U.S. Politics Second Federal Judge Rules Trump Can't Block Subpoenas of Financial DocumentsThe Wall Street Journal. - Corinne RameyA federal judge in New York ruled Wednesday that President Trump can’t block subpoenas that House Democrats sent to two banks asking for documents related to his business and family. The ruling, which
Thomas and Breyer's 'Stare' ContestThe Wall Street Journal. - Myron MagnetJustice Stephen Breyer lamented last week that the Supreme Court had overturned “a well-reasoned decision that has caused no serious practical problems in the four decades since we decided it.” Dissenting
Match Words With Actions in Venezuela, Mr. PresidentThe Wall Street Journal. - Lindsey GrahamPresident Trump has stood firmly on the side of the Venezuelan people. He correctly declared Juan Guaidó the legitimate leader and Nicolás Maduro an impostor, urged Venezuelans to resist the Maduro regime,
The Dollar May Be Knocked off Its PedestalThe Wall Street Journal. - Sahil MahtaniWill the U.S. dollar soon lose its status as the world’s pre-eminent currency? The consensus is no—it’s said that any move away from the dollar would take decades. This view is too complacent. Developments
The 'Underpaid Teachers' MythThe Wall Street Journal. - Jason Richwine, Andrew G. BiggsAre public-school teachers really underpaid? It’s a claim often made during teacher pay disputes, but the same data and statistical methods that produce the “teacher salary gap” lead to some ridiculous
Judge Koh's Qualcomm CoupThe Wall Street Journal. - The Editorial BoardThe biggest threat to America’s 5G leadership isn’t China or Huawei, federal Judge Lucy Koh revealed in her sweeping 233-page ruling against Qualcomm Tuesday in a Federal Trade Commission lawsuit. It’s
The Impeachment DemocratsThe Wall Street Journal. - The Editorial BoardPresident Trump walked out of a meeting with Democratic leaders Nancy Pelosi and Chuck Schumer at the White House Wednesday over their accusations against him, and all of Democratic and media Washington
The Turkish Contagion RiskThe Wall Street Journal. - The Editorial PageThese days Turkey acts more like a foe than a NATO ally—helping Iran evade sanctions and deepening military integration with Russia. Yet the greatest threat to U.S. interests may come from President Recep
Democrats Say the Craziest ThingsThe Wall Street Journal. - Karl RoveWe’re all watching a sci-fi movie in which ordinary human beings are infected by an alien pathogen. But rather than go on a murderous rampage, they start spouting pure nonsense. Unfortunately, the infected
The College-Admissions MessThe Wall Street Journal. - Daniel HenningerThe college-admissions bribery scandal was one of the most shocking and least surprising stories of the year. You knew it would come to this—cynical parents gaming a process that has become incomprehensible
For Thrills, You Can't Beat Playoff HockeyThe Wall Street Journal. - Colin FlemingThe playoffs are always more exciting than the regular season. But baseball, football and basketball have nothing on hockey. You know what to expect in the other leagues: The New England Patriots have
'Materials of the Mind' Review: The Lost Art of Reading BumpsThe Wall Street Journal. - Christoph IrmscherIn the summer of 1868, in sweltering Barbados, a man named W.D. Maxwell, a native of the island, gave a series of public lectures on the subject of phrenology. Audience members were pleased; a Mr. Brewster,
U.S. Politics Trump Says He Won't Work With Democrats Until Probes Are DoneThe Wall Street Journal. - Rebecca Ballhaus, Michael C. BenderWASHINGTON—President Trump said he wouldn’t work with Congress while investigations of him continue and abruptly ended a planned infrastructure meeting with Democrats, casting fresh doubt on a divided
Business L Brands Lifts Outlook on Strength of Bath & Body WorksThe Wall Street Journal. - Micah MaidenbergL Brands Inc. raised its profit outlook for the year as the retailer beat overall sales targets in the latest quarter thanks to Bath & Body Works. The Columbus, Ohio-based retailer said Wednesday that
New York City New York City's Spending on Homeless Hits $3.2 Billion This YearThe Wall Street Journal. - Melanie Grayce WestSpending on homelessness in New York City has more than doubled to $3.2 billion from fiscal year 2014 to 2019, according to a report released Wednesday by Comptroller Scott Stringer. The report, which
World News Brazil Cuts 2019 Economic Growth ForecastThe Wall Street Journal. - Jeffrey T. LewisSÃO PAULO—Brazil’s government cut its forecast for economic growth and tax revenue for this year as President Jair Bolsonaro’s administration struggled to get key economic legislation through Congress.
