Yen’s Relentless Slide Showcases Fed’s Grip on Global Markets

A grim reality is setting in for Japanese authorities as the yen plunges through milestone levels in rapid succession: The slide won’t stop until the Federal Reserve relents on its higher-for-longer policy path. And they have no control over that.

Micron’s 65% Surge Puts Lofty AI Expectations Front And CenterBlackstone Mulls Options for $5 Billion ConsultancySri Lanka, Official Creditors Agree Final Debt Restructure DealsKen Griffin Makes Largest Gift in Chicago Since Departing for MiamiMcDonald’s Says Plant-Based Test in Two Key US Cities FailedShale Executives See Takeovers Squeezing US Oil ProductionUS New-Home Sales Slump to Slowest Pace Since NovemberLula Cements Brazil Central Bank’s Switch to Continuous CPI Target​Younger...

9%, Raising Bar for July CutMicron’s 65% Surge Puts Lofty AI Expectations Front And CenterModerna RSV Vaccine Efficacy Sinks Over Time, CDC Documents ShowBill Gates Says AI Will Advance Green Tech, Offsetting Its EmissionsGates’ Climate VC Firm Turns Sights to the Developing WorldCosmetic Ozempic Use Under Fire in Europe Amid Drug ShortagesSri Lanka, Official Creditors Agree Final Debt Restructure DealsKen Griffin Makes Largest Gift in Chicago Since Departing for MiamiBoeing-Lockheed Rocket...

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