Update 1: New York Foreign Exchange
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The search giants have tried localizing, but with fair success. Here&#39;s a model that could work better. A new book shows how a change of ownership brought new life to the Boston Red Sox franchise.
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Investor's Business Daily - After fretting for months about the bulging U.S. deficit, in recent days currency traders have turned their attention to the health of the world's other economies.
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The role of the dollar in international trade and finance â the real sign that New York is the worldâs financial capital â is still taken for granted.
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Major currencies moved in narrow ranges against each other as the focus turned to a US labor market report due out on Friday.
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The dollar&#39;s fall against the currencies of US trading partners sparked uncharacteristically testy comments from those partners.
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Buoyed by the strong economies and currencies in their own countries, foreign investors now see an opportunity to scoop up coveted Manhattan real estate.
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The dollar weakened early in New York  on Friday after the Commerce Department said the U.S. economy  grew by a 3.1 percent annualized rate in the fourth quarter  last year, lower than economists had expected.
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(Adds details, comments, stock price. Changes dateline, previous NEW YORK
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A New York, dollaro quotato a 106,08 contro yen
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NEW YORK - Once a year or so we like to check in on the dollar to find out if it is strong. Inevitably it is, but it is strong in different ways each time.
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A barrel of oil for delivery in February trades at $100 on the New York Mercantile Exchange for the first time.
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New Yorkâs chic shopping districts seem to be teeming these days with foreign tourists taking advantage of the weak dollar. Foreign retailers are now joining them.
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The dollar, whose weakness has been fueled by concern over the US trade and budget deficits, hit a new low against the euro, which rose to $1.3335 yesterday. In late New York trading, the euro eased back to $1.3280, below its intraday high but still above Monday's late rate of $1.3273.
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The U.S. dollar slid to a new low Wednesday against the euro, which rose to an all-time high of $1.3179 in late New York trading, breaking a day-old record as jittery markets kept up pressure on the U.S. currency.
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The dollar fell against the yen but rose against other currencies Thursday as investors waited for fresh economic developments in the United States to gauge the state of jittery markets.
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Economic instability looms as major currencies seem to be racing each other to the bottom of the pile. This is the flavour of the markets at the moment.
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In WASHINGTON story headlined &quot;IMF says loosening of yuan in China&#39;s interest&quot; please read in first paragraph ... undervalued ... instead of ... overvalued ... (corrects direction). WASHINGTON, Aug 25 (Reuters