The yen hit a 15-year high against the dollar and a nine-year high against the euro August 17, stirring speculation that Japan’s Central Bank would take action to weaken the currency.Read more
Do your homework before traveling overseas to get the best currency exchange rates and avoid add-on fees and commissions.Read more
CDS, CDO and MBS are just some of the more complex acronyms in the financial world, and all the more reason to understand them, according to Charles R. Morris, a lawyer, former banker and author of The Two Trillion Dollar Meltdown: Easy Money, High Rollers and the Great Credit Crash.Read more
Caterpillar isn’t afraid to get down and dirty in a tough economic environment. With strong growth in the last quarter, the company may be one of the best investment choices in a slow economy.Read more
The National Bureau of Statistics in China reported second quarter gross domestic product rose 10.3 percent, down from the first quarter’s 11.9 percent rise, and signaling a potential cool down.Read more
Everyone experiences a little bit of stress from time to time and European banks are no different.
Last month, members of the European Council agreed that a new set of stress tests would be applied to 91 publically-traded banks across the continent to prevent another banking crisis.Read more
Officials in Ireland announced surprising growth Wednesday in the nation’s gross domestic product of 2.7 percent in the first quarter, ending eight consecutive quarters of economic contractions.Read more