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Bedrock Announces Succession Plan for Retiring CEO
Officials at Bedrock announce a succession plan after CEO Kofi
Bonner announces his retirement after five years at the helm.
Key U.S. Inflation Gauge Rises Slightly
The Federal Reserve’s preferred inflation gauge climbed a little higher last month, with prices rising 2.6% in June compared with a year ago.
The Commerce...
U.S. Announces Higher Tariffs, Including 35% on Canada
President Donald Trump’s tariff rates were supposed to kick in Friday, but have now been delayed a week.
Trump signed a pair of executive orders...
Consumer Confidence Rose Slightly in July
The way Americans view the U.S. economy improved in July, but they appear to still be concerned about the impact of the country’s shifting...
Fed Held Rates Steady in July, With No Signal of September...
Key Takeaways:
As expected, the Federal Reserve held their policy rate unchanged at their July meeting.
While two members of the rate-setting committee dissented and voted...
Microsoft Cloud and AI Strength Fuel Fourth-Quarter Surge
Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier.
The Azure...