WSJ What’s News

What do investors think of Kraft Heinz’s plan to split its business in two? And how is Macy’s turnaround affecting its stock? Plus, Tesla shareholders will be voting on CEO Elon Musk’s potential $1 trillion pay package, so how are they viewing it right now? Host Francesca Fontana [https://www.wsj.com/news/author/francesca-fontana?mod=WSJ_WNPOD] discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter [https://www.wsj.com/newsletters/markets-am?mod=WSJ_WNPOD]. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

P.M. Edition for Sept. 5. The latest jobs report fell far short of expectations [https://www.wsj.com/economy/jobs-report-august-2025-unemployment-economy-0901d8a7?mod=WSJ_WNPOD]—raising new questions about the strength of the U.S. labor market. WSJ economics reporter Rachel Ensign [https://www.wsj.com/news/author/rachel-louise-ensign?mod=WSJ_WNPOD] tells us how the Federal Reserve might respond. Plus, federal agents swept a Georgia Hyundai battery plant, arresting hundreds in an immigration raid [https://www.wsj.com/us-news/u-s-arrests-hundreds-in-raid-at-hyundai-plant-construction-site-in-georgia-4e150feb?mod=WSJ_WNPOD]. WSJ Korea bureau chief Tim Martin [https://www.wsj.com/news/author/timothy-w-martin?mod=WSJ_WNPOD] joins to discuss what this means for the future of the South Korean company in the U.S. Finally, Tesla’s board is seeking investor approval for a pay package worth as much as $1 trillion [https://www.wsj.com/tech/tesla-board-proposes-musk-pay-package-worth-as-much-as-1-trillion-over-decade-6bc5e449?mod=WSJ_WNPOD] in stock for CEO Elon Musk. WSJ business reporter Theo Francis [https://www.wsj.com/news/author/theo-francis?mod=WSJ_WNPOD] lays out the details of this potential pay deal. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

A.M. Edition for Sept. 5. Analysts expect further weakening in the labor market [https://www.wsj.com/livecoverage/jobs-report-august-stock-market-today-09-05-2025?mod=WSJ_WNPOD]. As WSJ economics reporter Justin Lahart [https://www.wsj.com/news/author/justin-lahart?gaa_at=eafs&gaa_n=ASWzDAh4uCnTpwgk3JF7KTO2BUP7oo1jp17BsYDjPjKbii5px4BcpEdXRcWQhJTL47I%3D&gaa_ts=68bab31c&gaa_sig=gkPyDGm2xZx7kmZOnXRKTgczZjvDMQUssM1pKkKnTz1bwOwtaCqKx3oPWNPt2sNwMuU0ZWGwfohLZFZHpIMgQw%3D%3D] explains, that’s raising concerns about the U.S. economy stalling out. Plus, tech titans including Mark Zuckerberg, Bill Gates and Tim Cook praise President Trump’s focus on innovation and AI [https://www.wsj.com/politics/trump-tech-ceo-rose-garden-dinner-1fee2de3?mod=WSJ_WNPOD] at a White House dinner. And goodbye Department of Defense, as Trump moves to rename the Pentagon [https://www.wsj.com/politics/national-security/trump-to-sign-order-calling-pentagon-the-department-of-war-f68d88d6?mod=WSJ_WNPOD]. Azhar Sukri hosts. Sign up for the WSJ’s free What’s News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

P.M. Edition for Sept. 4. Health Secretary Robert F. Kennedy Jr. faced a skeptical Senate committee [https://www.wsj.com/politics/policy/rfk-jr-hearing-takeaways-d738be09?mod=WSJ_WNPOD] during a hearing today. WSJ national politics reporter Sabrina Siddiqui [https://www.wsj.com/news/author/sabrina-siddiqui?mod=WSJ_WNPOD] joins to discuss the impact of the at times combative hearing. And the Justice Department opens a criminal investigation [https://www.wsj.com/politics/policy/lisa-cook-justice-department-probe-e7e801a6?mod=WSJ_WNPOD] into Fed governor Lisa Cook. We hear from Brian Schwartz [https://www.wsj.com/news/author/brian-schwartz?mod=WSJ_WNPOD], who covers White House economic policy for the Journal, about what the investigation means for the Fed. And some of the biggest corporate deals of the year… are breakups [https://www.wsj.com/finance/the-years-buzziest-deals-are-corporate-breakups-ec0d926b?mod=WSJ_WNPOD]. WSJ lead deals reporter Lauren Thomas [https://www.wsj.com/news/author/lauren-thomas?mod=WSJ_WNPOD] discusses why some companies are splitting up, and what impact that might have. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

A.M. Edition for Sept. 4. Treasury Secretary Scott Bessent says delaying a ruling until June 2026 - the end of the court’s next term - could result in up to $1 trillion [https://www.wsj.com/politics/policy/trump-administration-seeks-swift-supreme-court-review-on-tariffs-5e71b4d9?mod=WSJ_WNPOD] in tariff impacts. WSJ’s Quentin Webb [https://www.wsj.com/news/author/quentin-webb?gaa_at=eafs&gaa_n=ASWzDAhQexm7RbqYne7ock-b1EQd4U7dZY3mZ7vIJ9GcGBh3GkYZHnk6yryGUqUW4lk%3D&gaa_ts=68b93946&gaa_sig=syXCcyBZ2HmncG5a8iFoD_96xAVUdcJIjaD-U5Y-AYxBNb1ojzNz-fI_n1K02vdMwSUyV4EzUwq5S8E7x0nl9w%3D%3D] says the legal back and forth is being closely watched by investors. Plus, Health Secretary Robert F. Kennedy Jr. faces fresh senate scrutiny [https://www.wsj.com/politics/policy/rfk-jr-cdc-changes-future-e11f8b43?mod=WSJ_WNPOD] as he attempts to radically remake the Centers for Disease Control and Prevention. And a federal judge rules that the administration’s $2.2 billion in funding cuts [https://www.wsj.com/us-news/education/harvard-ruling-trump-court-funding-8cc5026c?mod=WSJ_WNPOD] to Harvard University are unconstitutional. Azhar Sukri hosts. Sign up for the WSJ’s free What’s News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]