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Beneath Gaza, a labyrinth of tunnels used by Hamas will complicate any potential Israeli ground offensive in the Palestinian enclave. WSJ’s Rory Jones—who visited the tunnels in 2014—explains the unique challenge they pose for Israel. Photo: Yousef Mohammed/Zuma PressTEL AVIV—In the weeks leading up to Hamas’s Oct. 7 attack on Israel, hundreds of the Palestinian Islamist militant group’s fighters received specialized combat training in Iran, according to people familiar with intelligence related to the assault. Roughly 500 militants from Hamas and an allied group, Palestinian Islamic Jihad, participated in the exercises in September, which were led by officers of the Quds Force, the foreign-operations arm of Iran’s Islamic Revolutionary Guard Corps, the people said.

Persons: Rory Jones —, —, Yousef Mohammed Organizations: Zuma Press TEL, Quds Force, Islamic Revolutionary Guard Corps Locations: Gaza, Israel, Zuma Press TEL AVIV, Iran, Jihad

☆ Sam Bankman-Fried to Take the Stand in Fraud Trial
▼ + stars: | 2023-10-25 | by ( James Fanelli | Corinne Ramey | ) www.wsj.com time to read: 1 min

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 ZhaoFTX founder Sam Bankman-Fried will testify at his criminal trial, his defense team said Wednesday, in what many legal observers see as a Hail Mary attempt to persuade jurors that he never intended to defraud the crypto exchange’s customers out of billions of dollars. Bankman-Fried will likely testify over Thursday and Friday, Cohen said. Federal prosecutors said they would rest their case Thursday morning.

Persons: Sam Bankman, WSJ’s Alexander Osipovich, Annie Zhao FTX, Fried, Mary, Mark Cohen, Cohen Organizations: New Locations: New York

☆ Meta Reports Record Sales as Ad Rebound Continues
▼ + stars: | 2023-10-25 | by ( Salvador Rodriguez | ) www.wsj.com time to read: 1 min

At WSJ’s Tech Live conference, Meta Platforms Chief Product Officer Chris Cox explains how deepfakes influenced the development of Meta’s AI assistant products. Photo: Nikki Ritcher for The Wall Street JournalFacebook parent Meta Platforms reported its largest quarterly revenue since going public more than a decade ago as demand for advertising picked up and the company continued to reap the benefits of cutting costs and developing new AI technology. Meta’s sales increased to $34.1 billion, up more than 23% compared with a year ago. That represents Meta’s third quarter in a row of rising revenue after the company saw its business shrink for most of 2022. The 23% increase is Meta’s largest year-to-year growth in revenue since the third quarter of 2021.

Persons: Chris Cox, deepfakes, Nikki Ritcher Organizations: WSJ’s Tech, Meta, Wall Street

☆ How the Highest Bond Yields in 16 Years Could Chill the Hot U.S. Economy
▼ + stars: | 2023-10-24 | by ( Amara Omeokwe | Andrew Duehren | ) www.wsj.com time to read: 1 min

Inflation has picked up in recent months, with prices rising on everything from gas to food and insurance. WSJ’s Dion Rabouin explains how the latest U.S. retail sales report will provide the Federal Reserve the most important data point yet on the state of U.S. consumers. Photo: Jamie Kelter Davis/Bloomberg NewsAdd surging interest rates to the list of threats staring down the U.S. economy. The yield on the U.S. 10-year Treasury note touched 5% on Monday for the first time in 16 years, after climbing rapidly in recent weeks. That is among many borrowing costs—including for other long-term government debt, mortgages, credit cards, auto purchases and business loans—that could slow the surprisingly resilient economy.

