Browsing: currency
Imagine Bitcoin becoming an official U.S. legal tender or a “Mar-a-Lago Accord” restricting foreign ownership of U.S. Treasuries. That is…
The U.S. Mint ended production of the penny, citing cost savings and the coin’s fading relevance as its buying power—once enough for a snack or candy—has all but disappeared
The U.S. Mint on Wednesday ended production of the penny, a change made to save money and because the 1-cent coin…
Like Javier Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’
Argentina’s peso continues to sell off despite a U.S. rescue package, ahead of a key election that could trigger another…
After surging nearly 50% so far this year, gold could skyrocket 150% as early as 2028 if its current pace…
Surprise in Japan’s leadership race is set to roil financial markets as the yen tumbles against the dollar
An unexpected result in Japan’s leadership contest over the weekend is poised to ripple through global financial markets with the…
The U.S. may mint a coin with Trump’s face despite a law he signed that prohibits collectibles with similar likenesses
The Treasury Department is considering minting a $1 coin emblazoned with President Donald Trump’s likeness to mark the 250th anniversary…
Markets have been acting ‘super weird’ lately. Just look at gold prices vs. the dollar and bonds
Financial markets have already had an unusual year, but recent price action lately has been especially bizarre, according to Robin…
The ‘Ghosts of 2007’ and the graybeard ‘Nifty 50’: BofA looks at the rare situation in markets and finds ominous parallels to the GFC and the dotcom bubble
The U.S. Federal Reserve’s looming decision on whether to cut interest rates in September 2025 is sparking heightened concern on…
The Money Doctor and ‘Captain Pakistan’: Steve Hanke on his last call with Imran Khan and the doom loop gripping South Asia
August 5th marked another grim day for Imran Khan, the former Prime Minister of Pakistan and one of the world’s…
The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was
The dollar, which has lost value all year against foreign currencies, had been making a comeback in recent weeks. But…











