Wall Street optimism, convicted Cardinal’s ask, US fertility rates & more

CNN 5 Things

CNN

Daily News, News

4.3 • 1.2K Ratings

🗓️ 23 April 2025

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Investors are seeing some positive signs from the Trump administration on trade. The prominent role Defense Secretary Pete Hegseth’s wife holds at the Pentagon is drawing scrutiny. A convicted Cardinal argues he should be part of the upcoming papal conclave. We’ll tell you how many babies were born in 2024 and what the US wants to do about it. Plus, a woman forgives her brother’s killer. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Last year, Amazon was the world's largest corporate buyer of renewable energy.
0:07.0	We need more and more of our energy comes from wind farms like this one.
0:14.0	Guys, what happened to recording at the solar farm?
0:18.0	To learn more, visit about Amazon.com at UK forward slash sustainability.
0:31.2	Hey there from CNN. I'm Krista Bow with The Five Things You Need to Know for Wednesday, April 23rd.
0:37.9	As markets open today, stocks surged with the Dow up over a thousand points.
0:43.3	The optimism on Wall Street is at least partly credited to news that the trade war with China may de-escalate.
0:50.0	President Donald Trump told reporters today his administration is actively talking with China
0:54.8	to get what he called a fair deal.
0:57.2	That's after he said yesterday tariffs were going to come down.
1:00.4	Treasury Secretary Scott Besson said this morning at the Institute of International Finance
1:04.3	that it's crucial for China to change its economic structure.
1:08.0	China's current economic model is built on exporting its way out of its economic troubles.
1:13.7	It's an unsustainable model that is not only harming China, but the entire world.
1:19.4	Everyone knows it needs to change, and we want to help it change because we need rebalancing
1:26.1	too.
1:27.3	Another factor making investors happy is Trump softening his tone on Federal Reserve Chair Jerome Powell.
1:32.3	I have no intention of firing him.
1:34.3	I would like to see him be a little more active in terms of his idea to lower interest rates.
1:40.3	This is a perfect time to lower interest rates.
1:43.3	If he doesn't, is at the end?
1:45.0	No, it's not.
	...

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