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The Omicron Variant Can Evade Vaccine Protection. Here’s How We Know.

A growing number of studies indicate Omicron is more resistant to current vaccines than previous Covid variants, though boosters seem to help. WSJ’s Daniela Hernandez gets an exclusive look inside a lab testing how antibodies interact with Omicron. Photo illustration: Tom Grillo




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FDA Authorizes Merck’s Covid-19 Pill: Here’s How It Works

The FDA has cleared Merck’s new Covid-19 therapy molnupiravir, the latest antiviral that adults can take at home to avoid severe disease. WSJ’s Daniela Hernandez explains the science behind the new drug. Photo: Merck




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Biden Hosts Democracy Summit Amid Tensions With China and Russia

As authoritarian regimes in China and Russia continue to make gains, President Biden faces a challenge of reigniting global democracy at his Summit for Democracy. WSJ’s Gerald F. Seib explains how Biden will navigate these challenges at the virtual summit. Photo Illustration: Elise Dean




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Washington Pays Tribute to Bob Dole at Capitol Ceremony

Bob Dole, a longtime Republican leader and senator for more than half a century, was honored at a ceremony in the Capitol Rotunda on Thursday. President Biden and leaders of Congress were among those paying tribute. Photo: Jonathan Ernst/Pool via AP




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‘What Kind of Nation Are We Going to Be:’ Biden Reflects on Jan. 6 Riot

In an address to the nation on the anniversary of the Jan. 6 Capitol riot, President Biden accused former President Donald Trump of spreading a “web of lies” about the 2020 election. Photo: Michael Reynolds/Pool via Reuters




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‘Democracy Held:’ Washington Reflects on Jan. 6 Capitol Riot

President Biden and congressional lawmakers on Thursday remembered the one-year anniversary of the Jan. 6 Capitol riot with a series of speeches and a candlelight vigil. WSJ’s Sadie Gurman explains how the day unfolded in Washington, D.C. Photo: Tom Brenner/Reuters




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Biden Says Build Back Better Will Likely Be Broken Up

President Biden said at a news conference Wednesday that the stalled $2 trillion Build Back Better proposal would likely have to be split up to get certain pieces, like provisions on climate, energy and early-childhood education, passed. Photo: Oliver Contreras/Sipa/Bloomberg News




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Biden Warns Russia of ‘Disaster’ if It Invades Ukraine

President Biden said on Wednesday that the U.S. is ready to unleash sanctions against Russia if President Vladimir Putin makes a move against Ukraine. Biden also laid out a possible diplomatic resolution. Photo: Susan Walsh/Associated Press




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How Omicron Challenges U.S. and China on Vaccine Diplomacy

China got out ahead of the U.S. in shipping its Covid-19 vaccines around the world, but the Biden administration said it has donated more doses. WSJ examines how Omicron challenges both as they push for global influence. Photo: Rodrigo Sura/Esteban Biba/Shutterstock




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China’s ‘Zero-Covid’ Policy Creates New Supply-Chain Worries

To keep out Covid-19, China closed some border gates late last year, leaving produce to rot in trucks. Restrictions like these and rules at some Chinese ports, the gateways for goods headed to the world, could cascade into delays in the global supply chain. Photo composite: Emily Siu




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How the Meme Stock ‘Revolution’ Has Left Markets Changed A Year Later

Amateur investors took the stock market by storm a year ago, buying up shares of meme stocks like GameStop and AMC Entertainment. Many remember it as a revolution against Wall Street, but in the end, they largely just lined the pockets of major financial firms. WSJ’s Dion Rabouin explains. Illustration: Sebastian Vega




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Schools Struggle With Omicron-Fueled Teacher Shortages

A wave of Covid-19-related school staffing issues has led some states to take drastic steps to keep schools open, including enlisting state employees, retirees and National Guard members to fill in as substitute teachers. Photo: Marcio Jose Sanchez/Associated Press




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Why U.S. and Russia Are Sparring Over Ukraine

The U.S., NATO and Russia are caught in a diplomatic standoff over Moscow's buildup of troops at the border with Ukraine. WSJ looks at what Russia wants and how Ukraine and its allies are preparing for a potential crisis. Photo: Andriy Dubchak/Associated Press




