Nov 6 (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday’s presidential elections is unlikely […]
By Wolf Richter for WOLF STREET. Longer-term Treasury yields spiked this morning, on top of the surge since the September rate cut. Spiking yields means plunging prices, and it has been a bloodbath for bondholders. The 10-year Treasury […]
By Wolf Richter for WOLF STREET. The housing market in Texas just hit another multi-year record of sorts: Active listings reached a new high in October in the data of Realtor.com going back to 2016. New listings are […]
Daily Standup Top Stories Trudeau to Order Oil, Gas Producers to Cut Emissions by 35% November 4, 2024 Clark Savage Industry limit to be implemented through cap-and-trade system Canada to start collecting data in 2026, enforcement […]
Washington has turned its currency into a weapon of suppression and punishment, the Russian foreign minister has said The US and its allies are waging a hybrid war against Russia, but their aggressive sanctions are […]
Contributions rose by 5.6%, but benefit payments rose by 8.5%. The Trust Fund paid for the deficit, so its balance declined further, to $2.6 trillion. By Wolf Richter for WOLF STREET. Total income of the Social Security Trust […]
COP29, also known as the ‘finance COP,’ will focus on mobilizing private sector finance to support climate action in developing countries. Key priorities for COP29 include formalizing the New Collective Quantified Goal on Climate Finance […]
Dealing a stunning financial blow to a controversial renewable energy project off the New England Coast, the U.S. Department of Transportation (DOT) Oct. 21 rejected a grant application for $456 million to build offshore wind […]
South Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and steps up pressure on trade partners, according to people familiar with the matter. Officials in […]
Exxon Mobil has reported earnings of $8.61bn in the third quarter (Q3) of 2024, a decline of 4.4% from the $9.01bn reported in the same period of 2023. Total revenues and other income for the quarter […]
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