WSJ What’s News Trump Ramps Up Threats Ahead of Iran Deadline
Apr 7, 2026
Ray Smith, Wall Street Journal reporter who covers careers and workplace trends, talks about why many Americans over 55 are leaving the labor force. He explains how fear of learning AI and financial cushions are prompting earlier retirements. Short-term effects on promotions and openings for younger workers are also discussed.
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Trump Sets Direct Ultimatum On Strait Of Hormuz
- President Trump set an 8 p.m. ET ultimatum for Iran to reopen the Strait of Hormuz and threatened to bomb bridges and power plants if it didn't reopen.
- Alex Ward and the hosts report negotiators grew pessimistic and Iran immediately cut direct talks with U.S. mediators after the threat.
Bipartisan Backlash To Threats Against Iranian Civilians
- Trump's threats prompted rare bipartisan rebukes, with allies like Sen. Ron Johnson and commentators like Tucker Carlson opposing attacks on civilian infrastructure.
- House Democrats demanded an emergency return to vote to stop a war, and the U.N. warned such strikes would violate international law.
Markets Jitter As Oil Surges On Iran Tensions
- Markets reacted nervously: U.S. indexes were mixed while oil hit about $113 a barrel, a 52-week high, after U.S. strikes on over 50 military targets on Karg Island.
- Traders referenced 'TACO'—expecting Trump to reverse course—leading some to bet against oil-linked positions.