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☆ Stop Worrying So Much About Getting Eight Hours of Sleep a Night
▼ + stars: | 2023-11-21 | by ( Geoffrey Rogow | ) www.wsj.com time to read: 1 min

WSJ’s Life & Work team presents a holiday-season series about one secret to happiness: lower expectations of yourself and others. Up now: sleep stress. Everyone knows that getting eight hours of sleep is the key to health and happiness.

☆ Why the Dollar's Comeback Could Be Bad News for the Stock Market
▼ + stars: | 2023-11-20 | by ( ) www.wsj.com time to read: 1 min

Why the Dollar's Comeback Could Be Bad News for the Stock MarketAfter weakening earlier this year, the U.S. dollar is pushing higher and could be headed back toward the 20-year high it touched in 2022. WSJ’s Dion Rabouin explains why this could be bad news for investors. Photo illustration: Noah Friedman

Persons: WSJ’s Dion Rabouin, Noah Friedman Organizations: Stock, U.S .

☆ Argentina’s New President Wants to Adopt the U.S. Dollar as the National Currency
▼ + stars: | 2023-11-20 | by ( Ryan Dubé | Santiago Pérez | ) www.wsj.com time to read: 1 min

After weakening earlier this year, the U.S. dollar is pushing higher and could be headed back toward the 20-year high it touched in 2022. WSJ’s Dion Rabouin explains why this could be bad news for investors. Photo illustration: Noah FriedmanBUENOS AIRES—The self-styled anarcho-capitalist who won Argentina’s presidency on Sunday plans to ditch his nation’s peso and adopt the U.S. dollar as the national currency. President-elect Javier Milei ’s top campaign proposal was aimed at eradicating rampant inflation that has for decades ravaged Latin America’s third-biggest economy by removing the battered national currency from circulation and stripping the central bank of its power to print money. Uncontrolled money-printing to cover public expenditures, economists say, has fueled 143% inflation, one of the world’s highest.

Persons: WSJ’s Dion Rabouin, Noah Friedman BUENOS, Argentina’s, Javier Milei ’ Organizations: U.S ., Noah Friedman BUENOS AIRES, U.S

☆ No One Should Pick You Up at the Airport
▼ + stars: | 2023-11-20 | by ( Nikki Waller | ) www.wsj.com time to read: 1 min

WSJ’s Life & Work team presents a holiday-season series about one secret to happiness: lower expectations of yourself and others. First stop: the airport. Want to be a hero this holiday season? Get yourself home from the airport.

Qatar has become a key negotiator for the release of hostages held by Hamas. In recent years, the tiny Emirate has led mediation efforts in Afghanistan, Iran and Ukraine. WSJ’s Shelby Holliday explains how Qatar became a diplomatic power broker. Photo illustration: Marina CostaIsrael and Hamas are closing in on an internationally brokered deal to pause fighting and free some of the roughly 240 hostages taken by the militant group, officials close to the talks said, amid heightened scrutiny of the civilian toll of Israel’s invasion of Gaza. The hostage talks—brokered by Egypt, Qatar, and the U.S.—have moved in fits and starts for weeks and could break down again.

Persons: WSJ’s Shelby Holliday, Marina, Marina Costa Israel, — Organizations: Marina Costa, U.S Locations: Qatar, Afghanistan, Iran, Ukraine, Gaza, Egypt

☆ Veronica Dagher — Reporter at The Wall Street Journal
▼ + stars: | 2023-11-17 | by ( Veronica Dagher | ) www.wsj.com time to read: 1 min

Veronica DagherVeronica Dagher is an award-winning Wall Street Journal personal finance reporter and the author of the WSJ ebook “Resilience: How 20 Ambitious Women Used Obstacles to Fuel Their Success.”Veronica hosts videos for WSJ’s Twitter account and is a regular guest on CBS, Fox Business Network, Yahoo Finance, Cheddar and other national media where she speaks about personal finance, the housing marketing and women and money. She created, hosted and produced the WSJ podcast “Secrets of Wealthy Women,” where she interviewed some of the most successful women in business, media and entertainment. Veronica is a frequent panel moderator and keynote speaker.

