Plus: The parent of Saks Fifth Avenue and Neiman Marcus files for bankruptcy protection. And Netflix prepares to sweeten its offer for Warner Bros. Discovery. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: JPMorgan Chase CEO Jamie Dimon warns political interference with the Federal Reserve would backfire and drive interest rates higher. And South Korean prosecutors seek the death penalty for former President Yoon Suk Yeol, who briefly instituted martial law in 2024. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter.

Plus: Japan’s Nikkei 225 surges to a record close on hopes for a general election. And a federal judge rules that work on a major wind farm off the coast of Rhode Island and Connecticut can resume. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter.

The Fed Chair revived concerns about central bank independence. Plus: Synchrony Financial drops after the President calls for a cap on credit card interest rates. Katherine Sullivan 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.

Plus: Paramount escalates its hostile takeover bid for Warner Bros. Discovery. And Google parent Alphabet becomes the latest company to cross the $4 trillion mark. 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.

Plus: President Trump mulls blocking Exxon Mobil from drilling in Venezuela following comments by the company’s top executive at the White House. And big bank shares drop as Trump calls for a 10% cap on credit cards interest rates. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter.

The S&P 500 also reached a new high. Plus: Intel shares jumped after its CEO met with the president. Katherine Sullivan 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.

Plus: Meta unveils sweeping new agreements to purchase nuclear power. And the European Union backs a trade deal with four South American countries. 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.

Plus: Saks is nearing a $1.25 billion bankruptcy financing deal. And Rio Tinto restarts talks to buy copper miner Glencore, which could create the world’s largest mining company. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter.

The Dow rose, while the Nasdaq dropped. Plus: Costco shares rally on strong end-of-year sales. Katherine Sullivan 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.