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WSJ What’s News

Knicks Fans Priced Out of MSG Head to Texas for NBA Finals

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 3 June 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

P.M. Edition for June 3. Many New Yorkers looking to watch the Knicks play in the NBA Finals are finding themselves priced out of Madison Square Garden. We speak to Journal sports reporter Jared Diamond about what’s got prices so high, as well as a few Knicks fans who found it more cost-effective to travel to San Antonio to see their team play the Spurs. Plus, Meta launches artificial intelligence agents for businesses. WSJ tech reporter Meghan Bobrowsky discusses Meta’s enterprise ambitions. And, federal regulators are investigating whether former Congressman George Santos traded illegally on prediction markets. 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

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Based on average new for sale and rental listings July 24 through June 2025.

0:29.6

Number one trusted based on August 2025 proprietary survey among real estate professionals.

0:37.3

Meta starts courting business customers with its new AI agents.

0:42.6

Meta is a consumer ads business, and this is really them saying, we're going after the enterprise business.

0:43.9

Plus, federal regulators are investigating whether former Congressman George Santos traded

0:48.4

illegally on prediction markets.

0:50.6

And the NBA finals tip off tonight, but high ticket prices have spurred some Nix fans to see their

0:56.6

team far from home. It's Wednesday, June 3rd. I'm Alex O'Sullough for the Wall Street Journal.

1:02.4

This is the PM edition of What's News, the top headlines and business stories that move the

1:07.4

world today. We're looking today at some retail earnings.

1:12.5

Macy's has raised its outlook for the year after its sales for the most recent quarter

1:16.5

rose 1.8%. A key retail metric, same store sales, rose 3%. To talk about what's driving

1:23.4

this growth, I'm joined now by Suzanne Kappner, who covers retail for the journal.

1:27.7

Suzanne Macy's is in the middle of this turnaround plan under its CEO, Tony Spring.

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