Steven Mnuchin Debt-Ceiling Talks Hit More SnagsThe Wall Street Journal. - Andrew DuehrenWASHINGTON—Negotiations to raise the U.S. government’s borrowing limit and set overall federal spending levels face at least two more hurdles: how to pay for an overhaul of veterans’ health care; and demands
Boeing 737 MAX Profit Rises at United Even as 737 MAX Grounding Crimps Extra FlightsThe Wall Street Journal. - Doug CameronUnited Airlines Holdings Inc. said it is trimming extra flying this year because of the grounding of Boeing Co.’s 737 MAX , though the nation’s second-largest carrier by traffic still expects profits climb.
Facebook Congress Puts Big Tech in CrosshairsThe Wall Street Journal. - Ryan TracyWASHINGTON—Concerns about the power of Big Tech echoed across the capital on Tuesday, with politicians in both parties demanding more regulatory scrutiny of four giant companies’ reach and plans for expansion.
Lion King 'The Lion King': Disney's Circle of LifelessnessThe Wall Street Journal. - Joe MorgensternAs Disney’s remake of “The Lion King” begins, an enormous orange sun rises on an Africa so realistic—so brilliantly and persuasively photorealistic—that you half-expect to hear a narration by David Attenborough.
Planned Parenthood President of Planned Parenthood Is OustedThe Wall Street Journal. - Michelle HackmanLeana Wen was ousted Tuesday as Planned Parenthood Federation of America’s president after just eight months, in a surprise move as the organization faces growing political and legal challenges to abortion
U.S. Politics Little Changes at U.S. Border as Trump Asylum Rules Face LawsuitsThe Wall Street Journal. - Alicia A. Caldwell, Brent KendallFacing legal challenges and armed with few details on how the Trump administration planned to carry out its new asylum policy, U.S. immigration agents proceeded as usual on the American side of the border
Joe Biden The New Biden TaxThe Wall Street Journal. - James FreemanFor a candidate who was supposed to be the voice of moderation in the race for the Democratic presidential nomination, Joe Biden spends a lot of time proposing a surge in federal taxes and spending. Recent
Facebook Facebook Questioned by Lawmakers on Its Libra Digital CurrencyThe Wall Street Journal. - Dave Michaels, Paul VignaWASHINGTON—Senators on Tuesday questioned Facebook Inc.’s plans for its own cryptocurrency, known as Libra, with lawmakers in both parties saying the social-media giant isn’t trustworthy enough to operate
Mark Esper Pentagon Nominee Faces Questions About the Future, but Few About the PresentThe Wall Street Journal. - Nancy A. YoussefArmy Secretary Mark Esper, seeking to become the next U.S. defense secretary, promised senators Tuesday that he would invest in military modernization and tackle the threat posed by “great power competitors”
U.S. Dept. of Defense U.S. Lobbies Oil Buyers, Producers to Secure Gulf Against IranThe Wall Street Journal. - Benoit Faucon, Costas Paris, Summer SaidThe U.S. is lobbying nations that buy and sell Middle East oil to help protect the region’s waterways as concerns grow that Iran is stepping up efforts to disrupt crude exports, according to U.S. and officials
U.S. Politics Old Election Cash Gives New Life to Some Democratic Presidential CandidatesThe Wall Street Journal. - Julie BykowiczWASHINGTON—Some Democratic presidential candidates are finding that their most generous donors are their old campaign accounts, Federal Election Commission reports show. In the first half of the year,
Ricardo Rosselló Puerto Rico Governor Hangs On Despite Calls for ResignationThe Wall Street Journal. - Arian Campo-Flores, Andrew ScurriaPuerto Rico Gov. Ricardo Rosselló vowed to remain in office despite unruly protests Monday night demanding his resignation and a series of scandals plaguing his administration. In the past week, two former
Investing Fed's Evans: Rate Cuts Needed to Defend Fed's Inflation TargetThe Wall Street Journal. - Michael S. DerbyFederal Reserve Bank of Chicago President Charles Evans said in a television interview Tuesday the U.S. central bank needs to lower its short-term rate target to defend its 2% inflation target. “The economy
Investing Consumer Lending Powers Big-Bank Earnings, Upstaging Wall StreetThe Wall Street Journal. - David Benoit, Liz Hoffman, Rachel Louise EnsignU.S. consumers are taking advantage of low interest rates to borrow and spend, boosting banks that cater to Main Street and leaving behind those that don’t. Booming consumer businesses drove quarterly
Mike Pompeo Pompeo Heads to Latin America Amid Concerns Over Immigration, VenezuelaThe Wall Street Journal. - Courtney McBrideWASHINGTON—Secretary of State Mike Pompeo is bound for Latin America this week on a trip set to focus on regional counterterrorism cooperation, the crisis in Venezuela and the Trump administration’s effort
Investing FDIC Plan Would Ease Requirement for Banks Selling Mortgage SecuritiesThe Wall Street Journal. - Lalita ClozelWASHINGTON—A regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market dominated by government-backed entities such Fannie
Turkey U.S. to Withhold F-35 Fighters From Turkey, Trump SaysThe Wall Street Journal. - Michael C. Bender, Vivian SalamaWASHINGTON—President Trump said the U.S. would withhold an order of F-35 stealth jet fighters to Turkey after Ankara received a new air-defense missile system from Russia, calling it a “very tough situation.”
