How markets, people and power interact.
Puerto Rico will default today on $422 million in debt
Instead of paying its creditors, the cash-strapped island nation will fund public sector salaries, health and education budgets.
The first sub-Saharan Starbucks opens with an invite-only launch party
Tastes like middle-class consumerism.
Shinola is trying to sell Detroit's comeback story, and its watches, overseas
A Detroit company brings its marketing message of the gritty underdog to Europe.
K-pop’s gross double standard for women
The Korean pop music empire is now perhaps the country's biggest export, yet the product it peddles is all too often incredibly sexist.
Saudi unveils far-reaching plan to move away from oil
Saudi Arabia said Monday it would create the world's largest sovereign investment fund and sell shares in state energy giant Aramco under a vast plan unveiled to transform its oil-dependent economy.
German scientists seek way to end live chick shredding
In a basement of Dresden University, German scientists are busy refining a technique that could save millions of fluffy chicks from being shredded to death moments after they hatch
America’s trucking industry faces a shortage. Meet the immigrants helping fill the gap.
As veteran drivers age out, immigrants are stepping in. In California, nearly 50 percent of truck drivers were born outside of the United States.
One-time slave Harriet Tubman to be new face of US $20 bill
The abolitionist will be the first woman and first African American featured on US currency.
Some drug cartels now make more money from gold than cocaine
Gangs in Peru and Colombia move from exporting illegal drugs to illegal gold.
The top 50 US corporations are stashing $1.4 trillion in offshore tax havens
A new Oxfam report says the US is losing $100 billion every year in tax revenue, as the nation’s biggest companies shelter massive profits from the IRS.
Putin admits Panama Papers are 'accurate,' but he blames the US for the leak
The Russian leader says the money was used to buy musical instruments.
Britain's Cameron says he mishandled Panama Papers tax scrutiny
"Well, it's not been a great week," Cameron began.
Censors in China: 'What Panama Papers?'
The Panama Papers have linked offshore shell companies to many of China's top leaders, but you won't read about it in China.
The fallout: Huge Panama Papers investigation yields first casualties
Offshore accounts revealed. Heads of state, politicians and celebrities named. So what are the consequences of the biggest data leak ever? We'll keep you updated.
Obama's tax rule changes just killed Pfizer's $160bn merger with Allergan
The tie-up would have enabled Pfizer to slash its tax bill by moving its corporate domicile to Ireland where the business tax rate is much lower.
Iceland's prime minister quits over Panama Papers scandal
Sigmundur David Gunnlaugsson has become the first major political casualty of the massive document leak.
Why the secret world of offshore banking matters to you
Check out these interactives to understand the biggest data leak in history.
Old custom, new couples: Gay Indians are having arranged marriages
A new company is helping gay Indians find spouses — even if India won’t recognize their marriages yet.
Libya now has three governments, none of which are able to govern
The next few weeks will be crucial in deciding Libya’s fate.
Why Singapore is ground zero for the robot car revolution
Silicon Valley is the world’s top research hub for autonomous cars. But Singapore appears primed to tap America’s technological gains and get them on the road first.
Burundi’s last civil war killed 300,000. A new one is coming
Once again, Burundi is spiraling toward civil war.
The global rent-a-womb industry is starting to crumble
Developing nations are getting tired of renting women's bodies to Westerners.
Uber is expanding in Africa — and so are anti-Uber protests
In Nairobi this week, an Uber driver's car was torched. Again.
Why Cambodia's sex workers don't need to be saved
Painting sex workers as pitiful girls swallowed by an underground industry doesn’t help women with limited work options.
Global financial markets are getting used to terrorism
Investors reacted to the deadly terrorist attacks in Brussels on Tuesday with predictable swiftness. But it didn’t take long for calm to return. Here's why.
Venezuelans in the US say their country is worse than 1960s Cuba
And some think it's time to give persecuted Venezuelans the same special benefits Cuban refugees in the US have enjoyed.
You won’t be able to make it through this video of the British chancellor 'interacting' with kids
George Osborne has a history of being awkward around children, but this is something else.
Global risk index: Trump presidency on par with terrorism
Few things are more threatening to security and the global economy than Donald Trump winning the US presidency, according to the Economist Intelligence Unit.
Brazil's top corruption judge to take over Lula case
A state criminal case charges Brazil's ex-president and leftist icon Luiz Inacio Lula da Silva with money laundering in the country's biggest-ever corruption scandal.
A shortlist of Canadian women who deserve to be on a bank note
So many amazing candidates.
Montreal wants a complete ban on plastic water bottles
But local bottled water reps complain their healthy beverage is being singled out.