Congressional lawmakers from both parties are considering incentives such as providing federal funding to pay for hiring bonuses for workers and expanded tax credits for employers.3
Worker filings for unemployment benefits likely fell again last week, adding to signs of a healing labor market as the U.S. economy ramps up.
The agreement marks a major political shake-up as Israel seeks to protect a fragile truce with Hamas and amid the fallout from a bout of communal violence between Jewish and Arab citizens.101
Revelations of cyberattacks on transportation systems in New York and Massachusetts heightened concerns about the threat to U.S. businesses and essential services, after hackers held hostage the world’s largest meat processor this week.
Money is flooding into decentralized finance, or DeFi, another hot, and risky, corner of the cryptocurrency market.
The meal deliverer’s Tony Xu and his counterpart at the data-analysis company received compensation far exceeding that of S&P 500 CEOs.
A dizzying run for meme stocks sent the movie-theater chain’s stock to a new closing high and powering some unexpected stock-market winners.
Business & Finance
Upstart hedge fund Engine No. 1—which challenged the oil giant’s strategy to focus on oil production amid climate-change concerns—may expand its board-fight victory, an updated tally shows.
Yield-hungry investors are still snapping up Chinese property bonds, despite a recent string of defaults, tighter regulation and market unease about one of the country’s biggest developers.
The Jack Ma-controlled mobile-payments company will hold a 50% stake in the new entity, with the rest held by six other shareholders.
The central bank under Jerome Powell made the purchases to shore up liquidity in debt markets after the pandemic hit in early 2020.
Heard on the Street
Established auto brands like Ford and Volkswagen have outperformed electric-vehicle startups in recent months, and not just because investors are embracing cheap stocks.
U.S.
Defense asks for a reduced sentence or probation, while laying out arguments for a retrial of the former Minneapolis police officer.
Pennsylvania GOP lawmakers visited an ongoing Republican-ordered audit of 2020 ballots in Phoenix and called for their state to conduct a similar review.
Records show that the contract’s maximum amount has grown as the investigation into the Cuomo administration’s handling of Covid-19 deaths has expanded.
World
Cristiana Chamorro, Nicaraguan President Daniel Ortega’s most prominent opponent, was placed under house arrest in what her family called the latest attempt to keep her from challenging Mr. Ortega in November’s election.
Chinese health authorities said a man contracted a rare strain of bird flu and had been in the hospital since late April after developing a fever and other symptoms.
Hong Kong police banned a vigil remembering the bloody 1989 Tiananmen Square crackdown for the second year in a row, forcing people to consider alternative plans or risk being sent to jail.
The sinking of the Kharg is the latest blow to the country’s vital infrastructure and military assets.
Life & Arts
The surprising adventures of a social-media climber who grew his following by 20%—and what the pros say he did right and wrong.
Julianne Moore on Stephen King and “Lisey’s Story,” the Australian series “Ms. Fisher’s Modern Murder Mysteries” and other items to add to your queue.
Mike Krzyzewski said that the next college basketball season will be his last before he’s replaced by coach-in-waiting Jon Scheyer.
Judy Sheindlin, star of the juggernaut daytime series, explains why she left broadcast syndication for Amazon-owned IMDb TV.11
Video
What Your Breakfast Can Tell You About Inflation Worries
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The Economics of IKEA: Why Does Labor Lead to Love?
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How the Brain Weighs Risk as Covid-19 Restrictions Ease
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