A Stock Market Held Hostage by the Dollar
In today's artificial and perverse global economy the best short term medicine for the ailing markets would be a weakening U.S. currency
In today's artificial and perverse global economy the best short term medicine for the ailing markets would be a weakening U.S. 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-...
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...
Viviana A. Zelizer | Posted 07.24.2008 | Business
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.
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...
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...
Eben Esterhuizen | Posted 03.28.2008 | Business
Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?
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...
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 ...
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...
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...
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...
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...
Michael Pento | Posted 12.18.2008 | Business