News - XLU

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2024-11-21


The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting that job growth likely rebounded in November after abruptly slowing last month amid hurricanes and strikes. The report from the Labor Department on Thursday also showed unemployment rolls swelling to levels last seen in late 2021. Labor market slack keeps the door open for a third interest rate cut from the Federal Reserve next month, despite a recent lack of progress lowering inflation to its 2% target.

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2024-11-19


Cold weather payments are available to some people after seven days of below-zero temperatures.

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2024-11-04


Pennsylvania will be a hotly contested battleground state on Election Day, and consumers in the Keystone State continue to face inflation that's higher than the national average.

2024-10-21


The Dow Jones Industrial Average snapped a three-day winning streak.

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Utilities, historically a steady, stable group, may not be glamourous, but a new wave of enthusiasm is sweeping through the sector electrifying a handful of ETFs and stocks.

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2024-10-18


The AI conversation has been about energy all year. But a few recent developments have brought focus back to a very efficient but somewhat abandoned form of energy: nuclear.

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2024-10-11


Apollo chief economist Torsten Slok weighs in on a number of economic topics on ‘Barron’s Roundtable.’

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The unchanged reading in the producer price index for final demand last month followed an unrevised 0.2% gain in August, the Labor Department's Bureau of Labor Statistics said Friday.

2024-10-01


Piper Sandler managing director and senior economist Jake Oubina joins 'Making Money' to discuss the impact of Iran's missile attack against Israel on the U.S. economy.

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2024-09-19


The Fed didn’t want to be behind the curve again.

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2024-09-16


(Bloomberg) -- The stock market has recovered most of the losses suffered in its summer selloff. While the S&P 500 Index has bounced back before, this time is unique because it isn’t being led by Big Tech — instead it’s everyone else’s turn.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverA City Finds Success Using 'Trees as Medicine'The Hag

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2024-09-13


The utilities sector is neck and neck with tech as 2024’s best performing group.

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2024-09-11


The Consumer Price Index (CPI) increased 2.5% over the prior year in August, a deceleration from July's 2.9% annual gain in prices.

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XLU

2024-09-04


Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.

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