Investors sold government bonds and richly valued technology stocks a day after the Dow Jones Industrial Average closed above 33000 for the first time, following the Federal Reserve’s pledge to maintain easy-money policies.1
Worker filings for jobless benefits rose last week, pausing a downward trend amid other signs of recent labor-market improvement.
The extreme weather in Texas and backlogs at California ports have compounded problems during the pandemic by slowing production and supplies for a range of businesses.13
The U.S.’s brighter economic prospects have driven an unexpected dollar rally this year, but some investors are concerned about sharply higher inflation reversing the dollar’s fortunes.22
The company’s messaging shows how a decision to lift the state’s face-covering mandate put some businesses in a bind.119
Google will spend $7 billion this year expanding its footprint of offices and data centers across the U.S., positioning the search-engine giant for what it said it expects to be a post-pandemic recovery in the U.S.
A team of scientists hoped a mission to the city where the first coronavirus cases were identified would provide some clarity about its origins. A Wall Street Journal investigation has uncovered new details about the team’s formation and constraints that reveal how little power it had to conduct a thorough probe.370
Business & Finance
Credit Suisse recruited a former UBS executive to be its new head of asset management and said it would make it a separate division, as it seeks to recoup money for investors in its troubled supply-chain finance funds.
WSJ News Exclusive
Federal regulators have withheld the plane maker’s authority to inspect and sign off on several new jets as Boeing faces heightened scrutiny of production problems that have led to delays.
Investors are piling into a long-neglected sector: old-school car makers that are reinventing themselves as electric-vehicle producers.1
WSJ News Exclusive
The investment in Fireblocks comes as part of a larger funding round that the startup is set to announce Thursday.
WSJ News Exclusive
II-VI has submitted a new takeover offer for Coherent valued at roughly $7 billion, as a frenzied bidding war for the laser maker nears a climax.
U.S.
The Internal Revenue Service delayed the main April 15 tax-filing and payment deadlines for individuals until May 17, giving taxpayers and preparers a bit of breathing room in an unusually complicated tax season.
A Texan man was charged with weapons offenses after being detained near premises that Vice President Kamala Harris and her family don’t yet inhabit.
The funding, from the recently enacted stimulus bill, is part of efforts to encourage schools to reopen.
World
WSJ News Exclusive
For the first high-level session with Biden’s team, Beijing will ask the U.S. to reverse limits on American sales to Chinese firms, visa restrictions and other measures, according to people familiar with China’s plans.230
Michael Kovrig and Michael Spavor will be tried separately on espionage charges in cases seen as payback for the U.S.-China clash over telecom-equipment giant Huawei Technologies.
The creative director of the opening and closing ceremonies for the Tokyo Olympics confirmed that he had floated the idea of putting a female celebrity in a pig costume during the opening ceremony.
Pyongyang’s first vice minister of foreign affairs, Choe Son Hui, said Washington’s overtures are an effort to stall and drum up public support.2
Life & Arts
After Beeple’s $69 million sale, Christie’s remakes its sale categories, Sotheby’s is offering digital artworks and accepting Bitcoin and galleries are setting up task forces to study up on crypto-millionaires.4
The CDC still warns against travel, even for fully vaccinated people. We asked three epidemiologists when it will be safe to travel again.103
Essay
Most Americans think their pay is related to how well they perform at work. But in many fields, quantifying success is nearly impossible.
Five of the region's midsize schools are among the top 25 colleges nationwide in the WSJ/THE College Rankings.29
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