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The Journal.

The Journal.

The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Gimlet Media and The Wall Street Journal.


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Without Ventilators, Doctors Face Hard Choices

Facing shortages of critical equipment, medical workers must make life-or-death decisions about who receives care. WSJ's Joe Palazzolo reports from an emergency room that's running short on ventilators, and Chris Weaver explains the plans hospitals are putting in place to decide who gets them. Arthur Caplan, a bioethicist at NYU's School of Medicine, talks about how hospitals think about these difficult choices.
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The Debate Over the Defense Production Act

A Cold War-era law gives the president powers to mobilize private companies to help in emergencies. WSJ's Andrew Restuccia and Stephanie Armour explain why President Trump has been reluctant to put the law to use in the fight against the coronavirus.
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China Is Getting Past Coronavirus. Its Economy Isn't.

After taking extreme measures to fight the coronavirus, China is beginning to open back up for business. WSJ's Lingling Wei and Patrick Barta explain why the country still faces an uphill battle to get its economy moving again.
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The Economic Trade-Offs of Social Distancing

President Trump has raised the possibility of relaxing social distancing guidelines faster than public health experts advise, saying it would help the economy. WSJ's Rebecca Ballhaus and Jon Hilsenrath explain the ongoing debate at the White House and how economists are evaluating the costs of combating the pandemic.
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The $2 Trillion Plan to Help the Economy

Congress is close to passing an unprecedented $2 trillion aid package to offset the economic damage from the coronavirus pandemic. WSJ's Siobhan Hughes explains where all that money is going.
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Why There's No Toilet Paper: Answers to Your Coronavirus Questions

Listeners sent in their questions about the coronavirus pandemic. WSJ's Sharon Terlep and Bourree Lam, and the Mayo Clinic's Dr. Greg Poland answer them.
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The Coronavirus Cash Crisis

As many businesses grind to a halt, they face the prospect of not paying their bills and their workers. The American economy is hitting a serious cash crunch. WSJ's Jon Hilsenrath explains the problem and what the government is doing to try to fix it.
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When Performers Work From Home

While the coronavirus pandemic brings much of the world to a halt, musicians, comedians and entertainers are trying to find ways to get their work out to the world. WSJ's Charles Passy talks about the effects on the industry, and performers Lenny Marcus, Jordan Klepper, Sumire Kudo and Nathan Vickery share their jokes - and their music.
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The Looming Crisis for U.S. Hospitals

As coronavirus cases keep rising, U.S. hospitals are scrambling to prepare. They are trying to avoid the fate of some hospitals in Italy that have been overwhelmed. WSJ's Melanie Evans explains what American hospitals are doing to get ready, and Marcus Walker reports from the epicenter of Italy's outbreak.
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Coronavirus Layoffs Have Begun

The new coronavirus crisis is leading to job cuts in the U.S. WSJ's Eric Morath explains which workers are most vulnerable and what mass layoffs would mean for the economy. We also talk with a contract worker at a convention center and a restaurant owner about how the pandemic is affecting their livelihoods.
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The Economic Uncertainty of Coronavirus

The Wall Street Journal's editor in chief, Matt Murray, explains the economic risks and realities of the coronavirus pandemic.
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The Race to Cure Coronavirus

Pharmaceutical companies are rushing to find drugs that can treat people infected with the coronavirus. WSJ's Joseph Walker explains which treatments are furthest along, and Dr. Andre Kalil, a researcher running one of the drug trials, talks about what's at stake.
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The Oil Price War That Stoked the Market Freefall

As the coronavirus pandemic threatens the economy and sends stocks tumbling, Saudi Arabia's crown prince has added to the turmoil by launching an oil price war. WSJ's Ken Brown takes us inside that decision.
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The Day Coronavirus Became a Pandemic

The World Health Organization has made it official: The new coronavirus is a global pandemic. WSJ's Brianna Abbott, Margherita Stancati, and Ben Cohen explain why the crisis is escalating and how it's rippling through the world.
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Scandal Engulfs One of America's Biggest Unions

The federal government's corruption investigation into the United Auto Workers ensnared its highest-ranking union official last week: a former president. WSJ's Nora Naughton explains what this means for the labor union that represents 400,000 members.
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Why the Markets Tanked on Monday

The stock market plummeted Monday, recording its biggest single-day decline since 2008. WSJ's Geoffrey Rogow on what happened, and Kate Davidson explains how the Trump administration is responding.
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How the U.S. Is Trying to Contain Coronavirus

As the new coronavirus spreads throughout the United States, public health officials have only one tool at their disposal: containment. WSJ's Melanie Grayce West and Betsy McKay explain how these officials are working to keep the epidemic at bay.
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Why So Few CEOs Are Women

Fewer than 6% of CEOs are women. A Wall Street Journal study offers a new explanation for why. WSJ's Vanessa Fuhrmans looks at what keeps women from the chief executive job.
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Will Coronavirus Cause a Recession?

There are fears that the new coronavirus could pose a serious threat to the U.S. economy. WSJ's Jon Hilsenrath looks at whether the global epidemic could cause a recession and explains the signals to pay attention to.
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The Moderates' Super Tuesday Gamble

In a matter of days, the race for the Democratic nomination has narrowed to a contest between Bernie Sanders and Joe Biden. WSJ's Sabrina Siddiqui explains why the field shifted so quickly.
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How Washington State's Coronavirus Outbreak Unfolded

The death toll for the new coronavirus in the U.S. rose to nine today. All of the victims are in Washington state, and the majority are linked to one nursing home. WSJ's Melanie Evans tells the story of how the outbreak unfolded there, and Tom Burton explains the government's response.
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The 'Mystery Man' Tells Us How He Helped Free Rod Blagojevich

Rod Blagojevich's release from federal prison last month culminated a nearly two-year campaign to put his case on President Donald Trump's radar. WSJ's Jess Bravin explains how Mark Vargas, a Republican political consultant, pulled it off.
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What Bernie Sanders's Socialism Means

Bernie Sanders calls himself a democratic socialist, the first time a front-runner for the Democratic presidential nomination has done so. Eliza Collins, who covers Bernie Sanders, and Jon Hilsenrath, who covers economics, explain what that means for Sanders and his rivals.
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Wells Fargo and the Fake-Account Fallout

In 2016, Wells Fargo was slapped with a fine for creating fake accounts for customers. It was only the start of the bank's problems. WSJ's Rachel Louise Ensign explains what happened and what led to a $3 billion settlement last week.
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America Prepares for a Pandemic

The outbreak of new coronavirus cases around the world has led U.S. health officials to warn the disease may spread in the U.S. WSJ's Brianna Abbott explains what may complicate officials' efforts to prepare.
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How Big Pharma Lost Its Swagger

The drug industry has long been one of the most powerful lobbies in Washington, but in recent years it hasn't packed the punch it used to. WSJ's Brody Mullins explains why the pharmaceutical industry's influence has declined.
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Baseball's Biggest Scandal in a Century

An unprecedented cheating scandal involving the Houston Astros has roiled Major League Baseball. WSJ's Jared Diamond explains how the Astros' sign-stealing scheme began and what it means for America's pastime.
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Sold: Victoria's Secret

Victoria's Secret announced yesterday that a private equity firm was buying control of the retailer. The sale caps a long decline for the brand as well as the end of Les Wexner's 57-year run as CEO of its parent company. WSJ's Khadeeja Safdar explains.
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The Boy Scouts' Survival Plan: Bankruptcy

The Boy Scouts of America filed for bankruptcy this week. WSJ's Valerie Bauerlein and Andrew Scurria explain how the organization reached this point, after decades of declining membership and intensifying legal pressure over sex abuse allegations.
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An Economic Superpower on Lockdown

The coronavirus has forced China, the world's second-biggest economy, into lockdown. WSJ's Yoko Kubota explains how that has disrupted businesses around the world, including companies like Disney and Apple.
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How a Kardashian Producer Became a Saudi Deal Maker

Carla DiBello used to be a reality TV producer in Los Angeles. Now, she's riding mega-yachts and attending business meetings with the world's richest people and is a direct conduit to one of the world's most influential investors: The Saudi Sovereign Wealth Fund. WSJ's Justin Scheck details her rise to prominence.
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Bloomberg's Big Money Strategy

Billionaire Michael Bloomberg has hugely outspent all other Democratic presidential candidates. His campaign is focusing its resources on Super Tuesday on March 3. WSJ's Tarini Parti and Michael Howard Saul look at whether his high-spending tactics could work.
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Nike's Vaporfly Is 'Magic.' But Is It Fair?

