collins hosts.

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Fed Raises Interest Rates by a Quarter-Point, Reaches 16-Year High

Wed, 03 May 2023 21:00:00 -0000

Plus: Eli Lilly shares rose 6.7% after its experimental drug slowed cognitive and functional declines in early-stage Alzheimer’s patients. Yum Brands shares fell 3.9% after reporting worse-than-expected quarterly earnings. J.R. Whalen reports.

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Russia Says Kremlin Hit by Ukraine Drones

Wed, 03 May 2023 16:49:00 -0000

Plus: Iran seizes second oil tanker in a week. CVS posts higher revenue, lowers projections as it closes acquisitions. Mohsin Ali reports.

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Texas Shooting Suspect Arrested After Manhunt

Wed, 03 May 2023 10:38:00 -0000

Eli Lilly says its experimental drug slowed Alzheimer’s in a large study. And late-night shows go dark amid a labor dispute with writers. Luke Vargas hosts.

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U.S. Stocks Fall Sharply Ahead of Fed Meeting

Tue, 02 May 2023 21:04:00 -0000

Also: Regional bank stocks close at their lowest level since 2020 a day after the collapse of First Republic Bank. Uber shares rose more than 11% after reporting strong quarterly revenue. J.R. Whalen reports.

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U.S. Job Openings Drop to Lowest Level in Two Years

Tue, 02 May 2023 16:36:00 -0000

Job openings in the country drop while layoffs rise sharply. Ugandan lawmakers amend a sweeping anti-LGBT bill that would’ve criminalized those identifying as LGBT. Plus, Australia effectively bans recreational vaping. Julie Chang hosts.

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Hollywood Writers to Strike After Talks Break Down

Tue, 02 May 2023 10:00:00 -0000

Australia’s central bank surprises markets with an interest-rate hike after a pause. Vice Media prepares to file for bankruptcy. Keith Collins hosts.

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U.S. Stocks Finish Lower

Mon, 01 May 2023 20:44:00 -0000

Also: JPMorgan Chase rose 2.1% after purchasing deposits and most assets of First Republic Bank. Norwegian Cruise Line shares jumped about 9% after reporting a narrower-than-expected loss in the first quarter. J.R. Whalen reports.

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Islamic State’s Top Leader Killed in Intelligence Operation, Turkey Says

Mon, 01 May 2023 16:18:00 -0000

Plus: Canada reaches wage-boosting agreement with big public sector union. Ernst & Young’s effort to split auditing and consulting operations is dead for now. Pierre Bienaimé reports.

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First Republic Bank Is Seized by Regulators, Sold to JPMorgan Chase

Mon, 01 May 2023 10:57:00 -0000

China is reducing overseas access to information about the world’s second-largest economy. Shares of Japan’s SoftBank rise after Arm, its U.K. chip maker, confidentially files for a U.S. initial public offering. Keith Collins hosts.

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Markets End the Month With Gains as Volatility Calms

Fri, 28 Apr 2023 21:41:00 -0000

Strong corporate earnings helpWall Street close out the month with gains. Investors take a wait and see approach ahead of the Federal Reserve’s meeting next week.

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Tech Companies Collude to Cheat H1-B Visa Lottery, U.S. Says

Fri, 28 Apr 2023 15:47:00 -0000

Plus: Wage growth and inflation remained high in Q1. The Federal Reserve’s top regulator takes the central bank to task over Silicon Valley Bank failure. Exxon and Chevron post robust profits. Pierre Bienaimé reports.

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China Cracks Down on Foreign Companies

Fri, 28 Apr 2023 10:47:00 -0000

The Eurozone narrowly avoids a recession. And, warring parties in Sudan have agreed to extend a fragile ceasefire. Luke Vargas hosts.

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Strong Earnings Help Markets Shake Off Mixed Economic Data

Thu, 27 Apr 2023 21:33:00 -0000

New data about U.S. economic growth painted a mixed picture for investors. But better than expected first quarter corporate earnings helped rally markets.

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U.S. Economic Growth Slows in First Quarter

Thu, 27 Apr 2023 16:48:00 -0000

Russia rejects U.S. request to visit jailed WSJ Reporter Evan Gershkovich. And Congress introduces legislation to tackle treatments of drug-resistant infections. Ariana Aspuru reports.

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Deutsche Bank Reports Higher Profit in Tumultuous Quarter

Thu, 27 Apr 2023 10:57:00 -0000

Samsung feels the brunt of a chip slowdown, as profits slide 86 percent. And, prosecutors look to extend Jack Teixeira’s detention. Luke Vargas hosts.

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Regional Banks Struggle as Tech Offers Investors a Bright Spot

Wed, 26 Apr 2023 21:07:00 -0000

Concerns about interest rates weigh on markets, despite strong first quarter earnings from m any companies. Tech stocks are a rare spot of resilience with investors.

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Disney Sues DeSantis After Oversight Board Voids Theme-Park Agreements

Wed, 26 Apr 2023 17:19:00 -0000

Plus: China’s Xi and Ukraine’s Zelensky speak in first call since Russian invasion, and Microsoft’s $75 billion deal for Activision Blizzard rejected by U.K. antitrust watchdog. Mohsin Ali reports.

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First Republic Bank Shares Sink After Earnings Report

Wed, 26 Apr 2023 10:59:00 -0000

United States and South Korea reach a deal on nuclear weapons. And, Senators are set to introduce bipartisan legislation forcing the U.S. Supreme Court to create a code of ethics. Kate Bullivant hosts.

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U.S. Stocks Fall Following Disappointing Earnings Reports

Tue, 25 Apr 2023 21:21:00 -0000

Markets’ relative calm has come to end with indexes falling across the board amid lackluster earnings reports from First Republic and UPS. Tech stocks like Alphabet and Microsoft take a hit while investors await earnings reports. McDonald’s, PepsiCo earnings suggest resilient consumer spending. Julie Chang hosts.

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New EU Rules Take Aim at Regulating Major Digital Companies

Tue, 25 Apr 2023 16:44:00 -0000

Plus: Gap lays off hundreds of workers worldwide. GM raises 2023 outlook, but kills off the Chevy Bolt. And renowned musician Harry Belafonte dies at 96. Danny Lewis reports.

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President Biden Launches Re-Election Campaign

Tue, 25 Apr 2023 11:01:00 -0000

UBS opens its books a month after its announced takeover of Credit Suisse. And a 72-hour ceasefire begins in Sudan. Luke Vargas hosts.

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U.S. Stocks Close Mixed on Another Quiet Session

Mon, 24 Apr 2023 20:35:00 -0000

U.S. stocks wobble between small gains and losses. Shares of Coca-Cola, Fox and Bed Bath and Beyond take a hit. Meanwhile, Disney shares tick up on another round of layoffs, and Credit Suisse posts biggest-ever quarterly banking profits after bailout. Julie Chang hosts.

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Global Military Spending Hits a Record High

Mon, 24 Apr 2023 16:15:00 -0000

Plus: Republican presidential candidate Nikki Haley received stock option windfall. Federal hate-crime trial begins over 2018 shooting at Pittsburgh synagogue. Pierre Bienaimé reports.

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Bed Bath & Beyond Files for Bankruptcy

Mon, 24 Apr 2023 10:42:00 -0000

NBCUniversal’s CEO is leaving his job immediately after an investigation into a complaint of inappropriate conduct. And, the U.S. and other governments are evacuating embassy staff and other foreign nationals from Sudan. Kate Bullivant hosts.

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U.S. Stocks Finish the Week Higher

Fri, 21 Apr 2023 20:34:00 -0000

Plus: Procter & Gamble shares rose 3.5% as the company raised prices 10% last quarter. Lyft plans to cut roughly 1,200 jobs, according to people familiar with its plans. Shares rose 6%. J.R. Whalen reports.

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Supreme Court Expected to Rule on Abortion Pill Today

Fri, 21 Apr 2023 16:02:00 -0000

Plus: Moscow says one of its jet fighters accidentally dropped a weapon on the Russian city of Belgorod last night. More than a dozen U.S. attorneys general are calling for the recall of millions of Hyundai and Kia vehicles. J.R. Whalen reports.

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Fed Rethinks Loophole That Masked Losses on SVB’s Securities

Fri, 21 Apr 2023 10:37:00 -0000

Mark Zuckerberg says that Meta will slow hiring and that he won’t rule out future layoffs. Credit Suisse investors challenge Switzerland’s $17 billion bond write-down. Kate Bullivant hosts.

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U.S. Stocks Fall as Recession Concerns Rise

Thu, 20 Apr 2023 20:29:00 -0000

Plus: AT&T shares drop on concerns that the return of employees to offices is cutting into demand for wireless plans. Tesla shares decline after the electric-vehicle maker reports a sharp drop in profit. J.R. Whalen reports.

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SpaceX’s Starship Explodes During First Test Flight

Thu, 20 Apr 2023 16:41:00 -0000

Plus: House of Representatives approves transgender sports ban. And U.S. home sales fell in March as mortgage rates weighed on the market. Ariana Aspuru reports.

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EY Confronts Slowing Growth After Breakup Deal Fails

Thu, 20 Apr 2023 10:45:00 -0000

Janet Yellen is expected to say today that security comes before the economy in the U.S.-China relationship. And House Republicans unveil a bill to raise the debt ceiling and cut spending. Kate Bullivant hosts.

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Tesla Reports 24% Decline in First-Quarter Profit

Wed, 19 Apr 2023 20:47:00 -0000

U.S. stocks finish mixed. IBM shares rise 3% after hours after beating earnings estimates. J.R. Whalen reports.

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India’s Population Set to Surpass China’s

Wed, 19 Apr 2023 16:15:00 -0000

Plus: detention hearing for Airman First Class Jack Teixeira postponed. Morgan Stanley's Q1 profits fall 19%. Pierre Bienaimé reports.

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TSMC Seeks Up to $15 Billion in U.S Subsidies but Objects to Conditions

Wed, 19 Apr 2023 10:18:00 -0000

The U.S. Supreme Court is expected to issue an order determining the availability of the abortion pill Mifepristone. And House Speaker Kevin McCarthy says that the text of the bill raising the U.S. debt ceiling will be ready soon. Kate Bullivant hosts.

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Netflix to Expand Password-Sharing Limitations in U.S.

Tue, 18 Apr 2023 20:15:00 -0000

U.S. stocks finish mixed as more earnings reports come in. Goldman Sachs shares fall on lower quarterly profit. Southwest Airlines resumes flights after ground stop. Fox to pay $787 million to settle Dominion’s defamation lawsuit. J.R. Whalen reports.

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Southwest Airlines Hit With Delays After Nationwide Departure Pause

Tue, 18 Apr 2023 16:49:00 -0000

Moscow court upholds the detention of WSJ reporter Evan Gershkovich. The FDA approves single-shot COVID-19 vaccines for first doses. And Johnson & Johnson’s first-quarter earnings were wiped out by $6.9 billion litigation charge. Danny Lewis reports.

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WSJ Reporter Evan Gershkovich Appears in Russian Court for Detention Appeal Hearing

Tue, 18 Apr 2023 10:59:00 -0000

Russian president Vladimir Putin makes a rare trip to Russian-occupied areas of Ukraine. And China’s economy rebounds after Covid isolation. Kate Bullivant hosts.

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U.S. Stocks Kick Off New Week With Gains

Mon, 17 Apr 2023 20:37:00 -0000

Charles Schwab shares rise on higher net income. Apple to offer high-yield savings account that pays 4.15% interest. David’s Bridal files for bankruptcy. U.S. gas prices climb for third straight week. J.R. Whalen reports.

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Sudan Fighting Continues for Third Day

Mon, 17 Apr 2023 16:18:00 -0000

Plus: A French court clears Air France and Airbus over 2009 crash. The SEC sues Bittrex, once the biggest U.S.-based platform for trading digital assets. Pierre Bienaimé reports.

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Pentagon, Intelligence Agencies Face Calls for Details on Leak Probe

Mon, 17 Apr 2023 10:25:00 -0000

Drugmaker Merck is to acquire Prometheus Biosciences for $10.8 billion. And, China’s central bank keeps key policy rates unchanged. Luke Vargas hosts.

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U.S. Stocks Fall on Talk of Higher Interest Rates

Fri, 14 Apr 2023 20:36:00 -0000

Plus: JPMorgan Chase and Citi shares rose on upbeat earnings reports. Boeing shares fell 5.6-percent after the company said it was pausing deliveries of some 737 MAX jets because of incorrectly installed parts. J.R. Whalen reports.

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JPMorgan Profit Jumps 52% Despite Banking Turmoil

Fri, 14 Apr 2023 17:25:00 -0000

Plus: Retail sales report shows Americans pulled back on big-ticket purchases as interest rates rise, and the Supreme Court faces swift new abortion test with mifepristone case. Mohsin Ali reports.

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Florida Passes Bill Banning Abortion After Six Weeks of Pregnancy

Fri, 14 Apr 2023 10:53:00 -0000

The U.S. airman suspected of leaking classified information is due to appear in court today. Boeing pauses deliveries of MAX jets after parts problem. Kate Bullivant hosts.

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U.S. Stocks Rise on Producer-Prices Decline

Thu, 13 Apr 2023 20:48:00 -0000

Also: Amazon shares rose 4.7% after CEO Andy Jassy tells shareholders the company is committed to investing in innovation despite current economic challenges. Average 30-year fixed mortgage fell to 6.27%, the lowest level since early February. J.R. Whalen reports.

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Delta Reports First Quarter Loss, Projects Strong Summertime Travel

Thu, 13 Apr 2023 16:33:00 -0000

Plus: Supplier prices fell in March, adding to signs of moderating inflation, and Italian company Enel plans 10,000 fast chargers across the U.S. to meet EV demand. Mohsin Ali reports.

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Court Rules Abortion Pill Can Remain Temporarily Available

Thu, 13 Apr 2023 10:31:00 -0000

The U.S. is looking internally for the leak of purported Ukraine documents. Twitter changes its name to X Corp. and moves to Nevada. Luke Vargas hosts.

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U.S. Stocks Fall On Hints of Interest-Rate Hike

Wed, 12 Apr 2023 20:26:00 -0000

Also: Shares of Triton International rose 32% after agreeing to be bought by Brookfield Infrastructure. Juul Labs agreed to pay $462 million to settle lawsuits, including allegations it marketed its vaping products to underage users. J.R. Whalen reports.

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Inflation Cooled to 5% in March, Lowest in Nearly Two Years

Wed, 12 Apr 2023 16:46:00 -0000

Plus: EPA standards may miss many “forever chemicals” in drinking water, study says. The U.S.’s top hostage envoy pledges to secure Evan Gershkovich’s release from Russian prison. Mohsin Ali reports.

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EPA Proposes Toughest Ever Tailpipe Emissions

Wed, 12 Apr 2023 10:32:00 -0000

The Biden administration released new limits on pollution from cars. Plus, Ukraine plays down the classified assessment of its battlefield vulnerabilities, found in purportedly leaked documents. Peter Granitz hosts.

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U.S. Stocks Trade in Narrow Range Ahead of Inflation Report

Tue, 11 Apr 2023 20:45:00 -0000

Also: Moderna shares fell 3% after telling investors its first influenza vaccine candidate didn’t achieve early success in a phase 3 trial. Albertson shares fell 1.6% after reporting delivery costs due to growing digital sales cut into profits. J.R. Whalen reports.

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IMF Says Global Economic Growth Cooling, Facing Risks from Banking Sector

Tue, 11 Apr 2023 17:11:00 -0000

Plus: U.S. banks’ lending capacity will decline, IMF says. China lays out strict rules for ChatGPT-Like AI tools and Citi's long-serving M&A Co-Chief to retire. Mohsin Ali reports.

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U.S. Deems WSJ Reporter ‘Wrongfully Detained’ by Russia

Tue, 11 Apr 2023 10:27:00 -0000

The Biden administration is weighing possible regulations for AI tools such as ChatGPT. Three former Twitter executives sue the company over legal expenses. Keith Collins hosts.

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Nasdaq Falls as Investors Eye Interest-Rate Increase

Mon, 10 Apr 2023 20:51:00 -0000

Plus: Pioneer Natural Resources rose 5.8% after WSJ reported Exxon Mobil was considering an acquisition. Tupperware fell below $2 per share after the company warned it may not be able to continue unle ss its financial position improves. J.R. Whalen reports.

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At Least Four Dead After Shooting in Louisville, Ky., Police Say

Mon, 10 Apr 2023 16:24:00 -0000

Plus: Fox News settles defamation lawsuit with Venezuelan businessman. Two Chinese human-rights activists sentenced to prison. Pierre Bienaimé reports.

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Russia Steps Up Crackdown on Dissent in Occupied Ukrainian Areas

Mon, 10 Apr 2023 10:29:00 -0000

Leaked purported Pentagon documents warn that Ukraine may run out of air defenses by early May. Tesla plans to build a factory in Shanghai to make energy-storage batteries. Keith Collins hosts.

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Markets Focus on Bonds and Futures, With Stocks Closed for Good Friday

Fri, 07 Apr 2023 21:04:00 -0000

The March jobs report shows the labor market is cooling, but hiring growth remained steady. Exxon-Mobil is in early talks to buy major fracking firm. Paramount explores selling majority stake in Noggin. Danny Lewis reports.

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March Jobs Report Shows Hiring Cooling as U.S. Continues to Add Jobs

Fri, 07 Apr 2023 16:28:00 -0000

The unemployment rate fell to 3.5% last month, with service sector additions offsetting cuts at big companies in tech, finance and entertainment. Senate leaders issue a bipartisan statement calling for Russia to release detained WSJ reporter Evan Gershkovitch, and an exchange of fire between Israel and Palestinian militants in Gaza and Lebanon. Charlotte Gartenberg hosts.

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Russian Court to Hear Appeal on Detention of WSJ Reporter

Fri, 07 Apr 2023 10:42:00 -0000

The Biden administration proposes a new rule for transgender student athletes. Samsung Electronics forecasts a steep drop in quarterly profit amid a downturn in the tech sector. Keith Collins hosts.

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Markets Inch Up After New Jobless-Claims Data Higher Than Expected

Thu, 06 Apr 2023 21:13:00 -0000

Investors hope the Federal Reserve is almost done with rate hikes, but still concerned about a recession. FedEx stocks rise after reorganization announcement. Costco slips after reporting in-store sales drop. Danny Lewis reports.

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U.S. Treasury Calls Decentralized Crypto Markets a National Security Threat

Thu, 06 Apr 2023 16:34:00 -0000

Plus: Rockets from Lebanon fired into northern Israel. French President Emmanuel Macron urges Chinese counterpart to help negotiate an end to war. New data show the labor market is slowly cooling. Pierre Bienaimé reports.

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Saudi, Iranian Ministers Agree to Resume Flights After Meeting in China

Thu, 06 Apr 2023 10:19:00 -0000

Chinese government agencies denounce the meeting between U.S. House Speaker Kevin McCarthy and Taiwan’s leader, Tsai Ing-wen. Google CEO Sundar Pichai says the company plans to add AI features to its search engine. Keith Collins hosts.

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U.S. Stocks Mostly Fall Following Renewed Focus on Recession Risks

Wed, 05 Apr 2023 21:13:00 -0000

S&P 500, Nasdaq fall as investors turn to safe sectors. Sweetgreen stocks fall after Chipotle sues. Johnson & Johnson shares rise following proposed $9 billion product-liability settlement. Danny Lewis reports.

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Blinken Says WSJ Reporter is Wrongfully Detained

Wed, 05 Apr 2023 16:24:00 -0000

Secretary of State Antony Blinken says the process to reach an official determination on the detention of Wall Street Journal reporter Evan Gershkovich is pending. Plus, global trade growth is expected to slow this year, and cross-border fire between Palestine and Israel raises fears of a wider conflict. Julie Chang hosts.

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U.S. Readies ‘Wrongfully Detained’ Label for Gershkovich

Wed, 05 Apr 2023 10:37:00 -0000

Manhattan prosecutors allege former President Donald Trump orchestrated an “unlawful scheme” to help his 2016 campaign and then cover it up. And, Brandon Johnson has been elected mayor of Chicago. Kate Bullivant hosts.

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Markets Slide on Poor Jobs News

Tue, 04 Apr 2023 22:23:00 -0000

Donald Trump pleads not guilty to 34 felony charges. Plus, investors worry about the state of the labor market and Virgin Orbit plummets on news it is filing for bankruptcy.

Correction: An earlier version of this podcast incorrectly said Mr. Trump pleaded guilty. (Corrected April 4.)

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Markets Slide on Poor Jobs News

Tue, 04 Apr 2023 21:11:00 -0000

Donald Trump pleads not guilty to 34 felony charges. Plus, investors worry about the state of the labor market and Virgin Orbit plummets on news it’s filing for bankruptcy.

Correction: An earlier version of this podcast incorrectly said Mr. Trump pleaded guilty. (Corrected April 4.)

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Finland Joins NATO in Historic Move, Doubling Alliance’s Border With Russia

Tue, 04 Apr 2023 16:01:00 -0000

Plus: New York City officials are prepared for protests around former president Donald Trump’s arraignment. Job openings fell in February. U.S. military discloses killing of an Islamic State leader. Pierre Bienaimé reports.

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Donald Trump Prepares to Surrender in Hush-Money Case

Tue, 04 Apr 2023 10:33:00 -0000

Insiders at collapsed Signature Bank sold $100 million in stock as the lender embraced the cryptocurrency industry. Richard Branson’s space company Virgin Orbit files for bankruptcy. Keith Collins hosts.

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Oil Prices Jump After Surprise Production Cut Announcement

Mon, 03 Apr 2023 21:08:00 -0000

U.S. stocks end the day mixed and oil prices shoot up after a Saudi-led group of oil producers says it plans to cut more than 1 million barrels of daily output starting next month. Shares of energy majors climb. Car makers’ shares fall after reports of rising car payment prices and dogecoin gets a boost from Twitter appearance. Charlotte Gartenberg reports.

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Russia Arrests Suspect in Cafe Bombing That Killed War Propagandist

Mon, 03 Apr 2023 16:24:00 -0000

Russian authorities arrest a suspect in the killing of a Russian pro-war propagandist and blogger, and Israeli Prime Minister temporarily suspends his decision to fire the country’s Defense Minister. Plus, the FTC rejects Illumina’s $7 billion deal for cancer-test developer Grail. Julie Chang hosts.

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Saudi-Led Oil Producers Decide to Reduce Output Further

Mon, 03 Apr 2023 10:23:00 -0000

WWE nears a sale to UFC owner Endeavor Group. Swiss prosecutors investigate the takeover of Credit Suisse by rival UBS. Keith Collins hosts.

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Markets Shake Off Turbulent Quarter Ending on a High Note

Fri, 31 Mar 2023 21:20:00 -0000

Investors take solace in new consumer spending data. McDonald's stock reaches a new high. Plus, for bank stocks it’s the end of one of the worst periods in years. Zoe Thomas reports.

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New EV Tax-Credit Rules May Leave Some Cars in the Dust

Fri, 31 Mar 2023 15:41:00 -0000

Plus: Inflation and consumer spending figures point to a possibly slowing economy. Italy’s privacy regulator orders a temporary ban on OpenAI’s ChatGPT. Pierre Bienaimé reports.

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Lawyer for Donald Trump Says Ex-President Is Likely to Surrender Tuesday

Fri, 31 Mar 2023 10:38:00 -0000

China’s services-sector activity hits its highest level in more than a decade. Core consumer inflation in the eurozone reaches a record high. Space company Virgin Orbit says it is cutting about 85% of its workforce. Keith Collins hosts.

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Stocks Climb on Hope Fed May Soon Stop Raising Rates

Thu, 30 Mar 2023 21:36:00 -0000

Concerns about the global banking sector eased, but the stocks of large and regional lenders were mixed. Home retailer Bed, Bath and Beyond continues to struggle. And a regional Fed president offers investors a glimmer of hope. Zoe Thomas hosts.

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WSJ Reporter Detained in Russia on Espionage Allegations

Thu, 30 Mar 2023 16:20:00 -0000

Journal reporter Evan Gershkovich is in custody in Moscow on allegations of espionage. An update on a fatal U.S. Army helicopter crash in Kentucky. And the EU’s top official says Europe must protect itself against China’s desire to be the center of a new world order. Charlotte Gartenberg hosts

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Pope Francis Is Hospitalized for Respiratory Infection

Thu, 30 Mar 2023 09:59:00 -0000

Two U.S. Army helicopters crash near a military base in Kentucky. Disney lays off more than 300 employees in China focused on streaming services. Keith Collins hosts.

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Stocks Jump Broadly, Aided by Easing Banking Concerns

Wed, 29 Mar 2023 21:21:00 -0000

Tech and other growth stocks are the top performers . First Republic up 5.6% among regional banks. Gold futures rise 7%, on pace for the largest monthly percentage gain since November. Zoe Thomas reports.

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Tech Execs and AI Experts Call for Pause in New Powerful AI Tools

Wed, 29 Mar 2023 16:51:00 -0000

Several tech executives and AI experts call for a 6 month moratorium in developing more powerful AI technologies. Plus, the Biden administration wants more businesses to invest in Africa to counter China’s influence there and a dreaded feature in health insurance paperwork gets cut back. Julie Chang hosts.

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UBS Brings Back Former CEO After Credit Suisse Deal

Wed, 29 Mar 2023 10:41:00 -0000

Crypto exchange Binance sees $2 billion in outflows as troubles compound. And, Taiwan’s leader President Tsai Ing-wen is stopping over in the U.S. today on her way to Central America. Kate Bullivant hosts.

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Tech Stocks Fall as Banking Turmoil Eases

Tue, 28 Mar 2023 21:04:00 -0000

Investors bet on further interest rate increases after the banking sector stabilizes. As the system evens out, individual bank stocks fall. Some pharmaceutical companies saw big gains after promising drug data.

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China’s Alibaba to Split Into Six Independent Companies

Tue, 28 Mar 2023 15:53:00 -0000

Plus: A deadly fire breaks out at a migrant detention facility in Mexico. U.S. lawmakers move against a substance that makes fentanyl even deadlier. Pierre Bienaimé reports.

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Top U.S. Bank Regulators to Face Senate Questions Over Failed Lenders

Tue, 28 Mar 2023 10:16:00 -0000

The U.S. and Japan strike a trade deal on minerals used in electric vehicles. Facebook owner Meta plans to lower some employee bonus payouts. Keith Collins hosts.

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U.S. Stocks Mixed and Regional Banks Up on News of SVB Buyout

Mon, 27 Mar 2023 21:24:00 -0000

First Citizens acquires large parts of failing Silicon Valley Bank, aiding the health of the banking sector even as concerns remain high on investors’ agenda. U.S. crude maintaining a volatile run, taking its highest jump in nearly six months. And, cryptocurrency exchange Binance is being sued by U.S. regulators. Charlotte Gartenberg reports.

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Russia Supplies Iran With Cyber Weapons

Mon, 27 Mar 2023 16:14:00 -0000

Cyber military cooperation between Russia and Iran grows, worrying U.S. officials. Plus, Uber Eats to remove thousands of virtual brands from the app and semiconductor companies must prepare financial statements to apply for Chips Act funds. Julie Chang hosts.

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First Citizens Acquires Much of Failed Silicon Valley Bank

Mon, 27 Mar 2023 10:19:00 -0000

Israel’s largest labor union calls for a nationwide strike in response to Prime Minister Benjamin Netanyahu’s plan to overhaul the judiciary. Ukraine seeks an emergency U.N. Security Council meeting over Russia’s plan to put nuclear weapons in Belarus. Keith Collins hosts.

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U.S. Stocks Finish the Week Higher, But Bank Concerns Linger

Fri, 24 Mar 2023 21:00:00 -0000

Investors move money into havens like utility stocks and gold. Also: Citizens Financial, up 4%, among regional banks recovering from recent selloffs. J.R. Whalen reports.

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China Fires Back at U.S. Lawmakers Over TikTok

Fri, 24 Mar 2023 15:16:00 -0000

Beijing says it will never require companies to illegally gather data and intelligence from overseas. Plus, Twitter says it will start taking away legacy blue check marks on April 1st. J.R. Whalen reports.

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U.S. Strikes Iranian-Backed Groups in Syria After Deadly Drone Attack

Fri, 24 Mar 2023 10:16:00 -0000

Shares of Jack Dorsey’s payments company Block fall after a short seller questions the company’s user numbers. U.S. due diligence firm Mintz Group says authorities in Beijing raided its office. Keith Collins hosts.

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U.S. Stocks Rise as Investors Weigh Path of Interest Rates

Thu, 23 Mar 2023 18:38:00 -0000

Netflix was the Nasdaq’s biggest gainer, up 9%. Coinbase says the SEC plans to sue it over investor-protection law violations. Shares fell 14%. J.R. Whalen reports.

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TikTok CEO Faces Questions About App’s Safety and Security

Thu, 23 Mar 2023 16:44:00 -0000

Plus: Anti-Semitic incidents in the U.S. rose 36% in 2022 from the previous year. The Manhattan grand jury isn’t expected to take action today in its investigation into Donald Trump’s role in paying hush money to a porn star. J.R. Whalen reports.

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U.S. to Shift More Modern Combat Aircraft to Asia, Europe

Thu, 23 Mar 2023 10:27:00 -0000

TikTok influencers rally against a possible U.S. ban in Washington. Crypto exchange Coinbase says the SEC is planning to sue the company. Keith Collins hosts.

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Stocks Plunge as Investors Digest Fed Rate Hike

Wed, 22 Mar 2023 21:31:00 -0000

U.S. stocks end the day down after the Fed announces ninth consecutive rate hike. Troubled lender First Republic Bank continues to experience swings in trading as it looks to post-crisis plans and GameStop shares up over 35%, reporting quarterly profits after a streak of losses. Charlotte Gartenberg reports.

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Moderna to Price Covid-19 Shots at $130 Apiece

Wed, 22 Mar 2023 16:40:00 -0000

Plus: European officials are proposing rules that would force companies to back up environmental and sustainability claims about their products. Federal Reserve to announce its decision on raising interest rates. J.R. Whalen reports.

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Japan Prime Minister Fumio Kishida Visits Ukraine’s Volodymyr Zelensky

Wed, 22 Mar 2023 10:18:00 -0000

TikTok’s CEO to tell U.S. lawmakers the Chinese-owned app promises to shield user data from foreign access. First Republic Bank taps advisory firm Lazard to help review strategic options. Keith Collins hosts.

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U.S. Stocks Lifted by Banking Rally

Tue, 21 Mar 2023 20:32:00 -0000

JPMorgan shares rise 2.7%, while First Republic shares are up almost 30%. Bitcoin is up 21% so far this month, and about 70% year to date. J.R. Whalen reports.

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U.S. Home Prices Fell in February for First Time in 11 Years

Tue, 21 Mar 2023 16:43:00 -0000

Also: Treasury Secretary Janet Yellen says the government could protect depositors at additional banks if officials fear nother run on the banking system. More than two dozen U.S. state websites contain web-tracking code from TikTok parent ByteDance, according to a cybersecurity company report. J.R. Whalen reports.

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U.S. Warns China Against Using Taiwan Leader’s Stop to Raise Tensions

Tue, 21 Mar 2023 10:29:00 -0000

President Biden signs into law a measure to declassify U.S. intelligence on the origins of Covid-19. Tool maker Stanley Black & Decker plans to close factories in Texas and South Carolina. Keith Collins hosts.

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U.S. Stocks Rise on Hopes of Banking-Sector Stability

Mon, 20 Mar 2023 19:46:00 -0000

Plus: Amazon shares fall 1.25% after the company said it would cut another 9,000 jobs. Payment company Fleetcor Technologies shares rise 6.4% after striking an agreement with an activist shareholder to refresh its board and consider separating parts of its business. J.R. Whalen reports.

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Time to Curb Climate Change’s Worst Effects Is Running Out, U.N. Panel Says

Mon, 20 Mar 2023 15:10:00 -0000

Plus: Ukraine says Russia is struggling to regain its initiative in the war amid heavy losses. The Federal Reserve first raised concerns about Silicon Valley Bank’s risk management in 2019, documents show. J.R. Whalen reports.

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Credit Suisse Agrees to Be Bought by Swiss Rival UBS

Mon, 20 Mar 2023 10:35:00 -0000

The Federal Reserve and other major central banks move to boost dollar liquidity amid banking-sector turmoil. Russia’s Vladimir Putin hails deepening ties with China ahead of this week’s visit by Xi Jinping. Keith Collins hosts.

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Stocks Fall Broadly Amid Bank Uncertainty

Fri, 17 Mar 2023 21:11:00 -0000

Despite First Republic’s rescue, investors remain on edge about the banking sector’s stability. Gold futures and stocks in mining companies trade higher as regional bank shares fall. FedEx rallies after the shipping company raised its quarterly outlook, and Meta Platforms dips after verification subscription rollout. Danny Lewis reports.

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Silicon Valley Bank’s Parent Company Files For Bankruptcy

Fri, 17 Mar 2023 16:15:00 -0000

SVB Financial Group is seeking Chapter 11 protections after the bank’s failure. French President Emmanuel Macron is facing a no-confidence vote after pushing through changes to the country’s pension system. Turkey’s president approves Finland’s NATO membership bid. Danny Lewis reports.

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China’s Xi Jinping to Meet With Vladimir Putin in Moscow Next Week

Fri, 17 Mar 2023 10:11:00 -0000

The U.N. says global cocaine supply has risen to a record level. French drugmaker Sanofi plans to cut insulin prices in the U.S. by as much as 78%. Keith Collins hosts.

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Eleven Banks Deposit Billions to Rescue First Republic Bank

Thu, 16 Mar 2023 21:04:00 -0000

U.S. Stocks end the day higher with shares of First Republic Bank rising after 11 of the nation’s biggest banks deposit $30 billion. U.S. regional banks rally, and tech stocks look like a safe haven, for now. Charlotte Gartenberg reports.

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French Government Bypasses Parliament to Raise Retirement Age

Thu, 16 Mar 2023 16:05:00 -0000

President Macron’s government invokes special article to overhaul the French pension system. Treasury Secretary Janet Yellen testifies to Senate Finance Committee after the collapse of two midsize banks and Ernst and Young breakup deal might be in trouble. Charlotte Gartenberg reports.

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Credit Suisse Shares Jump as Bank Plans to Borrow Over $50 Billion

Thu, 16 Mar 2023 10:26:00 -0000

G-7 members oppose lowering a $60-a-barrel price cap on Russian crude oil. The U.S. is demanding TikTok’s Chinese owners sell their stakes to avoid facing a possible U.S. ban on the popular video app. Keith Collins hosts.

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Banking Sector Fears Push U.S. Stocks Lower

Wed, 15 Mar 2023 21:16:00 -0000

First Republic Bank falls 21.4% after the bank’s bonds were downgraded to junk-debt category. Exxon Mobil falls 5% as an energy-sector selloff picked up steam. J.R. Whalen reports.

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Retail Sales Fell 0.4% in February

Wed, 15 Mar 2023 15:25:00 -0000

Also: U.S. stocks drop sharply over banking-system concerns. U.S. to continue flying drones in international airspace after the collision with Russian jet fighters yesterday. J.R. Whalen reports.

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China’s Economy Rebounds as Retail Sales Rise

Wed, 15 Mar 2023 10:22:00 -0000

Creditors of SVB’s parent company form a group in anticipation of a potential bankruptcy filing. The Federal Reserve weighs stronger rules for midsize banks after the collapse of SVB and Signature Bank. Keith Collins hosts.

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U.S. Stocks Rally on February Inflation Data

Tue, 14 Mar 2023 21:04:00 -0000

Also: First Republic Bank shares rise 27% as many U.S. bank stocks rebound. Novo Nordisk shares are up 1.7% after the company announced plans to cut U.S. list prices for several insulin drug prices by up to 75%. J.R. Whalen reports.

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Inflation Cools Slightly as Fed Confronts Bank Failures

Tue, 14 Mar 2023 16:48:00 -0000

Plus: Justice Department, SEC investigating Silicon Valley Bank’s collapse and Facebook parent Meta plans 10,000 job cuts in a new round of layoffs. Mohsin Ali reports

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Regulators Plan Another Auction of Collapsed Lender SVB

Tue, 14 Mar 2023 10:24:00 -0000

President Biden seeks to strengthen gun background checks with a new executive order. Uber, Lyft and other gig-economy companies score a legal victory in California. Keith Collins hosts.

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Bank Shares Plunge in Volatile Trading Session

Mon, 13 Mar 2023 20:27:00 -0000

First Republic Bank shares fall 62% despite the bank telling investors it had shored up finances. Also: Bank sector selloff sparks a rally in the bond market. Pfizer shares rise 1.2% after agreeing to pay $43 billion to acquire Seagen. J.R. Whalen reports.

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Bank Stocks Decline Despite Emergency Measures

Mon, 13 Mar 2023 16:30:00 -0000

Plus: Pfizer agrees to buy Seagen for $43 billion, and China’s Xi to speak to Zelensky after he meets next week with Putin. Mohsin Ali reports

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SVB Depositors to Get Their Money as Part of Regulators’ Plan

Mon, 13 Mar 2023 10:20:00 -0000

China’s new No. 2 official aims to ease foreign investors’ concerns about the country’s economy. Activist investor Carl Icahn is preparing for a proxy fight at biotech company Illumina. Keith Collins hosts.

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Dow Falls Nearly 350 Points After Silicon Valley Bank Collapse

Fri, 10 Mar 2023 21:37:00 -0000

Also: PacWest Bancorp shares fall 38% and Western Alliance Bancorp shares fall 21% following the collapse. Boeing shares rise 1% after the FAA clears the company to resume delivery of 787 Dreamliners. J.R. Whalen reports.

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Stocks Edge Lower After Jobs Data Shows Robust Hiring

Fri, 10 Mar 2023 17:27:00 -0000

Plus: Saudi Arabia, Iran restore relations in deal brokered by China, and regulators shut down tech lender Silicon Valley Bank. Mohsin Ali reports.

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Shooting at Jehovah’s Witnesses Hall in Germany Kills Seven

Fri, 10 Mar 2023 11:21:00 -0000

Former President Donald Trump is invited to appear before a grand jury in connection with a hush-money investigation. The FTC is seeking to block Intercontinental Exchange from buying mortgage-software provider Black Knight. Keith Collins hosts.

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Dow Falls Almost 550 Points on Strong Job-Market Data

Thu, 09 Mar 2023 22:03:00 -0000

Plus: Silvergate Capital falls 42% after the crypto bank said it would voluntarily wind down operations. GE shares rise 5.3% after the company predicted wider aerospace profits after it splits in two early next year. J.R. Whalen reports.

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Jobless Claims Rose by 10% Last Week

Thu, 09 Mar 2023 16:42:00 -0000

Jobless Claims Rose by 10% Last Week

Also: Norfolk Southern CEO plans to tell Senate lawmakers the company will spend $20 million to reimburse residents of the small Ohio town where one of its trains derailed last month. Senate Minority Leader Mitch McConnell has been hospitalized after tripping and falling at a hotel. J.R. Whalen reports.

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Ukraine Struck by One of Russia’s Biggest Missile Barrages This Year

Thu, 09 Mar 2023 11:16:00 -0000

China’s inflation rate slows to one-year low, raising new questions about its economic rebound from Covid-19. President Biden to lay out a plan to cut federal budget deficits by almost $3 trillion over 10 years. Keith Collins hosts.

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U.S. Stocks Finish Mixed as Powell Warns Higher Rates Are Likely

Wed, 08 Mar 2023 21:52:00 -0000

Plus: Crowdstrike shares rise 3.2% after the company issued a better-than-expected revenue outlook. Occidental Petroleum shares rise 2.1% after Warren Buffett’s Berkshire Hathaway purchased 5.6 million shares over the past week.

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Job Openings Fell to 10.8 Million in January

Wed, 08 Mar 2023 16:36:00 -0000

Plus: South Korea approves the export of weapons components to Ukraine. U.S. auto-safety regulators open an investigation into Tesla’s Model Y SUV after the steering wheel detached on several vehicles. J.R. Whalen reports.

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U.S. to Ease Covid-19 Testing on Travelers From China

Wed, 08 Mar 2023 11:13:00 -0000

House Speaker Kevin McCarthy says he plans to meet with Taiwan’s president when she visits the U.S. The Federal Trade Commission demands Twitter turn over internal communications related to Elon Musk. Keith Collins hosts.

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Dow Falls 575 Points on Concerns of Faster Rate Hikes

Tue, 07 Mar 2023 20:40:00 -0000

Also: JetBlue shares fall 2.7% while Sprit shares rise 4.7% after the Justice Department files a lawsuit to block the airlines from merging. Weight Watchers shares jump 79% after the company says it is buying telehealth company Sequence. J.R. Whalen reports.

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Jerome Powell Says Fed Is Prepared to Accelerate Interest-Rate Rises

Tue, 07 Mar 2023 17:46:00 -0000

Plus: Russia steps up shelling in Kherson as Ukraine calls on residents to evacuate, and two of four Americans kidnapped in Matamoros, Mexico, found dead. Mohsin Ali reports.

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China’s Xi Jinping Takes Rare Direct Aim at U.S. in Speech

Tue, 07 Mar 2023 11:24:00 -0000

The Biden administration weighs detaining migrant families who cross the U.S. border illegally. And, Tesla is cutting prices again in its latest effort to boost demand in a competitive market. Kate Bullivant hosts.

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U.S. Stocks Finish Mixed on Interest-Rate Concerns

Mon, 06 Mar 2023 21:51:00 -0000

Plus: Apple shares rise 1.9% after Goldman Sachs gives the stock a “buy” rating . Norfolk Southern shares fall 2.6% after the company says it will add temperature detectors along its tracks after last month’s derailment in Ohio. J.R. Whalen reports.

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Ukraine Shoots Down Drones as Russia Slowly Advances in Bakhmut

Mon, 06 Mar 2023 18:25:00 -0000

Plus: Tesla cuts prices of Model X and Model S. Marlboro maker Altria ditches Juul and buys NJOY. Mohsin Ali reports.

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U.S. Manufacturing Shows Signs of Weakness

Mon, 06 Mar 2023 11:19:00 -0000

South Korea reaches a deal with Japan to resolve a historic forced-labor dispute. And a shadow presidential contest revs up as former President Donald Trump and Florida Governor Ron DeSantis head to Iowa. Kate Bullivant hosts.

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U.S. Stocks Rise on Strong Services Output

Fri, 03 Mar 2023 21:47:00 -0000

Plus: Apple shares rose 3.5% after Foxconn, its main manufacturer, considers a major expansion in India. Dell Technologies shares fall about 1% after the computer maker issues a cautious earnings outlook. J.R. Whalen reports.

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Alex Murdaugh Gets Two Life Sentences for Murder of Wife and Son

Fri, 03 Mar 2023 17:43:00 -0000

Plus: Apple supplier Foxconn plans major India expansion. Chip designer Arm intends to list in New York. Mohsin Ali reports.

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U.S. Exports Limits Target 28 Chinese Entities

Fri, 03 Mar 2023 11:14:00 -0000

A raft of crypto companies have cut ties with Silvergate Capital, one of the top banks for the digital-currency market. And Apple blocks the update of an email-app with AI-powered language tools. Kate Bullivant hosts.

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U.S. Stocks Close Higher as Interest-Rate Concerns Ease

Thu, 02 Mar 2023 20:03:00 -0000

Plus: Tesla shares fall after CEO Elon Musk details the electric carmaker’s vision. Salesforce shares jump a day after projecting stronger revenue and profit margins. J.R. Whalen reports.

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Blinken Meets With Russian Counterpart Over Ukraine War

Thu, 02 Mar 2023 16:42:00 -0000

Plus: U.S. approval of missiles for F-16 jets to Taiwan pushes total U.S. arms commitment over $20 billion. North Korea is experiencing one of its worst food crises in decades. J.R. Whalen reports.

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U.S. Unveils Cyber Strategy, Shifting Liability to Companies

Thu, 02 Mar 2023 11:22:00 -0000

A new report finds China overtaking the U.S. in key technology research. And Salesforce shares surge in off-hours trading as the software maker forecasts rising profitability. Luke Vargas hosts.

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U.S. Stocks Finish Mixed on Strong Manufacturing Data

Wed, 01 Mar 2023 21:56:00 -0000

Plus: Kohl’s shares down 1.9% after the retailer reported a fourth-quarter loss and a weaker-than-expected profit forecast. Delta shares rose 0.4% after the airline’s pilots ratified a four-year contract providing 34% raises. J.R. Whalen reports.

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Eli Lilly to Cut Prices on Several Insulin Drugs

Wed, 01 Mar 2023 17:19:00 -0000

Also: Jobs-site data indicate weakening demand for U.S. workers. Chicago mayor Lori Lightfoot loses her bid for re-election after finishing third in a runoff. J.R. Whalen reports.

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China’s Economy Shows Signs of Rebounding After Lifting of Covid Controls

Wed, 01 Mar 2023 11:25:00 -0000

The head of the FBI says the pandemic was probably caused by a lab leak in China. Grocery-delivery company Instacart’s sales and profit jumped sharply in the fourth quarter of 2022. Keith Collins hosts.

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U.S. Stocks Finish February in the Red

Tue, 28 Feb 2023 21:56:00 -0000

Also, Goldman Sachs shares fall 3.8-percent after CEO says “strategic alternatives” are planned for its consumer platforms business. Novavax shares fall 25% after hours. Drugmaker says there is “substantial doubt” about its ability to continue operating this year.

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Chips Act to Benefit Pentagon in U.S. Bid to Compete With China

Tue, 28 Feb 2023 17:25:00 -0000

Plus: Goldman Sachs considers shrinking its consumer business. Home-price growth slowed in 2022, Case-Shiller says. Student-debt showdown reaches Supreme Court. Mohsin Ali reports.

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White House Says No Consensus on Covid-19 Origin

Tue, 28 Feb 2023 11:18:00 -0000

Hong Kong is scrapping its nearly three-year-long mask mandate as it tries to revive its economy. Telehealth startup Cerebral is cutting 15% of its workforce. Keith Collins hosts.

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U.S. Stocks Finish With Modest Gains

Mon, 27 Feb 2023 21:45:00 -0000

Plus: Shares of Pfizer rise 2.3%. Altria shares fall 1.3%. The cigarette maker is reportedly in advanced talks to acquire e-cigarette startup NJOY. J.R. Whalen reports.

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EU Reach Deal Over Northern Ireland Trade Issue

Mon, 27 Feb 2023 17:52:00 -0000

Janet Yellen visits Ukraine to discuss economic support. Apartment rents fall, a signal tenants may be maxed out. Mohsin Ali reports.

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Lab Leak Most Likely Origin of Covid Pandemic, U.S. Energy Department Says

Mon, 27 Feb 2023 11:21:00 -0000

Drugmaker Pfizer is in talks to acquire biotech company Seagen. Twitter cut more jobs over the weekend. Keith Collins hosts.

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U.S. Stocks Fall on Inflation Concerns

Fri, 24 Feb 2023 19:17:00 -0000

Plus: Ford Motor shares fall 1.6% as the automaker extends a production halt of its F-150 Lightning EV until next week. Mortgage rates have hit their highest levels since November. J.R. Whalen reports.

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Western Allies Issue Fresh Sanctions Against Russia

Fri, 24 Feb 2023 17:21:00 -0000

U.S. offers $2 billion in weapons to Ukraine on anniversary of Russian invasion. U.S. stocks fall after new data shows continued strong inflation and higher consumer spending. Mohsin Ali reports.

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Ukraine Marks One-Year Anniversary of Russian Invasion

Fri, 24 Feb 2023 11:48:00 -0000

North Korea cruise missiles fly in figure-eight patterns in its latest test launch. U.S. Justice Department claims that Google destroyed evidence related to an antitrust lawsuit. Keith Collins hosts.

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Stocks Finish Higher Despite Interest-Rate Concerns

Thu, 23 Feb 2023 21:38:00 -0000

Plus: Moderna stock falls 6.7% after the drugmaker reported lower quarterly earnings. Lordstown Motors shares fall 11.4% after the electric-vehicle startup issued a recall of its Endurance pickup. J.R. Whalen reports.

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Ohio Train Derailment Caused by Overheated Rail-Car Wheel, NTSB Says

Thu, 23 Feb 2023 15:59:00 -0000

Plus: U.S. plans to more than quadruple the number of troops in Taiwan amid threat from China. FTX founder Sam Bankman-Fried faces more criminal charges stemming from the crypto exchange’s collapse. J.R. Whalen reports.

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U.S. Weighs Detailing China’s Potential Arms Aid to Russia

Thu, 23 Feb 2023 11:00:00 -0000

The Biden administration aims to create at least two semiconductor-manufacturing clusters by 2030 with Chips Act funds. TikTok is banned on European Commission staff work devices. Keith Collins hosts.

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Most Fed Officials Favor 0.25% Interest-Rate Increases

Wed, 22 Feb 2023 21:22:00 -0000

Dow and S&P finish lower, while the Nasdaq gains. And, Palo Alto Networks shares rise 12.5% after the cybersecurity company reported a quarterly profit. J.R. Whalen reports.

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Severe Winter Weather Forces Cancellation of Thousands of Flights

Wed, 22 Feb 2023 18:06:00 -0000

Plus: Supreme Court to decide if social-media companies including Twitter are responsible for allowing Islamic State to incite violence. T.J. Maxx owner TJX reports stronger sales as consumers seek affordable apparel and accessories. J.R. Whalen reports.

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President Biden to Meet With Leaders of Eastern European NATO Members

Wed, 22 Feb 2023 11:04:00 -0000

A U.S. jury convicts Mexico’s former top cop of drug trafficking. Amazon’s deal to buy One Medical health clinics won’t be blocked by U.S. antitrust regulators. Keith Collins hosts.

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Dow Falls Nearly 700 Points on Interest-Rate Concerns

Tue, 21 Feb 2023 21:44:00 -0000

Also: Home Depot falls 7% after the company warned of lower profits this year. Walmart shares up 0.6% after the retailer reports larger-than-expected profits. J.R. Whalen reports.

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Putin Suspends Last Nuclear-Arms Treaty Between U.S. and Russia

Tue, 21 Feb 2023 18:25:00 -0000

China’s Xi Jinping plans Russia visit to push for multiparty peace talks, WSJ reports. U.S. home sales fall for 12th straight month amid high interest rates. Mohsin Ali reports.

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President Biden to Deliver Speech in Poland After Ukraine Visit

Tue, 21 Feb 2023 11:45:00 -0000

Another powerful earthquake strikes southern Turkey and Syria. Videogame maker Tencent is in talks to sell Facebook owner Meta’s Quest 2 virtual-reality headset in China. Keith Collins hosts.

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U.S. Stocks Rally Reverses as Rate Expectations Rise

Fri, 17 Feb 2023 21:56:00 -0000

U.S. stocks mixed and government bonds fell as the U.S. dollar strengthened and investors bet on a continued rise in interest rates. Early Q4 reports fall below historic averages, Moderna takes a hit after a mixed vaccine trial and DraftKings and WWE are up. Charlotte Gartenberg reports.

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Stocks Fall as Rate Expectations Rise

Fri, 17 Feb 2023 17:44:00 -0000

China’s securities regulator releases long-awaited rules on overseas listings. Deere earnings double and sales rise on higher production. Mohsin Ali hosts.

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U.S. Aid Watchdogs Want to Deploy Staff to Ukraine War Zone

Fri, 17 Feb 2023 11:10:00 -0000

The Securities and Exchange Commission files charges against fugitive cryptocurrency developer Do Kwon. Microsoft defends its new Bing search engine powered by the technology behind AI chatbot ChatGPT. Keith Collins hosts.

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U.S. Stocks Fall as Inflation, Interest Rate Concerns Rise

Thu, 16 Feb 2023 21:53:00 -0000

Plus: Tesla shares fell 5.7% after the carmaker recalled 362,800 vehicles equipped with its advanced driver assistance feature. DoorDash says fourth-quarter revenue rose 40% compared to a year earlier. Shares rose about 6% after hours. J.R. Whalen reports.

