Alex Ossola

housing market, says that even that decline is only part of the story.

And finally, it's baseball season.

But this year, contract negotiations between team owners and players may be even more dramatic than the games.

Here's What's News producer Danny Lewis.

And that's what's news for this Tuesday afternoon.

Today's show is produced by Danny Lewis and Anthony Bansi with supervising producer Tali Arbel.

I'm Alex Osola for The Wall Street Journal.

We'll be back with a new show tomorrow morning.

Thanks for listening.

Anthropic, the company behind the AI tool Claude, files for an IPO.

Plus, the Trump administration signals a retreat on its, quote, anti-weaponization fund.

And this weekend's box office shows the rising power of the Gen Z movie.

It's Monday, June 1st.

I'm Alex Osele for The Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

First up today, an update on the year that's shaping up to be all about blockbuster IPOs.

Anthropic says it has filed confidential paperwork for an initial public offering that would put the company on a path to go public this fall.

Anthropic makes the Claude family of AI models.

It's valued at $965 billion, and it's emerged as a frontrunner in the AI wars.

SpaceX's huge IPO is expected this month.