Feed MRSS-S Noticias, english.elpais.com, economy-and-business en-us https://english.elpais.com Sun, 04 Oct 2026 04:00:00 GMT https://english.elpais.com/international/2026-10-03/shell-companies-kyrgyz-firms-and-cryptocurrencies-the-kremlins-phantom-network-to-evade-sanctions.html Sun, 04 Oct 2026 04:00:00 GMT https://english.elpais.com/international/2026-10-03/shell-companies-kyrgyz-firms-and-cryptocurrencies-the-kremlins-phantom-network-to-evade-sanctions.html Javier González Cuesta ,Elisa Tasca A Moldovan fugitive named Ilan Shor is behind A7, a parallel financial structure that allows Russia to skirt its international isolation A Moldovan fugitive named Ilan Shor is behind A7, a parallel financial structure that allows Russia to skirt its international isolation Kremlin Vladimir Putin Moldavia Joseph Biden Román Abramóvich Austria Vyacheslav Prokofyev (Vyacheslav Prokofyev/Pool Sputni) Russian invasion of Ukraine Russian President Vladimir Putin in mid-September in Moscow. Russian President Vladimir Putin in mid-September in Moscow. <p>The Russian invasion of Ukraine is <a href="https://english.elpais.com/international/2026-08-13/civilians-in-ukraine-and-russia-are-paying-an-ever-higher-price-in-the-war.html" target="_self" rel="" title="https://english.elpais.com/international/2026-08-13/civilians-in-ukraine-and-russia-are-paying-an-ever-higher-price-in-the-war.html">approaching its fifth year</a>. Since February 24, 2022, Europe and the United States have rolled out a battery of sanctions intended to strangle the Russian economy to the point where regime change would be the only viable outcome for the Kremlin. The wave of restrictions, however, has several loopholes — some deliberately left by the West to preserve certain exchanges, such as a limited purchase of hydrocarbons.</p><p><a href="https://english.elpais.com/international/2026-10-03/shell-companies-kyrgyz-firms-and-cryptocurrencies-the-kremlins-phantom-network-to-evade-sanctions.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-10-01/brett-christophers-economic-geographer-in-contemporary-capitalism-the-right-to-housing-does-not-exist.html Thu, 01 Oct 2026 14:08:52 GMT https://english.elpais.com/economy-and-business/2026-10-01/brett-christophers-economic-geographer-in-contemporary-capitalism-the-right-to-housing-does-not-exist.html Lluís Pellicer Mateu The British academic and essayist, an expert on the strategies of investment funds, says the concept has been replaced by the right to ‘buy a house’ The British academic and essayist, an expert on the strategies of investment funds, says the concept has been replaced by the right to ‘buy a house’ BlackRock Blackstone JP Morgan Goldman Sachs Barcelona Massimiliano Minocri (EL PAÍS) IDEAS 04/10/2026 WEB Brett Christophers Economist Brett Christophers, an expert on investment funds and housing, in Barcelona. Economist Brett Christophers, an expert on investment funds and housing, in Barcelona. <img src="https://images.english.elpais.com/resizer/v2/ROUK6BUT35FJPKC34ZNVLR4VTA.jpg?auth=db2f221de8ce083f39808b5cd367a8430e3c88a862a9c7baa2e5c18d0fdd2e8f" width="5577" height="3718" alt="Economist Brett Christophers, an expert on investment funds and housing, in Barcelona."></img><p>Brett Christophers, 55, has spent years studying the strategies of large corporations. He began by examining big investment banks <a href="https://english.elpais.com/economy-and-business/2026-07-25/jamie-dimon-the-most-powerful-banker-in-the-world-i-know-europe-doesnt-see-the-us-as-a-friend-but-it-is.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-07-25/jamie-dimon-the-most-powerful-banker-in-the-world-i-know-europe-doesnt-see-the-us-as-a-friend-but-it-is.html">such as JP Morgan</a> and Goldman Sachs. But he soon noticed those names being pushed aside on the agendas of politicians and influencers by investment firms like BlackRock and Blackstone. It was not sudden: for decades they had quietly gained ground, and now control almost every aspect of a citizen’s daily life — the home they live in, the water they wash with, the road or railway they use to get to work, or the hospital they visit for an emergency. That is what Christophers, an economic geographer at the Institute for Housing and Urban Research at Uppsala University (Sweden), has been documenting in multiple studies and, more recently, in books such as <i>Our Lives in Their Portfolios: Why Asset Managers Own the World</i> and <i>Rentier Capitalism: Who Owns the Economy, and Who Pays for It?</i>.</p><p><a href="https://english.elpais.com/economy-and-business/2026-10-01/brett-christophers-economic-geographer-in-contemporary-capitalism-the-right-to-housing-does-not-exist.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-30/the-yield-on-the-us-10-year-treasury-reached-its-highest-level-in-two-decades-why-should-you-care.html Wed, 30 Sep 2026 11:13:38 GMT https://english.elpais.com/economy-and-business/2026-09-30/the-yield-on-the-us-10-year-treasury-reached-its-highest-level-in-two-decades-why-should-you-care.html Jesús-Sérvulo González Moreno The return on the bond has risen to 5.25%, the highest since 2007, just before the financial crisis that plunged the world into a long era of austerity The return on the bond has risen to 5.25%, the highest since 2007, just before the financial crisis that plunged the world into a long era of austerity Wall Street Lehman Brothers Yen Kevin Warsh ANGELA WEISS (AFP) New York Stock Exchange The New York Stock Exchange (NYSE) on Wall Street. The New York Stock Exchange (NYSE) on Wall Street. <p>The <a href="https://english.elpais.com/economy-and-business/2026-08-25/trump-administration-faces-a-major-financial-battle-in-the-bond-market.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-08-25/trump-administration-faces-a-major-financial-battle-in-the-bond-market.html">U.S. Treasury bond market</a> is scorching hot and this should worry you because of the consequences for your bottom line. Your mortgage rate, car loan, credit card interest or business loan rates could rise driven by the state of government debt securities.