U.S. Stocks Tumble as Trump Threatens Higher Tariffs on China

A.M. Edition for Oct. 15. Governors from 15 mainly blue states are forming a shadow public-health alliance, in a sign of growing resistance to Robert F. Kennedy Jr.’s agenda. Plus, with the fight against Israel on pause, Hamas launches a violent crackdown on rival militias, seeking to assert its authority in Gaza. The WSJ’s Benoit Faucon explains how the infighting could complicate a peace plan that Israel has conditioned on Hamas disarming. And Beijing plays hardball on trade, in a bet that President Trump will fold before launching new tariffs that would roil markets. Caitlin McCabe hosts. Want to know how changes to 2026 Medicare plans could affect you? Check out our explainer.  Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for Oct. 14. Major banks including Goldman Sachs and JPMorgan Chase exceeded third-quarter profit and revenue forecasts. WSJ banking and finance reporter Alexander Saeedy unpacks the results. Plus, WSJ’s Peter Grant explains why New York City’s office market is outpacing the rest of the country’s. And a youth-led revolt in Madagascar has resulted in a military coup. Sabrina Siddiqui hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for Oct. 14. Beijing is eager to save an upcoming Trump-Xi summit, while Washington wants to stem losses in the stock market. And so WSJ editor Peter Landers explains that President Trump is taking a carrot and stick approach to trade tensions. Plus, we explore what a slew of results from America’s biggest banks say about the U.S. economy. And, WSJ’s Ken Thomas takes a look at which federal agencies are being hit the hardest by shutdown layoffs. Caitlin McCabe hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for Oct. 13. After a momentous day in the Middle East, world leaders are looking ahead to the next phase of the cease-fire deal for Israel and Hamas. WSJ national security reporter Robbie Gramer discusses what’s to come from peace negotiations. Plus, three economists win the Nobel Prize for their work explaining how innovation drives economic growth. And all that investment in artificial intelligence is juicing the economy—is it also making workers more productive? We hear from WSJ reporter Justin Lahart on what the evidence shows. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for Oct. 13. Cheers and celebrations erupt in Tel Aviv as all twenty living Israeli hostages are released by Hamas. It is a pivotal moment with President Trump telling reporters that “the war is over,” however WSJ correspondent Jared Malsin explains that significant obstacles remain in securing a long-term peace plan for the Middle East. Plus, President Trump threatens to send long-range cruise missiles to Ukraine in a bid to pressure Moscow into negotiating a peace deal. And Paramount is circling Warner Bros. Discovery as the push to take over the media giant appears to be heating up. Caitlin McCabe hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hollywood is in transition, and it’s not clear what the film and television industry looks like on the other side. Between studios moving their productions out of California and the rise of artificial intelligence such as the AI-generated “actor” Tilly Norwood, many creatives in the Los Angeles area are struggling to keep steady employment. Joe Flint and Ben Fritz, who cover entertainment for the Journal, discuss the state of Hollywood and where L.A.'s entertainment economy could be headed. Kate Bullivant hosts. Further Reading L.A.’s Entertainment Economy Is Looking Like a Disaster Movie All the Hollywood Action Is Happening Everywhere but Hollywood Learn more about your ad choices. Visit megaphone.fm/adchoices

What set off Wall Street’s “fear gauge”? And how did Delta’s earnings affect airline stocks? Plus, how did markets react to AMD’s new partnership with OpenAI? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for Oct. 10. President Trump responded to recent Chinese actions targeting the U.S. by threatening higher tariffs and export controls on China—a move that sent U.S. markets falling. WSJ reporter Jack Pitcher explains the market reaction. Plus, the White House said today that it has begun mass layoffs of federal workers as a result of the government shutdown. And MIT has become the first university to reject a compact sent by the Trump administration last week offering colleges funding advantages. We hear from WSJ reporter Doug Belkin about why the university rejected it, and what it means for other universities faced with a similar proposal. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for Oct. 10. President Trump's application of pressure is a key factor in securing a cease fire in Gaza after two years of conflict. WSJ’s Anat Peled explains what happens next, including Israeli forces withdrawing from parts of the Gaza Strip preparations for the release of the remaining Israeli hostages. Plus, a federal judge halts the deployment of National Guard troops onto the streets of Chicago. And the Nobel peace prize is awarded to Venezuelan opposition leader María Corina Machado for her work promoting democracy and fighting dictatorship in the country. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for Oct. 9. As the government shutdown stretches beyond a week, federal employees—including air-traffic controllers—are working without pay. WSJ reporter Anvee Bhutani discusses how a shortage of those workers could be crucial in the fight to end the government shutdown. Plus, the Israeli government is expected to vote on the hostage deal, as President Trump, whose administration helped broker the deal, offers details about its timeline. And Lay’s chips are getting a makeover for the MAHA era, with marketing that leans into the brand’s farm roots. We hear from Journal reporter Laura Cooper about why Lay’s owner PepsiCo is making the change at this key moment for its business. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices