Warsh nominated for Fed chair, path to confirmation unclear
President Donald Trump has formally nominated Kevin Warsh to serve as chair of the Federal Reserve’s Board of Governors, the ...
Tag: bloomberg
US core capital goods orders exceeded forecast in December
US orders for business equipment increased in December by more than projected, suggesting solid capital investment at the end of ...
Caterpillar earnings beat helped by data center power demand
Caterpillar Inc. got an earnings boost from selling power generation equipment to AI data centers in its fourth quarter, helping ...
Fed holds rates steady, nods to stabilization in jobless rate
Federal Reserve officials left interest rates unchanged and pointed to improvements in the US economy as they signaled a more ...
Activist Plantro pushes for board overhaul at Ag Growth
An activist investor is pressing for a board shakeup at Ag Growth International, citing what it calls a severe governance ...
Caterpillar crosses $300 billion in market value on AI rally
Caterpillar Inc. shares extended a turbocharged rally fueled by bets on the industrial giant’s artificial intelligence prospects to push its ...
Apollo leads $1.2 billion investment in Brad Jacobs’ QXO
An investor group led by Apollo Global Management Inc. has agreed to invest $1.2 billion in QXO Inc. to support ...
Caterpillar’s worst 5 days since April show AI hype’s pitfalls
Caterpillar Inc.’s AI-powered rally stumbled as investors questioned the sustainability of the trade across US equities, sending the stock tumbling ...
