P.M. Edition for Sept. 19. Since the U.S. government spends about $1 trillion annually on interest for its debt, a lower interest rate should <a href="https://www.wsj.com/economy/central-banking/fed-reserve-rate-cut-national-debt-interest-157d3ff1?mod=WSJ_WNPOD">reduce those costs</a>… right? WSJ tax policy reporter <a href="https://www.wsj.com/news/author/richard-rubin?mod=WSJ_WNPOD">Richard Rubin</a> discusses why the answer is more complex than it may initially seem. Plus, President Trump announced today that he and Chinese leader Xi Jinping have <a href="https://www.wsj.com/tech/tiktok-ban-deal-trump-xi-call-f592d6f7?mod=WSJ_WNPOD">reached a deal over TikTok’s U.S. operations</a>. We hear from the Journal’s tech policy reporter <a href="https://www.wsj.com/news/author/amrith-ramkumar?mod=WSJ_WNPOD">Amrith Ramkumar</a> about what we know about the deal, including which American investors are getting involved. And in the midst of an artificial intelligence boom, the lowly <a href="https://www.wsj.com/tech/ai/hard-drives-are-making-an-ai-comeback-yes-hard-drives-cc6e461f?mod=WSJ_WNPOD">hard drive is making a comeback</a>. Investors are starting to take notice, but as WSJ Heard on the Street writer <a href="https://www.wsj.com/news/author/asa-fitch?mod=WSJ_WNPOD">Asa Fitch</a> explains, hard drive companies’ future prospects could be even greater. Alex Ossola hosts.

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