Wall Street Journal July 11 Review, US Stocks Hit New Highs! Private Equity's $300K Salary War Shakes Banking Industry

Wall Street Journal's July 11 coverage shows S&P 500 and Nasdaq hitting record highs while labor market weakness reveals economic complexity. Private equity firms aggressively poach young bank employees with $300K salary gaps triggering talent wars; Trump threatens 50% tariffs on Brazil and 35% on Canada, showing politicization of trade policy; Hermès Birkin prototype sells for record $10.1 million; AI chatbot Grok's malfunction raises tech ethics concerns; Texas floods expose inadequate US disaster warning systems. Corporate strategies focus on cost control, tech innovation, and supply chain security.