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That $1 bill in your pocket might be worth thousands: here's why
If you’ve got a few dollar bills in your wallet, you might want to inspect the greenbacks before you spend them.
Price of gold surges to all-time high on the back of falling US dollar
The price of gold struck an all-time high on Monday, surging as much as 3% to trade at $2,135 per troy ounce as the US dollar fell. Though gold futures...
Cry no more for Argentina — it's about to be a new model for economic reform
Javier Milei’s landslide win over an entrenched left-wing political machine Juan and Evita Peron founded in the 1940s is significant on many levels.
Blame the BRICS for the end of the dollar's global domination
Nearly 15 years after the BRICS coalition of major emerging economies was established in 2009, the group has yet to achieve its ambition of ousting the US dollar as the...
Vivek Ramaswamy's 'clickbait' policies could prove his undoing
Republican candidate for president, Vivek Ramaswamy, campaigns at the Fireside Bistro, the first of his four announced public events for the day.
The US dollar’s imminent death is greatly exaggerated
Judging by a chorus of dollar pessimists including Yale’s Stephen Roach and former Morgan Stanley economist Stephen Jen, it seems the idea the dollar will be dethroned is back in...
Why the US dollar has become an at-risk currency
For the US government in the 21st century, economic sanctions aren’t merely second nature, they’ve become a central tool of foreign policy.
Biden insists US economy is 'strong as hell' as he munches ice cream
Biden, 79, said, "Our economy is strong as hell," as he munched on a waffle cone of Baskin Robbins chocolate-chip ice cream.
Liz Truss' 180 gives her a shot at hanging on as UK prime minister
If Truss is to survive as prime minister, she can ill-afford to make another economic policy misstep.
Bitcoin soars to surpass $20K — highest level in more than a week
Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets.
Euro dips below parity with dollar for first time in 20 years
The euro fell below the dollar for the first time in two decades before inching back above parity after data on Wednesday showed US consumer price inflation surged to a...
Euro drops to 20-year low, approaches parity with dollar
The euro slid to a 20-year low and came closer to parity against the dollar on Monday on concerns that an energy crisis will tip the region into a recession.
US digital currency is 'inevitable,' Bank of America says
The idea of digital coin issued by the US government, known as central bank digital currencies, have gained prominence in recent years alongside the rise of leading crypto tokens such...
Gold hits 2-month peak as dollar shrinks back
Gold rose to a two-month high on Monday bolstered by a retreat in the dollar and persistent inflation concerns after key central banks indicated that interest rates would remain low...
Oil prices jump 5 percent thanks to weaker US dollar
Brent crude climbed $3.64, or 5.6 percent, to $68.82 a barrel after touching its lowest since May 21 at $64.60 during the session.
Investors seek Bitcoin haven amid weakening dollar worries
Warren Buffett hates cryptocurrencies. Treasury Secretary Janet Yellen isn’t a fan and neither is Bill Gates. Ditto for scores of great economic minds who call the rise of cryptos like...
Russia tries to enlist China in pushback against US dollar, sanctions
Russia's foreign minister began a visit to China on Monday by seeking to enlist Beijing in an effort with Moscow to reduce their dependence on the US dollar and push...
US dollar sinks to three-month low
The dollar dropped to a three-month low on Wednesday as speculation increased that the Federal Reserve will announce later in the session it intends to keep the recent rise in...
Fed is quarantining physical dollars from China
The greenback faces the same fate as many travelers returning home from China and other coronavirus hot spots. The US Federal Reserve has begun quarantining physical dollars that it repatriates...
US economy marks longest expansion in American history
The US economy has grown for 121 consecutive months following the Great Recession, marking the longest economic expansion in American history. The economy has been on a growth spurt since...