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WSJ Minute Briefing

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1670 Ratings

Overview

The top business headlines from The Wall Street Journal, three times daily. Whether it’s the latest on overseas markets, economic news out of Washington or closing numbers from Wall Street, you'll be in the know in a flash.

610 Episodes

U.S. Stocks Snap Five-Session Winning Streak After Iranian Airstrikes

Plus: Treasury yields rose after ADP reports solid private hiring. And GitLab shares fell after it announced plans to cut 14% of its staff. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 3 June 2026

Meta Launches AI Agents for Businesses

Plus: Macy’s lifts its outlook for the year after strong first-quarter sales. And Ukraine strikes St. Petersburg with drones ahead of a speech at an economics forum there by Russian president Vladimir Putin. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 3 June 2026

U.S. Proposes at Least 10% Tariffs on Trading Partners

Plus: The OECD warns of multiple recessions if the war with Iran continues. And ‘60 Minutes’ correspondent Scott Pelley is fired by CBS News. Luke Vargas hosts.  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 3 June 2026

Stocks Close Higher as Investors Weigh AI Fervor and Mideast Worries

U.S. stocks close at fresh records for their fifth straight session. And Marvell Technology shares jump after Nvidia’s Huang says it could become the next $1 trillion company. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 2 June 2026

Trump Appoints Housing Chief Bill Pulte as Acting National Intelligence Director

Plus: Cleveland Federal Reserve President Beth Hammack says the central bank may need to respond if inflation continues. And Victoria’s Secret stock skyrockets after the retailer posts strong first-quarter sales. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 2 June 2026

Russian Attack on Ukraine Kills at Least 11

Plus: The Trump administration proposes a new 25% tariff on some Brazilian goods. And Google asks for billions to fund its AI buildout. Luke Vargas hosts.  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 2 June 2026

Nvidia’s New Superchip Fuels AI Enthusiasm

Fresh tensions in the Middle East send oil prices higher. Plus: Taylor Morrison stock surges after Berkshire Hathaway agrees to buy the home builder for nearly $7 billion in cash. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 1 June 2026

Anthropic Files to Go Public

Plus: Florida sues OpenAI and Sam Altman, saying the ChatGPT company knowingly released an unsafe product. And Barry Diller’s People Inc. makes a bid for MGM Resorts. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 1 June 2026

Strike Threatens to Stall GM’s Truck Output

Plus: Nvidia unveils a next generation lineup of laptops and desktops designed to run AI agents. And SoftBank leapfrogs Toyota to become Japan's most valuable company on news it will invest more than $50 billion in data centers in France. Luke Vargas hosts.  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 1 June 2026

Oil Suffers Biggest Monthly Drop Since 2020

Prospects for a peace deal with Iran lift U.S. stocks to new records. Plus: Dell shares skyrocket as demand grows for its AI products. Replimune's stock jumps after securing a path to resubmit its advanced melanoma treatment application. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 29 May 2026

Judge Pauses $1.8 Billion ‘Anti-Weaponization’ Fund During Legal Challenge

Plus: the Trump administration wants cars to be at least 50% made in America under a trade pact with Mexico and Canada. And an armed Russian drone crashed into a residential building in Romania, injuring several people. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 29 May 2026

Blue Origin Rocket Explodes on Florida Launchpad

Plus: Dell shares surge nearly 40% higher after the computer hardware maker reports strong AI server growth and a new U.S. military contract. And ABC complies with the FCC’s order to apply for early broadcast license renewals but says the demand is unconstitutional. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 29 May 2026

U.S. Stocks Hit Record as Investors Cling to Hope of U.S.-Iran Deal

Snowflake stock surges as the cloud-software company reports strong earnings and strikes a $6 billion deal with Amazon. Plus: Shares of Hormel Foods, whose brands include Planters, Skippy and Spam, soar amid strong quarterly results. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 28 May 2026

Fed’s Preferred Gauge Shows Inflation Heating Up

Plus: Billionaire Tilman Fertitta has agreed to buy Caesars Entertainment for about $5.7 billion. And a federal regulator has paused its review of a blockbuster railroad merger. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 28 May 2026

Google Worker Charged With Insider Trading on Polymarket

Plus: The Justice Department opens a probe into writer E. Jean Carroll, who accused President Trump of sexual assault and defamation. And Meta rolls out paid subscription plans on its platforms as it hunts for revenue to fund its AI buildout. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 28 May 2026

