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The Latest Breaking News from the Wall Street Journal

5 Everyday Items That Just Got Way More Expensive Due to Tariffs

Tariffs are driving up prices on common goods. See which everyday items you might be buying that now cost up to 63% more.

GOBankingRates

California vows to ‘instantly’ cut funding to universities that cave to Trump ‘compact’

Governor Gavin Newsom urges schools not to sign ‘radical agreement’ to cuts to departments, students and speech

The Guardian - US

UT-Austin considering offer to adopt Trump priorities for funding advantages

The funding deal would reportedly ask the university to adopt a stricter definition of gender and a tuition freeze, among other conditions.

The Texas Tribune

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Trump offers top universities funds if they boost conservative ideas

Brown and MIT among nine schools told to back conservative views or risk losing federal support, sparking free speech fears

The Guardian - US

YouTube agrees to pay $24.5M to settle Trump lawsuit filed after his January 6 insurrection suspension

The deal makes YouTube the final Big Tech company to bend the knee — following Elon Musk’s X and Facebook’s parent company Meta

The Independent UK

Stocks Set to Open Higher as Bond Yields Fall, Trump’s Shutdown Talks in Focus

December S&P 500 E-Mini futures (ESZ25) are up +0.48%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.63% this morning, pointing to a higher open on Wall Street as Treasury yields moved lower, while investors await U.S. President Donald Trump’s high-stakes meeting with congressional leaders to prevent a government…

Barchart

Stocks Finish Higher as Core PCE Prices Match Expectations

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.44%. December E-mini S&P futures (ESZ25 ) rose +0.60%, and December E-mini Nasdaq futures...

Barchart

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Even Fox News stars are breaking with Trump over Comey: ‘I don’t think there’s a case’

Pundits Andrew McCarthy and Howard Kurtz both express disapproval of the ex-FBI director’s indictment, saying there is no credible case against him

The Independent UK

Stocks Turn Mixed as US Consumer Sentiment Slips

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.20%. December E-mini S&P futures (ESZ25 ) are up +0.12%, and December E-mini Nasdaq futures...

Barchart

Stocks Climb on Strength in Consumer Spending and Tame Inflation

The S&P 500 Index ($SPX ) (SPY ) today is up +0.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. December E-mini S&P futures (ESZ25 ) are up +0.53%, and December E-mini Nasdaq futures...

Barchart

Elon Musk just sold Grok to U.S. government for 42 cents—and signals warmer ties with Trump

Washington is quietly handing Musk a foothold in the AI race with a licensing deal.

Fortune

Bondi only gave White House aides minutes’ notice before she handed out Epstein binders to conservative influencers

White House officials later asked Bondi to tamp down the Epstein issue, rather than highlight it, according to a new report

The Independent UK

Donald Trump tries to justify Epstein buddytime, because ’90s was different’ — what does that even mean?

Donald Trump may not be addressing the allegations against him and his government concerning the Epstein files. However, he is doing everything in his power to clear his image, even at the cost of sounding problematic.

The Mary Sue

Jeff Bezos’ dad hires a CEO to manage his multibillion-dollar fortune

is reportedly undertaking a “major expansion” of the family’s office, has hired a CEO, and is now on the hunt to hire a new chief investment officer to manage an estimated $40bn

The Independent UK

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Axios

Behind the Curtain: Trump and the most unprecedented presidency in 250 years

Trump has veered, often suddenly, proudly and loudly, into unprecedented territory in at least 15 different areas.

The Independent UK

A timeline of Trump's fights with media, including Jimmy Kimmel

President Donald Trump’s contentious relationship with U.S. news organizations over his time in office has led to a host of legal battles and disputes

The Independent UK

Wall Street Journal fires back at Trump over Epstein birthday letter lawsuit: ‘The article is true’

Lawyers for Rupert Murdoch and publishers call president’s lawsuit ‘an affront to the First Amendment’

Al Jazeera

Trump says Lachlan Murdoch part of proposed TikTok deal

Murdoch will be part of a group of US investors – including Trump allies – trying to take over TikTok’s US operations.

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news in one place.

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Axios

Rupert Murdoch, Michael Dell part of U.S. TikTok buyer group, Trump says

The White House says a deal should be signed in the coming days.

Fortune

Trump is already wielding his 'golden share' authority at U.S. Steel, overriding the company’s plans for an Illinois plant, report says

This marks the latest move by the administration to exert power over private industry.

The Mary Sue

‘This country would collapse’: Michio Kaku confirms Trump’s H-1B plan is America’s final bankruptcy, because all he touches dies

Donald Trump‘s latest genius idea for “Making America Great Again” is to chase out the very brains that keep the country running. Remember Michio Kaku’s warning? It just came true.

Barchart

This Boring Blue-Chip Stock Could Be the Winner in Quantum Computing. Should You Buy Its Shares Here?

According to the Wall Street Journal, IBM is leading the way in terms of quantum advantage.

The Guardian - US

How memes, gaming and internet culture all relate to the Charlie Kirk shooting

Kirk’s rise to fame was largely bolstered by being extremely online – and it seems the suspect has that in common with him

Euronews

Trump files $15 billion defamation lawsuit against New York Times

The US president accused the newspaper of being a “a virtual ‘mouthpiece’ for the radical left Democrat(ic) Party.”

The Guardian - UK

Donald Trump files $15bn lawsuit against the New York Times

Title says it will not be ‘deterred by intimidation tactics’ after US president announces latest legal action

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