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Stocks Slide as Producer Prices Rose 6% in January

Thu, 16 Feb 2023 16:11:00 -0000

U.S. stocks trade lower in midday trading as a result of continued growth in the Producer Price Index. Also, Goldman Sachs is pausing efforts to acquire or launch new credit-card programs, according to people familiar with the matter. J.R. Whalen reports.

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China’s Top Diplomat Visits Europe in Bid to Ease Concerns

Thu, 16 Feb 2023 11:11:00 -0000

Former White House chief of staff Mark Meadows is subpoenaed by the special counsel investigating Donald Trump’s efforts to overturn the 2020 election results. The founder of the online forum WallStreetBets sues Reddit. Keith Collins hosts.

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U.S. Stocks Rise as Retail Sales Spark Rate Concerns

Wed, 15 Feb 2023 20:56:00 -0000

Plus: Apple shares rise 1.4% as the Justice Department ramps up antitrust complaint against the company, according to WSJ report. Tesla shares rise 2.4%. The carmaker plans to open parts of its supercharger network to other kinds of vehicles. J.R. Whalen reports.

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Retail Sales Rose 3% in January

Wed, 15 Feb 2023 17:28:00 -0000

Plus: Kraft Heinz says sales and profit rose last quarter as consumers paid higher food prices. U.K. says Russia has deployed nearly its entire army in Ukraine. J.R. Whalen reports.

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Jair Bolsonaro Says He Will Return to Brazil to Lead Opposition

Wed, 15 Feb 2023 11:26:00 -0000

The FAA plans a safety meeting of aviation leaders to address recent near-collisions of planes at airports. Elon Musk says a new Twitter CEO could be named by the end of the year. Keith Collins hosts.

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U.S. Stocks Finish Mixed After Inflation Data Released

Tue, 14 Feb 2023 22:18:00 -0000

Plus: Marriott shares rise 4% as travelers pay higher rates. Berkshire Hathaway reveals it owned 28% stake in Occidental Petroleum as of Dec. 31. J.R. Whalen reports.

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Inflation Slowed to 6.4% in January

Tue, 14 Feb 2023 17:14:00 -0000

Plus: European Union approves law that would effectively ban gas- and diesel-powered vehicles in 2035. Coca-Cola reports global revenue rose 7% last quarter. J.R. Whalen reports.

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Three People Killed in Shooting at Michigan State University; Suspect Dead

Tue, 14 Feb 2023 10:57:00 -0000

President Biden is expected to name Federal Reserve Vice Chair Lael Brainard to lead the White House National Economic Council. Ford is planning to cut 3,800 jobs in Europe to help reduce costs. Keith Collins hosts.

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U.S. Stocks Rally Ahead of Inflation Data

Mon, 13 Feb 2023 21:46:00 -0000

Plus: Toyota shares rise 0.3% after new CEO says automaker will accelerate electric-vehicle parts and manufacturing methods. Shares of Cineworld, owner of Regal Cinemas, up 27% as rival Vue International reportedly plans to launch a takeover bid. J.R. Whalen reports.

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After Earthquakes, Turkey Makes Arrests Related to Collapsed Buildings

Mon, 13 Feb 2023 16:42:00 -0000

Plus: Norad officials say radar system hadn’t been outfitted to watch for slow-moving objects like balloons. U.S. to purchase 1.5 million Covid-19 doses from Novavax before government hands off purchasing of shots to commercial market. J.R. Whalen reports.

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U.S. Shoots Down a Fourth Object Flying Over North America

Mon, 13 Feb 2023 11:59:00 -0000

Russian paramilitary forces claim gains outside the city of Bakhmut in eastern Ukraine. Cryptocurrency company Paxos Trust faces a potential lawsuit from the SEC. Keith Collins hosts.

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U.S. Stocks Finish Mixed As Economic Outlook Dims

Fri, 10 Feb 2023 20:37:00 -0000

Also: Disney shares down 2% after a bill allowing Florida to take over the company’s tax-free district passes the state senate. Lyft shares fall 36% a day after reporting an unexpected quarterly loss. J.R. Whalen reports.

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Russian Move to Cut Oil Production Sends Prices Higher

Fri, 10 Feb 2023 16:16:00 -0000

Plus: Moldova says Russian missile entered its airspace, heightening fears that war could spill over Ukraine’s borders. Democrats shelve backup plan to raise debt ceiling. J.R. Whalen reports.

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EU Leaders Back Looser Subsidy Rules in Response to U.S. Green Spending

Fri, 10 Feb 2023 11:18:00 -0000

Former Vice President Mike Pence is subpoenaed by the special counsel investigating Donald Trump. Crypto exchange Kraken agrees to end its “staking” services as part of an SEC settlement. Keith Collins hosts.

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U.S. Stocks Fall Amid Economic-Growth Concerns

Thu, 09 Feb 2023 21:44:00 -0000

Plus: Alphabet shares fall 4.5% as investors’ concerns mount over its artificial-intelligence products. Lyft shares fall more than 20% after hours as net loss widens. J.R. Whalen reports.

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Chinese Balloon Carried Intelligence-Gathering Equipment, U.S. Says

Thu, 09 Feb 2023 17:40:00 -0000

House passes resolution condemning China for spy balloon. Nelson Peltz ends Disney proxy fight after company announces corporate restructuring. Kellogg sales rise 12% as consumers remain undeterred by higher prices. J.R. Whalen reports.

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Hopes of Finding More Survivors Dwindle in Turkey, Syria

Thu, 09 Feb 2023 11:23:00 -0000

Credit Suisse reports another quarterly loss as it moves forward with a plan to break up its investment-banking business. Third Point joins a string of activist investors in holding a stake in software company Salesforce. Keith Collins hosts.

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U.S. Stocks Fall Amid Interest Rate Concerns

Wed, 08 Feb 2023 22:19:00 -0000

Plus: CVS shares rise 3.5% after agreement to acquire Oak Street Health. Walt Disney shares rose more than 8% after hours following the announcement of its plans to lay off 7,000 workers. J.R. Whalen reports.

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CVS Strikes $10.6 Billion Deal to Buy Primary-Care Provider Oak Street

Wed, 08 Feb 2023 18:12:00 -0000

Plus: Microsoft deal with Activision would harm gamers, U.K. regulator says. Egg prices drop for retailers, but shoppers yet to see relief. J.R. Whalen reports.

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Turkey, Syria Earthquake Death Toll Rises Above 9,500

Wed, 08 Feb 2023 10:59:00 -0000

President Biden uses his State of the Union address to try to sell Americans on his economic agenda. Google plans to outline new AI search features as rival Microsoft focuses on the popular ChatGPT technology. Keith Collins hosts.

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U.S. Stocks Rise After Powell Comments

Tue, 07 Feb 2023 21:43:00 -0000

Plus: Shares of Bed Bath & Beyond fall 49% after the retailer secured investor backing for more than $1 billion in financing. Boeing shares declined 3.8% after the company said it plans to cut about 2,000 jobs. J.R. Whalen reports.

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China Has More ICBM Missile Launchers Than U.S., Military Says

Tue, 07 Feb 2023 16:09:00 -0000

Plus: Migrants seeking work in U.S. are being hired more quickly and at higher pay. U.S. trade deficit hit a record in 2022. J.R. Whalen reports.

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Earthquakes’ Death Toll in Turkey, Syria Rises Over 5,000

Tue, 07 Feb 2023 11:15:00 -0000

President Biden plans to propose quadrupling the new stock-buyback tax during today’s State of the Union address. Struggling retailer Bed Bath & Beyond strikes an investor deal for over $1 billion in a bid to avoid bankruptcy. Keith Collins hosts.

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U.S. Stocks Decline On Job-Market Worries

Mon, 06 Feb 2023 21:58:00 -0000

Plus: Tyson Foods shares down 4.6-percent after reporting disappointing quarterly earnings. Dell shares fell 3% after the company said it will cut 5% of its workforce. J.R. Whalen reports.

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Rescue Operations Underway After Quakes in Turkey and Syria

Mon, 06 Feb 2023 16:51:00 -0000

International organizations and governments pledge assistance in quakes’ aftermath. China confirms second balloon over Latin America. Ukraine warns Russia is planning major offensive. J.R. Whalen reports.

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Earthquake in Turkey and Syria Kills Over 1,300 People

Mon, 06 Feb 2023 11:27:00 -0000

China previously sent surveillance balloons over the U.S. that went undetected. U.S. gold producer Newmont makes a roughly $17 billion offer for Australian peer Newcrest. Keith Collins hosts.

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U.S. Stocks Fall in Response to Strong Jobs Report

Fri, 03 Feb 2023 21:25:00 -0000

Plus: Apple shares rose 2.4% a day after reporting revenue decline. Ford shares fell 7.6% as the automaker continues to deal with supply-chain issues. J.R. Whalen reports.

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U.S. Unemployment Drops to 3.4%, Lowest in 53 Years

Fri, 03 Feb 2023 16:53:00 -0000

Employers added 517,000 jobs in January. Blinken trip to China postponed after spy balloon spotted over U.S. Federal Trade Commission prepares possible antitrust suit against Amazon. J.R. Whalen reports.

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Chinese Spy Balloon Tracked Over U.S. - China Says It Is Looking into the Allegation

Fri, 03 Feb 2023 11:10:00 -0000

Activist investor Nelson Peltz steps up pressure on Disney board. FBI to search Mike Pence’s home for additional classified materials. Mohsin Ali hosts.

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Apple Reports First Revenue Decline in Nearly Four Years

Thu, 02 Feb 2023 22:25:00 -0000

Manufacturing issues in China were partly to blame. Also: Meta Platforms rises 23% after saying it expects lower costs in 2023. J.R. Whalen reports.

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Cuts to Social Security, Medicare Sidelined in Debt-Ceiling Talks

Thu, 02 Feb 2023 16:40:00 -0000

Plus: Pharmaceutical companies raise prices on nearly a thousand drugs by an average of 5.6%. European Central Bank raises interest rates by 0.5 percentage point. J.R. Whalen reports.

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U.S., Philippines Reach Agreement on Additional Military Bases

Thu, 02 Feb 2023 11:08:00 -0000

U.S. House Speaker Kevin McCarthy expresses some optimism over debt-ceiling talks with President Biden. Shell reports a record annual profit. Keith Collins hosts.

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Fed Raises Interest Rates by 0.25%; U.S. Stocks Rise

Wed, 01 Feb 2023 22:22:00 -0000

Plus: Facebook parent Meta Platforms reports third straight quarter of declining sales. Peloton reports a 30% drop in sales, but subscriber count holds steady. J.R. Whalen reports.

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Justice Department Conducts Search at Biden’s Beach House

Wed, 01 Feb 2023 16:58:00 -0000

Plus: Job openings rose sharply in December to highest level since last summer. NFL quarterback Tom Brady says he is retiring for good. J.R. Whalen reports.

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Eurozone Inflation Eases for Third Straight Month

Wed, 01 Feb 2023 11:11:00 -0000

President Biden plans to propose a rule to lower credit-card late fees. In Australia, a missing radioactive capsule is found. Intel’s CEO will take a pay cut. Keith Collins hosts.

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U.S. Stocks Rally Ahead of Fed’s Rates Decision

Tue, 31 Jan 2023 22:05:00 -0000

Plus: Caterpillar shares fall 3.5% after Q4 profit misses expectations. Exxon Mobil rise 2.2% after posting record annual profits in 2022. J.R. Whalen reports.

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George Santos Says He Won’t Serve on Committees

Tue, 31 Jan 2023 16:58:00 -0000

Plus: Exxon posts record annual profit of $55.7 billion. Home prices fell 0.6% in November as higher mortgage rates made homes less affordable. J.R. Whalen reports.

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President Biden to End Covid-19 Health Emergency Declarations in May

Tue, 31 Jan 2023 11:11:00 -0000

The U.S. is considering cutting off Chinese telecom giant Huawei from American suppliers. Samsung expects sluggish demand for chips and smartphones to drag on. Keith Collins hosts.

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U.S. Stocks Finish Lower Ahead of Fed Decision, Earnings Reports

Mon, 30 Jan 2023 21:35:00 -0000

Plus: Ford shares down 2.9% after saying it will cut prices of some Mach-E electric SUVs. Johnson & Johnson fell 3.7-percent after an appeals court rejected the company’s legal plan to resolve 38,000 talc-related lawsuits. J.R. Whalen reports.

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Ford Cuts Prices on Mustang Mach-E Electric SUV

Mon, 30 Jan 2023 16:13:00 -0000

Plus: Ukrainian President Volodymyr Zelensky calls for faster weapons deliveries from the West. TikTok CEO agrees to meet with House lawmakers as they step up scrutiny of the Chinese-owned video-sharing app. J.R. Whalen reports.

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Israel Carried Out Weekend Drone Strike in Iran

Mon, 30 Jan 2023 11:14:00 -0000

China’s Baidu is developing an AI-powered chatbot similar to ChatGPT. Nissan and Renault shake up their longtime alliance. Keith Collins hosts.

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U.S. Stocks Rise With Eye Toward Moderating Inflation

Fri, 27 Jan 2023 21:34:00 -0000

Plus: Tesla shares rise 11% on the heels of this week’s earnings report. American Express shares up 10.6% as restaurant, travel and entertainment spending increased in the last quarter. J.R. Whalen reports.

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Americans Spent Less in December, Another Sign of a Slowing Economy

Fri, 27 Jan 2023 16:32:00 -0000

Plus: Chevron posts record annual profit amid higher oil prices. CVS, Walmart to cut pharmacy hours as staffing squeeze continues. J.R. Whalen reports. Correction: Walmart is cutting pharmacy hours. A previous version of this podcast incorrectly said it was Walgreens.

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GOP to Pick Party Leader as Some Oppose Re-Electing Ronna McDaniel

Fri, 27 Jan 2023 11:13:00 -0000

FDA advisers support the idea of an annual, updated Covid-19 vaccine similar to the process for flu shots. Hasbro plans to shed 15% of its global workforce. Keith Collins hosts.

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U.S. Stocks Rally on Upbeat GDP Report

Thu, 26 Jan 2023 21:40:00 -0000

Plus: Tesla shares rise 11% a day after reporting record profits. Bed Bath & Beyond shares fall more than 22% after banks determined the retailer defaulted on its loans. J.R. Whalen reports.

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U.S. Economy Cooled to 2.9% Annual Rate in Fourth Quarter

Thu, 26 Jan 2023 16:23:00 -0000

Plus: U.S. pressures Turkey to stop Russian airlines from flying American-made planes to and from the country. Southwest Airlines reports quarterly loss after last month’s widespread cancellations. J.R. Whalen reports.

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DOT Probes Southwest Airlines’ Holiday-Travel Meltdown

Thu, 26 Jan 2023 11:12:00 -0000

Toyota’s CEO is stepping down to become chairman. Meta is paying Buzzfeed millions of dollars to generate content for Facebook and Instagram. Keith Collins hosts.

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Tesla Reports Record Q4 Profit

Wed, 25 Jan 2023 22:11:00 -0000

Plus: AT&T shares rise 6.6% after reporting wireless subscriber growth. We report exclusively that Juul Labs is in early-stage deal talks with several tobacco companies. J.R. Whalen reports.

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States’ Abortion-Pill Restrictions Challenged in Lawsuits

Wed, 25 Jan 2023 16:54:00 -0000

Plus: Boeing reports another quarterly loss, reiterates plans to increase jet production this year. Refinancing and home-purchase activity on the rise as mortgage rates decline. J.R. Whalen reports.

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Germany Agrees to Send Tanks to Ukraine

Wed, 25 Jan 2023 11:18:00 -0000

Sen. Joe Manchin says he will introduce a bill to delay new electric-vehicle tax credits. Tesla plans a $3.6 billion expansion at its plant near Reno, Nev. Keith Collins hosts.

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U.S. Stocks Finish Mixed; Microsoft Reports Sluggish Sales

Tue, 24 Jan 2023 22:30:00 -0000

Plus: Alphabet shares close down 2% as the Justice Department seeks to break up Google’s advertising business. Microsoft sales rose last quarter at the slowest pace in more than six years. J.R. Whalen reports.

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U.S. May Send Abrams M1 Tanks to Ukraine

Tue, 24 Jan 2023 16:59:00 -0000

Military officials have warned the tanks require significant training and logistics support. “Everything Everywhere All At Once” emerges as frontrunner with 11 Academy Award nominations. J.R. Whalen reports.

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White House Doesn’t Commit to Cooperating With GOP’s Document Probes

Tue, 24 Jan 2023 11:09:00 -0000

Elon Musk testifies in federal court that he had the funding to take Tesla private in 2018. Google’s CEO says the company will cut executives’ bonuses. Keith Collins hosts.

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U.S. Stocks Rally as Fed Set for Smaller Interest-Rate Increases

Mon, 23 Jan 2023 21:42:00 -0000

Plus: Microsoft up 1% after company announces investment in OpenAI. Gas prices have risen for four straight weeks. J.R. Whalen reports.

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Fed Prepares for Smaller Interest-Rate Hike at Next Meeting

Mon, 23 Jan 2023 17:46:00 -0000

Nasdaq gains 2% and Dow adds 300 points in early trading. FDA proposes annual Covid-19 vaccinations. U.S. weapons industry unprepared for a China conflict, report says. J.R. Whalen reports.

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Suspect in Monterey Park Shooting Fatally Shot Himself, Police Say

Mon, 23 Jan 2023 10:57:00 -0000

Banks plan a digital-wallet service to compete with PayPal and Apple Pay. Activist investor Elliott takes a significant stake in Salesforce. Keith Collins hosts.

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Nasdaq Posts Third Week of Gains; Dow, S&P Fall for the Week

Fri, 20 Jan 2023 22:07:00 -0000

All three indexes post strong daily gains. Federal Reserve investigates Goldman Sachs’ consumer banking business, WSJ reports. Match Group bets on premium service for online dating app Hinge. Julie Chang reports.

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U.S. Home Sales Slip for 11th Straight Month

Fri, 20 Jan 2023 17:02:00 -0000

Plus: U.S. urges Germany to send German-made tanks to Ukraine. Tesla CEO Elon Musk expected to take stand in trial over 2018 tweets. Charlotte Gartenberg reports.

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Crypto Lender Genesis Files for Bankruptcy

Fri, 20 Jan 2023 10:58:00 -0000

Google parent Alphabet says it plans to cut 12,000 jobs. And Japan’s core inflation hits 4% for the first time in four decades. Kate Bullivant hosts.

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U.S. Stocks Decline for Third Straight Day

Thu, 19 Jan 2023 21:40:00 -0000

Plus: Netflix says co-CEO Reed Hasitngs to transition to executive chairman. Procter & Gamble down 2.1% after reporting lower quarterly profit. J.R. Whalen reports.

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U.S. Reaches Borrowing Limit, Kicking Off Debt-Ceiling Debate

Thu, 19 Jan 2023 16:57:00 -0000

Plus: Weekly jobless claims fall to lowest level since September. Procter & Gamble reports lower quarterly profit as consumers cut back on purchases. J.R. Whalwen reports.

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New Zealand Prime Minister Jacinda Ardern to Step Down

Thu, 19 Jan 2023 11:04:00 -0000

The U.S. Treasury is set to begin using special measures to pay bills while lawmakers debate over the nation’s debt ceiling. Cryptocurrency lender Genesis is preparing to file for bankruptcy. Keith Collins hosts.

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Renewed Recession Concerns Send U.S. Stocks Sharply Lower

Wed, 18 Jan 2023 22:01:00 -0000

Plus: Microsoft shares fall on plan to lay off 10,000 employees. Moderna plans to seek U.S. regulatory approval to sell RSV vaccine. Party City files for bankruptcy protection. J.R. Whalen reports.

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Microsoft to Lay Off 10,000 Workers

Wed, 18 Jan 2023 17:08:00 -0000

Plus: U.S. retail sales fell 1.1% in December as Americans cut back on holiday shopping. Producer prices rose last month at the slowest pace in nearly two years. J.R. Whalen reports.

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Ukraine’s Interior Minister Is Killed in Kyiv Helicopter Crash

Wed, 18 Jan 2023 11:05:00 -0000

The U.S. Justice Department considered but rejected a role in monitoring a search for classified documents at President Biden’s homes. Microsoft plans to announce more layoffs as soon as today. Keith Collins hosts.

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Dow Loses 400 Points After Goldman Sachs Earnings Decline

Tue, 17 Jan 2023 22:17:00 -0000

Plus: Morgan Stanley revenue and profit beat expectations. Travelers shares fall 4.6% after insurer issues l arge cost estimates from winter storms. Bitcoin price stabilizes above $20,000 for first time since FTX collapse. J.R. Whalen reports.

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Goldman Sachs Profit Falls 66% as Deals Dry Up

Tue, 17 Jan 2023 16:56:00 -0000

Plus: OPEC says China’s reopening might not boost global oil demand. U.K. legislators consider new social-media law threatening tech CEOs with jail time. J.R. Whalen reports.

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China’s GDP Growth Dropped to Near-Historic Lows in 2022

Tue, 17 Jan 2023 11:11:00 -0000

The population of China dropped last year for the first time since the early 1960s. Electric vehicles accounted for 10% of all new cars sold globally last year. Activist investor Ryan Cohen bulbs a stake in Chinese e-commerce giant Alibaba. Keith Collins hosts.

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U.S. Stocks Finish Positive for the Week

Fri, 13 Jan 2023 21:43:00 -0000

Plus: Big bank earnings give Wall Street insight into how companies are faring in a slowing economy. Tesla shares fall about 0.9% after the car company slashes prices on some vehicles sold in the U.S. J.R. Whalen reports.

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Goldman Sachs Has Lost $3 Billion From Its Push Into Consumer Lending

Fri, 13 Jan 2023 16:36:00 -0000

Plus: JPMorgan Chase profit rose 6% last quarter; Citigroup profit fell 21%. Johnson & Johnson vastly scales back efforts to produce its Covid-19 vaccine. J.R. Whalen reports.

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China Brings Back Boeing 737 MAX Commercial Flights

Fri, 13 Jan 2023 11:05:00 -0000

ConocoPhillips is in preliminary talks to sell Venezuelan oil in the U.S. BlackRock is taking a stake in a 401(k) startup catering to small businesses. Keith Collins hosts.

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U.S. Stocks Rise as Inflation Slows

Thu, 12 Jan 2023 20:35:00 -0000

Plus: U.S. airline stocks rise after American boosts quarterly revenue projections. Beyond Meat shares climb 3.7-percent after the chief brand manager announces her departure. J.R. Whalen reports.

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U.S. Inflation Slowed to 6.5% in December

Thu, 12 Jan 2023 17:15:00 -0000

Plus: U.S. cancer mortality rate has fallen by a third since 1991, according to the American Cancer Society. American Airlines raises quarterly revenue projections thanks to strong holiday-season air travel. J.R. Whalen reports.

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China Inflation Picks Up as Covid-19 Restrictions Fall

Thu, 12 Jan 2023 11:02:00 -0000

President Biden’s aides find additional classified documents at a second location. Sandwich chain Subway explores a sale of the company. Keith Collins hosts.

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U.S. Stocks Rise on Hopes for Lower Inflation

Wed, 11 Jan 2023 20:45:00 -0000

Plus: Alphabet shares rise 3.4% after the company’s healthcare unit announced more than 200 employee layoffs. After the bell, Disney shares climb more than 1% after shareholder activist Trian Fund Management said it would launch a proxy fight for a seat on the company’s board. J.R. Whalen reports.

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U.S. Flights Resume After FAA Software Glitch

Wed, 11 Jan 2023 17:03:00 -0000

Plus: Federal appeals court hears arguments on whether lawsuits challenging election laws as discriminatory should be restricted. Another round of heavy rain expected to hit northern California today. J.R. Whalen reports.

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U.S., Allies Prepare New Sanctions on Russian Oil Industry

Wed, 11 Jan 2023 11:05:00 -0000

Congressional leaders press President Biden for answers over classified documents found at an office he used. Tesla considers a $775 million factory expansion in Texas. Keith Collins hosts.

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U.S. Stocks Rise; Fed Chairman Reasserts Plan to Fight Inflation

Tue, 10 Jan 2023 22:04:00 -0000

Plus: Shares of Coca-Cola and PepsiCo each fall 0.8% after FTC says it’s investigating the companies’ pricing practices. Coinbase shares rise 13% after the company says it will eliminate about 20% of its staff. J.R. Whalen reports.

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Biden Releases Student-Loan Forgiveness Plan for Low Earners

Tue, 10 Jan 2023 16:23:00 -0000

Plus: World Bank lowers global economic growth estimates amid high inflation. Meta to remove gender as an option for advertisers to target teens on Facebook and Instagram. J.R. Whalen reports.

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Classified Documents Found at President Biden’s Think Tank

Tue, 10 Jan 2023 10:59:00 -0000

Beijing restricts entry of South Korean travelers after Seoul imposed Covid-19 curbs on travel from China. Disney says it will require employees to return to the office four days a week. Keith Collins hosts.

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U.S. Stocks Finish Mixed

Mon, 09 Jan 2023 21:30:00 -0000

Plus: Tesla’s 5.9% rise is the best performance in the S&P 500. Lululemon shares fall 9.3% after warning quarterly profit margins are likely to fall. J.R. Whalen reports.

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Earth’s Ozone Layer Recovering, Scientists Say

Mon, 09 Jan 2023 17:04:00 -0000

Plus: Health officials in China say one of country’s most populous regions has passed the peak of the current Covid-19 wave. American Academy of Pediatrics recommends weight-loss drugs for obese children 12 or older. J.R. Whalen reports.

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Brazil Police Arrest 300 Following Capital Attack

Mon, 09 Jan 2023 11:03:00 -0000

Biden summit with López Obrador, Trudeau to focus on migration, supply chains. Machinery manufacturer Deere to allow farmers to repair their own equipment. Mohsin Ali hosts.

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U.S. Stocks Rally on Slower Wage Growth in December

Fri, 06 Jan 2023 21:46:00 -0000

Hourly wages rose 0.3% in strong December jobs report. Plus: Costco shares rise 7.3% after reporting strong holiday sales. Shares of Biogen finish up 2.8% after FDA approved its new Alzheimer’s drug. J.R. Whalen reports.

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U.S. Employers Added 223,000 Jobs in December

Fri, 06 Jan 2023 16:18:00 -0000

Slower wage growth triggers rally among U.S. stocks. Health officials say new Covid-19 Omicron subvariant XBB. 1.5 accounts for more than 40% of cases in U.S. J.R. Whalen reports.

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Putin Orders 36-Hour Cease-Fire as Ukraine Pressures Russian Troops

Fri, 06 Jan 2023 11:22:00 -0000

Samsung expects 69% drop in profit on slumping tech demand. Former U.S. president Donald Trump has been sued by the estate of the Capitol police officer who died after the Jan. 6 attack. Mohsin Ali hosts.

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U.S. Stocks Fall on Labor Market Strength

Thu, 05 Jan 2023 21:56:00 -0000

Plus: Bed Bath & Beyond shares slide 30% after the retailer said there was substantial doubt it can stay in business. Silvergate Capital shares drop 43% after WSJ reported that the bank had to sell assets to cover $8.1 billion in withdrawals after crypto exchange FTX collapsed. J.R. Whalen reports.

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Labor Market Showed Continued Strength in December

Thu, 05 Jan 2023 16:50:00 -0000

Plus: Ford says U.S. sales declined 2% in 2022 as EV sales were offset by supply constraints in its gas-and-diesel engine fleet. Bed Bath & Beyond CEO raises doubts retailer can stay in business. J.R. Whalen reports.

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Kevin McCarthy Pushes to Win Over Holdouts Over House Speaker Vote

Thu, 05 Jan 2023 11:04:00 -0000

Amazon says it expects to eliminate over 18,000 jobs in its current wave of layoffs. U.S. authorities move to seize certain assets tied to collapsed crypto exchange FTX. Keith Collins hosts.

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U.S. Stocks Settle Higher After Wavering Most of Day

Wed, 04 Jan 2023 22:02:00 -0000

Plus: General Motors shares rise 2.6% after automaker reports higher 2022 sales. Salesforce shares close up 3.6% after company says it will trim 10% of staff and close some offices. J.R. Whalen reports.

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Trump Urges House Republicans to Back McCarthy for Speaker

Wed, 04 Jan 2023 15:40:00 -0000

Plus: Meta fined $400 million for violating EU privacy laws by sending Facebook, Instagram users ads based on online activity. Crypto exchange Coinbase agrees to pay $50 million penalty for not conducting proper background checks on new customers. J.R. Whalen reports.

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Russia Blames Soldiers’ Cellphone Use for Deadly Ukrainian Strike

Wed, 04 Jan 2023 11:12:00 -0000

GOP House leader Kevin McCarthy falls short in voting to elect the next speaker. Auto sales in the U.S. last year are forecast to have hit their lowest levels in more than a decade. Keith Collins hosts.

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U.S. Stocks Finish Lower in First Session of 2023

Tue, 03 Jan 2023 19:32:00 -0000

Tesla shares slide 12% after falling short of 2022 delivery targets. Brent crude down 4.4%, its biggest daily decline since September. J.R. Whalen reports.

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Buffalo Bills Say Damar Hamlin Suffered Cardiac Arrest

Tue, 03 Jan 2023 16:44:00 -0000

The 24-year-old player is listed in critical condition at a Cincinnati hospital. Germany’s newly constructed liquefied-natural-gas terminal receives first shipment from U.S. President Biden plans to renominate dozens of picks for judicial and diplomatic posts. J.R. Whalen reports.

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South Korean Leader Says Drills With U.S. Could Use Nuclear Assets

Tue, 03 Jan 2023 11:06:00 -0000

U.S. lawmakers are expected to vote to elect the next speaker of the House today. Economists at several big banks are predicting a U.S. recession this year. Keith Collins hosts.

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U.S. Stocks Manage Modest Gains on Last Trading Day Before Christmas

Fri, 23 Dec 2022 22:32:00 -0000

Positive consumer sentiment survey counters investors’ inflation worries. CarMax shares reverse some losses. Crude prices rise on Russian threat to cut oil production. Charlotte Gartenberg reports. Programming note: Minute Briefing will be on break until Tuesday, Jan. 3.

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Consumer Spending Inched Up in November as Inflation Eased Slightly

Fri, 23 Dec 2022 17:10:00 -0000

Plus: Elon Musk pledges to pause selling shares of Tesla ahead of a possible buyback. Shooting in and around Kurdish cultural center in Paris leaves three dead and three injured. Charlotte Gartenberg hosts.

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House Jan. 6 Panel Releases Its Final Report on U.S. Capitol Attack

Fri, 23 Dec 2022 11:20:00 -0000

Airlines cancel thousands of flights as a severe winter storm hits much of the U.S. Microsoft files a rebuttal to an FTC lawsuit that aims to block the company’s purchase of Activision Blizzard. Keith Collins hosts.

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U.S. Markets Slide After Strong Economic Data

Thu, 22 Dec 2022 21:55:00 -0000

Nasdaq down 2.2%. Plus: chipmakers fall on worries over soft demand. Tesla tumbles 8.9% after doubling discounts on some models. Charlotte Gartenberg reports.

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Senate Breaks Impasse on Omnibus Spending Bill

Thu, 22 Dec 2022 16:45:00 -0000

Lawmakers plan to vote on immigration amendments that were holding up vote on $1.65 trillion spending bill. Airlines cancel thousands of flights as severe winter storm batters parts of U.S. J.R. Whalen reports.

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Volodymyr Zelensky Tells U.S. Congress That Ukraine Will Never Surrender

Thu, 22 Dec 2022 10:51:00 -0000

A $1.65 trillion U.S. spending bill is held up by a fight over the Title 42 public-health border policy. Two associates of FTX founder Sam Bankman-Fried plead guilty to criminal charges. Keith Collins hosts.

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U.S. Stocks Rally on Strong Consumer Confidence

Wed, 21 Dec 2022 21:57:00 -0000

Plus: Nike shares rise 12% a day after raising revenue projections. After the bell, Micron Technology reports sharp sales decline and a net loss. J.R. Whalen reports.

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U.S. Home Sales Fall for 10th Straight Month

Wed, 21 Dec 2022 16:28:00 -0000

Plus: Strong consumer-confidence data sends U.S. stocks higher in morning trading. French President Emmanuel Macron reiterates call for West to provide security guarantees to Russia as part of any negotiations to end Ukraine war. J.R. Whalen reports.

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Ukraine’s Volodymyr Zelensky to Visit Washington on Wednesday

Wed, 21 Dec 2022 11:01:00 -0000

A U.S. House committee votes to release President Donald Trump’s tax returns. Twitter’s Elon Musk says he plans to resign as CEO after he finds a successor. Keith Collins hosts.

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U.S. Stocks Edge Higher After Bank of Japan Rate Move

Tue, 20 Dec 2022 20:56:00 -0000

Plus: Tesla’s market capitalization falls below Johnson & Johnson’s for the first time since late 2020. FedEx reports fewer packages moved through its system for the fourth straight quarter. Nike says early holiday sales exceeded Wall Street expectations. J.R. Whalen reports.

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Wells Fargo Reaches $3.7 Billion Settlement Over Consumer Banking

Tue, 20 Dec 2022 16:54:00 -0000

Plus: Russian President Vladimir Putin admits war effort in Ukraine faces obstacles. Delta to offer free in-flight Wi-Fi as early as next year. J.R. Whalen reports.

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U.S. Lawmakers Unveil Spending Package in Bid to Avoid Shutdown

Tue, 20 Dec 2022 11:03:00 -0000

The Biden administration delays a major step in an electric-vehicle subsidy program. The Bank of Japan surprises markets by letting a benchmark interest rate rise. Keith Collins hosts.

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U.S. Stocks Fall Due to Recession Fears

Mon, 19 Dec 2022 21:45:00 -0000

Plus: Meta Platforms shares slide 4.1% after the European Union charged it with antitrust violations linked to Facebook Marketplace. Walt Disney shares decline 4.8% after the newest “Avatar” movie generated lower-than-expected money in its debut weekend. J.R. Whalen reports.

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‘Fortnite’ Maker Agrees to Record Fine to Resolve Privacy Allegations

Mon, 19 Dec 2022 16:53:00 -0000

Plus: China acknowledges first Covid-19 deaths since relaxing restrictions. European energy ministers pursue agreement on natural-gas price cap. J.R. Whalen reports.

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Jan. 6 Panel to Vote on Criminal Referrals, Release Report Summary

Mon, 19 Dec 2022 11:16:00 -0000

FTX’s Sam Bankman-Fried is expected to consent to extradition to the U.S. to face criminal charges. Twitter’s Elon Musk asks users whether he should step down as the head of the company. Keith Collins hosts.

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U.S. Stocks Decline as Recession Fears Mount

Fri, 16 Dec 2022 21:45:00 -0000

Plus: Shares of Ford fall 7% after raising the price of its electric F-150 Lightning Pro for the third time this year. Goldman Sachs shares fall 1% after WSJ reports that the bank plans to lay off several thousand workers. J.R. Whalen reports.

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Recession Concerns Extend U.S. Stock Selloff

Fri, 16 Dec 2022 16:52:00 -0000

Plus: Japan plans to bolster its military, citing threat from China. Darden Restaurants reports higher quarterly sales but lower profit due to higher food and labor costs. J.R. Whalen reports.

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Americans Pessimistic About Prospects for the Economy in 2023, WSJ Poll Finds

Fri, 16 Dec 2022 10:55:00 -0000

The U.S. Senate has passed a more than $850 billion defense-policy bill and a stopgap spending fix. And Twitter, under Elon Musk, has suspended the accounts of several journalists. Kate Bullivant hosts.

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Interest-Rate Fears Fuel Selloff in U.S. Stocks

Thu, 15 Dec 2022 19:40:00 -0000

Plus: Cathie Wood’s ARK Innovation ETF adds more Tesla, Coinbase. Mortgage rates fall for a fifth straight week. J.R. Whalen reports.

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U.S. Stocks Decline Sharply Over Interest-Rate Concerns

Thu, 15 Dec 2022 16:46:00 -0000

Plus: Some cold medications are in short supply in parts of the U.S. as flu infections spread. House Intelligence Committee report says U.S. intelligence agencies haven’t made changes needed to provide better warnings of global health crises. J.R. Whalen reports.

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China’s Economy Struggled in Zero Covid’s Final Month

Thu, 15 Dec 2022 11:00:00 -0000

Elon Musk sells more than $3.5 billion worth of Tesla stock this week in a second round of sales since buying Twitter. And, the U.S. Senate has passed a bill banning federal employees from downloading or using social-media app TikTok on government devices. Luke Vargas hosts.

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U.S. Stocks Slide After Fed Raises Interest Rates

Wed, 14 Dec 2022 22:06:00 -0000

The Federal Reserve increased interest rates an expected 0.5% but also signaled more hikes to come. Plus: Delta up 2.7% after saying travel demand remains strong. Tesla slips 2.6%, falls to two-year low. Charlotte Gartenberg reports.

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Microsoft Bets on Silicon-Battery Startup in Bid to Improve EVs

Wed, 14 Dec 2022 17:02:00 -0000

Plus: Florida Gov. Ron DeSantis takes early lead against former President Donald Trump among Republican primary voters, WSJ poll finds. Nuclear-fusion industry fields investor interest after scientific breakthrough. Charlotte Gartenberg reports.

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U.S. Looks at Providing Ukraine With Patriot Missile Defense Systems

Wed, 14 Dec 2022 11:07:00 -0000

Congressional negotiators reach a framework for a government funding deal. U.K. inflation eases, following a global trend. Keith Collins hosts.

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U.S. Markets Higher After Data Shows Cooling Inflation

Tue, 13 Dec 2022 21:56:00 -0000

Tech giants rise after consumer-price index for November comes in below expectations. Facebook parent Meta up 4.7%; Google parent Alphabet up 2.5%. Plus: Tesla slumps 4.1% as investors worry over Elon Musk’s involvement with Twitter. Charlotte Gartenberg reports.

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U.S. Inflation Eases Slightly, Clocking In at 7.1% for November

Tue, 13 Dec 2022 17:02:00 -0000

Plus: U.S. prosecutors charge FTX founder Sam Bankman-Fried with fraud and conspiracy; Securities and Exchange Commission and Commodity Futures Trading Commission also sue. Moderna, Merck say mRNA cancer vaccine shows promising results in clinical trial. Charlotte Gartenberg reports.

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Former FTX CEO Sam Bankman-Fried Arrested in Bahamas

Tue, 13 Dec 2022 11:10:00 -0000

China files a complaint related to chip-export controls against the U.S. at the World Trade Organization. Europe strikes a deal to tax imports based on greenhouse-gas emissions. Keith Collins hosts.

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U.S. Markets Rally Ahead of Inflation Data, Fed Meeting

Mon, 12 Dec 2022 22:11:00 -0000

Dow climbs 528 points to start pivotal week. Plus: Weber shares surge 23% on sweetened buyout deal. Under Armour climbs 10% after Stifel upgrades the stock. Charlotte Gartenberg reports.

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Biden, Zelensky Discuss Ukraine’s Damaged Power Grid

Mon, 12 Dec 2022 16:50:00 -0000

Plus: Microsoft takes stake in London Stock Exchange’s corporate parent. Twitter’s head of trust and safety says the platform plans to move fast to address problematic content. Charlotte Gartenberg reports.

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Amgen in Advanced Talks to Buy Horizon Therapeutics

Mon, 12 Dec 2022 11:08:00 -0000

Lockerbie bombing suspect is in U.S. custody. Plus, congressional leaders return to Capitol Hill today, facing a deadline for keeping the government funded. Kate Bullivant hosts.

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U.S. Stock Indexes Decline, Breaking Two-Week Winning Streak

Fri, 09 Dec 2022 22:30:00 -0000

Hotter-than-expected economic data sends markets lower as investors eye next week’s Federal Reserve meeting. Yields on government bonds rise. Brent crude oil extends losing streak to seven consecutive sessions. Danny Lewis reports.

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Arizona’s Kyrsten Sinema Is Leaving the Democratic Party

Fri, 09 Dec 2022 17:14:00 -0000

Sen. Sinema will register as an independent, complicating Democratic control of the Senate. U.S. producer prices rose more slowly in November. CEO of Penguin Random House resigns. Danny Lewis reports.

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Basketball Star Brittney Griner Lands in U.S. After Russia Prisoner Swap

Fri, 09 Dec 2022 11:31:00 -0000

The U.S. plans to impose new sanctions against Russia and China for alleged human-rights abuses. Inflation in China slowed sharply amid widespread Covid-19 lockdowns. U.S. regulators are asking companies for information about their exposure to distressed crypto entities. Keith Collins hosts.

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S&P 500 Breaks Five-Session Losing Streak

Thu, 08 Dec 2022 22:16:00 -0000

Investors are looking ahead to upcoming inflation data and next week’s Fed meeting for more clues on interes t-rate path. Plus: FTC sues to stop Microsoft’s acquisition of Activision-Blizzard. Danny Lewis reports.

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Brittney Griner Released From Russian Penal Colony in Prisoner Swap

Thu, 08 Dec 2022 16:54:00 -0000

Plus: Foxconn founder lobbied China’s Communist Party to speed up its relaxing of Covid-19 restrictions. Federal Trade Commission seeks to block Meta’s acquisition of virtual-reality fitness company Within Unlimited. Danny Lewis reports.

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Chinese President Xi Jinping Meets With Saudi Leaders

Thu, 08 Dec 2022 10:41:00 -0000

Theranos’s former No. 2 executive, Ramesh “Sunny” Balwani, is sentenced to almost 13 years in prison. Google plans to combine the teams working on its Maps product and its Waze mapping service. Keith Collins hosts.

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Stocks Mixed as Investors Fret Over Interest Rates

Wed, 07 Dec 2022 22:09:00 -0000

Plus: Apple shares down 1.4% on plans to invest more in data encryption. Carvana shares drop 43% after hiring a financial advisor. Danny Lewis reports.

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Dozens Arrested in Suspected QAnon-Inspired Coup Plot in Germany

Wed, 07 Dec 2022 17:02:00 -0000

Plus: Leaders from China and Saudi Arabia are meeting to discuss oil exports and economic ties. Theranos’s former No. 2 executive is set to be sentenced for fraud conviction. Danny Lewis reports.

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China Scraps Many Covid-19 Quarantine, Testing Requirements

Wed, 07 Dec 2022 11:05:00 -0000

Georgia Democratic Sen. Raphael Warnock defeats GOP challenger Herschel Walker in a runoff. E-cigarette maker Juul reaches a legal settlement covering more than 5,000 lawsuits. Keith Collins hosts.

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U.S. Stocks Decline as Economic Data Raises Rate Fears

Tue, 06 Dec 2022 22:09:00 -0000

Plus: NRG Energy shares fall 15% after saying it agreed to buy Vivint Smart Home for $2.8 billion. FTC asks Kroger and Albertsons for more information about their proposed $20 billion merger. Shares of each fell about half a percent. J.R. Whalen reports.

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EU Moves to Limit Meta’s Personalized Ad Model

Tue, 06 Dec 2022 16:12:00 -0000

Plus: FDA fast-tracks over-the-counter version of opioid-overdose-reversal drug Narcan. Black Friday sales at physical stores fall short of last year’s totals and pre-pandemic levels. J.R. Whalen reports.

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U.S., EU Agree to Coordinate Chip Subsidy Programs

Tue, 06 Dec 2022 11:02:00 -0000

Taiwanese chip-making giant TSMC plans to boost its Arizona plant investment to $40 billion. Georgia voters head to the polls in today’s Senate runoff. PepsiCo is laying off hundreds at its snacks and beverage divisions’ headquarters. Keith Collins hosts.

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U.S. Stocks Finish Lower Over Interest Rate Concerns

Mon, 05 Dec 2022 21:50:00 -0000

Plus: Big regional banks are among the day’s biggest decliners. Salesforce shares fall 7.4% after Slack CEO Stewart Butterfield says he will step down next month. J.R. Whalen reports.

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Explosions Hit Russian Air Bases

Mon, 05 Dec 2022 17:30:00 -0000

Plus: U.S. secretly modified rocket system it gave to Ukraine to prevent long-range strikes into Russia, U.S. officials say. Supreme Court hears arguments in case to determine if Colorado website designer can deny service to customers seeking service for same-sex wedding. J.R. Whalen reports.

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FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda

Mon, 05 Dec 2022 11:51:00 -0000

The FDA takes a tougher line on fast-tracked drugs. Credit Suisse’s investment bank spinoff attracts Saudi crown prince. Peter Granitz hosts.

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U.S. Stocks Finish Mixed After November Jobs Report

Fri, 02 Dec 2022 21:51:00 -0000

Plus: Boeing shares rise 4% following WSJ report that United is close to ordering dozens of 787 Dreamliners. Gas prices have fallen more than 30% since the record high reached in June. J.R. Whalen reports.

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U.S. Economy Added 263,000 Jobs in November

Fri, 02 Dec 2022 16:00:00 -0000

Unemployment rate holds steady at 3.7%. Plus: Moscow rejects President Biden’s conditions for negotiations over Ukraine with Vladimir Putin. J.R. Whalen reports.

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Biden Calls for South Carolina to Be First in Democratic Presidential Nomination Process

Fri, 02 Dec 2022 11:09:00 -0000

Chinese solar manufacturers dodged U.S. tariffs, a probe by the Commerce Department finds. And Blackstone limits redemptions from real estate vehicle, as stock sinks. Kate Bullivant hosts.

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U.S. Stocks Finish Mixed as Investors Weigh Recession Concerns

Thu, 01 Dec 2022 22:06:00 -0000

Plus: Salesforce shares fall 8.3% a day after co-CEO Bret Taylor said he plans to step down. Mortgage rates dip to 6.49%, according to Freddie Mac. J.R. Whalen reports.

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U.S. Household Spending Rose Sharply in October

Thu, 01 Dec 2022 17:28:00 -0000

Plus: Kroger reports higher third-quarter revenue as consumers focus spending on essentials. European Union asks member nations to impose $60-a-barrel price cap on Russian oil. J.R. Whalen reports.

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FTX Collapse the Focus of U.S. Senate Hearing

Thu, 01 Dec 2022 11:25:00 -0000

Elon Musk says Neuralink should be ready for human testing in six months. And, General Electric has set terms for the spinoff of its healthcare division. Kate Bullivant hosts.

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U.S. Stocks Rally on Slower Rate Hike Expectations

Wed, 30 Nov 2022 22:16:00 -0000

Plus: Fed Chairman Jerome Powell saying a half-percentage point interest rate increase is likely next month propels tech stocks higher, including Apple up 4.9%. Salesforce shares fall more than 6% after hours after co-CEO Bret Taylor announces his resignation. J.R. Whalen reports.

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U.S. Economy Grew 2.9% in Third Quarter

Wed, 30 Nov 2022 16:34:00 -0000

Plus: Private payrolls rose this month at the slowest pace since early 2021. FDA to allow gay and bisexual to donate blood under new guidelines. J.R. Whalen reports.

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New Alzheimer’s Drug Shows Positive Results but Side Effects

Wed, 30 Nov 2022 11:37:00 -0000

Jiang Zemin, Former China Paramount Leader, Dies at 96. And the U.S. Senate passes a bill protecting same-sex marriage. Kate Bullivant hosts.

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U.S. Stocks Finish Mixed

Tue, 29 Nov 2022 22:11:00 -0000

Plus: UPS shares rise 2.8% after analysts upgrade stock to a buy. AMC Networks shares fall 5.3% after CEO Christina Spade steps down and the company says it plans to lay off about 20% of U.S. employees. J.R. Whalen reports.

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Home Prices Declined in September for Third Straight Month

Tue, 29 Nov 2022 17:00:00 -0000

Plus: Supreme Court hears arguments on Biden administration policy to selectively enforce immigration law. AMC Networks plans large-scale layoffs, according to staff memo from chairman. J.R. Whalen reports.

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Biden Calls on Congress to Pass Legislation to Avert Rail Shutdown

Tue, 29 Nov 2022 11:09:00 -0000

Qatar In Limited Natural Gas Supply Deal With Germany. Private-equity firm TPG has recruited former Wall Street power broker Tom Montag to launch a carbon-credit business. Kate Bullivant hosts.

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U.S. Stocks Decline on China Protests

Mon, 28 Nov 2022 21:38:00 -0000

Apple shares down 2.6% as iPhone Pro models could be delayed due to unrest in China. Disney shares fall 3.2% after CEO Bob Iger says focus will be on profitability over subscriber growth at the company’s streaming service. J.R. Whalen reports.

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Crypto Lender BlockFi Files for Bankruptcy

Mon, 28 Nov 2022 16:17:00 -0000

Plus: Ukraine’s President Volodymyr Zelensky warns of more missile strikes by Russia. Hawaii’s Mauna Loa volcano erupts for first time since 1984. J.R. Whalen reports.

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Chinese Protests Spread Over Government’s Covid Restrictions

Mon, 28 Nov 2022 11:28:00 -0000

U.S. life-insurance payouts hit a record $100 billion in 2021. The attorney general of the Bahamas defends the country’s handling of the FTX collapse. Kate Bullivant hosts.

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U.S. Stocks Finish Mixed in Shortened Black Friday Session

Fri, 25 Nov 2022 21:00:00 -0000

Plus: Gold prices gain 6.7%, on track for best month since May 2021. Activision Blizzard shares tumble on report FTC is likely to file antitrust lawsuit to block acquisition by Microsoft. J.R. Whalen reports.

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Iran Deploys Troops Along Iraqi Border in Push Against Kurdish Groups

Fri, 25 Nov 2022 16:52:00 -0000

Plus: China’s central bank moves to boost lending as economy struggles with Covid-19 outbreak. Brazil soccer star Neymar to miss rest of World Cup group stage with ankle injury. J.R. Whalen reports.

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Black Friday Crowds Are Back, but This Year They Face Inflation

Fri, 25 Nov 2022 11:15:00 -0000

Elon Musk says he will reinstate suspended Twitter accounts. European energy ministers failed to agree on proposed gas-price cap. Kate Bullivant hosts.

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U.S. Stocks Rise on Signs of Interest-Rate Hike Slowdown

Wed, 23 Nov 2022 21:52:00 -0000

Plus: Shares of Deere & Co. rise 5% after reporting higher sales. Credit Suisse shares down 6.4% after the bank warned of a fourth-quarter loss after customers pulled their investments. J.R. Whalen reports.

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Global Economy Slows, But Not as Much as Feared

Wed, 23 Nov 2022 16:16:00 -0000

Plus: Weekly U.S. jobless claims tick up to 240,000, still near prepandemic lows. Walmart employee is suspected in fatal shooting of six at Virginia supercenter. J.R. Whalen reports.

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Shooting at Virginia Walmart Kills Six People

Wed, 23 Nov 2022 11:08:00 -0000

New York has become the first U.S. state to restrict cryptocurrency mining. And Credit Suisse has warned it would lose around $1.6 billion in the fourth quarter after clients pull money. Kate Bullivant hosts.

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U.S. Stocks Rise Amid Light Trading

Tue, 22 Nov 2022 22:08:00 -0000

Plus: Best Buy shares rise 12.8% after the electronics retailer reported better-than-expected quarterly results. HP plans to cut up to 12% of its workforce as demand for personal computers slumps. J.R. Whalen reports.

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Senators Urge More Drone Support for Ukraine

Tue, 22 Nov 2022 16:41:00 -0000

Plus: Best Buy, Dick’s post mixed earnings but raise sales projections. Ethics watchdog files complaints with federal agencies following WSJ series on officials’ stock-trading conflicts. J.R. Whalen reports.

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Crypto Lender Genesis Asks Binance and Apollo for Cash

Tue, 22 Nov 2022 11:02:00 -0000

Investor home purchases drop 30% in the third quarter, as rising rates and high prices cool the housing market. And the OECD says that the ECB must narrow the interest rate gap with the U.S. Fed as high inflation persists. Kate Bullivant hosts.

