Digital bank Erebor, co-founded by Palmer Luckey, has reached a $4.35 billion valuation following a $350 million raise, as ...

USD reserves fell due to exchange rates, not central bank diversification, tempers crypto dedollarization narratives.

Learn how to profit from currency arbitrage by exploiting price discrepancies in forex. Discover strategies, types, and risks ...

China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports. By Keith Bradsher Reporting from Beijing A night at the ...

Navigating international travel often brings the dilemma of currency conversion. While having local cash upon arrival offers immediate convenience for taxis and snacks, especially in less digital ...

The practice surged in the 1980s and 1990s, before medical groups began warning it was harmful. By Ellen Barry As a teenager, Julie Rodgers attended Tuesday night group therapy sessions in which young ...

One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce the ...

He remembers walking towards the worst experience of his life. The dorm hall was a concrete tunnel, with chipped white paint on the walls and a stench of sweat trapped inside. The stairs, he recalls, ...

Constant currency reporting adjusts revenue and earnings to negate exchange rate effects. Many companies present constant currency data with GAAP results for clearer comparison. Understanding both ...

Zach began writing for CNET in November, 2021 after writing for a broadcast news station in his hometown, Cincinnati, for five years. You can usually find him reading and drinking coffee or watching a ...

Ben is a credit cards and luxury travel writer, an immigrant with three citizenships and a husband. He speaks English, Spanish and Italian, has a background in linguistics and languages, and travels ...