Has America’s Economy Reached a Tipping Point?

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 9 August 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Aug. 9. As the U.S. teeters between a soft landing and recession, WSJ economy reporter Jon Kamp says the uncertainty is weighing on consumers and businesses of all sizes as they seek to plan their spending. And U.S. intelligence agencies say Iranian research has put the country in a better position to launch a nuclear-weapons program—though it has yet to do so. Plus, why a few presidential candidates are boosting the idea of a U.S. bitcoin reserve. Pierre Bienaimé 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	Mom, Dad, can we work around?
0:03.0	James, come round.
0:04.0	Can we have Tykaw,
0:05.0	Your makeup? We need speakers.
0:07.0	Pastors.
0:08.0	He's broken it.
0:09.0	She's crying.
0:10.0	Where's the football?
0:12.0	Can we watch cartoons?
0:13.9	Need a crowd pleaser?
0:15.0	Let's watch something with planets.
0:16.8	A musical.
0:18.0	cartoons.
0:18.7	The match.
0:19.7	New EE TV lets you search live and on demand all in one place. Search E. E. T.
0:27.0	E. T. V. requires E. E. broadband. Content may vary terms apply.
0:30.0	The U.S. says that Iran is in a better position to launch a nuclear weapons program.
0:38.5	And has the US economy reached a tipping point?
0:42.0	The American economy depends an awful lot. Has the U.S. economy reached a tipping point?
0:42.6	The American economy depends an awful lot on the American consumer.
0:46.6	And so what happens from here also depends on the millions of little decisions
0:51.2	that everyday people make, and as well as the decisions that companies
	...

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