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Luke Vargas

👤 Speaker
4142 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

In a post on X, the right-wing leader said the court was trying to lock him up ahead of elections planned for October 2026, with some recent polls showing Bolsonaro would narrowly win the election against President Lula da Silva. An appeals court has dealt a setback to the Trump administration's bid to restart deportation flights of alleged Venezuelan gang members using 1798's Alien Enemies Act.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

In a post on X, the right-wing leader said the court was trying to lock him up ahead of elections planned for October 2026, with some recent polls showing Bolsonaro would narrowly win the election against President Lula da Silva. An appeals court has dealt a setback to the Trump administration's bid to restart deportation flights of alleged Venezuelan gang members using 1798's Alien Enemies Act.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

The law allows a president to deport citizens of countries considered U.S. enemies. However, lawyers successfully argued that deportees weren't given a fair chance to contest their membership in the Tren de Aragua gang, a recently designated foreign terrorist organization. leading a U.S. district judge to block deportation flights earlier this month. In its two-to-one decision yesterday, the U.S.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

The law allows a president to deport citizens of countries considered U.S. enemies. However, lawyers successfully argued that deportees weren't given a fair chance to contest their membership in the Tren de Aragua gang, a recently designated foreign terrorist organization. leading a U.S. district judge to block deportation flights earlier this month. In its two-to-one decision yesterday, the U.S.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

Court of Appeals for the D.C. Circuit upheld that block, with the judge saying the administration hadn't shown it was likely to prevail. The administration has signaled it's prepared to ask the Supreme Court to hear the case if necessary. The U.S. government will probably run out of money to pay its bills by August or September.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

Court of Appeals for the D.C. Circuit upheld that block, with the judge saying the administration hadn't shown it was likely to prevail. The administration has signaled it's prepared to ask the Supreme Court to hear the case if necessary. The U.S. government will probably run out of money to pay its bills by August or September.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

That's the first official estimate provided by the Congressional Budget Office of the so-called X date that will require lawmakers to raise the federal debt limit, though the CBO added that significantly weaker revenue collection could push up the X date to before a mid-June tax payment deadline. The projection puts lawmakers on the clock to figure out how and when to raise the debt limit

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

That's the first official estimate provided by the Congressional Budget Office of the so-called X date that will require lawmakers to raise the federal debt limit, though the CBO added that significantly weaker revenue collection could push up the X date to before a mid-June tax payment deadline. The projection puts lawmakers on the clock to figure out how and when to raise the debt limit

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

And the forecast for August or September gives them time to combine it with a major tax and spending bill that's still taking shape. And finally, the used phone market is taking off as shoppers feeling ripped off by $1,000 devices hunt for cheaper alternatives. More than 208 million used phones were sold worldwide in 2024, according to market research company IDC, up 6.4% from a year earlier.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

And the forecast for August or September gives them time to combine it with a major tax and spending bill that's still taking shape. And finally, the used phone market is taking off as shoppers feeling ripped off by $1,000 devices hunt for cheaper alternatives. More than 208 million used phones were sold worldwide in 2024, according to market research company IDC, up 6.4% from a year earlier.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

And while most buyers do still want a new device, tech reporter Stu Wu explains why more are looking to secondary markets.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

And while most buyers do still want a new device, tech reporter Stu Wu explains why more are looking to secondary markets.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

And Stu told us that used or refurbished devices are so popular, Apple and Samsung are getting into the market themselves.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

And Stu told us that used or refurbished devices are so popular, Apple and Samsung are getting into the market themselves.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

And that's it for What's News for this Thursday morning. Today's episode was produced by Daniel Bach with supervising producer Sandra Kilhoff. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show. Until then, thanks for listening.

WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports

And that's it for What's News for this Thursday morning. Today's episode was produced by Daniel Bach with supervising producer Sandra Kilhoff. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show. Until then, thanks for listening.

WSJ What’s News
Growing Debt, Tariffs Weigh on U.S. Outlook

Moody's raises red flags over ballooning U.S. debt and the negative effects of tariffs. Plus, anger and confusion in Greenland as Vice President Vance joins a planned visit to the island this week. And China's space ambitions take flight.

WSJ What’s News
Growing Debt, Tariffs Weigh on U.S. Outlook

Moody's raises red flags over ballooning U.S. debt and the negative effects of tariffs. Plus, anger and confusion in Greenland as Vice President Vance joins a planned visit to the island this week. And China's space ambitions take flight.

WSJ What’s News
Growing Debt, Tariffs Weigh on U.S. Outlook

It's Wednesday, March 26th. I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today. The Trump administration is further limiting China's access to American technology, expanding a crackdown that began during Joe Biden's term.

WSJ What’s News
Growing Debt, Tariffs Weigh on U.S. Outlook

It's Wednesday, March 26th. I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today. The Trump administration is further limiting China's access to American technology, expanding a crackdown that began during Joe Biden's term.