Coal plants step up as historic winter storm pushes US power grid to the brink
A deadly and historic winter storm that has impacted a 2,300-mile swath of the country with snow, ice and power...
Economy
Heating bills expected to spike for American households nationwide this winter
As millions of Americans deal with the fallout of winter storms and brace for upcoming inclement weather, households are also...
Consumer confidence plunges to lowest level in more than a decade
U.S. consumer confidence slumped to the lowest level since 2014 in January, sinking below pandemic-era lows as Americans are concerned about...
Fed expected to pause rate cuts after 3 straight reductions amid uncertainty over jobs, inflation
Federal Reserve policymakers are expected to hold interest rates steady when they conclude their first meeting of the new year...
Amazon to cut 16,000 roles as it looks to invest in AI, remove ‘bureaucracy’
Amazon said Wednesday it will cut approximately 16,000 roles across the company as part of an organizational overhaul aimed at...
Economist warns coming financial crisis will make 2008 look like ‘Sunday school picnic’
As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge...
New study shows cities where cost of living is rising fastest
New York City tops the list of U.S. cities where the cost of living is rising fastest, followed by three...
Fed holds interest rates steady, pausing rate cuts amid economic uncertainty
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of three straight rate cuts amid...
Jerome Powell offers advice for next Fed chair, addresses his future at central bank
Federal Reserve Chair Jerome Powell was asked about his future at the central bank beyond the end of his term in...
Powell says Americans forced to ‘economize’ as stubborn inflation squeezes household budgets
Federal Reserve Chair Jerome Powell said that policymakers are hearing that a significant segment of American consumers are still looking to...
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Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
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