WSJ Minute Briefing
Episodes
Justice Department Opens Probe Into Fed Governor Lisa Cook
04 Sep 2025
Contributed by Lukas
Plus: Health and Human Services Secretary Robert F. Kennedy Jr. defends his ouster of the CDC’s director during a Senate hearing. And fashion design...
Trump Administration Asks Supreme Court for Swift Tariffs Decision
04 Sep 2025
Contributed by Lukas
Plus: A federal judge rules that the administration must reinstate the $2.2 billion it cut from Harvard University’s research funding. And, Porsche ...
U.S. Stocks Mixed But Tech Rallies
03 Sep 2025
Contributed by Lukas
Nasdaq leads the major indexes. Plus: Macy’s shares rally on improved outlook. And Dollar Tree warns of tariff costs. Katherine Sullivan hosts. S...
U.S. Job Openings Unexpectedly Fell in July
03 Sep 2025
Contributed by Lukas
Plus: Macy’s lifts its full-year outlook after same-store sales grew in the second quarter. And American Bitcoin, a company backed by President Trum...
Google Avoids Harshest Antitrust Penalties
03 Sep 2025
Contributed by Lukas
Plus: The U.S. revokes authorization for TSMC to freely ship key equipment to its main Chinese chip-making site. And, Disney pays a $10 million penalt...
U.S. Stocks Down as Fiscal Worries Fuel Bond Selloff
02 Sep 2025
Contributed by Lukas
Concerns over nations’ fiscal outlooks drive bond yield higher. Plus: The marketer of Modelo and Corona predicts lower beer sales. And Kraft Heinz s...
Kraft Heinz Is Splitting Up
02 Sep 2025
Contributed by Lukas
Plus: Activist investor Elliott Investment Management is pushing for changes at PepsiCo. And a federal judge rules that President Trump’s deployment...
Congress Races to Avoid Government Shutdown
02 Sep 2025
Contributed by Lukas
Plus: Swiss food giant Nestlé fires its CEO Laurent Freixe over a relationship with a subordinate. And, online payments provider Klarna readies its m...
AI Worries Push Nasdaq Lower
29 Aug 2025
Contributed by Lukas
Nvidia and other AI-linked stocks lead a broad market retreat. Plus: Caterpillar says it expects to take a bigger hit from tariffs. And we report Kraf...
Trump Moves to Cut Billions in Foreign Aid, Bypassing Congress
29 Aug 2025
Contributed by Lukas
Plus: U.S. inflation persisted above the Fed’s target in July. President Trump revokes Kamala Harris’s Secret Service protection. Alex Ossola host...
Alibaba Has a New Made-in-China Chip
29 Aug 2025
Contributed by Lukas
Plus: The Trump administration’s trade policies are starting to hit Americans’ wallets as a number of retailers raise prices. And, Caterpillar sha...
S&P Closes at New Record Despite Nvidia Slip
28 Aug 2025
Contributed by Lukas
The chipmaker’s stock was down less than 1%. Plus: Spam maker Hormel Foods announces price increases. Katherine Sullivan hosts. Sign up for the W...
Fed Governor Lisa Cook Sues President Trump to Stop Him from Firing Her
28 Aug 2025
Contributed by Lukas
Plus: The eurozone’s economic outlook fell in August. Russia launches its deadliest attack on Ukraine since Trump’s Alaska summit with Putin. Alex...
White House Says CDC Director Removed
28 Aug 2025
Contributed by Lukas
Plus: President Trump fires a member of the railroad regulator that’s evaluating a merger between Union Pacific and Norfolk Southern. And, BYD outse...
Nvidia Sets Sales Record But Misses in AI Chips Segment
27 Aug 2025
Contributed by Lukas
Plus: S&P closes at record high. Kohl’s stock surges on positive sales report. And shares of Cracker Barrel rally after the restaurant chain reverts...
At Least Two Children Killed in Minneapolis Catholic School Shooting
27 Aug 2025
Contributed by Lukas
Plus: The FBI says that the scale of China’s “Salt Typhoon” espionage campaign far exceeded initial estimates. The Trump administration takes co...
Trump Mulls Replacements for Fed’s Lisa Cook
27 Aug 2025
Contributed by Lukas
Plus: SpaceX completes a successful Starship test launch, after previous setbacks for Elon Musk’s rockets. And, Exxon Mobil held secret talks to res...
