Fed holds rates steady, pausing for further inflation progress
Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate reductions last...
US core business equipment orders increase by more than forecast
US orders and shipments for business equipment both rose in December by more than forecast, pointing to firmer investment going...
EV maker Nikola explores sale, partnerships with cash dwindling
Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling parts or all of the company,...
US housing starts top all forecasts on multifamily construction
Housing starts in the US climbed in December to the fastest pace since early 2024, reflecting a surge in multifamily...
US homebuilders’ sales expectations slip as financing costs rise
US homebuilders grew less upbeat this month about sales prospects as surging mortgage rates risk spooking buyers. A gauge of...
California ends push for pollution rules likely doomed by Trump
California clean-air regulators withdrew requests with the Biden administration to set tougher pollution rules in the state for heavy-duty trucks,...
FTC prepares lawsuit over Deere equipment repair practices
The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment...
US farm recovery not expected until 2026 as crop prices stay low
Low crop prices and high costs for seeds and machinery mean a rebound in the American farm sector won’t start...
