Swipe, Spend, Repeat: The Perks Arms Race in Your Wallet

JPMorgan Chase recently announced that it was raising the annual fee on its popular Sapphire Reserve credit card by 45%. The company believes enough customers will stick around because of the status and exclusivity the card conveys. WSJ’s Imani Moise reports on how credit card companies have increasingly attracted customers by offering perks. Jessica Mendoza hosts.  Further Listening: - The Unusual Economics of the Bilt Credit Card  - The Fight Over Your Credit Card Swipe  Sign up for WSJ’s free What’s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices

SCOTUS wrapped up a busy session, giving states room to restrict transgender medical care for minors, allowing the federal government to strip legal status for Venezuelan migrants and, in one of its final acts on Friday, clipping the power of federal judges to block President Trump’s policies nationwide. Jessica Mendoza speaks to WSJ’s Jess Bravin about the emergency cases filling the Supreme Court schedule and what that signals for the future. Further Listening: -Is There an Ethics Problem at the Supreme Court?  -Trump 2.0: A Showdown With the Judiciary  Sign up for WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

To renowned travel guru Rick Steves, “fear is for people who don’t get out very much.” The travel mogul has built an empire on a philosophy of travel that builds bridges. Recently, he sat down with Ryan Knutson at the Cascade PBS Ideas Festival in Seattle for a conversation about his business, his politics and how the two intersect. Further Listening: The Love Triangle Over Spirit  An Air Traffic Controller Speaks Out About Newark Airport Learn more about your ad choices. Visit megaphone.fm/adchoices

NYC mayoral candidate Zohran Mamdani has won over legions of rent-strapped young voters with a platform focused on making housing more affordable — including by freezing rents. This week he cleared an important hurdle, winning the Democratic primary in an upset of former New York Governor Andrew Cuomo. But his success has panicked the New York real estate industry, which is now in a mad scramble to assess its options. WSJ’s Rebecca Picciotto explains how the city’s housing crisis is driving the election. Annie Minoff hosts. Further Listening: -How Eric Adams Became New York City’s First Indicted Mayor  -The Rise of the Yimbys  -The Downfall of a Real Estate Empire  Sign up for WSJ’s free What’s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices

Gary Rohwer owns Glenn Valley Foods and lends his name to the company’s signature product: Gary’s QuickSteaks. He says he built his business with the help of mostly immigrant workers, whose legal status he says his company vetted using the government’s E-Verify System. This month, his plant was raided by ICE. He speaks with Annie Minoff about what happened, his industry and what’s next for his company.  Further Listening: - Why Latino Consumers Are Spending Less  - Inside ICE’s Aggressive Approach to Arresting Migrants  - Deportations Could Upend This Parachute Factory  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The new head of the Catholic Church, Pope Leo XIV, is making artificial intelligence a signature issue. Last week, the Vatican hosted tech leaders at a two-day international AI conference in Rome. WSJ’s Margherita Stancati reports on why Silicon Valley is watching to see if Leo will use the Church’s moral authority to push for stronger AI rules. Jessica Mendoza hosts.  Further Listening: - The Financial Mess Facing the Vatican  - Pope Francis Has Died. What’s Next for the Catholic Church?  Sign up for WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Jessica Mendoza speaks to NCAA president Charlie Baker about the landmark settlement that is ushering in a new professional era for college sports. The deal will create a new system for college athletes to get paid directly by schools. They discuss how payments will be regulated, what impact Title IX could have and how the deal could change college sports. Further Listening: - The TikTok That Changed College Hoops  - California Takes On the NCAA  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, Iran fired missiles at a U.S. military base in Qatar. Officials said Iran also fired on Iraq. The attacks were in retaliation for a strike over the weekend that hit three of Iran’s nuclear facilities, authorized by President Trump. WSJ’s Shayndi Raice reports on how Iran got backed into a corner and has been forced to decide whether or not to escalate into a broader war. Jessica Mendoza hosts.  Further Listening: -Iran May Be Running Out of Options  -Iran and the U.S. Were Set to Negotiate. Then Israel Attacked  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The most well-known cryptocurrency thefts involve online hacks or phishing attempts via text messages. But WSJ's Sam Schechner has been reporting on a new wave of violent crypto thefts: wrench attacks. Brutal physical attacks against the crypto elite are on the rise. Annie Minoff hosts.  Further Listening: -Pig-Butchering: A Texting Scam With a Crypto Twist  -How North Korea’s Hacker Army Stole $3 Billion in Crypto   Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Deportation fears and economic uncertainty is driving changes in shopping behavior in Latino communities. Job losses in industries like construction have also left Hispanics with less money to spend. WSJ’s Laura Cooper travels to Texas and reports that some Hispanic shoppers are forgoing their regular shopping trips and restaurant meals. Companies are now saying they’re seeing the pullback in their sales. Jessica Mendoza hosts.  Further Listening: - Inside ICE’s Aggressive Approach to Arresting Migrants  - Deportations Could Upend This Parachute Factory  Sign up for WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices