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Yen Jumps On Report Of BOJ "Rate Check" But It's "Too Little Too Late"
Yen Jumps On Report Of BOJ "Rate Check" But It's "Too Little Too Late"
Update: (12:40pm ET)
The Bank of Japan, not to mentioned Scott "the House" Bessent, have been most displeased with the yen plunge following today's BOJ rate hike, and so they once again do what they do pretty much every other week now: intervene in the market.
As we said earlier (see below) when we predicted that some sort of central bank intervention was inevitable, the yen pared declines on Friday after Japan's Nikkei newspaper reported that the Bank of Japan...
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May 19, 2026 / Tyler Durden
Primaries Held In 6 States: What To Watch
Primaries Held In 6 States: What To Watch
Today, voters in Georgia, Kentucky, Alabama, Oregon, Pennsylvania, and Idaho head to the polls for several primary elections that will affect key gubernatorial, House, Senate, and statewide contests ahead of the November midterms.
The Epoch Times' Jackson Richman gives us the lay of the land;
Kentucky
There are a few competitive races in the Bluegrass State.
The most closely watched race is in the state’s Fourth Congressional District, where incumbent Rep. Thomas Massie (R-Ky.) faces retired Navy SEAL Ed Gallrein. President Donald Trump endorsed Gallrein after criticizing Massie...
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Jul 2, 2026 / Tyler Durden
Building Codes For Energy Conservation Can Increase US Home Costs By $14,000: DOE
Building Codes For Energy Conservation Can Increase US Home Costs By $14,000: DOE
Authored by Naveen Athrappully via The Epoch Times,
States that adopt the updated 2024 International Energy Conservation Code could see building costs for a typical single-family home go up by $14,000, the Department of Energy (DOE) warned on June 26.
The International Energy Conservation Code (IECC) is a model code developed by the Washington-based International Code Council (ICC) for setting minimum energy efficiency requirements for commercial and residential buildings.
While the ICC doesn’t mandate its code, states and local jurisdictions...
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May 11, 2026 / Dave DeCamp
US Nuclear-Armed Submarine Arrives in Gibraltar in Rare Public Display
A US nuclear-armed submarine arrived in Gibraltar on Sunday in a rare public acknowledgment of the location of one of the covert watercraft, a move seen as a veiled threat against Iran. “A US Navy ballistic missile submarine arrived in Gibraltar, May 10, 2026. The port visit demonstrates US capability, flexibility, and continuing commitment to […]
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