Alibaba Develops a New AI Chip to Fill Nvidia Void
A.M. Edition for Aug 29. Alibaba’s new chip will be made in China and seeks to offer an alternative to Nvidia’s H20, as local companies work to build up an arsenal of homegrown technology. Plus, President Trump’s trade policy, as well as higher commodity costs, are starting to trickle down to Americans’ wallets, with a number of major U.S. firms saying they are raising prices on household staples. And WSJ columnist James Mackintosh explains why markets aren’t panicking about President Trump’s efforts to remove the Federal Reserve’s Lisa Cook. Azhar Sukri hosts.
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15:20
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15:20
How Chinese Money Launderers Are Moving Billions Through U.S. Banks
P.M. Edition for Aug. 28. The Treasury Department has put out a report about a Chinese money laundering network that has moved billions of dollars through U.S. banks, and how that money is being used to support criminals like Mexican drug cartels. WSJ reporter Dylan Tokar joins to discuss how the network functions, and what the Trump administration is planning to do about it. Plus, Federal Reserve governor Lisa Cook files a lawsuit over President Trump’s attempt to fire her. And starting at midnight tonight, shipments of goods to the U.S. worth $800 or less will be subject to tariffs. We hear from Journal reporter Esther Fung about who will be footing the bill. Alex Ossola hosts.
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14:06
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14:06
Nvidia’s Outlook Comes Under the Microscope
A.M. Edition for Aug 28. Nvidia posts another record quarter, but Journal Heard on the Street columnist Dan Gallagher says its $4 trillion-plus valuation sets an awfully high bar that even strong numbers don’t always meet. Plus, The White House says it has fired the director of the Centers for Disease Control, following clashes with Robert F. Kennedy Jr. over the agency’s guidance on vaccines. And WSJ economics reporter Justin Lahart unpacks new research that shows AI’s effect on job prospects for young Americans. Azhar Sukri hosts.
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11:53
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11:53
Trump’s Move to Fire Fed Governor Sets Up New Legal Test of Presidential Power
P.M. Edition for Aug. 27. Federal Reserve governor Lisa Cook has vowed to fight President Trump’s effort to remove her from her post—a legal challenge likely to end up in front of the Supreme Court. WSJ Supreme Court correspondent Jess Bravin talks about the legal precedents for the president’s moves, and how such a case might be decided. Plus, we have the latest on the shooting at a Catholic school in Minneapolis that left two children dead. And the FBI says that Salt Typhoon, the Beijing-linked yearslong espionage campaign, was much more extensive than investigators had previously understood. WSJ editor Aruna Viswanatha joins to discuss just how huge it really was. Alex Ossola hosts.
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14:41
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14:41
What Trump’s India Tariffs Mean for Global Trade
A.M. Edition for Aug 27. As steep duties on a range of Indian products come into effect, the WSJ’s Tripti Lahiri discusses which sectors will be hit hardest, and how the levies could have ripple effects for other economies. Plus, President Trump weighs quickly announcing a nominee to replace Federal Reserve governor Lisa Cook. And WSJ columnist Jinjoo Lee argues that the renewable energy industry can thrive despite the Trump administration’s subsidy rollbacks. 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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