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-30/the-yield-on-the-us-10-year-treasury-reached-its-highest-level-in-two-decades-why-should-you-care.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-29/sven-beckert-historian-capitalism-is-not-natural-in-fact-it-is-very-strange.html Tue, 29 Sep 2026 19:26:37 GMT https://english.elpais.com/economy-and-business/2026-09-29/sven-beckert-historian-capitalism-is-not-natural-in-fact-it-is-very-strange.html Josep Catà Figuls In a monumental book now translated into Spanish, the German-American scholar addresses how this economic model—the most impactful revolution of the past thousand years—now occupies every aspect of our lives In a monumental book now translated into Spanish, the German-American scholar addresses how this economic model—the most impactful revolution of the past thousand years—now occupies every aspect of our lives Barbados Karl Marx China Uber Barcelona Albert Garcia (EL PAÍS) Sven Beckert The historian Sven Beckert, on the terrace of Laie bookstore on September 22, 2026. The historian Sven Beckert, on the terrace of Laie bookstore on September 22, 2026. <img src="https://images.english.elpais.com/resizer/v2/LKGM77YTLNGPDJ37TYZBELCFQU.jpg?auth=b889a25340c4b8cc17f70408b27ab0619f3c3e1833f4ef63abfa73e30bf6d055" width="3780" height="2520" alt="The historian Sven Beckert, on the terrace of Laie bookstore on September 22, 2026."></img><p>A merchant named Robert Keyne showed up crestfallen before the General Court of Massachusetts <a href="https://english.elpais.com/society/2023-07-10/ah-to-be-young-and-scandalized-who-are-these-puriteens-anyway.html" target="_self" rel="" title="https://english.elpais.com/society/2023-07-10/ah-to-be-young-and-scandalized-who-are-these-puriteens-anyway.html">in Puritan Boston</a> in 1639. His offense: trying to sell at the highest possible price and buy at the lowest possible price, putting his profits above the interests of the community. The judges showed no mercy: they fined him £200 for a practice they described as “extremely wicked and corrupt” and for having embraced “false principles.” Yet those are the same principles that now seem completely natural to us and structure our entire lives.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-29/sven-beckert-historian-capitalism-is-not-natural-in-fact-it-is-very-strange.html" target="_blank">Seguir leyendo</a></p><img src="https://images.english.elpais.com/resizer/v2/6JYEHRMFUFAZBGDNQKJMJNY7U4.jpg?auth=e6c4f6fb76822df20318dec86367d8abd77b61fcce1d85b31c0cb5df9541fa5d" width="3780" height="2520" alt="The German-American historian surveys the history of capitalism in a 1,400-page book."></img> https://english.elpais.com/economy-and-business/2026-09-29/the-mexican-superpeso-is-over-currencys-losses-deepen-to-18-pesos-per-dollar-its-weakest-level-since-last-march.html Tue, 29 Sep 2026 12:59:16 GMT https://english.elpais.com/economy-and-business/2026-09-29/the-mexican-superpeso-is-over-currencys-losses-deepen-to-18-pesos-per-dollar-its-weakest-level-since-last-march.html Karina Suárez Rodríguez The strengthening of the dollar, a narrower interest-rate differential between Mexico and the U.S., and geopolitical conflicts weaken the performance of the Latin American currency The strengthening of the dollar, a narrower interest-rate differential between Mexico and the U.S., and geopolitical conflicts weaken the performance of the Latin American currency México Washington D.C. Peso mexicano Max Zolotukhin (Getty Images) The Mexican ‘superpeso’ One-peso coin on a background of U.S. dollar bills. One-peso coin on a background of U.S. dollar bills. <p>The Mexican peso is enduring a “black Monday.” The currency’s losses against the dollar deepened and fell to 18 pesos at the beginning of the week, its weakest level since last March. The strength of the U.S. dollar, uncertainty over the conflict in the Middle East and rising global interest rates have hit the currency, which after reaching 18 pesos per dollar closed the session at 17.95 pesos per dollar, according to Bank of Mexico data, representing a 1.8% depreciation from the previous close. The peso’s performance has been undermined by monetary policy decisions from the central banks of Mexico and the U.S. <a href="https://english.elpais.com/economy-and-business/2026-09-16/the-federal-reserve-defies-trump-with-a-25-basis-point-rate-hike.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-09-16/the-federal-reserve-defies-trump-with-a-25-basis-point-rate-hike.html">The Federal Reserve raised its interest rate</a> by 25 basis points, placing it in a range between 3.75% and 4%, its first increase since July 2023. That decision strengthened the dollar, while the Bank of Mexico kept its rate at 6.5%. The issue matters because a narrower gap between the two rates reduces the appeal of the carry trade, a strategy that involves borrowing in countries with very low interest rates to invest in countries where rates are higher and yields greater.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-29/the-mexican-superpeso-is-over-currencys-losses-deepen-to-18-pesos-per-dollar-its-weakest-level-since-last-march.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-28/china-the-white-elephant-in-usmexico-trade-negotiations.html Mon, 28 Sep 2026 13:11:42 GMT https://english.elpais.com/economy-and-business/2026-09-28/china-the-white-elephant-in-usmexico-trade-negotiations.html Karina Suárez Rodríguez Despite Mexico’s efforts to substitute Chinese imports, they grew 8% from January to July and exceeded $79 billion. Reducing the imbalance has become a priority for the Sheinbaum administration Despite Mexico’s efforts to substitute Chinese imports, they grew 8% from January to July and exceeded $79 billion. Reducing the imbalance has become a priority for the Sheinbaum administration China México Washington D.C. Donald Trump Claudia Sheinbaum Roberto Antillón (EL PAÍS) MEXICO - PUERTO DE MANZANILLO - ESPECIAL Containers at the port of Manzanillo, Mexico. Containers at the port of Manzanillo, Mexico. <p>Commercial integration between Mexico and the United States, under the protection of the USMCA trade agreement, will first have to navigate a complicated customs issue: China. On the eve of <a href="https://english.elpais.com/economy-and-business/2026-09-24/fourth-round-of-usmca-talks-between-us-and-mexico-postponed-due-to-xi-jinpings-dc-visit.