Fed’s Preferred Gauge Shows Inflation Heating Up

Plus: Florida sues OpenAI and Sam Altman, saying the ChatGPT company knowingly released an unsafe product. And Barry Diller’s People Inc. makes a bid for MGM Resorts. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Nvidia unveils a next generation lineup of laptops and desktops designed to run AI agents. And SoftBank leapfrogs Toyota to become Japan's most valuable company on news it will invest more than $50 billion in data centers in France. Luke Vargas hosts.  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Prospects for a peace deal with Iran lift U.S. stocks to new records. Plus: Dell shares skyrocket as demand grows for its AI products. Replimune's stock jumps after securing a path to resubmit its advanced melanoma treatment application. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: the Trump administration wants cars to be at least 50% made in America under a trade pact with Mexico and Canada. And an armed Russian drone crashed into a residential building in Romania, injuring several people. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Dell shares surge nearly 40% higher after the computer hardware maker reports strong AI server growth and a new U.S. military contract. And ABC complies with the FCC’s order to apply for early broadcast license renewals but says the demand is unconstitutional. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Snowflake stock surges as the cloud-software company reports strong earnings and strikes a $6 billion deal with Amazon. Plus: Shares of Hormel Foods, whose brands include Planters, Skippy and Spam, soar amid strong quarterly results. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Billionaire Tilman Fertitta has agreed to buy Caesars Entertainment for about $5.7 billion. And a federal regulator has paused its review of a blockbuster railroad merger. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: The Justice Department opens a probe into writer E. Jean Carroll, who accused President Trump of sexual assault and defamation. And Meta rolls out paid subscription plans on its platforms as it hunts for revenue to fund its AI buildout. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stock indexes close at record highs after posting modest gains. Plus: Memory-chip maker Micron gains, while other tech stocks, including Nvidia, AMD and Intel retreat. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Robinhood adds a new feature to let customers use AI to trade. And a major shareholder of Universal Music Group slams the $65 billion bid from Bill Ackman’s Pershing Square Capital. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an edito Learn more about your ad choices. Visit megaphone.fm/adchoices