WSJ Minute Briefing

Investors held out hope for continued peace talks with Iran. Plus: Kering shares fall as it attempts to turnaround luxury brands like Gucci. Katherine Sullivan hosts.

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Plus: Charles Schwab’s quarterly profit jumped 30%. And PepsiCo’s revenue climbed 8.5% after it cut prices on signature snacks. Pierre Bienaimé hosts.

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Plus: Spirit Airlines is at risk of liquidation as its plans to escape bankruptcy collide with surging fuel prices. And the world’s largest contract chip maker, TSMC, posts a nearly 60% jump in quarterly net profit. Luke Vargas hosts. 

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The Nasdaq also hit a new record. Plus: Shares in sneaker company Allbirds skyrocket after announcing a pivot to AI infrastructure. Katherine Sullivan hosts.

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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Plus: The Trump administration is eyeing a head of the CDC after months of upheaval at the health agency. And Bank of America is the latest big lender seeing resilience in the U.S. economy. Pierre Bienaimé hosts.

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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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