Donald Trump’s dollar

President Donald Trump’s assertion this week that the “dollar is getting too strong” led to a sharp decline in the value of the greenback. The market’s reaction to Mr. Trump was a reminder that presidents often get the dollar they want. This has us worried Mr. Trump and his Treasury department will pursue a weaker currency… Read more

Best Credit Cards For Cash Back, Travel And More
This article originally appeared on the Motley Fool. Hands down, we think the following credit cards are the best among the popular offers we’ve vetted. So take a moment to review our handpicked short list, including the best travel, cash-back, and balance-transfer credit cards. Sign-up bonus for a travel credit card – Chase Sapphire Preferred® No-annual-fee… Read more

FRANCE – France set to fine UBS 1.1 billion euros for tax-dodging scheme

  1. French prosecutors are demanding 1.1 billion euros from banking giant UBS because it illegally solicited wealthy taxpayers to open secret Swiss bank accounts, a French newspaper reports. Financial investigators are demanding that the world’s biggest wealth management bank pay the whole of the bail it has deposited as a fine for touting for rich clients who… Read more

USC professor named first African-American president of a Fed regional bank

WASHINGTON — USC professor Raphael Bostic made history on Monday when he was named president of the Federal Reserve Bank of Atlanta, becoming the first African-American to lead one of the Fed’s 12 regional banks. The choice of Bostic, 50, director of the Bedrosian Center on Governance at USC’s Sol Price School of Public Policy, comes… Read more

Wells Fargo customers avoid bank amid accounts scandal

SAN FRANCISCO — Fewer customers opened checking accounts at Wells Fargo in January and more closed checking accounts, an indication that the embattled bank still faces challenges arising from a scandal linked to bogus accounts, the company reported Friday. San Francisco-based Wells Fargo has wrestled in recent months with customer skepticism, investigations, regulatory penalties and fines.… Read more