Changes in the housing market are often delayed in inflation data, which can make things difficult for the Fed. Housing is one of the most weighted categories when tracking inflation, but it’s also one of the most complicated to measure. WSJ’s David Harrison explains how the shelter index is calculated, and why it can muddy the inflation outlook for the Fed. Illustration: Laura Kammermann
Tag Archives: The Wall Street Journal
Front Page: Wall Street Journal – October 15, 2022
Xi Jinping’s Endgame: A China Prepared for Conflict With the U.S.
Over the past 10 years, Xi Jinping has unleashed an array of military, economic and political campaigns to brace the country for what he sees as the increasingly likely prospect of confrontation with the West.
Russia Urges Evacuation of Occupied Kherson
Russian-installed officials in Ukraine’s south amplified calls for residents to leave as Kyiv’s forces step up their campaign to retake the region and Russia builds fortifications.
OPINION
The Pentagon’s Recruiting Woes
By The Editorial Board | Review & Outlook
The Man Who Said Ukraine Would Win
By Tunku Varadarajan | The Weekend Interview
A More Diverse America Turns Against Racial Preferences
By John Ellis | Commentary
What the Jan. 6 Hearings Accomplished
By The Editorial Board | Review & Outlook
Reviews: The Top Fiction Books To Read (Fall 2022)
Act of Oblivion
By Robert Harris | Harper
The Indemnity and Oblivion Act of 1660 singled out a small number of regicides for grisly punishment. Robert Harris’s novel imagines the manhunt through colonial New England for two participants in the decision to execute Charles I roughly a decade before.
The Backstreets: A Novel From Xinjiang
By Perhat Tursun | Columbia
“I don’t know anyone in this strange city, so it’s impossible for me to be friends or enemies with anyone.” The Kafkaesque story of a nameless Uyghur man in a Chinese metropolis renders the real-world crisis of an entire culture into a haunting parable of power and powerlessness, and the use of loneliness as a tool of oppression.
The Betrothed
By Alessandro Manzoni | Modern Library
The sweeping tale, now little remembered in America, of a pair of 17th-century Italian lovers, separated by the designs of a cruel aristocrat. Michael E. Moore offers the first English translation in more than 50 years of Alessandro Manzoni’s masterpiece, a work of foundational Italian literature on par with the Divine Comedy and the Decameron.
Less Is Lost
By Andrew Sean Greer | Little, Brown
The “innocent abroad” at the heart of Andrew Sean Greer’s “Less” (2017) endured adventures both comic and heartwarming. The novel garnered the 2018 Pulitzer Prize. Now its good-natured writer-hero returns for another road trip in a rollicking sequel.
Lessons
By Ian McEwan | Knopf
In novels like “Sweet Tooth” and “Atonement,” Ian McEwan has taught readers to be on their guard, ready for a twist or revelation that might put all that’s come before in doubt. In “Lessons,” Mr. McEwan has created something to confound such expectations, in the portrait of a lost, likable protagonist whose “shapeless existence” is at the center of an unpredictable, very human journey through his own traumas, failures and hopes.
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The Marriage Portrait
By Maggie O’Farrell | Knopf
At the tender age of 15, Lucrezia, the daughter of the Florentine ruler Cosimo de’ Medici, is wed in a marriage of diplomatic alliance to another powerful nobleman. She would survive less than a year—a timeframe brought into thrilling focus in an intense and vivid portrait from the author of “Hamnet.”
My Phantoms
By Gwendoline Riley | NYRB Classics
The gaps in understanding between two people can be an occasion for frustration—or a confrontation with the central enigma of consciousness. In the spare but powerful fiction of the English novelist Gwendoline Riley, the tangled streets of a city or the banalities of a conversation can stand in for the uncertain terrain of the mysterious and elusive self.
Natural History: Stories
By Andrea Barrett | Norton
In a unique set of linked stories, many of which take place in a small lakeside town in New York, the writer Andrea Barrett offers the interconnected histories of a set of characters deeply involved both with one another and the fragile, beautiful world around them. Here, the ecology of the heart and the wonders of nature flourish side by side.
Nights of Plague
By Orhan Pamuk | Knopf
The new novel from the Nobel Prize-winning author of “Snow” and “My Name Is Red” stages a turn-of-the-20th-century tale of intrigue on a Mediterranean island ruled by the Ottoman Empire. An outbreak of the Black Plague and the quarantines that follow set the stage for political strife: The assassination of a health official raises the stakes in a tale that combines mystery with a richly detailed portrait of a society in turmoil.
