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Strassel * Allysia Finley MORE * Editorials * Commentary * Future View * Houses of Worship * Cross Country * Letters to the Editor * The Weekend Interview * Potomac Watch Podcast * Foreign Edition Podcast * Free Expression Podcast * Opinion Video * Notable & Quotable * Books & Arts REVIEWS * Film * Television * Theater * Masterpiece Series * Music * Dance * Opera * Exhibition * Cultural Commentary * Art * Architecture SECTIONS * Arts * Books MORE * WSJ Puzzles * What To Watch * Arts Calendar * Real Estate SECTIONS * Commercial Real Estate MORE * Real Estate Video * Life & Work SECTIONS * Cars * Careers * Food & Drink * Home & Design * Ideas * Personal Finance * Recipes * Travel * Wellness COLUMNS * Your Health * Work & Life * Carry On * Bonds * Turning Points * On Wine * On The Clock MORE * WSJ Puzzles * Space & Science * Style SECTIONS * Lifestyle * Fashion * Film * Television * Music * Art & Auctions COLUMNS * My Monday Morning * Off Brand * On Trend * Sports SECTIONS * Baseball * Basketball * Football * Golf * Hockey * Olympics * Soccer * Tennis COLUMNS * Jason Gay Search Search Asia Dow 3364.08-1.10% Nikkei 30814.570.43% Hang Seng 18720.60-2.07% Shanghai 3183.75-0.66% BSE Sensex 61661.76-0.18% Singapore 3208.59-0.17% Kospi 2554.71-0.50% ASX-200 7136.40-1.07% EVAN GERSHKOVICH About EvanHis Family Speaks OutWSJ Colleagues on EvanHis ReportingHow You Can HelpWrite a MessageLatest NewsGet Email Updates WALL STREET BREAKS OUT DOOMSDAY PLAYBOOK IN CASE OF U.S. DEFAULT A default on U.S. Treasurys might not stop them from trading as the industry looks to minimize the potential damage.105 min read DEBT-CEILING FIGHT COMES DOWN TO SPENDING LIMITS Conservatives are pushing House Speaker Kevin McCarthy for deep reductions, while the White House is offering a spending freeze.1,3945 min read * FITCH CONSIDERS DOWNGRADING U.S. RATING * DOW EXTENDS LOSSES MORE AIRLINES ARE ENCOUNTERING NEAR COLLISIONS—AND NO ONE KNOWS WHY As summer travel season kicks off, regulators and carriers are scrambling to address potential safety threats.29 min read * HOW AIRLINES ARE TRYING TO PREVENT ANOTHER SUMMER TRAVEL NIGHTMARE TARGET LANDS IN CULTURE-WAR CROSSHAIRS OVER PRIDE MONTH The retailer’s halt to its sale of some Gay Pride items fuels criticism it gave in to pressure from anti-LGBT comments.6 min read DESANTIS KICKS OFF 2024 WHITE HOUSE BID Florida Gov. Ron DeSantis is joining a growing field to take on Donald Trump. But a planned campaign announcement on Twitter Spaces with Elon Musk got off to a messy start.1,5946 min read * TWITTER EVENT HITS TECHNICAL ISSUES * VIDEO: CHALLENGES DESANTIS MAY FACE NVIDIA POISED FOR RECORD SALES AS AI DEMAND KICKS IN The graphics-chip giant forecast a strong revenue bounce back for the current quarter, driven by growing appetite for generative AI technology. Shares jumped more than 20% after hours.4 min read 36 HOURS IN BAKHMUT: ONE UNIT’S DESPERATE BATTLE TO HOLD BACK THE RUSSIANS A group of 16 draftees lost 11 dead or missing. Whether it was worth the cost depends on the imminent offensive.197 min read * WAGNER CHIEF’S FEUD WITH RUSSIAN MILITARY CRACKS PUTIN’S IMAGE OF CONTROL * WAGNER SAYS 20,000 OF ITS TROOPS HAVE DIED TAKING UKRAINE’S BAKHMUT HALF-EMPTY A YEAR AGO, CRUISES ARE NOW PACKED LIKE SARDINES Crowds have returned to cruise ships to the point that some are oversold and even bumping passengers.75 min read * MOVE OVER, RETIREES: MILLENNIALS ARE COMING FOR YOUR CRUISES REMEMBERING TINA TURNER, A