“Credit rates are going up, up, up and the British pound is the envy of the world,” exclaims Mr. Banks in the 1964 classic film “Mary Poppins.” For the first time since the U.K. chose to leave the ...

1934: The Gold Reserve Act of 1934 gives the government the permanent title to all monetary gold and halts the minting of gold coins. It also allows gold certificates to be held only by the Federal ...

Asked to name the beleaguered Western currency that sits near a 10-month low against the dollar and has lost 7% against the greenback already this year, most people would probably plump for the euro.