PRESS DIGEST - Wall Street Journal - June 27
June 27 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
* The U.S. Supreme Court dramatically advanced gay rights in rulings that direct the federal government to provide equal treatment to same-sex spouses and allow the resumption of gay marriages in California. ()
* Sharp increases in long-term interest rates, triggered by Federal Reserve statements last week, threaten sales of homes, cars and other big-ticket items that have helped drive the U.S. economic recovery. ()
* The recent market turbulence threatens to disrupt private-equity firms' plans to sell stakes in their companies and possibly to put the brakes on a blistering pace of big paydays for their top executives and investors. ()
* Securities and Exchange Commission enforcement chiefs have drawn up a hit list of impending cases where officials intend to test their new policy of requiring admissions of wrongdoing when settling civil charges. () Continued...