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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 U.S. STOCKS TURN LOWER, EXTENDING THREE-DAY SELLOFF Your browser does not support iframes YIELD ON BENCHMARK TREASURY EDGES LOWER U.S. stock indexes handed back early gains Tuesday, following three days of punishing declines. Stocks closed at their lowest levels of 2022 after Monday’s selling. * BITCOIN, OTHER CRYPTOCURRENCIES STABILIZE AFTER MULTIDAY SELLOFF * FED'S WILLIAMS SAYS LOWERING INFLATION IS CENTRAL BANK’S MAIN MISSION * WITH MARKETS VOLATILE AND INFLATION HIGH, IT PAYS TO AUTOMATE YOUR FINANCES PELOTON SHARES SLIDE AS LOSSES MOUNT, SALES SLOW The stationary-bike maker said it secured $750 million in financing from banks to help pay for a turnaround as the company runs low on cash.337 min ago4 min read ◆ WSJ News Exclusive PENSIONS’ BAD YEAR POISED TO GET WORSE Funds that manage retirement savings for teachers, firefighters and other public workers returned a median minus 4.01% in the first quarter.4 min read PROLOGIS OFFERS TO BUY DUKE REALTY IN NEARLY $24 BILLION DEAL Prologis made an offer to buy Duke Realty, a REIT that specializes in industrial properties, in a stock deal valuing Duke at $61.68 a share, or about $23.71 billion.1 min read TESLA AMONG BIGGEST LOSERS AS CHINA’S CAR SALES FALL ON COVID LOCKDOWNS Auto sales in the country declined 36% in April, the worst fall in more than two years, as pandemic measures shuttered factories, disrupted supply chains and kept car buyers at home.44 min ago4 min read * MUSK SAYS HIS TWITTER PLANS ALIGN WITH EU SOCIAL-MEDIA RULES SOFTBANK’S $100 BILLION FUND LAGS BEHIND AFTER FIVE YEARS OF INVESTING SoftBank’s Vision Fund soared with tech stocks but is being battered by the tech selloff.55 min read SOME COVID-19 PATIENTS RELAPSE AFTER TAKING PAXLOVID, PUZZLING DOCTORS Some patients who took Paxlovid to treat Covid-19 have experienced cold-like symptoms such as sore throat and cough two weeks after appearing to get better, puzzling physicians and researchers trying to stay ahead of the virus.225 min read * U.S. FACTORY DESTROYED MORE COVID-VACCINE DOSES THAN PREVIOUSLY THOUGHT NEARLY ENCIRCLED, UKRAINE’S LAST STRONGHOLD IN LUHANSK RESISTS RUSSIAN ONSLAUGHT With no power, water, cellphone coverage or access to news, remaining residents in a Donbas regional city shelter in basements, hoping to survive.1159 min read * LATEST UPDATES: MORE THAN 7,000 CIVILIAN CASUALTIES CONFIRMED IN UKRAINE BY U.N. * RUSSIA STRIKES SHOPPING MALL, WAREHOUSE IN ODESSA * HUNGARY’S ORBAN THREATENS EU UNITY ON RUSSIA * FLIGHT OF SHOPS FROM MOSCOW LUXURY MALL SHOWS RUSSIAN ISOLATION THE 477 PRICE CHECKERS WHO DETERMINE INFLATION The current run of inflation has put pressure on the government’s price checkers and the economic indicator they produce. CPI data for April will be released on May 11.887 min read * SUMMER TRAVEL FACES INFLATION HURDLE HOW MUCH DOES COLLEGE COST? ASK THE BOND MARKET Treasury yields have been shooting higher, and where they land this week will be key to setting interest rates on federal student loans.234 min read TECH INDUSTRY WARNS THAT MORE REMOTE-WORK JOBS ARE HEADED OUT OF U.S. The industry says the remote-work trend will lead to more offshoring of software developer and other technology jobs unless the U.S. admits more high-skilled immigrants.2385 min read Property Report MIAMI LOCALS ARE STEAMED OVER RELOCATING NEW YORKERS DRIVING UP APARTMENT RENTS Apartment rents have soared 58% in the Miami area over the past two years, and in some cases doubled over last year.1675 min read 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. Australia Wanted Facebook to Pay for News. Facebook Played Hardball. Last year, Facebook played hardball with the Australian government, as it sought to force publishers to pay for content. WSJ's Keach Hagey unpacks what happened.Read Transcript AD Loading advertisement... 