Mexico’s Economy Minister Marcelo Ebrard said on Wednesday his government is looking to address U.S. concerns on dependence on foreign trade after Washington opted not to extend the USMCA trade pact between the two countries and Canada.
Tag: Business
Anthropic said on Tuesday that the U.S. Commerce Department lifted export controls on its Fable and Mythos AI models, less than three weeks after the company was ordered to suspend access to its most advanced AI models over national security risks.
Foreign investors including pension funds, insurance companies and hedge funds are buying Canada’s federal bonds in record amounts, easing the cost of funding Prime Minister Mark Carney’s expensive nation-building projects but potentially introducing more volatility to Canada’s debt market.
U.S. President Donald Trump’s administration is expected to formally declare on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free trade zone as the three countries haggle over proposed changes.
The Supreme Court may have reaffirmed the U.S. Federal Reserve’s independence, but in a pair of rulings also left the central bank isolated as possibly the last agency able to wield executive power based on expertise free of the threat of its officials being fired by the president.
Shuttling across the French and Italian Riviera, Orient Express’s first giant yacht aims to attract a new class of billionaire.
The U.S. trade deficit in goods swelled to a 14-month high in May as businesses boosted imports, likely to avoid shortages and higher prices related to the war in the Middle East, prompting economists to cut their growth estimates for the second quarter.
The U.S. economy grew faster than previously estimated in the first quarter, but consumer spending almost stalled.
Dating app Bumble is exploring a sale amid slowing growth in the online dating sector, according to three people familiar with the matter.
Investors expect heavy trading volume on Friday to reflect changes to the Russell indexes, including reclassifications for megacaps like Microsoft and the Russell 1000’s “fast-track” addition of SpaceX following the recent IPO.