money

2011's Stealth Trend: Wireless Web Remakes the Rural World

If you want to know how the rural developing world could get cheap, easy wireless Internet access, just follow the money: Remittances to those regions total tens of billions each year, and the money flow isn't very efficient. The profits from micro-telcos taking over the business could prime the pump for an information revolution in the hinterlands.

New $1 Coin Adds to $700 Million Boondoggle

With little fanfare, the U.S. Mint is releasing the 15th presidential dollar for circulation on Thursday, in what is becoming a $700 million-a-year boondoggle. It doesn't help that the coin commemorates the little-loved James Buchanan.

What Weapons Does the Federal Reserve Have Left?

As the Fed's rate-setting committee prepares to announce its latest decision today, it faces a weakening economy and the growing threat of deflation. And it has to combat these potential menaces with interest rates already set near 0%. Here's a look at its options.