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Yen headed for strongest week in a month, dollar flat ahead of payroll data

The Japanese yen clung to its gains against the U.S. dollar on Friday and was on track for its strongest week in more than a month, as traders ramped up bets on a Bank of Japan interest rate hike and broader currency markets awaited U.S. payrolls data. The Japanese yen strengthened to as much as 155.25 per dollar in morning trade, just off the 155.20 high it hit last month after the July intervention. It later eased and was last flat at 155.71. The yen is now heading for a 2.5% gain this week, its biggest weekly gain since late July, when Japan and the U.S. conducted a rare joint interventi

Midterm mail ballots start to go to voters as litigation over Trump's order creates uncertainty

Japan budget requests swell to pandemic-era scale under Takaichi

Arts|Business|Economy|Environment|World

Brazil's Vale drops IPO plans for critical minerals unit, The Globe and Mail reports

Miner Vale SA is shelving plans for an IPO of its critical minerals unit amid political pushback in Brazil over the country potentially losing control over strategic mining assets, The Globe and Mail reported on Thursday, citing sources.The IPO of Vale Base Metals is on hold indefinitely but could be revived at a future date, the report said.Vale Base Metals Chief Executive Officer Shaun Usmar had told BNN Bloomberg Television in March that the company was working to get the business ready for a potential IPO by midyear.Vale said in a statement that it does not comment on market rumors and sp

Milei vows tougher sanctions, defense push over Falklands oil drilling

US official directs Fannie Mae, Freddie Mac to approve VantageScore for all lenders

Business|Economy|Finance|Stock Markets

Asian benchmarks mostly rise after tech stocks lead rally on Wall Street

Asian shares were mostly higher in early Friday trading, as regional market sentiment got a boost from the rally on Wall Street, mostly from big technology stocks. Japan's benchmark Nikkei 225 rose 0.6% in morning trading to 64,622.33. South Korea's Kospi gained 0.9% to 6,635.67. Australia's S&P/ASX 200 was little changed, slipping less than 0.1% to 9,011.80. Hong Kong's Hang Seng jumped 2.1% to 25,751.26, while the Shanghai Composite added 0.8% to 3,973.27. Stocks on Wall Street closed higher Thursday as a recent run-up in bond yields eased further and big t

Musk super PAC wades into US midterms with $800,000 for Republicans in close races

Asian shares climb ahead of US jobs data, Fed's Waller soothes bonds

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Election|Political|US

Missouri court blocks Trump-backed US House map and orders it to be put to a vote

The Missouri Supreme Court has unanimously blocked new congressional districts backed by President Donald Trump from being used in the November election and ordered a statewide vote on whether to uphold or reject the new map. The decision Thursday marks a rare setback for Republicans in a national redistricting battle. Republicans had hoped Missouri’s new congressional boundaries could help them win an additional seat and hold onto their slim House majority in the midterms. Missouri Attorney General Catherine Hanaway, a Republican, said she would immediately app

Election|Political|US

Trump asks Supreme Court to OK sweeping changes for mail ballots

President Donald Trump’s administration asked the Supreme Court on Thursday to give the US Postal Service sweeping power to withhold delivery of mail ballots, setting up an extraordinary showdown over voting at the high court less than two months before the November midterm election.The emergency appeal, which leapfrogged lower courts still considering the case, is the culmination of a monthslong legal fight over an executive order the president signed in March that gave federal agencies an unprecedented role in elections. Voter advocacy groups and a coalition of 23 Democratic-led states cha

Abdul El-Sayed meets with Black leaders in Downriver area for roundtable discussion

Lutnick apologizes for asserting that there ‘haven’t been American deaths’ from the Iran war

Business|Economy|Finance|Stock Markets|US

Rising Treasury yields could rattle US stocks as earnings season ends

U.S. stock investors are warily watching the rise in Treasury yields as a stumbling block for Wall Street's record-setting rally, with particular trouble seen if the benchmark 10-year yield jumps abruptly toward 5%.Higher bond yields pose a number of obstacles for stock performance. These obstacles include stiffer investment competition and pressure on equity valuations, as well as higher borrowing costs, which can eventually stymie economic growth.So far, rising yields have not inflicted serious damage on stock prices. The 10-year Treasury yield has risen over 80 basis points since the start

