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The US has helped pull Japan’s yen out of a 40-year low. Why?

Finance & Markets

The US has helped pull Japan’s yen out of a 40-year low. Why?

Only days ago, the Japanese yen’s descent showed no signs of stopping, having already dropped to a 40-year low. But by Monday morning – after a rare intervention on the currency’s behalf by Tokyo and Washington – it surged as high as 155.23 per US dollar, its strongest level since early May, according to Chinese financial data provider…

Lit Hub Daily: August 3, 2026

Culture

Lit Hub Daily: August 3, 2026

Carly Mattox considers Jennette McCurdy’s Half His Age and reckons with the long literary history of age gap relationships. | Lit Hub Criticism What should your kids read this August? Try one of these 1o new children’s books. | Lit Hub

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