A.M. Edition for April 18. Secretary of State Marco Rubio says Washington has presented Kyiv and Moscow with a framework deal to end their war, but that the clock is ticking for both to act before the U.S. shifts its diplomatic priorities elsewhere. Plus, President Trump signals that China, the EU and Japan could all reach trade deals with Washington. And WSJ Heard on the Street tech columnist Dan Gallagher breaks down Netflix’s latest earnings, in which the streaming giant posted a record profit and showed little sign of being dragged down by tumult in global markets. Luke Vargas hosts.

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P.M. Edition for April 17. In a post on social media and in comments from the Oval Office, President Trump expressed his displeasure with Fed Chair Jerome Powell. But can Trump actually fire him? WSJ chief economics commentator Greg Ip discusses an upcoming Supreme Court decision that might tilt the scales. Plus, a federal judge has ruled that Alphabet’s Google created an illegal monopoly that allowed it to control parts of the online advertising industry. And private equity, one of Wall Street’s most consistent fee generators, is in danger. Reporter Miriam Gottfried tells us what’s going on, and what it would take to get private equity back on track. Alex Ossola hosts.

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A.M. Edition for April 17. Chip giant TSMC beat quarterly earnings estimates today, posting a 60% jump in profits. But can the stars of the semiconductor industry sustain their momentum as Washington limits what can be exported to China and mulls new chip tariffs? UBS head of Taiwan research Randy Abrams weighs in. Plus, Japan and Italy try to find common ground with the White House on trade. And WSJ markets reporter Chelsey Dulaney explains why the dollar’s recent slide is becoming the rest of the world’s problem. Luke Vargas hosts.

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P.M. Edition for April 16. Federal Reserve Chair Jerome Powell warned today that the central bank could face difficult trade-offs in trying to cushion the U.S. economy from the fallout of President Trump’s trade war. His comments deepened a rout on tech stocks, fueled by trade restrictions on chipmaker Nvidia. We speak to WSJ Heard on the Street columnist Asa Fitch about what the rules mean for the company’s relationship with Wall Street. And research projects go on pause at Harvard after the Trump administration said it would stop more than $2 billion in federal grant money. WSJ science reporter Nidhi Subbaraman discusses the implications for researchers and the university writ large. Alex Ossola hosts.

How Harvard Ended Up Leading the College Fight Against Trump

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A.M. Edition for April 16. The Trump administration intends to use tariff negotiations with more than 70 countries to push them to limit China’s involvement in their economies. WSJ Southeast Asia bureau chief Gabriele Steinhauser discusses how that is likely to go over in countries used to balancing relations with Washington and Beijing. Plus, reporter Benoît Morenne explains how tariffs are rippling through energy markets. And a federal judge demands answers from the government about a wrongfully deported Maryland man, setting up the biggest test yet of judges’ authority to rein in the administration’s actions. Luke Vargas hosts.

Check out our special series on how China’s trillion-dollar infrastructure plan is challenging the West. 

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P.M. Edition for April 15. The Task Force to Combat Anti-Semitism is a cross-government group with unprecedented leverage to push for change at elite U.S. universities. WSJ higher education reporter Sara Randazzo tells us about the group, and how universities are responding to it. Plus, Beijing has told Chinese airlines not to place new orders with Boeing, the U.S.’s largest exporter. We hear from WSJ Heard on the Street columnist Jon Sindreu about what this means for Boeing’s business. And big-bank earnings for the first quarter showed that U.S. consumer spending remained resilient, despite economic uncertainty. Alex Ossola hosts.

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A.M. Edition for April 15. The Trump administration freezes billions in funding for Harvard University, after the school said it would resist demands to change its governance structure over antisemitism concerns. Plus, confusion in Detroit as automakers struggle to claim tariff relief on U.S.-sourced products. And Chinese leader Xi Jinping heads overseas, pitching stability to Asian countries facing high reciprocal tariffs from Washington. WSJ reporter Austin Ramzy explains what Beijing can realistically offer amid broader trade tensions. Luke Vargas hosts.

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P.M. Edition for April 14. The U.S. administration is backing away from cases involving foreign bribery, public corruption, money laundering and crypto markets. WSJ reporter Dave Michaels says the administration is effectively redefining what business conduct constitutes a crime. And WSJ reporter Peter Grant says Trump’s appetite for tariffs is threatening a post-Covid bounce for the U.S. office space market. Plus, what’s at stake for Meta Platforms—which owns Instagram and WhatsApp—in its antitrust trial brought by the Federal Trade Commission. Pierre Bienaimé hosts.

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A.M. Edition for April 14. Global stocks rise after a Friday filing showed that smartphones, computers and other categories of tech products will be exempt from sweeping tariffs imposed earlier this month. WSJ markets reporter Caitlin McCabe surveys how equities are responding. Plus, data news editor Anthony DeBarros breaks down the Journal’s latest survey of economists, which featured an unusual lack of consensus about future U.S. growth prospects. And a Trump official who oversaw the closure of USAID has left the State Department. Luke Vargas hosts.

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Amid doubts about Washington’s commitment to defending its allies, countries in Europe and elsewhere are asking whether America’s nuclear umbrella offers enough protection from Russia and countries looking to build their arsenals, such as North Korea and Iran. WSJ reporter Laurence Norman and Marion Messmer, senior research fellow at Chatham House, discuss what might drive some countries to seek the protection of others or consider building their own nukes. Then, Debak Das, assistant professor at the University of Denver, shares the proliferation risks of a renewed arms race, and what the process of actually building a nuclear program could look like. Luke Vargas hosts.

Further Reading 

Trump Prompts European Calls for a Homegrown Nuclear Umbrella

The Bomb Is Back as the Risk of Nuclear War Enters a New Age 

Trump’s Embrace of Putin Has Germany Thinking of Nuclear Weapons 

Iran Has Enough Highly Enriched Uranium for Six Nuclear Weapons 

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