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Trump Victory Leads to Higher Migrant Border Crossing Fees by Mexican Cartels

EAGLE PASS, Texas — Mexican human smugglers have increased fees for migrants crossing the border into the United States as it becomes harder to even reach the southwest border. There are many reasons cited for this and the rise in smuggling fees, including the results of the recent presidential election. Mexican sources cite President Trump's […]

Fed’s preferred inflation gauge ticked higher to 2.8%

Inflation indicators recommended by the US Federal Reserve (Fed) show that price increases were slightly higher in October, which could prompt the central bank to take a more cautious stance at next month's interest rate cut meeting. Highly sexual. The Core Personal Consumption Expenditures Price Index, a key measure of inflation that tracks average changes […]

Forex Today: US Dollar climbs higher as focus shifts to PMI data – FXStreet

Here's what you need to know on Friday, November 22nd. After a quiet European session, United States dollar (USD) It regained momentum late Thursday and continued to rise early Friday, reaching its highest level since October 2023 above 107.00. S&P Global releases preliminary Purchasing Managers' Index (PMI) for Germany, the Eurozone, and the United Kingdom […]

Walmart warns of higher prices if Trump implements proposed tariffs

Walmart Chief Financial Officer John David Rainey warned that President-elect Trump's proposed tariffs could lead to higher prices for Walmart shoppers. “Tariffs are going to cause inflation, there's no disputing that,” Rainey said in an interview with Liz Claman on Thursday's “The Claman Countdown.” “Consumers will likely end up paying more for items that they […]

GBP/USD edges higher to near 1.2700 ahead of UK CPI inflation data – FXStreet

GBP/USD rose as expectations for further interest rate cuts this year by the Bank of England faded. UK CPI inflation is expected to rise 2.2% year-on-year in October and 0.5% month-on-month. The dollar could strengthen as traders look forward to pro-inflationary policies from the incoming Trump administration. GBP/USD continues to rise for the third consecutive […]