Yen Hits 160 to the Dollar
The Japanese yen briefly hit a new 34-year low of 160 against the dollar, on waning expectations for near-term rate increases from the Bank of Japan.
The Japanese yen briefly hit a new 34-year low of 160 against the dollar, on waning expectations for near-term rate increases from the Bank of Japan.
Egypt offered a new proposal for a truce between Israel and Hamas in which some Israeli hostages would be released in exchange for Palestinian prisoners and a three-week cease-fire.
Biden spoke with Netanyahu to reiterate U.S. concerns about a widespread invasion of Rafah and discuss prospects for a deal.
Individual U.S. states, invoking grassroots American distrust of the Chinese Communist Party, are taking action to block Chinese land purchases, factory plans and research in their jurisdictions.
Biden again called on Vladimir Putin to release Wall Street Journal reporter Evan Gershkovich from a Russian jail during a black-tie gala in Washington.
TikTok failed to avert a sale or ban of its operations in the U.S. in part due to tectonic shifts in U.S.-China relations and coordinated, stealthy efforts by the app’s critics on Capitol Hill.
Some donors have threatened to pull support from universities over mounting pro-Palestinian protests. But private gifts are just one of the ways schools can be funded. Former Northwestern President Morton Schapiro breaks down the complex financials of higher education.
Elon Musk met senior Chinese officials in Beijing as he pushes for approval to introduce Tesla’s advanced driver-assistance technology to its biggest overseas market, where it has been losing ground to homegrown electric-vehicle makers.
Traders will get a new look at the prospects for interest-rate cuts at the conclusion of the Fed’s Wednesday meeting, potentially modifying investors’ anxiety about what is next for the stock market.
Energy-guzzling artificial intelligence has become the new driver of growing demand for renewable electricity, but supply can’t keep up.
Restaurants in California are raising menu prices after the state increased the minimum wage for workers in the fast-food industry.
Employees are back on the road again, driving business travel closer to prepandemic levels despite the availability of remote-work tools.
There has been a lack of sustained follow-through selling in the U.S. bond market of late, but the levels of support may collapse if the Fed pushes back hard on rate cut expectations, Oxford Economics said.
Hong Kong’s Hang Seng Index rose in early trade, led by health and property stocks.
JPY weakened against other G-10 and Asian currencies in the morning session as traders continue to test Japanese authorities’ resolve to curb JPY’s recent depreciation.
Oil fell in early Asian trade as inflation concerns offset geopolitical risks.
Gold prices were lower in early Asian trade as expectations of rate cuts by the U.S. Fed fade.
The collapse of hospitals and rescue services means many now die in obscurity.
We’re thinking about productivity at work all wrong, Cal Newport says. But how do we tell the boss that?
The 31% increase in the value of the insurer’s new business prompted it to increase its payout to shareholders and announce additional share buybacks.
TPG Telecom will pay Optus about $653.2 million to use its rival’s mobile infrastructure in regional Australia after regulators blocked an earlier plan to share with Telstra.
The president reiterated concerns about a full-scale Israeli attack on Rafah, a refuge for one million Palestinians.
The storied Hollywood company behind ‘The Godfather’ faces its biggest battle yet as Shari Redstone’s merger plans collide with shareholder fury and a CEO on the outs.
Policies should be based on peer-reviewed research.