The Pix instant payment system is used by nearly everyone in Brazil, from street vendors to major retailers. In a recent op-ed, economist Paul Krugman even touted it as the “future of money”. Its ...

LONDON (Reuters) -The pace of global rate cuts is slowing as the European Central Bank nears the end of its easing cycle, the ...

The dollar headed for its first monthly rise of 2025 on Thursday, fuelled by investor confidence in the resilience of the U.S ...

The jobless rate stood at 6.2% in June, unchanged from a revised May estimate and matching historically low levels.