Japanese Yen Crosses 160 Per Dollar Again After Japan’s Record Intervention

The Japanese yen crossed the 160-per-dollar line again on June 5, weeks after Japan reported ¥11.7349 trillion in foreign exchange intervention operations to support the currency. The move shows how U.S. dollar strength, Japan’s still-lower interest rates, and energy-market pressure are testing Tokyo’s ability to slow yen weakness.

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Politics & Worldwide Affairs Harry Negron Politics & Worldwide Affairs Harry Negron

Trump IRS Settlement Bars Audits of Past Tax Claims, DOJ Addendum Says

A new Justice Department addendum says the United States is “forever barred” from pursuing certain past tax claims, examinations and reviews involving President Donald Trump, his family and affiliated businesses. The language is sweeping, but DOJ says it applies to existing and past matters, not future tax returns.

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