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Electricity-use projections are surging, prompting companies to extend fossil-fuel plants to meet the expected demand, which is undermining U.S. goals to cut carbon emissions.
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CBS News - Top stories
Inflation eases ahead of expected rate cuts
The inflation rate dropped to 2.5% in August, according to the latest data from the Labor Department, a further sign that the Federal Reserve will enact interest rate cuts when it meets next week. ...23 minutes ago - Inflation -
ABC News - World
Private power companies in Puerto Rico are under scrutiny as officials demand fewer outages
Two private power companies in Puerto Rico have come under scrutiny while presenting plans to stabilize the island's crumbling electric grid as officials demanded immediate action to minimize ...3 hours ago -
The Wall Street Journal - World
Comex Gold Edges Down, Silver Rises
Gold futures were treading water, with an in-line August CPI report paring expectations around how much the Federal Reserve may cut rates next week.5 hours ago -
The New York Times - Top stories
Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.7 hours ago - Federal Reserve -
ABC News - Top stories
Inflation falls more than expected, paving way for interest rate cut
The Fed is widely expected to cut interest rates next week.9 hours ago -
NBC News - Top stories
Inflation cools to 2.5%, slowest rate in more than three years
Inflation's steady march lower continued Wednesday, with the Bureau of Labor Statistics reporting that consumer price growth slowed to 2.5% in August, the lowest measure since 2021.11 hours ago -
Financial Times - Business
UK economy stagnated for second consecutive month in July
Figures are a blow to chancellor Rachel Reeves who has put growth at heart of government’s agenda17 hours ago - United Kingdom -
The Wall Street Journal - World
Lithium Miners Shares Surge on Possible CATL Supply Cut
Shares of lithium producers rose on possible suspension of some lithium mining and production operations by the world’s biggest maker of batteries for electric vehicles.18 hours ago -
Financial Times - Business
Kamala Harris has the measure of Donald Trump
The vice-president won the debate and shut down lingering fears of her inadequacy for the fight ahead19 hours ago - Donald Trump -
Financial Times - Business
Can Labour revitalise the UK’s creative industries?
The government believes that the sector should be central to its strategy for growth. But money is tight20 hours ago
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The Wall Street Journal - World
Hurricane Francine Makes Landfall in Louisiana
The storm is expected to bring heavy rain, flash floods and life-threatening storm surge to parts of Louisiana and Mississippi, according to the National Hurricane Center.18 minutes ago -
The Wall Street Journal - World
The Origins of Trump's False Claim That Immigrants Are Eating Pets
During his debate with Kamala Harris the former president repeated an internet falsehood that started with a Facebook post.22 minutes ago - Donald Trump -
The Wall Street Journal - World
Norfolk Southern Terminates CEO Alan Shaw, Citing Company Policy Violations
Shaw will be succeeded by Mark George, who since 2019 has served as the company’s financial chief.30 minutes ago -
The Wall Street Journal - World
Tyreek Hill Says Officer Who Detained Him Should Be Fired
The Miami Dolphins star acknowledged that he “could have been better” during his encounter with the police.37 minutes ago -
The Wall Street Journal - World
Steward Wins Court Approval to Hand Over Troubled Hospitals to Landlord
15 of Steward’s hospitals across five states will be transferred to landlord Medical Properties Trust and new managers under the chapter 11 settlement.39 minutes ago