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✏️ Tennessee's rural, deep-red Coffee County is in the midst of a development battle pitting multigenerational farmers against builders and real-estate brokers. The feud, unleashed by the mysterious death of the county's pro-growth mayor, has strained relations in a place where everyone knows everyone else. It also reveals the complexity of modern Republican politics. Plus, bad news for Londoners: The Tube isn't just unpleasantly hot, it's getting hotter. | |
Emma Tucker
Editor in Chief, The Wall Street Journal | |
- The narrative that President Trump overplays his hand on trade misconstrues his goals and overstates the importance of deals, writes Greg Ip.
- New York City's mayoral front-runner, Zohran Mamdani, walked back his stance on the slogan "globalize the intifada" after a meeting with business elites.
- Trump is expected to sign an executive order in the coming days to help make private-market investments more available to U.S. retirement plans.
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| After a mayor's mysterious death, a land dispute divides Republicans in Tennessee. | |
| | PHOTO: WILLIAM DESHAZER FOR WSJ | |
Smack dab between the swelling urban centers of Nashville, Chattanooga and Huntsville, Ala., Coffee County was poised to become Tennessee's next boomtown, with subdivisions rapidly replacing farmland. Then the county's mayor, who championed a pro-growth platform, died under unusual circumstances. Now the county is split over development, Cameron McWhirter reports. Rival camps have hired lawyers and clash at planning commission meetings, with both sides invoking conservative principles. | |
| A European charm offensive helped turn Trump against Putin. | |
Trump's moves this week to arm Ukraine and set a deadline for Russian President Vladimir Putin to begin negotiating in earnest followed a monthslong campaign by European leaders, including weekly calls from German Chancellor Friedrich Merz and flattering texts from NATO Secretary-General Mark Rutte. Bojan Pancevski looks into the back-channel contacts, direct diplomacy and multibillion-dollar weapons deal that helped align the U.S. and Europe on arming Ukraine. | |
Go inside the U.S.-China relationship. | Sign up for the WSJ China newsletter to get exclusive insights on the contest between the U.S. and China, brought to you every week by the WSJ's top China correspondent. | | |
CONTENT FROM: Deloitte | | | | | The U.S. depends on foreign suppliers for 100% of 12 critical minerals and more than 50% of 29 others, threatening economic security. President Donald Trump's National Energy Dominance Council proposes a three-part action plan: boost domestic mining, strengthen international partnerships and improve market transparency to reduce import reliance and enhance supply chain resilience. Read More | ![]() | | |
| Q: How is the economy doing right now? | |
The impact of Trump's whirlwind six months back in office, including a chaotic rollout of tariffs and an immigration crackdown, is showing up in the economy. It's not, as yet, enough to derail it, David Uberti writes. | |
A: A long stretch during which Trump's policies left little imprint on the hard data appears to be ending. Tuesday's inflation numbers for June came in close to economists' expectations at 2.7% annually. But there were price bumps on what Americans pay on key imports, like furniture and clothing, a potential sign of tariff-linked price hikes that many economists believe will continue in the months ahead. Cracks have also begun to show in the labor market. While data on the unauthorized workforce is unreliable, employment growth in industries that rely heavily on workers who entered the country illegally appears to have slowed. The foreign-born labor force has shrunk significantly since March. And recent immigrants appear more reluctant to take part in the Labor Department's monthly survey of households. To be sure, Americans are still spending, and employers continue to add jobs. On Tuesday, some of the biggest U.S. banks reported better-than-expected quarterly earnings. Still, the question is whether that will hold—and, if it doesn't, how long the world's largest economy can keep powering ahead. | |
| Through trial and error, Iran found gaps in Israel's storied air defenses. | |
| | PHOTO: MENAHEM KAHANA/AFP/GETTY IMAGES | |
Israel's recent war with Iran served as a cautionary tale: Even the world's most advanced systems can be penetrated. As the 12-day war went on, Iran fired fewer missiles, but its success rate rose, according to a WSJ analysis of data from think tanks based in Israel and Washington, D.C. An analysis of Israel's public statements indicates that its interception rate declined over the course of the war. | |
- The Federal Reserve reports June industrial production figures at 9:15 a.m. ET.
- Nvidia CEO Jensen Huang is in China, meeting with top officials.
- Earnings: Johnson & Johnson, Bank of America, Morgan Stanley, Goldman Sachs, Progressive, Prologis, United Airlines
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The share of last year's travel-insurance claims that were made for emergency medical expenses, topping all other claims, including trip cancellation, in volume and dollar amounts for the first time in a decade, according to travel-insurance comparison site Squaremouth. Few things can wreck a vacation like an unexpected trip to the doctor or emergency room, especially in a foreign country where your health-insurance coverage may be limited or nonexistent. | |
| The London Tube is hot. Efforts to cool it just make it hotter. | |
Engineers have spent decades trying everything from industrial fans to giant blocks of ice to temper the Tube's sweltering subterranean climate, but a remedy remains elusive. Air conditioning, for example, has now been added to roughly 40% of London Underground trains, but it is hard to install on the smaller, deeper lines. And AC simply moves heat from one place to another, so while trains may get cooler, platforms and tunnels get hotter. | |
- Opinion: Americans elected President Trump to increase real incomes and reduce inflation, yet so far he isn't succeeding at either. Tariffs aren't helping.
- Buy Side from WSJ: Shop these versatile travel outfits designed to take you through busy vacation days in style.
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| | 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 Sarah Chacko and Michael Wright in collaboration with Editor in Chief Emma Tucker. | |
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