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Dollar May Rebound if Japan Denies Intervention
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WSJ Dollar Index Falls 0.14% to 99.67
The dollar gave back gains made earlier on April’s unexpectedly high PPI inflation, with the WSJ Dollar Index settling down more than 0.1%.The Wall Street Journal - World -
U.S. Dollar Falls as Market Awaits CPI Data
The big issue for the U.S. inflation outlook is if producers manage to pass rising costs on to consumers, Brown Brothers Harriman said ahead of the April CPI data release.The Wall Street Journal - World -
Biden, Trump head to Southern California in June for big-dollar fundraisers
Trump will headline Beverly Hills and Newport Beach events. Biden will attend a downtown L.A. fundraiser with former President Obama, actors George Clooney and Julia Roberts.Los Angeles Times - Entertainment - California -
Revenue and rankings: Inside the multibillion-dollar industry shaping college admissions.
Critics say the enrollment-management sector has pushed colleges to prioritize money and school rankings at the expense of some students.MarketWatch - Business -
UN denies Gaza death toll of women and children has been revised down
Spokesperson says confusion results from Gaza health ministry’s new way of classifying those not yet fully identified. The UN has denied that the estimated death toll of women and children in the war in Gaza has been revised downward, pointing ...The Guardian - World - United Nations -
Hunter Biden gun trial to begin next month after judge denies bid to delay
President’s son, 54, charged with three offenses related to questions about drug use when buying firearm in 2018. Hunter Biden’s federal gun case is set to go to trial next month, a judge said on Tuesday, formally denying a bid by Biden’s lawyers ...The Guardian - World - Joe Biden -
NCAA president: 'A lot of work to be done' on potential settlement of multibillion-dollar antitrust lawsuit
Charlie Baker said settling the House v. NCAA lawsuit could soothe a number of issues as college athletics faces a new futureCBS Sports - Sports -
Japan's Sony reports surge in profit on strong sales of movies, games and music
Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and moviesABC News - Entertainment -
What Japan’s most profitable policy experiment can teach us
Shinzo Abe’s reform to the Government Pension Investment Fund holds lessons for ageing societies everywhereFinancial Times - World - Japan
More from The Wall Street Journal
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High Bond Yields Bode Well for Capital Appreciation
The elevated starting yields prevalent across much of the bond market bode well for capital appreciation, Pimco said, adding it favors intermediate maturities.The Wall Street Journal - World -
Oil Rises on Reports of U.S. Crude Inventories Draw But All Eyes Are on Inflation Data
Oil prices edged higher on reports of a larger-than-expected draw in U.S. crude inventories, but remained broadly under pressure on prospects of higher-for-longer rates due to sticky inflation.The Wall Street Journal - World -
U.S. Dollar Falls as Market Awaits CPI Data
The big issue for the U.S. inflation outlook is if producers manage to pass rising costs on to consumers, Brown Brothers Harriman said ahead of the April CPI data release.The Wall Street Journal - World -
YouTube Says It Will Block Protest Song in Hong Kong
The move came in response to a court order to ban the distribution of ‘Glory to Hong Kong,’ adding to fears of declining free speech as the authorities carry out a campaign against dissent.The Wall Street Journal - World - Hong Kong -
Hapag-Lloyd Lifts Lower-End of Guidance as Red Sea Situation Raises Rates
Hapag-Lloyd lifted the bottom-end of its full-year guidance range as the current situation in the Red Sea has tightened industry capacity, helping stabilize freight rates.The Wall Street Journal - World