P.M. Edition for April 24. Chinese officials call for full repeal of levies and dismiss suggestions that trade talks with Washington have begun. WSJ Asia economic reporter Jason Douglas says President Trump’s apparent softening on tariffs against China strengthens Chinese leaders’ resolve that he will eventually cave if they wait him out. Plus, U.S. home sales fell 5.9% in March, their biggest drop since 2022. WSJ reporter Nicole Friedman joins to discuss what’s behind the fall that comes at the start of the crucial spring season. And Florida Gov. Ron DeSantis hopes to address a labor shortage with teenage workers. WSJ reporter Tali Arbel discusses how Florida might remove the barriers for teenage workers. Alex Ossola hosts.
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12:56
Russia Launches Major Assault on Kyiv
A.M. Edition for April 24. Moscow has renewed its attacks on Ukraine, after U.S.-mediated peace talks fizzled out. Ukrainian energy minister German Galushchenko describes how Russian strikes have impacted the country’s energy supply and how Ukrainian minerals could play a part in securing future peace. Plus, President Trump takes aim at universities, targeting their funding and accreditation. And new data reveals the richest Americans are wealthier than ever before. Kate Bullivant hosts.
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15:50
Trump Considers Slashing China Tariffs
P.M. Edition for April 23. We exclusively report that President Trump is considering cutting steep tariffs on Chinese imports, a move that could de-escalate the trade war. WSJ chief China correspondent Lingling Wei tells us what that means for the broader relationship between the U.S. and China. Plus, not even a U-turn on the trade war would erase concerns over erratic economic policy that may make U.S. assets seem riskier to some foreign investors. Heard on the Street columnist Jon Sindreu discusses what a flight of foreign investment could mean for U.S. markets. And as companies prepare for the impact of tariffs, they are already weighing how to pass those additional costs on to consumers. WSJ business reporter Natasha Khan joins the podcast to discuss the art of raising prices. Alex Ossola hosts.
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13:30
Tesla Rises as Musk Signals DOGE Work ‘Mostly Done’
A.M. Edition for April 23. Global markets breathe a sigh of relief as President Trump signals a softer tone on China tariffs and said he isn’t planning to fire Federal Reserve Chair Jerome Powell. Plus, as Elon Musk hints that his work with the Trump administration could be coming to an end, WSJ reporter Stephen Wilmot explains what that could mean for Tesla. And federal contractors offer billions in cost cuts to win over an administration skeptical about their contributions. Luke Vargas hosts.
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13:44
U.S. Stocks Bounce Back on Hopes of Trade War De-Escalation
P.M. Edition for April 22. Major U.S. indexes rose 2.5% or more today as the Trump administration offers fresh hope for de-escalation of the president’s trade war. Plus, Tesla’s net income fell more than 70% in the first quarter as the company struggled with competitive pressure and Elon Musk’s polarizing role. And the International Monetary Fund expects slower growth for the global economy. Economics editor Paul Hannon joins to discuss why the IMF predicts that the U.S. is expected to be hit particularly hard. Alex Ossola hosts.
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