President Donald Trump and New York City Mayor-elect Zohran Mamdani had their first face-to-face meeting at the White House.
Read More Mamdani and Trump have first face-to-face meeting: ‘The better he does, the happier I am’Tag: utilities
US power prices soar as brutal heat wave stresses power grids
power prices soared to their highest since the winter as homes and businesses cranked up their air conditioners to escape a brutal heat wave blanketing the eastern half of the country.
Read More US power prices soar as brutal heat wave stresses power gridsUS job openings post biggest drop in 14 months
U.S. job openings dropped by the most in 14 months in December, but steady hiring and low layoffs suggested that the labor market was not abruptly slowing down.
Read More US job openings post biggest drop in 14 monthsWall St jumps with tech stocks in the lead after Fed kicks off easing cycle
Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.
Read More Wall St jumps with tech stocks in the lead after Fed kicks off easing cycleCyberattacks on US utilities surged 70% this year, says Check Point
U.S. utilities faced a near 70% jump in cyberattacks this year over the same period in 2023, according to data from Check Point Research.
Read More Cyberattacks on US utilities surged 70% this year, says Check PointUS consumer spending solid in July; inflation rises moderately
Consumer spending increased solidly in July, arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.
Read More US consumer spending solid in July; inflation rises moderately
