How America Fell in Love With Cocaine Again

P.M. Edition for Sept. 17. Cocaine use is rising in the U.S., in part because of an excess supply smuggled in by Mexican cartels. WSJ deputy editor for Latin America Santiago Pérez joins to discuss why, and how Trump administration policies may play a role. Plus, the Federal Reserve lowered interest rates by a quarter point today. We hear from WSJ investing columnist Spencer Jakab about how the central bank is shifting its priorities. And after poorer workers closed the gap with the rich in recent years, the gulf is now widening again. WSJ economics reporter Jeanne Whalen talks about what’s causing the growing rift. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.