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-09-24/fourth-round-of-usmca-talks-between-us-and-mexico-postponed-due-to-xi-jinpings-dc-visit.html">the fourth round of talks</a>, scheduled in theory for October, the economic rules that the Mexican government will impose on Chinese goods, investment and technology are of particular interest to the White House. </p><p><a href="https://english.elpais.com/economy-and-business/2026-09-28/china-the-white-elephant-in-usmexico-trade-negotiations.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-28/trumps-broken-promise-on-crypto-a-gold-mine-for-his-empire-multimillion-dollar-losses-for-investors.html Mon, 28 Sep 2026 12:02:10 GMT https://english.elpais.com/economy-and-business/2026-09-28/trumps-broken-promise-on-crypto-a-gold-mine-for-his-empire-multimillion-dollar-losses-for-investors.html Elisa Tasca,Jesús-Sérvulo González Moreno Nearly one million retail investors lost $3.81 billion while the Republican reported more than $1.4 billion from his crypto businesses Nearly one million retail investors lost $3.81 billion while the Republican reported more than $1.4 billion from his crypto businesses Donald Trump Bitcoin Ethereum Binance Coinbase SOPA Images (SOPA Images/LightRocket via Gett) People walk past an advertisement feature Donald Trump with A Donald Trump crypto advertisement. A Donald Trump crypto advertisement. <p>“I made a fortune with <a href="https://english.elpais.com/economy-and-business/2025-02-18/from-trump-to-milei-presidential-memecoins-roil-the-crypto-market.html#?rel=mas" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-02-18/from-trump-to-milei-presidential-memecoins-roil-the-crypto-market.html#?rel=mas">Trump’s memecoin</a>, but I lost it all the following month,” a user on X admits. “It’s a perfect Ponzi scheme,” says another. “It’s a scam, a fraud.” On other social platforms there are thousands of comments like these, ranging from investors asking “What did you expect?” to others who watched their savings vanish after chasing the promise of quick gains.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-28/trumps-broken-promise-on-crypto-a-gold-mine-for-his-empire-multimillion-dollar-losses-for-investors.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/international/2026-09-27/middle-east-conflicts-push-europe-toward-a-second-energy-crisis-in-five-years.html Sun, 27 Sep 2026 04:00:00 GMT https://english.elpais.com/international/2026-09-27/middle-east-conflicts-push-europe-toward-a-second-energy-crisis-in-five-years.html Ignacio Fariza Hormuz, Bab al-Mandab and the shutdown of the Saudi East-West pipeline, capped by damage to Russian refineries, trigger the biggest price surge since 2022 Hormuz, Bab al-Mandab and the shutdown of the Saudi East-West pipeline, capped by damage to Russian refineries, trigger the biggest price surge since 2022 Donald Trump Washington D.C. Irán U.S Army Kiev Kremlin Benjamin Netanyahu Israel Eurasia Group Amit Dave (REUTERS) Tourists with the oil tanker 'MT Desert Kite' in the background at Narara Marine National Park (India) on March 11. Tourists with the oil tanker 'MT Desert Kite' in the background at Narara Marine National Park (India) on March 11. <p>Donald Trump returned to power in Washington with two major foreign policy promises: to end the war in Ukraine “in 24 hours” and to keep his country out of more “<a href="https://english.elpais.com/usa/2026-07-27/trump-finds-his-own-forever-war-in-iran.html" target="_self" rel="" title="https://english.elpais.com/usa/2026-07-27/trump-finds-his-own-forever-war-in-iran.html">forever wars</a>.” Almost two years after his decisive electoral victory, the Russian invasion continues with no sign of a quick end, and the United States has plunged itself into yet another hornet’s nest in the Middle East. Two conflicts of unpredictable outcome have pushed fossil fuel costs to historic highs worldwide and are increasing doubts about whether — with price signals distorted — supply chains will withstand the pressure.</p><p><a href="https://english.elpais.com/international/2026-09-27/middle-east-conflicts-push-europe-toward-a-second-energy-crisis-in-five-years.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-27/operation-save-the-yen-japan-partially-turns-off-the-cheap-money-tap-with-a-little-help-from-its-american-friend.html Sun, 27 Sep 2026 04:00:00 GMT https://english.elpais.com/economy-and-business/2026-09-27/operation-save-the-yen-japan-partially-turns-off-the-cheap-money-tap-with-a-little-help-from-its-american-friend.html Gonzalo Robledo The Bank of Japan has aligned itself with the Federal Reserve, raising interest rates to curb the currency’s depreciation and get inflation under control  The Bank of Japan has aligned itself with the Federal Reserve, raising interest rates to curb the currency’s depreciation and get inflation under control  Japón Yen Scott Bessent Donald Trump Akio Kon (Bloomberg) (EL PAÍS) NEGOCIOS 20/09/2026 JAPON The Bank of Japan’s headquarters, in Tokyo. On September 18, 2026, the monetary authority hiked rates to a 31-year high. The Bank of Japan’s headquarters, in Tokyo. On September 18, 2026, the monetary authority hiked rates to a 31-year high. <p>The Bank of Japan had already announced an interest rate hike, in order to close the gap somewhat with the U.S. rate. However, by the time Japan’s monetary authority confirmed the increase on Friday, September 18, the <a href="https://english.elpais.com/economy-and-business/2026-09-16/the-federal-reserve-defies-trump-with-a-25-basis-point-rate-hike.