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The Journal.

The Journal.

The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal. Get show merch here: https://wsjshop.com/collections/clothing

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Episodes

Can Pepsi Make a Comeback?

After decades of fighting Coca-Cola to be the nation?s favorite soda, Pepsi dropped to third place, after Dr Pepper. Now PepsiCo needs to win back soda drinkers . WSJ?s Laura Cooper reports that after years of focusing on potato chips and energy drinks, the company?s new beverage head Ram Krishnan is trying to refocus PepsiCo on drinks, in part with an agreement to purchase prebiotic soda brand Poppi. Allison Pohle hosts.   Further Listening: - ?It Came out of Nowhere?: The Rise of Dr Pepper  - The Fight to Kick Soda Out of Food Stamps  - PepsiCo?s New Healthy Diet: More Potato Chips and Soda  Sign up for WSJ?s free What?s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-11
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Trump 2.0: Tariff Turnaround

Kate Linebaugh and Molly Ball go behind the scenes of the administration?s tariff pause. We dive deep with WSJ?s Josh Dawsey, exploring the tension in the days after the announcement and what really changed the president?s mind. Plus, your questions! Further Listening: - China Unleashes a Trade War Arsenal  - The Tariff Trade Off: Jobs vs. Higher Prices  - Wall Street Speaks Out Against Tariffs  Sign up for WSJ?s free What?s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-11
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China Unleashes a Trade War Arsenal

In the early days of President Trump?s second term, China was ready to negotiate on trade. Then came Liberation Day. Now China is ready with a trade war arsenal taking aim at U.S. companies. WSJ?s Lingling Wei explains how China is gearing up for an extraordinary conflict with no immediate exits. Kate Linebaugh hosts. Further Listening: - Trump?s Tariffs Force a New Era in Global Trade   - The Trade War With China Is On  Sign up for WSJ?s free What?s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-10
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The Head of the EPA on the Future of the Agency

President Trump has a new vision for the Environmental Protection Agency that significantly rolls back environmental regulations. Kate Linebaugh speaks to the man overseeing that vision? Administrator Lee Zeldin, about his plans and new approach to environmental governance.  Further Listening: - The Fight Over Fluoride  - Hot, Dry and Booming: A Texas Climate Case Study  - Why Microsoft Wants Three Mile Island's Nuclear Power  Sign up for WSJ?s free What?s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-09
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The Tariff Trade Off: Jobs vs. Higher Prices

President Trump is ramping up his long-planned tariff war, promising to restore ?Boomtown USA.? Before the start of the president?s first term, one small town made a bid to revive its manufacturing glory days. After a foreign company came to town, it made some headway. WSJ?s Chao Deng explores the story of Newberry, South Carolina. Further Listening: - Wall Street Speaks Out Against Tariffs  - Trump 2.0: Trade Wars and Deportation Battles  - Trump?s Tariffs Force a New Era in Global Trade  Sign up for WSJ?s free What?s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-08
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Wall Street Speaks Out Against Tariffs

Last week, U.S. stocks lost $6.6 trillion in value during a two-day washout after President Trump announced large tariffs on countries around the world. As markets continue to swing, Wall Street leaders are speaking out, including billionaire investor Bill Ackman and JPMorgan Chase executive Jamie Dimon. Host Kate Linebaugh talks with Gregory Zuckerman about the market chaos and how investors are responding.  Further Listening: -Trump?s Tariffs Force a New Era in Global Trade  -Trump 2.0: Trade Wars and Deportation Battles  Sign up for WSJ?s free What?s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-07
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The Fight Over Fluoride

For decades, the majority of Americans have been drinking tap water with added fluoride to improve oral health. But WSJ?s Kris Maher says that backlash to fluoride is spreading. Nearly 20 communities have halted the practice since October and Utah has now banned adding fluoride to water across the state. This comes after a landmark ruling by a federal judge that the mineral poses an ?unreasonable? risk, and Robert F. Kennedy Jr. has spoken out against it. Ryan Knutson hosts.  Sign up for WSJ?s free What?s News newsletter. Further Listening: -The Fight to Kick Soda Out of Food Stamps   Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-04
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Trump 2.0: Trade Wars and Deportation Battles