U.S. Stocks Tick Higher Despite Threat to Fed Governor
26 Aug 2025
Contributed by Lukas
The Federal Reserve defends governor Lisa Cook after President Trump said he would fire her. Plus: Trump Media gets a crypto boost. And EchoStar’s s...
Illinois Governor Challenges Trump’s Plan for Troops in Chicago
26 Aug 2025
Contributed by Lukas
Plus: American consumers’ confidence edges slightly lower in August. Norway's sovereign-wealth fund divests from Caterpillar over Israel’s bulldoz...
Trump Says He’s Removing Fed Governor Lisa Cook
26 Aug 2025
Contributed by Lukas
Plus: a senior Chinese trade negotiator heads to Washington as talks resume despite simmering tensions. And, President Trump threatens higher tariffs ...
U.S. Stocks Tick Lower Following Friday’s Rally
25 Aug 2025
Contributed by Lukas
Plus: Keurig Dr Pepper agrees to buy Peet’s Coffee. And shares of furniture brands Wayfair and RH fall after President Trump’s tariff warnings. Ka...
Weak Jobs Report and Tariff Blitz Push U.S. Stocks Lower
01 Aug 2025
Contributed by Lukas
A softer-than-expected July jobs report and President Trump’s revamped tariff plan weighs on markets. Plus: Amazon reports disappointing growth. Red...
U.S. Hiring Slowed in July
01 Aug 2025
Contributed by Lukas
Plus: Businesses around the world try to make sense of Trump’s tariff announcements, ICC says. And Exxon Mobil seeks M&A possibilities as oil giants...
Stock Markets Drop on Latest Trump Tariffs
01 Aug 2025
Contributed by Lukas
Plus: Steve Witkoff heads to Gaza as part of an attempt to develop a new aid-distribution plan. And, Ray Dalio sells his remaining stake in Bridgewate...
U.S. Stocks Drop as Investors Await Tariff Deadline
31 Jul 2025
Contributed by Lukas
President Trump gives Mexico more time for trade talks. Plus: Microsoft and Meta Platforms post strong earnings. EBay logs better-than-expected result...
Microsoft Becomes the World’s Second $4 Trillion Company
31 Jul 2025
Contributed by Lukas
Plus, President Trump extends the existing tariffs on Mexico for 90 days. And the Fed’s preferred gauge for inflation was higher than the bank’s t...
U.S. Strikes Flurry of Trade Deals
31 Jul 2025
Contributed by Lukas
Plus: China’s cybersecurity regulator summons Nvidia, citing chip-security issues. And, Shell announces a $3.5 billion share buyback, despite lower ...
Federal Reserve Holds the Line on Interest Rates
30 Jul 2025
Contributed by Lukas
Fed Chair Jerome Powell signals reluctance about a rate cut at the central bank’s next meeting in September. Plus: Hershey trimmed its annual outloo...
U.S. Economy Returns to Growth in the Second Quarter
30 Jul 2025
Contributed by Lukas
Plus: President Trump says that India will face a 25% tariff rate starting August 1. And Amazon will pay at least $20 million per year to license cont...
Tsunami Waves Reach Hawaii After Massive Russian Earthquake
30 Jul 2025
Contributed by Lukas
Plus: The Fed is expected to hold rates steady, although Chair Powell may face unprecedented dissent today. And, U.S. tariffs weigh on European automa...
Stock Indexes Slip as U.S. and Chinese Officials Discuss Extending Tariff Pause
29 Jul 2025
Contributed by Lukas
Import duties on Chinese goods could surge about 80% if the pause expires on Aug. 12. Plus: UnitedHealth Group said its earnings for the year will mis...
Novo Nordisk Shares Plummet as Competition Weighs on Wegovy Sales
29 Jul 2025
Contributed by Lukas
Plus: JPMorgan Chase nears a deal to take over Apple’s credit-card program. And U.S. consumers’ economic mood improved this month, but they remain...
Shooter Kills Four in New York Including Blackstone Exec and NYPD Officer
29 Jul 2025
Contributed by Lukas
Plus: Famine is now unfolding in Gaza, according to experts. And, premiums for Medicare drug plans are set to increase sharply next year. Kate Bulliva...