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-09-16/the-federal-reserve-defies-trump-with-a-25-basis-point-rate-hike.html">Federal Reserve had already preempted it</a> with another hike that further widened the gap between the two economies. </p><p><a href="https://english.elpais.com/economy-and-business/2026-09-27/operation-save-the-yen-japan-partially-turns-off-the-cheap-money-tap-with-a-little-help-from-its-american-friend.html" target="_blank">Seguir leyendo</a></p><h3>The risk of a devalued yen</h3><p>A devalued yen presents a major concern for the United States: when the currency is too weak, Japan is forced to sell off U.S. Treasuries, in order to access physical American dollars (which, in turn, are used to prop up the yen). Hence, with too big of a difference between the two currencies, the fear of massive sell-off becomes imminent. Additionally, with Tokyo having promised to invest $550 billion in the U.S. through 2029 (in exchange for lower tariffs on Japanese goods), a weak yen makes such a commitment more shaky. By raising interest rates, the Bank of Japan makes returns on Japanese assets more appealing to local and foreign investors, thus making the yen stronger and U.S. dollar investment more feasible. </p> https://english.elpais.com/economy-and-business/2026-09-26/trumps-plan-to-ban-diesel-exports-aggravates-europe-and-latin-americas-energy-crisis.html Sat, 26 Sep 2026 04:00:00 GMT https://english.elpais.com/economy-and-business/2026-09-26/trumps-plan-to-ban-diesel-exports-aggravates-europe-and-latin-americas-energy-crisis.html Nuria Salobral ,Ignacio Fariza Facing record-high diesel prices at home, the Republican president is making a move before the November midterms. The resulting price spiral will have a negative impact outside the US Facing record-high diesel prices at home, the Republican president is making a move before the November midterms. The resulting price spiral will have a negative impact outside the US Energy Donald Trump Diésel sintético Irán México Mark Felix (Bloomberg) Gulf-Coast Refineries As Trump Tariffs Roil Markets Aerial view of a refinery in Houston, Texas, in March 2025. Aerial view of a refinery in Houston, Texas, in March 2025. <p>The United States and its energy industry <a href="https://english.elpais.com/economy-and-business/2026-09-22/the-unexpected-gift-from-donald-trump-that-is-benefiting-the-big-oil-companies.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-09-22/the-unexpected-gift-from-donald-trump-that-is-benefiting-the-big-oil-companies.html">are making a killing</a> selling crude oil and its derivatives to the rest of the world. The world’s largest economy is filling part of the gap left by supply cuts from Gulf countries due to the war in Iran, and from Russia due to Ukrainian attacks on its refineries. But everything has its limits, and the breaking point was reached on Tuesday, September 22, when diesel surpassed $6.50 a gallon at U.S. pumps. </p><p><a href="https://english.elpais.com/economy-and-business/2026-09-26/trumps-plan-to-ban-diesel-exports-aggravates-europe-and-latin-americas-energy-crisis.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-24/fourth-round-of-usmca-talks-between-us-and-mexico-postponed-due-to-xi-jinpings-dc-visit.html Thu, 24 Sep 2026 10:56:14 GMT https://english.elpais.com/economy-and-business/2026-09-24/fourth-round-of-usmca-talks-between-us-and-mexico-postponed-due-to-xi-jinpings-dc-visit.html Karina Suárez Rodríguez The crucial meeting between the neighboring countries, scheduled for early next week, has been postponed with no new date on the horizon The crucial meeting between the neighboring countries, scheduled for early next week, has been postponed with no new date on the horizon México Donald Trump Claudia Sheinbaum Xi Jinping STR (EFE) USMCA talks between US and Mexico postponed A shipping port in the state of Veracruz. A shipping port in the state of Veracruz. <p>The fourth round of negotiations between the United States and Mexico on the USMCA trade agreement will have to wait. <a href="https://english.elpais.com/economy-and-business/2026-09-05/mariana-mazzucato-the-most-important-thing-for-mexico-is-to-stop-being-just-a-low-cost-manufacturer-for-us-companies.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-09-05/mariana-mazzucato-the-most-important-thing-for-mexico-is-to-stop-being-just-a-low-cost-manufacturer-for-us-companies.html">The crucial meeting</a> between the neighboring countries, scheduled for early next week, has been postponed with no new date on the horizon. Luis Rosendo Gutiérrez, Undersecretary for Foreign Trade at the Secretariat of Economy, acknowledged on Wednesday that U.S. President Donald Trump has prioritized the <a href="https://english.elpais.com/international/2026-09-22/you-fear-it-i-love-it-the-trumpxi-summit-will-address-ai-with-opposite-mindsets.html" target="_self" rel="" title="https://english.elpais.com/international/2026-09-22/you-fear-it-i-love-it-the-trumpxi-summit-will-address-ai-with-opposite-mindsets.html">visit by Chinese President Xi Jinping</a>, which begins Thursday in Washington, as well as to the G20 trade ministers’ meeting, an event organized by U.S. Trade Representative Jamieson Greer. “We agreed with the United States that in the coming weeks we will announce when the fourth round will take place,” the Mexican official said.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-24/fourth-round-of-usmca-talks-between-us-and-mexico-postponed-due-to-xi-jinpings-dc-visit.