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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.
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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.
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Published 2026-04-10

Why a Hormuz Toll Makes Economic Sense

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A.M. Edition for April 10. The White House is racing to contain Israel’s deadly war in Lebanon ahead of peace talks with Iran this weekend. At the centre of negotiations is the reopening of the Strait of Hormuz and a possible toll on ships passing through the waterway. WSJ correspondent Tom Fairless explains why Iran and the U.S. might be able to agree on this - and the global consequences such a toll would have. Plus, we look at why MAGA is so invested in this weekend’s election in Hungary. And why an innocent-sounding - yet notorious - flying fish, is threatening the Great Lakes. Daniel Bach hosts.


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A.M. Edition for April 10. The White House is racing to contain Israel’s deadly war in Lebanon ahead of peace talks with Iran this weekend. At the centre of negotiations is the reopening of the Strait of Hormuz and a possible toll on ships passing through the waterway. WSJ correspondent Tom Fairless explains why Iran and the U.S. might be able to agree on this - and the global consequences such a toll would have. Plus, we look at why MAGA is so invested in this weekend’s election in Hungary. And why an innocent-sounding - yet notorious - flying fish, is threatening the Great Lakes. Daniel Bach hosts.


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Homeowners association fees have risen nearly 30% since before the pandemic. WSJ housing reporter Nicole Friedman explains what’s behind the surge that’s stretching both homeowners and potential buyers. Plus, Israel said it’s ready to start direct negotiations with Lebanon. Stocks moved higher on hopes that would bolster the U.S.-Iran ceasefire, and the Dow turned positive for the year. And the U.K. says it thwarted a secret Russian submarine operation threatening underwater infrastructure. U.K. bureau chief David Luhnow explains why protecting undersea cables from sabotage has become a global priority. Imani Moise hosts.


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Homeowners association fees have risen nearly 30% since before the pandemic. WSJ housing reporter Nicole Friedman explains what’s behind the surge that’s stretching both homeowners and potential buyers. Plus, Israel said it’s ready to start direct negotiations with Lebanon. Stocks moved higher on hopes that would bolster the U.S.-Iran ceasefire, and the Dow turned positive for the year. And the U.K. says it thwarted a secret Russian submarine operation threatening underwater infrastructure. U.K. bureau chief David Luhnow explains why protecting undersea cables from sabotage has become a global priority. Imani Moise hosts.


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A.M. Edition for April 9. Global stocks fall and oil prices are climbing as cracks in the fragile U.S.-Iran truce begin to show. Israel’s deadly attacks in Lebanon have emerged as a key sticking point for Tehran, while tanker traffic remains snarled in the Strait of Hormuz. Plus, with businesses and consumers feeling the economic impacts of the war, WSJ editor Alex Frangos says another long-term problem is looming: Americans aren’t having enough babies. And AI companies are trying to avert a public backlash for a distrustful public. Daniel Bach hosts.


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A.M. Edition for April 9. Global stocks fall and oil prices are climbing as cracks in the fragile U.S.-Iran truce begin to show. Israel’s deadly attacks in Lebanon have emerged as a key sticking point for Tehran, while tanker traffic remains snarled in the Strait of Hormuz. Plus, with businesses and consumers feeling the economic impacts of the war, WSJ editor Alex Frangos says another long-term problem is looming: Americans aren’t having enough babies. And AI companies are trying to avert a public backlash for a distrustful public. Daniel Bach hosts.


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P.M. Edition for April 8. The U.S.- Iran ceasefire is fragile, with divisions over the Strait of Hormuz and other key issues. WSJ national security reporter Shelby Holliday explains what’s at stake in the Middle East. Stocks rally and oil prices plunge after the ceasefire. WSJ markets reporter Hannah Erin Lang tells us about the latest TACO trade. Plus, economists are getting worse at forecasting one of the most important economic indicators. WSJ economics reporter Matt Grossman tells us what’s throwing off their models, and why it matters for investors. Imani Moise hosts.


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P.M. Edition for April 8. The U.S.- Iran ceasefire is fragile, with divisions over the Strait of Hormuz and other key issues. WSJ national security reporter Shelby Holliday explains what’s at stake in the Middle East. Stocks rally and oil prices plunge after the ceasefire. WSJ markets reporter Hannah Erin Lang tells us about the latest TACO trade. Plus, economists are getting worse at forecasting one of the most important economic indicators. WSJ economics reporter Matt Grossman tells us what’s throwing off their models, and why it matters for investors. Imani Moise hosts.


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A.M. Edition for April 8. The U.S. and Iran have reached a 14-day ceasefire agreement aimed at reopening the Strait of Hormuz and pausing weeks of escalating military strikes. With Tehran touting the deal as a strategic win, WSJ Middle East correspondent Jared Malsin details what we know about the truce and whether the Strait is in fact reopening. Plus, how markets – and central banks – are responding to the U.S. and Iran walking back from the brink. And Republicans beat back a Democratic push to win Marjorie Taylor Green’s House seat. Luke Vargas hosts.


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Correction: India’s central bank is called the Reserve Bank of India. An earlier version of this podcast incorrectly referred to it as the Royal Bank of India. (Corrected on April 9)

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A.M. Edition for April 8. The U.S. and Iran have reached a 14-day ceasefire agreement aimed at reopening the Strait of Hormuz and pausing weeks of escalating military strikes. With Tehran touting the deal as a strategic win, WSJ Middle East correspondent Jared Malsin details what we know about the truce and whether the Strait is in fact reopening. Plus, how markets – and central banks – are responding to the U.S. and Iran walking back from the brink. And Republicans beat back a Democratic push to win Marjorie Taylor Green’s House seat. Luke Vargas hosts.


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Correction: India’s central bank is called the Reserve Bank of India. An earlier version of this podcast incorrectly referred to it as the Royal Bank of India. (Corrected on April 9)

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