Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Agricultureread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
The president also said he "offered to personally vouch" for Rocky's bail. Sweden, however, does not have a bail system.Politicsread more
CoinShares Chief Strategy Officer Meltem Demirors discusses Facebook's Libra project and its impact on the cryptocurrency market after testifying to the House Financial...Fast Moneyread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
A Venezuelan ministry last week announced Resolution No. 9855, which calls for the establishment of a "transitory labor regime" in order to relaunch the agricultural and food sector. The decree says that the government must do what is "necessary to achieve strategic levels of self-sufficiency," and states that workers can be forcefully moved from their jobs to work in farm fields or elsewhere in the agricultural sector for periods of 60 days.
"Trying to tackle Venezuela's severe food shortages by forcing people to work the fields is like trying to fix a broken leg with a band aid," said Erika Guevara Rosas, Americas director at Amnesty International, in a statement.
The law is vague in laying out exactly which workers can be forced to work in the farm sector, though it indicates that both public- and private-sector workers may be included. While working in food production, workers will be suspended from their regular jobs. They'll be allowed to return to their original jobs upon the completion of service.
"The new decree completely misses the point when it comes to finding ways for Venezuela to crawl out of the deep crisis it has been submerged in for years," Rosas said. "Authorities in Venezuela must focus on requesting and getting much needed humanitarian aid to the millions in need across the country and develop a workable long term plan to tackle the crisis."
Venezuela's oil-dependent economy capsized with the fall in crude prices in 2014, leaving whole swaths of the country's 31 million people without enough food or other necessities. Inflation is expected to hit almost 720 percent this year, and gross domestic product is seen falling by 8 percent, according to the International Monetary Fund.
Maduro's predecessor, Hugo Chavez, left the nation in a vulnerable economic position by nationalizing energy assets while oil prices were high and spending proceeds on widespread social programs. Oil's global drop in 2014 left the government far short of its revenue needs and with only an anemic private sector to generate taxes or jobs.