currency

China's yuan fell below the politically sensitive level of seven to the U.S. dollar on Monday, Aug. 5, 2019, possibly adding to trade tension with Washington.
Kin Cheung/AP Photo, File
August 05, 2019 - 4:48 pm
Be Paul Wiseman and Joe McDonald WASHINGTON (AP) — China decided Monday to meet President Donald Trump's latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S. farm products. The moves, which came four days after Trump threatened more taxes on...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019.
Carolyn Kaster/AP Photo
July 15, 2019 - 6:23 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
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Governor of the Bank of England, Mark Carney poses for a photo with the artwork for the concept of the new 50 pound notes, after announcing that Second World War code-breaker Alan Turing has been selected to feature on the new notes.
Peter Byrne/PA via AP
July 15, 2019 - 8:30 am
LONDON (AP) — Codebreaker and computing pioneer Alan Turing has been chosen as the face of Britain's new 50 pound note, the Bank of England announced Monday. Governor Mark Carney said Turing, who did ground-breaking work on computers and artificial intelligence, was "a giant on whose shoulders so...
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In this June 30, 2019 file photo, President Donald Trump walks across the South Lawn as he arrives at the White House in Washington.
Andrew Harnik/AP Photo, File
July 03, 2019 - 1:45 pm
By Martin Crutsinger, AP Economics Writer WASHINGTON (AP) — President Donald Trump on Wednesday accused China and Europe of playing a "big currency manipulation game." He said the United States should match that effort, a move that directly contradicts official U.S. policy not to manipulate the...
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Facebook
Elise Amendola/AP, file
June 18, 2019 - 1:19 pm
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more...
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Dreamstime
January 25, 2019 - 5:00 am
PHILADELPHIA (KYW Newsradio) — When the weather isn't fit for man or beast, and outdoor getaways are sheer folly, it's time to tackle some of those chores that belong to past and future travel. There are pictures to be sorted, notes to file on hotels, sites, bar and eateries — all while hunkered...
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Dreamstime
November 22, 2018 - 3:30 am
By Amy E. Feldman, Judge Technology Solutions PHILADELPHIA (KYW Newsradio) — Ever laundered money? No, I mean literally put it through the wash? Is it still legal tender? A Utah couple turned their house upside down looking for an envelope containing $1,600 until they realized where it went: Their...
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Bitcoin ATM
PA Images/Sipa USA
June 13, 2018 - 2:27 pm
LONDON (AP) — The price of bitcoin fell to a four-month low of $6,370 on Wednesday, days after South Korean virtual currency exchange Coinrail said hackers had stolen over $37 million, or almost a third of the virtual currency it had stored. After Coinrail announced the theft, the price of bitcoin...
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Stacks of bolivares from Venezuela
Carlos Becerra/Getty Images
May 09, 2018 - 10:01 am
By Andrea Diaz, CNN (CNN) -- How worthless is the bolivar, Venezuela's currency? You'd be better off investing in fictional currency from a video game. The virtual gold in "World of Warcraft," the online role-playing game, is now almost seven times more valuable than real cash from Venezuela, whose...
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