currency

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The problem with cash

Feb 15, 2012
In his new book, "The End of Money," David Wolman explains why he advocates for the elimination of cash.
Posted In: currency, cash, dollar

Saving money on making money

Feb 13, 2012
In his new budget released today, President Obama said he wants Congress to let the Treasury Department use cheaper materials to mint our coins.
Posted In: federal budget, penny, currency

Economists: RMB internationalization good for U.S., global economy

Feb 7, 2012
Many fear that China's RMB is going to overtake the U.S. dollar as the world's most important currency. But some say the U.S. should encourage China to progress with the RMB internationalization.
Posted In: China, currency

Japan to agree on currency deal with India

Dec 27, 2011
After signing similar deals with China and Korea, this third move shows that Japan might be on its way back to prominence.
Posted In: Japan, asia, currency

China, Japan make currency deal

Dec 26, 2011
China and Japan announce plans to allow businesses to swap currency without dealing in U.S. dollars
Posted In: China, Japan, currency

Podcast: Extreme weather, much ado about mutton, and more shopping madness

Dec 26, 2011
An increase in extreme weather in 2011 has lead to one of the most expensive years for insurance claims. It's also turning out to be a record year for sheep rustlers on the lamb in the English countryside, where a record number of sheep have gone missing this year. Plus, China and Japan make a currency deal, Detroit girds for possible state takeover, and more top headlines from around the globe on this day after Christmas.
Posted In: shopping, weather, currency, soviet union

U.S. dollar strengthens against the euro

Dec 14, 2011
The U.S. dollar hits an 11 month high against the euro as questions remain about the ability to solve the debt crisis in Europe.
Posted In: euro, dollar, currency

Euro weakens, but just part of the economic picture

Dec 14, 2011
The euro has fallen to its weakest point against the dollar in almost a year. This helps American travelers to Europe -- but only if they can afford a vacation.
Posted In: euro, Dollar exchange rate, currency

The next global crisis: Currency wars

Nov 18, 2011
Author Jim Rickards discusses how currency wars affect everyday Americans and why intentionally lowering the value of currencies doesn't work.
Posted In: currency, Global Currency War

Be wary of high yields abroad

Nov 17, 2011
I have some money that I would like to place in a certificate of deposit to improve my return. Most of the U.S. banks I've looked at are offering 1.00% or less. However, some international banks -- most notably, Indian banks -- are offering around 9.00%. Is there a reason not to invest my money in an overseas institution when the payback looks so much better? Mark, Portland, OR
Posted In: CDs, currency, FDIC

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