Stock Indexes Closed Mixed After U.S.-EU Trade Deal
28 Jul 2025
Contributed by Lukas
The agreement removed the risk of an all-out trade war, but critics said it could weigh on already-sluggish economic growth in Europe. Plus: Boeing sh...
Businesses Leaders Welcome EU-U.S. Trade Agreement as Least Bad Outcome
28 Jul 2025
Contributed by Lukas
Plus: President Donald Trump says Russia has 10 or 12 days to reach a cease-fire with Ukraine or face more economic pressure. And the leaders of Thail...
Trump and EU Reach Trade Agreement
28 Jul 2025
Contributed by Lukas
Plus: Samsung and Tesla ink a multi-billion dollar chip supply deal. And, Hong Kong-based CK Hutchison says it is looking to include a Chinese investo...
S&P 500 Ends the Week With Its Fifth Straight Record Close
25 Jul 2025
Contributed by Lukas
The Nasdaq also rose to fresh highs as progress in trade talks bolstered markets. Plus: Intel shares fell after it reported a wider quarterly loss and...
White House Seeks Fines From Universities in Exchange for Federal Funding
25 Jul 2025
Contributed by Lukas
Plus: The Trump administration sues New York City over sanctuary policies. And Meta stops all political advertisements on its social platforms in the ...
Trump Buoyed By Voter’s Improved Views of the Economy
25 Jul 2025
Contributed by Lukas
Plus: Volkswagen lowers its financial guidance after earnings were hit by tariff costs. And, a U.S. regulator approves Skydance’s merger with Paramo...
Signs of Trade-Talk Progress Lifted the S&P 500 to a New Record
24 Jul 2025
Contributed by Lukas
But some large component stocks dragged on the Dow Jones Industrial Average, including UnitedHealth Group. The health conglomerate disclosed that it i...
UnitedHealth Says It’s Responding to Justice Department Probe
24 Jul 2025
Contributed by Lukas
Plus: Union Pacific and Norfolk Southern are in advanced discussions for a deal that could create the largest rail operator in the U.S. And the Europe...
Trump Plans Visit to Federal Reserve as Powell Feud Continues
24 Jul 2025
Contributed by Lukas
Plus: Columbia University agrees to pay more than $200 million dollars to the federal government over allegations the school violated anti-discriminat...
Tesla Profit Plunges on Weak EV Sales
23 Jul 2025
Contributed by Lukas
U.S. stocks climb as European Union negotiates trade deal. Plus: AT&T gains more wireless and internet subscribers than expected. Hilton Worldwide pos...
U.S. Home Prices Hit a Record High, Sales Fell in June
23 Jul 2025
Contributed by Lukas
Plus, a probe finds that Klaus Schwab, the founder of the World Economic Forum, engaged in a pattern of misconduct. And the U.K.’s competition watch...
Japan Reaches Trade Deal with the U.S.
23 Jul 2025
Contributed by Lukas
Plus: President Trump leverages global trade disputes to protect the interests of the U.S. technology sector. And, regulators investigate Morgan Stanl...
Dow Edges Higher as U.S. Reaches New Trade Pacts
22 Jul 2025
Contributed by Lukas
Shares in retailer Kohl's jumped as investors discussed whether it was the next meme stock. Coca-Cola reported mixed quarterly results. Philip Morris ...
Tariffs Shrink General Motors’ Quarterly Profit
22 Jul 2025
Contributed by Lukas
Plus: The Justice Department is looking to interview Ghislaine Maxwell, Jeffrey Epstein’s longtime associate. And Coca-Cola is giving President Trum...
SoftBank and OpenAI’s Joint AI Venture Loses Steam
22 Jul 2025
Contributed by Lukas
Plus: China confirms it will hold a top-level summit with the European Union in Beijing this week. And, AstraZeneca plans to invest $50 billion in the...
Stocks Rise Broadly as Earnings Season Ramps Up
21 Jul 2025
Contributed by Lukas
Over 100 companies in the S&P 500 are set to report earnings this week. Plus: Verizon shares advanced after the telecommunications giant raised its an...
U.S. Leading Indicators Show Economic Growth to Slow
21 Jul 2025
Contributed by Lukas
Plus: China confirms that it’s blocking a Wells Fargo banker from leaving the country. And Subway names a former Burger King executive as its new CE...
