The first U.S.-Japan joint intervention in three decades aimed at boosting the yen has come and gone without doing much to ease anxiety in currency markets. Treasury Secretary Scott Bessent’s notepad suggested the U.S. bought $5 billion-$10 billion worth of yen, while Japan’s move topped $50 billion. The exchange rate initially strengthened to about 157 yen per
This as-told-to essay is based on a conversation with Lawrence Guerguis, a 24-year-old based in Orange County, California, who started investing in real estate in the Midwest while still in college. The following has been edited for length and clarity. I always thought I’d go into investment banking and work on Wall Street. During my
ITN Productions has set “Nigel Farage: Where Does the Money Come From?”, a one-hour documentary examining the Reform U.K. leader’s finances, to air on 5, part of the Paramount Skydance Corporation, on Aug. 22. The documentary comes amid continuing scrutiny of Farage’s finances, following the Parliamentary Standards Commissioner’s investigation into gifts made to him and
Filmmaker Lilly Wachowski is working to get her next project, “The Hunted,” out of late-stage production. But the “Bound” and “Matrix” director says nobody in Hollywood wants to finance the thriller, which is budgeted at around $10 million, because of its trans representation. “People like it, but they really don’t want to make it because
Another former Uber executive is joining Travis Kalanick’s robotics and industrial AI startup Atoms, just a few weeks after it raised $1.7 billion. Gautam Gupta, the former finance chief under Kalanick, said in social media posts on Wednesday that he has joined Atoms as chief financial officer. Gupta spent more than four years at Uber
Two moves this week, on top of a deal struck earlier this year, point to the same shift: the giants of Wall Street (and Wall Street South) are now central to how American soccer builds toward its next decade. U.S. Soccer confirmed Monday that Mauricio Pochettino will remain the U.S. Men’s National Team head coach
