The latest quarter-point cut will reduce the Fed’s benchmark short-term interest rate to a range between 3.75% and 4%, the lowest setting in three years and down from a peak of around 5.4% that the ...

Duke Energy is investing billions to upgrade its power grid, in part responding to unprecedented demand expected from a surge in new data centers. The Charlotte utility giant is adamant, however, that ...

The US Federal Reserve started its eighth and final meeting of the year on Dec. 9, amid a sharp split among policymakers over the next step in monetary policy, following back-to-back rate cuts in ...

The Federal Reserve meets next week to decide whether to again cut interest rates, and it's working with limited economic data due to the government shutdown. Sandra Swirski, founder and CEO of ...

Planned data center construction shows no signs of fading, with new additions to require 2.7x — nearly triple — the sector’s current demand for electricity over the next decade, according to a new ...

When the White House confirmed that October’s employment and inflation data “are likely never” to be released due to the recent government shutdown, the announcement landed with almost bureaucratic ...

An industry report indicates that data centers are contributing to blackout risks this winter. NERC reports that Texas, the Southeast, and the Mid-Atlantic face the sharpest rise in power demand.

Rising electricity demand from data centers is raising the risk of blackouts across a wide swath of the US during extreme conditions this winter, according to the regulatory body overseeing grid ...

Investors are split on whether the Federal Reserve will cut interest rates again at its next meeting in less than a month, amid uncertainty following the loss of economic data during the government ...

Nike Carstarphen’s electricity bill is rising, even when she’s using less power. The Baltimore resident’s electricity rate jumped 20% from August to September, even though she had cut her usage 40%, ...