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President Trump responded by repeating calls for the Federal Reserve to cut interest rates by a full percentage point. Plus: shares of nuclear-technology company Oklo surged after it was selected to power an Alaskan Air Force base. And stock in General Motors rose after it announced a $4 billion plan to produce more vehicles in the U.S. Danny Lewis hosts.
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Plus: President Trump says a U.S. trade deal with China is done, subject to final approval from him and Chinese leader Xi Jinping. And Texas Gov. Greg Abbott says he will deploy the National Guard across parts of the state as anti-ICE protests spread across the country. Pierre Bienaimé hosts.
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Plus: Negotiators wrap up two days of trade talks in London. And California Governor Gavin Newsom accuses President Trump of “theatrics over public safety” as protests over immigration enforcement intensify. Azhar Sukri hosts.
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Commerce Secretary Howard Lutnick says he hopes negotiations will wrap up tonight. Plus: Tesla stock continues its rebound following last week’s rout. And shares of J.M. Smucker drop after the Hostess owner posts lower sales. Danny Lewis hosts.
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Plus: A survey shows America’s small businesses are feeling better about their prospects. And U.S. government agencies tracked foreign nationals coming and going to Elon Musk’s properties in 2022 and 2023. Pierre Bienaimé hosts.
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Plus: Health Secretary Robert F. Kennedy Jr. has removed all members of a key committee that recommends vaccines. And Asian markets showed mixed signals today as high-stakes China-U.S. trade talks enter a second day in London. Luke Vargas hosts.
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Negotiators from the two countries are expected to discuss export controls for rare-earth minerals and jet engines, among other items. Plus: Warner Bros. Discovery shares fell after it announced plans to split the company in two. And Apple stock slid as its artificial intelligence announcements disappointed some investors. Danny Lewis hosts.
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Plus, Warner Bros. Discovery says it will split its cable and streaming businesses. And Canada says it will boost its military spending. Alex Ossola hosts.
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Plus: President Trump deploys the National Guard to Los Angeles as clashes between protesters and law enforcement continue. And Apple prepares to kick off its annual developers conference. Luke Vargas hosts.
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The three major indexes are once again all up for the year, for the first time since late February. Plus: Tesla shares take back some ground after Thursday’s selloff. And Lululemon shares dropped after it cut its outlook and said it would raise prices due to tariffs. Danny Lewis hosts.
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