Persons: Veronica Dagher Veronica Dagher, Veronica Organizations: Twitter, CBS, Fox Business Network, Yahoo Finance, ”

☆ Biden, Xi Meet as Underlying Frictions Remain
▼ + stars: | 2023-11-16 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Biden, Xi Meet as Underlying Frictions RemainPresident Biden said he and his Chinese counterpart Xi Jinping would continue to “preserve and pursue” high level diplomacy, after the pair held talks on Wednesday at an estate outside of San Francisco. WSJ’s Charles Hutzler analyzes the meeting. Photo: Doug Mills/AP

Persons: Biden, Xi Jinping, WSJ’s Charles Hutzler, Doug Mills Locations: San Francisco

☆ Biden, Xi Strike Warmer Tone at Summit but Underlying Frictions Remain
▼ + stars: | 2023-11-16 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Biden, Xi Strike Warmer Tone at Summit but Underlying Frictions RemainPresident Biden said he and his Chinese counterpart Xi Jinping would continue to “preserve and pursue” high level diplomacy, after the pair held talks on Wednesday at an estate outside of San Francisco. WSJ’s Charles Hutzler analyzes the meeting. Photo: Doug Mills/AP

Persons: Biden, Xi Jinping, WSJ’s Charles Hutzler, Doug Mills Organizations: Xi Locations: San Francisco

☆ China’s Xi Draws Standing Ovation From U.S. Business Leaders—and Some Doubts
▼ + stars: | 2023-11-16 | by ( Lingling Wei | Charles Hutzler | ) www.wsj.com time to read: +1 min

President Biden said he and his Chinese counterpart Xi Jinping would continue to “preserve and pursue” high level diplomacy, after the pair held talks on Wednesday at an estate outside of San Francisco. WSJ’s Charles Hutzler analyzes the meeting. Yet on his first trip to the U.S. in six years, Chinese leader Xi Jinping didn’t make a pitch to win back American businesses and investors. Instead, at a dinner with U.S. corporate chiefs and other guests, Xi sought to enlist corporate America’s help in easing bilateral tensions, emphasizing the room for both nations to work together—a theme of his meeting with President Biden earlier Wednesday. Throughout his speech, Xi described himself as a leader of the people and stressed the importance of buttressing bilateral ties with people-to-people exchanges, but didn’t specifically highlight trade or investment.

Persons: Biden, Xi Jinping, WSJ’s Charles Hutzler, Brendan Smialowski, Xi Organizations: Getty Locations: San Francisco, AFP, China

☆ George Santos ‘Blatantly Stole’ From Own Campaign, House Ethics Committee Finds
▼ + stars: | 2023-11-16 | by ( Katy Stech Ferek | ) www.wsj.com time to read: 1 min

Rep. George Santos recently pleaded not guilty to 13 felony charges. WSJ’s Ashby Jones breaks down those charges and what’s next for the New York Republican. Photo Illustration: Ryan TrefesWASHINGTON—The House Ethics Committee said Thursday that it found substantial evidence that Rep. George Santos (R., N.Y.) stole money from his campaign and used his connections to high value donors to get additional money through questionable business dealings but stopped short of recommending that lawmakers boot him from Congress. “Representative Santos sought to fraudulently exploit every aspect of his House candidacy for his own personal financial profit” and “blatantly stole from his campaign,” the report said. The committee said Santos’s conduct “warrants public condemnation, is beneath the dignity of the office, and has brought severe discredit upon the House.”

Persons: George Santos, WSJ’s Ashby Jones, what’s, Ryan Trefes WASHINGTON, Santos, “, ” Organizations: New York Republican, “ Locations: N.Y

☆ Hyundai to Be First Automaker to Sell New Cars on Amazon
▼ + stars: | 2023-11-16 | by ( Ryan Felton | Sean Mclain | ) www.wsj.com time to read: 1 min

Giant touch screens. WSJ’s Joanna Stern took three of the leading cars on a road trip and then leased the best one. Photo illustration: Annie Zhao/The Wall Street JournalHyundai customers who want to skip going to a dealership will have a new option next year: shopping on Amazon.com . The South Korean automaker announced the move Thursday with Amazon at the Los Angeles Auto Show. Starting in 2024, U.S. auto dealers will be able to sell new vehicles on the tech company’s platform, making Hyundai the first automotive brand to offer such an option for customers.

