Jerome Powell, the embattled chairman of the Board of Governors of the U.S. Federal Reserve, appears before a House committee in Washington on June 24.
BUSINESS / Markets
Jul 16, 2025
Wary that Fed chief may be ousted, investors protect portfolios from inflation risk
A Fed chief warmer to cutting rates could have a mixed effect on equities but could weaken the U.S. dollar, increase volatility in the Treasurys market and raise longer-term rates.
Tokyo stocks are underperforming shares in other large markets globally.
BUSINESS / Markets
Jul 15, 2025
Tokyo stocks hit by a perfect storm of tariffs, politics and budget worries
The Nikkei 225 is down about 6% from its peak, hit in July 2024.
Bottles of Chianti at the international wine and spirits fair Vinitaly in Verona, Italy, on April 6
BUSINESS / Markets
Jul 15, 2025
Italy's Chianti wine makers eye South America, Asia amid U.S. tariff threat
Italy currently exports more wine to the U.S. than any other country, but producers are increasingly looking to diversify amid the trade uncertainty.
Trading volumes in dollar-yen call options, which gain in value if the yen depreciates against the dollar, more than doubled those of put options on July 11.
BUSINESS / Markets
Jul 14, 2025
Yen traders revamp option bets ahead of Japan election
Expectations that the election outcome may pave the way for additional fiscal stimulus have already started to drive long-term Japanese yields higher.
A container ship in Cebu City, the Philippines. The Philippines  sent some $14.1 billion of goods to the U.S. last year.
BUSINESS / Markets
Jul 10, 2025
Trump unveils new tariff rates, including 50% levy on Brazil
Trump cited the treatment of Jair Bolsonaro — Brazil's former populist president — calling on authorities to drop charges against him over an alleged coup attempt.
U.S. President Donald Trump (center) with Secretary of State Marco Rubio (left) and Defense Secretary Pete Hegseth at the White House on Tuesday
BUSINESS / Markets
Jul 9, 2025
Trump vows no tariff extension and hardens threats on copper and drugs
The U.S. president stresses he would not offer additional extensions on country-specific levies set to now hit in early August.
Maria Tyabut shows off the food stored in her new Chinese-made refrigerator while her husband Sergei Duzhikov holds their 8-month-old daughter, Yekaterina, at their apartment in the Moscow suburb of Mytishchi on June 17.
BUSINESS / Markets
Jul 7, 2025
Sanctions? No big deal, say middle-class Russian couple
They drive a Chinese car, vacation in Venezuela and buy "Camembert" cheese made in Russia.

Longform

In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
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