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Magazine SECTIONS * Fashion * Art & Design * Travel * Food * Culture * Sports SECTIONS * Beijing 2022 Olympics * MLB * NBA * NFL * Golf * Tennis * Soccer COLUMNS * Jason Gay Search Search STOCK FUTURES POINT TO REBOUND AFTER LAST WEEK’S SELLOFF The S&P 500 is on track to edge away from bear-market territory after flirting with such levels in a volatile trading session Friday.42 min ago2 min read * BONDS’ DESCENT STALLS AMID STOCK TURMOIL * SHALE DRILLERS ARE PUMPING OUT DIVIDENDS INSTEAD OF MORE OIL AND GAS BIDEN SAYS U.S. WOULD INTERVENE MILITARILY IF CHINA INVADED TAIWAN The president’s comments, during his first trip to Asia as commander in chief, sparked uncertainty over whether the U.S. was moving away from its longstanding policy of strategic ambiguity on Taiwan.96 min read * BIDEN KICKS OFF ECONOMIC GROUP LINKING U.S., ASIA THREE DOSES OF PFIZER’S COVID-19 VACCINE 80% EFFECTIVE IN YOUNG CHILDREN, COMPANY SAYS The three shots were found effective in preventing symptomatic Covid-19 in children 6 months to 5 years, an early analysis of study data found.10 min ago4 min read DIDI SAYS IT WILL PROCEED WITH DELISTING FROM NYSE The Chinese ride-hailing giant secured approval from its shareholders to delist at a Monday meeting.33 min ago1 min read Watch: Russian Soldier Sentenced to Life in Prison for Murder in Ukraine Skip Ad in 15 Your browser does not support HTML5 video. 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 1:44 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. RUSSIAN SOLDIER SENTENCED TO LIFE IN PRISON IN UKRAINE WAR-CRIMES TRIAL A Russian soldier was convicted of premeditated murder and sentenced to life in prison in Ukraine’s first war crimes trial since the invasion began in February.165 min read * LATEST UPDATES: ZELENSKY LAYS OUT UKRAINIAN LOSSES IN DAVOS SPEECH * STORY BEHIND UKRAINE’S FIRST WAR-CRIMES TRIAL * UKRAINE FORCES SINK RUSSIAN RIVER CROSSINGS * PENTAGON WEIGHS DEPLOYING SPECIAL FORCES TO GUARD KYIV EMBASSY STARBUCKS TO EXIT FROM RUSSIA The coffee chain said it and its licensee would permanently wind down operations in its 130 stores and would continue to pay nearly 2,000 employees in Russia for six months.12 min ago2 min read ◆ WSJ News Exclusive BROADCOM IN ADVANCED TALKS TO BUY VMWARE The tech companies are discussing a cash-and-stock deal that could come soon, setting the stage for what would be one of the year’s biggest deals.2 min read AS BIDEN ZEROES IN ON STUDENT-LOAN FORGIVENESS DECISION, VOTER ANXIETY GROWS8 MIN READ TEXAS ATTORNEY GENERAL FACE-OFF HIGHLIGHTS GOP SHIFT5 MIN READ AVERAGE AGE OF VEHICLES ON U.S. ROADS HITS A RECORD4 MIN READ Personal Finance THE STOCK MARKET’S DROP IS HITTING MANY 401(K)S HARDER THIS TIME5 MIN READ THE JOURNAL. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. View more podcasts Your browser does not support the audio tag. How the Baby-Formula Industry Broke The U.S. is facing a massive shortage of baby formula. WSJ’s Jesse Newman explains the roots of the crisis, and a mother in Kentucky shares her desperate search.Read Transcript AD Loading advertisement... 