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 ...
Tag: bloomberg
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 ...
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 unveils new loan guarantees for beleaguered farmers
President Donald Trump announced new loan guarantees for farmers and food suppliers, a bid to bolster US agricultural communities squeezed ...
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