Business

(Bloomberg) -- Wall Street traders looked past hot inflation data, with stocks up and bond yields down amid signals the Federal Reserve’s favored price gauge will be softer than expected.…

Institutional investors — the so-called smart money — appear to be nibbling on the beat up stock price of Nvidia (NVDA). Retail purchases of the AI market darling have plunged…

By Ann Saphir (Reuters) -The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept alive worries over elevated inflation and…

WASHINGTON (Reuters) - U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be…

By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would…

(Reuters) - U.S. utility American Electric Power posted a rise in fourth-quarter profit on Thursday, as data centers boosted demand for power from commercial customers. As Big Tech pours in…

(Reuters) - American Electric Power on Thursday said it was considering adding $10 billion to its record $54 billion five-year capital plan as demand for data centers ramps up in…

By Laila Kearney (Reuters) -U.S. electric utilities are adding tens of billions of dollars to spending plans to build new power supplies and bolster the grid as data centers for…

Most of the Consumer Financial Protection Bureau is in a state of frozen animation this week after Trump administration officials ordered a halt to its work. But one of the…

CFOTO / Future Publishing via Getty Images Apple's Apple store in Shanghai, China. Alibaba Group Chairman Joe Tsai reportedly said that the Chinese tech giant is partnering with Apple to…