Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ

Trump: "Maybe We'll Have A Friendly Takeover Of Cuba" President Trump told reporters on Friday afternoon that the U.S. could pursue a "friendly takeover" of Cuba, a comment from the president that comes as his administration moves to secure the Western Hemisphere and intensifies pressure on the communist regime in Havana through a crude-oil blockade. "The Cuban government is talking with us. They're in a big deal of trouble, as you know. They have no money, no anything right now, but they're talking with us, Trump told reporters on the...

La-Z-Boy Crashes Most Since 2022 As Frozen Housing Market Crushes Sofa Demand La-Z-Boy shares suffered their steepest decline in 4.5 years on Wednesday after the furniture maker's second-quarter guidance missed expectations, providing even more evidence that weak housing turnover has suppressed demand for big-ticket discretionary goods such as sofas and recliners. With mortgage rates elevated and home prices near record levels, affordability remains severely stretched, keeping transaction volumes depressed, thus limiting replacement purchases that typically drive furniture demand. La-Z-Boy forecasted second-quarter sales of $475.7 million, down 3% from a year earlier and well...