Economy

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…

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…

U.S. can ‘certainly’ afford military support to both Israel and Ukraine, Janet Yellen says

U.S. Treasury Secretary Janet Yellen said the country can “absolutely” afford to financially support both Israel and Ukraine in their…

Stocks making the biggest moves premarket: Pfizer, Lululemon, Manchester United, Rite Aid and more

Check out the companies making headlines before the bell. Pfizer, Moderna, BioNTech — Shares of Pfizer dropped 1.3% after the…

The UK Labour Party has a Biden-esque economic plan — but it’s very different to Bidenomics

LONDON — The U.K.’s main opposition Labour Party last week set out the economic platform it hopes will propel it…

Risk-taker’s market? Why it may be practical to take chips off the table

It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take…