Fed cuts rates 25bps and halts balance sheet drawdown, triggering Bitcoin drop to $110K and $795M in crypto liquidations.

For the first time in modern history, the Fed cut rates without jobs data, acting amid a government shutdown, rising unemployment, and open pressure from the president, who wants Powell gone.

Fed Chair Jerome Powell threw cold water on investor hopes for another interest rate cut in December, stressing that the Federal Open Market Committee remains deeply divided and that the road ahead is clouded by data gaps and conflicting risks between the central bank’s objectives.

Dominion Energy is proposing a rate increase for residential customers that will add on an additional $10.51 a month starting in 2027. The State Corporation Commission, which held its first hearing about the possible rate increase on Tuesday, will consider ...

A once-obscure data-sharing deal between ADP and the Fed helped shape monetary policy for years—until it abruptly vanished.

A surge in electricity demand from energy-hungry data centers is deepening New York’s power grid strain and pushing higher costs onto residential ratepayers, according to a new report from the Climate and Community Institute and Public Grids titled Overcharged: The Rules of the Electricity Affordability Crisis.