Since the Bank of Japan's meeting in March, the yen has depreciated by 4.2%. This decline has been exacerbated by a stronger U.S. dollar, driven by persistent inflation in the U.S. Federal Reserve Chair Jerome Powell's recent statements indicate that interest rate cuts are unlikely in the near future, further influencing the dollar's strength.

Senator Bob Menendez recently questioned a Treasury Department official about efforts to combat illegal finance, raising concerns about foreign influence in the litigation finance industry. This inquiry comes as Menendez faces a bribery trial next month.

Seed Health, a biotech startup, has made waves by leveraging direct-to-consumer sales of microbiome science synbiotic supplements to achieve profitability.

The Indian bond market faces a significant sell-off, with nearly $2 billion in foreign funds withdrawn in April, linked to fears of high-interest rates and the U.S. Federal Reserve's policy decisions. This largest monthly outflow since May 2020 has raised concerns over the volatility and future of India's debt securities.

India confronts the challenge of a falling forex reserves amid global interest rate upheavals, with strategic interventions by the RBI to stabilize the national currency and foster economic stability.

Global family offices face soaring operating costs, averaging $3 million annually, driven by intense competition for top-tier investment professionals. The J.P. Morgan Private Bank report highlights the war for talent, with costs rising due to family offices growing in size and number, and shifting their focus to alternative investments.

The integration of artificial intelligence is radically transforming the pharmaceutical landscape, accelerating drug discovery and development. Strategic partnerships and AI-driven innovations are reshaping the journey from labs to patients with speed and precision.

Former US Treasury Secretary Lawrence Summers shares a critical viewpoint on the limitations of currency interventions in a recent episode of Bloomberg's 'Wall Street Week.' Despite Japan's massive efforts to strengthen the yen, Summers underscores the minor impact such measures have in light of overwhelming market forces and capital flow dynamics.

U.S. Treasury Secretary Janet Yellen signals cautious hope in the economy's direction, despite persistent housing challenges as reflected in a recent Bloomberg interview.

CNO Financial Group, a leading provider for middle-income Americans, announces a dividend boost that marks the twelfth year of continuous growth, signaling strong financial health and a commitment to shareholder value.