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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
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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
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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
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The A-Hed


GUM-BANNING SINGAPORE NOW HAS A STICKER PROBLEM4 MIN READ


COLUMNISTS


AFTER RAPID RECOVERY, WATCH FOR SUDDEN SLOWDOWN

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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


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political analysis, let our fact-based, trusted journalism help you navigate the
local events and their global effects.

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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


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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

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