Ryan Knutson and Molly Ball unpack the administration?s onslaught of new tariffs and break down what election results in Florida and Wisconsin mean for each party. Plus, they speak with WSJ?s Michelle Hackman about Trump?s aggressive immigration efforts including student deportations. Further Listening: -Trump?s Tariffs Force a New Era in Global Trade  -Trump 2.0: Group Chat Fallout  -Three Federal Workers Hit by DOGE  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-04
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Trump?s Tariffs Force a New Era in Global Trade

Yesterday, in the Rose Garden, President Trump sent out a clear message: the era of globalization is over. Trump announced sweeping tariffs on trillions of dollars of imports. The new duties immediately shook Wall Street and sent stocks plummeting. WSJ?s White House economic policy reporter Brian Schwartz explains how President Trump has wanted this day to happen for decades. And we talk to an American business owner who is deeply worried about what these tariffs mean for his company?s survival. Kate Linebaugh hosts. Sign up for WSJ?s free What?s News newsletter.  Further Listening: - The Trade War With China Is On  - Trump?s Tariff Whiplash   Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-03
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The Fraud Trial That Became JPMorgan's Headache

Charlie Javice sold her financial aid startup Frank to JPMorgan Chase for $175 million. But soon after the ink on the deal was dry, the bank discovered that their new acquisition was not at all what it seemed. WSJ?s Alexander Saeedy explains how a trial about fraud committed against JPMorgan resulted in the bank feeling the heat. Kate Linebaugh hosts.  Sign up for WSJ?s free What?s News newsletter.  Further Listening:  - A $175 Million ?Huge Mistake?  - JP Morgan CEO Jamie Dimon on What?s Next for the Economy  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-02
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He Revived Barbie. Now He?s Turning Around Gap

Gap Inc. was once the king of mall-brand fashion. In recent years though, its Gap, Old Navy, Banana Republic and Athleta chains have been outmaneuvered by discount stores like Target and fast-fashion brands like Zara and Shein. Ryan Knutson speaks with the new CEO Richard Dickson who is translating his previous experience resurrecting the Barbie brand into a new era for the iconic clothing seller.    Further Listening: Rent the Runway?s CEO on How it Survived the Pandemic Shein: Fast Fashion, Slow IPO How Target Got Off Target Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-04-01
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Why Utah Is Regulating Mom Influencers

Last year, a popular Utah influencer with six children went to prison for child abuse. Now the state has put a new law into place to protect the children in these videos. WSJ?s Zusha Elinson on the Ruby Franke scandal and her daughter?s efforts to keep it from happening again. Further Reading: - A Former Child Star Is Taking On the Dark Side of Utah?s Mommy Bloggers  Further Listening: - The Rise of the Tween Shopper  - Readers Can?t Get Enough of BookTok. Publishers Are Cashing In.  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-31
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Inside the Hunt for Putin?s Sleeper Agents

A family of deep-cover Russian spies hiding in the heart of Europe. A Slovenian spycatcher with a daunting mission. After months of reporting, WSJ's Drew Hinshaw and Joe Parkinson unspool the story of the global hunt for Vladimir Putin's sleeper agents, and how it culminated in the biggest game of hostage diplomacy since the Cold War. Further Reading: -The Global Hunt for Putin?s ?Sleeper Agents?  -Inside the Secret Negotiations to Free Evan Gershkovich  Further Listening: -The Historic U.S.-Russia Prisoner Swap  -Inside Russia?s Spy Unit Targeting Americans  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-28
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Trump 2.0: Group Chat Fallout

