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The 10-Point: My Guide to the Day's Top News

The Wall Street Journal
Good morning,
Low Interest
Federal Reserve officials, lacking a strong consensus for action a week before their next policy meeting, are leaning toward waiting until late in the year before raising short-term interest rates. It’s a close call. But with inflation holding below the Fed’s 2% target and the unemployment rate little changed in recent months, senior officials feel little sense of urgency about moving and an inclination toward delay. Despite its hesitance, the Fed faces some external pressure to move: J.P. Morgan Chase Chairman and CEO James Dimon said yesterday that he favors increasing interest rates and that the Fed should act “sooner rather than later.” For others, who note that the jobless rate hasn’t moved much this year, the watchword is patience. Meanwhile, the Fed’s decision has become the subject of intense market speculation in recent days.

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Political Prognosis
Hillary Clinton said she was feeling much better after a pneumonia diagnosis and promised to release additional medical records this week, moving to contain concerns about her well-being and forthrightness after she stumbled exiting a 9/11 ceremony. The diagnosis, belatedly disclosed by her campaign Sunday, has taken Mrs. Clinton off the road and off-message just as her campaign was working to focus on her agenda. Top Clinton officials acknowledged yesterday that the campaign made mistakes handling her exit on Sunday. But Mrs. Clinton’s larger dilemma is how to respond to Donald Trump’s unconventional campaign style, writes our Washington bureau chief Gerald F. Seib. Mr. Trump was restrained in comments on Mrs. Clinton’s health, instead attacking her recent characterization of half of his supporters as “deplorables.” He demanded that she retract her comments and said they disqualified her from public service.
Trial Period
A cease-fire took formal effect across Syria after sundown yesterday amid continued fighting, as the U.S. and Russia sought seven straight days of relative calm to trigger a broader peace initiative and military cooperation. Under the new cease-fire deal, once violence has been reduced to levels acceptable to both the U.S. and Russia for one week, the two countries will implement the next phase, establishing military cooperation and moving toward political negotiations. U.S. officials made clear that a pullback in fighting may not start in the first days of the cease-fire, and acknowledged the risk of failure in the latest effort to stem five years of violence. Underscoring the doubts, Syrian President Bashar al-Assad, in the hours before the start of the cease-fire, vowed to take back all opposition-controlled territory.
Walk and Talk
The research is clear: Walking meetings count as exercise. And whether they take place at a nearby park or in the office hallway, walking meetings also spur more ideas. Meetings, phone calls and email have come to consume more than 90% of the working time of managers and some other workers, such as consultants. Many of those meetings and calls could be conducted on foot. Proponents say walking meetings are more relaxed than seated ones, and remove barriers between managers and employees. Some employees are using them to boost their daily step counts, while others are spurred by mounting research on the physical and mental benefits of being more mobile at work. We offer tips for incorporating walking meetings into your routine.
TODAY'S VIDEO
The Anti-Anxiety iPhone
That Was Painless
Get over the missing headphone jack: The iPhone 7 and 7 Plus are worth the upgrade for longer battery life, better low-light photos and water-resistance, says our Personal Technology columnist Geoffrey A. Fowler.
TOP STORIES
U.S.

CEOs See U.S. Economy Stuck in Slow-Growth Mode

Inmate Populations Rise Again in Some States
WORLD

Duterte Demands Departure of U.S. Military Advisers from the Philippines

Remains of U.S. Fighters Killed by ISIS Are Finally Homeward Bound
BUSINESS

Twitter Faces Crucial Ad Test With Live NFL Broadcasts

Samsung Electronics Nominates Heir Apparent to Board as Shares Slammed
MARKETS

Wells Fargo Curbs Product Cross-Selling

Wall Street’s Insatiable Lust: Data, Data, Data
NUMBER OF THE DAY
$27 billion
The value of the crop-nutrient giant set to be created if Canadian fertilizer firms Agrium and Potash merge. The companies confirmed plans to join forces on Monday.
QUOTE OF THE DAY
Our punishment is being removed from society, not being denied medical care.
David Maldonado, an inmate at a Pennsylvania state prison, on filing a suit seeking access to a new class of drugs for hepatitis C. Thousands of convicted criminals have the infectious disease, and powerful new drugs are so expensive that rationing has been implemented at both the state and federal level.
TODAY'S QUESTION
Going back to our story above, what are your thoughts on the cease-fire in Syria? Send your comments, which we may edit before publication, to 10point@wsj.com. Please include your name and location.
—Compiled by Margaret Rawson
READER RESPONSE
Responding to yesterday’s question on how Islamic State’s communications have evolved, Jayne M. Stewart of New York wrote: “It would seem to me that they have ‘evolved’ back to the way things were done before the internet, cell phones, etc. Even the ‘encrypted chat-app’ messages would be similar to messages passed via radio and Morse code in days gone by. The question is—have we relied so much on technology that we don’t have people trained in the old methods of communication?” Jan Rogers Kniffen of Connecticut commented: “Organisms as simple as viruses and bacteria evolve rapidly to avoid ‘attacks’ from sophisticated drugs. If the intelligence community did not expect an organism as sophisticated as ISIS to evolve, they need a doctor or a scientist on their team. ISIS will continue to evolve to avoid damage as long as it exists, and it will just get better at it until it is eradicated...or wins.” And Paul Kahle of California said: “According to our president, the threat of terrorism is greatly reduced under his administration. And yet we have a very real and evolving terrorist threat that has, in the last seven years, shown a growing ability to strike all over the globe including here at home. His legacy, as he is portraying it, exists only in his mind: the reality for the rest of the globe is quite different.”
This daily briefing is named "The 10-Point" after the nickname conferred by the editors of The Wall Street Journal on the lead column of the legendary "What's News" digest of top stories. Technically, "10-point" referred to the size of the typeface. The type is smaller now but the name lives on.
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