Currency

A Stock Market Held Hostage by the Dollar

Michael Pento | Posted 12.18.2008 | Business


Michael Pento

In today's artificial and perverse global economy the best short term medicine for the ailing markets would be a weakening U.S. currency

Iran Considers Lopping Zeros Off Currency

AP | ALI AKBAR DAREINI | Posted 10.02.2008 | Business


TEHRAN, Iran — Iran is considering lopping three to four zeros off its currency, a top official said Monday, in an apparent effort to fight out-...

Zimbabwe Devalues Currency; 10B becomes 1 dollar

AP | ANGUS SHAW | Posted 08.07.2008 | Business


HARARE, Zimbabwe — Zimbabwe announced Wednesday that it is knocking 10 zeros off its hyper-inflated currency _ a move that turns 10 billion doll...

Gasoline Gift Cards: How Americans Invent Money

Viviana A. Zelizer | Posted 07.24.2008 | Business


Viviana A. Zelizer

A woman was arrested for accepting a $100 gas card from a man in exchange for sex. Gas cards are a tangible reminder of American inventiveness when it comes to money.

New Color $5 Bills Come Out Today

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


WASHINGTON — Abraham Lincoln is getting a little color in his cheeks. New $5 bills bearing the gaunt visage of the nation's 16th president _ but...

Euro, Yen Climb Against Dollar

AP | MATT MOORE and YURI KAGEYAMA | Posted 03.28.2008 | Business


FRANKFURT, Germany — Widespread concern about the outlook for the U.S. economy pushed the euro to a new record and the yen to 12-year highs agai...

Dollar Rebound in 2008: A Fairy Tale?

Eben Esterhuizen | Posted 03.28.2008 | Business


Eben Esterhuizen

Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?

Experts: Don't Fear The Weak Dollar

CNN/Money | David Ellis | Posted 03.28.2008 | Business


Concerns about the weak dollar are mounting. But even as the greenback sinks to new lows against the euro and other global currencies, some experts sa...

Dollar Falls to Record Low Against Euro

AP | MATT MOORE | Posted 03.28.2008 | Business


NEW YORK — The dollar fell against most major currencies on Wednesday, including a new low against the euro, which fetched $1.55, as skepticism ...

Paulson Not Big Penny Fan

AP | MARTIN CRUTSINGER | Posted 03.28.2008 | Business


WASHINGTON — A penny for your thoughts? Treasury Secretary Henry Paulson thinks the answer to that question should be not much. In fact, if he h...

"Euros Accepted" Signs Invade New York

Reuters Via USA Today | Posted 03.28.2008 | Business


In the latest example that the U.S. dollar ain't what it used to be, some shops in New York City have begun accepting euros and other foreign currency...

Euro-Wielding Shoppers See U.S. As "Fabulous Discount Mall"

New York Times | KATE HAMMER, JULIA WERDIGIER | Posted 03.28.2008 | Business


Margaret Dragonette arrived in New York last week -- three nieces, a cousin and loads of empty luggage in tow. By the time Ms. Dragonette, an administ...

Zimbabwe To Introduce New Currency As Record Inflation Continues

Al Jazeera | Posted 03.28.2008 | Home


Zimbabwe is to introduce a new currency by the end of the year in an attempt to control the country's extreme rate of inflation, the governor of the c...