White House adviser says tariffs on Mexican goods may not be needed
White House trade adviser Peter Navarro said on Wednesday a U.S. plan to impose tariffs on Mexican goods may not have to take effect, offering a glimmer of hope for Mexico and American businesses concerned that the levies could badly hit both consumer…
Mexican president hopeful a deal with U.S. on tariffs can be reached
Mexican President Andres Manuel Lopez Obrador said he is “optimistic” that talks in Washington aimed at averting across-the-board tariffs on Mexican exports to the United States can reach an agreement.
Wall Street rises as weak ADP jobs data bolsters rate-cut bets
U.S. stocks gained on Wednesday after data showed that the private sector added fewest jobs in May since 2010, raising the odds that the Federal Reserve would cut interest rates to counter a potential slowdown.
U.S. trade adviser Navarro: Mexico tariffs may not have to take effect
White House trade adviser Peter Navarro said on Wednesday that U.S. tariffs on Mexican goods may not have to take effect because Washington now has Mexico’s attention on the issue.
Wall Street opens higher for second day on rate cut hopes
U.S. stocks rose at the open on Wednesday after a report showed smallest monthly private jobs growth in May since 2010, raising bets that the central bank would lower interest rates to counter any economic slowdown.
Carnival to stop sailing to Cuba after new travel restrictions
Carnival Corp said on Wednesday its cruises will no longer sail to Cuba following the Trump administration’s ban on U.S. travel to the Caribbean island.
Google, Facebook have tight grip on growing U.S. online ad market: report
The U.S. internet advertising industry is projected to hit $160 billion by 2023 from $107 billion last year, led by fast-growing categories like mobile video with Alphabet Inc’s Google and Facebook Inc firmly controlling the market, consultancy PwC sai…
BT to close most of UK office locations under new CEO
Britain’s former telecoms monopoly BT will consolidate its UK offices from 300 locations to roughly 30 sites while pressing ahead with plans to leave its St Paul’s headquarters in London, the company said on Wednesday.
U.S. private sector adds fewest jobs in May since 2010: ADP
U.S. private employers added 27,000 jobs in May, well below economists’ expectations and the smallest monthly gain in more than nine years, a report by a payrolls processor showed on Wednesday.
Mexican officials hope to avert U.S. tariffs in last-ditch talks
Mexican officials will seek to persuade the White House in talks hosted by U.S. Vice President Mike Pence on Wednesday that their government has done enough to stem immigration and avoid looming tariffs.
