Dollar's foreign value can affect nearly all of us

Consider the dollar's changing value when investing in global companies

Consider the dollar's changing value when investing in global companies

The “Big Mac Index” suggests a new long-term trend for the Chinese yuan while the US dollar tries to bottom.

The UAE will keep its currency peg to the US dollar even after Standard & Poor’s downgraded the world’s biggest economy, and Oman sees no risk in investing in US treasuries, officials said yesterday.

ABU DHABI : The United Arab Emirates will keep its US dollar peg in the aftermath of S&P’s downgrade of the world’s biggest economy, a central bank official told Reuters on Sunday, and saw no credit risk in investing in US treasuries at present.

Barclays Plc, Britain’s third- largest bank, reduced bonuses for employees of its investment- banking unit, Barclays Capital, by about 15 percent on average, according to three people with knowledge of the matter.

The Obama administration’s proposal for reducing the government’s role in housing finance may pit Wall Street against real estate groups as it restructures the $11 trillion mortgage market.

Saudi Arabia’s benchmark stock index rose to the highest in two weeks, led by Saudi Arabian Fertilizer Co., as Egypt’s President Hosni Mubarak stepped down and OPEC raised its oil demand forecast.

U.S. stocks rose for a second week, sending benchmark indexes to 32-month highs, as takeovers, a rebound in retail sales and Egyptian President Hosni Mubarak’s resignation bolstered investors’ optimism.

Treasuries fell, with 10-year notes touching the highest yield since April, as the U.S.

Card readers that plug into smartphones, made by Square and others, are bringing new sales to small merchants