WSJ What’s News

Oil Prices Have Fallen. So Why Haven’t Airfares?

P.M. Edition for July 7. Airlines raised prices after the Iran war to cover rising fuel costs. Now, fuel prices have fallen, but travelers may find that their ticket price hasn’t. Journal reporter Alison Sider explains. Plus, the Trump administration revokes a waiver that allowed Iran to sell oil after recent attacks in the Strait of Hormuz, threatening to unravel a shaky peace deal. And artificial intelligence companies like OpenAI and Anthropic want businesses to buy their cutting-edge products. Now they’re sweetening the deal with discounts. We hear from WSJ reporter Berber Jin about just how lucrative these credits are for the Silicon Valley startups using them. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

NATO Allies Announce Billions in New Spending to Placate Trump

A.M. Edition for July 7. As President Trump heads to Turkey for a NATO summit, Brussels Bureau Chief Daniel Michaels says the alliance is rushing to find replacements for the bombers, warships and soldiers that Washington says member nations can no longer rely on in a crisis. Plus, Democratic Party leaders urge Graham Platner to quit the Maine Senate race, a key path to winning a Senate majority in November. And as SpaceX joins the Nasdaq-100, WSJ markets reporter Hannah Erin Lang says investors in index trackers are exposed to Elon Musk’s rocket company whether they like it or not. Daniel Bach hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Khamenei Funeral Is a Show of Defiance Against the U.S.

P.M. Edition for July 6. Crowds thronged the streets of Tehran today as part of the week of funeral events for Ali Khamenei, Iran’s Supreme Leader killed by the U.S. and Israel at the start of the war. WSJ Middle East correspondent Benoit Faucon discusses how Iran is using the funeral as a demonstration of its defiance–potentially complicating peace negotiations. Plus, we’re exclusively reporting that Klaus Schwab, the founder of the World Economic Forum that puts on Davos, is making a comeback bid. And the “Trump Accounts” for kids are now live. We hear from the Journal’s Elyse Goncalves about who should get one, even if it doesn’t come with $1,000 of seed money from the government. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

How the White House Overturned a World Cup Red Card

A.M. Edition for July 6. European leaders are preparing for the latest test in a fractured relationship with the Trump administration. Ahead of this week’s NATO summit, WSJ senior reporter Drew Hinshaw has the inside scoop on months of secret meetings between allies looking to decouple from the U.S. Plus, WSJ autos reporter Stephen Wilmot explains how strong battery performance could change American views on electric vehicles. And the World Cup gets political - as President Trump intervenes. Daniel Bach hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why a Hot U.S. Job Market Cooled in June

P.M. Edition for July 2. The U.S. economy added fewer jobs than expected in June, changing investors’ expectations for a July interest-rate hike. We hear from Journal economics reporter Harriet Torry about a missing World Cup bump in hospitality jobs. Plus, WSJ energy reporter Jennifer Hiller explains how heat waves are taxing the U.S. electric grid. But at least we have AC. High temperatures across the Atlantic are making some Europeans reconsider their longstanding rejection of air conditioning. And after months of sluggish performance, Tesla sales jumped in the second quarter. Alex Ossola hosts. Video: Trump Loyalty Demands Set Stage for Tense NATO Summit   Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices