WASHINGTON (AP) — The Energy Department is set to announce it will spend almost $2 billion to try to squeeze more electricity out of the nation’s aging and stressed power grid, as President Donald ...
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US markets point to more losses as Treasury yields hover near two-decade highs, energy prices rise
Stocks came under significant pressure late Wednesday when the 10-year Treasury jumped to 5.14% from 4.96%, a substantial move higher. High yields undercut prices for stocks and other investments, ...
It is the second big round of store closures under Starbucks Chairman and CEO Brian Niccol, who joined the company in 2024. Last September, Starbucks closed 627 stores in North America and Europe and ...
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Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare
Claims for jobless benefits are a proxy for layoffs, and economists watch them because they can be a sign of where the job market is headed. So far this year, claims have mostly stayed below 220,000 — ...
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