The Nasdaq closed slightly lower on Friday, capping its steepest weekly decline since early April as investors reassessed the rapid gains in artificial intelligence (AI) and technology shares. The index dropped about 3% for the week, while chip and tech-related stocks were the biggest losers. Despite this setback, the Nasdaq remains up more than 50%...
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Mexico Disputes U.S. Revocation of Airline Routes Amid Aviation Agreement Tensions
Mexican President Claudia Sheinbaum voiced strong opposition to the U.S. government’s decision to revoke approval for 13 Mexican airline routes to the United States and suspend combined passenger and cargo flights from Mexico City’s Felipe Angeles International Airport (AIFA). Sheinbaum announced plans to request a meeting between Mexico’s foreign minister and the U.S. Secretary of...