President Trump’s deportations, tariffs, federal layoffs and funding suspensions have generated nonstop headlines and frayed confidence, yet left surprisingly little trace on the economy. Hiring, spending and inflation look a lot like they did under Joe Biden. As Trump’s first 100 days draw to a close, Kate Linebaugh and Molly Ball explore the state of the U.S. economy with Chief Economics Commentator Greg Ip and try to understand what might be coming next.
Further Listening:
- Taking Stock of the ‘Sell America’ Trade
- Inside the Harvard vs. Trump Battle
- How Frog Embyros Landed a Scientist in ICE Detention
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25:46
Taking Stock of the ‘Sell America’ Trade
Something strange happened in the US financial system earlier this week: the stock market, the bond market, and the value of the dollar all slumped. This volatility andrecent threats to fire Fed chief Jerome Powell are unnerving foreign investors, who are flocking to a new phenomenon called the Sell America trade. WSJ’s Chelsey Dulaney explains what Sell America means for decades of American finance primacy. Jessica Mendoza hosts.
Further Listening:
-Trump’s Tariffs Force a New Era in Global Trade
-Trump Allies Draft Plans to Rein in the Fed
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20:42
Inside the Harvard vs. Trump Battle
President Donald Trump has been on an escalating campaign to reorder elite higher education. The administration’s Anti-Semitism Task Force has frozen billions of dollars in federal funding after Harvard refused to comply with their demands. WSJ’s Douglas Belkin on the showdown between America’s most prominent university and the U.S. president. Jessica Mendoza hosts.
Further Listening:
- Trump's College Crackdown
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18:45
How Frog Embryos Landed a Scientist in ICE Detention
Earlier this year, Harvard scientist Kseniia Petrova landed at Boston Logan Airport with samples of frog embryos in her luggage. Those samples cost Petrova her visa and kickstarted an asylum claim that landed her in an ICE detention facility in Louisiana. WSJ’s Michelle Hackman explains that Petrova’s case represents an aggressive shift in the Trump administration’s stance towards immigrants with visas. Jessica Mendoza hosts.
Further Listening:
-Trump 2.0: Trade Wars and Deportation Battles
-A New Phase in Trump’s Immigration Fight
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22:29
Pope Francis Has Died. What’s Next for the Catholic Church?
On Monday morning, Pope Francis died at 88. The first South American to hold the office, he was known for his commitment to social and economic justice. WSJ’s Margherita Stancati discusses Francis’ legacy and explains what happens next for the Catholic Church. Jessica Mendoza hosts.
Further Listening:
- The Return of Religious Films to Hollywood
- The Mormon Church's $100 Billion Secret Fund
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The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.
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