A journalist was added to a text thread with high-level Trump administration officials revealing plans for the timing and weapons to be used in a military strike against Houthi militants. Administration officials disputed that any classified information about the military operation had been shared. WSJ?s Nancy Youssef joins the chat with Ryan Knutson and Molly Ball to discuss the fallout of the group chat pinged ?round the world.  Further Reading: -An Annotated Analysis of Signal Group Chat With Top Trump Officials  -Hegseth Comes Under Scrutiny for Texting Strike Details as Fallout Grows  -Democrats Are Taking Their Anger Out on Chuck Schumer  Further Listening: -Trump?s Attack on Big Law  -Trump?s College Crackdown  -Trump 2.0: A Showdown with the Judiciary  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-28
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Three Federal Workers Hit by DOGE

President Trump?s unprecedented effort to shrink the federal labor force is impeding work at government sites across the country. Three laid-off federal employees tell their story and WSJ?s Lindsay Ellis reports on the wider impact of the layoffs. Further Listening: - Inside DOGE's Campaign of Secrecy  - Inside USAID as Elon Musk and DOGE Ripped It Apart  Further Reading: - The Collateral Damage of Trump?s Firing Spree  - The Federal Workers Who Are Not Quite Fired, Not Quite Working  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-27
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Trump's Attack on Big Law

The White House is waging a pressure campaign against some of the country?s most prominent law firms. WSJ?s Erin Mulvaney on how the firm Paul, Weiss came to the decision to make a deal with President Trump. Further Reading: -Trump Signs Order Targeting Law Firm Jenner & Block  -Law Firms Scramble to Avoid Being Trump?s Next Target  -Why Law Firm Paul Weiss Pleaded Its Case With Trump, and Not With a Court  Further Listening: -Trump 2.0: A Showdown With the Judiciary  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-26
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Arrivederci, Donatella Versace

After nearly three decades as creative director, Donatella Versace is stepping down from her role at her family?s fashion house. The announcement comes after years of clashes between the designer and the American businessman who acquired her family?s brand. WSJ?s Suzanne Kapner unpacks the drama and discusses what it means for the fashion house.  Further Reading: -Inside the Versace Clash Between Donatella and the ?American Cowboy? CEO  -Donatella Versace to Step Down as Chief Creative Officer of Versace  -The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead Further Listening: -The Resurrection of Abercrombie & Fitch  -Old Navy Tried to Make Sizes for All. It Backfired.  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-25
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Trump's College Crackdown

Columbia University gave in to President Trump?s demands after he revoked roughly $400 million in federal funding. WSJ?s Douglas Belkin explains how the university made its decision, and the impact that may have on campuses across the country. Further Reading:  - Universities Sprint from ?We Will Not Cower? to Appeasing Trump  - Columbia Yields to Trump in Battle Over Federal Funding  Further Listening:  - Pro-Palestinian Protests and Arrests at U.S. Colleges   - The 2024 College Financial Aid Mess  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-24
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The New Hit Depression Treatment? A Ketamine-Derived Nasal Spray

After it was approved in 2019, Spravato, a depression treatment derived from the club drug ketamine, was looking like a dud. But recently it has taken off, and it surpassed $1 billion in annual sales last year for its maker, Johnson and Johnson. Further Listening: -A Lawyer Says He Doesn't Need Help for Psychosis. His Family Disagrees.  -America's Maternal Mental Health Crisis  Further Reading: -J&J?s Ketamine-Derived Drug Is Taking Off  -Big Pharma Walked Away From Mental Health. Why Some Are Coming Back.  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-21
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Trump 2.0: A Showdown With the Judiciary

A battle has been brewing between President Trump and the judicial system as courts delay some of the administration's rapid fire executive orders. WSJ?s Jess Bravin joins Ryan Knutson and Molly Ball to discuss the recent clashes between Trump and the courts.  Further Reading: - Chief Justice Roberts Criticizes Trump?s Call to Impeach Judges  - Trump Escalates Push Against Legal Norms  - A Presidency of Upheaval Emboldens Trump  Further Listening: - A New Phase in Trump?s Immigration Fight  - Trump 2.0: The Uncertainty Economy  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-21
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Greenland Has Tons of Minerals. So Where Are All the Miners?

