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WSJ What’s News

Fraudsters Stole Billions in Jobless Benefits. They Might Get Away With It

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 16 January 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

P.M. Edition for Jan. 16. Fraudsters stole billions via government jobless claims during the pandemic. WSJ U.S. economy reporter Paul Kiernan tells us why time is running out to prosecute them. And, TikTok’s CEO plans to attend Donald Trump’s inauguration, news that comes days before a ban of the popular video app is set to go into effect. And WSJ health reporter Brianna Abbott talks about a new report that says young women in the U.S. are more at risk for cancer than men. Alex Ossola 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

This episode is sponsored by Northern Trust Wealth Management.

0:03.0

There is more to being a successful entrepreneur than just good business practices.

0:07.0

What is it about an entrepreneur's childhood that helped fuel their entrepreneurial spirit?

0:12.0

What are entrepreneurs doing to cultivate the spirit in their own children and build a legacy beyond their business?

0:17.0

Tune in each month to the Road to Why podcast by the Northern Trust Institute,

0:21.6

where host Eric Chappaya dives deeper with leading entrepreneurs on these topics and more.

0:26.3

Find the Road to Why where you listen to your favorite podcasts.

0:31.8

The ceasefire deal between Israel and Hamas starts to look a bit fragile. And how fraudsters stole billions of taxpayer dollars

0:40.5

and why they might get away with it.

0:42.5

One of the sources I spoke with for the story noted that just the sheer amount of money

0:48.9

that went out the door and into the pockets of organized crime

0:52.5

really kind of funded a generation of criminals.

0:55.5

It's going to be really bad for rule of law and accountability if we just close the door

0:59.7

on these investigations.

1:01.5

Plus, why young women in the U.S. are more at risk for cancer than men.

1:06.3

It's Thursday, January 16th.

1:08.5

I'm Alex O'Sullough for the Wall Street Journal.

1:12.1

This is the PM edition of What's News, the top headlines and business stories that move the world today. We start this

1:18.6

evening in the Middle East. We've been covering the ceasefire deal that would pause the fighting in Gaza

1:23.3

set to start on Sunday. But that fragile agreement already seems to be encountering issues.

1:29.6

The Israeli cabinet has delayed its vote on the deal. Israeli Prime Minister Benjamin Netanyahu

1:34.7

accused Hamas of reneging on parts of the agreement reached during negotiations in Qatar.

...

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