Persons: WSJ’s Dion Rabouin, Jamie Kelter Davis Organizations: Federal Reserve, Bloomberg Locations: U.S

☆ SpaceX Signs Deal to Launch Key European Satellites
▼ + stars: | 2023-10-23 | by ( Matthew Dalton | Micah Maidenberg | ) www.wsj.com time to read: +1 min

The rise of SpaceX as the dominant force for U.S. rocket launches has meant that NASA’s role is now evolving. To find out what this means for the future of the space agency, WSJ’s George Downs sat down with NASA Deputy Administrator Pam Melroy. Photo Illustration: George DownsPARIS—SpaceX has signed a deal to launch up to four of Europe’s flagship navigation satellites into orbit, reinforcing the Elon Musk-led company’s growing foothold in the region as local rivals struggle to get rockets off the ground. SpaceX and the European Space Agency recently signed an agreement for two launches next year, each carrying two Galileo satellites, said Javier Benedicto, the agency’s director of navigation. The European Commission, the European Union’s executive arm, along with EU member states, must still give final approval for the deal.

Persons: George Downs, Pam Melroy, George, Javier Benedicto Organizations: SpaceX, U.S ., George Downs, Elon, European Space Agency, European Commission Locations: U.S

☆ Big Banks Are Making Huge Profits Off Today’s Savings Rates—Are You?
▼ + stars: | 2023-10-23 | by ( Mallika Mitra | ) www.wsj.com time to read: +6 min

That’s because many big banks have been playing a ‘do as I say, not as I do’ game with customers. Many large bricks-and-mortar banks pay even less—Wells Fargo, for example, pays 0.15% on its standard savings account while JP Morgan Chase pays 0.01%. Evergreen Bank—a locally-owned bank serving the Chicago suburbs—is currently offering a 5.25% APY on savings accounts, one of the best savings account rates for October. Compare that to what big banks offer and you can see the appeal of looking for alternatives to the big banks. For some of the current best interest rate deals, check out our list of the best savings accounts and CD rates.

Persons: Mallika Mitra, they’ve, ”, Mayra Rodriguez Valladares, Morgan Chase, Adam Stockton, you’ve, Susan Mitcheltree, ” Mitcheltree, Andrew Herzog, Herzog, Banks Organizations: Federal Reserve, JPMorgan Chase, MRV Associates, Wells Fargo, Evergreen Bank, Valley Bank, Signature Bank, First Locations: U.S, Wells Fargo, New York, Stockton, “, Baltimore, Plano , Texas, Chicago, —

☆ Argentina’s Ruling Party Candidate Takes Most Votes in Presidential Election
▼ + stars: | 2023-10-22 | by ( Ryan Dubé | Silvina Frydlewsky | ) www.wsj.com time to read: 1 min

Brazil’s and Argentina’s leaders have revived the idea of a common currency in a bid to boost trade and reduce the region’s reliance on the U.S. dollar. WSJ’s Samantha Pearson explains why it is unlikely to be implemented anytime soon. Photo: Eve HartleyBUENOS AIRES— Sergio Massa , the ruling party’s candidate for president, came out on top in the first round of a presidential election Sunday, beating out a libertarian economist, Javier Milei , who had promised to lay waste to Argentina’s political establishment. With 92% of the votes counted, Massa took 36.3% of the votes, defying polls that had predicted Milei would be the victor.

Persons: Samantha Pearson, Eve Hartley BUENOS, Sergio Massa, Javier Milei, Massa Organizations: U.S .

☆ The Murky Science Behind ‘Fatigue-Fighting’ Adrenal Cocktails
▼ + stars: | 2023-10-20 | by ( Daniela Hernandez | ) www.wsj.com time to read: 1 min

Why Grass Is a Culprit in Some of the World’s Worst Wildfires The spread of invasive grasses in places like Hawaii and the Western U.S. is contributing to more frequent wildfires. WSJ’s Daniela Hernandez explains why and explores what's being done to curb their spread. Photo illustration: David Fang

Persons: Daniela Hernandez, David Fang Locations: Hawaii, Western U.S

☆ Hong Kong’s Financial-Sector Feast Turns to Famine
▼ + stars: | 2023-10-20 | by ( Jacky Wong | ) www.wsj.com time to read: 1 min

