Browsing: currency
A 45-year-old Los Angeles man was charged in a $50 million scheme to launder Mexican cartel money via rich Chinese nationals who wanted luxury goods, prosecutors allege
The white gift bag with a cheery “Happy Birthday” printed on the side didn’t have a present in it. It…
In France’s upcoming legislative elections, it faces threats to its EU membership from political extremes on both the left and…
Africa loses 20,000 millionaires in 10 years as the wealthy flee the continent—or stay and watch their riches melt away
The number of millionaires living in Africa dropped by nearly 20,000 in the past decade as the continent’s ultra-rich either moved away…
Fed governor highlights de-dollarization debate as concerns grow over the greenback’s global dominance: ‘The role of the U.S. economy in world finance is changing’
That has the Fed keeping a close eye on the risks of de-dollarization and how it could impact American consumers…
Taylor Swift’s Eras Tour is cheaper for Americans to see in Europe than in the U.S.—thanks to the strong dollar and EU regulations
Taylor Swift’s U.S. fans reeling from sticker shock while looking for “Eras Tour” tickets could pay a lot less to…
Armed with the mighty dollar, Americans are rushing to go on cheap vacations overseas—and it’s hurting the U.S. economy
Americans have been indulging in “revenge travel” with gusto since pandemic-era restrictions were lifted, and the dollar’s recent surge has…
Japan’s stock market has been on fire over the past few years. The Nikkei 225, which tracks the 225 largest…
Did Japan’s central bank intervene in the currency markets after the yen hit a 34 year low? ‘No comment for now’
Kyle Rodda was on the 34th floor of the Capital.com office in Melbourne when the yen suddenly plunged to around…
Bitcoin ‘halving’ will cost crypto miners $10 billion a year in lost revenue and ‘could well determine who comes out ahead and who gets left behind’
For enthusiasts of Bitcoin, a once-every-four-years software update called the “halving” has long been held as one of the keys…