Economic Indicators

California utility seeks higher rates for wildfire safety

California utility Pacific Gas & Electric Corp. is asking state regulators for another increase in rates and profits, saying it's needed for wildfire safety and to attract investment as the utility goes through bankruptcy.

How the major US stock indexes fared Monday

Major U.S. stock indexes closed mostly lower Monday, as losses in banks and other sectors offset solid gains in energy companies following a surge in crude oil prices.

Business Highlights

___ Medicare, Social Security face shaky fiscal futures WASHINGTON (AP) — A new report by the government's overseers of Medicare and Social Security urges lawmakers to "take action sooner rather than later" to address shortfalls in the financial condition of the government's bedrock retirement programs for middle- and working-class Americans.