Lara Trump Trump Campaign Launches Effort to Court Female VotersThe Wall Street Journal. - Catherine LuceyKING OF PRUSSIA, Pa.—President Trump’s re-election campaign is launching an effort targeting female voters, hoping to use economic gains on his watch to lure a demographic that has been reluctant to back
World News German Defense Minister Wins Vote for European Union's Top JobThe Wall Street Journal. - Laurence NormanBRUSSELS—European Parliament lawmakers approved German Defense Minister Ursula von der Leyen for the European Union’s top job on Tuesday, but by a razor-thin margin that could deepen the task she faces
DoorDash McDonald's Deal With DoorDash Delivers Blow to Uber EatsThe Wall Street Journal. - Heather HaddonDoorDash Inc. will start making deliveries from McDonald’s Corp. restaurants in Houston later this month, a blow to Uber Technologies Inc. relationship with the burger giant as the only company currently
Amy Berman Jackson Judge Orders Social-Media Silence for Roger StoneThe Wall Street Journal. - Byron TauWASHINGTON—A federal judge banned Roger Stone from using Instagram, Twitter and Facebook over what she said were his repeated violations of a gag order to not discuss any aspects of the government’s case
HBO Emmy Nominations 2019: 'Game of Thrones' Sets Single-Season Record With 32 NodsThe Wall Street Journal. - John Jurgensen“Game of Thrones” led the pack of Emmy nominees on Tuesday with 32 nods, the most ever for any program in a single season. The HBO hit, which ended its eight-season run in May and is already television’s
Business True Value Retools Hardware Supply ChainThe Wall Street Journal. - Jennifer SmithHardware wholesaler True Value Co. is retooling its supply chain in an effort to respond more nimbly in a home-improvement market that is being buffeted by e-commerce and competition from big-box retailers.
The Hamptons A Weekend Getaway That Outshines the HamptonsThe Wall Street Journal. - William SertlDON’T LISTEN to the old-timers who live on the North Fork when they grouch about their humble turf becoming the New Hamptons. The 20-mile strip at the east end of New York’s Long Island sits just across
Rand Paul Kentucky Skirmish: Mitch McConnell Irks Rand Paul With Tax-Treaty PushThe Wall Street Journal. - Siobhan HughesWASHINGTON—Rand Paul has spent eight years in the Senate at odds with fellow Kentuckian and Republican Mitch McConnell, supporting marijuana legalization, tying up the chamber floor with a filibuster defeating
World News For U.S. and France, a Tax Fight Over Tech Giants Remains a Sore PointThe Wall Street Journal. - Paul Hannon, Richard RubinThe stakes for thrashing out a global deal on how to tax tech giants doing cross-border business are rising now that national governments are taking matters into their own hands. French lawmakers last
Jerome Powell Powell Says Fed Must Pay Greater Attention to Global DevelopmentsThe Wall Street Journal. - Nick TimiraosFederal Reserve Chairman Jerome Powell highlighted the growing importance of global developments in monetary policy—a reflection of how slowing growth abroad has likely set the stage for the U.S. central
Investing Natural-Gas Traders Bet Heat Wave Will FizzleThe Wall Street Journal. - Ryan DezemberNatural-gas prices declined for the second straight day Tuesday on signs that producers will continue to push output to new highs, while forecasts that the current heat wave in parts of the U.S. will threatened
U.S. Politics Democrats Prepare House Vote Condemning Trump's TweetsThe Wall Street Journal. - Siobhan Hughes, Michael C. BenderWASHINGTON—House Democrats readied a vote to condemn as racist President Trump’s call for four U.S. congresswomen to “go back” to unspecified countries, while top Republicans defended Mr. Trump amid splits
Steve Cohen Steve Cohen's Point72 Loses Long-Tenured Money ManagersThe Wall Street Journal. - Rachael LevyAbout 20 portfolio managers have left Steven A. Cohen’s hedge-fund firm this year, including several who worked with Mr. Cohen for more than a decade, according to people familiar with the matter. It an
Steven Mnuchin Debt-Ceiling Talks Hit More SnagsThe Wall Street Journal. - Andrew DuehrenWASHINGTON—Negotiations to raise the U.S. government’s borrowing limit and set overall federal spending levels face at least two more hurdles: how to pay for an overhaul of veterans’ health care; and demands
Boeing 737 MAX Profit Rises at United Even as 737 MAX Grounding Crimps Extra FlightsThe Wall Street Journal. - Doug CameronUnited Airlines Holdings Inc. said it is trimming extra flying this year because of the grounding of Boeing Co.’s 737 MAX , though the nation’s second-largest carrier by traffic still expects profits climb.
