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LATEST HEADLINES

Rangel Charged With Violating House Rules
House ethics investigators have accused the once-powerful New York Democrat of breaking congressional rules for a series of alleged violations.

Senate Shelves Efforts to Pass Carbon Cap
The Senate is shelving efforts to pass legislation that would limit emissions of heat-trapping gases linked to climate change, dealing a major blow to one of Obama's top priorities.
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Profit Patch? Cutting Reserves
First Horizon National and other banks, citing improving credit conditions, are returning to profitability by reducing their reserves for loan losses.

What’s News —

Business & Finance

U.S. to Let Tax Cuts
For Wealthy Expire
Treasury Secretary Timothy Geithner said the Obama administration will allow tax cuts for the wealthiest Americans to expire despite calls from a small group of Democrats to delay tax increases.
- Vote: Should tax cuts be extended for all?
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House Passes Jobless Extension
The House voted to approve an extension of jobless benefits through November, and President Obama is expected to sign the bill into law soon.
Pay Czar To Bash Payments
A White House-appointed pay overseer will cite 17 financial firms for making more than $1 billion in "ill-advised" compensation payments during the height of the financial crisis.
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Windows 7 Boosts Microsoft
Microsoft's profit climbed 48% as the software giant benefited from a strong response to the Windows 7 operating system.
- Microsoft's Leadership, Strategy Evolve
Maker of Bratz Doll Wins Appeal
MGA Entertainment notched a significant legal victory Thursday winning back the rights to its popular Bratz doll line from Mattel, but the long-running doll war case will likely be retried.
Suit Challenges Huawei's Success
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Goldman Pact's Timing Probed
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Dell Will Pay to Settle SEC Claims
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Ford to Return to Profitability
Amazon Profit Disappoints
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Bernanke Faces Lawmakers Again
Earnings Power DJIA Rebound

Arts & Entertainment

'Salt': Fun, if Not Quite a Meal
Angelina Jolie shows more muscle tone than heart, while the nuclear documentary "Countdown to Zero" is a scary number, writes John Anderson.
Shakespeare Festivals Turn to Shaw
Still Mad About the Men

World & U.S.

Plane Makers Struggle to Set Ash Standards
Three months after volcanic ash temporarily closed nearly 80% of European airspace, aircraft and engine makers don't appear any closer to agreement on new standards spelling out when it is safe to fly through such plumes.
Obama Calls Sherrod to Express Regret
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Court Rules Kosovo Independence Legal
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Hezbollah Expects Hariri Indictments
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Freed Russian Hopes to Return Home
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Venezuela Cuts Ties With Colombia
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Iraq 'Green Zone' Attack Kills 3

Real Estate

The Joy of Emptiness
Everything has its place (and is often out of sight) at New York architect Deborah Berke's duplex.
- Photos: An Architect's Minimalist Duplex
Court Appointments
Chesapeake CEO Sets Ranch Auction

NEW ON WSJ.COM
Introducing Greater New York

New York Metro blogging, news, sports, weather, real estate, culture, and more. 24/7.
Read it now »

A WSJ.COM HOW-TO GUIDE
Personal Finance Tips and Tricks

Straightforward answers to commonly asked questions about investing, retirement, and more.
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Tech

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AT&T; Earnings Rise 26%
AT&T; reported a 26% increase in second-quarter earnings amid an investment gain, lower costs and fewer customer defections.
Smartphone Woes Hurt Nokia Results
Apple Looks to Small Businesses

Personal Finance

Congress Overhauls Your Portfolio
Overlooked amid the thousands of pages that comprise the Dodd-Frank bill are major changes affecting mutual funds, retirement plans, single-stock investments and other holdings.
SEC Moves to Limit Fund-Marketing Fees
Survey Reveals Investor Paradox

Life & Style

How Green Is My Sneaker?
A group of roughly 100 well-known apparel brands and retailers have developed a software tool to help them measure the environmental impact of their apparel and footwear, from raw material to garbage dump.
Summer Wines
How Two Galaxy Phones Stack Up

