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Hollywood star Orlando Bloom is making another attempt to sell his longtime Malibu beach mansion—relisting the property at a big discount, just a few weeks after it was taken off the market.
US President Donald Trump arrives for a luncheon in the Rose Garden of the White House in Washington, DC, US, on Monday, July 6, 2026. Shawn Thew | Bloomberg | Getty Images President Donald Trump is headed to Turkey for a summit of the North Atlantic Treaty Organization, as the alliance is squeezed by Russia’s…
Does financial opening necessarily lead to currency internationalization? To study the competition between incumbent and rising powers under financial interdependence, we develop a model of asset demand with microfounded network effects. Search frictions with currency-specialized intermediaries generate distinct notions of liquidity at asset-market and currency-area levels, which jointly shape the trajectory of currency competition. In…
Prime minister Andy Burnham speaks to staff as he spends his first day working in the No10 North office in Manchester. Photo by Lauren Hurley / No 10 Downing Street UK prime minister Andy Burnham is prioritising devolution of powers across the country in an effort to boost regional and local governments. Now the UK…
Los Angeles Dodgers chairman Mark Walter during a press conference announcing a new partnership between the Los Angeles Dodgers and UNIQLO at Dodger Stadium in Los Angeles on Wednesday, March 25, 2026. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images Carvana shares are headed for a double-digit weekly loss as a federal…
Solana (SOL +1.05%) burns, or destroys, about 648 SOL per day in transaction fees as of early August. At the same time, it issues around 60,000 SOL each day, meaning that its supply inflates over time, diluting holders. A new proposal seeks to change that. Solana Improvement Document 553 (SIMD-0553), a proposed protocol change, would…
