New Orleans Attack Shows Renewed Risk of Terrorism Inside U.S.
Jan 2, 2025
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A recent terror attack in New Orleans, executed by an Army veteran influenced by the Islamic State, highlights a rise in domestic terrorism. Experts discuss the worrying trend of lone wolf attacks amidst global tensions, particularly after the Hamas attack on Israel. The podcast also dives into the U.S. economic outlook for 2025, examining inflation, shifting consumer spending behaviors, and the impact of potential tariffs. Additionally, it covers early market performances and corporate legal news, including Tesla's delivery issues and Apple's settlement.
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Quick takeaways
The New Orleans attack highlights the emerging threat of lone wolf terrorism inspired by extremist ideologies despite the dismantling of larger terror cells.
Economic discussions emphasize the challenges posed by potential tariff implementations under the new Trump administration and their impact on consumer spending and inflation.
Deep dives
Terrorism Risks Resurface
The recent attack in New Orleans, carried out by U.S. Army veteran Shamsadeen Jabbar, underscores a heightened risk of terrorism influenced by Islamic State affiliates within the United States. Investigators determined that Jabbar acted alone and was inspired by extremist ideologies, as indicated by the Islamic State flag displayed on the vehicle used during the attack. This incident reflects a broader concern among experts regarding a potential resurgence of lone wolf attackers, prompted by recent global events, particularly the conflict involving Israel and Hamas. Authorities emphasize that while most terror cells have been dismantled, the ongoing allure of extremist propaganda may encourage individuals to engage in similar violent acts in the future.
Economic Outlook for 2025
As the economy transitions into 2025, discussions revolve around the challenges posed by potential tariff implementations under the new Trump administration. Economists are closely monitoring the implications of these tariffs on consumer spending and inflation, particularly as consumers have shown resilience in their spending habits despite rising prices. The uncertainty of how Trump's policies will affect the economy and the likelihood of price increases are pivotal concerns for both consumers and economic analysts. Additionally, the discussions reveal a trend among younger Americans deterred from traditional life milestones, such as homeownership and family planning, due to economic pressures.
Corporate Struggles and Settlements
In the business sector, notable developments include Tesla’s decline in annual vehicle deliveries, marking the first drop in over a decade, attributed to insufficient sales and the need for promotional strategies. The company faced challenges achieving its sales targets for 2024, despite discount offers and incentives for customers. Meanwhile, Apple has agreed to a $95 million settlement concerning a class action lawsuit over its Siri voice assistant, which allegedly activated unintentionally and compromised user privacy. The settlement includes requirements for Apple to delete pre-2019 Siri recordings and improve user transparency about privacy options.
P.M. Edition for Jan. 2. Experts have been warning about an increase in attacks from people affiliated with Islamic State and lone attackers. WSJ reporter Alan Cullison tells us why, and what is being done about it. And details emerge about the suspects behind the vehicle attacks in New Orleans and Las Vegas. Plus, WSJ White House economic policy reporter Brian Schwartz and economics reporter Rachel Wolfe discuss the challenges the U.S. economy might face in 2025. Alex Ossola hosts.