Tune In Tonight For Latest Read On China’s Yuan

New York — With the August U.S. jobs report out of the way, it’s time to look ahead to the next big data point in global financial markets. Currency and Treasuries traders will get a fresh read as soon as tonight on the extent of capital outflow and yuan selling that China has been grappling with. The People’s Bank of China, which owns almost one-third of the world’s reserves, will probably report in the coming week that its war chest...

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Women and Business: The Importance of Putting a Woman on Our Currency
Aug25

Women and Business: The Importance of Putting a Woman on Our Currency

When U.S. Sen. Jeanne Shaheen, D-N.H., proposed in April replacing President Andrew Jackson on the $20 bill with a famous female from American history, she was advancing what a grass-roots group, Women On 20s, had proposed earlier in the year. Women On 20s wanted to mark the 100th anniversary of women obtaining the vote, which will occur in 2020, with a new $20 bill celebrating that milestone. The group even conducted a survey, which...

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Women and Business: The Importance of Putting a Woman on Our Currency
Aug25

Women and Business: The Importance of Putting a Woman on Our Currency

When U.S. Sen. Jeanne Shaheen, D-N.H., proposed in April replacing President Andrew Jackson on the $20 bill with a famous female from American history, she was advancing what a grass-roots group, Women On 20s, had proposed earlier in the year. Women On 20s wanted to mark the 100th anniversary of women obtaining the vote, which will occur in 2020, with a new $20 bill celebrating that milestone. The group even conducted a survey, which...

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China: Boosting Exports or Accepting Free Market?
Aug13

China: Boosting Exports or Accepting Free Market?

Washington — China’s surprise move this week to readjust the peg at which its yuan trades against the U.S. dollar and other currencies prompted cries of manipulation and sent stocks skidding globally. But some economists think China just undertook a huge step that developed nations have long demanded — letting markets determine the value of its currency. China caught everyone off guard Tuesday when it announced a revision in the way...

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Obama, Senate GOP Team Up

Washington — The Obama administration and Senate Republicans worked in unusual harmony Tuesday to advance major trade legislation opposed by many rank-and-file Democrats, an expanding struggle already leaving a mark on the 2016 campaigns for the White House and control of Congress. In rapid-fire order, the administration threatened to veto a proposed change in the trade bill to require U.S. negotiators to target currency manipulation...

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