00:00 / 19:47 1x Subscribe Apple PodcastsSpotify More Google Podcasts TuneIn Stitcher Amazon Alexa iHeartRadio RSS DO YOU MISS PLAYERS LIKE ROD CAREW AND TONY GWYNN? MEET STEVEN KWAN5 MIN READ WHY IS IT SO HARD TO GET A RESTAURANT RESERVATION RIGHT NOW?7 MIN READ THE A-HED UKRAINE IS THE EUROVISION SONG CONTEST FAVORITE. (ITS SONG, NOT SO MUCH.)5 MIN READ COLUMNISTS FOR GROOMS, WEDDING SUPPLY-CHAIN WOES MEAN SUITS MAY MISS THE BIG DAY By Jacob Gallagher PUTIN’S UKRAINE ADVENTURE UNLEASHES NUCLEAR GENIES By Gerald F. Seib THE NEXT GREAT TENNIS TEENAGER IS HERE By Jason Gay WSJ PROMOTION SPECIAL OFFER: €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 SPECIAL OFFER: €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 SONY, NINTENDO FORESEE VIDEOGAME SHORTAGES Sony and Nintendo said that owing to component shortages, their flagship videogame machines are likely to be in short supply all year.52 min read * HEARD ON THE STREET: GAMING GIANTS FACE CHILLIER POSTPANDEMIC WORLD TOM BRADY’S RETIREMENT PLAN: THE BROADCASTING BOOTH AT FOX The legendary quarterback has entered a “long-term” agreement to join Fox as its lead NFL analyst after his playing days end.243 min ago2 min read E. COLI OUTBREAK LINKED TO FROZEN PIZZA PROMPTS PROBE OF NESTLÉ IN FRANCE E. coli illnesses linked to frozen pizza made by Nestlé in France have killed two children and sickened dozens of others, presenting the packaged-foods giant with its most serious food-safety issue in years.5 min read CATERPILLAR WORKS TO TURN OLD ENGINES INTO NEW PROFITS The construction equipment giant sees the refurbishing of worn-out engines as a growing source of revenue, plus a way to help meet its environmental goals.23 min ago6 min read PFIZER TO BUY REST OF BIOHAVEN FOR $11.6 BILLION The move to acquire the New Haven, Conn., biopharmaceutical company will give the New York drugmaker full ownership of the Nurtec migraine franchise.2 min read WORLD ANOTHER MARCOS RISES IN THE PHILIPPINES, BUT HOW DOES HE PLAN TO GOVERN? Ferdinand Marcos Jr. cruised to a historic victory in the Philippines’ presidential election, but now he’s under pressure to show what kind of leader he plans to be.26 min read * THE BACKGROUND OF THE MARCOS FAMILY SHANGHAI’S LOCKDOWN LEAVES THOUSANDS SLEEPING IN ITS STREETS Many of the city’s newly homeless are food-delivery workers facing a difficult choice: locked in without income or locked out with a job.16 min read TAIWANESE ACTIVIST SAYS CHINA SUBJECTED HIM TO MENTAL TORTURE DURING FIVE-YEAR SENTENCE Lee Ming-che says he had been coerced when he pleaded guilty to subversion charges during a 2017 court hearing in Beijing.8 min ago5 min read U.S. THREE FRIENDS CHATTING: HOW THE STEELE DOSSIER WAS CREATED In 2017, publication of the report, which claimed Donald Trump conspired with Russia to steer the U.S. election, rattled the political world. A WSJ review has found the document largely echoed conversations among