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(Bloomberg) -- Mexico’s economy posted the biggest quarterly contraction since 2021, with domestic demand and private investment faltering just as tensions with its top trade partner mount. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Sorry, Kids: Disney’s New York Headquarters Is

The Fed board, he said, should resist initiatives that impede effective supervision by discouraging examiners to flag issues early, or ones that add to the process unnecessarily, he said.

The S&P 500 suffered its largest single-day percentage drop since December 18, as did the small cap Russell 2000. For the week, all three indexes lost ground, with the Dow registering its steepest Friday-to-Friday plunge since mid-October. "I don't like all this red on a Friday," said Greg Bassuk, CEO at AXS Investments in New York.

Studies show this generation facing rising costs of living, high debt levels, and economic uncertainty, but they are actively seeking financial education and stability.

When German voters go to the polls Sunday, the country’s moribund economy — and promises to fix it — will be front of mind. But Donald Trump’s looming import tariffs will make that daunting task even harder for the new government.

Consumer inflation in Tokyo likely slowed down in February as the government reinstated steps to ease the burden from energy bills as higher living costs haunt persistent inflation presser, a Reuters poll showed on Friday. The core consumer price index (CPI) in Tokyo, a leading indicator of nationwide price trends, was seen rising 2.3% year-on-year this month, slowing down from a 2.5% gain in January, the median forecast of 16 economists found. "While food prices continue to rise, the pace of increase in core CPI is expected to slow due to lower electricity and gas prices led by the resumption of government support," said Shunpei Fujita, economist at Mitsubishi UFJ Research and Consulting.

(Bloomberg) -- Australia’s central bank is closely monitoring the state of the labor market as persistent tightness may signal a stronger economy, Governor Michele Bullock said, adding that policymakers aren’t “pre-committed” to any path for interest rates.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquart