Economy
Fed on the Brink: Treasury Secretary Bessent Pushes for Deeper Intervention to Bolster Yen, Challenging Warsh’s New Fed Era
Treasury Secretary Scott Bessent is actively lobbying for the Federal Reserve to expand its…
China’s AI Boom Confronts Wall Street’s Demand for Transparency, Posing Old Investor Risks
Despite China's significant AI breakthroughs, foreign investors remain hesitant due to Beijing's opaque policy…
Big Tech’s AI Bets Are Inflating Earnings, Masking True S&P 500 Growth
Big Tech's substantial investment gains from private AI companies like Anthropic and OpenAI, along…
Yen Intervention: Will Japan and U.S. Joint Action Sustain Currency Strength?
Japan, with U.S. backing, has intervened in currency markets to support the weakening yen.…
