Money

Money is a medium of exchange, a unit of account, and a store of value used to facilitate transactions and measure economic worth. It can exist in physical forms like cash or as digital entries in bank accounts.

Why it’s in the news: It is in the news due to its central role in a major financial enforcement action against American Express for failing to prevent money laundering.

Latest on Money

• Taxing stocks, estates and employee benefits could keep Social Security from running out of money. Here’s who could pay the most.
• Half the market will not take your money: The access problem for regulated startups
• The Money Mistakes High-Earning Lawyers Don’t See Coming
• $14M penthouse leads auction of 6 more homes seized in Singapore's biggest money laundering case
• Money market funds attract massive inflows as bond selloff bit
• Amex fined $350mn for failing to flag suspected money laundering
• Every dollar moves faster than the governance structure that has to live with what the money builds
• Treasury just sanctioned a Hong Kong tech firm for moving money through channels designed to look like ordinary commerce.

Connections

38 entities linked to Money across the news graph.