latest news in economy
Why Michigan Homes Faced Some of the Longest Blackouts in the Nation
Detroit, Sunday, 8 November 2026.
Federal data reveals Michigan homes averaged over eleven hours without power during 2025—ranking second-worst nationwide—highlighting severe electrical grid vulnerabilities and driving major regional utility upgrades.
Rising Inflation Warnings Challenge S&P 500 Profit Outlook Despite Record Growth
New York, Monday, 9 November 2026.
Despite 31.4% third-quarter earnings growth, S&P 500 inflation mentions surged to a multi-year peak of 820 in October 2026, forcing executives to overhaul pricing strategies amid relentless cost pressures.