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Plus: The Trump administration is crafting plans for a major overhaul of the U.S. Agency for International Development. And, SoftBank inks a deal to buy U.S. chip designer Ampere Computing Holdings for $6.5 billion. Kate Bullivant hosts.
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Chair Jerome Powell still expects two rate cuts this year, amid “remarkably high” tariff uncertainty. Plus: Tesla shares rise after Cantor Fitzgerald raises its stock rating. And shares in some pharmaceutical companies fall after WSJ report that the Trump administration is considering drastic cuts to domestic HIV prevention. Danny Lewis hosts.
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Plus, Turkey detains Istanbul’s mayor and main rival of President Erdogan. Inflation in the Eurozone cooled more than expected in February. And what to watch for in Federal Reserve’s Chair Jerome Powell’s comments after the Fed's rates decision. Alex Ossola hosts.
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Plus: Fitch Ratings downgrades the outlook for U.S. and world economic growth. And, activist investor Starboard Value prepares to wage a proxy fight at Autodesk. Kate Bullivant hosts.
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A tech selloff and renewed turmoil in the Middle East pushed stocks lower. Plus: gold hits another record high. Nvidia shares fall after its CEO says artificial intelligence advancements will require more computing power than estimated. And Tesla shares fall further amid lower overseas demand and consumer backlash to Elon Musk’s political activities. Danny Lewis hosts.
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Plus, Google parent Alphabet has agreed to acquire cybersecurity startup Wiz for $32 billion. Nasdaq plans to open its second headquarters in Dallas, Texas. And Taiwan's military says it is banking on U.S. support to defend against China. Alex Ossola hosts.
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Plus: Google-parent Alphabet is in fresh talks to buy cybersecurity start-up Wiz. And Chinese EV-maker BYD unveils new 5-minute charging tech. Kate Bullivant hosts.
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Major stock indexes rose, with the Dow Jones Industrial Average advancing about 353 points. Plus: Netflix shares rise after analysts upgraded the streaming company’s stock. And PepsiCo shares advance after it agreed to acquire prebiotic soda brand Poppi for $1.95 billion. Pierre Bienaimé hosts.
Correction: The Dow rose 353 points. An earlier version of this podcast incorrectly said it rose 343 points. (Corrected on March 17)
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Plus: President Trump questions the validity of President Biden’s pardons. And Harvard is going tuition-free for families making up to $200,000. Pierre Bienaimé hosts.
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Plus: China’s economy gets off to a stronger than expected start in 2025. And, Baidu launches a new AI model in a challenge to Deepseek. Kate Bullivant hosts.
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