NPR News: 08-03-2026 10AM EDT
Summary
President Trump halted planned strikes on Iran after Gulf leaders convinced him a deal was near, causing oil prices to drop and stocks to rise. In other news, the U.S. and Japan are coordinating to rebalance exchange rates, while WestJet reached a tentative deal with striking flight attendants. The episode also covers a competitive Michigan Senate primary, Taiwan’s reliance on U.S. security amid Chinese pressure, and Russia’s accusation that Ukraine bombed a Moscow restaurant.
Topics discussed
Capital One Venture X card advertisement
Trump calls off strikes on Iran after Gulf leaders intervene
Stocks rise and oil prices drop following Iran news
U.S. and Japan work to rebalance dollar-yen exchange rates
WestJet reaches tentative deal with striking flight attendants
Michigan Senate primary: Moderate vs. Progressive Democrat
Taiwan cites U.S. as vital security partner amid China pressure
Russia blames Ukraine for bomb attack at Moscow restaurant
Planet Money promo on recession indicators
Listen ad-free on Castria