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
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. After defending her undisputed women’s heavyweight title against Franchon Crews-Dezurn back in February, American boxer Claressa Shields drops in weight class to middleweight to challenge WBA and WBC champion Australian Kaye Scott. The bout
The next time you face adversity in your career—whether it’s a missed promotion, a difficult boss, or a deal that falls through—United Airlines CEO Scott Kirby has a simple but effective mantra: “No excuses.” “Once you learn that, it’s just so transformative to everything in life because then you pivot from feeling bad for yourself,
Good morning. The company Thomas Edison helped found in 1892 to light up the world is now betting its future on powering the AI age. As GE Vernova CEO Scott Strazik told me recently, “For us, our true north is to electrify the world. And if we electrify the world, we will decarbonize the world.”
Scott Bessent has some good news for consumers this morning: The K-shaped economy is officially over! Consumers on the lower end of the income spectrum are no longer being left behind by their richer counterparts, he insists. The Treasury Secretary said he is “sick of hearing about this K-shaped economy,” during a CNBC interview yesterday,
The stopwatch keeps ticking after “60 Minutes.” Sharyn Alfonsi and Scott Pelley were both named journalists-in-residence at Columbia University‘s School of Journalism Monday, a position that will be in place for the 2026-2027 academic term. The two former “60 Minutes” correspondents will work with students through lectures, workshops and special events, and they will each