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WSJ What’s News

How Pennsylvania’s Fracking Boom Could Dim Biden’s Re-Election Chances

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 8 April 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

P.M. Edition for April 8. Changing industries have shifted party politics in Pennsylvania. Economic churn is pushing voters toward Trump in the Pittsburgh area, potentially overwhelming Democrats’ base of college-educated workers. Reporter and editor Aaron Zitner explains. And JPMorgan Chase CEO Jamie Dimon warns the U.S. could face an interest-rate spike. Plus, Donald Trump says abortion should be left to the states, in a new campaign video. 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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0:00.0

This episode is brought to you by Cracken.

0:03.0

Crippo is like the financial system, but different.

0:06.0

He doesn't care where you come from,

0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

crypto is finance for everyone, everywhere, all the time.

0:17.0

Visit Krakon.com slash see what crypto can be.

0:21.0

To learn more, Don't invest in

0:23.5

unless you're prepared to lose all the money you invest.

0:25.6

This is a high-risk investment and you should not expect to be

0:28.0

protected if something goes wrong.

0:37.8

Jamie Diamond warns the US could face an interest rate spike and some investors think the Fed might not cut rates after all. Stronger growth, stronger inflation,

0:42.2

it's kind of tough to cut interest rates a lot in that kind of environment.

0:46.0

And what Pennsylvania, the nation's largest swing state, can tell us about 2024?

0:51.0

Plus, Trump says abortion should be up to the states.

0:55.0

It's Monday, April 8th.

0:56.5

I'm Anne Marie Fertoli for the Wall Street Journal.

0:58.9

This is the PM edition of What's News,

1:01.2

the top headlines and business stories that moved the world today?

1:04.6

J.P. Morgan Chase CEO Jamie Diamond warned that interest rates could soar to 8% or more in the coming years.

1:15.0

In his annual letter to shareholders, Diamond cited record high deficit spending, and geopolitical

1:19.6

stress that could throw a wrench into the fight against inflation.

...

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