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Magazine SECTIONS * Fashion * Art & Design * Travel * Food * Culture * Sports COLUMNS * Jason Gay SECTIONS * MLB * NBA * NFL * Golf * Tennis * Soccer Search Search STOCKS FALL AHEAD OF THIS WEEK’S FED POLICY DECISION U.S. stock indexes fell ahead of Wednesday’s Federal Reserve announcement. The Fed is expected to accelerate tapering and signal that it will raise interest rates next year.37 min ago3 min read * GLOBAL CENTRAL BANKS DIVERGE AS OMICRON CLOUDS GROWTH, INFLATION OUTLOOK * OMICRON OIL DEMAND IMPACT WILL BE ‘MILD AND SHORT-LIVED,’ OPEC SAYS HOSPITALS DROP STAFF VACCINE MANDATES AMID LABOR CRUNCH Some of the largest U.S. hospital systems have dropped Covid-19 vaccine mandates for staff after a federal judge temporarily halted a Biden administration mandate that healthcare workers get the shots.4 min read * FIRST U.K. OMICRON DEATH REPORTED * CHINA SEES FIRST OMICRON CASE IN MAINLAND ◆ WSJ News Exclusive VOX MEDIA, GROUP NINE MEDIA IN ADVANCED TALKS TO MERGE The digital-media companies are discussing an all-stock transaction that would give Vox Media 75% ownership of the combined company, with the remaining 25% going to Group Nine.3 min ago2 min read UBS PENALTIES SLASHED BY AROUND $3 BILLION IN FRENCH TAX CASE An appeals court ordered UBS to pay around $2 billion for helping wealthy clients in France evade taxes, reducing the size of an earlier penalty of around $5 billion.3 min read * HEARD ON THE STREET: UBS SHOULD PAY ITS FINE AND MOVE ON Damage From Deadly Tornadoes Revealed in Satellite Images Skip Ad in 15 Your browser does not support HTML5 video. PlayCreated with sketchtool. Sound OnCreated with sketchtool. 0:00 / 1:35 Closed Captions InactiveCreated with sketchtool.ShareCreated with sketchtool. Images show the extent of damage at an Amazon warehouse after tornadoes tore through six states. KENTUCKY PUTS CURRENT DEATH TOLL FROM TORNADOES AT 64 Kentucky Gov. Andy Beshear cautioned that the death toll from the weekend’s tornadoes will likely rise to above 70, maybe 80. The tornadoes caused catastrophic damage across a broad section of the country, in a swath that at times was as wide as three-quarters of a mile.594 min read * DEADLY TORNADOES ARE TIED TO WEIRD WEATHER PATTERNS SHAREHOLDERS PRESS FACEBOOK FOR GOVERNANCE CHANGES An investor group is seeking board oversight of efforts to reduce harmful content and has repeated its call for an independent chairman.5 min read * INSTAGRAM HEAD GETS PUSHBACK AT HEARING ON APP’S IMPACT * A WSJ INVESTIGATION: THE FACEBOOK FILES ISRAELI, U.A.E. LEADERS MEET AMID FLURRY OF MIDDLE EAST DIPLOMACY The first-ever official meeting Monday between Israel’s prime minister and the United Arab Emirates’ de facto leader were driven in part by Iran nuclear talks and worries over a shrinking U.S. regional role.6 min read FOR MONEY-LOSING VIRGIN ATLANTIC, THE PANDEMIC WAS A SURPRISE OPPORTUNITY9 MIN READ NASSAR VICTIMS REACH $380 MILLION SETTLEMENT WITH OLYMPIC SPORTS BODIES5 MIN READ PELOTON AD STRIKES BACK AT ‘SEX AND THE CITY’ REBOOT3 MIN READ Personal Technology: Joanna Stern I GAVE MY MOM A CRYPTO WALLET: A SIMPLE GUIDE TO NFTS, BLOCKCHAIN AND MORE7 MIN READ THE JOURNAL. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. View more podcasts Your browser does not support the audio tag. Backstage at a Metaverse Concert Tai Verdes is the latest pop star performing concerts in the metaverse. Verdes and WSJ's Anne Steele explain why the music industry is diving in.Read Transcript AD Loading advertisement... 00:00 / 18:00 1x Subscribe Apple PodcastsSpotify More Google Podcasts TuneIn Stitcher Amazon Alexa iHeartRadio RSS Jason Gay URBAN MEYER STARES INTO THE NFL ABYSS4 MIN READ WHY U.S. JOB GAINS ARE SO HARD TO COUNT DURING COVID5 MIN READ The A-hed HOW A $6 BASS PRO SHOPS HAT BECAME A FASHION TREND4 MIN READ COLUMNISTS HOW TO TELL THE BOSS YOU’RE BURNED OUT By Rachel Feintzeig TRY FOCUS MODE ON YOUR IPHONE TO MUTE ANNOYING NOTIFICATIONS By Nicole Nguyen OVER-THE-COUNTER HEARING AIDS ARE COMING. HERE’S HOW TO GET READY. By Julie Jargon WSJ PROMOTION GET UNLIMITED ACCESS FOR LESS THAN US $1/WEEK Get all sides of the story with The Wall Street Journal. From breaking news to political analysis, let our fact-based, trusted journalism help you navigate the local events and their global effects. View Membership Options WSJ PROMOTION GET UNLIMITED ACCESS FOR LESS THAN US $1/WEEK Get all sides of the story with The Wall Street Journal. From breaking news to political analysis, let our fact-based, trusted journalism help you navigate the local events and their global effects. View Membership Options MARKETS LITHIUM PRICES CHARGED BY ELECTRIC-VEHICLE DEMAND, SCANT SUPPLY Lithium prices are rising at their fastest pace in years, setting off a race to secure supplies and fueling worries about long-term shortages of a vital ingredient in the rechargeable batteries that power everything from electric vehicles to smartphones. GAMESTOP AND AMC STOCKS FALL IN BLOW TO MEMESTOCK INVESTORS Data suggest that individual investors continued to buy the stocks amid last week’s selloff after both companies reported news last week that hurt their stock price17 min ago2 min read ◆ WSJ News Exclusive SEC LURES TOP ENFORCER WHO SAYS TOUGHER PUNISHMENT IS COMING Since taking over at the Wall Street watchdog, Gurbir Grewal has signaled higher fines for wrongdoing are on the horizon, along with efforts to remove more malefactors from Wall Street jobs.7 min read PARTHENON CAPITAL TO BUY KROLL BOND RATING AGENCY IN $900 MILLION DEAL While sales of credit-ratings firms are relatively uncommon, this is the second in recent years.2 min read WHEN COMPANIES FIRE THEIR AUDITORS, TIMING IS CLUE TO FUTURE TROUBLE When a company and its auditor split up, it can be a sign of trouble in the books. Two accounting professors looked at the timing of the split and found that the later in the year it occurs, the more worried investors should be.4 min read BUSINESS Personal Technology APPLE’S IOS UPDATE OFFERS NEW IPHONE FEATURES FOR KIDS, MUSIC AND YOUR DIGITAL AFTERLIFE Now available is iOS 15.2, including a voice-only