dollar

The Financial Landscape: Dollar Losing Favor, Economy Losing Steam

The long term isn't looking good for the greenback: Central bank managers don't see it keeping its status as the world's reserve currency. The short term's not looking so hot for the U.S. economy either: Housing prices are down another 4% year over year, and confidence is falling.

How the Debt Ceiling Issue Will Hit Us in the Wallet

Even the phrase "debt ceiling" sounds like something too far removed from daily life to be of much interest. But ignoring the political battle over this issue would be a mistake: How the government handles the nation's debt limit will directly affect our personal finances in all sorts of important ways.

Gold-Backed U.S. Currency? Yes, But 'U' Stands for Utah

Earlier this year, the Utah state legislature passed a law making gold and silver coins legal tender. Now, a Salt Lake City-area numismatist hopes to set up a depository system that will allow Utahans to use gold and silver to pay for anything they want.

Stocks Fall as European Financial Crisis Deepens

Signs that Europe's debt troubles are larger than previously thought upended financial markets Friday, sending the dollar up nearly 1% and erasing the week's stock gains. Fears of a deepening financial crisis overshadowed reports that consumers are feeling more confident in the U.S. economy and that inflation remains in check.