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INFLATION EASED IN AUGUST, THOUGH PRICES STAYED HIGH

The consumer-price index rose 5.3% from a year before as supplies and labor
continued to drive up prices.8 min ago6 min read

 * STOCKS TURN LOWER

 * HEARD ON THE STREET: FOR THE FED, INFLATION DOESN’T MATTER...FOR NOW


AMERICANS’ INCOMES FELL IN 2020

Median household income was $67,500 in 2020, down 2.9% from the prior year, as
the U.S. dealt with the economic fallout from the Covid-19 pandemic.583 min read

◆ WSJ News Exclusive


IRANIAN GUARDS HARASSED FEMALE U.N. NUCLEAR INSPECTORS, DIPLOMATS SAY

The previously unreported incidents at Iran’s main nuclear facility allegedly
involved inappropriate touching of female inspectors by male security guards
and orders to remove clothing, diplomats said.5 min read

◆ WSJ News Exclusive


CHEVRON TO TRIPLE LOW-CARBON INVESTMENT

The oil giant plans to spend $10 billion through 2028 on technologies such as
biofuels and hydrogen, up from a prior commitment of around $3 billion.3 min
read

 * BP TAPS RENEWABLE POWER SPECIALIST IN GREEN ENERGY PUSH


APPLE TO REVEAL NEW IPHONE LINEUP

After weeks of turbulent headlines, CEO Tim Cook is expected to take the virtual
stage Tuesday to attempt refocusing attention on the key driver of Apple’s
success: the iPhone.404 min read

 * CYBER FLAW ALLOWS SILENT IPHONE HACK

 * HEARD ON THE STREET: APPLE, GOOGLE COULD STILL WIN FROM APP STORE LOSS


TALIBAN’S PLEDGE OF AMNESTY MEETS WIDESPREAD DISTRUST

Some government servants of the fallen Afghan republic have answered the
Taliban’s call to return to work. But there have been enough revenge killings to
create a sense of dread among former members of the military and police.6 min
read

 * U.S. SPIES SEE SIGNS OF AL QAEDA FIGHTERS RETURNING TO AFGHANISTAN

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The Facebook Files


FACEBOOK KNOWS INSTAGRAM IS TOXIC FOR TEEN GIRLS, COMPANY DOCUMENTS SHOW

Its own in-depth research shows a significant teen mental-health issue that
Facebook plays down in public. Part 2 in a series offering an unparalleled look
inside the social-media giant’s failings—and its unwillingness or inability to
address them.291Long read

 * PART 1: FACEBOOK SAYS ITS RULES APPLY TO ALL. DOCUMENTS REVEAL A SECRET ELITE
   THAT’S EXEMPT.

Watch Live


UNITED AIRLINES CEO TALKS ABOUT THE INDUSTRY AT WSJ’S FUTURE OF TRANSPORTATION

United Airlines CEO Scott Kirby joins WSJ’s Scott McCartney to discuss his
vision for the future of flying and his thoughts on the impact of enhanced
health and safety measures, new pricing models and the recent recruitment drive
for pilots.9 min ago


NEWSOM FACES RECALL ELECTION IN CALIFORNIA

California voters are deciding Tuesday whether to make Gavin Newsom the second
governor to be recalled in the history of America’s most populous state over
frustration with his handling of the Covid-19 pandemic.4 min read

 * HOW THE RECALL EFFORT UNFOLDED

 * BIDEN CAMPAIGNS FOR NEWSOM


STEVEN COHEN TO INVEST IN NEW CRYPTO QUANT TRADING FIRM

The hedge-fund manager and owner of the New York Mets agreed to make an initial
investment in Radkl, which will be led by partners of high-speed trading firm
GTS.224 min read


ESTATE TAXES ARE EASY TO AVOID. HOUSE DEMOCRATS WANT TO CHANGE THAT.

Fewer than 2,000 filers paid the estate tax in 2020. Democrats are proposing
changes that would likely increase that number.173 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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The Facebook Files, Part 1: The Whitelist
An investigative series dives into an extensive array of internal Facebook
documents. WSJ's Jeff Horwitz explains how high-profile users are shielded from
the site's rules.Read Transcript
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IN FLORIDA, COASTAL COUNTIES FUEL POPULATION GROWTH—AND CLIMATE CONCERNS4 MIN
READ


THE SPACEX INSPIRATION4 LAUNCH: WHAT TO KNOW ABOUT THE ORBITAL MISSION5 MIN READ

Jason Gay


JUST WON A CRAZY GAME, BABY! RAIDER FANS DEBUT IN VEGAS5 MIN READ


COLUMNISTS


A DIFFERENT 9/11 REMINDER: THERE’S STILL PLENTY OF ROOM FOR OPTIMISM

By Gerald F. Seib


HE ACTED IN MORE THAN 20 MOVIES. NOW THE T-SHIRTS HE MADE ON THE SIDE ARE WORTH
THOUSANDS.

