Topic: U.S. Dollar

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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:
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.
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.
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:
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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Stocks mixed in slow start to week

Stocks fluctuated between small gains and losses on Wall Street for most of Monday. Small-company stocks are doing well because they are less exposed to recession-plagued Europe than the large international stocks that make up the Dow and the S&P 500 index.
Stocks gain on good economic news

Stocks closed higher on Wall Street for a fourth straight week Friday. Consumer confidence and other economic indicators rose, giving stocks a boost.
Toilet paper shortage sends Venezuelans scrambling for rolls

Toilet paper shortage: After years of economic dysfunction, the country has gotten used to shortages of medicines and basic food items like milk and sugar but the scarcity of bathroom tissue has caused unusual alarm.
Stocks pause rally on economic skepticism

Stocks paused on Wall Street Monday as investors assessed whether stock valuations were overstating the recent improvement in the economy. Stocks have surged this year, boosted by an improving economy, Federal Reserve stimulus and record corporate earnings.
Stocks climb for third straight week

Stocks rose Friday to close three straight weeks of gains on Wall Street. A sharp increase in small-company stocks is also a sign that investors are more willing to take on risk.
Stocks recede from record levels

Stocks fell from record levels Thursdays, with markets ending the day slightly lower. A decline in Americans applying for unemployment benefits failed to give stocks a boost.
Stocks soar. Dow has first close above 15,000.

Stocks rose on Wall Street Tuesday with the Dow Jones industrial average closing above 15,000 for the first time. Higher quarterly profits for companies including satellite TV provider DirecTV and watchmaker Fossil pushed stocks upward. The Dow Jones is up 15 percent this year.
Tax VOX Tax reform: how to fix the international tax mess

Corporate tax reform is impossible without addressing international issues, Gleckman writes. Yet, this corner of the tax law is not only immensely complex but most proposed solutions inevitably run into massive political and policy roadblocks.
Stocks gain after jobless claims fall

Stocks rose on Wall Street Thursday on encouraging news about jobless claims. Higher profits from CBS, Facebook, and other companies helped push stocks upward.
Stocks stall on tepid GDP growth

Stocks stalled Friday after GDP didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors. Weaker hiring reports have also held stocks back.
Global News Blog Q&A: Who ultimately bears responsibility for Bangladesh factory disasters?

Low wages and lower safety standards have made Bangladesh a major garment producer - and a source of workplace deaths like the more than 200 killed in a Dhaka factory collapse this week.
Stocks edge higher on drop in jobless claims

Stocks closed higher on Wall Street but only after giving up much of the ground they won earlier in the day. Good news on jobless claims and healthy earnings from name-brand companies like Royal Caribbean and Harley-Davidson encouraged investors to buy stocks.
Stocks stumble after a fake tweet announced White House attack

Stocks lost and then recovered on Tuesday after a false tweet announced an attack on the White House. In a matter of minutes, the stock market declined by one percent.
Gold price: biggest tumble in 30 years (+video)

Gold price falls $140 – 9 percent – in a single day. Here are four reasons the two-year decline in the gold price is accelerating.
Global News Blog Good Reads: China's limits, competitive America, charitable giving, and New York childhoods

This week's round-up of Good Reads includes the 'glass ceiling' superpower China faces, optimism about the long-term prospects for the US economy, a look at charitable giving in the US, and tales of growing up in New York City.
Worst lapse in years: Fed probes early release of minutes

More than 100 people received Federal Reserve policy minutes some 24 hours before their scheduled release. Federal Reserve and federal regulators are looking to see if any stocks or other securities were traded based on the information.
Stocks rise; Dow hits another record

Stocks rose on Wall Street Tuesday with the Dow Jones industrial average closing at another record high. Materials and energy stocks led the gains following a surge in prices for commodities like copper.
Egyptian official calls economic situation 'worrisome'

After two years of political turmoil Egypt faces an economic crisis, and has been in talks with the IMF for a multi billion-dollar loan. Egypt's planning minister said the country needs to act quickly to restore the economy.
Americans pile into silver, gold coins

Sales of silver and gold coins have surged this year. With silver and gold prices near two-year lows, is it time to buy?
Stocks rise; Best Buy jumps 16 percent

Stocks ended higher on Wall Street Thursday, regaining half of its plunge the day before, as buyers returned to the market. Among stocks making big moves, electronics retailer Best Buy jumped $3.48, or 16 percent, to $25.13.
$1.4 trillion stimulus planned by Japan central bank

$1.4 trillion stimulus: Bowing to demands from Prime Minister Shinzo Abe for more aggressive monetary easing, the Bank of Japan announced Thursday a policy overhaul intended to double the money supply and achieve a 2 percent inflation target.
Focus Bread riots or bankruptcy: Egypt faces stark economic choices

Egypt needs IMF money to stay afloat, but the international lender is demanding tough subsidy cuts from an already-embattled government.
Can Latin America resist a return to its populist past?

The interventionist role of the military has mostly disappeared in Latin America. But the temptation of populist politics is greater than ever in some countries, while others are resisting the short-term demands of voters in favor of the long-term sustainability of society. Here's a look at six countries.
Stock market's record bull run shows few signs of slowing down

Stock market averages are hitting record highs routinely, and there are few red flags to indicate they are about to peak. Instead, historical data suggest a continued upward trend.
Latin America Monitor Argentina pushes to prosecute HSBC bankers for money laundering

The US recently fined HSBC a record $1.9 billion, but – unlike Argentina – did not pursue criminal charges.