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Putin, Xi Show Solidarity as Ukraine Tensions Mount

Ahead of the Beijing Winter Olympics, Chinese leader Xi Jinping and Russian President Vladimir Putin held a summit, underscoring their deepening ties as Russia confronts growing tensions with the U.S. and NATO over Ukraine. Photo: Alexei Druzhinin/Associated Press




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Watch: Police Killing of Amir Locke Sparks Protests in Minneapolis

Demonstrators marched in Minneapolis over the weekend to protest the fatal police shooting of Amir Locke, a Black man who was killed last week when police executed a no-knock search warrant. Photo: Kerem Yucel/AFP/Getty Images




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Hong Kong Races to Contain Covid-19 Outbreak – With China’s Help

As countries loosen Covid-19 restrictions, Hong Kong is sticking to a “dynamic zero-Covid” approach – with help from Beijing. A surge in cases has overwhelmed hospitals and threatens business confidence in the global financial hub. Photo: Bertha Wang/Bloomberg




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Biden’s State of the Union: Warning to Putin, Plan to Fight Inflation

During President Biden’s address to the nation, he garnered bipartisan applause as he warned Russia that more coordinated measures were coming in response to its invasion of Ukraine. He also laid out ways to help tame inflation. Photo: Pool/Reuters




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LVMH Fund Lands Australia’s R.M.Williams Stake

L Capital Asia, a private-equity firm backed by LVMH Moet Hennessy Louis Vuitton, has made its second investment in Australia, a person familiar with the matter said Monday.




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Citigroup Appoints New Asia Prime Finance Head

Citigroup Inc. has made some changes in its prime finance unit, appointing a new head in Asia.




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Woori Head’s Resignation Stokes Privatization Hopes

Could the resignation of the head of one of South Korea’s biggest financial groups jumpstart a long-running process to privatize it?




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Citigroup’s Corbat Gets Expenses Down

Chief Executive Michael Corbat is in the early stages of making good on his promise to turn Citigroup Inc. into a more efficient company.




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Kyle Bass Keen on Yellow Pages Co. — Sohn Conference

By Emily Glazer The yellow pages business isn't dead yet. That's according to Kyle Bass, principal of Dallas-based hedge fund Hayman Capital Management L.P., who focused his presentation at the Ira Sohn conference Wednesday on directories business Dex Media Inc.




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What to Watch From the Fed Wednesday

In her first press conference as Fed chairwoman, Yellen will likely face questions on the continued reduction in bond purchases and the recent deterioration in economic conditions.




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As U.S. Inflation Surges, Japan's Low Prices Hold Steady

As the cost of groceries, clothing and electronics have gone up in the U.S., prices in Japan have stayed low. WSJ’s Peter Landers goes shopping in Tokyo to explain why steady prices, though good for your wallet, can be a sign of a slow-growing economy. Photo: Richard B. Levine/Zuma Press; Kim Kyung Hoon/Reuters




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Tapering: What It Is and Why It Makes Markets Shudder

The Federal Reserve says it will accelerate the wind-down of its bond-buying program, the biggest step the central bank has taken in reversing its pandemic-era stimulus. Here’s how tapering works, and why it sends markets on edge. Photo illustration: Adele Morgan/WSJ




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Watch: Boris Johnson Apologizes for Attending Party During Covid-19 Lockdown

During a session of Parliament, British Prime Minister Boris Johnson apologized for attending a party on Downing Street in 2020 while strict Covid-19 lockdown measures were in place. Johnson said he believed it was a “work event.” Photo: PRU/AFP via Getty Images




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Student Loan Forgiveness: The Borrowers Who Now Qualify

WSJ higher-education reporter Melissa Korn breaks down the select groups of borrowers who are currently eligible for student debt relief and what borrowers can expect next year. Photo: Getty Images




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WSJ Opinion: Kamala Harris and the Future of the Democratic Party

The only thing worse than the President's approval rating is that of his vice president, Kamala Harris, whom it's reported the Biden team accuse of dysfunction and a lack of focus. Images: AFP/Getty Images Composite: Mark Kelly




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China’s Zero-Covid Strategy Tested Ahead of Winter Olympics