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U.S. Stocks Fall as Covid Cases Rise in China

Mon, 21 Nov 2022 21:50:00 -0000

Plus: Disney shares rise 6.3% after the company replaces CEO Bob Chapek with former CEO Bob Iger. Gas prices decline ahead of the Thanksgiving holiday. J.R. Whalen reports.

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OPEC+ Considers Oil Production Increase

Mon, 21 Nov 2022 16:58:00 -0000

Plus: Railroad unions split on votes over new contract, moving closer to a labor strike. China acknowledges new Covid-19-related deaths as it eases pandemic controls. J.R. Whalen reports.

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Disney Ousts Bob Chapek, Robert Iger Returns as CEO

Mon, 21 Nov 2022 11:21:00 -0000

U.S. crude oil price touches $80 a barrel. Colorado Springs LGBT nightclub shooting leaves five dead and 25 injured. Kate Bullivant hosts.

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U.S. Stocks Move Higher to End Choppy Week

Fri, 18 Nov 2022 21:49:00 -0000

Investors face an uncertain outlook with more interest rate hikes potentially on the horizon. Foot Locker up 8.7% after posting better-than-expected results. Grindr shares surge 200% in debut. Carvana slumps on layoff news. WSJ’s Danny Lewis reports.

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Twitter Employees Resign After ‘Hardcore’ Demands From Musk

Fri, 18 Nov 2022 16:55:00 -0000

Social-media company temporarily shutters offices amid latest wave of departures. U.S. home sales fell for ninth straight month in October. Qatar World Cup bans most beer sales two days before first match. Danny Lewis reports.

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Explosives Found in Vicinity of Nord Stream Blasts, Sweden Says

Fri, 18 Nov 2022 11:25:00 -0000

The Biden administration says Saudi Crown Prince has immunity in Khashoggi trial. BHP, world’s top miner, nears biggest acquisition in a decade. Kate Bullivant hosts.

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U.S. Stocks Lower on Fading Interest-Rate Hopes

Thu, 17 Nov 2022 22:13:00 -0000

Plus: Macy’s shares rise 15% after increasing earnings projections. Mortgage rates fall to 6.6%, the biggest drop in 41 years. J.R. Whalen reports.

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U.K. Unveils Sweeping Tax Increases and Spending Cuts

Thu, 17 Nov 2022 16:56:00 -0000

Plus: Uptake of fall Covid-19 booster shots remains slow. Taylor Swift tour presale breaks sales records, despite Ticketmaster glitches. J.R. Whalen reports.

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Republicans Win Narrow Control of the House

Thu, 17 Nov 2022 11:00:00 -0000

Russia agrees to renew Ukraine grain deal, U.N. says. Elon Musk recently floated the possibility of having a successor at Tesla, a Board member says. Kate Bullivant hosts.

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U.S. Stocks Fall on Higher Retail Sales Data

Wed, 16 Nov 2022 22:05:00 -0000

Plus: Target shares close down 13.1% after the retailer reported lower sales and profits. Dwindling supplies of diesel have pushed prices 50% higher this year. J.R. Whalen reports.

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U.S. Retail Sales Rose 1.3% in October

Wed, 16 Nov 2022 16:50:00 -0000

Plus: Target reports weak earnings, plans deep discounts. NASA launches rocket as part of its Artemis I lunar mission. J.R. Whalen reports.

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Donald Trump Announces Third Consecutive Presidential Bid

Wed, 16 Nov 2022 11:00:00 -0000

A missile that hit Poland was likely launched by Ukraine in air defense, Western officials say. And the U.K.’s annual rate of inflation has risen to a 41-year high. Kate Bullivant hosts.

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U.S. Stocks Rise on Hopes for Lower Inflation

Tue, 15 Nov 2022 21:31:00 -0000

Plus: Walmart shares up 6.5% after reporting better-than-expected revenue. Alphabet shares finish 2.8% higher after activist investor calls on the company to reduce costs. J.R. Whalen reports.

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Producer Prices Decline, Hinting at Easing Inflation

Tue, 15 Nov 2022 16:49:00 -0000

U.S. stocks rally in response to possible impact on pace of interest-rate hikes. World’s population expected to hit 8 billion today. J.R. Whalen reports.

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Republicans Close to Retaking Control of the House of Representatives

Tue, 15 Nov 2022 11:00:00 -0000

U.S. and allies announce a $20 billion package to wean Indonesia off coal. Billionaire Warren Buffett’s company Berkshire Hathaway bought $9 billion on the stock market in the third quarter this year. Kate Bullivant hosts.

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U.S. Stocks Finish Lower Over Interest-Rate Concerns

Mon, 14 Nov 2022 22:07:00 -0000

Plus: Amazon shares fall 2.3% as the company plans to lay off thousands of employees, according to a person familiar with the matter. Hasbro shares fall 9.9%, its largest-percentage decrease since 2020. J.R. Whalen reports.

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FTX Collapse Draws Federal Prosecutor’s Investigation

Mon, 14 Nov 2022 16:49:00 -0000

Plus: Experimental Alzheimer’s drug from Roche failed to slow cognitive decline in trials. Moderna says its updated Covid-19 booster generated strong immune responses in tests. J.R. Whalen reports.

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Biden, Xi Meet as Countries Move Toward Reopening Communication

Mon, 14 Nov 2022 11:27:00 -0000

House majority undecided as Democrats keep Senate control. Japanese inflation shows signs of easing, Kuroda says. Luke Vargas hosts.

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Hopeful Investors Drive U.S. Markets Higher

Fri, 11 Nov 2022 22:05:00 -0000

Amazon up 4.3%, Google parent Alphabet rises 2.7% as big tech helps lead gains. Plus: Crude oil rises as China eases pandemic restrictions. Dollar loses ground against euro, pound and yen. Bitcoin falls as cryptocurrency exchange FTX files for bankruptcy. Danny Lewis reports.

https://www.wsj.com/articles/global-stocks-markets-dow-update-11-11-2022-11668166964

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Crypto Exchange FTX Files for Bankruptcy

Fri, 11 Nov 2022 17:26:00 -0000

Sam Bankman-Fried resigns as FTX’s CEO. SoftBank posts profit from large sales of Alibaba stock. Ukrainian forces retake Kherson after Russian troops retreat. Danny Lewis reports.

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U.K. Economy Slides Toward Recession After GDP Decline

Fri, 11 Nov 2022 11:22:00 -0000

China eases some Covid-19 rules to lessen the impact on the economy, while the country’s case tally hit its highest level since April. A U.S. judge strikes down the Biden administration’s student-debt forgiveness plan. Keith Collins hosts.

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U.S. Stocks Rally on Inflation Report; Dow Rises 1,200 Points

Thu, 10 Nov 2022 22:11:00 -0000

Plus: Amazon shares rise 12% as CEO Andy Jassy leads cost-cutting review. Bitcoin rises 13%. J.R. Whalen reports.

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Inflation Eased to 7.7% in October

Thu, 10 Nov 2022 16:34:00 -0000

U.S. stocks rally on inflation data. Mortgage rates rise back above 7%. Home-price growth slowed sharply in third quarter. J.R. Whalen reports.

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U.S. Declines Ukraine’s Request for Advanced Drones

Thu, 10 Nov 2022 11:05:00 -0000

Republicans remained on track to take control of the House, but the Senate is still undecided. Elon Musk dumps a new “official” label for Twitter accounts hours after its rollout. Keith Collins hosts.

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U.S. Stocks Fall as Binance-FTX Crypto Deal Collapses

Wed, 09 Nov 2022 21:39:00 -0000

Bitcoin drops more than 14% to about $16,000. Meta shares jump after company says it will cut more than 11,000 jobs. Redfin shares fall after company lays off 13% of staff. J.R. Whalen reports.

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Russian Troops Ordered to Withdraw From Kherson

Wed, 09 Nov 2022 16:55:00 -0000

Plus: Brittney Griner transferred to Russian penal colony. Facebook parent Meta plans to cut 11,000 jobs. J.R. Whalen reports.

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Midterm Race for Control of Congress Remains Tight

Wed, 09 Nov 2022 11:24:00 -0000

Taiwan-based chip-making major TSMC plans to expand factory operations in Arizona. Elon Musk sells almost $4 billion in Tesla stock after closing his acquisition of Twitter. Keith Collins hosts.

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U.S. Stocks Rise on Election Day

Tue, 08 Nov 2022 22:01:00 -0000

Plus: Lyft shares fall 23% a day after reporting slowing revenue growth. Bitcoin falls 13% after crypto exchange Binance signs letter of intent to acquire rival FTX. Disney shares fall 6% after hours after the company reports weaker-than-expected quarterly earnings. J.R. Whalen reports.

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Ukraine’s Zelensky Says He Is Open to Negotiations With Russia

Tue, 08 Nov 2022 16:36:00 -0000

Plus: Elizabeth Holmes’s bid for a new trial is denied by federal judge. Winning numbers for record $2 billion Powerball jackpot were drawn this morning after a delay. J.R. Whalen reports.

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Americans to Vote in Midterm Elections With Control of Congress at Stake

Tue, 08 Nov 2022 10:58:00 -0000

Nvidia offers an alternative chip for China to comply with U.S. export restrictions. Taiwan’s Foxconn plans to deepen its investment in U.S. electric-truck maker Lordstown Motors. Keith Collins hosts.

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U.S. Stocks Rally With Eyes on Tuesday’s Elections

Mon, 07 Nov 2022 20:17:00 -0000

Plus: Meta shares rise 6.5% after we report the company plans widespread layoffs this week. Shares of Carvana and Opendoor Technologies each fall to all-time lows. J.R. Whalen reports.

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China Considers Gradual Reopening After Years of Covid-19 Restrictions

Mon, 07 Nov 2022 16:09:00 -0000

Plus: New climate report says the last eight years have each been warmer than all years before that period on record. Travel to U.S. research station on Antarctica suspended after Covid outbreak. J.R. Whalen reports.

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Senior U.S. Official Engaged in Confidential Talks With Top Putin Aides

Mon, 07 Nov 2022 11:17:00 -0000

Facebook owner Meta is planning to begin large-scale layoffs this week. A unit of Walgreens is nearing a deal to combine with Summit Health, the parent company of CityMD urgent-care centers. Keith Collins hosts.

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U.S. Stocks Finish Higher on Jobs Report

Fri, 04 Nov 2022 19:36:00 -0000

Plus: Starbucks shares up more than 8% a day after reporting record sales. DraftKings shares fall 28% after the company said higher revenue was offset by a decline in fantasy-sports players. J.R. Whalen reports.

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U.S. Employers Added 261,000 Jobs in October

Fri, 04 Nov 2022 15:07:00 -0000

The jobs report sparks a rally in U.S. stocks. Plus: Russian attacks on Ukraine’s capital leave half a million homes without electricity. J.R. Whalen reports.

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U.S., Allies Specify Russian Oil Sales Subject to Price Cap

Fri, 04 Nov 2022 10:15:00 -0000

Musk’s Twitter tells staff layoffs will be announced Friday. Chinese shares surge as covid reopening hopes emerge, U.S. audit inspections end. Mohsin Ali hosts.

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U.S. Stocks Fall for Second Day

Thu, 03 Nov 2022 21:14:00 -0000

Plus: Lyft shares fall 2% after the company said it plans to cut about 700 jobs. Starbucks shares rise more than 2% after hours, after reporting record quarterly sales, but higher costs that cut into profits. J.R. Whalen reports.

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Mortgage Rates Dip Back Below 7%

Thu, 03 Nov 2022 15:20:00 -0000

Plus: Former Pakistani Prime Minister shot and injured at a protest rally. Peloton reports quarterly sales fell 23% and expects sales to fall in the holiday quarter. J.R. Whalen reports.

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North Korea Test-Fires ICBM, Triggering Warnings in Japan

Thu, 03 Nov 2022 10:03:00 -0000

Canada orders three Chinese companies to divest their shares from domestic companies involved in extracting critical minerals. Activist investor Carl Icahn has a significant stake in beverage-can maker Crown Holdings. Keith Collins hosts.

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U.S. Stocks Sell Off After Fed Raises Interest Rates 0.75%

Wed, 02 Nov 2022 20:48:00 -0000

Fed chairman Jerome Powell says the central bank is not ready to pause rate increases. Plus: interest-rate hike pushes tech stocks lower. After the bell, chip maker Qualcomm issues negative sales outlook and cuts its forecast for smartphone shipments. J.R. Whalen reports.

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Russia Resumes Participation in Ukraine Grain Transports

Wed, 02 Nov 2022 15:55:00 -0000

Plus: CVS, Walgreens propose more than $10 billion in settlements to resolve opioid-crisis lawsuits. Several top U.S. business schools to offer online MBA programs for the first time next year. J.R. Whalen reports.

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North Korea Unleashes Barrage of Test-Fired Missiles

Wed, 02 Nov 2022 10:16:00 -0000

In Israel, former Prime Minister Benjamin Netanyahu is on the brink of a political comeback. Twitter’s new owner, Elon Musk, says blocked users won’t be allowed back until a process is in place. Keith Collins hosts.

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U.S. Stocks Decline Ahead of Fed Interest-Rate Announcement

Tue, 01 Nov 2022 20:48:00 -0000

Plus: Shares of Abiomed rise 50% after Johnson & Johnson announces plan to buy the company. Airbnb shares fall 4% after hours after reporting higher revenue but lower-than-expected number of nights booked by travelers. J.R. Whalen reports.

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Supreme Court Blocks House From Seeing Trump’s Tax Returns

Tue, 01 Nov 2022 15:49:00 -0000

Plus: Uber says quarterly revenue rose 72% compared to a year ago. U.S. job openings rose in September as demand for workers outpaces the number of unemployed people looking for work. J.R. Whalen reports.

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U.S. Plans to Send B-52 Bombers to Australia in Effort to Counter China

Tue, 01 Nov 2022 10:33:00 -0000

Penguin Random House blocked from acquiring rival publisher Simon & Schuster. And Saudi Aramco profit jumps 39% on high oil prices. Mohsin Ali hosts.

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U.S. Stocks Finish Lower, Show Gains for October

Mon, 31 Oct 2022 16:09:00 -0000

Plus: Oil prices notched their first monthly gain since May. Meta shares down 6.1%. Apple shares lose 1.5-percent after a major contributor to iPhone production struggles with a Covid-19 outbreak in China. J.R. Whalen reports.

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Supreme Court to Hear College-Admission Race Cases

Mon, 31 Oct 2022 15:45:00 -0000

Plus: China’s factory output contracts in October due to Covid lockdowns, fading demand for Chinese-made goods. New car prices in the U.S. start to decline after multi-year gains. J.R. Whalen reports.

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Russia Launches Barrage of Missile Strikes Across Ukraine

Mon, 31 Oct 2022 10:04:00 -0000

Brazil’s leftist former president Luiz Inácio Lula da Silva beat conservative incumbent Jair Bolsonaro. Emerson Electric is selling a majority stake in its climate-tech business to Blackstone. Keith Collins hosts.

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U.S. Stocks Rise Sharply; Apple Leads Dow Gains

Fri, 28 Oct 2022 21:03:00 -0000

Plus: Meta shares rise 1.3%. Exxon Mobil gains 2 9% after reporting record quarterly profits. Amazon falls 6.8%, dragging down consumer discretionary stocks. J.R. Whalen reports.

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U.S. Worker Pay, Benefits Rose in Third Quarter

Fri, 28 Oct 2022 15:24:00 -0000

Employment-cost index climbed 5% as employers competed for workers in tight labor market. Consumer spending rose 0.6% last quarter. European Union warns Elon Musk that Twitter will have to follow bloc’s new content-moderation rules. J.R. Whalen reports.

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Elon Musk Completes Twitter Takeover, Fires CEO and CFO

Fri, 28 Oct 2022 10:09:00 -0000

In Ukraine, Kyiv residents face prolonged blackouts after Russia again strikes the nation’s power grid. The U.S. Justice Department is investigating how poultry companies pay chicken farmers. Keith Collins hosts.

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Tech Stocks Decline; Apple, Amazon Report Earnings

Thu, 27 Oct 2022 21:08:00 -0000

Shares of Meta Platforms fall nearly 25%. Apple reports record quarterly revenue, but says iPhone 14 Pro supplies are constrained. Amazon returns to profitability but warns on holiday sales. J.R. Whalen reports.

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Economy Grew 2.6% Last Quarter; Mortgage Rates Top 7%

Thu, 27 Oct 2022 15:13:00 -0000

Plus: Russia says it could target U.S. commercial satellites used to help Ukraine. J.R. Whalen reports.

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Employers’ Family Health Insurance Holds Steady Around $22,000

Thu, 27 Oct 2022 10:09:00 -0000

Banks have begun to send $13 billion in cash backing Elon Musk’s deal to buy Twitter. Samsung Electronics reports drop in net profit amid a slowdown in memory-chip demand. Keith Collins hosts.

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Tech Stocks Pull Nasdaq, S&P Lower; Meta Slides After Hours

Wed, 26 Oct 2022 21:00:00 -0000

Meta posts second straight revenue decline. Also: Alphabet, Microsoft shares decline following yesterday’s disappointing earnings reports. Boeing shares fall 8.8% after reporting a $3.3 billion quarterly loss. J.R. Whalen reports.

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Doctors Warn of Covid, Flu, RSV Outbreaks This Winter

Wed, 26 Oct 2022 16:06:00 -0000

Plus: Boeing says its losses deepened in third quarter. SEC approves rule requiring companies to recoup executive bonuses if corporate financial statements contain errors. J.R. Whalen reports.

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House Democrats Retract Ukraine Letter to Biden After Backlash

Wed, 26 Oct 2022 09:56:00 -0000

Chip-making giant SK Hynix significantly cuts planned investments for next year amid an industry downturn. Intel’s self-driving-car unit Mobileye prices its IPO at $21 a share. Keith Collins hosts.

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U.S. Stocks Rally; Google Reports Slower Sales Growth

Tue, 25 Oct 2022 21:09:00 -0000

Also: General Motors shares rise 3.6% after reporting better-than-expected results. Microsoft says quarterly profit fell and sales growth slowed. J.R. Whalen reports.

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Brittany Griner’s Appeal Rejected by Russian Court

Tue, 25 Oct 2022 15:19:00 -0000

Plus: Coca-Cola posts higher revenue, says it is preparing for global recession. Adidas ends partnership with Kanye West over controversies including anti-Semitic outburst. J.R. Whalen reports.

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House Democrats Urge Biden to Speak With Russia to End Ukraine War

Tue, 25 Oct 2022 10:13:00 -0000

Banking giant HSBC reports a drop in profit for the third quarter. E-cigarette maker Juul is in talks on a possible bailout with two of its biggest investors. Keith Collins hosts.

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U.S. Stocks Rally Ahead of Busy Earnings Week

Mon, 24 Oct 2022 20:10:00 -0000

Investors are eyeing a slower pace of interest-rate increases from the Federal Reserve. Also: U.S.-listed shares of Chinese tech companies decline after Xi Jingping secures a third term as China’s leader. J.R. Whalen reports.

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Rishi Sunak to Become U.K. Prime Minister

Mon, 24 Oct 2022 15:17:00 -0000

Plus: U.S. schools record biggest drop in math scores ever, Education Department says. Russia moves to defend Kherson against Ukraine’s advance, accuses Kyiv of preparing dirty bomb without citing proof. J.R. Whalen reports.

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Boris Johnson Drops Out of Race for U.K. Prime Minister, Giving Rishi Sunak the Edge

Mon, 24 Oct 2022 10:24:00 -0000

Record arrests at Southern U.S. border fueled by migration wave. China’s economy grew 3.9% in the third quarter. Kate Bullivant hosts.

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U.S. Stocks Soar on Hopes of Slower-Pace of Rate Hikes

Fri, 21 Oct 2022 20:50:00 -0000

Also: Energy stocks were among the day’s winners. Snap shares fall 28% a day after reporting a further slowdown in the digital ad market. J.R. Whalen reports.

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Ukrainian Forces Attack Kherson; Steve Bannon Sentenced to Four Months

Fri, 21 Oct 2022 15:24:00 -0000

Plus: Doctors report high numbers of respiratory illness cases in children. Verizon says quarterly profit falls 23% as customers balk at higher monthly rates. J.R. Whalen reports.

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EU Leaders Push Forward Plans to Target High Natural-Gas Prices

Fri, 21 Oct 2022 09:58:00 -0000

President Biden’s student-loan forgiveness program clears a legal hurdle. Grocery-delivery company Instacart pulls back on plans for an IPO this year. Keith Collins hosts.

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U.S. Stocks Close Lower; Snap Tumbles

Thu, 20 Oct 2022 20:48:00 -0000

Also: Tesla shares down 6.7% after the company cut its full-year growth projection. Shares of Snapchat parent Snap fall more than 25% after hours as digital ad spending slows. J.R. Whalen reports.

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Liz Truss Resigns as U.K. Prime Minister After Six Weeks

Thu, 20 Oct 2022 15:18:00 -0000

Plus: U.S. home sales dropped for eighth straight month in September. Average U.S. mortgage rate rises to 6.94%. American Airlines revenue climbs as travel demand holds. J.R. Whalen reports.

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NATO, Russia Proceed With Annual Nuclear-War Exercises

Thu, 20 Oct 2022 10:10:00 -0000

Philip Morris sweetens its offer for tobacco-product maker Swedish Match. U.S. college enrollment drops for a third consecutive school year. Keith Collins hosts.

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U.S. Stocks Decline; Tesla Reports Near-Record Revenue

Wed, 19 Oct 2022 19:43:00 -0000

Investors are focused on Tesla’s ability to meet vehicle-delivery targets. IBM reports Q3 sales rose 6%. J.R. Whalen reports.

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Putin Declares Martial Law in Four Ukraine Regions

Wed, 19 Oct 2022 15:49:00 -0000

Plus: Spirit Airlines shareholders sign off on JetBlue merger. Procter & Gamble says strong U.S. dollar, weaker consumer spending power likely to affect annual sales. J.R. Whalen reports.

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Biden to Sell More Oil From Strategic Reserve to Keep Gas Prices in Check

Wed, 19 Oct 2022 10:14:00 -0000

Chip maker TSMC weighs expansion in Japan to reduce geopolitical risk. And U.K. inflation reaches 10.1% as government u-turns cloud outlook. Kate Bullivant hosts.

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U.S. Stocks Rally for Second Day; Netflix Beats Subscriber Estimates

Tue, 18 Oct 2022 21:07:00 -0000

Strong earnings, easing tension in U.K. markets propel stocks. Also, Goldman Sachs shares rise 2.3% after reporting lower profits but beating targets. After the bell, Netflix reports 2.4 million new customers in the third quarter. J.R. Whalen reports.

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EU Seeks Emergency Power to Cap Gas Prices

Tue, 18 Oct 2022 16:14:00 -0000

Plus: Goldman Sachs reports 43% profit drop, confirms reshuffling. Biden administration pares back Covid-19 measures as funding falls short. J.R. Whalen reports.

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Pentagon Says It Has Held Talks With SpaceX on Ukraine Starlink Funding

Tue, 18 Oct 2022 10:08:00 -0000

Intel is targeting a significantly lower valuation in the IPO of its Mobileye self-driving-car unit. Microsoft lays off more employees as it faces a slowdown in earnings growth. Keith Collins hosts.

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Better-Than-Expected Bank Earnings Lift U.S. Markets

Mon, 17 Oct 2022 21:02:00 -0000

Dow climbs 1.9% after Bank of America, BNY Mellon report strong third quarter earnings amid fears of a global recession. Also, Continental Resources founder plans to take the oil-and-gas producer private. Danny Lewis reports.

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U.K. Reverses Tax Cut Plan, Sending U.S. Stocks Higher

Mon, 17 Oct 2022 16:16:00 -0000

Plus: China delays GDP data release amid Communist Party congress. New England faces winter blackouts from high demand for natural gas, power operator warns. Danny Lewis reports.

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China’s Xi Jinping Stakes Out Ambitions as He Readies for Third Term

Mon, 17 Oct 2022 09:59:00 -0000

The U.K.’s new Treasury chief, Jeremy Hunt, is expected to reverse more proposed tax cuts in a bid to reassure markets. Goldman Sachs is planning to fold its biggest businesses into three divisions. Keith Collins hosts.

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U.S. Stocks Close Lower on Bank Earnings

Fri, 14 Oct 2022 20:40:00 -0000

Also: Shares of UnitedHealth rise 0.6% on higher profit projections. Cloud-computing company Nutanix shares up almost 25% on news the company may be exploring a sale. J.R. Whalen reports.

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U.S. Shoppers Pulled Back in September Amid High Inflation

Fri, 14 Oct 2022 15:26:00 -0000

Plus: Kroger to buy Albertsons in $24.6 billion deal. JPMorgan Chase, Morgan Stanley report lower third-quarter profit. J.R. Whalen reports.

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North Korea Conducts Another Ballistic Missile Test Launch

Fri, 14 Oct 2022 09:13:00 -0000

The U.S. House panel investigating the Capitol riot votes to subpoena former President Donald Trump. Cloud-computing company Nutanix is exploring a sale after receiving takeover interest. Keith Collins hosts.

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Stocks Rally Despite Inflation Data; Dow Up More Than 800 Points

Thu, 13 Oct 2022 20:32:00 -0000

Also: Netflix shares rise 5.3% after streamer says it will charge $6.99 per month for its ad-supported platform. Delta shares up 4% after the airline posted record revenue. J.R. Whalen reports.

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Inflation Ticked Down to 8.2% in September

Thu, 13 Oct 2022 15:36:00 -0000

But core inflation excluding food and energy costs rose to highest level in four decades. Average U.S. mortgage rates reach 6.92%. Social Security recipients to see 8.7% cost-of-living increase, largest since 1981. J.R. Whalen reports.

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Russia Hits Ukraine's Kyiv Region With Drone Attack

Thu, 13 Oct 2022 10:13:00 -0000

In Washington, the House Jan. 6 committee is expected to feature new video testimony at today’s scheduled hearing. Samsung Electronics gets a one-year exemption from new U.S. chip restrictions on China. Keith Collins hosts.

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U.S. Stocks Finish Lower After Release of Fed Minutes

Wed, 12 Oct 2022 20:26:00 -0000

Minutes from September Federal Reserve meeting indicate continued concern over high inflation. Also: Moderna shares rise 8% on the company’s agreement to develop and sell a cancer drug with Merck. J.R. Whalen reports.

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FDA Approves Omicron-Targeted Covid-19 Boosters for Young Children

Wed, 12 Oct 2022 16:20:00 -0000

Plus: OPEC slashes oil-demand forecasts after supply cuts. PepsiCo raises prices, lifts sales views again. J.R. Whalen reports.

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President Biden Plays Down Likelihood of Recession

Wed, 12 Oct 2022 10:03:00 -0000

The U.S. federal deficit fell by roughly half to $1.4 trillion in the latest fiscal year, according to Congressional Budget Office estimates. Nuclear-power services provider Westinghouse Electric to be bought by Canadian uranium company Cameco and Brookfield Renewable Partners. Keith Collins hosts.

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U.S. Stocks End Mixed as Nasdaq Enters Bear Market

Tue, 11 Oct 2022 20:03:00 -0000

Bank of England says rescue plan for pension funds will end on Friday. Also: shares of biotech Amgen rise 5.7% after Morgan Stanley upgrades the stock. Delta to take 2% stake in air-taxi manufacturer Joby Aviation. J.R. Whalen reports.

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New Rules Would Redefine Gig, Contract Workers

Tue, 11 Oct 2022 15:23:00 -0000

Rules could expand coverage of minimum-wage and overtime laws. Global economic growth likely to contract in 2023, International Monetary Fund says. Israel, Lebanon agree to deal to open gas flow to Europe. J.R. Whalen reports.

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Ukraine Air Defense Intercepts Russian Strikes on Several Cities

Tue, 11 Oct 2022 10:20:00 -0000

The chief executive of the biotech industry’s top lobbying group in Washington has resigned. The Bank of England further expands its bond-market rescue. Keith Collins hosts.

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U.S. Stocks Fall on Interest-Rate, China Trade Concerns

Mon, 10 Oct 2022 20:34:00 -0000

Tech sector was the worst performer of the S&P 500. Also: GM, Ford shares fall after UBS downgrade. Boeing shares rise after 737 MAX lands in China for first time since 2019. J.R. Whalen reports.

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China Lifts Grounding of Boeing 737 MAX Jets

Mon, 10 Oct 2022 15:38:00 -0000

Plus: British arms maker BAE Systems in talks with U.S. about restarting production of M777 Howitzer after success in Ukraine. Former Federal Reserve chairman Ben Bernanke among trio awarded Nobel Prize in Economic Sciences. J.R. Whalen reports.

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Russia Bombards Ukraine With Barrage of Missiles

Mon, 10 Oct 2022 10:00:00 -0000

China’s consumer spending suffers another blow from Covid lockdowns. Tesla’s Shanghai plant breaks a record for electric-vehicle deliveries. Keith Collins hosts.

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Dow Falls 600 Points on Strong Jobs Picture

Fri, 07 Oct 2022 19:50:00 -0000

All 11 sectors of the S&P 500 finish lower. Also: Dow Jones Transportation Average loses 2.8%. Shares of Credit Suisse rise 13% after the bank made an offer to buy back $3 billion in bonds. J.R. Whalen reports.

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U.S. Employers Added 263,000 Jobs in September

Fri, 07 Oct 2022 15:33:00 -0000

Stocks sell off as data point to continued aggressive Federal Reserve moves on interest rates. Facebook warns users of fake apps that steal login information. Nobel Peace Prize awarded to Belarusian activist, Russian and Ukrainian human-rights organizations. J.R. Whalen reports.

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U.S. Weighs Response to OPEC’s Decision to Cut Oil Output

Fri, 07 Oct 2022 10:21:00 -0000

A judge grants Elon Musk’s request to postpone a trial over his $44 billion deal to buy Twitter. Samsung Electronics forecasts a slump in quarterly profit. Keith Collins hosts.

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Stocks Finish Lower as Jobless Claims Rise

Thu, 06 Oct 2022 20:46:00 -0000

Also: Elon Musk and Twitter continue to work on an agreement for the billionaire’s $44 billion purchase of the social-media company to proceed. Peloton shares rise 4% after the CEO says cutting 500 jobs is necessary to save the company. J.R. Whalen reports.

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Mortgage Rates Tick Down Slightly

Thu, 06 Oct 2022 15:42:00 -0000

Initial jobless claims rose to 219,000 last week, Labor Department says. India probes cough syrup exports possibly linked to child deaths in Gambia. Nobel Prize in Literature awarded to French author Annie Ernaux. J.R. Whalen reports.

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U.S. Looks to Ease Venezuela Sanctions, Enabling Chevron to Pump Oil

Thu, 06 Oct 2022 10:22:00 -0000

Elon Musk and Twitter are at odds over terms of an agreement to proceed with a $44 billion takeover deal. Brookfield Asset Management joins with publisher Primary Wave Music in a deal focused on investing in music copyrights. Keith Collins hosts.

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U.S. Stocks Finish Lower in Volatile Session

Wed, 05 Oct 2022 20:25:00 -0000

Decline follows two days of strong gains. Twitter shares fall 1.4% following Tuesday’s sharp rise. Oil prices, energy stocks rise after OPEC+ agrees to production cuts. J.R. Whalen reports.

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OPEC+ to Cut Oil Production by 2 Million Barrels a Day

Wed, 05 Oct 2022 15:00:00 -0000

Plus: Murder rate rose 4% last year, far less than in 2020, FBI says. Nobel Prize in Chemistry awarded to trio of scientists for work in “click chemistry.” J.R. Whalen reports.

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WTO Says Sharp Global Trade Slowdown Points to Possible Recession, Lower Inflation

Wed, 05 Oct 2022 10:12:00 -0000

OPEC+ girds for contentious meeting over oil-production cuts. And Bridgewater founder Ray Dalio hands over control of the firm. Mohsin Ali hosts.

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Dow Climbs More Than 800 Points; Twitter Shares Rise 22%

Tue, 04 Oct 2022 20:48:00 -0000

Elon Musk offers to close $44 billion acquisition of Twitter on the original terms. Also: Ford shares up 7.7% on higher Bronco and electric vehicle sales. J.R. Whalen reports.

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Job Openings Fell by 10% in August

Tue, 04 Oct 2022 15:44:00 -0000

Plus: Dow crosses 30000 level as stocks continue Monday’s rally. Nobel Prize in Physics awarded to trio for work on quantum technology. J.R. Whalen reports.

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North Korea Launches Missile Over Japan

Tue, 04 Oct 2022 10:10:00 -0000

The U.S. Supreme Court is to weigh if YouTube, Twitter, Facebook are liable for users’ content. And Poshmark agreed to sell itself for less than half Its IPO price to Korea’s Naver. Mohsin Ali hosts.

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Dow Rises More Than 750 Points as U.S. Stocks Rally

Mon, 03 Oct 2022 20:53:00 -0000

All 11 S&P 500 sectors advanced. Investors are hoping weaker m anufacturing data points to a possible easing of interest-rate increases. Also: General Motors shares rise 2.4% after reporting a 24% jump in third-quarter U.S. sales. J.R. Whalen reports.

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U.S. Stocks Rally at Start of New Quarter

Mon, 03 Oct 2022 16:00:00 -0000

Plus: Russian lawmakers approve next step in absorbing four Ukrainian territories. Sweden-born geneticist wins Nobel Prize for discoveries related to genomes of extinct human groups. J.R. Whalen reports.

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In Brazilian Presidential Election, Leftist Former President Lula da Silva Wins First Round

Mon, 03 Oct 2022 10:44:00 -0000

The U.K. government abandons its plan to cut the rate of income tax for top earners. The U.S. Supreme Court term opens with new Justice and weighty cases. Mohsin Ali hosts.

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Dow Closes Below 29000 as Stocks Sell Off to End Quarter

Fri, 30 Sep 2022 16:40:00 -0000

Dow, S&P 500 and Nasdaq fall to their lowest levels of the year. Nike shares lose nearly 13% as discounts and freight costs cut into profit. J.R. Whalen reports.

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U.S. Household Spending Rose 0.4% in August

Fri, 30 Sep 2022 15:25:00 -0000

Plus: Hurricane Ian’s economic impact will be felt through end of 2022, economists say. Altria ends noncompete agreement with Juul Labs, allowing it to potentially acquire or launch its own e-cigarette brand. J.R. Whalen reports.

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Hurricane Ian Threatens South Carolina After Battering Florida

Fri, 30 Sep 2022 10:27:00 -0000

Russian President Vladimir Putin prepares to formally annex parts of Ukraine. And Eurozone inflation hits 10%, with the ECB set for a series of interest rate rises. Luke Vargas hosts.

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U.S. Stocks Give Up Most of Wednesday’s Gains

Thu, 29 Sep 2022 20:55:00 -0000

Dow tumbles more than 450 points as concerns about economic growth retake center stage. CarMax shares tumble after earnings miss. Bed Bath & Beyond’s sales drop 28%. Micron ’s profit sinks 45%. J.R. Whalen reports.

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Mortgage Rates Rise to 6.7%, Highest in More Than 15 Years

Thu, 29 Sep 2022 15:18:00 -0000

Plus: U.S. stocks decline sharply over inflation and economic growth concerns. NATO formally blames sabotage for leaks in Nord Stream natural-gas pipelines. J.R. Whalen reports.

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More Than Two Million Without Power as Hurricane Ian Hits Florida

Thu, 29 Sep 2022 10:31:00 -0000

Luxury car maker Porsche shares trade almost 2% above IPO price in debut. Telehealth startup Cerebral didn’t use software to flag minors according to employees and documents - Cerebral says it complies with state rules. Kate Bullivant hosts.

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U.S. Stocks Rally as Bond Yields Fall

Wed, 28 Sep 2022 17:25:00 -0000

Markets pivot in response to Bank of England’s plan to buy U.K. government debt. Biogen shares jump nearly 40% on experimental Alzheimer’s drug performance. Apple shares fall on report it is dropping plans to boost iPhone production. J.R. Whalen reports.

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Hurricane Ian Intensifies to Near Category 5

Wed, 28 Sep 2022 15:02:00 -0000

Plus: European Union proposes new round of sanctions against Russia over its move to annex parts of Ukraine. North Korea becomes one of the last countries to roll out a national Covid-19 vaccination program. J.R. Whalen reports.

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Ian Strengthens Into Category 4 Hurricane as It Bears Down on Florida

Wed, 28 Sep 2022 10:12:00 -0000

An experimental Alzheimer’s drug significantly slowed progression of the disease, according to a new study. China’s offshore currency hits a record low against the dollar. Keith Collins hosts.

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Dow Falls Further Into Bear Market as U.S. Stocks Finish Mixed

Tue, 27 Sep 2022 17:09:00 -0000

Yield on 10-year Treasury bond rises to highest level since 2010. Oil prices move higher. Cruise stocks are among the day’s winners. J.R. Whalen reports.

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Hurricane Ian Makes Landfall in Cuba as Category 3 Storm

Tue, 27 Sep 2022 15:50:00 -0000

Storm could reach Florida’s Gulf Coast tonight, forecasters say. Home-price growth slowed in July as higher mortgage rates curbed buyer demand. European authorities investigating leaks in Russian natural-gas pipelines. J.R. Whalen reports.

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U.S. Stock Futures Gain After Dow Fell Into Bear Market

Tue, 27 Sep 2022 10:02:00 -0000

Senate Democrats release the text of a proposal that includes a funding measure aimed at avoiding a government shutdown in the coming days. Lawyers for Elon Musk and Twitter are expected to debate pending information requests ahead of next month’s scheduled trial over a soured takeover deal. Keith Collins hosts.

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Dow Enters Bear Market as U.S. Stock Selloff Continues

Mon, 26 Sep 2022 19:17:00 -0000

S&P 500 falls to new low point for the year as investors worry about the effects of higher interest rates. Brent-crude futures extend recent declines. Amazon plans additional Prime Day-like event in October. J.R. Whalen reports.

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Hurricane Ian Closes In on Cuba, Threatens Florida

Mon, 26 Sep 2022 15:16:00 -0000

Plus: Pfizer, BioNTech ask U.S. health regulators to clear updated Covid-19 booster shot for children ages 5 to 11. Canada to lift remaining Covid border restrictions on Oct. 1. J.R. Whalen reports.

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U.K. Pound Briefly Hits Record Low Against the Dollar

Mon, 26 Sep 2022 10:07:00 -0000

Italians elected a right-wing coalition to lead the country, according to projected results. The White House is resisting lawmakers’ calls to broaden a proposed price cap on Russian oil. Keith Collins hosts.

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Dow Hits 52-Week Low as U.S. Stocks Finish Broadly Lower

Fri, 23 Sep 2022 19:22:00 -0000

Economic uncertainty pushes bond yields higher, oil prices lower. Ford shares drop as supply-chain issues delay deliveries of F-Series trucks and other models. J.R. Whalen reports.

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Dow Falls Below 30000 Over European Economic Concerns

Fri, 23 Sep 2022 15:01:00 -0000

Plus: Hong Kong lifts Covid-19 hotel quarantine policy for visitors. Manufacturing issues lead to shortage of Moderna’s Covid booster shot in the U.S. J.R. Whalen reports.

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U.K. Unveils Tax Cuts in Effort to Bolster the Economy

Fri, 23 Sep 2022 10:13:00 -0000

House lawmakers approve bills to boost police funding as Democrats seek to fend off criticism ahead of midterm elections. Tesla countersues the California agency that filed a racial-discrimination lawsuit against the company. Keith Collins hosts.

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U.S. Stocks Fall as More Central Banks Raise Rates

Thu, 22 Sep 2022 20:02:00 -0000

Yields on two-year and ten-year Treasury bonds rise to new highs. Boeing poised to settle with the SEC over alleged misleading statements about 737 MAX jets, according to people familiar with the matter. J.R. Whalen reports.

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Mortgage Rate Rise to 6.29%, Highest Since 2008

Thu, 22 Sep 2022 15:19:00 -0000

Plus: Bank of England follows Federal Reserve’s lead and raises key interest rates. Darden reports drop in quarterly profit as higher restaurant sales fail to offset rising costs.

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U.S. Government Wins Appeal on Mar-a-Lago Classified Documents

Thu, 22 Sep 2022 10:02:00 -0000

The Federal Trade Commission says Amazon founder Jeff Bezos and CEO Andy Jassy must testify in an investigation related to the company’s Prime membership program. The yen rallies after Japan intervenes in an effort to stem the currency’s sharp fall. Keith Collins hosts.

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U.S. Stocks Tumble as Fed Raises Interest Rates 0.75 Percentage Point

Wed, 21 Sep 2022 20:55:00 -0000

Federal Reserve Chairman Jerome Powell says avoiding a recession is becoming less likely. All 11 sectors of the S&P 500 finish lower. Yield on the two-year Treasury note rises to multiyear high. J.R. Whalen reports.

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U.S. Home Sales, Prices Fell in August

Wed, 21 Sep 2022 15:29:00 -0000

Plus: General Mills raises its sales outlook as more consumers eat at home to save money. Walmart to hire 40,000 workers for holiday shopping season, fewer than last year. J.R. Whalen reports.

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Russia Raises Nuclear Threat, Orders Reservist Mobilization

Wed, 21 Sep 2022 10:15:00 -0000

The CEOs of several major U.S. banks are expected to face questions about the economy during congressional hearings this week. A Food and Drug Administration internal review found several shortcomings hampered the agency’s response to a baby-formula shortage. Keith Collins hosts.

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U.S. Stocks Decline Ahead of Fed’s Interest-Rate Decision Wednesday

Tue, 20 Sep 2022 17:22:00 -0000

Yield on 10-year Treasury note hits highest closing level since 2011. Ford shares fall after automaker says parts shortages and higher costs will hit earnings. Gap shares drop on WSJ report it plans to cut 500 corporate jobs. J.R. Whalen reports.

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Russia Moves to Annex Four Occupied Regions of Ukraine

Tue, 20 Sep 2022 15:50:00 -0000

Plus: New York City to end Covid-19 vaccine mandate for private-sector workers. U.S.-backed panel says all adults should be checked for depression. J.R. Whalen reports.

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In the Russia-Ukraine War, Neither Side Controls the Skies

Tue, 20 Sep 2022 10:09:00 -0000

Mining giant Fortescue plans to spend billions of dollars in a bid to stop using fossil fuels by 2030. A U.S. judge rejects the government’s antitrust challenge to UnitedHealth’s deal to acquire Change Healthcare. Keith Collins hosts.

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U.S. Stocks Rise as Interest-Rate Increase Looms

Mon, 19 Sep 2022 20:36:00 -0000

Goldman Sachs says Federal Reserve will raise rates through end of next year before cutting them in 2024. Shares of vaccine makers fall after President Biden says the Covid-19 pandemic is “over.” J.R. Whalen reports.

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U.S. Hostage in Afghanistan Freed in Prisoner Swap

Mon, 19 Sep 2022 15:31:00 -0000

Plus: National Weather Service warns Puerto Rico could see landslides and mudslides resulting from Hurricane Fiona. Take-Two Interactive Software says hackers stole early footage of the next “Grand Theft Auto” videogame. J.R. Whalen reports.

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Queen Elizabeth II’s Funeral Draws Thousands in London

Mon, 19 Sep 2022 10:01:00 -0000

President Biden describes the Covid-19 pandemic as ‘over.’ U.S. workers’ return-to-office rates reach a pandemic high. Keith Collins hosts.

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U.S. Stocks Fall After FedEx Warning

Fri, 16 Sep 2022 21:22:00 -0000

All three major indexes have now posted losses for four of the past five weeks. FedEx shares suffer largest single-day drop on record. GE says supply chain pressure squeezing company. Danny Lewis reports.

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FedEx Sales Warning Prompts Market Selloff

Fri, 16 Sep 2022 16:19:00 -0000

Plus: Uber investigates cybersecurity breach. Intellia Therapeutics says its experimental gene-editing treatments show promise in early trials. Danny Lewis reports.

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China’s Economic Picture Improves, Though Hurdles Remain

Fri, 16 Sep 2022 09:58:00 -0000

A judge appoints an independent arbiter, or special master, to review records seized by the FBI from former President Donald Trump’s Mar-a-Lago home. The Justice Department forms a network of prosecutors focused on cryptocurrency crime. Keith Collins hosts.

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Erratic Trading Day Ends in a Decline for U.S. Markets

Thu, 15 Sep 2022 21:14:00 -0000

Plus, Adobe shares fall after making a $20 billion deal to buy collaboration-software company Figma. Kanye West breaks up with Gap, sending shares sliding. And FedEx shares plunge after hours following disappointing preliminary first quarter earnings. Danny Lewis reports.

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Mortgage Rates Hit 6% for First Time Since the Financial Crisis

Thu, 15 Sep 2022 15:46:00 -0000

Plus: Americans’ retail spending rose in August, Commerce Department says. Vladimir Putin, Xi Jinping meet in person for first time since Russia invaded Ukraine. Danny Lewis reports.

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U.S. Railroad Strike Averted as Tentative Deal Is Reached

Thu, 15 Sep 2022 10:11:00 -0000

Energy giant Shell names a new CEO. U.S. considers sanctions on Iran-linked entities following the attack on novelist Salman Rushdie. Keith Collins hosts.

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U.S. Stocks Edge Higher in Volatile Trading Day

Wed, 14 Sep 2022 21:02:00 -0000

Stronger-than-expected inflation report sent markets wobbling after Tuesday’s selloff. California accuses Amazon of violating antitrust and unfair competition laws. Railroad stocks fall ahead of a possible labor strike. Danny Lewis reports.

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Producer Prices Tick Down, Evidence That Inflation Is Slowly Waning

Wed, 14 Sep 2022 16:28:00 -0000

Core inflation gauge remains stubbornly high year-over-year. Investment giant SoftBank considers launching third Vision Fund. Queen Elizabeth II lies in state in London. Danny Lewis reports.

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Stock Futures Gain a Day After a Sharp Selloff on Wall Street

Wed, 14 Sep 2022 10:02:00 -0000

Walmart and other merchants urge Congress to pass a bill taking aim at credit-card fees. Google loses most of its appeal to overturn a European Union antitrust fine. An Amazon union election at a facility in upstate New York is planned for next month. Keith Collins hosts.

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Stocks Tumble in Worst Trading Day Since 2020

Tue, 13 Sep 2022 21:31:00 -0000

All three major U.S. indexes fell after data showed inflation remains elevated. Investors are steeling themselves for more interest rate hikes. Twitter saw a slight bump after shareholders approved its sale to Elon Musk, even as he tries to quash the deal. Danny Lewis reports.

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Inflation Is Easing, But Not Fast Enough for Investors

Tue, 13 Sep 2022 15:57:00 -0000

Consumer prices rose 8.3% in August from a year ago. U.S. stocks tumble, with the Nasdaq down more than 4%. Ukraine seeks to consolidate its military wins, deepen ties with Western allies. Danny Lewis reports.

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U.S. Aims to Bring Mexico on Board With Plans for Chips, Clean Energy

Tue, 13 Sep 2022 10:13:00 -0000

The Justice Department says it would accept one of former President Donald Trump’s proposed candidates as a special master to review documents seized from the former president’s home. Twitter whistleblower Peiter Zatko is expected to testify at a Senate hearing. Keith Collins hosts.

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Optimistic Investors Spur Stock Market Rally

Mon, 12 Sep 2022 21:20:00 -0000

Hopes that inflation is officially on the downswing drove U.S. indexes higher. Twitter shares fall as its lawyers reject Elon Musk’s latest argument to drop takeover deal. Peloton’s co-founder exiting company. Danny Lewis reports.

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U.S. Stocks Start New Week Up Ahead of Inflation Data

Mon, 12 Sep 2022 16:05:00 -0000

Plus: Wells Fargo to pay $145 million to settle 401(k) investigation. King Charles III addresses Parliament for first time as monarch. Danny Lewis reports.

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Ukraine Deals a Major Setback to Russia’s Forces

Mon, 12 Sep 2022 10:12:00 -0000

Covid-19 illness reduced America’s labor force by 500,000 people, according to a new study. Activist investor Dan Loeb indicates he’s backing off his push to persuade Disney to spin off ESPN. Keith Collins hosts.

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Strong Week for U.S. Stocks on Upbeat Corporate Earnings

Fri, 09 Sep 2022 20:25:00 -0000

Nasdaq adds 4.1% for the week. Tesla says it may build a new facility to support electric-battery production. Furniture retailer RH’s shares jump on better-than-expected earnings. J.R. Whalen reports.

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Affordable Care Act Premiums Expected to Rise Sharply

Fri, 09 Sep 2022 15:51:00 -0000

Small employers likely to feel biggest impact of higher premiums. Kroger supermarket chain says sales rose 9%. Federal judge dismisses former President Donald Trump’s lawsuit against Hillary Clinton. J.R. Whalen reports.

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U.K.’s King Charles III Set to Deliver First Address as Head of State

Fri, 09 Sep 2022 10:09:00 -0000

The U.S. Justice Department says it will appeal a judge’s order to appoint a special master in the Mar-a-Lago document investigation. China reports inflation slowed last month, adding to the country’s economic challenges. Keith Collins hosts.

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Elizabeth II Dies After 70 Years as Queen

Thu, 08 Sep 2022 20:47:00 -0000

Longest-reigning British monarch led U.K. through eras of change. Plus: U.S. stocks end higher amid new Federal Reserve comments. European Central Bank raises interest rates by historic 0.75 point. FDA approves Revance Therapeutics’ Botox rival Daxxify. Rivian, Mercedes to partner on electric-van factory. J.R. Whalen reports.

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Mortgage Rates Reach 5.89%, a 14-Year High

Thu, 08 Sep 2022 15:29:00 -0000

Plus: Ernst & Young expected to initiate split of its consulting and auditing businesses. Concerns over Queen Elizabeth II’s health mount as she is placed under medical supervision. J.R. Whalen reports.

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Democrats Likely to Narrow Priorities for Short-Term Spending Bill

Thu, 08 Sep 2022 10:05:00 -0000

Food and Drug Administration advisers back Amylyx’s experimental drug to treat amyotrophic lateral sclerosis. Snap’s CEO flags challenges ahead as the social-media company attempts a turnaround. Keith Collins hosts.

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Nasdaq Snaps Seven-Day Losing Streak

Wed, 07 Sep 2022 19:34:00 -0000

Stocks rally despite economic-growth concerns. Oil prices fall to lowest levels since before start of Ukraine war. Apple rolls out new iPhone 14 and high-end Apple Watch. Movie chain Cineworld files for bankruptcy. J.R. Whalen reports.

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Elon Musk Allowed to Include Whistleblower Comments in Twitter Suit

Wed, 07 Sep 2022 16:07:00 -0000

Plus: Russian President Vladimir Putin threatens to pull out of U.N.-brokered Ukrainian grain deal. Peloton says federal regulators plan to seek fines against it over treadmill recall. J.R. Whalen reports.

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Apple Expected to Reveal New iPhone 14 Lineup

Wed, 07 Sep 2022 10:15:00 -0000

Samsung sees the sharp downturn in chip sales extending into next year. Los Angeles schools are hit by a ransomware attack. Keith Collins hosts.

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U.S. Stocks Lose Ground at Start of Shortened Trading Week

Tue, 06 Sep 2022 19:49:00 -0000

Brent crude falls 3% amid concerns that lockdowns in China could stem demand. Shares of Bed Bath & Beyond fall after CFO’s death. Juul to pay $438.5 million to settle probe over underage vaping. J.R. Whalen reports.

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Bed Bath & Beyond Names Interim CFO

Tue, 06 Sep 2022 15:47:00 -0000

Plus: Ukraine creating passageway to evacuate residents from Russian-occupied nuclear power plant. Hearings in Elon Musk vs. Twitter legal battle scheduled for today. J.R. Whalen reports.

