President Trump met in the White House with a newly freed evangelical pastor who had been held in Turkey for two years on terrorism charges, bringing to a close a diplomatic standoff with Ankara that had jeopardized relations between the North Atlantic Treaty Organization allies. 197
Missing Journalist Was Insider Willing to Cross Saudi Red Lines
Jamal Khashoggi, the missing Saudi journalist now presumed dead, rankled authorities with his socially liberal views and sympathy for the Muslim Brotherhood, but he was also an insider close to some of Saudi Arabia’s most powerful princes. 151
SoftBank Gives Startups Billions of Reasons to Hold Off IPOs
If SoftBank secures a majority stake in eight-year-old WeWork through its Vision Fund, the move would likely keep the shared office-space company private for years to come, employing what one venture capitalist calls “a holding-company philosophy.”
The title “Best Pitcher on the Planet” no longer belongs to the Los Angeles Dodgers’ Clayton Kershaw, who gave up five runs in three innings to the Milwaukee Brewers in Game 1 of the National League Championship Series.
‘What’s Going to Be on Twitter the Next Day’: Central Banks Close Ranks
The Federal Reserve stressed the need for it to normalize monetary policy gradually and transparently, as its global counterparts warned against threats to central bank independence following President Trump’s criticisms of the Fed.
Lavazza and Illy Say ‘Basta’ as Global Coffee Wars Come to Italy
Two of the best-known names in Italian coffee are bolstering their businesses, hoping to secure their independence as global coffee giants Starbucks Corp. and Nestlé SA make incursions into their turf.
Trump Considers Ambassador to Canada as Next U.N. Envoy
President Donald Trump is giving serious consideration to Kelly Craft, the U.S. ambassador to Canada, as the nation’s next ambassador to the United Nations, according to people familiar with his thinking.
Power Play: Tiny East Timor Bets Big on Oil and Gas
Sixteen years after East Timor secured its independence, the government in this tiny nation is gambling on a huge new refinery complex to help secure its economic future. If the project falls short, the former colony risks ending up at the mercy of foreign powers again.
Maryse Condé, a chronicler of the colonial experience, won the New Academy Prize in Literature. The award was created to honor a writer this year after the Swedish Academy postponed the Nobel Prize in literature.
No Place to Hide for Investors After October Market Rout
Global stocks have lost more than $5 trillion in value in October, along with a rise in bond yields toward their highest levels in years, testing investors’ resolve in a way not seen since the financial crisis.
General Motors Co.’s third-quarter operating profit jumped 25%, as the auto maker sold more pricey trucks and sport-utility vehicles in its home U.S. market while sidestepping the trouble in China that has tripped up some rivals.
Rivals Reap Rewards as China’s Monster Fund Shrinks
Beijing is forcing the world’s largest money-market fund, Ant Financial’s Tianhong Yu’e Bao, to shrink, creating a bonanza for the dozen other money-market funds that Ant has added to its investment platform.
Federal regulators have ramped up their pursuit of traders who use a bluffing tactic known as spoofing to manipulate market prices, enforcement officials said, leading to a record number of manipulation cases.
An unusual dynamic in options markets is signaling that investors aren’t panicking despite October’s stock-market drubbing: Expectations for volatility are greater in individual companies than the broader market.
In this installment of our series on the search for common ground in an era of polarization, we spoke to a black man in Baltimore and a white man in rural North Carolina who talk about living in a struggling area.
Bags of Cash and a Bomb Plot: Inside a Covert Iranian Operation in Europe
Belgian authorities said they stopped an Iranian émigré and his wife on their way to a conference outside Paris in June, and found a device that contained a powerful explosive. The allegation of a plot on French soil is jeopardizing Europe’s support for the Iran nuclear deal.
Fed Raises Rates, Signals a Tentative Approach Next Year
The Federal Reserve nudged up short-term interest rates for the fourth time this year, defying pressure from President Trump, but suggested it could slow the pace of increases next year in the face of new headwinds. 345
SoftBank’s Biggest Backers Balk at Planned WeWork Acquisition
Key investors in SoftBank’s giant tech fund have balked at a planned $16 billion investment in co-working startup WeWork, leaving the SoftBank CEO to find an alternative as his ambitions hit up against the limits of his financial firepower.
U.S. Sanctions Russian Intelligence Agents Over Attacks
The U.S. Treasury Department levied new sanctions against Russia, blacklisting 15 intelligence agents linked to attacks including the attempted assassination of a former spy in the U.K. and election interference.
