Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Investors brace for a State of the Union speech that may fuel anxiety February 24, 20267:53 PM UTCUpdated ago By Suzanne McGee and Laura Matthews PROVIDENCE, Rhode Island/NEW YORK, Feb 24 (Reuters) - The State of the Union speech from President Donald Trump on Tuesday evening comes at a pivotal point for investors, sideswiped by market turbulence in recent months and craving stability. Days af ...

Economic Concerns - President Trump is facing declining approval ratings regarding the economy, with 57% of voters disapproving of his handling of economic issues [6][7] - High prices for everyday goods are a significant concern for voters, impacting Trump's second term [4][6] - A CNN/SSRS poll indicates that 57% of respondents want Trump to focus on the economy during his State of the Union address, while only 13% prioritize immigration [5] Political Context - The upcoming midterm elections pose a threat to Trump's control in Washington, with Democrats currently holding a 4.8-point lead in the generic congressional ballot [3][6] - Trump's economic policies, including tax cuts and efforts to lower prescription drug prices, are central to his address [7][8] Responses from Democrats - Democratic Governor Abigail Spanberger will deliver the official rebuttal, focusing on affordability and the administration's immigration policies [9][10] - Some Democrats plan to boycott Trump's speech in favor of an alternative event, criticizing his administration's actions as corrupt [12][13]

Drive 350 miles from the nation's capital to McDow County, West Virginia, where affordability is the difference between buying groceries and heating a home. Clean drinking water is hard to come by here. A turn of the tap can look like this.>> This shouldn't be the case anywhere in the world, let alone in the wealthiest nation in the world. ...

channel president trump was hosting many of the nation's governors at the white house yesterday when the u .s. supreme court dealt a major blow to his agenda, ruling Trump cannot use the International Emergency Economic Powers Act as a blank check to impose sweeping global tariffs. According to a White House official in the room, when President Trump received the news, he told the GOVERNORS, THE RULING WAS DISGRACEFUL.BUT WHEN THE PRESIDENT LASHES OUT, DEMOCRATIC GOVERNORS ARE DOING VICTORY LAPSE. IN A LETT ...

Financial Data and Key Metrics Changes - The company achieved ongoing earnings of $1.81 per share, reflecting a 7.1% growth from the previous year and aligning with the midpoint of the forecast [4][5] - GAAP earnings for 2025 were reported at $1.59 per share, compared to $1.20 per share in 2024, indicating significant year-over-year improvement [30] Business Line Data and Key Metrics Changes - Kentucky results increased by $0.09 per share, driven by higher sales volumes and additional capital expenditures [31] - Pennsylvania results increased by $0.04 per share, led by higher transmission revenue and distribution rider recovery [31] - Rhode Island results decreased by $0.02 per share due to higher operating costs, but higher distribution revenue partially offset this decline [31] Market Data and Key Metrics Changes - The company reported a significant increase in data center interconnection requests, totaling approximately 25.2 gigawatts, a 23% increase since the last quarterly update [18] - In Kentucky, the economic development pipeline reflects over 9 gigawatts of potential new load, with data centers exceeding 8 gigawatts [19] Company Strategy and Development Direction - The updated business plan extends the company's growth outlook while maintaining a focus on customer affordability and a strong credit profile [7] - The capital investment plan is projected at $23 billion from 2026 to 2029, an increase from the previous $20 billion plan, emphasizing investments in transmission and distribution networks [9][38] - The company aims for a 10.3% rate-based compound annual growth rate (CAGR) from 2025 to 2029, supported by critical investments [21][39] Management's Comments on Operating Environment and Future Outlook - Management highlighted the need for new, reliable generation resources to meet growing demand, particularly from data centers [44][45] - The company remains committed to minimizing bill increases for customers while ensuring financial strength and supporting economic growth [46] Other Important Information - The company modified its annual dividend growth rate target to 4%-6% while issuing equity to fund its capital plan [11] - The recent Kentucky rate case approved an aggregate increase of approximately $233 million in annual electric and gas revenues [12] Q&A Session Summary Question: Update on Pennsylvania rate case - Management indicated that discussions are ongoing, with a focus on data center load impacts and net metering rules [50][51] - The process is advancing as expected, with a final order anticipated in June [52] Question: Joint venture and bidding into auctions - Management stated that they would not wait for an earnings call to announce significant developments related to the joint venture [62] - The joint venture is evaluating participation in special auctions for new generation but will not modify the company's risk profile significantly [64] Question: Data center backlog and generation sources - Management noted that hyperscalers are focused on speed to connect to the grid and are not overly concerned about the source of generation [72] - There is a strong commitment from customers to stay in the region despite generation concerns [78] Question: Potential investment opportunities and EPS growth - Management refrained from quantifying the potential size of investment opportunities but expressed confidence in the growth plan [82]

分组1 - CBS faced allegations of censorship regarding an interview with Texas Senate candidate James Telerico, which the network clarified was not prohibited [1][5] - The FCC chairman stated that the situation relates to the equal time rule for candidates, not censorship by the Trump administration [1][2] - Congresswoman Jasmine Crockett, another Senate candidate, did not blame the Trump administration for the incident and mentioned that her team was not asked for an interview [2][3] 分组2 - President Trump highlighted his economic agenda, claiming commitments of over $18 trillion and 53 all-time record highs in the stock market since his election [9][10] - The wireless industry has invested an average of $30 billion annually since Trump's first term, making it the second-largest source of private investment in the U.S. [12][13] - Wireless prices have decreased by 6% since Trump took office, with smartphone prices down 17% and data speeds up 50% compared to inauguration day [14][15]

Joining us now, it is Fox News superstar contributor and former Utah Congressman Jason Chaffitz along with another Jason, former Trump campaign and transition team senior adviser. It is Jason Miller. Uh so gentlemen, you just heard the president on that allimportant stump.Is he selling his version of affordability to Georgia voters. And does it matter. Jason Chaffitz >> got a story that's real, that's true, that's backed with facts, and and people can start to feel it in their pocketbook, especially at the ...

Plus, I'm pretty sure you know what time it money power politics We mentioned earlier that the president visited the state of Georgia earlier today, where among his many topics he touted the economy and affordability, two issues that Americans cannot stop talking about. Why. Because they're the biggest issues that plague our daily lives.But the president certainly has. He's a veteran financial journalist, publisher of The Message of the Markets on Substack and a dear, dear friend of mine. And Justin Wolfers ...

♪ THIS IS BALANCE OF POWER, LIVE FROM WASHINGTON. WELCOME. TONIGHT, WAR AND PEACE.PRESIDENT TRUMP THREATENING BAD THINGS THAT IRAN REFUSES A DEAL AS A SECOND AIRCRAFT CARRIER GOES TO THE REGION. JOE: PRESIDENT TRUMP THREATENS -- PICKETS BACK HOME TO THE AFFORDABILITY. MORE ON HIS ECONOMIC MESSAGE AND HOW THE DEMOCRATS ARE PUSHING BACK.KAILEY: AND TENSION OVER TARIFFS SPILLING INTO PUBLIC VIEW. THE BACK-AND-FORTH COMES AHEAD OF A HIGHLY ANTICIPATED RULING BY THE SUPREME COURT. WHAT TO EXPECT AND WEIGH IN.KAI ...

🇺🇸 TODAY: President Trump says he's "turned around" the affordability crisis, stating "everything is down" after inheriting "high prices and high inflation." https://t.co/hwrifVcC5N ...