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Mohab Kholaif

Michael A. McCoy for The Wall Street Journal

A tight labor market means better-paying, more-stable occupations that could provide resilience in a potential recession.

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Henry Gage, a Cisco IT professional is seen working in his office in Washington D.C. on April 27, 2023. (Photo by Michael A. McCoy for The Wall Street Journal)

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Economy

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The tightest job market in generations is transforming the 

 in ways that could be more long-lasting than in past economic expansions.

Job Prospects for Black Workers Have Never Been Better—In Ways That Might Last

Tight market means better-paying, more-stable occupations that could provide resilience in potential recession

Sarah Chaney Cambon

Gwynn Guilford

Cisco Systems

Federal Reserve

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Cecilia Rouse

Darrin L. Williams

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United States

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Health

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Biden, McCarthy Hold ‘Productive’ Meeting but No Debt-Ceiling Deal Yet

The president and the speaker of the House opened a high-stakes meeting on Monday evening, as negotiators worked to get back on track on reaching a deal to avoid a default on U.S. sovereign debt.

Meta Fined $1.3 Billion Over Data Transfers to U.S. 

The record privacy penalty by the EU puts pressure on Washington to complete a deal that would allow Meta to send user data stateside.

Activist Investor Calls on Yelp to Explore Sale

TCS Capital Management has built a stake in Yelp and is calling on the service-recommendation site to explore strategic alternatives.

Slow Return to Work Pummels Office Stocks

Vacancies are climbing and rents are sinking amid a stalled return-to-office rate.

Disney’s ABC, ESPN Weaknesses Add Pressure to Make Streaming Profitable

Earnings from traditional TV have fallen sharply after helping to offset Disney+ losses in recent years.

TikTok Sues Montana Over State’s Ban of Its Service

The legal action comes days after some of the platform’s users sued the state’s attorney general, arguing the law violated the First Amendment.

Western States Agree to Cut Use of Water From Colorado River

California, Arizona and Nevada will voluntarily trim their use under the agreement, which now gets sent to the Interior Department for approval

Ukrainian-Backed Troops Stage Cross-Border Incursion Into Russia

Russia said that its military and security forces were fighting against Ukrainian units that had crossed into its southern Belgorod region, the largest such incursion into Russian territory since the war began.

How Did Hyundai Get So Cool?

Korean carmaker known for its budget brands has become an EV innovator; sets sights on Tesla

Jeffrey Epstein Appeared to Threaten Bill Gates Over Microsoft Founder’s Affair

The disgraced financier was trying to set up a philanthropic fund that he hoped would include the billionaire as an anchor donor.

Your Company Doesn’t Want You to Take Ozempic for Weight Loss. Here’s Why.

Many employers’ health plans are trying to restrict access to the pricey drug and alternatives like Wegovy.

Here’s What It Looks Like When Americans Retire Overseas

Six retirees open up about the financial and personal challenges of relocating abroad in retirement.

The Public Golf Course Pro Who Shocked the PGA Championship

Michael Block—$150 for a lesson—had the tournament of a lifetime. He’s exactly what the sport needs.

How Bud Light Blew It

With one blunder after another, the brewing giant behind the brand became a case study in how not to handle a culture-war storm

Your Next Big Move Should Scare You

Your gut says no. Here’s why you shouldn’t always listen to it.

Peaceful Sweden Has Become Europe’s Gun-Murder Capital

The rise of the Scandinavian equivalent of Pablo Escobar has tracked growing violence in Sweden. That has sparked an anti-immigration backlash.

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Elon Musk Is Right About George Soros—and Not Anti-Semitic

The Hungarian-born billionaire has done more than anyone to turn Americans against Israel.

What the 14th Amendment Really Says

Biden must pay interest on the debt or violate the U.S. Constitution.

Escape From New York, Etc.

Big progressive cities suffer another year of declining population.

The Target of Runaway Theft

The CEO says thievery will cost the giant retailer $500 million.

Deep Sleep May Be the Best Defense Against Alzheimer’s

Shakespeare said slumber was ‘the main course in life’s feast.’ Studies suggest it also protects the brain.