2025-06-05
14 分钟President Trump signs a sweeping travel ban and takes fresh aim at Harvard's foreign students.
Plus the tricky needle that central bankers have to thread as inflation concerns spike,
but the data doesn't add up.
The question for central bankers is how quickly are those increases in inflation expectations going to translate into fresh demands for higher wages and then another round of price increases?
And gamers worldwide scramble to get their hands on Nintendo's new Switch 2 console.
It's Thursday, June 5th.
I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
We begin with a trio of actions taken by the White House,
starting with President Trump signing a travel ban preventing citizens from 12 countries from traveling to the U.S.
The countries are largely in the Middle East and Africa and include Afghanistan,
Iran and Yemen.
Trump defended the move, saying it followed a State Department security review.
Their analysis considered are.
The large-scale presence of terrorists,
failure to cooperate on visa security, inability to verify travelers' identities,
inadequate record-keeping of criminal histories,
and persistently high rates of illegal visa overstays and other things.
Haiti is the only country in the Western Hemisphere to face a complete ban,
which the White House justified on the basis of recent illegal immigration trends.