Oil Drops on Hopes of U.S.-Iran Deal

Stock indexes close at record highs after posting modest gains. Plus: Memory-chip maker Micron gains, while other tech stocks, including Nvidia, AMD and Intel retreat. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 27 May 2026

Lululemon Is Making Peace With Its Founder

Plus: Robinhood adds a new feature to let customers use AI to trade. And a major shareholder of Universal Music Group slams the $65 billion bid from Bill Ackman’s Pershing Square Capital. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an edito Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 27 May 2026

Paxton Wins Texas GOP Primary After Trump Endorsement

Plus: The Trump administration plans to deploy U.S. public health officers to Kenya for a potential Ebola quarantine facility for Americans. And memory-chip makers SK Hynix and Micron Technology have joined the elite group of clubs valued at over $1 trillion. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 27 May 2026

Tech Stocks Rally, Pushing Micron to $1 Trillion Market Cap

Oil rises after a fresh round of strikes in Iran. Plus: Ferrari shares slump as the automaker debuts its first ever electric vehicle. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 26 May 2026

Oil Company BP Removes Chairman Over Governance Issues

Plus: Growth in U.S. home prices slowed slightly in March. And Groupon will lay off up to 400 employees as it seeks to transform into an AI-native company. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 26 May 2026

U.S. Strikes Iranian Targets in Renewed Fighting

Plus: China’s Huawei says it can match cutting-edge Intel semiconductors by 2031 without equipment the U.S. has blocked it from accessing. And Eli Lilly is buying a trio of companies for around $4 billion to grow its infectious diseases business. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 26 May 2026

Investors’ AI Enthusiasm Powers S&P to Longest Weekly Winning Streak Since 2023

Investors remain optimistic despite an uncertain backdrop in the Middle East. Plus: Shares of quantum-computing companies climb further after the Commerce Department announces $2 billion in grants. IMAX shares jump after the WSJ reports sales talks. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 22 May 2026

Kevin Warsh Sworn In as Fed Chair

Plus: A closely watched measure of consumer sentiment fell to a new low this month. And celebrity makeup artist Charlotte Tilbury has played a key role in derailing a multibillion-dollar deal between Estée Lauder and Spanish beauty company Puig. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 22 May 2026

Weight-Loss Drugs Show Surprising Ability to Stall Cancer

Plus: GOP lawmakers pull a vote to limit President Trump’s Iran war powers. And SpaceX postpones the launch of its new Starship rocket. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 22 May 2026

Dow Hits Record High Amid Hopes of Mideast Peace Progress

Plus: Nvidia stock slips despite beating analysts' expectations. And Spotify soars as the music streamer announces a new AI tool that lets users cover and remix songs. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 21 May 2026

Walmart Sales Rise, Helping Offset Higher Fuel Costs

Plus: The Trump administration will award $2 billion in grants to quantum computing firms. And, apartment owners AvalonBay and Equity Residential agree to merge. Alexis Moore hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 21 May 2026

Anthropic’s Explosive Growth Pushes It Into the Black

Plus: Tesla announces the rollout of fully self-driving tech in China. And as the Iran war begins to weigh on global growth, economists fear the slowdown could be worse than the pandemic. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 21 May 2026

Nvidia Beats Estimates With Record First Quarter Sales

Plus: SpaceX files its long-anticipated IPO as investors prepare for what could be the largest debut on record. And AMC Entertainment stock soars after the movie theater chain’s CEO disclosed that he purchased 250,000 additional shares. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 20 May 2026

OpenAI Is Preparing to File for IPO Soon

Plus: Target posts its strongest sales in years. And Meta begins laying off thousands of employees. Alexis Moore hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 20 May 2026

Massie Loses GOP Primary After Trump Attacks

Plus: A global selloff in bonds starts to bring down stock markets. And the world’s largest memory chip maker, Samsung, faces a strike. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 20 May 2026

Bond Selloff Deepens on Inflation Fears

Plus: U.S. stocks retreat after reaching record highs last week. And CoreWeave shares drop after reports that Alphabet and Blackstone plan to create a rival AI cloud company. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 19 May 2026

Home Depot Posts Lower Profit as Homeowners Hold Off on Big Projects

Plus: United Airlines says it expects 53 million travelers this summer—about 3 million more than last year. And Spanish police have arrested Jonathan Andic in connection with the death of his father, the billionaire founder of the fashion chain Mango. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 19 May 2026