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-23/david-ellisons-final-stunt-to-become-the-new-king-of-hollywood.html Wed, 23 Sep 2026 14:45:54 GMT https://english.elpais.com/economy-and-business/2026-09-23/david-ellisons-final-stunt-to-become-the-new-king-of-hollywood.html Jesús-Sérvulo González Moreno The film producer, son of one of the wealthiest men on the planet and a fan of aerobatics, wins the battle for the merger of Paramount and Warner to create an entertainment giant The film producer, son of one of the wealthiest men on the planet and a fan of aerobatics, wins the battle for the merger of Paramount and Warner to create an entertainment giant Paramount Warner Bros Hollywood Skydance Interactive Donald Trump Oracle Larry Ellison Tom Cruise Jeenah Moon (REUTERS) FILE PHOTO: 2025 Kennedy Center Honors in Washington David Ellison, founder of Skydance. David Ellison, founder of Skydance. <p>David Ellison is the product of two passions: his mother’s love of cinema and his father’s taste for risk. He is also the founder of Skydance, the small film production company that in less than two years <a href="https://english.elpais.com/economy-and-business/2026-03-02/the-new-kings-of-hollywood-how-the-ellison-family-created-a-media-empire.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-03-02/the-new-kings-of-hollywood-how-the-ellison-family-created-a-media-empire.html">has swallowed up two industry giants</a>—Paramount and Warner Bros. Discovery—to create one of the world’s largest entertainment and communications empires, one with a vast film catalogue, news networks such as CBS and CNN; a constellation of TV channels including MTV, Nickelodeon, TCM, Discovery and TNT; and streaming platforms like HBO and Paramount+.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-23/david-ellisons-final-stunt-to-become-the-new-king-of-hollywood.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-23/mexico-on-alert-after-trump-backs-a-proposal-to-ban-us-diesel-exports.html Wed, 23 Sep 2026 11:59:47 GMT https://english.elpais.com/economy-and-business/2026-09-23/mexico-on-alert-after-trump-backs-a-proposal-to-ban-us-diesel-exports.html Karina Suárez Rodríguez If adopted, the initiative would be a blow for its southern neighbor, whose market depends on US imports for more than 40% of its diesel demand If adopted, the initiative would be a blow for its southern neighbor, whose market depends on US imports for more than 40% of its diesel demand México Donald Trump Claudia Sheinbaum Irán Felix Marquez (AP) Diesel Mexico Trump A Pemex fuel tanker in Veracruz. A Pemex fuel tanker in Veracruz. <p>The United States is threatening to shut off its diesel exports to curb a <a href="https://english.elpais.com/economy-and-business/2026-09-22/the-unexpected-gift-from-donald-trump-that-is-benefiting-the-big-oil-companies.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-09-22/the-unexpected-gift-from-donald-trump-that-is-benefiting-the-big-oil-companies.html">surge in energy prices</a> driven by conflicts in the Middle East and Ukraine. The proposal, pushed by some U.S. lawmakers and endorsed Tuesday by Donald Trump, threatens to shake fuel markets in Latin America and Europe. </p><p><a href="https://english.elpais.com/economy-and-business/2026-09-23/mexico-on-alert-after-trump-backs-a-proposal-to-ban-us-diesel-exports.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-23/why-six-nobel-prize-economists-back-californias-proposition-40-its-the-first-opportunity-for-the-people-to-start-reining-in-the-power-of-billionaires.html Wed, 23 Sep 2026 11:43:54 GMT https://english.elpais.com/economy-and-business/2026-09-23/why-six-nobel-prize-economists-back-californias-proposition-40-its-the-first-opportunity-for-the-people-to-start-reining-in-the-power-of-billionaires.html Isaías Alvarado Daron Acemoglu, Paul Krugman and Joseph Stiglitz, among others, signed a letter defending a one-time 5% tax on individuals whose wealth is above $1 billion. The initiative will be submitted to a vote on November 3 Daron Acemoglu, Paul Krugman and Joseph Stiglitz, among others, signed a letter defending a one-time 5% tax on individuals whose wealth is above $1 billion. The initiative will be submitted to a vote on November 3 California Joseph E. Stiglitz Paul Krugman Mark Zuckerberg Larry Page Sergey Brin Jensen Huang adamkaz (Getty Images) California’s Proposition 40 The southern part of Orange County, California. The southern part of Orange County, California. <p>California is home to some of <a href="https://english.elpais.com/economy-and-business/2026-05-09/the-immense-power-of-the-new-plutocracy-how-billionaires-like-musk-bezos-and-zuckerberg-shape-our-lives-and-our-democracies.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-05-09/the-immense-power-of-the-new-plutocracy-how-billionaires-like-musk-bezos-and-zuckerberg-shape-our-lives-and-our-democracies.html">the world’s largest fortunes</a>: Mark Zuckerberg, founder of Meta; Jensen Huang, chairman and co-founder of NVIDIA; and Larry Page and Sergey Brin, co-founders of Google. Together the four hold nearly $1 trillion. They top a list of about 200 billionaires who, if California’s Proposition 40 is approved at the ballot box on November 3, would be subject to a one-time 5% tax on their wealth (not their income).</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-23/why-six-nobel-prize-economists-back-californias-proposition-40-its-the-first-opportunity-for-the-people-to-start-reining-in-the-power-of-billionaires.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-22/the-unexpected-gift-from-donald-trump-that-is-benefiting-the-big-oil-companies.html Tue, 22 Sep 2026 16:21:28 GMT https://english.elpais.com/economy-and-business/2026-09-22/the-unexpected-gift-from-donald-trump-that-is-benefiting-the-big-oil-companies.html Yovanna Blanco Reinosa The conflict unleashed by the United States in the Middle East is causing ExxonMobil, Chevron, Shell, TotalEnergies and BP to post historic profits The conflict unleashed by the United States in the Middle East is causing ExxonMobil, Chevron, Shell, TotalEnergies and BP to post historic profits Donald Trump Irán Chevron Exxon Mobil Shell TotalEnergies British Petroleum Oliver Berg (picture alliance / Getty Images) (EL PAÍS) NEGOCIOS 20/09/2026 PETROLERAS BP’s Gelsenkirchen refinery in Germany. BP’s Gelsenkirchen refinery in Germany. <p>The <a href="https://english.elpais.com/economy-and-business/2026-09-16/150-for-an-oil-barrel-the-new-extreme-scenario-following-closure-of-key-saudi-pipeline.