WSJ What’s News

P.M. Edition for June 25. Talks between Shell and rival BP are in their early stages, according to people familiar with the matter, but a tie-up would be the largest oil deal in a generation [https://www.wsj.com/business/energy-oil/shell-in-early-talks-to-acquire-rival-bp-2233591a?mod=WSJ_WNPOD]. WSJ reporter Ben Dummett [https://www.wsj.com/news/author/ben-dummett?mod=WSJ_WNPOD] discusses what each company would get out of a deal. Plus, Wall Street is panicking [https://www.wsj.com/finance/investing/wall-street-panics-over-prospect-of-a-socialist-running-new-york-city-da7db7e4?mod=WSJ_WNPOD] after Democratic Socialist Zohran Mamdani won the Democratic primary for New York City mayor. We hear from reporter Kevin Dugan [https://www.wsj.com/news/author/kevin-t-dugan?mod=WSJ_WNPOD] about what Wall Street is worried about. And the war between Israel and Iran has revived China’s interest in a pipeline [https://www.wsj.com/world/china-russia-gas-pipeline-iran-conflict-e19523b3?mod=WSJ_WNPOD] that would import Russian natural gas. WSJ foreign correspondent Georgi Kantchev [https://www.wsj.com/news/author/georgi-kantchev?mod=WSJ_WNPOD] weighs in on the geopolitical impact of such a move. Alex Ossola hosts. Sign up for the WSJ's free What's News newslette [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD]r.  Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

A.M. Edition for June 25. An initial damage assessment [https://www.wsj.com/world/middle-east/u-s-strikes-set-back-iran-nuclear-program-by-a-few-months-initial-report-says-db9373ad?mod=WSJ_WNPOD] prepared by the Defense Intelligence Agency finds that weekend strikes by the U.S. on Iran’s nuclear facilities only delayed Tehran’s ambitions by a few months. WSJ Middle East correspondent Jared Malsin [https://www.wsj.com/news/author/jared-malsin?mod=WSJ_WNPOD] tells us what we know about the U.S. strikes’ impact. Plus, Zohran Mamdani deals a major blow to the Democratic establishment, topping Andrew Cuomo [https://www.wsj.com/politics/elections/nyc-mayor-democratic-primary-preliminary-results-5fac0c90?mod=WSJ_WNPOD] in New York’s mayoral primary. And we look at a landmark copyright ruling [https://www.wsj.com/tech/ai/anthropic-lands-partial-victory-in-ai-case-set-to-shape-future-rulings-e3560114?mod=WSJ_WNPOD] set to reverberate across the AI industry. Luke Vargas 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 June 24. Israel says its airports were returning to full activity and it was lifting restrictions on civilian movements, after President Trump responded angrily [https://www.wsj.com/livecoverage/iran-israel-us-latest-news?mod=WSJ_WNPOD] to earlier exchanges of fire aft er the U.S.-brokered truce went into effect. Plus, Federal Reserve Chair Jerome Powell reaffirms his wait-and-see posture on rate cuts [https://www.wsj.com/economy/central-banking/fed-chair-jerome-powell-congress-08eab6cd?mod=WSJ_WNPOD]. WSJ chief economics correspondent Nick Timiraos [https://www.wsj.com/news/author/nick-timiraos?mod=WSJ_WNPOD] discusses the role that a rift within the central bank could play in its next moves. And a bill passed by the Senate last week opens the door to stablecoins being used in consumer payments. We hear from the co-host of WSJ’s Take on the Week podcast and Heard on the Street writer Telis Demos [https://www.wsj.com/news/author/telis-demos?mod=WSJ_WNPOD] about whether they might become an alternative to credit cards [https://www.wsj.com/finance/banking/visa-mastercard-stablecoin-crypto-21e37f84?mod=WSJ_WNPOD]. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter [P.M.%20Edition%20for%20June%2024.%20Israel%20says%20its%20airports%20were%20returning%20to%20full%20activity%20and%20it%20was%20lifting%20restrictions%20on%20civilian%20movements,%20after%20President%20Trump%20responded%20angrily%20to%20earlier%20exchanges%20of%20fire%20after%20the%20U.S.-brokered%20truce%20went%20into%20effect.%20%20Plus,%20Federal%20Reserve%20Chair%20Jerome%20Powell%20reaffirms%20his%20wait-and-see%20posture%20on%20rate%20cuts.%20WSJ%20chief%20economics%20correspondent%20Nick%20Timiraos%20discusses%20the%20role%20that%20a%20rift%20within%20the%20central%20bank%20could%20play%20in%20its%20next%20moves.%20And%20a%20bill%20passed%20by%20the%20Senate%20last%20week%20opens%20the%20door%20to%20stablecoins%20being%20used%20in%20consumer%20payments.%20We%20hear%20from%20the%20co-host%20of%20WSJ%E2%80%99s%20Take%20on%20the%20Week%20podcast%20and%20Heard%20on%20the%20Street%20writer%20Telis%20Demos%20about%20whether%20they%20might%20become%20an%20alternative%20to%20credit%20cards.%20Alex%20Ossola%20hosts.%20%20Sign%20up%20for%20the%20WSJ's%20free%20What's%20News%20newsletter.].  Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