By Jacob Gallagher


THE NUMBERS ON WORK IN THE COVID-19 ERA

By Rachel Feintzeig


WSJ PROMOTION


SUMMER SALE

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




SUMMER SALE

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


OFFICES REOPEN WITH SAFETY PLANS, BUT COMMUTES SPOOK WORKERS

Companies are trying to arrange the safe return of workers to big-city offices,
but one factor remains beyond their control: the mass-transit commute.1557 min
read

 * ASIA PONDERS POST-VACCINATION MOVES

 * WHAT TO KNOW ABOUT FLU VACCINE


MALLS BOUNCE BACK BUT BRACE FOR TOUGH FALL SEASON



Analysts say that nicer weather got people out of the house and that newly
vaccinated Americans felt better being around strangers in enclosed spaces.33
min read


AMAZON ADDING 125,000 WORKERS, OPENING DOZENS OF FACILITIES



The technology giant is preparing for the coming holiday shopping period, a time
in which a tight labor market is set to make it more challenging to find staff.3
min read


PAYTM BLAZED A TRAIL IN INDIAN FINTECH BUT FACES CROWDED MARKET AS IPO NEARS

The $2.2 billion listing will see the company beat China’s Ant to the public
markets, but it isn’t the dominant player in payments that it wanted to become.7
min read


GARY GENSLER OUTLINES SEC AGENDA IN SENATE HEARING



The Securities and Exchange Commission chairman highlighted investor protection
and sought more resources for the agency.2 min read


WORLD


TRIAL OVER KILLING OF ACTIVIST DRIVES DISSENT AGAINST PALESTINIAN LEADERSHIP

The trial of 14 members of Palestinian Authority security forces accused of
beating to death a critic of President Mahmoud Abbas has highlighted the growing
reach of paramilitary troops in the West Bank and a creeping culture of
authoritarianism.4 min read




RUSSIA’S PUTIN SELF-ISOLATING AFTER COVID-19 EXPOSURE IN INNER CIRCLE



The Russian president is healthy and was tested for the virus, his press
secretary said.2 min read


CHINESE SEXUAL-HARASSMENT CASE RESUMES



Backers of a civil case brought by a former intern at China’s state broadcaster
see it as a test of the government’s willingness to address gender issues.5 min
read




U.S.


TROPICAL STORM NICHOLAS HITS TEXAS, PROMPTS FLASH-FLOOD WARNINGS

Parts of Louisiana may see as much as 20 inches of rain, and more than 500,000
in Texas are without power.2 min read


COVID-19 LIKELY TO OVERSHADOW AFGHANISTAN, ABORTION AND SPENDING PLANS IN
MIDTERMS

The pandemic’s trajectory and impact remain the top concerns for voters, even
with Afghanistan, abortion rights and multitrillion-dollar domestic spending
proposals competing for attention, strategists in both parties say.6 min read


U.S. SPIES SEE SIGNS OF AL QAEDA’S RETURN TO AFGHANISTAN

CIA Deputy Director David Cohen shared the findings at a conference on Tuesday,
as Secretary of State Antony Blinken defended the Biden administration’s
handling of the withdrawal on Capitol Hill.26 min ago4 min read


DEMOCRATS HEAR CONFLICTING MESSAGES FROM VOTERS ON $3.5 TRILLION PLAN

In Virginia, centrist Rep. Abigail Spanberger tries to balance pushing through
new spending on social safety programs while being attuned to worries from
constituents about whether that amount of spending could fuel inflation.5 min
read




LIFE & WORK


TIMOTHÉE CHALAMET, RIHANNA, BILLIE EILISH AND THE 41 BEST LOOKS OF THE MET GALA
2021

Fashion’s biggest night finally returned—with a dose of national pride—at the
Metropolitan Museum of Art. See all the most notable looks from the red carpet.2
min read

Anatomy of a Song


HOW ‘GO YOUR OWN WAY’ HELPED LINDSEY BUCKINGHAM GET OVER STEVIE NICKS



Desolate over the couple’s breakup in 1975, Fleetwood Mac’s Lindsey Buckingham
wrote the first single from the “Rumours” album. “The lyrics were an honest
representation of what I was feeling,” he says.187 min read


LISA RINNA DOES NOT BELIEVE IN RULES, BEAUTY OR OTHERWISE



“I do whatever I want whenever I want.” The Real Housewives of Beverly Hills fan
favorite, social media sensation and beauty impresario on elaborate product
rituals, good genes and weaning her husband off baby oil.7 min read


VACCINE MANDATES ARE COMING TO OFFICES, BUT THE HONOR SYSTEM RULES



Shifting guidance on mask wearing and a lack of disclosure over vaccination
status rattle some workers going back to offices.1196 min read


VIDEO

Gov. Gavin Newsom Faces California Recall Election
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GOV. GAVIN NEWSOM FACES CALIFORNIA RECALL ELECTION

5:11


HUNDREDS OF IPHONES ARE IN ‘TED LASSO.’ THEY’RE MORE STRATEGIC THAN YOU THINK.

