In Global First, El Salvador Adopts Bitcoin as Currency

President Nayib Bukele has promoted the cryptocurrency as a path to financial freedom, but economic experts and many Salvadorans worry the move brings great risks.

Warning of Income Gap, Xi Tells China’s Tycoons to Share Wealth

As the country’s leader prepares for a likely third term, he is promising “common prosperity” to lift farmers and working families into the middle class.

Opinion | Lebanon as We Once Knew It Is Gone

The standards by which “normal” or “acceptable” living conditions are measured have long been discarded.

Short on Money, Legal and Otherwise, the Taliban Face a Crisis

The group has long tapped underground banks and opium to fund Afghanistan’s insurgency. Fixing the nation’s problems will require a lot more than that.

Is Brooklyn Leading New York City Out of the Pandemic?

The emptying of Manhattan’s office districts has benefited Brooklyn neighborhoods where residents worked from home, testing the balance of power between the city’s boroughs.

India’s Economic Figures Belie Covid-19’s Toll

Strong results compared with last year’s performance mask lingering weaknesses that could hold back needed job creation.

The World Is Still Short of Everything. Get Used to It.

Pandemic-related product shortages — from computer chips to construction materials — were supposed to be resolved by now. Instead, the world has gained a lesson in the ripple effects of disruption.

Opinion | California Could Throw Away What It’s Won

A crazy recall process could lead to repudiation of the state’s policy successes.

New York’s Economy, Poised for Comeback, Finds Setback Instead

The Delta variant has upended events, office reopenings and travel, raising new challenges for service businesses and their workers.

Afghanistan Faces Economic Shock as Sanctions Replace Foreign Aid

The Taliban will be under pressure to keep a fragile economy afloat.

South Koreans Now Dislike China More Than They Dislike Japan

There is growing anti-China sentiment in South Korea, particularly among young voters. Conservative politicians are eager to turn the antipathy into a presidential election issue.

U.S. and I.M.F. Apply a Financial Squeeze on the Taliban

Most of the Afghan central bank’s reserves are frozen at the Federal Reserve. And the International Monetary Fund will block more than $400 million in aid.

Evergrande Went From China’s Biggest Developer to One of Its Worst Debtors

Regulators want to fix the property sector’s bad habit of borrowing too much. Evergrande, with its billions of dollars in debt, may stand in the way.

A Renewal for IBM Campuses Once Home to Punch Cards and Circuit Boards

When Big Blue left upstate New York, economic pain ensued. But the large complexes left behind are ideally suited for large-scale production and shipping, local officials say.

Office Vacancies Soar in New York, a Dire Sign for the City’s Recovery

Nearly 19 percent of all office space in Manhattan has no tenants — the highest on record — as companies shed leases and embrace remote work.

Opinion | Economics in a Post-Truth Nation

Things are getting better, but many Republicans won’t believe it.

New York Faces Lasting Economic Toll Even as Pandemic Passes

The city’s prosperity is heavily dependent on patterns of work and travel that may be irreversibly altered.

Judge Blocks C.D.C. From Enforcing Virus Rules for Cruise Ships in Florida

The decision was a victory for Florida, which had argued that the rules were crippling the cruise industry and causing the state to lose hundreds of millions of dollars.

As China Scrutinizes Its Entrepreneurs, a Power Couple Cashes Out

The husband-and-wife team atop Soho China had already been keeping a lower profile than they did during an earlier, freer era of the country’s economic revival. Now they are selling their real estate business to Blackstone.

Opinion | The American Renaissance Has Begun

During the pandemic, Americans have been asking existential questions about their lives; now they are changing them.