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-09-16/150-for-an-oil-barrel-the-new-extreme-scenario-following-closure-of-key-saudi-pipeline.html">cost of filling up the tank</a> keeps coming up in conversations. With each passing day, consumers feel the impact of rising fuel prices a little more. But on the other side of the ledger, the major international oil companies are posting soaring profits thanks to an unexpected gift from Donald Trump: the surprise attack by the United States and Israel on Iran on February 28, which sparked a Middle East conflict, has been a boon for ExxonMobil, Chevron, Shell, TotalEnergies and BP. </p><p><a href="https://english.elpais.com/economy-and-business/2026-09-22/the-unexpected-gift-from-donald-trump-that-is-benefiting-the-big-oil-companies.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-21/howard-buffett-the-farmer-who-will-guard-his-fathers-business-empire.html Mon, 21 Sep 2026 13:17:44 GMT https://english.elpais.com/economy-and-business/2026-09-21/howard-buffett-the-farmer-who-will-guard-his-fathers-business-empire.html Patricia Vélez Santiago Warren Buffett seals the transition at Berkshire Hathaway, which began a few months ago with the transfer of the chief executive role to Greg Abel Warren Buffett seals the transition at Berkshire Hathaway, which began a few months ago with the transfer of the chief executive role to Greg Abel Warren Buffett Berkshire Hathaway Wall Street Hannah McKay (REUTERS) FILE PHOTO: The Ukraine Recovery Conference in London Howard Buffett at a conference in London on June 22, 2023. Howard Buffett at a conference in London on June 22, 2023. <p>Warren Buffett outlined nearly 15 years ago the reasons why his son Howard would, <a href="https://english.elpais.com/economy-and-business/2026-01-17/a-year-of-movement-among-worlds-20-richest-with-elon-musk-almost-untouchable-at-the-top.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-01-17/a-year-of-movement-among-worlds-20-richest-with-elon-musk-almost-untouchable-at-the-top.html">when the time came</a>, serve as the “guardian” of the Berkshire Hathaway conglomerate. He said then that “having Howie adds an extra layer of protection” to the decisions of the empire, currently valued at $1.1 trillion.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-21/howard-buffett-the-farmer-who-will-guard-his-fathers-business-empire.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-21/trumps-immigration-policy-is-choking-business-theres-nobody-to-work.html Mon, 21 Sep 2026 11:09:39 GMT https://english.elpais.com/economy-and-business/2026-09-21/trumps-immigration-policy-is-choking-business-theres-nobody-to-work.html Patricia Caro Activists and lawmakers say Americans are feeling the effects of the ‘ICE tax’: higher prices for goods and services caused by a labor shortage Activists and lawmakers say Americans are feeling the effects of the ‘ICE tax’: higher prices for goods and services caused by a labor shortage Donald Trump ICE Baltimore California Florida Jim Vondruska (REUTERS) Trump’s immigration policy Federal agents carry out a raid in Chicago. Federal agents carry out a raid in Chicago. <p>In recent months, the Donald Trump administration has been proudly releasing statistics on migrant arrests. Nearly 51,000 detentions were recorded in August, setting a new record that surpassed July’s 50,208, according to Department of Homeland Security (DHS) data. But while the administration celebrates increased operations by Immigration and Customs Enforcement (ICE), business owners lament the effects on the labor market. “I’ve already lost several employees. There’s nobody to work,” says Carlos Raba, a chef of Mexican descent.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-21/trumps-immigration-policy-is-choking-business-theres-nobody-to-work.html" target="_blank">Seguir leyendo</a></p><img src="https://images.english.elpais.com/resizer/v2/CSRBDBEMM5F6HFZPJXR7AEA3KI.JPEG?auth=1d88691a6cbfa8d93383a9b62bd2614fd35b9dc854ea58b539a2069bb2670101" width="800" height="533" alt="The chef Carlos Raba, owner of Clavel restaurant in Baltimore."></img> https://english.elpais.com/economy-and-business/2026-09-21/from-opus-dei-alumni-to-mckinsey-consultants-the-clans-that-run-spains-biggest-companies.html Sun, 20 Sep 2026 04:00:00 GMT https://english.elpais.com/economy-and-business/2026-09-21/from-opus-dei-alumni-to-mckinsey-consultants-the-clans-that-run-spains-biggest-companies.html Miguel Moreno Mendieta Many executives and board members at the largest listed firms in Spain share ties through the same consulting firms, business schools or senior public-sector posts. Experts warn of the risks posed by these tightly knit networks of power Many executives and board members at the largest listed firms in Spain share ties through the same consulting firms, business schools or senior public-sector posts. Experts warn of the risks posed by these tightly knit networks of power Opus Dei Mckinsey IBEX 35 Banco Sabadell BBVA Iberdrola Daniel Diosdado (EL PAÍS) NEGOCIOS 26/07/2026 PORTADA <p>An invisible web of connections links the executives and board members of Spain’s largest companies. Having spent time at certain elite consulting firms, business schools or government institutions opens more doors than any headhunter ever could. Former state attorneys sitting on the boards of major Spanish companies, ex-McKinsey executives running some of the financial sector’s most powerful firms, and alumni of leading business schools such as IESE and ICADE holding top positions in multinational companies all illustrate a network of influence, as subtle as it is enduring, that has been woven through Spain’s corporate elite.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-21/from-opus-dei-alumni-to-mckinsey-consultants-the-clans-that-run-spains-biggest-companies.