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Pennsylvania Governor Josh Shapiro filed a complaint with a federal energy regulator against PJM Interconnection on Monday, arguing that the largest U.S. power grid operator must change its market rules or risk soaring electricity costs. PJM Interconnection, which runs the electrical grid covering more than 65 million Americans across parts of 13 states from Illinois to New Jersey, has faced increased public scrutiny since July, when it said its annual capacity auction would result in record-high payments to power plants in its system. "It is difficult to escape the conclusion that PJM's capacity market is currently failing," Shapiro, a Democrat, and the Commonwealth of Pennsylvania said in the complaint filed with the Federal Energy Regulatory Commission.

According to Fairlead Strategies founder Katie Stockton, the recent weakness in the stock market flashed a technical "sell" signal.

Stocks moved lower on Monday morning as the market slumped to end 2024.

Boeing stock dropped 2% in midday trade on Monday as investigators looked into the crash of a South Korean Boeing jet.

Spending exceeded expectations, sending tender rejections higher than they’ve been in years. The post Solid holiday spending growth supporting truckload market appeared first on FreightWaves.

The South Korean won also fell 12% against the US dollar this year in its worst year since 2008.

CMG has added nearly 40% in 2024

Here's what you need to know about U.S. stock markets on New Year's Eve this year.

The hedge-fund manager takes a frank look at Nvidia’s prospects for the new year.

Donald Trump takes office on January 20. Here are five ways he is expected to change Wall Street, from M&A to capital regulations to fintechs.