The audacious U.S. special forces raid to capture Venezuelan leader Nicolás Maduro and bring him to the U.S. to face charges related to drugs and weapons trafficking could potentially lead to economic relief for average Venezuelans struggling under the regime’s socialist economic policies. Venezuela’s economy is heavily reliant on oil exports…

Hilton Hotels said it is investigating an independently owned Minneapolis-area property after the Department of Homeland Security (DHS) alleged law enforcement officers were refused service, a dispute that has renewed scrutiny of the company’s long-standing opposition to immigration-related activity at its hotels. Emails shared on social media by DHS and…

The U.S. military operation to apprehend and remove Venezuelan leader Nicolás Maduro from power could put pressure on Cuba’s economy as the communist country reels from the loss of a key economic and security partner. Maduro was captured alongside his wife over the weekend after President Donald Trump ordered the operation…

The toppling of Nicolas Maduro has thrust Venezuela’s debt crisis – one of the world’s largest unresolved sovereign defaults – into the limelight. Following years of economic crisis and U.S. sanctions that severed the country from international capital markets, Venezuela defaulted in late 2017 after missing payments on international bonds…

Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices slightly higher in the weeks ahead, according to an industry expert. Still, prices at the pump would remain at their lowest levels since the COVID-19 pandemic. Andy Lipow, president of Lipow Oil Associates, projected that…

Billionaire hedge fund manager Bill Ackman has blasted California’s proposed wealth tax as a potential government seizure of private property, arguing such taxes have failed everywhere they have been tried. Ackman, who is not a California resident, took to X earlier this week to criticize the proposal which, if approved…

Gold’s stratospheric rise, the best percentage gain since 1979, surprised even the most bullish metal mavens as Wall Street firms chased the run-up. The precious metal, which sat at $2,606 last December, rallied over 66% in 2025, hitting a series of new highs, settling around the $4,325 level at year-end.…

The U.S. is showing signs of a “K-shaped” economy with spending among lower-income consumers showing little growth in comparison to their higher-income counterparts, a new analysis from the Bank of America Institute shows. Internal data detailed in the report showed that in November the three-month average of total card spending reflected…

A federal judge ruled Tuesday that the Trump administration is legally required to secure funding for the U.S. Consumer Financial Protection Bureau (CFPB), and that failing to do so would violate a prior court order barring the government from dismantling or shutting down the agency. In the 32-page ruling, U.S.…

Homebuyers can usher in 2026 with a little relief as mortgage rates fell to the lowest level of 2025 in the final report of the year.  Freddie Mac’s latest Primary Mortgage Market Survey, released Wednesday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.15% from last…