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The U.S. Treasury announced Wednesday that it will begin rolling out a new $1 coin featuring President Donald Trump's likeness. Treasury Secretary Scott Bessent says the coin is part of commemorations marking 250 years of American independence. Despite its gold-like finish, the Treasury says the coin contains no actual gold. Federal law prohibits the U.S. Mint from putting the likeness of a living person on currency, but Bessent says the new coins are permitted because they are commemorative. Th
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Japan's currency has dropped to its weakest level against the U.S. dollar in nearly four decades, piling fresh pressure on the country's economy. The yen slid to a 40-year low as rising U.S. Treasury yields boosted the dollar, with traders now watching closely for possible intervention from Japanese authorities to stabilize the currency. A weaker yen makes imported goods, fuel, and food more expensive in Japan, increasing the cost of living for households and businesses alike. #japan #news #worl
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