The Journal.

In the battle for AI supremacy, Meta’s models have lagged. Now CEO Mark Zuckerberg is racing to hire new AI talent to close the gap with rivals. He’s dangling huge pay packages to lure experts away from OpenAI, Google, and Anthropic. WSJ’s Meghan Bobrowsky explains how Meta’s AI efforts fell short, and who will be joining the company’s new “Superintelligence Labs” to turn things around. Annie Minoff hosts. Further Listening: -The Battle Within Meta Over Chatbot Safety -Why the New Pope Is Taking on AI Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

After a marathon 27-hour session, Senate Republicans passed their version of President Trump's “big, beautiful bill.” Getting enough senators on board meant last-minute wrangling over key issues, including Medicaid, clean energy and the deficit. WSJ's Richard Rubin explains how Senate Republicans got to a “yes” vote, and what needs to happen before Trump can sign the bill into law. Annie Minoff hosts. Further Listening: - Can the GOP Unite Around Trump's 'Big, Beautiful Bill'? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

JPMorgan Chase recently announced that it was raising the annual fee on its popular Sapphire Reserve credit card by 45%. The company believes enough customers will stick around because of the status and exclusivity the card conveys. WSJ’s Imani Moise reports on how credit card companies have increasingly attracted customers by offering perks. Jessica Mendoza hosts. Further Listening: - The Unusual Economics of the Bilt Credit Card - The Fight Over Your Credit Card Swipe Sign up for WSJ’s free What’s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices

SCOTUS wrapped up a busy session, giving states room to restrict transgender medical care for minors, allowing the federal government to strip legal status for Venezuelan migrants and, in one of its final acts on Friday, clipping the power of federal judges to block President Trump’s policies nationwide. Jessica Mendoza speaks to WSJ’s Jess Bravin about the emergency cases filling the Supreme Court schedule and what that signals for the future. Further Listening: -Is There an Ethics Problem at the Supreme Court? -Trump 2.0: A Showdown With the Judiciary Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

To renowned travel guru Rick Steves, “fear is for people who don’t get out very much.” The travel mogul has built an empire on a philosophy of travel that builds bridges. Recently, he sat down with Ryan Knutson at the Cascade PBS Ideas Festival in Seattle for a conversation about his business, his politics and how the two intersect. Further Listening: The Love Triangle Over Spirit An Air Traffic Controller Speaks Out About Newark Airport Learn more about your ad choices. Visit megaphone.fm/adchoices

NYC mayoral candidate Zohran Mamdani has won over legions of rent-strapped young voters with a platform focused on making housing more affordable — including by freezing rents. This week he cleared an important hurdle, winning the Democratic primary in an upset of former New York Governor Andrew Cuomo. But his success has panicked the New York real estate industry, which is now in a mad scramble to assess its options. WSJ’s Rebecca Picciotto explains how the city’s housing crisis is driving the election. Annie Minoff hosts. Further Listening: -How Eric Adams Became New York City’s First Indicted Mayor -The Rise of the Yimbys -The Downfall of a Real Estate Empire Sign up for WSJ’s free What’s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices

Gary Rohwer owns Glenn Valley Foods and lends his name to the company’s signature product: Gary’s QuickSteaks. He says he built his business with the help of mostly immigrant workers, whose legal status he says his company vetted using the government’s E-Verify System. This month, his plant was raided by ICE. He speaks with Annie Minoff about what happened, his industry and what’s next for his company. Further Listening: - Why Latino Consumers Are Spending Less - Inside ICE’s Aggressive Approach to Arresting Migrants - Deportations Could Upend This Parachute Factory Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The new head of the Catholic Church, Pope Leo XIV, is making artificial intelligence a signature issue. Last week, the Vatican hosted tech leaders at a two-day international AI conference in Rome. WSJ’s Margherita Stancati reports on why Silicon Valley is watching to see if Leo will use the Church’s moral authority to push for stronger AI rules. Jessica Mendoza hosts. Further Listening: - The Financial Mess Facing the Vatican - Pope Francis Has Died. What’s Next for the Catholic Church? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jessica Mendoza speaks to NCAA president Charlie Baker about the landmark settlement that is ushering in a new professional era for college sports. The deal will create a new system for college athletes to get paid directly by schools. They discuss how payments will be regulated, what impact Title IX could have and how the deal could change college sports. Further Listening: - The TikTok That Changed College Hoops - California Takes On the NCAA Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, Iran fired missiles at a U.S. military base in Qatar. Officials said Iran also fired on Iraq. The attacks were in retaliation for a strike over the weekend that hit three of Iran’s nuclear facilities, authorized by President Trump. WSJ’s Shayndi Raice reports on how Iran got backed into a corner and has been forced to decide whether or not to escalate into a broader war. Jessica Mendoza hosts. Further Listening: -Iran May Be Running Out of Options -Iran and the U.S. Were Set to Negotiate. Then Israel Attacked Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The most well-known cryptocurrency thefts involve online hacks or phishing attempts via text messages. But WSJ's Sam Schechner has been reporting on a new wave of violent crypto thefts: wrench attacks. Brutal physical attacks against the crypto elite are on the rise. Annie Minoff hosts. Further Listening: -Pig-Butchering: A Texting Scam With a Crypto Twist -How North Korea’s Hacker Army Stole $3 Billion in Crypto Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Deportation fears and economic uncertainty is driving changes in shopping behavior in Latino communities. Job losses in industries like construction have also left Hispanics with less money to spend. WSJ’s Laura Cooper travels to Texas and reports that some Hispanic shoppers are forgoing their regular shopping trips and restaurant meals. Companies are now saying they’re seeing the pullback in their sales. Jessica Mendoza hosts. Further Listening: - Inside ICE’s Aggressive Approach to Arresting Migrants - Deportations Could Upend This Parachute Factory Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

