Trump’s ‘Golden Dome’ Riles Nuclear-Armed Rivals

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 27 May 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

P.M. Edition for May 27. China, Russia and North Korea claim the missile-defense project is driving a dangerous new arms race. WSJ reporter Thomas Grove says an impenetrable shield—though difficult to accomplish—would upend the paradigm of mutually assured destruction. And the GOP tax bill includes a much higher levy on schools’ endowment income. WSJ reporter Juliet Chung discusses how universities are rethinking their investment strategies. Plus, Salesforce strikes a roughly $8 billion deal to buy the data-management software firm Informatica to enhance its AI capabilities. Pierre Bienaimé 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	Americans love using their credit cards, the most secure and hassle-free way to pay.
0:04.0	But DC politicians want to change that with the Durban Marshall Credit Card Bill.
0:08.0	This bill lets corporate megastores pick how your credit card is processed,
0:13.0	allowing them to use untested payment networks that jeopardize your data security and rewards.
0:18.0	Corporate megastores will make more money and you pay the price.
0:22.1	Tell Congress to guard your card because Americans lose when politicians choose. Learn more at
0:28.1	guard your card.com.
0:32.9	U.S. stocks rise sharply after the European Union agrees to fast-track trade talks with Washington.
0:39.9	And President Trump says Vladimir Putin is playing with fire.
0:44.6	Plus, how universities are rethinking their investment strategies to deal with Trump's planned tax hike on endowments.
0:50.6	The reason this proposed tax plan is such a seismic change is because it shifts the perspective
0:59.1	of endowment chiefs to go from being effectively a tax-exempt investor.
1:05.2	You suddenly need to don this hat of being a taxable investor.
1:09.4	It's Tuesday, May 27th.
1:11.3	I'm Pierre Bienname for the Wall Street Journal, filling in for Alex Oslo.
1:15.0	This is the PM edition of What's News, the top headlines and business stories that
1:19.3	moved the world today.
1:25.5	President Trump expressed renewed frustrations with Russian President Vladimir Putin today,
1:30.8	writing on social media, quote,
1:32.6	What Vladimir Putin doesn't realize is that if it weren't for me,
1:36.3	lots of really bad things would have already happened to Russia, and I mean really bad.
1:41.2	He's playing with fire.
	...

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