Facebook Congress Puts Big Tech in CrosshairsThe Wall Street Journal. - Ryan TracyWASHINGTON—Concerns about the power of Big Tech echoed across the capital on Tuesday, with politicians in both parties demanding more regulatory scrutiny of four giant companies’ reach and plans for expansion.
Lion King 'The Lion King': Disney's Circle of LifelessnessThe Wall Street Journal. - Joe MorgensternAs Disney’s remake of “The Lion King” begins, an enormous orange sun rises on an Africa so realistic—so brilliantly and persuasively photorealistic—that you half-expect to hear a narration by David Attenborough.
Planned Parenthood President of Planned Parenthood Is OustedThe Wall Street Journal. - Michelle HackmanLeana Wen was ousted Tuesday as Planned Parenthood Federation of America’s president after just eight months, in a surprise move as the organization faces growing political and legal challenges to abortion
U.S. Politics Little Changes at U.S. Border as Trump Asylum Rules Face LawsuitsThe Wall Street Journal. - Alicia A. Caldwell, Brent KendallFacing legal challenges and armed with few details on how the Trump administration planned to carry out its new asylum policy, U.S. immigration agents proceeded as usual on the American side of the border
Joe Biden The New Biden TaxThe Wall Street Journal. - James FreemanFor a candidate who was supposed to be the voice of moderation in the race for the Democratic presidential nomination, Joe Biden spends a lot of time proposing a surge in federal taxes and spending. Recent
Facebook Facebook Questioned by Lawmakers on Its Libra Digital CurrencyThe Wall Street Journal. - Dave Michaels, Paul VignaWASHINGTON—Senators on Tuesday questioned Facebook Inc.’s plans for its own cryptocurrency, known as Libra, with lawmakers in both parties saying the social-media giant isn’t trustworthy enough to operate
Mark Esper Pentagon Nominee Faces Questions About the Future, but Few About the PresentThe Wall Street Journal. - Nancy A. YoussefArmy Secretary Mark Esper, seeking to become the next U.S. defense secretary, promised senators Tuesday that he would invest in military modernization and tackle the threat posed by “great power competitors”
U.S. Dept. of Defense U.S. Lobbies Oil Buyers, Producers to Secure Gulf Against IranThe Wall Street Journal. - Benoit Faucon, Costas Paris, Summer SaidThe U.S. is lobbying nations that buy and sell Middle East oil to help protect the region’s waterways as concerns grow that Iran is stepping up efforts to disrupt crude exports, according to U.S. and officials
U.S. Politics Old Election Cash Gives New Life to Some Democratic Presidential CandidatesThe Wall Street Journal. - Julie BykowiczWASHINGTON—Some Democratic presidential candidates are finding that their most generous donors are their old campaign accounts, Federal Election Commission reports show. In the first half of the year,
Ricardo Rosselló Puerto Rico Governor Hangs On Despite Calls for ResignationThe Wall Street Journal. - Arian Campo-Flores, Andrew ScurriaPuerto Rico Gov. Ricardo Rosselló vowed to remain in office despite unruly protests Monday night demanding his resignation and a series of scandals plaguing his administration. In the past week, two former
Investing Fed's Evans: Rate Cuts Needed to Defend Fed's Inflation TargetThe Wall Street Journal. - Michael S. DerbyFederal Reserve Bank of Chicago President Charles Evans said in a television interview Tuesday the U.S. central bank needs to lower its short-term rate target to defend its 2% inflation target. “The economy
Investing Consumer Lending Powers Big-Bank Earnings, Upstaging Wall StreetThe Wall Street Journal. - David Benoit, Liz Hoffman, Rachel Louise EnsignU.S. consumers are taking advantage of low interest rates to borrow and spend, boosting banks that cater to Main Street and leaving behind those that don’t. Booming consumer businesses drove quarterly
Mike Pompeo Pompeo Heads to Latin America Amid Concerns Over Immigration, VenezuelaThe Wall Street Journal. - Courtney McBrideWASHINGTON—Secretary of State Mike Pompeo is bound for Latin America this week on a trip set to focus on regional counterterrorism cooperation, the crisis in Venezuela and the Trump administration’s effort
Investing FDIC Plan Would Ease Requirement for Banks Selling Mortgage SecuritiesThe Wall Street Journal. - Lalita ClozelWASHINGTON—A regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market dominated by government-backed entities such Fannie
Turkey U.S. to Withhold F-35 Fighters From Turkey, Trump SaysThe Wall Street Journal. - Michael C. Bender, Vivian SalamaWASHINGTON—President Trump said the U.S. would withhold an order of F-35 stealth jet fighters to Turkey after Ankara received a new air-defense missile system from Russia, calling it a “very tough situation.”