E.U. Prepares for a Trade Fight With Washington
21 Jul 2025
Contributed by Lukas
Plus: Treasury Secretary Scott Bessent lays out his case to President Trump for why he shouldn’t try to push out Fed chair Jerome Powell. And, with ...
The Nasdaq Hits 11th Record High for the Year
18 Jul 2025
Contributed by Lukas
But otherwise stocks closed mostly lower. Plus: Fed governor Christopher Waller said he would take the central bank’s top job if offered. And a surg...
Trump Calls for Release of ‘Pertinent’ Epstein Grand Jury Material
18 Jul 2025
Contributed by Lukas
Plus: Chevron completes its purchase of Hess for $53 billion. And the EU imposes the toughest sanctions on Russia since its invasion of Ukraine. Zoe K...
Union Pacific Railroad Exploring Deal to Buy Smaller Rival Norfolk Southern
18 Jul 2025
Contributed by Lukas
Plus: The White House succeeds in clawing back about $9 billion in foreign aid and public media funding. And CBS says it will end ‘Late Show’ in M...
S&P Rises to New High With Earnings in Focus
17 Jul 2025
Contributed by Lukas
Investors rode along with upbeat blue-chip earnings. Plus TSMC, the world's largest contract chip maker, delivered a record profit last quarter. Share...
Meta Directors and Shareholders Settle Privacy Suit
17 Jul 2025
Contributed by Lukas
Plus: Fed chair candidate Kevin Warsh says the next person in the role will maintain the central bank's independence from political pressure. And U.S....
National-Security Concerns Delay Nvidia Chip Deal With U.A.E.
17 Jul 2025
Contributed by Lukas
Plus: Canada’s Alimentation Couche-Tard has abandoned its $47 billion bid to buy Japanese 7-Eleven operator Seven & i. And United Airlines says it’...
U.S.Stocks Recover After Talk of Firing Federal Reserve Chair Gave a Jolt
16 Jul 2025
Contributed by Lukas
Banks Goldman Sachs, Bank of America and Morgan Stanley reported stronger-than-forecast profits, as tariff-related market turbulence boosted trading r...
Trump Considering Firing Fed Chair Jerome Powell Soon
16 Jul 2025
Contributed by Lukas
Plus: Goldman Sachs profit surges on higher trading revenue. And U.S. wholesale inflation holds steady in June. Pierre Bienaimé hosts. Sign up for...
ASML Shares Slide as Tariff Uncertainty Prompts Growth Warning
16 Jul 2025
Contributed by Lukas
Plus: Canadian Prime Minister Mark Carney admits for the first time that a tariff-free trade deal might not be in the cards for Ottawa. And the Trump ...
Stock Indexes Close Mixed Amid New Trade Deal and the Search for a Fed Chair
15 Jul 2025
Contributed by Lukas
President Trump announced a new trade deal with Indonesia, while Treasury Secretary Scott Bessent said the formal search for Fed Chair Jerome Powell’...
U.S. Inflation Picks Up as Tariffs Start to Seep Into Prices
15 Jul 2025
Contributed by Lukas
Plus: JPMorgan Chase reported a better-than-expected profit for the second quarter. And a top sales executive at Tesla has left the company. Pierre Bi...
Nvidia Can Sell AI Chip to China Again After CEO Meets Trump
15 Jul 2025
Contributed by Lukas
Plus: China’s economy holds up under pressure from U.S. tariffs. And Volvo Car warns of U.S. tariff impact. Azhar Sukri hosts. Sign up for WSJ’...
Markets Edge Higher After President's Latest Tariff Threats
14 Jul 2025
Contributed by Lukas
President Trump threatened new tariffs on Russia, Mexico and the EU. Plus: Crypto-sensitive stocks rose, as bitcoin prices rallied to another high. Ke...
Trump Agrees to NATO Deal Sending Weapons to Ukraine
14 Jul 2025
Contributed by Lukas
Plus: Becton Dickinson will divest its biosciences and diagnostic solutions business to Waters Corp. for around $17.5 billion. And at least nine peopl...
EU, Mexico Risk 30% U.S. Tariffs as Trade Talks Continue
14 Jul 2025
Contributed by Lukas
Plus: China’s June exports beat forecasts amid inventory stockpiling. And Elon Musk’s SpaceX agrees to invest $2 billion in his artificial intelli...
