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Korva Coleman
Live from NPR News in Washington, I'm Korva Coleman. President Trump has arrived in Saudi Arabia, starting a four day trip to the region. He was escorted to the king's Royal Court by guards riding Arabian horses. NPR's Franco Ordonez reports on the lavish welcome Trump is received.
Franco Ordonez
President Trump has been welcomed in Saudi Arabia, including an F15 fighter jet escort to the airport. The Saudi government gave him a second extravagant reception at the royal Court where the Crown Prince Mohammed bin Salman greeted Trump at the foot of a lavender carpet. Each of the nation's national anthems were played and the leaders reviewed divisions of the Saudi military. Trump and the crown prince then walked together into the royal Court for a state visit. The leaders then took a moment to say hello and shake hands with the many attendees, including Saudi notables and an extensive list of U.S. cEOs, including Elon Musk, Sam Altman of OpenAI and Jensen Huang of Nvidia. Franco Ordonez, NPR News, Riyadh.
Korva Coleman
Stock futures on Wall street are trending lower before the market opens this morning. The Dow Jones industrial average soared more than 1,100 points yesterday on news that the US and China were will significantly lower their triple digit tariffs. The Trump administration will also lower tariffs on cheaper goods from China and Hong Kong to 54%. This could affect items bought from Chinese companies like Temu and Shein. NPR Scott Horsley says the on again, off again nature of President Trump's tariffs have made investors very uneasy.
Scott Horsley
Import taxes can go up or down or sideways and businesses and consumers just have to try to make the best of it. That uncertainty about futures tariffs also makes it hard to decide is it worth moving a factory out of China or running the expense of building a plant in the US And BR.
Korva Coleman
Scott Horsley reporting. The Episcopal Church has announced it will end its decades long partnership with the US Government. This came after the church was asked to resettle a group of white South Africans who've arrived in the U.S. jack Jenkins of Religion News Service reports the Trump administration has designated them as refugees.
Sean W. Rowe
Episcopal Church Presiding Bishop the Most Reverend Sean W. Rowe explains in a letter that the request crossed a moral line, citing the church's, quote, steadfast commitment to racial justice and reconciliation and our historic ties with the Anglican Church of southern Africa. The Episcopal Church is part of the Anglican Communion, a global religious body. Famous leaders include the late Archbishop Desmond Tutu, the celebrated opponent of apartheid in South Africa. Roe also voiced frustration with the US Government for essentially freezing the refugee program since January. Afrikaners are among the very few allowed in since Trump took office. For NPR News, I'm Jack Jenkins in Washington.
Korva Coleman
This was produced through a collaboration between NPR and Religion News Service. It's npr. The government will release its latest report on the consumer price index this morning. Analysts expect that annual inflation remains steady in the 12 months surveyed through April of this year. The last report was 2.4%. Analysts are watching for the effect of President Trump's trade war. A new real estate analysis shows more people in the US are buying older homes. As NPR's Jennifer Ludden reports, it's a sign of how few homes have been built nationwide over the past 15 years.
Jennifer Ludden
The typical home bought last year hit a record age 36 years. That's nearly a decade older than back in 2012, according to a new analysis by the real estate brokerage Redfin. The US Housing stock has been aging rapidly since construction plummeted after the 2008 financial crisis. In fact, the report finds the share of homes built in the decade after that was the lowest since World War II. Older homes can come with costly repairs, one reason they're generally less expensive than new ones. But Redfin also finds that price gap is shrinking, in part because more developers are building smaller, lower cost homes like townhouses. Jennifer Ludden, NPR News, Washington.
Korva Coleman
Transportation Secretary Sean Duffy says federal officials will meet representatives from airlines tomorrow in Washington. They're going to discuss air traffic control problems in the Northeast. Many of these stem from flights originating or leaving Newark Liberty International Airport. Duffy says the officials will talk about reducing the number of flights to the New Jersey airport. I'm Korva Coleman, NPR News, from Washington.
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NPR News Now: Detailed Summary of Episode Released on May 13, 2025
Host: Korva Coleman | Release Date: May 13, 2025
Timestamp: [00:17]
NPR host Korva Coleman opens the episode by reporting on President Donald Trump’s arrival in Saudi Arabia for a four-day state visit. The visit marks a significant diplomatic engagement, with Trump being escorted to the Saudi king’s Royal Court by guards mounted on Arabian horses.
Franco Ordonez provides an in-depth account of the extravagant welcome awaiting Trump:
The segment underscores the strategic importance of the visit and the strong economic and political ties between the U.S. and Saudi Arabia.
Timestamp: [01:19]
Korva Coleman transitions to the economic impact of recent developments in U.S.-China trade relations. Following a significant drop in the Dow Jones Industrial Average by over 1,100 points the previous day, stock futures are now trending lower ahead of the market opening.
Key Points:
Scott Horsley elaborates on the broader implications:
Horsley emphasizes the persistent uncertainty surrounding tariffs, which continues to unsettle investors and businesses alike.
Timestamp: [02:09]
Korva Coleman reports a significant development in the relationship between the Episcopal Church and the U.S. government. The church has decided to terminate its long-standing partnership with the federal government following a controversial request to resettle a group of white South African refugees.
Details from Jack Jenkins of Religion News Service:
Sean W. Rowe, the Episcopal Church’s Presiding Bishop, provides insight into the decision:
This decision highlights the church’s dedication to its principles of racial justice and its willingness to stand against government policies it views as morally questionable.
Timestamp: [03:10]
Korva Coleman updates listeners on the upcoming release of the latest Consumer Price Index (CPI) report by the government. Analysts anticipate that annual inflation will remain steady over the 12 months leading up to April, with the previous report indicating a 2.4% inflation rate. The focus remains on how President Trump’s ongoing trade war influences these economic indicators.
Timestamp: [03:45]
Jennifer Ludden delves into a new real estate analysis revealing a noteworthy trend: an increasing number of Americans are purchasing older homes. This shift is attributed to the scarcity of new home construction over the past 15 years.
Key Findings:
Ludden notes that this trend reflects broader economic challenges and shifting consumer preferences in the housing market.
Timestamp: [04:28]
Korva Coleman reports on transportation issues affecting the Northeast corridor, particularly stemming from Newark Liberty International Airport.
Details:
This segment highlights the logistical challenges faced by one of the nation’s busiest airports and the federal government’s efforts to find sustainable solutions.
Notable Exclusions:
This comprehensive summary encapsulates the key discussions and insights from the NPR News Now episode, providing listeners with a clear understanding of the topics covered without requiring them to refer to the original transcript.