Keep pulling the thread on Higher Inflation.
GameStop's board of directors authorized a $2 billion stock buyback program.
Xcel Energy's Pine Island data center project with Google is for a 750-megawatt facility where Google will pay for all its infrastructure costs.
Xcel Energy projects its data center deal with Google will save its other customers $1 to $1.5 billion over a 15-year period, translating to 1-2% lower transmission costs.
Xcel Energy has raised its 5-year capital plan by 33% to $60 billion.
Xcel Energy is committed to closing its coal plants by 2030.
Xcel Energy will build the largest long-duration energy storage project in Minnesota with Form Energy as part of its deal with Google.
The Strait of Hormuz has been effectively closed for four months, impacting global oil supply.
US refiners are producing more than 2 million barrels of jet fuel per day, a level sustained for seven consecutive weeks, which had never previously occurred for more than one week.
The latest Federal Reserve Beige Book indicates that prices are now increasing at a 'moderate to strong' pace across all districts, an acceleration from the 'moderate' pace reported in April.
Bank of America's consumer spending data shows aggregate spending is growing at 5% year-to-date, with entertainment spending up 13% year-over-year in May.
In 2025, Bank of America internally redeployed 14,000 employees to new roles through skills training.
The S&P 500 snapped a nine-day winning streak.