IJR News — today's news from every side
+8 Nicole Hardy Wonder how much more ammo they have left if the yen keeps sliding, can't sell reserves forever without consequences.+6 Nicole Hardy Kind of wild that the size of the FX Stabilization Fund is still a mystery. You'd think after a $20B move like this there'd be more disclosure.Pakistan Regains B Rating Following S&P Upgrade x/pakistani — Jul 22, 2026 S&P Global Ratings upgraded Pakistan’s long-term sovereign credit rating to B from B- with a stable outlook, crediting stronger institutions, sustained IMF-backed reforms, improved fiscal discipline, and a sharp rise in foreign exchange reserves to about $25.3 billion, boosting external financing capacity. The upgrade, welcomed by the government, is expected to boost international investor confidence, support continued growth and reform momentum, and open up new financing opportunities as Pakistan pursues a stronger fiscal stance in the coming years. +3 Costco's Q4 sales rise 11.3% to $93.9 billion as digital sales outpace overall growth x/costco — Sep 3, 2026 Costco reported August net sales of $23.70 billion, up 9.9%, with 16-week fourth-quarter net sales at $93.9 billion, rising 11.3% and total comparable sales up 8.4%, led by a 9% U.S. gain, 4% in Canada, and about 9.5% in other international markets, while digitally enabled sales climbed roughly 18-20%. Excluding gasoline and foreign-exchange effects, overall comps rose about 5.4% (U.S. 5.6%, international 6.8%), with the company operating 939 warehouses (647 in the U.S./Puerto Rico and 115 in Canada) and digital channels continuing to drive growth. +8
