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To Halt Yen’s Plunge, Japan Gets Ready to Sell Foreign Exchange Reserves Instead of Hiking Interest Rates. Won’t Work for Long. Markets Can Win this Battle

To Halt Yen’s Plunge, Japan Gets Ready to Sell Foreign Exchange Reserves Instead of Hiking Interest Rates. Won’t Work for Long. Markets Can Win this Battle

Rate hikes to keep up with the Fed would work. But the Bank of Japan still digs in its heels. Its balance sheet has shrunk for months though. By Wolf Richter for WOLF STREET. The Bank of Japan is now getting serious about propping up the yen with direct market intervention, after jawboning by the government and by …

To Halt Yen’s Plunge, Japan Gets Ready to Sell Foreign Exchange Reserves Instead of Hiking Interest Rates. Won’t Work for Long. Markets Can Win this Battle Read More »

Get ready for a food fight: High grocery costs are here to stay

Get ready for a food fight: High grocery costs are here to stay

That message has been loud and clear in recent ad campaigns put out by Republican candidates and PACs. A recent commercial for Rep. Don Bacon, a Nebraska Republican, features the congressman grilling miniature burgers, which he calls “Biden burgers.” Attack ads targeting Democrats from the Congressional Leadership Fund, a House Republican-endorsed PAC, feature backdrops of …

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Samsung Galaxy Watch 5 Pro Watch face

Samsung Galaxy Watch 5 Pro review: Ready for adventure

Samsung Galaxy Watch 5 Pro The Galaxy Watch 5 Pro is a powerful wearable that refines Samsung’s smartwatch formula with a stronger build, longer battery life, and new fitness tracking features, while continuing to deliver a user-friendly interface and a comprehensive app suite. While several exciting new launches on the horizon could challenge the status …

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person listening to music and dancing

4 Top Bargain Stocks Ready for a Bull Run | The Motley Fool

Even with the economy in a precarious position and the stock market off its highs, plenty of businesses are still executing at a high level. Despite this, they remain well off their all-time highs and are primed to provide investors solid returns over a long-term holding period (three to five years). Here are some stocks …

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2 Top Metaverse Stocks Ready for a Bull Run | The Motley Fool

2 Top Metaverse Stocks Ready for a Bull Run | The Motley Fool

The metaverse is supposed to be a groundbreaking concept that’s going to change the way people interact with each other, connecting our virtual avatars in 3D virtual worlds from the comforts of our homes, offices, or anywhere with devices such as headsets or smartphones. Third-party estimates forecast that the metaverse could become an $800 billion …

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Pfizer's Updated Covid-19 Booster Will 'Likely' Be Ready in Early Fall, CEO Says

Pfizer’s Updated Covid-19 Booster Will ‘Likely’ Be Ready in Early Fall, CEO Says

Text size Albert Bourla. Win McNamee/Getty Images Pfizer will “likely” be able to deliver its newly updated Covid-19 vaccine in the early fall, CEO Albert Bourla told Barron’s on Thursday. What is more, the so-called next-generation Covid-19 vaccines that Pfizer  said Wednesday it had begun testing could be ready to submit for regulatory authorization in …

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Apple Had M1 Mac Pro Ready to Ship Months Ago, Mac Mini Redesign Unlikely

Apple Had M1 Mac Pro Ready to Ship Months Ago, Mac Mini Redesign Unlikely

Apple had a Mac Pro featuring the M1 Apple silicon chip ready to ship and launch to customers “months ago,” but has ultimately decided to wait for the “M2 Extreme” ‌Mac Pro‌ later this year, Bloomberg’s Mark Gurman has revealed. In an interview with YouTuber Max Tech, Gurman said that Apple likely held off on …

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Texas’ fragile grid isn’t ready for crypto mining’s explosive growth

Texas’ fragile grid isn’t ready for crypto mining’s explosive growth

Even though energy-hungry Bitcoin mining companies have volunteered to power down in Texas this week to alleviate the stress placed on the grid by a searing heatwave, the industry could still trigger more problems down the line if it continues its explosive expansion in the state. Higher electricity bills and even more carbon dioxide emissions …

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