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State Business and Economy News

Japans currency falls to its weakest since 1990 against the dollar as the yen keeps yelping | KLRT [Video]

NEW YORK (AP) Some of the worlds wildest action in financial markets is roiling around the Japanese yen. The value of Japans currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. []

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USA Economy and Markets

John Passalacqua on First Phosphate Meeting the Demand for Battery-Grade LFP Cathode Active Material [Video]

Passalacqua also discussed the competitive edge of lithium iron phosphate (LFP) batteries in the market, particularly their role in reducing costs for electric vehicles and stationary energy storage, aligning with the Inflation Reduction Act in the United States. He highlighted the strategic importance of this for First Phosphate, stating, “We are rapidly positioning to meet North American LFP battery producers’ needs for battery-grade LFP cathode active material from a consistent and secure supply source.”

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Breaking News

Elon Musk is able to point investors towards the future: CIO Kim Forrest – Video

Kim Forrest, founder and chief investment officer at Bokeh Capital Partners, joins BNN Bloomberg to discuss Tesla’s quarterly earnings and outlook for the tech sector. She says Gen AI should not be the only focus for investors, and picks Intel (INTC NASDAQ) as one of the potential long term winners in the AI race. She also explains why she favours Urban Outfitters (URBN NASDAQ) as a company that understands its customer very well.