It's no secret that Microsoft co-founder Bill Gates, Ballmer's friend and former colleague, directed much of his time and money to philanthropy after leaving his full-time work at Microsoft. So will Ballmer do the same? According to Forbes, he's …

For more of our reporting on this story, please see our recent column in the New York Times Magazine, and the latest episode of This American Life. This morning, we reported on a charity called GiveDirectly that's trying to help poor people in the …

The Gold Traders Association this morning announced buying prices at 20,647.92 baht per baht-weight for gold ornaments and 20,950 baht per baht-weight for gold bar. Selling prices were set at 21,450 baht per baht-weight for gold ornaments, and 21,050 …

But there's strong evidence that one option will be gold (or perhaps more "champagne"). That may help sell more phones in Asia, especially China, the biggest market Apple is now trying to crack, says Tim Bajarin, president of Creative Strategies and a …

But they do come under pressure all the same, I mean Uganda has toyed about whether they want appreciation or depreciation or not, so there are questions and I think the answer is that people haven't thought a lot about how we want our exchange rate …

Many domestic plants sharply cut back on production, losing out to the competition. In the mid-1990s, new footwear factories began to appear in Russia. Following the sharp devaluation of the ruble after the 1998 default, they received a competitive …

However, the recent de facto devaluation of the rial by the Central Bank will increase the cost of imported construction materials, potentially prolonging the contraction of the industry. The Islamic Republic remains a country of pronounced risks …

Japan's economy has rebounded on the back of Abenomics, the policy of quantitative and qualitative easing that has devalued the yen and given Japanese export-based businesses a much needed competitive edge. Even though Japanese Prime Minister …

By effectively printing dollars through the purchase of securities, Brazil argues, the U.S. was engaging in a competitive devaluation to boost exports and the American economy—to the detriment of other countries. That trend's reversal is roiling these …