Europe's Economy Stutters as War Drives Up Inflation Both the ECB and BOE, facing a mix of weaker growth and higher inflation, held interest rates steady. Core PCE Inflation Ticks Up to 3.2% Annual ...

Caterpillar Profit Climbs, Sales Jump on Continued Demand Caterpillar notched a higher profit and jump in sales during the first quarter, driven by continued demand for its construction equipment, as ...

PCE price index climbed 3.5% in past 12 months Rising gas prices are boosting overall U.S. inflation in a blow to American families. A key measure of inflation used by the Federal Reserve to set ...

U.S. soybean export sales landed on the low side of analyst forecasts for the week, according to data from the Department of Agriculture. In its latest weekly report published Thursday, the USDA said ...

The eurozone economy weakened at the start of the year, and is likely to struggle ahead as a jump in energy prices curbs consumer spending and delays a hoped-for recovery in industry. The conflict in ...

Mitsubishi Electric utilizes its technology related to the control of electricity to cover a broad spectrum of business fields, including factory automation, or FA, elevators/escalators, social ...

OTTAWA--Canada's economy rebounded in the first quarter despite signs activity tailed off in March even with a spike in energy prices as the conflict in the Middle East escalated. Industry-level gross ...

Hertz and Uber are partnering on robotaxi fleet management. Hertz's affiliated company Oro Mobility will provide day-to-day vehicle asset management, including charging, maintenance, repairs, cleaning ...

Yili is the largest dairy producer in China, having overtaken Mengniu in revenue and market share in the early 2010s. It has strategically targeted the ultra-high-temperature milk and yogurt segments, ...

There is no sign of a business pullback due to the conflict with Iran. The U.S. economy rebounded to a solid 2% annual growth rate in the first quarter after a tepid 0.5% growth rate in the prior ...

SBA Communications has been more cautious than its tower peers in pursuing acquisitions and investing in its business, helping it avoid overpaying for assets and generating somewhat stronger returns ...

Over the past year, the PCE price index is up by 3.5%, well above the 2% annual rate the Fed aims for. The core 12-month PCE inflation rate is 3.2%.