Topic: U.S. Dollar
Top galleries, list articles, quizzes
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How the world is reacting to Obama's reelection
From China to Iran, President Obama's reelection elicited everything from celebration to doubt about his second-term agenda. Here are 11 responses:
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Obama vs. Romney 101: 4 ways they differ on China
China's rise has led President Obama to “pivot” his foreign policy toward Asia, hoping to enhance US power and expand its cooperation with China. Romney speaks more in terms of confronting a country whose interests often clash with those of the US.
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Ron Paul vs. the Federal Reserve: four epic moments
Ron Paul hasn't been the Federal Reserve's only critic, but he ranks among the most consistent and persistent in his charge that the Fed has debased the dollar and destroyed the wealth of Americans.
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Top 5 ways to save on your summer vacation
If you're pining for a summer vacation but worried about costs, consider how Wayne and Pat Dunlap of Del Mar, Calif., managed to tour 51 countries over two years, marvel at the Egyptian pyramids, scale a New Zealand glacier, and visit Laotian Buddhist monks all for less than $100 a day. "We often stayed at guesthouses and hostels, ate at local family restaurants, took public transportation, and in some cases, traveled on cruise ships offering reduced rates," says Mr. Dunlap, author of the travel book "Plan Your Escape." This year amid price worries and higher summer airfares, especially to Europe such ingenuity could prove essential. Here are five cost-cutting strategies that can help:
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Six reasons to keep America as No. 1 superpower
Many around the world say American decline would preserve global stability through a better balance of power. They’re wrong, says Steve Yetiv, a political science professor at Old Dominion University. It’s not that other countries or international institutions can’t play vital roles. They do. But they can't yet do what Washington does around the world, Yetiv says. Here he gives six examples.
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The Daily Reckoning
As recovery signs slow, US Treasury bonds sales continueWith no sign of a real recovery in sight, Bonner wonders who will come out the winner when the dust finally settles. Will it be the gold bugs, holding on to cash, the savvier stock traders, or perhaps, could it possibly be bonds buyers?
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US economy weakens, unemployment rate rises to 8.2 percent (+video)
US employers added just 69,000 jobs in May, the lowest number in a year. The economic slowdown is bad news for President Barack Obama ahead of the November elections.
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Despite oil prices, falling euro, Dow closes up slightly
Oil prices fell, the euro sank to a 22-month low, and the yield on the U.S. government's 10-year Treasury note fell near a historic low. But the Dow Jones industrial average edged up 125 points to close at 12580 as investors continue to hope for a Chinese growth spurt.
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Philippines chief justice ousted by senators
According to Filipino senators, Chief Justice Renato Corona was voted out of his post Tuesday for not declaring millions of dollars in bank accounts.
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Stefan Karlsson
Europe can strengthen Greece without weakening GermanySome experts warn that Greece can't reduce its current deficit unless Germany and other better-off nations reduce their surpluses. Here's why they're wrong.
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Stocks rally to erase steep losses
Stocks closed mixed Wednesday after a late rally erased steep losses. The Dow lost seven points to close at 12496
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Oil prices fall to seven-month low
Oil prices edge down below $91 a barrel as tensions ease over Iran nuclear program. London's Brent crude oil prices fall to $107.
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Gold prices to climb if Greece gets fixed
Gold prices fall when dollar strengthens, as it has during latest Greek crisis. Gold prices will recover when Greece's path is clear, says a gold expert.
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G8 summit: Euro crisis and possible 'Grexit' overshadow agenda
The G8 leaders hosted by Obama at Camp David have several global issues on their minds: Syria, nuclear proliferation, famine. But the eurozone debt crisis is once again the dominant concern.
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Stocks fall amid discouraging economic reports
The Dow fell 156 points to close at 12442 – the index's 11th loss in 12 days – after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.
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Greek turmoil causes US stocks to slide
The Dow lost 33 points to close at 12598, continuing its rocky performance during the month of May.
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Stocks fall; Dow continues two-week slide
The Dow lost 63 points to close at 12632 Tuesday as Europe's latest political impasse cast a gloom over financial markets.
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The Daily Reckoning
Will taxing the rich really fix the economy?The rich are roundly blamed for the country's economic woes. But the problems the economy faces run deeper than tax code matters.
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Stocks slide as doubts about Europe simmer
Stocks pitched down Wednesday in the US as borrowing rates climbed for Spain and Italy, a sign that investors are losing confidence in those countries' finances. The Dow lost 97 points to close at 12835 – its sixth consecutive day of losses.
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Top 5 ways to save on your summer vacation
If you're pining for a summer vacation but worried about costs, consider how Wayne and Pat Dunlap of Del Mar, Calif., managed to tour 51 countries over two years, marvel at the Egyptian pyramids, scale a New Zealand glacier, and visit Laotian Buddhist monks all for less than $100 a day. "We often stayed at guesthouses and hostels, ate at local family restaurants, took public transportation, and in some cases, traveled on cruise ships offering reduced rates," says Mr. Dunlap, author of the travel book "Plan Your Escape." This year amid price worries and higher summer airfares, especially to Europe such ingenuity could prove essential. Here are five cost-cutting strategies that can help:
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Cover Story
Putin inauguration: World view of a Russian feeling dissedAs the second presidential inauguration of Vladimir Putin approaches, a former correspondent who once worked for him looks at the world view of the Russian iron man. His theory: The president is feeling dissed by the West and believes it conspires to "destroy" Russia.
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The Daily Reckoning
The dollar is in decline. So how to invest it?The Federal Reserve's role should be to protect the value of the dollar. But the dollar has been in decline for most of the last century.
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'Fiscal cliff' threatens economy on Dec. 31, Bernanke warns Congress
At year-end, a range of tax cuts are set to expire, potentially dampening consumer spending. Fed Chairman Ben Bernanke said Wednesday there's not much he can do if Congress doesn't act.
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Apple surge lifts Nasdaq 2 percent
The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The Dow gained 89 points to close at 13090 on an all-around good day for US stocks.
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The Reformed Broker
Are US manufacturers quitting China?Citing rising labor costs, many US manufacturers say they're planning to leave China and come back to the United States.
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Economic weather report by IMF's Christine Lagarde: 'umbrella' still needed
This weekend, Christine Lagarde oversees her first spring meetings of the IMF since taking its helm in July. On Thursday, she gave a mixed report on the global economy, citing 'dark clouds on the horizon.'
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Egypt's dire economy looms over elections
Egypt's foreign reserves have tumbled to $15 billion from $36 billion, jeopardizing the government's ability to meet the people's needs. The future is about a lot more than voting.
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Stocks' worst day in 2012: Dow loses 213
The Dow slipped 213 to 12715, its biggest drop of the year and third triple digit loss in four days.
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Stocks fall to their worst week in 2012
The Dow fell 14 points to close at 13060 on fears that Spain may have trouble paying back its debt. The stock market suffered its worst week since December of last year.
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US stocks plunge; Dow down 124
US stocks suffered their worst losses in a month amid renewed worry over European debt. US stocks on the Dow lost 124 points to close at 13074.
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