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Federal Reserve Cuts Rates: Here’s What to Watch Now | WSJ
The Wall Street Journal· 2025-10-29 23:31
The Federal Reserve made its second consecutive interest rate cut of the year on Wednesday, which was widely expected. What wasn't expected was how the Fed chair Jal pushed back against the same expectations that the Fed would automatically cut interest rates again in December. >> A further reduction in the policy rate at the December meeting is not a foregone conclusion.Far from it. >> Some officials are worried about the labor market getting weaker. Others are more worried about high inflation.Normally th ...
Why the U.A.E. Is Building a $5B Casino in the Gambling-Free Gulf | WSJ Breaking Ground
The Wall Street Journal· 2025-10-29 14:01
- [Reporter] In a region of the world that's long forbidden gambling, a Las Vegas giant is going all in with the UAE's first-ever casino, part of a $5.1% billion resort. Even as tourism gets more competitive in the Middle East, analysts view the UAE's gambling pivot as a bold move. - We really don't do small.We really only look at gateway cities that can support very large-scale development. - [Reporter] The question is whether this gamble will pay off or if building a casino in a deeply conservative societ ...
Inside Gaza's 'Yellow Line' as U.S. Weighs Plan to Split Enclave
The Wall Street Journal· 2025-10-28 19:11
Geopolitical Landscape & Reconstruction Efforts - Israeli military is establishing a dividing line with cement blocks between areas controlled by Hamas and the Israeli military in Gaza [2] - US officials have considered reconstruction plans for Gaza to provide housing and jobs for Palestinians [3] - The details regarding civilian movement between the two areas and security vetting processes remain unclear [4] Financial & Investment Concerns - Major Gulf countries like Saudi Arabia, UAE, and Qatar are hesitant to invest in Gaza's reconstruction due to potential renewed conflict [5] - Reconstruction complications leave Palestinians facing difficult choices regarding their housing situation [5][6] Humanitarian Crisis - Many Palestinians have lost their homes and are uncertain about their future living arrangements [6] - Palestinians are facing the difficult decision of waiting for reconstruction or seeking temporary housing [5]
I Tried the First Humanoid Home Robot. It Got Weird. | WSJ
The Wall Street Journal· 2025-10-28 18:00
It's here. The first humanoid robot housekeeper. >> Thank you, Neo.>> For $20,000, you can pre-order 1X's Neo robot now with delivery in 2026. Think you missed a tiny spot over here. >> Just one little catch.There may be a human behind the curtain pulling the robot strings. If I throw up, will the robot throw up. >> Um, >> a company representative may need to peer into your house via Neo's camera eyes to get things done.to many people. This is crazy. >> You have to be okay with this for the product to be us ...
The Louvre Heist: The Impossible Task of Selling the Crown Jewels | WSJ
The Wall Street Journal· 2025-10-26 12:47
Answer me this. How would you go about selling these. These are the priceless royal jewels that were stolen from Paris's love in a recent audacious heist.>> This case was done by professional thieves. It's not like that. You wake up on Sunday morning thinking I become an a burglar and let's start with the Lou.>> The French culture minister said that these jewels have immeasurable value, but unfortunately immeasurable doesn't pay the bills. If they are going to sell this on the market, then the thieves will ...
‘I Want a Funeral:’ Israeli Families at the Center of the Fragile Cease-Fire | WSJ
The Wall Street Journal· 2025-10-24 18:53
Zo Khaimi lives just under two miles from the border with Gaza. >> I don't know if you see it. It's Rafa and it goes up to the city of Gaza.All of this trip on October 7th, 2023. Hamas gunman stormed his kabutz and killed his 41-year-old son Tall, taking his body to be held in Gaza. For 2 years, he's been waiting to bring his son home.one of the last few whose fate could decide whether the fragile ceasefire between Israel and Hamas can still hold. >> Yeah. You see, you see you see the dust over there.>> Thi ...
Why the U.S. Is Flying Bombers Near Venezuela | WSJ News
The Wall Street Journal· 2025-10-24 02:44
This is how close B1 bombers were to Venezuela on Thursday, flying near islands northeast of Caracus. That mission came just a week after B-52 bombers flew near the country in what the Pentagon called an attack demonstration. So, what do we know about the missions? For now, they appear to be a show of force, a sign to Venezuelan leader Nicholas Maduro that the US can and will show up on Venezuela's doorstep. But the planes also appear to be conducting surveillance since bombers are equipped with advanced se ...
The $190K ‘Flying Car’ That Doesn’t Require a Pilot’s License | WSJ Tech Behind
The Wall Street Journal· 2025-10-22 16:01
Pivotal's electric vehicle takeoff and landing aircraft or EV tall looks a little different from the rest of the market. It's tiny with just one seat and weighs less than some motorcycles. You don't even need a pilot's license to fly it.It was designed that way on purpose. We went down the ultralite path because frankly it was not as regulated. We could iterate quickly, go through design iterations, test build, test, build, test build.But that advantage comes with trade-offs limiting power, range, and comme ...
Who is Japan’s New Female Prime Minister? | WSJ
The Wall Street Journal· 2025-10-21 08:14
San Takichi has been confirmed as Japan's new prime minister. Uh this follows her election as leader of the ruling Liberal Democratic Party earlier in the month. It wasn't an easy road to get here.Uh the coalition partner Kato that the LDP has been in partnership with for 26 years left the coalition uh leaving her scrambling to find enough votes to be confirmed as prime minister. But she has managed to do that. It's a big thing for sure in Japan to have the first female prime minister where politics is very ...
Louvre Heist: How Thieves Stole ‘Priceless’ Jewels in Broad Daylight | WSJ
The Wall Street Journal· 2025-10-20 15:20
Security Breach - Louvre Museum experienced a robbery involving crown jewels, leading to evacuation [1] - Four individuals used motorcycles, a truck with a portable furniture elevator, and angle grinders to break into the museum [2] - The thieves were in and out of the gallery in under 7 minutes [3] - Museum officials had previously raised concerns about the building's weak security [6] Stolen Items - Stolen jewels include diadems, necklaces, earrings, and brooches, described as priceless by French authorities [4] - A crown belonging to Empress Euenei with nearly 1,400 diamonds was dropped and damaged during the escape [4] Historical Context - The Louvre has experienced previous thefts, including the 1911 Mona Lisa theft and the 1983 theft of Renaissance armor [4][5] - In 2010, Paris's modern art museum was targeted, resulting in the theft of over $120 million worth of artworks [5] Recovery Challenges - Experts warn that the stolen jewels are too famous to be sold and may be dismantled [6] - French authorities are in a race against time to recover the jewels [1]