World Mar 31

Officials: U.S. considers easing ban on dollars to help Iran

WASHINGTON -- The Obama administration is considering easing financial restrictions that prohibit U.S. dollars from being used in transactions with Iran, U.S. officials said. Angry lawmakers countered that Tehran would be getting more than it deserves from last year's nuclear…

Jul 30

Big Mac index: Is the U.S. dollar overvalued?

Everyone knows prices in the U.S. vary regionally, just like certain products are cheaper in China, say, or far cheaper in the Ukraine. But that hardly demonstrates that the renminbi or hyrvnia currencies are overvalued, Paul Solman says, noting that…

Economy Jul 30

Watch
Falling dollar

Leaders of the industrial world met in Florida earlier this year to discuss international finances and exchange rates. Paul Solman reports from New York on the effects of the fall of the U.S. dollar against other currencies, the biggest currency…

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