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NYSE:ED News 5 December 2025

Con Edison Rate Hikes 2025: How Public Outcry and Zohran Mamdani Are Reshaping New York’s Utility Bills

Con Edison Rate Hikes 2025: How Public Outcry and Zohran Mamdani Are Reshaping New York’s Utility Bills

NEW YORK – As of Friday, Dec. 5, 2025, the fight over Con Edison’s latest electric and gas rate hikes has turned into a full‑blown political drama, stretching from Westchester town halls to the Oval Office and City Hall in New York City. Westchester County Democrats are now looking to New York City mayor‑elect Zohran Mamdani as a key ally in their campaign to blunt the impact of the utility’s newly approved three‑year rate plan, which will raise bills for millions of customers starting in 2026. lohud.com+1 Their push comes after months of record public opposition, a revised settlement that
5 December 2025

Stock Market Today

Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

7 February 2026
China’s central bank raised gold reserves for a 15th month in January, reaching 74.19 million ounces worth $369.58 billion. Gold prices swung sharply, hitting a record near $5,600 before dropping to $4,403.24. CME Group hiked COMEX gold futures margins to 9% after recent volatility. U.S. jobs and inflation data are due next week after a delay.
Amazon stock (AMZN) slides on $200 billion AI capex plan — what Wall Street watches next week

Amazon stock (AMZN) slides on $200 billion AI capex plan — what Wall Street watches next week

7 February 2026
Amazon shares fell 5.6% to $210.32 on Friday after the company forecast 2026 capital spending would jump to $200 billion, up more than 50% from 2025. The drop came as the Dow closed above 50,000 for the first time. Amazon reported fourth-quarter net sales up 14% to $213.4 billion and operating income at $25 billion. Trading in Amazon was volatile, with 179 million shares changing hands.
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