2026-04-25
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The Justice Department drops its probe of Fed Chair Jerome Powell.
We'll get into what that means for Trump's pick for the next head of the Fed.
Plus, U.S. Officials are heading to Pakistan for more talks with Iran.
And it may have had a rocky start, but now the Las Vegas sphere is the highest-grossing arena in the world.
This idea of building a giant 17,000-seat dome near the Strip puzzled a lot of people.
It turns out it works just because the technology is so immersive.
It's Friday, April 24th.
I'm Alex Oseleff for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
The Justice Department said today that it would end its criminal investigation of Federal Reserve Chair Jerome Powell.
The probe involved Powell's testimony to Congress about cost overruns on the renovation of two historic Fed buildings.
Trump was insisting on the investigation just a few days ago during an interview on CNBC.
We have to find out, why is a job that should have cost $25 million costing?
Billions and billions of dollars.
Trump has also threatened to fire Powell, who has said the investigation was actually
about pressuring the Fed over interest rates.