Investors Look to Jackson Hole for Fed Policy Cues

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 25 August 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Aug. 25. Stock markets are on edge ahead of Fed Chair Jerome Powell's speech at the central bank’s annual retreat in Jackson Hole today. WSJ editor Matthew Thomas explains why precarious signals from the U.S. economy have investors nervous. Plus, Donald Trump shakes up his legal team as he surrenders in Georgia. And Saudi Arabia weighs a bid from China to help boost its quest for nuclear power. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hurricanes can be devastating and deadly, so how can we make better predictions to save
0:06.4	more lives?
0:07.4	Now, researchers are using drones that sail right into the storm.
0:11.9	Find out more on the future of everything podcast from the Wall Street Journal.
0:16.7	Trump surrenders in Georgia on charges he tried to overturn the 2020 election.
0:25.6	Plus, markets are on edge ahead of Jerome Powell's Jackson Hole speech.
0:47.4	And we work as creditors back a bankruptcy filing to help it cover rent.
0:53.0	This Friday, August 25, I'm Luke Vargas for the Wall Street Journal, and here is the
0:57.6	AM edition of What's News, the top headlines and business stories moving your world today.
1:08.4	We begin in Georgia, where a mugshot of former President Donald Trump has been released
1:13.3	after he surrendered at the Fulton County Jail yesterday evening.
1:17.5	Trump was answering charges that he operated a criminal enterprise that sought to overturn
1:22.1	the 2020 election results.
1:24.7	It is the first time that any former US president has stood for a mugshot, and it marks the
1:29.8	fourth time this year that Trump has had to present himself to authorities to face criminal
1:34.3	charges.
1:35.7	Though WSJ reporter Cameron McWerter, who was on site, said the big news actually came
1:40.4	shortly ahead of the booking when Trump AIDS announced a change to his legal team.
1:45.5	The former president had retained a new attorney, Stephen Saddout, replacing a previous attorney
1:51.5	who had been working with him.
1:54.1	It's not clear exactly why he made the replacement, but the new attorney, Mr. Saddout, said vehemently
2:00.6	that he felt the president was innocent of the charges against him, and he would fight
	...

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