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The Fed’s preferred inflation gauge also eased. * STOCKS WAVER AFTER SPENDING DATA HOUSE SET TO APPROVE $1.65 TRILLION SPENDING BILL The legislation needs a simple majority in the Democratic-controlled House to pass and head to Biden for his signature.4134 min ago5 min read * TAIWAN TO GET LOANS FOR ARMS * FDA GAINS NEW POWERS * WHAT’S IN THE OMNIBUS BILL PANEL RELEASES FINAL REPORT ON JAN. 6 CAPITOL ATTACK The House’s Jan. 6 select committee released its final report, spelling out evidence for its conclusion that Trump was responsible for the deadly attack on the Capitol.719Long read * HUTCHINSON SAID TRUMP ALLIES URGED HER TO LIMIT TESTIMONY ◆ WSJ News Exclusive IRS DELAYS GIG-TAX FILING RULE FOR SIDE HUSTLES OF MORE THAN $600 The Internal Revenue Service gives millions of Americans a one-year reprieve on new 1099-K tax-reporting requirements, offering relief to users of e-commerce platforms such as eBay, Etsy and Airbnb.2 min read Flights Canceled, Deliveries Threatened as Pre-Christmas Winter Storm Hits U.S. Your browser does not support HTML5 video. 0:00 ADVERTISEMENT 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 0:53 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. Keep hovering to play Live Updates AIRLINES CANCEL THOUSANDS OF FLIGHTS AS SEVERE WEATHER DISRUPTS TRAVEL Airlines nixed over 3,000 more flights Friday with a severe winter storm upending travel during some of the busiest travel days ahead of the Christmas holiday. More than 200 million people are under some type of winter weather warning. * MORE THAN 6,000 FLIGHTS SCRAPPED SINCE WEDNESDAY * HOW TO HANDLE DELAYED AND CANCELED FLIGHTS * WINTER STORM BRINGS BLIZZARD CONDITIONS * CITIES LOOK TO GET HOMELESS PEOPLE INSIDE * PHOTOS: WINTER STORM SCENES UKRAINE CLAIMS HEAVY RUSSIAN LOSSES IN SOUTH Kyiv's military said it struck near Berdyansk, while the Ukrainian mayor of Russian-occupied Melitopol reported a large, unexplained explosion there.4503 min read * RUSSIA THREATENS TO CUT OIL OUTPUT BY UP TO 7% CAROLINE ELLISON APOLOGIZED FOR MISCONDUCT IN FTX COLLAPSE The guilty plea from former chief executive of Alameda Research was sealed until Sam Bankman-Fried was extradited from the Bahamas.5 min ago1 min read PUTIN, ISOLATED AND DISTRUSTFUL, LEANS ON HANDFUL OF HARD-LINE ADVISERSLONG READ PARIS SHOOTING KILLS AT LEAST THREE, WITH KURDISH CENTER AMONG SITES HIT3 MIN READ SIX WAYS TO PROTECT YOUR MONEY IN 2023LONG READ RETAILERS NEED A LAST-MINUTE HOLIDAY GIFT FROM SHOPPERS8 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. Uncontrolled Substances, Part 4: The Reckoning WSJ’s Rolfe Winker and Khadeeja Safdar start reporting stories about Cerebral, and the scrutiny leads to investigations and major changes at the two-year-old company.Read Transcript AD Loading advertisement... 00:00 / 24:24 1x Subscribe Apple PodcastsSpotify More Google Podcasts TuneIn Stitcher Amazon Alexa iHeartRadio RSS THE WORLD CUP FINAL JUST ENDED. THE PREMIER LEAGUE IS ALREADY BACK.4 MIN READ ‘BATMAN’ IS THERE WHEN THE CELTICS NEED HIM6 MIN READ The A-Hed MEDDLING PARENTS HIRE DATING COACHES FOR THEIR GROWN CHILDREN5 MIN READ COLUMNISTS THE CHRISTMAS MOVIE THAT BECAME A CLASSIC BECAUSE OF A MISTAKE By Ben Cohen LIFE AFTER LAYOFF: ASSESSING THE HORIZON By Callum Borchers THE FREQUENT FLIERS WHO GO TO EXTREMES ON MILEAGE RUNS By Dawn Gilbertson WSJ PROMOTION €2 PER MONTH Trust your source. Trust your decisions. Subsribe today and save on a WSJ membership. View Membership Options WSJ PROMOTION €2 PER MONTH Trust your source. Trust your decisions. Subsribe today