President-elect Donald Trump has repeatedly suggested the United States take over the Panama Canal, a shipping waterway that cuts across Central America, unless fees for using the canal are lowered.

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Who pays to use the Panama Canal and how much? These questions are part of the tensions between the U.S. and Panama after President Trump threatened to take over the canal. We look at the global ...

Panamanian President José Raúl Mulino on Thursday rejected U.S. claims that American warships and boats can transit the Panama Canal without paying a standard fee. In a weekly news conference, Mulino ...

Teddy Roosevelt once declared the Panama Canal “one of the feats to which the people of this republic will look back with the highest pride.” More than a century later, Donald Trump is threatening to ...

Panama has owned and administered the Panama Canal for nearly three decades. President Trump wants to change that to counter growing Chinese influence in Latin America. The cargo ship Cosco Houston ...

A consortium of firms led by BlackRock is buying two key ports in the Panama Canal from a Hong Kong-based firm as part of a $23 billion deal after President Donald Trump expressed concern that the ...

I grew up in Windsor Locks, Connecticut. Our town’s name described what made us unique — we had locks on the Connecticut River. Ever since I was a kid, I have understood how locks worked, and I always ...

An extreme drought in Panama is forcing authorities to substantially scale back shipping through the Panama Canal, one of the world’s key shipping channels. This comes at a time when traffic through ...

The Panama Canal Authority reported a 29% drop in vessel transits during fiscal year 2024, with LNG and dry bulk shipments taking the biggest hit. But Ricaurte Vásquez, Administrator of the Panama ...