Mexico’s mighty peso hits 7-year record high against U.S. dollar
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso currency flexed its muscle on Monday to reach its highest value…
Economy
New Jersey senators seek to delay New York City congestion pricing plan
By David Shepardson WASHINGTON (Reuters) – New Jersey’s two Democratic senators and the state’s governor said on Monday they are…
Marketmind: Slump or recovery in China?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A barrage of…
Arrowstreet, Coatue Management among big hedge funds buying Meta in first quarter
By David Randall NEW YORK (Reuters) – Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management…
Fed’s Barkin not yet convinced inflation heading steadily lower
By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Richmond Federal Reserve President Thomas Barkin on Monday said he is not convinced…
G7 to show unity on China approach while recognizing individual ties -US officials
By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – The G7 summit U.S. President Joe Biden attends in Japan this…
Fed officials expect interest rates to remain high, possibly rise
By Ann Saphir and Howard Schneider -U.S. central bankers on Monday signaled they see interest rates staying high and, if…
Anti-inflation fight may spur recession, investment opportunities -BlackRock
NEW YORK (Reuters) – Central bank efforts to tame inflation could spark a recession and market selloff that later this…
Food aid cuts still ‘red line’ in debt ceiling talks, says Senate farm committee chair
By Leah Douglas WASHINGTON (Reuters) – Expanding work requirements for the largest U.S. food assistance program is still a “red…
Macron courts Tesla’s Musk and others to ‘Choose France’
By Michel Rose and Tassilo Hummel PARIS (Reuters) -President Emmanuel Macron met Tesla’s CEO Elon Musk, the boss of Pfizer…