"Bitcoin is not smooth jazz," says Andreas M Antonopoulos, an entrepreneur, author and cryptocurrency expert. "Bitcoin is punk rock." (Publisher Recommended)
Venezuela is at a political crossroads, with an all-important parliamentary election set to take place in December. Meanwhile, the Venezuelan economy continues to deteriorate as the state seeks to stave off default and a brewing financial crisis.
Big banks better start looking under the couch cushions. They need to come up with $1.2 trillion to fortify themselves from the next financial meltdown.
Low oil prices could lead to global fuel shortages in the future, the International Energy Agency has warned.
Who struggles with a strong dollar?
As president, my top priority is to grow our economy and strengthen the middle class. When I took office, America was in the middle of the worst recession since the Great Depression --
The US Dollar rally, combined with the ECB's policies and the Fed's hint at raising rates in December, is at risk of blowing up a $9 trillion carry trade.
China took another step to boost the yuan's global usage, saying it will start direct trading with the Swiss franc, as the nation pushes its case for reserve-currency status at the International Monetary Fund.
Whoever bombed the Russian airliner that was destroyed over Sinai last week must be having a hearty laugh watching the ensuing chaotic reaction of the great powers.
The War on Cash is advancing on all fronts. One region that has hogged the headlines with its war against physical currency is Scandinavia.
China wants to get its renminbi into the International Monetary Fund's reserve-assets classification known as the special drawing rights, or the SDR. And its inclusion or exclusion could have major ramifications in the global markets.
Saudi Arabia is determined to stick to its policy of pumping enough oil to protect its global market share, despite the financial pain inflicted on the kingdom's economy.
As central planners the world over grapple with the effective "lower bound" that's imposed by the existence of physical banknotes, there's been no shortage of calls for a ban on cash.
The much-anticipated release of the final text of a sweeping Asia-Pacific trade agreement became a reality on Thursday morning, kicking off what is expected to amount to months of intensive debate on Capitol Hill.
"Everything is awesome." The Fed got just what it wanted... surge in jobs and a surge in wages - which has sent December rate hike odds from 56% to 74%.
Today, bankers all around the world are making it more and more difficult to withdraw more than $3000 or €3000 per day, and simultaneously making it impossible to pay for, in cash, any item with a price tag in excess of these levels.
Asian shares slipped on Friday as investors braced for U.S. employment data that is expected to bolster the case for a Federal Reserve interest rate increase as early as next month.
Global trade is faltering again just as the world economy needs a shot in the arm.
Some argue that if the central bank needs to ramp up asset purchases to further spur growth, there may not be enough out there. Unless they change the rules.
Global bond yields climbed to a seven-week high after Federal Reserve Chair Janet Yellen said a U.S. interest-rate increase remains a possibility for 2015.
The Fed has been letting the market push it around.
The opening of the Panama Canal locks is just one likely event in what promises to be an eventful year for the global economy.
China Container Freight At Record Low; Rail Traffic Tumbles, Trucking Slows Down
Bill Gross Calls For A Reverse 'Operation Twist' To "Benefit Savers And The Economy"
German chancellor Angela Merkel, EU president Jean-Claude Juncker, and French President Francois Hollande will not be pleased to learn UK Chancellor Seeks Two-Tier Europe Enshrined in Law.
Jim Rogers exits India, says one can't invest just on hope Rogers said he has sold all his India shares as he saw nothing new coming from Prime Minister Narendra Modi. He said he may return to India at some stage if Narendra Modi starts doing things,
"Too big to fail" became a household phrase during the financial crisis, when bailouts in 2008-2009 provided a safety net for the crumbling global banking system.
Iceland recently jailed its 26th banker, totaling over 74 years of prison time among the 26 criminals.
Thirty years of stock market crashes - and the signs they were coming. Is another stock market crash around the corner? ... -
While understandably all eyes have been fixed on every monthly capital outflow update from China (even the ones that the Politburo is clearly massaging), few have noticed that one of the biggest total outflows currently in the global developed econom