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IT CAN GET WORSE. The first six months were full of surprises, from surging inflation to a crypto implosion. Get ready for more shocks in the second half.5235 min read * WILD FIRST HALF SETS STAGE FOR MORE SWINGS * WHERE DOES THE MARKET GO FROM HERE? SEVEN WALL STREET STRATEGISTS WEIGH IN TESLA VEHICLE DELIVERIES TUMBLE AFTER CHINA FACTORY SHUTDOWN A string of record quarterly deliveries came to an end in the second quarter, when Tesla handed over 254,695 vehicles to customers.5 min read BIDEN ADMINISTRATION WEIGHS MOVE TO TRIM MORTGAGE COSTS Mortgage industry officials say an insurance cut for FHA-backed loans would help entry-level buyers. Republicans say it could increase prices, which are already at an all-time high.2345 min read LIZ CHENEY GOES ALL IN ON JAN. 6 PROBE AS GOP PRIMARY LOOMS The Wyoming congresswoman’s criticism of Donald Trump has alienated many Republicans, opening the door for challenger Harriet Hageman.7497 min read CRYPTO’S DOMINO EFFECT IS WIDENING Losses in the digital-assets industry are blowing holes in balance sheets and pushing firms to near bankruptcy.3037 min read * CRYPTO BROKER VOYAGER DIGITAL SUSPENDS WITHDRAWALS * COINBASE LAUNCHES DERIVATIVES PRODUCT IN CROWDED—AND DEPRESSED—MARKET FORGET FLYING TAXIS—DOWN-TO-EARTH COMPANIES ARE PRIME SPAC TARGETS With deal deadlines looming, industrial, manufacturing and other staid sectors have become more appealing for special-purpose acquisition companies.66 min read * WHILE BIG STOCK SALES AND IPOS STALL, ENERGY INVESTORS ARE MAKING HAY AIRLINE DELAYS, CANCELLATIONS HOBBLE JULY 4TH WEEKEND TRAVEL More than 4,000 flights were delayed as of Saturday evening as a tropical storm moves in off the coast of South Carolina.1731 min ago3 min read * COOKOUTS ATTRACT PARTY CRASHER: RISING FOOD COSTS * DRIVERS ENDURE NEAR-RECORD GAS PRICES END OF CAIRO’S HISTORIC HOUSEBOATS SPELLS HEARTACHE FOR RESIDENTS Given just days to vacate their homes, owners and tenants of Cairo’s historic houseboats are mourning the loss of their properties, long a refuge from the city’s dust and congestion.7 min read MINES, PORT DAMAGE THREATEN REVIVAL OF UKRAINE GRAIN ROUTE U.N.-sponsored talks are aimed at striking an agreement between Moscow and Kyiv to give shipments of Ukrainian grain safe passage—but it could still take weeks, or even months, to get traffic moving again.876 min read * RUSSIAN STRIKE KILLS FOUR IN SLOVYANSK * IN RUSSIAN CITIES, WAR FADES INTO BACKGROUND * WHY SNAKE ISLAND IS KEY TO RUSSIA’S STRATEGY UVALDE SCHOOL DISTRICT POLICE CHIEF QUITS CITY COUNCIL Pete Arredondo said he stepped down for the good of the city administration as he faced allegations that he erred in his response to the mass shooting at Robb Elementary that left 19 students and two teachers dead.3 min read IGA SWIATEK’S 37-MATCH WIN STREAK ENDS AT WIMBLEDON The world No. 1 lost to veteran Alizé Cornet of France in straight sets.3 min read LISTEN TO 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. Two Friends Pulled Apart by a Changing Hong Kong Two Hong Kong artists shared an art studio for 13 years. Now, with China exerting more power, one of them is choosing to leave the city for good. AD Loading advertisement... 