Here’s what we’re watching as the U.S. business day gets under way:
Brett Kavanaugh and Christine Blasey Ford will testify today. The Supreme Court nominee said his high school behavior was “not perfect," but continued to deny allegations of sexual misconduct as battle lines were drawn ahead of the hearing where they'll be questioned by Rachel Mitchell.
A third woman made an accusation against Mr. Kavanaugh. Julie Swetnick described in a sworn declaration Mr. Kavanaugh's behavior at parties while he was in high school and alleged she was drugged and raped at a party where he was present in 1982.
Another accuser was described as dedicated to her work. Deborah Ramirez led a private life dedicated to helping Colorado's underserved communities before going public with accusations of sexual misconduct against Mr. Kavanaugh.
The new kind of fury being unleashed. According to the Journal's Gerald F. Seib, the ramifications of the Kavanaugh fight will live on for years to come. In a separate video, Mr. Seib explains how the current tumult might affect confirmation processes in the future.
President Trump is set to meet with Rod Rosenstein. Ahead of their planned meeting, the president said he doesn't want to fire the deputy attorney general and that he may postpone the sit-down because he didn't want to distract from the Brett Kavanaugh hearing.
The Fed is signaling one more rate hike this year. After raising short-term interest rates by another quarter-percentage point, the central bank indicated it would lift them again later this year and through 2019. Global stocks fell, as investors parsed the outcome of Federal Reserve’s decision.
A criminal trial will cap off a turbulent year for NCAA basketball. The first of three criminal trials is set to begin next week, a critical test for an investigation that rattled the sport with charges centered around alleged schemes to bribe the families of top high-school basketball recruits.
PHOTO: DANIEL ACKER FOR THE WALL STREET JOURNAL
Farmers are saying aid won't cover the damage from tariffs. After the USDA said it would pay farmers nearly $5 billion to offset losses from trade disputes, many farmers say the payments won't make up for lost sales to China and other foreign markets they were counting on to buy their crops and meat. U.S. farm income is expected to drop 13% this year.
Trump accused China of trying to interfere in U.S. elections. The president said Beijing was trying to damage him politically and hurt the Republican Party over growing trade disputes, adding to the expanding grievances between the two global economic powers. Separately, a report set to be delivered to Capitol Hill found that widely used election systems are vulnerable to cyberattack.
Yale is under investigation over admissions of Asian-Americans. Both the Justice Department and Education Department opened a probe into whether Yale illegally discriminates against Asian-American applicants, marking an escalation of the Trump administration's efforts to challenge longstanding consideration of race in admissions decisions.
The CEO of Calpers is facing short- and long-term liabilities. Heading the largest pension fund in the U.S., Marcie Frost faces financial woes with a massive shortfall for future benefits, an upheaval in the executive suite and scrutiny of her own education history.
Tech executives warned of overregulation. At a hearing on Capitol Hill, lawmakers said there is growing consensus for legislation to strengthen online users' privacy, while executives from tech giants like Amazon and Google warned that certain types of regulation could limit services.
More young veterans are committing suicide, data shows. Despite efforts by the VA to curb the problem, the rate of suicides among young military veterans has increased substantially, jumping in the most recent 2016 report to 45 suicide deaths per 100,000, up from 40.4 in 2015.
Bitcoin mining giant plans to file for IPO. Traditional capital markets and the cryptocurrency world would collide when Bitmain Technologies, the world’s largest cryptocurrency mining company, pursues its initial public offering in Hong Kong.