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News Articles: strong dollar

Traders work on the floor of the New York Stock Exchange (NYSE) on September 23, 2022 in New York City.

Tagged as: 

  • Business

A bad year for Wall Street gets even worse, as stock markets finish September down

Amid heightened uncertainty about the global economy, all three U.S. indexes are in a bear market as the third quarter comes to a close.

October 01, 2022
|
By:
  • David Gura
As the Federal Reserve has raised interest rates to fight high inflation, the U.S. dollar has strengthened significantly.

Tagged as: 

  • Business

The dollar is surging. This is who gets helped — and hurt — by its newfound strength

The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.

September 28, 2022
|
By:
  • David Gura

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