economic news

Americans are ready to travel as their omicron fears fade

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Americans are ready to travel as their omicron fears fade

Göreme, in the Cappadocia region of central Turkey. Westend61 | Westend61 | Getty Images Americans’ enthusiasm for travel has rebounded to levels not seen since the wide rollout of Covid-19 vaccines last year, as their wanderlust eclipses hesitation fueled by omicron and delta virus variants. Nearly 82% of people are in a “ready to travel” … Read more

Opinion: The Fed is both too cautious about digital dollars, and too nonchalant about private cryptocurrencies

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Opinion: The Fed is both too cautious about digital dollars, and too nonchalant about private cryptocurrencies

CAMBRIDGE, Mass. (Project Syndicate)—Many countries’ governments, most notably China’s, are continuing to experiment with central bank digital currencies (CBDCs). Money 3.0 is moving full speed ahead, and with its recent white paper, titled “The US Dollar in the Age of Digital Transformation,” the Federal Reserve, a conspicuous laggard, has finally started to weigh in, if … Read more