Fed Begins Inflation Fight With Key Rate Hike, More To Come

The notice affects more than 167,000 pounds of meat sold by Detroit-based company Wolverine Packing Co., after at least 15 people fell sick. More than 160,000 pounds of ground beef recalled by Detroit-based company Wolverine Packing Co. could contain E. coli contamination, the Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced.

Several U. S. utilities said they are keeping on fossil-fired power plants longer and building new facilities as data-center demand grows. A spike in electricity demand from the world’s big data providers is raising a worrying possibility for the world’s climate: a near-term surge in fossil-fuel use.

In an op-ed this week, Musk and Vivek Ramaswamy suggested that requiring federal workers to return to the office would ‘result in a wave of voluntary terminations that we welcome.’ Writing in the Wall Street Journal this week, Elon Musk and Vivek Ramaswamy—who were recently tapped to lead the newly minted Department of Government Efficiency—touched on a topic that continues to be a source of friction in workplaces across corporate America.

Customers are reporting that grocery staples like milk and chicken are out of stock in stores across the Northeast. Here’s what to know. Stop & Shop and Hannaford grocery customers in the Northeast who were hoping to stock up before Thanksgiving are finding empty shelves due to a “cybersecurity issue” affecting parent company Ahold Delhaize.

To meet growing export demand, several of the biggest U. S. gas producers said in their third-quarter earnings that they expect to boost output in the fourth quarter and throughout 2025. U. S. natural gas producers will boost output in 2025 following a series of production cuts this year, as rising demand from liquefied natural gas export plants is expected to increase prices that had fallen to multi-decade lows.

Gensler has been widely criticized by the crypto world due to his agency’s attempts to regulate the digital currency. Crypto enthusiasts are ecstatic after U. S. Securities and Exchange Commission (SEC) Chair Gary Gensler said he will step down from his post on January 20 once President-elect Donald Trump takes office.