Persons: Joanna Stern, Annie Zhao Organizations: Street, South Korean, Amazon, Los Angeles Auto, Hyundai

☆ How Bad Are Public EV Chargers? I Visited Over 120 to Find Out.
▼ + stars: | 2023-11-15 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

How Bad Are Public EV Chargers? I Visited Over 120 to Find Out. Los Angeles County has more public electric-vehicle fast chargers than any other in the country. WSJ’s Joanna Stern hit up 30 charging locations in a Rivian R1T and ran into problems at 40% of them. Here’s what’s being done to fix the charging mess.

Persons: WSJ’s Joanna Stern, Here’s, Annie Zhao Organizations: Public EV Chargers Locations: Los Angeles

☆ How Real-Estate Brokers Are Reacting to the Historic Commission Verdict
▼ + stars: | 2023-11-15 | by ( Nicole Friedman | ) www.wsj.com time to read: 1 min

The recent verdict against the National Association of Realtors and large residential brokerages is likely to change the amount of commissions paid by home buyers and sellers, as well as how they are paid out. WSJ’s Laura Kusisto joins J.R. Whalen to discuss. Photo: Tamir Kalifa For The Wall Street JournalResidential real-estate brokerages are seeking to reassure investors after last month’s $1.8 billion verdict against the National Association of Realtors, another potential blow to an industry already reeling from a severe housing-market slowdown. Industry analysts say the historic verdict could prompt changes in how real-estate agents are paid and eventually push commissions down. A federal jury on Oct. 31 found NAR and two large brokerages conspired to keep costs artificially high.

Persons: WSJ’s Laura Kusisto, Whalen, Tamir Kalifa, brokerages Organizations: National Association of Realtors, Industry

☆ As Rent Rises Cool, So Will Inflation
▼ + stars: | 2023-11-14 | by ( Justin Lahart | ) www.wsj.com time to read: 1 min

Will the strong U.S. economic data we’ve seen push the Fed to change policy this year? What comes next depends on how the Fed will interpret the data. Photo: Sarah Silbiger/Bloomberg NewsInflation has been cooling, and a big part of why is that rent increases have as well. That is also why inflation is likely to keep going lower in the months ahead. Tuesday’s inflation report from the Labor Department showed that overall consumer prices were up 3.2% from a year earlier in October, while core prices, which exclude food and energy prices in an effort to better track inflation’s underlying trend, were up 4%.

Persons: WSJ’s Dion Rabouin, Sarah Silbiger Organizations: Bloomberg, Labor Department

☆ Khosla Ventures Closes In on $3 Billion for Venture Funds, Defying Startup Slump
▼ + stars: | 2023-11-14 | by ( Berber Jin | ) www.wsj.com time to read: 1 min

At WSJ’s Tech Live conference, venture capitalist Vinod Khosla discusses the pros and cons of investing in AI technology. Photo: Nikki Ritcher for The Wall Street JournalKhosla Ventures is in the final stages of raising $3 billion for its latest set of venture funds, showing how some Silicon Valley investors remain bullish even as startups continue to stare down slower growth and lower valuations. The fundraise will be one of the largest completed by a venture firm this year and one of the few to grow in size. Khosla Ventures last raised $1.85 billion three years ago.

