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WSJ What’s News

Extreme Inflation from A to Z: Argentina

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 5 April 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

P.M. Edition for April 5. We begin our series on inflation, starting with Argentina. Young people are getting “delulu” with their spending, buying more now since their pesos will get them less later. What’s Argentina doing about it? Producer Anthony Bansie reports. Plus, U.S. employers hired briskly in March, adding 303,000 jobs to the economy. Reporter Justin Lahart has more. 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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0:28.0

protected if something goes wrong.

0:38.0

The US labor market is still going strong. What's driving all the hiring? Because of the surge in immigration at the southwest border, We have more people coming in and we can grow the

0:47.2

economy faster without having a real crash lower in unemployment and without having inflation really heat up.

0:57.0

And Israel says troops lacked the grounds for a strike that killed seven aid workers.

1:02.0

Plus, why Argentina has one of the worst inflation rates in the world.

1:07.0

It's Friday April 5th.

1:08.0

I'm Anne-Marie Fertulli for the Wall Street Journal.

1:11.0

This is the PM edition of What's News, the top headlines and

1:14.4

business stories that moved the world today.

1:17.0

U.S. employers hired briskly in March. The Labor Department says they added

1:25.0

303,000 jobs to the economy and the unemployment rate slipped a tenth of a

1:29.2

percent from 3.9 to 3.8%.

...

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