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WSJ What’s News — Business
WSJ What’s News

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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Latest Episodes:

Tariff Uncertainty Weighs on U.S. Stocks and Business Leaders Feb 23, 2026

Show notes

P.M. Edition for Feb. 23. U.S. stocks were down today after the latest tariff moves over the weekend, while U.S. business leaders are scrambling to figure out what this means for them. We hear from reporter Chip Cutter about the questions they have and how they’re trying to address them. Plus, Anthropic has accused three Chinese AI companies of using its Claude model to improve their own systems. WSJ reporter Robert McMillan discusses why Anthropic says that’s a threat to national security… and its business. And the Pentagon is flagging risks of a major operation against Iran to President Trump. Alex Ossola hosts.

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Why Tariffs Haven’t Balanced Out Global Trade Feb 23, 2026

Show notes

A.M. Edition for Feb. 23. After Friday’s Supreme Court ruling, new tariffs are on the table. But WSJ correspondent Tom Fairless says President Trump’s favored tool for remaking global trade hasn’t helped to shrink the U.S. trade deficit, with many U.S. trade partners now subsidizing their export-driven economies. Plus, violence erupts in Mexico after the military kills the country’s most powerful drug kingpin, escalating the government’s crackdown on cartels.

And the once-boring ETF market is embracing more exotic and risky bets, with asset managers looking to grab a slice of the fees they generate. Daniel Bach hosts.

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Do Foreign Governments Need American Tech? Feb 22, 2026

Show notes

France recently ordered government workers to stop using American videoconferencing tools like Teams or Zoom and instead use a program developed by the French state. The move is just the latest example of a growing “tech sovereignty” trend, as countries seek to build their own digital technologies to reduce their dependence on the U.S. private sector. Luke Vargas speaks to the man leading France’s “digital sovereignty” push, David Amiel, France’s Minister for State Reform, and to WSJ tech reporter Sam Schechner about what it could all mean for Silicon Valley.

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What’s News in Markets: Walmart Slumps, Omnicom Rallies, Moderna Comeback Feb 21, 2026

Show notes

Why did Walmart fall on strong earnings? And how are Omnicom’s big cost cuts boosting its stock? Plus, will a major FDA reversal change Moderna’s fortunes? Host Jack Pitcher discusses the biggest stock moves of the week and the news that drove them.
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Trump Vows New 10% Tariffs After Supreme Court Loss Feb 20, 2026

Show notes

P.M. Edition for Feb. 20. After the U.S. Supreme Court ruled the president exceeded his powers when he imposed global tariffs, Trump responded by announcing 10% global tariffs under a different legal authority. WSJ economic policy reporter Gavin Bade breaks down what happened and the implications. Plus, U.S. intelligence agencies have concluded that between 15,000 to 20,000 people are now at large in Syria after an ISIS detention camp collapsed. And Florida Rep. María Elvira Salazar is one of few Republicans saying that Trump’s hard-line deportation policies might cost the GOP the midterms. Journal political reporter Sabrina Rodriguez tells us what she discussed with Salazar in a recent interview. Alex Ossola hosts.

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What’s News in Earnings: Homebuilders Offer Clues on the U.S. Housing Market Feb 20, 2026

Show notes

Bonus Episode for Feb. 20. Financial results from homebuilders PulteGroup, D.R. Horton and Toll Brothers give investors a peek at the forces shaping housing markets across the country ahead of the all-important spring selling season. Wall Street Journal national housing reporter Nicole Friedman discusses insights into affordability and regional differences. Veronica Dagher hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter.

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How Europe Is Investigating the Epstein Files Feb 20, 2026

Show notes

A.M. Edition for Feb. 20. Authorities from France, Norway, the U.K. and elsewhere across Europe are investigating evidence of potential crimes within recently-released Jeffrey Epstein files, while Justice Department officials say those documents warrant no further prosecutions. WSJ reporter Matthew Dalton breaks down their differing approaches. Plus, warning signs from the private-credit market invite comparisons to the runup to the global financial crisis. And President Trump orders the release of government files on UFOs after former President Obama says aliens exist. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter.

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Amazon Overtakes Walmart as the Biggest U.S. Company by Revenue Feb 19, 2026

Show notes

P.M. Edition for Feb. 19. Walmart had strong sales growth in its most recent quarter. Despite this, Walmart fell behind Amazon as the largest U.S. company by revenue. Reporter Sarah Nassauer discusses the milestone. Plus, beef prices are high—and likely to stay that way. We hear from WSJ reporter Patrick Thomas about why, and how consumers are responding. And British police say Andrew Mountbatten-Windsor, the former Prince Andrew, has been released under investigation. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter.

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Former Prince Andrew Arrested, BBC Reports Feb 19, 2026

Show notes

A.M. Edition for Feb. 19. British public broadcaster the BBC says police have arrested Andrew Mountbatten-Windsor on suspicion of misconduct in public office. The former Prince Andrew has consistently denied any wrongdoing in relation to his dealings with convicted sex offender Jeffrey Epstein. Plus, WSJ correspondent Margarita Stancati explains how a major U.S. military buildup and Iranian war preparations suggest the two sides could be on a collision course, even as nuclear diplomacy continues. And President Trump prepares to convene his Board of Peace for the first time. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter.

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The Seattle Seahawks, Super Bowl Winners, Go Up for Sale Feb 18, 2026

Show notes

P.M. Edition for Feb. 18. A long-anticipated sale of the Seattle Seahawks is now underway—and the sale price could break NFL records. Plus, Stephen Hemsley, the leader of UnitedHealth Group, for years made private investments in healthcare startups. Journal senior editor Mark Maremont digs into how some of those companies also did business with, or competed against, UnitedHealth. And in his testimony at a landmark social media trial, Meta CEO Mark Zuckerberg defended the company’s practices. Alex Ossola hosts.

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