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Mexico hopes early USMCA review will give investors, consumers clarity

Mexico hopes to start a review of its trilateral trade agreement with the U.S. and Canada in the second half of this year, ahead of schedule, to provide clarity to consumers and investors, the nation's economy minister said on Tuesday. "We estimate that we'll start discussions in the second half of the year," Economy Minister Marcelo Ebrard told journalists on the sidelines of a ministry event with local financial technology firms. The USMCA trade pact is up for review next year.

Anthropic, Google score win by nabbing OpenAI-backed Harvey as a user

Popular legal AI tool Harvey will now be using leading foundation models from Anthropic and Google, moving beyond strictly using OpenAI's, Harvey announced in a blog post on Tuesday. This is noteworthy because Harvey is one of the OpenAI Startup Fund’s most successful early-backed portfolio companies. The OpenAI Startup Fund is an OpenAI-associated fund to back companies developing products on top of AI technologies, primarily OpenAI's own. While Harvey says it's not abandoning OpenAI, merely ad

Bitcoin Eyes $105K as Coinbase Surges 24%; Rally Has More Room, Says Analyst

Bitcoin BTC climbed back above $104,000 on Tuesday with welcome fresh inflation data, President Trump's bullish outlook on financial markets, and Coinbase's inclusion into the S&P 500 among catalysts for the advance. April’s Consumer Price Index (CPI) came in cooler than anticipated, which may allay pressure on the Federal Reserve anxious about inflation due to tariffs. Fed Chair Jerome Powell's scheduled speech on Thursday could provide further policy guidance.

How major US stock indexes fared Tuesday, 5/13/2025

The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite rose 1.6% as AI and other tech stocks led the way. The report on inflation could give the Federal Reserve more leeway to cut interest rates later this year to help the economy, but analysts and economists cautioned that inflation could still run higher in coming months because of President Donald Trump's tariffs. On Tuesday: The S&P 500 rose 42.36 points, or 0.7%, to 5,886.55.