P.M. Edition for May 21. In its first quarter earnings reported today, Target’s sales declined more than analysts expected and the company lowered its outlook for fiscal 2025. WSJ reporter Sarah Nassauer discusses the challenges facing Target’s business. Plus, a meeting between President Trump and South African President Cyril Ramaphosa grew tense over Trump’s unsubstantiated claims that white South Africans were the victims of a possible genocide. And a report from the Boston Fed examines potential risks of the rapidly expanding nonbank lending, which is often financed by banks. Platform editor Isaac Taylor breaks down what that means. Alex Ossola hosts.
Boycotting Target: A WSJ Podcast Series
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13:34
Why A Surge in Bond Yields Matters to Trump, Investors and You
A.M. Edition for May 21. House GOP leaders and Republicans from high-tax states appear to be nearing an agreement on state and local tax deductions, as President Trump’s giant tax and spending deal inches toward a vote. Plus, WSJ columnist Jon Sindreu unpacks why recent volatility in the treasury market matters to more than just bond investors. And in the latest electric vehicle pull back, Ford is letting rival Nissan share its flagship U.S. battery plant. Azhar Sukri hosts.
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13:41
Google Adds AI to Its Search, Taking Aim at Chatbot Challengers
P.M. Edition for May 20. Google is adding an AI chatbot feature to its iconic search page, allowing it to more closely rival competitors like ChatGPT. WSJ reporter Katherine Blunt discusses Google’s parent, Alphabet, plans to bet even bigger on artificial intelligence. Plus, despite the fear of an immigration crackdown from the Trump administration, many workers without legal status are still going to work. Paul Kiernan, who covers the U.S. economy for the Journal, joins to talk about why that is, and what it means for industries dependent on migrant labor. And President Trump pressures Republican dissenters in the House to drop their objections to his tax and spending bill which could go on vote as early as tomorrow. Alex Ossola hosts.
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14:15
Big, Beautiful Bill Nears Tense House Vote
A.M. Edition for May 20. Republican leaders plan to meet with President Trump Tuesday morning in order to shore up support for their tax bill, ahead of a potential House vote on Wednesday. Plus, an administration u-turn means construction of a massive wind farm in New York is back on. And WSJ reporter Te-Ping Chen explains how some companies in the trades sector are targeting high-school students to fill staff shortages. Azhar Sukri hosts.
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14:21
House Republicans Face Difficult Trade-Offs to Pass Tax Bill
P.M. Edition for May 19. To meet their self-imposed deadline of Memorial Day, House Republicans are facing a tug of war over spending cuts. Siobhan Hughes, who covers Congress for WSJ, discusses the major points of contention and where the bill goes from here. Plus, President Trump wants the U.S. to be a manufacturing powerhouse, even though hundreds of thousands of manufacturing jobs are currently unfilled. We hear from Journal economics reporter Chao Deng about what makes those jobs less appealing to workers, and what manufacturers are doing to try to woo them. And the U.S. Supreme Court allows the Trump administration to strip Venezuelan migrants of their legal status. Alex Ossola 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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