Greenland could satisfy the world?s hunger for minerals, if miners could just start digging. WSJ?s Sune Rasmussen explains why Greenland?s minerals remain mostly untapped, and what bringing these rare earths to the surface could mean to the global supply chain. Further Reading: - Greenland Has the Makings of a Mining Boom. So Where Is Everyone?  - Greenlanders Reject Trump?s Overtures at the Ballot Box  Further Listening: - Why Trump Wants Ukrainian Minerals  - Why an Arctic Treasure Is Spurring Hope and Dread  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-20
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A New Phase in Trump's Immigration Fight

Immigrants who took advantage of a Biden-era program to enter the U.S. are now being targeted by the Trump administration, including people who fled the Russia-Ukraine war. WSJ?s Michelle Hackman explains how the program came to be and how Trump cancelled it. Further Reading: - They Thought They Came to the U.S. Legally. Now They?re at Risk for Deportation.  - What Green Card and Visa Holders Need to Know About Recent Deportations  Further Listening: - Trump's Immigration Overhaul  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-19
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The Battle to Be the King of Retail: Walmart vs. Amazon

Walmart has been America?s largest retailer by revenue for over three decades. But that title might change hands this year, with Amazon hot on the supercenter?s heels. WSJ?s Sarah Nassauer explains how Walmart has fought hard to keep its crown.  Further Reading: -How Walmart Built the Biggest Threat Amazon Has Faced  -Walmart?s Reign as America?s Biggest Retailer Is Under Threat  Further Listening: -The 20,000 Steps to a Walmart Manager?s Six-Figure Salary  -What Walmart?s Aisles Say About the American Consumer  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-18
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The Download That Led to a Massive Hack at Disney

Matthew Van Andel?s ordinary life unraveled when he accidentally downloaded a trojan horse that gave a hacker access to his entire computer. But the hacker didn?t just get Van Andel?s information. It also got his employer: Disney.  Further Reading: -A Disney Worker Downloaded an AI Tool. It Led to a Hack That Ruined His Life.  -How to Keep Hackers From Destroying Your Digital Life  Further Listening: -Six Days of Chaos at MGM's Casinos  -Hack Me If You Can  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-17
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The High Pressure Tactics Gloria Allred Uses On Her Own Clients

Gloria Allred?s lifelong crusade against men accused of sexual misconduct has made her a high profile feminist lawyer. But little is known about what happens between Allred and her clients, mostly women, behind the scenes. WSJ?s Khadeeja Safdar reports.  See the Journal live! Take our survey!  Further Reading: -The High-Pressure Tactics Attorney Gloria Allred Uses?On Her Own Clients  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-14
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Trump 2.0: The Uncertainty Economy

The Federal Reserve has been focused on cooling inflation and achieving a so-called soft landing. President Trump?s trade policies have sent markets reeling and fears of a recession are on the rise. WSJ?s Nick Timiraos joins Ryan Knutson and Molly Ball to discuss Trump?s economic vision. Plus, the Trump administration is moving to deport a permanent legal resident of the United States and the possibility of a government shutdown has Democrats in a pickle. Further Listening:  - What?s Going On With the Economy  - Tesla Has a Problem: Elon Musk  - The Fight to Kick Soda Out of Food Stamps  Further Reading: - How Trump 2.0 Is Shifting Its Tone on Markets  - A Presidency of Upheaval Emboldens Trump  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-14
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Trump Family Has Explored Deal with Binance

In 2023, crypto exchange Binance and its CEO and founder, Changpeng Zhao, pleaded guilty to violating U.S. money laundering laws. Now, an investigation finds that representatives of President Trump?s family have been in talks to take a financial stake in the U.S. arm of Binance. At the same time, Zhao has pushed the Trump administration to grant him a pardon. WSJ?S Rebecca Ballhaus brings exclusive reporting.  Further Reading: - Trump Family Has Held Deal Talks With Binance Following Crypto Exchange?s Guilty Plea  - How the Trumps Turned an Election Victory Into a Cash Bonanza    Further Listening: - Love Trump? Now You Can Buy His Meme Coin  - Inside the Trump Crypto Bromance  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-13
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What's Going On With the Economy?

Over the weekend, President Donald Trump said he wasn?t going to rule out a recession in the U.S.'s future. WSJ's Ashby Jones explains the cracks starting to appear in the economy and Brian Schwartz reports on how the White House is managing those cracks. See The Journal live! Take our survey ! Further Reading: -Trump?s Economic Messaging Is Spooking Some of His Own Advisers  -Inflation Cooled to 2.8% in February, Lower Than Expected  -CEOs Don?t Plan to Openly Question Trump. Ask Again If the Market Crashes 20%.  Further Listening: -The Trade War With China Is On  -Trump?s Tariffs Cause Chaos in Auto Industry  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-12
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Tesla Has a Problem: Elon Musk

Elon Musk?s politics have eroded Tesla?s appeal among some core buyers of electric vehicles. Some customers have started getting rid of their Teslas, and the company?s sales are down worldwide. Meanwhile, Musk is looking at new ways to expand Tesla?s business. WSJ?s Becky Peterson explains how Tesla?s fortunes are falling as Musk rises in Trump world. See the Journal live! Take our survey!  Further Reading: -Tesla?s Fortunes Fall as Musk Rises in Trump World  -Tesla Caps Roller-Coaster Year With Mixed Fourth-Quarter Earnings  Further Listening: -Trump 2.0: The Musk-Trump Bromance  -Inside USAID as Elon Musk and DOGE Ripped It Apart  -Tesla's Multibillion-Dollar Pay Package for Elon Musk  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-11
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The Collapse of Walgreens

Not much has gone right for Walgreens. Facing tough headwinds, the brand has been playing catch up to other U.S. pharmacy retailers for years. WSJ?s Joseph Walker on what went wrong for Walgreens and the private equity deal that could sell the company for parts.See The Journal live! Take our survey!  Further Reading: - Walgreens Goes From $100 Billion Health Giant to Private-Equity Salvage Project  - The Walgreens Billionaire Watching His Empire Come Apart  Further Listening: - How Target Got Off Target  - What Went Wrong at Bed Bath & Beyond?  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-10
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The Fight to Kick Soda Out of Food Stamps

Robert F. Kennedy Jr?s Make America Healthy Again movement is leading an effort to stop people from spending food stamps on soda. WSJ?s Laura Cooper explains how one state is leading the charge and how beverage companies are pushing back. See The Journal live! Take our survey!   Further Reading: -RFK Jr. And His Allies Target Trump?s Beloved Soda  Further Listening: -PepsiCo?s New Healthy Diet: More Potato Chips and Soda -Who Wants Non-Alcoholic Beer? Everyone, Apparently.  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-07
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Trump 2.0: ?Just Getting Started?

President Trump delivered a celebratory speech to Congress, declaring that he had swiftly notched several wins for the American people. WSJ?s Andrew Restuccia joins Kate Linebaugh and Molly Ball to discuss the roadmap Trump laid out and what it means for the next few years. See The Journal live! Take our survey!  Further Listening: -The Trade War With China Is On  -Trump's Tariffs Cause Chaos in Auto Industry  -Inside DOGE's Campaign of Secrecy  Further Reading: -An Annotated Fact-Check and Analysis of Trump?s Speech to Congress  -How Trump?s Polite Meeting With Zelensky Descended Into Acrimony  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-07
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The Botched Software Update That Cost $600 Million

