The Latest Breaking News from Economy

Goldman Sachs said property damage from hurricanes Helene and Milton could cost a combined $90 billion.

Venezuela’s top prosecutor has announced the arrest of a former oil minister and accused him of working with the U.S. government to undermine the industry that drives the country’s economy

Some warn that taxing unrealized gains could devastate the economy, but are those fears realistic?

China is gradually establishing itself as a major player in what has recently been called the Global South, previously known as the Non-Aligned Movement. Over the last few decades, China has become the world’s biggest creditor of developing countries. That has prompted many to fear that it will subjugate partners…