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

The Wall Street Journal
Good morning,
Mexico Quake
A powerful 8.1-magnitude earthquake struck southern Mexico late Thursday, killing at least six people, damaging scores of homes and roads and setting off a series of small tsunamis. It rattled Mexico City, more than 400 miles from the epicenter, sending scared residents scurrying into the streets.

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Storm-Tossed
Welcome to the new—and rapidly evolving—world of presidential politics. President Trump has signaled he is open to more deals with congressional Democrats despite fellow Republicans’ anger over a bipartisan agreement yoking hurricane aid to an extension of the government’s ability to borrow. Originally proposed by Democrats, the package was passed by the Senate on Thursday in an 80-17 vote and now heads to the House, which is expected to vote Friday. It extends the government’s funding and its borrowing limit for three months while providing $15.25 billion in relief for Hurricanes Harvey and Irma. Irma is barreling toward Florida after leaving a trail of destruction across the Caribbean. We take a look at how Harvey swamped one of America’s biggest corporate hubs, and how the one-two punch of successive hurricanes is testing the post-Katrina overhaul of FEMA.
Credit Score
Credit-reporting company Equifax said Thursday that hackers gained access to some of its systems, potentially compromising the personal information of roughly 143 million U.S. consumers. The hack is second in size only to the pair of attacks on Yahoo disclosed last year, which potentially affected as many as 1.5 billion customers. The Equifax breach could prove especially damaging given credit-reporting companies’ gateway role in determining which consumers gain access to financing and how much they get. The attack differs, too, in that the attackers in one swoop gained access to several pieces of consumers’ information—names, Social Security numbers, birth dates and addresses—that could make it easier to commit fraud. Here are steps you can take to protect your data.
Home Base
Amazon on Thursday launched an unusual plan to establish a second corporate headquarters in North America, signaling its growth ambitions for the years ahead and setting off a battle among local and state governments. The new campus could result in Amazon’s investing more than $5 billion and creating up to 50,000 high-paying jobs, many in software development and most of them new. The plan for a second headquarters, which Amazon Chief Executive Jeff Bezos envisions as a full equal to the company’s Seattle campus, follows years of rapid growth. Cities from Toronto to Chicago to Denver said they would submit proposals in what is likely to be a fierce competition, with tax-incentive packages that could break records.
Is Football Dying?
The 2017 NFL season, which kicked off Thursday night with the Kansas City Chiefs upsetting the New England Patriots, will feature fewer commercials and better prime-time matchups in an effort to reverse declining ratings. We report that football faces an uncertain future at the high-school level, as well. The prevailing narrative in recent years is that the country’s most popular sport is under threat, primarily due to mounting concerns about safety. Nationwide, participation in 11-man high-school football has fallen for eight of the past 10 years. Our closer look at the data reveals a more nuanced picture, in which football in some states is more popular than ever. In sum, there is the SEC, and there is the rest of the country. And while boys are dropping the sport, more girls are stepping onto the gridiron.
TODAY'S VIDEO
Don’t Watch Alone
That Was Painless
“It” is the latest movie based on a book by Stephen King, an author whose stories have spawned more than 100 movies covering genres including horror, drama and sci-fi, beginning with “Carrie” in 1976.
TOP STORIES
U.S.

Education Department to Overhaul Process for Sexual Assault Cases

Americans Losing Faith in College Degrees, Poll Finds
WORLD

Mexico Expels North Korean Ambassador for Nuclear Tests

ECB Weighs Ending Stimulus as Fed Calibrates Its Easy Money Stance
BUSINESS

Eli Lilly to Cut 8% of Jobs, Invest More on New Drugs

Boeing, Airbus Look to Land Profits By Making Their Own Aircraft Parts
MARKETS

Three Dangerous Words for an Investor to Buy Into: Inflation Is Dead

The Momentum Is Seeping Out of Financial Stocks
NUMBER OF THE DAY
7%
The yuan’s gain against the dollar in 2017. The Chinese currency’s surge has blindsided Wall Street and stands to complicate Beijing’s effort to manage a slowdown in growth while strengthening ties to global markets.
QUOTE OF THE DAY
A naked person rides up to camp, hands you a newspaper out of their bike basket, and I think that is so cool.
Burning Man co-founder Michael Mikel on starting the counterculture festival’s first newspaper in 1992. Today Burning Man has not one but two newspapers—and they’re engaged in an old-fashioned rivalry.
TODAY'S QUESTION
Going back to our story above, what are your thoughts on the Equifax breach? 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 President Trump’s debt-ceiling deal with Democrats, Russ Hagberg of Illinois wrote: “I am encouraged that Mr. Trump is working with the Democrats, as the art of compromise is essential to getting things done in Washington, D.C. Mr. Trump has the opportunity to revise the tax code, strengthen the border and rebuild our infrastructure, but to do that he will need Democratic support. Let’s hope he can get it done.” Keith Ord of Maryland shared: “One of the reasons that Congress is held in such low esteem by the public is the game-playing with such political footballs as the debt ceiling. It is long past time for Congress to clear these toys out of the closet and focus on the major issues facing our nation.” Nancy Oliveira of California said: “The Republican Congress is a fragile coalition unable to govern. Mr. Trump decided to try his luck across the aisle. I can’t say I blame him.” And Bill Morrison of Pennsylvania weighed in: “As much as I want this to be a sign of bipartisanship from a president who is fed up with the lack of effectiveness of a polarized Congress, my gut tells me this is most likely just a result of his political inexperience. For now, though, I will look at the bright side: Houston is receiving much-needed financial relief while a partial government shutdown is avoided for at least another three months.”

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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