Your guide to the WSJ's exclusive reporting and analysis.
✏️ Remote work has been a boon, particularly for mothers who have long paid a penalty in the workplace. But now, when it comes to the return to the office, women are falling behind. On Wall Street, one of the hottest trends is private credit. JPMorgan's Jamie Dimon says it looks like a recipe for a financial crisis—but he's investing billions to get in on it anyway. And as cat ownership surges, pet food maker Mars is on a mission to tackle "feline insecurity," a fear of cats' indifference to their owners' affection. | |
Emma Tucker
Editor in Chief, The Wall Street Journal | |
- The plunging U.S. dollar leaves Americans traveling overseas this summer with less buying power.
- Chinese factories are moving to Vietnam to dodge tariffs, potentially undermining President Trump's goal of reducing U.S. dependence on China.
- China's military is extending its reach deeper into the Pacific, a push that has prompted the U.S. to strengthen defenses and alliances in the region.
- The American department-store model is broken. A French operator that recently opened a flagship store in New York City thinks it has a better one.
| |
| In America's return to the office, women are falling behind. | |
Among employed men, 29% said they spent time working from home in 2024 on an average day, down from 34% the prior year, according to a new Labor Department survey. For women, that figure stayed largely flat at 36%. The gap reflects women's preferences, but also means they risk losing out on career advancement, Te-Ping Chen reports. (🎧 Why economists are worried about the work-from-home gap.) | |
| JPMorgan's CEO says private credit is dangerous—and he wants to get in on it. | |
The most successful banker in generations, Dimon has earned respect on Wall Street and beyond for steering JPMorgan away from financial fads that toppled other firms. But even though Dimon says he's seeing history rhyme with private credit, he's taking a big leap into the market. Alexander Saeedy examines JPMorgan's early exit from private credit, just as the boom ignited, and Dimon's plan for navigating the bank back into the market. | |
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: The federal government is retreating from student lending. What does that mean for borrowers? | |
Republicans' big tax-and-spending law includes new restrictions on how much students can borrow and how they repay, a start to reversing the government's near takeover of the $1.7 trillion student lending market. Dalvin Brown and Oyin Adedoyin explain the changes and what they mean for financing higher education. | |
A: The new law imposes a series of borrowing limits. Starting next July, caps will be placed on graduate loans for master's and professional degrees. Currently, students can borrow up to the full cost of attendance minus other aid. Parent PLUS loans, which currently let parents borrow up to the full cost of attendance for their child's undergraduate education, will also be capped. Another loan program for graduate students, Graduate PLUS, is being eliminated. The new law will also eliminate most current repayment options for federal loans. Borrowers will have two choices: a fixed standard plan or a new income-driven option that forgives loans after 30 years of payments. Loan deferments for unemployment and economic hardship will also be eliminated. As a result of the changes, families are reassessing the costs and risks of college. Many families are likely to turn to private lenders, which typically charge higher interest rates, have less generous repayment options, and require creditworthy cosigners. Financial advisers say some prospective students might consider lower-cost alternatives, such as starting at community colleges before transferring to four-year schools, or choosing less expensive programs. The law has also sought to encourage alternatives to college, such as by expanding Pell Grant eligibility for students enrolled in workforce training programs. | |
| Food banks are running out exactly when more Americans will need them. | |
| | PHOTO: ADRIA MALCOLM FOR WSJ | |
Food banks have seen requests for assistance from households—including those with children—jump sharply over the past few years, driven by the end of pandemic aid programs and the impact of inflation on grocery prices. This year, the federal government has canceled food deliveries and cut hundreds of millions of dollars in annual aid to food banks. Some food banks and pantries are pushing for more state, local and private funding. Others are considering cutting back services and the amount of food they distribute. | |
- Trump is expected to meet with NATO Secretary-General Mark Rutte at the White House. The president has also indicated he will have a "major announcement" related to Russia.
- Earnings: Fastenal
- 📰 Today's paper
| |
The increase in box-office gross sales year to date compared with 2024, according to box-office tracker Comscore. The summer movie market has been buoyed mostly by movies attached to known franchises, including "A Minecraft Movie," "Lilo & Stitch" and this weekend's "Superman". But compared with 2019, before the pandemic closed theaters, the box office is down 24%. | |
| Pet food giant Mars launched a mission to get its dog-loving workers inside cats' heads. | |
Gen Z spurred a surge in cat households, but Mars had a problem: The company was filled with people who didn't fully understand the mercurial creatures—or their owners. To reorient the team, Mars launched an internal operation called "Cattitude," with visits from vets and animal nutritionists, and more input from cat parents. Now they run every advertising initiative through a filter: Is this rooted in cat parent truth? | |
| | 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 Corinne Abrams in collaboration with Editor in Chief Emma Tucker. | |
DJIA Futures 
