Dollar Rebound in 2008: A Fairy Tale?
Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?
Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?
CNN/Money | David Ellis | Posted 03.12.2008 | 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...
Raymond J. Learsy | Posted 03.07.2008 | Business
The New York Times article informs us that we, and our dollar, are primarily to blame for the current vertiginous oil prices.
Eben Esterhuizen | Posted 03.03.2008 | Business
Financial firms have so far announced losses totaling around $160 billion, and rhere is more bad news to come and central bankers know it.
Robert Weissman | Posted 03.03.2008 | Business
The article emphasizes that the success of U.S.-based multinationals is not doing much to help the U.S. economy, by the measures that matter most.
Martin Varsavsky | Posted 03.01.2008 | Business
If trends continue the talk will not be about petrodollars anymore but about peso dollars and how the US joined the rest of Latin America as a nation unable to rise above its financial troubles.
Financial Times | Krishna Guha | Posted 02.27.2008 | Business
The dollar fell to a fresh record low against the euro on Wednesday as Ben Bernanke signalled that the Federal Reserve is likely to cut interest rates...
AP | MATT MOORE | Posted 02.27.2008 | Business
BERLIN — The euro climbed to a record high of $1.5057 in early European trading on Wednesday as sentiment increased that the U.S. Federal Reserv...
Washington Post | Robin Shulman | Posted 02.24.2008 | Business
"Euros Only" reads a handmade sign in Billy's Antiques & Props on East Houston Street in Manhattan. But that's really just an attention grabber. A...
Chris Weigant | Posted 12.28.2007 | Politics
OK, here we go with Part 2 of my annual McLaughlin Awards. Last week's column covered the first half of these awards. Unfortunately (as of this writi...
Chris Weigant | Posted 11.28.2007 | Business
The real worry is that other countries will decide the dollar is a bad bet altogether, and either stop buying them or dump all their dollar reserves on the open market to exchange them for something more stable... like Euros.
AFP | Posted 11.26.2007 | Business
The euro crept higher on Monday after striking a series of historic peaks close to 1.50 dollars last week as dealers worried about the health of the U...
Hale "Bonddad" Stewart | Posted 11.18.2007 | Business
OPEC is getting paid in a continually devaluing currency, which no one wants.
German Press Agency Via Raw Story | Posted 10.08.2007 | Business
Finance ministers from the 13 countries using the EU's single currency called Monday for "adjustments" on global currency markets, saying the weakness...
Washington Post | Nell Henderson | Posted 09.22.2007 | Home
Oh, the amazing shrinking dollar. The U.S. currency tumbled last week to a record low after the Federal Reserve cut interest rates, continuing the do...
Tina Fey graces the cover of the January issue of Vanity Fair, and in an...
Via ThinkProgress, in an interview with NewsMax, President Bush's brother Jeb...
President Bush let it all out today during an interview with ABC News' Charlie...
Governor Palin Neglects Alaska Duties for Partisan Stumping on Campaign Trail...
The following is Part I of Sean Penn's piece, Mountain of Snakes (Read Part II here) The
Last week, Black Friday heralded the unofficial kickoff of the 2008 winter holiday...
Reuters has a Q&A with John Travolta to promote his animated film "Bolt." At the end, they ask him...
President-elect Barack Obama announced Monday that Robert Gates would remain as...
After a 12-day hiatus, Sarah Palin stepped back into the spotlight on Monday to...
NEW YORK — Rush Limbaugh has seldom been a fan of...
WASHINGTON — The Bush administration backed off proposed crackdowns...
CHICAGO — Almost one in five young American adults has a personality disorder that interferes...
Dear President-elect and Mrs. Obama: I know that the greening of the White House...
Eben Esterhuizen | Posted 03.12.2008 | Business