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US Currency

Can We All Just Agree That Pennies Are Stupid And Need To Be Retired?

The Huffington Post | Nick Wing | Posted 12.15.2014 | Politics

No. No, we can't, for some reason. While the one-cent, once-copper coin doesn't have the purchasing power it used to, Americans still have a hard t...

$1,000 Bill Sets New World Record At Auction

The Huffington Post | Ryan Grenoble | Posted 04.30.2013 | Business

Good day: cashing in on a $1,000 note. Great day: cashing in a $1,000 note for $2.5 million. That's how much a $1,000 United States Treasury note f...

LOOK: What's So Special About This Nickel?

The Huffington Post | Posted 01.14.2013 | Business

One of the oldest U.S. nickels in existence is worth way more than just five cents. A 1792 nickel, one of the first coins ever minted, sold for $1....

LOOK: An Actual $100,000 Bill

The Huffington Post | Harry Bradford | Posted 01.11.2013 | Business

It's not always about the Benjamins, baby. When it comes to cash, many of us believe the $100 bill, graced with Ben Franklin's face, is king. Not s...

Chipotle Busted For Cheating Customers Out Of Pennies

Posted 08.29.2012 | Small Business

Bank of America may round your bill up and put the change in your savings account, which seems good, but what if your favorite restaurant was tacking ...

Billions Of Lost Iraq Cash Finally Accounted For

The Huffington Post | Harry Bradford | Posted 12.27.2011 | Business

As the decade-long Iraq conflict finally comes to close, so too does the mystery of a stockpile of American cash worth billions lost during the war. ...

10 Fascinating Facts About U.S. Currency

Wallet Pop | Vickie Passmore | Posted 05.25.2011 | Business

We work for it. We wish for it. We save it. We spend it. We gain it. We lose it. Above all, we need it. Yes, money certainly does make the world go ro...

Money Laundering: Zimbabweans Wash Dirty US Dollars With Soap, Water

AP | ANGUS SHAW | Posted 05.25.2011 | World

HARARE, Zimbabwe — The washing machine cycle takes about 45 minutes – and George Washington comes out much cleaner in the Zimbabwe-style l...

Rep.Rep. Kent Lambert: Colorado Should Stockpile Precious Metals

Colorado Springs Gazette | Tom Roeder | Posted 05.25.2011 | Denver

At hearing Tuesday in Denver, a General Assembly committee will debate a plan by a Colorado Springs Republican to plow the state's savings account int...

Arab States Have Launched Secret Moves To Stop Using U.S. Currency For Oil Trading

The Independent | Posted 05.25.2011 | World

By Robert Fisk | The Independent In the most profound financial change in recent Middle East history, Gulf Arabs are planning - along with China, Rus...

Obama: Currency, Trade Deficit fails to breach China's greatest wall: the price of its currency

guardian.co.uk | Tania Branigan | Posted 05.25.2011 | Business

Speaking before his meeting today with the Chinese premier, Wen Jiabao, he told reporters that the American relationship with China was deepening beyo...

BRIC: Emerging Economic Powers Meet In Russia -- Western Powers Not Invited

nytimes.com | CLIFFORD J. LEVY | Posted 05.25.2011 | World

MOSCOW Leaders of some of the world's most powerful economies gathered Tuesday to discuss how they can exert more control over the global financial s...

Roubini: China's Renminbi Will Likely Overtake US Dollar As World Currency

New York Times | NOURIEL ROUBINI | Posted 05.25.2011 | Business

THE 19th century was dominated by the British Empire, the 20th century by the United States. We may now be entering the Asian century, dominated by a ...

Local Currencies: Communities Printing Own Money To Keep Cash Flowing

Huffington Post/USA Today/Detroit News | Compiled by Katharine Zaleski | Posted 05.25.2011 | Business

UPDATE: USA Today's reporting on local currencies gives the impression that this is a NEW phenomenon born from the recession. Rather, many of these...

Another GOP Rep. Signs Onto Bachmann Conspiracy Theory

The Washington Independent | Posted 05.25.2011 | Politics

I was just talking to Rep. Pete Hoekstra (R-Mich.), who's leaving Congress to run for governor of Michigan, about his proposed Parental Rights Amendme...

Michele Bachmann: Obama Might Abandon The Dollar

The Plum Line | Posted 05.25.2011 | Politics

GOP Rep Michele Bachmann, who is quite the colorful character, wants an answer: Is Obama secretly in favor of getting rid of the dollar and replacin...

Should The World's Reserve Currency Yield Zero Percent

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

We must grow the economy by empowering the private sector. I would have hoped by now we learned that inflation doesn't solve anything.

If We're Going to Spend, Now's the Time To Do So

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

I agree that given the severity of the current situation, massive government spending is pretty much our only hope right now. But arguing that it is a certainty is unwise.

US, China Headed For Possible Clash Over Currency

AP | JOE McDONALD | Posted 05.25.2011 | Business

BEIJING — China's chief trade envoy urged Washington on Thursday to stabilize its economy and protect Beijing's U.S. investments as the two side...

Rising Prices Stoke Inflation Fear

Washington Post | Neil Irwin | Posted 05.25.2011 | Business

Prices have been soaring long enough and fast enough, economists say, that the nation is at risk of a self-reinforcing cycle of inflation like that ex...

Euro, Yen Climb Against Dollar

AP | MATT MOORE and YURI KAGEYAMA | Posted 05.25.2011 | 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...

Experts: Don't Fear The Weak Dollar

CNN/Money | David Ellis | Posted 05.25.2011 | 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...