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Judge Grants Trump’s Request for Independent Documents Review

Tue, 06 Sep 2022 10:07:00 -0000

U.K. Prime Minister Boris Johnson to officially resign as Liz Truss is set to succeed him. Volkswagen plans to list its Porsche business in one of the biggest IPOs in years. Keith Collins hosts.

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U.S. Stocks Finish Lower After Morning Surge

Fri, 02 Sep 2022 19:32:00 -0000

Investors fear August’s strong jobs report won’t change Federal Reserve’s path forward on interest rates. Also: Lululemon shares rose 6.7% after the company reported strong quarterly sales. U.S. and international oil prices finish more than 6% lower for the week. J.R. Whalen reports.

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U.S. Added 315,000 Jobs in August, Jobs Report Shows

Fri, 02 Sep 2022 15:21:00 -0000

Hourly pay rose 0.3%, a slowdown from July’s wage growth. G-7 rolls out plan to cap price of Russian oil. GM to offer franchise buyouts to U.S. Buick dealers ahead electric-vehicle push. J.R. Whalen reports.

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Fed’s Aggressive Stance Pushes Yen to 24-Year Low Against Dollar

Fri, 02 Sep 2022 10:24:00 -0000

Argentina’s Vice President Is Unharmed After Assassination Attempt. And Kanye West Criticizes Adidas CEO Kasper Rorsted, Threatens to Walk Away From Gap. Luke Vargas hosts.

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U.S. Stocks Finish Mixed

Thu, 01 Sep 2022 21:19:00 -0000

Plus: Oil prices continue to decline due to fresh Covid-19 lockdowns in China and global demand fears. Chip maker Nvidia shares fall 7.7% after the company said it could lose $400 million in quarterly sales due to new licensing requirements on some shipments to China. J.R. Whalen reports.

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Mortgage Rates Rise to 5.66%

Thu, 01 Sep 2022 15:57:00 -0000

Plus: Mississippi officials see no end in sight to Jackson’s water crisis. Twitter to let some users test out an edit button. J.R. Whalen reports.

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U.N. Report Cites Human-Rights Abuses in Xinjiang

Thu, 01 Sep 2022 10:15:00 -0000

Democrats are entering the homestretch before November’s election in better shape than earlier this year, a Wall Street Journal poll shows. And chip-maker Nvidia warns of sales hit from new U.S. chip licensing requirements for China. Luke Vargas hosts.

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U.S. Stocks Fall for 4th Straight Day

Wed, 31 Aug 2022 19:47:00 -0000

Big three U.S. indexes finished August down more than 4%. Plus: Bond market yields continue to signal an impending recession. Snap shares rise 8.7% after the company announced a plan to lay off 20% of its workforce. J.R. Whalen reports.

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FDA Authorizes Covid-19 Booster Shots Targeting Omicron Subvariants

Wed, 31 Aug 2022 15:11:00 -0000

Plus: Taiwan says it will counterattack if China violates its territorial waters or airspace. Average life expectancy in the U.S. fell for a second straight year in 2021, CDC says. J.R. Whalen reports.

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Russia Halts Nord Stream Natural-Gas Pipeline, Pressuring Europe

Wed, 31 Aug 2022 10:21:00 -0000

International Atomic Energy Agency inspectors plan to set up a permanent mission at the Russian-occupied Zaporizhzhia nuclear power plant in Ukraine. The U.S. Justice Department points to likely obstruction in an investigation of documents at former President Donald Trump’s Mar-a-Lago home in Florida. Keith Collins hosts.

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U.S. Stocks Fall for Third Straight Day

Tue, 30 Aug 2022 20:01:00 -0000

Investors remain concerned that the Federal Reserve will continue to raise interest rates aggressively. Plus: the difference in 2-year and 10-year Treasury yields continues to point toward a recession. HP reports lower sales and warns of a consumer spending slowdown. J.R. Whalen reports.

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Home Prices Grew More Slowly in June Amid Higher Mortgage Rates

Tue, 30 Aug 2022 15:46:00 -0000

Plus: U.S. job openings rose to 11.2 million in July as competition for workers remains strong. Elon Musk cites Twitter whistleblower in effort to terminate acquisition deal. J.R. Whalen reports.

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Iran Sends First Shipment of Combat Drones to Russia

Tue, 30 Aug 2022 10:04:00 -0000

Exxon Mobil notifies Russia that it will sue the government unless the company is allowed to withdraw from a major oil-and-gas project. California lawmakers pass a bill to create a government panel that would set wages for fast-food workers. Keith Collins hosts.

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U.S. Stocks Extend Selloff Over Interest-Rate Concerns

Mon, 29 Aug 2022 19:50:00 -0000

Yield on the two-year Treasury note rises to 3.427%. Also: Tesla shares down 1.1%. U.S. crude prices ri se 4.2% over unrest in Libya and potential hurricane activity in the Atlantic. J.R. Whalen reports.

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NASA Postpones Artemis Launch Due to Engine Problem

Mon, 29 Aug 2022 15:44:00 -0000

Plus: U.S. stocks extend fall in early trading. Russia is pumping almost as much oil into the global market as it did before its invasion of Ukraine. J.R. Whalen reports.

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U.N. Inspectors to Visit Russian-Occupied Ukraine Nuclear Plant

Mon, 29 Aug 2022 10:21:00 -0000

NASA is scheduled to launch its Artemis I lunar test mission today. Honda and South Korea’s LG Energy plan to build an electric-vehicle battery factory in the U.S. Keith Collins hosts.

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Dow Drops More Than 1,000 Points After Powell’s Hawkish Rates Remarks

Fri, 26 Aug 2022 16:41:00 -0000

All 11 sectors of the S&P 500 finished lower. HP, Nvidia each fell more than 9%. Pfizer shares down 2.2% after Moderna sues the company and BioNTech, alleging the companies’ Covid-19 vaccine infringed on its intellectual property. Moderna shares fell 3.8%. J.R. Whalen reports.

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Powell Says Interest Rates Must Remain High to Tame Inflation

Fri, 26 Aug 2022 15:20:00 -0000

Plus: U.S. consumer spending rose more slowly in July, partially reflecting lower gas prices. Moderna sues Pfizer and BioNTech, alleging infringement of mRNA patents. J.R. Whalen reports.

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California Approves Rules to Ban Gas-Powered Cars by 2035

Fri, 26 Aug 2022 09:58:00 -0000

Tesla supplier Panasonic is planning an additional electric-vehicle battery plant in the U.S. SpaceX and T-Mobile are planning to connect satellites to cellphones, which will provide service to parts of the U.S. not reached by wireless networks. Keith Collins hosts.

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U.S. Stocks Rise Ahead of Powell Speech on Rates

Thu, 25 Aug 2022 20:04:00 -0000

Fed Chairman is expected to further detail plans for interest-rate increases tomorrow in Jackson Hole, Wyo. Plus: Peloton shares drop 18% after posting a $1.2 billion quarterly loss. Tesla shares fall 0.4% following its 3-for-1 stock split. J.R. Whalen reports.

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Mortgage Rates Rise to 5.55%

Thu, 25 Aug 2022 15:37:00 -0000

Plus: Second-quarter economic decline was less severe than estimated, Commerce Department says. U.S. military kills members of Iran-backed militia in Syria. J.R. Whalen reports.

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Idaho Must Allow Abortions in Certain Emergencies, Judge Rules

Thu, 25 Aug 2022 10:16:00 -0000

Amazon is shutting down its telehealth unit Amazon Care. Crypto ATM provider Bitcoin Depot has struck a $885 million SPAC deal to go public. Keith Collins hosts.

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U.S. Stocks Snap Three-Day Losing Streak with Modest Gains

Wed, 24 Aug 2022 19:01:00 -0000

Plus: Peloton shares up 20% as the company starts selling its fitness equipment and apparel on Amazon. Nvidia shares fall after hours due to lower-than-expected sales projections. J.R. Whalen reports.

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Businesses’ Demand for Big-Ticket Items Was Steady in July

Wed, 24 Aug 2022 15:53:00 -0000

Plus: U.S. to send about $3 billion in additional military aid to Ukraine. Peloton to sell fitness equipment and apparel on Amazon. J.R. Whalen reports.

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President Biden to Announce Student-Loan Forgiveness Plan

Wed, 24 Aug 2022 10:08:00 -0000

The Federal Trade Commission drops Meta CEO Mark Zuckerberg from an antitrust lawsuit against the Facebook parent company. Bed Bath & Beyond has clinched a deal for a loan to help shore up its liquidity. Keith Collins hosts.

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Stocks Finish Lower Amid Economic Uncertainty

Tue, 23 Aug 2022 19:26:00 -0000

Yield on the 10-year Treasury note rises for a third consecutive trading day. Also: Twitter shares fall 7.3% after its former head of security accused the company of failing to protect sensitive user data. Macy’s shares rise 3.8% after beating Wall Street’s earnings expectations. J.R. Whalen reports.

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Global Business Activity Slowed Sharply in August

Tue, 23 Aug 2022 16:07:00 -0000

Plus: U.S. natural-gas prices jump to 14-year high amid strong demand. Biden administration plans for fall Covid-19 booster campaign include 175 million doses of updated vaccines. J.R. Whalen reports.

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U.S. Warns Turkish Businesses Against Work With Sanctioned Russians

Tue, 23 Aug 2022 10:03:00 -0000

Former Malaysian Prime Minister Najib Razak is set to go to prison after losing his final appeal of corruption convictions related to one of the world’s largest financial scandals. Elon Musk’s lawyers seek documents from former Twitter CEO Jack Dorsey. Keith Collins hosts.

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Dow Falls More Than 600 Points on Interest-Rate Fears

Mon, 22 Aug 2022 20:05:00 -0000

Investors fear an aggressive interest-rate increase by the Federal Reserve in September could cause businesses and consumers to cut spending. Also: Netflix shares down 6%. Zoom cuts earnings and revenue forecasts for the year. J.R. Whalen reports.

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Interest-Rate Concerns Trigger Broad Stock Selloff

Mon, 22 Aug 2022 15:41:00 -0000

Plus: Ford laying off 3,000 white-collar and contract employees as it charts a long-term transition to electric vehicles. Dr. Anthony Fauci to retire in December. J.R. Whalen reports.

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Russia Investigates the Killing of Daughter of a Putin Ally

Mon, 22 Aug 2022 10:01:00 -0000

Chinese banks cut lending rates to help spur economic growth. Amazon is among the bidders for home-health-services provider Signify Health. Keith Collins hosts.

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Nasdaq Leads U.S. Stocks Lower

Fri, 19 Aug 2022 20:58:00 -0000

Major indexes post weekly losses as investors prepare for continued interest-rate hikes. Wayfair to lay off workers, citing low customer demand. Rivian drops cheapest versions of its electric truck and SUV models. Russia to halt Nord Stream gas flows to Europe, citing pipeline maintenance. Daniella Cheslow reports.

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Regal Cinemas Owner Prepares to File for Bankruptcy

Fri, 19 Aug 2022 16:03:00 -0000

Plus: General Motors to reinstate quarterly dividend. Chinese leader Xi Jinping may meet with Russian President Vladimir Putin at upcoming summit in Uzbekistan. Daniella Cheslow hosts.

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Inflation Pushes the Cost of Raising a Child to Above $300,000

Fri, 19 Aug 2022 10:21:00 -0000

The Biden administration outlines a plan that would return student-loan borrowers in default to good standing. Streaming overtakes cable-TV viewing in the U.S. for the first time. Keith Collins hosts.

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Bed Bath & Beyond Shares Plunge as Ryan Cohen Files to Sell His Stake

Thu, 18 Aug 2022 20:59:00 -0000

Major U.S. stock indexes edge higher. Weekly jobless claims tick down to 250,000. Kohl’s earnings fall by nearly two-thirds. Daniella Cheslow reports.

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Mortgage Rates Tick Down But Remain at Multiyear Highs

Thu, 18 Aug 2022 16:23:00 -0000

Plus: Shares of Bed Bath & Beyond under pressure after Ryan Cohen files to sell his stake. Former Trump Organization finance chief Allen Weisselberg pleads guilty to tax crimes. Big Ten college sports conference signs $7.5 billion deal for TV rights. Daniella Cheslow reports.

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U.S., Taiwan to Begin Formal Talks This Fall for Trade, Investment Pact

Thu, 18 Aug 2022 10:19:00 -0000

A U.S. appeals court rules that oil companies must face climate-liability lawsuits in state courts. World Wrestling Entertainment’s board finds that Vince McMahon paid $5 million to Donald Trump’s charity. Keith Collins hosts.

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U.S. Stocks End Lower After Fed Minutes Released

Wed, 17 Aug 2022 21:23:00 -0000

Minutes from last month’s Federal Reserve meeting showed policy makers agreed they needed to keep raising rates, but worried they might go too far. Major indexes decline following lackluster retail earnings reports. Daniella Cheslow reports.

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Americans’ Retail Spending Held Steady in July

Wed, 17 Aug 2022 16:00:00 -0000

Plus: Target profit falls, while Lowe’s reports sales decline. Former Trump lawyer Rudy Giuliani to appear before Georgia grand jury investigating efforts to overturn 2020 election. Daniella Cheslow reports.

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U.K. Inflation Tops 10%, the Highest Rate in Four Decades

Wed, 17 Aug 2022 10:03:00 -0000

Rep. Liz Cheney is defeated by a Trump-backed challenger in the Wyoming GOP primary. Amazon workers file to hold a union election at a warehouse in upstate New York. Keith Collins hosts.

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Dow Climbs on Strong Retail Earnings

Tue, 16 Aug 2022 21:16:00 -0000

Walmart shares jump on improved outlook. Home Depot posts record sales. New U.S. housing construction slowed in July. American Airlines to buy jets from Boom Supersonic. Meituan’s shares tumble on WSJ report that Tencent plans to reduce its stake. Daniella Cheslow reports.

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Walmart Revenue Rises But Inventory Glut Eats Into Profit

Tue, 16 Aug 2022 15:52:00 -0000

Plus: First Lady Jill Biden tests positive for Covid-19. Liz Cheney faces uphill fight in Wyoming GOP primary against Trump-backed opponent. Daniella Cheslow reports.

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Explosions Hit Russian Ammunition Depot in Crimea

Tue, 16 Aug 2022 10:15:00 -0000

President Biden plans to sign a sweeping economic package into law today. Mining giant BHP reports its annual net profit almost tripled on the back of surging coal prices. Keith Collins hosts.

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Commodities Prices Drop on China Growth Slowdown

Mon, 15 Aug 2022 21:24:00 -0000

U.S. stocks extend recent winning streak. Crude oil prices fall 3.1%. Dan Loeb’s Third Point calls for Disney to spin off ESPN. Starbucks alleges federal labor officials improperly handled union elections. Daniella Cheslow reports.

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Moderna Covid-19 Booster Targeting Omicron Gets U.K. Approval

Mon, 15 Aug 2022 16:13:00 -0000

Plus: Biden administration drops talks to release $7 billion in Afghan funds. Iran says it will lay out its position on a new nuclear deal today. Daniella Cheslow reports.

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China Cuts Rates After Fresh Data Point to Slowing Economy

Mon, 15 Aug 2022 10:08:00 -0000

U.S. lawmakers travel to Taiwan to meet with top leaders on the heels of House Speaker Nancy Pelosi’s visit. Authorities say no motive has been determined in the attack on author Salman Rushdie. Keith Collins hosts.

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U.S. Stocks Extend Rally as Inflation Worries Ease

Fri, 12 Aug 2022 19:34:00 -0000

Dow gains 2.9% for the week, while S&P, Nasdaq add more than 3%. Facebook parent Meta partners with DoorDash to deliver products from Facebook Marketplace. J.R. Whalen reports.

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U.S. Home Affordability Drops to Lowest Level Since 1989

Fri, 12 Aug 2022 15:22:00 -0000

Plus: Ukraine prepares to evacuate towns around Russian-controlled nuclear plant. Former President Donald Trump says he wouldn’t oppose release of Mar-a-Lago search warrant. J.R. Whalen reports.

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U.S. House Set to Pass Democrats’ Climate, Healthcare and Tax Package

Fri, 12 Aug 2022 09:54:00 -0000

Samsung’s Jay Y. Lee Receives Presidential Pardon. And Rivian’s Losses Nearly Triple to $1.7 Billion. Luke Vargas hosts.

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U.S. Stocks Finish Mixed as Inflation Worries Return

Thu, 11 Aug 2022 16:09:00 -0000

Energy stocks are among the day’s biggest gainers. Walt Disney’s shares jump after strong earnings and streaming subscriber numbers. Six Flags’ shares fall on declining revenue. J.R. Whalen reports.

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OPEC Cuts World Oil-Demand Forecasts for 2022, 2023

Thu, 11 Aug 2022 15:47:00 -0000

Plus: Product producers lifted prices more slowly in July. New weekly jobless claims climb slightly to new 2022 high. Authorities in Indiana try to identify cause of house explosion that killed three people. J.R. Whalen reports.

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Federal Trade Commission Aims to Expand Online Privacy Protections

Thu, 11 Aug 2022 10:11:00 -0000

The average price of gasoline in the U.S. falls below $4 a gallon for the first time since March. A judge rules that Walgreens helped fuel the opioid epidemic in San Francisco. Keith Collins hosts.

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Nasdaq Enters Bull Market as Stocks Rally on Inflation Data

Wed, 10 Aug 2022 20:35:00 -0000

Travel, financial stocks among the day’s winners. Disney reports 26% jump in quarterly revenue. Two former JPMorgan Chase precious-metals traders convicted of manipulating gold prices. J.R. Whalen reports.

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Inflation Inched Down to 8.5% in July

Wed, 10 Aug 2022 16:04:00 -0000

Prices were unchanged from the month before, Labor Department says. Former president Donald Trump invokes Fifth Amendment rights in deposition with New York Attorney General’s office. J.R. Whalen reports.

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Trump-Backed Candidate Wins Wisconsin Primary for Governor

Wed, 10 Aug 2022 10:05:00 -0000

China’s higher consumer inflation rate masks weak domestic demand. Elon Musk has sold almost $7 billion of Tesla stock in recent days. Keith Collins hosts.

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U.S. Stocks Finish Lower Ahead of July Inflation Data

Tue, 09 Aug 2022 16:56:00 -0000

Tech stocks are among the day’s biggest losers. Chipmaker Micron Technology issues revenue warning. Coinbase Global reports $1.1 billion quarterly loss. J.R. Whalen reports.

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Worker Productivity and Wages Rose Last Quarter

Tue, 09 Aug 2022 15:10:00 -0000

Plus: FDA to adopt new strategy to stretch out monkeypox vaccine doses. Tennis star Serena Williams says she will likely retire after this month’s U.S. Open. J.R. Whalen reports.

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FBI Searches Trump’s Mar-a-Lago Home in Document Probe

Tue, 09 Aug 2022 10:03:00 -0000

Russia says that for now it won’t allow the U.S. to restart inspections of its nuclear arsenal. Boeing 787 Dreamliner deliveries are expected to resume in the coming days. Keith Collins hosts. Correction: Peloton is scheduled to release earnings on Aug. 25. A previous version of this podcast incorrectly said they were set for release Tuesday.

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U.S. Stocks Finish Mixed as Earnings Roll In

Mon, 08 Aug 2022 20:44:00 -0000

Plus: Nvidia shares fall as revenue misses expectations. Novavax cuts revenue outlook due to low demand for its Covid-19 shot. J.R. Whalen reports.

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China Extends Military Exercises Around Taiwan

Mon, 08 Aug 2022 15:44:00 -0000

Plus: Tyson Foods says rising costs held profit down despite higher chicken prices. Retrial of two men accused of plotting to kidnap Michigan Gov. Gretchen Whitmer gets underway this week. J.R. Whalen reports.

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Senate Passes Democrats’ Climate, Healthcare and Tax Bill

Mon, 08 Aug 2022 10:02:00 -0000

The U.S. and Iran close in on an agreement that would revive the 2015 nuclear deal. Japanese tech conglomerate SoftBank reports a record $23 billion quarterly loss. Keith Collins hosts.

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Stocks Finish Mixed on Strong Jobs Report

Fri, 05 Aug 2022 20:15:00 -0000

Investors fear 528,000 jobs added to the economy in July means the Fed cannot shift away from interest-rate increases. Amazon shares fall 1.2% after announcing purchase of Roomba maker iRobot. J.R. Whalen reports.

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U.S. Unemployment Rate Returns to Pre-Pandemic Lows

Fri, 05 Aug 2022 15:52:00 -0000

Economy added 528,000 jobs in July. Amazon bolsters smart-home portfolio with iRobot acquisition. First convoy carrying Ukrainian grain sets sail from Odessa. Zoe Thomas reports.

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Nancy Pelosi Says U.S. Won’t Allow China to Isolate Taiwan

Fri, 05 Aug 2022 09:54:00 -0000

Sen. Kyrsten Sinema wins tax changes to Democrats’ climate bill. Russia’s foreign minister says Moscow is open to talks about a prisoner swap involving U.S. basketball star Brittney Griner. Keith Collins hosts.

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Stocks Finish Mixed as Economic Worries Mount

Thu, 04 Aug 2022 20:23:00 -0000

Plus: Eli Lilly shares fall 2.6% after reporting lower revenue. Warner Bros. Discovery posts a $3.4 billion quarterly loss due to merger costs. Shares fell more than 7% after hours. J.R. Whalen reports.

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Mortgage Rates Dip Below 5% for First Time Since April

Thu, 04 Aug 2022 15:01:00 -0000

Plus: Russian prosecutors seek 9.5-year sentence for U.S. basketball star Brittney Griner. Kellogg Co. raises earnings outlook as consumer demand holds up despite price increases. J.R. Whalen reports.

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China’s Military Launches Live-Fire Exercises Around Taiwan

Thu, 04 Aug 2022 10:07:00 -0000

The U.S. senate approves adding Finland and Sweden to NATO. Tesla shareholders are expected to clear a path for a 3-for-1 stock split. Keith Collins hosts.

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Stocks Rally on Strong Earnings Reports

Wed, 03 Aug 2022 20:49:00 -0000

Also: Moderna shares rise 16% after posting earnings above expectations and announcing stock buyback. Plus: Walmart plans to cut hundreds of corporate jobs, a week after warning of lower profits, according to people familiar with the matter. J.R. Whalen reports.

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U.S. Stocks Move Higher on Strong Services Data

Wed, 03 Aug 2022 15:56:00 -0000

Plus: U.S. gas prices approach $4 a gallon after declining for seven straight weeks. Ford says strong electric-vehicle sales in July helped overall sales rise 37%. J.R. Whalen reports.

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Pelosi Vows ‘Ironclad’ Defense of Taiwan, as China Plans Live-Fire Drills

Wed, 03 Aug 2022 10:00:00 -0000

Kansas votes to protect abortion rights in state constitution. And Airbnb swings to profit as rentals remain strong despite inflation pressure. Luke Vargas hosts.

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Stocks Decline as House Speaker Pelosi’s Taiwan Visit Raises Tensions

Tue, 02 Aug 2022 19:38:00 -0000

Plus: Federal Reserve officials say hopes that the worst of inflation and interest rate increases could be over might be premature. Starbucks says higher spending on labor in the U.S. and Covid-19 lockdowns in China weighed on quarterly income. J.R. Whalen reports.

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Pelosi Arrives in Taiwan, Defying Beijing

Tue, 02 Aug 2022 15:31:00 -0000

U.S. House speaker to meet with Taiwan’s president and legislators tomorrow. British Airways halts ticket sales from London Heathrow Airport. Uber reports strongest-ever quarterly earnings. J.R. Whalen reports.

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U.S. Says Drone Strike Killed al Qaeda Leader Ayman al Zawahiri

Tue, 02 Aug 2022 10:13:00 -0000

China warns of “disastrous consequences” ahead of U.S. House Speaker Nancy Pelosi’s planned visit to Taiwan. Voters in a handful of U.S. states head to the polls for midterm election primaries. Canada’s TD Bank is close to a deal to buy investment bank Cowen for more than $1 billion. Keith Collins hosts.

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Stocks Finish Lower to Begin August

Mon, 01 Aug 2022 20:43:00 -0000

Also: Boeing shares rise 6.1% after avoiding a strike at three manufacturing plants. After the bell, Pinterest posts lowest revenue growth in two years, but in line with expectations. J.R. Whalen reports.

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Pelosi to Visit Taiwan Despite China’s Warnings

Mon, 01 Aug 2022 15:18:00 -0000

Plus: Russia repositioning troops in Ukraine’s south in preparation for counteroffensive. Cleveland Browns quarterback Deshaun Watson suspended for six games by neutral arbitrator. J.R. Whalen reports.

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Ukraine Grain Shipment Departs for First Time Since Russian Invasion

Mon, 01 Aug 2022 10:22:00 -0000

The Kentucky flooding death toll rises to 28. A Banana Boat sunscreen spray is being recalled due to the presence of the cancer-causing chemical benzene. Keith Collins hosts.

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U.S. Stocks Rise to Close Out Strong Month

Fri, 29 Jul 2022 20:51:00 -0000

Energy stocks among the day’s winners. Plus: Procter & Gamble shares fall 6.2% after warning that consumers are pulling back on spending. Tesla shares up 5.8% after CEO Elon Musk makes positive comments about inflation. J.R. Whalen reports.

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U.S. Household Spending Rose 1.1% in June

Fri, 29 Jul 2022 16:07:00 -0000

Americans’ purchasing power was significantly impacted by taxes and inflation. Plus: big oil companies report record Q2 profits. Biden administration to purchase 66 million doses of Moderna’s updated Covid-19 shot for fall booster campaign. J.R. Whalen reports.

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China’s Xi Warns Biden Over Taiwan Ahead of Possible Pelosi Visit

Fri, 29 Jul 2022 10:05:00 -0000

In Kentucky, flash flooding has left eight people dead and destroyed a number of homes. Grocery-delivery company Instacart expects to go public before year’s end. Keith Collins hosts.

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Stocks Rally for Second Straight Day

Thu, 28 Jul 2022 20:41:00 -0000

Plus: Spirit Airlines shares rise 5.6% after JetBlue agrees to buy it for $3.6 billion. Apple reports 11% profit decline but expects revenue to grow in the current quarter. J.R. Whalen reports.

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U.S. Economy Shrank by 0.9% in Second Quarter

Thu, 28 Jul 2022 15:25:00 -0000

The decline in gross domestic product for two straight quarters is a common definition of recession. Plus: Billionaire Jack Ma plans to relinquish control of Chinese fintech giant Ant Group, according to people familiar with the matter. JetBlue agrees to buy Spirit Airlines for $3.8 billion. J.R. Whalen reports.

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U.S. Presses Bid to Free Brittney Griner, Paul Whelan From Russian Detention

Thu, 28 Jul 2022 10:20:00 -0000

West Virginia Sen. Joe Manchin reaches an agreement to support a Democratic package on climate, healthcare and corporate taxes. JetBlue is nearing a deal to buy Spirit Airlines. Keith Collins hosts.

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Stocks Soar After Powell Pledges to Tame Inflation

Wed, 27 Jul 2022 21:23:00 -0000

Federal Reserve raises interest rates by 0.75 percentage point. Plus: Facebook parent Meta Platforms reports first revenue decline. Spirit Airlines and Frontier Airlines terminate merger agreement. J.R. Whalen reports.

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President Biden Tests Negative for Covid-19

Wed, 27 Jul 2022 15:25:00 -0000

Biden will end isolation inside the White House complex. Plus: Boeing reports lower profit due to inventory buildup of its 787 Dreamliner. Higher food prices help Kraft Heinz second-quarter sales rise more than 12%. J.R. Whalen reports.

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President Biden to Speak With China’s Xi Jinping on Thursday

Wed, 27 Jul 2022 10:05:00 -0000

Credit Suisse appoints a new CEO as the Swiss lender seeks to recover from financial losses. Activist investor Elliott Management has a stake in PayPal. Keith Collins hosts.

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Stocks End Lower on Mixed Earnings

Tue, 26 Jul 2022 20:42:00 -0000

Microsoft suffers a slowdown in cloud business. Google parent Alphabet affected by weakness in digital ad business. General Electric shares up 4.6% on rebound in jet-engine business. J.R. Whalen reports.

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GM Reports 40% Drop in Q2 Net Income

Tue, 26 Jul 2022 16:16:00 -0000

Automaker blames China losses, supply-chain issues. Plus: Some Ford Broncos are being investigated for engine failure at highway speeds. Home-price growth remained strong in May despite rising mortgage rates. J.R. Whalen reports.

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China Targeted the Fed to Build an Informant Network, a Probe Finds

Tue, 26 Jul 2022 10:21:00 -0000

The Justice Department has questioned former top advisers to Mike Pence over Donald Trump’s effort to overturn the 2020 election results. Federal investigations hastened the retirement of WWE Chief Executive Vince McMahon, according to people familiar with the matter. Keith Collins hosts.

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Walmart Cuts Profit Outlook; Stocks End Mixed

Mon, 25 Jul 2022 17:55:00 -0000

Retailer says higher food, gas prices causing consumers to cut spending. Also: Oil, wheat prices rise. J.R. Whalen reports.

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Russia to Reduce Natural-Gas Exports to Germany

Mon, 25 Jul 2022 16:43:00 -0000

Energy producer Gazprom blames problems with a turbine for the Nord Stream pipeline. Plus: Senate votes today to advance $280 billion package to boost U.S, technology competitiveness. Scientists suspect a hepatitis outbreak among children could be traced to viruses triggering liver inflammation in children with a certain genetic susceptibility. J.R. Whalen reports.

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Investors Bet That the Fed Will Cut Interest Rates in 2023

Mon, 25 Jul 2022 10:05:00 -0000

The White House says President Biden’s Covid-19 symptoms are improving. Elon Musk’s friendship with Google co-founder Sergey Brin was ruptured by an alleged affair. Keith Collins hosts.

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U.S. Stocks Snap 3-Day Winning Streak

Fri, 22 Jul 2022 19:47:00 -0000

Also: Snap shares fall 39% after reporting weakest quarterly sales growth as a public company. Google shares down 5.8%. American Express shares rise 1.9% after reporting strong revenue. J.R. Whalen reports.

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Twitter Reports Surprise Drop in Revenue

Fri, 22 Jul 2022 15:08:00 -0000

Plus: Russia, Ukraine strike deal to resume grain shipments via Black Sea. Biden administration holds off on sending long-range armed drones to Ukraine. J.R. Whalen reports.

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Jan. 6 Hearing Depicts Donald Trump as Content to Let the Riot Rage

Fri, 22 Jul 2022 10:01:00 -0000

Turkish and U.N. officials say a deal has been reached with Russia and Ukraine to resume grain exports through the Black Sea. California holds firm against truckers’ protests at the Port of Oakland. Keith Collins hosts.

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Tesla Leads S&P Higher as Markets Climb

Thu, 21 Jul 2022 19:37:00 -0000

Plus: AT&T shares fall 7.6%. United Airlines fal ls 10.2% after warning on effects of higher fuel prices. J.R. Whalen reports.

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President Biden Tests Positive for Covid-19

Thu, 21 Jul 2022 15:27:00 -0000

White House says the president is taking the antiviral Paxlovid and will continue working. Weekly U.S. jobless claims rise to new high for the year. Mortgage rates climb to 5.54%. European Central Bank raises interest rates by half point. J.R. Whalen reports.

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Russia Resumes Nord Stream Natural-Gas Supply to Europe

Thu, 21 Jul 2022 10:03:00 -0000

Italian Prime Minister Mario Draghi resigns. The U.S. House panel investigating the Jan. 6, 2021, Capitol riot is expected to focus on Donald Trump’s actions at the time. Ford plans to cut several thousand white-collar workers. Keith Collins hosts.

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Tesla Q2 Profits Beat Estimates; U.S. Stocks Finish Higher

Wed, 20 Jul 2022 20:02:00 -0000

Tesla posts first quarter-over-quarter profit decline in more than a year. Plus: Netflix shares rise 7.4%. J.R. Whalen reports.

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U.S. Home Prices Reach New Record High of $416,000

Wed, 20 Jul 2022 15:33:00 -0000

Sales of existing homes fell 5.4% last month. U.S. launches trade dispute with Mexico over energy policies. Abbott Laboratories reports higher revenue, raises earnings projections. J.R. Whalen reports.

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Vladimir Putin Says Russia Will Honor Gas Commitments to Europe

Wed, 20 Jul 2022 10:12:00 -0000

U.S. House lawmakers pass bill to protect same-sex and interracial marriage under federal law. U.K. inflation hits a new 40-year high. Keith Collins hosts.

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U.S. Stocks Rally; Netflix Subscriber Loss Beats Expectations

Tue, 19 Jul 2022 20:48:00 -0000

Netflix lost 970,000 subscribers last quarter. Plus: Novavax sha res rise 11.6% after CDC advisory panel recommends its Covid-19 vaccine. IBM shares fall. J.R. Whalen reports.

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Johnson & Johnson Posts Higher Sales, Cuts Projections

Tue, 19 Jul 2022 15:32:00 -0000

Plus: Consumer Financial Protection Bureau to push banks to pay back victims of money-transfer scams. Beijing to impose $1 billion fine on ride-hailing company Didi over data breaches. J.R. Whalen reports.

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Treasury Secretary Janet Yellen Calls for ‘Friend-Shoring’ Trade

Tue, 19 Jul 2022 10:13:00 -0000

Ukraine’s first lady, Olena Zelenska, is scheduled to meet with Jill Biden in Washington. Lawyers for Twitter and Elon Musk are expected to face off over a trial timetable in the social-media company’s lawsuit against the Tesla CEO. Keith Collins hosts.

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Stocks Close Lower; IBM Reports Higher Q2 Sales

Mon, 18 Jul 2022 20:46:00 -0000

Also: Apple shares fall 2% on report of hiring slowdown. Delta Air Lines shares rise 3.5% after saying it plans to purchase 100 of Boeing’s largest 737 MAX jets. J.R. Whalen reports.

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Goldman Sachs, Bank of America Report Lower Profits

Mon, 18 Jul 2022 15:40:00 -0000

Plus: Some parts of a classified review of U.S. military involvement in Afghanistan may not be released, WSJ reports. Foreign investment in U.S. real estate falls for fifth straight year. J.R. Whalen reports.

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Europe Is Scorched by Extreme Heat That Is Fueling Wildfires

Mon, 18 Jul 2022 10:04:00 -0000

A report by Texas lawmakers finds widespread failures in law enforcement’s response to the Uvalde school massacre. Boeing says it is close to resuming deliveries of its 787 Dreamliner. Keith Collins hosts.

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U.S. Stocks Rally on Retail Sales Data

Fri, 15 Jul 2022 19:31:00 -0000

Financial stocks are among the day’s winners. Major U.S. indexes post weekly losses. UnitedHealth Group shares jump on higher revenue and profit. J.R. Whalen reports.

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Retail Sales Climbed 1% in June Amid High Inflation

Fri, 15 Jul 2022 15:11:00 -0000

U.S. consumer spending figures spark rally on Wall Street. Citigroup, Wells Fargo join other big banks in reporting quarterly profit declines. J.R. Whalen reports.

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Sen. Joe Manchin Won’t Support Climate, Tax Measures in Economic Bill

Fri, 15 Jul 2022 10:02:00 -0000

China narrowly misses an economic contraction in the second quarter. Amazon has been cutting its private-label selection. Keith Collins hosts.

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U.S. Stocks End Mixed on Cloudy Economic Outlook

Thu, 14 Jul 2022 20:35:00 -0000

Dow, S&P fall while Nasdaq ekes out small gain. Energy sector is S&P’s worst-performing sector. Gold prices extend their decline. Activist investor Elliott Management takes big stake in Pinterest. J.R. Whalen reports.

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Mortgage Rates Rise for First Time in Three Weeks

Thu, 14 Jul 2022 15:14:00 -0000

Plus: JPMorgan Chase, Morgan Stanley report lower quarterly profits and issue downbeat economic outlooks. U.S. stocks suffer broad selloff in morning trading. J.R. Whalen reports.

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Michael Barr Confirmed as Fed’s Top Banking Regulator

Thu, 14 Jul 2022 10:01:00 -0000

Crypto lender Celsius Network files for bankruptcy protection. Tesla supplier Panasonic plans to build a $4 billion electric-vehicle battery plant in Kansas. Keith Collins hosts.

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U.S. Stocks Decline on June Inflation Report

Wed, 13 Jul 2022 21:02:00 -0000

Investors predict Fed will raise rates at least another 0.75 point. Oil prices stabilize. Netflix names Microsoft as partner to develop ad-supported streaming service. Unity Software to buy ironSource in $4.4 billion videogame deal. J.R. Whalen reports.

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Inflation Hit 9.1% in June, a Four-Decade High

Wed, 13 Jul 2022 15:53:00 -0000

Gas, housing and food prices rose the most. President Biden arrives in Israel on high-stakes Mideast trip. Delta Air Lines reports second-quarter profit. J.R. Whalen reports.

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Sri Lanka Declares State of Emergency After President Flees Country

Wed, 13 Jul 2022 10:00:00 -0000

Google CEO Sundar Pichai tells employees the company will slow hiring for the rest of the year. Twitter sues Elon Musk in an effort to force him to complete his $44 billion deal to buy the social-media company. Keith Collins hosts.

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U.S. Stocks, Oil Drop on Recession Fears

Tue, 12 Jul 2022 20:45:00 -0000

S&P 500, Nasdaq lose nearly 1%. Peloton says it will outsour ce stationary-bike and treadmill manufacturing. WSJ reports Netflix is in talks with Hollywood studios for an ad-supported streaming platform. J.R. Whalen reports.

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London’s Heathrow Airport Caps Number of Departing Passengers

Tue, 12 Jul 2022 16:14:00 -0000

Plus: Starbucks says it will close some stores over safety concerns. Hedge-fund manager William Ackman will return $4 billion to SPAC shareholders after failing to find a deal target. Trenae Nuri reports.

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House Panel to Look at Far-Right Groups Tied to Jan. 6 Attack

Tue, 12 Jul 2022 10:07:00 -0000

The Biden administration says hospitals must perform abortions in emergency situations. S&P 500 companies set another record for dividend payouts. Keith Collins hosts.

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Nasdaq Drops 2.3%, Leading U.S. Stocks Lower

Mon, 11 Jul 2022 20:52:00 -0000

Plus: Twitter shares tumble in first session since Elon Musk said he is ending his $44 billion takeover bid. Yield on 2-year Treasury outpaces that of 10-year note. J.R. Whalen reports.

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U.S. Stocks Open Lower as Inflation Looms Over Earnings Season

Mon, 11 Jul 2022 15:56:00 -0000

Plus: Global tax changes hit another delay. Texas residents are asked to conserve electricity as extreme heat threatens power grid capacity. Trenae Nuri reports.

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Ukraine Says It Has ‘Passed the Test’ on New U.S. Guided Rockets

Mon, 11 Jul 2022 10:18:00 -0000

On Capitol Hill, lawmakers return to work ahead of the start of campaign season for the midterm elections. Twitter shares fall after Elon Musk’s disclosure that he is seeking to abandon his deal to buy the company. Keith Collins hosts.

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Musk Scraps Twitter Bid; Nasdaq Leads Week of Market Gains

Fri, 08 Jul 2022 21:12:00 -0000

Dow, S&P 500 fall today; Nasdaq posts small increase. Tesla, Qualcomm shares rise amid jump in tech stocks. Elon Musk says he is terminating his agreement to buy Twitter. J.R. Whalen reports.

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U.S. Employers Added 372,000 Jobs in June

Fri, 08 Jul 2022 15:40:00 -0000

Unemployment edged higher to 3.6%. President Biden to sign order stepping up efforts to protect access to abortion, contraception. Gas prices fall to $4.72 a gallon. J.R. Whalen reports.

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Shinzo Abe, Former Japanese Prime Minister, Dies After Being Shot

Fri, 08 Jul 2022 10:20:00 -0000

U.S. startups are suffering a slowdown in going public amid a pullback in funding. Twitter lays off about a third of its talent acquisition team. Keith Collins hosts.

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U.S. Stocks Climb After Data Points to Cooling Labor Market

Thu, 07 Jul 2022 21:06:00 -0000

Also: Seagen shares rise on WSJ report that Merck is in talks to buy the company. U.S. crude oil prices rise back above $100 a barrel. J.R. Whalen reports .

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Mortgage Rates Fall to 5.3% as Recession Concerns Mount

Thu, 07 Jul 2022 15:58:00 -0000

Plus: Jobless claims remain near record lows. NBA star Brittney Griner pleads guilty to drug charges in Russian court. J.R. Whalen reports.

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U.K. Prime Minister Boris Johnson to Resign After Scandals

Thu, 07 Jul 2022 09:59:00 -0000

Samsung’s run of record results is expected to stall as the global tech boom fades. Merck is in advanced talks to buy cancer biotech company Seagen. Keith Collins hosts.

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Fed Minutes: Need to Accelerate Interest-Rate Hikes to Tame Inflation

Wed, 06 Jul 2022 18:52:00 -0000

Dow, S&P 500, Nasdaq inch higher. Oil prices continue to decline. Gamestop board approves 4-for-1 stock split. J.R. Whalen reports.

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Hiring Remains Strong, With Employers Posting 11.3 Million Jobs in May

Wed, 06 Jul 2022 16:09:00 -0000

Plus: Former Trump White House counsel Pat Cipollone agrees to testify before Jan. 6 Committee. Amazon to offer Grubhub subscription as part of Prime benefits. J.R. Whalen reports.

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Highland Park, Ill., Shooting Suspect Charged With Murder

Wed, 06 Jul 2022 10:09:00 -0000

The Biden administration sues Arizona over a new proof-of-citizenship voting law. The FDA suspends its ban on Juul’s e-cigarettes while the company appeals the agency’s order. Keith Collins hosts.

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Oil Prices Fall Amid Economic Growth Concerns

Tue, 05 Jul 2022 20:02:00 -0000

Also: Stocks finish mixed. Ford shares fall about 1% after automaker reports 27% sales decrease in June compared with last year. Shares of French streaming service Deezer fall more than 25% in first day of trading in Paris. J.R. Whalen reports.

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U.S. Stocks Slide as Investors Worry About Slow Economic Growth

Tue, 05 Jul 2022 15:43:00 -0000

Plus: Euro nears 20-year low against U.S. dollar. WNBA star Brittney Griner makes a direct plea to President Biden after being detained in Russia. Trenae Nuri reports.

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Police Apprehend Person of Interest in Highland Park, Ill., Shooting

Tue, 05 Jul 2022 10:03:00 -0000

Ukraine’s president tells Western officials that a huge investment would be needed to rebuild the country. The White House is looking at rolling back some tariffs on Chinese imports. Keith Collins hosts.

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Stocks Rise to Open Second Half of 2022

Fri, 01 Jul 2022 20:06:00 -0000

Also: GM shares rise 1.4% after automaker says profits won’t be affected by computer-chip supply shortages. Kohl’s shares fall 19.6% after calling off its sale to Franchise Group. J.R. Whalen reports.

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EU Proposes Broad Cryptocurrency Rules

Fri, 01 Jul 2022 16:14:00 -0000

Also: North Korea blames Covid-19 outbreak on virus-tainted balloons sent from South Korea. Russian prosecutors charge U.S. women’s basketball star Brittney Griner with intentionally importing drugs into the country. J.R. Whalen reports.

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Russia Strikes Ukraine’s Odessa Region, Killing at Least 18 People

Fri, 01 Jul 2022 10:08:00 -0000

Chinese leader Xi Jinping says Hong Kong’s loyalty to Beijing will ensure a prosperous future. The FDA is devising plans to allow clinical trials testing the transplantation of pig organs into humans. Keith Collins hosts.

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Markets Finish First Half of 2022 Sharply Lower

Thu, 30 Jun 2022 21:05:00 -0000

Dow down 15.3% through the first half. S&P and Nasdaq each down more than 20%. Bitcoin value drops to around $19,000. J.R. Whalen reports.

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Supreme Court Limits Power of EPA

Thu, 30 Jun 2022 15:34:00 -0000

Also: Justices rule Biden administration can cancel Trump-era “Remain in Mexico” program. Mortgage rates drop to 5.7% after three weeks of increases. J.R. Whalen reports.

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Vladimir Putin Says Russia Will Respond to NATO Expansion

Thu, 30 Jun 2022 10:08:00 -0000

Chinese leader Xi Jinping visits Hong Kong to mark the 25th anniversary of the city’s handover from Britain. Consumer groups in Europe plan to file privacy complaints against Google. Keith Collins hosts.

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U.S. Stocks Finish Mixed as End of First Half Nears

Wed, 29 Jun 2022 20:46:00 -0000

S&P 500 on pace for worst first half in five decades. Bed Bath & Beyond shares tumble on quarterly loss, CEO’s departure. General Mills shares climb after higher prices boost sales. Snap launching subscription Snapchat service. J.R. Whalen reports.

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Supreme Court Restores Oklahoma’s Power on Tribal Lands

Wed, 29 Jun 2022 16:03:00 -0000

Plus: OPEC, allies say they are behind on oil output targets. Key Covid-19 antibody drug could run out this summer, Biden administration officials warn. J.R. Whalen reports.

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White House Broadens Security Commitments in Europe

Wed, 29 Jun 2022 10:19:00 -0000

Ukrainian President Volodymyr Zelensky calls for the U.N. to eject Russia from the Security Council. The U.S. plans to expand efforts to vaccinate people against monkeypox. The Federal Trade Commission accuses Walmart of allowing its money-transfer services to facilitate fraud. Keith Collins hosts.

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U.S. Stocks Fall as Consumer Optimism Wanes

Tue, 28 Jun 2022 20:50:00 -0000

Dow falls 1.5%. S&P 500 declines 2%. Consumer discretionary stocks suffer broad declines, but energy stocks are among the day’s winners. J.R. Whalen reports.

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Three People Arrested After 50 Migrants Found Dead in Trailer

Tue, 28 Jun 2022 16:02:00 -0000

Plus: Ernst & Young agrees to pay a record $100 million fine in ethics exams-cheating scandal. Juul says the Food and Drug Administration mishandled its e-cigarette application. Elon Musk now has access to the Twitter data he said was needed to complete his $44 billion-dollar acquisition of the company. Trenae Nuri reports.

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Ukraine’s Grain Must Flow to Ease Global Food Strains, U.S. Official Says

Tue, 28 Jun 2022 10:03:00 -0000

The U.S. House panel investigating the Jan. 6, 2021, Capitol riot is scheduled to hold another public hearing Tuesday. In San Antonio, officials say at least 46 people were found dead in a suspected migrant smuggling operation. JetBlue again sweetens its offer for Spirit Airlines. Keith Collins hosts.

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U.S. Stocks Fall on Interest-Rate Fears

Mon, 27 Jun 2022 20:34:00 -0000

Spirit Airlines shares fall 8% after proxy advisory firm recommends airline’s investors vote for merger with Frontier. GE says CEO Larry Culp will immediately take over the company’s jet-engine business. J.R. Whalen reports.

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Supreme Courts Sides with Coach Who Prayed After Football Game

Mon, 27 Jun 2022 16:09:00 -0000

Plus: Orders for big-ticket goods rose in May. Leonardo Del Vecchio, Ray-Ban owner, has died. Trenae Nuri reports.

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G-7 Is Expected to Agree to Work on Proposed Price Cap on Russian Oil

Mon, 27 Jun 2022 10:25:00 -0000

Abortion providers in the U.S. face a shifting landscape after the Supreme Court’s decision to overturn Roe v. Wade. Russia defaults on its foreign debt for the first time in a century. Tesla, GM and other auto makers increase prices on certain electric models as battery-material costs rise. Keith Collins hosts.

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U.S. Stocks Soar as Interest-Rate Fears Ease

Fri, 24 Jun 2022 20:30:00 -0000

All 11 sectors of the S&P 500 rise. Wells Fargo shares climb 7.5%. FedEx shares up 7.2% after reporting higher revenue. J.R. Whalen reports.

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Supreme Court Overturns Roe v Wade

Fri, 24 Jun 2022 15:51:00 -0000

Decision lets states determine legality of abortion. Also: CDC recommends Moderna’s Covid-19 vaccine for children ages 6 to 17. J.R. Whalen reports.

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Ukraine Orders Withdrawal From Key City in Donbas Area

Fri, 24 Jun 2022 10:13:00 -0000

The U.S. Senate passes a bipartisan gun bill. Merck pushes ahead with a potential deal for biotech company Seagen. Keith Collins hosts.

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Stocks Rise After Testimony by Fed Chairman Jerome Powell

Thu, 23 Jun 2022 21:14:00 -0000

Also: Netflix shares rise 1.5% after confirming talks with potential advertising partners. Fedex shares rise more than 2.5% after hours after projecting higher profits next fiscal year J.R. Whalen reports.

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Mortgage Rates Climb to Highest Level in 13 Years

Thu, 23 Jun 2022 16:14:00 -0000

Also: Supreme Court strikes down New York’s concealed-weapon permit law. The Biden administration agrees to cancel $6 billion in student debt over fraud claims. J.R. Whalen reports.

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EU Leaders Expected to Invite Ukraine to Start Process of Joining Bloc

Thu, 23 Jun 2022 10:14:00 -0000

A U.S. House panel is set to hear about Donald Trump’s moves to enlist Justice Department officials in an effort to overturn the 2020 presidential election. The Food and Drug Administration is investigating a new report of a baby who died after consuming formula made by Abbott Laboratories. Keith Collins hosts.

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Stocks Edge Lower as Powell Acknowledges Economic Downturn Risk

Wed, 22 Jun 2022 21:00:00 -0000

Also: Moderna shares rise 4.7% after saying its modified Covid-19 vaccine triggered immune responses against Omicron subvariants. Oil prices fall 2.5% to their lowest settlement level in a month. J.R. Whalen reports.

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Moderna: Modified Covid-19 Shot Effective Against Omicron Subvariants

Wed, 22 Jun 2022 16:27:00 -0000

Also: Russian forces target two grain terminals in Ukraine. FDA expected to order Juul Labs to pull its e-cigarette products off the U.S. market. J.R. Whalen reports.

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Afghanistan Earthquake Kills More Than 900 People, Officials Say

Wed, 22 Jun 2022 10:15:00 -0000

President Biden is expected to call for a three-month suspension of the federal gasoline tax. The U.S. is moving forward with plans to require the elimination of almost all nicotine from cigarettes. Keith Collins hosts.

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U.S. Stocks Rally, but Economic Downturn Fears Loom

Tue, 21 Jun 2022 20:33:00 -0000

Economists still concerned about how the Fed will respond to inflation. Shares of Kellogg rise 2% after the cereal maker said it will split its business into three companies. J.R. Whalen reports.

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Existing Home Prices Hit Record High

Tue, 21 Jun 2022 15:37:00 -0000

Also: U.S. stocks rally after last week’s declines. The Supreme Court rules Maine cannot exclude religious schools when providing private-school tuition for students in areas that lack public schools. J.R. Whalen reports.

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Jan. 6 Panel to Focus on Trump’s Push to Alter Election Result

Tue, 21 Jun 2022 10:09:00 -0000

President Biden says he may make a decision within days on seeking a suspension of the federal gasoline tax. JetBlue says it has raised its offer for Spirit Airlines, while strengthening its commitment to divest itself of assets to get regulatory approval for the deal. Keith Collins hosts.

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Stocks End a Volatile Week Mixed

Fri, 17 Jun 2022 20:54:00 -0000

Nasdaq and S&P 500 gain while Dow falls. S&P 500 energy sector enters bear-market territory. J.R. Whalen reports.

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FDA Clears Covid-19 Vaccines for Young Children

Fri, 17 Jun 2022 16:00:00 -0000

Plus: U.K. approves WikiLeaks founder Julian Assange’s extradition to U.S. Starbucks says technical glitches slowed down mobile-order service this week. J.R. Whalen reports.

