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What's Next |
Good Afternoon Welcome to What's Next, a Sunday newsletter from the folks who deliver your essential weekday What's News briefing. We won't overload you: just a quick look at the week ahead and great stories you ought not to miss. |
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| The work week is coming. Be ready. |
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What's next for markets? Investors enter the week after five days of wild swings driven by trade tensions and the possibility that a planned U.S.-China meeting might not happen. At the heart of investors’ worries is that the trade war could push the U.S. and world economies into a slowdown. |
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U.S. Treasurys emerge as a winner. The sharp drop in U.S. government bond yields is scrambling assumptions about the hugely influential set of interest rates, prompting new speculation about how low yields can fall and what their decline means. |
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Consumer data and retail earnings on tap. July retail-sales data is scheduled for Thursday and a preliminary reading of August consumer sentiment is expected Friday. Meanwhile, retailers such as Macy's, Walmart, J.C. Penney and Coach owner Tapestry are scheduled to report quarterly results. |
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German GDP figures are expected. Europe’s powerhouse economy is expected to contract in the second quarter, raising questions about whether the government should finally stimulate growth. |
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A look inside Aramco. Saudi Arabia's oil company plans to host an earnings call to showcase first-half results on Monday. The call is seen as a staging for the highly anticipated initial public offering, which had been previously put off, but has been recently gaining support from government officials and the royal family. |
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Epstein's death triggers investigation. Disgraced former financier Jeffrey Epstein died Saturday morning in an apparent suicide in his Manhattan jail cell. The investigation into sex-trafficking charges will continue and the FBI and Justice Department have opened separate probes into his death. |
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Democrats launch Texas offensive. Pundits have talked for years about deep-red Texas turning blue. After 2018 gains and a series of GOP congressional retirements, Democrats see 2020 as their best opportunity in a generation to win at the federal and state levels. |
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Some seniors waver on Trump. Voters over 65 backed then-candidate Donald Trump in the 2016 election. But seniors—the fastest-growing segment of the electorate—aren’t squarely in his camp for 2020. |
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UPS bets on Amazon, for now. As FedEx stops shipping Amazon packages, UPS is retaining close ties to the retail giant. But that decision could pose risks down the road. |
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Decades-old African conflict draws White House interest. National security adviser John Bolton is putting his weight behind a contentious plan to resolve the Western Sahara conflict by turning the screws on the U.N. and trying to force the rival parties to cut a deal. |
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| Long reads and smart WSJ analysis curated by our editors |
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The flip side of making partner. Being named a partner at a law firm once meant joining a band of lawyers who jointly tended to longtime clients and took home comfortable, and roughly equal, paychecks. Job security was virtually guaranteed and partners rarely jumped ship. That model—and the culture that grew up around it—is all but dead. |
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Our new terrorism problem. The U.S. should use its hard-won experience against al Qaeda and Islamic State to combat today’s surge of lethal white supremacist attacks, writes Clint Watts. |
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The king of cheap beers goes after hard seltzer. After failing to make a big splash with a hard seltzer targeting women, Anheuser-Busch is taking another run at the buzzy category with a seltzer aimed at a very different group: college-age drinkers of Natural Light. |
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Carbon credits emerge as top investment. Long shunned by traders, carbon-emission credits are now one of the world’s best-performing investments, soaring more than fivefold over the past two years. Now investors who largely abandoned the market are back. |
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That offer to make you debt-free can leave you worse off. Americans are falling deeper into debt. Companies that promise to help often leave these consumers worse off, facing high fees, damaged credit scores and unexpected income-tax bills. |
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College still pays off, but not for everyone. Higher-education degrees boost wages for most people, but a growing subset of graduates aren’t seeing a return on their investment. |
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The Premier League kicks off. After a season of unprecedented power by the top two clubs—Manchester City and Liverpool—the stage is set for more of the same. |
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A road trip with retro charm. To upgrade your driving vacation, rent a vintage car that suits the destination. Writer Matthew Kronsberg sought out a 1960s woody wagon to wheel around time-capsule towns. |
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Tornado Rips Through Salt Lake City A rare tornado tore through downtown Salt Lake City, Utah, killing one and injuring more than 100. Unusual atmospheric conditions caused the storm, leading to the state's first tornado death. |
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