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What’s News |
| Good Morning Here’s what we’re watching as the U.S. business day gets under way: |
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Mexico weighs asylum overhaul. Mexico agreed to revisit demands by the U.S. for a radical overhaul of the immigration system if its proposed measures to curb migration don’t work, putting it under intense pressure to stem the tide of Central Americans arriving at the U.S. border. |
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Gasoline prices slide as summer trips begin. Average retail gasoline prices have fallen in five consecutive weeks, putting many Americans on track to pay much less for fuel this summer and potentially boosting U.S. consumers at a time when many analysts are projecting a slowdown in economic growth. |
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Images of travelers stolen in hack. A federal subcontractor working for U.S. Customs and Border Protection suffered a malicious cyberattack that compromised likely tens of thousands of photos of travelers’ faces and their vehicles’ license plates, officials said. |
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U.S. targets China on recruitment. The Energy Department has banned its scientists and most contractors from participating in talent-recruitment programs sponsored by China and other adversarial foreign governments. It has found that its employees have been recruited by foreign military-affiliated programs and lured with multimillion-dollar packages. |
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Kim's slain half brother was a CIA informant. Kim Jong Nam, the slain half brother of North Korean leader Kim Jong Un, was an informant for the CIA who met on several occasions with agency operatives. Mr. Kim was killed at an airport in Malaysia in February 2017, when two women smeared his face with nerve agent VX. |
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House, DOJ reach deal on Mueller probe evidence. The House Judiciary Committee has reached an agreement to gain access to evidence special counsel Robert Mueller collected on whether the president acted improperly, backing off a plan to hold Attorney General William Barr in contempt of Congress for blocking the release. |
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Tech's best stretch since 2011 rejuvinates market rally. Technology stocks just posted their best five-day stretch in 7½ years, as investors embrace shifts in monetary and trade policy widely seen as supporting higher prices. After a dismal May, the S&P 500 information-technology sector has rebounded nearly 9% in the past five sessions. |
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Team USA kicks off World Cup journey. As the U.S. women begin the defense of their title against Thailand later today, all eyes are on Alyssa Naeher, who has perhaps the most difficult job at this World Cup: following goalkeeper Hope Solo. |
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| PHOTO ILLUSTRATION BY BRIAN MCGILL/WSJ; PHOTOS: ZUMA PRESS(2) |
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Trump's hectoring of Fed chairman complicates rate calls. Repeated criticisms from the president are part of the context in which Jerome Powell must decide whether threats to the economy, including from trade fights, dictate an interest-rate cut soon. 🎧 Hear more from reporter Nick Timiraos on today's What's News podcast. |
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President returns to Iowa amid unrest over farm tariffs. After months of Democratic presidential hopefuls flooding the state, President Trump is making his own pilgrimage to Iowa this week, his first visit this year to the perennial battleground. Unlike the Democrats focused on the February caucuses, Mr. Trump will be looking ahead to the general election. |
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A helicopter crash-landed atop an office tower in Manhattan. Investigators were probing the cause of the incident, which killed the pilot, clogged the skyscraper’s stairwells with thousands of evacuating workers and sent hundreds of police and fire units racing through rainy streets to the heart of the city. |
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Defense consolidation continues as spending priorities shift. The biggest aerospace-and-defense merger ever caps two years of deal making in an industry that is reorganizing in anticipation of slower growth in Pentagon spending and new priorities such as space systems and hypersonic missiles. |
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Where teens rule and parents fear to tread. Discord, a free chat service, allows people to talk to friends or strangers in real-time via voice, text or video chat. Its biggest sector remains gaming—and that’s where racial slurs, sexist comments, politically incorrect memes and game-shaming are prevalent, users say. |
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Kamala Harris's balancing act. The Democratic presidential candidate didn’t act on recommendations from top staff to adopt a policy meant to help ensure defendants get a fair trial for five years as San Francisco district attorney, according to memos reviewed by the Journal. |
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Millennials prize experiences. So do travel companies. Millennial travelers prefer to spend on eccentric adventures rather than upscale hotel rooms. But for travel companies, Heard on the Street's Laura Forman asks: Will experiences pack as much bang for their bucks? |
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New thinking on longstanding asthma treatments. A growing body of evidence suggests there are different kinds of asthma that may require different approaches, writes the Journal's Sumathi Reddy. |
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As sharing health-care costs take off, states warn: It isn't insurance. Religious organizations where members help pay each other’s medical bills have grown into operations bringing in hundreds of millions of dollars, an increase that is driving more consumer complaints and state scrutiny. |
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Salesforce will have to keep paying up. It is no Twitter, but Salesforce’s largest deal to date also represents the furthest the cloud software company has ventured out of its comfort zone, writes Heard on the Street’s Dan Gallagher. |
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Kennedy Addresses U.S. on Civil Rights Addressing the nation from the Oval Office, President John F. Kennedy proposed what would later become the Civil Rights Act of 1964. The speech signified a shift in policy toward strong support of the civil rights movement, with Kennedy emphasizing that the pursuit of racial equality was a just cause. The legislation faced filibuster in the Senate for months, and following Kennedy's assassination in November, President Lyndon B. Johnson pushed the bill forward, eventually signing it into law in July 1964. |
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