WSJ What’s News

Voters in California are weighing a one-time tax on billionaires. Meanwhile, states including Maine and Massachusetts have already implemented income taxes on wealthy residents. The idea of levying higher taxes on the rich is catching on across the U.S., but the way the measures work—and how residents feel about them—couldn’t be more different. Host Alex Ossola discusses the efforts to tax the wealthy (and their opposition) with WSJ economics reporter Jeanne Whalen and Journal enterprise reporter Laura Nelson.

Further Reading

Proposed California Billionaire Tax Clears Key Hurdle on Way to Ballot

Rich Californians Are Finding Creative Ways to Get Ahead of the Billionaire Tax

California’s Tax-Weary Billionaires Seek Refuge on Lake Tahoe’s Nevada Shore

Wealth-Tax Fever Is Spreading to Less-Wealthy States

Learn more about your ad choices. Visit megaphone.fm/adchoices

How are markets responding to renewed tensions in the Middle East? And why did Samsung’s blockbuster earnings send shares lower? Plus, why didn’t SpaceX get the Nasdaq-100 boost investors were hoping for? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them.

Sign up for the WSJ's free Markets A.M. newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for July 10. Apple’s lawsuit also names one of OpenAI’s top executives, a former Apple employee. Plus, Israeli intelligence about a possible plot to kill President Trump made U.S. officials concerned about a lack of defensive capabilities on the new Air Force One. The success of films like “Backrooms” and “Obsession” means Hollywood is combing sites like YouTube and Reddit for the next big horror hit. WSJ entertainment reporter Ben Fritz discusses who’s making money from that and what risks there are for film studios. And South Korean chipmaker SK Hynix pops in its U.S. market debut. Alex Ossola hosts.

A 'Mansion Tax' Complicated the Housing Crisis. Could a Federal Bill Fix It?

Sign up for the WSJ's free What's News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for July 10. The South Korean chip-making giant raised more than $26 billion in the largest share sale by a non-U.S. company. Plus, the EU says Meta failed to protect Instagram and Facebook users from harm caused by addictive apps. And WSJ Middle East correspondent Anat Peled details how Israel learned of a new Iranian plot to kill President Trump. Daniel Bach hosts.

Sign up for the WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for July 9. Federal safety officials have linked air-bags with counterfeit parts to at least 10 deaths in the U.S. since 2023. WSJ autos reporter Ryan Felton discusses why fixing the problem is so difficult, and what you can do about it. Plus, the Manhattan high-rise that was at risk of partial collapse earlier this week was one of a growing number of office-to-apartment conversions. We hear from Journal reporter Rebecca Picciotto about why it’s a reality-check moment for developers and investors. And U.S. existing home sales end the crucial spring season on a sour note, with a sharp decrease in June. Alex Ossola hosts.

Sign up for the WSJ's free What's News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices