euro

I'm a travel expert — beware this currency 'scam' that can cost you thousands

"I know so many people who travel who get confused by this," said Brian Kelly, the founder of The Points Guy travel site.

The US dollar’s imminent death is greatly exaggerated

Judging by a chorus of dollar pessimists including Yale’s Stephen Roach and former Morgan Stanley economist Stephen Jen, it seems the idea the dollar will be dethroned is back in...

US ‘top destination’ for summer travelers due to ‘dollar-euro parity’: Virtuoso

A report ranked the US as the top destination for luxury and experimental vacations that could have high demand in the coming months.

Euro dips below parity with dollar for first time in 20 years

The euro fell below the dollar for the first time in two decades before inching back above parity after data on Wednesday showed US consumer price inflation surged to a...

Euro drops to 20-year low, approaches parity with dollar

The euro slid to a 20-year low and came closer to parity against the dollar on Monday on concerns that an energy crisis will tip the region into a recession.

Dow plummets as Italy's political crisis spooks investors

The stock market had its worst day in more than a month on Tuesday after political turmoil in Italy threatened to derail the euro. The Dow Jones industrial average lost...

Austrian man sees 100,000 euros in river, dives in

VIENNA — The banknotes were wet, but Austrian police are not treating the find of more than 100,000 euros found in the Danube River as a classic case of money...

Greece 'humiliated' by bailout deal

Greek Prime Minister Alexis Tsipras felt the boot of Germany kick his country when it was down. After disagreeing with the austerity referendum earlier this month, the Greeks were forced...

Greece is short on cash -- and ideas

As many Greek bank ATMs run out of 10-euro and 20-euro bills, government leaders at a eurozone summit on Tuesday launched a desperate bid to secure fresh aid. In Athens,...

Greek citizens feeling the pressure of debt crisis

Greek citizens felt the sting of the debt crisis on Monday as banks ran out of cash and the government forbade online foreign purchases — even for something as small...

Greece looks to reopen bailout talks as euro future in doubt

ATHENS, Greece — Despite triumphing in a popular vote against austerity, Greece on Monday faced the urgent need to heal its ties with European creditors and reach a financial rescue...

Greek finance minister resigns after 'no' vote

Greece ventured into an uncertain future Sunday when voters overwhelmingly rejected austerity plans aimed at relieving the nation’s crushing debt. The historic vote raised fears about the country’s role in...

Decades of fraud have swindled Greeks out of billions

Their banks are on lockdown, their supermarket shelves are ransacked and pensioners are sobbing in the street. But as Greeks go to the polls Sunday — to choose between more...

Think Greece can't happen here? You're wrong

Most Americans look at the rerun of the Greek euro crisis with something between smug amusement and condescending disapproval. When will those profligate Greeks get their economic house in order...

Bill de Blasio's scary Greek inspiration

Greece’s problems long predate Alexis Tsipras’ stint as prime minister — but he’s the one to blame for the crisis that has the country on the brink of defaulting on...

Greece imposes capital controls — banks to remain shut

ATHENS, Greece — Greece's five-year financial crisis took its most dramatic turn yet, with the cabinet deciding after an eight-hour session that Greek banks would remain shut for six business...

Greece to shut banks, stock exchange as crisis deepens

Greek banks and the stock exchange will be shut on Monday after creditors refused to extend the country's bailout and savers queued to withdraw cash, taking Athens' standoff with the...

Greece offers new plan to avert default, creditors see some hope

Greece took a step back from the abyss on Monday when it presented new reform proposals that euro zone finance ministers cautiously welcomed as a possible basis for an agreement...

FXCM to write off losses for 90 percent of customers

FXCM, the bailed-out currency broker, is willing to forgive and forget. The company is going to write off losses for 90 percent of its customers — most of them smaller...

‘Punitive’ deal could put currency broker FXCM on ropes

One currency broker is paying a high price for money. FXCM, which found itself on the wrong end of the Swiss franc trade last week when the currency made unprecedented...