Persons: Vinod Khosla, Nikki Ritcher Organizations: WSJ’s Tech, Wall Street Journal Khosla Ventures, Khosla Ventures

☆ Early OpenAI Investor Khosla Ventures Closes In on $3 Billion for Venture Funds
▼ + stars: | 2023-11-14 | by ( Berber Jin | ) www.wsj.com time to read: 1 min

Persons: Vinod Khosla, Nikki Ritcher, OpenAI Organizations: WSJ’s Tech, Wall Street Journal Khosla Ventures, Khosla Ventures

☆ The Stealthy Sailboat-Submarine Drone the U.S. Navy Is Using Near Iran
▼ + stars: | 2023-11-14 | by ( ) www.wsj.com time to read: 1 min

The Stealthy Sailboat-Submarine Drone the U.S. Navy Is Using Near IranAs the U.S. races to counter adversaries like Iran and China with drones, Ocean Aero is ramping up production of the Triton, an autonomous sailboat-turned-submarine that can carry weapons and other payloads. WSJ’s Shelby Holliday got a closer look. Photo illustration: Jamie Leventhal

Persons: Shelby Holliday, Jamie Leventhal Organizations: U.S . Navy, Triton Locations: Iran, U.S, China

☆ Eli Lilly’s Mounjaro Approved for Weight Loss in the U.S.
▼ + stars: | 2023-11-08 | by ( Peter Loftus | ) www.wsj.com time to read: 1 min

Earlier: Some drugs initially approved to treat Type 2 diabetes are now being used for cosmetic weight loss. WSJ’s Daniela Hernandez explains how they work, their side effects, and concerns over unintended consequences. Illustration: Elizabeth SmelovU.S. drug regulators have approved expanding the use of Eli Lilly ’s diabetes drug Mounjaro to include the treatment of obesity. The Food and Drug Administration’s decision Wednesday furthers the rapid rise of Mounjaro—and similar-acting therapies Ozempic and Wegovy from Novo Nordisk —that have in a matter of months reshaped the treatment of obesity and doctors’ understanding of its roots.

Persons: WSJ’s Daniela Hernandez, Elizabeth Smelov, Eli Lilly ’, Ozempic Organizations: Novo Nordisk Locations: Elizabeth Smelov U.S, Novo

☆ EV Makers Turn to Discounts to Combat Waning Demand
▼ + stars: | 2023-11-07 | by ( Sean Mclain | ) www.wsj.com time to read: 1 min

Giant touchscreens. EVs have become computers on wheels. WSJ’s Joanna Stern took three of the leading cars on a road trip and then leased the best one. Photo illustration: Annie Zhao/The Wall Street JournalBuyers looking to get a bargain on a new car might want to consider an electric vehicle. As sales growth has slowed for battery-powered models, automakers and dealers are slashing prices and piling on discounts to clear out unsold inventory.

Persons: Joanna Stern, Annie Zhao Organizations: Street

☆ Intel in Lead to Get Billions for Secure Defense-Chip Facilities
▼ + stars: | 2023-11-07 | by ( Yuka Hayashi | Asa Fitch | ) www.wsj.com time to read: 1 min

Intel has ruled the market for central processing units since the 1980s. But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. Intel is the leading candidate to potentially receive billions of dollars in government funding for secure facilities producing microchips for U.S. military and intelligence applications. The facilities—which have yet to be disclosed publicly—would be explicitly designated as a “secure enclave,” according to people familiar with the development. The goal is to reduce the U.S. military’s dependence on chips imported from East Asia, particularly Taiwan, which some say is vulnerable to Chinese invasion.

Persons: WSJ’s Asa Fitch Organizations: Intel, AMD Locations: ”, East Asia, Taiwan

☆ Add Global Conflict to the Forces Keeping Interest Rates High
▼ + stars: | 2023-11-05 | by ( Andrew Duehren | ) www.wsj.com time to read: 1 min

With the U.S. projected to borrow $2 trillion yearly for the next decade, the Treasury Department will need to sell a lot more bonds to make up for the deficit. WSJ’s Dion Rabouin explains what it means for the stock market. Photo illustration: Noah FriedmanIn times of war and conflict, investors have long piled into Treasury bonds and other safe-haven assets, bringing interest rates down. But in today’s disintegrating geopolitical environment, where hot spots around the world threaten to upend the supply of key commodities, it’s becoming harder for investors to book their flights to safety. That helps explain why bond yields have risen recently—and may stay high.

