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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 BROOKLYN SHOOTING SUSPECT TAKEN INTO CUSTODY, FACES TERROR CHARGES New York Police Department officials said officers on patrol in Manhattan’s East Village neighborhood arrested alleged shooter Frank James. Federal prosecutors said he would be charged with a terroristic act on mass transit.5 min read * WHAT WE KNOW ABOUT THE SUSPECT * LATEST UPDATES: ALLEGED SHOOTER FACES LIFE IN PRISON, PROSECUTORS SAY * SHOOTING REVERBERATES AS NEW YORK TRIES TO GET PEOPLE TO RETURN TO WORK * ATTACK CHALLENGES MAYOR’S SAFETY PUSH JPMORGAN’S DIMON SAYS ‘POWERFUL FORCES’ THREATEN STRONG ECONOMY While the bank CEO said the U.S. economy is growing, the company socked away funds to prepare for higher defaults in case of a recession, and its first-quarter profit fell 42%.1314 min read * WHAT THE REPORT TELLS US ABOUT CONSUMERS STOCKS END HIGHER AS EARNINGS SEASON KICKS OFF U.S. stock indexes notched gains as the first earnings reports from major companies began to roll in and investors considered the highest inflation in four decades.21 min ago4 min read HOLIDAY TRAVEL IS BACK—WITH LONG LINES AND BIG WAITS Carriers and airports struggle to ramp up after cutting jobs and idling planes during the Covid-19 pandemic.7 min read * DELTA SAYS TRAVEL REBOUND IS KEEPING PACE WITH SURGING FUEL COSTS * TRANSPORTATION MASK MANDATE TO BE EXTENDED 15 DAYS * WHY AIRFARES ARE UP NEARLY 11% ◆ WSJ News Exclusive STARBUCKS SET TO EXPAND BENEFITS THAT MIGHT EXCLUDE UNION STAFF Starbucks chief Howard Schultz is pushing the company’s campaign against unionization, warning that expanded benefits can’t automatically go to unionized workers.4 min read BIDEN ADMINISTRATION LOOKS TO SPEED STUDENT-LOAN FORGIVENESS FOR DEFRAUDED BORROWERS The Education Department is preparing a new regulation to cancel some for-profit college student debt.2506 min read * BIDEN FORGIVES DEBTORS, IF NOT THEIR DEBTS ◆ WSJ News Exclusive U.S. TO PROVIDE UKRAINE MORE INTELLIGENCE, HEAVIER WEAPONS TO FIGHT RUSSIA The Biden administration is moving to significantly expand the intelligence it is providing to Ukraine’s forces so they can target Moscow’s military units in Russian-occupied Donbas and Crimea, part of a shift in U.S. support that also includes a new security assistance package with heavier weaponry.3465 min read * LATEST: ZELENSKY MAKES BROAD PLEA FOR HEAVY WEAPONS * YELLEN WARNS NATIONS STAYING NEUTRAL IN RUSSIA’S WAR WITH UKRAINE * RISE OF MARINE LE PEN IN FRANCE CHALLENGES WEST’S UNITY AGAINST RUSSIA * ROMAN ABRAMOVICH ASSET FREEZE EXTENDS TO $7 BILLION IN JERSEY AND A FRENCH CHATEAU RUSSIAN FORCES RENEW FOCUS ON SOUTHERN AND EASTERN UKRAINE Moscow is redeploying troops from Kyiv, as the U.S. moves to boost the intelligence it is providing to Ukraine’s forces and provide it more weapons.7 min read * WHY RUSSIA WANTS CONTROL OVER UKRAINE * RUSSIA’S OIL INDUSTRY FEELS STING THE SECRET OF UKRAINE’S MILITARY SUCCESS: YEARS OF NATO TRAINING Extensive programs have taught thousands of soldiers, plus military brass and lawmakers overseeing the armed forces, how to transform from a rigid Soviet-style force into a modern army that thinks on the move.1909 min read * WAR SIDELINES CRUCIAL UKRAINE-MADE FLEET OF CARGO MEGAPLANES WHY IS GASOLINE STILL SO EXPENSIVE IF OIL PRICES HAVE DROPPED? The system that turns oil into gasoline is influenced by thousands of oil producers, dozens of