WSJ What’s News

A.M. Edition for July 24. Global markets are reckoning with the prospect of prolonged conflict in the Middle East and rising inflation as oil prices roar back – pushing up borrowing costs in the U.S. and Asia. Plus, hotel chain Melia pulls out of Cuba in a blow to the island’s vital tourism sector. And WSJ defense reporter Alistair MacDonald explains how Europe is turning to homegrown defense technologies in an effort to counter U.S. dependence. Luke Vargas hosts.

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P.M. Edition for July 23. The U.S. plans to impose new tariffs on most trade partners, replacing President Trump’s temporary global 10% tariff. Plus, the threat of escalating conflict in the Middle East drove oil prices over $100, and concerns around higher inflation made bond yields surge. WSJ markets reporter Sam Goldfarb discusses how that ripples through the economy. Meanwhile, heavy AI spending from Alphabet and Tesla spooked investors, and the Nasdaq dropped more than 2%. And after IBM issued a rare profit warning last week, the company’s earnings shed more light on what went wrong. We hear from reporter Anissa Gardizy about where its business goes from here, while tech columnist Christopher Mims spoke with IBM CEO Arvind Krishna. Alex Ossola hosts.

Correction: New U.S. tariffs target 60 economies, or more than 80 countries. An earlier version of this podcast incorrectly said the tariffs target 60 countries. (Corrected on July 24.)

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A.M. Edition for July 23. Oil futures are rising again today, after Iran-backed Houthi militants claimed attacks on a pair of Saudi tankers in the Red Sea, and as the U.S. surges special-operations forces to the Middle East. Plus, Alphabet and Tesla shares tumble as the big-spending tech giants turn cash-flow negative. WSJ reporters Meghan Brobowsky and Becky Peterson break down the numbers and what to make of Elon Musk’s most boring earnings call ever. And the FDA investigates a new outbreak of cyclospora. Luke Vargas hosts.

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P.M. Edition for July 22. WSJ special writer Theo Francis explains how startup founders, hedge-fund managers and Silicon Valley insiders are using IRAs to supercharge their wealth. Plus, trade uncertainty comes roaring back. WSJ trade and economic policy reporter Gavin Bade explains the Trump administration’s new front on tariffs. And Journal reporter Sam Federman explains how the New York Mets turned baseball’s highest payroll into its biggest waste of money. Danny Lewis hosts.

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A.M. Edition for July 22. In a landmark agreement, President Trump okays a nuclear deal with Saudi Arabia. WSJ’s Laurence Norman explains why the commercial deal has nuclear proliferation experts concerned and could shift the balance of power in the Middle East. Plus, utilities pledge to limit increases in electricity bills caused by the data-center buildout. And in a real-life cybersecurity nightmare, OpenAI admits that a pair of its models escaped the lab and hacked into another company. Luke Vargas hosts.

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