© Reuters. FILE PHOTO: Microsoft CEO Satya Nadella addresses a news conference in Berlin MEXICO CITY (Reuters) – Microsoft (O:) Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government onRead More →
Associated Press House Speaker Nancy Pelosi said Monday night that great progress has been made on a new North American trade pact. House Speaker Nancy Pelosi said great progress has been made on reaching a deal over the U.S.-Mexico-Canada Agreement, but final details for the trade pact were still beingRead More →
(Reuters) – Mexico’s deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators were dealing with the “last issues” that remain in the United States-Mexico-Canada Agreement (USMCA) trade deal negotiation. When asked about a possible delay in the talks due to disagreements around steel, Seade, who isRead More →
A previous version of this article incorrectly identified Redondo Beach, Calif., as a section of Los Angeles. It is an independent municipality in Los Angeles County. The story has been corrected. Fred Uriarte Fred Uriarte and his girlfriend. Fred Uriarte found love twice in Mexico. First with the country itself,Read More →
By Alexander Cornwell and Daina Beth Solomon DUBAI/MEXICO CITY (Reuters) – Emirates still has the right to offer flights to Mexico City, the Dubai state-owned carrier said on Sunday, after Mexican airline Aeromexico disputed an agreement between the United Arab Emirates and Mexico. Emirates said earlier this year it wouldRead More →
Dear MarketWatch, I live in Loveland, Colo., just turned 60 and would love to be retired within the next year. I’m looking for a more affordable place to retire and am thinking about Mexico — somewhere I can live for between $800 and $1,200 a month. Ideally, I would likeRead More →
© Reuters. The GM logo is seen at the General Motors plant in Sao Jose dos Campos By David Shepardson and Joseph White (Reuters) – The United Auto Workers union said on Tuesday it rejected a new comprehensive offer made by General Motors Co (N:) to end a two-week-old strike,Read More →
Janet Blaser knows a thing or two about reinvention. Once a food and restaurant writer in Santa Cruz, Calif., the now-63-year-old struggled to find work roughly a decade ago as journalism increasingly moved online. She lost one beloved job, got her hours cut at another, and ended up working oddRead More →
By Marco Aquino LIMA (Reuters) – Mexico, Colombia, Chile and Peru plan to work with the World Bank to launch a new bond to cover losses in the event of extreme weather, Peru’s finance minister said on Friday. The bond would be similar to a $1.36 billion earthquake bond thatRead More →
© Reuters. Mexico’s Finance, Foreign ministers speak at Council of the Americas event MEXICO CITY (Reuters) – Canada expressed its concern about a gas pipeline dispute with Mexico during the Group of 20 nations summit in Japan, but the matter could be resolved soon, Mexican Finance Minister Carlos Urzua saidRead More →
Don’t expect an end to the tariff standoff between the U.S. and Mexico to undo the plunge in U.S. Treasury yields this year. Monday’s bond selloff is only traders taking a breather from the Treasury market’s relentless rally in the past few weeks, and was unlikely to dent the widely-sharedRead More →
Why are stocks busting out all of a sudden? Last week, tariffs on Mexico increased the chances that the Federal Reserve would cut rates. Investors obviously like that. So, stocks rallied. This week, Trump backs off those same tariffs. Investors apparently like that, too. Stocks again are rallying. Josh BrownRead More →
Gold was headed for its first losing session in nine on Monday, tumbling as encouraging global trade headlines drove investors away from the metal and into perceived riskier assets such as stocks, while the dollar gained. August gold GCQ19, -1.10% fell $14, or 1%, to $1,332.10 an ounce, after closingRead More →
© Reuters. FILE PHOTO: Traders work on the floor at the NYSE in New York By Hideyuki Sano TOKYO (Reuters) – U.S. stock futures jumped on Monday after a migration deal between the United States and Mexico late last week to avert a tariff war added to a weak U.S.Read More →
© Reuters. A cargo train is seen near the border between the U.S. and Mexico, in Laredo By Anthony Esposito MEXICO CITY (Reuters) – A flood of companies eyeing Mexico as a safe haven from the U.S. trade war with China risks evaporating after President Donald Trump last week threatenedRead More →
Getty Images President Donald Trump speaks at an event Thursday near Colleville-Sur-Mer, France, marking the 75th anniversary of the Allied invasion of Normandy. President Donald Trump on Thursday kept up pressure on Mexico over immigration and tariffs as talks continued in Washington, and said he was looking at deciding onRead More →
U.S. stocks finished mostly lower Monday, with Nasdaq closing in correction territory, as the government stepped up scrutiny of technology giants for possible violations of antitrust law. The selloff in tech names comes as the yield on a key bond benchmark fell to a 20-month low, deepening a yield-curve inversionRead More →
Investors are diving for cover as a new month kicks off, and trade tensions pop up like moles. “The bigger issue for markets is that firstly Trump is sending a message that perhaps he is prepared to tolerate a lower stock market,” Chris Weston, head of research at Pepperstone, toldRead More →
Investors, economists and policy makers have been far too optimistic that Donald Trump’s trade wars would be resolved without disrupting the global economy, says Christophe Barraud, chief economist and strategist at Market Securities, and the winner of MarketWatch’s Forecaster of the Month contest for May. “A lot of people betRead More →
The U.S. stock market has left $5 trillion on the table as trade tensions over the past 17 months contributed to an effectively sideways trade, Deutsche Bank estimated on Friday. “While other factors also arguably played a role, the trade war has been key in preventing a recovery in globalRead More →
© Reuters. Trucks are seen before arriving at a border customs control to cross into U.S. at the World Trade Bridge in Nuevo Laredo (Reuters) – The U.S. Chamber of Commerce is looking at ways to challenge U.S. tariffs on Mexican goods, including legal options, an official with the organizationRead More →
U.S. stock futures tumbled Friday after President Donald Trump made a surprise announcement to impose tariffs on imports from Mexico, and amid reports China may be readying fresh retaliatory moves against the U.S. How are major benchmarks faring? Dow Jones Industrial Average futures YMM19, -0.88% fell 271 points, or 1%,Read More →
Robert Basler and his wife Barbara decided to relocate to their dream city after retirement. Here, Robert shares the story of how they made a nearly spontaneous cross-country move, tips for starting over in a new place, and why Santa Fe dinner parties are the best dinner parties. Name: Robert Basler Age: 70Read More →
© Reuters. Latest Mexico decisions on Pemex neutral for credit rating: S&P By Stefanie Eschenbacher MEXICO CITY (Reuters) – The financial package announced by the Mexican government on Monday and an earlier decision to have state oil company Pemex build a new refinery are neutral to Standard & Poor’s assessmentRead More →
© Reuters. No survivors found in Mexico crash of jet carrying 13 people MEXICO CITY (Reuters) – A plane crash in a remote mountain region in northern Mexico claimed the lives of all 13 people on board, including a family of five that were flying back from watching a boxingRead More →
