Trump’s Tax and Spending Megabill Goes to House Ahead of July 4 Deadline
P.M. Edition for July 1. After an all-night session of dealmaking, Senate Republicans pushed through the bill, which addresses many of President Trump’s priorities. Now, as WSJ tax policy reporter Richard Rubin tells us, the bill heads to the House, where GOP leaders will have to move quickly to meet their July 4 deadline. Plus, Federal Reserve Chair Jerome Powell said solid economic activity is allowing the Fed to keep its wait-and-see stance. And the companies behind popular snack brands are adding more, smaller packaging sizes. We hear from reporter Jennifer Williams about the upsides and potential downsides of the move. Alex Ossola hosts.
Sign up for the WSJ's free What's News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
13:45
Trump Threatens New Japan Tariffs as Trade Tensions Resurface
A.M. Edition for July 1. Senators debate through the night in a marathon effort to pass the GOP’s megabill. Plus, President Trump threatens new tariffs on Japan as trade negotiations stall. WSJ editor Peter Landers explains why the two countries are seemingly at odds and what’s at stake economically. And how an AI career coach could give you the judgement-free push you might not get from a human. Luke Vargas hosts.
Sign up for the WSJ’s free What’s News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
13:46
Megabill’s Fate Uncertain as Senators Continue Marathon Voting
P.M. Edition for June 30. Senators have spent hours voting on amendments and procedural motions as Republicans race to pass President Trump’s “big, beautiful bill” by their self-imposed July 4 deadline. WSJ tax policy reporter Richard Rubin gives us the latest from the U.S. Capitol. Plus, a Trump administration investigation finds that Harvard University violated students’ civil rights. We hear from Journal higher education reporter Doug Belkin about where the president’s battle against elite U.S. universities stands. And investors love stocks that pay dividends, even though finance professors have long said that dividends don’t matter. But as WSJ investing columnist Spencer Jakab tells us, it’s what people do with the dividends that really makes those investments worthwhile. Alex Ossola hosts.
Sign up for the WSJ's free What's News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
14:02
Senate Battle Looms Over Trump’s Megabill
A.M. Edition for June 30. The Senate is preparing for a vote-a-rama today on the president’s tax-and-spending legislation after it cleared a procedural hurdle over the weekend. WSJ reporter Richard Rubin says hours of voting on amendments to the bill will put an array of lawmakers in the driver’s seat. Read what’s in the legislation here. Plus, the EU mulls buying American arms as it scales up defenses pending, despite calls to spend locally. And stock futures rise as Canada drops a tax on tech companies in a bid to salvage trade talks with Washington. Luke Vargas hosts.
Sign up for the WSJ’s free What’s News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
14:19
Booz Allen CEO on Silicon Valley’s Turn to Defense Tech: ‘We Need Everybody.’
This week we’re bringing you an episode of our podcast Bold Names, where hosts Tim Higgins and Christopher Mims interview leaders of the bold-named companies featured in the pages of The Wall Street Journal. In this episode, Horacio Rozanski says he is obsessed with speed. As the CEO of Booz Allen Hamilton, a company that helps government agencies leverage the latest advances in technology used by the private sector, he has insight into the global race to develop artificial intelligence–especially in the realm of warfare. How does Rozanski see the relationship between the U.S. government and Silicon Valley evolving?
Learn more about your ad choices. Visit megaphone.fm/adchoices
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.
New Zealand