Nersa has approved a 12.7% tariff hike for Eskom in 2025/26, significantly lower than the utility’s initial request but still a blow to consumers.

A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...

Inflation remains a concern for the Federal Reserve and provides the chief reason why the Federal Open Market Committee ...

WASHINGTON – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's ...

But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what ...

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...

WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...

The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.

Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the ...

The latest U.S. Federal Reserve meeting saw interest rates remain on hold as it seeks to make more progress on lowering ...