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The European Commission Recommends Ukraine for EU Membership

Fri, 17 Jun 2022 10:35:00 -0000

Two-thirds of global CEOs expect a recession in the next 12-18 months according to a May survey by the Conference Board. The Bank of Japan maintains ultra-low interest rates, bucking global trend. Luke Vargas hosts.

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Dow Falls Below 30000 for First Time Since January 2021

Thu, 16 Jun 2022 21:12:00 -0000

All 11 S&P 500 sectors decline amid inflation, interest-rate concerns. Twitter shares drop after Elon Musk addresses employees about his planned takeover. J.R. Whalen reports.

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Dow Loses More Than 700 Points, Undoing Post-Fed Rally

Thu, 16 Jun 2022 16:10:00 -0000

Plus: U.S. mortgage rates hit 5.78%, highest level since 2008. Senate gun-deal negotiators differ on red-flag laws, domestic abuser rules. J.R. Whalen reports.

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European Leaders in Ukraine as Kyiv Calls for More Military Aid

Thu, 16 Jun 2022 10:06:00 -0000

The Jan. 6 House panel today is expected to focus on then-President Donald Trump’s efforts to pressure Mike Pence over the 2020 election results. Elon Musk is expected to confirm his desire to own Twitter on a call with the company’s employees. Keith Collins hosts.

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U.S. Stocks Rally After Fed Raises Rates by 0.75 Point

Wed, 15 Jun 2022 20:54:00 -0000

Federal Reserve Chairman Jerome Powell says rate hikes as high as today’s would likely not be common. Bank stocks, tech stocks also rally on the Fed news. J.R. Whalen reports.

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Americans’ Retail Spending Fell 0.3% in May

Wed, 15 Jun 2022 15:30:00 -0000

Plus: FDA advisers to vote on Covid-19 vaccines for young children. Federal prosecutors charge 18-year-old accused of killing 10 people at Buffalo supermarket with hate crimes. J.R. Whalen reports.

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NATO Defense Ministers Contend With Rifts Over Ukraine Military Aid

Wed, 15 Jun 2022 10:19:00 -0000

In South Carolina’s Republican primary, Rep. Tom Rice is defeated by a candidate backed by former President Donald Trump. The European Central Bank schedules an emergency meeting to discuss bond-market turbulence. The Federal Reserve is widely expected to raise interest rates after its latest policy meeting. Keith Collins hosts.

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S&P 500 Moves Deeper Into Bear Territory

Tue, 14 Jun 2022 20:27:00 -0000

U.S. stocks finish mixed. Oracle shares jump on strong earnings from its cloud-computing division. Bitcoin briefly falls below $21,000. J.R. Whalen reports.

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Coinbase to Lay Off Staff, Warns of ‘Crypto Winter’

Tue, 14 Jun 2022 16:24:00 -0000

Plus: U.S. supplier prices rose in May amid higher food and energy costs. Food and Drug Administration advisory panel to vote on expanding Moderna’s Covid-19 vaccine to children ages 6 to 17. Trenae Nuri reports.

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U.S. Stock Futures Rise After S&P 500 Entered Bear Market

Tue, 14 Jun 2022 10:08:00 -0000

Congressional lawmakers push for new government powers that could block certain U.S. investments in China. Elon Musk is expected to speak directly to Twitter employees this week. Keith Collins hosts.

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S&P 500 Enters Bear Market

Mon, 13 Jun 2022 21:15:00 -0000

All three indexes decline sharply as interest-rate worries deepen. Tech and energy sectors suffer broad declines. Bitcoin falls 20% from Friday’s level. J.R. Whalen reports.

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S&P 500 Opens in Bear-Market Territory

Mon, 13 Jun 2022 16:04:00 -0000

Plus: Higher unemployment rates might be a consequence of the Fed’s efforts to fight inflation. The U.K. economy shrank in April for the second month in a row. Trenae Nuri reports.

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Senators Reach Framework on Measures to Address Gun Violence

Mon, 13 Jun 2022 10:04:00 -0000

A House panel’s Jan. 6 hearing today is expected to focus on then-President Donald Trump’s efforts to cast doubt on the 2020 election. Cryptocurrency lender Celsius Network tells users it is pausing some account activities because of market conditions. Keith Collins hosts.

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Stock Decline Sharply on Inflation Data

Fri, 10 Jun 2022 20:10:00 -0000

Dow falls more than 2%; S&P 500, Nasdaq each decline more than 3%. Ten-year Treasury yield reaches 3.156%, highest level since 2018. Tesla to seek approval for 3-for-1 stock split. J.R. Whalen reports.

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Inflation Reaches 8.6%, Highest Level Since 1981

Fri, 10 Jun 2022 15:05:00 -0000

U.S. stocks fell sharply as inflation outpaced Wall Street expectations. Beginning Sunday, passengers flying to the U.S. will not have to undergo Covid-19 testing before departure. J.R. Whalen reports.

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Jan. 6 House Panel Lays Out Case Against Trump in Public Hearing

Fri, 10 Jun 2022 10:08:00 -0000

The U.S. and Latin American countries are expected to sign an agreement on migration. Research suggests potential new benefits for immunotherapies in more cancer patients. Keith Collins hosts.

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Stock Markets Decline Ahead of Inflation Data

Thu, 09 Jun 2022 20:23:00 -0000

May inflation reading to be released Friday morning. Tesla shares fall nearly 1% after U.S. auto regulators expand investigation into crashes of its vehicles and emergency-response vehicles. J.R. Whalen reports.

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Shanghai Orders Covd-19 Testing After Emerging from Lockdowns

Thu, 09 Jun 2022 16:10:00 -0000

Some Shanghai districts have imposed new lockdowns over fears of a virus resurgence. Also: Microsoft to disclose pay ranges for all U.S. job postings. J.R. Whalen reports.

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House Passes Democrats’ Gun Measures as Senate Talks Continue

Thu, 09 Jun 2022 10:10:00 -0000

A House select committee is scheduled to begin public hearings on the Jan. 6, 2021, attack on the Capitol. Chip giant Intel joins a list of tech companies reassessing spending and staffing levels amid global economic uncertainty. Keith Collins hosts.

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Stocks Decline on Economic Worries

Wed, 08 Jun 2022 20:42:00 -0000

U.S. mortgage applications fall to their lowest level in 22 years. Campbell Soup shares rise 1.5% after reporting a boost in quart erly sales. Western Digital falls 4.1% after reaching settlement with Elliott Management that calls for it to split its business. J.R. Whalen reports.

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U.S. Gymnasts Among Group Filing $1 Billion in Claims Against FBI

Wed, 08 Jun 2022 15:39:00 -0000

More than 90 women and girls have accused the FBI of disregarding sexual-assault claims againt then-doctor Larry Nasser. Moderna says its modified Covid-19 shot provided a stronger immune response against the Omicron variant than its original vaccine in a recent study. J.R. Whalen reports.

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Russia and Turkey Hold Talks on Creating Passage for Ukraine’s Grain

Wed, 08 Jun 2022 10:12:00 -0000

The war in Ukraine is expected to double inflation rates in rich countries this year. A group led by Walmart heir Rob Walton agrees to buy the NFL’s Denver Broncos. Keith Collins hosts.

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Target Profit Warning Sparks Volatile Day for U.S. Stocks

Tue, 07 Jun 2022 20:52:00 -0000

Shares of Target close 2.3% lower, though broader markets finish higher. Novavax shares rise 6.2% after a panel of FDA advisers endorses the company’s Covid-19 vaccine. J.R. Whalen reports.

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Target Warns Profits Could Drop Due to Too Much Inventory

Tue, 07 Jun 2022 16:07:00 -0000

Plus: Big private-equity firms are targeting millionaire investors with new products. Treasury Secretary Janet Yellen faces scrutiny from lawmakers over high inflation. Trenae Nuri reports.

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U.S. Seeks to Seize Aircraft Owned by Russian Oligarch

Tue, 07 Jun 2022 10:06:00 -0000

U.K. Prime Minister Boris Johnson survives a no-confidence vote within his Conservative Party. Department-store chain Kohl’s says it is in advanced talks to be sold in a potential $8 billion deal. Keith Collins hosts.

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Stocks Open the Week Higher

Mon, 06 Jun 2022 20:29:00 -0000

Twitter shares fall 1.5% after Elon Musk accuses the company of not providing data on the number of fake and spam accounts. Amazon closes at $125 a share after 20-to-1 stock split. J.R. Whalen reports.

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Elon Musk Threatens to End Twitter Deal

Mon, 06 Jun 2022 16:12:00 -0000

Plus: JetBlue boosts break-up free to woo Spirit Airlines. According to a Wall Street Journal-NORC poll, Americans are pessimistic about the U.S. economy. Trenae Nuri reports.

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U.K. Prime Minister Boris Johnson to Face a No-Confidence Vote

Mon, 06 Jun 2022 10:11:00 -0000

Finance chiefs at several major companies express concerns over new U.S. foreign tax credit rules to Treasury Secretary Janet Yellen. The White House is expected to pause new tariffs on solar imports for two years. Keith Collins hosts.

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Jobs Report Pushes U.S. Stocks Lower as Investors Fret Over Inflation

Fri, 03 Jun 2022 21:04:00 -0000

Major stock indexes end week with losses. Tesla shares lose 9.2% after CEO Elon Musk says company will cut staff. Turning Point Therapeutics’ shares more than double after $4.1 billion acquisition deal with Bristol-Myers Squibb. J.R. Whalen reports.

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U.S. Employers Added 380,000 Jobs Last Month

Fri, 03 Jun 2022 15:35:00 -0000

May unemployment rate holds steady at 3.6%. U.S. stocks open lower. Doctors encourage patients to resume routine cancer screenings after a pandemic dropoff. J.R. Whalen reports.

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Russia-Ukraine War Enters Its 100th Day

Fri, 03 Jun 2022 10:24:00 -0000

President Biden renews his call for legislation to reduce gun violence after several deadly mass shootings. Retail chain Kohl’s receives a pair of takeover bids from Sycamore Partners and Franchise Group. Keith Collins hosts.

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U.S. Stocks Turn Higher, With Nasdaq Adding 2.7%

Thu, 02 Jun 2022 20:46:00 -0000

Federal Reserve’s Lael Brainard says half-percentage-point interest-rate increases would likely be appropriate. Oil prices tick higher on OPEC+ plan to increase production. Chewy shares jump 24% on surprise profit. J.R. Whalen reports.

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OPEC+ to Increase Oil Production by More Than Expected

Thu, 02 Jun 2022 16:00:00 -0000

Plus: Microsoft cuts earnings and revenue forecasts, citing impact of foreign-exchange rates. U.S. jobless benefits fell last week, remaining near historic lows. J.R. Whalen reports.

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Russia, Turkey Eye Cooperation as Black Sea Grain Talks Gain Steam

Thu, 02 Jun 2022 10:33:00 -0000

The U.S. plans to cancel all student debt from defunct for-profit education company Corinthian Colleges. Pfizer and partner BioNTech ask the Food and Drug Administration to authorize three Covid-19 vaccine doses for children under the age of 5. Keith Collins hosts.

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Sheryl Sandberg to Step Down as Meta COO After 14 Years

Wed, 01 Jun 2022 20:33:00 -0000

U.S. stocks open the month lower. Salesforce shares jump after revenue beats Wall Street expectations. J.R. Whalen reports.

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U.S. Job Hiring Remains Strong

Wed, 01 Jun 2022 15:14:00 -0000

Labor Department says there were 11.4 million job openings in April. WSJ reports exclusively that shippers and refiners are getting Russian oil to market despite sanctions. J.R. Whalen reports.

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Ukraine’s Zelensky Rejects Trading Land for Peace With Russia

Wed, 01 Jun 2022 10:08:00 -0000

The U.S. Supreme Court grants the tech industry a reprieve from a new Texas social-media law. Spirit Airlines shareholders are urged by a proxy-advisory firm to reject a deal to combine with Frontier. Keith Collins hosts.

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U.S. Stocks End May With Daily Losses

Tue, 31 May 2022 20:46:00 -0000

Nasdaq shed 2% this month. Unilever’s shares jump after saying it would add activist investor Nelson Peltz to its board. HP lifts its earnings projections. J.R. Whalen reports.

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High Inflation Hits the Eurozone

Tue, 31 May 2022 15:35:00 -0000

Plus: U.S. home-price growth hit record in March. Mortgage bond market roiled by fears it will be hit as Federal Reserve raises interest rates. Trenae Nuri reports.

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European Union Plans to Curb Oil Purchases From Russia

Tue, 31 May 2022 09:56:00 -0000

President Biden pledges to back the Federal Reserve in an effort to counter high inflation. Unilever says it will add activist investor Nelson Peltz to its board. Keith Collins hosts.

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U.S. Stocks Snap Losing Streak, Post Weekly Gains of 6% or More

Fri, 27 May 2022 19:57:00 -0000

Optimism about the retail sector continues to push stocks higher. Ulta Beauty shares jump more than 12%. Dollar Tree finishes up 1.3%. Brent Crude gains 6.1% for the week. J.R. Whalen reports.

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Americans Dip Into Savings to Pay for Higher Costs

Fri, 27 May 2022 15:32:00 -0000

U.S. savings rate drops to lowest level in 14 years. U.S. stocks on pace to finish week with gains. Baby-formula manufacturers scramble to make up for shortage of sunflower seed oil from Ukraine. J.R. Whalen reports.

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U.S. Gun Control Talks Focus on Areas of Compromise

Fri, 27 May 2022 09:49:00 -0000

Russia gains ground in bid to encircle troops defending Ukraine’s east. SPACs are warning they may go bust. Annmarie Fertoli hosts.

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Strong Retail Earnings Push U.S. Stocks Higher

Thu, 26 May 2022 20:27:00 -0000

Macy’s shares jump on robust sales growth. Discount chains Dollar General, Dollar Tree beat Wall Street expectations. Nvidia’s shares rise on record revenue. VMWare’s shares climb after Broadcom confirms plan to acquire it for $61 billion. J.R. Whalen reports.

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Weekly Jobless Claims Tick Down, Remain Near Prepandemic Levels

Thu, 26 May 2022 15:43:00 -0000

Plus: U.S. stocks rise sharply in morning trading. Ukrainian President Volodymyr Zelensky dismisses idea of relinquishing land to Russia in return for peace. J.R. Whalen reports.

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Secretary of State Antony Blinken to Lay Out U.S. Policy on China

Thu, 26 May 2022 10:03:00 -0000

In Uvalde, Texas, hundreds gather at a prayer vigil following a deadly mass shooting at an elementary school. Elon Musk plans to rely more heavily on equity for his deal to buy Twitter. Keith Collins hosts.

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U.S. Stocks Turn Higher on Federal Reserve, Retail Sector News

Wed, 25 May 2022 21:09:00 -0000

Fed minutes show officials thought they would need to raise interest rates by a half-percentage point at each of the next two meetings. Nordstrom, Express shares climb after retailers raise their 2022 forecasts. J.R. Whalen reports.

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Texas School Shooting Victims Were All in Same Classroom

Wed, 25 May 2022 16:01:00 -0000

Gunman was killed by members of elite border patrol tactical team. Russia says it is open to easing blockade on Ukraine’s Black Sea ports. WSJ reports exclusively that Iran used secret U.N. records to evade nuclear probes. J.R. Whalen reports.

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Georgia Gov. Brian Kemp Defeats Trump-Backed Rival in Primary

Wed, 25 May 2022 10:13:00 -0000

President Biden renews a call for gun-control legislation after a massacre at a Texas elementary school. CVS decides to stop filling controlled-substance prescriptions ordered by clinicians working at startups Cerebral and Done Health. Keith Collins hosts.

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Tech-Stock Selloff Pulls Nasdaq Lower

Tue, 24 May 2022 19:56:00 -0000

S&P 500 also falls, but Dow manages small gain. Shares of Snap plunge 43% as disappointing earnings trigger fears of an online ad-market slowdown. U.S. new-home sales slowed in April. J.R. Whalen reports.

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U.S. Stocks Tumble as Tech Selloff Deepens

Tue, 24 May 2022 16:01:00 -0000

Plus: Demand for Covid-19 vaccines and drugs plateaus. Primary races in Alabama, Arkansas and Georgia pose test of former President Donald Trump’s appeal within the GOP. Trenae Nuri reports.

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Russia Tries to Tighten Hold Over Occupied Areas of Ukraine

Tue, 24 May 2022 10:16:00 -0000

U.S. births increase for the first time since 2014. Samsung Group plans to invest over $350 billion in chips and other businesses in the next five years. Luke Vargas hosts.

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Financial Stocks Lead Market Rally

Mon, 23 May 2022 21:00:00 -0000

JPMorgan Chase shares jump on optimism about the economy. Shares of economic bellwethers such as Caterpillar gain. WSJ reports Broadcom is in talks to acquire VMWare for about $60 billion. J.R. Whalen reports.

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Pfizer Says Three-Dose Covid Vaccine 80% Effective in Young Children

Mon, 23 May 2022 15:49:00 -0000

Plus: GameStop launches digital wallet. Didi to proceed with delisting from NYSE. Starbucks is leaving Russia. Trenae Nuri reports.

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Biden Says U.S. Would Intervene Militarily if China Invaded Taiwan

Mon, 23 May 2022 10:58:00 -0000

Ukrainian President Volodymyr Zelensky is expected to deliver a virtual address to the World Economic Forum in Davos, Switzerland. Chip maker Broadcom is in advanced talks to buy software company VMware. Luke Vargas hosts.

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Stocks Finish Nearly Unchanged to Cap Volatile Week

Fri, 20 May 2022 21:03:00 -0000

Ross Stores shares fall 22% after posting lower quarterly sales. Bitcoin falls 5% and has fallen roughly 58% from its November all-time high. J.R. Whalen reports.

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U.S. Stocks Turn Lower in Midday Trading

Fri, 20 May 2022 16:00:00 -0000

Plus: Deere & Co. reports higher quarterly sales and profits. President Biden visits semiconductor plant in South Korea. J.R. Whalen reports.

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Global Stocks Rise After China Cuts a Key Interest Rate

Fri, 20 May 2022 10:05:00 -0000

Russia rejects calls to end a blockade that is preventing Ukraine from shipping grain to world markets. Boeing successfully launches its Starliner vehicle into space. Luke Vargas hosts.

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Stocks Finish Lower After Turbulent Session

Thu, 19 May 2022 20:50:00 -0000

Target shares down another 5% after yesterday’s steep decline. Boeing shares rise 1.3% after winning a key contract for its 737 MAX jet. J.R. Whalen reports.

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Dow Down in Early Trading as Volatility Continues on Wall Street

Thu, 19 May 2022 15:34:00 -0000

Plus: Kohl’s reports lower quarterly sales to due to inflation’s impact on consumers. Senate expected to approve $40 billion in additional military aid to Ukraine. J.R. Whalen reports.

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U.S. Stock Futures Slide, Pointing to Possible Further Losses

Thu, 19 May 2022 10:47:00 -0000

The head of the U.N. warns that the war in Ukraine and other global crises could lead to mass hunger and famine. The Biden administration invokes a national security mobilization law in an effort to increase U.S. baby formula production amid a nationwide shortage. Luke Vargas hosts.

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Dow Drops More Than 1,100 Points on Recession Fears

Wed, 18 May 2022 20:45:00 -0000

Disappointing earnings reports from big retailers raise investors’ concerns. Target shares drop nearly 25%. Walmart shares fall nearly 7%. J.R. Whalen reports.

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Pennsylvania GOP Senate Race May Be Headed for a Recount

Wed, 18 May 2022 16:05:00 -0000

Plus: Target says it will absorb higher costs; retailer’s stock sinks. School districts struggle to spend emergency Covid-19 funds. J.R. Whalen reports.

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Sweden and Finland Apply for NATO Membership

Wed, 18 May 2022 10:09:00 -0000

Board members at mental-health startup Cerebral have agreed to replace its CEO amid a federal probe into its prescription practices. A U.S. government watchdog report finds Washington and Kabul share blame for last year’s fall of Afghan security forces. Luke Vargas hosts.

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U.S. Stocks Rally on Strong Retail Sales Figures

Tue, 17 May 2022 17:02:00 -0000

Tech, financial stocks among the day’s winners. Citigroup shares jump after Berkshire Hathaw ay discloses stake. Walmart shares tumble on lower earnings. J.R. Whalen reports.

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FDA Clears Pfiizer’s Covid-19 Booster for 5- to 11-Year-Olds

Tue, 17 May 2022 15:32:00 -0000

Plus: Nestlé to fly extra baby formula into the U.S. Retail sales rose in April. Walmart says sales grew in the first quarter but higher costs dented profit. Home Depot boosts its annual outlook. Trenae Nuri reports.

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Ukrainian Soldiers Ordered to Stop Fighting at Mariupol Steel Plant

Tue, 17 May 2022 10:21:00 -0000

Elon Musk says his deal for Twitter can’t move forward without more clarity from the company about fake user accounts. The FDA is easing rules on imports of baby formula in an effort to help boost supplies amid a nationwide shortage. Luke Vargas hosts.

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U.S. Stocks Mostly Lower to Open the Week

Mon, 16 May 2022 21:07:00 -0000

Nasdaq and S&P fall, Dow posts small gain. Twitter shares fall again as Elon Musk’s plan to acquire the social-media company remains on hold. Spirit Airlines shares jump 13% after WSJ reports JetBlue plans to launch hostile takeover attempt. J.R. Whalen reports.

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McDonald’s Ends Business in Russia After Three Decades

Mon, 16 May 2022 15:40:00 -0000

Plus: Disagreements among U.S. lawmakers emerge over legislation to boost U.S. competitiveness against China. New study finds about 80 million residential and commercial properties in the U.S. face some wildfire risk in the next 30 years. Trenae Nuri reports.

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NATO Chief Says Ukraine Can Defeat Russia

Mon, 16 May 2022 10:19:00 -0000

The Buffalo, N.Y., shooting suspect was given a mental-health evaluation last year after he expressed a desire to carry out an attack, law-enforcement officials say. JetBlue plans to launch a hostile takeover attempt for Spirit Airlines. Luke Vargas hosts.

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Wall Street Ends Punishing Week With Friday Gains

Fri, 13 May 2022 20:59:00 -0000

Dow posts seventh straight weekly loss. Twitter shares retreat after Elon Mu sk says acquisition is on hold. Robinhood shares surge after FTX cryptocurrency exchange founder discloses stake. Trenae Nuri reports.

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U.S. Stocks Open Higher After Turbulent Week

Fri, 13 May 2022 16:16:00 -0000

Plus: Surge in diesel prices hits trucking and farming in Europe and U.S. Technology companies including Facebook, Twitter and Uber pull back on hiring. Trenae Nuri reports.

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Elon Musk Says Twitter Deal Is Temporarily on Hold

Fri, 13 May 2022 10:37:00 -0000

Ukrainian officials say they are in talks to evacuate soldiers from a besieged steel plant in Mariupol. President Biden calls for renewed efforts globally to fight Covid-19. Baby-formula makers and retailers say it could take weeks to address shortages. Luke Vargas hosts.

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Dow Drops for Sixth Straight Day

Thu, 12 May 2022 21:23:00 -0000

U.S. stocks on pace for weekly losses. Beyond Meat shares fall on wider-than-expected quarterly loss. WeWork shares jump on improved guidance. Coinbase shares recoup some of Wednesday’s losses. Bitcoin rebounds to above $28,000. Trenae Nuri reports.

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Six Million Ukrainians Have Fled, UN Says

Thu, 12 May 2022 16:04:00 -0000

Plus: European natural-gas prices soar after Russia imposes sanctions on energy companies. Rivian recalls electric pickup trucks over potentially faulty air bags. Trenae Nuri reports.

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U.S. Stock Futures, Global Markets and Bitcoin Fall

Thu, 12 May 2022 10:19:00 -0000

Finland’s leaders support applying for NATO membership in response to Russia’s invasion of Ukraine. Japan’s SoftBank reports a $13 billion annual loss, its biggest ever. Luke Vargas hosts.

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Nasdaq Drops 3.2% After Inflation Report

Wed, 11 May 2022 21:16:00 -0000

U.S. stocks slump on higher-than-expected inflation data. Pharma, tech stocks decline. Bitcoin loses 2.7%. Trenae Nuri reports.

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Inflation Eased to 8.3% Annual Rate in April

Wed, 11 May 2022 17:05:00 -0000

Plus: U.S. stocks wavered and Treasury yields rose following the release of the inflation data. Cryptocurrency TerraUSD takes a plunge. Kohl’s shareholders reject activist’s push to overhaul the retailer’s board. Trenae Nuri reports.

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Natural-Gas Prices in Europe Rise on Ukraine Plan to Cut Flows

Wed, 11 May 2022 10:08:00 -0000

On Capitol Hill, the House passes a $40 billion emergency aid package for Ukraine and U.S. allies in the region. A Palestinian-American reporter for Al Jazeera is killed during an Israeli military raid in a West Bank city. Toyota says higher materials costs are cutting into profits. Luke Vargas hosts.

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Seesaw Day on Wall Street Ends With Stocks Mixed

Tue, 10 May 2022 21:06:00 -0000

Dow posts fourth consecutive daily loss. S&P 500, Nasdaq edge higher. Bitcoin stabilizes after steep selloff. Trenae Nuri reports.

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Stock Selloff Continues as Early Gains Vanish

Tue, 10 May 2022 15:54:00 -0000

Plus: Peloton lines up $750 million in financing amid lower quarterly sales and mounting losses. China car sales decline, with Tesla, Volkswagen and Nissan among the hardest hit. Trenae Nuri reports.

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U.S. Stock Futures Rise After Wall Street Selloff

Tue, 10 May 2022 09:58:00 -0000

House lawmakers plan to vote on nearly $40 billion of additional aid for Ukraine. Elon Musk says his plans for Twitter align with European Union rules on social media. Luke Vargas hosts.

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U.S. Stocks Tumble to Lowest Levels of the Year

Mon, 09 May 2022 21:37:00 -0000

High inflation and rising interest rates shake investors. Tech and industrial stocks take a dip. Bitcoin falls below $31,000. Trenae Nuri reports.

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China’s Trade Slows as Inflation Hits Foreign Consumers

Mon, 09 May 2022 16:09:00 -0000

Plus: U.S. stocks slide in morning trading. Covid-19 cases and hospitalizations rise in Puerto Rico and New England. Sri Lankan Prime Minister Mahinda Rajapaksa resigns amid economic crisis. Trenae Nuri reports.

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Russia Calls Ukraine War a Forced Response to Western Policies

Mon, 09 May 2022 10:42:00 -0000

AT&T, Comcast, Verizon and other companies have agreed to help offer high-speed internet to millions of unconnected households, the White Houe says. Cryptocurrency prices fell over the weekend after the selloff on Wall Street. Luke Vargas hosts.

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Stocks’ Losses Deepen to End Volatile Week

Fri, 06 May 2022 20:51:00 -0000

Yield on the 10-Year Treasury note rises to 3.124%. DraftKings shares fall nearly 9% as costs to attract customers continue to rise. J.R. Whalen reports.

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Employers Added 428,000 Jobs in April

Fri, 06 May 2022 16:17:00 -0000

Unemployment remains at 3.6%. Also, Hungary holds up European Union efforts to impose a Russian oil embargo. Prosecutors investigating the January 6th riot at the Capitol give alleged Oath Keepers militia members until today to enter plea agreements. J.R. Whalen reports.

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U.S. Stock Futures Point to Wall Street Extending Selloff

Fri, 06 May 2022 10:31:00 -0000

In Mariupol, Ukraine, new efforts are under way to evacuate civilians from a besieged steel plant. The Food and Drug Administration limits authorized use of Johnson & Johnson’s single-dose Covid-19 vaccine. Luke Vargas hosts.

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Dow Drops More Than 1,000 Points; Nasdaq Falls 5%

Thu, 05 May 2022 21:08:00 -0000

Stocks’ losses were broad-based as investors worry about the economic impact of interest-rate increases. Bitcoin falls below $37,000 as investors unwind risky bets. J.R. Whalen reports.

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Elon Musk Secures $7 Billion Toward Twitter Bid

Thu, 05 May 2022 16:10:00 -0000

Plus: Average 30-year mortgage rate reaches 13-year high. New weekly jobless claims rise for first time since April. Broad student debt cancellation by executive action likely to face legal challenges, Obama education lawyer concluded. J.R. Whalen reports.

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Russia Steps Up Attacks on Ukraine Railways, Other Infrastructure

Thu, 05 May 2022 10:09:00 -0000

Shell takes a $3.9 billion financial hit related to its Russia exit. Sen. Elizabeth Warren questions Fidelity’s plan to put bitcoin in 401(k)s. Luke Vargas hosts.

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U.S. Stocks Soar After Powell Quells Talk of Bigger Rate Hikes

Wed, 04 May 2022 20:37:00 -0000

Federal Reserve’s half-point interest-rate hike is biggest since 2000. U.S. crude oil posts biggest one-day gain since mid-April after European Union proposes Russian oil ban. J.R. Whalen reports.

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Ukraine Takes Back Several Villages Near Kharkiv

Wed, 04 May 2022 15:12:00 -0000

Plus: U.S. trade deficit rose to record in March amid continued strong demand for computers, vehicles and oil. Uber says revenue more than doubled last quarter. J.R. Whalen reports.

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EU Proposes Ban on Russian Oil Imports

Wed, 04 May 2022 10:10:00 -0000

In Ohio, J.D. Vance, who was endorsed by former President Donald Trump, wins the Senate Republican primary. States move either to protect or restrict abortion rights after a leaked draft opinion indicated the Supreme Court could soon overturn Roe v. Wade. Luke Vargas hosts.

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U.S. Stocks Gain Ahead of Wednesday’s Fed Interest-Rate Decision

Tue, 03 May 2022 20:55:00 -0000

Investors expect the Federal Reserve to raise interest rates to curb inflation. Airbnb says revenue jumped 70% last quarter. Starbucks reports higher sales, profit. Elon Musk has told investors he plans to stage an IPO for Twitter, sources say. J.R. Whalen reports.

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Roe v. Wade Abortion Case Reignites Political Debate

Tue, 03 May 2022 16:41:00 -0000

Plus: Biogen CEO Michel Vounatsos stepping down as the drug maker plans cost cuts. U.S. job openings and the number of times people quit jobs reached record highs in March. Trenae Nuri reports.

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Leaked Supreme Court Draft Opinion Indicates Roe v. Wade May Be Overturned

Tue, 03 May 2022 10:38:00 -0000

Senate Majority Leader Chuck Schumer expects quick legislative action on President Biden’s request for $33 billion in Ukraine aid. BP takes a $25.5 billion financial hit from its Russia exit. Luke Vargas hosts.

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U.S. Stocks Open the Month Higher

Mon, 02 May 2022 20:55:00 -0000

Yield on benchmark 10-year Treasury touches 3% for first time since 2018. Spirit Airlines’ shares fall after it rejects JetBlue acquisition bid. J.R. Whalen reports.

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Spirit Rejects JetBlue Takeover Bid

Mon, 02 May 2022 15:54:00 -0000

Plus: European Commission accuses Apple of abusing its market power in mobile payments. Data from millions of Grindr users was collected and made available for sale for years. Trenae Nuri reports.

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Ukraine Claims It Sank Two Russian Naval Boats in Black Sea

Mon, 02 May 2022 10:15:00 -0000

China’s economy appears to be stalling. Europe aims to make a new push to revive the Iran nuclear deal. Luke Vargas hosts.

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Tech Stocks Finish Punishing Month With Another Tumble

Fri, 29 Apr 2022 21:07:00 -0000

Nasdaq closes out April down 13%, its worst month since 2008. Amazon shares suffer biggest one-day drop in 15 years. Apple shares fall on projected impact from China’s Covid-19 outbreak. J.R. Whalen reports.

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U.S. Households Boosted Spending by 1.1% in March

Fri, 29 Apr 2022 17:09:00 -0000

Worker pay grew at record pace in first quarter. FDA advances ban on menthol cigarettes. Russia makes bond payment in dollars to avert default. J.R. Whalen reports.

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U.N. Chief Says He Was ‘Shocked’ by Missile Strikes in Kyiv

Fri, 29 Apr 2022 09:53:00 -0000

Elon Musk sells about $4 billion in Tesla stock after agreeing to buy Twitter. The Labor Department criticizes Fidelity’s plan to let investors put bitcoin in their 401(k) accounts. Luke Vargas hosts.

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Nasdaq Rises More Than 3% as Tech Stocks Lead Rally

Thu, 28 Apr 2022 18:40:00 -0000

After the bell, Apple reports higher revenue and earnings. Amazon posts first quarterly loss since 2015. Robinhood reports fifth consecutive quarterly loss. J.R. Whalen reports.

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U.S. Economy Shrank by 1.4% Last Quarter

Thu, 28 Apr 2022 15:31:00 -0000

Plus: Germany to drop its opposition to embargo on Russian oil. Moderna asks FDA to approve its Covid-19 shot for children six months to five years old. J.R. Whalen reports.

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U.N. Chief Visits Ukraine for Talks With President Zelensky

Thu, 28 Apr 2022 09:52:00 -0000

Democratic lawmakers are working on a last-ditch effort to put together a narrower version of President Biden’s economic agenda. Elon Musk criticizes Twitter and its staff, triggering a backlash from employees. Luke Vargas hosts.

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U.S. Stocks Finish Mixed After Tuesday’s Selloff

Wed, 27 Apr 2022 20:43:00 -0000

Facebook parent Meta posts slower revenue growth, but better than many investors feared. Microsoft shares jump on higher quarterly revenue and profit. J.R. Whalen reports.

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Archegos Founder Indicted for Securities Fraud

Wed, 27 Apr 2022 15:34:00 -0000

Also: Boeing reports $1.24 billion quarterly loss, citing jetliner and military program setbacks. U.S. citizen Trevor Reed released by Russia in prisoner swap. J.R. Whalen reports.

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Russia Is Halting Gas to Poland, Bulgaria Over Payment Terms

Wed, 27 Apr 2022 10:04:00 -0000

Elon Musk says he is aiming to make Twitter a more freewheeling platform. Mattel has held talks with private-equity firms about a potential sale. Luke Vargas hosts.

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Dow Falls More Than 800 Points

Tue, 26 Apr 2022 20:46:00 -0000

U.S. stocks slide amid concerns of high inflation, Covid-19. Tesla shares decline after CEO Elon Musk’s offer to buy Twitter was accepted. Microsoft reports higher quarterly revenue and profit. Alphabet reports slower sales growth. J.R. Whalen reports.

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Xi Pushes China to Beat U.S. in Economic Growth

Tue, 26 Apr 2022 15:47:00 -0000

Plus: General Electric warns of impact from supply-chain disruptions, Russia-Ukraine war and latest Covid outbreaks in China. Biden administration plans to make at-home Covid antiviral treatments more available. Trenae Nuri reports.

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Russia Warns of Nuclear Conflict With the West

Tue, 26 Apr 2022 10:05:00 -0000

Twitter employees offer a range of reactions to the prospect of Elon Musk’s takeover of the social-media company. Fidelity Investments plans to become the first major retirement-plan provider to allow investors to put a bitcoin account in their 401(k)s. Luke Vargas hosts.

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Twitter Accepts Elon Musk’s $44 Billion Takeover Offer

Mon, 25 Apr 2022 20:46:00 -0000

U.S. stocks finish higher after trading in the red for much of the day. Energy stocks decline as investors fear China’s zero-Covid policies could weigh on global oil demand. J.R. Whalen reports.

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Twitter, Elon Musk Could Finalize Deal as Soon as Monday

Mon, 25 Apr 2022 16:06:00 -0000

Plus: Global accounting firms struggle to extricate their businesses from Russia. U.S. nears one million Covid-related deaths. Trenae Nuri reports.

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U.S. Says Its Diplomats Will Return to Ukraine

Mon, 25 Apr 2022 10:03:00 -0000

French President Emmanuel Macron wins re-election, defeating far-right leader Marine Le Pen. Twitter is in talks to sell itself to Elon Musk. Luke Vargas hosts.

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Stocks Suffer Broad Selloff Over Interest-Rate Concerns

Fri, 22 Apr 2022 19:48:00 -0000

Dow drops nearly 1000 points, its worst decline of the year. Also, American Express shares fall 2.8-percent after reporting lower quarterly net income compared to a year ago. J.R. Whalen reports.

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Embassies in Kyiv Reopen After Russian Forces Pull Back From Capital

Fri, 22 Apr 2022 15:00:00 -0000

U.S. embassy to remain closed until it is deemed safe to reopen. Shanghai to continue strict Covid-19 measures despite drop in cases. Philadelphia lifts indoor mask mandate. J.R. Whalen reports.

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Russia Says It Controls Mariupol, but Ukrainian Forces Hold Out

Fri, 22 Apr 2022 10:06:00 -0000

Florida lawmakers send a bill to end Disney’s special tax district to Gov. Ron DeSantis for his signature. Luke Vargas hosts.

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Tech Stocks, Powell Comments Drag U.S. Markets Lower

Thu, 21 Apr 2022 21:07:00 -0000

Fed chairman Jerome Powell signaled that the central bank was likely to raise interest rates by a half percentage point next month. Also, Tesla shares rise 3.2% a day after reporting record profits. J.R. Whalen reports.

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Mortgage Rates Rise to 5.11%

Thu, 21 Apr 2022 14:51:00 -0000

Plus: U.S. to send $800 million more in military aid to Ukraine, ban Russian ships from U.S. ports. Elon Musk says he has commitments for $46.5 billion in financing for Twitter deal. J.R. Whalen reports.

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Putin Calls Off Assault on Mariupol Plant, Orders Blockade Instead

Thu, 21 Apr 2022 10:00:00 -0000

The U.S. Justice Department says it will appeal a court ruling invalidating a Covid-19 mask mandate for public transportation. Federal Reserve Chairman Jerome Powell today could reinforce expectations of an interest-rate increase next month. Luke Vargas hosts.

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Netflix Shares Fall 35%

Wed, 20 Apr 2022 20:51:00 -0000

Stocks finish mixed. IBM shares rise 7.1% a day after reporting strong revenues. Tesla reports record quarterly profit after the bell. J.R. Whalen reports.

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U.S. Home Prices Hit New Record High in March

Wed, 20 Apr 2022 15:49:00 -0000

Plus: Procter & Gamble posts biggest quarterly sales gain in at least two decades. More than five million people have fled Ukraine since the start of the Russian invasion, U.N. says. J.R. Whalen reports.

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Ukraine Secures Agreement for Mariupol Humanitarian Corridor

Wed, 20 Apr 2022 10:00:00 -0000

Goldman Sachs CEO David Solomon is getting a bigger slice of the bank’s private-equity profits. Netflix explores an ad-supported version of its platform to help boost its shrinking subscriber base. Luke Vargas hosts.

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Netflix Shares Fall More Than 20% After Hours

Tue, 19 Apr 2022 20:56:00 -0000

But U.S. stocks rise on an overall positive earnings season. Plus, travel stocks rise after a federal judge struck dow n the mask mandate for passengers on airplanes and other public transportation. J.R. Whalen reports.

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European Airlines Weigh Mask Rules After U.S. Judge Throws Out Mandate

Tue, 19 Apr 2022 15:27:00 -0000

Plus: Biden administration restores stricter environmental standards for infrastructure projects. Blackstone buys student-housing developer American Campus Communities. Trenae Nuri reports.

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Ukraine’s President Says Russia Has Begun New Offensive

Tue, 19 Apr 2022 10:25:00 -0000

The U.S. has made more than one million arrests at its border with Mexico since October, new data show. Delta Air Lines has tested wireless internet technology on its planes developed by Starlink, a unit of Elon Musk’s SpaceX. Keith Collins hosts.

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Stocks Finish Lower on Inflation Worries

Mon, 18 Apr 2022 20:48:00 -0000

Also, Apollo Global Management considers participating in a bid for Twitter, according to people familiar with the matter. Plus, Bank of America shares rise 3.4% after first-quarter profit beats analysts’ expectations. J.R. Whalen reports.

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Bank of America’s Quarterly Profit Drops 12%

Mon, 18 Apr 2022 16:05:00 -0000

Bank is latest to report first-quarter profit decline. Police follow up on shootings in Pittsburgh, South Carolina. Investigation into baby formula and serious bacterial infections in infants turns murky. Trenae Nuri reports.

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Russia Launches Deadly Missile Strikes on Ukraine’s Lviv, Officials Say

Mon, 18 Apr 2022 10:18:00 -0000

China reports 4.8% first-quarter economic growth, beating market expectations. Electric-vehicle maker Rivian’s CEO warns of a potential shortage in battery supplies. Keith Collins hosts.

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Inflation Concerns Highlight Shortened Trading Week

Fri, 15 Apr 2022 20:45:00 -0000

U.S. markets reopen Monday after today’s Good Friday holiday. Twitter adopts “poison pill” to prevent Elon Musk from tak ing significantly bigger stake. IRS investigating American Express sales pitches. J.R. Whalen reports.

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Some Ukrainians Return as War Continues, U.N. Says

Fri, 15 Apr 2022 15:52:00 -0000

Plus: Drugmakers work to develop vaccine for common respiratory disease RSV. California lawmakers consider bill for a four-day work week. J.R. Whalen reports.

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Russia Says Moskva Warship Sank After Suffering Fire Damage

Fri, 15 Apr 2022 10:13:00 -0000

In Jerusalem, clashes between Israeli police and Palestinians at a holy site injure dozens. China’s localized Covid-19 lockdowns spread beyond Shanghai. President Biden plans to nominate Michael Barr to serve as the Federal Reserve’s top banking regulator. Keith Collins hosts.

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U.S. Stocks Fall as Wall Street Weighs Inflation’s Impact on Business

Thu, 14 Apr 2022 21:13:00 -0000

Plus: Twitter shares turn lower as investors question whether Elon Musk’s acquisition offer will go through. Peloton to cut prices on fitness equipment, raise fees for classes. J.R. Whalen reports.

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Elon Musk Offers to Buy Twitter in $43 Billion Deal

Thu, 14 Apr 2022 15:30:00 -0000

Plus: U.S. mortgage rates hit 5% for first time since 2011. Goldman Sachs, Citigroup report first-quarter profit declines of more than 40%. Wells Fargo says profit fell 21%. J.R. Whalen reports.

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Ukraine Claims Missile Strike Sank Russian Warship

Thu, 14 Apr 2022 10:04:00 -0000

Texas Gov. Greg Abbott plans to halt police inspections on one bridge linking the city of Laredo with Mexico. Starbucks prepares to expand worker benefits that might exclude unionized staff. Keith Collins hosts.

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U.S. Stocks Rally as Earnings Season Kicks Off

Wed, 13 Apr 2022 20:51:00 -0000

Delta Air Lines shares jump on return to profitability. JPMorgan Chase shares fall on quarterly profit decline. Antares Pharma shares soar on Halozyme acquisition deal. J.R. Whalen reports.

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Mask Mandate on Public Transit Extended by Another 15 Days

Wed, 13 Apr 2022 16:22:00 -0000

Plus: JPMorgan Chase quarterly profit falls 42% due to lower fees and higher expenses. Biden administration plans to expand student-loan forgiveness for defrauded borrowers. J.R. Whalen reports.

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Biden Labels Vladimir Putin's Actions in Ukraine 'Genocide'

Wed, 13 Apr 2022 10:15:00 -0000

U.K. inflation soars to a 30-year high. Walmart, Target and other retailers ration baby formula amid a supply crunch. The International Energy Agency says plans by the U.S. and allies to release oil from their reserves should help counter the loss of Russian crude supplies. Keith Collins hosts.

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U.S. Stocks Fall as Investors Weigh Fed’s Response to Inflation

Tue, 12 Apr 2022 20:43:00 -0000

Federal Reserve governor Lael Brainard says central bank will take aggressive stance against inflation. Albertsons executives predict lower profit margins. Etsy shares fall amid seller strike. J.R. Whalen reports.

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U.S. Inflation Surged to 8.5% in March, a New Four-Decade High

Tue, 12 Apr 2022 16:02:00 -0000

Plus: British Prime Minister Boris Johnson will be fined for Covid-19 lockdown parties in government offices. Residents across China stockpile food as Shanghai battles Covid outbreak. Trenae Nuri reports.

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Ukraine Officials Investigate Claim of Russian Chemical Attack

Tue, 12 Apr 2022 10:19:00 -0000

The U.S. State Department orders nonemergency consulate staff to depart Shanghai amid a growing Covid-19 outbreak. The Biden administration plans to allow more ethanol in gasoline this summer in an effort to lower prices at the pump. “Fortnite” creator Epic Games raises $2 billion in a funding round. Keith Collins hosts.

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U.S. Stocks Decline as Lockdowns Weigh on China’s Economy

Mon, 11 Apr 2022 21:02:00 -0000

Oil prices fall, bond yields rise amid economic uncertainty. Twitter shares rise after Elon Musk decides not to join the company’s board. J.R. Whalen reports.

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French Police Unit to Assist Ukraine in War-Crimes Probe

Mon, 11 Apr 2022 16:28:00 -0000

Plus: Some Etsy sellers temporarily close their shops to protest higher commission. Elon Musk says in filing he may engage in Twitter strategy. Trenae Nuri reports.

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Russia, Ukraine Prepare for War’s Biggest Battles

Mon, 11 Apr 2022 09:48:00 -0000

Twitter’s CEO says Elon Musk has decided not to join the company’s board of directors. Economists say the risk of a U.S. recession is rising. Keith Collins hosts.

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Bond Selloff Continues; Stocks Post Weekly Decline

Fri, 08 Apr 2022 20:44:00 -0000

Lower bond prices push yields higher for sixth straight day. Oil prices fall for second consecutive week. CrowdStrike reaches deal to work with Defense Department. J.R. Whalen reports.

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Ukraine Receives Soviet-Style Air-Defense System From Slovakia

Fri, 08 Apr 2022 16:22:00 -0000

Plus: Some big U.S. school systems don’t plan to reinstate mask requirements, despite rising Covid-19 cases. Spirit Airlines to entertain JetBlue’s unsolicited $3.6 billion takeover offer. J.R. Whalen reports.

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In Ukraine, Missile Attack on Train Station Kills More Than 30 People

Fri, 08 Apr 2022 09:49:00 -0000

A U.S. appeals court reinstates the Biden administration’s Covid-19 vaccine mandate for federal employees. Medicare limits payments for Biogen’s Alzheimer’s disease drug Aduhelm. Keith Collins hosts.

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Ketanji Brown Jackson Confirmed as First Black Woman on Supreme Court

Thu, 07 Apr 2022 20:30:00 -0000

Plus: U.S. stocks snap two-day losing streak. Crude-oil prices continue their retreat from recent highs. HP shares jump after Warren Buffett’s Berkshire Hathaway discloses a stake. Inflation squeezes Conagra’s earnings. J.R. Whalen reports.

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Weekly U.S. Jobless Claims Hit Lowest Level Since 1968

Thu, 07 Apr 2022 16:08:00 -0000

Plus: Walmart raises starting wages for truck drivers to up to $110,000 a year. Senate votes unanimously to strip Russia of most-favored-nation trade status. J.R. Whalen reports.

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Shell Warns of Up to $5 Billion Hit From Russia Exit

Thu, 07 Apr 2022 10:06:00 -0000

Ukraine asks NATO for more military aid in its fight against Russia. The Securities and Exchange Commission is investigating how Amazon has disclosed some details of its business practices. Fintech company Bolt Financial is buying crypto-services startup Wyre Payments. Keith Collins hosts.

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U.S. Stocks Close Lower After Release of Fed Minutes

Wed, 06 Apr 2022 20:35:00 -0000

Tech stocks lead markets’ decline. Homebuilder stocks continue to trend downward on prospect of higher interest rates. Yield on 10-year Treasury note rises to more than 2.6%. J.R. Whalen reports.

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U.S. Allies to Release More Oil to Contain Rising Prices

Wed, 06 Apr 2022 15:55:00 -0000

Plus: Ukraine urges residents to leave Donbas region ahead of new Russian offensive. President Biden extends pause on student-loan repayments to Aug. 31. J.R. Whalen reports.

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EU Proposes Banning Russian Coal Imports

Wed, 06 Apr 2022 10:00:00 -0000

Chinese service-sector activity plunges to its lowest level since the start of the pandemic. Plus, JetBlue joins Frontier Airlines in making a bid for ultralow-cost carrier Spirit Airlines. Luke Vargas hosts.

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Tech Stocks Reverse Course, Pull Markets Lower

Tue, 05 Apr 2022 21:10:00 -0000

Federal Reserve governor Lael Brainard reiterates central bank’s plans to trim inflation. Yield on two-year Treasury notes briefly rises above 10-year’s yield. Twitter shares rise after company names Elon Musk to its board. J.R. Whalen reports.

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Elon Musk to Join Twitter’s Board

Tue, 05 Apr 2022 15:47:00 -0000

Plus: Amazon steps up plans for Project Kuiper internet satellites. General Motors, Honda plan to jointly develop affordable electric vehicles. Trenae Nuri reports.

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Ukraine’s President Prepares to Address U.N. Security Council

Tue, 05 Apr 2022 09:53:00 -0000

Judge Ketanji Brown Jackson clears a procedural hurdle on the way to her Supreme Court confirmation. Plus, investment firm Disruptive Technology Solutions accuses Morgan Stanley of front-running a block trade. Luke Vargas hosts.

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Tech Stocks Lead U.S. Markets Higher

Mon, 04 Apr 2022 20:47:00 -0000

Twitter shares soar after Elon Musk discloses stake. Starbucks shares drop on plan to cease share repu rchases. Oil prices rise as European nations consider a faster shift away from Russian energy. J.R. Whalen reports.

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Elon Musk Becomes Twitter’s Largest Shareholder

Mon, 04 Apr 2022 15:24:00 -0000

Plus: Starbucks suspends stock buybacks as CEO Howard Schultz returns. JPMorgan’s Jamie Dimon says U.S. economy is facing unpredictable risks. Trenae Nuri reports.

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Ukraine Alleges War Crimes Following Russian Retreats

Mon, 04 Apr 2022 10:01:00 -0000

Native American tribes reach a deal to boost U.S. hydroelectric power production. Plus, beverage-supplier Westrock Coffee plans to go public via a SPAC. Luke Vargas hosts.

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Markets Rise on March Jobs Report

Fri, 01 Apr 2022 20:31:00 -0000

Plus, global oil prices finish the week down 11%. GM shares decline 1.8% on lower U.S. quarterly sales. J.R. Whalen reports.

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Employers Added 431,000 Jobs to U.S. Economy in March

Fri, 01 Apr 2022 15:34:00 -0000

Unemployment rate dips to 3.6%. Also, Ukrainian helicopters strike a Russian oil depot. Plus, Skippy recalls thousands of jars of reduced fat peanut butter because of possible stainless steel fragments from factory equipment. J.R. Whalen reports.

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Russia Hands Back Chernobyl Nuclear Plant to Ukraine

Fri, 01 Apr 2022 10:06:00 -0000

Chinese stocks close out their worst quarter since 2015. Plus, Kinder Morgan-backed Ruby Pipeline files for bankruptcy. Luke Vargas hosts.

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U.S. Stocks Close Out Dismal Quarter With Losses

Thu, 31 Mar 2022 21:33:00 -0000

All three major U.S. stock indexes suffer daily loss of more than 1.5%. Brent crude prices drop on President’s plan to release oil reserves. Bond market suffers worst quarter in decades. Shares of Facebook parent Meta close out worst quarter on record. J.R. Whalen reports.

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Consumer Spending Growth Slowed to 0.2% in February

Thu, 31 Mar 2022 15:55:00 -0000

Plus: U.S. mortgage rates surge to highest since 2018. Turkey's President Erdogan seeks to broker talks between Russia’s Putin, Ukraine’s Zelensky. J.R. Whalen reports.

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SPACs Could Face New SEC Rules

Thu, 31 Mar 2022 09:59:00 -0000

A new report forecasts major contractions for the Russian and Ukrainian economies. Plus, the U.S. claims Russian President Vladimir Putin felt misled by his troops about their performance in Ukraine. Luke Vargas hosts.

