Ex-RBA Chief Lowe Urges Policy Pause to Assess High Labor Costs
Philip Lowe in 2023. (Bloomberg) — Former Australian central bank Governor Philip Lowe said a clouded outlook for…
YouTube to Use AI to Sharpen Millions of Lower-Resolution Videos
The logo for YouTube Inc. is displayed on a laptop computer in an arranged photograph taken in the…
Caterpillar Says AI Power Drives Growth More Than Bulldozers
A Caterpillar Inc. diesel power generator in East Peoria, Illinois. (Bloomberg) — Caterpillar Inc., the company synonymous with…
US Mortgage Rates Fall to 6.3%, Boosting Purchase Activity
(Bloomberg) — US mortgage rates fell to a fresh one-year low, encouraging more homeowners to refinance and drawing…
Nvidia Shares Soar as Trump Fuels Hopes of China Blackwell Sales
(Bloomberg) — Nvidia Corp.’s shares extended their dramatic ascent to a record after US President Donald Trump said…
Nvidia CEO Downplays AI Bubble Fears as He Enlists New Partners
Jensen Huang, chief executive officer of Nvidia Corp., during the keynote address at the Nvidia AI summit in…
US Home Prices Post Weakest Gain in More Than Two Years
Homes in Hercules, California. (Bloomberg) — Home prices gained the least in over two years, slowing for the…
Apple Reportedly Moving Ahead With Ads in Maps App
Apple Maps could feature integrated ads as soon as next year, Bloomberg’s Mark Gurman reports. In his latest…
China to Make Substantial US Soybean Purchases, Bessent Says
A soybean harvest at a farm in Harvard, Illinois, US. (Bloomberg) — China will make “substantial” purchases of…
North America Set to Cut Rates as Rest of G-7 Looks On
The Marriner S. Eccles Federal Reserve building in Washington, DC. (Bloomberg) — Policymakers in Washington and Ottawa will…
After Jimmy Fallon Said His Show’s Not “That Political,” He Just Dragged Trump’s $300 Million White House Ballroom
NBC / Todd Owyoung/NBC via Getty Images On the Oct. 23 episode of the late-night show, Fallon talked…
US Consumer Sentiment Drops to Five-Month Low on Prices
A shopper at a grocery store in Dayton, Ohio, US, on Tuesday, Oct. 21, 2025. The Bureau of…