Global rice shortage is set to be the biggest in 20 years
Economy

Global rice shortage is set to be the biggest in 20 years

Bowl of white rice at Bamboo Sushi restaurant in San Ramon, California, January 23, 2022.Gado | Archive Photos | Getty ImagesFrom China to the U.S. to the European Union, rice production is falling and driving up prices for more than 3.5 billion people across the globe, particularly in Asia-Pacific – which consumes 90% of the… […]

Beyond Kyoto: Japan recommends 11 lesser-known spots to visit
Economy

Beyond Kyoto: Japan recommends 11 lesser-known spots to visit

Japan wants travelers to go beyond the country’s iconic tourist sites — and consider spending their yen in lesser-known locations.The government-backed Japan Tourism Agency selected 11 destinations as part of a “model tourism” project to get “high-value-added” inbound travelers to visit different parts of the country, according to a press release.The 11 destinations vary from… […]

Bitcoin rises as investors seek a global safe haven amid shutdown
Economy

Bitcoin rises as investors seek a global safe haven amid shutdown

Bitcoin ticked higher on Wednesday while most other risk assets fell after U.S. lawmakers failed to reach a government funding agreement, leading to a shutdown. The move showed the evolving view of the cryptocurrency to a store of value during dysfunctional geopolitical times, not unlike gold, which rose to a record on Wednesday. The flagship […]

Beverly Hills surgeon sues Medtronic for patent infringement
Economy

Beverly Hills surgeon sues Medtronic for patent infringement

Michael Siluk | Education Images | Universal Images Group | Getty Images Dr. Shirin Towfigh thought she had designed a medical device that would revolutionize hernia care for women. Now, Towfigh is suing Medtronic, a global leader in medical devices, accusing the company of stealing her patented design. A Beverly Hills surgeon with over 22 […]

10-year Treasury yield is little changed after tame inflation report
Economy

10-year Treasury yield is little changed after tame inflation report

The 10-year Treasury yield was little changed Wednesday as investors assessed a key inflation reading that came in as expected. The yield on the 10-year Treasury climbed less than 2 basis point to 4.451%. The 2-year Treasury yield fell about 7 basis points to 4.275%. One basis point is equal to 0.01%. Yields and prices […]