Markets Dive, Schools on Deadline, and Hollywood Slows Down

Headlines From The Times

L.A. Times Studios

News, Daily News, Society & Culture, The Times, California

4.1 • 544 Ratings

🗓️ 4 April 2025

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Trump’s sweeping tariffs send markets into a tailspin—and some fear a recession could be next. Schools across the country are on a 10-day countdown to drop DEI programs or lose billions in funding. In Woodland Hills, a luxury apartment complex is getting an affordable housing makeover. And in Hollywood, soundstages sit eerily empty as production slows and lawmakers scramble to save California’s film industry.

Transcript

Click on a timestamp to play from that location

0:00.0	This is an LA Times Studios podcast.
0:10.0	Hi, I'm Kyra Jondu at LA Times Studios.
0:14.0	Here are some of today's top headlines from the Los Angeles Times.
0:19.0	Markets around the world are tanking after President Trump sweeping new tariffs.
0:23.6	Stan Cho reports the S&P 500 dropped over 4 percent, its worst day since the early pandemic.
0:31.6	Fears of a global recession are rising fast, with inflation projected to climb near 5%. Companies like Best Buy and United
0:40.2	Airlines took major hits. And now investors are worried. These tariffs are hitting everything,
0:45.8	from tech stock to household bills. Even gold fell. But some say this just might be Trump's
0:52.6	opening move to bring manufacturing back to the U.S.
0:56.0	Supporters argue it's part of a bigger economic reset.
1:00.0	The Fed may step in with rate cuts to soften the blow, but for now, markets are shaky.
1:06.0	Prices are up, and the risk of st stackflation is very real.
1:11.6	The Trump administration is cracking down on diversity programs and schools, and billions
1:18.6	in federal funding is on the line.
1:20.6	Howard Bloom reports the U.S. Department of Education just issued a memo demanding states
1:26.6	and school districts certify they have eliminated diversity,
1:30.3	equity, and inclusion efforts, or risk losing critical funds.
1:34.3	California could lose up to $16 billion a year, including money for school meals, special education, and head start programs.
1:43.3	Some officials call this a political move that hurt students, special education, and head stop programs. Some officials call this a political move
1:45.9	that hurt students, while supporters say it's a necessary reset to focus on education basics.
1:52.8	The deadline to comply is just 10 days away.
1:57.3	A luxury apartment complex in LA is about to get a major makeover for affordable housing.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from L.A. Times Studios, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of L.A. Times Studios and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.