Bessent defends U.S. dollar swap lines as Iran war harms global finances
Secretary of Treasury Scott Bessent testifies during a during a Senate Appropriations Subcommittee on Financial Services and General Government hearing...
archiveEconomic events
Dollar sheds bulk of Iran war premium, but few expect a sharper drop
The U.S. dollar gained on Thursday as rising oil prices threatened to spur inflation and more hawkish policy stances by...
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is...
UK property market at risk of major downturn as recession fears loom
Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market...
Biggest risk to the economy now? Goldman says it’s a stock market correction
The biggest risk to the U.S. economy right now could actually be a stock market correction, according to Goldman Sachs....
Are safe haven Swiss Franc, yen and dollar looking not so safe?
Swiss franc banknotes in Lausanne, Switzerland, on Dec. 23, 2025.Fabrice Coffrini | Afp | Getty ImagesAsk an investor to name...
What It Is, Pros And Cons
If you want to tap into your home equity but don't want to make monthly payments like with a HELOC or a home equity...
U.S. dollar weakening could force central banks to devalue currencies
Dollar pinned near multi-year lows as Trump tariff deadline looms.Nurphoto | Nurphoto | Getty ImagesThe dollar has been sliding and...
What the strengthening greenback means for Europe currencies
Nora Carol Photography | Moment | Getty ImagesThe recent strengthening of the greenback could both benefit and hurt Europe, analysts...
These currencies have tanked this year — and one is down over 75% against the dollar
Zimbabweans queue to withdraw money from a bank on June 21, 2008 in Bulawayo, Zimbabwe. Sky-high inflation continues to affect...
