Harvard Hit With $2 Billion Government Funding Freeze
A.M. Edition for April 15. The Trump administration freezes billions in funding for Harvard University, after the school said it would resist demands to change its governance structure over antisemitism concerns. Plus, confusion in Detroit as automakers struggle to claim tariff relief on U.S.-sourced products. And Chinese leader Xi Jinping heads overseas, pitching stability to Asian countries facing high reciprocal tariffs from Washington. WSJ reporter Austin Ramzy explains what Beijing can realistically offer amid broader trade tensions. Luke Vargas hosts.
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13:32
Trump Administration Backs Away From White-Collar Criminal Enforcement
P.M. Edition for April 14. The U.S. administration is backing away from cases involving foreign bribery, public corruption, money laundering and crypto markets. WSJ reporter Dave Michaels says the administration is effectively redefining what business conduct constitutes a crime. And WSJ reporter Peter Grant says Trump’s appetite for tariffs is threatening a post-Covid bounce for the U.S. office space market. Plus, what’s at stake for Meta Platforms—which owns Instagram and WhatsApp—in its antitrust trial brought by the Federal Trade Commission. Pierre Bienaimé hosts.
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13:48
Investors Cheer a Tariff Rollback for the Tech Industry
A.M. Edition for April 14. Global stocks rise after a Friday filing showed that smartphones, computers and other categories of tech products will be exempt from sweeping tariffs imposed earlier this month. WSJ markets reporter Caitlin McCabe surveys how equities are responding. Plus, data news editor Anthony DeBarros breaks down the Journal’s latest survey of economists, which featured an unusual lack of consensus about future U.S. growth prospects. And a Trump official who oversaw the closure of USAID has left the State Department. Luke Vargas hosts.
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13:13
Trump Prompts Rethink of Nuclear-Weapons Deals
Amid doubts about Washington’s commitment to defending its allies, countries in Europe and elsewhere are asking whether America’s nuclear umbrella offers enough protection from Russia and countries looking to build their arsenals, such as North Korea and Iran. WSJ reporter Laurence Norman and Marion Messmer, senior research fellow at Chatham House, discuss what might drive some countries to seek the protection of others or consider building their own nukes. Then, Debak Das, assistant professor at the University of Denver, shares the proliferation risks of a renewed arms race, and what the process of actually building a nuclear program could look like. Luke Vargas hosts.
Further Reading
Trump Prompts European Calls for a Homegrown Nuclear Umbrella
The Bomb Is Back as the Risk of Nuclear War Enters a New Age
Trump’s Embrace of Putin Has Germany Thinking of Nuclear Weapons
Iran Has Enough Highly Enriched Uranium for Six Nuclear Weapons
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Why did banks report higher profit but also warn of a recession risk? And how did President Trump’s tariff announcements affect CarMax? Plus, what caused Delta’s shares to rise? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.
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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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