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Senate blocks Trump Fed nominee Judy Shelton

It seems that Shelton's chances at joining the Federal Reserve’s Board of Governors are narrowing.
Judy Shelton, nominee for the Federal Reserve's Board of Governors.
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Trump Fed nominee advances in Senate despite support for gold standard

Jul 21, 2020
Judy Shelton's unpopular view sheds light on why the U.S. and most other economies abandoned linking their currencies to gold
Once upon a time, gold was the currency of the United States.
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The reason gold is still a valuable commodity

Aug 8, 2019
The commodity is attracting nervous individual investors and central banks looking for a safe bet.
Gold bullion bars and coins for sale at Manfra, Tordella & Brookes Inc. in 2003 in New York City.
Mario Tama/Getty Images

Why the gold standard is hardly the gold standard

Nov 11, 2015
The idea plays well with some Republican politicians, but not with most economists.

PODCAST: Republicans consider the gold standard, Hertz to buy Dollar Thrifty

Aug 27, 2012
Among our main stories today are the wrap-up of earnings season, the potential fallout from the recent Apple vs. Samsung patent decision and the popularity of 3D movies in China.