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US retail sales unexpectedly rise, lowering odds for big rate cut

U.S. retail sales unexpectedly rose last month, a surprisingly strong result that likely reduces the likelihood of a big interest rate cut from the Federal Reserve this week. Retail purchases rose 0.1% in August, Commerce Department data released Tuesday showed, beating economists' expectations of a 0.2% decline as cash-strapped consumers showed resilience despite a shaky […]

Shedeur Sanders Refused to Shake Opposing QB’s Hand After Big Win

Whoever coined the phrase “no grudges” must have never been to Colorado State or Colorado State University. Colorado Buffaloes quarterback Shedul Sanders refused to shake hands with Colorado State Rams quarterback Brayden Fowler-Nicolosi after the game, despite winning against Colorado State for the second straight year. Colorado defeated Colorado State, 28-9. Sanders appeared to be […]

Big tech firms balk at Ohio electric utility demand to pay for grid upgrades

Google, Amazon, Microsoft and Meta have banded together to fight Ohio's power company, which is demanding it pay for power grid upgrades needed to support big tech companies' plans to install energy-hungry data centers to power artificial intelligence technology. American Electric Power Ohio, which supplies electricity to Columbus and other cities as well as rural […]

Shiba Inu to Burn Big? Plan to Slash SHIB Supply Teased by Shiba Inu Executive – U.Today

Cover image courtesy of: Freepic Disclaimer: Opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please consult a financial professional and conduct your own […]

Big Oil, clean energy chart future of geothermal energy

HOUSTON — America's new clean-energy future could be built on an unlikely foundation: the technology and experience of big oil companies. At least, that's the hope of representatives of big oil companies, tech startups, scientists and climate groups meeting in Houston this week to launch a series of $10 million summits. Their goal: to use […]

Stock Rotation Is Back on Bets Fed Will ‘Go Big’: Markets Wrap – Yahoo Finance

(Bloomberg) — Wall Street traders revived expectations of a half-point interest rate cut by the Federal Reserve next week, prompting a shift in funds into stocks that would benefit most from easier policy. Most read articles on Bloomberg Economically sensitive stocks outperformed the big tech companies that have driven the bull market rally, with the […]