A silly feature introduced with iOS 16.1 called “Clean Energy Charging” has upset some iPhone users as their devices will only charge when lower carbon-emission electricity on the grid is available. Some iPhone users reported […]
Former Treasury Secretary under Bill Clinton, Larry Summers, joins Bloomberg to answer questions on persistent inflation indicators despite Federal Reserve tightening measures and rising interest rates. Summers, with some carefully chosen words, essentially admits what […]
By Peter Tchir of Academy Securities Surprise, Surprise There is one chart I keep turning to, the Citi Economic Surprise Index. The surprise index started rolling over in the middle of December. For a month, […]
US consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to financial market fears that the Federal Reserve could continue raising interest […]
It has become impossible to be an economist or data-watcher (and thus strategist, investor, pundit or analyst) in the US: the reason is that seasonal adjustments have made virtually every data set a load of […]
U.S. natural gas futures rose more than 5% on Thursday on a technical rebound and forecasts for slightly colder weather over the next two weeks. Front-month gas futures for March delivery on the New York […]
LONDON, Feb 22 (Reuters) – U.S. gas prices have slumped close to their lowest level on record, after adjusting for inflation, as traders respond to signs of a persistent production surplus in the domestic […]
The Dow Jones Industrial Average reversed lower Wednesday morning with minutes from the Federal Reserve’s latest policy meeting due later in the day. Chinese internet giant Baidu (BIDU) briefly surged before turning lower, while cybersecurity […]
Europe’s thirst for U.S. crude oil is expected to remain elevated, VP of Midstream for Chevron Corp said today on the sidelines of the Argus Americas Crude summit. “A key change in flow is U.S. […]
U.S. crude oil exports that have been boosted by a trade flow reshuffle in the aftermath of Russia’s invasion of Ukraine will remain elevated this year as Europe and Asia search for supplies, company officials […]
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