and save on a WSJ membership. View Membership Options BUSINESS & FINANCE ELON MUSK SAYS HE WILL PAUSE SELLING TESLA SHARES The Tesla CEO says a share buyback would depend on the severity of any recession.4 min read * MUSK’S SPACEX STAKE MOVES LOWER * THE PEOPLE IN MUSK’S INNER CIRCLE SUPPLY CHAINS UPENDED BY COVID ARE BACK TO NORMAL Ports are clear, shipping rates have plunged, retailers enjoy ample inventory and delivery companies have spare capacity.6 min read ◆ WSJ News Exclusive FAA SURVEY FINDS CONCERNS PERSIST ABOUT OFFICE OVERSEEING SOUTHWEST AIRLINES About three-quarters of respondents said the culture in the FAA’s Dallas-area office that oversees the airline hasn’t improved, with some questioning the office’s commitment to safety.3 min read META TO PAY $725 MILLION TO SETTLE CAMBRIDGE ANALYTICA LAWSUIT The proposed settlement would fund payouts to U.S.-based users of Facebook, in what plaintiffs say could be the largest U.S. class-action privacy settlement ever.2 min read AT&T TO BUILD BROADBAND SERVICES OUTSIDE CURRENT MARKETS The telecom company would form a joint venture with BlackRock to fund the rollout of fiber-optic networks in new markets.2 min read WORLD China’s Rapid Reopening Tests Its Covid Preparedness Your browser does not support HTML5 video. 0:00 AD 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 3:14 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. Keep hovering to play CHINA’S RAPID REOPENING TESTS ITS COVID PREPAREDNESS Covid-19 cases in China have surged after authorities scrapped most of its restrictions, prompting residents to self-isolate and stockpile medication. WSJ’s Jonathan Cheng reports from Beijing on the risks that come with the country’s rapid reopening. * CHINESE PHARMACIES STRUGGLE TO STOCK MEDICATION AS COVID SPREADS FRANCE AND U.K. FACE WAVE OF STRIKES DURING HOLIDAY SEASON The U.K. and France braced for disruptions to holiday travel, as British border-control personnel went on strike and French rail workers walked off the job.4 min read JAPAN TO SPEND BILLIONS ON U.S. TOMAHAWK MISSILES IN MILITARY BUILDUP The spending is part of a record defense budget approved by the cabinet equivalent to $51.4 billion for the fiscal year starting in April.3 min read U.S. IN STATES WHERE ABORTION IS LEGAL, SOME CITIES LOOK TO RESTRICT ACCESS A growing number of cities and counties in states that allow abortion are weighing measures that aim to effectively ban or restrict the procedure in their communities.6 min read LAW FIRMS TRADE CORNER OFFICES FOR HOT DESKS As firms consider post-Covid designs and shrinking square footage, the status-symbol office is fading,354 min read BALTIMORE WANTS TO BAN THE SOLICITORS WHO OFFER TO SQUEEGEE WINDSHIELDS Residents are divided over plans to prohibit the practice in six areas and offer the workers job training and other incentives.6 min read Obituary ARNOLD FULTON ESCAPED THE HOLOCAUST AND BECAME AN INNOVATIVE UMBRELLA MAKER The Polish-born entrepreneur, who has died at age 91, hid in a prostitute’s chambers and a monastery as Nazis hunted Jews.4 min read LIFE & WORK WONYA LUCAS IS MAKING TV LOVE STORIES FOR EVERYONE The CEO of Hallmark Media believes that ‘people want to live in a Hallmark movie.’44 min ago6 min read Essay WHEN MARY MET THE ANGEL Two thousand years ago, a young woman in an obscure corner of the Roman Empire received a message that would change the world.19Long read Film Review ‘BABYLON’: THE TALK OF EARLY TINSELTOWN Damien Chazelle creates a loving warts-and-all portrait of late-1920s Hollywood in his star-studded film.254 min read THE GROWN WOMAN’S GUIDE TO AGELESS STYLE Want to burn your pandemic wardrobe? Join the club. Two women—one in her 40s and one in her 60s—seek chic strategies for their next acts.139 min read VIDEO FTX’s Sam Bankman-Fried Released on $250 Million Bond Your browser does not support HTML5 video. 