Cocaine Trade Hits Record High as Smugglers Go Global
A.M. Edition for May 5. Warren Buffet marks the calendar for his departure from Berkshire Hathaway, announcing his handpicked successor will take the reins next year. Plus, the ‘Trump factor’ propels another left-leaning leader to a surprise election victory, this time in Australia. And WSJ South America bureau chief Juan Forero explains how production advances and long-distance smuggling vessels are transforming the global cocaine trade. Luke Vargas hosts.
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14:14
Goldman Vice Chairman and Former Fed Official Kaplan on Rate-Cut Dilemma
Will the Federal Reserve cut interest rates this year? How is Fed Chair Jerome Powell and central bankers thinking about recent volatility in financial markets? This week, we’re bringing you an episode of WSJ’s Take On the Week, where hosts Telis Demos and Gunjan Banerji talk to the people closest to the hot topics in markets to get incisive analysis on the big trades, key players in finance and business news. Gunjan and Telis talk to Rob Kaplan, vice chairman at Goldman Sachs and former president and CEO of the Federal Reserve Bank of Dallas, about the central bank’s tough task ahead to lower inflation. They also dive into President Trump’s recent remarks about Powell and the Fed independence debate.
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32:49
What’s News in Markets: Nvidia’s China Rival, Tariff Tech Effect, McDonald’s Slips
How do a Chinese company’s AI chip efforts affect Nvidia? And what’s the trade-war takeaway from this week’s tech earnings? Plus, how is economic uncertainty affecting McDonald’s customers? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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5:50
What’s Behind President Trump’s Trade Agenda
P.M. Edition for May 2. President Trump wants to establish near absolute American power over global trade rules, with Trump personally at the center of it all. WSJ reporter Gavin Bade discusses the administration’s strategy—and the risks that come with it. And Harvard's president fights back against Trump’s threat to revoke its tax-exempt status, saying any such move would be "highly illegal." Plus, the U.S. added 177,000 jobs in April despite tariff uncertainty. Chief economics commentator Greg Ip discusses whether such gains can last. Pierre Bienaimé hosts.
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13:53
China, EU Signal Desire to Cool Trade Fight
A.M. Edition for May 2. The EU floats buying more than $50 billion in American goods to address U.S. trade complaints, while China says it’s weighing starting talks with Washington. Plus, at the tail end of busy earnings week, Arete Research's Richard Kramer discusses big tech’s ability to weather prevailing uncertainty. And bettors pour millions into prediction markets to try their hand at guessing who’ll be the next pope. Luke Vargas 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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