refiners and tens of thousands of gasoline stations making independent decisions.2736 min read ELON MUSK IS SUED FOR DELAYED DISCLOSURE OF TWITTER STAKE The lawsuit alleges the billionaire saved $143 million by delaying the filing, while hurting shareholders who sold stock before his position was publicized.762 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. Why Workers Can’t Get Enough Hours, Even In a Jobs Boom American workers quit a record 47 million jobs in 2021. Te-Ping Chen explains that many workers are leaving because they aren’t getting enough hours.Read Transcript AD Loading advertisement... 00:00 / 14:43 1x Subscribe Apple PodcastsSpotify More Google Podcasts TuneIn Stitcher Amazon Alexa iHeartRadio RSS WHY IT IS HARD TO KNOW WHO NEEDS A COVID-19 BOOSTER: MYSTERIOUS T CELLS4 MIN READ THE OMAHA HOUSE WHERE WARREN BUFFETT LAUNCHED HIS BUSINESS EMPIRE ASKS $799,0005 MIN READ The A-Hed GUM-BANNING SINGAPORE NOW HAS A STICKER PROBLEM4 MIN READ COLUMNISTS AFTER RAPID RECOVERY, WATCH FOR SUDDEN SLOWDOWN By Greg Ip IS SWEARING AT WORK ACCEPTABLE NOW? By Rachel Feintzeig AN OREGON PRISON HOUSES ONE OF AMERICA’S LAST JEAN MANUFACTURERS By Jacob Gallagher WSJ PROMOTION GET UNLIMITED ACCESS FOR LESS THAN US $1/WEEK Get all sides of the story with The Wall Street Journal. From breaking news to political analysis, let our fact-based, trusted journalism help you navigate the local events and their global effects. View Membership Options WSJ PROMOTION GET UNLIMITED ACCESS FOR LESS THAN US $1/WEEK Get all sides of the story with The Wall Street Journal. From breaking news to political analysis, let our fact-based, trusted journalism help you navigate the local events and their global effects. View Membership Options BUSINESS & FINANCE U.S. AND CHINESE BOND YIELDS CONVERGE, REVERSING A DECADELONG PATTERN The vanishing yield advantage comes as investors see the Fed raising rates multiple times to combat inflation, while China’s central bank is expected to gradually ease policy to support its slowing economy.174 min read PELOTON NEEDS TO EXPLORE A SALE, INVESTOR SAYS Blackwells Capital said that the company hasn’t made enough progress under its new chief executive and that the former leader and his allies still hold too much control.2 min read Heard on the Street ALBERTSONS WANTS OUT OF THE DISCOUNT AISLE Impressive results haven’t been enough to lift Albertsons shares out of the bargain bin.4 min read LARRY FINK SAYS BLACKROCK IS STUDYING CRYPTOCURRENCIES The money manager has invested in stablecoin issuer Circle and is seeing increasing client interest in crypto.2 min read U.S. NEW MEXICO FIRE BURNS MORE THAN 150 HOMES, STRUCTURES The McBride Fire prompted officials to issue mandatory evacuation orders for several communities in the area, affecting about 4,000 residents.2 min read TRUCKER BLOCKADE AT TEXAS-MEXICO BRIDGE BRINGS DELAYS TO OTHER SITES Some drivers have sought to bypass Mexican trucker blockades mounted in protest of a new Texas search initiative.4 min read BENJAMIN’S ARREST PUTS HOCHUL’S RE-ELECTION CAMPAIGN IN A BIND New York’s Democratic governor may not be able to remove her officially designated running mate from the ballot.3 min read WORLD CHINA FLIRTS WITH SHORTER QUARANTINES FOR OVERSEAS ARRIVALS The coastal city of Xiamen cuts total quarantine time by 11 days for international travelers, as new cases in Shanghai climb back to 26,000 a day.4 min read * HEARD ON THE STREET: IS SHANGHAI’S COVID DISASTER