0:00 ADVERTISEMENT 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 1:08 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. Keep hovering to play FTX’S SAM BANKMAN-FRIED RELEASED ON $250 MILLION BOND 1:08 ARCTIC BLAST DISRUPTS HOLIDAY TRAVEL ACROSS MUCH OF THE U.S. 1:52 EBIKE BATTERIES KEEP EXPLODING. WHAT’S THE SOLUTION? 4:39 BUY SIDE FROM WSJ THE BUY SIDE TEAM IS INDEPENDENT OF THE WALL STREET JOURNAL NEWSROOM 39 MAJOR HOLIDAY SALES TO SHOP RIGHT NOW Save on foolproof gifts, holiday decor and so much more.Long read 34 STOCKING STUFFERS FOR MEN AND WOMEN THAT ARE FUN AND USEFUL Because you can do better than candy canes.Long read 15 BEST GIFTS FOR BOOK LOVERS Take a page from the pros and go with these no-fail finds for avid readers.8 min read CMO THIS NEW APP WANTS TO PAY YOU TO SHARE YOUR DATA FOR ADVERTISING6 MIN READ EDGY CAMPAIGNS ARE OUT, TIKTOK WON’T STOP AND OTHER 2023 PREDICTIONS FOR MARKETERS8 MIN READ FENTANYL AWARENESS CAMPAIGN URGES PARENTS TO ‘DROP THE F-BOMB’ WITH THEIR KIDS2 MIN READ CIO HOW CIOS ARE WEIGHING TECH PRIORITIES IN 2023 AGAINST ECONOMIC REALITIES5 MIN READ CORPORATE TECH LEADERS UNTANGLE THEIR CYBERSECURITY ROLES4 MIN READ TECH SPENDING PRESSURES FUEL DEMAND FOR SPECIALIZED INDUSTRY CLOUDS4 MIN READ CFO FANATICS HIRES CFO FOR COLLECTIBLES BUSINESS AFTER TOPPS DEAL4 MIN READ LENDINGCLUB’S NEW CFO TASKED WITH PREPARING ITS BALANCE SHEET FOR A DOWNTURN5 MIN READ COMPANIES STRENGTHEN COLLECTIONS, AIM TO GET CASH IN THE DOOR AS THREAT OF DOWNTURN LOOMS5 MIN READ RISK & COMPLIANCE INTEL’S NEW COMPLIANCE CHIEF NAVIGATES GEOPOLITICS, SUPPLY-CHAIN SHIFT5 MIN READ DOJ ACCUSED OF OUTSOURCING INVESTIGATION IN COGNIZANT CASE5 MIN READ THE MORNING RISK REPORT1 MIN READ LOGISTICS REPORT RETAILERS PULL BACK FROM USING CHARTERED CARGO SHIPS4 MIN READ EYELINER OUT OF STOCK? BLAME TIKTOK5 MIN READ TODAY’S LOGISTICS REPORT: SUPPLY CHAIN CRISIS FADES; RETAILERS DROPPING SHIP CHARTERS; BUILDING FOR DELIVERY1 MIN READ SUSTAINABLE BUSINESS COMPANIES MUST REDUCE IMPACT ON BIODIVERSITY UNDER NEW U.N. RULES4 MIN READ STARTUP PLANS TO MAKE SYNTHETIC NATURAL GAS WITH GREEN HYDROGEN6 MIN READ CORPORATE BIODIVERSITY REPORTING TAKES SHAPE AT U.N. SUMMIT4 MIN READ HEARD ON THE STREET CHIPS NEED MORE BAD NEWS3 MIN READ SHOPLIFTING FUELS A $94.5 BILLION PROBLEM AT AMERICAN STORES5 MIN READ CARMAX PRACTICES DEFENSIVE DRIVING3 MIN READ BARRON’S TESLA, AMC, ENERGY STOCKS, AND MORE STOCK MARKET MOVERS FRIDAY2 MIN READ AIRLINES CANCEL THOUSANDS OF FLIGHTS, POWER OUTAGES CAUSE CHAOS AHEAD OF THE HOLIDAY3 MIN READ PREDICT WHAT’S AHEAD FOR 2023: TAKE OUR FORECASTING QUIZ1 MIN READ MARKETWATCH THIS MCDONALD'S IN TEXAS IS THE FIRST-EVER WITH A FULLY AUTOMATED DRIVE-THROUGH3 MIN READ SEVERE WINTER STORM PUSHES POWER OUTAGES ABOVE 1.5 MILLION. WHEN WILL THE ELECTRIC GRID BE UPDATED? 9 MIN READ VERANO CANNABIS CULTIVATION TAKES ROOT IN MASSIVE EX-RETAIL SPACE AS LEGAL INDUSTRY GEARS UP5 MIN READ MANSION GLOBAL Independent of The Wall Street Journal newsroom. 