Persons: WSJ’s Dion Rabouin, Noah Friedman Organizations: U.S, Treasury Department

☆ LVMH to Buy Eyewear Brand Favored by the Stars
▼ + stars: | 2023-11-05 | by ( Nick Kostov | ) www.wsj.com time to read: 1 min

Bernard Arnault, head of LVMH, has a net worth larger than those of Elon Musk and Jeff Bezos. WSJ’s Nick Kostov explains how the French business magnate amassed his fortune and how he plans to keep that wealth under family control. Photo: Nicholas Kamm/Agence France-Presse/Getty ImagesPARIS— LVMH Moët Hennessy Louis Vuitton has agreed to buy Los Angeles-based eyewear maker Barton Perreira , part of the luxury conglomerate’s push to extend its reach to goods with mass-market appeal. Eyewear has emerged in recent years as one of the first purchases that aspiring luxury consumers make before moving on to more expensive items such as handbags. That is prompting LVMH and other luxury-goods companies to wean themselves off licensing agreements with third-party manufacturers and develop in-house eyewear operations.

Persons: Bernard Arnault, Elon Musk, Jeff Bezos, Nick Kostov, Nicholas Kamm, LVMH Moët Hennessy Louis Vuitton, Barton Perreira, LVMH Organizations: Agence France, PARIS Locations: Los Angeles

☆ As U.S. Pushes for Temporary Halt to Fighting, Netanyahu Pushes Back
▼ + stars: | 2023-11-04 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

As U.S. Pushes for Temporary Halt to Fighting, Netanyahu Pushes BackAfter meeting with Secretary of State Antony Blinken Friday, Prime Minister Benjamin Netanyahu said Israel wouldn’t consider any temporary ceasefire without the return of the hostages held by Hamas. WSJ’s Vivian Salama reported from Israel. Photo: Amos Ben Gershom/Israeli Press Office

Persons: Netanyahu, Antony Blinken, Benjamin Netanyahu, Israel wouldn’t, WSJ’s Vivian Salama, Amos Ben Gershom Organizations: U.S, Press Locations: Israel

☆ Obesity Drug Demand Outstrips Supply
▼ + stars: | 2023-11-02 | by ( David Wainer | ) www.wsj.com time to read: 1 min

Diabetes drugs could become an effective way to treat behavioral issues and addiction. WSJ’s Daniela Hernandez breaks down the science on how they work and how they could change psychiatry forever. Photo illustration: Elizabeth SmelovEli Lilly ’s blockbuster diabetes medication Mounjaro is expected to receive Food and Drug Administration approval as an obesity treatment before the end of the year, which would lead to a surge in demand. Whether there will be enough of the drug is a different question. Both Lilly and its competitor, Denmark’s Novo Nordisk , which makes Ozempic and its sister drug Wegovy, are struggling to meet skyrocketing demand for their medications.

Persons: WSJ’s Daniela Hernandez, Elizabeth Smelov Eli Lilly ’, Mounjaro, Lilly Organizations: Drug Administration, Denmark’s, Denmark’s Novo Nordisk Locations: Denmark’s Novo

☆ Jury in Sam Bankman-Fried Trial Begins Deliberations
▼ + stars: | 2023-11-02 | by ( Corinne Ramey | James Fanelli | ) www.wsj.com time to read: 1 min

Earlier: FTX founder Sam Bankman-Fried is on trial for fraud and conspiracy charges after the collapse of his crypto empire last year. WSJ’s Alexander Osipovich breaks down what happened to FTX and what to look for as the trial unfolds. Photo illustration: Annie ZhaoJurors began deliberating Thursday afternoon on whether FTX founder Sam Bankman-Fried is guilty of fraud and other crimes that contributed to the collapse of the crypto exchange. “Now it’s your job to decide who you believe,” U.S. District Judge Lewis Kaplan told jurors before they started.

Persons: Sam Bankman, WSJ’s Alexander Osipovich, Annie Zhao, Fried, District Judge Lewis Kaplan Organizations: District Locations: U.S

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