China’s slowing economy could soon become a major talking point for U.S. companies as they begin to report third-quarter earnings. WSJ’s Dion Rabouin explains. Illustration: Elizabeth SmelovHong Kong’s lackluster stock market epitomizes the challenges that the city is grappling with—China’s economic slowdown, which looks increasingly structural, and Beijing’s tightened grip on the semiautonomous city. Neither issue looks likely to disappear soon, although China’s economy could improve a bit cyclically next year. Weak third-quarter results released Friday by Hong Kong Exchanges and Clearing —the market’s owner and operator—are the latest sign of how entrenched the city’s problems have become.

Persons: WSJ’s Dion Rabouin, Elizabeth Smelov Hong Organizations: Hong Kong Exchanges Locations: semiautonomous

☆ Ozempic Boom Is an Opportunity for Health Insurers
▼ + stars: | 2023-10-20 | by ( David Wainer | ) www.wsj.com time to read: 1 min

WSJ’s Daniela Hernandez breaks down the science of how diabetes drugs work—and how they could change psychiatry. Photo illustration: Elizabeth SmelovYou would think a new class of high-price weight loss drugs taken by millions of Americans would be a problem for health insurers. But it is more complicated than that: Some insurance giants actually stand to profit from the Ozempic craze. The industry has been calling out the costs of GLP-1 drugs, which are used for both diabetes and obesity. But federally supported Medicare and Medicaid still don’t cover the drugs for obesity, and much of the commercial market is self-insured.

Persons: WSJ’s Daniela Hernandez, Elizabeth Smelov, Aetna

☆ Fact Check: WSJ did not say US-made bomb caused Gaza hospital blast
▼ + stars: | 2023-10-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

Claims by social media users that The Wall Street Journal (WSJ) said a U.S.-made bomb was dropped on Al-Ahli al-Arabi Hospital in Gaza are false, a WSJ spokesperson told Reuters. The Oct. 17 blast killed hundreds of people, according to Palestinian authorities. One post on messaging platform X, formerly Twitter, said: “American Wall Street Journal: ‘The bomb that was dropped on Baptist Hospital was an American-made MK-84’.” The post has been viewed more than 594,000 times. WSJ did not report that a U.S. MK-84 bomb was dropped on the Al-Ahli-al-Arabi hospital. This article was produced by the Reuters Fact Check team.

Persons: Read Organizations: Street, Al, Arabi, Reuters, Wall Street, Baptist Hospital, “, U.S, Thomson Locations: U.S, Ahli, Gaza, American, al

☆ Tesla’s Price Cuts to Weigh on Third-Quarter Earnings
▼ + stars: | 2023-10-18 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Giant touch screens. 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 JournalChief Executive Elon Musk is under pressure to show investors that he can keep Tesla ’s profit machine humming, after a disappointing third quarter in which its sales momentum slowed despite steep price cuts. The electric-car pioneer is set to report financial results for the July-to-September period after the markets close Wednesday.

Persons: Joanna Stern, Annie Zhao, Elon Musk, Tesla Organizations: Street

☆ Tesla’s Earnings Fall as Price Cuts Weigh on Profits
▼ + stars: | 2023-10-18 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Giant touch screens. 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 JournalTesla ’s profit tumbled 44% in the third quarter as the impact of steep price cuts across the company’s lineup continued to take a toll on the electric-car maker’s bottom line. Revenue was up 9% to $23.4 billion, lifted by higher vehicle deliveries compared to the same year-ago quarter.

