The best Dow performer of the year isn’t a tech stock. Why analysts don’t expect a repeat performance

The best Dow performer of the year isn’t a tech stock. Why analysts don’t expect a repeat performance

Caterpillar’s emergence as an artificial intelligence play has boosted the stock this year, hitting an all-time high earlier this month. Gains going forward may be much tougher to come by, however. The industrial giant surged 61% this year, making it the best-performing constituent in the Dow Jones Industrial Average . The benchmark’s second-best performer, Goldman … Read more

Trump administration unresponsive after containership fire, Port of Los Angeles chief says

Trump administration unresponsive after containership fire, Port of Los Angeles chief says

The head of the largest port in the United States said the Trump administration has not reached out to offer assistance following a fire that erupted on a containership on Friday and continues to burn outside of the port. “I have been trying to set up meetings with Trump cabinet officials and [U.S. Trade Representative … Read more