"Tariff increases were still expected to raise inflation this year and to provide some further upward pressure on inflation in 2026," according to the Fed's minutes. "Inflation was projected to ...
The SPDR Select Sector Utilities exchange-traded fund is now up by almost 20% for the year to date. Utility stocks' allure is comparable to that of gold, with the defensive sector serving as a safe ...
Communications-services companies ticked down amid ongoing trepidation about competitive shifts in the cellphone industry. The appointment of a new chief executive at Verizon likely foreshadows a ...
Japanese tech investment firm SoftBank Group struck a $5.4 billion deal for Swiss manufacturer ABB's industrial-robot unit, a bid to combine the potential of AI with robots.