More Men Are Getting Addicted to Playing the Stock Market

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 20 December 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Dec. 20. For a growing number of men, what started as an interest in meme stocks or crypto has turned into a gambling addiction. WSJ markets reporter Gunjan Banerji went to Gamblers Anonymous meetings to understand more. And U.S. lawmakers are racing to avoid a government shutdown at midnight. Katy Stech Ferek, who covers Congress for The Wall Street Journal, gives us her read from the Hill. Plus, at least two people were killed and more than 60 wounded in an attack at a Christmas market in eastern Germany. You can follow the developing story on wsj.com. 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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0:38.1	Lawmakers are still working on a deal that would prevent a U.S. government shutdown at midnight.
0:43.3	There's a real sense on the hill that this is a taste of what could be the chaos to come under a Trump administration and Congress.
0:53.1	And even though Republicans pledged unity
0:56.1	and said their communication was really well calibrated,
0:59.9	there were some real lessons this week that that might not be the case.
1:04.0	And people who play the stock market are increasingly showing signs of gambling addiction.
1:09.1	Plus, interest rates are going down. So why are mortgage rates
1:12.4	going up? It's Friday, December 20th. I'm Alex Oslo for the Wall Street Journal. This is the PM edition
1:18.7	of What's News, the top headlines and business stories that move the world today.
1:35.5	The clock is ticking for lawmakers to come to an agreement that would avoid a government shutdown starting at midnight tonight.
1:44.3	Congress has been working to pass a bill all week. Congressional leaders on Tuesday reached a bipartisan deal to fund the government through mid-March, but it fell apart after opposition from President-elect Donald Trump and Elon Musk. And then a new slim-down spending plan
1:49.4	from Republicans that was endorsed by Trump failed a House vote last night. House Speaker Mike Johnson
1:54.5	huddled with rank-and-file GOP members today to work on a new plan while also reopening
1:58.9	communications with Democrats who were still angry after the
2:01.8	collapse of the bipartisan deal. The latest discussions among the Republicans focused on holding
2:06.3	separate votes on different portions of the package rather than one catch-all bill.
	...

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