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U.S. Stocks Close Lower as Oil Prices Rise

Wed, 30 Mar 2022 20:43:00 -0000

Brent crude prices reverse recent losses. Lululemon shares gain on higher revenue and profit. Robinhood shares give up some of Tuesday’s gains. J.R. Whalen reports.

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Europe Woos Qatar in Search for Alternative to Russian Gas

Wed, 30 Mar 2022 15:15:00 -0000

Plus: CVS to pay $484 million to settle opioid case in Florida. Sen. Susan Collins to support Judge Ketanji Brown Jackson for Supreme Court. J.R. Whalen reports.

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Ukrainian, Russian Negotiators Make Some Progress in Peace Talks

Wed, 30 Mar 2022 10:00:00 -0000

401(k) savings plans get a boost in bipartisan retirement bill. Evergrande hires advisers to probe $2 billion cash seizure. Luke Vargas hosts.

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Oil Prices Continue Their Decline, Sending U.S. Stocks Higher

Tue, 29 Mar 2022 20:51:00 -0000

Brent crude falls 2%. Yields on two-year U.S. Treasurys briefly surpass yields on 10-year benchmark note. Robinhood to offer extended trading hours. Chewy reports third consecutive quarterly loss despite record sales. J.R. Whalen reports.

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FDA Greenlights Second Covid-19 Booster Shot for Older Adults

Tue, 29 Mar 2022 15:51:00 -0000

Ukraine proposes neutral status with security guarantees. Cease-fire talks end inconclusively. U.S. home prices rose at 19.2% annual rate in January, as inventory fell to new low. J.R. Whalen reports.

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Ukrainian, Russian Negotiators Meet in Turkey for Peace Talks

Tue, 29 Mar 2022 10:17:00 -0000

The U.S. Justice Department backs an antitrust bill targeting companies including Google, Apple and Amazon. FedEx founder Fred Smith plans to step down as chief executive later this year. Keith Collins hosts.

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U.S. Stocks Finish Choppy Session Higher, Adding to Last Week’s Gains

Mon, 28 Mar 2022 20:43:00 -0000

Oil prices decline. Tesla shares jump on plan to request approval for stock split. Meme stocks rise, with GameStop up 25% and AMC gaining 45%. J.R. Whalen reports.

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Israel, Arab Countries to Strengthen Security, Economic Ties

Mon, 28 Mar 2022 15:51:00 -0000

Islamic State claims deadly shooting in Israel. Tesla to request shareholder approval for stock split. Walmart stops selling cigarettes in some stores. J.R. Whalen reports.

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Ukraine Aims to Roll Back Some of Russia’s Gains

Mon, 28 Mar 2022 09:58:00 -0000

President Biden plans to propose a new minimum tax on the wealthiest Americans. The Apple TV+ movie “CODA” becomes the first streaming-service film to win best picture at the Academy Awards. Keith Collins hosts.

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U.S. Stocks Wobble But Finish Week With Gains

Fri, 25 Mar 2022 21:00:00 -0000

Nasdaq leads major indices with 2% weekly gain. Oil prices rebound. Bed Bath & Beyond adds new directors in deal with activist investor Ryan Cohen. Hedge fund Starboard loses effort to gain Huntsman board seats. J.R. Whalen reports.

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NATO Discusses Response If Russia Uses Chemical Weapons in Ukraine

Fri, 25 Mar 2022 15:50:00 -0000

Plus: Sen. Joe Manchin backs Judge Ketanji Brown Jackson for Supreme Court. Justice Clarence Thomas released from hospital. J.R. Whalen reports.

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U.S. to Boost Gas Deliveries to Europe in Bid to Cut Dependence on Russia

Fri, 25 Mar 2022 10:09:00 -0000

The Justice Department charges four Russian government workers in connection with a yearslong campaign of global cyberattacks. Apple says a judge’s ruling should be overturned in its battle against antitrust claims from “Fortnite” maker Epic Games. Keith Collins hosts.

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U.S. Stocks Rebound From Wednesday’s Selloff

Thu, 24 Mar 2022 21:02:00 -0000

Tech sector outperforms broader S&P 500, with chip makers showing strength. U.S. crude-oil prices take a breather from recent highs. Nikola shares climb as production begins on electric truck. Uber shares rise on WSJ report of New York City taxicab deal. J.R. Whalen reports.

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U.S. Will Admit 100,000 Ukrainian Refugees

Thu, 24 Mar 2022 15:48:00 -0000

Plus: Weekly U.S. jobless claims fall to 187,000, lowest level since 1969. Uber reaches deal to list all New York City taxis on its app. J.R. Whalen reports.

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Biden Meets Allies in Europe in Effort to Help Ukraine Fight Russia

Thu, 24 Mar 2022 09:43:00 -0000

North Korea test-fires a possible intercontinental ballistic missile. Toshiba shareholders reject management’s plan to split the conglomerate into two parts. Keith Collins hosts.

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Dow Falls More Than 400 Points as Oil Prices Jump

Wed, 23 Mar 2022 20:44:00 -0000

Russia says oil exports via Kazakhstan pipeline could temporarily fall. Tesla shares extend winning streak. GameStop shares jump after Ryan Cohen discloses stock purchase. J.R. Whalen reports.

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Ukraine Steps Up Lobbying Campaign, Presses for More Russia Sanctions

Wed, 23 Mar 2022 15:19:00 -0000

Plus: Deaths from heart disease and stroke rose sharply during pandemic. Moderna says its Covid-19 vaccine works safely in young children. J.R. Whalen reports.

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White House to Sanction Hundreds of Russian Lawmakers

Wed, 23 Mar 2022 09:58:00 -0000

The U.S. and the U.K. reach a trade agreement to end tariffs on products including British steel and American whiskey. A judge frees Chinese telecom-equipment maker ZTE from some U.S. supervision. Keith Collins hosts.

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U.S. Stocks Gain as Investors Shake Off Inflation Concerns

Tue, 22 Mar 2022 20:56:00 -0000

Nasdaq leads major U.S. indices higher. Nike shares rise on stronger-than-expected revenue. Okta shares drop after hackers claim breach. Bitcoin prices rise to around $42,600. J.R. Whalen reports.

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Judge Jackson Distances Herself From Idea of Living Constitution

Tue, 22 Mar 2022 17:00:00 -0000

Plus: Biden administration to stop reimbursing hospitals for Covid-19 care for uninsured, as funding runs low. Federal Reserve says student-loan freeze has saved borrowers nearly $200 million. J.R. Whalen reports.

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Russia Hits Several Ukrainian Cities in Effort to Force Concessions

Tue, 22 Mar 2022 10:06:00 -0000

No survivors have been found at the crash site of a Boeing 737-800 passenger plane operated by China Eastern Airlines, according to state media. Alibaba boosts its share-buyback program to $25 billion in a bid to reassure investors. Keith Collins hosts.

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Fed Will Consider More-Aggressive Rate Hikes, Powell Says

Mon, 21 Mar 2022 20:50:00 -0000

U.S. stocks end lower after Fed chair’s comments. Oil prices advance. Nielsen shares drop after it rejects takeover offer. Shares of insurer Alleghany jump on Berkshire Hathaway acquisition. Anaplan shares rise on news of Thoma Bravo buyout. J.R. Whalen reports.

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Ukrainian Refugee Total Approaches 3.5 Million

Mon, 21 Mar 2022 15:34:00 -0000

Plus: U.S. sends Patriot antimissile interceptors to Saudi Arabia to fend off Iran-backed rebels in Yemen. SEC proposes requiring public companies to estimate greenhouse-gas emissions. J.R. Whalen reports.

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Russia Is Seen Shifting to a ‘Plan B’ in Ukraine War, U.S. Officials Say

Mon, 21 Mar 2022 10:04:00 -0000

A Boeing 737-800 plane operated by China Eastern Airlines crashed with more than 130 people on board, state media reports. Private-equity firm Thoma Bravo agrees to buy software maker Anaplan for $10.7 billion. Keith Collins hosts.

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U.S. Stocks Wrap Best Week Since 2020

Fri, 18 Mar 2022 20:56:00 -0000

Dow, S&P 500 and Nasdaq post daily and weekly gains. Tech shares are big winners, with Meta, Amazon and Microsoft all climbing. Oil prices remain well below recent highs. J.R. Whalen reports.

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Home Sales Fell 7.2% in February as Inventory Remained Tight

Fri, 18 Mar 2022 15:36:00 -0000

Plus: More than 100 people evacuated from theater in Ukraine’s Mariupol after Russian airstrike. Study shows ivermectin didn’t reduce Covid-19 hospitalizations. J.R. Whalen reports.

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President Biden Plans to Discuss Russia-Ukraine War With China’s Xi

Fri, 18 Mar 2022 10:29:00 -0000

The U.S. House passes a measure that would end normal trade relations with Russia over its invasion of Ukraine. Moderna asks the Food and Drug Administration to authorize a second booster dose of its Covid-19 vaccine for adults. Keith Collins hosts.

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U.S. Stocks Add More Than 1%, Continuing a Comeback

Thu, 17 Mar 2022 21:18:00 -0000

S&P, Nasdaq cap biggest three-day percentage gain since late 2020. Gold prices climb 1.8%, breaking a four-session losing streak. Amazon shares rise after it closes MGM acquisition. Trenae Nuri reports.

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Biden, Xi to Discuss Ukraine War

Thu, 17 Mar 2022 16:21:00 -0000

Plus: U.S. mortgage rates hit 4% for first time since May 2019. Homeowners earned more from home-value gains than their jobs last year. Netflix to start charging customers for password sharing. Trenae Nuri reports.

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Ukraine Mounts Counteroffensive to Drive Russians Back From Kyiv

Thu, 17 Mar 2022 10:25:00 -0000

A U.S. appeals court rules that the Biden administration can use a higher climate-change cost estimate in its policies. Microsoft faces an antitrust complaint in Europe from French cloud-computing company OVHcloud. Keith Collins hosts.

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Fed Raises Interest Rates, Plots Out Six More Increases This Year

Wed, 16 Mar 2022 20:32:00 -0000

U.S. stocks close sharply higher as Federal Reserve Chairman Jerome Powell’s comments soothe investor concerns. Oil prices drop again amid Covid-19 lockdowns in China. Instagram rolls out parental controls. J.R. Whalen reports.

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Ukraine’s Zelensky Petitions U.S. Lawmakers for More Weapons

Wed, 16 Mar 2022 15:25:00 -0000

Plus: Pfizer asks FDA to authorize second Covid-19 booster dose in seniors. Starbucks CEO Kevin Johnson to step down; Howard Schultz to return in interim role. Walmart aims to hire 50,000 U.S. workers by end of April. J.R. Whalen reports.

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Biden to Announce $1 Billion in New Military Aid for Ukraine

Wed, 16 Mar 2022 10:12:00 -0000

Fighting between Russian and Ukrainian forces intensifies on the outskirts of Ukraine’s capital, Kyiv. The U.S. and the U.K. agree to start talks to deepen trade and investment ties. Keith Collins hosts.

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U.S. Stocks Surge as Oil Prices Slip Below $100

Tue, 15 Mar 2022 17:54:00 -0000

Dow gains 600 points; Nasdaq adds 2.9%. Investors look ahead to Federal Reserve decision on interest rates. Tech stocks post daily gains. Airline stocks jump on bright demand forecast. J.R. Whalen reports.

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EU Approves New Russia Sanctions

Tue, 15 Mar 2022 15:46:00 -0000

Plus: Labor Department says producer prices rose in February. AMC buys stake in Nevada gold and silver mine. Trenae Nuri reports.

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Ukraine’s President to Press U.S. Congress for More Military Gear

Tue, 15 Mar 2022 10:03:00 -0000

Leaders of three Eastern European NATO nations head to Ukraine’s capital to meet officials. China reports two key measures of economic activity showing a strong start to 2022. Keith Collins hosts.

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Tech Stocks Drop as China’s Covid-19 Surge Shuts Down Plants

Mon, 14 Mar 2022 21:02:00 -0000

Nasdaq sheds 2% as shares of Apple, other tech companies drop. Brent crude-oil futures fall 5.1%. Rio Tinto offers to pay roughly $2.7 billion to buy out minority shareholders in Canada’s Turquoise Hill Resources. J.R. Whalen reports.

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Ukraine, Russia Resume Diplomatic Talks

Mon, 14 Mar 2022 15:31:00 -0000

Plus: Covid-19 shuts down electronics and auto factories in China. Merk’s Covid-19 pill is more heavily used than health officials expected. Trenae Nuri reports.

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Russia Asks China for Aid in Ukraine War, U.S. Officials Say

Mon, 14 Mar 2022 10:05:00 -0000

Moscow’s forces bombed a Ukrainian military site near the border with NATO member Poland. A senior U.S. official says the administration won’t negotiate sanction exemptions with Russia to save the 2015 Iran nuclear deal. Chinese tech giant Tencent is facing a possible record fine in its home country for violations of financial regulations. Keith Collins hosts.

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Dow Posts Fifth Straight Weekly Loss

Fri, 11 Mar 2022 21:33:00 -0000

S&P 500, Nasdaq also close out week with losses as Russia’s attacks on Ukraine continue. Brent crude-oil futures jump 3.1%. DocuSign shares tumble on weak revenue guidance. Oracle shares rise on strong cloud revenue. J.R. Whalen reports.

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Biden Warns Russia Against Using Chemical Weapons

Fri, 11 Mar 2022 16:50:00 -0000

President Biden says U.S. to sever normal trade ties with Russia. Senate Finance Committee chairman seeks tax penalties against Russia. Iran nuclear talks break off without a deal. J.R. Whalen reports.

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Biden Is Expected to Call for Revoking Normal Trade Ties With Russia

Fri, 11 Mar 2022 10:55:00 -0000

Russian airstrikes pound Ukrainian cities as ground forces appear to reposition. The Senate passes a $1.5 trillion spending package including billions in Ukraine aid. U.K. and EU regulators open investigations into an ad deal between Google and Facebook owner Meta. Keith Collins hosts.

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U.S. Stocks Close Lower as Inflation Rises, War in Ukraine Continues

Thu, 10 Mar 2022 21:50:00 -0000

Oil prices take a breather but remain above $100 a barrel. Amazon shares jump on plans for stock split, buyback. JD.com reports slower revenue growth. Peloton to test new price plans. J.R. Whalen reports.

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Inflation Reached 7.9% in February as Energy Costs Surged

Thu, 10 Mar 2022 16:52:00 -0000

Vice President Kamala Harris, in Warsaw, calls for Russia war-crimes probe. Russia, Ukraine envoys fail to reach cease-fire deal. Goldman Sachs exiting Russia. Western Union suspends Russia, Belarus operations. J.R. Whalen reports.

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House Passes $1.5 Trillion Spending Package Including Aid for Ukraine

Thu, 10 Mar 2022 11:00:00 -0000

The United Arab Emirates says it will push OPEC to produce more oil amid the Russia-Ukraine war. United Airlines will let employees who aren’t vaccinated against Covid-19 for religious or medical reasons return to their jobs. Keith Collins hosts.

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U.S. Stocks Jump as War in Ukraine Continues Fueling Big Market Moves

Wed, 09 Mar 2022 21:27:00 -0000

Brent crude-oil futures see biggest one-day decline since April 2020. Travel stocks rally. Bitcoin rises 10% after President Biden orders federal agencies to consider a U.S. digital currency. Amazon’s board approves stock split, repurchase plan. J.R. Whalen reports.

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Russia Warns Western Nations Against Providing Air Support to Ukraine

Wed, 09 Mar 2022 16:20:00 -0000

White House advisor says domestic drilling won’t fix rising oil prices. U.S. lawmakers ask Justice Department to investigate Amazon for possible criminal obstruction of Congress. J.R. Whalen reports.

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U.S. Lawmakers Include $13.6 Billion for Ukraine in Spending Bill

Wed, 09 Mar 2022 11:05:00 -0000

Ukraine attempts to evacuate thousands of civilians from besieged cities as Russia continues its campaign to surround Kyiv. Venezuela frees two Americans after U.S. officials visit President Nicolás Maduro. U.S. authorities investigate an options trade involving Activision Blizzard shares that was made before it announced a deal to be bought by Microsoft. Keith Collins hosts.

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Stocks Waver as Commodity Prices Rise

Tue, 08 Mar 2022 21:45:00 -0000

Big three markets finish lower. U.S. crude rises 3.6%. Cybersecurity company Mandiant shares finish down 2% after Google's Alphabet agrees to buy it for $5.4 billion. Apple unveils a new low-end 5G iPhone. J.R. Whalen reports.

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U.S. Bans Russian Oil Imports

Tue, 08 Mar 2022 17:04:00 -0000

Plus: Shell, BP said they are stepping back even further from doing business with Russia. European banks are facing a selloff over the Ukraine crisis. Apple is set to reveal a new low-end 5G iPhone. Trenae Nuri reports.

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Ukraine, Russia Coordinate a Local Cease-Fire to Evacuate Civilians

Tue, 08 Mar 2022 11:14:00 -0000

Uber and other gig-economy companies launch an ad campaign to counter efforts to allow labor unionization. Moderna signaled it may start enforcing its Covid-19 vaccine-related patents in wealthier nations. Keith Collins hosts.

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Dow Enters Correction Territory; Nasdaq Hits Bear Market

Mon, 07 Mar 2022 20:46:00 -0000

Surging oil prices deepen concerns about economic growth. Yield on 10-year Treasury rises after last week’s decline. Gold prices hit highest level since August 2020. Occidental Petroleum shares fall after Carl Icahn exits his position. Bed Bath & Beyond shares jump after investor Ryan Cohen discloses stake. J.R. Whalen reports.

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NATO Considers More Permanent Troops in Baltics, Blinken Says

Mon, 07 Mar 2022 17:01:00 -0000

Russian police detain thousands protesting war in Ukraine. Oil prices soar as traders brace for supply disruptions. Regular gas in the U.S. hits $4 a gallon. Germany says it will continue to buy natural gas, oil and coal from Russia. Uber raises its first-quarter guidance. Trenae Nuri reports.

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Russia Pummels Ukrainian Civilian Targets; Cease-Fire Talks to Resume

Mon, 07 Mar 2022 11:00:00 -0000

Global stock markets fell sharply, and crude prices surged after the U.S. said it is talking with European allies about a ban on imports of Russian oil. Chewy c0-founder Ryan Cohen is pushing for changes at Bed Bath & Beyond after taking a large stake in the housewares retailer. Keith Collins hosts.

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U.S. Stocks End Week With Losses as Russia, Ukraine Concerns Mount

Fri, 04 Mar 2022 20:42:00 -0000

March 4

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U.S. Employers Added 678,000 Jobs in February

Fri, 04 Mar 2022 16:18:00 -0000

Unemployment rate falls to pandemic low of 3.8%. Wage gains slow. NATO secretary general warns of heavier fighting in Ukraine. Supreme Court reinstates death sentence for Boston Marathon bomber Dzhokhar Tsarnaev. J.R. Whalen reports.

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Russian Troops Move Into Ukrainian Nuclear Power Plant

Fri, 04 Mar 2022 11:00:00 -0000

Senate Republicans pass a bill backing an end to the U.S. government’s Covid-19 emergency declaration. Amazon moves to force the Federal Trade Commission to make an antitrust decision on the company’s deal to buy MGM. Keith Collins hosts.

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Stocks Fall as Investors Weigh Russia-Ukraine War’s Hit on Commodities

Thu, 03 Mar 2022 22:07:00 -0000

U.S. crude oil prices briefly top $116 a barrel before settling lower. Nasdaq drops 1.6%. Best Buy shares jump on higher revenue forecast for next fiscal year. J.R. Whalen reports.

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Biden, Indo-Pacific Leaders Hold Call on Ukraine

Thu, 03 Mar 2022 16:33:00 -0000

Plus: U.N. report shows Iran has almost enough highly enriched uranium for a nuclear bomb. Former Nissan CEO Carlos Ghosn blasts Tokyo judge who called him greedy. J.R. Whalen reports.

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Russian Forces Enter Ukrainian Port City Kherson

Thu, 03 Mar 2022 10:49:00 -0000

The U.S. House panel investigating the Jan. 6 Capitol assault says former President Donald Trump might have committed crimes. Amazon plans to close dozens of bookstores and other physical retail locations. Keith Collins hosts.

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U.S. Stocks Rise as Investors Eye Ukraine, Interest Rates

Wed, 02 Mar 2022 21:19:00 -0000

U.S. crude oil prices surge above $110 a barrel. Nordstrom shares jump 38% after strong earnings projection. Hewlett Packard Enterprise raises earnings forecast. J.R. Whalen reports.

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Ukraine’s Front Line in Kharkiv Holds Despite Russian Bombardment

Wed, 02 Mar 2022 16:46:00 -0000

Plus: Federal Reserve Chairman Jerome Powell plans to seek quarter-percentage point rate increase. Ford to reorganize operations, creating electric-vehicle and gas-engine divisions. J.R. Whalen reports.

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Biden in State of the Union Highlights Response to Russia-Ukraine War

Wed, 02 Mar 2022 11:10:00 -0000

Fallout from federal judges’ violations of financial-conflict laws spreads to appeals courts. The U.S. prepares to confront China in an effort to protect America’s edge in new technologies. Oil surges past $110 a barrel. Keith Collins hosts.

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U.S. Stocks Fall as Russia-Ukraine War Rips Through Markets

Tue, 01 Mar 2022 21:43:00 -0000

Oil again tops $100 a barrel. Treasury yields fall, with safe-harbor assets in demand. U.S., International Energy Agency to release 60 million barrels from oil stockpiles. Wheat prices rise to highest levels since 2008. Albertsons shares jump amid strategic review. J.R. Whalen reports.

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Ukraine’s Zelensky Renews Call for EU Membership

Tue, 01 Mar 2022 17:23:00 -0000

War in Ukraine disrupts container shipments. Target reports strong quarterly earnings. Toyota will resume car production on Wednesday after one-day shutdown. Trenae Nuri reports.

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Russian Forces Target Ukrainian Civilian Areas

Tue, 01 Mar 2022 11:04:00 -0000

Cease-fire talks between the two sides failed to produce any immediate results. President Biden is expected to deliver his first State of the Union address later. Japan’s Toshiba names a new CEO as part of a shake-up aimed at supporting its planned split into two. Keith Collins hosts.

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Dow, S&P Fall as Ukraine Crisis Deepens

Mon, 28 Feb 2022 20:20:00 -0000

Feb 28

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Cease-Fire Talks Between Russia, Ukraine Begin

Mon, 28 Feb 2022 16:09:00 -0000

Japan sanctions Russia's central bank and the president of Belarus. U.S. stocks open lower and oil prices jump. Estée Lauder fires senior executive John Demsey over Instagram meme containing racial slur. Trenae Nuri reports.

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Ukrainian Forces Hold Kyiv as Talks With Russia Are Planned

Mon, 28 Feb 2022 11:00:00 -0000

Russian President Vladimir Putin orders nuclear-deterrence forces to be put on alert. BP says it plans to unload a nearly 20% stake in Russian oil producer Rosneft. Keith Collins hosts.

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Turbulent Week on Wall Street Wraps Up With Gains

Fri, 25 Feb 2022 21:34:00 -0000

Possibility of Russia-Ukraine talks lifts markets. Brent crude futures edge down. Treasury yields move back above 2%. Foot Locker shares tumble amid weak sales forecast. Johnson & Johnson, drug distributors agree to opioid settlement with states. J.R. Whalen reports.

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As Russian Forces Close In on Kyiv, Kremlin Says It Agrees to Talks

Fri, 25 Feb 2022 16:50:00 -0000

U.S. stocks rally on word of potential talks. President Biden to nominate Judge Ketanji Brown Jackson for Supreme Court. U.S. consumer spending rose 2.1% in January. J.R. Whalen repo

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Russian Forces Push Toward Ukraine’s Capital as Bombing Intensifies

Fri, 25 Feb 2022 11:14:00 -0000

The CDC plans to release new Covid-19 mask guidelines today. U.S. regulators are looking into whether Tesla CEO Elon Musk and his brother Kimbal violated insider-trading rules. Keith Collins hosts.

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U.S. Stocks Jump After Biden Announces New Russian Sanctions

Thu, 24 Feb 2022 20:13:00 -0000

Defense stocks rally. Global oil futures briefly top $100 a barrel. Natural-gas futures in Europe surge 50%. Aluminum, nickel prices rise to highest levels in about a decade. J.R. Whalen reports.

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U.S. Troops Head to Ukraine Border to Aid Fleeing Americans

Thu, 24 Feb 2022 16:39:00 -0000

U.K. to announce fresh sanctions on Russia. Dow enters correction territory as crisis roils markets. U.S. economy grew at 7% annual rate in fourth quarter. U.S. jobless claims fall amid tight labor market. J.R. Whalen reports.

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Russia Invades Ukraine, Drawing Broad Condemnation

Thu, 24 Feb 2022 11:06:00 -0000

Global stock markets slumped, oil jumped above $100 a barrel after Vladimir Putin launched the attack. Two prosecutors leading the Manhattan district attorney’s investigation into former President Donald Trump and his business resigned. Keith Collins hosts.

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U.S. Stocks Extend Slide as Ukraine Shifts to War Footing

Wed, 23 Feb 2022 17:44:00 -0000

Ukraine declares state of emergency, calls on citizens to leave Russia. All three major U.S. stock indexes decline. Ford CEO says no plans to spin off its EV business. J.R. Whalen reports.

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EU Set to Sanction Russian Defense Minister

Wed, 23 Feb 2022 16:12:00 -0000

Plus: Fast-spreading Covid-19 Omicron BA.2 subvariant now accounts for more than a third of global cases. Sanofi, GlaxoSmithKline to seek approval for their Covid-19 vaccine. J.R. Whalen reports.

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Ukraine Mobilizes Reservists as the West Steps Up Sanctions on Russia

Wed, 23 Feb 2022 11:08:00 -0000

Canada tells banks to unfreeze accounts belonging to people involved in the Ottawa protest against Covid-19 vaccine mandates. Seattle-based logistics giant Expeditors International reports it was hit by a cyberattack, adding to global supply-chain concerns. Keith Collins hosts.

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S&P 500 Falls Into Correction Territory

Tue, 22 Feb 2022 20:34:00 -0000

Tensions in Eastern Europe hit U.S. consumer discretionary stocks. Home Depot shares fall nearly 9% on slower sales growth. Macy’s shares slide even after better-than-expected earnings. SoFi Technologies shares drop on WSJ report of deal for banking-software maker Technisys. J.R. Whalen reports.

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Western Nations Propose Sanctions as Russian Troops Enter Ukraine

Tue, 22 Feb 2022 16:46:00 -0000

Plus: U.S. home prices rose at a record pace in 2021. U.S. Soccer Federation and dozens of members of the U.S. women’s national team reach $24 million equal pay deal. Trenae Nuri reports.

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Russia’s Putin Orders Troops Into Breakaway Regions in Ukraine

Tue, 22 Feb 2022 10:44:00 -0000

Canadian lawmakers approve a 30-day extension of special emergency powers targeting protests against Covid-19 mandates. NBC says the Beijing Winter Games drew the network’s lowest Olympics ratings to date. Keith Collins hosts.

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U.S. Stocks Post Weekly Losses Amid Growing Russia-Ukraine Tensions

Fri, 18 Feb 2022 22:03:00 -0000

Dow drops 1.9% for the week. Shake Shack projects weaker revenue. Roku shares tumble on continued supply-chain issues. DraftKings expects wider losses. Trenae Nuri reports.

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Heavy Artillery Exchanges Pick Up in Eastern Ukrainian Regions

Fri, 18 Feb 2022 16:21:00 -0000

Plus: U.S. Senate passes bill requiring Supreme Court justices and federal judges to post reports about their stock trades and financial holdings online. Existing-home sales jumped 6.7% in January. Trenae Nuri reports.

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Activision Blizzard Faces Expanded Probes Over Workplace Issues

Fri, 18 Feb 2022 10:48:00 -0000

The U.S. Senate has passed a stopgap funding bill, narrowly averting a government shutdown. The Department of Justice has appointed its first-ever crypto enforcement leader.

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U.S. Stocks Drop Sharply Amid Russia-Ukraine Tensions

Thu, 17 Feb 2022 21:49:00 -0000

Dow suffers worst daily performance of the year. Nine of 11 S&P 500 sectors notch declines. Nvidia shares drop as automotive segment takes hit from supply-chain issues. Cisco to increase stock buybacks. J.R. Whalen reports.

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Russia Accuses Ukraine’s Military of ‘Crimes’ in Report to U.N.

Thu, 17 Feb 2022 16:40:00 -0000

Kremlin expels the No. 2 official at the U.S. Embassy in Moscow. U.S. stocks fall as tensions in the region continue. Walmart reports stronger sales over winter holiday shopping season. J.R. Whalen reports.

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Ukraine, Pro-Russia Separatists Allege Cease-Fire Breaches

Thu, 17 Feb 2022 12:20:00 -0000

The U.S. faults China for failing to meet their 2020 trade deal’s purchase targets. Amazon and Visa resolve a dispute over credit-card payment fees. Keith Collins hosts.

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Fed Minutes Reverse U.S. Stocks’ Early Declines

Wed, 16 Feb 2022 17:15:00 -0000

Dow, Nasdaq pare morning’s losses. S&P 500 makes small gain. SeaWorld signals it is unlikely to pursue deal for Cedar Fair. AIG swings to profit. DoorDash’s 2021 revenue tops 2020 levels. J.R. Whalen reports.

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U.S. Retail Sales Jump 3.8% Amid High Inflation

Wed, 16 Feb 2022 17:00:00 -0000

Plus: Russia is continuing to build up forces near Ukraine, NATO chief says. Saudi Arabia says it won’t pump more oil to ease prices. J.R. Whalen reports.

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Altria Says Judge Dismisses FTC Case Over Juul Stake

Wed, 16 Feb 2022 11:01:00 -0000

China reports inflation eased last month, opening the door for policies aimed at boosting economic growth. ViacomCBS is renaming itself Paramount Global. Keith Collins hosts.

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U.S. Stocks Reverse Three Days of Losses

Tue, 15 Feb 2022 21:04:00 -0000

Brent crude prices drop, bond yields rise as investors watch Ukraine and Russia. Marriott shares climb after hotelier reports a doubling of quarterly revenue. Airbnb posts second straight quarterly profit. J.R. Whalen reports.

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Sandy Hook Families Reach $73 Million Settlement With Remington

Tue, 15 Feb 2022 17:22:00 -0000

Plus: U.S. stocks climb after Russia says it pulled back some troops from Ukrainian border. U.S. producer prices rose 1% in January from the month before. Trenae Nuri reports.

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Russia Says Some Troops Pulling Back From Ukraine Border

Tue, 15 Feb 2022 10:48:00 -0000

Moscow says large-scale military exercises are continuing. U.S. regulators are investigating block trading at some Wall Street banks and hedge funds. Intel is near a roughly $6 billion deal to buy Israeli chip maker Tower Semiconductor. Keith Collins hosts.

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U.S. Stocks End Lower as Investors Weigh Ukraine War, Rate Hikes

Mon, 14 Feb 2022 21:52:00 -0000

Oil prices rise on concern Russian crude supplies could be curtailed. Shares of European airlines drop on reports they are avoiding Ukrainian airspace. Splunk shares jump on WSJ report of takeover offer from Cisco. J.R. Whalen reports.

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German Chancellor Visiting Ukraine, Russia in Bid to Avert Invasion

Mon, 14 Feb 2022 16:15:00 -0000

Plus: 3M says falling demand for masks could dent its earnings. DoorDash will raise fees for slow McDonald’s restaurants. Trenae Nuri reports.

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Russia Increases Military Buildup Near Ukraine

Mon, 14 Feb 2022 10:53:00 -0000

A bridge connecting the U.S. and Canada reopens after Canadian authorities cleared protesters who had been blocking traffic for nearly a week. Lockheed Martin abandons plans to buy Aerojet Rocketdyne after federal regulators sued to block the deal. Keith Collins hosts.

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Stocks Slide After U.S. Says Russia Could Invade Ukraine at Any Time

Fri, 11 Feb 2022 17:02:00 -0000

Brent crude oil hits highest level since 2014. Affirm shares fall 21% for second straight day. FDA to take more time reviewing Pfizer’s Covid-19 vaccine in young children. J.R. Whalen reports.

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Canada Bridge Protesters Agree to Open One Lane From the U.S.

Fri, 11 Feb 2022 16:53:00 -0000

Plus: Taliban are holding Westerners in Afghanistan, including one American. FDA review of Pfizer-BioNTech Covid-19 vaccine in children under 5 expected soon. J.R. Whalen reports.

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Elon Musk Expects Starship to Deliver Launches at Lower Costs

Fri, 11 Feb 2022 11:03:00 -0000

The U.S. asks Canada to use federal powers to end four days of anti-vaccine-mandate protests by Canadian truck drivers. NBCUniversal is finalizing a plan to shift high-profile content from its Hulu joint venture to its own Peacock service. Keith Collins hosts.

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Inflation Data Pushes U.S. Stocks Lower

Thu, 10 Feb 2022 18:11:00 -0000

Nasdaq sheds more than 2%. PepsiCo shares drop after CFO projects higher costs. Walt Disney shares rise on Disney+ subscriber growth. Zendesk receives takeover approaches. J.R. Whalen reports.

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Inflation Hit 7.5% in January, a 40-Year High

Thu, 10 Feb 2022 16:52:00 -0000

Plus: Trucker protests in Canada prompt Ford, GM to scale back work at auto plants. Twitter posts lower profit but says it largely avoids impact of Apple privacy changes. J.R. Whalen reports.

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Russia, Ukraine Ramp Up Military Exercises as Tensions Rise

Thu, 10 Feb 2022 10:48:00 -0000

Tesla is sued by a California civil-rights agency over alleged racial discrimination and harassment at its factory. The head of the Commodity Futures Trading Commission asks Congress for the authority to regulate some cryptocurrencies. Keith Collins hosts.

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Tech Stocks Lead Broad Market Rally

Wed, 09 Feb 2022 20:03:00 -0000

Lower government-bond yields push tech-heavy Nasdaq 2% higher. Meta shares rise 5.4% after recent declines. Walt Disney reports higher revenue, record results at its domestic theme parks. Uber says revenue jumped 83% last quarter. J.R. Whalen reports.

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U.S. Makes a Plan to Help Americans Fleeing Ukraine if Russia Invades

Wed, 09 Feb 2022 16:31:00 -0000

Plus: New York state to drop indoor mask mandate for businesses. Covid-19 hospitalizations in U.S. track downward, 30% off January’s peak. J.R. Whalen reports.

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U.S. Seizes $3.6 Billion in Bitcoin Stolen in 2016 Hack

Wed, 09 Feb 2022 11:00:00 -0000

In Washington, the House passes a stopgap bill to keep the government funded through mid-March as spending talks continue. LinkedIn has started testing a feature allowing users to filter out content about politics. Keith Collins hosts.

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Mostly Upbeat Earnings Reports Push U.S. Stocks Higher

Tue, 08 Feb 2022 18:02:00 -0000

Harley-Davidson jumps 15% on swing to profit. Pfizer falls after revenue misses forecasts. Peloton gains 25% on corporate changes, cost cuts. Lyft ridership misses expectations. Meta falls another 2.1%. J.R. Whalen reports.

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U.S. Trade Deficit Hit Record High in 2021

Tue, 08 Feb 2022 16:47:00 -0000

Plus: Ford, General Motors warn auto dealers to curb the practice of charging more than the sticker price. U.S. births didn’t fall as much as expected, CDC data suggests. Trenae Nuri reports.

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Peloton to Appoint a New CEO, Cut Jobs

Tue, 08 Feb 2022 10:43:00 -0000

Nvidia abandons its blockbuster deal to buy U.K.-based chip designer Arm from SoftBank. The White House plans to lift Trump-era tariffs on Japanese steel. Keith Collins hosts.

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Volatile Trading Day Leaves U.S. Stocks Mostly Lower

Mon, 07 Feb 2022 21:45:00 -0000

Big tech stocks drag on markets. Peloton shares rise on interest from suitors. Spirit Airlines shares jump on Frontier acquisition. Tyson shares climb on strong sales projections. Bitcoin adds 5%. J.R. Whalen reports.

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Frontier to Buy Spirit Airlines, Combining Low-Fare Carriers

Mon, 07 Feb 2022 16:40:00 -0000

Plus: Tyson posts higher quarterly profit on price increases, strong demand. New Jersey to lift school mask mandate next month. Trenae Nuri reports.

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U.S. Says Russian Invasion of Ukraine Could Come 'Any Day Now'

Mon, 07 Feb 2022 11:01:50 -0000

Spotify's CEO apologizes to employees for the backlash surrounding podcaster Joe Rogan. Toshiba revises its restructuring plan in an effort to end a battle with foreign shareholders. Keith Collins hosts. Dow Jones & Co., the publisher of the Wall Street Journal, has a content partnership with Gimlet Media, a unit of Spotify.

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Amazon Breaks Record for One-Day Market-Cap Gain

Fri, 04 Feb 2022 22:06:00 -0000

Nasdaq, S&P 500 propelled higher by Amazon gains. Pinterest shares rise on its first full-year profit. Shares of Clorox, Ford fall after earnings miss expectations. J.R. Whalen reports.

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Hiring Accelerated in January, as U.S. Employers Added 467,000 Jobs

Fri, 04 Feb 2022 16:55:00 -0000

Unemployment rate ticked up to 4%, with more people joining the workforce. Saudi Aramco looks to sell $50 billion stake in what would be the largest share sale ever. U.S. blood supplies run low. J.R. Whalen reports.

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Winter Storm Leaves Hundreds of Thousands Without Power

Fri, 04 Feb 2022 11:01:00 -0000

U.S. officials say Russia is planning to fabricate a pretext for invading Ukraine. Amazon is raising the price of its Prime delivery service for the first time since 2018. Keith Collins hosts.

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Downbeat Tech Earnings Send Shudders Through U.S. Stocks

Thu, 03 Feb 2022 21:31:00 -0000

Dow falls more than 500 points. Nasdaq declines 3.7%. Shares of Facebook parent Meta suffer worst one-day loss on record. Amazon says profit nearly doubled last quarter. Snap posts first quarterly profit. Oil futures top $90 a barrel for first time since 2014. J.R. Whalen reports.

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ISIS Leader Killed During U.S. Raid in Syria

Thu, 03 Feb 2022 16:10:00 -0000

Plus: Tech and social-media companies drag U.S. stocks lower. Bank of England raises key interest rate for second straight meeting. J.R. Whalen reports.

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Winter Storm Causes Thousands of U.S. Flight Cancellations

Thu, 03 Feb 2022 11:23:30 -0000

U.S. special operationsforces carry out a raid in Syria targeting a high-level terrorist. Federal Reserve nominee Sarah Bloom Raskin is scheduled to face a Senate confirmation hearing today. Keith Collins hosts.

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U.S. Stocks Extend Winning Streak by Another Day

Wed, 02 Feb 2022 21:59:00 -0000

PayPal suffers its worst single-day stock performance after scrapping ambitious growth strategy. Meta shares plunge 20% after-hours as metaverse spending climbs. Spotify reports surge in ad revenue but no annual guidance. J.R. Whalen reports.

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U.S. Orders 3,000 Troops to Europe in Russia-Ukraine Crisis

Wed, 02 Feb 2022 16:33:00 -0000

Plus: OPEC, allies agree to pump more oil amid supply concerns. Commerce Department proposes rule to widen restrictions on foreign-owned apps such as TikTok. J.R. Whalen reports.

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U.S. National Debt Exceeds $30 Trillion for First Time

Wed, 02 Feb 2022 11:04:08 -0000

Amazon workers at an Alabama warehouse are this week expected to start their second vote in a year on whether to unionize. Pfizer and BioNTech have asked the FDA to authorize use of their Covid-19 vaccine in children under the age of 5. Keith Collins hosts.

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Strong Corporate Earnings Push U.S. Stocks Higher

Tue, 01 Feb 2022 21:55:00 -0000

Plus: Exxon Mobil reports $23 billion in annual profit, highest since 2014. Google parent Alphabet posts $75 billion in fourth-quarter revenue, plans stock split. Starbucks reports strong holiday sales, Omicron impact. J.R. Whalen reports.

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Demand for U.S. Workers Shows Signs of Cooling

Tue, 01 Feb 2022 16:39:00 -0000

Plus: AT&T to cut its dividend payout in half, divest its WarnerMedia division. Federal Trade Commission to review Microsoft’s acquisition of Activision Blizzard. Tom Brady retires from the NFL. Trenae Nuri reports.

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California's Single-Payer Healthcare Plan Is Shelved

Tue, 01 Feb 2022 11:08:12 -0000

Mining giant Rio Tinto releases an internal report that found widespread bullying, racism and sexual harassment in the workplace. Wordle is bought by the New York Times. Keith Collins hosts.

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Stocks Rally, But End January With Losses

Mon, 31 Jan 2022 21:41:00 -0000

Also, Netflix closes up 11% after a ratings upgrade and share purchases by co-CEO Reed Hastings. Plus, Moderna shares finish up 6.1% after the FDA approves its Covid-19 vaccine for adults 18 and older. J.R. Whalen reports.

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Stocks Move Slightly Higher on Final Day of the Month

Mon, 31 Jan 2022 17:13:00 -0000

Plus: British Prime Minister Boris Johnson is criticized in a government report for multiple social events held at Downing Street offices during Covid-19 lockdown. The number of Covid-19 infections and hospitalizations are falling, giving hope that the Omicron wave is slowing. Trenae Nuri reports.

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U.N. Security Council Expected to Meet on Russia-Ukraine Standoff

Mon, 31 Jan 2022 11:04:10 -0000

Software maker Citrix is close to a roughly $13 billion buyout deal to be taken private. Joe Rogan apologizes after Neil Young and others remove their songs from Spotify over episodes of Rogan's podcast about Covid-19. Dow Jones & Co., the publisher of the Wall Street Journal, has a content partnership with Gimlet Media, a unit of Spotify. Keith Collins hosts.

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S&P 500 Snaps Three-Week Losing Streak

Fri, 28 Jan 2022 21:36:00 -0000

Dow also finishes the week with gains after a Friday rally. Nasdaq erases losses from earlier in the week. Shares in Apple, Visa jump on strong earnings reports. Chevron, Caterpillar shares fall. Robinhood shares close up after early dip. J.R. Whalen reports.

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Employers in U.S. Spent 4% More on Worker Compensation Last Year

Fri, 28 Jan 2022 16:39:00 -0000

Plus: U.S. consumer spending fell 0.6% in December. Pittsburgh bridge collapses ahead of President Biden’s visit to discuss infrastructure. J.R. Whalen reports.

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Federal Judge Blocks U.S. Gulf of Mexico Drilling Leases

Fri, 28 Jan 2022 11:07:42 -0000

President Biden tells Ukraine's leader that Russia could invade as soon as next month. Google plans to invest up to $1 billion in a partnership with Indian telecom giant Bharti Airtel. Keith Collins hosts.

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U.S. Stocks Close Lower After Another Topsy-Turvy Day

Thu, 27 Jan 2022 22:03:00 -0000

Plus: Apple posts record quarterly results despite parts shortages. Blackstone earnings nearly double. Netflix shares jump after William Ackman’s hedge fund discloses stake. J.R. Whalen reports.

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U.S. Economy Grew 6.9% in Fourth Quarter

Thu, 27 Jan 2022 16:34:00 -0000

Economic growth outpaced economists’ expectations. McDonald’s says its costs to rise further in 2022. J.R. Whalen reports.

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Biden Promotes 'Build Back Better' Bill in Meeting With Executives

Thu, 27 Jan 2022 11:04:28 -0000

Facebook is winding down its cryptocurrency venture and selling the project's assets to a California bank. Deutsche Bank's latest quarterly profit beat expectations as it intends to pay its first dividend since 2019. Keith Collins hosts.

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Federal Reserve Signals Rate Hike in March; U.S. Stocks Turn Lower

Wed, 26 Jan 2022 22:02:00 -0000

Plus: Boeing reports loss as 787 charges mount. Tesla posts record annual profit. Intel earnings drop. Justice Stephen Breyer to retire from Supreme Court. J.R. Whalen reports.

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U.S. Covid Deaths Hit Highest Level Since Last February

Wed, 26 Jan 2022 16:39:00 -0000

Also: AT&T reports Q4 profit on strength of its wireless division. Plus, Mattel wins toy license for Disney’s “Frozen” franchise. J.R. Whalen reports.

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U.S. Works to Secure European Gas Supplies Amid Russia Concerns

Wed, 26 Jan 2022 11:00:00 -0000

House Speaker Nancy Pelosi says she will run for re-election, though she didn't indicate if she wants to remain in the Democratic leadership. The Commerce Department says the global chip shortage has left some U.S. companies with dangerously low supply levels. Keith Collins hosts.

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More Market Turbulence as U.S. Stocks Close Lower

Tue, 25 Jan 2022 22:16:00 -0000

Late rally erases sharp early losses for a second day. Bally’s shares jump on Standard General buyout offer. Microsoft earnings, revenue show strong growth. FTC sues to block Lockheed Martin’s planned acquisition of Aerojet Rocketdyne. J.R. Whalen reports.

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U.S. Stocks Tumble in Early Trading

Tue, 25 Jan 2022 16:50:00 -0000

Markets remain volatile a day after a late rally erased steep early losses. General Electric’s sales decline 3%, hit by supply-chain woes. Pfizer, BioNTech begin testing Omicron-targeted vaccine. Trenae Nuri reports.

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U.S. and Allies Step Up Efforts to Support Ukraine

Tue, 25 Jan 2022 11:08:50 -0000

The Pentagon has ordered up to 8,500 troops to prepare for possible deployment to Eastern Europe in response to Russia's military buildup. In Georgia, a grand jury is planned to investigate former President Donald Trump's efforts to overturn the state's 2020 election results. Hollywood visual-effects studio DNEG agrees to go public via a SPAC deal. Keith Collins hosts.

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Wild Ride on Wall Street as Stocks Close Higher

Mon, 24 Jan 2022 22:07:00 -0000

U.S. stocks stage furious afternoon rally, erasing steep early losses. Activist investors’ moves push shares of Kohl’s, Unilever and Peloton higher. IBM reports increased revenue and profit. J.R. Whalen reports.

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U.S. Markets Tumble as Fed Meeting, Russia Standoff Weigh on Investors

Mon, 24 Jan 2022 16:23:00 -0000

Plus: NATO is sending ships and jet fighters to Eastern European member countries. States sue Alphabet’s Google, saying it deceived users about location tracking. Trenae Nuri reports.

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U.S. Tells Diplomats' Families to Leave Ukraine

Mon, 24 Jan 2022 11:04:05 -0000

Activist investors make moves targeting Peloton and Unilever. Boeing is increasing its investment in its air-taxi joint venture with Google co-founder Larry Page. Keith Collins hosts.

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Nasdaq, S&P Close Out Worst Week Since Start of Pandemic

Fri, 21 Jan 2022 21:53:00 -0000

Major U.S. stock indexes register third straight week of losses. Bitcoin tumbles in tandem with tech stocks. Peloton stock recoups some of yesterday’s losses. J.R. Whalen reports.

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U.S., Russia to Keep Negotiating to Defuse Ukraine Crisis

Fri, 21 Jan 2022 17:03:00 -0000

Plus: GlaxoSmithKline, Vir Biotechnology race to meet high demand for Covid-19 antibody drug. Meat Loaf, singer of “Bat Out of Hell,” dies at 74. J.R. Whalen reports.

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Supreme Court Allows Continued Enforcement of Texas Abortion Law

Fri, 21 Jan 2022 11:08:00 -0000

Intel plans to invest $20 billion in an Ohio chip-making facility. Peloton's CEO warns employees of likely layoffs and changes to production. Keith Collins hosts.

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Late-Day Selloff Pulls U.S. Stocks to Another Down Day

Thu, 20 Jan 2022 21:57:00 -0000

Peloton shares fall on report of company halting production. Insurance giant Travelers reports record net income. Netflix says it added 8.3 million subscribers last quarter, below its expectations. J.R. Whalen reports.

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U.S. Jobless Claims Rose Sharply to 286,000 Last Week

Thu, 20 Jan 2022 16:14:00 -0000

Plus: U.S. home sales reached a 15-year high of 6.1 million last year. CIA says Havana Syndrome unlikely caused by Russia or other U.S. foes. J.R. Whalen reports.

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Democrats Fail to Change Filibuster Rule in Senate

Thu, 20 Jan 2022 11:17:10 -0000

The Supreme Court rejects former President Donald Trump's request to block lawmakers' access to records related to the Jan. 6 U.S. Capitol riot. China's central bank again cuts lending rates to help support the nation's slowing economy. Keith Collins hosts.

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Nasdaq Enters Correction Territory After 1% Decline

Wed, 19 Jan 2022 21:57:00 -0000

S&P 500, Dow also fall about 1%. Shares of Morgan Stanley, Bank of America rise on strong earnings reports. Procter & Gamble reports strong revenue, says customers are undeterred by higher prices. Oil prices hit highest level since 2014. J.R. Whalen reports.

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Morgan Stanley, Bank of America Report Rising Profit

Wed, 19 Jan 2022 16:51:00 -0000

Plus: Secretary of State Antony Blinken seeks to reassure Ukraine as Russia moves troops in the region. University of Michigan to pay $490 million to sexual-abuse victims. J.R. Whalen reports.

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N.Y. Attorney General Finds Evidence That Trump Falsely Valued Assets

Wed, 19 Jan 2022 11:10:07 -0000

The Biden administration is expected to distribute 400 million free N95 masks through pharmacies and community health centers starting next week. A tech industry group is launching an ad campaign targeting proposed federal regulation. Keith Collins hosts.

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U.S. Stocks End Lower as Investors Bet on More Rate Hikes

Tue, 18 Jan 2022 21:46:00 -0000

Bond yields hit two-year high. Tech stocks slide. Activision Blizzard shares skyrocket after Microsoft deal news. U.S. crude oil futures jump amid political tensions in Mideast. J.R. Whalen reports.

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Microsoft to Buy Activision Blizzard for $68.7 Billion

Tue, 18 Jan 2022 16:21:00 -0000

Acquisition of videogame heavyweight is Microsoft’s biggest deal by far. Goldman Sachs profit slips 13% as trading revenue falls. U.S. stocks begin shortened trading week lower. J.R. Whalen reports.

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Winter Storm Strikes Eastern U.S., Knocking Out Power

Tue, 18 Jan 2022 11:03:26 -0000

U.S. airlines urge federal officials to further delay the rollout of 5G wireless services around major airports in an effort to avoid potential flight disruptions. Oil prices touch a seven-year high as tensions in the Middle East add to supply concerns. Keith Collins hosts.

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Bank Shares Pull U.S. Stocks Lower

Fri, 14 Jan 2022 21:57:00 -0000

Dow loses half a percent, while Nasdaq and S&P gain. Sherwin-Williams lowers its guidance. Netflix to increase prices for monthly plans in U.S. Markets will be closed Monday for Martin Luther King Jr. Day. J.R. Whalen reports.

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Retail Spending, Manufacturing Drop Amid Surging Inflation and Omicron

Fri, 14 Jan 2022 16:57:00 -0000

Plus: Google misled publishers and advertisers, unredacted lawsuit alleges. Bank earnings reports show soaring profit at Wells Fargo but lower earnings at JPMorgan, Citigroup. J.R. Whalen reports.

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Jan. 6 Panel Subpoenas Twitter, Reddit, Owners of Google and Facebook

Fri, 14 Jan 2022 11:02:51 -0000

Elon Musk says Tesla is accepting the digital currency dogecoin for some purchases. Citigroup agrees to sell its consumer-banking franchise in four Southeast Asian countries. Keith Collins hosts.

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Tech Stocks Decline, Dragging Nasdaq Down 2.5%

Thu, 13 Jan 2022 21:56:00 -0000

Plus: Monster Beverage buys hard-seltzer maker CANarchy for $330 million. Shares of private-equity firm TPG rise in first day of trading after IPO. J.R. Whalen reports.

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U.S. to Deploy Military Medical Teams to Hospitals Strained by Omicron

Thu, 13 Jan 2022 16:56:00 -0000

President Biden says U.S. will procure 500 million additional Covid-19 tests, roll out plan to provide free masks to Americans. Temperature reports say 2021 was Earth’s sixth-hottest year on record. Delta Airlines reports quarterly loss but expects to make recovery. J.R. Whalen reports.

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House GOP Leader Kevin McCarthy Rejects Jan. 6 Panel's Request

Thu, 13 Jan 2022 11:00:00 -0000

Trading app Robinhood doesn't plan to spend a lot of corporate cash on cryptocurrency despite growing user demand. Federal Reserve Governor Lael Brainard faces a Senate confirmation hearing on her nomination to be the Fed's No. 2 official. Keith Collins hosts.

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U.S. Stocks End Higher as Investors Weigh Inflation Report

Wed, 12 Jan 2022 21:39:16 -0000

Plus: Kroger shares drop as supermarket workers go on strike in Denver. Biogen shares fall after Medicare puts conditions on Alzheimer's drug coverage. Jefferies earnings miss expectations J.R. Whalen reports.

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U.S. Inflation Hit 7% in December, Fastest Pace Since 1982

Wed, 12 Jan 2022 16:34:47 -0000

Consumer-price rise exceeded 6% year-over-year for third straight month. Theranos founder Elizabeth Holmes likely faces September sentencing. Boris Johnson apologizes for garden party at Downing Street during U.K. Lockdown. J.R. Whalen reports.

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Judge Rejects Facebook's Request to Dismiss FTC Antitrust Lawsuit

Wed, 12 Jan 2022 11:00:47 -0000

The Biden administration plans to offer schools free rapid Covid-19 tests. Medicare officials propose covering the cost of the new Alzheimer's disease drug Aduhelm for certain patients. Keith Collins hosts.

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U.S. Stocks Close Higher as Tech Shares Climb

Tue, 11 Jan 2022 21:59:52 -0000

Fed Chairman Jerome Powell reiterates Fed's efforts to corral inflation. Energy stocks rise alongside oil prices. Rivian Automotive shares recoup some of yesterday's losses. J.R. Whalen reports.

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Omicron Puts Pressure on Hospitals in U.S., Europe

Tue, 11 Jan 2022 17:36:00 -0000

Plus: A federal judge in a long-running Amazon case steps aside, citing a financial conflict earlier reported by the WSJ. Electronic-trading firm Citadel Securities valued at about $22 billion in its first outside investment. Trenae Nuri reports.

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Mitch McConnell Pushes Back on Democrats' Plans to Change Filibuster

Tue, 11 Jan 2022 11:13:40 -0000

Fed Chairman Jerome Powell faces a Senate confirmation hearing for his second term. Volkswagen's sales in China slip as auto makers are hit by the global chip shortage. Keith Collins hosts.

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Interest-Rate Worries Spark Choppy Market Trading Session

Mon, 10 Jan 2022 22:12:23 -0000

Investors sell bonds amid expectations of an interest rate increase in March. Natural gas futures rise 4.2%. Bitcoin briefly drops below $40,000 for the first time since September. J.R. Whalen reports.

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U.S. Covid-19 Cases on Track to Triple Pre-Omicron Record

Mon, 10 Jan 2022 17:45:00 -0000

The Securities and Exchange Commission is planning to require more transparency from private companies. Take-Two Interactive has agreed to buy Zynga. Trenae Nuri reports.

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Novak Djokovic Released From Detention in Australia

Mon, 10 Jan 2022 11:00:00 -0000

China reports its first domestically-transmitted cases of the Omicron variant. A building fire in New York leaves 19 dead and many more injured. And stocks waver ahead of a busy week for earnings and data. Luke Vargas hosts.

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Tech Stocks Continue to Decline

Fri, 07 Jan 2022 21:48:06 -0000

Investors sell positions while anticipating interest rate increases. Alphabet shares finish down 5% for the week. Also, GameStop's shares close up 7.3% today after the company announced plans for a marketplace for NFTs. Bed Bath & Beyond finishes down 4.3% after announcing more store closures. J.R. Whalen reports.

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Unemployment Rate Falls to 3.9%

Fri, 07 Jan 2022 16:43:23 -0000

Plus, Global Covid-19 cases cross the 300 million mark. Trailblazing actor Sidney Poitier dies at age 94. J.R. Whalen reports.

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CDC Relaxes Isolation, Quarantine Guidelines for Schools

Fri, 07 Jan 2022 11:01:40 -0000

Mortgage rates in the U.S. have reached their highest levels since May 2020. Gamestop enters the NFT and Cryptocurrency markets. And stocks waver ahead of U.S. jobs data. Luke Vargas hosts.

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Stocks Fall in Late Trading

Thu, 06 Jan 2022 21:59:38 -0000

Tesla and Netflix among tech stock decliners, while the financial sector finished higher. Plus, Bitcoin has fallen 6% since Wednesday afternoon. J.R. Whalen reports.

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Jobless Claims Remain Near 50-Year Low

Thu, 06 Jan 2022 16:33:33 -0000

Plus, strong consumer spending helps push U.S. trade deficit to record level. Also, the Supreme Court to consider whether the Biden Administration can enforce vaccine and testing rules for large private employers and healthcare workers. J.R. Whalen reports.

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Biden to Lead Commemorations of Jan. 6 Capitol Riot

Thu, 06 Jan 2022 11:02:12 -0000

In Kazakhstan, dozens are killed as authorities crack down on unrest after days of protests against a rise in fuel prices. WarnerMedia and ViacomCBS are exploring a possible sale of the CW Network. Keith Collins hosts.

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Stocks Fall on Fed's New Interest Rate Timetable

Wed, 05 Jan 2022 22:00:37 -0000

Federal Reserve officials are considering raising interest rates as early as March amid inflation concerns. Also, automaker and semiconductor shares were among the day's big decliners. Plus, the yield on the 10-year U.S. Treasury rises to 1.709%. J.R. Whalen reports.

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North Korea Fires Test Missile

Wed, 05 Jan 2022 17:13:25 -0000

Also, General Motors expected to unveil an electric version of its Chevy Silverado pickup. Plus, AT&T and Verizon's 5G rollout delay could avert serious air travel disruptions. J.R. Whalen reports.

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Sony Is Looking to Enter the Electric-Vehicle Market

Wed, 05 Jan 2022 10:57:34 -0000

California investigators conclude PG&E equipment sparked the blaze that exploded into last summer's massive Dixie Fire. A CDC advisory panel is set to consider Covid-19 booster shots for adolescents ages 12 to 15. Keith Collins hosts.

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Dow Hits Fresh Record

Tue, 04 Jan 2022 22:08:12 -0000

Upbeat economic signals push blue-chip and travel-related stocks higher. The S&P 500 and tech-heavy Nasdaq decline. Plus, oil prices rise on hopes Omicron won't depress global demand. J.R. Whalen reports.

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New Covid-19 Infections Hit One Million in the U.S.

Tue, 04 Jan 2022 17:37:51 -0000

Plus: Job openings are on track for a new record high. Toyota overtakes General Motors as top-selling car company. Former New York Governor Andrew Cuomo won't face sexual-harassment charge. Trenae Nuri reports.

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Theranos Founder Elizabeth Holmes Convicted of Fraud

Tue, 04 Jan 2022 11:02:43 -0000

Former WeWork CEO Adam Neumann is becoming an apartment mogul. AT&T and Verizon postpone the rollout of a new 5G service a day after turning down transportation officials' request for a delay. Keith Collins hosts.

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U.S. Stocks Kick Off 2022 With Gains

Mon, 03 Jan 2022 21:52:49 -0000

Dow, S&P close at record highs. Tech stocks push Nasdaq up 1.2%. Apple briefly hits $3 trillion market value. Tesla shares jump 13.5% on surge in vehicle deliveries. J.R. Whalen reports.

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FDA Greenlights Pfizer-BioNTech Covid Booster for 12- to 15-Year Olds

Mon, 03 Jan 2022 16:38:00 -0000

Plus: American families brace for end of monthly child-tax-credit payments. India’s antitrust watchdog investigates Apple’s App Store practices. Trenae Nuri reports.

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Schools Face Covid-19 Challenges as Students Return From Holidays

Mon, 03 Jan 2022 11:04:26 -0000

AT&T and Verizon turn down federal officials' request to temporarily delay this week's rollout of new 5G wireless services. Tesla said global vehicle deliveries jumped by 87% in 2021. Keith Collins hosts.

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U.S., European Countries Report Record New Covid-19 Cases

Thu, 30 Dec 2021 11:00:00 -0000

President Biden and Russian leader Vladimir Putin plan to talk ahead of high-level negotiations about Ukraine. Ghislaine Maxwell is found guilty in a trial related to her role in the Jeffrey Epstein case. Keith Collins hosts.

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Elon Musk Exercises Final Batch of Stock-Options Package

Wed, 29 Dec 2021 11:00:00 -0000

The CDC is investigating or monitoring 86 cruise ships with reported Covid-19 cases aboard. President Biden is considering former Federal Reserve governor Sarah Bloom Raskin for a top regulatory post at the Fed. Keith Collins hosts.

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CDC Shortens Guidance on Covid-19 Isolation Period

Tue, 28 Dec 2021 11:00:00 -0000

More U.S. flights are canceled amid bad weather and airline staff shortages driven by rising Covid-19 cases. China Evergrande says the debt-laden property developer is on a path to recovery. Keith Collins hosts.

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Christmas Weekend Travel Marred by Flight Cancellations

Mon, 27 Dec 2021 11:00:00 -0000

A spike in early holiday shopping helped lessen the impact on sales from the spread of the Omicron Covid-19 variant. Supermarket prices are expected to rise in the first half of 2022. Keith Collins hosts.

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S&P 500 Finishes at New Closing Record

Thu, 23 Dec 2021 22:06:01 -0000

U.S. stocks gain as investors digest consumer spending, jobless data. Oil prices rise for third straight day. U.S. stock markets will be closed Friday. J.R. Whalen reports.

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FDA Authorizes Merck's At-Home Covid-19 Pill

Thu, 23 Dec 2021 16:52:58 -0000

Plus: U.S. consumer spending rose at a cooler pace in November. Initial jobless claims hold near historic lows. Russian President Vladimir Putin blames the West for Ukraine tensions. J.R. Whalen reports.

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FAA Proposes Fixes for Some Boeing 777 Engines

Thu, 23 Dec 2021 11:25:04 -0000

President Biden says he expects to run for re-election in 2024 if he remains healthy. Elon Musk's Tesla share-selling spree tops $15 billion. Keith Collins hosts.

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U.S. Stocks Extend Gains on Upbeat Economic Data

Wed, 22 Dec 2021 22:08:26 -0000

Plus: Pfizer's Covid-19 pill is authorized in U.S. Tesla returns to $1 trillion club after Elon Musk says stock sales are done. Biden extends student-loan payment moratorium another 90 days. J.R. Whalen reports.

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U.S. Home Sales Rose at Fastest Pace Since January Last Month

Wed, 22 Dec 2021 16:46:30 -0000

Plus: Israel is set to offer a fourth Covid-19 shot to over-60s, healthcare workers. South Africa researchers see milder illness from Omicron. Biden administration considering extension of student-loan repayment moratorium. J.R. Whalen reports.

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U.S. Life Expectancy Fell by 1.8 Years in 2020, CDC Says

Wed, 22 Dec 2021 11:01:59 -0000

The NHL plans to pull out of the 2022 Beijing Olympics as it contends with a Covid-19 outbreak. Japan's SoftBank is finalizing a $4 billion loan from a group led by Apollo Global Management. Keith Collins hosts.

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U.S. Stocks Rebound After Three Days of Losses

Tue, 21 Dec 2021 21:54:57 -0000

Dow adds more than 500 points, as Wall Street's seesaw reaction to Omicron continues. Brent crude futures rise 3.4%. General Mills' profit report misses expectations. Rite Aid says plan to close stores will boost earnings. J.R. Whalen reports.

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U.S. Population Growth Hit Record Low During Pandemic

Tue, 21 Dec 2021 16:44:06 -0000

Plus: Airports, carriers prepare for busy holiday travel week. Unruly passengers face loss of TSA PreCheck. Trenae Nuri reports.

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U.S. to Distribute Free At-Home Tests to Fight Omicron

Tue, 21 Dec 2021 11:00:00 -0000

The Centers for Disease Control and Prevention says Omicron is now the dominant variant in the U.S., accounting for 73% of recent Covid-19 cases. Procter & Gamble recalls some Aussie, Pantene and Herbal Essences dry shampoos. China Mobile plans to raise over $7.6 billion in a Shanghai listing. Keith Collins hosts.

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U.S. Stocks Fall More Than 1% on Omicron Concerns

Mon, 20 Dec 2021 21:56:06 -0000

Brent crude futures drop 2.5%. Oracle shares fall on deal to acquire Cerner. Nike reports better-than-expected earnings. J.R. Whalen reports.

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Moderna Says Its Covid-19 Booster Shot Works Against Omicron Variant

Mon, 20 Dec 2021 16:53:50 -0000

Davos economic forum is postponed amid Omicron. Israel set to bar citizens from traveling to the U.S. and Canada. Oracle to buy medical-records company Cerner for $28 billion. Trenae Nuri reports.

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Sen. Joe Manchin Won't Back Democrats' $2 Trillion Spending Bill

Mon, 20 Dec 2021 11:17:40 -0000

Chinese tennis star Peng Shuai denies accusing anyone of sexual assault. Bank of Montreal agrees to buy Bank of the West from BNP Paribas in a $16 billion deal. Keith Collins hosts.

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U.S. Stocks Close Lower Amid Interest Rate Worries

Fri, 17 Dec 2021 22:39:06 -0000

Cerner shares rise on Oracle deal talks. FedEx reports revenue jump from higher shipping rates. Rivian Automotive shares close at lowest level since IPO. Pfizer, BioNTech delay plans to seek authorization of Covid-19 vaccine for young children. Trenae Nuri reports.

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U.S., European Officials Warn of Omicron Spread

Fri, 17 Dec 2021 16:48:18 -0000

Plus: Blackstone nears deal valuing Manhattan office tower at $2.85 billion. Hong Kong prepares to hold its first election without opposition. Trenae Nuri reports.

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Judge Throws Out Purdue's Deal to Shield Sacklers From Opioid Lawsuits

Fri, 17 Dec 2021 11:09:55 -0000

The Senate parliamentarian rejects Democrats' latest immigration proposal in their $2 trillion spending package. The Food and Drug Administration allows women to receive abortion pills by mail. Keith Collins hosts.

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Tech Shares Drop on Prospect of Higher Interest Rates

Thu, 16 Dec 2021 21:58:47 -0000

CDC advisers recommend Pfizer, Moderna Covid-19 vaccines over Johnson & Johnson's. Rivian reports loss of more than $1 billion in first public earnings report. J.R. Whalen reports.

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Jobless Claims Tick Up But Remain Near Decades-Low

Thu, 16 Dec 2021 16:47:15 -0000

Plus: Bank of England raises benchmark interest rate. European Central Bank to maintain stimulus programs. CDC advisers review blood-clotting risk associated with Johnson & Johnson's Covid-19 vaccine. J.R. Whalen reports.

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Social-Media Platform Reddit Files Confidentially for IPO

Thu, 16 Dec 2021 11:00:00 -0000

The Biden administration ramps up efforts to help increase the number of commercial truck drivers. Apple again delays plans for workers to return to the office. Keith Collins hosts.

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Fed Officials Project Three Interest Rate Rises in 2022

Wed, 15 Dec 2021 21:53:31 -0000

U.S. stocks close higher as investors welcome Fed decision. Eli Lilly raises full-year guidance, sending shares climbing. General Motors teases electric GMC Sierra. Anchorage Capital closing $7.4 billion flagship hedge fund. J.R. Whalen reports.

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Modest Growth in Retail Sales to Start Holiday Shopping Season

Wed, 15 Dec 2021 16:49:52 -0000

Plus: SEC proposes tighter rules on executives buying or selling their company's stock. JPMorgan's big healthcare conference goes virtual on Omicron concerns. J.R. Whalen reports.

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Congress Approves Debt-Ceiling Increase, Sending Measure to Biden

Wed, 15 Dec 2021 11:00:00 -0000

China's economic activity slowed in November as a property slump and sluggish consumer spending weighed on the world's second-largest economy. Former President Donald Trump loses his bid to shield his tax returns from a House committee. Keith Collins hosts.

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U.S. Stocks Extend Losses

Tue, 14 Dec 2021 22:12:40 -0000

International Energy Agency says Omicron will slow the recovery in oil demand. Pfizer says its Covid-19 pill likely works against Omicron. Dogecoin soars after Elon Musk says Tesla will accept it as payment for merchandise. J.R. Whalen reports.

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First Big Omicron Study Finds Vaccine Cuts Hospitalization Risk

Tue, 14 Dec 2021 17:07:54 -0000

Plus: Kroger to end some Covid-19 benefits for unvaccinated employees. U.K. antitrust regulator says Apple, Google hold "vise-like grip" on smartphones. J.R. Whalen reports.

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House Panel Votes to Recommend Holding Mark Meadows in Contempt

Tue, 14 Dec 2021 11:00:00 -0000

Toyota says it will accelerate its shift toward electric vehicles. Hard Rock agrees to buy MGM Resorts' Mirage casino business in Las Vegas for $1.1 billion. Keith Collins hosts.

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Tech-Heavy Nasdaq Drops 1.4% Ahead of This Week's Fed Policy Decision

Mon, 13 Dec 2021 22:33:45 -0000

Vaccine makers surge on signs of demand for Covid-19 boosters. Pfizer to acquire Arena Pharmaceuticals for $6.7 billion. Harley-Davidson's electric-vehicle division to go public via SPAC. GameStop, AMC shares fall in blow to meme-stock investors. Brent crude futures decline 1%. J.R. Whalen reports.

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U.S. Stocks Down Ahead of Federal Reserve Decision This Week

Mon, 13 Dec 2021 16:18:38 -0000

Plus: First Omicron death reported in U.K. as government warns of tidal wave of cases. U.S. athletes reach $380 million settlement with USA Gymnastics and U.S. Olympic and Paralympic Committee over abuse by team physician Larry Nassar. J.R. Whalen reports.

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Tornadoes Left Deadly Path of Destruction in Six States

Mon, 13 Dec 2021 10:59:33 -0000

An Israeli study finds the Pfizer BioNTech booster shot protects people from severe illness brought on by the Omicron variant. China's SenseTime postpones its IPO just days after U.S. blacklisting. Peter Granitz hosts.

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Stocks Rise as Investors See Inflation Peak

Fri, 10 Dec 2021 21:45:11 -0000

Also: General Motors shares rise 6% on WSJ report that GM plans to invest in EV projects in Michigan. Plus, Tesla closes 1.3% higher. J.R. Whalen reports.

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Inflation Hit 39-Year High in November

Fri, 10 Dec 2021 17:04:45 -0000

Also: The Supreme Court allows abortion clinics to challenge a Texas law banning procedures after six weeks. Plus, U.S. Treasury officials blacklist a Chinese artificial-intelligence company due to its support of China's military. J.R. Whalen reports.

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U.K. Court Ruling Paves the Way For Assange Extradition

Fri, 10 Dec 2021 11:15:11 -0000

At least 53 migrants have died and dozens more are injured following a truck crash in Mexico. Costco sees sales surge, but import delays are hurting Christmas stock. Peter Granitz hosts.

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Nasdaq Leads U.S. Stock Markets Lower

Thu, 09 Dec 2021 21:55:09 -0000

Oil prices fall on Omicron restrictions. Pfizer-BioNTech Covid-19 booster authorized for 16- and 17-year-olds. Bitcoin drops after four days of gains. J.R. Whalen reports.

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Jobless Claims Drop to Lowest Level in More Than 50 Years

Thu, 09 Dec 2021 16:11:04 -0000

Plus: American Airlines to reduce international flights due to Boeing Dreamliner delays. Gig workers would be classified as employees under EU proposal. J.R. Whalen reports.

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Amazon Fined $1.3 Billion in Italian Antitrust Case

Thu, 09 Dec 2021 11:00:00 -0000

The DOJ has reportedly told Deutsche Bank it violated a criminal settlement. Former President Donald Trump's final chief of staff, Mark Meadows, sues House Speaker Nancy Pelosi. Peter Granitz hosts.

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U.S. Stocks, Oil Prices Edge Higher

Wed, 08 Dec 2021 21:58:21 -0000

Apple approaches $3 trillion market value. Stanley Black & Decker to sell bulk of its security-business assets for $3.2 billion. Roku shares rise on deal that restores YouTube TV app. GameStop losses widen. J.R. Whalen reports.

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Pfizer, BioNTech Say Booster Neutralizes Omicron

Wed, 08 Dec 2021 16:41:36 -0000

Plus: U.S. job openings stayed near record levels in October as people quit positions at a strong pace. Judge temporarily halts New York City's Covid-19 vaccine mandate for public workers. J.R. Whalen reports.

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Lab Test Shows Omicron Weakens Vaccine Effectiveness

Wed, 08 Dec 2021 11:08:24 -0000

An outage at Amazon Web Services affects thousands of businesses. China Evergrande inches toward default after missing a bond repayment and fellow property developer Kasia is halted in Hong Kong trading. Peter Granitz hosts.

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Lab-test Shows Omicron Weakens Vaccine Effectiveness

Wed, 08 Dec 2021 11:08:24 -0000

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Lab-test Shows Omicron Weakens Vaccine Effectiveness

Wed, 08 Dec 2021 11:08:24 -0000

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Omicron Optimism Pushes Nasdaq to 3% Gain

Tue, 07 Dec 2021 21:57:18 -0000

Oil prices mark fourth consecutive daily increase. GlaxoSmithKline, Vir say their antibody drug works against new Covid-19 variant. Intel stock jumps on plan to list Mobileye shares. Bitcoin continues its recovery from weekend selloff. J.R. Whalen reports.

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Omicron Is Weeks From Being Dominant in Parts of Europe, Officials Say

Tue, 07 Dec 2021 18:27:35 -0000

Plus: American Airlines CEO Doug Parker to step down next year. Companies plan big raises for workers in 2022. Trenae Nuri reports.

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Instagram Unveils Tools to Keep Teens Safe

Tue, 07 Dec 2021 11:00:00 -0000

Samsung replaces its three co-CEOs and merges several business units in a surprise shake-up. Intel plans to list shares in its Mobileye self-driving-car unit. And stocks continue to trade higher. Peter Granitz hosts.

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U.S. Stocks Rally on Hopes of Milder Covid-19 Variant

Mon, 06 Dec 2021 21:59:04 -0000

Oil prices rise, but natural gas plunges 11%. BuzzFeed shares drop after Nasdaq debut. SEC subpoenas electric-vehicle company Lucid over SPAC deal. Stacey Cunningham, first female NYSE president, to step down. J.R. Whalen reports.

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China Moves to Boost Its Slowing Economy

Mon, 06 Dec 2021 16:34:25 -0000

Plus: U.S. won't send officials to Beijing Winter Olympics. New York City sets Covid-19 vaccine mandate for private-sector workers. Trenae Nuri reports.

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Omicron Sends Small-Cap Stocks Lower

Mon, 06 Dec 2021 11:00:00 -0000

The Food and Drug Administration is expected to clear pills to treat Covid-19 this month, but poorer countries won't get them until mid-2022. Activist investor Engine Capital is urging the board of Kohl's department stores to either sell the company or spin off its e-commerce division. Peter Granitz hosts.

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Tech Stocks Pull Nasdaq Down Nearly 2%

Fri, 03 Dec 2021 22:06:40 -0000

Cathie Wood's ARK Innovation ETF sinks during tech selloff. Brent crude prices notch sixth straight weekly decline. Zillow authorizes share buyback. Didi's U.S.-listed shares tumble on plan to delist. DocuSign shares plunge on weakening demand. J.R. Whalen reports.

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U.S. Economy Added Just 210,000 Jobs in November

Fri, 03 Dec 2021 16:47:06 -0000

Unemployment rate fell to 4.2% last month; wages continue to climb. Talks to restore Iran nuclear deal stall. Retail stores bolster security after 'flash mob' robberies. J.R. Whalen reports.

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Congress Passes Funding Bill to Avoid a Government Shutdown

Fri, 03 Dec 2021 11:00:00 -0000

Citigroup applies for a securities license in China, joining a rush by global banks to set up businesses in China that they control. OPEC and a group of Russia-led oil producers agree to keep boosting output, jolting prices. The U.S. jobs report for November is due out today. Peter Granitz hosts

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U.S. Stocks Rebound as Omicron Uncertainty Continues

Thu, 02 Dec 2021 22:18:23 -0000

GlaxoSmithKline says its Covid-19 antibody drug is likely effective against Omicron. Crude prices jump as OPEC plans to proceed with production increases. WeWork to restate financial results. Apple shares drop on report of lower iPhone demand. Boeing shares climb after positive step from Chinese regulator. Kroeger raises full-year guidance. FTC challenges Nvidia's deal for Arm Holdings. J.R. Whalen reports.

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Lawmakers Reach Deal to Try to Prevent Government Shutdown

Thu, 02 Dec 2021 15:47:33 -0000

President Biden to toughen testing for international travelers, extend mask mandate on public transportation. Scientists studying Omicron in South Africa see rise in Covid-19 Reinfections. J.R. Whalen reports.

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MLB Owners Lock Out Players After Failing to Reach Deal

Thu, 02 Dec 2021 11:00:59 -0000

The Women's Tennis Association is suspending all of its tournaments in China amid concerns about the safety of Chinese player Peng Shuai. WeWork says it will restate results for several quarters related to an accounting error involving the SPAC it combined with this year. Keith Collins hosts.

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First U.S. Omicron Case Identified, Sending U.S. Stocks Sharply Lower

Wed, 01 Dec 2021 22:14:58 -0000

Dow falls more than 400 points. Moderna shares lose 12%, but Pfizer stock manages small gain. Travel stocks, oil prices fall again. J.R. Whalen reports.

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U.S. Stocks Rebound as Seesaw Moves on Omicron Continue

Wed, 01 Dec 2021 17:04:00 -0000

Global inflation set to be higher for longer, OECD says. Federal judge temporarily blocks Biden vaccine mandate for healthcare workers. J.R. Whalen reports.

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Supreme Court to Hear Arguments in Landmark Mississippi Abortion Case

Wed, 01 Dec 2021 10:58:38 -0000

The Biden administration is weighing stricter Covid-19 testing requirements for travelers to the U.S., including American citizens. Electricity-market tech platform Voltus says it is going public in a SPAC merger deal valuing it at about $1.3 billion. Keith Collins hosts.

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Omicron, Inflation Concerns Push U.S. Stocks Lower

Tue, 30 Nov 2021 21:47:21 -0000

Dow and S&P 500 tumble 1.9%, Nasdaq falls about 1.6%. Travel stocks, oil prices close down amid concerns of Omicron's economic impact. Salesforce.com posts muted sales outlook. J.R. Whalen reports.

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Omicron Unlikely to Cause Severe Illness, BioNTech Founder Says

Tue, 30 Nov 2021 17:55:00 -0000

But Moderna CEO says current vaccines could be less effective against Omicron. FDA moving to authorize Pfizer-BioNTech boosters for 16-, 17-year-olds. Federal Reserve to consider speedier reduction of asset purchases. U.K. competition regulator tells Facebook parent Meta to sell Giphy. Trenae Nuri reports.

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FDA Advisers to Review Merck's Covid-19 Pill

Tue, 30 Nov 2021 11:09:06 -0000

Cyber Monday sales figures came in roughly the same as last year's as smaller discounts offered holiday shoppers less incentive to spend. The Federal Trade Commission is asking Walmart, Amazon and other companies about supply-chain issues. Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen are set to testify before Congress today. Keith Collins hosts.

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Investors Shrug Off Omicron Worries, Sending U.S. Stocks Higher

Mon, 29 Nov 2021 21:44:46 -0000

Moderna shares jump after vaccine maker says it is working on booster for new variant. Twitter shares drop as CEO Jack Dorsey departs. Oil prices stabilize. J.R. Whalen reports.

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Jack Dorsey Steps Down as Twitter CEO

Mon, 29 Nov 2021 17:10:38 -0000

Plus: Omicron variant drives rise in Covid-19 hospitalizations in South Africa hot spot. Governments push Covid booster shots in response to Omicron spread. U.S. stocks recoup some losses from Friday's selloff. Trenae Nuri reports.

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More Countries Report Cases of New Omicron Covid-19 Variant

Mon, 29 Nov 2021 11:14:55 -0000

U.S. health officials say the strain is likely already in the country though it hasn't yet been detected. Ahead of Cyber Monday, U.S. shoppers spent more time and money in physical stores over the Thanksgiving holiday weekend than last year. Nissan says it plans to shell out more than $17 billion to add new battery-powered vehicles to its lineup. Keith Collins hosts.

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New Coronavirus Fears Trigger Markets' Worst-Ever Black Friday Losses

Fri, 26 Nov 2021 21:33:06 -0000

World Health Organization labels Omicron strain a global "variant of concern." Travel-related stocks and oil producers tumble. Vaccine makers and "work from home" stocks finish higher. J.R. Whalen reports.

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U.S. Stocks, Oil Drop on Concerns Over New Covid-19 Variant

Fri, 26 Nov 2021 16:27:36 -0000

Plus: Merck, Ridgeback Biotherapeutics say Covid-19 pill was less effective than reported earlier. Russian authorities open probe into coal-mine explosion that killed more than 50. J.R. Whalen reports.

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New Covid-19 Variant Prompts Moves to Curb Travel From Southern Africa

Fri, 26 Nov 2021 11:19:41 -0000

Worries about the new variant helped drive global financial markets and U.S. stock futures sharply lower. Holiday shoppers may find fewer Black Friday discounts this year. The FDA is expected to release a staff review of Merck's antiviral Covid-19 pill today. Keith Collins hosts.

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U.S. Stocks Waver as Minutes Show Fed Weighed Inflation Concerns

Wed, 24 Nov 2021 21:36:47 -0000

Chip makers Advanced Micro Devices, Nvidia see shares rise. Energy stocks post gains. Retailers Nordstrom, Gap post disappointing earnings, sending shares tumbling. U.S. stock markets will be closed for Thanksgiving. J.R. Whalen reports.

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U.S. Household Spending Rose 1.3% Last Month

Wed, 24 Nov 2021 16:32:15 -0000

Initial U.S. jobless claims fall to 199,000, a 52-year low. Saudi Arabia, Russia consider pausing planned oil production increases. John Deere's sales grew last quarter despite strike. J.R. Whalen reports.

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Walmart, CVS, Walgreens Contributed to Opioid Epidemic, Ohio Jury Find

Wed, 24 Nov 2021 11:12:04 -0000

Elon Musk exercises millions more in Tesla stock options. Apple sues Israeli surveillance-software maker NSO Group over spyware. Keith Collins hosts.

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Tech Shares Pull Nasdaq Lower as Dow, S&P Rise

Tue, 23 Nov 2021 22:00:42 -0000

Shares of Zoom, Best Buy drop amid slower growth. HP sees office reopenings lifting PC demand ahead of promising holiday season. J.M. Smucker raises earnings forecast. Brent crude gains 3.3%. J.R. Whalen reports.

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U.S., Other Nations to Tap Oil Reserves in Bid to Tame Inflation

Tue, 23 Nov 2021 17:14:00 -0000

Plus: Best Buy, Dick's e-commerce growth slows after pandemic-fueled surge. Supply woes start to ease in Europe, but businesses' costs surge. Trenae Nuri reports.

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Samsung to Choose Texas for $17 Billion Chip-Making Factory

Tue, 23 Nov 2021 10:59:00 -0000

NBCUniversal is considering removing much of its content from Hulu and making it exclusive to its Peacock platform. China's NetEase launches a scaled-back IPO of its music-streaming unit Cloud Village. Keith Collins hosts.

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U.S. Stocks End Mostly Lower After Early Bump From Powell Nomination

Mon, 22 Nov 2021 21:45:00 -0000

Elon Musk says Tesla's Model S Plaid to launch in China next year. Rivian shares fall after scrapping of Ford deal. Astra Space completes first commercial orbital launch for U.S. Space Force. J.R. Whalen reports.

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Biden to Nominate Jerome Powell for Second Term as Fed Chair

Mon, 22 Nov 2021 17:21:00 -0000

Plus: U.S. home sales on track for biggest year in 15 years. Ericsson to buy Vonage for $6.2 billion, bulking up its cloud presence. Trenae Nuri reports.

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Five Are Dead After SUV Plows Into Wisconsin Parade

Mon, 22 Nov 2021 11:10:00 -0000

Global supply-chain issues are easing, though a return to more-normal operations isn't expected until next year. Activision Blizzard CEO Bobby Kotick tells colleagues he would consider leaving if he can't quickly fix problems with the company's culture. Keith Collins hosts.

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U.S. Stocks Mixed, Oil Down Amid New Covid Restrictions in Europe

Fri, 19 Nov 2021 22:19:00 -0000

Plus: Boeing further slows production of 787 Dreamliners to address defects. Foot Locker says it expects supply-chain issues to persist. Ford scraps plan to build electric vehicles with Rivian. Prosecution rests in Elizabeth Holmes trial. Kyle Rittenhouse acquitted of all charges. Christopher Zinsli reports.

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FDA Clears Covid-19 Boosters for All Adults

Fri, 19 Nov 2021 16:51:00 -0000

Plus: Austria to impose vaccine mandate, return to lockdown. U.S. House passes roughly $2 trillion social spending and climate bill. Trenae Nuri reports.

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U.S. House Set to Pass $2 Trillion Social Spending and Climate Bill

Fri, 19 Nov 2021 10:59:00 -0000

Indian Prime Minister Narendra Modi says the government will repeal contentious farming laws. Japan approves a roughly $490 billion stimulus package to help the nation's economy recover from the pandemic. Keith Collins hosts.

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State Attorneys General Investigating Instagram's Impact on Children

Thu, 18 Nov 2021 22:03:00 -0000

Plus: Dow declines as S&P 500 and Nasdaq close up. General Motors, Ford announce ambitions in semiconductor industry. Turkish lira falls to new record low. Amanda Lewellyn reports.

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Ford Strikes Deal to Develop Computer Chips

Thu, 18 Nov 2021 17:36:00 -0000

Plus: Macy's considers separating its e-commerce business from its physical stores. CVS to close 900 stores over the next three years. Trenae Nuri reports.

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Deere Workers Approve New Contract, Ending Strike

Thu, 18 Nov 2021 11:00:00 -0000

Sony's PlayStation puts pressure on Activision Blizzard to better address sexual-misconduct issues following a Wall Street Journal report. Cash-strapped Chinese property developer Evergrande sells a stake in an online-video company as it works to make bond interest payments and avert default. Keith Collins hosts.

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Biden Calls on FTC to Investigate Oil-and-Gas Companies

Wed, 17 Nov 2021 22:17:00 -0000

Plus: U.S. stocks close lower. Securities and Exchange Commission investigates Cassava Sciences over claims it manipulated Alzheimer's drug results. Nvidia reports record sales quarter. Amanda Lewellyn reports.

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Target, TJX Sidestep Supply-Chain Snarls to Post Strong Sales

Wed, 17 Nov 2021 17:04:00 -0000

Plus: Amazon says it will stop accepting U.K.-issued Visa credit cards. Drug overdose deaths in the U.S. hit a record high. Trenae Nuri reports.

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Biden's Decision on Fed Leadership Could Come This Week

Wed, 17 Nov 2021 11:02:00 -0000

Striking Deere workers are set to vote on a third contract offer today. Pfizer asks the Food and Drug Administration to authorize use of its Covid-19 pill for high-risk patients. Keith Collins hosts.

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Strong Retail Sales Report Sends U.S. Stocks Higher

Tue, 16 Nov 2021 22:25:00 -0000

Home Depot shares hit record as home-improvement demand continues. Peloton plans to raise $1 billion in stock offering. Natural-gas prices jump as Germany pauses Nord Stream 2 certification. Bitcoin briefly drops below $60,000. Zoe Thomas reports.

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U.S. Shoppers Boosted Spending by 1.7% in October

Tue, 16 Nov 2021 17:12:00 -0000

Plus: Walmart reports higher sales as it raises prices. Home Depot reports better-than-expected sales. Fannie Mae, Freddie Mac will soon back mortgages of nearly $1 million. Trenae Nuri reports.

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President Biden, China's Xi Seek to Ease Tensions in Virtual Meeting

Tue, 16 Nov 2021 10:55:00 -0000

Tesla CEO Elon Musk sells another batch of his shares in the company. A Hollywood union narrowly ratifies contracts, averting a strike. Keith Collins hosts.

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President Biden Signs $1 Trillion Infrastructure Bill Into Law

Mon, 15 Nov 2021 22:15:00 -0000

Plus: Casper Sleep shares soar on news of takeover bid. Boeing shares up on news of orders for its converted freighters. Tyson Foods says higher meat prices likely to persist. California, Amazon reach deal over Covid-19 outbreak notifications. Zoe Thomas reports.

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Shell to Move HQ to London, Scrap Dual Structure

Mon, 15 Nov 2021 17:33:00 -0000

Plus: Inflation surge pushes gold prices to five-month high. Steve Bannon surrenders to FBI to face contempt charges. Trenae Nuri reports.

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Biden Set To Sign Infrastructure Bill

Mon, 15 Nov 2021 11:00:00 -0000

Japan's economy slumps more than expected in the third quarter. And Airbus says it can't meet rising demand for its single-aisle jets as airlines ramp up orders amid the resumption of travel. Peter Granitz hosts.

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U.S. Stocks Snap Weekly Winning Streak

Fri, 12 Nov 2021 22:38:00 -0000

Shares of Rivian continue post-IPO climb, adding 5.7%. Tesla stock falls 2.8% as CEO Elon Musk sells more shares. Lordstown Motors reports quarterly loss. Johnson & Johnson stocks rise on plan to split company. Activist investor Mantle Ridge takes stake in Dollar Tree. Christopher Zinsli reports.

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Johnson & Johnson to Split Into Two Companies

Fri, 12 Nov 2021 17:45:00 -0000

Plus: Unfilled job openings in U.S. top 11 million. Human-rights groups say Facebook is stifling independent report on its impact in India. Trenae Nuri reports.

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Biden and Xi To Hold Virtual Summit

Fri, 12 Nov 2021 11:00:00 -0000

An appeals court grants former President Trump a delay on the release of his Jan. 6 records. And Japanese conglomerate Toshiba is planning to split its business into three parts. Peter Granitz hosts.

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S&P, Nasdaq Regain Ground After Inflation Report

Thu, 11 Nov 2021 22:37:00 -0000

Alibaba shares boosted by Singles Day shopping event. Electric-vehicle maker Rivian adds to post-IPO gains. Tesla shares inch lower as CEO Elon Musk sells shares. Disney shares suffer worst daily decline in more than a year. Beyond Meat posts disappointing revenue forecast. Julie Chang reports.

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OPEC Lowers Oil Demand Forecast Amid High Energy Prices

Thu, 11 Nov 2021 16:57:00 -0000

Plus: National Association of Realtors says homes sit on the market for just a week on average, a record low. China's Singles Day shopping event hit by global supply strains. Trenae Nuri reports.

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Elon Musk Sells About $5 Billion in Tesla Stock

Thu, 11 Nov 2021 11:04:00 -0000

Boeing strikes an agreement with the lawyers of families of victims of the 737 MAX crash in Ethiopia. Shares of Chinese property developers rallied on signs that Beijing could moderate its stance on the struggling sector. Keith Collins hosts.

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Inflation Report Sends U.S. Stocks Lower

Wed, 10 Nov 2021 22:17:00 -0000

Shares of electric-vehicle startup Rivian jump in market debut. DoorDash shares get a boost from Wolt acquisition. DOJ sues Uber over wait-fee policy. Google loses its appeal of EU antitrust fine. Hershey strikes $1.2 billion in pretzel deals. Disney reports slower subscriber growth for Disney+. Julie Chang reports.

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Inflation Rate Hit 6.2% in October, a 30-Year High

Wed, 10 Nov 2021 16:45:00 -0000

Initial jobless claims fall to new pandemic low. U.S. home prices rose more slowly in third quarter. Zillow sells about 2,000 homes as it dismantles its house-flipping business. COP26 draft climate deal seeks quicker emissions cuts. Trenae Nuri reports. Correction: New jobless claims fell to 267,000 last week. An earlier version of this podcast incorrectly said it was 269,000.

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Judge Rejects Trump's Request to Block Disclosure to Jan. 6 Committee

Wed, 10 Nov 2021 11:04:00 -0000

Electric-vehicle maker Rivian prices its initial public offering at $78 a share ahead of its trading debut on the Nasdaq stock exchange. Debt-laden Chinese property developer Fantasia says some lenders are asking for early repayment of loans. U.S. consumer inflation data and weekly jobless numbers are on deck today. Keith Collins hosts.

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U.S. Stocks Take a Breather, Close Lower

Tue, 09 Nov 2021 22:56:00 -0000

S&P 500 breaks eight-day winning streak. Roblox shares soar as quarterly revenue doubles. Hertz lists on the Nasdaq. DoorDash to acquire Wolt in $8 billion stock deal. Tesla shares lose another 12%. Panera Bread set to return to public market. Janet Babin reports.

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General Electric to Split Into Three Companies

Tue, 09 Nov 2021 17:11:00 -0000

Plus: Biden administration outlines plan to let snarled ports access federal funding. TSMC, Sony to open $7 billion chip plant in Japan in 2024. J.R. Whalen reports.

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Robinhood Hack Exposes Millions of Customers' Personal Information

Tue, 09 Nov 2021 10:59:00 -0000

SpaceX returns four astronauts to Earth after about 200 days on the international space station, the Associated Press reports. Heavily indebted Chinese property developer Evergrande sells a tech company stake in an effort to raise cash to avert a default. Keith Collins hosts.

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Tesla Shares Slip After Musk Promises to Sell Stake

Mon, 08 Nov 2021 21:35:00 -0000

U.S. stocks close at fresh records on continued strong earnings reports. Live Nation shares drop after deadly crowd surge at Houston music festival. Peloton shares shed another 8%. Nextdoor shares jump 17% in market debut. J.R. Whalen reports.

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U.S. Reopens Borders to Vaccinated Europeans, Others

Mon, 08 Nov 2021 16:51:00 -0000

Plus: Regeneron says its antibody drug cut risk of Covid-19 by about 82% in long-term study. Tragedy at Travis Scott show in Houston prompts safety questions for concert industry. J.R. Whalen reports.

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Twitter Users Back Elon Musk's Proposed Sale of Tesla Stock

Mon, 08 Nov 2021 10:57:00 -0000

Japan's SoftBank reports a $3.5 billion quarterly net loss after the value of its investments in Chinese companies took a hit from Beijing's stricter rules on the tech industry. A U.S. federal appeals court temporarily blocks the Biden administration's Covid-19 vaccination rules for big private companies. Keith Collins hosts.

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U.S. Stocks Finish at Fresh Record Highs After Strong Jobs Report

Fri, 05 Nov 2021 20:48:00 -0000

Airbnb shares jump on record quarterly revenue. Pfizer shares climb on positive Covid-19 pill data. Moderna shares extend Thursday's losses. Peloton shares tumble as subscriber growth slows. J.R. Whalen reports.

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U.S. Economy Added 531,000 Jobs in October

Fri, 05 Nov 2021 15:36:00 -0000

Unemployment rate falls to 4.6%, wages grow by 4.9%. Pfizer says Covid-19 pill is highly effective. Indebted property developer China Evergrande offloads jets. J.R. Whalen reports.

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U.S. House Aims to Vote on Two Large Spending Bills as Soon as Today

Fri, 05 Nov 2021 10:14:00 -0000

Boeing shareholders reach an agreement to settle their lawsuit over the board's oversight of the 737 MAX. A federal judge dismisses a lawsuit from Jeff Bezos' space company Blue Origin over a NASA contract awarded to Elon Musk's SpaceX. The U.S. Labor Department is set to release October employment figures this morning. Keith Collins hosts.

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Dow Edges Down as Nasdaq, S&P Move Higher

Thu, 04 Nov 2021 20:45:00 -0000

Qualcomm posts record quarterly sales. AT&T, Verizon to delay 5G rollout over FAA's airplane safety concerns. Tesla, Hertz discuss timing of vehicle deliveries. Moderna cuts forecast for Covid-19 vaccine deliveries. Uber reports first adjusted profit. J.R. Whalen reports.

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Employer Vaccine and Testing Rules to Take Effect Jan. 4

Thu, 04 Nov 2021 16:04:00 -0000

Plus: Merck Covid-19 pill cleared for use in U.K. U.S. trade deficit hits new record. Weekly U.S. jobless claims fall to 269,000. Trenae Nuri reports.

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Biden Says U.S. Won't Pay Families Separated at the Mexico Border

Thu, 04 Nov 2021 10:12:00 -0000

House Democrats include new measures for protecting immigrants in the country illegally in the party's broad spending bill. Credit Suisse plans to overhaul its operations and shift away from hedge-fund financing. Google is pursuing a cloud-computing contract with the Pentagon. Keith Collins hosts.

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Fed Scales Back Bond-Buying Program

Wed, 03 Nov 2021 20:47:00 -0000

U.S. stocks spurred to new records. Bed Bath & Beyond stock jumps after buyback, Kroger announcements. Activision shares tumble on game delays. Avis shares tap the breaks after Tuesday's sharp gain. J.R. Whalen reports.

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House Democrats to Add Paid Leave Back to Spending Bill

Wed, 03 Nov 2021 15:40:00 -0000

Plus: CVS posts higher revenue, raises full-year outlook. Supreme Court considers challenge to New York concealed-weapons permit law. J.R. Whalen reports.

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Republican Glenn Youngkin Wins Virginia Governor's Race, AP Says

Wed, 03 Nov 2021 10:02:00 -0000

The CDC recommends use of the Pfizer-BioNTech Covid-19 vaccine for younger children, allowing the shots to be administered as early as today. Deere union workers reject a second contract offer, extending a weekslong strike. Keith Collins hosts.

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Dow Closes Above 36000 for First Time

Tue, 02 Nov 2021 20:47:00 -0000

S&P 500, Nasdaq also notch records. Pfizer increases Covid-19 vaccine sales forecast. Avis stock doubles on strong results. Lyft reports higher revenue as ridership returns. Justice Department sues to block Penguin Random House's acquisition of Simon & Schuster. J.R. Whalen reports.

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Elon Musk Says Tesla Hasn't Signed Deal With Hertz

Tue, 02 Nov 2021 16:07:00 -0000

Plus: Yahoo pulls out of China. Startup Amylyx Pharmaceuticals seeks FDA approval for ALS drug. J.R. Whalen reports.

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EPA Plans to Limit Methane Emissions From Oil and Gas Production

Tue, 02 Nov 2021 10:08:00 -0000

A CDC advisory panel is set to consider whether to recommend the Pfizer-BioNTech shot for younger children. DuPont is planning moves that would reshape the chemical giant. The Federal Reserve begins its two-day policy meeting. Keith Collins hosts.

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Dow Flirts With 36k

Mon, 01 Nov 2021 20:48:00 -0000

Plus: Moderna shares drop after the FDA delays its decision to authorize the company's Covid-19 vaccine for adolescents. And American Airlines finishes higher despite canceling hundreds more flights . J.R. Whalen reports.

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Supreme Court Hears Arguments on Texas Abortion Law

Mon, 01 Nov 2021 16:55:00 -0000

Plus: At COP26, Biden calls for climate action amid wide divisions. Central banks fuel new bets on tighter money as inflation rises globally. Global Covid-19 death toll tops five million. Trenae Nuri reports.

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Travel Disruption as American Airlines Cancels Flights

Mon, 01 Nov 2021 10:10:00 -0000

G-20 leaders struggle to reach a consensus on climate ahead of COP26 talks in Glasgow. U.K. bank Barclays says CEO Jes Staley is stepping down following a probe into his relationship with Jeffrey Epstein. Keith Collins hosts.

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Strong Earnings Lift Stocks During October

Fri, 29 Oct 2021 20:58:00 -0000

The major U.S. indexes rise sharply this month, led by the Nasdaq's 7.2% gain. The FDA approves Pfizer and BioNTech's Covid-19 vaccine for children aged 5 to 11. The Supreme Court will hear a challenge to the EPA's broad authority to restrict greenhouse gas emissions from power plants. Charlie Turner reports.

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Consumers Pulled Back on Spending in September

Fri, 29 Oct 2021 16:22:00 -0000

Plus: Lawmakers aim for a Medicare negotiation provision to be in President Biden's $1.85 trillion spending bill. Exxon Mobil and Chevron report their most profitable quarterly earnings since the pandemic's onset. J.R. Whalen reports.

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Progressive Democrats Thwart Planned Vote on Infrastructure Bill

Fri, 29 Oct 2021 09:59:00 -0000

Satellite maker Terran Orbital says it will go public through a SPAC merger deal. Chinese property developer Evergrande again averts default by making an overdue bond interest payment. Exxon Mobil and Chevron are set to report earnings today. Keith Collins hosts.

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Facebook Changes Name to Meta to Reflect Focus on Metaverse

Thu, 28 Oct 2021 20:56:00 -0000

Plus: S&P 500, Nasdaq climb to new record highs. Ford to reinstate quarterly dividend. Caterpillar reports higher sales of construction equipment. Anheuser-Busch InBev reports higher revenue and profit. Amazon sales miss expectations. Apple warns of supply-chain disruptions. J.R. Whalen reports.

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U.S. Economic Growth Slowed to 2% in Third Quarter

Thu, 28 Oct 2021 16:21:00 -0000

Plus: President Biden releases new framework for $1.85 trillion social-spending, climate package. Four U.S. intelligence agencies failed to predict Taliban's rapid takeover of Afghanistan. Trenae Nuri reports.

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Mark Zuckerberg to Outline Facebook's Metaverse Vision

Thu, 28 Oct 2021 10:07:00 -0000

Democrats drop paid leave from their broad spending proposal as they work toward an agreement on the package. A global financial task force supports tougher rules to prevent the use of cryptocurrency in money laundering. Apple and Amazon are set to wrap up a big week for tech earnings. Keith Collins hosts.

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Dow, S&P Fall From Record Highs

Wed, 27 Oct 2021 21:13:00 -0000

Plus: U.S. durable-goods orders fell in September. Ford raises its financial forecast for the year. Activist investor Third Point urges Royal Dutch Shell to break up. Charlie Turner reports.

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Hertz Links Up With Uber to Offer Tesla Rentals

Wed, 27 Oct 2021 15:43:00 -0000

Plus: General Motors profit sinks amid computer-chip shortage. Merck's Covid-19 pill licensed to U.N.-backed nonprofit to increase global supplies. J.R. Whalen reports.

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Democrats Consider Income-Tax Proposal Targeting Billionaires

Wed, 27 Oct 2021 10:03:00 -0000

The Federal Trade Commission is said to be scrutinizing Facebook's internal research documents. The U.S. bans China's largest telecom company over national-security concerns. Boeing, Coca-Cola and General Motors are among the companies set to report earnings today. Keith Collins hosts.

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Big Tech Companies Report Strong Earnings

Tue, 26 Oct 2021 21:30:00 -0000

Microsoft profit jumps as cloud services thrive. Google nearly doubles profit amid hot ad market. S&P 500, Dow notch new closing records. FDA advisors back Pfizer-BioNTech Covid-19 vaccine for young children. Charlie Turner reports.