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/usa/2026-09-21/the-mormon-church-is-expanding-its-real-estate-empire-across-the-united-states-theyre-opportunists-in-a-very-calculated-way.html Sun, 20 Sep 2026 04:00:00 GMT https://english.elpais.com/usa/2026-09-21/the-mormon-church-is-expanding-its-real-estate-empire-across-the-united-states-theyre-opportunists-in-a-very-calculated-way.html Natalie Wong ,Ann Choi (Bloomberg) In the United States, the Latter-day Saints have built a vast portfolio of long-term property investments, operating in many ways like a sovereign wealth fund In the United States, the Latter-day Saints have built a vast portfolio of long-term property investments, operating in many ways like a sovereign wealth fund Deutsche Bank Denver Colorado Bill Gates Florida Jessie Wardarski (AP / LAPRESSE) (AP) NEGOCIOS 13/09/2026 BLOOMBERG MORMONES Temple of The Church of Jesus Christ of Latter-day Saints, in Salt Lake City, Utah. Temple of The Church of Jesus Christ of Latter-day Saints, in Salt Lake City, Utah. <p>Just 20 minutes from Denver International Airport, plans are under way for an ambitious project on a stretch of empty land larger than Manhattan’s Central Park.</p><p><a href="https://english.elpais.com/usa/2026-09-21/the-mormon-church-is-expanding-its-real-estate-empire-across-the-united-states-theyre-opportunists-in-a-very-calculated-way.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/technology/2026-09-19/europe-does-not-want-to-depend-on-foreign-technology-in-the-new-digital-order.html Sat, 19 Sep 2026 04:00:00 GMT https://english.elpais.com/technology/2026-09-19/europe-does-not-want-to-depend-on-foreign-technology-in-the-new-digital-order.html Ramón Muñoz Moya Brussels wants to build its own capabilities in semiconductors, cloud computing and artificial intelligence as it seeks greater technological sovereignty from the US and China Brussels wants to build its own capabilities in semiconductors, cloud computing and artificial intelligence as it seeks greater technological sovereignty from the US and China China Washington D.C. Ursula von der Leyen Amazon Marc Murtra Mario Draghi CN-STR / AFP / Getty Images (EL PAÍS) NEGOCIOS 30/08/2026 COVER A technician works at a semiconductor manufacturing plant in Suqian, Jiangsu province in eastern China. A technician works at a semiconductor manufacturing plant in Suqian, Jiangsu province in eastern China. <p>For years, Europe grew used to a contradiction that it is only now beginning to see as a risk: being one of the world’s foremost regulatory powers in the digital sphere while remaining dependent on others for much of the technology those rules were designed to govern. Over the past decade, Brussels has assembled an extensive legislative arsenal aimed at curbing the power of big tech, from the General Data Protection Regulation (GDPR) to the Digital Markets Act, the Digital Services Act and the AI Act. Yet while Europe was writing rules, the United States and China were building companies, data centers, chips, cloud platforms and artificial-intelligence models on a scale that no European firm has managed to match.</p><p><a href="https://english.elpais.com/technology/2026-09-19/europe-does-not-want-to-depend-on-foreign-technology-in-the-new-digital-order.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-18/i-have-spoken-22-times-with-president-trump-sheinbaum-confident-a-trade-deal-is-near.html Fri, 18 Sep 2026 19:38:54 GMT https://english.elpais.com/economy-and-business/2026-09-18/i-have-spoken-22-times-with-president-trump-sheinbaum-confident-a-trade-deal-is-near.html Ernesto Núñez Albarrán The Mexican president says there has been progress, one week before a planned bilateral negotiation over the USMCA trade agreement The Mexican president says there has been progress, one week before a planned bilateral negotiation over the USMCA trade agreement Donald Trump Claudia Sheinbaum México Marcelo Ebrard Presidencia de México (EFE) Sheinbaum revela “algunos acuerdos" con EEUU tras sostener nueva llamada con Trump Claudia Sheinbaum in Guanajuato, this Friday. Claudia Sheinbaum in Guanajuato, this Friday. <p>President Claudia Sheinbaum said on Friday that Mexico is close to finalizing a trade agreement with the United States. That was the reason for the phone call she held on Wednesday with President Donald Trump, during which she was joined by Foreign Secretary Roberto Velasco and <a href="https://english.elpais.com/economy-and-business/2026-03-18/mexicos-economy-secretary-our-vision-in-the-usmca-is-to-reduce-dependence-on-other-regions.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-03-18/mexicos-economy-secretary-our-vision-in-the-usmca-is-to-reduce-dependence-on-other-regions.html">Economy Secretary Marcelo Ebrard</a>. “The call was very good. We are making good progress, but there is not yet a closed agreement,” she said.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-18/i-have-spoken-22-times-with-president-trump-sheinbaum-confident-a-trade-deal-is-near.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/international/2026-09-17/trump-threatens-to-cut-off-trade-with-the-eu-if-it-partners-with-canada.html Thu, 17 Sep 2026 08:47:00 GMT https://english.elpais.com/international/2026-09-17/trump-threatens-to-cut-off-trade-with-the-eu-if-it-partners-with-canada.html Iker Seisdedos García The president also said he could impose ‘very serious tariffs’ if he feels like the plans for a close association are ‘a hostile act’ against the US The president also said he could impose ‘very serious tariffs’ if he feels like the plans for a close association are ‘a hostile act’ against the US Canadá Mark Carney Donald Trump Ursula von der Leyen Kevin Lamarque (REUTERS) U.S. President Trump travels to attend a campaign rally supporting Republican U.S. Senate candidate Michael Whatley Trump at Charlotte (North Carolina) airport on Wednesday. Trump at Charlotte (North Carolina) airport on Wednesday. <p>The president of the United States threatened Wednesday to impose “very serious tariffs” on Europe if the <a href="https://english.elpais.com/opinion/2026-09-15/european-canada.html" target="_self" rel="" title="https://english.elpais.com/opinion/2026-09-15/european-canada.html">European Union’s plan to deepen ties with Canada</a> comes to fruition. Donald Trump also did not rule out going as far as cutting off trade entirely, he said.