(Bloomberg) — Mexico’s peso tumbled as preliminary election results showed the ruling party winning in a landslide that may empower it to increase state control of the economy and undermine checks on its power. Most Read from Bloomberg The peso weakened 3.1% to 17.55 per dollar in morning trading in New York — its worst […]
A look at the day ahead in European and global markets from Tom Westbrook: Escalation in the Middle East has rounded out a rough week for financial markets. Barring a reversal, world stocks are set to log their sharpest weekly drop since September and the dollar is at year-to-date highs. Even before Asian markets turned […]
Here’s a roundup of our top stories from the past week that are available only to our subscribers. With a subscription to the Pensacola News Journal, you will receive full access to the work done by our journalists and photographers as they head out every day to help inform and explain the important issues affecting your community. Pensacola woman […]
US consumer prices rose more than expected in January, according to the latest data from the Bureau of Labor Statistics released Tuesday morning. Investors had been closely watching the print for clues on when the Federal Reserve will begin cutting interest rates. Markets are now pricing in a nearly 80% chance the Fed cuts rates […]