The CEO of JP Morgan, Jamie Dimon, said that banks refusing to fund new oil and gas projects would be “the road to hell for America”. An unnamed senior executive at a U.S. bank is […]
The global nuclear industry faces many challenges, from the technical, including waste management and fuel availability, to the political, including regulation and social acceptance, but finding sufficient workers may be its largest obstacle of all. […]
Stocks fell during volatile trading Wednesday, after the Federal Reserve delivered an unprecedented third consecutive 75 basis point rate hike in its continuing battle against inflation in the US economy. The fed funds rate now […]
As Russian President Vladimir Putin moved to call up reserve forces and escalate the conflict in Ukraine and US interest rates were hiked upward by the Fed, gold rose due to investors moving to safe-haven […]
According to a new report by Bloomberg, Mark Zuckerbeg has lost $71 billion so far this year. Bloomberg noted it was the biggest decline noted among the world’s wealthiest individuals that are tracked by the […]
As the EU witnesses record inflation sweep through every sector, staple foods are among the hardest hit, with Bread prices reaching record highs. Year over year, the price of bread in the EU bloc has […]
When the facts change, I change my mind. What do you do? – JM Keynes Barry Brill, Climate Policy is in crisis. This month, the G20 Climate Conference in Bali collapsed in confusion – […]
WALTHAM, Mass. — Massachusetts electricity customers could be facing a steep increase in their winter bills, National Grid warned on Wednesday. Citing the high price of natural gas used in generating the power, the utility […]
September 22, 2022 Data source: U.S. Energy Information Administration, International Energy Statistics China has steadily increased its electricity generation over the past 20 years, reaching 7,600 terawatthours (TWh) in 2020 from 1,280 […]
Following its latest policy meeting the Federal Reserve announced its third consecutive 75 basis point interest rate hike, as it continues to battle with a stubbornly persistent inflation. The third 75 basis point hike was […]
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