Remittances to Mexico near a record but ‘super peso’ crimps spending power
People sending money back to Mexico this year have faced a new challenge: the “super peso.” The Mexican currency reached…
Jim Jordan loses first House speaker vote, will try again Wednesday
Rep. Jim Jordan’s bid to become speaker of the U.S. House of Representatives failed in a first vote Tuesday, raising…
Retail sales rose 0.7% in September, much stronger than estimate
Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a…
Jim Jordan’s House Speaker bid gains momentum as Biden warns of ‘dangerous’ leadership vacuum in Congress
Rep. Jim Jordan of Ohio rallied fresh support Monday for his bid to become the next speaker of the House…
Pfizer slashes full-year earnings and revenue guidance as Covid treatment, vaccine sales slump
Pfizer on Friday slashed its full-year earnings and revenue guidance and launched a $3.5 billion cost-cutting plan due to waning…
Rep. Jim Jordan nominated for House speaker, but falls short of total votes needed
House Republicans on Friday nominated Rep. Jim Jordan of Ohio as their new nominee for speaker of the House of…
Biden praises Kaiser Permanente labor agreement after worker strike: ‘Collective bargaining works’
More than 85,000 health workers reached a tentative labor agreement with Kaiser Permanente on Friday that will avoid more strikes…
Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates…
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than…
Dollar General stock jumps after it brings back former CEO to jolt slowing sales growth
Dollar General’s former CEO Todd Vasos is coming out of retirement to helm the company, which aims to rebound from…
