The Journal.

The world’s largest crypto exchange suffered the biggest crypto hack in history last week. In just 20 minutes, criminals made off with at least $6.3 billion from Binance. The speed and scale of the heist has left the crypto industry reeling. WSJ’s Patricia Kowsmann explains how the hack happened, who did itand the questions it raises about the safety of crypto. Imani Moise hosts.

Further Listening:

- The Crypto President: Part 1

- Severed Fingers and Wrench Attacks: A New Era in Crypto Crime

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

In this year’s midterm election, voters in California will decide on a ballot initiative proposing a one-time, 5% tax on the net assets of California residents worth more than $1 billion. Most of California’s billionaires oppose the tax. But unexpectedly, many of the state’s Democrats and unions are also against it. WSJ’s Laura Nelson reports on why support for the wealth tax has been so fractured when so many Democrats say they’re in favor of higher taxes on the ultrarich. Ryan Knutsonhosts.

Further Listening:

- The Rise of the World’s First Trillionaire

- Why Billionaires Are Giving Money to Kids

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

There’s been a big sell off in tech stocks this week, as investors question tech companies’ massive spending on AI. This comes days after Anthropic secured a record-breaking $63 billion deal with Broadcom to finance more chip purchases. WSJ’s Alexander Saeedy explains the deal and why it's getting increasingly difficult for AI companies to raise money. Ryan Knutson hosts.

Further Listening:

- A Sneak Peek Into Anthropic’s Business

- Red, White and Who? The Anti-AI Voters

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

A growing number of tech billionaires are pledging cash and stocks to American children through the federal government’s Trump Accounts. WSJ’s Konrad Putzier and Erich Schwartzel explain what’s driving this new trend in philanthropy. Imani Moisehosts.

Further Listening:

California Billionaires Are Freaking Out Over a New Tax Proposal

The Rise of the World’s First Trillionaire

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The studio behind the documentary “You Can See Everything” is A24. It’s an independent company with a reputation for critically acclaimed movies that fills theaters. Young audiences trust that an A24 release will be as relevant for them as a Disney movie is for families. WSJ’s Ben Fritz explains why. Ryan Knutsonhosts.

Further Listening:

- These Movies Finally Got Gen Z Into Theaters

- Why Hollywood Can't Find Good Scripts

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

“Red, White and Who?” The Journal’s election mini-series is back to cover the midterms. Every Wednesday, Ryan Knutson talks with reporters around the country about issues important to voters.

This week: Progressive candidates have been winning political offices across the country, mostly in blue areas. Many think they’re the future of the Democratic Party. But in these midterms, they face one of their first big tests. Can Abdul El-Sayed win the Senate race in Michigan, a battleground state that went for Trump two years ago? WSJ’s John McCormick spoke to voters about El-Sayed, progressive politics and whether key democratic voters will turn out for him.

Further Listening:

- Red, White and Who? The Swing Voters in South Texas

- Red, White and Who? The Inflation Election

- Red, White and Who? The Anti-AI Voters

Sign up for WSJ’s Politics newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The 2026 midterm cycle is the most expensive election in American history. At a time when huge sums of campaign money are flowing into races across the country, federal oversight has weakened. WSJ’s Maggie Severns explains where the influx of election cash is coming from and why the regulator charged with monitoring campaign funding is struggling to do its job. Ryan Knutson hosts.

Further Listening:

- Red, White and Who? The Swing Voters in South Texas

- Red, White and Who? The Inflation Election

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The real estate brokerage Compass sells many homes through private listings. But that strategy has received a lot of criticism. After a major acquisition earlier this year, Compass is now a behemoth in the industry, and private listings are becoming more common. WSJ's Katherine Clarke explains how Compass’s strategy is causing drama in the real estate industry. Imani Moise hosts.

Further Listening:

- Compass vs. Zillow: The Real Estate Wars

- A Case of Conspiracy in Real Estate

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

This past weekend, mayhem broke out alongside peaceful demonstrations in France. What started as a protest over school resources spiralled into anger over potential big cuts to social services. For years the country had a high appetite for borrowed money taken out at low interest rates. But today France is facing a fiscal reckoning as more than $1 trillion of that debt will come due by 2030. WSJ’s Stacy Meichtry explains how France’s debt bomb contributed to the unrest. Ryan Knutson hosts.

Further Listening:

- Germany’s Economy Is Broken. There’s No Plan B.

- Will France Elect a Far-Right President?

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

On Tuesday, OpenAI employee Abdulrahman Alfozan was charged with planting a recording device behind a conference room TV at its San Francisco headquarters. Imani Moisetalks to WSJ’s Maxwell Zeff aboutthe case, the suspect and why tech leaders are concerned about corporate espionage.

