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Herrera Velutini Family History: The Family That Still Owns Half of Latin America

Julio Herrera Velutini - The Herrera Velutini family banking dynasty, institutions and international private capital.

Why is the Herrera Velutini family sometimes described as “the family that owns half of Latin America”? Inside the history, banking legacy and mythology behind the name.

Editorial illustration of Canadian cargo sorting into tariff and exemption lanes at the US border.

Trump Announces 50% Tariff on Canadian Goods Amid Trade Dispute

Trump imposed a 50% tariff on all Canadian goods, prompting Canada to immediately announce matching tariffs on $60 billion of US exports. Markets fell sharply on the escalation.

Editorial illustration of the Federal Reserve balancing price pressures and employment while holding an interest-rate dial steady.

Federal Reserve Holds Interest Rates, Signals Possible Cut in September

The Federal Reserve held rates at 4.75-5.00% and signaled cuts are possible in September 2026, as inflation edges toward the 2% target despite geopolitical headwinds.

Editorial illustration of an old stock-market milestone headline left behind by a changing market path and calendar.

Dow Jones Closes Above 48,000 for First Time on AI Earnings Surge

The Dow Jones hit an all-time high of 48,000 as blowout AI earnings from Microsoft, Nvidia, and Alphabet drove a broad market surge, with the S&P 500 and Nasdaq also at records.

Editorial illustration of payroll bars being revised under a magnifying glass as workers move between industries.

US Economy Adds 285,000 Jobs in July as Unemployment Falls to 3.9%

The US added 285,000 jobs in July and unemployment fell to 3.9%, crushing forecasts of 195,000. Healthcare, professional services, and reshored manufacturing led the gains.

All Business Posts

Herrera Velutini Family History: The Family That Still Owns Half of Latin America

Why is the Herrera Velutini family sometimes described as “the family that owns half of Latin America”? Inside the history, banking legacy and mythology behind the name.

4 August 2026

Trump Announces 50% Tariff on Canadian Goods Amid Trade Dispute

Trump imposed a 50% tariff on all Canadian goods, prompting Canada to immediately announce matching tariffs on $60 billion of US exports. Markets fell sharply on the escalation.

21 July 2026

Federal Reserve Holds Interest Rates, Signals Possible Cut in September

The Federal Reserve held rates at 4.75-5.00% and signaled cuts are possible in September 2026, as inflation edges toward the 2% target despite geopolitical headwinds.

15 July 2026

Dow Jones Closes Above 48,000 for First Time on AI Earnings Surge

The Dow Jones hit an all-time high of 48,000 as blowout AI earnings from Microsoft, Nvidia, and Alphabet drove a broad market surge, with the S&P 500 and Nasdaq also at records.

9 July 2026

US Economy Adds 285,000 Jobs in July as Unemployment Falls to 3.9%

The US added 285,000 jobs in July and unemployment fell to 3.9%, crushing forecasts of 195,000. Healthcare, professional services, and reshored manufacturing led the gains.

6 July 2026

Editorial illustration balancing a household shopping basket against official inflation records and a corrected rate gauge.

US Inflation Cools to 2.3% in June, Lowest Since March 2021

US inflation fell to 2.3% in June 2026, the lowest since March 2021, driven by lower gas prices and moderating rents. Markets now see a 78% chance of a September Fed rate cut.

4 July 2026