Mexico's Femsa 4Q Profit Jumps on Higher Sales, Exchange Gains
Sales at the Oxxo convenience store chain rose 13%, including gains from Femsa's recently added U.S. operation. Same-store sales for the unit rose 3.8%. The unit added 1,596 stores last year to end ...
Dollar Soars as Trump Affirms March Tariffs for Canada, Mexico
The US dollar rallied after President Donald Trump said 25% tariffs on neighboring US nations are on track to go into effect ...
Trump's Tariff Comments Hit Canadian, Mexican Currencies
Investors aren’t sure how seriously to take President Trump on tariffs, but they aren't completely dismissing his threats.
Trump Confirms Tariffs Next Week, Boosting Dollar, Treasury Yields
President Trump used Truth Social to clarify that 25% tariffs on Mexico and Canada, plus 10% additional levy on China, are on track to go into effect next week, boosting the dollar.