US President Donald Trump has been using special orders to make big changes to the US government. But on Sunday, he announced an order against a tiny target - the US penny. The change, if it happens, could have important effects.
Posts tagged as “money”
Nobody likes to lose money. But if you happen to drop some cash by accident, Tokyo, Japan may be one of the best places to do it. Tokyo police report that last year, people turned in a record-breaking amount of lost money - roughly $29.6 million in cash.
In today's news roundup, fighting breaks out in Ethiopia after a five-month cease-fire, US President Biden says people won't have to pay back up to $10,000 of the money they borrowed for college, and a US Army drone flies for 64 days without landing.
As the world depends more and more on computers and smart phones, many countries are thinking about making a digital version of their currency. These "digital currencies" could offer many advantages, but they also have a number of downsides.
The city of Rotterdam is planning to take apart a famous old bridge so that the world's largest sailboat can be brought through the city, once it's completed. The boat is being built for Jeff Bezos, who owns the company Amazon. Not everyone is happy about the plan.
In an earlier article, NFK looked at a kind of digital money called a cryptocurrency. The article explored the popular cryptocurrency Bitcoin, and how it works. Today, NFK looks at some of the serious problems related to Bitcoin.
Reporters have revealed a massive collection of leaked documents showing how rich and powerful people around the world have been hiding their money and property "offshore" in order to avoid taxes. Many of the people are well-known world leaders.
In recent years, a kind of digital money, called "cryptocurrency" has been getting more and more attention. Many people are excited about the way the money works, and believe cryptocurrencies will become even more popular in the future.
In today's news roundup, a fire at a Rohingya refugee camp in Bangladesh leaves thousands homeless, England honors math genius Alan Turing with a new £50 note, and chimps in the Czech Republic are taking part in daily video calls.
In today's news roundup, China and Russia team up on a moon research station, the world's oldest woman will help carry the Olympic torch, and as its prices keep going up, Venezuela creates its first 1 million bolivar bill.
Among the more unusual news stories recently…breakdancing becomes an Olympic event, a New Zealand company upsets people when it tries to give away money, and some cricket umpires in Australia will now have ads - in their armpits.