P.M. Edition for Oct. 19. Saudi Arabia’s Future Investment Initiative conference was scheduled for next week—now, its organizers are <a href="https://www.wsj.com/world/middle-east/saudi-arabia-decides-against-holding-in-person-investor-conference-d9f5e66b?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">postponing the event until next year</a> after Houthi attacks on the country. WSJ foreign correspondent <a href="https://www.wsj.com/news/author/stephen-kalin?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Stephen Kalin</a> explains why it’s a blow to Crown Prince Mohammed bin Salman’s push to attract foreign investment. Plus, high mortgage rates might be putting entry-level home buyers off, but the U.S. luxury housing market <a href="https://www.wsj.com/economy/housing/americas-new-housing-market-is-all-about-luxuryand-it-runs-on-cash-8a5fcb8e?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">is booming</a>. We hear from housing reporter <a href="https://www.wsj.com/news/author/nicholas-g-miller?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Nicholas Miller</a> about what’s driving the K-shaped housing market and what that means for home builders. And “You Can See Everything,” the documentary about the convicted startup founder Elizabeth Holmes, just had a big opening weekend. Journal film and culture reporter <a href="https://www.wsj.com/news/author/esther-zuckerman?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Esther Zuckerman</a> tells us what all the buzz is about (without spoilers). Alex Ossola hosts.

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