News

The failure in 1973 to return to convertibility, or hold the exchange rate, at a 42.22nd of a gold ounce, rattled currency ...
In 1973, for example, consumer prices rose by an average 3.3 percent. By 1974, however, they averaged 11 percent and sank to 5.8 percent in 1976 — only to again climb to 13.5 percent in 1980.
The US dollar’s steepest fall since 1973 is opening the door for Asian currencies to rise buoyed by shifting investor ...
The U.S. strike on Iran's nuclear site raises fears of a new oil crisis. Here's how the S&P 500 reacted during past energy ...