4 • 4K Ratings
🗓️ 29 March 2025
⏱️ 5 minutes
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0:00.0 | Americans love using their credit cards, the most secure and hassle-free way to pay. |
0:04.0 | But DC politicians want to change that with the Durban Marshall Credit Card Bill. |
0:08.0 | This bill lets corporate megastores pick how your credit card is processed, |
0:13.0 | allowing them to use untested payment networks that jeopardize your data security and rewards. |
0:18.0 | Corporate megastores will make more money and you pay the price. |
0:22.1 | Tell Congress to guard your card because Americans lose when politicians choose. Learn more at |
0:28.1 | guard your card.com. |
0:32.6 | Hey listeners, it's Saturday, March 29th. I'm Jack Pitcher for the Wall Street Journal. And this |
0:38.8 | is What's News and Markets. Our look at the biggest stock moves of the week and the news that drove |
0:44.1 | them. Let's get to it. March Madness is here and not just on the basketball court. Investors had to |
0:51.2 | confront two of their toughest opponents this week, tariffs and inflation. |
0:56.0 | On Wednesday, President Trump said he would impose 25% tariffs on all vehicles imported |
1:00.9 | to the U.S. beginning on April 3rd. |
1:03.5 | That's Thursday of the coming week. |
1:05.6 | And Trump is expected to unveil more trade actions next week, too. |
1:09.7 | Stocks gave up earlier gains and car makers got hit |
1:12.1 | especially hard. Then on Friday, trading turned ugly. New inflation data for February came |
1:18.4 | in slightly higher than forecast, adding to fears that tariffs could stoke inflation and slow |
1:23.5 | the economy at the same time. Consumer sentiment also soured, a bad sign for consumer spending. |
1:29.7 | All three major indexes were heading for weekly gains before Friday's trading wiped them out. |
1:35.5 | For the week, the S&P 500 dropped 1.5%, the Dow fell 1%, and the NASDAQ tumbled 2.6%. |
1:47.0 | First up, let's talk about the automakers. |
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