Russian Fighter Jet Collides With U.S. Drone Over Black Sea

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 14 March 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for March 14. A Russian fighter jet collided with a U.S. drone over the Black Sea, the Pentagon said, in one of the first direct military confrontations between the two nations’ forces since the war began. Plus, while the U.S. job market has recovered millions of jobs lost during the height of the pandemic, pockets of the labor market are still struggling. Economics reporter Harriet Torry joins host Annmarie Fertoli to talk about how the high cost of childcare is keeping many Americans on the sidelines, despite millions of job openings. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The scientists of today are creating the next big thing.
0:04.6	On the Wall Street Journal's future of everything podcast, get an early listen to what tomorrow
0:08.9	has in store.
0:10.8	Find us wherever you get your podcasts.
0:13.9	A Russian jet collides with the US drone over the Black Sea in one of the first direct
0:25.0	military confrontations between the two nations forces since the war in Ukraine began.
0:30.3	Plus, bank turmoil and inflation are complicating the Federal Reserve's calculus.
0:34.8	One thing that makes this different from some past crises is we're in a high inflation
0:41.2	environment right now.
0:43.5	And most of the crises over the past three decades really occurred during a low inflation
0:49.6	environment.
0:50.7	And the high cost of childcare keeps some parents out of the job market.
0:54.8	It's Tuesday, March 14th.
0:56.4	I'm Ann Marie for Toley for the Wall Street Journal.
0:58.9	This is the PM edition of What's News, the top headlines and business stories that moved
1:03.2	the world today.
1:05.9	More developments on our top story these days.
1:17.2	Fall out from the collapse of Silicon Valley bank.
1:20.2	The turmoil in bank stocks, which actually rallied today after steep declines for regional
1:25.0	banks, is adding to the economic data the Federal Reserve is taking into account ahead
1:29.8	of its next policy meeting.
1:31.6	And today we got some other key data for the central bank.
	...

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