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Japan’s Higher Rates Hit Borrowers, Shift Investments
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— 2d
Japan’s move away from near-zero interest rates is raising costs for student-loan borrowers and other households, while making Japanese investors less inclined to seek returns abroad and potentially adding pressure to overseas bond markets. Inflation expectations remain widespread: nearly nine in 10 households expect prices to rise over the next year, despite a slight dip in the latest survey.
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Twitter Adds Fact-Checking Feature to Some of Trump’s Tweets
Reporting
— May 26, 2020
Twitter is taking action to address what the company says is “potentially misleading information” in some of President Donald Trump’s tweets. “There is NO WAY (ZERO!) that Mail-In Ballots will be anything less than…
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Fed Cuts Interest Rates to Near Zero, Coordinates With Other Central Banks to Combat Coronavirus
Reporting
— Mar 15, 2020
The U.S. Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore up the U.S. economy amid the rapidly escalating global coronavirus pandemic. In a…
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