Sonos, the high-end speaker company, continues to reel from its disastrous app update last May. The company lost revenue and approximately $600 million in market capitalization. Then came the layoffs and a CEO exit. WSJ?s Ben Cohen explains.  See The Journal live! Take our survey!  Further Listening: - The Glitch That Crashed Millions of Computers  - The Snowballing Problems at Vail Resorts  Further Reading: - The $500 Million Debacle at Sonos That Just Won?t End  - Sonos Finally Hits the Hard Reset Button  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-06
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The Trade War With China Is On

In the last month, the Trump Administration has levied 20% tariffs on imports from China. We speak to the CEO of an American home goods company about the impact of the trade war. WSJ?s Hannah Miao explains how it?s already affecting manufacturers and the economy in China. See The Journal live! Take our survey!  Further Reading: - The Tariff Pain Is Getting Real for Chinese Companies  - Chinese Manufacturers Speed Up Efforts to Dodge Trump Tariffs  Further Listening: - Why Trump Wants Ukrainian Minerals  - Trump 2.0: Shaking Up Europe  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-05
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Trump's Tariffs Cause Chaos in Auto Industry

President Trump?s 25% tariffs on goods from Mexico and Canada took effect first thing Tuesday. The American auto industry will be hit hard by these tariffs since many parts and materials come from Mexico and Canada. WSJ?s Mike Colias and a U.S. a uto parts supplier talk about the impact of the tariffs.  Further Listening: -Trump?s Tariff Whiplash  -How One Business Is Getting Ahead of Trump?s Tariffs  Further Reading: -Auto Executives Try to Sway Trump on Tariffs, EV Subsidies  -Tariff Threat Prompts Automakers to Find New Suppliers, Consider Higher Prices  -Canada and Mexico Gambled on a Free Trade Future. The Bet Is Turning Sour.  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-04
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The Killing Spree Tied to a Silicon Valley Intellectual Movement

The Zizians, a cult-like group of militant vegans, has been connected to six killings across the country. The violence has sent shockwaves throughout Silicon Valley. WSJ?s Zusha Elinson explains how the Zizians splintered from a Bay Area intellectual movement concerned with AI safety.    Further Reading: -A Silicon Valley Intellectual Society Kicked Them Out. Now They?re Tied to a Killing Spree.  -How a Fervent Belief Split Silicon Valley?and Fueled the Blowup at OpenAI  Further Listening: -The Fall of Crypto?s Golden Boy  -The Story Behind the Stabbing of a San Francisco Tech Exec  -The Biotech Founder Facing Murder Charges   Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-03-03
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Inside DOGE's Campaign of Secrecy

In the first few minutes of the Trump presidency, Elon Musk?s programmers made a surprise incursion into a key personnel agency. Since then, DOGE programmers operating in the shadows have burrowed into systems across the government, resulting in thousands of layoffs. WSJ?s Scott Patterson explains how DOGE has entered vast parts of the federal bureaucracy.  Further Reading: -Inside DOGE?s Clash With the Federal Workforce  -DOGE Claims It Has Saved Billions. See Where.  Further Listening: -Trump 2.0: The Musk-Trump Bromance  -Inside USAID as Elon Musk and DOGE Ripped It Apart  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-28
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Trump 2.0: A Big, Beautiful Bill

Lawmakers in the House of Representatives narrowly passed a budget resolution this week that serves as a first draft of the ?big, beautiful bill? President Trump has been seeking. WSJ?s Siobhan Hughes joins Ryan Knutson and Molly Ball to discuss how Congress is working with Trump. Plus, we take a look at what impact recent rulings from the judicial branch might mean for Trump's agenda.  Further Reading: - The Weight of Trump?s Agenda Sits on Mike Johnson?s Shoulders  Further Listening: - Why Trump Wants Ukrainian Minerals  - Trump 2.0: Shaking Up Europe  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-28
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Will Paramount Settle With Trump?