19TH-CENTURY TOWNHOUSE ON MANHATTAN’S ‘AUTHOR’S ROW’ LISTED FOR $10.72 MILLION2 MIN READ LONDON PENTHOUSE WITH AN INNER COURTYARD CHANNELS INDUSTRIAL CHIC3 MIN READ CAN BUYERS IN THE U.S. GET A BETTER DEAL ON NEWLY BUILT HOMES NOW?7 MIN READ PENTA UPPER WEST SIDE TOWNHOUSE WITH A PLUSH BAR AND INDOOR POOL LISTS FOR $17.5 MILLION2 MIN READ THE WINTER SHOW FOR ARTS, ANTIQUES COLLECTORS RETURNS TO PARK AVENUE ARMORY2 MIN READ A CROSS-SHAPED PENDANT WORN ONLY BY PRINCESS DIANA HEADING TO AUCTION2 MIN READ SIGN UP FOR CAPITAL JOURNAL A weekday newsletter of scoops, analysis and exclusive insights on what's happening in Washington and beyond from the WSJ's D.C. reporting team. Preview Subscribe Close Message SIGN UP FOR CAPITAL JOURNAL I agree to the Terms of Use, Privacy Notice and Cookie Notice. I would like to receive updates and special offers from Dow Jones and affiliates. I can unsubscribe at any time. Your Email Sign Up Please Check Your Inbox. We've sent a confirmation email for your subscription. You can also review our Privacy Policy and Cookie Policy Close OPINION REPUBLICANS LOSE THE PLOT ON THE UKRAINE-RUSSIA WAR By The Editorial Board | Review & Outlook THE LAST OF THE HOLLYWOOD SQUARES By Matthew Hennessey | Commentary HOW SENATE REPUBLICANS CAN PREVENT A FUTURE OMNIBUS SPENDING BILL By Chris Jacobs | Commentary CONGRESS’S OMNIBUS HEALTHCARE MALPRACTICE By The Editorial Board | Review & Outlook THE SUBSIDY TANGO OF BILL GATES AND JOE MANCHIN By The Editorial Board | Review & Outlook ABOUT THAT ‘IMMACULATE RECEPTION’ By Patrick Gray | Houses of Worship Got a tip for us?Here’s how to submit it. MOST POPULAR NEWS 1. SAM BANKMAN-FRIED RELEASED ON $250 MILLION BOND 2. ‘STANFORD HATES FUN’: STUDENTS REVOLT AFTER TREE MASCOT SUSPENSION 3. THE CHRISTMAS MOVIE THAT BECAME A CLASSIC BECAUSE OF A MISTAKE 4. SIX WAYS TO PROTECT YOUR MONEY IN 2023 5. TESLA DOUBLES DISCOUNTS ON MODEL 3, MODEL Y VEHICLES MOST POPULAR OPINION 1. OPINION: REPUBLICANS LOSE THE PLOT ON THE UKRAINE-RUSSIA WAR 2. OPINION: THE SUBSIDY TANGO OF BILL GATES AND JOE MANCHIN 3. OPINION: CHINA’S LET-IT-RIP COVID REOPENING 4. OPINION: SPARE US A TRUMP-BIDEN REMATCH 5. OPINION: THE BACK END OF AN OMNIBUS RECOMMENDED VIDEOS 1. FTX’S SAM BANKMAN-FRIED RELEASED ON $250 MILLION BOND 01:08 2. ARCTIC BLAST DISRUPTS HOLIDAY TRAVEL ACROSS MUCH OF THE U.S. 01:52 3. DONALD TRUMP’S TAX RETURNS: WHAT THEY SHOW 01:49 4. FLIGHTS CANCELED, DELIVERIES THREATENED AS PRE-CHRISTMAS WINTER STORM HITS U.S. 00:53 5. INSIDE RIVIAN AND FORD’S PLANTS, AS THEY RACE TO BUILD EVS FASTER 08:23 JOURNAL REPORTS BRANDI CARLILE ON HER INCREDIBLE YEAR—AND PAYING IT FORWARD The artist, who recently received seven Grammy nominations, reflects on the joy of getting back on the road, and what comes next.8 min read * HOW COVID SHOWED US THE SECRETS TO HAVING BETTER RELATIONSHIPS * WHAT TV SHOWS DID WE WATCH IN 2022? SO FAR, A LOT OF CRIME IS THE U.S. MOVING ON FROM FREE TRADE? INDUSTRIAL POLICY COMES FULL CIRCLE6 MIN READ EUROPE’S NEW TECH REGULATIONS LEAVE OPEN A BIG QUESTION: HOW WILL THEY WORK?6 MIN READ SPONSORED COUPONS & OFFERS * American Eagle Outfitters: All Jeans + Pants 25% off! Plus, 60% off clearance with American Eagle promo code * Wayfair: Up to 15% off + free shipping at Wayfair * Kohl's: Kohl's Coupon 30% off sitewide * Walmart: Walmart promo code - 10% off InHome delivery * DoorDash: Up to $20 off any order from any restaurant with DoorDash coupon code * Target: 25% off sitewide with this Target Promo Code * 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 * Commercial Partnerships Customer Service * Customer Center * Contact Us * Cancel My Subscription 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 * 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 * Manage Cookies * Copyright Policy * Data Policy * Subscriber Agreement & Terms of Use * Your Ad Choices * Accessibility * Copyright ©2022 Dow Jones & Company, Inc. 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