Shrines of Gaiety
By Kate Atkinson | Doubleday
In the nightclubs of 1920s London, frivolity and fun are the order of the day—and Nellie Coker reigns as monarch of the quasi-legal revels. In this novel from the celebrated author of “Life After Life,” the disappearance of a young girl brings both the police and a determined amateur sleuth into the demimonde that Nellie and her family rule.
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Energy: Nuclear Start-Ups Address Safety Issues (WSJ)
Nuclear projects are getting a boost of investment as countries try to tackle an energy crisis sparked by the Ukraine war, while also pursuing emissions targets. WSJ looks at how start-ups say their alternative designs can help solve past issues.
Front Page: Wall Street Journal – August 29, 2022
U.N. Inspectors Head to Ukraine Nuclear Plant as Safety Fears Grow
The International Atomic Energy Agency said a team was heading to the facility to assess damage, check safety and security systems and evaluate staff conditions. The inspection will begin on Wednesday and last until
U.S. Warships Sail Through Taiwan Strait for First Time Since Pelosi Visit
The move comes amid deteriorating ties between Beijing and Washington, and as tensions rise between Taiwan and China after the U.S. House speaker’s trip earlier this month.
Front Page: Wall Street Journal – August 27, 2022
U.N. Set to Inspect Ukraine Nuclear Plant Early Next Week
United Nations atomic agency inspectors are poised to make an emergency visit to Ukraine’s Russia-occupied Zaporizhzhia nuclear power plant early next week, after a breakthrough in negotiations over access, people involved in the talks said.2617 hours ago
Mar-a-Lago Search Affidavit Says Top Secret Documents Had Been Found Previously
Boxes retrieved from the former president’s home since the start of the year contained top-secret national defense information, according to the heavily redacted affidavit.
Front Page: Wall Street Journal – August 26, 2022
Powell to Address Economic Outlook at Jackson Hole
The Fed chairman’s comments will be closely watched for signals on how the central bank could manage a series of difficult trade-offs as it seeks to bring inflation down from a 40-year high.3 min read
Student-Loan Plan Ignites Debate Over Inflation, Budget Risks
The move to cancel up to $20,000 in student debt for millions of borrowers will have economic consequences, including on inflation, consumer behavior and government budgets, though the degree of those effects is uncertain.5 min read
Front Page: Wall Street Journal – August 25, 2022
Biden Urged to Act Swiftly on Ukraine Nuclear Plant
A bipartisan letter from dozens of experts and former officials called on the U.S. president to make the deteriorating situation at the Zaporizhzhia plant an administration priority and demand an immediate inspection by the IAEA.
Biden Cancels Up to $20,000 in Student Debt for Millions
The president’s executive order will provide unprecedented relief for tens of millions of Americans but is certain to draw legal challenges and political pushback.6,906Long read
Musk-Twitter Legal Fight Complicated by Whistleblower Complaint
Allegations by the platform’s former head of security may open new legal pathways in Elon Musk’s effort to abandon the $44 billion takeover.6 min read
Front Page: Wall Street Journal – August 23, 2022
U.S. Natural-Gas Prices Hit Shale-Era Highs
The 14-year highs reached this week by U.S. natural-gas futures show the unceasing demand for U.S. shale gas across the Atlantic—and likely point to higher prices ahead.
After Six Months of War in Ukraine, Momentum Tilts Against Russia
Moscow retains a firepower advantage, but Kyiv is starting to take the initiative, while Western support for Ukraine is holding firm despite economic pain.
Front Page: Wall Street Journal – August 20, 2022
Ukraine’s Southern Forces Wage a Slow Campaign to Wear Russian Troops Down
Rather than a dramatic ground assault, Ukraine’s push to retake occupied southern territory has become a series of artillery strikes designed to cut Russian supply lines and isolate occupying troops in the region.23 hours ago5 min read
- Ukraine Intensifies Attacks Beyond Enemy Lines
- Mercenaries Enter Spotlight as Russian Troops Struggle
- Kyiv Urges Action on ‘Nuclear Blackmail’
Russia to Halt Nord Stream Gas Flows to Europe, Citing Pipeline Maintenance
Unexpected three-day maintenance shutdown later this month on the Nord Stream pipeline fans fears that Russian natural-gas cuts will tip Europe into a recession.
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