Watch: Once owners of vacant lots build homes or apartments, their tax bills can skyrocket. Here’s how that contributes to the housing shortage in America’s biggest cities.
News moves fast, and there's not always time to untangle the complex forces driving the day's biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to help you stay ahead of the curve.Biden’s student debt forgiveness plan isn’t the only change coming for student loan borrowers. His plan also fundamentally changes how loans will be repaid, turning many into, essentially, free college grants. WSJ explains.U.S.
defense contractors’ inability to quickly replenish weaponry such as missiles and munitions for Ukraine has led Pentagon officials to argue that industry consolidation has gone too far and raised questions about how prepared America is for conflict. Illustration: Adele MorganWhen Russia invaded Ukraine in February 2022, Western allies held strict red lines around the type of aid they’d provide. But as the war shifted, so did the type of aid.
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First Mover Americas: Bitcoin Flat as Crypto Winter Deepens$BTC trades flat in a down market, and BinanceUS might be the next target of U.S. regulators for allegedly operating an unregistered crypto exchange. LedesmaLyllah reports.
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Breakouts Don't Stand a Chance Against These Pimple PatchesThese $9 pimple patches became a fan-favorite right away, since they were on the thinner side as far as hydrocolloid stickers go, so you can easily wear them all day undetected.
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China underlines key role of coal amid energy security driveChina's state planner stressed the key role of coal in a report to parliament on Sunday, saying it would strengthen the supporting role played by the fuel and advance production as it seeks to boost power generation.
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