The Bank of Mexico increased its forecast for economic growth this year following a better-than-expected performance in the fourth quarter of 2025, the Wall Street Journal reported. In its quarterly economic report Thursday, the central bank said it expects gross domestic product to expand 1.6% in 2026, up from its previous estimate of 1.1%. The bank left its GDP forecast at 2.0% for 2027. The central bank said it still sees moderately faster growth, although from a higher base than previously estimated.

In the days since the US Supreme Court declared most of President Donald Trump’s global tariffs illegal, more than 100 companies filed new lawsuits, underscoring widespread concerns that the administration won’t readily refund the billions of dollars it’s already collected, Bloomberg News reported. Public companies and household names are joining the clamor. FedEx Corp. filed suit on Monday, followed by Dyson Inc., Dollar General Corp., Bausch & Lomb Inc., Brooks Brothers, and Sol de Janeiro USA Inc. Units of cosmetic giant L’Oreal SA and shoe companies On Holding AG and Skechers USA Inc.

Wall Street's top regulator on Friday said it had adopted ‌final rules requiring disclosures of shareholdings ‌and transactions by directors and officers of foreign companies traded ​in the United States, something Congress had mandated late last year, Reuters reported. The move adds to an apparently tightening regulatory environment for foreign companies in the ‌United States. Last ⁠year, the U.S.

The numbers aren’t dramatic at first glance — a 2.3 per cent annual increase in consumer insolvencies tempered by a 3.8 per cent dip in filings in the fourth quarter. But taken together, they tell a story about pressure building quietly for many Canadian households, the Toronto Star reported. New data from the Office of the Superintendent of Bankruptcy (OSB) shows there were 140,457 consumer insolvency filings in 2025 — the second-highest annual total since record-keeping began in 1987, and the highest in 16 years.

Mexican broadcaster TV Azteca, which is controlled by Mexican business magnate Ricardo Salinas Pliego, said on Thursday that shareholders had approved a voluntary bankruptcy process for restructuring the company's finances and liabilities, Reuters reported. TV Azteca said that the decision to initiate the bankruptcy process was based on the impact of license payments to the government in 2018, the COVID‑19 pandemic, a "complex negotiation" with international creditors and the recent payment of years of owed taxes to Mexican authorities.

U.S. tariffs have rerouted trade, but not dented it as much as feared, allowing larger-than-expected economic growth in certain developing markets, the European Bank for Reconstruction and Development said on Thursday, Reuters reported. Growth in the 41 countries covered by the development finance institution rose by a larger-than-forecast 3.4%, but the bank warned that continued trade turmoil could yet derail growth in some of the economies.

The U.S. is moving to sever a small Swiss bank from access to the U.S. financial system for its alleged support for Iranian and Russian actors, as U.S. and Iranian officials hold indirect talks Thursday in Geneva over Tehran’s nuclear negotiations, the Associated Press reported. Treasury’s Financial Crimes Enforcement Network proposed a federal regulation Thursday that, if finalized, would prohibit U.S. institutions from doing business with MBaer Merchant Bank AG, which has no relation to the larger Swiss bank Julius Baer. The bank is accused of funneling over $100 million through the U.S.

Freight flows across western Mexico are beginning to normalize after several days of cartel-related violence disrupted highways, ports and manufacturing operations tied to U.S.-Mexico trade, the Associated Press reported. A deadly military operation targeting the leadership of the Jalisco New Generation Cartel (CJNG) on Sunday triggered road blockades, temporary facility shutdowns and airport disruptions across parts of Jalisco, Michoacán and neighboring states. More than 70 people have reportedly died in the violence, including 25 National Guard members.

A.Y.K. International Inc., the maker of Secret and Silk pantyhose, has struck a deal to purchase insolvent Sheertex parent SRTX Inc., The Globe and Mail reported. SRTX and three affiliates last week filed a notice of intention to make a proposal under the federal Bankruptcy and Insolvency Act, with PricewaterhouseCoopers Inc. acting as trustee. The deal, which requires court approval, would be structured as a “reverse vesting” deal, meaning that assets and liabilities that Montreal-based A.Y.K. doesn’t want would be transferred to a separate entity. A.Y.K.

China said on Wednesday it had already met obligations linked to Washington's Section 301 unfair trade practices statute, after the U.S. Trade Representative signalled he would continue investigations that could lead to more tariffs, Reuters reported. Beijing made an agreement with the United States linked to that statute in 2020, a spokesperson from China's Commerce Ministry said. China hoped the U.S. would not "shift responsibility" or "provoke trouble" but will instead see that the agreement had been implemented, the spokesperson added in a statement. U.S.