three people who were brought together over a minor corporate publicity contract.1,026Long read WEST VIRGINIA REPUBLICAN PRIMARY FOCUSES ON INFRASTRUCTURE, TRUMP ENDORSEMENT The strength of the former president’s backing in Republican primaries will be tested in a heated matchup between two incumbent lawmakers in West Virginia.36 min read ALABAMA CORRECTIONS OFFICER VICKY WHITE DEAD, ESCAPED INMATE CAPTURED Former Alabama corrections officer Vicky White died after she and escaped inmate Casey White were captured by U.S. Marshals in Indiana Monday, ending a 10-day search for the fugitive pair.2 min read WHY YOUR ELECTRIC BILL IS SO HIGH—AND COULD KEEP CLIMBING WSJ’s Katherine Blunt explains why electricity and natural gas prices are up so much this year and offers tips on how to manage the expense. LIFE & WORK WHY IS YOUR BOSS ASKING ABOUT YOUR FEELINGS? INSIDE THE EMPATHY MANAGEMENT TREND More business leaders are trying to learn how to show understanding and compassion to buck up pandemic-weary workers.25 min read GREENWOOD ACQUIRES THE GATHERING SPOT, IN JOINING OF BLACK-OWNED BUSINESSES The digital banking platform founded by Andrew Young, Ryan Glover and rapper Killer Mike sees opportunity in getting closer to members of the private nationwide club.54 min read House Call MIKE MYERS ON REJECTING REJECTION: 'FAILURE IS JUST AN EARLY ATTEMPT AT SUCCESS' Whether it was tap-dancing or acting, the “Pentaverate” star learned from a young age that not getting a part was all part of it.40 min ago5 min read THE LUGGAGE THAT OUTLASTED MY MARRIAGE For nearly 20 years, she shared her husband’s Dakine luggage. They went their separate ways, but the bags power on.6 min ago2 min read VIDEO Formula One Meets Drone Racing: What It Will Take to Become a Reality Skip Ad in 15 Your browser does not support HTML5 video. 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 4:14 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. FORMULA ONE MEETS DRONE RACING: WHAT IT WILL TAKE TO BECOME A REALITY 4:14 VIDEO: FERDINAND MARCOS JR. POISED TO WIN PHILIPPINE PRESIDENCY 2:03 WARHOL’S FAMED MARILYN MONROE PORTRAIT SOLD FOR RECORD-BREAKING $195 MILLION 1:03 CMO WHY MANY BRANDS HAVE KEPT THEIR VOICES DOWN ON ROE V. WADE (SO FAR)4 MIN READ AVERAGE CMO TENURE HOLDS STEADY AT LOWEST LEVEL IN DECADE3 MIN READ WALGREENS NAMES HEADS OF MARKETING, MERCHANDISING AND PRODUCT2 MIN READ CIO AS CALLS TO LEAVE RUSSIA CONTINUE, SOME U.S. TECH FIRMS OPT TO STAY4 MIN READ TAILWIND AIR, A SEAPLANE SERVICE, SEES ENGAGEMENT SOAR WITH MOBILE APP4 MIN READ NEW TECH CHIEF GUIDES MEDICAL COLLEGE ASSOCIATION’S MOVE TO THE CLOUD3 MIN READ CFO YELP LOOKS TO BOOST YIELD ON CASH INVESTMENTS AMID FED RATE INCREASES3 MIN READ WOMEN’S LEADERSHIP GROUP CHIEF HIRES FIRST CFO AS IT SURPASSES $1 BILLION VALUATION2 MIN READ UKRAINE WAR, INFLATION AND COVID-19 KEEP CFOS ON THEIR TOES OVER FORECASTS5 MIN READ RISK & COMPLIANCE UKRAINE WAR DRIVES INTEREST IN CHINA-TAIWAN RISK INSURANCE4 MIN READ U.S. BLACKLISTS MIXER USED TO LAUNDER PROCEEDS FROM AXIE INFINITY CRYPTO HACK1 MIN READ THE MORNING RISK REPORT1 MIN READ LOGISTICS REPORT XPO LOGISTICS NAMES CEO FOR NEW FREIGHT SPINOFF2 MIN READ PORT LABOR TALKS POSE NEW COMPLICATION FOR THE SUPPLY CHAIN4 MIN READ TODAY'S LOGISTICS REPORT: TRUCKING’S SUPPLY SHORTAGE; INVESTORS FIND LOGISTICS; SHIPPING FROM STORES1 MIN READ SUSTAINABLE BUSINESS THE SOLAR BOOM WILL CREATE MILLIONS OF TONS OF JUNK