00:00 / 23:17 1x Subscribe Apple PodcastsSpotify More Google Podcasts TuneIn Stitcher Amazon Alexa iHeartRadio RSS WIMBLEDON 2022: THE BEST TENNIS STYLE IN LONDON RUSSIAN SOLDIERS RANSACKED CHERNOBYL—AND LEFT A PARTING GIFT THIS $2 MILLION HOME WAS BUILT LIKE AN IKEA CABINET COLUMNISTS WHAT PORN DOES TO TEEN BRAINS—AND HOW TO KEEP IT OFF THEIR DEVICES By Julie Jargon MY BIG TEN WELCOME TO…USC AND UCLA By Jason Gay SHEIN’S RISE WAS NEARLY OVERNIGHT. THE BACKLASH CAME JUST AS FAST. By Rory Satran WSJ PROMOTION SUMMER SALE: €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 SUMMER SALE: €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 iPhone at 15: An Inside Look at How Apple Transformed a Generation Skip Ad in 15 Your browser does not support HTML5 video. 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 21:30 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. THE IPHONE AT 15: AN INSIDE LOOK AT HOW APPLE TRANSFORMED A GENERATION WSJ’s Joanna Stern traces how Apple’s invention matured and changed all of us—perhaps the youngest generation most of all. * HOW APPLE’S ‘WIDESCREEN IPOD’ HAS EVOLVED SINCE 2007 * THE IPHONE’S CREATORS REVEAL THE CONSEQUENCES THEY NEVER EXPECTED * STERN: HOW THE IPHONE CHANGED US ELVIS PRESLEY MOVIE IS JUST THE START OF A FLOOD OF ‘KING’ CONTENT The business of the King of Rock ’n’ Roll lives on through new content and image licensing.94 min read ELON MUSK RETURNS TO TWITTER, POSTING PHOTO WITH POPE The billionaire chief executive of Tesla is normally a prolific user of Twitter, which he is seeking to buy in a $44 billion takeover, but had not tweeted since June 21, his longest absence for years.2 min read A POLITICALLY BIPARTISAN C-SUITE MAY BENEFIT A COMPANY’S STOCK PRICE A study finds that when a company’s leadership becomes less politically diverse, the stock suffers.54 min read OBITUARIES AD EXECUTIVE, SEEKING RETIREMENT PROJECT, CREATED ARTS CENTER IN NAPLES, FLA. Myra Janco Daniels, who has died at age 96, wasn’t ready to relax when she moved south.14 min read SPEEDWAY OWNER ADDED TOUCHES OF LUXURY TO A NOISY SPORT O. Bruton Smith, who has died at age 95, expanded stock-car racing beyond its Southeastern roots and founded a chain of auto dealerships.12 min read BILLIONAIRE RAY-BAN OWNER DIES AT 87 The Italian industrialist built an eyewear empire that spanned some of the biggest fashion brands and was the architect of the megamerger between Luxottica and French lens maker Essilor.3 min read WORLD JENS STOLTENBERG PREPARES TO CONFRONT PUTIN IN EXTRA YEAR AT NATO’S HELM The former Norwegian prime minister passed up an exit opportunity and will spend at least another year guiding the alliance through unprecedented challenges.266 min read * BULLET THAT KILLED SHIREEN ABU AKLEH HANDED TO U.S. * ISRAEL SHOOTS DOWN HEZBOLLAH DRONES HEADED FOR MEDITERRANEAN GAS RIG U.S. POLICE DEPARTMENTS TRY NEW TACTICS TO LURE ROOKIE OFFICERS Police departments across the country are struggling to find capable new recruits amid a rash of departures in the wake of the unrest sparked by the 2020 murder of George Floyd by a Minneapolis police officer.1936 min read TEXAS’ NEARLY CENTURY-OLD ABORTION BAN IN EFFECT FOR NOW, STATE’S HIGH COURT SAYS The Texas Supreme Court blocked a temporary