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Mexico steps up currency hedge auctions to ease pressure on peso In a separate auction to renew 60-day currency hedges that was scheduled weeks ago, Mexico received bids worth $600 million for another $300 million on offer. U.S. President Donald Trump signed a tax overhaul into law on Friday that cut the corporate tax rate to 21 percent from 35 percent, fueling ...
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As businesses go credit-only, cash is fast losing currency Editor's note : This story is available as a result of a content partnership with The New York Times. Subscribers will see stories like this every day on our website (and in our daily emails) as an added value to your subscription. NEW YORK — The other day at Dig Inn, a just-opened lunch spot on ...
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Cash Might Be King, but They Don't Care The Federal Reserve's website says that notwithstanding that language, there is no federal law compelling a business "to accept currency or coins as payment for goods or services." Asked why the $8.71 a customer owes for that Turmeric Sweet Potato Hummus Toast she just ordered is not considered a ...
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