</p><p><a href="https://english.elpais.com/international/2026-09-17/trump-threatens-to-cut-off-trade-with-the-eu-if-it-partners-with-canada.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-16/the-federal-reserve-defies-trump-with-a-25-basis-point-rate-hike.html Wed, 16 Sep 2026 18:23:41 GMT https://english.elpais.com/economy-and-business/2026-09-16/the-federal-reserve-defies-trump-with-a-25-basis-point-rate-hike.html Luis Doncel In his first major decision as Fed chair, Kevin Warsh raises interest rates by a quarter point and signals another increase before year-end In his first major decision as Fed chair, Kevin Warsh raises interest rates by a quarter point and signals another increase before year-end Donald Trump Kevin Warsh Washington D.C. Jerome Powell Evelyn Hockstein (REUTERS) FILE PHOTO: U.S. Federal Reserve Chairman Kevin Warsh holds a press conference, in Washington Kevin Warsh, chair of the Federal Reserve of the United States, in Washington on July 29. Kevin Warsh, chair of the Federal Reserve of the United States, in Washington on July 29. <p>Kevin Warsh has been chair of the Federal Reserve for <a href="https://english.elpais.com/economy-and-business/2026-05-13/kevin-warsh-officially-confirmed-as-federal-reserve-chair-with-senate-backing.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-05-13/kevin-warsh-officially-confirmed-as-federal-reserve-chair-with-senate-backing.html">just four months</a>, but this Wednesday will be remembered as the day he showed that he and his fellow governors, not outside forces, are the ones truly steering U.S. monetary policy. The Fed has done exactly what U.S. President Donald Trump did not want it to do under any circumstances: raise interest rates just six weeks before the midterm elections, in which Republicans risk losing control of Congress.</p><p><a href="https://english.elpais.com/economy-and-business/2026-09-16/the-federal-reserve-defies-trump-with-a-25-basis-point-rate-hike.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/culture/2026-09-16/shakira-set-to-break-records-with-madrid-residency-hotel-rates-of-350-and-thousands-of-extra-seats-on-planes-and-trains.html Wed, 16 Sep 2026 14:34:36 GMT https://english.elpais.com/culture/2026-09-16/shakira-set-to-break-records-with-madrid-residency-hotel-rates-of-350-and-thousands-of-extra-seats-on-planes-and-trains.html Carlos Molina Infante The Colombian singer is expected to attract 600,000 people to the 12 concerts planned in the Spanish capital, matching the scale of Bad Bunny’s recent performances The Colombian singer is expected to attract 600,000 people to the 12 concerts planned in the Spanish capital, matching the scale of Bad Bunny’s recent performances Shakira Madrid Colombia Barranquilla Ricardo Rubio (Europa Press) Shakira aterriza en Madrid para iniciar su estancia de 12 conciertos Shakira in Madrid on September 14. Shakira in Madrid on September 14. <p>Spain’s capital had not yet recovered from the four days in which the Formula 1 Grand Prix gridlocked the city’s streets, with an economic impact close to €470 million ($542 million), and it is already bracing for the side effects of <a href="https://english.elpais.com/culture/2026-03-28/shakira-i-appreciate-life-and-the-good-things-that-happen-because-ive-gone-through-some-really-bad-things.html" target="_self" rel="" title="https://english.elpais.com/culture/2026-03-28/shakira-i-appreciate-life-and-the-good-things-that-happen-because-ive-gone-through-some-really-bad-things.html">the Colombian singer Shakira</a>’s Madrid residency, part of her ‘Las Mujeres Ya No Lloran World Tour.’ </p><p><a href="https://english.elpais.com/culture/2026-09-16/shakira-set-to-break-records-with-madrid-residency-hotel-rates-of-350-and-thousands-of-extra-seats-on-planes-and-trains.html" target="_blank">Seguir leyendo</a></p> https://english.elpais.com/economy-and-business/2026-09-16/150-for-an-oil-barrel-the-new-extreme-scenario-following-closure-of-key-saudi-pipeline.html Wed, 16 Sep 2026 10:39:14 GMT https://english.elpais.com/economy-and-business/2026-09-16/150-for-an-oil-barrel-the-new-extreme-scenario-following-closure-of-key-saudi-pipeline.html Nuria Salobral After Houthi rebels damaged the route serving as an alternative to the Strait of Hormuz, experts expect prices to keep rising After Houthi rebels damaged the route serving as an alternative to the Strait of Hormuz, experts expect prices to keep rising Irán Riad Yemen Arabia Saudí Tom Hanley (Alamy Stock Photo) Oil barrel price Ras Tanura oil Refinery, the headquarters of Saudi Aramco. Ras Tanura oil Refinery, the headquarters of Saudi Aramco. <p>Saudi Arabia, the world’s largest oil exporter, is running out of alternatives to export its production, a fact that will raise oil prices even more after months of intense price escalation. The <a href="https://english.elpais.com/international/2026-05-18/irans-oil-sector-weathers-us-pressure-from-hormuz-blockade.html" target="_self" rel="" title="https://english.elpais.com/international/2026-05-18/irans-oil-sector-weathers-us-pressure-from-hormuz-blockade.html">blockade of the Strait of Hormuz</a> due to the war in Iran delivered the first blow, and now, more than six months after the war began, the East-West Pipeline connecting Saudi oil fields with its Red Sea ports — the best alternative route — is under threat following attacks by Yemen’s Houthis, who are allies of Iran. </p><p><a href="https://english.elpais.com/economy-and-business/2026-09-16/150-for-an-oil-barrel-the-new-extreme-scenario-following-closure-of-key-saudi-pipeline.html" target="_blank">Seguir leyendo</a></p>