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WSJ What’s News

Can the U.S. Find Workers for Its Chip Renaissance?

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 11 April 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

P.M. Edition for April 11. The U.S. is building up its domestic semiconductor industry. But it will need a lot of workers to do it. Chief economics commentator Greg Ip has more. And markets and economics reporter Sam Goldfarb explains why inflation is a stubborn political problem for President Biden. Plus, O.J. Simpson, whose murder trial spurred a national debate over race and criminal justice, has died at the age of 76. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The less your business spends the more margin you keep.

0:03.5

Net Suite by Oracle brings accounting, finance, inventory, and HR into one proven platform,

0:09.5

helping you reduce costs everywhere.

0:12.0

Now through April 15th, Net Suite is offering a one-of-a-kind flexible financing program.

0:17.9

So head to Net Suite.com slash Wall Street right now. Now. Multiple federal agencies are probing Morgan Stanley's wealth arm.

0:30.0

And will domestic incentives attract AI workers to the US?

0:33.6

Subsies aren't enough.

0:34.8

The US has to be a competitive place to do business,

0:37.4

and that involves keeping costs low, you know,

0:39.5

making sure that plans can be built quickly

0:42.0

into very demanding specifications, that the suppliers

0:45.5

arrive here and that the workforce is available. That is a lot of steps of this process to get

0:50.9

right before we can say that this reshorn process will be successful.

0:54.7

Plus O.J Simpson, whose murder trial spurred a national debate over race and criminal justice,

1:00.3

has died at the age of 76. It's Thursday April 11th. I'm Anne Marie Fertoli for the

1:05.6

Wall Street Journal. This is the PM edition of What's News, the top headlines and

1:09.6

business stories that moved the world today. On last night show, we talked about how hotter than anticipated inflation could change the Federal

1:21.0

Reserves plans for interest rate cuts later this year.

1:24.0

As a reminder, the Labor Department said the Consumer Price Index rose 3.5% in March from a year earlier,

1:29.8

and it was not what analysts were expecting.

1:32.1

We also started to get into the political

1:33.6

implications of persistent price pressures and what they mean for President

...

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