Your Weekend Reading: This Is Where All the Rich People Live

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The IRS is trying to block New York and New Jersey from skirting the Republican tax overhaul deduction cap.

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What a difference a month makes. February’s U.S. payrolls data, the highlight for any eco-watcher, were truly bizarre, and the jobs growth number was a huge disappointment. For stock traders grappling with a record but gradual bull run, it capped a wretched week. But even if you knew exactly which stocks to pick a decade ago, it turns out that building the perfect portfolio may not have kept you from being fired.