The Journal.

Dow Jones Audio

The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Gimlet Media and The Wall Street Journal.


United States


The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Gimlet Media and The Wall Street Journal.




Consumers Are Starting to Freak Out

Consumer spending accounts for roughly 70% of the economy. So when it slows, the U.S. economy risks a recession. Right now, U.S. consumers are spending less on groceries, travel and dining, breaking into their savings accounts, and putting more on their credit cards. To understand why consumers are pulling back, we sat down with one. Further Reading: - The U.S. Consumer Is Starting to Freak Out - Households Burn Through What’s Left of Their Pandemic Savings Further Listening: - What...


The Short Seller Costing the Adani Group Billions

Gautam Adani is ubiquitous in India. His energy and infrastructure conglomerate, the Adani Group, touches the lives of millions of Indians on a daily basis. But last month, Hindenburg Research, a U.S. short seller, alleged that the company was engaged in wide-ranging fraud. WSJ’s Shan Li explains a fallout that has cost Adani billions. Further Reading: - How Gautam Adani Made (and Could Lose) a $147 Billion Fortune - Adani Plans $1.1 Billion Loan Repayment After Share Collateral Plummets...


China’s Accidental Dissidents

Cao Zhixin and her friends went to a rally to honor people who died in a fire. Several weeks later, they were detained by Chinese authorities and now face years in prison. WSJ's Shen Lu explains why Beijing is cracking down on a new kind of protester. Further Reading: - In China, Young Women Become Accidental Symbols of Defiance - Under Xi Jinping, Women in China Have Given Up Gains - The Exposure of China’s ‘Bought Wives’ Further Listening: - China’s Biggest Protests in Decades - What the...


'Putin's Chef' Now Serving Up Gains for Russia in Ukraine

Russia’s invasion forces have tightened the noose around Bakhmut in eastern Ukraine with help from a paramilitary outfit called the Wagner Group. Heading the group is one of Russian President Vladimir Putin’s close confidants -- Yevgeny Prigozhin. WSJ’s Benoit Faucon explains why the Wagner Group has been drawing condemnation for its deployments in several global hotspots. Further Reading and Watching: - Wagner: How Russian Mercenaries Help Putin in Ukraine - Russia Tightens Grip Around...


Hacking the Hackers

For years, the U.S. government went after hackers by trying to arrest them. Now, they’re trying a new approach. WSJ’s Robert McMillan tells the story of how one of the world’s most infamous hacking groups, called Hive, got busted. Further Reading: - FBI Disrupts ‘Hive’ Ransomware Group Further Listening: - Hack Me if You Can - Why a Ransomware Group Is Pretending to Be a Real Company - Ransomware, a Pipeline and a Gas Shortage Learn more about your ad choices. Visit


Ukrainian President Zelensky's Fight Against Corruption

Ukrainian President Volodymyr Zelensky was originally elected on an anti-corruption platform. Over the last two weeks, he has removed nearly a dozen top officials. WSJ’s James Marson explains why Zelensky is trying to shore up Western confidence in his administration at a crucial moment in the war. Further Reading: -Ukraine’s Zelensky Removes Top Officials in Bid to Contain Corruption Scandals -Ukraine’s Zelensky Urges Faster Weapons Deliveries Amid Russian Push Further Listening: -The Man...


Why an Arctic Treasure Is Spurring Hope and Dread

North of the Arctic Circle, a Swedish mining company says it has located a coveted resource: Europe’s biggest cache of rare-earth minerals, elements used for making electronics and green technology. The deposit could be a blessing for the West, but WSJ’s Kim Mackrael explains that for Sweden’s indigenous Sami people, it also puts hundreds of years of tradition in peril. Further Reading: - Rare-Earth Find in Sweden Lifts Hope for Shift Toward Clean Energy Further Listening: - Diving Deep for...


Blackouts, Corruption and a Poisoned CEO

South Africa’s state-owned power company, Eskom, is struggling to keep the lights on in the country and is now looking for a new leader after its current CEO was poisoned. WSJ’s Alexandra Wexler on the difficult job of running Eskom. Further Reading: - South Africa Seeks State Power Chief After CEO Says He Was Poisoned Learn more about your ad choices. Visit


Why the DOJ Is Suing Google Again

The Department of Justice is seeking to break up part of Google’s digital advertising business. In a lawsuit filed Tuesday, the government says the tech giant has taken actions that ‘severely weaken, if not destroy competition in the ad tech industry.’ Google says the lawsuit is an attempt to pick winners and losers. WSJ’s Miles Kruppa discusses the DOJ’s case and the moves Google made to become a giant in the online advertising space. Further Reading: - DOJ Sues Google, Seeking to Break Up...


