by Bloomberg.com | Feb 23, 2023 | alerts, Markets/Economy
Iowa startup Rantizo saw its drone flights triple last year Farmers are increasingly deploying drones to spray their fields as growers look for alternatives to tight labor markets and heavy machinery that can knock over crops. While traditional land-based tractors...
by Bloomberg.com | Feb 23, 2023 | alerts, Markets/Economy
Revision shows 2.7% annual gain versus 2.9% initial estimate Federal Reserve’s key inflation metrics were revised higher US economic growth in the fourth quarter was weaker than previously estimated, reflecting a downward revision to consumer spending as the Federal...
by Bloomberg.com | Feb 21, 2023 | alerts, Markets/Economy
Risk-reward for stocks is extremely poor amid hawkish Fed: MS Strategist says S&P 500 to slide as much as 26% in first half Expensive US equities are flashing a warning sign that could see the S&P 500 sliding as much as 26% in the first half of this year,...
by Bloomberg.com | Feb 17, 2023 | alerts, Markets/Economy
Conference Board measure fell 0.3% in January after 0.8% drop Decrease was led by weaker expectations and factory orders An index of US leading economic indicators fell in January for a 10th straight month, reflecting declines in consumer expectations and factory...
by Bloomberg.com | Feb 15, 2023 | alerts, Markets/Economy
Wall Street-backed landlords have cut jobs and slowed purchases with high borrowing costs weighing on the housing market. Retired baseball star Alex Rodriguez took to LinkedIn in late 2021 to ask for help: He’d invested alongside Starwood Capital Group in a...