The Bank of England unveiled the new £50 note on Thursday, nearly two years after saying it would honor the pioneering mathematician who died an outcast because of his homosexuality.
Until Feb. 15, 1971, Britain had 240 pennies to a pound. There were also two farthings in a ha'penny, three pennies in a bit, two shillings in a florin, and five shillings in a crown.
What's the point of money? The answer might seem obvious: we need it to get paid for our work, and to buy the things we need. But there's also a deeper way to look at the role of money in our lives.
After China let its yuan drop in value, the U.S. accused the country of being a "currency manipulator." Here is how China manages its money and what a dispute with the U.S. could mean.
The Treasury reviews some 24,000 cases a year and reimburses around $30 million to people whose money has been burned, flooded or otherwise damaged. This service helps underpin the dollar's integrity.
For decades, Turing's status as a giant in mathematics was largely unknown, thanks to the secrecy around his computer research and the social taboos about his sexuality.
In a turnaround, congressional analysts are no longer recommending a phaseout of paper dollars in favor a dollar coin. Paper money is lasting longer because of cashless transactions.
When President Mauricio Macri requested early release of a $50 billion loan, he said it was to assuage market watchers' fears. But the opposite happened — and the central bank felt it had to step in.
The city of Elorza is selling its own bills featuring the image of an independence leader from the area. Venezuela's national currency has lost the vast majority of its value in just the last year.
Imagine the Founding Fathers walking across the bills in your wallet. Like something out of Harry Potter, increasingly complex animation technology is being developed for use in paper currency.
This week, the U.K. introduced a polymer 5-pound note that's designed to be waterproof, tear-resistant and chewable. The Bank of England still doesn't recommend setting it on fire.
Most economists say an upcoming vote to determine the United Kingdom's role in the EU is a big deal. The so-called Brexit vote might upset trade deals, financial markets and currencies, they argue.
The Women on 20s campaign is petitioning President Obama to put the face of Harriet Tubman, the escaped slave who led others to freedom, on the $20 bill. She edged Eleanor Roosevelt in a close vote.
There are upsides to having global investors stash their savings in the United States. But their embrace of the dollar can start to feel like a death grip if it goes too far and chokes off exports.
It’s accepted at businesses ranging from overstock.com to The D. It’s Bitcoin, the still widely misunderstood crypto currency. Advantages of Bitcoin...
Inside Bitcoin, a conference devoted to the digital currency, is coming to Las Vegas next week. Can digital currency compete against money backed by governments?
