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U.S. Secretary of Treasury Scott Bessent (L) and Howard Lutnick, U.S. President Donald Trump's nominee for Commerce Secretary, (R) stand behind U.S. President Donald Trump as he speaks to reporters in the Oval Office of the White House on February 03, 2025 in Washington, DC.
FinanceAdjusting the bookkeeping on America’s gold reserves could add $750 billion to the U.S. Treasury overnight—but one expert says cashing out could trigger an ‘Armageddon’ event and tank the market
By Greg McKennaFebruary 11, 2025
An aerial view of a pile of nickels
PoliticsDonald Trump’s penny proposal would eliminate 1 in 2 coins minted in the U.S.—but nickels are the real villains
By Irina IvanovaFebruary 11, 2025
China has a ‘trick up its sleeve’ to fight Trump’s tariff as Beijing keeps response muted for now, former IMF adviser says
FinanceChina has a ‘trick up its sleeve’ to fight Trump’s tariff as Beijing keeps response muted for now, former IMF adviser says
By Jason MaFebruary 2, 2025
A portrait picture of Elon Musk photographed in Krakow, Poland on January 22nd, 2024 and the seal of the president of the United States are screened for illustration photo in Krakow, Poland on October 25, 2024.
FinanceElon Musk takes on his biggest challenge yet: Getting rid of the penny
By Greg McKennaJanuary 23, 2025
The dollar will stay strong if the world keeps ‘shoveling all of its savings’ into US stocks, strategist says
FinanceThe dollar will stay strong if the world keeps ‘shoveling all of its savings’ into US stocks, strategist says
By Jason MaJanuary 5, 2025
Shoppers at New Bond Street in London, U.K.
RetailLuxury brands embrace cryptocurrency as Bitcoin surges from Trump’s election
By Prarthana PrakashDecember 18, 2024
Dollar’s Trump-fueled gains face a reality check late next year
FinanceDollar’s Trump-fueled gains face a reality check late next year
By Carter Johnson, George Lei, Anya Andrianova and BloombergDecember 15, 2024
Trump threatens 100% tariff on the BRIC nations if they act to undermine US dollar
FinanceTrump threatens 100% tariff on the BRIC nations if they act to undermine US dollar
By Fatima Hussein and The Associated PressNovember 30, 2024
Russian President Vladimir Putin
FinanceRussia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low
By Jason MaNovember 30, 2024
Russian president Vladimir Putin takes the oath of office in May after his reelection.
FinanceRussian central bank takes desperate stand to halt collapsing ruble and fierce inflation
By Christiaan HetznerNovember 28, 2024
Sen. Joni Ernst (R-IA) points with her right index finger upwards as she speaks at a podium.
FinanceWant to cut government waste? Start with the penny, says U.S. Senator to Musk
By Greg McKennaNovember 27, 2024
Dollar’s sizzling rally cools as Bessent nominated for Treasury
FinanceDollar’s sizzling rally cools as Bessent nominated for Treasury
By Matthew Burgess, Michael G. Wilson and BloombergNovember 24, 2024
Former President Donald Trump
FinanceDow futures soar more than 900 points as Trump closes in on victory and GOP flips Senate
By Jason MaNovember 6, 2024
Britcoin will not replace cash, BOE Governor Bailey says
FinanceBritcoin will not replace cash, BOE Governor Bailey says
By Philip Aldrick and BloombergOctober 26, 2024
Donald Trump dancing
FinanceWho will win the presidential election? The Trump trade offers a clue
By Jason MaOctober 19, 2024
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