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President Biden visits the UK ahead of this week's Key NATO Summit,

plus deflation fears mount in China while the US contends with the long,

potentially divisive battle in the quest to keep prices in check.

You'll have one camp saying, look, we've got inflation down without having to really crush the labor market.

You could have other people saying, well, we're just one negative shock away from inflation going back up,

and after all the work that we've done to bring inflation down, we can't stay here.

And a journal investigation unarts a hidden health hazard in miles of toxic lead cables abandoned across America.

It's Monday, July 10th. I'm Luke Vargas with the Wall Street Journal,

and here is the AM edition of What's News, the top headlines and business stories moving your world today.

President Joe Biden has kicked off a four-day visit to Europe.

He is in the UK today for meetings with Prime Minister Rishi Sunak and King Charles III

before heading on to a key NATO summit in Lithuania.

Wall Street Journal White House reporter Andrew Ristusha is traveling with the president

who he says has several priorities for this week's meetings as NATO attempts to maintain

support for Ukraine and expand to include Sweden.

What you'll hear from the White House and the president and many other major NATO allies

is the word unity. But below the surface, there are some simmering tensions, some simmering disagreements.

One of the main ones is over Sweden's membership to NATO, Hungary, and Turkey opposed that membership

for separate reasons, but the gist of it is that they're standing in the way of Sweden entering.

...