Developing storylines
the narratives behind the headlines
- •Smithsonian chief Lonnie Bunch plans to retire after Trump administration criticism.
- •Smithsonian secretary Lonnie Bunch III announced he will retire by year’s end amid sustained friction with the Trump administration.

- •Japanese government bond yields surge to multi-decade highs on rising Bank of Japan rate-hike bets, widening gaps with US yields and pressuring the yen.
- •Bessent warns currency traders not to bet against yen