Two hikers were strolling in the foothills of the Krkonose Mountains in the Czech Republic in early February when they noticed something shiny peeking out of a stone wall. They pulled out what turned out to be an aluminum can, looked inside and found a small fortune. Inside was a treasure trove of 598 gold…
Last month, Paolo Ardoino, the chief executive of the cryptocurrency company Tether, joined business executives and U.S. lawmakers for a private lunch at the Willard, a luxury hotel near the White House. For years, Tether had faced accusations that it lied about its finances and allowed crime to flourish on its platform. But at the…
President Trump recently ordered the U.S. Mint to stop producing pennies, for a simple-sounding reason. Each penny, he said, has “literally cost us more than 2 cents.” He’s right. Since 2006, the government has spent more money minting pennies than those pennies have been worth. The production costs of coins can be confusing. A nickel…