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Mexico Inflation Ticks Higher in Line With Banxico Forecasts

(Bloomberg) -- Mexico’s annual inflation accelerated roughly in line with economists’ forecasts in early February, holding near the central bank’s estimates and keeping chances of a sixth straight interest rate cut in play.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsNYC’s Congesti

Chevron Is Essential to Venezuela’s Economy — and Trump Knows It

(Bloomberg) -- One of the key reasons Venezuela’s economy is slowly recovering from the worst collapse in modern history is an oil giant 2,200 miles away: Chevron Corp.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthThe Hou

Iraq Minister Hopes Kurdistan Oil Exports Resume in Two Days

(Bloomberg) -- Iraq’s oil minister said he’s hoping crude oil exports from the country’s northern Kurdistan region will restart in two days after a halt of almost two years following a payments dispute. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsNYC’s Congestion Pricing Pulls In

Oil Speculators Turn Sour as Bullish Wagers Get Trimmed Back

(Bloomberg) -- Hedge funds are turning less optimistic on crude oil’s prospects, trimming net-bullish bets in a further sign of market softening.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsNet-long positions for US marker

What election projections mean for Germany's ailing economy

BERLIN (Reuters) -Germany's opposition conservatives CDU/CSU won the national election on Sunday, putting leader Friedrich Merz on track to be the next chancellor while the far-right Alternative for Germany (AfD)came in second, its best ever result, projections showed. Germany's election results set the stage for protracted coalition talks.

Fed-Favored Inflation Gauge Is Set to Ease to Seven-Month Low

(Bloomberg) -- The Federal Reserve’s preferred inflation metric is expected to cool to the slowest pace since June, but glacial progress on taming price pressures overall will keep policymakers cautious about lowering interest rates further.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire Vic