A whopping $7.6 trillion in interest-bearing US public debt will mature within a year, Apollo’s chief economist said. That represents 31% of all outstanding US government debt, adding upward pressure on rates. That’s still below […]
The Securities and Exchange Commission has finalized rules that will overhaul how the $27 trillion private fund industry—including private equity, hedge funds and venture capital funds—deals with investors. Last week six trade groups sued the […]
State officials announced yesterday that the devastating wildfire that ravaged over 33,000 acres in Louisiana — the largest in the state’s history — was caused by arson. Louisiana has been facing an unprecedented wildfire crisis, […]
Sept. 1 (UPI) — U.S. President Joe Biden has reversed a Trump-era amendment to hazardous materials regulations that allowed liquified natural gas to be transported by rail. The Pipeline and Hazardous Materials Safety Administration and Federal Railroad Administration […]
Green Century’s Leslie Samuelrich isn’t sure there are satisfactory reasons to include nuclear in ESG funds Even though I knew for months that an ESG firm was thinking about removing its exclusion on nuclear power producers, I […]
The Treasury’s deluge of T-bills could force the Federal Reserve to halt quantitative tightening. That’s as the debt binge may pressure bank reserves, economists at the St. Louis Fed wrote. The Treasury has issued $1 […]
Diesel futures surged to a seven-month high in New York after Marathon Petroleum Corp. said it was shutting the third largest US oil refinery following a blaze at a storage tank. The fire at the Garyville refinery in south […]
You know there are things in life that are to be expected. Hard-working people enjoy working, and oil executives are happiest when they are in the field. We had an opportunity to visit with Rey […]
Authored by Ven Ram, Bloomberg cross-asset strategist, Interest-rate traders reckon that the Federal Reserve won’t have to raise rates again in this cycle. They may be wrong. Here are some reasons why. The short-term real […]
Sorry economic miracle that is “Bidenomics” but the people just don’t buy it. According to the latest NFIB survey released on Monday, more than half of US small business owners believe the economy is already […]
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