Your guide to the WSJ's exclusive reporting and analysis.
Emma Tucker
Editor in Chief, The Wall Street Journal | |
- A barrage of tariff threats didn't keep investors from driving stocks to fresh records last week, but the coming earnings season could make the trade war harder to ignore.
- Trump has threatened 200% pharma tariffs, but for Wall Street, the size of the levy matters less than the timing, writes David Wainer.
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| The "cable cowboy" is battling a giant gas station for the soul of the American West. | |
Emotions have boiled over in Palmer Lake, Colo., since Texas-based Buc-ee's—featuring a grinning beaver mascot—targeted an undeveloped plot of land along a highway for a giant new outlet. The bitter fight reflects rising backlash against sprawl in the West, reports Jim Carlton. Local boosters say growth is inevitable, and cheer the new tax revenue. Others see an erosion in their way of life. Critics have a powerful ally in billionaire media mogul John Malone, who owns a nearby ranch. | |
| The best EV deals now are on the used market. | |
Car buyers are turning a cold shoulder to new electric vehicles, but they're flocking to used models, reports Imani Moise. Used EV sales topped 100,000 for the first time in the second quarter, according to Cox Automotive, in a rare bright spot for the EV industry, which is contending with lackluster demand and the looming elimination of federal tax credits. Used EV prices fell nearly 32% in 2024 from 2023—almost 10 times the drop in prices for used gas-powered cars, according to iSeeCars.com. Deals on used EVs are especially pronounced because they depreciate faster than gas-powered cars, reflecting concerns about battery life and longevity. | |
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MESSAGE FROM: BUY SIDE FROM WSJ | | | | | Our expert guide helps you navigate securing federal and private student loans by comparing competitive rates, flexible terms and high borrowing limits to help fill the gap. LEARN MORE | ![]() | | |
| Q: Is now a good time to buy an iPhone? | |
The prices of Apple products can fluctuate seasonally as the company launches new products. WSJ personal-tech columnist Nicole Nguyen wrote about what you should know before you shop. | |
A: Apple devices, like fresh produce, are seasonal. Don't buy winter citrus in the summer. Or an iPhone. The latest and greatest crop typically comes out in September, which means it's a bad time to buy an Apple gadget right now. If you can hold off for just a couple of months, better trade-in deals and price drops await. Tariffs have thrown a wrench into all kinds of purchasing decisions, but I still think it's worth the wait, even if Apple does raise prices. Apple never says much publicly about coming products, but WSJ has reported that a slimmer iPhone model is on the horizon. And updates are due for the Apple Watch, AirTags and other accessories. Now, this year's Big Question: What about tariffs? The situation is constantly changing. Smartphones and other tech products were initially exempt, but Trump threatened new fees for gadget imports in May and then said Apple needed to make a U.S. iPhone. So far, Apple has absorbed additional costs, but the Journal reported that the company is considering a price increase for its fall lineup. | |
| A never-ending supply of drones has frozen the front lines in Ukraine. | |
Each side now has hundreds of unmanned vehicles constantly in the air across the 750-mile battle line. These devices can lay mines, deliver everything from ammunition to medication and even evacuate wounded and dead soldiers. Drones are so plentiful that pilots will attack a single soldier on foot, making rotating soldiers in and out of trenches dangerous and creating a mostly static front line. | |
- Tuesday: The Labor Department will release the consumer-price index for June at 8:30 a.m. ET. Earnings season gets under way with results due from JPMorgan Chase, Wells Fargo and more.
- Thursday: The Commerce Department reports June retail sales figures at 8:30 a.m. ET. The British Open begins.
- Friday: The first half of a two-part documentary about Billy Joel's life airs on HBO. Check out what else is happening in arts & culture this week.
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The global share of private-equity exits that involved sales to continuation funds last year, up from 5% in 2021, according to Jefferies. These vehicles, which let private-equity firms hold on to a business while giving investors in the original fund a chance to cash out, have boomed as firms have become reluctant to sell companies or take them public amid higher interest rates and tariff uncertainty. | |
| Buying a home on a golf course? Beware of the lengthy club waitlist. | |
Purchasing in a golf community doesn't always guarantee automatic membership, which has forced some house hunters to reconsider where they buy. Long waitlists have turned the buying process into a game of strategy, patience and sometimes compromise—a shift from before the pandemic, when such communities had been plagued with years of sluggish sales. | |
| | About Us | The 10-Point is your guide to The Wall Street Journal's reporting and analysis you can't get anywhere else. Your subscription makes our journalism possible. Today's newsletter was curated and edited by Conor Grant and Cristina Roca in collaboration with Editor in Chief Emma Tucker. | |
