- Reuters
UPDATE 1-Japan's FX intervention signals 160 yen line in the sand, says ex-official
Japanese authorities likely intervened in the currency market to signal they see 160 yen to the dollar as their line in the sand, Columbia University academic and former finance ministry executive Takatoshi Ito told Reuters on Thursday. "Intervention is effective if conducted in a timely manner," said Ito, who is an associate of former Bank of Japan Governor Haruhiko Kuroda and retains close contact with current Japanese policymakers. Japanese authorities are suspected of having stepped into the foreign exchange market at least twice this week to prevent sharp and economically debilitating declines in the yen.
- NBC Sports Boston
Jayson Tatum: ‘It's lazy' to say teams can out-tough Celtics
After a chippy series with the physical Heat, Jayson Tatum had a strong response to those who have questioned the Celtics' toughness.
- Business Insider
Wall Street needs a new rhyme for 'sell in May and go away'
Fundstrat's Tom Lee crunched the numbers and found that since 1985, "May has been a surprisingly good month" for the stock market.
