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Good afternoon. Here's what you should know today, April 9. | |
- The market is bracing for the next raft of bank earnings.
- Some Trump voters are considering moving on.
- More workers are taking parental leave.
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 | | The Justice Department began its investigation on Friday. PHOTO: ALEXANDER DRAGO/REUTERS | | |
1. The U.S. is pushing to assess the damage from a leak of purported files on the Ukraine war. | |
| The Justice Department has launched an investigation to assess the damage from an intelligence breach in which dozens of images that purport to show highly classified documents on the war in Ukraine and other international matters surfaced online. While some of the documents are roughly two months old, their disclosure could affect the conduct of the war in Ukraine because they purport to spell out battlefield vulnerabilities and the composition of parts of Ukraine's forces, U.S. officials said. | |
| As Ukraine Readies Counteroffensive, Russia Steps Up Campaign Against Partisans (Read) 🎥 Father and Child Killed in Russian Strike on Ukraine's Zaporizhzhia (Watch) | |
2. Investors view the corporate earnings season as the next test for stocks. | |
| Analysts expect companies in the S&P 500 to report a second consecutive decline in quarterly earnings, with first-quarter profits projected to drop 6.8% from a year earlier. Investors are looking for insights into just how much further corporate profits could fall and whether that makes stocks look pricey relative to their value. This week, they will review quarterly results from some of the country's biggest banks, including JPMorgan, Citigroup and Wells Fargo. | |
| Investors Turn to Options to Minimize Risk (Read) | |
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3. A federal judge suspended approval of the abortion pill. | |
| A ruling by a Texas judge suspending approval of the abortion pill has set off a new national fight over women's access to abortion less than a year after the Supreme Court withdrew constitutional protections for the procedure. If the ruling takes effect, it could block sales across the country of mifepristone, currently the most common method for ending a pregnancy. | |
| What the Texas Court's Ruling Means for the FDA (Read) How Will the Case Change Access to Abortions in the U.S.? (Read) 🎥 Harris Decries Texas Judge's Suspension (Watch) | |
4. The EPA is set to propose tougher tailpipe-emissions standards. | |
| The new standards for light-duty vehicles, which are likely to be announced in Detroit this week, are expected to cover model years 2027 to 2032 and include the country's most stringent curbs on car pollution to date, according to people familiar with the matter. The move would potentially go beyond President Biden's target for half of all new vehicle sales to be electric-powered by 2030. | |
5. Biden is visiting Northern Ireland as an uneasy peace prevails. | |
| Twenty-five years ago, the Good Friday Agreement ended a three-decade civil conflict in Northern Ireland known as the Troubles that killed about 3,700 people, injured tens of thousands more and traumatized a generation. On Tuesday, President Biden, whose ancestors were Irish, will travel to the British province to celebrate the deal's anniversary, though the visit will come against a backdrop of political dysfunction and sectarian tensions. | |
| Celebrating Peace in Northern Ireland (Read) | |
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| The Wall Street Journal's Evan Gershkovich was detained in Russia while on a reporting trip and accused of spying—charges the Journal and the U.S. government vehemently deny. Follow the latest coverage, sign up for an email alert, and learn how you can use social media to support Evan. | |
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