Cuba approves unprecedented free-market reforms in effort to stave off economic collapse

Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the Communist island from a severe crisis aggravated by a U.S. oil blockade. In a landmark speech to the National Assembly, Prime Minister Manuel Marrero unveiled 176 measures aimed at rolling back the state’s role in the economy and attracting investment in everything … Read more

Analyzing a potential U.S., Iran agreement and the economic impact of the war

The U.S. and Iran appear closer than ever to an agreement that would launch negotiations on a long-term peace deal. CBS News national security contributor Sam Vinograd has analysis, and Linda Bilmes, a senior lecturer at the Harvard Kennedy School, discusses the Iran war’s economic impact. Source link

The World Cup will draw millions of fans, but economic payoff is modest

The 2026 World Cup, which kicks off today, will be held across three countries and 16 cities, making it the biggest sporting event ever and a commercial bonanza.  The five-week soccer tournament is expected to engage around 6 billion people globally and draw 6.5 million fans to the games. A joint FIFA and World Trade … Read more

The World Cup hotel boom may not be happening — and neither may the expected economic windfall

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing The World Cup hotel boom may not be happening — and neither may the expected economic windfall 02:50 UP NEXT High gas and car prices drive banned Chinese electric vehicles into U.S. consumer focus 02:50 Chaos consumes Swatch … Read more

Reporter’s Notebook: GOP bets on fraud crackdown as economic woes surge ahead of midterms

NEWYou can now listen to Fox News articles! The GOP’s campaign message about a porous border resonated with voters in 2024. Voters routinely listed border security as the first or second most important issue to them in multiple polls ahead of the last election. But how about ahead of the midterms? Well, the border is … Read more

5 economic signals suggest U.S. consumers are feeling the strain

For years, American consumers have defied predictions and kept the economy moving forward with their spending even amid a raft of financial pressures. Yet signs of financial strain are emerging as households grapple with the highest inflation rate in nearly three years. Consumer spending drives about 70% of U.S. economic activity, raising concerns about a slowdown … Read more