WSJ Minute Briefing

Plus: The Trump administration sues New York City over sanctuary policies. And Meta stops all political advertisements on its social platforms in the EU. Zoe Kuhlkin hosts. 

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Plus: Volkswagen lowers its financial guidance after earnings were hit by tariff costs. And, a U.S. regulator approves Skydance’s merger with Paramount Global. Azhar Sukri hosts. 

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But some large component stocks dragged on the Dow Jones Industrial Average, including UnitedHealth Group. The health conglomerate disclosed that it is cooperating with criminal and civil investigations by the U.S. Justice Department. Plus: Tesla shares slid after Elon Musk’s electric vehicle-maker said car sales continued to fall for another quarter. Danny Lewis hosts.

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Plus: Union Pacific and Norfolk Southern are in advanced discussions for a deal that could create the largest rail operator in the U.S. And the European Central Bank holds interest rates steady. Alex Ossola hosts. 

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Plus: Columbia University agrees to pay more than $200 million dollars to the federal government over allegations the school violated anti-discrimination laws. And, Hyundai Motor reports a 22% drop in profits from a year earlier amid higher U.S. tariffs. Kate Bullivant hosts. 

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U.S. stocks climb as European Union negotiates trade deal. Plus: AT&T gains more wireless and internet subscribers than expected. Hilton Worldwide posts better-than-projected results. Earnings forecast for Texas Instruments disappoints analysts. And Google parent Alphabet’s stock takes a hit after earnings report. Charlotte Gartenberg hosts.

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Plus, a probe finds that Klaus Schwab, the founder of the World Economic Forum, engaged in a pattern of misconduct. And the U.K.’s competition watchdog is proposing new guardrails on Apple and Google’s mobile platforms. Alex Ossola hosts. 

CORRECTION: Home sales in June fell to a nine-month low. An earlier version of this podcast incorrectly said home sales fell to a 10-month low.

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Plus: President Trump leverages global trade disputes to protect the interests of the U.S. technology sector. And, regulators investigate Morgan Stanley over whether it properly vetted its clients for money-laundering risks. Kate Bullivant hosts. 

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Shares in retailer Kohl's jumped as investors discussed whether it was the next meme stock. Coca-Cola reported mixed quarterly results. Philip Morris quarterly revenue missed forecasts. Lockheed Martin 's quarterly profit was hit by more than $1.7 billion in charges last quarter. And, General Motors saw net income shrink 35% last quarter, as tariffs weighed. Charlotte Gartenberg hosts.

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Plus: The Justice Department is looking to interview Ghislaine Maxwell, Jeffrey Epstein’s longtime associate. And Coca-Cola is giving President Trump what he wants: sweetening some of its drinks with cane sugar. Alex Ossola hosts. 

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