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Nations' Climate Plans Fall Short, U.N. Says

Tue, 26 Oct 2021 15:58:00 -0000

Plus: General Electric says profit rises, lowers revenue forecasts. Eli Lilly asks FDA to approve Alzheimer's drug. J.R. Whalen reports.

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FDA Advisers To Review Covid-19 Shot for Young Children

Tue, 26 Oct 2021 10:00:00 -0000

A bankruptcy judge declines to pause talc litigation against Johnson & Johnson. Jeff Bezos' company Blue Origin plans to help build a new private space station. Microsoft, Twitter and Google parent Alphabet report earnings today. Keith Collins hosts.

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Tesla's Market Value Hits $1 Trillion

Mon, 25 Oct 2021 21:07:00 -0000

Dow, S&P rise to new records. PayPal's shares rise after it abandons planned Pinterest takeover. Facebook reports slower sales growth. J.R. Whalen reports.

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Hertz Orders 100,000 Teslas in Bid to Electrify Fleet

Mon, 25 Oct 2021 16:33:00 -0000

Plus: Moderna says its Covid-19 vaccine produced a strong immune response in children ages 6 to 11. PayPal abandons Pinterest takeover after shareholders balk. Trenae Nuri reports.

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SolarWinds Hackers Step Up Attacks on Tech Companies, Microsoft Says

Mon, 25 Oct 2021 10:12:00 -0000

Digital gaming and esports platform FaZe Clan is nearing a $1 billion SPAC deal to go public. Talks between Italy's government and Italian bank UniCredit to reprivatize lender Monte dei Paschi have collapsed. Keith Collins hosts.

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The Dow Closes At a New Record High

Fri, 22 Oct 2021 21:23:00 -0000

American Express' earnings are boosted by more customers dining out. The SPAC company taking Donald Trump's new social network public more than doubles in value. Tech stocks lose ground. Fed chair Powell says worsening supply-chain problems are raising the risk of higher inflation. Charlie Turner reports.

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Pfizer Covid-19 Vaccine 90.7% Effective in Kids

Fri, 22 Oct 2021 16:19:00 -0000

Plus: Saudi Arabia says reducing investment in fossil fuels would drive energy prices up further. New Mexico authorities investigating a shooting on a movie set involving actor Alec Baldwin. J.R. Whalen reports.

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CDC Recommends Moderna and J&J Covid-19 Boosters

Fri, 22 Oct 2021 10:41:00 -0000

China Evergrande has reportedly made an overdue interest payment of $83.5 million, avoiding default. And tech stocks slip in late trading after Snap misses even its lowest revenue estimate. Peter Granitz hosts.

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IBM Drags Dow Lower

Thu, 21 Oct 2021 21:19:00 -0000

Dow component IBM shares fall 9.6% after reporting lower-than-expected revenue. Tesla shares rise 3.2% a day after reporting record profits. WeWork shares close up 13% in their trading debut. J.R. Whalen reports.

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Jobless Claims Fall to Pandemic Low

Thu, 21 Oct 2021 15:58:00 -0000

Also: Existing-home sales up 7% in September from the month earlier, though down from a year ago. Pfizer and BioNTech's Covid-19 vaccine booster shows 95.6% efficacy in a large study. J.R. Whalen reports.

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Trump's Social-Media Company Plans to Go Public via SPAC

Thu, 21 Oct 2021 10:53:00 -0000

Bitcoin surges to a new record following a bumper trading day for the first U.S. ETF linked to the cryptocurrency. And there are fresh signs of trouble in China's massive real-estate market. Peter Granitz hosts.

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S&P 500 Notches Sixth Straight Trading Day of Gains

Wed, 20 Oct 2021 21:25:00 -0000

Plus: Verizon raises its full-year outlook. Netflix's co-CEO apologizes for defending a controversial comedy special by Dave Chappelle. Tesla reports third straight record quarterly profit. Democrats' tax plans in jeopardy due to opposition by Sen. Kyrsten Sinema. Charlie Turner reports.

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White House Prepares Rollout of Covid-19 Vaccine for Young Children

Wed, 20 Oct 2021 15:36:00 -0000

Plus: Exxon Mobil debates abandoning some of its biggest oil and gas projects. Nikolas Cruz pleads guilty to murder in 2018 Parkland school shooting. J.R. Whalen reports.

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Jan. 6 Committee Holds Bannon in Contempt

Wed, 20 Oct 2021 10:23:00 -0000

Chip maker Micron Technologies is looking to spend more than $150 billion in order to meet growing demand. And SPAC shareholders are set to take WeWork public in a deal worth $1.3 billion. Peter Granitz hosts.

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Strong Start to Corporate Earnings Season Pushes U.S. Stocks Higher

Tue, 19 Oct 2021 20:47:00 -0000

Plus: Johnson & Johnson's sales climb across divisions. Netflix says it added 4.4 million subscribers last quarter. Bitcoin ETF jumps nearly 5% in debut. Day traders drive uranium prices higher. J.R. Whalen reports.

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Procter & Gamble Raising Prices on More Consumer Staples

Tue, 19 Oct 2021 16:20:00 -0000

Plus: U.S. lawmakers step up efforts to adopt tougher tech laws. Chinese President Xi Jinping's property-tax plan faces resistance. Trenae Nuri reports.

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FDA Set To Approve Mixed Booster Shots

Tue, 19 Oct 2021 10:09:00 -0000

Former President Donald Trump is suing to block the release of White House records as part of the Jan. 6 Capitol riot investigation. And the launch of the first U.S. bitcoin futures ETF marks a milestone for the industry. Peter Granitz hosts.

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U.S. Stocks Finish Mixed After Weak China Growth Data

Mon, 18 Oct 2021 21:12:00 -0000

Tech shares post strong gains. U.S. industrial production fell in September. Albertsons says grocery sales remain strong. Zillow to pause its house-flipping business. Bitcoin price climbs ahead of expected ETF launch. J.R. Whalen reports.

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Former Secretary of State Colin Powell Dies at 84

Mon, 18 Oct 2021 15:44:00 -0000

Plus: Group of 16 Americans and a Canadian kidnapped in Haiti. Amazon seeks to hire 150,000 seasonal U.S. workers. J.R. Whalen reports.

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China Third-Quarter Growth Slows Sharply

Mon, 18 Oct 2021 10:14:00 -0000

House lawmakers question whether Amazon executives misled Congress over its business practices. And Facebook is set to hire 10,000 workers in the EU for its metaverse. Peter Granitz hosts.

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U.S. Stocks Cap Best Week in Months

Fri, 15 Oct 2021 20:59:00 -0000

Plus: FDA advisors endorse Johnson & Johnson Covid-19 booster shot. FDA delays Moderna's Covid vaccine for adolescents. U.S. border to open to vaccinated international travelers on Nov. 8. Charlie Turner reports.

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U.S. Retail Sales Rise, Reflecting Healthy Demand and Higher Prices

Fri, 15 Oct 2021 15:30:00 -0000

Plus: Goldman Sachs reports higher profit and revenue amid deal bonanza. FDA advisors discuss Johnson & Johnson Covid-19 booster shot. J.R. Whalen reports.

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Former Boeing Pilot Indicted in Probe of 737 MAX Crashes

Fri, 15 Oct 2021 10:11:00 -0000

More than 10.000 workers at John Deere have gone on strike for the first time in 35 years. Virgin Galactic postpones its commercial space flights to the fourth quarter of 2022. And U.S. retail sales data are due out later. Peter Granitz hosts.

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Strong Earnings Reports Propel U.S. Stocks Higher

Thu, 14 Oct 2021 20:51:00 -0000

Moderna booster shot backed by FDA advisory panel. Walgreens to invest $5.2 billion in VillageMD. UnitedHealth Group raises earnings guidance. Jana Partners takes stake in Macy's, urges e-commerce spinoff. U.S. crude futures close at highest level in seven years. J.R. Whalen reports.

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New Jobless Claims Fall Below 300,000 for First Time During Pandemic

Thu, 14 Oct 2021 15:45:00 -0000

Plus: Bank of America, Wells Fargo and Morgan Stanley report strong third-quarter profits. Boeing deals with new Dreamliner defect. J.R. Whalen reports.

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WHO Creates New Team to Probe Covid-19 Origins

Thu, 14 Oct 2021 10:13:00 -0000

Power companies are switching to oil as the energy crunch continues to push gas and coal prices higher. Netflix employees are protesting David Chappelle's latest stand-up special. And U.S. jobless claims are due out later. Peter Granitz hosts.

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U.S. Stocks Waver After Hotter-Than-Expected Inflation Report

Wed, 13 Oct 2021 21:02:00 -0000

Federal Reserve minutes show policymakers preparing to begin reducing asset purchases. Port of Los Angeles to operate around the clock to ease cargo logjams. Charlie Turner reports.

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Consumer Prices Continued Climbing in September

Wed, 13 Oct 2021 16:15:00 -0000

Social Security benefits to increase 5.9% for 2022, biggest bump in 40 years. JPMorgan profit jumps on release of rainy-day funds. FDA staff says Johnson & Johnson Covid-19 booster shot bolsters immune defense. J.R. Whalen reports.

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U.S. to Ease Covid-19 Travel Restrictions at Land Borders

Wed, 13 Oct 2021 10:11:00 -0000

The House approves a temporary increase in the U.S. debt ceiling, sending it to President Biden for his signature. Boeing is requiring its U.S. employees to get Covid-19 vaccinations. JPMorgan Chase and Delta Air Lines are among the companies helping kick off U.S. earnings season today. Keith Collins hosts.

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U.S. Stocks Inch Lower Amid Concerns Over Energy, Inflation

Tue, 12 Oct 2021 21:03:00 -0000

Plus: FDA staff takes no position on Moderna's Covid-19 booster application. Southwest Airlines works to reset after flight cancellations. JPMorgan Chase, BlackRock to kick off earnings reporting season Wednesday. Charlie Turner reports.

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IMF Predicts Slower Global Growth, Higher Inflation

Tue, 12 Oct 2021 15:51:00 -0000

Plus: Trump nears deal to sell marquee Washington, D.C., hotel. House set to temporarily raise debt limit. J.R. Whalen reports.

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Texas Governor Bans Covid-19 Vaccine Mandates at Businesses

Tue, 12 Oct 2021 10:05:00 -0000

In China car sales drop as the industry deals with the impact from the global chip shortage. The board of the International Monetary Fund backs the head of the fund, Kristalina Georgieva, following an investigation into her role in a data-rigging scandal at the World Bank. Keith Collins hosts.

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Oil-Price Surge Triggers Stock Selloff

Mon, 11 Oct 2021 20:54:00 -0000

U.S. crude surpasses $80 a barrel for the first time since 2014. Plus: Southwest Airlines shares fall 4.1% following widespread flight cancellations. J.R. Whalen reports.

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Oil Price Jumps Above $80

Mon, 11 Oct 2021 16:47:00 -0000

Plus: KKR co-CEOs Henry Kravis and George Roberts step down. Chinese developer Modern Land asks to delay bond repayment. Trenae Nuri reports.

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Southwest Airlines Cancels More Than 1,800 Flights

Mon, 11 Oct 2021 10:25:00 -0000

Merck and partner Ridgeback ask the FDA to authorize a Covid-19 pill after a study showed encouraging results. Emerson plans to combine two software businesses with AspenTech in a roughly $11 billion deal. Keith Collins hosts.

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Nearly 140 Countries Agree to Global Corporate Minimum Tax

Fri, 08 Oct 2021 20:58:00 -0000

U.S. stocks edge lower but post weekly gains. Two parents found guilty in college admissions cheating case. Charlie Turner reports.

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U.S. Economy Added 194,000 Jobs Last Month, Slowest Pace of Year

Fri, 08 Oct 2021 15:23:00 -0000

Unemployment rate dropped to 4.8% as many workers exited labor force. Afghanistan mosque bombing kills dozens of worshipers. China delivery giant Meituan fined more than $530 million in Beijing's tech crackdown. J.R. Whalen reports.

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Tesla to Move Headquarters From California to Texas

Fri, 08 Oct 2021 10:09:00 -0000

The Senate passes a bill to raise the nation's debt limit into December and avert a possible default. Samsung expects a jump in operating profit as it benefits from high chip demand amid a global shortage. The Nobel Peace Prize is awarded to journalists from the Philippines and Russia. Keith Collins hosts.

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Deal on Debt-Limit Extension Sends U.S. Stocks Higher

Thu, 07 Oct 2021 21:02:00 -0000

Auto makers and energy stocks see strong gains. Pfizer, BioNTech rise after seeking approval for Covid-19 vaccine for young children. Twitter sells mobile ad firm MoPub to AppLovin for more than $1 billion. J.R. Whalen reports.

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Pfizer Seeks FDA Approval for Covid-19 Vaccine in Young Children

Thu, 07 Oct 2021 16:34:00 -0000

Plus: U.S. stocks jump after Senate Majority Leader Chuck Schumer says a deal was reached to extend the federal debt limit to December. Initial jobless claims drop for first time in four weeks. Trenae Nuri reports.

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Federal Judge Blocks Enforcement of Texas Abortion Law

Thu, 07 Oct 2021 10:21:00 -0000

General Motors aims to challenge Tesla with a planned $30,000 electric SUV. NASA says Boeing's Starliner space capsule won't make another launch attempt this year. The U.S. is set to release weekly jobless claims data this morning. Keith Collins hosts.

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U.S. Stocks Rally Back From Earlier Losses

Wed, 06 Oct 2021 21:01:00 -0000

Plus: Facebook slows work on new products to conduct "reputational reviews." Senate Minority Leader Mitch McConnell proposes short-term debt-limit extension. Charlie Turner reports.

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World's First Malaria Vaccine Gets WHO Backing

Wed, 06 Oct 2021 16:21:00 -0000

Plus: U.S. stocks fall after yesterday's rebound. ADP says U.S. private sector added 568,000 jobs in September. Student-loan forgiveness to include more public-sector workers. J.R. Whalen reports.

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Facebook's Mark Zuckerberg Breaks Silence on Whistleblower Testimony

Wed, 06 Oct 2021 10:13:00 -0000

Senate Republicans are expected to block today's planned procedural vote on raising the U.S. debt ceiling. California's governor says officials plan to step up efforts to help contain the damage from an offshore oil spill. Keith Collins hosts.

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S&P, Nasdaq Gain More Than 1%

Tue, 05 Oct 2021 20:49:00 -0000

Tech stocks rebound from Monday's selloff. Facebook whistleblower testifies in front of Senate panel. Democrats meet to discuss how to raise debt limit. U.S. crude futures jump to highest level in seven years. Charlie Turner reports.

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U.S. Stocks Open Higher After Monday's Selloff

Tue, 05 Oct 2021 16:02:00 -0000

Plus: Johnson & Johnson asks FDA to authorize Covid-19 booster. Senate Majority Leader Chuck Schumer sets up vote on debt ceiling by Wednesday. J.R. Whalen reports.

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U.S. Stock Futures Flat Following Wall Street Selloff

Tue, 05 Oct 2021 10:17:00 -0000

Southwest Airlines says it will require employees to get Covid-19 vaccinations. A jury awards a Black former Tesla worker $130 million in damages after finding the company subjected him to a racially hostile work environment. Facebook whistleblower Frances Haugen is set to testify at a Senate hearing today. Keith Collins hosts.

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Facebook, Tech Stock Decline Triggers Broader Selloff

Mon, 04 Oct 2021 21:00:00 -0000

Shares of Facebook suffer their worst loss of 2021. Apple, Alphabet and Netflix shares also finish lower. Merck shares climb 2% on the effectiveness of its antiviral pill again Covid-19 in a recent trial. J.R. Whalen reports.

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Broader Inflation Pressures Begin to Show

Mon, 04 Oct 2021 16:35:00 -0000

Plus: Senate Majority Leader Chuck Schumer urges action on debt ceiling by the end of the week. OPEC opts against a big output boost, pushing oil prices to seven-year high. Trenae Nuri reports.

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U.S. to Begin New China Trade Talks, Keep Tariffs in Place

Mon, 04 Oct 2021 09:59:00 -0000

Swedish car maker Volvo is planning an initial public offering. In Southern California, officials are racing to limit damage from an oil spill. The Federal Reserve is planning to begin a review of a possible digital dollar as early as this week. Keith Collins hosts.

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Personal Income and Spending Rise in August

Fri, 01 Oct 2021 15:51:00 -0000

Plus: Merck says its experimental Covid-19 antiviral pill cut the risk of hospitalization and death in people with mild to severe cases. Supreme Court justice Brett Kavanaugh tests positive for Covid-19. J.R. Whalen reports.

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Democrats Delay Infrastructure Bill Vote After Failing to Reach Deal

Fri, 01 Oct 2021 10:48:32 -0000

Hollywood star Scarlett Johansson settles her lawsuit against Disney related to her salary from the superhero movie "Black Widow." The Federal Aviation Administration says it is reviewing a letter that criticizes Jeff Bezos' space company Blue Origin over safety concerns. Data on U.S. consumer spending and auto sales are due out today. Keith Collins hosts.

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Democrats Delay Infrastructure Bill Vote After Failing to Reach Deal

Fri, 01 Oct 2021 10:18:00 -0000

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Stocks Tumble to End the Quarter

Thu, 30 Sep 2021 21:40:00 -0000

September marks the S&P 500's worst month since March, 2020. Plus: Virgin Galactic Holdings rise after regulators allow the company to resume space flight. Bed Bath & Beyond shares fall after the company lowers earnings guidance. J.R. Whalen reports.

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Bed Bath & Beyond Stock Falls on Sharp Sales Decline

Thu, 30 Sep 2021 16:25:00 -0000

Plus: Stocks wobble but stay on track for quarterly gains. U.S. frackers fear planned vaccine mandate will worsen worker crunch. California wildfire crews make headway, but tough conditions expected to persist. Trenae Nuri reports.

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Congress to Vote on Funding Bill to Prevent a Government Shutdown

Thu, 30 Sep 2021 10:24:00 -0000

House lawmakers are planning to vote on the Biden administration's $1 trillion infrastructure plan today. A Senate panel is set to question a Facebook official about how its products affect children. China's manufacturing activity shrinks for the first time in over a year. The U.S. is set to release weekly jobless claims data this morning. Keith Collins hosts.

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Stocks Stage a Partial Recovery from Tuesday's Rout

Wed, 29 Sep 2021 21:09:00 -0000

Dow, S&P recover, despite another rise in bond yields. Dollar Tree adds $1 billion to its stock buyback plan. Democratic lawmakers race to avoid a government shutdown. Charlie Turner reports.

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Walmart to Hire 150,000 Workers Ahead of Holidays

Wed, 29 Sep 2021 15:53:00 -0000

Plus: U.S. stocks rebound following Tuesday's selloff. YouTube to remove videos containing misinformation about vaccines. J.R. Whalen reports.

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U.S. Stock Futures Gain Following Wall Street Selloff

Wed, 29 Sep 2021 11:20:00 -0000

In Japan, former Foreign Minister Fumio Kishida is set to be the country's next prime minister. United Airlines is preparing to fire almost 600 employees who didn't get vaccinated against Covid-19. Cash-strapped Chinese property developer Evergrande agrees to sell most of its stake in a commercial bank for $1.5 billion. Keith Collins hosts.

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Falling Tech Stocks Pull S&P, Nasdaq Lower

Tue, 28 Sep 2021 21:11:00 -0000

Shares of Microsoft, Facebook and Google parent Alphabet fall more than 3.5%. Republicans block new Democratic effort to raise nation's debt limit. Pfizer's Covid-19 vaccine for children may not receive FDA authorization before November. Charlie Turner reports.

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U.S. Stocks Slump as Bond Yields Rally

Tue, 28 Sep 2021 16:05:00 -0000

Plus: Janet Yellen says Treasury could exhaust cash reserves by Oct. 18. U.S. home prices grew at record pace in July. J.R. Whalen reports.

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GOP Senators Block Bill to Fund Government, Suspend U.S. Debt Limit

Tue, 28 Sep 2021 10:11:00 -0000

Ford plans a U.S. electric-truck factory and three battery factories in a bid to beef up its electric-vehicle business. Two regional Federal Reserve bank chiefs are stepping down. Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen are set to speak at a congressional hearing today. Keith Collins hosts.

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Energy Stocks Rally as Investors Bet on Economic Reopening

Mon, 27 Sep 2021 20:40:00 -0000

Dow edges up as Nasdaq, S&P decline. Brent crude prices reach three-year high. Travel stocks close higher. Bitcoin regains some ground from last week's steep declines. J.R. Whalen reports.

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Facebook Pauses Instagram Kids Project

Mon, 27 Sep 2021 17:14:00 -0000

Plus: New York prepares for healthcare disruptions ahead of Covid-19 vaccine mandate taking effect. Google pushes to overturn a $5 billion European Union antitrust decision on Android. Trenae Nuri reports.

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Germany's Center-Left Clinches Narrow Victory in National Elections

Mon, 27 Sep 2021 10:37:00 -0000

The U.S. Senate is expected to vote today on extending government funding in an effort to avoid a partial government shutdown. Swedish electric-vehicle maker Polestar, which counts Leonardo DiCaprio among its investors, is nearing a deal to go public through a SPAC merger. The World Health Organization is reviving its stalled investigation into the origins of Covid-19. Keith Collins hosts.

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Dow, S&P Edge Higher After Evergrande Payment Deadline Passes

Fri, 24 Sep 2021 20:47:00 -0000

China Evergrande's global bondholders didn't receive interest payment before deadline. Shares of magazine publisher Meredith jump on takeover talks with Barry Diller's IAC. PG&E to face manslaughter charges over 2020 wildfire. J.R. Whalen reports.

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China Declares Cryptocurrency Transactions Illegal

Fri, 24 Sep 2021 15:43:00 -0000

Bitcoin price falls. Arizona GOP's election audit confirms Biden win. Apple faces off with European Union regulators over phone chargers. J.R. Whalen reports.

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U.S. Commerce Secretary Aims to Strengthen Business Ties With China

Fri, 24 Sep 2021 10:16:00 -0000

President Biden is set to meet with the leaders of India, Japan and Australia at the White House today. A CDC panel recommends boosters of the Pfizer-BioNTech Covid-19 vaccine for seniors, nursing-home residents and certain adults with underlying medical conditions. Peter Granitz hosts.

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U.S. Stocks Roar Back From Early-Week Tumble

Thu, 23 Sep 2021 21:07:00 -0000

Major indexes are now up for the week, partly on optimism that any fallout from China Evergrande can be contained. House Speaker Pelosi says Congress won't let the government run out of money. WSJ reports Disney isn't pursuing an outside probe into sexual-assault charges against former ABC producer. Charlie Turner reports.

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U.S. Special Envoy for Haiti Resigns Amid Migrant Crisis

Thu, 23 Sep 2021 16:27:00 -0000

Plus: Environmental Protection Agency completing new rules to cut emissions from coolants. Amazon faces pushback against planned regional headquarters in South Africa. Trenae Nuri reports.

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FDA Clears Covid-19 Booster Shots From Pfizer for High-Risk People

Thu, 23 Sep 2021 10:00:00 -0000

United Airlines faces a lawsuit from a group of employees over its Covid-19 vaccine mandate. Facebook's chief technology officer says he is stepping down. Peter Granitz hosts.

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Fed Signals Possible 2022 Interest Rate Hike

Wed, 22 Sep 2021 20:49:00 -0000

Major U.S. stock indexes gain about 1%. Investor concern over China Evergrande ebbs after it makes bond payment. Apple says it won't reinstate 'Fortnite' developer Epic Games on its App Store until legal battle ends. Charlie Turner reports.

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Hot U.S. Housing Market Cooled Off in August

Wed, 22 Sep 2021 15:46:00 -0000

Existing-home sales dropped 2% from the prior month. U.S. stocks rise as investors await Federal Reserve decision. Pfizer, BioNTech study of Covid-19 vaccine in pregnant women delayed by slow enrollment. J.R. Whalen reports.

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House Passes Funding Bill, Senate to Vote to Avert Shutdown

Wed, 22 Sep 2021 10:10:00 -0000

Uber projects its first-ever adjusted profit this quarter. Amazon's future retail stores will use automation and high-tech dressing rooms to help shoppers. The Federal Reserve is set to wrap up its regular meeting. Peter Granitz hosts.

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U.S. Stocks Finish Mixed as Turnaround Fizzles

Tue, 21 Sep 2021 20:59:00 -0000

Plus: Facebook's Oversight Board launches review of XCheck system at center of WSJ investigation. Zoom's nearly $15 billion deal for Five9 under U.S. government review over China ties. Charlie Turner reports.

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Biden Makes Case for Global Cooperation at U.N. General Assembly

Tue, 21 Sep 2021 16:07:00 -0000

Plus: Johnson & Johnson says booster dose of its Covid-19 vaccine increases protection. Justice Department preparing to challenge American Airlines-JetBlue alliance. J.R. Whalen reports.

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General Motors to Replace Batteries in Recalled Chevy Bolts

Tue, 21 Sep 2021 10:00:00 -0000

U.S. Covid-19 death toll surpasses 1918 flu fatalities. Canadian Prime Minister Justin Trudeau is headed for a third straight electoral victory. U.N. Secretary-General António Guterres says the COP26 climate summit in Glasgow faces a 'high risk of failure.' Marc Stewart hosts.

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Stocks Tumble Over Concerns About Property Developer China Evergrande

Mon, 20 Sep 2021 20:55:00 -0000

Dow closes more than 600 points lower. Nasdaq loses 2.2%. Brent crude futures fall 1.5%. General Motors to replace batteries in recalled Chevy Bolts. J.R. Whalen reports.

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Pfizer, BioNTech Say Their Covid-19 Vaccine Is Safe for Young Children

Mon, 20 Sep 2021 16:38:00 -0000

Plus: CVS makes a hiring push amid worker shortage and increased Covid-19 vaccine demand. U.S. will relax travel restrictions for vaccinated foreign nationals. Trenae Nuri reports.

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Tesla's Planned Driver-Assistance Upgrade Rankles Top Safety Authority

Mon, 20 Sep 2021 10:01:00 -0000

Migrants crossing the border from Mexico to Del Rio, Texas, overwhelm the resources of local, state and federal authorities. At the Emmy Awards, winners include "The Crown" and "Ted Lasso" as streaming networks win big. Hong Kong's Hang Seng index sees a decline. Marc Stewart hosts.

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Down Day for U.S. Stocks Caps Off a Lackluster Week

Fri, 17 Sep 2021 21:14:00 -0000

Plus: FDA advisory panel endorses Covid-19 boosters for people 65-plus or at high risk of severe illness. Biden administration to extend Affordable Care Act sign-up period. Charlie Turner reports.

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U.S. to Target Crypto Ransomware Payments With Sanctions

Fri, 17 Sep 2021 16:18:00 -0000

Plus: United Nations report says the world is off track to meet Paris climate accord targets. U.S. falling short on Covid-19 rapid testing. Trenae Nuri reports.

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Former Boeing Pilot Expected to Face Prosecution in 737 MAX Probe

Fri, 17 Sep 2021 10:38:00 -0000

President Biden steps up efforts to advance his $3.5 trillion spending plan. Investment firm Invesco is in talks to merge with State Street's asset-management business. An FDA advisory panel is set to consider evidence on Covid-19 booster shots today. Keith Collins hosts.

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U.S. Stocks End Day Mostly Lower

Thu, 16 Sep 2021 21:01:00 -0000

Dow, S&P finish down, but Nasdaq manages small gain. General Motors plans to idle factories longer amid chip shortage. Analyst ratings push DoorDash's shares up, Beyond Meat lower. J.R. Whalen reports.

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U.S. Retail Sales Rose 0.7% in August

Thu, 16 Sep 2021 16:19:00 -0000

Initial U.S. jobless claims rose slightly last week, but remain near pandemic low. France calls U.S.-Australia submarine deal a betrayal. Trenae Nuri reports.

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Elon Musk's SpaceX Launches First All-Civilian Flight Toward Orbit

Thu, 16 Sep 2021 10:16:00 -0000

The U.S., the U.K. and Australia are creating a new security partnership in the Indo-Pacific region, as China's influence there grows. Microsoft plans to buy back up to $60 billion of its stock. Keith Collins hosts.

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U.S. Stocks Climb After Market Pullback

Wed, 15 Sep 2021 20:39:00 -0000

Oil prices rally amid output disruptions from Hurricane Ida. Canadian Pacific, Kansas City Southern agree to roughly $31 billion deal. FDA says Covid-19 vaccines remain effective without boosters. Charlie Turner reports.

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U.S. Industrial Production Recovers to Pre-Pandemic Levels

Wed, 15 Sep 2021 16:09:00 -0000

Plus: Justice Department asks federal judge to temporarily block Texas abortion law. Data suggest Tokyo Olympics didn't worsen Covid-19 spread. J.R. Whalen reports.

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California Gov. Gavin Newsom Defeats Recall Effort

Wed, 15 Sep 2021 10:21:00 -0000

President Biden is expected to meet with executives from Disney, Microsoft and other companies today to promote his Covid-19 vaccination plan for the private sector. North Korea test-launches two ballistic missiles off its east coast. Elon Musk's SpaceX is scheduled to launch the first all-civilian mission into orbit tonight. Keith Collins hosts.

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U.S. Stocks Close Lower After Inflation Data

Tue, 14 Sep 2021 21:02:00 -0000

Plus: Apple showcases new iPhone 13, iPad and Watch. Casino stocks fall on fears of increased Macau regulations. Amazon adding 125,000 workers in U.S., opening 100 new facilities. Charlie Turner reports.

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Consumer Prices Grew More Slowly in August

Tue, 14 Sep 2021 16:10:00 -0000

Census figures show Americans' incomes fell in 2020 and the poverty rate rose. Iranian guards physically harassed female U.N. nuclear inspectors, diplomats say. J.R. Whalen reports.

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Kroger, Instacart Team Up to Target 30-Minute Grocery Delivery

Tue, 14 Sep 2021 10:02:00 -0000

Apple issues a security update for iPhones after researchers said they found a software flaw that was being exploited to infect the devices. Apple is expected to reveal new offerings at its annual fall launch event today. Senate Republicans threaten to block Treasury nominations until the company managing Russia's Nord Stream 2 pipeline project is sanctioned. California Gov. Gavin Newsom faces a recall vote today. Keith Collins hosts.

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Energy Shares Jump After OPEC Forecasts Higher Oil Demand

Mon, 13 Sep 2021 20:51:00 -0000

Dow, S&P 500 close higher, while Nasdaq slips. Uranium stocks jump amid attention from Reddit's WallStreetBets forum. Airbnb's shares fall on Goldman Sachs "sell" recommendation. Intuit nears $12 billion deal to buy Mailchimp. J.R. Whalen reports.

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Antony Blinken to Face Lawmakers Over Afghanistan Withdrawal

Mon, 13 Sep 2021 16:06:00 -0000

Plus: National Institutes of Health reviews removal of coronavirus gene sequences. Walmart says litecoin partnership news release is fake. J.R. Whalen reports.

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House Democrats Consider Raising Corporate Tax Rate to 26.5%

Mon, 13 Sep 2021 10:12:00 -0000

Media conglomerate ViacomCBS plans to revamp Paramount Pictures. At the U.S. Open, top-seeded Novak Djokovic loses to second-ranked Daniil Medvedev of Russia. The first trial related to the Varsity Blues college-admissions scandal is set to start today. Keith Collins hosts.

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U.S. Stocks Close Out Choppy Week With Losses

Fri, 10 Sep 2021 21:02:00 -0000

Apple's shares fall 3.3% after mixed ruling in Epic Games case. Metal prices rally after phone call between Presidents Biden and Xi Jinping. Charlie Turner reports.

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Apple Trial Ends in Mixed Verdict

Fri, 10 Sep 2021 16:58:00 -0000

Judge rules Apple isn't a monopolist in mobile gaming transactions but blocks its prohibition on alternate payment systems. Biden administration releasing billions in Covid-19 relief for hospitals after Congressional pressure. Centrist House Democrats to offer rival proposal on drug prices. J.R. Whalen reports.

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Biden Boosts Covid-19 Vaccine Requirements for Large Businesses

Fri, 10 Sep 2021 10:08:00 -0000

President Biden spoke with Chinese leader Xi Jinping in an effort to help ease tensions between the two sides. DoorDash, Grubhub and Uber Eats sue New York City over its law capping the commissions the food-delivery apps can charge restaurants. Keith Collins hosts.

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Dow, S&P Post Fourth Straight Daily Loss

Thu, 09 Sep 2021 20:51:00 -0000

Moderna says it is developing a combination Covid-19 and flu vaccine. President Biden to require large employers to mandate Covid vaccines or weekly tests. JPMorgan to buy restaurant-discovery service the Infatuation. Lululemon revenue exceeds expectations. J.R. Whalen reports.

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New U.S. Jobless Claims Fell to Pandemic Low Last Week

Thu, 09 Sep 2021 16:23:00 -0000

Initial filings for unemployment benefits dropped to 310,000. Amazon to offer free bachelor's degrees for U.S. workers. President Biden to require federal workers, government contractors be vaccinated against Covid-19. J.R. Whalen reports.

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White House to Unveil Plan for Cutting Prescription-Drug Prices

Thu, 09 Sep 2021 10:23:00 -0000

In Afghanistan, Taliban authorities are allowing 200 Americans and other foreign citizens to fly out of Kabul. A judge rules that Boeing's board must face a shareholder lawsuit related to the 737 MAX. Keith Collins hosts.

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U.S. Stocks Stumble, Ending Day Lower

Wed, 08 Sep 2021 21:02:00 -0000

Federal Reserve's Beige Book report finds U.S. economic recovery slowed this summer. Bitcoin's selloff eases after Tuesday's flash crash. Coinbase shares fall 3.2% on regulators' threat to its planned crypto lending program. Charlie Turner reports.

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Most Gulf Oil Production Remains Offline After Hurricane Ida

Wed, 08 Sep 2021 16:49:00 -0000

Plus: Coinbase says SEC plans enforcement action over crypto lending program. Virginia removes Robert E. Lee statue in Richmond. J.R. Whalen reports.

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Theranos Founder Elizabeth Holmes's Trial Is Set to Begin

Wed, 08 Sep 2021 10:05:00 -0000

PayPal agrees to buy Japanese "buy now, pay later" services provider Paidy. Activist hedge fund Elliott Management has a more than $1 billion stake in software company Citrix Systems. Keith Collins hosts.

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Mixed Day for U.S. Stocks After Long-Weekend Break

Tue, 07 Sep 2021 20:53:00 -0000

New Apple iPhone expected to be unveiled at Sept. 14 event. Toyota to spend $9 billion on electric-car battery plants. Blackstone to buy Chamberlain Group for about $5 billion. Match Group to be included in S&P 500 index. AMC reports record Labor Day weekend admissions. J.R. Whalen reports.

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Taliban Cements Control in Afghanistan With New Government

Tue, 07 Sep 2021 16:00:00 -0000

U.S. working with Taliban on flying out remaining Americans. Intel plans to invest up to $95 billion in European chip-making. Chinese authorities drop case against former Alibaba manager accused of sexual assault. J.R. Whalen reports.

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El Salvador Becomes the First Country to Adopt Bitcoin as Legal Tender

Tue, 07 Sep 2021 10:17:00 -0000

Aerospace contractors Lockheed Martin and Northrop Grumman invest in a spacecraft-refueling startup. One of Boeing's biggest customers, Ireland's Ryanair, walks away from talks for a new 737 MAX order. Keith Collins hosts.

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U.S. Stocks End Mixed After Weak Jobs Report

Fri, 03 Sep 2021 21:19:00 -0000

Investors expect Federal Reserve to hold off on reducing bond purchases. Nasdaq edges up to new record. Federal health officials ask White House to delay start of planned Covid-19 booster campaign. Charlie Turner reports.

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U.S. Added Sharply Fewer Jobs Than Expected in August

Fri, 03 Sep 2021 15:57:00 -0000

Economy added 235,000 jobs as Delta variant appears to be denting consumer spending growth and confidence. Apple to delay iPhone update that would scan devices for child pornography. Sugar prices soar after Brazil cold snap. J.R. Whalen reports.

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President Biden to Visit Louisiana to Survey Hurricane Ida Damage

Fri, 03 Sep 2021 10:24:00 -0000

In the Northeast U.S., which was hit by the remnants of Ida, the death toll rose to at least 45 people. Japanese Prime Minister Yoshihide Suga decides to step down. Walmart raises its minimum wage to $12 an hour. The U.S. Labor Department is set to report August jobs numbers today. Keith Collins hosts.

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U.S. Stocks Rise on Falling Jobless Claims

Thu, 02 Sep 2021 21:27:00 -0000

Spotify's stock jumps after Apple loosens payment restrictions on media apps. FDA weighs authorizing a lower dose for Moderna's booster shot. Ford and General Motors will further cut back production due to the chip shortage. Charlie Turner reports.

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Ida Floods Kill at Least Eight in New York, New Jersey

Thu, 02 Sep 2021 15:33:00 -0000

New weekly U.S. unemployment claims fall to pandemic low of 340,000. Facebook's WhatsApp fined for EU privacy violations. Grocers prepare for possible snack shortages as Mondelez workers strike. Charlie Turner reports.

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Supreme Court Rejects Request to Block New Texas Abortion Law

Thu, 02 Sep 2021 10:39:00 -0000

New York City declares a state of emergency as the region is hit by the remnants of Hurricane Ida. OxyContin maker Purdue Pharma wins court approval for a bankruptcy plan shielding the company's owners from opioid-epidemic lawsuits. Keith Collins hosts.

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Nasdaq Hits New High; Dow Falls Slightly

Wed, 01 Sep 2021 21:03:00 -0000

U.S. stocks continue a calm stretch. Amazon seeks to hire 55,000 for corporate, tech roles. Apple to add driver's licenses to Apple Wallet. Charlie Turner reports.

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Texas Abortion Law Takes Effect Pending Supreme Court Action

Wed, 01 Sep 2021 16:16:00 -0000

Plus: Search and rescue efforts underway following U.S. Navy helicopter crash near San Diego. WSJ analysis finds states that cut enhanced unemployment benefits saw limited impact on job growth. J.R. Whalen reports.

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White House to Unveil Steps for Easing Housing-Supply Shortage

Wed, 01 Sep 2021 09:57:00 -0000

The Social Security program's financial health was dealt a blow by the pandemic. Walmart plans to hire 20,000 supply-chain workers ahead of the holidays. Keith Collins hosts.

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U.S. Stocks Edge Lower But Still Post Monthly Gains

Tue, 31 Aug 2021 21:12:00 -0000

Plus: South Korea set to require Google and Apple to open their app stores to alternative payment systems. Zoom's shares tumble on lower-than-expected earnings guidance. Fidelity plans to hire 9,000 people this year. Charlie Turner reports.

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U.S. Home Prices Grew at Record Pace in June

Tue, 31 Aug 2021 16:09:00 -0000

House rents pop amid increasing demand from people who can't afford to buy homes. Jury selection begins today in criminal fraud trial of Theranos founder Elizabeth Holmes. J.R. Whalen reports.

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Louisiana Assesses Damage From Hurricane Ida

Tue, 31 Aug 2021 10:13:00 -0000

U.S. forces complete their withdrawal from Afghanistan, ending the nearly 20-year war. China's economic recovery suffers a setback amid a new wave of Covid-19 cases. Marc Stewart hosts.

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Airline Stocks Fall as EU Recommends Limiting Travel From U.S.

Mon, 30 Aug 2021 21:01:00 -0000

Dow loses ground, while S&P 500 and Nasdaq set records again. Baxter International, Hill-Rom shares jump on deal talks. Crude oil falls 1% after Hurricane Ida's landfall. J.R. Whalen reports.

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Study Offers Reassurance on Severe Covid Complications in Children

Mon, 30 Aug 2021 15:55:00 -0000

Plus: Aviation regulators weigh additional safeguards for some of United Airlines' Boeing 777s. China limits online videogames to three hours a week for young people. J.R. Whalen reports.

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Hurricane Ida Batters Louisiana, Knocking Out Power

Mon, 30 Aug 2021 09:59:00 -0000

The European Union is set to recommend halting nonessential travel from the U.S. to help fight the spread of Covid-19. The U.S. says it launched a drone strike targeting suspected suicide bombers near Kabul's airport. Medical technology company Baxter is in advanced talks to buy medical equipment maker Hill-Rom for about $10 billion. Keith Collins hosts.

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Powell Comments Spur S&P, Nasdaq to New Records

Fri, 27 Aug 2021 21:09:00 -0000

Plus: ESPN explores sports-betting licensing deal worth at least $3 billion. Peloton predicts slowing growth, says U.S. government has subpoenaed it. VMWare's cloud revenue growth falls short of expectations. J.R. Whalen reports.

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Crowds Return to Kabul Airport Even as U.S. Warns of Further Attacks

Fri, 27 Aug 2021 16:07:00 -0000

Plus: Federal Reserve Chairman Jerome Powell says central bank could start scaling back stimulus this year; U.S. stocks rise after his comments. J.R. Whalen reports.

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China Plans to Ban U.S. IPOs for Data-Heavy Tech Firms

Fri, 27 Aug 2021 10:12:00 -0000

Apple is set to let app developers alert users to alternate payment methods. Southwest Airlines makes cuts to its fall flight schedule. Federal Reserve Chairman Jerome Powell is expected to make a speech at the Kansas City Fed's annual meeting. Marc Stewart hosts.

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Kabul Attack Kills 12 U.S. Service Members, at Least 60 Afghans

Thu, 26 Aug 2021 20:45:00 -0000

Plus: U.S. stocks close lower after several record days. Williams-Sonoma increases quarterly dividend and share buyback program. Autodesk's third-quarter revenue and profit forecasts come in below analysts' estimates. J.R. Whalen reports.

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Explosions at Kabul Airport Hit Crowds Amid Evacuations

Thu, 26 Aug 2021 15:58:00 -0000

At least three U.S. troops injured, multiple Afghans reported killed. Initial U.S. jobless claims rise but hold near pandemic low. Hacker says lax security made it easier to steal data on 50 million T-Mobile customers. J.R. Whalen reports.

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U.S. Authorities Probe Deutsche Bank's DWS Over Sustainability Claims

Thu, 26 Aug 2021 10:12:00 -0000

Western Digital is in advanced talks to merge with Japan's Kioxia in a deal valued at more than $20 billion. Covid-19 hospitalizations in the U.S. have surpassed 100,000 for the first time since January, according to the latest government data. Dollar General and Peloton are among the companies reporting quarterly results today. Marc Stewart hosts.

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U.S. Stocks Edge Higher After S&P 500, Nasdaq Hit Records

Wed, 25 Aug 2021 21:05:00 -0000

Financial stocks gain as investors sell bonds. House deadline for infrastructure bill boosts industrials and materials-related stocks. Western Digital in advanced talks to merge with Kioxia. Salesforce.com sales jump. J.R. Whalen reports.

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J&J Says Covid-19 Booster Shot Prompts Strong Immune Response

Wed, 25 Aug 2021 15:26:00 -0000

Plus: Delta Air Lines to impose $200 monthly surcharge for unvaccinated employees. Treasury Department says only a fraction of pandemic rental assistance has been distributed. J.R. Whalen reports.

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House Passes $3.5 Trillion Budget Blueprint

Wed, 25 Aug 2021 10:07:00 -0000

Goldman Sachs will require Covid-19 vaccinations for employees and visitors entering its offices. The origins of Covid-19 remain unclear, according to a new assessment by U.S. spy agencies. Eyewear maker Warby Parker plans to go public. Marc Stewart hosts.

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S&P, Nasdaq Climb to New Records

Tue, 24 Aug 2021 20:44:00 -0000

U.S. stocks gain for second day after FDA approves Covid-19 vaccine. Rising oil prices propel energy stocks higher. Palo Alto Networks reports better-than-expected revenue growth. Best Buy says sales rose in second quarter. CrowdStrike to be added to Nasdaq 100 Index. J.R. Whalen reports.

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CIA Chief Held Secret Meeting With Senior Taliban Figure in Kabul

Tue, 24 Aug 2021 15:47:00 -0000

Plus: Federal medical panel recommends diabetes screening for overweight adults starting at age 35. Disney strikes deal with union for theme-park workers to be fully vaccinated by Oct. 22. J.R. Whalen reports.

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Boeing Faces Review By Federal Aviation Administration

Tue, 24 Aug 2021 10:01:00 -0000

Chip maker Intel joins a U.S. government program to boost domestic chip production. Walmart is opening up its in-house delivery platform to other businesses so independent contractors can make additional deliveries. President Biden is set to meet virtually with G-7 leaders over Afghanistan. Marc Stewart hosts.

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U.S. Stocks Jump After FDA Approves Covid-19 Vaccine

Mon, 23 Aug 2021 21:06:00 -0000

Nasdaq advances more than 1.5%, Dow and S&P gain less than a percent. Boeing plans investment in Virgin Orbit's $3.2 billion SPAC. Bitcoin tops $50,000 before retreating. J.R. Whalen reports.

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FDA Gives Full Approval to Pfizer-BioNTech Covid-19 Vaccine

Mon, 23 Aug 2021 15:46:00 -0000

Regulators clear shot for people 16 years and older. U.S. stocks open the week higher. Sales of U.S. homes rose 2% in July amid higher inventory. J.R. Whalen reports.

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Pentagon Orders U.S. Airlines to Help With Afghanistan Evacuees

Mon, 23 Aug 2021 10:06:00 -0000

President Biden says his administration may extend the Aug. 31 deadline for withdrawing troops from Afghanistan. At least 21 are dead and dozens missing after flash flooding in Tennessee. Tropical Depression Henri makes landfall in Rhode Island. Existing-home sales data for July is set to be released today. Marc Stewart hosts.

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U.S. Stocks Close Higher But Post Weekly Losses

Fri, 20 Aug 2021 21:53:00 -0000

Oil prices slip more than 2%. Foot Locker reports strong results in women's and kids' footwear departments. T-Mobile now says more than 54 million user records were compromised. Janet Babin reports.

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Business Groups Sue to Stop Healthcare Pricing Transparency Rule

Fri, 20 Aug 2021 15:49:00 -0000

Plus: China passes strict data-privacy law. Iraqi lawmakers call for probe into GE, Siemens electricity contracts. Recently named "Jeopardy!" host Mike Richards steps down. Charlie Turner reports.

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Elon Musk Says Tesla Is Working on a Humanoid Robot Using AI

Fri, 20 Aug 2021 10:10:00 -0000

Johnson & Johnson's CEO is stepping aside and his lieutenant is set to succeed him. An internal U.S. State Department memo last month warned top agency officials of Kabul's potential collapse. Online sports-merchandise retailer Fanatics reorders the world of trading cards. Keith Collins hosts.

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FTC Files New Antitrust Lawsuit Against Facebook

Thu, 19 Aug 2021 21:18:00 -0000

U.S. stocks end mixed after a choppy day of trading. Bath & Body Works' shares jump after earnings beat analysts' expectations. Charlie Turner reports.

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Amazon to Open Retail Locations Akin to Department Stores

Thu, 19 Aug 2021 15:41:00 -0000

Plus: U.S. jobless claims fall to pandemic low of 348,000. Toyota to cut production in Japan amid chip shortage. Some states see record Covid-19 hospitalizations. Charlie Turner reports.

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Alaska Oil Permits Blocked by Federal Judge

Thu, 19 Aug 2021 10:10:00 -0000

President Biden tells nursing homes to vaccinate their staffs against Covid-19, or risk losing Medicare and Medicaid funds. In an exclusive interview with WSJ, Securities and Exchange Commission Chairman Gary Gensler says some new decentralized cryptocurrency finance projects may need regulation. In California, the Caldor Fire explodes in size, forcing the evacuation of thousands of people. Keith Collins hosts.

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U.S. Stocks Fall After Release of Fed Minutes

Wed, 18 Aug 2021 21:25:00 -0000

Fed policy minutes indicate officials are on track to start reversing easy-money policies later this year. Dow, S&P lose more than 1%. Robinhood posts doubling of revenue, big loss in first quarter since going public. Democratic senators call for FTC probe into Tesla's marketing. Charlie Turner reports.

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Covid-19 Booster Shot to Be Offered to Vaccinated Americans

Wed, 18 Aug 2021 15:38:00 -0000

Doctors turn to antibody drugs amid surge of Covid cases. T-Mobile says hackers stole information on more than 40 million people. Target sales jump 8.9%. Charlie Turner reports.

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PG&E Shuts Off Power to Some in California to Reduce Wildfire Risk

Wed, 18 Aug 2021 10:04:00 -0000

The U.S. extends the mask mandate for passengers on commercial flights and other modes of transportation through Jan. 18. The Biden administration is expected today to call for a Covid-19 booster shot for many Americans. The U.S. recently halted dollar shipments to Afghanistan to keep cash out the Taliban's hands. Robinhood and Target are among the companies reporting earnings today. Keith Collins hosts.

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U.S. Stocks Pull Back After Weak Retail Sales Report

Tue, 17 Aug 2021 20:57:00 -0000

Shares of retailers and other cyclical companies decline. Nasdaq sheds nearly 1%. Shares of Pfizer and Moderna rise sharply. Biden administration expected to call for Covid-19 booster shots. Charlie Turner reports.

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Thousands Remain Stranded as Taliban Consolidate Control in Kabul

Tue, 17 Aug 2021 15:36:00 -0000

Plus: U.S. retail sales fell 1.1% in July as spending fell across categories. Walmart reports rise in sales as shoppers return to stores despite Delta surge. Charlie Turner reports.

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Biden Administration Expected to Call for Covid-19 Booster Shots

Tue, 17 Aug 2021 10:09:00 -0000

President Biden orders the allocation of up to $500 million in emergency funds to help Afghan refugees. German media company Axel Springer is in talks to buy an ownership stake in Washington D.C. publisher Politico. The U.S. declares the first-ever shortage of water on the Colorado River, causing cutbacks in several Southwestern states. Keith Collins hosts.

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Dow, S&P Hit New Records Despite China Worries

Mon, 16 Aug 2021 21:46:00 -0000

Investors shake off concerns about an economic slowdown in China. Oil prices fall sharply. Pfizer and BioNTech seek FDA approval for Covid-19 booster shot for the general public. Charlie Turner reports.

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U.S. Sending More Troops to Restore Order at Kabul Airport

Mon, 16 Aug 2021 16:24:00 -0000

President Biden to deliver remarks on Afghanistan this afternoon. U.S. auto-safety regulators investigate Tesla's advanced driver-assistance system Autopilot. Federal Reserve policymakers near agreement to begin scaling back easy-money policies. Charlie Turner reports.

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Three Killed at Kabul Airport as Afghans Race to Escape Taliban

Mon, 16 Aug 2021 10:05:00 -0000

Thousands of Afghans have converged on the capital city's airport in hopes of getting a flight out after the Taliban takeover on Sunday. The death toll from the earthquake in Haiti rose to almost 1,300. China's economy slowed more than expected in July. U.S. House Speaker Nancy Pelosi looks at advancing both a $1 trillion infrastructure package and a $3.5 trillion budget blueprint. Keith Collins hosts.

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U.S. Stocks Inch Higher as Strong Earnings Reports Keep Rolling In

Fri, 13 Aug 2021 21:10:00 -0000

Dow, S&P end week with gains, but Nasdaq notches small weekly loss. Small-business confidence falls to lowest level since early spring amid rise of Delta Covid-19 variant. Charlie Turner reports.

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Child Tax Credit Payments Go Out to More Households

Fri, 13 Aug 2021 16:03:00 -0000

Plus: U.S. consumer sentiment drops on concerns about Delta variant. More job postings require Covid-19 vaccination. J.R. Whalen reports.

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FDA Clears Covid-19 Boosters for Some With Weak Immune Systems

Fri, 13 Aug 2021 10:22:00 -0000

The next launch of Boeing's Starliner space capsule could face a delay of several months. U.S. troops are sent to help evacuate some embassy personnel from Afghanistan while the Taliban seizes more cities as the group's forces advance toward the capital city of Kabul. Keith Collins hosts.

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