Corporate America Is Picking Up the Tab for Trump’s Tariffs
P.M. Edition for July 25. American corporations have paid much of the additional $55 billion in tariffs that the U.S. has collected this year. WSJ economics reporter Jeanne Whalen explains why these companies are footing the bill, and when we might expect to see those costs passed on to consumers. Plus, earlier this week Columbia University agreed to pay the Trump administration $200 million to restore its federal funding. We hear from WSJ White House reporter Natalie Andrews about how this agreement may provide a blueprint for negotiations with other schools. And banks are getting picky about who they want as credit card customers. WSJ personal economics reporter Imani Moise discusses what kinds of customers they’re looking for, and the impact this higher bar could have on consumers. Alex Ossola hosts.
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13:54
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13:54
U.S. Leaves Cease-Fire Talks, as Starvation Grips Gaza
A.M. Edition for July 25. The latest setback in the Trump administration’s drive to end the war between Israel and Hamas comes amid acute food shortages in Gaza, with the WSJ’s Feliz Solomon saying child hunger is rapidly increasing across the enclave. Plus, a new Wall Street Journal poll finds President Trump’s political standing has been buoyed by voters’ improving views of the economy. And LVMH chief Bernard Arnault is working friendships on both sides of the Atlantic in a bid to avert a trade war - and insulate his luxury empire. Azhar Sukri hosts.
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16:35
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16:35
Trump Visits Fed HQ, Putting Pressure on Powell
P.M. Edition for July 24. President Donald Trump took a rare step visiting the Federal Reserve. The $2.5-billion renovation to its headquarters has gotten renewed attention this month as Trump has ramped up pressure on Federal Reserve Chair Jerome Powell. WSJ White House reporter Meridith McGraw discusses what this might mean for the Fed’s meeting next week. Plus, Walmart has built dozens of artificial intelligence agents to interface with everyone from customers to suppliers. Now the retailer is overhauling its approach; WSJ enterprise technology reporter Isabelle Bousquette explains why. And, for the first time, UnitedHealth Group has confirmed it’s responding to Justice Department probes. Alex Ossola hosts.
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12:27
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12:27
Markets Jump on Hopes of a New E.U. Trade Deal
A.M. Edition for July 24. Japan’s TOPIX hits a new record high and European markets surge on trade optimism. So are 15% tariffs the new benchmark for trade with the U.S.? The WSJ’s Kim Mackrael discusses. Plus, Tesla’s profit plunges as EV sales continue to slip, and Elon Musk urges investors to look to future revenue streams. And Microsoft says human waste could be the key to offsetting the climate impact of its AI data centers. Azhar Sukri hosts.
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14:20
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14:20
President Trump Was Told in May That His Name Is Among Many in the Epstein Files
P.M. Edition for July 23. Attorney General Pam Bondi also told the president that the Justice Department had decided to not release more Jeffrey Epstein documents because of the presence of child pornography and to protect victims. Plus, as President Trump hails the trade deal the U.S. struck with Japan, American automakers have criticized it. WSJ autos reporter Ryan Felton discusses their reasoning, and why the companies’ stocks are rallying anyway. And as the Trump administration pledges to stimulate the use of artificial intelligence in the U.S., companies are already scrambling over the rising popularity of AI search. We hear from WSJ marketing reporter Patrick Coffee about what marketers are doing about it. Alex Ossola hosts.
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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.
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