The Kremlin and the Communist Chinese regime, through their state-controlled “companies,” have been signing major deals with each other that analysts say will contribute to the acceleration of the U.S. dollar losing its status as the global reserve currency. Two agreements in recent weeks deserve special attention: a $400 billion Sino-Russo energy contract, and a separate deal between two of Russia and China’s largest financial institutions to bypass the dollar in favor of domestic currencies. The geopolitical implications of the fast-moving trends are monumental — especially for the United States, where the end of dollar hegemony will lead to potentially unprecedented economic upheaval.

International Monetary Fund boss Christine Lagarde shocked the world by saying IMF headquarters could someday move from Washington, D.C., to Beijing.

Organizations representing the milk and dairy industry have threatened to pull their support for the Trans-Pacific Partnership unless Canada and Japan agree to import U.S. dairy products.

Raising the minimum wage is offered as a way to help minorities and the working poor, but doing so would end up hurting those groups the most.

On June 4, Oklahoma joined Utah, Texas, and Louisiana in affirming that gold and silver coins are legal tender in the payment of debts within the state.