WSJ What’s News

P.M. Edition for June 3. Many New Yorkers looking to watch the Knicks play in the NBA Finals are finding themselves priced out of Madison Square Garden. We speak to Journal sports reporter Jared Diamond about what’s got prices so high, as well as a few Knicks fans who found it more cost-effective to travel to San Antonio to see their team play the Spurs. Plus, Meta launches artificial intelligence agents for businesses. WSJ tech reporter Meghan Bobrowsky discusses Meta’s enterprise ambitions. And, federal regulators are investigating whether former Congressman George Santos traded illegally on prediction markets. Alex Ossola hosts.

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Plus: Treasury yields rose after ADP reports solid private hiring. And GitLab shares fell after it announced plans to cut 14% of its staff. Danny Lewis 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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A.M. Edition for June 3. Heavy gunfire between U.S. and Iranian forces in the Persian Gulf tests a fragile ceasefire, while the OECD warns of multiple global recessions if the conflict isn’t resolved by next year. Dow Jones economics editor Paul Hannon explains the risks and how the U.S.’ new proposed tariffs on 60 countries would work. And an Iowa farmer pulls off an unexpected upset against a Trump-backed candidate in the state's GOP gubernatorial primary. Luke Vargas hosts.

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P.M. Edition for June 2. President Trump has named Bill Pulte, leader of the Federal Housing Finance Agency, as acting director of national intelligence. WSJ White House reporter Natalie Andrews discusses how Pulte has urged investigations into the president’s perceived enemies and lawmakers’ criticism of his appointment. Plus, the Trump administration is abandoning its $1.8 billion “anti-weaponization” fund after it drew broad condemnation from GOP lawmakers. And, we hear from Jason Zweig, who writes WSJ’s Intelligent Investor column, about how the year of the mega IPO is triggering changes by index providers—the firms that compile market averages like the S&P 500 and the Nasdaq 100–to accommodate these titanic deals. SpaceX, one of those massive IPOs, is eyeing a valuation of around $1.75 trillion. Alex Ossola hosts.

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A.M. Edition for June 2. Google parent Alphabet plans to issue $80 billion in equity this year to pay for its massive spending tied to the AI race. Plus, California voters head to the polls in a closely-watched primary to choose Governor Gavin Newsom’s successor. And WSJ foreign correspondent Stephen Kalin details a new demand by President Trump complicating efforts to negotiate an end to the Iran war: that Arab states establish diplomatic relations with Israel. Luke Vargas hosts.

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