Paramount Global is wrestling with whether to settle President Trump?s lawsuit against its CBS unit. At the same time, the company is waiting for regulatory approval from the Trump administration for its merger with Skydance Media. WSJ?s Jessica Toonkel explains.   Further Reading: -CBS Owner Discusses Settling Trump Suit, With Merger Review on Tap  -FCC Requests ?60 Minutes? Harris Interview Material as It Reviews Paramount-Skydance Merger  -Paramount Executives Ask: Could They Be Sued for Settling Trump?s $20 Billion CBS Lawsuit?  Further Listening: -Mayhem at Paramount as Merger Looms  -Why Buying Paramount Global Won?t Be Easy  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-27
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Why Gold Bars Are Flying Over the Atlantic

If you landed on a flight from Europe to New York recently, you might have been an unwitting participant in a high-stakes, high-altitude gold trade. WSJ?s Joe Wallace explains what's going on with the gold market, and why gold bars have been flying commercial.  Further Reading: -Why Dealers Are Flying Gold Bars by Plane From London to New York  Further Listening: -Trump's Tariff Whiplash  -The Underground Battle for Colombia's Richest Gold Mine  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-26
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An Eggspensive Dilemma

As the U.S. fights a persistent bird flu outbreak, the cost of eggs has skyrocketed. The owner of a brunch cafe tells us about the impact of high-priced eggs on his business and WSJ?s Patrick Thomas unpacks one possible fix that the egg industry wouldn't consider ? until now. Further Reading: - Soaring Egg Prices Reignite Debate Over Bird Flu Vaccinations  - At the ?Wall Street of Eggs,? Demand Is Surging  - First Cows, Now Cats. Is Bird Flu Coming for Humans Next? Further Listening: - Bird Flu and the High Price of Eggs  - Farm-to-Table Pioneer on Why We Still Need Better Food  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-25
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Why Trump Wants Ukrainian Minerals

The Trump administration is pushing Ukrainian President Volodymyr Zelensky to hand over mineral rights worth hundreds of billions of dollars to the U.S. Zelensky said a deal is possible but he wants better terms. WSJ's James Marson explains why these minerals are so valuable and what this potential deal could mean for ending the war between Russia and Ukraine. Further Listening: - Trump 2.0: Shaking Up Europe  - Ukraine's $30 Billion Problem  Further Reading: - A Guide to U.S.-Russia Talks on Ending the War in Ukraine  - Ukraine?s Zelensky Wants Better Terms on Minerals Deal Demanded by Trump  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-24
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Germany's Economy Is Broken. There's No Plan B.

For decades, Germany has relied on manufacturing and exports ? a model that made it the world?s third largest economy. But that model is breaking down, and the country?s leaders are offering few alternatives in the upcoming election. WSJ?s Tom Fairless and Bertrand Benoit discuss Germany?s downturn and what can be done about it. Further Reading:  - Germany?s Economic Model Is Broken, and No One Has a Plan B  - Why Germany?s Confidence Is Shattered and Its Economy Is Kaput  Further Listening:  - Trump 2.0: Shaking Up Europe  - Germany?s Difficult Breakup with Russian Energy  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-21
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Trump 2.0: Shaking Up Europe

The Trump Administration turns its focus to Europe as President Trump signals a willingness to cooperate with Russia. WSJ?s Alex Ward joins Ryan Knutson and Molly Ball to discuss what that means for an end to the war in Ukraine. Further Reading: -Trump?s Turn to Russia Spooks U.S. Allies Who Fear a Weakened NATO  -Trump?s Attack on Zelensky Signals New World Order Taking Shape  Further Listening: -Trump 2.0: The Musk-Trump Bromance  -R.I.P. CFPB?  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-21
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Why Influencers Say Honey Is Stealing Their Money

A controversy among YouTube influencers has led to a series of lawsuits accusing browser extensions like PayPal Honey of swiping their commissions. PayPal said it disagrees with the claims in these lawsuits and look forward to defending itself. The litigation shines a light on the sometimes murky world of affiliate marketing, a $12 billion business.  Further Reading: -Creators Insist Coupon Browser Extensions Are Stealing Their Money. Will the Courts Agree?  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-20
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State Farm Cut Policies. Then the Fires Hit.

