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Chapter 1: What is the main topic discussed in this episode?
Live from NPR News in Washington, I'm Ryland Barton.
Chapter 2: What recent military actions has President Trump discussed regarding Iran?
President Trump says he has called off new military strikes on Iran hours after threatening to escalate the war. He says a peace deal will be in place within the next few days. Trump has said several times before that the war is ending, but insists this time is different.
They've taken a pounding. They've taken a pounding like very few people could take. And they want to make the deal a lot more than I do. And we could have had it done the other way, I guess, but it would have taken longer.
Earlier today, Trump threatened major strikes and to seize control of Iran's oil and gas industries as escalating attacks pushed the Middle East closer to a full-scale war. Trump told Fox News that while he would prefer to take over Iran's Karg Island oil terminal, he wasn't sure, quote, America has the stomach for it.
President Trump is floating a meeting with top AI executives to discuss how the public could share in the wealth created by the industry. NPR's Windsor Johnston reports.
President Trump has suggested AI companies should find ways to give back to the public, while some Democrats argue the benefit should extend beyond the companies and investors driving its development. Helen Nissenbaum, a professor at Cornell Tech, says she's not convinced that government ownership would automatically benefit the public. Maybe the Treasury Department will benefit, but
How does that redound to the rest of us citizens? Some AI companies are raising similar concerns. OpenAI has proposed a public wealth fund tied to AI profits. Anthropic has called for policies to help workers if the technology displaces jobs on a large scale. Windsor Johnston, NPR News, Washington.
High inflation has not stopped U.S. households from spending. The Bank of America Institute reported credit and debit card spending was up 5.1 percent in May from a year earlier. NPR's Stephen Basaja has more.
Even if you take gas out of the equation, spending was up 3.9%. Consumers also bought more tickets to fly, despite airfare being up 27% from last year. David Tinsley is senior economist at the Bank of America Institute, and he says the spending is continuing despite economic tailwinds from inflation. Almost to a surprising extent, most consumers are weathering those.
But there are some tension points for lower and middle income households. Their spending growth is actually running still a little bit ahead of their wage growth. Meaning some consumers have to make that up in other ways, like cutting into how much they're saving or what savings they have. Stephen Basaha, NPR News.
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Chapter 3: How is AI expected to impact public wealth distribution according to President Trump?
William Poole of Bolivar, Missouri, died at age 101. Poole's father, Charles Parker Poole, served in the 6th West Virginia Volunteer Infantry Regiment. He was 80 years old when William Poole was born in 1925. This is NPR News from Washington.
This is Ira Glass. On This American Life, one thing we like is a good mystery. Sometimes about really big things, but most times, the little mysteries are the best.
Our lost and found is currently filled with pants. I don't know, I've never seen this happen.
Wait, this is true?
This is true. Mysteries of every size, each week. This American Life, wherever you get your podcasts.
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