Maryland Asks Court to Affirm Obamacare, Nix Whitaker’s Appointment
The rare lawsuit combines two hot-button issues: the constitutionality of the Affordable Care Act and President Trump’s selection of Matthew Whitaker as acting attorney general. The judge didn’t say when she might rule, and it is possible she could sidestep the appointment issue altogether.
Affordable Care Act Sign-Ups Drop Slightly Since Last Year
Analysts attribute the dynamic to a lack of public awareness about open enrollment, repeal of the federal penalty on people who don’t have health insurance and the proliferation of health plans that don’t comply with the Obama-era law.
Trump Testimony Indicates He Understands Campaign-Finance Laws
President Trump indicated in sworn statements dating back decades he has a deep understanding of campaign-finance law, which experts said could be critical if investigators pursue a case against him over his alleged direction of hush-money payments in the 2016 campaign. 62
Court Questions Law That Underpins Trump’s Trade Policy
Judges in a special trade court raised constitutional questions over President Trump’s expansive regulation of trade, focusing on a national security law the president has used to impose tariffs on imported goods.
Felons have long been some of the last candidates in the hiring pool. Now, with one of the tightest labor markets in decades, that’s changing. For the past year, The Wall Street Journal documented the journeys of three people released from prison who were trying to enter the workforce. 51
Midterms deepened and expanded political divisions in America, between urban and suburban voters on one hand, and rural and small-town residents on the other, with divides by gender, race and education. 72
U.S. and China Make Progress on Trade, but Major Hurdles Remain
The U.S. and China wrapped up their first face-to-face trade negotiations since a temporary tariff truce was declared last month, making progress toward an agreement but leaving the thorniest issues to be resolved in higher-level talks.
As Mideast Allies Fret Over U.S. Support, Pompeo Makes Surprise Stop in Iraq
Secretary of State Mike Pompeo made an unannounced visit to Iraq to meet the country’s top leadership, as he tours the Middle East to reassure allies over concerns that the U.S. is withdrawing from the region.
The great decoupling of the American stock markets from the rest of the world was the story last summer. Was last month the start of a great recoupling, where investors should bet on the U.S. falling back in line with global market performance?
There’s a new horror show in the works: “Inversion of the Yield Curve,” in which a chilling, disembodied force seeps into the minds of the public, triggering panic in markets and hand-wringing on cable news.
Hong Kong Moves to Criminalize Disrespect of China’s National Anthem
Hong Kong officials will propose a law that would make disrespecting China’s national anthem a crime, raising concern within opposition ranks that it would further narrow freedoms in the semiautonomous Chinese city.
Tech giants like Amazon and Apple are expanding their businesses to include electronic health records -- which contain data on diagnoses, prescriptions and other medical information. That’s creating both opportunities and spurring privacy concerns. Here’s what to know.
Standoff Over Stranded Migrants Ends as Europe Opens Doors
A row over the fate of 49 migrants held for weeks on two rescue ships in the Mediterranean Sea ended when Malta reached a deal to allow them to disembark before being transferred to other European nations.
As Global Mining Fatalities Fall, Brazil Deaths Show Problems Remain
The mining industry often displays its ability to shock with deadly accidents such as the burst dam that has left hundreds missing in Brazil, but fatal mishaps in the sector have declined in recent decades.
The immigration-court backlog grew by at least 10% during the partial government shutdown, as a funding dispute centered on border security left the nation’s immigration system digging out of an even deeper hole. 219
U.S. and Taliban negotiators have forged a preliminary deal on two vital points to end the war in Afghanistan, the special U.S. envoy said on Monday, as the Afghan president urged the insurgents to negotiate directly with his government.
Soy Prices Are in a Trough After China’s Sick-Pig Slaughter
More bad news for American farmers: The soymeal-loving pig population of China, the world’s No. 1 soybean importer, is shrinking as herds are culled to try to stop the spread of African swine fever. 83
U.N. Expert Wants to Examine Saudi Consulate Where Khashoggi Was Killed
A United Nations expert looking into the death of Jamal Khashoggi is seeking authorization from Saudi Arabia to examine the consulate building where the dissident journalist was killed by Saudi operatives last year, challenging the kingdom’s efforts to draw a line under months of global backlash.
Terror Attacks on New Zealand Mosques Kill 49 in One of Nation’s ‘Darkest Days’
A 28-year-old man was charged with murder after shootings at two mosques in the southern city of Christchurch in terrorist attacks the prime minister described as one of the darkest days in the country’s history. Police are investigating if there was more than one attacker involved.
Pentagon Fails to Provide List of Projects Affected by Emergency
The Pentagon failed to deliver on a promise by acting Defense Secretary Pat Shanahan to provide senators with a list of military construction projects that stand to be affected by President Trump’s emergency declaration, angering lawmakers.