PANELS5 MIN READ CEMENT MAKERS BURN TURBINE BLADES AS WIND POWER FACES RECYCLING HEADACHE6 MIN READ NORTH AMERICA’S BIGGEST LANDFILL OPERATOR IN PUSH TO TURN MORE TRASH INTO FUEL3 MIN READ HEARD ON THE STREET NETFLIX TEASES PELOTON’S NEXT PROBLEM 4 MIN READ CHINA CURRENCY CRISIS MAY GET A SEQUEL 3 MIN READ SONY AND NINTENDO FACE CHILLIER POSTPANDEMIC WORLD 2 MIN READ BARRON’S MORE BAD TIMES AHEAD FOR THESE 6 BIG TECH STOCKS1 MIN READ SOFI STOCK TUMBLES AFTER EARNINGS PUBLISHED AHEAD OF SCHEDULE1 MIN READ STOCKS GIVE UP EARLY GAINS AS SELLING RESUMES3 MIN READ MARKETWATCH MICROSOFT, TESLA TO COVER ABORTION TRAVEL COSTS FOR EMPLOYEES, JOINING AMAZON AND YELP8 MIN READ ELECTRIC EELS INSPIRED THE FIRST BATTERY TWO CENTURIES AGO AND NOW POINT A WAY TO FUTURE BATTERY TECHNOLOGIES6 MIN READ UPSTART STOCK PLUNGES 60% AFTER EARNINGS AS COMPANY CUTS OUTLOOK2 MIN READ MANSION GLOBAL Independent of The Wall Street Journal newsroom. LAGUNA BEACH, CALIFORNIA, HOME WITH EXPANSIVE VIEWS AND TESLA CHARGERS LISTS FOR $14.5 MILLION2 MIN READ ELECTRIC EYE: SMART SECURITY CAMERAS FOR YOUR PROPERTY1 MIN READ A HISTORIC ARCHITECTURAL HOME PAIRS LUXURY LIVING AND SERENE SECLUSION IN BEVERLY HILLS3 MIN READ PENTA MANHATTAN APARTMENT WITH CENTRAL PARK FRONTAGE HITS MARKET FOR $23 MILLION2 MIN READ ANDY WARHOL’S ‘SHOT SAGE BLUE MARILYN’ SETS A RECORD, SELLING FOR $195 MILLION2 MIN READ AN ELECTRIC CAR SO PRICEY THAT ONLY 99 ARE BEING BUILT —AND NO TWO WILL BE ALIKE4 MIN READ US EUROPE ASIA FX RATES FUTURES Created with Highstock 2.1.8 1D 5D 3M 6M 1Y DJIA 32220.82 -24.88 -0.08% S&P 500 3996.61 5.37 0.13% Nasdaq 11675.56 52.31 0.45% Russell 2000 1745.63 -16.45 -0.93% DJ Total Mkt 39973.93 -12.06 -0.03% View WatchlistView All Market Data → OPINION SCHUMER’S RADICAL ABORTION BILL By The Editorial Board | Review & Outlook A HIGH-SPEED ELECTRIC VEHICLE CRASH By The Editorial Board | Review & Outlook WHEN DID ‘WOMAN’ BECOME A DIRTY WORD? By Patricia Posner | Commentary DEMOCRATS: WHEN DO YOU THINK LIFE BEGINS? By Rick Scott | Commentary DEMOCRATS’ 2022 MIDTERM PLAYBOOK: FALSEHOODS AND FEAR By Gerard Baker | Free Expression CAN MICHAEL SHELLENBERGER BEAT GAVIN NEWSOM? By Allysia Finley | Commentary Got a tip for us?Here’s how to submit it. MOST POPULAR NEWS 1. STOCKS SLIDE TO LOWEST IN 2022 AS ROUT CONTINUES 2. ELECTRICITY SHORTAGE WARNINGS GROW ACROSS U.S. 3. BITCOIN PRICE FALLS 54% FROM ITS HIGH 4. THREE FRIENDS CHATTING: HOW THE STEELE DOSSIER WAS CREATED 5. TERRAUSD FALLS BELOW FIXED VALUE, TRIGGERING SELLOFF MOST POPULAR OPINION 1. OPINION: SCHUMER’S RADICAL ABORTION BILL 2. OPINION: CAN MICHAEL SHELLENBERGER BEAT GAVIN NEWSOM? 3. OPINION: A HIGH-SPEED ELECTRIC VEHICLE CRASH 4. OPINION: EUROPE’S ABORTION LESSON 5. OPINION: GIGI SOHN AND THE POLICE RECOMMENDED VIDEOS 1. PUTIN JUSTIFIES UKRAINE WAR AT RUSSIA’S WWII VICTORY PARADE 02:09 2. HOW ELON MUSK’S CHINA TIES COULD TEST TWITTER 05:20 3. SAMSUNG JOINS CHIP MAKERS RETURNING TO U.S. MANUFACTURING 07:56 4. WHY YOUR ELECTRIC BILL IS SO HIGH — AND COULD KEEP CLIMBING 04:42 5. AMERICANS ARE TAKING ON RECORD DEBT IN 2022. ARE WE IN TROUBLE? 03:46 JOURNAL REPORTS PROPOSED IRS RULE COULD PENALIZE SOME HEIRS OF RETIREMENT ACCOUNTS The new regulation would affect accounts inherited after 2019.3 min read * STOCK FUNDS FELT THE TECH PAIN IN APRIL * WHICH INVESTMENTS DO BEST WHEN REAL INTEREST RATES ARE NEGATIVE? 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