postponement of the ban’s enforcement that abortion providers had won from a judge in Houston.2 min read SUMMER MUSIC TO LISTEN TO: DANCE DANCE REVOLUTION Beyoncé, Drake, Lizzo, Burna Boy, Bad Bunny and more offer sizzling tunes that make you want to move.65 min read * SUMMER GRILLING RECIPES: TOP TECHNIQUES FOR HARNESSING THE FLAVOR OF FIRE * YOUR BEACH READ’S SUNNY COVER MIGHT MASK SOMETHING DARKER PERSONAL FINANCE Ask Encore SOCIAL SECURITY: WE ANSWER READERS’ BIGGEST QUESTIONS Among the issues are whether to take a lump sum if you’re in poor health, and when to file.35 min read HOW TO PEEK AT YOUR 401(K) WITHOUT FREAKING OUT Checking balances too frequently when markets decline can lead to some bad decisions—and more losses over time.565 min read VIDEO Medical Abortions: The Science Behind How Abortion Pills Work Skip Ad in 15 Your browser does not support HTML5 video. 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 5:20 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. MEDICAL ABORTIONS: THE SCIENCE BEHIND HOW ABORTION PILLS WORK 5:20 THREE TOP TIPS FOR NAVIGATING YOUR JULY 4 TRAVEL 4:27 OPEN OFFICE: HOW LINKEDIN REDESIGNED ITS FLAGSHIP FOR HYBRID WORK 7:26 BUY SIDE FROM WSJ THE BUY SIDE TEAM IS INDEPENDENT OF THE WALL STREET JOURNAL NEWSROOM THE RIGHT CREDIT CARD—OR CARDS—COULD SAVE YOU FROM THE WORST VACATION EVER From lost cellphones to smashed rental cars, your credit card may have insurance benefits that can get you out of a jam.8 min read THIS LOW-TECH ROWING MACHINE IS THE HOME-GYM GEAR OF MY DREAMS It’s cardio equipment that actually looks good in a living room4 min read ON SALE NOW: THIS SLEEK OUTDOOR DINING TABLE THAT WON’T CRACK OR WARP IN SUN OR SNOW I finally found a stylish table that is super durable, and it’s 20% off through July 7.4 min read CMO ONLINE HEALTH FIRMS INCREASE ADS FOR MORNING-AFTER PILL4 MIN READ ADVERTISING WEEK, A FIRM THAT RUNS TRADE SHOWS, IS ACQUIRED BY AN EVENTS-HOLDING COMPANY3 MIN READ COMPANIES, TOP MARKETERS SEE VALUE IN PART-TIME ‘FRACTIONAL’ CMO JOBS6 MIN READ CIO STARTUP FOUNDERS SAY VENTURE-CAPITAL INVESTORS ARE DRIVING HARDER DEALS3 MIN READ DATABRICKS TO MOVE SIGNATURE DATA-STORAGE TECHNOLOGY UPGRADES TO OPEN SOURCE4 MIN READ AI-POWERED CODING ASSISTANT AIMS TO HELP, NOT REPLACE DEVELOPERS4 MIN READ CFO COMPANIES RAISE LESS CAPITAL AS MARKETS DROP, INTEREST RATES RISE6 MIN READ FINANCE CHIEFS WEIGH COSTS AND BENEFITS OF STOCK SPLITS5 MIN READ RITE AID CFO LOOKS TO CUT DEBT AS EARNINGS SUFFER4 MIN READ RISK & COMPLIANCE MOST COUNTRIES LACK CRYPTO INFORMATION-SHARING LAWS, WATCHDOG SAYS2 MIN READ U.S. PROMISES STEPPED-UP ENFORCEMENT OF SENSITIVE-TECHNOLOGY RESTRICTIONS3 MIN READ THE MORNING RISK REPORT1 MIN READ LOGISTICS REPORT PORT LABOR TALKS ENTER NEW, HIGH-STAKES PHASE WITH CONTRACT EXPIRING5 MIN READ TRUCKING COMPANY SCHNEIDER INVESTS IN CHEMICALS SUPPLY MARKETPLACE2 MIN READ TODAY’S LOGISTICS REPORT: PORT LABOR CONTRACT EXPIRES; WHEAT PRICES WILTING; OUTPUT HARDLY HUMMING1 MIN READ SUSTAINABLE BUSINESS LACK OF PROGRESS ON DEFORESTATION PUTS NET-ZERO TARGETS AT RISK, STUDY SAYS3 MIN READ GOOGLE’S PLAN FOR 24/7 CARBON-FREE ENERGY RAN INTO HEADWINDS IN 20216 MIN READ INVESTORS BALK AT TOUGH CLIMATE PROPOSALS: 2022 PROXY VOTING ROUNDUP6 MIN