Constellation Energy Corporation (NASDAQ:CEG) shares are trading higher on Thursday after the company disclosed that it secured over $1 billion in contracts from the U.S. General Services Administration (GSA). These contracts involve supplying power to more than 13 federal agencies and implementing energy savings and conservation initiatives at five GSA-owned facilities in the National Capital Region. In particular, Constellation has secured a 10-year contract valued at $840 million, marking the
US Oil Bosses See Spending Up Despite Lower Prices, Survey Shows
(Bloomberg) -- Executives at US shale companies plan to increase spending this year despite giving a lower view on oil prices in the latest energy survey from the Federal Reserve Bank of Dallas.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or Bu
Top Stock Movers Now: Uber, Unity Software, Tesla, and More
U.S. equities edged higher on the first trading day of the new year as optimism about corporate growth in the future was dampened somewhat by concerns about the tech sector.
US weekly jobless claims hit eight-month low as labor market remains resilient
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits dropped to an eight-month low last week, pointing to low layoffs at the end of 2024 and consistent with a healthy labor market. The report from the Labor Department on Thursday added to a recent raft of upbeat economic data, including consumer spending, in reinforcing the Federal Reserve's projections for fewer interest rate cuts this year. Labor market resilience is keeping the economic expansion on track.
US Mortgage Rates Approach 7% in Ominous Sign for Housing Market
(Bloomberg) -- US mortgage rates climbed closer to 7%, threatening to squeeze buyers trying to crack into the housing market.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe average on a 30-year mortgage rose to 6.91% as of Jan. 2, up fro
Noodles & Company warned of Nasdaq delisting
The company’s stock price fell below $1 shortly after it shared disappointing third-quarter earnings, and has yet to recover.
What Analysts Think of Nvidia Stock Ahead of CEO Jensen Huang's CES Keynote
Nvidia CEO Jensen Huang will deliver the opening keynote at the CES on Monday, with many analysts viewing the event as a potential growth catalyst for the chipmaking giant.