Apple Music plan, tools to protect children and a way to share your iCloud files after your death.3 min read UPS, POSTAL SERVICE STEP UP ON-TIME HOLIDAY DELIVERIES Consumers shopping earlier this holiday season and more in-store purchases are helping carriers, industry analysts say.4 min read PFIZER TO ACQUIRE ARENA PHARMACEUTICALS IN $6.7 BILLION DEAL The purchase bolsters the pharmaceutical giant’s pipeline of medicines for inflammatory bowel diseases.2 min read LIFE & WORK GOLDEN GLOBES 2022: ‘SUCCESSION,’ ‘THE POWER OF THE DOG’ AMONG MOST NOMINATED The show will go on—just not in a live broadcast—after a year when the Hollywood Foreign Press Association, which organizes the awards, has faced criticism over representations and ethics.32 min ago4 min read WORLD AFTER TWO DECADES, ABUSE CRISIS HAS HUMBLED THE CATHOLIC CHURCH The Catholic hierarchy has transformed its response to abuse scandals, which have left the church poorer and less influential.995 min read AS TURKEY’S CURRENCY COLLAPSES, ERDOGAN’S SUPPORT SINKS EVEN IN HIS HOMETOWN In President Recep Tayyip Erdogan’s hometown on Turkey’s Black Sea coast, residents are questioning the leadership of their city’s favorite son amid an economic crisis that is driving up the cost of food, gasoline and medicine.2316 min ago6 min read YEAR IN REVIEW TO FIGHT THE GLOBAL COVID-19 PANDEMIC, WE NEED A GLOBAL GAME PLAN The U.S. makes a huge mistake if it thinks its fate can be walled off from the rest of the world367 min read THIS WAS THE YEAR INVESTORS AND BUSINESSES PUT BIG BETS ON CLIMATE A lot of individuals, institutional investors and companies hope to profit from reducing emissions.56 min read HOW PEOPLE CAN MAKE SMARTER—AND HEALTHIER—SOCIAL-MEDIA CHOICES Is the problem us or the platforms? Brian Primack, a professor of public health and medicine, says it’s both.19 min read FOR A TALIBAN-RULED AFGHANISTAN, AND THE REST OF THE WORLD, A CRISIS LOOMS The new Taliban administration is struggling with a devastated economy. The fallout likely will extend well beyond the country’s borders.324 min read VIDEO What's Next for U.S. and Russia as Tensions Grow Over Ukraine Skip Ad in 15 Your browser does not support HTML5 video. PlayCreated with sketchtool. Sound OnCreated with sketchtool. 0:00 / 4:41 Closed Captions InactiveCreated with sketchtool.ShareCreated with sketchtool. 0:00 WHAT'S NEXT FOR U.S. AND RUSSIA AS TENSIONS GROW OVER UKRAINE 4:41 AN EXCLUSIVE LOOK AT MERCK’S EFFORTS TO HELP MAKE RIVAL J&J’S COVID VACCINE 4:46 NFTS, CRYPTO WALLETS AND MORE EXPLAINED BY PUTTING MY SON'S ART ON THE BLOCKCHAIN 7:28 CMO (SPOILERS AHEAD) PELOTON: DON’T BLAME US FOR WHAT HAPPENED IN ‘AND JUST LIKE THAT…’4 MIN READ RAKUTEN, OTHERS PLAN OPTIMISTIC TONE FOR SUPER BOWL ADS4 MIN READ ADVERTISING MARKET KEEPS GROWING MUCH FASTER THAN EXPECTED, FORECASTERS SAY2 MIN READ CIO CVENT GOES PUBLIC AFTER RETOOLING FOR ERA OF VIRTUAL EVENTS3 MIN READ FEMALE FOUNDERS IN SHORT SUPPLY AT ENTERPRISE TECH STARTUPS4 MIN READ CIO REMOTE-WORK CHECKLIST ZOOMS BEYOND VIDEOCONFERENCING4 MIN READ CFO CONSUMER FINANCE