Okonjo-Iweala given 2nd term as WTO chief as Trump’s return looms over trade body’s future

GENEVA — The World Trade Organization chief said Friday she’s “eager” to work with U.S. President-elect…

Trump’s tariffs in his first term did little to alter the economy, but this time could be different

WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. But…

Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

MEXICO CITY — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its…

How major US stock indexes fared Tuesday, 11/26/2024

U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some…

Commerce Department to reduce Intel’s funding on semiconductors

LOS ANGELES — The Biden administration plans on reducing part of Intel’s $8.5 billion in federal…

Moody’s credit rating upgrade for Cyprus opens the door to investment, president says

NICOSIA, Cyprus — Moody’s two-notch upgrade of Cyprus’ credit rating to A3 from Baa2 opens the…

What to know about Scott Bessent, Trump’s pick for treasury secretary

WASHINGTON — WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate…

Trump’s treasury pick could give an indication of what he plans to do about tariffs

WASHINGTON — President-elect Donald Trump’s decision on a treasury secretary is about far more than whose…

Moody’s downgrades Mexican government’s outlook to ‘negative’ over weakening of judiciary and debt

MEXICO CITY — Mexico’s president lashed out Friday at Moody’s ratings service, after it downgraded the…

Stock market today: World shares are mostly lower after US Fed cuts interest rates

HONG KONG — European markets opened higher on Friday while Asian shares ended mixed after the…