WSJ What’s News

P.M. Edition for May 5. After Iran’s most recent attacks on the United Arab Emirates, the Trump administration is looking the other way. WSJ chief foreign-affairs correspondent Yaroslav Trofimov explains why the U.S. response is worrying its allies. Plus, China is pushing back against U.S. sanctions on Iranian oil. We hear from Journal chief China correspondent Lingling Wei, who writes the WSJ China newsletter, about why China is cracking down. And we’re exclusively reporting that President Trump is pressuring FDA Commissioner Marty Makary to to approve flavored vapes. Alex Ossola hosts.

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Bonus Episode for May 5. Financial results from U.S. oil companies Exxon Mobil, Chevron and ConocoPhillips show how oil companies expect to reap the benefits of a surge in oil prices due to the Iran war. Wall Street Journal oil reporter Collin Eaton discusses why that doesn’t necessarily mean more investment in the oil patch.

Benoît Morenne, who covers the oil-and-gas industry, hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.

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A.M. Edition for May 5. The Trump administration is weighing a new government-review process for AI tools that could pose cybersecurity risks, in response to Anthropic’s powerful Mythos model. Plus, oil prices are slipping even as fresh attacks from Iran risk a further escalation in the war. But those higher fuel prices have already made their mark, pushing some U.S. airline ticket prices up 50%. And older Americans are sitting on $110 trillion of wealth. WSJ reporter Rachel Louise Ensign says they’re also living longer, meaning “the great wealth transfer” isn’t happening anytime soon. Daniel Bach hosts.

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P.M. Edition for May 4. Fighting in the Middle East flared up for the first time in weeks. Senior video and national security correspondent Shelby Holliday discusses what it could mean for the fragile cease-fire in the Iran war. Plus, WSJ’s Liz Young reports on how Amazon is betting on its global supply chain as its next big growth engine. And Journal markets reporter Jack Pitcher explains why there’s a growing appetite for actively managed ETFs–and why that’s benefiting asset managers. Sabrina Siddiqui hosts.

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A.M. Edition for May 4. President Trump announces a new plan for opening the Strait of Hormuz - but traders seem unconvinced, sending oil prices higher. Plus, GameStop makes a massive play for e-commerce giant Ebay. And a Journal investigation reveals why most prediction market bets end in a loss. WSJ’s Neil Mehta details the winners and losers of platforms like Kalshi and Polymarket - and why the odds are worse than a Vegas slot machine. Daniel Bach hosts.

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