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Good afternoon. Here’s what you should know today, June 7. |
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European officials accused Russia of weaponizing food supplies in Ukraine Seven states are holding primary elections today Flying to small airports could be tough this summer |
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| PHOTO: NICHOLAS KAMM/AFP/GETTY IMAGES |
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1. Janet Yellen told lawmakers that she expects inflation to remain high. |
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World Bank Warns of Stagflation Risk, Cuts Global Growth Forecast to 2.9% (Read) U.S. Imports Slowed in April, Shrinking Trade Deficit From Record (Read) 🎥 What It Takes for a Bear Market to Turn Around (Watch) |
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2. California, New Jersey, Iowa, Mississippi, Montana, South Dakota and New Mexico are holding primaries today. |
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The focus is largely on setting House races for November after redistricting scrambled political boundaries. Several contests will test the potency of former President Donald Trump’s endorsement and his continuing influence in national and local politics. |
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3. Omicron Covid-19 variants BA.4 and BA.5 are on the rise in the U.S. |
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They represented a combined 13% of U.S. cases for the week ended June 4, according to CDC estimates. Evidence suggests the variants are even more contagious than the other versions of the virus that have driven a wave of infections this spring. |
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Novavax Covid Vaccine Faces FDA Advisers’ Scrutiny (Read) |
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4. In Russia’s battle for Ukraine’s Donbas region, both sides have higher stakes at play. |
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Moscow aims to prove it can gain and hold ground after failing to take Kyiv, while Ukrainian defenders want to show Western allies they can prevail. Meanwhile, European officials blamed Russia for a looming global food crisis as its blockade of Ukrainian ports threatens the country’s grain exports. |
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Russia Sanctions Netflix, Delta Air Lines, BlackRock CEOs (Read) Disabled Teen Who Fled Ukraine Meets John Cena, the Wrestling Star Who Motivated His Journey (Read) Sweden’s NATO Bid Rattles Kurdish Diaspora (Read) |
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5. The Supreme Court has 30 cases left in the current term, one of its most contentious in years. |
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🗨 Your Career Questions, Answered. |
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With the risk of an economic downturn looming and many return-to-office plans in limbo, there’s a lot of uncertainty right now. What are your biggest career questions as you look six months, one year or five years into the future? Email AsWeWork@wsj.com, and your questions might be answered on an episode of the “As We Work” podcast. |
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