00:00 / 14:56 1x Subscribe Apple PodcastsSpotify More Google Podcasts TuneIn Stitcher Amazon Alexa iHeartRadio RSS Work & Life HOW TO CARE LESS ABOUT YOUR EMAIL5 MIN READ SHA’CARRI RICHARDSON IS RACING AGAIN. HOW FAST SHE’LL BE IS A MYSTERY.5 MIN READ The A-Hed AT DAVOS THIS YEAR, IT’S GOODBYE SNOW, HELLO PEEP-TOE SHOES5 MIN READ COLUMNISTS IT’S TOO LATE TO PROTECT YOUR GENETIC PRIVACY. THE MATH EXPLAINING WHY By Josh Zumbrun THE SATURDAY I SPENT FIVE-AND-A-HALF HOURS IN LINE WAITING FOR THE IRS By Laura Saunders ‘BOT’: FROM EARLY SCI-FI TO THE ONLINE NUISANCES OF TODAY By Ben Zimmer WSJ PROMOTION SPECIAL OFFER: €2 PER MONTH FOR 1 YEAR Trust your source. Trust your decisions. Subsribe today and save on a WSJ membership. View Membership Options WSJ PROMOTION SPECIAL OFFER: €2 PER MONTH FOR 1 YEAR Trust your source. Trust your decisions. Subsribe today and save on a WSJ membership. View Membership Options BUSINESS & FINANCE THE AIRBNB OF WALL STREET WANTS TO FREE UP TRAPPED BANK CAPITAL Capitolis, backed by JPMorgan and Silicon Valley, is using investor money to help banks do more lending and trading.55 min read RETAILERS MAY OFFER CLUES ON STRENGTH OF CONSUMER SPENDING Macy’s, Dollar General and Costco are among those slated to report earnings this week. Investors are looking for more signs that inflation and lingering effects from the Covid-19 pandemic are wearing on American consumers.5 min read Heard on the Street IT’S TREASURE-HUNT SEASON FOR OFF-PRICE RETAIL What this year’s selling conditions will be like for retailers such as T.J. Maxx and Ross Stores are hard to predict, but the buying environment is starting to look very favorable.3 min read ◆ WSJ News Exclusive CONAN O’BRIEN’S PODCAST COMPANY SELLS TO SIRIUSXM IN DEAL VALUED AROUND $150 MILLION Conan O’Brien sold his hit podcast, “Conan O’Brien Needs a Friend,” to Sirius XM, along with his Team Coco digital-media company and its network of 10 podcasts.4 min read EXODUS FROM MIDTOWN MANHATTAN LED BY TECH AND BANKS New buildings in trendy neighborhoods downtown and on the West Side are luring companies from the corporate corridors of older, staid offices.4 min read U.S. WITH STATE ABORTION RESTRICTIONS LOOMING, SOME OFFICIALS PROMISE NOT TO ENFORCE THEM The pledges against enforcement could create uneven legal landscapes within conservative states that are home to more-liberal urban areas.4 min read SHOOTING ON NEW YORK CITY SUBWAY LEAVES ONE MAN DEAD Police are searching for a suspect who fatally shot a man on a New York City subway train.32 min ago2 min read WHAT’S AHEAD AS SUPREME COURT NEARS HISTORIC SESSION’S END Significant opinions are due in coming weeks on the fate of Roe v. Wade, as well as gun rights, business law, church and state, immigration and other matters.5 min read WORLD AUSTRALIA’S NEW LEADER, ONCE A LEFT-WING FIREBRAND, PROMISES TO UNITE Anthony Albanese has steadily moved toward the center since starting his political career as a student activist and promises to pursue a collaborative leadership approach, but some critics are skeptical that he will truly govern as a moderate.5 min read U.N. HUMAN RIGHTS CHIEF KICKS OFF CLOSELY WATCHED CHINA TRIP The visit is a culmination of yearslong efforts by the United Nations High Commissioner for Human Rights to assess allegations of rights abuses in China’s campaign to forcibly assimilate Muslims in Xinjiang.4 min read IRAN VOWS REVENGE FOR KILLING OF SENIOR REVOLUTIONARY GUARD MEMBER IN TEHRAN Col. Hassan Sayyad Khodaei—who was shot by two motorcyclists outside his home on Sunday–was called a “defender of the shrine,” a catch-all term used by Iranian media to describe its soldiers fighting in Iraq and Syria.3 min read SUSPECTED GRAVES AT CANADA’S INDIGENOUS SCHOOLS PROMPT SEARCH FOR ANSWERS Since the detection of the suspected graves in May 2021, indigenous communities have come forward with information about more than 1,000 possible unmarked graves at or near the school sites.39 min read CHINA SPENDS FAR MORE THAN OTHERS TO HELP FAVORED INDUSTRIES, REPORT FINDS China’s use of state-directed funds, cheap loans and incentives surpasses other major economies.905 min read SPORTS JUSTIN THOMAS WINS THE PGA CHAMPIONSHIP IN A DRAMATIC PLAYOFF The 29-year-old topped Will Zalatoris in the playoff for his second career major win.254 min read LIFE & WORK TIFFANY HADDISH REVEALS HER SECRET CALENDAR PRODUCTIVITY HACK The actor and comedian also discusses her new children’s book and writing a diary in the sauna7 min read ALZHEIMER’S RESEARCHERS PROBE NEW TREATMENT PATHS The commercial failure of Biogen’s drug Aduhelm is putting new focus on the state of research into the causes of Alzheimer’s disease.826 min read VIDEO First Shipment of Baby Formula Arrives in U.S. From Europe Skip Ad in 15 Your browser does not support HTML5 video. 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 0:53 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. FIRST SHIPMENT OF BABY FORMULA ARRIVES IN U.S. FROM EUROPE 0:53 EMPLOYERS, TAKE NOTES. THIS IS WHAT NEW GRADS WANT FROM THE JOB MARKET. 5:44 HYUNDAI PLANS TO BUILD $5.5 BILLION ELECTRIC VEHICLE PLANT IN GEORGIA 1:18 CMO MARKETING BUDGETS RISE AS SHARE OF COMPANY REVENUES, GARTNER SURVEY FINDS2 MIN READ AT TV’S UPFRONT PITCH, TRADITIONAL TV TAKES A BACK SEAT WHILE NETFLIX IS ON EVERY LIP5 MIN READ ELON MUSK’S ALARM OVER TWITTER BOTS ISN’T MATCHED BY ADVERTISERS4 MIN READ CIO CIOS STRESS SUPPLY CHAINS, EFFICIENCY AS RECESSION RISKS RISE3 MIN READ KKR INVESTS IN CUSTOMER FEEDBACK SOFTWARE PROVIDER ALCHEMER2 MIN READ ANTHEM LOOKS TO FUEL AI EFFORTS WITH PETABYTES OF SYNTHETIC DATA3 MIN READ CFO COMPANIES BUYING BACK STOCK ENJOY A DISCOUNT AS MARKETS TUMBLE5 MIN READ COMPANIES CUT ORDERS, BUILD UP INVENTORY AS SUPPLY DISRUPTIONS