WSJ What’s News

How much did a fight between Elon Musk and President Trump hurt Tesla shares? And why did tariff news lift steelmaker Cleveland-Cliffs? Plus, what types of shoppers are driving Dollar General’s gains? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for June 6. As the dust settles from the blowup between President Trump and billionaire Elon Musk, Republicans choose sides even as some are asking why one of the most consequential alliances in modern American politics had to end this way. We hear from congressional reporter Olivia Beavers and columnist and host of the Bold Names podcast Tim Higgins on how we got here and what it means. Plus, job growth slowed in May, though less than economics expected. WSJ economics reporter Justin Lahart breaks down the numbers. And the Trump administration brings back Kilmar Abrego Garcia, the man wrongfully deported to El Salvador, to face criminal charges in the U.S. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for June 6. After a public falling out between the president and the world’s richest man, the Journal’s Damian Paletta and Caitlin McCabe break down the potential political and financial consequences of their high-stakes breakup. Plus, GOP Senators move to shore up funding for NASA programs threatened by budget cuts. And reporter Laurence Norman discusses his exclusive report that Iran is turning to China as it stocks up on materials for ballistic missiles. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for June 5. President Trump and Elon Musk traded barbs today as ​Trump threatened to eliminate government subsidies and contracts for Musk’s businesses, while the billionaire called the president ungrateful. Plus, the U.S. trade deficit collapsed in April, with a record drop in imports. WSJ reporter Matt Grossman discusses where tariffs fit in, and whether we can expect future data to remain at similar levels. And we exclusively report that Humana, the second-biggest Medicare insurer, has told congressional staffers that it will support moves that would curtail billing practices worth billions in extra payments to the industry. We hear from Journal reporter Christopher Weaver about why the company is making such a move, and how it could affect the broader Medicare business. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for June 5. President Trump is reinstating a controversial immigration policy from his first term, banning travel to the U.S. from a host of countries largely in the Middle East and North Africa. Plus, Dow Jones Newswires economics editor Paul Hannon discusses the tricky needle central bankers will need to thread as inflation concerns spike, even if that’s not yet showing up in the data. And gamers worldwide scramble to get their hands on Nintendo’s new Switch 2 console. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for June 4. Dollar General and Dollar Tree have reported bumper first-quarter earnings. WSJ reporter Suzanne Kapner joins to discuss what that shows about consumers, and about the state of the U.S. economy. Plus, the Congressional Budget Office estimates that President Trump’s tax-and-spending megabill would add $2.4 trillion to the U.S. deficit, as Republican senators are demanding changes that could alter its price tag. We hear from WSJ tax policy reporter Richard Rubin about how the bill might shift. And the Trump administration threatens Columbia University’s accreditation. Alex Ossola hosts. What’s News in Earnings: Retailers Scramble to Respond to Tariffs Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for June 4. President Trump’s tariffs on imported steel and aluminum jumped overnight, leading industry players to warn of price increases and potential shortages. Plus, Journal finance editor Alex Frangos discusses the Federal Reserve’s decision to lift its longstanding cap on Wells Fargo’s assets, imposed as punishment for a fake-accounts scandal. And American Clean Power Association CEO Jason Grumet weighs in on the debate over phasing out clean-energy tax credits that’s dividing some Senate Republicans. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for June 3. As the U.S. debt grows—and with the “big, beautiful” spending bill set to push it even higher—some on Wall Street are warning that the debt level might soon be unsustainable. And, though it’s not the first time we’ve heard such warnings, WSJ investing columnist Spencer Jakab joins to discuss why this time they’re worth listening to. Plus, Elon Musk criticizes President Trump’s tax-and-spending bill, calling it a “disgusting abomination.” And the White House sends a $9.4 billion rescissions package to Congress codifying cuts identified by Musk’s Department of Government Efficiency. WSJ reporter Jasmine Li talks about what the package includes, and the president’s broader goal behind it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for June 3. The OECD is warning the U.S. and global economies are likely to face slowing growth this year and next, amid tariff-related uncertainty and the prospect of higher-for-longer inflation. Plus, chief China correspondent Lingling Wei profiles Beijing’s new trade negotiator and his mandate from Xi Jinping not to cater to Washington. And FEMA scraps its new hurricane plan as storm season kicks off. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for June 2. Taser’s boss topped the highest-paid CEOs list this year, while Elon Musk came in last at $0. But as Musk rejoins the business world after his stint in Washington, WSJ’s Theo Francis discusses how Tesla’s board could figure out how much to pay the world's richest man. Plus, the suspect in the Colorado flamethrower attack has been charged with a federal hate crime. And the Trump Organization, the family’s flagship real-estate firm, has expanded globally since the 2024 election. WSJ reporter Brenna Smith describes those projects and what they involve. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bonus Episode for June 2. President Trump’s tariffs plans pose an enormous challenge for U.S. retailers like Macy’s, Target and Best Buy. Some companies are working to move production out of China, others are negotiating with suppliers or even lifting prices for customers as the trade upheaval scrambles profit forecasts. Investors and analysts also want to know: As tariff turmoil ripples across the U.S. economy, are Americans still shopping? WSJ reporter Suzanne Kapner discusses what companies are saying in earnings reports and analyst calls. Hannah Erin Lang hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy. Boycotting Target: A WSJ Podcast Series Sign up for the WSJ's free Markets A.M. newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for June 2. Beijing points to recent export controls on AI chips and a crackdown on student visas in contending the U.S. broke a tariff reprieve between the two countries. Plus, Poland elects a conservative leader with ties to President Trump, breaking a streak of victories by centrists across Europe. And reporter Vicky Ge Huang joins us from a major bitcoin summit as the crypto industry shows off its newfound sway in Washington. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Modern warfare is a contest of industrial might. China has spent decades assembling an industrial base at an unmatched scale, from shipping to advanced electronics. But although manufacturing power helped the U.S. win World War II, America now would struggle in a production battle. WSJ senior reporter Jon Emont discusses how China's economy fueled that buildup, what it means for China’s economy, and where that leaves the U.S. Alex Ossola hosts. Further Reading: America Let Its Military-Industrial Might Wither. China’s Is Booming. The Fortress That China Built for Its Battle With America Learn more about your ad choices. Visit megaphone.fm/adchoices

What drove Temu’s profit down? And why doesn't Nvidia seem to need China to sell? Plus, how E.l.f. Beauty’s stock got a major glow-up. Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for May 30. President Trump says farewell to Elon Musk as the billionaire returns to the private sector. And American consumers are feeling gloomy about the economy. WSJ reporter Chao Deng says economists chalk that up to the tariff news cycle. Plus, the Supreme Court allows the Trump administration to cancel temporary protections for about 500,000 migrants. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for May 30. Lawyers for the Justice Department and Google prepare to make closing arguments today as a judge weighs how to improve competition in online search. Plus, top U.S. officials say trade negotiations with foreign capitals remain on course, despite a court ruling that President Trump’s sweeping global tariffs were illegal. And WSJ reporter Feliz Solomon explains the situation in Gaza as a new aid distribution system backed by Israel goes into effect. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for May 29. A federal court has temporarily put on hold a ruling that voided President Trump’s tariffs. WSJ trade and economic policy reporter Gavin Bade discusses what this means for the president’s trade agenda and where the administration goes from here. Plus, Jess Bravin discusses the potential role of the Supreme Court. And Meta and Anduril are teaming up to make high-tech VR/AR headsets for the U.S. Army. WSJ technology and national security reporter Heather Somerville weighs in on why this could be an important move for Meta’s business. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for May 29. A U.S. federal trade court has ruled President Trump lacked the authority to impose global tariffs, blocking one of the administration’s boldest assertions of executive power. While stock futures are rallying today, WSJ deputy finance editor Quentin Webb says that decision adds to investor uncertainty over the future of U.S. trade policy. Plus, Elon Musk announces his looming exit from government. And Nvidia’s business booms, even as its CEO critiques U.S. efforts to shut China out of the global chips market. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for May 28. As the Trump administration has threatened to roll back temporary legal protection of immigrant workers, U.S. businesses are preparing for a blow to their workforce. WSJ senior special writer Ruth Simon visited one such company to understand what that might mean for its business. Plus, Elon Musk criticized President Trump’s tax-and-spending bill, saying that it failed to reduce the federal deficit. And Nvidia’s sales soar as demand for artificial intelligence chips surges, even with the company effectively shut out of China. Alex Ossola hosts. WSJ Future of Everything event Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for May 28. In a State Department cable signed by Marco Rubio, the Trump Administration orders embassies and consulates to stop scheduling new student-visa interviews while officials prepare to ramp up social media screening and vetting. Plus, with its armed forces depleted, WSJ’s Matthew Luxmoore describes how Ukraine is turning to TikTok and cash incentives to bring Gen Z into the fight against Russia. And SpaceX loses control of a Starship spacecraft after making it farther than previous test flights. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices