When it comes to making coins, the Mint isn’t getting its two cents worth. In some cases, it doesn’t even get half of that. A penny costs more than two cents and a nickel costs more than 11 cents to make and distribute. The quandary is how to make coins more cheaply without sparing our change’s quality and durability, or altering its size and appearance.
The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China.
U.S. manufacturing shrank in November to its weakest level since July 2009, one month after the Great Recession ended.
Governments around the world are peppering Google with more demands to remove online content and turn over information about its users.
Treasury Secretary Timothy Geithner was in San Francisco Thursday to talk about the Obama Administration’s economic achievements both in the United States and abroad.
Berkeley scientists studying earthquake early warning in the United States have received a financial boost.