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WSJ Minute Briefing

Consumer Sentiment Falls in March

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 13 March 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

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. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I think the potential of Agenic is to rethink how work gets done overall.

0:05.0

It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

0:11.3

That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI.

0:17.9

Join him later to learn why agents are a game changer for businesses across industries.

0:27.4

Here's your midday brief for Friday, March 13th. I'm Pierre Bienname for the Wall Street Journal.

0:33.3

The U.S. economy grew more slowly than previously reported at the end of last year.

0:42.3

The Commerce Department says GDP in the fourth quarter rose at a 0.7% annual rate.

0:44.5

That's half the pace it shared last month.

0:49.0

The Department says consumer spending and business investment were slower than first reported,

0:52.0

and government spending fell more than previously thought.

0:55.2

As for consumer sentiment, the University of Michigan says it's sliding as the conflict in Iran begins to weigh on the American public. The university's

1:00.7

monthly sentiment index was 55.5 in its preliminary March reading, down roughly a point from February.

1:07.0

The survey's director says that gains in the days before the conflict began were erased

1:11.6

once it did. Adobe's CEO, Shantanuna Ryan, will step down after 18 years in the role. The software

1:18.9

company said he would leave after it finds a new leader for the era of artificial intelligence.

1:24.3

Adobe's shares fell more than 6% this morning, despite the company posting higher

1:28.2

quarterly sales yesterday. Concerns that AI products will replace software tools like Adobe's

1:34.1

have weighed on shares of software companies this year. And U.S. Central Command says all six

1:40.4

crew members aboard a refueling aircraft that went down in Iraq have died.

1:45.2

Another aircraft was involved that landed safely, indicating that there was a collision.

1:50.2

Heads up, an artificial intelligence tool helped us make this episode by creating summaries

1:53.8

that were based on WSJ reporting and then reviewed and adapted by an editor.

...

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