financetom
Economy
financetom
/
Economy
/
Caterpillar's third-quarter profit drops on weak US construction activity, tariffs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Caterpillar's third-quarter profit drops on weak US construction activity, tariffs
Oct 29, 2025 4:03 AM

(Reuters) -Caterpillar ( CAT ) reported a lower third-quarter profit on Wednesday, hit by weak construction activity in the U.S. and tariffs imposed by the Trump administration.

The company, seen as a bellwether for the global industrial economy, reported an adjusted per share profit of $4.95, down from $5.17 a year earlier.

(Reporting by Nandan Mandayam and Nathan Gomes in Bengaluru; Editing by Shinjini Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed's Hammack says US needs to maintain restrictive policy amid inflationary pressures
Fed's Hammack says US needs to maintain restrictive policy amid inflationary pressures
Sep 29, 2025
(Reuters) -The U.S. Federal Reserve needs to maintain a restrictive stance of monetary policy to get inflation down to its 2% target, Cleveland Fed President Beth Hammack told CNBC's Squawk Box Europe on Monday. It's a challenging time for monetary policy. We are being challenged on both sides of our mandate, she said, referring to inflation and maximum employment. When...
US Dollar Falls Early Monday; Employment Report Key This Week
US Dollar Falls Early Monday; Employment Report Key This Week
Sep 29, 2025
07:53 AM EDT, 09/29/2025 (MT Newswires) -- The US dollar fell against its major trading partners early Monday to start a busy week of economic data that concludes with the September employment report Friday, all the while the threat of another government shutdown looms ahead of the Tuesday night deadline. Monday's schedule includes pending home sales data for August at...
Fed's Miran sees Trump economic overhaul driving down rates, others see a risky bet
Fed's Miran sees Trump economic overhaul driving down rates, others see a risky bet
Sep 29, 2025
WASHINGTON (Reuters) -New Federal Reserve Governor Stephen Miran's call for big interest rate cuts is based on faith that President Donald Trump's economic plans will quickly lower the rate of interest that would prevail in a healthy economy, something policymakers see as hard to estimate under the best conditions. It is an outlook that in Miran's view puts the economy...
Fed's Miran sees Trump economic overhaul driving down rates, others see a risky bet
Fed's Miran sees Trump economic overhaul driving down rates, others see a risky bet
Sep 29, 2025
WASHINGTON (Reuters) -New Federal Reserve Governor Stephen Miran's call for big interest rate cuts is based on faith that President Donald Trump's economic plans will quickly lower the rate of interest that would prevail in a healthy economy, something policymakers see as hard to estimate under the best conditions. It is an outlook that in Miran's view puts the economy...
Copyright 2023-2025 - www.financetom.com All Rights Reserved