Here's Why

Japan and the United States carried out their first joint currency intervention in 15 years to prop up the yen. It's the latest in a series of moves by Tokyo to boost its currency, which recently hit its weakest level in 40 years against the dollar. So why is the US getting involved, and will more action be necessary? Our Executive Editor for Asia Markets Paul Dobson joins St...

China's Coast Guard has become one of the world's largest maritime law-enforcement agencies. Its fleet of more than 600 vessels is a key part of Beijing's maritime strategy, routinely patrolling disputed waters and clashing with ships from neighboring countries. So why is China using the Coast Guard, rather than the navy, for these missions? Our China defense reporter Josh Xi...

Kevin Warsh wants to be a quieter kind of Federal Reserve Chair. His first statement leading the rate-setting committee was half the length of the previous one from his Jerome Powell. He's no longer placing a dot on the chart of interest rate projections, and wants a task force to overhaul the central bank's communication. What does the Fed saying less mean for markets and mo...

In 2025, Australia introduced a world-first ban on under-16s accessing social media. At least a dozen other countries are planning similar measures, backed by parents worried about the harmful effects platforms can have on their children. While the effectiveness of age-related bans is still unclear, policymakers are stepping up pressure on tech companies. Bloomberg Opinion co...

Around the world, governments are pouring more than two trillion dollars into defense. The money is flowing, but the results are mixed. Bloomberg Economics's Defense Lead Becca Wasser joins Stephen Carroll to explain why.

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