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The Hedge Fund Toolkit Behind the Yen Intervention
US Treasury Secretary Scott Bessent’s move to prop up the yen was as surprising as its impact was fleeting. By Monday, the yen lost half of its gains…
14 hours ago
Our Town Chapter 1: Sometimes You Find Silver
Oh, the things you can find with an inquisitive mind – and a metal detector.
Today we’re bringing you Chapter 1 of Our Town, a limited-run series from…
4 days, 6 hours ago
The Situation at Situational Awareness
Situational Awareness, a hedge fund run by a 24-year-old hailed as “Nostradamus of AI”, swelled to $45 billion in assets until a mix of highly levera…
4 days, 13 hours ago
Introducing: Our Town
When new neighbors move into Gainesboro, Tennessee, a small town at the foothills of Appalachia, locals are confused. Who are these self-proclaimed p…
4 days, 22 hours ago
The $19 Billion Menopause Economy
For generations, women have struggled to access information about menopause and how best to treat its symptoms. Social media and the rise of teleheal…
5 days, 14 hours ago
Why a Weak Yen Is America’s Problem
As the Japanese yen hit a 40-year low against the US dollar, Japan's government stepped in to support its currency. And it has a powerful ally in US …
6 days, 15 hours ago
Big Oil’s Big Wartime Profits
US crude prices fell below $80 for much of the day Monday as oil traders factored in a potential deal to reopen the Strait of Hormuz. But even as rep…
1 week ago
Weekend Listen: Why Private Credit Got Entangled With Insurance
Insurers have quietly become a major driver of the private credit boom, with numerous private equity shops striking deals with insurance companies or…
1 week, 1 day ago
The Future of the Democratic Party Runs Through Michigan
The path to the future of the Democratic Party — and to the White House in 2028 — may well run through Michigan. The state’s upcoming Democratic prim…
1 week, 3 days ago
‘Skimpflation’ Could Be the Sneakiest Consumer Grift
From margarine to chocolate treats, some brands are swapping in cheaper ingredients to save money on their most beloved products. It’s a trend known …
1 week, 4 days ago