'Manet and Modern Beauty' Review: Forever InventingThe Wall Street Journal. - Mary Tompkins LewisThe French Realist painter Edouard Manet (1832-1883) launched his career with his large-scale and scandalous “Le Déjeuner sur l’herbe” and “Olympia” of 1863. Featuring provocative, unidealized nudes in
Investing SEC Accuses Major U.S. Landlord of Running 'Ponzi Scheme-Like' ScamThe Wall Street Journal. - Cezary PodkulThe federal government accused one of the nation’s largest landlords of running a “Ponzi scheme-like” effort using cash from small investors and of misleading banks to obtain bigger loans by using fake
Opinion 'We're Talking About a Couple Billion Dollars'The Wall Street Journal. - James FreemanA favorite Beltway pastime is to sell voters on the idea of building roads and bridges and then quietly allocate much of the funding to alternative energy start-ups and other economic marginalia. Usually
Judge Clears 1976 New York Murder Conviction as New Evidence PresentedThe Wall Street Journal. - Ben ChapmanA Connecticut man convicted of murder in 1976 expressed both joy and sorrow after a Long Island court cleared his record of heinous crimes he didn’t commit. On Wednesday, the Suffolk County District Attorney’s
Harriet Tubman Plan to Put Harriet Tubman on $20 Bill Is DelayedThe Wall Street Journal. - Kate DavidsonWASHINGTON—Treasury Secretary Steven Mnuchin said he didn’t intend to implement a planned move to put Harriet Tubman on the $20 bill, saying a decision on the change would be pushed off several years.
Mexico City Colony Capital Aims to Invest $5 Billion in Latin AmericaThe Wall Street Journal. - Anthony HarrupMEXICO CITY—Investment-management firm Colony Capital Inc. said its newly acquired business in Latin America seeks to invest $5 billion in the region in coming years, much of it in Mexico. Los Angeles-based
U.S. Politics Military Chain of Command Under New Scrutiny in Assault CasesThe Wall Street Journal. - Kristina Peterson, Ben KeslingWASHINGTON—The role played by the Pentagon’s chain of command in the investigation and prosecution of military sexual-assault cases has resurfaced as a key issue in a congressional debate over the annual
Brexit Party Brexit's Biggest Booster Has a New, Old Mission: Leave the EUThe Wall Street Journal. - Max ColchesterLONDON—Britain’s vote for Brexit was supposed to end Nigel Farage’s career as the country’s euroskeptic cheerleader-in-chief. Amid a blaze of fireworks, stadium rock music and cheers of “Nigel, Nigel,
Business In Debate Over Fed Holdings, Officials Seek Maximum Recession-Fighting FirepowerThe Wall Street Journal. - Nick TimiraosWASHINGTON—Federal Reserve officials began a formal debate at its latest policy meeting around the task of determining the composition of Treasury securities the central bank would hold after it ends runoff
Michael Avenatti Michael Avenatti Charged With Stealing Money Owed to Stormy DanielsThe Wall Street Journal. - Rebecca Davis O’BrienFederal prosecutors charged lawyer Michael Avenatti with stealing hundreds of thousands of dollars owed to his former client, Stormy Daniels, for a book deal the former adult-film actress wrote during
Huawei Huawei Executive Accused by U.S. Startup of Involvement in Trade-Secrets TheftThe Wall Street Journal. - Kate O’KeeffeA Silicon Valley chip startup backed by Microsoft Corp. and Dell Technologies Inc. has accused a top executive at Huawei Technologies Co., Deputy Chairman Eric Xu, of participating in a conspiracy to its
Missouri At Least Four Dead as Dangerous Weather Rips Midwest, SouthwestThe Wall Street Journal. - Jake HollandViolent weather claimed at least four lives across the Midwest and Southwest, and the National Weather Service said flooding along the Missouri and Mississippi Rivers in the next few days could be as as
Business Fed Minutes Show Comfort With Make-No-Moves Rate StanceThe Wall Street Journal. - Nick TimiraosWASHINGTON—Federal Reserve officials were broadly comfortable with their make-no-moves posture on interest rates at their April 30-May 1 policy meeting. Many officials at the meeting said they expected
Saudi Arabia Oil-Rich Saudi Arabia Barrels Into the Gas BusinessThe Wall Street Journal. - Sarah McFarlane, Summer Said, Michael AmonSaudi Arabia’s deal to buy American natural gas is part of a decadelong $160 billion plan to build up its gas assets, as the oil-rich kingdom’s demand for new energy is projected to soar beyond its capacity.
