WSJ News
Search documents
Economists Explain Why Trump’s Tariffs Haven’t Sparked Inflation Yet | WSJ News
WSJ News· 2025-06-12 02:44
Economists and businesses have warned for months that President Trump's steep tariffs would lead to higher prices. So far, the evidence doesn't suggest that's happening. Inflation remained tame in May, raising questions over when exactly higher prices will take hold.Across the board, this was a much cooler than expected inflation report for the month of May. It deepens the mystery over what's happening in the economy right now. We're at this point still not seeing a lot of tariff impacts.All the things we w ...
Harvey Weinstein Found Guilty of Sexual Assault in Second New York Trial | WSJ News
WSJ News· 2025-06-11 21:33
Mr. . Wy, what is your reaction to her testimony today. To those predators who still believe they can exploit, abuse, and walk away unscathed, your time is running out.The world is changing, and you will not outrun the consequences of your actions forever. To survivors of sexual assault, you matter. Your story matters. Your voice matters.And you're not alone. The real hero of this case is Mimi Haley because he was convicted not once but twice based on her testimony. For those of you in the press who have pr ...
Musk Says He Regrets Some Posts About Trump After Explosive Fallout
WSJ News· 2025-06-11 14:07
as a presentation from our country. Thank you. Take care.[Applause] I have to say that the numbers that we're talking about are substantial, but they're going to be very much more substantial. We're the only country that didn't celebrate. [Music] I'm very disappointed in Elon.I've helped Elon a lot. I don't know what it is. It's sort of Trump derangement syndrome, I guess they call it.Number one, it's a great product, as good as it gets. And number two, because this man has devoted his look, I wish him well ...
U.S. and China Agree to Get Trade Pact Back on Track | WSJ News
WSJ News· 2025-06-11 01:06
(door slamming) (camera shutter clicking) (onlookers faintly speaking) (car engine rumbling) - We have reached a framework to implement the Geneva consensus and the call between the two presidents, right. So that was on June 5th. So we've combined those two.We've reached a framework for implementation. So the idea is we are going to go back and speak to President Trump and make sure he approves it. They're gonna go back and speak to President Xi and make sure he approves it.And if that is approved, we will ...
Trump Says Los Angeles Would Be ‘Burning’ Without National Guard | WSJ News
WSJ News· 2025-06-10 22:35
Public Safety & Security Concerns - Deployment of thousands of National Guard troops and hundreds of Marines in Los Angeles to protect federal law enforcement [1] - Characterization of events in California as a "full blown assault on peace" and national sovereignty by rioters [2] - Allegations of rioters using bricks and cinder blocks, suggesting professional organization [3] - Commitment to prevent federal agents from being attacked and American cities from being "invaded" [4] Military & Historical References - Restoration of names to Fort Pickett, Fort Hood, Fort Gordon, Fort Rucker, Fort Polk, Fort AP Hill, and Fort Robert E Lee [5] - Emphasis on past victories associated with these forts and a reluctance to change due to superstition [5]
Pentagon Says Troop Deployment to Los Angeles Will Cost $134 Million | WSJ News
WSJ News· 2025-06-10 17:25
Deployment Costs & Funding - Estimated deployment cost for the Guard and Marines to LA is $134 million, primarily for TDY costs like travel, housing, and food [2] - Funding is sourced from O&M (Operations and Maintenance) accounts [2] - There is a denial that funding is being reallocated from housing and barracks to cover deployment costs [1] Justification for Military Deployment - The deployment is justified by the need to protect federal ICE agents who are being attacked while deporting illegal criminals [3][4] - The President believes in law and order and has the authority to mobilize the National Guard or active duty troops to protect federal agents [4] - The legal basis cited is 10 USC 12406, with arguments suggesting the situation involves invasion, rebellion, or the inability of the state governor to execute US laws [5][6] Federal vs State Authority - The President believes the Governor of California and the Mayor of Los Angeles have failed to protect their people [7] - The President is willing to act on behalf of the citizens of Los Angeles and ICE agents [8] - There is a contention that orders should be issued through the governors of the states, but the President possesses the necessary authority [8]
Watch: Los Angeles Protestors Target Waymo Driverless Cars | WSJ News
WSJ News· 2025-06-09 22:19
Protestors in Los Angeles set fire to several driverless Waymo vehicles during the ongoing unrest. Photo: Eric Thayer/AP #wsj #thewallstreetjournal #protests #waymo #losangeles ...
California to Sue Trump as Tensions Escalate in L.A. | WSJ News
WSJ News· 2025-06-09 20:23
Get back. Get back. Gavin Newsome is he's daring Tom Homie to come and arrest him.Should he do it. I wish if I was I think it's great. David likes the publicity, but I think it would be a great thing.He's done a terrible job. Free David. [Applause] Oh no.Stop. [Music] [Music] If you dial back time and go to Friday, if immigration raids had not happened here, we would not have the disorder that went on last night. I will tell you that it is peaceful now, but we do not know where and when the next raids will ...
Mark Carney Says Canada Will Reach NATO Spending Target This Fiscal Year | WSJ News
WSJ News· 2025-06-09 18:35
Defense Spending & Investment - Canada will meet NATO's 2% of GDP target this year, ahead of schedule [1] - Increased investment in armed forces to meet new security imperatives [1] - Prioritizing made in Canada manufacturing and supply chains for defense investments [2] - Redirecting defense capital spending away from the US [3] - Investing in new submarines, aircraft, ships, armed vehicles, artillery, radar, drones, and sensors [3] Strategic Priorities - Strengthening Canada's defense capabilities across land, sea, air, and cyberspace [2] - Protecting Canadian interests and allies [2] - Ensuring Canada is protected from coast to coast to coast [4] - Creating higher paying jobs across the land [4] Geopolitical Positioning - Canada aims to lead with its values, resources, and economy within the G7 [4]
Colombian Presidential Hopeful Shot in Assassination Attempt
WSJ News· 2025-06-09 16:00
Miguel Uribe, a presidential hopeful and conservative senator in Colombia, was shot in the head by a teenage gunman, sparking fears of a return to an era of political violence. ...