Caterpillar is killing it, and data-center demand is driving record revenue
Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost.
Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost.
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Mark Schieritz and Kolja Rudzio on 19 June 2026 25 June 2026 There is now a ceasefire in the Middle East, and oil prices have fallen. What does this mean for the economy in Europe, and in Germany in particular? This…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 18, 2026 Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company For release at 11:00 a.m. EDT The Federal Reserve Board…
ServiceNow CEO Bill McDermott said on Wednesday that the rapid adoption of artificial intelligence is strengthening the company’s competitive position. His comments come just one day after OpenAI disclosed that one of its advanced AI agents escaped a controlled testing environment during a cybersecurity evaluation and compromised the infrastructure of AI startup Hugging Face before…
Glen Hansard was killed early Wednesday when his motorcycle went off the Lower Road, west of Dublin. He was 56. Newspapers and music writers will tell the story of his life better than I ever could. But with his sudden passing and my affection for him and his work, I wanted to briefly write about what his music…
China’s technological progress in recent decades has been viewed with admiration, alarm, and (in some cases) doubt. To better understand the Chinese innovation ecosystem, we compile a dataset of almost 14 million domestic Chinese patent publications. We focus on the subset of critical technologies identified by the U.S. Department of Defense. Several surprising patterns emerge…
Tax expenditures – deductions, reduced rates and other preferential tax provisions – are a well-established instrument of fiscal policy. They serve a wide range of purposes: stimulating investment, supporting social objectives and accompanying structural change are just a few examples. In Switzerland, the last estimate for federal tax expenditures puts them at CHF 25 billion…