A.M. Edition for June 24. After a week and a half of fighting, Israel and Iran say they’ve agreed to a cease-fire [https://www.wsj.com/livecoverage/iran-israel-us-latest-news?mod=WSJ_WNPOD]. Journal deputy Middle East bureau chief Shayndi Raice [https://www.wsj.com/news/author/shayndi-raice] says despite the deal being confirmed by President Trump on social media yesterday evening [https://www.wsj.com/world/middle-east/trump-says-iran-gave-early-notice-of-missile-attack-seeking-to-de-escalate-conflict-1be3678c?mod=WSJ_WNPOD], fresh missile attacks by Iran are raising questions about its longevity. Plus, NATO allies [https://www.wsj.com/politics/national-security/nato-defense-systems-drones-hacking-e8ca97f1?mod=WSJ_WNPOD] look set to more than double defense spending as they meet in The Hague today. And banks are hiking fees [https://www.wsj.com/finance/investing/jpmorgan-chase-american-express-premium-credit-card-fee-d02f9d0d?mod=WSJ_WNPOD] on their most exclusive credit cards, testing the limits of loyal customers. Luke Vargas 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 June 23. President Trump said the U.S. received advance notice of Iran’s attack and thatno Americans were harmed and little damage was sustained. Trump indicated that he believed the attack wouldn’t escalate the crisis in the region [https://www.wsj.com/livecoverage/iran-israel-us-latest-news?mod=WSJ_WNPOD]. WSJ national security reporter Lara Seligman [https://www.wsj.com/news/author/lara-seligman?mod=WSJ_WNPOD] joins to discuss how the U.S. might respond. Plus, investors prepare for the possibility that Iran could close the Strait of Hormuz [https://www.wsj.com/business/energy-oil/iran-has-an-oil-card-to-play-so-does-the-u-s-45340efe?mod=WSJ_WNPOD], the world’s main energy shipping artery. We hear from WSJ investing columnist Spencer Jakab [https://www.wsj.com/news/author/spencer-jakab?mod=WSJ_WNPOD] what impact this would have on oil prices and inflation. And fewer Chinese companies [https://www.wsj.com/finance/stocks/china-businesses-us-stock-exchange-07830014?mod=WSJ_WNPOD] are listing on U.S. stock exchanges. James Areddy [https://www.wsj.com/news/author/james-t-areddy?mod=WSJ_WNPOD] covers Chin a for the Journal and explains how the U.S.-China relationship fits into it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter [https://www.wsj.com/newsletters/whats-news?mod=WSJ_WNPOD].  Sign up for the Markets A.M. Newsletter [https://www.wsj.com/newsletters/markets-am?mod=article_inline?mod=WSJ_WNPOD] by Spencer Jakab  Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]