Runners wearing versions of Nike's Vaporfly shoe have smashed marathon records, leading to questions about whether the shoe offers an unfair advantage. WSJ's Rachel Bachman explains the controversy.
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A Spying Scandal Takes Down a CEO

Credit Suisse's CEO Tidjane Thiam resigned last week in the fallout from revelations the bank was spying on employees. WSJ's Margot Patrick explains the story behind the scandal.
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The Battle Over Your Bed

Casper was a pioneer in selling mattresses online. WSJ's Eliot Brown explains how the competition that Casper kicked off in the mattress-in-a-box space is now challenging the company.
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The Mormon Church's $100 Billion Secret Fund

The Church of Jesus Christ of Latter-day Saints has amassed one of the world's largest investment funds, but few people know it exists. WSJ's Ian Lovett on new details about the fund and the church's plans for it.
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Inside China's Giant Quarantine

China has marshaled its surveillance apparatus to contain the spread of the new coronavirus. WSJ's Shan Li reports from a quarantined hotel in the province where the outbreak started, and Patrick Barta explains how the government has mobilized.
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When Your American Dream Gets Too Crowded

As more and more Americans move south, Lake Wylie, a suburb of Charlotte, has tripled in size. Now, the town is saying no more. WSJ's Valerie Bauerlein explains.
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A Bruising Price War. Three Rivals. One Big Investor.

Money from the same major investor, SoftBank, is fueling a startup battle in Latin America between three of its own companies: Uber, Didi and Rappi. WSJ's Robbie Whelan explains.
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The App That Crashed the Iowa Caucuses

The first results from the Iowa Democratic caucuses were released a day later than expected after a mobile app designed to report tallies had technical issues. WSJ's Eliza Collins and Deepa Seetharaman explain why the app was used in the first place and what went wrong.
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Democrats and Facebook: It's Complicated

Democrats' relationship with Facebook is at an all-time low, just as the 2020 election kicks off in Iowa. WSJ's Deepa Seetharaman explains Democrats' tightrope act of criticizing Facebook while also using it to reach voters.
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The Long-Lost Super Bowl

There's only one tape of Super Bowl I believed to be in existence. Troy Haupt discovered it in his mother's attic. WSJ's Jared Diamond explains why virtually no one has gotten to see it.
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Apple's Cost Cutter

Apple executive Tony Blevins has built a career staring down suppliers and slashing prices to the bone. WSJ's Tripp Mickle explains why, as Apple's iPhone sales slow, that's an increasingly important job.
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Why Your Credit Score Could Drop

The FICO score, one of the most widely used credit scores in America, is about to go through some major revisions. WSJ's AnnaMaria Andriotis explains what the changes are and why the current scores may be out of whack.
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The Last Train Out of Wuhan

China has responded to the spread of a deadly new virus by locking down cities and quarantining tens of millions of people. WSJ's Shan Li reports from the epicenter, and science editor Stefanie Ilgenfritz analyzes China's response to the new coronavirus.
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Who Hacked Jeff Bezos?

Investigators hired by Amazon CEO Jeff Bezos claimed last week that his phone was hacked by Saudi Arabia. WSJ's Justin Scheck and Michael Siconolfi explain the history of leaks of Bezos's texts, and how Bezos and Saudi Crown Prince Mohammed bin Salman became archenemies.
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Vale Ignored Warnings. Then Its Dam Killed Hundreds.

270 people were killed when a dam owned by the mining giant Vale collapsed. After a year-long investigation, WSJ's Samantha Pearson and Luciana Magalhaes explain the negligence and coverup inside one of Brazil's biggest companies.
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The Tug of War Over Tesla

Tesla's stock has been on a tear since late last year, and this week the company's valuation reached $100 billion. Investors who believe in the stock couldn't be happier. But others think the company is overvalued. WSJ's Gunjan Banerji explains the divide.
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Wall Street's Climate Gambit

BlackRock, the biggest money manager in the world, announced that it plans to make sustainability a focus of its investment strategy. WSJ's Geoffrey Rogow explains what the change means.
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The President's Defense

Opening arguments kick off this week in the Senate's impeachment trial. President Trump has assembled a legal team with a lot of star power to defend him. WSJ's Michael Bender introduces us to the team and explains their case.
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