Jerome Powell’s Last Stand at the Fed

There’s finally another way to buy a new car, as companies like Carvana and Volkswagen’s new brand Scout are challenging the traditional dealership model. WSJ’s Christopher Otts explains how a decades-old system is starting to show some wear. Jessica Mendoza hosts.Further Listening: - Why People Aren't Lining Up for This $120,000 Job - The Repo Man Is Busier Than Ever Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Florida, once an affordable haven, is rapidly transforming into a state for the wealthy. As a result, living costs are rising and population growth is slowing overall. WSJ’s Arian Campo-Flores reports on the affordability crisis and speaks with Republican Senator Rick Scott about what the state can do to create better-paying jobs and housing. Ryan Knutson hosts.Further Listening: - The Florida Cops Who Act as ICE Agents - California Billionaires Are Freaking Out Over a New Tax ProposalSign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

When Maziar Mike Doustdar took over as CEO of Novo Nordisk last year, the company had lost ground in the anti-obesity drug market. Doustdar spoke with Jessica Mendoza about his plans to turn the company around, the recent success of their Wegovy pill and what keeps him up at night. Further Listening: - Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out? - Trillion Dollar Shot Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

American classrooms are awash with YouTube. One survey showed that 94% of teachers have used YouTube in their roles. A WSJ investigation reveals the business strategy behind Google’s push to bring the technology to schools and looks at how YouTube is affecting children. WSJ’s Shalini Ramachandran lays out her reporting, and Jessica Mendoza talks with a math teacher who has been wrestling with YouTube in his classroom. Further Listening: - The New Legal Strategy That Beat Social Media - Judge Rules ‘Google Is a Monopolist’ Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Barney Frank, the former Democratic congressman, died this week at the age of 86. Frank was best known as the architect of the Dodd-Frank law that reshaped the U.S. financial system in the wake of the 2008 crisis. WSJ’s Damian Paletta talks about Frank’s legacy. Ryan Knutson hosts. Further Listening: - The Man Who Waged War on Inflation - Two Executives on What It's Like to Stop a Bank RunSign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nike co-founder Phil Knight visited China nearly 50 years ago and dreamed of selling sneakers. He laid out an ambitious vision—“One billion people, two billion feet”— it was an ambitious strategy. By 2010, China was among Nike’s most lucrative markets, offering a blueprint for U.S. companies seeking to cash in on China’s rise. Today, Nike’s China business is bleeding. WSJ’s Jon Emont explores the cautionary tale of Nike’s rise and fall in China. Ryan Knutson hosts. Further Listening: - Can Nike Make Its Shoes Cool Again?. - The Missteps That Led Nike Off Course - The Chinese Coffee Giant Taking on Starbucks Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Approximately 20,000 ​seafarers have been stranded, many since late February, because they can’t get through the Strait of Hormuz. WSJ’s Drew Hinshaw spoke with sailors trapped in the strait and reports on their worsening conditions. And WSJ’s Jared Malsin explains why it is so hard to get the cargo ships moving again. Jessica Mendoza hosts.  Further Listening: - How Iran's Regime Changed...for the Worse - The Energy Shock Is Here - How China Keeps Iran’s Oil Industry Afloat Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sometimes, actor Riz Ahmed says, his life feels like a spy thriller. He made his new show, “Bait,” about that feeling, and sat down with Jessica Mendoza at our Journal Live show in Los Angeles to talk about it. The actor, known for blockbusters like “Star Wars: Rogue One” and his Oscar-nominated performance in “Sound of Metal,” also spoke about his career, what it takes to succeed in Hollywood and getting the rights to a famous spy for his show. Further Listening: - Financial Influencers on Wealth and Work - Kathy Hochul on Mamdani, Trump and Where Democrats Went Wrong Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The blockbuster lawsuit between OpenAI co-founders Elon Musk and Sam Altman has wrapped up. The three-week trial has exposed some of the inner workings and personal feuds behind Silicon Valley’s artificial intelligence boom. WSJ’s Angel Au-Yeung explains what happened during the trial and what the verdict could mean for the future of AI. Hosted by Jessica Mendoza. Further Listening: - The Unraveling of OpenAI and Microsoft’s Bromance - A Data Center Revolt in MissouriSign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A new chairman is taking over from Jerome Powell at the Federal Reserve. But Powell isn't leaving. He plans to stay on as a voting member on the Fed’s board of governors. WSJ’s Nick Timiraos reflects on Powell’s tenure and unpacks his controversial decision to remain at the central bank. Jessica Mendoza hosts. Further Listening: - Who Is the New Fed Chair? - Why is the Fed Chair Facing a Criminal Investigation? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices