Mexico’s Elektra shares deepen losses, Moody’s flags ‘reputational risks’
MEXICO CITY (Reuters) -Shares in Mexican retailer Grupo Elektra (BMV:ELEKTRA) deepened their losses on Wednesday, in a third day of...
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Economy
American Eagle Outfitters lowers sales target on muted holiday expectations
(Reuters) -American Eagle Outfitters cut its target for annual comparable sales growth on Wednesday, in signs that apparel demand could...
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Trump taps former aide to work on Musk-led government efficiency plan
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump on Wednesday named a former White House aide to serve as...
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Economic outlook rises, but concerns tariffs could reignite inflation emerge: Fed
Investing.com – The outlook for economic growth picked up in recent weeks amid expectations for the labor market to remain...
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US Fed’s Powell does not see Trump installing ‘shadow’ chair
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he is not worried...
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Fed can take cautious approach to rate cuts amid economic strength: Powell
Investing.com — Federal Reserve Chair Jerome Powell said the Fed can take a “little more cautious” approach in cutting rates...
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US economy grew slightly in recent weeks, Fed survey says
(Reuters) – U.S. economic activity has expanded slightly in most regions since early October, with employment growth “subdued” and inflation...
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Colombia’s Petro says he expects finance minister to resign amid corruption scandal
BOGOTA (Reuters) – Colombia’s President Gustavo Petro on Wednesday said he expects his Finance Minister Ricardo Bonilla to resign amid...
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