Search This Blog

Search Tool

Jan 6, 2019

What's Next: Shutdown Enters Third Week; Trade Talks With China Set to Resume; Who Will Win the Golden Globes?

The Wall Street Journal.
What’s Next


Week Ahead

The work week is coming. Be ready.
White House signals flexibility on concrete wall. President Trump signaled fresh willingness to build a southern U.S. border wall out of steel instead of concrete and reiterated his threat to declare a national emergency if Congress doesn’t approve the funds. The impasse that partially shut the government is entering its third week.
  • The border between the U.S. and Mexico. The topic at the center of a partial shutdown includes significant portions of fencing. Here’s where things stand.
  • What will drive debate in the new Congress. In the new divided Congress, action is likely on several key issues, including court picks, health care, trade deals and oversight of the Trump administration.
Federal Reserve releases a readout from December meeting. The minutes, due Wednesday, will likely show how officials viewed conflicting signals from the economy at the end of 2018. Consumers remained confident, spending was solid, and the services and manufacturing sectors remained healthy.
  • Some analysts have cut 2019 Wall Street forecasts. It's the latest sign of unease as the bull market approaches its 10th year. 
Trade tensions take a toll on China. Beijing's economy is slowing faster than expected ahead of a crucial new round of trade negotiations with the U.S. expected to start Monday.
Bolton: U.S. withdrawal from Syria is conditional. The Trump administration won’t withdraw U.S. forces from northern Syria unless Turkey offers a firm commitment not to target America’s Kurdish allies, underscoring the challenges in executing the president’s wishes to put an end to the military campaign.
Who will win the Golden Globes? Sunday’s 76th annual Golden Globes will unofficially kick off Hollywood’s long march to the Academy Awards. Here’s what to watch for in the ceremony

How Clemson competes with Alabama. Clemson football makes half the money Alabama does and doesn’t get as many top players. How the Tigers became Crimson Tide rivals anyway

Go Deeper

Long reads and smart WSJ analysis curated by our editors
Jeff Bezos and Jamie Dimon: Best of frenemies. The JPMorgan chief and Amazon founder have found their companies’ fortunes increasingly entwined, but the balance of power between their firms has shifted.
Apple isn't alone with China woes. Apple’s stumble in the country is an all-too-familiar story for rival Samsung. In five years, the iPhone’s biggest rival went from China’s No. 1 phone maker to an also-ran.
  • The phone that's failing Apple. The tech giant's market share in China has decreased, partly because the XR, the cheapest of the three recent iPhone releases, has fallen short of expectations.
  • Apple and the art of guidance. CEOs and finance chiefs are in a tight spot this month as they report quarterly financial data, aiming for a delicate balance of realism and optimism in their assessments. 
The $9 billion upcharge: How insurers kept extra cash from Medicare. CVS, UnitedHealth, Humana and other health insurers’ bids to manage Part D prescription-drug plans for seniors have been consistently off in ways that benefit the companies at the expense of taxpayers.
Warren's swing through Iowa is an echo of Trump's campaign. Elizabeth Warren became the first top-tier candidate to visit Iowa. Her opening argument in the 2020 Democratic presidential primary has echoes of the one that won the 2016 election for Donald Trump: America needs a return to better days
Have I got a fund for you! Digging in to the fine print reveals the incentives that may lead investors to get conflicted advice, Jason Zweig says.
Is Europe ready to defend itself? As Donald Trump’s America pulls back and Vladimir Putin’s Russia looms, France and Germany are leading a renewed drive for a common EU army.
Rural America is waiting for phone calls that won't connect. Some residents and businesses in rural America face a perplexing problem: They know people are trying to call their phones and sometimes failing, but they don’t know why. 
Why groceries will ride in a self-driving car before you do. Moving a few pounds of stuff turns out to be much easier than getting large, impatient and litigious human beings to their destinations, our columnist writes.
The family secret uncovered by a DNA test. Results from a home genetic test shattered writer Dani Shapiro’s understanding of her identity.

Chart of the Week

First-time home buyers turn to the Bank of Mom and Dad. Among borrowers using FHA loans, which come with low down payments, more than 26% tap relatives for financial help. That’s up from 22% in 2011
“It suggests a great deal about the housing market, which is the ongoing affordability obstacles for first time borrowers.”

This Day in History

Jan. 6, 1919
Theodore Roosevelt Dies
The 26th president of the U.S., Theodore Roosevelt, died at his Sagamore Hill estate on Long Island. Roosevelt rode his Spanish-American war fame to the New York governor's seat and vice presidency in 1900. He took over for President William McKinley when he was assassinated at 43, becoming the youngest president ever to assume the office. Roosevelt was known as an American expansionist, asserting executive powers to defend U.S. interests and promoted the regulation of trusts and monopolies. He also set aside land for the first national parks and monuments.
—Compiled and edited by Josee Rose in London and Phil Nobile in New York

No comments:

Post a Comment