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Before he began the journey that ended in disaster, Jose Luis Vasquez lived in a remote mountainous community in southern Mexico, where a single telephone connects a few indigenous families to the outside world, local residents said.

Consumer stocks were broadly mixed in mid-week trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 0.5% and the SPDR Consumer Discretionary Select Sector ETF (XLY) dropping 0.4%.

Persistent staffing shortages, fewer flights and booming demand have cast a shadow on the busy July Fourth holiday weekend and the entire summer travel season.

In our prior dispatch, we learned that return on invested capital (ROIC) is the most important financial metric because:

What happened Shares of Advanced Micro Devices (NASDAQ: AMD) fell again on Wednesday, down 5.1% as of 12:48 p.m. ET.

(RTTNews) - The Switzerland stock market ended with a slender gain on Wednesday, edging up in the closing minutes after languishing in the red till then amid fears over a possible recession.

U.S. stocks fell on Wednesday with a gloomy first-half of the year approaching its end, marred by concerns of an aggressive monetary policy that risks pushing the economy into a recession.

What happened Shares of Apple (NASDAQ: AAPL) climbed higher on Wednesday, adding as much as 2.4%. As of 12:42 p.m. ET today, the stock was up 1.3%.

What happened AeroVironment (NASDAQ: AVAV), in the spotlight recently because Ukraine is using its drones in its war with Russia, reported its fiscal fourth-quarter results after the market closed Tuesday, and the numbers came up short of expectations. Its shares lost altitude as

Chief Executive Bob Chapek introduced Walt Disney Co's first new cruise ship in a decade on Wednesday, the culmination of the first project the former theme parks executive championed to the company's board of directors.

(RTTNews) - European stocks ended notably lower on Wednesday as fears about a possible recession rendered the mood bearish.

The South African rand fell against the dollar on Wednesday after struggling state electricity company Eskom warned that the power system would remain constrained and vulnerable to additional breakdowns.

Exports of Ecuador's flagship Oriente crude remain suspended as anti-government protests spread across the country, limiting shipments to cargoes of Napo heavy crude, people with knowledge of the matter told Reuters on Wednesday.

(RTTNews) - The Japanese stock market is sharply lower on Wednesday, giving up some of the gains in the previous four sessions, with the Nikkei 225 staying above the 26,700 level, following the broadly negative cues overnight from Wall Street, dragged by exporters and technology

Liontown Resources Ltd signed a lithium supply agreement with Ford Motor Co, the Australian miner's latest after similar deals earlier this year with Tesla and electric vehicle (EV) battery maker LG Energy.

Chicago wheat futures extended gains on Wednesday, lifted by signs of improved demand and bargain-buying after three straight sessions pushed the contract to its lowest level since February.

(RTTNews) - Volkswagen together with Siemens is investing $450 million in Electrify America LLC, valuing the U.S. electric-vehicle charge business at $2.45 billion, the companies said in a statement.

The following table shows rates for Asian currencies against the dollar at 0205 GMT.

With the Bank of Japan's accommodative stance set to persist, USD/JPY will remain better bid, perhaps testing its 136.71 multi-decade high soon. Yet gains may slow with U.S. yields having peaked for now, and as jaw-boning by Japanese officials and exporter sales hamper rises.

Australian retail sales again beat expectations in May as consumers spent more on eating out and in department stores, suggesting demand is proving resilient in the face of surging inflation and rising interest rates.