Oil Prices Slip on Prospect of Iran Peace Deal

Plus: Google and Blackstone are planning to launch an AI cloud company. And the Long Island Rail strike is called off. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 19 May 2026

Tech Declines Drive Nasdaq, S&P Lower

Plus: As the war in Iran enters its 80th day, investors worry about its threat to the global economy. And Dominion Energy shares jump on news of a possible sale to NextEra Energy. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 18 May 2026

NextEra to Buy Dominion Energy, Making East Coast Utilities Titan

Plus: President Trump drops a lawsuit against the IRS as the Justice Department announces a $1.8 billion fund to compensate people who claim the DOJ victimized them. And U.S. airstrikes in Nigeria kill 20 Islamic State fighters. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 18 May 2026

Long Island Rail Strike Hits Commuters

Plus: The U.S. and China have agreed to establish bilateral boards of trade and investment. And coal is making a comeback as the Iran war continues to choke off energy supplies. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 18 May 2026

30-Year Bond Yield Hits Highest Level Since 2007

Plus: Bond yields interrupt a rally in tech stocks. And oil rises after conflicting messages from President Trump on the Strait of Hormuz. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 15 May 2026

British Borrowing Costs Soar as Starmer Fights to Keep His Job

Plus: Starbucks cuts more corporate jobs and offices. And Bill Ackman’s Pershing Square has taken a new stake in Microsoft. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 15 May 2026

Trump Heads Home Following High-Stakes Xi Summit

Plus: The Supreme Court preserves widespread access to abortion pills. And the head of the CIA visits Havana. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 15 May 2026

Dow Tops 50000 as Investors Stay Focused on AI

Plus: Cerebras stock soars nearly 70% in the biggest IPO of the year. And oil prices edge slightly higher after a day of high-stakes meetings in Beijing between President Trump and Xi Jinping. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 14 May 2026

Honda Sees Its First Annual Loss After Dropping U.S. EV Plans

Plus: The online brokerage Interactive Brokers expands its prediction-markets offerings. And British Prime Minister Keir Starmer is facing growing pressure to step down. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 14 May 2026

Xi’s Taiwan Warning Highlights Summit Tensions

Plus: The Pentagon abruptly cancels a deployment to Poland. And stock markets gain as chipmaker Cerebras Systems becomes the largest U.S. IPO so far this year. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 14 May 2026

Nasdaq Hits New High After Chip Stocks Rebound

Plus: Rising wholesale prices are raising alarms on inflation. And Walmart stock rises after announcing layoffs. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 13 May 2026

U.S. Drug Overdose Deaths Fall to Near Prepandemic Levels

Plus: Vice President JD Vance threatens states’ Medicaid funding if they don’t address fraud. McDonald’s strikes its first naming-rights deal for a professional sports venue in the U.S. And SoftBank’s bet on OpenAI earned it $25 billion in its most recent quarter. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 13 May 2026

Trump Heads to Beijing With U.S. Tech Entourage

Plus: Iran expands its definition of the Strait of Hormuz, signaling Tehran’s intent to widen its grip on the crucial waterway. And Jack Daniel’s parent company Brown-Forman has rejected a $15 billion takeover offer from Sazerac. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 13 May 2026

Nasdaq and S&P Fall on CPI Data

Plus: Tech stocks including Intel and Qualcomm drop sharply, undoing recent gains. And Wendy’s stock surges after reports that investor Nelson Peltz is in talks to take the company private. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 12 May 2026

Inflation Soared to 3.8% in April

Plus: eBay rejects GameStop’s $56 billion takeover proposal. And PayPal reached a $30 million settlement with the Justice Department. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 12 May 2026

Supreme Court Backs Alabama’s Move to Redraw Majority Black District

Plus: OpenAI CEO Sam Altman’s personal investments are coming under scrutiny from Republicans ahead of a planned IPO. And a U.K. political crisis hits the Pound and government bonds. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 12 May 2026

Stocks Edge Higher Amid Chip-Stock Frenzy

Plus: Oil rises as diplomacy efforts stall in the Middle East. And Moderna shares dropped amid news the company is researching vaccines to protect against hantaviruses. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 11 May 2026

FCC Is Trying to Censor Disney, Agency Commissioner Says

Plus: Home sales were flat last month, a blow to the housing industry. And a measure of the labor market rose in April. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcribed - Published: 11 May 2026

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