Churchill's Portrait to Grace Britain's New 5 Pound Note
British officials say wartime Prime Minister Winston Churchill's portrait will be featured on a new 5 pound note.
currency
U.S. Mint Suspends Some Gold Coin Sales After Demand Surge
The U.S. Mint has suspended sales of its one-tenth ounce American Eagle gold coins as surging demand after bullion's plunge in price depleted the government's inventory.
Fitch Downgrades China's Credit Rating on Rising Debt Concerns
Global ratings agency Fitch cut China's long-term local currency credit rating, citing financial risks from rapid credit expansion alongside the rise of shadow banking activity.
A Short Guide to Understanding Bitcoin
The bitcoin market is full of risks -- risks that may make bitcoins worth as much as a foil-wrapped piece of chocolate. Here's what to know about this digital currency.
Cyprus' President Appoints Judges to Investigate Economic Crash
Cyprus' president has appointed a panel of three former supreme court judges to investigate how the country ended up nearly bankrupt.
The Resurgent Dollar Could Hurt S&P 500 Earnings
The dollar's rising again, which helps Americans by making imports cheaper and curbing inflation, but it can also hurt U.S. companies that are increasingly reliant on exports.
Should You Melt Down Pennies for Profit? Not U.S. Pennies, But...
A penny, on its face, is worth one cent. But melted down for the copper it contains, it could be worth quite a bit more. So why not mine our piggy banks for metal?
Why Is the U.S. Making Money Nobody Wants?
A billion dollars in unwanted American dollar coins sits in specially-made vaults the size of soccer fields in Texas and Baltimore and other undisclosed locations. But why are they just sitting there?
Three Reasons to Still Own Gold (or Finally Buy Some)
Gold has had a magnificent run during the past 10 years, doubling in value since 2008 alone, and gold mania is seemingly still at full strength. But is profit taking the next move? What if you are among the majority of investors who have yet to dip a toe into the water? Is it safe to dive in?
G-7 Pledges to Restrain Japanese Yen
Japan's Nikkei 225 Index advanced 2.7% on Friday, ending a turbulent week at 9,207. In Hong Kong the Hang Seng Index inched up 0.1% to 22,300 and in China the Shanghai Composite Index rose 0.3% to close at 2,907.
G-7 to Help Weaken Surging Japanese Yen
The Group of Seven countries on Thursday agreed to intervene to reduce the value of the Japanese yen, which has surged to record levels after last week's earthquake and tsunami. A strong yen could cripple the country's exports and further damage its economy.
Why the Dollar Is Stuck at Three-Month Lows
One would think that with the Mideast crisis, oil prices skyrocketing and U.S. manufacturing rebounding smartly, the buck would be flying high. But no. Why that's so may lie in international perceptions about where interest rates are heading.
Toyota Fights Recall Woes and Stronger Yen
The Japanese automaker's bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan's rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of $56.2 billion.
Currency Wars: How Ben Bernanke Outsmarted China
After years of exhorting China to increase the value of its yuan, the currency is finally rising. Why that's so is the result of the Fed's quantitative easing program. Here's how Bernanke managed to succeed where political wrangling fell short.
Will the Economic Recovery Slide on $90 Oil?
As crude prices keep inching upward, the threat to both the U.S. and global economy is clear. While OPEC says don't blame us, the Interational Energy Agencys says: "This is a wake-up call to the oil-consuming countries and to the oil producers."