Kate Bullivant
👤 SpeakerAppearances Over Time
Podcast Appearances
something White House Press Secretary Caroline Leavitt seemed to point to, saying the written order and the administration's actions do not conflict. Typically, lawyers view orders issued orally by judges as carrying full legal weight. According to a person familiar with the matter, administration officials are expecting a fight at the Supreme Court soon.
The Department of Homeland Security, Immigration and Customs Enforcement and the State Department didn't respond to a request for comment. Turning to market news now, and Chinese tech giant Baidu has released a new artificial intelligence model, which the company claims can rival DeepSeek's AI model across various benchmarks at an even lower cost.
The Department of Homeland Security, Immigration and Customs Enforcement and the State Department didn't respond to a request for comment. Turning to market news now, and Chinese tech giant Baidu has released a new artificial intelligence model, which the company claims can rival DeepSeek's AI model across various benchmarks at an even lower cost.
Baidu said its Ernie X1 reasoning model can support advanced search, AI image generation and web page reading. Deepsea caused a market frenzy earlier this year with its R1 model, performing on par with OpenAI's GPT-4O model at a fraction of the cost and without relying on the most advanced chips.
Baidu said its Ernie X1 reasoning model can support advanced search, AI image generation and web page reading. Deepsea caused a market frenzy earlier this year with its R1 model, performing on par with OpenAI's GPT-4O model at a fraction of the cost and without relying on the most advanced chips.
Meanwhile, China's economy has gotten off to a surprisingly good start this year, giving Beijing some breathing room as it braces for the impact of US tariffs. Hannah Miao covers China's economy for us and says the numbers come a day after Beijing released a policy plan to expand domestic consumption in a bid to replace its largely export-driven growth.
Meanwhile, China's economy has gotten off to a surprisingly good start this year, giving Beijing some breathing room as it braces for the impact of US tariffs. Hannah Miao covers China's economy for us and says the numbers come a day after Beijing released a policy plan to expand domestic consumption in a bid to replace its largely export-driven growth.
Coming up, China's economy may be on solid footing for now, but in the U.S., recession fears are mounting. We look at all the indicators and just how certain an economic downturn is. That's after the break. President Trump declined to rule out a recession when speaking on Fox News last week. However, amid tariffs, funding cuts and immigration restrictions, recession talk hangs heavy in the air.
Coming up, China's economy may be on solid footing for now, but in the U.S., recession fears are mounting. We look at all the indicators and just how certain an economic downturn is. That's after the break. President Trump declined to rule out a recession when speaking on Fox News last week. However, amid tariffs, funding cuts and immigration restrictions, recession talk hangs heavy in the air.
And as major economic data hasn't yet begun to fully capture Trump's time in office... WSJ economics reporter Justin Layhart, along with his colleague Paul Kiernan, have been looking for other signs of a recession. Justin, walk us through some of the recession indicators that you've been looking at.
And as major economic data hasn't yet begun to fully capture Trump's time in office... WSJ economics reporter Justin Layhart, along with his colleague Paul Kiernan, have been looking for other signs of a recession. Justin, walk us through some of the recession indicators that you've been looking at.
And that uncertainty also affecting businesses.
And that uncertainty also affecting businesses.
OK, so business leaders are worried. But what about consumers?
OK, so business leaders are worried. But what about consumers?
Yeah, I was interested when reading your piece, why the job market was an area that you looked into to gauge whether or not a recession was around the corner, because the job market is still strong going off February's unemployment rate coming in low by historical standards.
Yeah, I was interested when reading your piece, why the job market was an area that you looked into to gauge whether or not a recession was around the corner, because the job market is still strong going off February's unemployment rate coming in low by historical standards.
And if these trends and behaviours continue, does that mean a recession is definitely on the cards or is there a way out, so to speak?
And if these trends and behaviours continue, does that mean a recession is definitely on the cards or is there a way out, so to speak?
OK, I guess we'll just have to keep watching and wait and see. Justin, thanks very much.