Persons: Joanna Stern, Annie Zhao, Tesla Organizations: Revenue

☆ How Goldman Sachs Fumbled Its Consumer Business
▼ + stars: | 2023-10-16 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

While Missiles Fly, Flights Land: How Israel’s Airport Stays Open Despite being so close to a war zone, Israel's Ben Gurion Airport remains open. WSJ’s George Downs speaks with experts about the risks and explores the tactics Israel is deploying to continue to allow planes to take off and land in the country. Photo Composite: George Downs/ The Wall Street Journal

Persons: Israel's Ben, George Downs Organizations: Street Locations: Israel's Ben Gurion, Israel

☆ Heather Haddon — Reporter at The Wall Street Journal
▼ + stars: | 2023-10-16 | by ( Heather Haddon | ) www.wsj.com time to read: 1 min

Heather HaddonHeather Haddon covers restaurants from The Wall Street Journal's Chicago bureau, where she has broken news on companies such as Starbucks and McDonald’s. She frequently discusses her reporting on national television and radio outlets. Heather previously covered supermarkets for the Journal, reporting on chains like Whole Foods Market and analyzing the rise of food delivery. She started at WSJ’s New York office, where she covered New Jersey politics and helped reveal the “Bridgegate” political scandal. Prior to the Journal, Heather was a news reporter at the New York Post, amNewYork and the Herald News division of the Bergen Record.

Persons: Heather Haddon Heather Haddon, Heather Organizations: Foods, WSJ’s, Republican, New York, amNewYork, Herald News, Bergen Locations: Chicago, York, New Jersey

☆ Watch: While Missiles Fly, Flights Land: How Israeli Airport Stays Open
▼ + stars: | 2023-10-14 | by ( ) www.wsj.com time to read: 1 min

Despite being close to a war zone, Israel's Ben Gurion Airport remains open. WSJ’s George Downs speaks with experts about the risks and explores the tactics Israel is using to continue to allow planes to take off and land in the country. Photo composite: George Downs/The Wall Street Journal

Persons: Israel's Ben, George Downs Organizations: Street Locations: Israel's Ben Gurion, Israel

☆ What a Huge Widening of the U.S. Deficit Means for Markets
▼ + stars: | 2023-10-13 | by ( Dion Rabouin | ) www.wsj.com time to read: 1 min

Why the Dollar's Comeback Could Be Bad News for the Stock Market 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 Friedman

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

☆ Explosive claims about the Israel-Hamas war are going viral. But the truth is not always so simple
▼ + stars: | 2023-10-13 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

CNN —The public is enveloped in the fog of war. As the world’s eyes remain fixated on the escalating conflict between Israel and Hamas, viewers are being overwhelmed with dubious claims saturating the global discourse. Adding to the challenge of swimming through the heavily polluted information ocean is the reality that some questionable claims circulating have also been given credence by authoritative sources. Those challenges are especially pronounced when operating in an environment teeming with high emotion and chaos brought by bombings and gunfire. While social media platforms have slashed moderation and misinformation efforts, news organizations are facing ever greater challenges of reporting on the war in real-time.

Persons: Benjamin Netanyahu’s, Joe Biden, hasn’t Organizations: CNN, Israeli Defense Forces, White, Street Journal, Government Locations: Israel, Iran, United States

☆ Why It Finally Pays to Keep Your Savings in Cash Again
▼ + stars: | 2023-10-12 | by ( Steve Garmhausen | ) www.wsj.com time to read: +5 min

By Steve GarmhausenGood news for savers: interest rates on high-yield savings accounts and CDs are beating inflation. Savings accounts and CDs, even the best of them, paid interest rates below the rate of inflation. If inflation is, say, 5% and your savings account pays 1%, $1,000 in cash will be worth just $960 in a year. The average savings account interest rate is just .42% and the typical one-year CD pays 1.72%. “The difference between an online savings account and the average brick and mortar account is huge right now,” says Tumin.

