Plus: the Dow touches 40000 before closing lower. Chubb shares climb 4.7% after Warren Buffett’s Berkshire Hathaway announces a $6.7 billion stake in the insurer. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: The Supreme Court on Thursday rejected a constitutional challenge that could have dismantled the Consumer Financial Protection Bureau. President Biden asserts executive privilege over audio of his two-day special counsel interview regarding the handling of classified documents. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Alarm in Washington as Russia tests a weapon with the potential to destroy hundreds of satellites. And, Warren Buffet’s latest big investment is Chubb. Kate Bullivant hosts.   Sign up for the WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Stocks rallied in response to April’s inflation rate falling to 3.4%. Plus: McDonald’s shares rise 1.2% as the fast-food giant plans a $5 meal bundle this summer. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: President Biden and former President Donald Trump agree to two debates in June and September. Slovakia’s prime minister is in critical condition after being shot multiple times. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: The Justice Department says Boeing violated a criminal settlement reached over two 737 MAX crashes. And, OpenAI’s chief scientist Ilya Sutskever is set to leave the company. Kate Bullivant hosts.   Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Alphabet shares rise 0.6% as Google plans to show AI-powered search results to people by year’s end. GameStop shares climb another 60% following Monday’s surge. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: The producer price index that reflects what suppliers charge businesses rose more than expected in April. Walmart plans to cut hundreds of corporate jobs and ask most remote workers to return to offices. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Mining giant Anglo American plans to split up its assets after rejecting a $43 billion takeover offer from rival BHP. And, the White House announces a swathe of new tariffs on China. Kate Bullivant hosts.   Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Intel shares finish 2.2% higher following a WSJ report that it is close to securing $11 billion to build a chip plant in Ireland. Kraft Heinz shares rise 0.7% after we reported it is exploring a sale of Oscar Mayer. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices