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Pacific Gas & Electric Co. could receive up to $15 billion in federal loans to help the utility modernize its power grid and expand clean energy infrastructure across central and northern California, officials announced Tuesday. The U.S. Department of Energy announced a conditional commitment for one of the largest loan guarantees ever under its Energy Infrastructure Reinvestment program. The funds would support a portfolio of projects to expand hydropower generation and battery storage, upgrade transmission capacity, and enable virtual power plants throughout PG&E’s service area, the energy department said.

The Fed chair labels Bitcoin as digital gold while Ray Dalio suggests investing in Bitcoin to stay away from the evil effect of a looming debt crisis.

The performance gap between the cap-weighted S&P 500 — tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — and its equal-weighted sibling, the Invesco S&P 500 Equal Weight ETF (NYSE:RSP), has blown out to over 4 percentage points in December. This marks the widest monthly gap since May 2023, reflecting how a narrow group of stocks is shouldering the market's returns in the last month of the year. As of Dec. 17, only 90 out of 500 stocks in the S&P 500 are in positive territory month-to-date, a sh

The Dow Jones Industrial Average fell almost 250 points on Tuesday in what could be its longest losing streak since the 1970s.

The grocer, however, will close an underperforming store

The way options are currently priced indicates a more measured bullish sentiment compared to what we've witnessed recently.

Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — here’s how it works.