Treasury Secretary Mnuchin’s weak-dollar myopia is dangerous
U.S. Treasury Secretary Steven Mnuchin endorsed the weakening of the dollar as “good” for the United States this week, breaking with long-standing tradition.
Column: What the U.S. dollar’s ups and downs mean for you
What forces are affecting the greenback — and more importantly, what do the moves mean for you?…
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…
Economy slowed in final quarter of 2014
The U.S. economy grew 2.6 percent in the last three months of 2014, more slowly than in the previous two quarters of the year.
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…
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…
Why does the U.S. dollar have value? Hint: It's tax time, and there's only one way you can pay the U.S. government.
In other news Tuesday, Wall Street dropped following a wave of new worries about consumer spending and overseas sell-offs. Also, President Barack Obama voiced confidence about the fate of the financial regulatory reform bill even without the vote of late…
Economics correspondent Paul Solman returns to the trade hub of Long Beach, Calif., to check on how the import and export business has been impacted by the global economic crisis.
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