STARTUP DAVE EYES ACQUISITIONS, CRYPTO AFTER SPAC DEAL4 MIN READ CATERPILLAR CFO NAVIGATES CUSTOMERS’ VARYING APPETITE FOR DECARBONIZATION5 MIN READ SOUNDCLOUD TO EXPAND FREE SERVICES TO ATTRACT NEW ARTISTS3 MIN READ RISK & COMPLIANCE NATWEST FINED $351 MILLION FOR OVERLOOKING MONEY-LAUNDERING RISKS POSED BY JEWELRY CLIENT1 MIN READ LONDON APPEALS COURT THROWS OUT CONVICTION OF FORMER UNAOIL EXECUTIVE5 MIN READ THE MORNING RISK REPORT1 MIN READ LOGISTICS REPORT TRUCKER CENTRAL FREIGHT LINES TO CLOSE AFTER YEARS OF LOSSES3 MIN READ CALIFORNIA’S SHIP BACKLOG MOVES FARTHER OUT TO SEA4 MIN READ TODAY'S LOGISTICS REPORT: SEAFARERS BEING ABANDONED; MERCK’S RAPID DOSES; SEEKING RESILIENCE1 MIN READ EXPERIENCE REPORT SUBSCRIPTION COMPANIES RETHINK IRKSOME CANCELATION PRACTICES 4 MIN READ U.K. SOCCER STADIUMS DESIGN FOR SAFER STANDING AT GAMES 4 MIN READ MATCH INTRODUCES A HUMAN MATCHMAKING ELEMENT TO ITS DATING APP3 MIN READ HEARD ON THE STREET UBS SHOULD PAY ITS $2 BILLION FINE AND MOVE ON 3 MIN READ MUDDLED PRIORITIES AND MONETARY POLICY IN BEIJING 3 MIN READ TECH COMPANIES BRING BACK THE HUMAN TOUCH4 MIN READ BARRON’S ELON MUSK IS NAMED PERSON OF THE YEAR. WHY TIME CHOSE THE EV AND SPACE PIONEER.4 MIN READ WILL THE FED BE CAUGHT FLAT-FOOTED?3 MIN READ SHOPIFY STOCK EXTENDS SLIDE. GOLDMAN SAYS SHARES WILL REMAIN RANGE-BOUND.2 MIN READ MARKETWATCH VOX MEDIA IN ADVANCED TALKS TO MERGE WITH GROUP NINE MEDIA1 MIN READ GOLD FUTURES SETTLE AT A 3-WEEK HIGH AS FED MEETING COMES IN FOCUS3 MIN READ HERSCHEL WALKER'S SON PROTESTS HIGH GAS PRICES, BUT SOME SAY HIS $1,300 SWEATSHIRT SHOWS HE'S FULL OF HOT AIR2 MIN READ MANSION GLOBAL Independent of The Wall Street Journal newsroom. DEALS FOR MANHATTAN LUXURY REAL ESTATE SLOW, BUT 2021 HAS BEEN A RECORD YEAR1 MIN READ SEYCHELLES VILLA COMES WITH 27 BEDROOMS AND THREE LARGE POOLS2 MIN READ PARISIAN FURNITURE FAMILY BETS ON CRAFTSMANSHIP AND MODULAR DESIGN5 MIN READ PENTA POLESTAR’S PLANS, AS PREDICTED BY THE ULTRA-MODERN PRECEPT CONCEPT4 MIN READ LIFE AT SEA: SUPERYACHTS THAT MAKE PERMANENT VACATIONS ON THE WATER A REALITY6 MIN READ BOOK RECOMMENDATIONS FROM BUSINESS LEADERS AND CULTURAL INFLUENCERS3 MIN READ US EUROPE ASIA FX RATES FUTURES Created with Highstock 2.1.8 1D 5D 3M 6M 1Y DJIA 35720.70 -250.29 -0.70% S&P 500 4682.54 -29.48 -0.63% Nasdaq 15474.50 -156.10 -1.00% Russell 2000 2178.66 -33.14 -1.50% DJ Total Mkt 47753.63 -341.06 -0.71% View WatchlistView All Market Data → OPINION THE REAL COST OF BIDEN’S SPENDING PLAN By The Editorial Board | Review & Outlook THE BIDEN STAGFLATION IS COMING By Mike Solon and Phil Gramm | Commentary BIDEN SEEMS SET ON MAKING ‘TRANSITORY’ INFLATION LAST By Gerard Baker | Free Expression TOP-NOTCH DUDES By James Freeman | Best of the Web RANDI WEINGARTEN SAYS PASS THE SALT By The Editorial Board | Review & Outlook THE UNCONSTITUTIONAL CONVICTIONS YOU DON’T KNOW ABOUT By Clark Neily and Somil Trivedi | Commentary Got a tip for us?Here’s how to submit it. MOST POPULAR NEWS 1. HOSPITALS DROP STAFF VACCINE MANDATES AMID LABOR CRUNCH 2. SIX EXERCISES TO PROTECT YOUR LOWER