• Banned Luxury Goods Wednesday, 30 Nov 2011 | 10:11 AM ET
    In November 2011, West Hollywood, Calif., became the first city in the U.S. to ban the sale of clothing made of animal fur. The ban goes into effect in , and animal rights activists are hopeful that it will lead other cities to adopt similar measures and, ultimately, end the practice of using animal fur entirely.If history is any indication, even an all-out nationwide ban on animal fur is unlikely to squelch demand. Rather, the likelihood is that it would simply create a black market for such it

    Many luxury goods have existed for centuries and enjoyed widespread popularity despite official bans. What are some in-demand luxury goods that have been banned?

  • JPMorgan to Pay $88 Million for Violating US Sanctions Thursday, 25 Aug 2011 | 4:34 PM ET
    JP Morgan Chase

    JPMorgan has agreed to pay $88.3 million to settle potential civil liability for apparent violations of a wide range of US sanctions, the Treasury department said.

  • Chavez Reveals He Is Fighting Cancer After Surgery Friday, 1 Jul 2011 | 8:04 AM ET
    Hugo Chavez

    Venezuelan President Hugo Chavez revealed that he is fighting cancer after having a tumor removed in Cuba, raising uncertainty about his political future even as he assured his country he expects to fully recover.

  • Cuba Just Got a Little More Libre Monday, 14 Mar 2011 | 3:30 PM ET
    Havana, Cuba, The Ministry of the Interior located in the Plaza de la Revolucion.

    Cuba has devalued its hard-currency peso by eight percent. Tourists, come on down!

  • A Continental Shift In Latin America Monday, 24 Jan 2011 | 11:36 AM ET
    Christ the Redeemer statue, Rio de Janeiro, Brazil

    After decades of boom to bust behavior, economies  from Mexico to Brazil are looking dynamic, diverse and  durable, helped by a wealth of natural resources and a good measure of fiscal discipline.

  • Cubans Face New Reality as Job Cuts Begin Thursday, 7 Oct 2010 | 5:00 PM ET
    The Cuban flag flying in Park Central in Havana.

    Cubans faced a harsh new reality this week—the dismissal slip —as the government began slashing state payrolls in a cost-cutting move that has created job insecurity for the first time in years in the Communist-run country.

  • Cuba to Fire State Workers in Hope They Go Private Tuesday, 14 Sep 2010 | 5:30 AM ET
    Cuba, Havana

    In perhaps the clearest sign yet that economic change is gathering pace in Cuba, the government plans to lay off more than half a million people from the public sector in the expectation that they will move into private businesses, reports the New York Times.

  • Second Stimulus: Education or Infrastructure? Monday, 23 Aug 2010 | 7:47 AM ET

    Share your opinion in today's poll.

  • Time to End the Embargo on Cuba? Friday, 20 Aug 2010 | 8:59 AM ET
    Havana, Cuba

    Share your opinion in today's poll.

  • Barclays 'Sweetheart Deal' Under Fire Wednesday, 18 Aug 2010 | 6:23 AM ET

    A federal judge on Tuesday criticized Barclays’ $298 million deal with the U.S. authorities to settle charges of facilitating payments that violated sanctions against countries including Cuba and Iran. The FT reports.

  • Barclays to Pay $298 Million in Foreign Bank Case Monday, 16 Aug 2010 | 5:09 PM ET
    A woman leaves a branch of Barclays Bank in central London, Monday, April 23, 2007. ABN Amro NV and Barclays PLC announced Monday they have agreed to merge, in the largest cross-border combination in European banking history. (AP Photo/Sang Tan)

    Barclays has agreed to pay $298 million over criminal allegations that it illegally engaged in financial transactions with banks in Cuba, Iran, Libya, Sudan and Burma, the Justice Department disclosed in court papers filed Monday.

  • Escape From Havana: Personal Stories Tuesday, 25 May 2010 | 9:48 AM ET
    Between 1960 and 1962, more than 14,000 Cuban children were secretly flown to the United States to escape Fidel Castro's regime. Parents said goodbye to their children not knowing if they would ever see them again. The airlift over the Florida Straits became known as Operation Peter Pan or Operación Pedro Pan in Spanish.It was supposed to be a democratic revolution when Fidel Castro came to power in Cuba. But Castro soon turned to communism and dictatorship. Rumors began to spread among the elit

    In the following pictures, we tell the story of some of the individuals — the Pedro Pans — who struggled, adapted and even prevailed under incredibly difficult circumstances.

  • Who's Doing Business with Cuba, Despite Embargo Tuesday, 25 May 2010 | 9:35 AM ET
    Women carrying Cuban flag through Havana streets.

    Despite an economic embargo against Cuba that has existed for a half century, Americans and citizens of US allies routinely conduct business with the country, including trade and tourism.

  • Cuba Struggles, Turns Out the Lights to Save Economy Friday, 31 Jul 2009 | 4:12 PM ET

    It's hard to find a spare tire in Cuba these days, or a cup of yogurt. Air conditioners are shut off in the dead heat. Factories close at peak hours, and workers go without their government-subsidized lunches.

  • Cuba Agrees to Resume Talks With US on Immigration Sunday, 31 May 2009 | 10:37 AM ET
    Fidel Castro

    Cuba has agreed to resume talks with the Obama administration on legal immigration of Cubans to the United States and direct mail service between the two countries, a State Department official said Sunday.

  • Mad Mail: Hyman Roth Returns to Cuba? Monday, 18 May 2009 | 9:26 PM ET

    Plus, Cramer answers questions about secondary offerings and the banks and investors who may – or may not – benefit from them.

  • Cuban-Americans Optimistic, Wary of New Cuba Rules Tuesday, 14 Apr 2009 | 9:04 AM ET
    Fidel Castro

    Delsa Bernardo was ready to pop rolls in the oven at Yiya's Gourmet Cuban Bakery when she heard the news: After years of separation, she could finally visit her 80-year-old aunt in Cuba, any time she wanted.

  • Stocks that Could Gain From Warming US-Cuban Relations Tuesday, 14 Apr 2009 | 8:55 AM ET

    President Obama's decision to ease US restrictions on Cuba sets a prospect for improving the 47-year-old US trade embargo on the island, potentially allowing American companies to gain access to a market that has been dominated by Europe and Canada.

  • Web Extra: Cuba Libre? Monday, 13 Apr 2009 | 6:24 PM ET

    On Monday President Obama eased the way for U.S. telecommunications firms to do business with Cuba. How does emerging markets trader Tim Seymour suggest playing it?

  • Chadwick: Why Obama's Right On Cuba Monday, 6 Apr 2009 | 11:02 AM ET
    Sen. Barack Obama, D-Ill., answers a question during the first Democratic presidential primary debate of the 2008 election hosted by South Carolina State University in Orangeburg, S.C., Thursday, April 26, 2007. (AP Photo/J. Scott Applewhite)

    Thank you, Mr. President, for doing what should have been done long ago, by moving forward to open up diplomatic and trade relations with Cuba.