US inflation accelerates as gas, rent and food prices climb
US inflation continued to accelerate in April amid an ongoing climb in gasoline prices driven by the Iran war and...
Caterpillar profit beats on construction and power growth
Caterpillar Inc. posted first-quarter earnings that beat Wall Street expectations on strong sales of construction machinery and equipment used to...
Divided Fed officials hold rates; Powell to stay as governor
Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty...
Caterpillar acquires self-driving electric tractor startup
Caterpillar Inc. has acquired self-driving electric tractor startup Monarch Tractor, according to people familiar with the matter. Monarch, dubbed the “Tesla of...
Bezos-backed EV truck startup Slate Auto raises $650 million
Slate Auto, the electric vehicle startup backed by Jeff Bezos, has raised $650 million to fund its effort to bring...
US CPI surges 0.9% in largest monthly jump since 2022 on gas
US inflation surged in March by the most in nearly four years as the war with Iran sent gasoline prices...
Inflation expectations jump with Iran War, Fed survey finds
Near-term inflation expectations jumped in March by the most in a year as consumers anticipated higher gas and food prices...
Trump restructures broad metals tariffs but keeps 50% rate
The Trump administration said it will maintain 50% tariffs on many imported steel, aluminum and copper products, even as it...