Lara Trump Trump Campaign Launches Effort to Court Female VotersThe Wall Street Journal. - Catherine LuceyKING OF PRUSSIA, Pa.—President Trump’s re-election campaign is launching an effort targeting female voters, hoping to use economic gains on his watch to lure a demographic that has been reluctant to back
World News German Defense Minister Wins Vote for European Union's Top JobThe Wall Street Journal. - Laurence NormanBRUSSELS—European Parliament lawmakers approved German Defense Minister Ursula von der Leyen for the European Union’s top job on Tuesday, but by a razor-thin margin that could deepen the task she faces
DoorDash McDonald's Deal With DoorDash Delivers Blow to Uber EatsThe Wall Street Journal. - Heather HaddonDoorDash Inc. will start making deliveries from McDonald’s Corp. restaurants in Houston later this month, a blow to Uber Technologies Inc. relationship with the burger giant as the only company currently
Amy Berman Jackson Judge Orders Social-Media Silence for Roger StoneThe Wall Street Journal. - Byron TauWASHINGTON—A federal judge banned Roger Stone from using Instagram, Twitter and Facebook over what she said were his repeated violations of a gag order to not discuss any aspects of the government’s case
HBO Emmy Nominations 2019: 'Game of Thrones' Sets Single-Season Record With 32 NodsThe Wall Street Journal. - John Jurgensen“Game of Thrones” led the pack of Emmy nominees on Tuesday with 32 nods, the most ever for any program in a single season. The HBO hit, which ended its eight-season run in May and is already television’s
Business True Value Retools Hardware Supply ChainThe Wall Street Journal. - Jennifer SmithHardware wholesaler True Value Co. is retooling its supply chain in an effort to respond more nimbly in a home-improvement market that is being buffeted by e-commerce and competition from big-box retailers.
The Hamptons A Weekend Getaway That Outshines the HamptonsThe Wall Street Journal. - William SertlDON’T LISTEN to the old-timers who live on the North Fork when they grouch about their humble turf becoming the New Hamptons. The 20-mile strip at the east end of New York’s Long Island sits just across
Rand Paul Kentucky Skirmish: Mitch McConnell Irks Rand Paul With Tax-Treaty PushThe Wall Street Journal. - Siobhan HughesWASHINGTON—Rand Paul has spent eight years in the Senate at odds with fellow Kentuckian and Republican Mitch McConnell, supporting marijuana legalization, tying up the chamber floor with a filibuster defeating
World News For U.S. and France, a Tax Fight Over Tech Giants Remains a Sore PointThe Wall Street Journal. - Paul Hannon, Richard RubinThe stakes for thrashing out a global deal on how to tax tech giants doing cross-border business are rising now that national governments are taking matters into their own hands. French lawmakers last
Jerome Powell Powell Says Fed Must Pay Greater Attention to Global DevelopmentsThe Wall Street Journal. - Nick TimiraosFederal Reserve Chairman Jerome Powell highlighted the growing importance of global developments in monetary policy—a reflection of how slowing growth abroad has likely set the stage for the U.S. central
Investing Natural-Gas Traders Bet Heat Wave Will FizzleThe Wall Street Journal. - Ryan DezemberNatural-gas prices declined for the second straight day Tuesday on signs that producers will continue to push output to new highs, while forecasts that the current heat wave in parts of the U.S. will threatened
U.S. Politics Democrats Prepare House Vote Condemning Trump's TweetsThe Wall Street Journal. - Siobhan Hughes, Michael C. BenderWASHINGTON—House Democrats readied a vote to condemn as racist President Trump’s call for four U.S. congresswomen to “go back” to unspecified countries, while top Republicans defended Mr. Trump amid splits
Steve Cohen Steve Cohen's Point72 Loses Long-Tenured Money ManagersThe Wall Street Journal. - Rachael LevyAbout 20 portfolio managers have left Steven A. Cohen’s hedge-fund firm this year, including several who worked with Mr. Cohen for more than a decade, according to people familiar with the matter. It an