CONTINUE4 MIN READ FINTECH LENDER UPSTART SAYS IT WON’T KEEP EXCESS LOANS ON BALANCE SHEET4 MIN READ RISK & COMPLIANCE FORMER BITMEX CEO SENTENCED TO HOUSE ARREST ON ANTI-MONEY-LAUNDERING CHARGES2 MIN READ EX-PANAMA PRESIDENT’S SONS SENTENCED TO THREE YEARS IN PRISON IN THE U.S.3 MIN READ WELLS FARGO TO PAY $7 MILLION OVER ALLEGED ANTI-MONEY-LAUNDERING GLITCHES2 MIN READ LOGISTICS REPORT SHIPPING BOTTLENECKS HIT PORT OF NEW YORK AND NEW JERSEY4 MIN READ CALIFORNIA PORTS SAY THREAT OF PENALTY KEEPS CARGO MOVING3 MIN READ TODAY’S LOGISTICS REPORT: RESETTING INVENTORY PLANS; APPLE’S DIVERSE PRODUCTION; AUTOS DRIVING SOUTH1 MIN READ SUSTAINABLE BUSINESS CASH-RICH COMPANIES URGED TO PUSH BANKS TO ACT ON CLIMATE5 MIN READ HUMAN BEHAVIOR IS THE OTHER PUZZLE FOR CLIMATE-CHANGE MODELING5 MIN READ POWER EXECUTIVES SEE ROADBLOCKS TO DECARBONIZATION EFFORTS3 MIN READ HEARD ON THE STREET DELL MIGHT BE TECH’S CHEAP DARK HORSE3 MIN READ YOUR NEXT UBER COULD BE THE BUS 3 MIN READ TECH ROUT MAY TAKE THE SHINE OFF CARTIER’S OWNER3 MIN READ BARRON’S MONKEYPOX FEARS PUSH UP ANTIVIRAL, VACCINE STOCKS. SCALE OF THREAT IS UNKNOWN.3 MIN READ STOCK MARKET GAINS AFTER BEAR MARKET AVOIDED. WHAT TO KNOW.4 MIN READ BOSTON BEER IS MOVING INTO WEED WITH A CANNABIS-INFUSED DRINK1 MIN READ MARKETWATCH WATCH OUT IF YOU’RE MALE, OVER 45, AND THINK YOU KNOW ABOUT INVESTING5 MIN READ DOW FUTURES UP 300 POINTS AFTER BIDEN HINTS THAT CHINA TARIFFS COULD BE RECONSIDERED3 MIN READ GOLD TRADES HIGHER AFTER BREAKING STRING OF 4 STRAIGHT WEEKLY DECLINES1 MIN READ MANSION GLOBAL Independent of The Wall Street Journal newsroom. COLLEGE TOWNS IN A CLASS BY THEMSELVES1 MIN READ A TURNKEY FIVE-BEDROOM HOME ON THE HAWAIIAN ISLAND OF MAUI2 MIN READ HOTELIER TALKS CREATING RESIDENTIAL PROPERTIES INFLUENCED BY AN ESTABLISHED BRAND6 MIN READ PENTA A 1955 MERCEDES-BENZ FETCHES RECORD $143 MILLION AT AUCTION1 MIN READ SULLIVAN RUTHERFORD ESTATE CELEBRATES 50 YEARS IN NAPA VALLEY7 MIN READ GREAT ESCAPES: A ROAD TRIP ALONG CALIFORNIA’S RUGGED COAST IN BIG SUR5 MIN READ US EUROPE ASIA FX RATES FUTURES Created with Highstock 2.1.8 1D 5D 3M 6M 1Y DJIA 31557.32 295.42 0.94% S&P 500 3931.53 30.17 0.77% Nasdaq 11387.12 32.50 0.29% Russell 2000 1773.27 -2.96 -0.17% DJ Total Mkt 39561.33 285.47 0.73% View WatchlistView All Market Data → OPINION CONSTITUTIONAL THUNDER OUT OF THE FIFTH CIRCUIT By The Editorial Board | Review & Outlook HILLARY CLINTON DID IT By The Editorial Board | Review & Outlook JOE BIDEN’S CHOICE: JIMMY CARTER OR HARRY TRUMAN By Robert B. Zoellick | Commentary WHY IS THE FDA SEIZING BABY FORMULA DURING A BABY FORMULA SHORTAGE? By Emily Ekins and Scott Lincicome | Commentary PELOSI’S ABORTION STANCE IS OUT OF COMMUNION By J.D. Flynn | Commentary WORKING TOGETHER HASN’T WORKED FOR KAMALA HARRIS By James Freeman | Best of the Web Got a tip for us?Here’s how to submit it. MOST POPULAR NEWS 1. OLD NAVY MADE CLOTHING SIZES FOR EVERYONE. IT BACKFIRED. 