Further Listening:

- Apple vs. OpenAI

- Inside a Debate at OpenAI Over Mass Shootings

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Anthropic is preparing for what could be one of the biggest IPOs in history. WSJ's Anissa Gardizy got a look at a draft of the company's S-1. It reveals soaring revenue, a business heavily reliant on a few customers and a long list of risk factors, including the possibility of a catastrophic AI incident. Ryan Knutson hosts.

Further Listening:

- The Great AI Freakout Has Begun

- A Data Center Offered $26 Million for Her Land. She Said No.

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

“Red, White and Who?” The Journal’s election mini-series is back to cover the midterms. Every Wednesday, Ryan Knutson talks with reporters around the country about issues important to voters.

This week: In 2024, President Trump made historic gains with voters in South Texas, especially Latinos. Now, many of these same voters are souring on the president and his party and considering swinging to Democrats in this year’s midterms. WSJ’s Elizabeth Findell and producer Matt Kwong talk to voters there about Trump, the senate race between James Talarico and Ken Paxton, and the issues that matter to them.

Further Listening:

- Red, White and Who? The Inflation Election

- Red, White and Who? The Anti-AI Voters

Sign up for WSJ’s Politics newsletter.

Illustration: James Walton

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

President Trump’s stance in the Russia-Ukraine conflict is evolving. In recent weeks, the Trump administration has made a series of decisions that critics say favor Russia. In response, Ukrainian President Volodymyr Zelensky decided to publicly confront Trump over the shift. WSJ’s Marcus Walker reports on what’s behind the shift and how the midterms factor in. Ryan Knutson hosts.

Further Listening:

- An Exclusive Interview With Ukraine’s President Zelensky

- Inside the U.S. Deal to Get Venezuela’s Oil

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

President Donald Trump has put a lot on Treasury Secretary Scott Bessent’s plate, from handling trade talks with China to overseeing sanctions on Iran. Meanwhile, tensions inside the Treasury are high. After interviews with former and current officials in the Trump administration, WSJ’s Brian Schwartzreports on how Bessent's behavior and leadership approach is impacting the Treasury. Kate Linebaugh hosts.

Further Listening:

-How the Bond Market Will Affect Your Wallet

- Let’s Talk Bonds. Treasury Bonds.

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Gayle King has been on TVs across America for decades and is currently a co-host of “CBS Mornings.” In the final episode of My Monday Morning, a new Journal video series inspired by the longstanding column of the same name, Lane Florsheim sits down with Gayle to talk about her love of a good bubble bath, the time she panicked and told room service she was ordering for two and why, at 71, she’s aiming to live to at least 90.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

When Jimmy Buffett died in 2023 he had set up a $275 million trust, naming his widow Jane as the sole beneficiary. Now, as WSJ’s Katherine Sayre reports, the family and Buffett’s former business manager are locked in a legal dispute over that Margaritaville fortune. Ryan Knutson hosts.

Further Listening:
- The Case of the Missing $15 Billion Fortune: Part 1
- The Case of the Missing $15 Billion Fortune: Part 2

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Americans are more upset than ever about the economy as inflation continues to rise. But even so, consumers keep spending. WSJ’s Jeanne Whalen explains why U.S. shoppers are so unstoppable. Ryan Knutson hosts.

Further Listening:

- Red, White and Who? The Inflation Election

- Inflation Forces the Fed’s Hand

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

After the White House asked her to step down, Kimberly Guilfoyle resigned from her position as the U.S. Ambassador to Greece. A Wall Street Journal investigation laid out a series of text messages in which Guilfoyle asked a conservative supporter for a payment of $100,000 to her American Express account. WSJ’s Dana Mattioli reports on the messages that led to Guilfoyle’s fall. Imani Moise hosts.

Further Listening:

Jared Kushner’s Albania Headache: Flamingos, Contested Land and Cocaine

Kristi Noem’s $200 Million Mistake

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

“Red, White and Who?” The Journal’s election mini-series is back to cover the midterms. Every Wednesday for the next five weeks, Ryan Knutson talks with reporters around the country about issues important to voters.

This week: President Trump's focus on the economy helped clear his way to the White House in 2024. But two years later, Trump initiatives like the war in Iran and global tariffs, have made life more expensive for voters. WSJ's Eliza Collins and producer Pierce Singgih visited a suburb in Arizona, home to one of the most competitive House races in the country, to see how voters feel about the economy and Republican party in 2026.

Further Listening:

- Red, White and Who? The Anti-AI Voters

Sign up for WSJ’s Politics newsletter.

Illustration: James Walton

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The smart ring company Oura has grown quickly. Its wearable tech seems to be everywhere: in slick ad campaigns, on celebrities’ social media, and on the fingers of regular people hoping to improve their health. Yet when Oura tried to go public late last month, it couldn’t find enough buyers. So the company stalled its listing. WSJ’s David Wainer explains what this delay reveals about investors’ appetites. Imani Moise hosts.

Further Listening:

- The Great IPO Frenzy of 2026

- $25 Billion to Zero: Bill Ackman’s Bungled IPO

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices