Economic News and Analysis
Economic News
BusinessBloombergStock Rally Fades With Fed on Tightrope After Data: Markets Wrap
(Bloomberg) -- The stock market struggled to gain much traction after data pointed to an economy that is slowing amid stubborn inflation, posing a challenge to the outlook of Federal Reserve policy.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Ackman Scolded Over DEI Views at Closed-Door Milken SessionIce Cube’s Big3 Basketball League Sel
BusinessBloombergSoyoil Jumps on Bets US Tariffs to Include Chinese Cooking Oil
(Bloomberg) -- Soybean oil futures surged by the most since July as traders bet that Chinese used cooking oil may be included on the list of tariffs expected to be announced by the US.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Ackman Scolded Over DEI Views at Closed-Door Milken SessionIce Cube’s Big3 Basketball League Sells Its First T
U.S.FortuneAfter getting billions in federal funding, Amtrak is ‘trying to claw 19th century and 20th century assets and pull them into the 21st century,’ CEO says
Rail infrastructure in the U.S. faces a backlog of repairs worth billions of dollars.