Korean Citizens Head Home as Trump Threatens More Raids
A.M. Edition for Sept. 8. South Korea’s foreign minister is on his way to Washington D.C. to help bring Korean workers back home following one of the largest workplace immigration raids under President Trump. Plus, WSJ’s Kim Mackrael explains why the EU’s trade truce with the U.S. is threatening to unravel. And, BMW and Mercedes gear up to zoom past Tesla in the EV arms race. Caitlin McCabe hosts.
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12:36
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12:36
Why This Economist Says Government Economic Surveys Can’t Be Replaced
This week we’re bringing you an episode of our podcast WSJ’s Take On the Week, where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance. In this week's episode, Telis is joined by Dana M. Peterson, chief economist and leader of the Economy, Strategy & Finance Center at the Conference Board. They begin with the research group’s August consumer confidence index and whether its results mean we’re in "vibecession.” Then Peterson defends the importance of survey-based data and why revisions are necessary. And Telis asks: Could private data replace government data?
Check out WSJ’s Take On the Week.
Further Reading:
Consumer-Confidence Survey Slips in August
Government Data Is Under Fire, but It Makes the World Go ‘Round
Consumer-Confidence Survey Improved in July
Trump Advisers Consider Changes to How Government Collects Jobs Data
Trump’s BLS Firing Tests Wall Street’s Reliance on Government Data
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What do investors think of Kraft Heinz’s plan to split its business in two? And how is Macy’s turnaround affecting its stock? Plus, Tesla shareholders will be voting on CEO Elon Musk’s potential $1 trillion pay package, so how are they viewing it right now? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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6:03
Hiring Slowdown Spells a Weakening Labor Market
P.M. Edition for Sept. 5. The latest jobs report fell far short of expectations—raising new questions about the strength of the U.S. labor market. WSJ economics reporter Rachel Ensign tells us how the Federal Reserve might respond. Plus, federal agents swept a Georgia Hyundai battery plant, arresting hundreds in an immigration raid. WSJ Korea bureau chief Tim Martin joins to discuss what this means for the future of the South Korean company in the U.S. Finally, Tesla’s board is seeking investor approval for a pay package worth as much as $1 trillion in stock for CEO Elon Musk. WSJ business reporter Theo Francis lays out the details of this potential pay deal. Alex Ossola hosts.
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14:25
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14:25
All Eyes on Today’s U.S. Jobs Data
A.M. Edition for Sept. 5. Analysts expect further weakening in the labor market. As WSJ economics reporter Justin Lahart explains, that’s raising concerns about the U.S. economy stalling out. Plus, tech titans including Mark Zuckerberg, Bill Gates and Tim Cook praise President Trump’s focus on innovation and AI at a White House dinner. And goodbye Department of Defense, as Trump moves to rename the Pentagon. Azhar Sukri 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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