Japan Says It Counts Three Consecutive Days Of FX Intervention As One

US Job Growth Revised Lower By 79,000 In Annual Benchmark Estimate In our preview of today's preliminary benchmark revision of US jobs - published by the BLS 'conveniently' just as Kevin Warsh started to speak - we said that according to Goldman calculations, for the first time in 3 years and just the second time since 2018, the BLS was going to revisedpayrolls modestly higher "based on the nine months of data released since the last benchmarked period, March 2025." Specifically, Goldman's economists expected "a preliminary upward revision on the order of 50-450k which...

A Social Media Ban For Minors Requires Data From Everyone Authored by Luke Nelson and Mike Campbell via The Epoch Times, In debating a social media ban for minors, it appears we face a choice between two perceived harms. One is the reported damage that social media is doing to the mental health of children and adolescents. The other is the normalization of mass age verification systems—most likely involving biometrics—that would apply to everyone, not just minors. This carries real risks of privacy invasion, data breaches, and future mission creep. There is little...

Massachusetts Sues UnitedHealthcare Over Alleged $100 Million Fraud Authored by Sylvia Xu via The Epoch Times, Massachusetts sued UnitedHealthcare on May 29, alleging the company defrauded the state’s Medicaid program by making seniors appear sicker than they were to secure higher payments. The company contracted with MassHealth to provide a Senior Care Options—which combines Medicare and Medicaid benefits into one plan—for seniors aged 65 and older. UnitedHealthcare allegedly received more than $100 million in fraudulent payments from MassHealth between 2015 and 2025, Massachusetts Attorney General Andrea Joy Campbell stated in the complaint. UnitedHealthcare, a...