The Unraveling of Stitch Fix

Over the last year, fashion company Stitch Fix has lost 95% of its value as the company's attempts to expand beyond subscriptions floundered. WSJ columnist Laura Forman says the decline of Stitch Fix holds broader lessons for tech companies. Further Reading: - Stitch Fix’s Unraveling Should Sow Broader Tech Doubts Further Listening: - Shein Took Over Fast Fashion. Then Came the Backlash. Learn more about your ad choices. Visit


Tesla’s Big Price Cut

Tesla cut prices for some of its vehicles sold in the U.S. by nearly 20% earlier this month. WSJ’s Nora Eckert on what’s behind the price drop and what it means for the EV market. Further Reading: -Tesla’s Price Cuts Are Roiling the Car Market -What if Tesla Is…Just a Car Company? Further Listening: -GM’s All-Electric Bet -Will Americans Buy an Electric Truck? Learn more about your ad choices. Visit


What's Going on With Biden's Classified Documents?

On Friday, FBI investigators found more classified documents at President Joe Biden’s Delaware home. This is the latest in a series of searches that turned up classified material at a number of Biden's offices and homes. WSJ’s Annie Linskey discusses the search, and what it could mean for Biden’s presidency. Further Reading: - String of Classified Document Discoveries Seen Tarnishing White House - More Classified Documents Found at President Biden’s Delaware Home Further Listening: - Why FBI...


What the End of Zero-Covid Means for China

A month after China scrapped most of its zero-Covid restrictions, Omicron has spread rapidly. WSJ’s Brian Spegele explains that while some people are able to resume life as normal, infections have skyrocketed and medical facilities are stretched to their limits. Further Reading: - China’s Precarious Moment: Covid Everywhere and Few Restrictions - China Confronts First Lunar New Year Since Covid Lockdowns Ended - China’s Young Protesters Wrestle With How Far to Push: ‘We Don’t Want Covid...


Sam Bankman-Fried’s Big Investment: Bitcoin Mining in Kazakhstan

After the collapse of FTX, WSJ Reporter Eliot Brown wanted to find out where all the money went. He was surprised to discover that the biggest investment had been in a bitcoin mining company based in Kazakhstan. Further Reading: - Sam Bankman-Fried’s Supersized Bet: $1 Billion For A Bitcoin Miner On The Kazakh Steppe - FTX Says It Has Located More Than $5 Billion in Cash, Liquid Assets Further Listening: - The Charges Against FTX's Sam Bankman-Fried - ‘Do You Expect to Go to Prison?’: An...


Microsoft CEO Satya Nadella's Big Bet on AI

Microsoft CEO Satya Nadella speaks with WSJ Editor in Chief Matt Murray at the World Economic Forum in Davos, Switzerland, about the company’s artificial-intelligence ambitions and how tools like OpenAI’s ChatGPT could revolutionize the way we work. Further Reading and Watching: - Microsoft CEO Talks AI Integration and Leadership at Davos - Microsoft to Lay Off 10,000 Workers as Slowdown Hits Software Business Further Listening: - The Company Behind ChatGPT Learn more about your ad choices....


The Company Behind ChatGPT

ChatGPT was released only a few months ago but the artificial intelligence chatbot has already taken the internet by storm. WSJ’s Berber Jin tells the story of the company behind ChatGPT and how the world is responding to this technology. Further Reading: -The Backstory of ChatGPT Creator OpenAI -ChatGPT Creator Is Talking to Investors About Selling Shares at $29 Billion Valuation -Microsoft Plans to Build OpenAI, ChatGPT Features Into All Products Learn more about your ad choices. Visit...


Could This Be the End of Noncompetes?

The Federal Trade Commission wants to ban noncompete clauses in employment contracts. WSJ's Lauren Weber explains what these clauses are, the surprising number of workers they might affect, and how businesses are reacting. Further Reading: - Noncompete Clauses: What They Are and What to Know Before Signing Your Contract - FTC Proposes Banning Noncompete Clauses for Workers - The Noncompete Clause Gets a Closer Look Learn more about your ad choices. Visit


Miss Universe Is Now Owned by a Woman. Will It Change?

When a new Miss Universe is crowned this Saturday, she will be the first winner under new pageant owner Anne Jakrajutatip, a Thai businesswoman and transgender advocate. We talk to Jakrajutatip about her views on beauty and how she wants to transform the pageant. Further Reading: - Miss Universe Bought by Thai Businesswoman for $20 Million Learn more about your ad choices. Visit


The New Layoff: On a Wednesday On Zoom

Wednesday or Friday? In-person or via Zoom? As dozens of companies undergo layoffs, human resource executives are grappling with a lot of questions about how to let employees go and avoid public blowback. WSJ’s Chip Cutter walks us through the do’s and don’ts of layoffs. Further Reading: - The Debate Swirling Inside HR Departments: How to Lay Off Workers Further Listening: - What Will the Economy Look Like in 2023? Learn more about your ad choices. Visit


Why Protesters Rioted in Brazil’s Capital

Brazil is reeling after supporters of former right-wing president Jair Bolsonaro forced their way into several government buildings on Sunday. Many protesters called for military intervention to oust the newly-inaugurated leftist president, Luiz Inácio Lula da Silva. WSJ’s Luciana Magalhaes explains how the protests could undermine da Silva’s agenda. Further Reading: -Brazil Riots: The Aftermath of Pro-Bolsonaro Protests -Brazilian Investigators Home In on Suspects in Riot Financing...