Republicans Prefer War to the US Constitution and to Truth

Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ The yen was already sliding on Monday after Nikkei Asia reported that the sharp swing we saw in USDJPY in January was initiated by FX intervention from US Treasury Secretary Bessent not Tokyo, even if Washington, D.C. is open to coordinated forex moves if requested by Japan. FX traders took this as evidence that, contrary to previous conventional wisdom, Japanese authorities were prepared to allow the USDJPY to continue climbing on Jan. 23 and it was only...

Goldman: Fast Food's 'Bang For The Buck' Gains As Casual Dining Appeal Craters Goldman analyst Christine Cho has published her latest quarterly survey of 2,000 consumers for 1Q26, pointing to a softer restaurant environment. Muted demand backdrop suggests that the K-shaped economy continues to fester, with working-poor consumers still facing the greatest downward pressure. Respondents expect their visits to limited-service restaurants (LSRs), restaurants where customers generally order and pay at a counter, kiosk, drive-thru, or app, such as McDonald's, Burger King, Wendy's, Chipotle, CAVA, Sweetgreen, Panera, and others, to hold steady...

French Municipal Elections Provide Early Test For Le Pen's National Rally Ahead Of 2027 Presidential Race Takeaways France held the first round of municipal elections on Sunday in nearly 35,000 municipalities, serving as an initial indicator of political momentum ahead of the 2027 presidential election. Marine Le Pen’s National Rally (RN) is seeking to expand its limited local presence, with ambitions focused on southern cities such as Perpignan, Marseille, Nice and Toulon. Pre-vote polls suggested competitive races in key targets, but full first-round results and projections are emerging gradually after polls closed, with...