In recent years, most home insurers were fleeing areas of California with high risk for wildfires. But State Farm was there, dominating the market. Then, just months before the devastating L.A. fires, the company dropped 30,000 homeowners from their books. WSJ?s Jean Eaglesham explains how the risk that State Farm unloaded is now a problem for the rest of California.  Further Reading: -State Farm Was All In on California ? Until it Pulled the Plug Before the Fires  -Insurers? Rule Change Puts California Homeowners on the Hook for L.A. Fire  Further Listening: -Their L.A. Neighborhood Burned. Two Residents Find What?s Left.   -Insuring a Home in California Is Getting Harder  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-19
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The Life and Death of a Boeing Whistleblower

John Barnett worked at Boeing for nearly 30 years. Before he left the company, he filed a whistleblower complaint, alleging he was retaliated against for raising safety concerns. Last March, after two days of testimony, he was found dead in his truck. Police ruled his death a suicide. We tell the story of Barnett?s life, and death, as a Boeing whistleblower.  Further Reading: - Boeing CEO Apologizes to MAX Crash Families, Calls Culture ?Far From Perfect? - The Disarray Inside Boeing?s 737 Factory Before the Door Plug Blowout  - Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual  Further Listening: - The Failures Inside Boeing's 737 Factory  - A Hole in a Plane and a Headache for Boeing  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-18
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The 20,000 Steps to a Walmart Manager's Six-Figure Salary

We?re off for Presidents Day, but we wanted to reshare this episode.Walmart is offering higher pay, bonuses and more stock options this year to retain and attract managers. WSJ?s Sarah Nassauer spent a day with one manager, Nichole Hart, to understand why the job is commanding such a high salary these days, and why Hart logs about 20,000 steps a day.This episode was originally published in May 2024. Further Reading: -A Day in the Life of a Walmart Manager Who Makes $240,000 a Year  -Walmart Takes On Trader Joe?s and Whole Foods With New Premium Brand  Further Listening: -What Walmart?s Aisles Say About the American Consumer  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-17
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The U.S. Spent Billions Fighting AIDS. What Now?

At the beginning of his presidency, Donald Trump suspended most U.S. foreign aid, causing vast confusion and concern around the world. One affected program was PEPFAR, the bipartisan initiative that works to fight HIV/AIDS globally. WSJ?s Nicholas Bariyo from Uganda and Michael M. Phillips from Kenya report. And we hear from Karl Hoffman, the CEO of the public health organization HealthX Partners.  Further Listening: -Inside USAID as Elon Musk and DOGE Ripped It Apart  Further Reading: -Trump Aid Whiplash Hits Refugees, AIDS Patients Worldwide  -Trump Order Freezing Foreign Aid Halts Programs Worldwide, Prompts Confusion and Rush for Waivers  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-14
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Trump 2.0: The Musk-Trump Bromance

It?s been a busy month in D.C. for Elon Musk. WSJ?s Tim Higgins joins Ryan Knutson and Molly Ball to discuss what Musk?s strategies as a CEO can tell us about his plans for DOGE and the federal government. Plus, we get into Trump?s relationship with the judiciary and take a question from a listener about American expansionism.  Further Reading: -Musk Brings His Business Playbook to Washington: Move Fast and Claim Victory  -DOGE, Musk and Trump?Our Reporters Answered Your Questions  Further Listening: -R.I.P. CFPB?  -Trump 2.0: Less Foreign Aid, More Tariffs  Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-02-14
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