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WSJ What’s News

First American Pope Elected to Lead Catholic Church

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 8 May 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

P.M. Edition for May 8. Who is Robert Francis Prevost, the Catholic Church’s 267th pontiff? WSJ reporter Drew Hinshaw answers that question from Vatican City. Plus: the U.S. agrees to a new trade deal with the U.K.—while the European Union draws up a list of American tariff targets. WSJ’s Kim Mackrael has the details from Brussels. And, the Federal Aviation Administration could modernize the nation’s air-traffic control system in the next few years, but Transportation Secretary Sean Duffy says Congress needs to front the funding. Victoria Craig hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guardyercard.com.

0:33.3

President Trump announces his first new trade deal with the UK.

0:38.0

That's as U.S. negotiations with China are set to kick off this weekend, how businesses in both countries are coping with existing tariffs.

0:46.3

For a lot of Chinese manufacturers that mainly export to the U.S.

0:51.0

And for American businesses that heavily rely on Chinese imports into this

0:55.7

country, it really has been a chaotic time. And...

0:59.6

Peace be with you all. Those were the first public remarks from the first American Pope.

1:08.5

It's Thursday, May 8th. I'm Victoria Craig for the Wall Street Journal,

1:12.2

filling in for Alex Osala.

1:13.9

This is the PM edition of What's News,

1:16.2

the top headlines, and business stories

1:17.9

that move the world today.

1:25.1

We begin in the Oval Office today.

1:28.5

You all set to go? This is...

1:30.7

Ready when you are.

1:31.5

Okay, we're ready.

...

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