On Wednesday, U.S. debt crossed $40 trillion for the first time, a milestone that economists say underscores an unsustainable fiscal trajectory, even if it doesn’t immediately hamstring the…
Matt Grossman has appeared on 5 podcast episodes in our AI-summarized catalog, including WSJ What’s News. Every appearance below has a free 5-minute AI summary.
“It can still be a frustrating labor market if you're someone who is looking for a job and you've been on the sidelines for a long time. Stagnating wage growth is coming at a time when expenses are rising, and obviously that's a really challenging combination.”
— WSJ economics reporter Matt Grossman
On Wednesday, U.S. debt crossed $40 trillion for the first time, a milestone that economists say underscores an unsustainable fiscal trajectory, even if it doesn’t immediately hamstring the…
Here is a summary of the episode. Inflation cooled more than expected in June, and America’s biggest banks posted a stunning $49 billion in collective quarterly profits. But both developments came…
Why Stocks Are Diving After a Strong May Jobs Report The May jobs report came in much stronger than expected — 172,000 jobs added, unemployment steady at 4.3% — and that good news for workers is…
President Trump announced today that the U.S. will extend its ceasefire with Iran, which was set to expire tomorrow, while maintaining a blockade of Iranian ports until Tehran presents a “unified…
Iran and the U.S. Remain Far Apart Despite Cease-Fire Deal The U.S. and Iran reached a ceasefire agreement, but the two sides remain far apart on many issues, and conflicting reports have emerged…
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