Auditor That Passed Burst Brazil Dam Warns On Other Inspections
The German auditor of a collapsed Brazilian dam has informed the dam’s owner, Vale SA, that an external review panel has raised questions about its assessment of eight other dams in Brazil, according to a person familiar with the matter.
U.S. Swipes at International Court Over Afghanistan Investigations
Secretary of State Mike Pompeo said the U.S. is imposing visa restrictions against International Criminal Court officials, citing investigations into the activities of Americans and their allies in Afghanistan.
Resilience: How Women Use Obstacles to Fuel Their Success
The Wall Street Journal excerpts its new e-book, Resilience, which chronicles how 20 ambitious women overcame adversity including sexual assault, physical disabilities and doubts about their prospects to become leaders in their fields.
Apple defended its practice of taking a 30% cut of sales through its App Store following criticism from Spotify, escalating a fight between the tech companies as regulators increasingly scrutinize the industry.
Massive Protests Present Big Test for Secretive Algerian Government
Massive protests have spotlighted Algeria’s style of governance, as President Abdelaziz Bouteflika’s circle struggles to navigate the country’s most serious crisis since a devastating civil war in the 1990s.
Trump Administration Officials Clash Over Relief for Venezuelan Immigrants
As an embattled Nicolás Maduro clings to power in Venezuela, backed by the country’s military, the Trump administration is deadlocked over a key U.S. option for bolstering the opposition and keeping pressure on the regime, according to U.S. officials and an administration email exchange. 64
Federal Reserve officials aren’t quite sure what to do about their dots. Most of them see the dot plot of individual projections for interest rates as a valuable tool, but it has increasingly contributed to investor confusion.
U.K. Parliament Won’t Revote on Brexit Deal, Speaker Says
The U.K. government’s attempt to force another vote to approve a Brexit deal was blocked by the speaker of the House of Commons, increasing the likelihood the U.K. will have to ask the EU for a long extension of talks.
French Officials Threaten to Ban Protestors From Champs-Élysées and Other Major Sites
Authorities threatened to ban protesters from the Champs-Élysées and other iconic spots around France after demonstrators last weekend set fires, ransacked stores and clashed with police near the famed avenue.
Memo to Both Parties: On Emergency and Impeachment, Beware Unintended Consequences
As Republicans bolster President Trump’s emergency declaration and Democrats flirt with impeachment, now is a good time to remember that in politics, as in life, you should be careful what you wish for, Gerald F. Seib writes. 133
Over 1,000 Feared Dead After Cyclone Slams Into Mozambique
More than 1,000 people were feared dead in Mozambique four days after a cyclone slammed into the country, submerging entire villages and leaving bodies floating in the floodwaters, the nation’s president said.
Voters in the European Union are expected to shake up the political establishment in elections for the bloc’s parliament Sunday, ushering in a period of uncertainty just as the continent is trying to assert itself against the U.S. and China.
Sharp equity swings have caught the attention of some individual investors who believe the market has reached a point where picking the right individual stocks matters more than throwing money into index-tracking funds.
In Newly Released Deposition, OxyContin Owner Defends Response to Reports of Abuse
A deposition of Richard Sackler, an owner of OxyContin maker Purdue Pharma, from March offers a rare window into his current views on the opioid epidemic amid litigation seeking to hold the company accountable for the crisis.
Civil War Battlefields Lose Ground as Tourist Draws
Civil War tourism, once a staple for many Southern states, is declining sharply, with recent fights over Confederate monuments and a lack of interest by younger generations cited as major reasons. Gettysburg, the most famous battle site, had about 950,000 visitors last year, just 14% of how many it had in 1970 and the lowest annual number of visitors since 1959. 363
India’s Opposition Faces Up to Modi’s Dominating Victory
After suffering a landslide victory by Prime Minister Narendra Modi’s party, two of India’s leading opposition figures offered their resignations. Though their party leaders refused to let them step down, the gestures reflected how badly they were defeated.
A tornado swept through central Oklahoma on Saturday night, killing two people, injuring at least 16 and destroying a trailer park and other businesses in and around the city of El Reno, government officials said.
Papua New Guinea’s veteran Prime Minister Peter O’Neill has resigned following weeks of political turmoil and government defections over his handling of various budget and health crises, including a $13 billion plan to double liquefied natural gas exports.
Iran Touts Defensive Readiness After U.S. Sends Troops to Region
Iran would be prepared to respond to a possible confrontation with the U.S. after the Trump administration dispatched troops to the region and arranged the sale of billions of dollars in weapons to its Arab allies, top Iranian officials said.