US politics
fromAxios
4 months agoCEOs push for patience with Trump
Business leaders are optimistic about the Trump administration's economic policies despite uncertainties, advocating for lower tariffs and permanent tax cuts.
"After a poor first six months, operating results showed signs of recovery during the second half of 2024. Excluding the Car Assembly division, annual turnover is the highest ever."
The Mexican peso demonstrated remarkable resilience amid negative signals from the industrial sector, but faces considerable challenges in the near-term, especially from U.S. economic uncertainties.
Wetherspoons sales growth slowed slightly in the second quarter but still remained solid with robust trading over the key Christmas period. It's a delicate balance.
Crude oil futures were under pressure due to significant concerns about weakening global demand dynamics, particularly highlighted by a drop in China's refinery throughput.