Jefferies Faces Questions After First Brands’ Collapse
P.M. Edition for Oct. 16. The auto-parts giant First Brands’ bankruptcy leaves investment bank Jefferies in the harsh spotlight of an accounting scandal. Plus, the endowments of American colleges posted their strongest returns in years. And after strong bank earnings this week, Heard on the Street writer Telis Demos discusses what might be missing in their reflection of the health of the economy. Sabrina Siddiqui hosts.
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12:57
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12:57
How The AI Race is Driving an Energy Wild West
A.M. Edition for Oct. 16. President Trump has authorized CIA covert operations in Venezuela, with the president saying land strikes in the country are also possible. Plus, Trump touts Indian Prime Minister Narendra Modi's pledge to pause Russian oil purchases, but WSJ's Tripti Lahiri says that might not be so straightforward. And as tech companies try to race ahead in the AI arms race, WSJ’s Jennifer Hiller details how an archaic U.S. power grid is leading companies to build their own power plants to fuel data centers. Caitlin McCabe hosts.
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14:59
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14:59
Rising Grocery Prices Are Frustrating Americans
P.M. Edition for Oct. 15. The September inflation data might be postponed, but consumers say they are feeling the squeeze of rising grocery prices now. Plus, big U.S. banks say the economy is strong. And WSJ European autos reporter Stephen Wilmot discusses how automakers are reacting as countries around the world roll back their goals for electric vehicles. Alex Ossola hosts.
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11:46
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11:46
Democratic States Band Together to Counter RFK Jr.
A.M. Edition for Oct. 15. Governors from 15 mainly blue states are forming a shadow public-health alliance, in a sign of growing resistance to Robert F. Kennedy Jr.’s agenda. Plus, with the fight against Israel on pause, Hamas launches a violent crackdown on rival militias, seeking to assert its authority in Gaza. The WSJ’s Benoit Faucon explains how the infighting could complicate a peace plan that Israel has conditioned on Hamas disarming. And Beijing plays hardball on trade, in a bet that President Trump will fold before launching new tariffs that would roil markets. Caitlin McCabe hosts.
Want to know how changes to 2026 Medicare plans could affect you? Check out our explainer.
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13:15
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13:15
Why Wall Street Is Firing on All Cylinders
P.M. Edition for Oct. 14. Major banks including Goldman Sachs and JPMorgan Chase exceeded third-quarter profit and revenue forecasts. WSJ banking and finance reporter Alexander Saeedy unpacks the results. Plus, WSJ’s Peter Grant explains why New York City’s office market is outpacing the rest of the country’s. And a youth-led revolt in Madagascar has resulted in a military coup. Sabrina Siddiqui 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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