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WSJ What’s News

U.S. Warns Iran Against Major Attack on Israel

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 8 August 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

P.M. Edition for Aug. 8. The U.S. has warned Iran that it could suffer a devastating blow if it were to mount a major attack against Israel. And banking reporter Gina Heeb says a newly declining mortgage rate could provide some relief in the U.S. housing market. Plus, the U.K.’s Competition and Markets Authority is seeking to establish whether Amazon’s investment in AI company Anthropic should be considered a de facto merger that might stifle competition. 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

Mom, Dad, can we work around?

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James, come round.

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0:08.0

He's broken it.

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0:13.9

Need a crowd pleaser?

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Let's watch something with planets.

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A musical.

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cartoons.

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New EE TV lets you search live and on demand all in one place. Search E. E. T.

0:27.0

E. T. V. requires E. E. broadband. Content may vary terms apply.

0:30.0

The Biden administration warns Iran against a major attack on Israel.

0:39.0

And mortgage rates in the US have finally ticked down a notch, but housing supply remains tight.

0:45.3

Inventory is the space to keep an eye on.

0:48.0

That's very much a structural issue that's been of concern.

0:51.3

Even if rates go down, that number needs to continue to go up.

0:55.0

Plus, why Big Tech is opening its wallet wide to bail out struggling AI startups.

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