Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore dollar, Reuters reported on Friday (Sept. 20). The information was reported by the German news magazine Der Spiegel, referring to...
The 2019 Kansas City Federal Reserve’s annual symposium gathered the top monetary policymakers worldwide to kick around ideas to topple the dollar’s power, Bloomberg reported Sunday (Aug. 25). The Jackson Hole, Wyoming, conference was comprised of current and former central bankers, including Bank of England...
President Trump took to Twitter on Thursday night (July 11) to talk about cryptocurrency and Facebook’s Libra, according to a report by CNBC. “I am not a fan of bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based...
To offer customers greater choice and convenience in time for the summer holiday season, Hertz, Dollar and Thrifty are welcoming debit cards at selected European locations. The new payment option provides customers with a Debit Mastercard or other recognized debit cards access to standard car...
January 19, 2017
Talking down the dollar seems a new strategy for a new administration. Here’s what a weaker dollar may mean on stages large and small, from the macro to the micro level.
October 14, 2022
The creation of a central bank digital currency (CBDC) in America is probably not that crucial to ensuring the supremacy of the U.S. dollar, Federal Reserve Governor Christopher Waller said in a speech Friday (Oct. 14). Waller made these comments at an event sponsored by the Harvard National Security Journal, saying that a U.S.-backed digital […]
September 23, 2019
Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore dollar, Reuters reported on Friday...
August 25, 2019
The 2019 Kansas City Federal Reserve’s annual symposium gathered the top monetary policymakers worldwide to kick around ideas to topple the dollar’s power, Bloomberg reported Sunday (Aug. 25). The Jackson...
July 12, 2019
President Trump took to Twitter on Thursday night (July 11) to talk about cryptocurrency and Facebook’s Libra, according to a report by CNBC. “I am not a fan of bitcoin...