CHINA’S FUTURE? AUSTRALIA ASKS SOLOMON ISLANDS TO ABANDON CHINA SECURITY PACT Australia urged the archipelago nation to lean on Pacific neighbors for its security needs in its 11th-hour attempt to scupper the planned agreement between the Solomon Islands and China.4 min read BANK OF CANADA INCREASES INTEREST RATES BY HALF-PERCENTAGE POINT, BIGGEST JUMP IN DECADES Officials make a substantial upward revision to their inflation outlook, saying interest rates have further to climb until the consumer-price index moves closer to 2%5 min read GLOBAL TRADE HIT BY UKRAINE WAR, CHINA LOCKDOWNS Accelerating inflation, war in Ukraine and lockdowns in China dented international commerce in March, a sign the global economy is entering a rough patch as policy makers battle to sustain growth.56 min read U.K. INFLATION HITS THREE-DECADE HIGH, PINCHING HOUSEHOLD BUDGETS The inflation rate rose in March as energy prices surged following Russia’s invasion of Ukraine, driving a decline in real incomes that is forecast to be the most severe since the 1950s.3 min read THE FUTURE OF EVERYTHING NEIGHBORS TAKE THE FIGHT AGAINST FIRE THREATS TO THE NEXT LEVEL With wildfires seen intensifying, communities increasingly band together to reduce shared risks.85 min read LIFE & WORK FROM SLEAZY TO STYLISH, LONDON’S KING’S CROSS IS BOOMING The once-derelict neighborhood has experienced a luxe makeover, with high demand and rising property prices.7 min read NEURODIVERSE CANDIDATES FIND NICHE IN REMOTE CYBERSECURITY JOBS The Covid-19 pandemic forced many employees to work from home, leveling the playing field for people with conditions such as autism, who might not fare as well in office settings.6 min read VIDEO Why Russia Wants Control Over Ukraine Skip Ad in 15 Your browser does not support HTML5 video. 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 3:53 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. WHY RUSSIA WANTS CONTROL OVER UKRAINE 3:53 COVID-19 VACCINE FOR YOUNG KIDS: WHAT TO KNOW 4:02 HOW ARE KEYBOARD SHORTCUTS FOR PCS AND MACS DETERMINED? 3:07 CMO SCHICK DESIGNS A DISPOSABLE RAZOR TO APPEAL TO ENVIRONMENTALLY CONSCIOUS CONSUMERS3 MIN READ DIGITAL AD REVENUE JUMPED 35% IN THE U.S. LAST YEAR, BIGGEST GAIN SINCE 20063 MIN READ OPENWEB, WHICH AIMS TO HELP PUBLISHERS CONNECT WITH THEIR READERS, BUYS FRENCH AD FIRM FOR $100 MILLION3 MIN READ CIO CARHARTT’S NEW TECH CHIEF KEEPS FOCUS ON SUPPLY CHAIN2 MIN READ CIOS TAKE MORE STRATEGIC ROLE, ANDREESSEN HOROWITZ’S MARTIN CASADO SAYS3 MIN READ RUSSIAN TECH SPENDING DECLINES AS SANCTIONS TAKE TOLL4 MIN READ CFO PAYPAL CFO JOHN RAINEY LEAVING TO JOIN WALMART AS CFO3 MIN READ HYZON MOTORS RECRUITS NEW CFO MONTHS AFTER SEC SUBPOENA2 MIN READ VACCINE MAKERS PFIZER, MODERNA HIRE NEW CFOS3 MIN READ RISK & COMPLIANCE MERGER INSURANCE GETTING CHEAPER AMID COOLING DEALS MARKET, EXPERTS SAY2 MIN READ DATA COULD HELP TRIM COSTS FOR PRICEY CATASTROPHE INSURANCE, EXPERTS SAY2 MIN READ THE MORNING RISK REPORT1 MIN READ LOGISTICS REPORT AMERICANS ARE PUSHING BACK ON THE WAREHOUSE CONSTRUCTION BOOM6 MIN READ DRIVING INTO DANGER, UKRAINIAN TRUCKERS DELIVER FOOD, CARGO AND AID5 MIN READ TODAY’S LOGISTICS REPORT: TRUCKING’S BORDER BACKUPS; CHINA’S SPREADING SHUTDOWNS; COMMODITIES MARKETS BATTERED1 MIN READ SUSTAINABLE BUSINESS INTEL TO FOCUS ON CHEMICALS TO MEET NET-ZERO GOAL3 MIN READ WALMART MAKES PROGRESS ON EMISSIONS TARGET BY WINNING OVER SUPPLIERS, CSO SAYS6 MIN READ GADGET-RENTAL STARTUP GROVER RAISES $330 MILLION TO EXPAND IN U.S.4 MIN READ HEARD ON THE STREET BED BATH & BEYOND’S DIAMOND HAND SPARKLE COULD WEAR OFF4 MIN READ IS SHANGHAI’S COVID DISASTER CHINA’S FUTURE?4 MIN READ IF THE ECONOMY STAYS AFLOAT, JPMORGAN WILL SAIL THROUGH3 MIN READ BARRON’S STOCKS REBOUND AS BOND YIELDS DIP, EARNINGS SEASON STARTS3 MIN READ AMEX TO OFFER CLIENTS VANGUARD ADVICE. IT MIGHT BE CHEAPER TO GO STRAIGHT TO VANGUARD.3 MIN READ FINRA SUSPENDS EX-MORGAN STANLEY ADVISOR FOR ALLEGEDLY INFLATING CLIENT ASSETS2 MIN READ MARKETWATCH 'GLUE GIRL' PROTESTS TIMBERWOLVES OWNER'S ALLEGED ANIMAL RIGHTS ABUSES BY TRYING TO GLUE HERSELF TO THE COURT AT AN NBA GAME1 MIN READ STOCKS FINISH NEAR SESSION HIGHS AS BOND YIELDS SLIP AND FED'S WALLER SAYS INFLATION MAY HAVE PEAKED5 MIN READ 2-YEAR TREASURY RATE HITS LOWEST LEVEL SINCE MARCH EVEN AFTER A SURGE IN U.S. WHOLESALE PRICES3 MIN READ MANSION GLOBAL Independent of The Wall Street Journal newsroom. IN CALIFORNIA, A NEW-CONSTRUCTION PALM SPRINGS HOME LISTS FOR $5.75 MILLION2 MIN READ MANSION GLOBAL DAILY: LATEST U.S. RELOCATION REPORT; KEY ELEMENTS FOR A ZEN GARDEN AND MORE3 MIN READ MORE U.S. BUYERS LOOK TO MIGRATE AS PRICES KEEP RISING2 MIN READ PENTA KERRY JAMES MARSHALL’S ‘BEAUTY EXAMINED’ COULD FETCH $12 MILLION AT AUCTION2 MIN READ PLOT ON FLORIDA’S MARCO ISLAND SELLS TO BILLIONAIRE BUYER FOR $10.75 MILLION2 MIN READ WORLDWISE: ATLAS OBSCURA FOUNDER DYLAN THURAS’ FAVORITE THINGS4 MIN READ US EUROPE ASIA FX RATES FUTURES Created with Highstock 2.1.8 1D 5D 3M 6M 1Y DJIA 34564.59 344.23 1.01% S&P 500 4446.59 49.14 1.12% Nasdaq 13643.59 272.02 2.03% Russell 2000 2025.10 38.17 1.92% DJ Total Mkt 44976.21 573.62 1.29% View WatchlistView All Market Data → OPINION THIS ISN’T PUTIN’S INFLATION By The Editorial Board | Review & Outlook THE MERCENARIES BEHIND THE BUCHA MASSACRE By Sean McFate | Commentary MURDER CAPITAL OF THE MIDWEST By The Editorial Board | Review & Outlook CAN NEW YORK CITY SAVE ITS SUBWAYS? By Hannah E. Meyers | Commentary MEDIA BIAS AND HUNTER’S LAPTOP By Holman W. Jenkins, Jr. | Business World AMERICA’S SHOPLIFTING EPIDEMIC By The Editorial Board | Review & Outlook Got a tip for us?Here’s how to submit it. MOST POPULAR NEWS 1. THE SAFE INVESTMENT THAT WILL SOON YIELD ALMOST 10% 2. BROOKLYN SHOOTING SUSPECT FRANK JAMES ARRESTED AND IN CUSTODY 3. WHY AIRBNB CLEANING FEES COST SO MUCH NOW 4. GILBERT GOTTFRIED, COMEDIAN KNOWN FOR DISTINCTIVE VOICE, DIES AT AGE 67 5. JPMORGAN’S DIMON SAYS ‘POWERFUL FORCES’ THREATEN STRONG ECONOMY MOST POPULAR OPINION 1. OPINION: THIS ISN’T PUTIN’S INFLATION 2. OPINION: MEDIA BIAS AND HUNTER’S LAPTOP 3. OPINION: THE MERCENARIES BEHIND THE BUCHA MASSACRE 4. OPINION: CALIFORNIA’S NON-EQUAL PROTECTION 5. OPINION: BIDEN’S ETHANOL GAS PRICE TRICK RECOMMENDED VIDEOS 1. WATCH: BROOKLYN SUBWAY SHOOTING SUSPECT FRANK JAMES IS ARRESTED 01:30 2. WHY RUSSIA WANTS CONTROL OVER UKRAINE 03:53 3. WHY GLOBAL SUPPLY CHAINS MAY NEVER BE THE SAME - A WSJ DOCUMENTARY 54:43 4. I BONDS: THE LITTLE-KNOWN BUT SAFE, HIGH-RETURN INVESTMENT 03:26 5. GETTING TOO MANY ROBOCALLS? HERE’S HOW YOU CAN DEAL WITH THEM 03:48 JOURNAL REPORTS CHATBOTS MAY BE BETTER WHEN IT COMES TO GIVING CONSUMERS BAD NEWS A new study suggests that consumers won’t assume AI has a negative motive, so they’re more likely to accept a worse deal3 min read * INSIDE INTEL’S STRATEGY TO COMPETE WITH NVIDIA IN THE AI-CHIP MARKET * IS IT TIME TO REGULATE AI? 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