Persons: Steve Garmhausen, ”, Ken Tumin, they’ve Organizations: Federal, Fed, Capital, City Credit Union, Bond Fund, ETF

☆ Israel Prepares for Gaza Invasion as Hamas Threatens Hostage Executions
▼ + stars: | 2023-10-11 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Sam Bankman-Fried, Crypto’s Former Golden Boy, Goes on Trial 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 Zhao

Persons: Sam Bankman, Crypto’s, WSJ’s Alexander Osipovich, Annie Zhao Organizations: Golden

☆ How to Invest in Mutual Funds
▼ + stars: | 2023-10-11 | by ( Mallika Mitra | ) www.wsj.com time to read: +20 min

Mutual funds are relatively cheap and simple to invest in, thanks to the many trading apps and online brokerages available nowadays. To get started, read on for our 10-step guide on how to invest in mutual funds. Once you open an account, you can invest in a wide range of securities, like stocks, bonds and mutual funds. Buy mutual fund sharesNow that you’ve solidified your strategy and done your research, you are almost ready to buy mutual funds. How to buy mutual fund sharesSome mutual funds require an investment minimum, often between $500 and $3,000, but not all do.

Persons: Mallika Mitra, Tricia Rosen, ”, Rosen, “, Ameritrade, Roth, Roth IRAs, Uncle Sam, you’ve, Randy Bruns, it’s, Morningstar, Russell, hasn’t, Amy Arnott, John Bogle, Morningstar’s Arnott, pitfall Arnott, You’ll, you’ll, Don’t, Sam, haven’t Organizations: Mutual, Fidelity, Vanguard, Morningstar, SEC, Apple, Fidelity Investments Fidelity, Target, Walmart, Funds, Capital Group, Capital Group’s, The Securities, Exchange Commission, Social, Consumer, Morgan, Capital Locations: Andover, Mass, Naperville , Illinois, U.S

☆ How America’s EV Ambitions Could Affect the Future of the UAW
▼ + stars: | 2023-10-10 | by ( George Downs | ) www.wsj.com time to read: 1 min

Why Cities Like New York Are Adopting Congestion Tolls New Yorkers lose an average of 117 hours a year in traffic according to the MTA. Now, New York City is turning to congestion tolls to help unclog its roads. WSJ’s George Downs explores if these tolls actually reduce traffic and whether other U.S. cities will adopt them. Illustration: George Downs/The Wall Street Journal

Persons: George Downs Organizations: MTA, Street Locations: New, , New York City

☆ How Many Credit Cards Should I Have?
▼ + stars: | 2023-10-10 | by ( Gerri Detweiler | ) www.wsj.com time to read: +17 min

Use this guide to identify what kind of credit card user you are—and how many credit cards you should have. A secured credit card can be a smart option if you don’t have a very good credit score. Most small business credit cards require a good personal credit score and sufficient income from all sources, not just the business. However, many business credit cards don’t appear on consumer credit reports, which means they don’t impact your credit scores as long as you pay on time. Similar to choosing a personal credit card, pick your business credit cards based on your spending habits.

Persons: I’ve, you’ll, you’re, ”, Jeff Richardson, FICO, You’ll, You’re, airfare, — Organizations: VantageScore Solutions, Wells, U.S, Walmart, Amazon.com, Foods, Chase Travel, Amazon Prime, Visa, Amazon, Capital, Hertz, American Express, Card, Chase Locations: U.S, superstores

☆ How the Hamas Attack on Israel Unfolded
▼ + stars: | 2023-10-07 | by ( ) www.wsj.com time to read: 1 min

Apple’s New Headset Relies on Eye-Tracking Tech. Here’s How it Works. The eye-tracking tech in Apple’s Vision Pro headset has impressed reviewers. But the technology itself has been around in some form for years. WSJ’s Dalvin Brown met with Swedish company Tobii, one of the leaders in the space, to learn how it works.

Persons: WSJ’s Dalvin Brown, Rami Abukalam

☆ Capture of Civilians, Soldiers After Hamas Attack on Israel
▼ + stars: | 2023-10-07 | by ( ) www.wsj.com time to read: 1 min

Persons: WSJ’s Dalvin Brown, Rami Abukalam

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