At M. Holland, we work closely with customers to understand their goals and challenges and find the right solutions. Click here to read more about our recent collaboration with Eaton, an international power management company, to increase the adoption of additive manufacturing and easily scale production across its locations worldwide.
Glencore will pay $7.1 billion to investors after high oil and coal prices last year helped adjusted earnings grow 60% to $34.1 billion, a record.
Pemex, Mexico’s state owned petroleum company and the world’s most leveraged producer with $105 billion in debt, will attempt to pay down its debts after finance markets imposed punishing rates on a bond issue in January.
The White House issued long-awaited rules for the national electric-vehicle charger network that requires chargers to be built in the U.S., with 55% of their content coming from U.S.-made components by 2024.
Producer prices jumped 0.7% in January from the prior month, though annual inflation eased to 6% from 6.5% in December. Economists were expecting a 0.4% month over month increase and a year over year inflation rate of 5.4%.
First-time unemployment claims unexpectedly fell last week by 1,000 to 194,000, the fifth straight week below 200,000. Economists had expected 200,000.
Traders see about a 50-50 chance of a quarter-point interest-rate hike in June following expected increases of the same magnitude at its next scheduled meetings in March and May, with interest rates peaking around 5.3% in July.
U.S. business inventories rose a moderate 0.3% in December as companies carefully navigated slowing demand.
The New York Fed saw its barometer of regional manufacturing activity contract for a third month in February but at a much slower pace than in previous months.
Confidence among single-family homebuilders improved for a second month in February with one of its largest gains in nearly a decade, according to an index from the National Association of Home Builders.
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