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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.

Copyright: Copyright © Dow Jones & Company, Inc. All Rights Reserved.

Latest Episodes:

Trump Expected to Nominate Kevin Warsh as Fed Chair Jan 30, 2026

Show notes

A.M. Edition for Jan. 30. President Trump is reportedly planning to announce his choice to succeed Jerome Powell as Fed chair today: former Fed governor Kevin Warsh. WSJ finance editor Alex Frangos tells us it’s unclear which version of the central bank insider-turned-critic Trump would get. Plus, OpenAI says its hotly-anticipated public offering may come in the fourth quarter. And despite massive iPhone 17 sales, Apple investors are focussed on rising component costs that could hit the company’s bottom line. Luke Vargas hosts.

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Amazon Is in Talks to Invest Up to $50 Billion in OpenAI’s Latest Funding Round Jan 29, 2026

Show notes

P.M. Edition for Jan. 29. In an exclusive, we’re reporting that Amazon is in talks for an investment of up to $50 billion in OpenAI—a big bet on the startup that would deepen the relationship between the two companies. Plus, White House border czar Tom Homan said he’s working on a plan to draw down immigration officers in Minneapolis. Immigration reporter Michelle Hackman says that could mean changes on the ground in the city. And even as much of the U.S. is in a housing slump, sales of the most expensive homes are booming. Journal reporter Katherine Clarke discusses what’s behind the rise. Alex Ossola hosts.

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Meta’s AI Spending Pays Off Jan 29, 2026

Show notes

A.M. Edition for Jan. 29. Investors are rewarding Meta after the company’s latest earnings showed massive AI investments translating into a jump in digital-ad revenues. State Street’s Altaf Kassam gives his take on the AI boom’s early winners and losers. Plus, WSJ deputy finance editor Quentin Webb gives us the backstory on the metals rally that just won’t quit. And FBI agents search a Georgia election office as part of a broader push to re-examine Trump’s 2020 loss. Luke Vargas hosts.

Check out Sumathi Reddy's reporting on what happens when you stop taking GLP-1 drugs.

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Fed Enters a New Holding Pattern on Interest Rates Jan 28, 2026

Show notes

P.M. Edition for Jan. 28. The Federal Reserve held interest rates steady, and though officials signaled openness to cutting rates again, they didn’t indicate when that might happen. WSJ investing columnist Spencer Jakab discusses the decision and its implications. Plus, Amazon says it’s cutting 16,000 jobs, bringing its total cuts since October to about 30,000. And two Border Patrol agents who shot Alex Pretti and the ICE officer who shot and killed Renee Good in Minneapolis have been put on leave. Alex Ossola hosts.

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What a Weaker Dollar Means for Businesses and the World Jan 28, 2026

Show notes

A.M. Edition for Jan. 28. The dollar is steadying following its biggest one-day decline since April’s global tariff turmoil. That’s after President Trump said he wouldn’t mind a weaker currency. WSJ editor Alex Frangos explains why that statement caused such a selloff. Plus it’s a big day for the AI trade as Nvidia begins selling its chips in China and suppliers post record earnings. And two Middle East leaders say they won’t help the U.S. in a possible attack on Iran as allies in the region reconsider their ties with Washington. Luke Vargas hosts.

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Medicare Payments Shock Sends Health Insurance Stocks Diving Jan 27, 2026

Show notes

P.M. Edition for Jan. 27. Health insurers like UnitedHealth Group and Humana were shocked after the Trump administration proposed holding Medicare rates nearly steady next year—a move that could be a big hit to their finances. Anna Wilde Mathews, who covers health insurance for the Journal, discusses what that could mean for patients and the industry’s next move. Plus, the Trump administration’s immigration crackdown has slowed U.S. population growth. And Amazon is closing its Amazon Fresh and Amazon Go stores, but will open 100 more Whole Foods stores. Alex Ossola hosts.

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Iran’s Bloodiest Crackdown in Decades Jan 27, 2026

Show notes

A.M. Edition for Jan. 27. Rights groups say the death toll could exceed 10,000 or more as new details trickle out of Iran’s deadly crackdown on protests earlier this month. WSJ’s Margherita Stancati says fear and mourning has paralysed the country. Plus, the EU and India reach a free-trade deal, linking together almost two billion consumers. WSJ trade reporter Kim Mackrael says this comes as a number of U.S. trading partners are actively taking steps to curb their reliance on America. And Southwest’s open seating policy is over after more than 50 years. Luke Vargas hosts.

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White House May Reduce Federal Immigration Agents in Minnesota Jan 26, 2026

Show notes

P.M. Edition for Jan. 26. After a “very good call” with Minnesota Gov. Tim Walz, the White House said President Trump would consider reducing the number of federal agents in the state. We hear from WSJ national affairs reporter Joe Barrett on the ground in Minneapolis, and immigration reporter Michelle Hackman about the shift in tone from the White House. Plus, today is the first day to file your 2025 tax returns in the U.S., and Journal tax policy reporter Richard Rubin says many people will get bigger breaks than in past years. And Americans on Obamacare health insurance plans are seeing their monthly costs balloon, sometimes by thousands of dollars. As WSJ economics reporter Rachel Ensign tells us, that’s forcing them to make difficult choices. Alex Ossola hosts.

What's News Sunday: ICE’s Expanding Authority Under Trump

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Pretti Shooting Escalates Standoff Between Federal Agents, Minnesota Officials Jan 26, 2026

Show notes

A.M. Edition for Jan. 26. Saturday’s fatal shooting of Alex Pretti marks the second time federal agents killed a U.S. citizen in Minneapolis in two weeks. In an interview with the Wall Street Journal, President Trump declined to say whether the officer who shot Pretti acted appropriately and said his administration was investigating. Plus, we’ll bring you a massive scandal at the very top of China's military leadership. And WSJ’s Joe Wallace explains why gold just can’t seem to lose its lustre. Luke Vargas hosts.

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Correction: The National Rifle Association is a U.S. gun advocacy group. An earlier version of this podcast called it the National Rifle Administration. (Corrected on Jan. 26)

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ICE’s Expanding Authority Under Trump Jan 25, 2026

Show notes

A massive immigration crackdown in Minneapolis has turned the city into a tinderbox and renewed questions about ICE’s growing power. WSJ reporter Michelle Hackman discusses how the agency is shifting tactics, from cutting training requirements to entering homes without warrants signed by a judge. Plus, the legal challenges that lie ahead. Alex Ossola hosts.

Further Reading:

ICE Moves to Enter Homes Without Warrants Signed by a Judge

We Spent Six Hours at ICE Training School. Here’s What We Learned.

Target’s Stores Become an ICE Battleground in Hometown Minneapolis

The ICE Standoff in Minneapolis Has Become the Political Issue CEOs Can’t Ignore

Four Immigration Cases Are Testing the Limits of Trump’s Power

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