What’s News
Trump Lawyers Take Aggressive Stance on Mueller Investigation
President Donald Trump’s legal team is striking a more combative tone with Robert Mueller, suggesting publicly that the president may decline to cooperate with the special counsel’s prosecutors. 2620
Revenue Surge Boosts State Coffers
Officials from Utah to Connecticut are reporting better tax revenues and say their fiscal outlook has improved, thanks to an expanding economy and job growth.
House Democrats Plan to Release 3,000 Russian-Linked Facebook Ads
The Democrats are preparing to soon release the ads, which Facebook identified as bought by the pro-Kremlin Internet Research Agency, according to people familiar with the matter. 100
U.S. Troops in South Korea Emerge as Potential Bargaining Chip
Voices in Washington and Seoul have given a burst of energy to an idea long considered taboo: If a peace deal can be struck with Pyongyang, would there be any need for U.S. forces on the Korean Peninsula? 119
How the Oil Rally Took Forecasters by Surprise
No one is more surprised by $75 oil prices than Wall Street’s oil experts. The price of crude has climbed nearly 12% this year and has reached its highest levels since 2014—a rally that has caught most big banks flat-footed.
Stocks and Bonds Are Going Nowhere, Stranding Investors
U.S. stocks and bonds appear deadlocked, reflecting the conflicting impulses of a strong economy against rising interest rates and creeping inflation fears. 69
Labor Unrest Erupts in Iran, Pressuring Leaders
Workers turn against not only employers but also the government over inflation, unpaid wages and failed promises of the nuclear deal. The strain would likely only worsen if the U.S. pulls out of the agreement. 251
Jason Gay
Ballad of the Renegade Hockey Licker
Heard on the Street
Tesla’s Numbers Are Even More Dramatic Than Its CEO
Markets
Argentine Market Sours as Rates Soar to 40%
Argentina’s currency is reeling and its interest rates have surged to 40%, pummeling investors who piled into a market that had been one of the world’s best performers.
Journal Reports
Some Active Managers Smile at the Index-Fund Robots
The popularity of indexing is making it easier to find bargains among smaller stocks, some money managers say.
What Is a ‘Sudden Stop’ in Markets?
In Translation: Capital flows into emerging-markets economies can shift course abruptly, sparking an investor stampede for the exits
Keywords
Privacy Is Dead. Here’s What Comes Next
Privacy, like public safety, is a problem that must be dealt with collectively or not at all: Welcome to the era of “group privacy.” 98
Chinese Telecom Seeks Reprieve From U.S. Ban on Parts Sales
Chinese telecommunication firm ZTE has asked the U.S. government for a stay of its order banning American companies from selling to the firm.
Mondelez Gobbles Up Cookie Maker Tate’s
Food conglomerate will acquire Tate’s Bake Shop for around $500 million as it seeks to address changing consumer tastes.
Scientists in China Race to Edit Crop Genes, Sow Unease in U.S.
Chinese-owned Syngenta makes strides in new technologies to alter plant DNA, as U.S. farmers worry that cutting-edge agricultural science is shifting East. 73
U.S.
House Republicans Tackle Next Battle: Wooing Their Own on Farm Bill
House Republicans return to Washington this week facing an intraparty fight over a sweeping agricultural and food-stamp bill, one of the last major policy battles before November’s midterm elections.
World
Blast at Afghanistan Mosque Kills at Least 12
A bomb blast inside a mosque in eastern Afghanistan being used as a voter registration center killed at least 12 people and wounded 33 others.
Pakistan Interior Minister Ahsan Iqbal Wounded in Attack
A gunman opened fire on Pakistan’s interior minister, Ahsan Iqbal, after a public meeting in his constituency, wounding him in the shoulder.
Economy
The Riddle of the Eurozone’s Missing Inflation—in 11 Charts
Why inflation remains stubbornly low in the eurozone even as it edges up in the U.S. and Britain.
New York
At Columbia, Art Students Want Their Tuition Back
The budding artists in Columbia University’s visual art MFA program didn’t expect their supplies to melt from excessive heat, or that they would be flooded out of their studios, or that they would live in fear of plaster falling from the ceiling. 66
In the Botanical Garden, Construction Workers Tiptoe Quietly
The new Edible Academy complex has been undergoing construction and landscaping in a delicately choreographed production designed to minimize any disruption in or damage to the tranquil oasis in the Bronx.
Video
The Robots that Milk Cows
7:32
Oculus Go: VR Made Easy (and Cheap)
3:03
What 3.9% Unemployment Tells Us About the Economy
1:58PAID PROGRAM
Photos
Broadway vs. London: James McArdle of ‘Angels in America’ Explains
Scottish actor James McArdle discusses the differences between performing in Tony Kushner’s epic, two-part play, “Angels in America: A Gay Fantasia on National Themes” in New York and London.
Mansion Global
Independent of The Wall Street Journal newsroom.
Shop Around for Surgery? Colorado May Soon Encourage It
By Tom Coburn | Cross Country
Judge to Mueller: Show Me the Mandate
By The Editorial Board | Review & Outlook
The Costs of Corbyn—and May
By The Editorial Board | Review & Outlook
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