FIERCE AND SEDUCTIVE ROCK AND SOUL-MUSIC ICON The singer had a powerful voice, explosive sexual energy and a remarkable solo career that outstripped her own early successes with her husband.865 min read * SINGER IS DEAD AT 83 * A MUSIC POWERHOUSE’S LIFE IN PICTURES SAME-SEX COUPLES ACCOUNTED FOR 1% OF HOUSEHOLDS IN 2020 The newly released census figures show the changing composition of U.S. families.3 min read CHECK FRAUD IS INCREASING. HERE’S HOW TO PROTECT YOUR MONEY. As more fraudsters target paper checks, take steps to secure your payments.215 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. Elon Musk on 2024 Politics, Succession Plans and Whether AI Will Annihilate Humanity At WSJ's CEO Council Summit, Elon Musk spoke with editor Thorold Barker about whether he regrets buying Twitter, his succession plans and how AI will change our future.Read Transcript 00:00 / 18:56 1x Subscribe Apple PodcastsSpotify More Google Podcasts TuneIn Stitcher Amazon Alexa iHeartRadio RSS RUSSIAN INDICTED IN U.S. LOBBIES FOR FREEDOM VIA PRISONER SWAP5 MIN READ TAYLOR SWIFT’S TOUR IS WREAKING HAVOC ON TICKET RESELLING6 MIN READ The A-Hed ANOTHER BLOW TO THE RETURN TO OFFICES: EVERYONE’S GOT ALLERGIES4 MIN READ COLUMNISTS WHY INFLATION ERUPTED: TWO TOP ECONOMISTS HAVE THE ANSWER By Greg Ip THE PUBLIC GOLF COURSE PRO WHO SHOCKED THE PGA CHAMPIONSHIP By Jason Gay NO POSTING BEFORE THE BRIDE AND OTHER NEW WEDDING RULES By Shara Tibken WSJ PROMOTION INTRO OFFER: $2 PER MONTH Trust your source. Trust your decisions. Let WSJ's fact-based journalism help you make sense of what's already happened and navigate what's ahead. Subscribe Now WSJ PROMOTION INTRO OFFER: $2 PER MONTH Trust your source. Trust your decisions. Let WSJ's fact-based journalism help you make sense of what's already happened and navigate what's ahead. Subscribe Now TRAVEL THE ASTRO POETS KNOW WHERE YOUR SUMMER VACATION SHOULD BE, BASED ON YOUR SIGN Astrologers are emerging as the new travel planners. We asked the internet’s most literate Zodiac guides for their advice. * A HOLLYWOOD-CALIBER FILM OF YOUR NEXT VACATION? THAT’LL BE $60,000 * RECIPE FOR A HEALTHY VACATION: A COOKING CLASS ON A GREEK ISLAND, WHERE RESIDENTS LIVE PAST 90 WSJ'S CEO COUNCIL YELLEN SAYS U.S. ‘ALMOST CERTAIN’ TO MISS EARLY JUNE PAYMENTS UNLESS DEBT LIMIT IS RAISED The Biden administration isn’t working with investors on how to respond to a potential default on the U.S. debt, Treasury Secretary Janet Yellen said, adding the focus remains on raising the debt ceiling.3612 min read BANKING CRISIS IS OVER, TOP EXECUTIVES SAY Threats to the global banking system have ebbed, but the industry might be forced to curtail lending and revamp business models in an era of higher interest rates.3 min read BUSINESS & FINANCE LEON BLACK WINS DISMISSAL OF RAPE SUIT A judge sided with the private-equity billionaire in a suit brought by Black’s ex-lover.2 min read ◆ WSJ News Exclusive BABY-FORMULA MAKERS FACE FTC PROBE FOR COLLUSION The agency is investigating whether any formula manufacturers coordinated before bidding for state contracts.2705 min read FED OFFICIALS WERE DIVIDED OVER A JUNE RATE PAUSE After the most recent rate increase, several policy makers thought further hikes “may not be necessary,” according to the minutes of their May meeting.594 min read FOOD & WINE BRUNCH IS NOW AN EVENT SEVEN DAYS A WEEK Brunch, long a weekend juggernaut for restaurants, has become a midweek staple for many more Americans.165 min read * THE EGG SALAD SANDWICH EVEN HATERS WILL LOVE * ITALY’S BEST BARGAIN IN RED WINE NOW * A ‘BIRTH-YEAR’ WINE IS A GREAT GIFT—SOMETIMES U.S. & WORLD TEXAS ATTORNEY GENERAL INTERFERED WITH FBI PROBE, INVESTIGATORS SAY Investigators working for the Texas Legislature found Ken Paxton had sought to interfere in a Federal Bureau of Investigation probe into donor Nate Paul, and otherwise interjected himself in Paul’s legal dealings.6 min read SPECIAL HOUSE PANEL TAKES AIM AT CHINA Proposals by the new committee urge measures to boost Taiwan’s defense and curtail financial flows to companies involved in mass detentions in Xinjiang.3 min read WSJ COMIC A PIECE OF WORK: THE LAPTOP WALK Everybody’s doing It. Or, at least, trying. A new Wall Street Journal comic about the workplace today. * THE OZEMPIC ALTERNATIVE * SEE ALL COMICS REAL ESTATE A $23.9 MILLION CONDO LOOKS TO RAISE THE BAR ON PRICING IN WEST PALM BEACH The roughly 4,370-square-foot apartment is asking about $5,475 a square foot.2 min read BILLIONAIRES’ ROW CONDO TO SELL FOR ABOUT $75 MILLION, SCORING SELLER A HEFTY PROFIT If it closes for that price, the home would be among the priciest to trade in New York City so far this year.2 min read VIDEO Ron DeSantis Joins 2024 Presidential Race, Teeing Up Face-Off With Trump Your browser does not support HTML5 video. 0:00 ADVERTISEMENT 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 5:20 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. Keep hovering to play RON DESANTIS JOINS 2024 PRESIDENTIAL RACE, TEEING UP FACE-OFF WITH TRUMP 5:20 WAGNER GROUP: 20,000 TROOPS HAVE DIED TAKING BAKHMUT 1:45 MCCARTHY ON DEBT LIMIT NEGOTIATIONS: STILL FAR APART IN ‘NUMBER OF PLACES’ 1:06 BUY SIDE FROM WSJ THE BUY SIDE TEAM IS INDEPENDENT OF THE WALL STREET JOURNAL NEWSROOM HOW TO PREPARE EVERY PART OF YOUR LIFE FOR A RECESSION Whatever happens, you’ll be better off if you have a planLong read YOUR CREDIT SCORE AFFECTS YOUR MORTGAGE RATE—SEE HOW YOU STACK UP A top score can shave a percentage point or more off your rate8 min read BEST FIRST CREDIT CARDS Whether you need help building credit or are looking for a generous rewards card, we’ve got a pick for you.8 min read CMO TV’S ANNUAL UPFRONTS WERE LIGHT ON STARS, HEAVY ON DRAMA (AND NOT THE SCRIPTED KIND)7 MIN READ VERIZON CHIEF MARKETING OFFICER DIEGO SCOTTI STEPPING DOWN AFTER EIGHT YEARS2 MIN READ ROBLOX CRITICIZED BY CHILDREN’S ADVERTISING WATCHDOG4 MIN READ CIO TECHNOLOGY WAS SUPPOSED TO TRANSFORM INSURANCE PRICING. IT HASN’T.7 MIN READ GENERATIVE AI PILOTS HAVE COMPANIES REACHING FOR THE GUARDRAILS5 MIN READ NOT A TECH FIRM? SNARING TOP LAID-OFF TECH TALENT WON’T BE EASY5 MIN READ CFO COMPANIES UNVEIL DETAILS ABOUT SUPPLY-CHAIN FINANCING UNDER NEW RULE5 MIN READ CFOS GIRD FOR DEFAULT DISRUPTIONS IF DEBT-CEILING TALKS FAIL4 MIN READ FOR TAX EXECUTIVES, MORE DISCLOSURE ON GLOBAL LIABILITIES MEANS MORE HEADACHES5 MIN READ RISK & COMPLIANCE DOJ SAYS MORE COMPANIES ARE VOLUNTARILY DISCLOSING POSSIBLE WRONGDOING2 MIN READ COURT QUESTIONS CRITERIA FOR CARSON BLOCK’S $14 MILLION SEC WHISTLEBLOWER AWARD3 MIN READ SHAREHOLDER ACTIVISTS DRAG COMPANIES INTO CULTURE WARS5 MIN READ LOGISTICS REPORT RETAILERS NEAR RESTOCKING AS INVENTORY PARING WINDS DOWN4 MIN READ U.S. SEAPORTS ARE WEATHERING A NUMBERS HANGOVER IN IMPORT VOLUMES3 MIN READ TODAY’S LOGISTICS REPORT: REINING BACK RETAIL RETURNS; APPLE CHIPPING IN; SUPPLYING FINANCE1 MIN READ SUSTAINABLE BUSINESS VODAFONE AND NESTLÉ CREATED PANELS TO AVOID ‘GREENWASHING’ ALLEGATIONS3 MIN READ CARBON ACCOUNTING CHANGES COULD LIFT CORPORATE GREENHOUSE-GAS EMISSIONS4 MIN READ PRO TAKE: CAN NICKEL, COBALT AND OTHER BATTERY METALS BE SOURCED SUSTAINABLY?5 MIN READ HEARD ON THE STREET FOR CITIGROUP, BREAKING UP IS HARD TO DO—BUT STILL WORTH IT2 MIN READ SEPHORA IN KOHL’S: GLOW UP OR COVERUP?3 MIN READ YOUR NEXT ELECTRIC VEHICLE COULD BE MADE IN CHINA3 MIN READ BARRON’S FITCH PUTS U.S. DEBT ON 'CREDIT WATCH NEGATIVE' 1 MIN READ NVIDIA GIVES STRONG OUTLOOK AS AI DEMAND SURGES2 MIN READ UIPATH SHARES TUMBLE AS JULY QUARTER OUTLOOK DISAPPOINTS2 MIN READ MARKETWATCH GEN Z’ERS ARE THE SUPERSTARS OF RETIREMENT SAVINGS AS OVERALL BALANCES RISE, AND 401(K) LOANS DROP4 MIN READ SNOWFLAKE SLASHES FORECAST DUE TO 'UNSETTLED DEMAND,' STOCK SLUMPS AFTER EARNINGS2 MIN READ DOW FUTURES DIP AFTER FITCH PUTS U.S. CREDIT RATINGS ON 'RATINGS WATCH NEGATIVE' AS DEBT-CEILING DEADLINE NEARS2 MIN READ MANSION GLOBAL Independent of The Wall Street Journal newsroom. CENTRAL PARK TOWER CONDO LISTS FOR $75 MILLION2 MIN READ SPEC PENTHOUSE IN DUBAI SELLS FOR US$114 MILLION, SETTING A RECORD FOR THE CITY2 MIN READ U.K. HOUSE PRICES FELL BETWEEN FEBRUARY AND MARCH BUT ARE STILL UP ANNUALLY2 MIN READ PENTA RM SOTHEBY’S AUCTIONS THE FERRARI DAYTONA PROTOTYPE4 MIN READ TEQUILA GROWS UP: IT’S NOT JUST A DRINK ANYMORE, IT’S AN EXPERIENCE5 MIN READ WORLDWISE: TAO GROUP HOSPITALITY CO-CEO NOAH TEPPERBERG’S FAVORITE THINGS4 MIN READ SIGN UP FOR WHAT'S NEWS Catch up on the headlines, understand the news and make better decisions, free in your inbox every day. Preview Subscribe Close Message SIGN UP FOR WHAT'S NEWS 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 THE RON DESANTIS CHALLENGE By The Editorial Board | Review & Outlook THE DRAFT, STUDENT LOAN FORGIVENESS AND COLLEGE PRIVILEGE By Michael Toth | Commentary ROBERT ZIMMER, 1947-2023 By The Editorial Board | Review & Outlook A CHICAGO SELF-DESTRUCTION PLAN By The Editorial Board | Review & Outlook INFLATION HAS PEAKED—GET READY FOR DEFLATION By Donald L. Luskin | Commentary FIXING THE FOOD-STAMP WORK REQUIREMENT LOOPHOLES By The Editorial Board | Review & Outlook Got a tip for us?Here’s how to submit it. MOST POPULAR NEWS 1. THAT $6,000 VACATION ISN’T WORTH IT RIGHT NOW 2. WAGNER CHIEF’S FEUD WITH RUSSIAN MILITARY CRACKS PUTIN’S IMAGE OF CONTROL 3. DEBT-CEILING FIGHT COMES DOWN TO SPENDING: FREEZE OR CUT? 4. WHY TIPPING PROMPTS ARE SUDDENLY EVERYWHERE 5. ‘I CAME TO KILL THE BANKS.’ MEME-STOCK TRADERS FIND A NEW PASSION. MOST POPULAR OPINION 1. OPINION: INFLATION HAS PEAKED—GET READY FOR DEFLATION 2. OPINION: THESE AREN’T TOMMY LASORDA’S DODGERS 3. OPINION: A LAWSUIT TO PROTECT PENSIONS FROM CLIMATE POLITICS 4. OPINION: WILL ILLINOIS STILL ‘INVEST IN KIDS’? 5. OPINION: STUPID DEBT-CEILING TRICKS RECOMMENDED VIDEOS 1. THREE WAYS BIDEN COULD BYPASS CONGRESS TO AVOID A DEFAULT 07:05 2. WATCH: MEXICO'S POPOCATÉPETL VOLCANO ERUPTS, SPEWING SMOKE AND ASH 01:06 3. AI APPS FOR TRAVEL 01:32 4. RUSSIA CLAIMS CONTROL OF BAKHMUT: THE BLOODIEST BATTLE OF THE UKRAINE WAR 04:11 5. DYLAN MULVANEY SPEAKS OUT FOLLOWING BUD LIGHT AD CONTROVERSY 01:02 JOURNAL REPORTS A SIMPLE WAY TO GET PEOPLE TO DONATE MORE TO A CHARITY A new study says that just by offering people suggested amounts, they are more likely to give.3 min read * THE HEALTHCARE PLAN MOST PEOPLE SHOULD BUY—AND WHY THEY DON’T * WHEN NAMING A TRUSTEE FOR YOUR ESTATE, ASK YOURSELF THESE FOUR QUESTIONS HOW YOUR PERSONALITY CAN AFFECT YOUR PORTFOLIO4 MIN READ A MILITARY SCIENTIST WANTS TO RETIRE AT 55 OR 60. 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