Cooling towers are seen through a window at the Three Mile Island Nuclear power plant, during a tour by Constellation Energy, which has ordered a main power transformer for the nuclear reactor it is trying to reopen, in Middletown, Pennsylvania, on Oct. 16, 2024. Shannon Stapleton | Reuters President Donald Trump signed a series of…
Traders work on the floor of the New York Stock Exchange on March 13, 2025. NYSE Stock futures were little changed early Friday as investors continue to evaluate the effect of higher U.S. Treasury yields on the economy. Futures tied to the Dow Jones Industrial Average ticked lower by 119 points, or 0.3%. Nasdaq 100…
Trade tensions between the world’s two largest economies have escalated in the last two weeks. Dilara Irem Sancar | Anadolu | Getty Images The U.S. and China have agreed to maintain communication following a call between Chinese Vice Foreign Minister Ma Zhaoxu and U.S. Deputy Secretary of State Christopher Landau, according to a brief readout…
TOPSHOT – Customers enter an electronics shop in the Akihabara district of Tokyo on January 12, 2024. Richard A. Brooks | Afp | Getty Images Japan’s core inflation accelerated to 3.5% in April, government data showed on Friday, as persistent cost pressure strengthens the case for the central bank to focus on exiting its decade-long…
Williams-Sonoma CEO Laura Alber told CNBC’s Jim Cramer how the company is dealing with the effects of President Donald Trump’s tariff hikes. “We’ve been busy,” she said. “And we’ve also been reminded, you know, it’s important to have that flexible mindset, but also to have options in sourcing, and particularly with our big programs, to…
OpenAI is betting a new “era” of computing will justify the company’s decision to spend billions of dollars on bespoke hardware to go with it, Chief Financial Officer Sarah Friar said. The artificial intelligence startup, best known for the ChatGPT chatbot, announced plans on Wednesday to buy iPhone designer Jony Ive’s devices startup io for…
Double Black Diamond Solar near Waverly, south of Springfield, Illinois, is set to be the largest solar farm east of the Mississippi River on July 31, 2024. E. Jason Wambsgans | Tribune News Service | Getty Images Solar stocks plunged Thursday after House Republicans passed a tax bill that terminates key clean energy credits. Residential…
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, May 21, 2025. Michael Nagle | Bloomberg | Getty Images Stocks ticked higher on Thursday, as investors tried to shake off fears of rising rates and worries about a ballooning U.S. deficit. The 30-year Treasury yield…
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023. Bloomberg | Bloomberg | Getty Images Billionaire investor Ray Dalio on Thursday sounded another alarm on soaring U.S. debt and deficits, saying it should make investors fearful of the government bond market. “I think…
The Marriner S. Eccles Federal Reserve building in Washington, D.C. Stefani Reynolds | Bloomberg Creative Photos | Getty Images A sell-off in global bonds is accelerating as Moody’s downgrade of U.S. credit rating and President Donald Trump’s tax bill has brought to fore investors’ fiscal concerns globally. Events such as credit rating downgrades or budgets…
