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WSJ What’s News

White House Hails Progress on Ukraine Peace Talks

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 24 November 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

A.M. Edition for Nov. 24. After fears from Kyiv and U.S. allies that many of the points in President Trump’s peace plan conformed with key Russian demands, the White House says officials held constructive talks with Ukraine toward ending the war. Plus, markets and stock futures have bounced back, boosted by hopes the Federal Reserve will cut interest rates next month. And ahead of a key budget announcement in Britain this week, WSJ’s U.K. bureau chief David Luhnow outlines the stakes for the Labour government, which is expected to raise taxes and cut spending. Caitlin McCabe 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

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0:29.0

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0:32.7

American and Ukrainian officials tout progress on a peace plan to end the war with Russia following talks

0:39.0

in Geneva. Plus, global stocks start the week on a brighter note as traders increase bets

0:44.9

on a December rate cut. And Brits brace for higher taxes as the UK's labor government prepares

0:51.1

its latest budget. Markets have been getting a little nervous about the demands by Britain for borrowing.

0:57.5

So they're having to tighten their belt.

0:59.7

And if you look at it like a business or a household, their costs are going way up,

1:04.3

but their revenues are not.

1:05.7

So they need to address that.

1:07.2

It's Monday, November 24th.

1:09.0

I'm Caitlin McCabe for the Wall Street Journal.

1:11.5

And here's the AM edition of What's News. The top headlines and business stories moving your world today.

1:18.6

The White House says it has made progress toward ending the war in Ukraine, following what it

1:23.7

called constructive talks with Ukrainian officials. U.S. and Ukrainian representatives met

1:29.2

in Geneva over the weekend to discuss President Trump's proposed 28-point plan to end the war,

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