President Trump’s Latest Tariff Threats Knock Stocks Off Winning Streak
11 Jul 2025
Contributed by Lukas
The S&P 500 and Nasdaq both slipped for the week after notching new record highs on Thursday. Plus: Kraft Heinz shares rose after The Wall Street Jour...
Pentagon Lifts Drone Technology Restrictions, Boosting U.S. Industry
11 Jul 2025
Contributed by Lukas
Plus: Ford Motor has recorded the most safety recalls of any automotive company in the first half of the year. And President Trump is threatening to w...
Trump Threatens 35% Tariff on Some Canadian Goods
11 Jul 2025
Contributed by Lukas
Plus: An initial probe into last month's Air India crash is focusing on the pilots. And the rift between Unilever and Ben & Jerry’s board, ramps up....
Major Indexes Rose as Investors Mostly Shrug Off Tariff Threats to Brazil
10 Jul 2025
Contributed by Lukas
Both the Nasdaq and S&P reached new record highs. Plus: Nvidia stock hit a new record high after becoming the world’s first $4 trillion company. Cop...
Pentagon Takes Stake in Rare-Earth Company
10 Jul 2025
Contributed by Lukas
Plus, new U.S. jobless claims fell last week. And Delta Air Lines expressed confidence for the third quarter. Alex Ossola hosts. Sign up for the ...
Trump Threatens Brazil With 50% Tariffs
10 Jul 2025
Contributed by Lukas
Plus: Russia hits Ukrainian capital Kyiv with a large scale missile and drone attack. And an Italian chocolate maker is in talks to buy American cerea...
Nasdaq Rises to New Record as President Trump Sends More Tariff Letters
09 Jul 2025
Contributed by Lukas
Plus: Drugmaker Merck strikes a roughly $10 billion deal to buy Verona Pharma. The Justice Department’s criminal healthcare-fraud unit investigates ...
Trump Administration Goes After Harvard’s Accreditation
09 Jul 2025
Contributed by Lukas
Plus, Linda Yaccarino steps down as CEO of X after two years on the job. And U.S. measles cases hit a 33-year high. Alex Ossola hosts. Sign up for ...
Trump Losing Patience With Putin Over Ukraine
09 Jul 2025
Contributed by Lukas
Plus: The U.S. seeks to ban China from buying American farmland. And a key architect of Apple’s supply chain will step down later this month. Luke V...
Major Indexes Finish Mixed as President Holds Firm on Latest Trade Deal Deadline
08 Jul 2025
Contributed by Lukas
U.S. copper prices soared to a new all-time high after President Trump said Washington will slap imports of the metal with a 50% tariff. Plus, solar s...
Trump: No Extensions to Aug. 1 Reciprocal Tariff Deadline
08 Jul 2025
Contributed by Lukas
Plus: Texas rescue teams deploy helicopters, airboats and dogs as they search for missing flood victims. Hershey names Wendy’s chief executive as it...
Trump Signals Restart of Ukraine Weapons Shipments
08 Jul 2025
Contributed by Lukas
Plus: Meta announces another top AI researcher has joined its ranks from Apple. And Amazon Prime Day kicks off, as the tech giant tries to bring in mo...
Renewed Trade Tensions Drive Down U.S. Stocks
07 Jul 2025
Contributed by Lukas
Stocks’ decline accelerates after President Trump announces 25% tariffs on goods from Japan and South Korea and threatens additional tariffs on coun...
Flash Flood Warnings Extend to This Evening in Texas
07 Jul 2025
Contributed by Lukas
Plus: Houthis attack a ship in the Red Sea for the first time since President Trump announced a Truce. CoreWeave is set to acquire Core Scientific in ...
Trump Threatens Additional Tariffs on Countries Aligned with Brics
07 Jul 2025
Contributed by Lukas
Plus: At least 82 have died in Central Texas following Friday’s flash floods. And Tesla shares drop as Elon Musk promises to create a new political ...
President Trump’s Megabill Passes House Vote
03 Jul 2025
Contributed by Lukas
Plus: U.S. stocks set another round of records. And activist investor Starboard Value has built a 9% stake in Tripadvisor. Anthony Bansie hosts. S...
U.S. Economy Added 147,000 Jobs in June
03 Jul 2025
Contributed by Lukas
Plus: The Supreme Court will hear two cases about transgender girls in school sports. French air-traffic controllers began a two-day strike over worki...
