Money

President Trump noted that a penny's minting costs exceed its face value.

In the book The Psychology of Money, Morgan Housel states, “The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. It is the highest dividend money pays.”

The ice cream maker finally agrees to accept cash, but won’t say why it turned away unbanked customers for years

NEW YORK (AP) — The U.S. dollar’s value surged in April as investors sought refuge amid the Federal Reserve’s aggressive shift to fight rising inflation. Rising inflation that has caused the biggest jump in prices in 40 years has spurred the Federal Reserve to aggressively raise interest rates, which increases demand for U.S.

A visual essay about the famous figures who represent today’s currencies around the world

Private digital currencies, or “crypto-assets,” have surged in popularity recently, but they are not new to the payments landscape and may present familiar challenges for central banks. Although they have yet to fulfill the main functions of money, crypto-assets still have the potential to affect financial stability and the implementation of monetary policy.