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Does it make cents to get rid of the penny?

Jun 30, 2023
They clog our couches and streets, and they buy less than they cost to make. But they hold value for our national identity.
People treat the penny as if it's worthless, yet the currency continues to stand the test of time.
Max Zolotukhin/Getty Images

Cryptocurrencies' collapse follows 2017 run, regulation threats

Nov 20, 2018
Down from its 1,400 percent rise in 2017, bitcoin is now trading at less than $5,000 — a sharp decline for what some once hoped was a new and promising asset that could excite institutional investors. Instead, many traders were just trying to make a quick buck. Click the audio player above to hear the […]
In this photo illustration a visual representation of the digital currency Bitcoin sinks into water. 
Photo Illustration by Dan Kitwood/Getty Images

Road to recovery may be long for some emerging markets

Sep 5, 2018
The value of emerging market currencies keeps tumbling. Argentina’s peso has lost half its value against the dollar this year. Same with the lira in Turkey. Investors are souring on Brazil. India. South Africa. Mexico. Indonesia. Some of these countries have been through currency and financial crises before. And each case is different. But sometimes […]

Turkey’s new debt problem

Aug 13, 2018
Because of the country’s falling currency, its foreign debt just got a lot more expensive.
A teller holds Turkish lira banknotes at a currency exchange office in Istanbul on August 13, 2018.