P.M. Edition for July 10. Private-equity firms are using increasingly aggressive recruitment tactics to hire recent college graduates working at big banks. WSJ reporter AnnaMaria Andriotis discusses why the recruits are being wooed away and what banks are doing about it. Plus, investors are down on Google parent Alphabet as it faces threats to its business. Heard on the Street writer Asa Fitch walks us through those challenges and what they mean for the company’s future prospects. And a federal judge issues a new block on the Trump administration’s birthright-citizenship order. Alex Ossola hosts.
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14:16
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14:16
Trump Threatens 50% Tariffs on Brazil
A.M. Edition for July 10. President Trump justifies a new tariff threat on Brazilian goods by citing the country’s ‘witch-hunt’ against former Brazilian president Jair Bolsonaro and legal action taken against U.S. tech firms. WSJ reporter Gavin Bade breaks down the economic and legal significance of the president’s latest trade salvo. Plus, copper prices continue heating up after Trump set an August 1st start date for new 50% duties on the metal. And wary of U.S. security guarantees, the U.K. and France offer to use their nuclear weapons to defend Europe. Luke Vargas hosts.
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12:37
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12:37
What Linda Yaccarino’s Departure Means for X
P.M. Edition for July 9. After about two years at the helm of Elon Musk’s social-media platform, Linda Yaccarino has stepped down as the CEO of X. WSJ advertising editor Suzanne Vranica discusses what that means for X, which recently merged with Musk’s artificial intelligence company xAI. Plus, AI chip maker Nvidia became the world’s first company to hit a $4 trillion valuation, before paring gains this afternoon. And minutes from the Federal Reserve’s June meeting shows that officials are divided about when to resume rate cuts this year. The emerging split comes as President Trump puts pressure on Fed Chair Jerome Powell, even as the president considers candidates for his replacement. We hear from WSJ White House economic policy reporter Brian Schwartz about which candidate seems to be leading the Apprentice-style contest. Alex Ossola hosts.
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13:06
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13:06
Trump Calls Out Putin Over Ukraine
A.M. Edition for July 9. As Russia intensifies its assault on Ukraine, President Trump is losing his patience with Vladimir Putin. Journal correspondent Matthew Luxmoore says the president is now considering sending an additional patriot missile system to Kyiv. Plus, the Trump administration is moving to ban Chinese buyers from purchasing U.S. farmland over national security concerns. And interest groups are spending big on television advertising in West Palm Beach, Florida in a bid to capture President Trump’s attention. Luke Vargas hosts.
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15:11
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15:11
Copper Prices Hit Record High as Trump Unveils 50% Tariffs
P.M. Edition for July 8. During a cabinet meeting today, President Trump announced a 50% tariff on copper and threatened the European Union with steep tariffs if it doesn't reach a trade deal with the U.S. WSJ reporter Kim Mackrael says the EU’s member states are split as to how to handle Trump’s demands. Plus, the Supreme Court has lifted a halt on President Trump’s plan to shrink the federal workforce, clearing the way for potential mass layoffs of federal workers. And New York City real-estate executives are fighting to block Democratic mayoral nominee Zohran Mamdani from winning the general election in November. Reporter Rebecca Picciotto explains why they’re switching their support (and money) from former Gov. Andrew Cuomo to incumbent Eric Adams. Alex Ossola hosts.
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