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US dollar weakens sharply against the Japanese yen after market interventions

US dollar weakens sharply against the Japanese yen after market interventions

The U.S. dollar weakened sharply against the Japanese yen on Monday after both Washington and Tokyo confirmed they had jointly intervened in currency markets, a rare coordinated move that sent the dollar tumbling from near

Politics
New California law expands DNA tools for missing persons investigations

New California law expands DNA tools for missing persons investigations

A new California law is expanding the state’s use of DNA technology in missing persons investigations, giving authorities another tool to identify unknown people and revisit unresolved cases. Gov. Gavin Newsom, a Democrat, signed the

Investing
Market Creation Has Been Having a Moment. Now Comes the Hard Part (SSIR)

Market Creation Has Been Having a Moment. Now Comes the Hard Part (SSIR)

For nearly a decade, development finance institutions have talked about creating markets rather than just funding individual deals. The International Finance Corporation unveiled its Creating Markets strategy back then, framing it as a distinctive approach

Investing
Jim Cramer says the market has warmed up to Big Tech’s AI spending. Here’s what flipped the switch

Jim Cramer says the market has warmed up to Big Tech’s AI spending. Here’s what flipped the switch

Wall Street has long wrestled with a fundamental question regarding the current artificial intelligence boom: when does all this massive spending actually turn into profit? For months, investors viewed the staggering budgets of big tech

Investing
State Fair says it’s here to stay, investing millions in new Fair Park headquarters

State Fair says it’s here to stay, investing millions in new Fair Park headquarters

The State Fair of Texas is making a permanent statement about its future in Dallas with the construction of a brand new administrative headquarters right in the heart of Fair Park. With a price tag

Investing
Sam Altman reveals the investing advice billionaire Peter Thiel gave him that’s led to a $3.3 billion net worth

Sam Altman reveals the investing advice billionaire Peter Thiel gave him that’s led to a $3.3 billion net worth

Sam Altman may be the face of OpenAI, but surprisingly, his massive personal fortune has nothing to do with the artificial intelligence giant. Despite leading one of the most valuable startups in history, Altman famously

Investing
JPMorgan Chase to invest $750 billion in increasing the U.S. housing supply and homeownership

JPMorgan Chase to invest $750 billion in increasing the U.S. housing supply and homeownership

JPMorgan Chase has unveiled an ambitious plan to pour 750 billion dollars into the United States housing market over the next decade. This massive commitment, which runs through 2035, aims to tackle the growing shortage

Investing
Redefining The Bottom Line: Impact Investing and Spiritual Capital

Redefining The Bottom Line: Impact Investing and Spiritual Capital

For decades, the world of high finance has operated under a rigid divide between making money and doing good. To many, profit and purpose were seen as opposing forces, but Jenna Nicholas is spending her

Investing
Investors are buying Ohioans’ unpaid property tax debts, with 18% interest

Investors are buying Ohioans’ unpaid property tax debts, with 18% interest

Investors from Omaha to Chicago are snapping up tens of millions of dollars in delinquent property tax debts from Ohio county treasurers, giving them the right to collect on liens plus interest rates as high

Investing
What’s Your Plan if the Next Market Pullback Lasts Years, Not Months?

What’s Your Plan if the Next Market Pullback Lasts Years, Not Months?

With the stock market trading near record highs and the S&P 500 having more than doubled from its October 2022 lows, investor confidence is soaring. Many believe the bull market will charge on indefinitely, fueled