The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its purchase of Japanese government bonds.The central bank left short-term rates unchanged at between 0% to 0.1% at the end of its two-day policy meeting, as widely expected.But notably, the bank…

Anyone with half an eye on the housing market over the last two decades will know that in many countries, not least the United States, it’s become much more difficult to buy a home. But a new report sums up the feeling of many potential home buyers by creating a…

Innovative Industrial Properties (NYSE:IIPR) has been a big winner and I can understand the temptation to sell. The company has executed strongly over the last several years, working through issues with troubled tenants and along the way dispelling fears about the true value of its real estate portfolio. The company…

Tesla shareholders have voted both to reapprove a pay package for chief executive Elon Musk once valued at $56bn and to reincorporate the electric-vehicle maker in Texas, handing him significant victories as he seeks to reassert control over the company.The preliminary results, announced at Tesla’s annual meeting in Austin on…

A Texas man was arrested Thursday for threatening one of the FBI agents involved in the federal investigation into Hunter Biden, the Justice Department said. Timothy Muller, 43, is charged with making interstate threats and influencing, impeding or retaliating against a federal official. If convicted, he faces up to 10 years…

NEW DELHI (Reuters) – India’s stock exchanges have cut the daily share trading limits for digital payments firm Paytm to 10%, from 20%, after a $2 billion rout in the stock following a regulatory crackdown on the company’s banking unit. The new 10% limits will be applicable from Monday, the…

By David Lawder WASHINGTON (Reuters) – The U.S. and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with talks to create a transtlantic marketplace for minerals and other components, the EU’s top trade official said on Tuesday. European…

By Hari Kishan and Sarupya Ganguly BENGALURU (Reuters) – A resurgent dollar is more likely to stay strong than not over the coming months, according to foreign exchange strategists polled by Reuters, as markets reassess how soon the Federal Reserve may cut interest rates. Bucking a brief downward trend that…

MOSCOW (Reuters) – The potential confiscation of Russian assets by Western governments would send a strongly negative signal to other central banks and would gradually undermine international finance, Russia’s Central Bank Governor Elvira Nabiullina said. The European Union on Monday adopted a law to set aside windfall profits made on…

One of my favorite reads this year has been Michael Easter’s Scarcity Brain. In chapter four, “Why We Crave More,” he describes how we’re hardwired to think that having more—food, money, what have you—makes us safer. To illustrate the point, Michael uses the example of Dr. Leidy Klotz playing Legos…