Sports

Contador Looks Set to Repeat as Tour Champ
Schleck fails to gain enough ground on Contador during a photo finish on the storied Tourmalet peak.
Agents, Parties and SEC Football
Sumo Fans Shrug Off a Scandal

World

Petraeus Sharpens Afghan Strategy
Gen. Petraeus plans to ramp up the military's troop-intensive strategy in Afghanistan, which has focused too much attention on hunting down Taliban leaders.
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German Prosecutors Drop Investigation of Bishop
India Seeks Sponsors for Games

Opinion

Fred Barnes: The Vast Left-Wing Media Conspiracy
Everyone knew most of the press corps was hoping for Obama in 2008. Newly released emails show that hundreds of them were actively working to promote him.
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Henninger: The Liberal Dilemma
Rove: Friendly Fire on the Hill

New York

Mosque Plan for Staten Island Suffers Setback
The trustees of Saint Margaret Mary parish on Staten Island have voted against the controversial sale of a convent to the Muslim American Society.
Bloomberg: Paladino's Opinion on Ground Zero Mosque Doesn't Matter
Crane Contractor Acquitted in Fatal Collapse

U.S.

Consumer Agency Battle Looms
The fight over who will head the new Bureau of Consumer Financial Protection heated up this week as liberal groups insisted the White House give the job to Elizabeth Warren of Harvard Law School.
Bid to Toss Blagojevich Charges Rejected
Bush Tax Cuts Split Democrats

Business

Gene Curtails Alzheimer's in Mice
Scientists have found a way to dramatically reduce the erosion of memory and learning ability in mice with a version of Alzheimer's disease, potentially offering a new approach for tackling the illness in humans.
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Banks' Loan Books Show Broad Credit Rebound
Anschutz Loses Tax Court Decision

Markets

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Commodities Fall as China Cools Growth
A moderate slowdown in China's economic growth is reverberating through global markets because of the country's outsize role as a buyer of metals, minerals and other commodities.
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Crude Rises on Storm Worries
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Euro Rallies as Data Spur Move to Riskier Assets

Careers

Five Mistakes Online Job Hunters Make
Maintaining an online presence is critical in a tight job market. Done right, it can be an important tool in getting hired. Done wrong, it can easily knock you out of the running for most positions.
Improving the Odds For Changing Jobs
New Roles for Lawyers

Real Estate

Mortgage Rates Fall to 4.59%, Enough To Move Demand
Record low mortgage rates spurred an uptick in new-purchase mortgage applications last week for just the second time in the past two months, while more Americans also applied to refinance, according to the Mortgage Bankers Association.
Awful Real-Estate Listing Photos: How Not to Take Them
Zandi on Housing: 'Stop Subsidizing Housing Industry with Tax Deductions'

Small Business

Collateral Damage in Lending
Many small businesses seeking loans are being asked for alternative collateral, often in the form of cash, because property and equipment has fallen in value.
Lights Out Means Lost Sales
Résumé Overload? A Shortcut to Spot Best Hires

Editors' Picks

Offers

Market Data Center

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Current price, up from close
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Capital Journal

Looking for Ripples in Iran
Strictures imposed by a United Nations Security Council resolution six weeks ago appear to be taking a toll, but their ultimate impact is by no means certain.
A Day of Jitters
Ahead of the release of the results of European bank stress tests, the atmosphere in continental financial centres could not have been, well, more stressful.
Tips from New York's Safest Cabbies
New York City's safest cabbies, honored in Queens Thursday, shared advice for passengers seeking a smooth ride.
'Aftershock' Opens Imax Market to Chinese Films
The first Chinese film to play on Imax screens opens today in China, marking the latest move by Hollywood to seek a role in one of the world's fastest-growing movie markets.
Pictures of the Day: July 22
In today's photos, five people are killed in a fire in Staten Island, police officers destroy video games, sheep get in the way of cyclists, and more.