BACK AND KNEES 3. STOCKS FALL AHEAD OF FED DECISION THIS WEEK 4. PELOTON STRIKES BACK AT ‘SEX AND THE CITY’ REBOOT WITH NEW AD 5. PFIZER BOOSTERS ARE EFFECTIVE AGAINST OMICRON, ISRAELI STUDY SAYS MOST POPULAR OPINION 1. OPINION: THE REAL COST OF BIDEN’S SPENDING PLAN 2. OPINION: RANDI WEINGARTEN SAYS PASS THE SALT 3. OPINION: ALMOST ANYBODY CAN NOW VOTE IN NEW YORK 4. OPINION: THE FED IS THE MAIN INFLATION CULPRIT 5. OPINION: THE UNCONSTITUTIONAL CONVICTIONS YOU DON’T KNOW ABOUT RECOMMENDED VIDEOS 1. DAMAGE FROM DEADLY TORNADOES REVEALED IN SATELLITE IMAGES 01:35 2. NFTS, CRYPTO WALLETS AND MORE EXPLAINED BY PUTTING MY SON'S ART ON THE BLOCKCHAIN 07:28 3. AS U.S. INFLATION SURGES, JAPAN'S LOW PRICES HOLD STEADY 05:08 4. WSJ OPINION: HITS AND MISSES OF THE WEEK 02:31 5. AT LEAST 70 FEARED DEAD AFTER TORNADOES TEAR THROUGH SEVERAL STATES 01:52 JOURNAL REPORTS EXPLORE THE TOP 250 BEST-MANAGED COMPANIES OF 2021 How does your company rank in the 2021 analysis of well-run companies for customers, employees and investors?1 min read * WHAT FIVE YEARS OF RANKING THE BEST-MANAGED COMPANIES REVEALS * WHAT’S NEW IN THE MANAGEMENT TOP 250 RANKINGS IN 2021 2021’S BEST-MANAGED COMPANIES—AND HOW THEY MADE IT TO THE TOP8 MIN READ HOW TO MEASURE HOW WELL A COMPANY DOES ON INNOVATION4 MIN READ Sponsored Offers * Wayfair: Wayfair December Deals: Up to 70% off everything + free shipping on all purchases * Target: 15% off coupon code with Target college registry * Macy's: Macy's coupon - Sign up to get 25% off next order * Kohl's: 30% off for Rewards members * Saks Fifth Avenue: $20 off sitewide - Saks Fifth Avenue coupon * PrettyLittleThing: Sign up for emails and get 20% off PrettyLittleThing discount code + $1 shipping * The Wall Street Journal * English Edition * English * 中文 (Chinese) * 日本語 (Japanese) * * Subscribe Now * Sign In * Back to Top « WSJ Membership * WSJ+ Membership Benefits * Subscription Options * Why Subscribe? * Corporate Subscriptions * Professor Journal * Student Journal * WSJ High School Program * WSJ Amenity Program * Public Library Program * WSJ Live Customer Service * Customer Center * Contact Us Tools & Features * Emails & Alerts * Guides * Topics * My News * RSS Feeds * Video Center * Watchlist * Podcasts * Web Stories Ads * Advertise * Commercial Real Estate Ads * Place a Classified Ad * Sell Your Business * Sell Your Home * Recruitment & Career Ads * Coupons More * About Us * Commercial Partnerships * Content Partnerships * Corrections * Jobs at WSJ * News Archive * Register for Free * Reprints & Licensing * Buy Issues * WSJ Shop * Facebook * Twitter * Instagram * YouTube * Podcasts * Snapchat * Google Play * App Store Dow Jones Products * Barron's * BigCharts * Dow Jones Newswires * Factiva * Financial News * Mansion Global * MarketWatch * Private Markets * Risk & Compliance * WSJ Pro * WSJ Video * WSJ Wine * Privacy Notice * Cookie Notice * Copyright Policy * Data Policy * Subscriber Agreement & Terms of Use * Your Ad Choices * Copyright ©2021 Dow Jones & Company, Inc. 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