2. CONDITIONS ARE RIPE FOR A DEEP BEAR MARKET 3. STOCK MARKET BOTTOM REMAINS ELUSIVE 4. SERIES I SAVINGS BONDS: WHAT READERS WANT TO KNOW 5. YOUR NEXT UBER COULD BE THE BUS MOST POPULAR OPINION 1. OPINION: HILLARY CLINTON DID IT 2. OPINION: CONSTITUTIONAL THUNDER OUT OF THE FIFTH CIRCUIT 3. OPINION: JOE BIDEN’S CHOICE: JIMMY CARTER OR HARRY TRUMAN 4. OPINION: PELOSI’S ABORTION STANCE IS OUT OF COMMUNION 5. OPINION: A TO-DO LIST FOR THE CLASS OF ’22 RECOMMENDED VIDEOS 1. WHY MARKETS ARE FALLING SO MUCH 02:13 2. WATCH: BIDEN SAYS U.S. WOULD RESPOND MILITARILY IF CHINA INVADED TAIWAN 00:52 3. WSJ OPINION: HITS AND MISSES OF THE WEEK 02:01 4. WSJ OPINION: WHAT WE HAVE LEARNED FROM THE DURHAM INVESTIGATION 05:05 5. WHY THE FDA WANTS TO BAN MENTHOL CIGARETTES 05:36 JOURNAL REPORTS 15 WAYS CONSUMERS CAN DEAL WITH—AND EVEN BENEFIT FROM—RISING INFLATION Among the tactics: Calculate your personal inflation rate and buy the car you’re leasing.Long read * I PLAN FOR EVERYTHING. BUT I DIDN’T SEE INFLATION COMING. * WHEN GIVEN A MENU OF TIPPING OPTIONS, PEOPLE TIP MORE SERIES I SAVINGS BONDS: WHAT READERS WANT TO KNOW6 MIN READ SHOULD YOU UNDO YOUR RETIREMENT AND GO BACK TO WORK? THESE QUESTIONS MIGHT GIVE YOU THE ANSWER.6 MIN READ Sponsored Offers * Wayfair: Up to 15% off + free shipping at Wayfair * Target: Up to 60% off - Target Promo Code * Macy's: Macy's coupon - Sign up to get 25% off next order * Kohl's: Kohl's coupon - 30% off for Rewards members * Saks Fifth Avenue: $20 off sitewide + free shipping - Saks Fifth Avenue coupon * PrettyLittleThing: Sign up for emails and get 20% off PrettyLittleThing discount code + $1 shipping * The Wall Street Journal * English Edition * English * 中文 (Chinese) * 日本語 (Japanese) * * Subscribe Now * Sign In * Back to Top « WSJ Membership * WSJ+ Membership Benefits * Subscription Options * Why Subscribe? * Corporate Subscriptions * Professor Journal * Student Journal * WSJ High School Program * Public Library Program * WSJ Live Customer Service * Customer Center * Contact Us Tools & Features * Newsletters & Alerts * Guides * Topics * My News * RSS Feeds * Video Center * Watchlist * Podcasts * Visual Stories Ads * Advertise * Commercial Real Estate Ads * Place a Classified Ad * Sell Your Business * Sell Your Home * Recruitment & Career Ads * Coupons * Digital Self Service More * About Us * Commercial Partnerships * Content Partnerships * Corrections * Jobs at WSJ * News Archive * Register for Free * Reprints & Licensing * Buy Issues * WSJ Shop * Facebook * Twitter * Instagram * YouTube * Podcasts * Snapchat * Google Play * App Store Dow Jones Products * Barron's * BigCharts * Dow Jones Newswires * Factiva * Financial News * Mansion Global * MarketWatch * Risk & Compliance * WSJ Pro * WSJ Video * WSJ Wine * Privacy Notice * Cookie Notice * Copyright Policy * Data Policy * Subscriber Agreement & Terms of Use * Your Ad Choices * Accessibility * Copyright ©2022 Dow Jones & Company, Inc. 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