US economy

Tariffs Start to Ripple Their Way Through the U.S. Economy

Jun.19 (Dow Jones) -- In recent weeks, several major rounds of tariffs have moved from proposals to realities, and major new tariffs have been threatened—shifting the stakes for President Donald Trump’s trade actions on the U.S. economy.

Global Economy

Mexico Has a Pretty Good Reason to Hold Off on Peso Intervention

Jun.19 (Bloomberg) -- Mexico’s peso has tumbled this month, prompting speculation that the central bank may step in to support the currency amid stalled Nafta negotiations and electoral uncertainty.

Mexico Rebukes U.S. Over Policy Removing Immigrant Children From Parents

Jun.19 (Dow Jones) -- Mexico's government issued a strong rebuke to U.S. immigration policies that it said violate the human rights of children by separating them from their undocumented migrant parents.

Countries Face the Tricky Task of Undoing Negative Interest Rates

Jun.19 (Dow Jones) -- Europe has finally emerged from its debt crisis with healthy economic growth, but it can’t shake one relic of its troubled times: negative interest rates.

Mexico's Gaping Deficit Shows Signs of Election-Year Splurge

Jun.19 (Bloomberg) -- It’s handout day in Atlacomulco, a couple of hours west of Mexico City. One white-haired woman zips past to catch the bus back to her village, bent under the weight of a boxful of free food that’s almost as big as she is.

Trade Fight With U.S. Complicates China’s Campaign to Contain Debt

Jun.19 (Dow Jones) -- A bruising trade fight with the U.S. lands at a difficult time for China as its economy contends with rising headwinds, constraining Chinese President Xi Jinping’s options.

Merkel and Macron Unite on Europe’s Future

Jun.19 (Dow Jones) -- Angela Merkel bowed to French President Emmanuel Macron’s demands for a eurozone budget on Tuesday as part of a package of measures to overhaul the European Union, which the two will now put to their neighbors in a bid to overcome the continent’s deepening divisions.

Corporations

Ford Buys Historic Train Station in Detroit for Redevelopment

Jun.19 (Dow Jones) -- Ford Motor Co. has purchased a long-abandoned train station in Detroit and is planning to redevelop it as a technology hub for electric and autonomous cars.

Markets

Risk of Chinese Currency Devaluation Rises With Latest Tariffs Threat

Jun.19 (Dow Jones) -- The Trump administration’s threat to slap tariffs on another $200 billion in Chinese goods has reignited fears that Beijing will turn to a powerful but risky weapon: a depreciation of its currency.