WSJ What’s News

House Republicans are gearing up to oppose Trump's ambitious legislation, signaling potential chaos for the president's agenda. Tariff threats loom over Japan as trade discussions reach a critical deadline. The situation in Ukraine intensifies as the U.S. halts key weapon deliveries amidst ongoing attacks from Moscow. Meanwhile, tensions simmer in Gaza, complicating diplomatic negotiations. As legislative disputes unfold, Trump faces challenges on multiple fronts, including legal battles that could reshape his political landscape.

Senate Republicans cleared a big tax and spending bill aimed at President Trump's priorities, but it's headed to the House with a tight deadline. Meanwhile, Jerome Powell from the Federal Reserve noted strong economic activity that could influence monetary policy. Snack brands are adapting by offering smaller packaging sizes, which come with both pros and cons. Plus, tensions are rising between tech giants and creative industries over AI use of copyrighted material, sparking debates about the future of copyright.

Intense Senate debates heat up as lawmakers scramble over a significant megabill. President Trump stirs the pot with threats of new tariffs on Japan, causing ripples in trade negotiations and raising economic stakes. Amid these tensions, Japan faces a political crossroads as elections loom, impacting their automobile exports. On a lighter note, AI innovation takes the spotlight, offering a unique coaching experience that encourages ambitious thinking in a judgment-free environment.

Senators are locked in marathon voting as they rush to pass a major tax and spending bill before the July 4 deadline. Meanwhile, the Trump administration's investigation reveals civil rights violations at Harvard, sparking debates on elite universities and their roles. On the investing front, there's a curious trend towards dividend-paying stocks, which are believed to indicate company stability and attract investors despite longstanding doubts from finance experts. Lastly, Apple's feature delays and Boeing's antitrust hurdles add spice to the business landscape.

The Senate is gearing up for a vote on President Trump’s massive tax-and-spending bill, with lawmakers facing tough decisions on amendments. Meanwhile, the EU is considering U.S. arms purchases as it bolsters its defenses, raising questions about local spending. In other news, Canada’s move to eliminate a tech tax could signify warmer trade relations with Washington. Additionally, the podcast delves into Iran's complex alliances with China, Russia, and North Korea, exploring its military ambitions and the challenges it faces on the global stage.

Horacio Rozanski, CEO of Booz Allen Hamilton, shares insights on how technology is reshaping national defense amidst rising global competition, especially with China. He discusses the rapid evolution of AI in military operations, the significance of deep learning, and edge computing in modern warfare. Rozanski underscores the critical need for the U.S. to lead in AI for national security, while addressing vulnerabilities in AI systems. He believes collaboration between Silicon Valley and the government is essential for future innovation.

Geopolitical tensions have sent Occidental Petroleum shares on a rollercoaster ride. Tesla's recent robotaxi launch created a buzz, impacting its stock positively. Investors celebrated Bumble's cost-cutting measures, signaling confidence in their strategy. The discussion dives into how these factors influenced overall market trends this week. Discover the twists and turns in these stocks and what they mean for the financial landscape!

A recent Supreme Court ruling has restricted judges' power to issue nationwide injunctions, potentially affecting challenges to Trump’s executive orders, particularly around birthright citizenship. In economic news, Trump’s announcement to end trade talks with Canada has caused a dip in U.S. markets. Additionally, the wedding of Jeff Bezos and Lauren Sánchez turns into a lavish three-day celebration in Venice. With legal and economic undercurrents at play, this discussion navigates significant shifts in both arenas.

The U.S. and China have inked a trade deal, focusing on faster deliveries of rare-earth minerals. Exciting trade negotiations are also brewing with the EU, potentially lowering tariffs on U.S. imports. Tensions rise as high tariffs impact Germany's automotive and steel sectors. Meanwhile, retailers are feeling the pinch as young consumers shift their spending habits, opting for budget-friendly choices. The economic landscape is shifting, prompting discussions on future consumer spending trends.

The podcast dives into how the Israel-Iran conflict is reshaping alliances in the Middle East, particularly affecting Saudi Arabia's relationship with Israel. It discusses the impact of a weaker Iran on regional diplomacy and economic ties. There’s also a look at oil companies influencing U.S. environmental policies, showcasing the tug-of-war between sustainability and energy interests. Additionally, it addresses Anna Wintour's resignation from Vogue, marking a significant shift in the fashion industry.