The U.K. is the top pick for high school students, and the U.S. is most popular for undergrad and graduate studies
A presentation by Western States Petroleum Association, one of the most powerful oil and gas lobbies, details an elaborate plan to thwart California's move away from fossil fuels
Calorie counts may not persuade people to order healthy food, but they might prod restaurants into slimming down what's on the menu
Ricardo Reyes previously ran communications at Tesla until 2012
The Wall Street investment bank has a new measure of consumer spending power it says points to "ending the year on a strong note"
How to cope with a traveler's headache: a winter storm across the East Coast on a day when 46 million Americans hit the roads and airports
Graduate students get paid close to the minimum wage to do high-level coding work for tech companies
Few small businesses have a real, rational marketing budget. Here’s why that’s OK
By Bruce Einhorn
From the Arctic coasts of Iceland to the Southern Ocean shores of New Zealand, the financial crisis has humbled many of the world's currencies. As risk-averse investors have rediscovered the U.S. dollar, they have swiftly pounded down currencies that until recently had been highfliers. Especially hard-hit have been countries such as Australia and South Africa with large mining industries, as slower economic growth has popped what had been a steadily inflating resources bubble.
There are some holdouts against the dollar's rise. In Japan, the yen is up 13% year-to-date against the greenback. China's yuan is up 6.8%. Having a strong currency has its disadvantages, especially for exporters in both countries. Japanese giants like Sony (SNE), for instance, are now less competitive against Korean rivals, as the Korean won has dropped 27% against the dollar this year, making it one of the weakest of all the major currencies. The Chinese currency's appreciation is causing problems for manufacturers in coastal China's industrial centers, where many recession-hit factories are in danger of going out of business.