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Pro-Palestinian protests spread to more U.S. campuses as administrators struggle to respond.

Plus, Donald Trump's allies draw a plan to blunt the independence of the Federal Reserve.

What these Trump advisors are talking about is going back to something we had back in the 1970s

where the president had much more influence over the Fed and could push interest

rates around in ways that they thought were expedient for their political

objectives. And America's tech giants disclose record high capital expenditures as the AI race keeps

heating up.

It's Friday, April 26th.

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News?

The top headlines and business stories moving your world today. We begin with the situation on American campuses as universities crack down on intensifying

pro-Palestinian protests.

Hundreds of people have now been arrested in student demonstrations

since a first campus encampment formed last week at Columbia University

and similar sites have now popped up nationwide.

We will not stop, we will not rest disclose.

Davis.

Free Palestine. That was sound from protest at the University of Minnesota and George Washington University yesterday, as well as a counter-protest at

UCLA. Many student protesters have united around demands that their

universities divest from companies that are doing business with Israel, though thus far most schools

...