Breaking News
Why did the U.S. buy Japanese yen?Hint: It involves inflation and the interest rates that are paid by consumers and businesses.Listen to this article00:0000:00Treasury Secretary Scott Bessent in the Oval Office on July 21.Aaron Schwartz / Bloomberg via Getty ImagesAug. 3, 2026, 2:50 PM EDTBy Rob WileThe U.S. Treasury Department’s decision to intervene to support…
The U.S. Treasury Department’s decision to intervene to support Japan’s currency last week may seem bizarre: Why would American policymakers care what happens to another country’s money?
Just a moment.
We are getting your experience ready.
Original source: https://www.nbcnews.com/business
A major circuit blew at the Philadelphia facility that controls air traffic to Newark Liberty International, Teterboro and Philadelphia airports Monday — causing widespread delays and cancellations to thousands of flyers on the East Coast. Dozens of planes were left idling for hours on runways…
A former lawyer who stormed into an Ohio restaurant and aimed a handgun at his ex-wife last April was sentenced to up to 24 ½ years in prison on Monday. Matthew Exton, 43, was convicted of two counts of attempted murder and two counts of…
The California’s attorney general’s office announced a settlement Monday resolving a 12-state legal challenge to Paramount Skydance’s $110 billion merger with Warner Bros. Discovery, clearing a key hurdle for the transaction. The merger would join together two historic film studios (Paramount Pictures and Warner Bros.…
