WSJ Minute Briefing

Plus: Tech shares stage a partial recovery after Thursday’s selloff. And Volvo loses nearly a quarter of its market cap after announcing layoffs. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: American Express is cutting 3,500 jobs. And consumer sentiment fell slightly this month. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Luxury stocks sink amid signs a long-awaited rebound hasn’t materialized. And oil prices rise as Iran threatens a wider retaliation to any U.S. escalation. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Brent crude futures close at their highest price since May. And SpaceX stock falls more than 9%. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Procter & Gamble’s sales offset higher commodity costs. And elevated jet-fuel costs have American Airlines on track for another quarterly loss. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Another bout of AI jitters ripple through global markets. And consumer giant Nestle beats growth expectations despite headwinds from inflation and GLP1’s. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: AT&T shares fall as its core wireless-subscriber numbers and rising expenses disappointed investors. And Tesla and Meta report their latest earnings after the bell. Danny Lewis hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Russian authorities have released a 74-year-old American in a sign of warming ties between the Trump administration and Moscow. And AT&T raises its outlook, but shares fall on disappointing core wireless-subscriber numbers. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: French supermarket giant warns turmoil will hurt sales for the year. And the British government approves controversial natural gas production in the North Sea. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Brent crude prices fall below $109 a barrel. And in its second earnings report as a public company, SpaceX reported $14.6 billion in revenue—more than doubling from the same time last year. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The White House is launching a plan to pay for government fraud tips. And President Trump is announcing an $8 billion bailout for farmers ahead of the midterm elections. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Albertans vote overwhelmingly to remain in Canada. And Japan launches a spacecraft to explore Mars’s moons. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: French government bonds are selling off after nationwide protests over the weekend. And shares in the steel producer Cleveland-Cliffs stock soared as the company sells more steel products at higher prices. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter.An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Elon Musk says he’ll give each child in the U.S. one share of SpaceX. And steel producer Cleveland-Cliffs just had its best quarter in three years. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Russian President Vladimir Putin floats a summit with President Trump and Chinese leader Xi Jinping to discuss a Ukraine deal. And China’s surging exports power its economic growth in the third quarter. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Brent crude climbs to its highest level since May. And Tesla shares slip after the company unveils a thruster-equipped Tesla Roadster. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: France and Germany make deal to protect Europe’s struggling auto industry. And U.S. import prices rise for the second month in a row. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Commerce Secretary Howard Lutnick pours cold water on the idea of tariff relief for Mexican steel, aluminum and automobiles. And Kevin Warsh stays quiet on the Fed’s next rate move. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A flight to safer assets pushes down yields on the benchmark 10-year Treasury. And TSMC posts another record profit, but its American depositary receipts fall as part of a broader AI selloff. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: CoreWeave bonds continue to slump as investors question high borrowing costs’ effect on the artificial-intelligence investment boom. And the producer price index hits a four-year high. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The world’s largest contract chipmaker posts another record quarter. And Anthropic’s quarterly revenue surges as it prepares to list. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Treasury yields rose sharply after the CPI report, but the benchmark 10-year yield later dropped to 5.189%. And shares of software company Bending Spoons soars after Berkshire investment. Alexis Moore hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Netflix is the latest tech and entertainment company to have layoffs. And Iran is ramping up attacks on ships in the Strait of Hormuz. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: A fresh warning that diesel prices will remain high into 2027. And ASML boosts its guidance for a third time on insatiable chip demand. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Diesel futures rise to their highest level in two weeks. And Johnson & Johnson’s stock falls after the healthcare bellwether’s earnings report. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Big banks kick off the latest earnings season. And home sales rose in September. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Another AI company pulls its IPO plans. And the IMF warns the global economy is testing its limits. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Stocks are mixed today. And Bumble shares soar on news that it may go private at $1 billion valuation. Alexis Moore hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Ilhan Omar’s home is searched by federal agents. And two American professors win the Nobel Prize for their work on economic stability. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Deadly Houthi attacks on Saudi Arabia’s airports could draw the U.S. into another conflict. And a major pull back in China’s car market is having global ripple effects. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Oil prices remain high after reports of more strikes on vessels near the Strait of Hormuz. And telecom giants’ shares sink after SpaceX makes a big play to build a mobile network. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: a new study shows older Americans are the wealthiest group in the country. And Delta shares fall after the airline cuts its earnings outlook. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The Nobel Peace Prize goes to International Court of Justice Judge Navi Pillay. And a scrapped AI IPO sends jitters through tech stocks. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Marvell, Advanced Micro Devices, and other chip stocks were down after a Financial Times report raised questions about OpenAI's revenue. Plus: PepsiCo shares rose after the snacks and soda maker cut its earnings outlook for the year but said it saw improvement in its underperforming North American business. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: the U.S. is suspending Microsoft from a program allowing H-1B visa holders to apply for permanent residency. And Canadian poet Anne Carson wins the Nobel Prize in Literature. Alex Ossola hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Three fired OpenAI employees urge the company to work with outside safety auditors and preserve the ability to monitor AI models. And Samsung expects its operating profit for this quarter to be more than double what it made in all of 2025. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Stocks inch lower. And SpaceX stock fell after reports that Elon Musk’s rocket and AI company was looking to raise $40 billion to buy chips from Nvidia. Alexis Moore hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: U.S. Treasurys are selling off again. And the Nobel Prize for Chemistry goes to researchers whose work became key in the development of modern pharmaceuticals. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The French government says it is willing to bypass the country’s parliament to pass billions in spending cuts amid nationwide protests. And S&P 500 and Nasdaq futures hover near record highs. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Brent crude is trading at around $100 a barrel, as traders weigh an uptick in shipments through the Strait of Hormuz against Iran’s attempts to interfere with flows. And Option Care Health saw its stock soar more than 30%; private-equity firm CD&R and healthcare services provider McKesson are buying the company. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Wall Street bonuses are on track to hit a record high in 2026. And a former German spy chief has been arrested on suspicion of espionage. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Student protests in France call for more government spending, just as France’s ballooning budget roils markets. And Saudi Arabia dials up its attacks on Houthi rebels in a bid to dislodge the fighters from a strategic port. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Brazilian stocks are up after first-round election results. And U.S. industrial-software maker PTC is the S&P 500’s top performer. Alexis Moore hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: The U.S. Supreme Court begins its new term. And former Republican House Speaker Dennis Hastert has died. Danny Lewis hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: A new wave of attacks on vessels around the Strait of Hormuz is threatening a recovery in Middle Eastern oil exports. And the International Chamber of Commerce warns that shipping disruptions in the Strait of Hormuz could lead to a global food security crisis. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Treasury yields end higher. And Tesla shares jump after falling sales still beat analyst expectations. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: G-7 nations agree to release 100 million barrels of diesel and crude oil to help bring prices down. And leaders of the UAE and Israel call this week’s pilot attack on the Israel-bound FlyDubai plane an act of terrorism. Alex Ossola hosts.Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Volvo pulls its guidance amid dismal car sales in China. And Nike downsizes after two straight quarters of falling revenue. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors have started picking between winners and losers among the debt of different developed countries. Plus: Shares in toymaker Mattel soar nearly 20% after the Journal reported it recently attracted takeover interest from Authentic Brands Group. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus: Hoping to calm investors, France outlines tens of billions of euros in spending cuts. And Accenture shares jumped around 20% after the consulting company said AI was driving client spending. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.