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Mexico’s peso falls again despite currency hedge auctions

Susana Gonzalez | Bloomberg | Getty Images Mexican one thousand pesos bills are run through a counting machine inside a currency exchange store in Mexico City, Mexico. Mexico’s central bank sold an additional $500 million in foreign exchange hedges on Tuesday to support the peso amid uncertainty over the economic …

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Energy stocks could be due for an even bigger rally

Energy stocks have soared this month, and Todd Gordon, a technician and founder of TradingAnalysis.com, says an even bigger rally is in store for the sector. The XLE energy-tracking ETF is up almost 7 percent in December, with energy stocks also getting a boost Tuesday as oil rallied to hit …

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US says it negotiated $285 million cut in United Nations budget

Brendan McDermid | Reuters United States ambassador to the United Nations Nikki Haley addresses the U.N. Security Council, December 8, 2017. The U.S. government says it has negotiated a significant cut in the United Nations budget. The U.S. Mission to the United Nations said on Sunday that the U.N.’s 2018-2019 …

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