AI Summary
5 min readThe US military has closed its last major base in Iraq after more than 23 years, ending a presence that cost $1.7 trillion. Meanwhile, a new Wall Street Journal poll reveals broad bipartisan support for government intervention to lower living costs, and Robinhood announced plans for 24/7 trading with AI agents that can execute trades autonomously. A Dubai flight made an emergency landing in Saudi Arabia after an extreme in-flight incident, and Boeing won a $20 billion Navy contract for next-generation fighter jets.
The End of America's War in Iraq
WSJ correspondent Jared Melson reported from Iraq on the transition as the US military airlifted equipment and personnel out of its last base in Erbil to meet a withdrawal deadline. While Baghdad has undergone visible redevelopment, Iranian-backed militia groups have consolidated power behind the scenes. "These paramilitary groups have placed their loyalists in security institutions, in ministries. They hold seats in parliament, which means they have political power and a role in choosing the prime minister," Melson said. The Trump administration is relying on Iraq's new Prime Minister Mustafa al-Kadhimi to crack down on these groups, even as US forces depart.
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What you'll learn
- 1 (00:26) **U.S. Military Leaves Iraq** - After more than 23 years, the U.S. is closing its last major base in Iraq, with correspondent Jared Melson reporting on the transition and the rising power of Iranian-backed militia groups.
- 2 (03:58) **Expanding Anti-Drug Operations in Latin America** - The U.S. military is rapidly expanding operations in Latin America, using advanced technology and counter-terrorism tools to combat illicit trafficking.
- 3 (05:02) **Boeing Wins Navy Fighter Jet Contract** - The Navy has chosen Boeing to build its next-generation fighter jet, a deal worth more than $20 billion.
- 4 (05:48) **Chinese Economic Data Shows Resilience** - Headline readings from four economic indexes point to resilient demand, even as the war in the Middle East disrupts supply chains and drives up costs.
- 5 (06:07) **Robinhood to Launch 24/7 Trading and AI Agents** - Robinhood will soon allow 24/7 trading for select U.S. stocks, with AI agents creating investment strategies and executing trades for users while they sleep.
- 6 (07:02) **New York Judge Blocks Mayor Adams' Property Tax Rule** - A state judge has ruled that Mayor Eric Adams must redo the rollout of his "pied-à-terre" tax on second homes.
- 7 (08:35) **WSJ Poll: Overwhelming Support for Government Intervention on Cost of Living** - A new Wall Street Journal survey finds overwhelming support across the political spectrum for more government intervention to lower the cost of living.
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Guests on this episode
Show Notes
A.M. Edition for Sept. 30. After more than 23 years and $1.7 trillion, America is winding down its war in Iraq, closing the last major U.S. military base today. WSJ’s Jared Malsin went to Iraq and reports that while Baghdad has undergone a renaissance, behind the scenes, Iranian-backed militia groups have gained a lot of power. Plus, a state judge in New York rules that mayor Zohran Mamdani must redo the rollout of his pied-à-terre tax. And WSJ’s Aaron Zitner details our latest poll, showing Americans want populist policies that defy traditional political labels. Daniel Bach hosts.
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