Japan spent nearly 9.8 trillion yen on currency intervention the past month, the Ministry of Finance said Friday, confirming it stepped into the foreign exchange market for the first time since 2022.
First there were the supply-chain snarls of the pandemic economy, then the crush of excess demand from government stimulus programs. The Federal Reserve’s final hurdle for wrestling inflation back down to its target will be getting the broader public to believe that...
Bill Ackman is planning to take his investment firm public as soon as next year, the boldest move yet by the hedge-fund manager to capitalize on his social-media fame.
“Pass-through voting” is on the rise this proxy season, thanks to new fintech tools. It is perfectly suited for an era in which ESG and “anti-ESG” movements politicize everything.