After five days of escalating conflict with Israel, Iran’s government may be running out of moves. Today, President Trump called on Iran to surrender without conditions. WSJ’s Sune Engel Rasmussen explores how Iran built itself into a regional power and why its government now finds itself imperiled. Annie Minoff hosts. Further Listening: -Iran and the U.S. Were Set to Negotiate. Then Israel Attacked Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

This year, Washington D.C. has faced thousands of federal jobs cuts due to President Trump’s DOGE work. Also, the city has a $1 billion budget shortfall after Congress passed a funding bill forcing the District to revert to its 2024 budget. Jessica Mendoza sat down with D.C. Mayor Muriel Bowser to discuss the city’s challenges, the weekend’s military parade, and her relationship with Trump. Further Listening: - Inside DOGE’s Campaign of Secrecy - Can the GOP Unite Around Trump’s ‘Big, Beautiful Bill’? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. officials planned to meet with an Iranian delegation this weekend to discuss curbs on Iran’s nuclear program. In a twist, those talks ended up as cover for a surprise Israeli attack that killed top Iranian officials and struck key nuclear sites. Now, Iran is retaliating. WSJ’s Michael R. Gordon lays out the U.S.’s diplomacy efforts in the Middle East and explains what to expect next. Annie Minoff hosts. Further Listening: - Why Israel and Hamas Could Be Headed Into a Forever War - A Deadly Drone Attack and Iran’s ‘Axis of Resistance’ Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Leonard Leo is a conservative lawyer and co-chairman of the Federalist Society who played a significant role in shifting the U.S. Supreme Court rightward. Now he is focusing his efforts on reshaping American culture through entertainment. He’s channeling funds towards high production value Christian and conservative television shows and films, including Amazon Prime’s hit "House of David.” WSJ’s Maggie Severns reports on how Leo is using a fund of more than $1 billion to back Hollywood blockbusters that push a more right-wing agenda. Jessica Mendoza hosts. Further Listening: -The Return of Religious Films to Hollywood -Ron Howard and Brian Grazer on Longevity in Hollywood Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

UnitedHealth is the largest healthcare company in the U.S. But over the last 18 months, a string of challenges, including several Justice Department probes, have tested the company. WSJ’s Anna Wilde Mathews and Christopher Weaver report on how the company rose to prominence, why its CEO is out, and how it has weathered the setbacks. Annie Minoff hosts. Further Listening: -Medicare, Inc. Part 1: How Insurers Make Billions From Medicare -Medicare, Inc. Part 2: Taxpayers Paid for Care Denied by Insurers Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

To fulfil a key campaign promise, the Trump administration has been pushing ICE to arrest more migrants. WSJ’s Michelle Hackman explains how that’s led to more aggressive tactics and raids like the ones that unfolded in Los Angeles on Friday, sparking major protests. Jessica Mendoza hosts. Further Listening: - Deportations Could Upend This Parachute Factory - How Frog Embryos Landed a Scientist in ICE Detention - A New Phase in Trump’s Immigration Fight Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The storybook bromance between President Donald Trump and Elon Musk seems to have come to an end. WSJ’s Rebecca Ballhaus unpacks what happened and what the stakes are for the two powerful men. Jessica Mendoza hosts. Further Listening: - Tesla Has a Problem: Elon Musk - Elon Musk’s Secret Conversations With Vladimir Putin - Inside USAID as Elon Musk and DOGE Ripped it Apart Sign up for WSJ’s free What’s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices

Some of the sickest Medicare Advantage patients ran into problems getting end-of-life care. Ultimately many patients switched to traditional Medicare, costing taxpayers billions, according to an investigation by the Wall Street Journal. This is one of many Medicare Advantage practices that is now under government scrutiny. Both Congress and Medicare agency head Dr. Mehmet Oz are pushing for reforms to curb tactics that can boost federal payments to private insurers. The Department of Justice is also investigating major private insurance companies UnitedHealth, Aetna, Elevance Health and Humana. Jessica Mendoza discusses the investigations with WSJ’s Anna Wilde Mathews. Further Listening: -Medicare, Inc. Part 1: How Insurers Make Billions From Medicare -A Life-or-Death Insurance Denial Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices