AllStarDebtBuster

Ecuador is planning to create what it calls the world's first digital currency issued by a central bank, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar. [...]

At least as far as fund flows are concerned, Japanese and U.S. stocks were the flavor of the first quarter, while gold and China fell out of favor. [...]

The 69-year-old hedge fund billionaire's co-op apartment at the Beresford, a hulking Italian Renaissance building on Central Park West whose celebrity residents have included Jerry Seinfeld, Glenn Close, and Helen Gurley Brown, can draw scads of [...]

SÃO PAULO, BRAZIL – Brazilian businessmen are closely monitoring the financial crisis in Argentina, concerned with the effects that the crisis may have on Brazilian production and exports. Their concern is warranted: during ... [...]

The benchmark Dow Jones Industrial Average posted its biggest drop in six weeks Wednesday and closed at its lowest level in five weeks, yet there was little 'fear' behind the move – as evidenced by the USDollar's pullback. The recent [...]

In monetary policy, zero is an important number. Nominal interbank interest rates cannot normally sink below zero—that would mean one bank was paying the other to borrow its money. This is known as “the zero lower bound.” For central banks such [...]

Several leading CEOs set to appear at annual conference this week. [...]

Last week we learned that Skorpios, the famous private Greek island that once belonged to shipping magnate Aristotle Onassis, had sold to an anonymous Russian billionaire for $153 million. It's now been confirmed that the buyer was Ekaterina ... [...]

DVLA to launch a system in March that will allow insurers to check the information online, making deception and mistakes less frequent. [...]