The Obama administration says the U.S. Mint will stop production of the presidential $1 coins for circulation. U.S. Vice President Joe Biden announced the decision Tuesday during a Cabinet meeting on cutting waste and eliminating misspent dollars across the federal government. A White House statement said nearly 1.4 billion surplus dollar coins are sitting in […]
Obama Administration Cuts Production of Presidential Coins
Posted December 13th, 2011 at 6:35 pm (UTC-5)
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Amid World Economic Volatility, the U.S. Dollar Is Weakening
Posted August 9th, 2011 at 10:20 am (UTC-5)
Confidence in the U.S. dollar, long the world’s premier currency, has been weakening as a reflection of investor doubts about the shaky American economy and the ability of its government to deal with burgeoning long-term debt. For years, as economies around the globe teetered, investors looked to the U.S. dollar as a safe-haven investment, with […]
