Economics News – Virgin Islands Free Press

Trump may look like he’s winning the trade war, but hurdles remain

WASHINGTON (Reuters) — At a glance, President Donald Trump appears to be winning the trade war he unleashed after returning to the White House in January, bending major trading partners…

John McCarthy August 7, 2025

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The presidential election is prompting some Americans to ‘doom spend,’ report finds

MIAMI — Retail therapy is thinly coating voters’ anxieties from the presidential election — and their wallets know it. About 27% of polled shoppers say they are “doom spending” — that is,…

John McCarthy November 5, 2024

Breaking News Business News Caribbean News

Long lines form and frustration grows as Cuba runs short of cash

HAVANA (AP) — Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM, but when it was almost his…

John McCarthy April 30, 2024

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It’s Time To Rethink Our Cruise Ship Tourism Strategy: Expert Opinion

Since March 2020, cruise arrivals in the U.S. Virgin Islands plummeted with adverse economic consequences for the local economy. From January to November 2020, cruise arrivals totaled 440,398 whereas for…

Mark Wenner March 11, 2021