From mass tests to lockdowns, China is on high-alert to keep the coronavirus at bay ahead of the Winter Olympics. WSJ examines the zero-Covid strategy in the city of Xi’an to see how it has sparked backlash from residents and affected chip makers. Photo: Shao Rui/Zuma Press, Fabrizio Bensch/Reuters




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Watch Doctors Transplant Pig Heart Into Patient in Medical Breakthrough

For the first time, surgeons in Maryland transplanted a genetically modified pig heart into a human without immediate rejection by the patient’s body. While the operation brings doctors a step closer to solving the organ shortage, it remains controversial for some. Photo: University Of Maryland School Of Medicine




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The MLB Teams That Prefer to Promote From Within

The MLB team that has the most drafted players on its roster is the San Francisco Giants, with 13, according to Stats LLC. The league average is 7.8.




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Skip the Sweat With an E-Bike

E-bikes are electric bikes that give riders an assist while pedaling.




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How to Fix and Strengthen the 401(k)

The 401(k) workplace-savings plan, designed to augment traditional pensions, has become the primary retirement-savings vehicle for many workers, but critics say it isn’t up to the task. WSJ's Anna Prior highlights five key suggestions to strengthen the 401(k). Photo: Getty




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A More Personal Synthetic Voice for Those Who Can't Speak

A wave of new technologies is giving people like Max Plansky, who are unable to speak due to a debilitating condition, a more personal synthetic voice. Photo/Video: Denise Blostein/The Wall Street Journal




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Should Homeowners Ban Drones Over Their Property?

The increased use of personal and commercial drones is raising questions about where they should be permitted to fly, and who should make that decision. The FAA estimates drone sales will reach 7 million by 2020. Photo: John Weber for The Wall Street Journal




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How China Upended Life at India's Ship-Recycling Yards

At the world's biggest ship-recycling yard at Alang, India, life is becoming harder as fewer ships arrive. Here's why. Photo: Karan Deep Singh/The Wall Street Journal




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How Confidential Documents Get Stored at the White House

The transcript of President Trump's call with Ukraine shed light on a method for classifying documents that's even more top secret than top secret. WSJ spoke to a former National Security Council official to understand the intricacies of the White House server security system.




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Women Hit Obstacles on the Way to the First Promotion

Men outnumber women nearly 2 to 1 on the first move up the management ladder. WSJ’s Vanessa Fuhrmans explains how this can hurt women right out of the gate.




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Why Women Don’t Get the Feedback They Need

Research shows that getting ahead requires constructive criticism. But many women don’t get those frank assessments.




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Women Are Less Likely to Delegate Than Men

Women are less likely to delegate than men and that might hurt their careers. WSJ's Michelle Ma explains why women have a harder time passing off work to others.






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Why Risky Borrowers Still Aren’t Getting Mortgages

Fannie Mae, Freddie Mac, the Federal Housing Finance Agency and the Obama administration over the past year have tried mightily to expand mortgage access for riskier borrowers, but there's little evidence so far of borrowers with weaker credit making a strong return.




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At Camp Kotok, the Chatter Is About Fed Rate Rise, China and How the Fish Are Biting

For many luminaries of the financial sector, the place to be when the July payrolls report is released is around a small television set at Leen's Lodge in Grand Lake Stream, Maine. If you are there on the first Friday of August, you are part of “Camp Kotok.”




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5 Things to Know About China’s Currency Devaluation

Five things to know about China's move to devalue its currency, which will likely have a ripple effect through financial markets as well as in politics.




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Did the Mortgage-Fee Cut Help Borrowers?

Since a mortgage-fee cut, the number and mix of loans being backed by the Federal Housing Administration have changed markedly. Here's how the change affected the mortgage market.






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WSJ Survey: Oil and Inflation Are Stubborn Disappointments

The history of oil tycoons is littered with booms and busts—fortunes that swelled and collapsed with unexpected velocity—subject to the vagaries of oil discoveries and the high-stakes game of world diplomacy and international intrigue. Economic forecasters can't avoid them, either.




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Lower Electronics-Store Spending May Not Be What You Think

Americans spent more at retailers selling everything from cars to camping equipment in July, but they spent less at electronics stores. The underlying reason could be that gadgets are getting cheaper.