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As 2018 Nears, Both Parties Sail Into Tricky Political Winds

As 2018 Nears, Both Parties Sail Into Tricky Political Winds

Both major parties face structural challenges as 2018 midterm elections approach, with the GOP dealing with political headwinds but Democrats dealing with an unforgiving map, Gerald F. Seib writes.

Published 1 hour ago

Tax Reform Propels Global Stocks Higher

Tax Reform Propels Global Stocks Higher

The prospect of U.S. lawmakers passing the most sweeping rewrite of U.S. business and income taxes since the Reagan era continued to propel global stocks higher, fueling gains across U.S. futures, European shares and most Asian markets.

Published 14 hours ago

Greece’s Olive Oil Industry Offers a Lesson on Economic Hurdles

Greece’s Olive Oil Industry Offers a Lesson on Economic Hurdles

Greek olive oil should be a shining example of the country’s export sector. Instead, it offers a lesson in why Greece remains deeply uncompetitive despite years of pressure to fix its economy.

Published 5 hours ago

The ‘Drop’ that Enraged Pittsburgh

The ‘Drop’ that Enraged Pittsburgh

A replay reversal on a touchdown reception deals the Pittsburgh Steelers a heartbreaking loss—and the NFL another controversy.

Published 2 hours ago

The year in technology: how life became easier

The year in technology: how life became easier

From facial recognition to Amazon Echo — wireless convenience marked 2017

Published 1 second ago

Chasing the Next Bitcoin, Investors Shell Out $700 Million for Coins With ‘No Purpose’

Chasing the Next Bitcoin, Investors Shell Out $700 Million for Coins With ‘No Purpose’

One of the hottest cryptocurrency investments of 2017 comes from a software startup that doesn’t plan to sell any software and describes what it is selling—something called a digital token—as having “no purpose.”

Published 3 hours ago

Amazon Echo Prices Turn Smart-Speaker Market On Its Ear

Amazon Echo Prices Turn Smart-Speaker Market On Its Ear

Amazon.com Inc.’s $30 price tag on the Echo Dot smart speaker is triggering price cuts on Google Home devices and complicating Apple Inc.’s HomePod prospects.

Published 5 hours ago

Electric Power Restored at Atlanta International Airport

Electric Power Restored at Atlanta International Airport

After a sudden electrical outage halted flights to and from Atlanta’s giant airport for 11 hours Sunday, the lights came on again around midnight but airport operations won’t return to normal Monday as airlines struggle to get back on track.

Published 3 hours ago

Citi, AIG and BofA among US groups facing $50bn tax plan hit

Citi, AIG and BofA among US groups facing $50bn tax plan hit

Five institutions would be forced to take writedowns if corporate rate falls to 21%

Published 1 second ago

EU launches probe into Ikea tax arrangements

EU launches probe into Ikea tax arrangements

Brussels is investigating Ikea’s tax arrangements, as the EU widens the net in its four-year crackdown on aggressive corporate tax avoidance.

Published 1 second ago

Replacement Parts: Organs on Demand | Moving Upstream

Replacement Parts: Organs on Demand | Moving Upstream

Twenty Americans die every day waiting for transplants. Now researcher Harald C. Ott thinks he’s found a way to save lives and meet the demand for replacement organs. WSJ's Jason Bellini takes a look, in this latest episode of Moving Upstream.

Published 1 second ago

Trump to label China as a strategic ‘competitor’

Trump to label China as a strategic ‘competitor’

Beijing accused of pursuing policies of economic aggression to weaken US

Published 1 second ago

Trump Plans Shift to U.S. Security Strategy

Trump Plans Shift to U.S. Security Strategy

President Donald Trump will put his domestic economic and trade policies at the heart of a new national-security strategy that depicts the world as one of heightened rivalries and potentially dangerous competition.

Published 6 hours ago

This One Weird Tax Trick Could Shrink the Trade Deficit

This One Weird Tax Trick Could Shrink the Trade Deficit

The tax bill expected to pass Congress could accomplish President Trump’s goal of reducing the U.S. trade deficit, not by increasing productivity or changing other countries’ trade practices, but by curbing the incentive for multinational companies to shift profits abroad.

Published 5 hours ago