Trump’s Megabill on Course for Final House Vote
03 Jul 2025
Contributed by Lukas
Plus: Voters say President Trump is now more responsible for the economy than former President Joe Biden, according to a new poll. And the Pentagon es...
Nike, Lululemon Shares Jump After Trump Touts Vietnam Trade Deal
02 Jul 2025
Contributed by Lukas
Plus: Centene shares tumble after the healthcare company says its earnings will fall short of expectations. Modelo brewer Constellation Brands expects...
Tesla’s Second Quarter Vehicle Deliveries Plunged
02 Jul 2025
Contributed by Lukas
Plus: President Trump strikes a trade agreement with Vietnam. And Sean ‘Diddy’ Combs was found not guilty of racketeering and sex trafficking. Ant...
President Trump Threatens 35% Tariffs on Japan
02 Jul 2025
Contributed by Lukas
Plus: Trump’s “big, beautiful bill” faces a contentious vote in the House. And Paramount agrees to pay $16 million to settle Trump lawsuit over ...
U.S. Stocks Mixed After Senate Passes Megabill
01 Jul 2025
Contributed by Lukas
After squeaking through the chamber, President Trump’s tax-and-spending bill now goes back to the House. Plus: Tensions between Trump and Elon Musk ...
Senate Passes President Trump’s Megabill
01 Jul 2025
Contributed by Lukas
Plus: Fed Chair Jerome Powell cites a solid economy in keeping a wait-and-see stance on interest-rate cuts. And Boeing names a permanent CEO of its de...
Senate Battle Looms Over Big Beautiful Bill
01 Jul 2025
Contributed by Lukas
Plus: Canada withdraws digital tax in bid to salvage U.S. trade discussions. And China’s manufacturing activity declines for a third straight month....
Stock Indexes Notch New Records to Cap a Turbulent Quarter
30 Jun 2025
Contributed by Lukas
The S&P 500 and Nasdaq both end the quarter at new highs. Plus: Robinhood Markets shares surged after it launched new cryptocurrency services. And sha...
Trump Administration Says Harvard Violated Students’ Civil Rights
30 Jun 2025
Contributed by Lukas
Plus: Senate Republicans kick off a marathon session to pass the “big, beautiful” tax-and-spending bill by July 4th. And Robinhood Markets makes a...
Senate Battle Looms Over Big Beautiful Bill
30 Jun 2025
Contributed by Lukas
Plus: Canada withdraws digital tax in bid to salvage U.S. trade discussions. And China’s manufacturing activity declines for a third straight month....
The S&P 500 and Nasdaq Close at Record Highs
27 Jun 2025
Contributed by Lukas
The Commerce and Treasury secretaries say the U.S. is close to securing more trade deals. Plus: Nike stock jumps after better-than-expected earnings. ...
The S&P 500 Rebounds to New All-Time Highs
27 Jun 2025
Contributed by Lukas
Plus: American consumer sentiment was up in June. The U.S. Supreme Court has limited judges’ ability to issue nationwide injunctions against Preside...
U.S. Finalizes Trade Deal with China
27 Jun 2025
Contributed by Lukas
Plus: Senate Republicans push ahead with plans to vote on President Trump’s so-called “Big Beautiful Bill” before next week. And Tesla parts way...
Major Indexes End the Day Up as Nasdaq and S&P Near Records
26 Jun 2025
Contributed by Lukas
The dollar weakens after President Trump floats naming a Federal Reserve Chair successor much earlier than expected. Plus: tech and finance sectors re...
Hegseth Calls U.S. Strikes on Iran ‘Resounding Success’
26 Jun 2025
Contributed by Lukas
Plus: The U.S. economy contracted more in the first quarter of the year than previously estimated. A Supreme Court ruling makes it easier for states t...
Trump Considers Early Naming of Next Fed Chair
26 Jun 2025
Contributed by Lukas
Plus: Shell denies that it is in takeover talks with UK rival BP. And Nvidia is ruffling the feathers of tech giants Microsoft, Google and Amazon as t...
Major Indexes Finish Mixed as the Israel-Iran Cease-Fire Holds
25 Jun 2025
Contributed by Lukas
Tesla logs another month of steep sales declines in the European Union. Plus: FedEx stock drops after the shipping company said it expects to lose $17...