READ HEARD ON THE STREET RECESSION MIGHT NOT BE THE BIG RISK FOR CAR STOCKS3 MIN READ MICRON FORETELLS A ROUGH CHIP PATCH AHEAD 3 MIN READ AIRBNB’S BRITISH INVASION FACES POTENTIAL BACKLASH4 MIN READ BARRON’S TESLA JUST HAD ITS BEST PRODUCTION MONTH EVER3 MIN READ TRAVEL CHAOS MEANS YOUR FLIGHT MIGHT BE DELAYED 3 MIN READ AMAZON CLOSES DEAL FOR CHAMPIONS LEAGUE SOCCER STREAMING IN U.K.2 MIN READ MARKETWATCH 10 THINGS TO TALK ABOUT WITH YOUR FINANCIAL ADVISER6 MIN READ 12 WAYS TO MAKE YOUR RETIREMENT BETTER FOR THE PLANET7 MIN READ MACY'S FOURTH OF JULY FIREWORKS: HOW TO WATCH AND WHAT'S NEW IN THE STAR-SPANGLED SHOW4 MIN READ MANSION GLOBAL Independent of The Wall Street Journal newsroom. THE LISTINGS OF THE WEEK: A ‘VILLA IN THE SKY’ IN DUBAI, AN UBER-PRIVATE RANCH IN OREGON AND MORE1 MIN READ AT THE MOUTH OF PORTUGAL’S RIVER DOURO, FOZ DO DOURO OFFERS LUXURIOUS LIVING AND RESPITE FROM THE CITY’S CENTER8 MIN READ MOUNTAIN RETREAT IN COLORADO WITH DIRECT ACCESS TO THE SLOPES LISTS FOR $8.5 MILLION2 MIN READ PENTA GREAT ESCAPES: AUSTRALIAN’S BLUE MOUNTAINS AND WOLGAN VALLEY NATURE RESERVE5 MIN READ LONDON AUCTION SALES RISE NEARLY 28%, BUT SIGNS OF MARKET CAUTION EMERGE4 MIN READ DRIVING THE 2022 PORSCHE 911 TARGA 4 GTS, A CAR WITH HISTORY4 MIN READ WEEKEND READS My Ride HIS STUDEBAKER AVANTI IS READY TO PARTY OPINION A SUPREME COURT FOR THE CONSTITUTION By The Editorial Board | Review & Outlook THE COURAGE OF JAN. 6 WITNESS CASSIDY HUTCHINSON By Peggy Noonan | Declarations HUNTER BIDEN AND THE PRESS: WHO’S THE REAL DEGENERATE? By Holman W. Jenkins, Jr. | Business World CALIFORNIA’S CONCEALED-CARRY LEAK By The Editorial Board | Review & Outlook CANCEL CULTURE GOES TO WASHINGTON By Allen C. Guelzo | Commentary A WARNING FROM AUSTRALIA’S POWER CRISIS By The Editorial Board | Review & Outlook Got a tip for us?Here’s how to submit it. MOST POPULAR NEWS 1. SHEIN’S RISE WAS NEARLY OVERNIGHT. THE BACKLASH CAME JUST AS FAST. 2. WHAT PORN DOES TO TEEN BRAINS—AND HOW TO KEEP IT OFF THEIR DEVICES 3. LIZ CHENEY GOES ALL IN ON JAN. 6 PROBE AS GOP PRIMARY LOOMS 4. FORMER ATLANTA BRAVES PLAYER CHIPPER JONES LISTS GEORGIA HOME FOR $15 MILLION 5. WHAT’S NEXT IN FRONT YARD GARDENS: 7 CURB APPEAL STRATEGIES MOST POPULAR OPINION 1. OPINION: THE COURAGE OF JAN. 6 WITNESS CASSIDY HUTCHINSON 2. OPINION: CANCEL CULTURE GOES TO WASHINGTON 3. OPINION: A SUPREME COURT FOR THE CONSTITUTION 4. OPINION: HUNTER BIDEN AND THE PRESS: WHO’S THE REAL DEGENERATE? 5. OPINION: KILLING THE FILIBUSTER IS ON THE BALLOT RECOMMENDED VIDEOS 1. 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WSJ OPINION: THE ABORTION BATTLE IS BACK 05:23 JOURNAL REPORTS 7 EXERCISES TO IMPROVE YOUR GOLF DRIVE Generate more clubhead speed by working on the hips, back and shoulders.9 min read * THE BEST GOLF PRESHOT ROUTINES: WHAT THE RESEARCH TELLS US * WHY I LOVE GOLF—AND WHAT IT HAS MEANT FOR MY LIFE THE JOYS OF PICKING THE RIGHT GOLF PARTNER6 MIN READ AS PRO GOLFERS HIT FOR GREATER DISTANCE, NEW BALLS MAY REIN THEM IN7 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 sitewide 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 * Buy Side from WSJ * 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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