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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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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?
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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.
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$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.
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Focus
Bread riots or bankruptcy: Egypt faces stark economic choicesEgypt needs IMF money to stay afloat, but the international lender is demanding tough subsidy cuts from an already-embattled government.
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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.
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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.
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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.
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Opinion: Proposals to ban purchase of sugary drink with food stamps won't work
The same flaws that caused a New York judge to overturn Mayor Bloomberg's ban on big sugary drinks are inherent in proposals to ban the purchase of sugary drinks using food stamps. Such bans are unlikely to help fight obesity and can do substantial damage to the safety net.
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Why the US will fare better than Europe in economic recovery
In an interview, the former president of Chile, Ricardo Lagos, says that today’s global financial crisis is mainly a political failure rather than an economic one. The US will probably do much better in its financial recovery because its central bank, unlike Europe’s, has the powers it needs.
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Stocks rise, pushing Dow back near record
Stocks closed up on Wall Street Monday as stock investors largely ignored early concerns about China. The Dow Jones industrial average neared its record closing level.
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Energy Voices Demand weak, but gas prices heading to $4, anyway
Gas prices are moving higher, apparently because of price moves for Brent crude and limited refining capacity. Will Wall Street fall as gas prices rise toward $4 a gallon?
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Spending cuts: As Washington frets, Wall Street shrugs (so far)
Spending cuts set to pummel most government programs starting today so far haven't had much effect on investors. The $85 billion in across-the-board 'sequestration' cuts were expected to cause airport delays, disrupt public services and result in lower pay or layoffs for millions of government workers.
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Energy Voices Why globalization is energy intensive and wreaks havoc on oil prices
Globalization uses up finite resources like oil and coal more quickly, Tverberg writes. It also increases carbon dioxide emissions and acts to increase world oil prices, she adds.
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Backchannels Egypt's economy is collapsing, and no one is stopping it
Egypt's economic problems do have a possible solution: politics. But Egypt's politicians are failing.
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As euro strengthens, debate grows about setting a 'target' value
France has floated more intervention, which Germany rejects. The debate is framed by rising concerns over a 'currency war' if countries try to spur economic growth by devaluing their currencies.
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Latin America Monitor Where's the most expensive McDonald's Big Mac in the world?
Clue: It's also homeplace of the world's cheapest gas.
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