A love triangle and a witness: New details in Virginia stabbing death

GREAT FALLS, Virginia (WTOP) -- The man accused of fatally stabbing a woman last month in Great Falls, Virginia, told a witness he was going to kill the woman, according to a Fairfax County criminal complaint.Alexis Cedillos-Campos, of Herndon, was charged in the Monday, Aug. 17 stabbing death of 42-year-old Carmen Puch along Difficult Run Trail in Great Falls Park.Puch and Cedillos-Campos worked together at a restaurant in Herndon and had been involved for some time in an intimate relationship, according to the Fairfax County Police Department.The witness told police

Federal judge blocks Trump’s newest attempt to crack down on birthright citizenship

The Trump administration cut funds for natural hazards monitoring in Nepal

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Sports|World

A 30-game win streak for US on the line at the FIBA women's World Cup with France and others waiting

The FIBA women's World Cup begins Friday with the U.S. in search of a fifth consecutive championship. The Americans have won 30 straight games in the tournament, dating to a loss to Russia in the 2006 semifinals. They'll have a young group of players trying to extend that run led by Caitlin Clark, Angel Reese and Paige Bueckers, who are making their debuts in the event. It's not all youth for the U.S. as gold medal collector Breanna Stewart, who has already won three Olympic and three World Cup championships leads the squad. Who could challenge the

Fact check: Vance repeats Trump’s fictional ‘$19 trillion’ investment figure

President Donald Trump has for months been using a fictional economic figure. Vice President JD Vance echoed it on Thursday.Vance, listing the administration’s “wins” while speaking to reporters in the White House briefing room, claimed “we’ve seen $19 trillion of new investment come into the country.” But there is no basis for the “$19 trillion” number, which the White House has never been able to explain – and again failed to explain when CNN happened to inquire hours before Vance’s comments.When Vance spoke, the White House’s own website claimed there had been “$

'Supersized' El Niño may become strongest ever recorded, UN says

Nepal to rebuild early-warning system on China border after deadly flood, sources say

Sports|World

Messi to get mid-game tribute by soccer teams across Argentina after international retirement

Soccer teams across Argentina will pay tribute to Lionel Messi with a mid-game minute of applause during their next match following his decision to retire from international duty. Referees will pause play at the 10-minute mark of every match in the upcoming round of the Clausura tournament, as well as in other men's and women's leagues in Argentina, in appreciation of Messi’s career with the national team, the Argentine Football Association said late Wednesday. The 39-year-old Messi, who wore the No. 10 jersey for Argentina, announced on Monday he will no longer

Travel|World

USS Lincoln crew hits the streets of Thai beach city after lengthy Middle East deployment

Buses carrying crew members of the USS Abraham Lincoln aircraft carrier streamed into Thailand’s seaside resort city of Pattaya on Thursday, as part of a port call after a lengthy deployment to the Middle East. The Lincoln was supporting the U.S. war against Iran, and its deployment included a record-setting uninterrupted time at sea of more than 260 days. Its lengthy deployment drew concerns last month about deteriorating mental health among the crew as well as shortages of key food supplies aboard. The Navy downplayed any problems, and President Donald Trump co

With Japan tightening rules for foreign residents, some wonder if it’s time to say ‘sayonara’

60 targets struck, 18M barrels of oil protected: The US military’s record day in the Strait of Hormuz

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Arts|Political

Trump administration plows ahead with groundbreaking for the president’s ‘triumphal arch’

Business|Economy|Technology

What to expect from Friday’s jobs report – and AI in the future

Business|Political

Maria Bartiromo out at Fox News after more than a decade; no reason specified

Fox News Media has announced that Maria Bartiromo is no longer with the company

Environment|Political

Judge declares she’s ‘not the Lorax’ during hearing on Trump’s DC golf course renovation

Health|Political

GOP lawmaker gives expected timeline for Mitch McConnell’s return

Business|Economy

Trump turns to a dual economic and military approach in latest attempt to squeeze Iran

Confronted by an intransigent Iranian government that has refused to back down in the face of a massive military campaign, President Donald Trump appears to have settled on a dual-prong approach

Business|Economy|Science|Technology

Tesla keeps hyping robotaxis as its future. But it’s trailing rival Waymo in a field yet to prove profitable

Arts|Political

Trump administration says agencies may stop working with the Smithsonian

Arts|Education|Finance|Health|Travel

Is dumping a Cuban person in Africa ‘deportation’?

Business|Economy|Finance

Dutch central bank shifts billions in gold to London in 'crisis preparedness' move

The Dutch central bank has moved billions of dollars worth of its gold reserves from North America to London

California & Local

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Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls