Good morning.

Right here’s what it’s good to know:

Trump’s views on wall have “advanced,” Kelly says

• “Construct that wall!” — a rallying cry to bodily shield the U.S. border with Mexico — was a central message of President Trump’s marketing campaign. However his promise to take action was not “totally knowledgeable,” the White Home chief of workers, John Kelly, privately informed members of Congress on Wednesday.

The feedback had been an uncommon occasion of a chief of workers undercutting the president. However Mr. Trump has lately begun to mood his personal statements on the problem, telling lawmakers final week wall wouldn’t be wanted on the complete 2,000 miles of the border, as some components are impassable.

At a gathering with members of the Congressional Hispanic Caucus, Mr. Kelly additionally expressed confidence deal might ultimately be reached to protect protections for the immigrants generally known as Dreamers.

Trying to find a mole

• It was a life-or-death name. In 2013, federal brokers took a calculated danger and allowed a former C.I.A. officer with categorized info in his baggage to return to Hong Kong.

The brokers, our behind-the-scenes look reveals, hoped that by watching patiently, they may piece collectively how China had decimated a U.S. spy community.

5 years later, the officer, Jerry Chun Shing Lee, has been arrested on the identical cost of possessing categorized info that he would initially have confronted. Nevertheless it’s nonetheless not clear if he spied for China.

Olympic détente attracts tepid U.S. response

• North and South Korea’s settlement on Wednesday to march underneath one flag on the Winter Olympics subsequent month is a robust gesture. Nevertheless it complicates President Trump’s technique for coping with Pyongyang.

Warning that the last word objective of the North’s chief is to rid the Korean Peninsula of American troops, the White Home welcomed the 2 nations’ announcement however performed down its significance.

North and South Korea may even discipline a joint girls’s hockey staff on the Video games, which start Feb. 9.

A migration coverage on trial

• After Germany opened its doorways to greater than 1,000,000 migrants two years in the past, crimes involving migrants or asylum seekers have stoked German insecurities.

A latest lethal stabbing involving a teenage Afghan migrant and his German former girlfriend has turn into Exhibit A for these arguing that the migration coverage has elevated violent crime.

“The paradox is that Germany remains to be a really protected nation, a lot safer than even a couple of years in the past,” one criminologist mentioned. “However the notion is the other.”

“The Each day”: Making the most of habit

• Getting clear has turn into a profitable enterprise. However the demise of a affected person in California has raised questions on what it means to prosper from disaster.

Pay attention on a pc, an iOS gadget or an Android gadget.


Apple is bringing its a reimbursement. The corporate plans to repatriate a majority of the $252 billion in money that it held overseas, capitalizing on the brand new tax legislation.

Fed up with drug shortages and excessive costs, a gaggle of hospitals is creating its personal nonprofit drug firm.

4 high-profile restaurateurs who’ve been accused of sexual harassment have stepped away from their empires. However for the businesses, the exhausting half lies forward.

China’s financial development seems to be robust. Perhaps too robust.

The implausibly clean numbers reported by the federal government have prompted specialists to search for different methods to evaluate the world’s second-largest economic system.

President Trump introduced his long-promised “Faux Information Awards” on Wednesday. The Instances “gained” two.

U.S. shares had been up on Wednesday. Right here’s a snapshot of world markets at present.

Smarter Residing

Ideas, each new and previous, for a extra fulfilling life.

Do you have to purchase Bitcoin? Ask a distinct query first.

Keep in mind the following tips to combat forgetfulness.

Recipe of the day: Make Hunan beef at house.


“Imaginative and prescient, chutzpah and a few testosterone”

The Instances editorial board has been sharply important of the Trump presidency. Within the spirit of open debate, it requested his supporters to make their greatest case for him after his first yr in workplace. Listed here are their letters.

Tomorrow, we’ll current letters from disillusioned Trump voters and from readers reacting to at present’s letters and to The Instances’s determination to supply this platform.

Past the Bitcoin bubble

Sure, it’s pushed by greed — however the mania for cryptocurrency might construct one thing way more essential than wealth. The Instances Journal explains.

The bubble is deflating, nevertheless. For a time on Wednesday, the value of Bitcoin dipped under $10,000.

Did Rembrandt paint … you?

Museum guests have been looking for their artwork twins, and a Google app has helped the development explode.

Better of late-night TV

Samantha Bee addressed the latest claims in opposition to Aziz Ansari: “We all know the distinction between a rapist, a office harasser and an Aziz Ansari,” she mentioned. “That doesn’t imply we now have to be pleased about any of them.”

Citation of the day

“North Korean propaganda is in a class all its personal. It isn’t shocking that North Korea is sending extra cheerleaders and musicians than athletes.”

Michael Anton, a spokesman for the Nationwide Safety Council, on the announcement of a thaw between North and South Korea for the Winter Olympics.

The Instances, in different phrases

Right here’s a picture of at present’s entrance web page, and hyperlinks to our Opinion content material and crossword puzzles.

Again Story

Double your cash in simply 90 days.

That’s what Charles Ponzi, who died 69 years in the past this week, promised traders. Ultimately, Ponzi swindled greater than $15 million in 1920, the equal of about $190 million at present.

Charles Ponzi, whose title turned synonymous with a sure sort of get-rich-quick scheme.Credit scoreBettmann, through Getty Photos

The trickery took Ponzi’s title, because the headlines famous 10 years in the past when Bernard Madoff defrauded purchasers of greater than $50 billion. However the unique scheme centered on postal notes.

Ponzi took benefit of worldwide postal reply coupons, which allowed clients in a single nation to purchase a voucher redeemable for stamps overseas.

The thought was that Ponzi’s firm would take traders’ , use them to purchase overseas postal coupons, convert every coupon right into a 5-cent stamp, and convert the stamps into money.

However the plan was a fraud.

As a substitute, Ponzi collected the cash and paid off his traders whereas ready for one more inflow of money. Tens of millions of started arriving each week.

Ponzi’s scheme was ultimately uncovered, and he later died in a charity hospital in Brazil, with solely $75 to his title.

Remy Tumin contributed reporting.


Correction: An image caption with Wednesday’s briefing misidentified the designer of a stained-glass ceiling in a Mexico Metropolis resort. He was Jacques Gruber, not Louis Consolation Tiffany.

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