Raul Castro

President Donald Trump plans to ban U.S. businesses from dealing with Cuba’s military establishment, a sprawling enterprise with links to virtually every aspect of the country’s economy. The move immediately raised questions about whether the policy shift would benefit Trump’s own...

Fidel Castro's death could renew investor attention to the Herzfeld Caribbean Basin Fund, Inc (NASDAQ: CUBA), a closed-end investment fund with direct exposure to the Caribbean Basin country. In a research report dated Tuesday, Jon Hickman of Ladenburg Thalmann suggested Castro's death could mark...

The Herzfeld Caribbean Basin Fund, Inc (NASDAQ: CUBA) closed lower by $0.74 (8.7 percent) at $7.24 in Monday's session. The optimism for commerce with Cuba that was apparent at the open faded quickly into the closing bell. After a higher open, the ETF immediately peaked at $8.49 and...

On Tuesday, President Barack Obama told Congress that he was planning to take Cuba off the list of state sponsors of terrorism in an effort to restore diplomatic relations between the U.S. and Cuba after decades of tension. Congress will have 45 days to review the decision and decide whether or...