US economy

Special Counsel Mueller Probes Jared Kushner's Contact With Foreign Leaders

Nov.21 (Dow Jones) -- Robert Mueller's investigators are asking questions about Jared Kushner's interactions with foreign leaders during the presidential transition, including his involvement in a dispute at the United Nations in December, in a sign of the expansive nature of the special counsel's probe of Russia's meddling in the election, according to people familiar with the matter.

Fed Changes Quorum Rules as It Deals With Vacancies

Nov.21 (Dow Jones) -- The Federal Reserve is planning for ways its seven-person board of governors can operate with multiple vacancies, as the Washington-based body could have as few as three members come February.

Yellen Says She's Uncertain Weak Inflation Is Transitory

Nov.21 (Dow Jones) -- The Federal Reserve is monitoring inflation closely given officials' uncertainty over whether the factors keeping it below their 2% target will prove endemic, Chairwoman Janet Yellen said Tuesday.

Global Economy

Trump's Hopes for Quick Nafta Deal Are Dimming as Talks Slow

Nov.21 (Bloomberg) -- After three months of talks, the U.S., Canada and Mexico remain miles apart on a deal to update the region’s flagship trade pact.

In Mexico, Both Fiery Left and Old Guard Claim Revolution Mantle

Nov.21 (Bloomberg) -- In Mexico, all politicians want to be seen as the true heir of the Revolution a century ago. It places them on the side of the masses, enabling them to identify with the hardships of daily life, such as poverty and insecurity, even when they’re part of the status quo.

Mexico to Raise Minimum Wage Above Inflation

Nov.21 (Dow Jones) -- Mexico's minimum wage commission decided Tuesday on an above-inflation increase in the country's minimum wage in a continued effort to restore lost purchasing power among the country's lowest-paid workers.

Trudeau Replaces Trump as Biggest Obstacle to Pacific Trade Pact

Nov.21 (Bloomberg) -- Donald Trump is old news: Justin Trudeau is now seen as the biggest obstacle to sealing a groundbreaking Pacific trade agreement.

Corporations

Uber Reveals Data Breach

Nov.21 (Dow Jones) -- Uber Technologies Inc. on Tuesday revealed it paid hackers $100,000 in an effort to conceal a data breach affecting 57 million accounts one year ago, a troubling disclosure that adds to a string of scandals and legal problems for the world's most highly valued startup.

Meg Whitman to Step Down as Hewlett Packard Enterprise CEO

Nov.21 (Dow Jones) -- Meg Whitman, one of Silicon Valley's most experienced chief executives and one of the most prominent women in American business, said she will step down as chief executive of Hewlett Packard Enterprise Co. early next year, handing the reins to a company veteran and signing off on her overhaul of the troubled hardware maker.

Trump Calls AT&T-Time Warner Deal 'Not Good for the Country'

Nov.21 (Dow Jones) -- President Donald Trump said AT&T Inc.'s takeover of Time Warner Inc. wouldn't be good for the country, weighing in on the $85 billion transaction the day after the Justice Department filed a lawsuit to block it.

How Amazon Can Make or Break Holiday Retail

Nov.21 (Dow Jones) -- The maker of popular children's robots is using Amazon.com Inc. to game the holiday retail season for its latest model.

Markets

Half Emerging-Market Bond Index Faces Election Risk in 2018

Nov.21 (Bloomberg) -- Investors set to bag the best returns in five years from emerging-market bonds this year should brace themselves for 2018. Political risk looms large.

Tech Rally Goes Global, Powering Major Stock Indexes to Fresh

Nov.21 (Dow Jones) -- Shares of global technology companies are outpacing other sectors this year by the widest margin since the height of the dot-com era, with a handful of key players dictating how markets are performing around the world.