The balance of the Senate is up for grabs after Democrats flipped the first seat with a win in Pennsylvania. Many races remained too close to call. Follow us live for the latest news and analysis.
Meta Platforms said it would cut 13% of staff, embarking on the company’s first broad restructuring to cope with a slumping digital-ad market and falling stock price.4 min read
Traders considered whether crypto exchange Binance will actually acquire rival FTX. Bitcoin shed another 6%, and Ether, Solana and FTT also fell.
U.S. stocks declined as investors waited to learn if Republicans would take control of one or both chambers of Congress.
Investors are bracing for the possibility that a second year of stubborn inflation could force the Federal Reserve to bring interest rates higher than they have been in more than 20 years.
Ukrainian forces have advanced town by town on the city in recent weeks, using long-range artillery to strike bridges and largely cut off thousands of Russian troops in and around the city.1094 min read
Shares of Walt Disney fell more than 11% after quarterly losses at the company’s streaming business more than doubled from a year earlier and executives vowed to pare back spending in the division.3 min read
Taiwan Semiconductor Manufacturing, the world’s largest contract chip maker, plans to announce a second multibillion-dollar factory in Arizona.3 min read
Columnists
Business & Finance
Proposition 30 aimed to raise more money to promote electric vehicles and fight wildfires.4 min read
Executives are aggressively paying down debt as higher interest rates increase the cost associated with having debt and businesses face the prospect of a recession.5 min read
The German sporting-goods company said it is the sole owner of all rights to existing products, except for the Yeezy name, and it intended to make use of those rights as early as the end of 2023.4 min read
The designation confers authenticity on the account and differs from the for-purchase blue check mark.1 min read
Ernesta, which Foley started with two Peloton co-founders, will sell rugs cut to fit a shopper’s room.2 min read
Heard on the Street
The inventory of drilled but uncompleted wells has stabilized in recent months.3 min read
As the U.S. car maker prepares to separate out its electric-vehicle business in its accounts as “Model e,” a more radical corporate split across the Atlantic holds lessons.3 min read
The fintech giant posted some impressive numbers this week after a disastrous debut last year. But the market remains unforgiving despite the company’s progress.3 min read
World
Women’s labor-force participation has fallen since Xi took power in 2012, and China has dropped 33 places in a global gender-gap report.426 min read
Faced with soaring inflation and an energy crisis, European politicians are adding thousands of public-sector jobs, guaranteeing business loans, subsidizing energy bills and splurging on infrastructure.407 min read
The attack late Tuesday destroyed several vehicles and killed at least 10 people, say people familiar with the attack.3 min read
The launch comes days after Pyongyang promised a sustained and overwhelming response to U.S.-South Korean military exercises.3 min read
Australia will review policies after an investigation into the training of Chinese aircrews raises concerns.4 min read
Sports
After losing a job because he got punched in the face and spending nearly a decade as a backup, Smith is having an unexpected star turn. The reason why is simple: opportunity.125 min read
Life & Work
Lawyers say assets are shrinking, while alimony payments, legal bills and tensions are all running higher.6 min read
The star of ‘Armageddon Time’ offers tips for winning online auctions, divulges her reliance on zoodles and explains why she’s wearing whatever she wants.15 min read
Video
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BUY SIDE from WSJ
The Buy Side team is independent of The Wall Street Journal newsroom
Including a wine tasting set, weighted blanket and more.5 min read
With interest rates rising, certificates of deposit can be an attractive option.7 min read
The highest-quality life insurance companies offer plenty of choices and have a strong reputation for customer service.Long read