Not too long ago, tech enthusiasts were telling us that by 2020, we’d see self-driving cars hit the mainstream, with some 10 million on the roads. That turned out to be a wild overestimation. The actual number of vehicles in testing is thousands of times smaller, and they’re still driving mostly in controlled conditions. Companies have also scaled back their ...

Bloomberg US equity futures climbed alongside stocks in Europe and Asia as investors pushed benchmarks to record highs before commentary from Federal Reserve chairman Jerome Powell. Oil rose and Treasuries slipped. Contracts on the three main American gauges pared earlier gains but remained in the green ahead of Powell’s testimony before Congress, where the Fed chair will likely give hints ...

Bloomberg India stocks rose, rebounding from two days of losses, as investors assessed the impact of the federal budget on demand while earnings season for companies enters its last leg. The S&P BSE Sensex advanced 0.6%, the most in nearly a week, to 41,216.14 in Mumbai. It had risen as much as 1.1% on Tuesday. The NSE Nifty 50 Index ...