Finance-amtomessage

CPI rose at a rate of 2.9% in August as U.S. inflation ticked higher

webadmin 2025-09-11

The Consumer Price Index rose 2.9% in August from a year earlier, matching economists’ forecasts that prices would pick up slightly as President Trump’s tariffs filtered through the e...

Forecast says holiday sales to retreat to pre-pandemic rates

webadmin 2025-09-11

Deloitte’s annual holiday retail forecast shows consumers retreating to pre-pandemic levels of shopping — but one expert explains why that’s not necessarily a red flag. The company forecasts holi...

GE Vernova to sell Proficy unit to TPG for $600 million

webadmin 2025-09-11

(Reuters) -U.S. power equipment maker GE Vernova said on Thursday it had agreed to sell Proficy, its industrial software business, to asset management firm TPG for $600 million as part of cost-cu...

Inflation ticked up in August, but Fed rate cut remains in play amid weakening job market

webadmin 2025-09-11

U.S. inflation accelerated modestly in August, suggesting the Federal Reserve may have some leeway to cut interest rates at its September meeting. Consumer prices rose an annual 2.9% in August, th...

Oracle’s stock skyrocketed. Jefferies analysts say there could be even more room to run.

webadmin 2025-09-11

Oracle office in Santa Monica, CaliforniaRichard Vogel/AP Oracle’s stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock ...

Inflation ticks up in August, complicating Fed’s rate cut path

webadmin 2025-09-11

Inflation edged higher in August, government data showed Thursday, as investors looked for signs of how much President Trump’s tariffs are filtering into consumer prices and what that means for h...