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Hello Kitty turns 50

Nov 1, 2024
Hello Kitty, the famous Japanese character, turns 50 today. She's earned billions for Sanrio, which created Hello Kitty and other cute characters. But it hasn't always been smooth sailing for the business.
The character is beloved by millions worldwide and has been the face of its parent company, Sanrio, for half a century.
John Keeble/Getty Images

Why investors backed away from carry trades this week

Aug 9, 2024
Investors are reminded why its risky to invest with borrowed money. Subscribe to get the "Make Me Smart" newsletter every Friday!

One week, three central bank meetings

Jul 29, 2024
In meetings this week, central bankers will consider cutting interest rates in the U.S. and U.K., while rate hikes could be on the table in Japan.

Foreigners find Japan's empty homes not empty of value

Jun 26, 2024
There are millions of empty homes in Japan. A growing number of immigrants are buying and renovating them.

For public good, not for profit.

Why would China sell off its U.S. debt — if that's what it's doing

Nov 7, 2023
There's a hot debate about what it's doing with its holdings, and the answer could affect how much it costs Americans to borrow money.
"We care about whether foreign governments or entities are buying U.S. Treasurys because it impacts the cost of borrowing in this country," said Jesse Wheeler of Morning Consult.
Mark Schiefelbein/POOL/AFP via Getty Images

Japan loosens its grip on long-term interest rates

Oct 31, 2023
The Bank of Japan’s "yield curve control policy" could be on its way out as central banks around the world raise rates to beat inflation.

Why the U.S. isn’t concerned that Japan might act to prop up its currency

Sep 20, 2023
The U.S. isn’t usually thrilled when a country intervenes in its own currency. But boosting the yen is likely to help Japan’s economy, which could help the U.S. in turn.