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U.S. Charges 4 Chinese Military Members In Equifax Breach

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The hackers stole the names, Social Security numbers and other personal information of tens of millions of Americans from the credit reporting agency’s database.

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Jeff Bezos Pledges $10 Billion To Fight Climate Change: ‘We Can Save Earth’

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The Amazon chief executive and richest man in the world announced that he would be launching the Bezos Earth Fund on Instagram.

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Delta CEO On Airline Seat Controversy: People Should Ask To Recline

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Ed Bastian wades into the debate fueled by the viral video of a woman reclining on a flight and a man repeatedly punching the back of her seat.

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Newsletter: Tame Inflation, Surging Coronavirus, German Stagnation

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This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here.

The Price Is Right

U.S. inflation remains subdued. A key gauge of consumer prices—which excludes volatile food and energy components—climbed 2.3% from a year earlier in January, led by rising costs for housing and medical services. Will inflation remain tame? Ian Shepherdson, chief economist at Pantheon Macroeconomics, said housing and medical care would likely put upward pressure on core prices in the coming months: Those categories “have to be watched very closely. They are much more important than the prices of TVs and T-shirts.” Still, the larger inflation picture remained muted and officials at the Federal Reserve appear more concerned about soft than strong price gains, Amara Omeokwe reports.

Happy Valentine’s Day! Housing and medical aren’t the only sectors with some inflation pressure—and you might notice if you head out for a romantic dinner tonight. Restaurant prices climbed 3.1% in January from a year earlier, matching the fastest annual increase since 2009. That outpaced a 0.7% increase for dining at home and a 2.5% advance in overall prices for the same period. Food-industry analysts and restaurant executives cite the

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