I Squared sells stake in €4 Billion truck leasing firm TIP Group
I Squared Capital has agreed to sell a 25% stake in transport equipment leasing company TIP Group to Investment Management...
AI sales start to justify data-center spending boom, report says
Revenue from artificial intelligence has reached a tipping point, showing that the hundreds of billions of dollars tech companies are...
Fed holds rates steady, officials split over hikes this year
Federal Reserve officials left interest rates unchanged and were split over whether they expect to raise rates this year. Policymakers’...
US housing starts drop to the weakest pace since 2020
New residential construction in the US slowed to the weakest pace in six years, driven by a steep decline in...
US lowers tariffs to boost investment in industrial economy
The White House said it will reduce tariffs on farm and construction equipment such as harvesters and forklifts, in an...
US construction spending on data centers eclipses $50 billion
Spending on data-center construction in the US eclipsed $50 billion in April for the first time, according to Census Bureau...
BMO to sell truck, trailer financing businesses to Stonepeak
Bank of Montreal agreed to sell its business that finances trucks, trailers and equipment to Stonepeak, offloading a portfolio that...
AI mania makes old-school industrials behave like chip stocks
Optimism surrounding the potential for industrial companies to profit from the artificial intelligence boom has fueled record-setting momentum in the...
