cash

Armored trucks are parked outside the GardaWorld facility in the Sylmar section of Los Angeles on Thursday, April 4, 2024.

National

This LA heist sounds like a thriller novel. Thieves stole $30 million in cash

6:37am April 05, 2024

by The Associated Press

Thieves got away with $30 million in cash from a money storage facility in Los Angeles by breaking into the building on Easter and cracking the safe. Now detectives are seeking to unravel the heist.

Should We Kill The $100 Bill?

10:19am September 15, 2020

by Jacob Goldstein

It feels like cash has disappeared. But there's more paper money out there than ever. That might be a problem.

A cashier accepts payment from a customer in Munich in March.

World News

Pandemic Or Not, Germans Still Prefer Cash

11:11am August 11, 2020

by Esme Nicholson

"I'm not in the slightest bit concerned about using cash right now," one Berlin shopper says. "I just keep washing my hands. Simple." Cash makes up 75% of Germany's transactions.

A woman wearing gloves pays for her purchase at a supermarket in Los Angeles. Bank regulators are urging consumers not to hoard cash, after reports of large withdrawals by some customers worried about the coronavirus.

Economy

Don't Dash For Cash: Authorities Say There's No Need To Empty The ATM

8:09pm March 26, 2020

by Scott Horsley

Regulators urge consumers not to drain their bank accounts, after reports of large withdrawals by some customers worried about the coronavirus. The FDIC reminds us the accounts are insured.

Queue Listen Now

A sign alerts customers that cash is not accepted at a shop in San Francisco last year. The city subsequently banned businesses from rejecting cash.

Cities And States Are Saying No To Cashless Shops

6:22pm February 06, 2020

by Alina Selyukh

Washington, D.C., is the latest city to consider banning businesses from rejecting cash. Opponents of cashless stores say they discriminate against low-income, homeless and undocumented people.

Queue Listen Now

Many Germans say cash is quick and easy to use and keeps transactions more private.

For Many Germans, Cash Is Still King

3:22pm June 09, 2019

by Simon Schütz

Average citizens in Germany carry more than 100 euros on them, significantly more than most of their European neighbors, and they keep big stashes at home.

Economy

Is Venmo Changing Your Money Habits? Tell Us About It

9:17pm February 15, 2019

by Daniella Cheslow

Has Venmo changed the way you talk to your friends? And do you have questions about how to use it?

The Urban Deli cafe in Stockholm no longer accepts cash for any transactions. Going cashless is a growing trend throughout Sweden that some are beginning to question.

Economy

Sweden's Cashless Experiment: Is It Too Much Too Fast?

8:07pm February 11, 2019

by Maddy Savage

In Sweden, few people use cash anymore. Most people pay by card, online or with digital apps, and that trend is spurring a new debate on whether going cashless is fair for everyone.

Queue Listen Now

A man checks his phone to confirm that the charity GiveDirectly has transferred a cash grant to his account.

Which Foreign Aid Programs Work? The U.S. Runs A Test — But Won't Talk About It

7:37pm September 14, 2018

by Nurith Aizenman

USAID has launched a series of experiments to see how traditional aid compares to giving people cash. The first results are in. And they're proving controversial.

Zimbabweans stand in line in front of NMB bank in Harare. Zimbabwe has been facing a major cash shortage for the past two years, a symptom of the country's larger and longer economic crisis.

World News

Mugabe's Gone, But Zimbabwe Still Has A Serious Cash Shortage

8:39am July 28, 2018

The lack of hard currency is a severe problem for the southern African nation.

Queue Listen Now