Two Officials Dissent as Fed Leaves Rates Unchanged
P.M. Edition for July 30. As was widely expected, the Federal Reserve held rates steady for a fifth straight meeting. But in a rare move, two officials disagreed with the decision. WSJ investing columnist Spencer Jakab joins to discuss why, and what the Fed might be paying attention to ahead of its next meeting in September. Plus, President Trump announces new tariff rates for Brazil and India, and says he won’t extend the Aug. 1 deadline for countries to make trade deals with the U.S. And Amazon will pay the New York Times at least $20 million annually to license its content to train artificial intelligence. We hear from WSJ reporter Alexandra Bruell about the significance of that deal. Alex Ossola hosts.
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14:24
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14:24
Tsunami Waves Reach U.S. After Powerful Russia Quake
A.M. Edition for July 30. The magnitude 8.8 earthquake struck Russia’s Pacific coast, triggering tsunami warnings in Hawaii and California. Plus, the Federal Reserve is expected to hold rates steady, but two governors appointed by President Trump are due to vote against Fed Chair Jerome Powell, something that hasn’t happened in more than three decades. Dow Jones Newswires economics editor Paul Hannon explains the significance. And, the Trump administration takes a big swing at toppling a landmark scientific finding on greenhouse-gas emissions. Azhar Sukri hosts.
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14:52
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14:52
Why It’s Taken Until Now for the U.S.’s First Coast-to-Coast Rail Operator
P.M. Edition for July 29. The merger deal between Union Pacific and Norfolk Southern would create a single company controlling coast-to-coast rail shipments for the first time in U.S. history. WSJ reporter Esther Fung discusses why the deal isn’t totally done yet, and why it’s taken this long to get a coast-to-coast rail operator. Plus, JPMorgan Chase is nearing a deal to take over Apple’s credit-card program. We hear from WSJ banking reporter AnnaMaria Andriotis about why the deal would be significant. And as tech companies build more electricity-hungry data centers to power artificial intelligence, utilities want the companies to pay more. Journal reporter Katherine Blunt describes how the dynamic is playing out across the U.S. Alex Ossola hosts.
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13:54
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13:54
Famine Unfolding in Gaza, Experts Say
A.M. Edition for July 29. At least sixteen children under five have died of hunger-related causes since mid-July, according to the UN-supported group the IPC. WSJ correspondent Margherita Stancati says it’s the most dire assessment of conditions in Gaza since the war began. Plus, in Midtown New York a lone gunman has killed four people including a police officer and a Blackstone executive. And, we look at how the Trump administration is looking to borrow 1 trillion dollars with a deluge of new government debt. Azhar Sukri hosts.
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11:44
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11:44
What to Make of the U.S.-EU Deal That Averted Trade War
P.M. Edition for July 28. Business leaders on both sides of the Atlantic welcomed a trade deal between the U.S. and European Union, despite pushback from Europe. WSJ White House economic policy reporter Brian Schwartz discusses how the deal came to be and the reaction from around the world. Plus, workforces are getting smaller and CEOs want everyone to know. WSJ’s Chip Cutter explains why companies are bragging about staff reductions. And is Dubai chocolate the next pumpkin spice? WSJ’s Owen Tucker-Smith talks about the latest food craze and its possible staying power. Sabrina Siddiqui hosts.
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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.
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