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German jobless rate falls

Bloomberg German unemployment fell for the 12th consecutive month in June, suggesting that companies in Europe’s largest economy are relatively optimistic that the current slowdown won’t worsen. The number of people out of work declined by a seasonally adjusted 15,000 to 2.342 million, the Federal Labor Agency in Nuremberg said. Economists in a Bloomberg survey had predicted a drop of ...

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In Trump trade war, firms like GM wind up on both sides

Bloomberg In imposing sweeping tariffs, President Donald Trump is betting he can give domestic companies a boost while beating back foreign competitors. The problem is figuring out which one is which. About 40 percent of the cars and trucks that General Motors Co. sells in the US this year, for example, will be imported, according to researcher LMC Automotive. The ...

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Mexico heads to polls with leftist on brink of victory

Bloomberg Mexicans head to ballot stations on Sunday to elect a president and they’re set to hand power to a left-wing leader for the first time in decades, in a revolt against entrenched corruption, crime and poverty. Andres Manuel Lopez Obrador appears headed for a landslide win that could also give him majorities in both houses of Congress — a ...

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