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Japanese yen weakens to fresh 38-year lows; top currency diplomat replaced
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MarketWatch - Business
A financial markets ‘mystery’: The Japanese yen’s slide is upending a once-reliable relationship
The yen weakens as the spread between Japanese bonds and U.S. Treasurys moves in Japan’s favor. -
Yahoo News - World
No EU mandate for Hungary's Orbán to visit Russia, top diplomat says
Russia -
ABC News - World
Japanese man sentenced to 17.5 years in prison, 20 strokes of the cane in Singapore
A Japanese hairstylist has been sentenced to 17.5 years in prison and 20 strokes of the cane in Singapore this week for what the judge described as a “brutal and cruel” sexual assault and rape of a drunk student five years ago -
The Wall Street Journal - World
Some top players in Hollywood's reliably Democratic donor class are looking to replace Biden as the party's candidate, and other moneyed benefactors are divided about the president's capacities and prospects.
Some top players in Hollywood’s reliably Democratic donor class are looking to replace Biden as the party’s candidate, and other moneyed benefactors are divided about the president’s capacities and prospects.Joe Biden -
MarketWatch - Business
2-year Treasury yield ends at almost three-week low after ISM data offers signs of waning U.S. growth
Treasury yields finished lower on Wednesday for a second straight session after the Institute for Supply Management’s index of services businesses produced its lowest reading since the height of the pandemic in May 2020. -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
The Hill - Politics
There is no grand plan to replace Biden
The establishment media spent the entirety of the Trump administration telling us what the president was really like behind the scenes. But during the Biden administration, they haven’t seemed remotely interested in what the president is like ...Joe Biden -
The Wall Street Journal - World
The WSJ Dollar Index Falls 0.2% to 100.25
The WSJ Dollar Index was down 0.2% to 100.25 — down for two consecutive trading days. -
The New York Times - World
Israel’s Repeated Evacuation Orders Take Toll on Already Weakened Gazans
The latest order, which the United Nations estimated affects about 250,000 people, was the largest since October, the U.N. said.Israel -
The Hill - Politics
Supreme Court’s weakening of public corruption safeguards sparks alarm
Ethics and legal experts warn that the Supreme Court has struck a serious blow to prosecutors’ ability to crack down on the abuse of power and public corruption. And that’s ringing alarm bells when Donald Trump, who was convicted in May by a ...
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CNBC - Business
Friday's jobs report expected to show slowing payroll gains as concern rises about broader economy
Economists surveyed by Dow Jones expect June to show growth of 200,000, down from the 272,000 reported for May. -
CNBC - Business
Disney heiress, wealthy Democratic donors say they won't finance the party until Joe Biden drops out
President Joe Biden faces a rebellion from wealthy Democratic donors after his debate performance against Donald Trump.Joe Biden -
CNBC - Business
Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears
Cryptocurrencies plunged on Friday as investors get anxious about the planned payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox.Crypto -
CNBC - Business
Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK
As Labour takes power in the U.K., experts weigh in on whether the change in government will impact stocks, bonds, the British pound and property markets. -
CNBC - Business
Novo Nordisk shares shrug off concerns over study linking weight loss drugs to rare eye condition
Novo Nordisk investors appeared unperturbed Thursday by a critical Harvard report that linked weight loss drugs to a rare eye condition.