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Bitcoin Gets Smacked Down in China, The Crypto-Currency's Hotbed
Chinese investors have helped drive up the price of Bitcoin to dizzying heights. Now, the Beijing government is doing its best to drive enthusiasm for the cryto-currency back down. The Chinese central...
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Turkey’s Economic Enemies: Corrupt Politicians and the U.S. Fed
Turkey's economy was already in a shaky place, thanks to decisions by the U.S. Federal Reserve that could make it harder for Ankara to sell its goods and borrow cash overseas. A widening corruption...
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Davos Wants You to Know It Really, Really Cares About Inequality
Pope Francis would like the international business mandarins assembled at Davos for the annual meetings of the World Economic Forum to know that they really ought to be doing something about economic...
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How Syria Did -- and Did Not -- Hang Over the Davos Conference
DAVOS, Switzerland — A group of aid workers and former refugees took over the basement of a Davos school, spooled out fake barbed wire, put up tents and corrugated metal walls and laid down straw on...
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Did An Acquitted War Crimes Suspect Just Show How To Get Off The Treasury...
The Treasury Department quietly removed a former Croatian general from its sanctions blacklist after the accused war criminal filed a lawsuit to clear his name. Ante Gotovina's success could provide a...
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The No-Longer-So-Secret Swiss Bank Account
Bankers from Credit Suisse, one of the world's largest financial institutions, courted wealthy Americans in airports, at family weddings and on golf courses from Florida to the Bahamas with a simple...
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No One Is Mourning the Death of Bitcoin Giant Mt. Gox
Since peaking at more than $1,100 in late November, Bitcoin's trading value has fallen by half. On Wednesday, a Japanese court delivered a death blow to Mt. Gox, once the world's largest Bitcoin...
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Don't Worry America: You Aren't Poorer Than China
On Wednesday, the front page of the Financial Times declared that China stands poised to surpass the United States as the world's largest economy -- and to do so much sooner than anyone expected....
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Why Does the Vatican Need a Bank and What’s With the History of Scandal?
The Vatican Bank's history reads more like Dan Brown than the financial pages, but its worst -- and weirdest -- days may be behind it. After a year of reorganization and reform that saw a 97 percent...
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Italian Leader Pitches U.S. Investors on His Country's Future
Prime Minister Matteo Renzi wants investors to think of innovation and technology, not just good food and easy living, when they picture Italy. "The future is Italy. The future is not only American...
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The First Ebola Case in the U.S. Is Also Scaring Investors
This story has been updated. The Ebola outbreak has been hammering the economies of West Africa for weeks. The first confirmed Ebola case inside the United States is now hitting the nation's biggest...
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Main Street Investors Worry Global Conflicts Could Hit Their Investments
Geopolitical instability is the biggest concern for individual investors, according to a survey released Thursday, Oct. 9. The poll suggests that average investors are worried about hot spots that...
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In Finland, Tax Day Is the Best Day
While American televisions and newspapers delved deep into the weeds in their coverage of this week's midterms elections, Finland's media turned their attention to their own national spectacle of...
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Don't Hate the Norwegians Just Because They're Better Than You: Passport and...
Turns out Norway has more to offer the world than just melodramatic memoirists, stupid television, and really expensive beer. Also: pretty passports and currency. Norwegian authorities recently...
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The Proposal to Redesign the Dollar That’s Weirdly Blowing Up the Internet
When Travis Purrington, an Idaho-born designer, embarked in 2011 on a project to redesign the dollar as part of his master's degree, he paid a visit to the Swiss designer Roger Pfund, a legend in the...
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