Trump reasserts towering 100% tariff threat against BRICS countries
President Donald Trump reiterated his threat of 100% tariffs against BRICS nations, demanding that they pledge not to challenge the U.S. dollar.
Election Day is closing in and investors are betting on the US dollar
Currency markets' demand for the U.S. dollar has surged in recent weeks as uncertainty about the outcome of the fast-approaching election mounts, with traders hedging their bets.
The US dollar's demise has been exaggerated, report finds
A new analysis by JPMorgan found that despite concern about the erosion of the U.S. dollar's international status, the dollar's dominance is likely to continue in the decades ahead.
Fed rate cuts won't impact the 'changing' US economy: Ruchir Sharma
New York Times best-selling author Ruchir Sharma discusses whether the Fed should join other European central banks and cut interest rates on 'Cavuto: Coast to Coast.'
House Republican proposes to put President Trump on $500 bill
Republican Rep. Paul Gosar of Arizona introduced legislation that would put former President Trump's portrait on a proposed $500 Federal Reserve note.
Rare $1 bills with printing error could be worth thousands: 'They're still out there'
Due to a printing error made by the U.S. Bureau of Engraving and Printing, you might have a rare dollar bill on hand that's worth thousands of dollars — check your wallets.
US dollar to remain world's reserve currency, Fed's Waller says
The Fed's Christopher Waller said that he expects the U.S. to remain the world's leading reserve currency given a lack of practical alternatives and the dollar's status as a safe haven.
Ransomware attack on Chinese bank highlights fragility of the $33.7 trillion Treasury market
Treasury bonds, like all fixed-income assets, have been shellacked by inflation during the Biden administration, which has caused the dollar to lose more than 17% of its value.
True value of US dollar: Strength, fluctuating currencies
The value of the dollar, compared to other currencies, has seen historical fluctuations over the years, with many factors affecting changes in its value.
US debt downgrade could mean trouble ahead. We should heed the warnings
Fitch’s downgrade doesn’t mean were about to default. It does mean we look like a country that can’t be depended on. Will we lose our status as a reserve currency?
Mooney unveils bill to block central bank digital currency pilot program
Rep. Alex Mooney introduced the Digital Dollar Pilot Prevention Act on Thursday in the latest effort to block a central bank digital currency from being issued in the U.S.
King Dollar still looks safe from the yuan
The share of U.S. dollars in foreign-exchange reserves of global central banks has slipped in recent years, but it still accounts for nearly 60% of the total.
Investors pull around $6 billion out of Binance's stablecoin
Binance USD, Binance's stablecoin pegged to the US dollar has seen outflows equivalent to more than 1/3 its market cap as regulatory pressure scares investors away.
Stablecoins attract scrutiny in SEC’s drive to control crypto
The SEC is investigating whether stablecoins, cryptocurrencies that maintain a price of $1, are among the products that were issued in violation of investor-protection laws.
The unusual crew behind Tether, crypto’s pre-eminent stablecoin
Tether is a stablecoin traded more frequently than bitcoin which is redeemable for US Dollars, however like a bank, the cryptocurrency is not immune from a run.
Why America should ban crypto
Charlie Munger, Vice Chairman of Berkshire Hathaway, compares cryptocurrencies to gambling, and advises the US to follow England's solution to the South Sea Bubble of 1720.
Central-bank digital currencies are coming—whether countries are ready or not
Central-bank digital currencies could lead to big changes in the most basic activity of any banking system: making and distributing money.
Oil prices falls to two-month low amid new COVID cases in China and a strengthened dollar
Amid a declining fuel demand from China due to rising COVID-19 cases, the price of oil fell to the lowest point in two months on Monday.
Europe’s luxury-goods sale might last a while
American shoppers now have to pay 38% more at home than they would for the same product in Europe, according to Bank of America data, compared with about 20% historically.
P&G starts fiscal year strong, but soaring dollar will sting
Procter & Gamble expects sales for all of 2023 to fall between 1% and 3% compared with this year, with foreign exchange a six-percentage point headwind to sales growth.