India Sees a Golden Opportunity in U.S.-China Trade War
A.M. Edition for April 22. The U.S. and India agree to broad terms to negotiate a potential trade deal. WSJ’s South Asia bureau chief Tripti Lahiri says India, a country that has long frustrated foreign companies with red tape, now sees an opening to capture American investment from China. Meanwhile, Washington targets Chinese solar-product manufacturers in Southeast Asia with steep tariffs. And Harvard sues the Trump administration in an escalating battle over its funding. Luke Vargas hosts.
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13:08
‘Sell America’ Trade Picks Up After New Trump Threats on Fed
P.M. Edition for April 21. U.S. markets were on edge about President Trump's tariff war as well as his threats to fire Federal Reserve chief Jerome Powell. Stocks fell, the dollar hit fresh multiyear lows against major currencies, and yields on longer-term Treasurys rose. Plus, U.S. megabanks are built for business from all corners of the globe. Heard on the Street columnist Telis Demos says that will become tougher in a deglobalized world. And cryptocurrency is pushing deeper into the banking system; banking reporter Gina Heeb has the scoop on the crypto firms planning to apply for bank charters or licenses. Pierre Bienaimé hosts.
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14:17
Francis, Pope of Firsts, Dies at 88
A.M. Edition for April 21. The Vatican announces the death of Pope Francis, triggering what Rome-based correspondent Margherita Stancati says will be a succession process that centers on whether to continue the pontiff's progressive legacy. Plus, Defense Secretary Pete Hegseth is in hot water again after sharing detailed military plans in another Signal chat. And the Supreme Court halts the Trump administration's deportation of Venezuelan migrants under a rarely used wartime law. Luke Vargas hosts.
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Correction: An estimated $1 trillion of goods transits through the Gulf of Aden each year. An earlier version of this podcast said that was a daily figure. (Corrected on April 21)
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13:57
Trump Moves Could Force Universities to Recalculate Their Bottom Lines
The Trump administration has already pulled grant money from Harvard and is threatening to do so at other institutions too. Meanwhile,the administration is pulling hundreds of student visas and moving to deport some. WSJ’s Doug Belkin explains how losing federal grant money could affect universities’ bottom lines. And Fanta Aw, executive director and CEO of the Association of International Educators (NAFSA), explains how much international students contribute to universities’ budgets and the impact that losing them could have.
Further Reading:
Trump Is Going After Universities’ Federal Funding. Here’s What to Know.
The Little-Known Bureaucrats Tearing Through American Universities
Trump Team to Freeze Nearly $2 Billion at Cornell and Northwestern Universities
How Harvard Ended Up Leading the University Fight Against Trump
Trump Administration Wants to Install Federal Oversight of Columbia University
Former College President Explains Funding Strategies Behind Universities
Chinese Students on U.S. Campuses Are Ensnared in Political Standoff
Student Visas Are Being Revoked Without Reason or Warning, Colleges Say
Harvard-Bound Students Stand Firm While Some Columbia Prospects Think Twice
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17:17
What’s News in Markets: Lilly Surges, UnitedHealth Plummets, Netflix Aims for $1 Trillion
Why did news from a weight-loss drug pill trial boost Eli Lilly? And how are costs in the Medicare business affecting UnitedHealth? Plus, what ambitious goals has Netflix set for itself? 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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