Ford cuts truck prices after grotesque increases in prior years. Toyota axes the base Camry; new base Camry is a more expensive hybrid. By Wolf Richter for WOLF STREET. It’s this time of the year again: Ford is […]
ADNOC Gas plc and its subsidiaries today announced strong earnings for the third quarter of 2024, with net income increasing 11% year-on-year (YoY) to $1.24 billion, beating Bloomberg consensus for the quarter. The announcement of the company’s […]
But this stuff takes years. Until then, the massive spending from corporate balance sheets and cash flows that circulates & circulates is very stimulative of the economy. By Wolf Richter for WOLF STREET. The amount of money that […]
Sky-high prices, today’s mortgage rates, property taxes on those sky-high prices, and spiking homeowners’ insurance costs create a peculiar situation that more and more people are taking advantage of. By Wolf Richter for WOLF STREET. The share of […]
The incoming U.S. president will be more extreme and less restrained. Prefer to listen? To hear this entire conversation, and more episodes in the weeks ahead, follow Ones and Tooze wherever you get your podcasts. […]
By Wolf Richter for WOLF STREET. Another milestone in the Fed’s QT program: Total assets on the Fed’s balance sheet dropped to $6.99 trillion, according to the Fed’s weekly balance sheet today. The balance sheet first reached this […]
“The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance.” By Wolf Richter for WOLF STREET. FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis […]
In the first six months of the fiscal year ending March 31, 2025, NYK’s consolidated revenues rose 12.7 percent year.on-year to 1,316.8 billion yen ($8.54 billion), while operating profit increased 17 percent to 148.4 billion […]
In the Energy News Beat – Conversation in Energy with Stu Turley interviews Riley Trettel, VP of Data Center Development at Hut 8, about the growing energy demands driven by AI and Bitcoin mining, and […]
Daily Standup Top Stories Trump return will slow, not stop, US clean energy boom November 6, 2024 Clark Savage Nov 6 (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil […]
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