Nvidia and other AI-linked stocks lead a broad market retreat. Plus: Caterpillar says it expects to take a bigger hit from tariffs. And we report Kraft Heinz is closing in on a plan to break itself up. Alex Ossola 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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2:18
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2:18
Trump Moves to Cut Billions in Foreign Aid, Bypassing Congress
Plus: U.S. inflation persisted above the Fed’s target in July. President Trump revokes Kamala Harris’s Secret Service protection. Alex Ossola hosts.Sign up for WSJ’s free What’s News newsletter.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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2:41
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2:41
Alibaba Has a New Made-in-China Chip
Plus: The Trump administration’s trade policies are starting to hit Americans’ wallets as a number of retailers raise prices. And, Caterpillar shares dip in offhours trading after the company says tariffs will have a bigger impact on its bottom line than previous estimates. Azhar Sukri hosts.
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3:03
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3:03
S&P Closes at New Record Despite Nvidia Slip
The chipmaker’s stock was down less than 1%. Plus: Spam maker Hormel Foods announces price increases. Katherine Sullivan 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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2:20
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2:20
Fed Governor Lisa Cook Sues President Trump to Stop Him from Firing Her
Plus: The eurozone’s economic outlook fell in August. Russia launches its deadliest attack on Ukraine since Trump’s Alaska summit with Putin. Alex Ossola hosts.Sign up for the WSJ's free What's News newsletter.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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