7:06


COVID VACCINE EFFICACY NUMBERS, EXPLAINED

6:00





CMO


FAKE WALMART PRESS RELEASE SPURS A CRYPTOCURRENCY SPIKE; INTUIT AGREES TO BUY
MAILCHIMP; FOX PICKS UP TMZ


TOM BRADY, GISELE BÜNDCHEN TO STAR IN CRYPTO EXCHANGE CAMPAIGN3 MIN READ


STREAMING LOOSENS NIELSEN’S GRIP OVER TV RATINGS8 MIN READ


CIO


IT LEADERS ADJUST HIRING STRATEGIES WITH TECH TALENT EVEN MORE IN DEMAND4 MIN
READ


TARGET CIO MIKE MCNAMARA TO RETIRE NEXT YEAR2 MIN READ


CIOS SAY PC SHIPMENTS ARE DELAYED BY MONTHS3 MIN READ


CFO


STOCK BUYBACKS BEAT CAPITAL SPENDING FOR MANY BIG COMPANIES5 MIN READ


BIG BANKS OFTEN LOOK INSIDE WHEN HIRING CFOS3 MIN READ


BIG FOUR FIRMS EY, DELOITTE REPORT HIGHER REVENUE3 MIN READ


RISK & COMPLIANCE


U.S. TREASURY TO FINISH SANCTIONS POLICY REVIEW THIS FALL4 MIN READ


THE MORNING RISK REPORT1 MIN READ


CREDIT SUISSE NAMES NEW CHIEF COMPLIANCE OFFICER2 MIN READ


LOGISTICS REPORT


ECHO GLOBAL LOGISTICS TO SELL ITSELF TO PRIVATE-EQUITY FIRM IN $1.3 BILLION
DEAL3 MIN READ


PUSH TO LET TEENS DRIVE TRUCKS INTERSTATE DIVIDES INDUSTRY6 MIN READ


U.S. PORTS SEE SHIPPING LOGJAMS LIKELY EXTENDING FAR INTO 20224 MIN READ


BARRON’S


ALIBABA INVESTS IN CHINESE SELF-DRIVING UNICORN IN LATEST ELECTRIC VEHICLE MOVE
1 MIN READ


ORACLE STOCK SLUMPS. WALL STREET IS WAITING FOR ACCELERATING GROWTH.4 MIN READ


CONSTRUCTION OF THE NORD STREAM 2 PIPELINE IS FINISHED. THE CONFLICTS AROUND IT
ARE NOT.6 MIN READ


MARKETWATCH


PALLADIUM PRICES DROP TO THEIR LOWEST IN MORE THAN A YEAR2 MIN READ


‘I JUST DON’T TRUST MY SISTER’: HOW DO I GIFT MONEY TO MY NIECES WITHOUT THEIR
MOTHER HAVING ACCESS TO IT?5 MIN READ


TREASURY YIELDS FALL ACROSS THE BOARD AS TRADERS RECALIBRATE EXPECTATIONS FOR
FED'S NEXT HIKING CYCLE3 MIN READ


MANSION GLOBAL

Independent of The Wall Street Journal newsroom.


SLEEP SMARTER: HIGH-TECH DEVICES TO HELP YOU SLUMBER1 MIN READ


CALIFORNIA VILLA WAS HOME TO ‘FRANKENSTEIN’ DIRECTOR JAMES WHALE IN THE 1930S3
MIN READ


A 275-YEAR-OLD EAST HAMPTON PROPERTY WHERE JACQUELINE KENNEDY ONASSIS LEARNED TO
RIDE CHANGES HANDS2 MIN READ


PENTA


GATES FOUNDATION’S GOALKEEPERS REPORT REVEALS 31 MILLION MORE PEOPLE IN POVERTY5
MIN READ


FULL 79TH FLOOR OF NEW YORK’S 432 PARK AVENUE LISTS FOR $135 MILLION2 MIN READ


HOW PREMIER WINE REGIONS ARE ADAPTING TO CLIMATE CHANGE4 MIN READ


US
EUROPE
ASIA
FX
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1D
5D
3M
6M
1Y
DJIA
34702.27
-167.36
-0.48%
S&P 500
4460.33
-8.40
-0.19%
Nasdaq
15117.28
11.69
0.08%
Russell 2000
2232.79
-7.99
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DJ Total Mkt
46201.04
-96.68
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OPINION


HERE COMES THE BIDEN TAX BILL

By The Editorial Board | Review & Outlook


GAVIN NEWSOM’S WHITE PRIVILEGE

By William McGurn | Main Street


JOE BIDEN’S PRESIDENCY IS INCREDIBLE—NO, REALLY

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