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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Current price of oil as of June 11, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026
Future of WorkMexico

Mexico approves reduction of work week from 48 to 40 hours—eventually

By
The Associated Press
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The Associated Press
The Associated Press
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February 26, 2026, 11:38 AM ET
sheinbaum
President of Mexico Claudia Sheinbaum Pardo speaks during the daily morning briefing at Palacio Nacional on February 23, 2026 in Mexico City, Mexico. Cristopher Rogel Blanquet/Getty Images

Mexican lawmakers approved President Claudia Sheinbaum’s initiative to gradually reduce the work week from 48 hours to 40 hours early Wednesday.

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The constitutional reform now goes to state legislatures for approval, where Sheinbaum’s governing party controls the majority.

It passed the lower chamber of the Congress early Wednesday with 411 votes in favor and 58 against. The Senate had already approved it earlier this month.

The change will be implemented gradually, trimming two hours per year beginning in 2027 and reaching a 40-hour work week in 2030. Lawmakers decided to maintain the requirement for one day of rest for every six days worked, rejecting a proposal to require two days of rest per week.

The government has calculated that the change could affect 13.5 million workers, but some analysts say more than double that number could be covered.

Oscar Ocampo of the Mexican Institute for Competitiveness said the gradual implementation should help businesses adjust without hitting their finances.

The change will bring Mexico into line with various countries in Latin America, as well as Europe and Asia, where some are also experimenting with four-day work weeks.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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