US inflation broadly cools, bolstering case for Fed rate cut
US inflation cooled broadly in June, driven by a long-awaited slowdown in housing costs and providing another dose of confidence ...
Tag: bloomberg
Treasuries slip as Powell calls for evidence of inflation’s ebb
US Treasuries slipped as Federal Reserve Chair Jerome Powell told Washington lawmakers he wants more evidence of cooling inflation, bolstering ...
Calpers allots more than $1 billion to Sixth Street’s asset-based finance
California Public Employees’ Retirement System committed more than $1 billion to an asset-based finance strategy managed by Sixth Street, according ...
Robots, drones and driverless tractors usher in new age of farming
Tractors plow the farm fields without drivers, guided by satellites and iPhones. Solar-powered robots tend to plants on the ground ...
Car sellers warn investors of possible financial hit from cyberattack
Some of the largest auto dealers in North America are warning of a potential “material” impact to their finances from ...
Car dealers are idle across the US after second cyberattack
Auto retailers across the US are likely to be out of service for days following a second major cyberattack at ...
Waabi raises $200 million to deploy driverless trucks by 2025
Autonomous driving startup Waabi Innovation Inc. has raised $200 million from investors including Uber Technologies Inc., Nvidia Corp. and Volvo ...
Fed officials dial back rate forecasts, signal just one ’24 cut
Jerome Powell during a news conference following a Federal Open Market Committee meeting in Washington, DC on June 12.Photographer: Al ...
