Business, Finance & Economics

payment screen with options for credit, debit and Pix

Brazil’s innovative Pix banking system is replacing cash and credit cards

April 18, 2024Arts, Culture & Media

PIX is a three-year-old system developed by the Brazilian Central Bank that has revolutionized how Brazilians pay for things. It’s like sending an instant wire transfer through the banking app on your phone with the click of a button, and no fees. Michael Fox reports from Florianópolis, Brazil, on how the banking app has changed Brazilian society in just three years.

Students at the all-female Effat University in Jeddah, Saudi Arabia participate in a driving skills workshop run by Ford.

Will Saudi women drive once ban is lifted? US car companies want to find out.

March 23, 2018Business, Finance & Economics

People build a snowman outside the US Capitol in Washington, D.C., March 21, 2018.

House approves government spending bill despite conservative revolt

March 22, 2018Business, Finance & Economics

A man is silhouetted against a molten orange background.

US open to tariff exemptions for more countries

March 10, 2018Business, Finance & Economics

Man at microphone speaking with hands up

It’s Trump versus California, but immigrants and employers already feel the fallout

March 9, 2018Business, Finance & Economics

One person inspects a piece of metal, while another person holds a cart containing a more of the same pieces of metal.

New NAFTA talks aim to clear pathway to toughest issues

February 25, 2018Business, Finance & Economics

Officials say they’re unlikely to address any of the major changes demanded by the Trump administration

Two computers with scanners are set up on a counter in a convenience store, surrounded by packaged snacks and rows of gum and mints.

Will automated convenience stores put South Koreans out of work?

February 22, 2018Business, Finance & Economics

South Korea has one of the world’s highest human-to-convenience-store ratios, but increasingly, those stores are operating without staff, instead relying on machines to allow customers to purchase goods.

A paper sign is taped on top of a KFC ad telling customers that the restaurant is closed.

Hundreds of British KFC stores have to close — after they run out of chicken

February 19, 2018Business, Finance & Economics

Most of the chain’s 900-some UK stores are closed after a new supplier couldn’t deliver chicken to stores

Wages for American workers are ticking upwards, but the US remains one of the world’s most inequitable nations, and one with a weak social safety net compared with other Western democracies.

Wages for American workers are ticking upward, but the US remains one of the world’s most inequitable nations

February 9, 2018Business, Finance & Economics

The American economy is strong by most metrics. But income inequality remains a huge concern: In some cases, a CEO can make a workers’ annual income in a single day.

Miami has the second-largest population of US cities that are vulnerable to flooding due to climate change.

Cities may need to act on climate change or see their bond ratings drop

February 5, 2018Business, Finance & Economics

The credit rating agency Moody’s Investor Services has issued a company memo that outlines its plans to quantify the increasing risks posed by climate change.