Both the Fed and the U.S. economy are approaching a crossroads. Inflation has come down sharply since its 2022 peak of 9.1%, with the year-over-year increase in the consumer price index falling to 2.9% in July. Given the progress, the critical question facing Fed officials is no longer how much economic damage it will take to wrestle price increases back under control. It is whether they can finish the job without inflicting much damage at all.
PTC shares soar nearly 34% after Schneider Electric agrees to $22.6 billion buyout
In a strategic move, Schneider Electric has agreed to acquire PTC for $22.6 billion in cash. The acquisition reflects ongoing shifts in the software industry
October 5, 2026