The Fed can't do it all on the inflation front.
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The Fed can't do it all on the inflation front.
The cost of wireless phone service jumped 5.9% in August after T-Mobile and AT&T hiked rates on some plans.
The cost of wireless phone service jumped 5.9% in August after T-Mobile and AT&T hiked rates on some plans.
Utility bills grew faster than overall inflation over the summer, a Bank of America report found, as summer heat, modernization of the US power grid, and the data center build-out contribute to higher costs.

Rasheed Richmond has owned several Samsung foldable phones. The 48-year-old tech CEO in Los Angeles has tried to persuade people to try Samsung’s version. “So far, so same,” one of Samsung’s social-media accounts said.

Sept 17 (Reuters) - U.S. stock index futures surged on Thursday after the Federal Reserve raised interest rates, reaffirming its focus on taming inflation and removing a long-standing source of market

US stock futures advanced on Thursday as investors assessed the Federal Reserve’s latest interest-rate increase, the prospect of further monetary tightening and developments affecting global energy supplies. At 06:59 GMT, Dow Jones futures were up 366 points, or 0.

Federal funding and IBM investment will support quantum wafer manufacturing and early production at the Albany, New York facility.

U.S. futures were in the green and 10-year Treasury yields fell below 5% in early European trade, as the dollar weakened slightly but remained elevated.

By Munsif Vengattil NEW DELHI, Sept 17 (Reuters) - Applied Materials will invest $5 billion in India over the next decade to expand its presence in the country, the US semiconductor equipment maker
An expected Fed rate hike on Wednesday offered some relief to stock investors that the central bank was working to contain inflation.
An expected Fed rate hike on Wednesday offered some relief to stock investors that the central bank was working to contain inflation.

European stock markets opened in positive territory on Thursday morning, shrugging off Wall Street's decline after the Federal Reserve raised interest rates for the first time in more than three years and signalled that further hikes are likely.View on euronews

The Federal Reserve raised interest rates for the first time in three years, reversing cuts it made last year and implicitly countering the White House’s position that inflation isn’t a concern. Treasury yields moved higher after Fed Chairman Kevin Warsh began his post-decision press conference.

Sept 17 (Reuters) - European shares edged higher on Thursday, with risk sentiment getting a lift as crude oil prices continued to fall and a global bond selloff paused for breath after the U.S.

Micron and Nvidia have been highlighted in this Earnings Trends article.
Aeluma Inc (ALMU) targets the booming AI datacom market with proprietary photonics technology while navigating widening losses and heavy capital investments.

Leidos' ENTRUST deal expands its grid expertise as data centers strain power supply. Here's what the numbers say about the stock now.

A federal judge has reportedly ordered Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to overhaul its online advertising technology practices and appoint an internal antitrust compliance monitor, while declining to force a breakup of its ad tech business. How Ad Practices Must Change In a 106-page decision, U.S. District Judge Leonie Brinkema in Alexandria, Virginia, found that Google must relax rules governing its online ad auctions, according to Reuters. The judge rejected the Department

Asian shares were mixed on Thursday after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. Japan’s Nikkei 225 index was 0.2% higher at 64,067.53. The Hong Kong Hang Seng fell 0.7% to 24,533.46, while the Shanghai Composite index lost 0.4% to 3,877.46.

By Joan Faus, Christina Amann and Nick Carey BARCELONA/BERLIN/LONDON, Sept 17 (Reuters) - Volkswagen's historic revamp looks set to spell the end of its struggling Spanish marque Seat, potentially
Carnival faces mounting cost concerns as fuel prices climb, while retail sentiment stays neutral ahead of its Sept. 29 earnings report.

By Che Pan, Casey Hall and Eduardo Baptista SHANGHAI/BEIJING Sept 17 (Reuters) - Huawei Technologies will launch two new artificial-intelligence semiconductors in 2027, rotating chairman David Wang said on Thursday, as the Chinese tech giant builds up its AI computing business and seeks to challenge U. Huawei plans to launch the 960DT in the first quarter of 2027 and the Ascend 960PR in the third quarter, Wang said.
The Federal Reserve On Wednesday hiked benchmark interest rates by 25 bps to a target range of 3.75% to 4.00%, in line with market expectations.
The Federal Reserve on Wednesday hiked key interest rates to a target range of 3.75% to 4.00%, in line with market expectations.

Bank of America sees a much larger storage opportunity ahead as Everpure expands its foothold with hyperscale data-center customers.

By David Shepardson WASHINGTON, Sept 16 (Reuters) - Federal Communications Commission Chair Brendan Carr said Wednesday that a series of upcoming wireless spectrum auctions over the next couple of

