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 […]
Last month, NFE announced a series of financing transactions that upon closing are intended to increase the company’s liquidity and financial flexibility. “In furtherance of these goals, the company has begun work to identify strategic […]
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 […]
Commissioner-designate for International Partnerships Jozef Síkela denounced Chinese and Russian “neocolonialism” and reiterated his commitment to a “whole-of-route approach” to combating irregular migration during his hearing at the European Parliament on Wednesday (6 November). In […]
However, the renewable output from intermittent assets (like wind and solar) is less reliable and flexible than the power that thermal generators provide as standard. There’s no storage technology currently available that’s capable of supporting […]
Like the US president-elect, Slovak Prime Minister Robert Fico has survived an assassination attempt Donald Trump’s triumph in the US presidential election is a defeat for “liberal” ideology and shows that legacy media can’t be […]
Ukrainian leader Vladimir Zelensky has extended the period of martial law and mobilization until February 2025, according to a government report published on Wednesday. This is the 13th time since the start of the conflict […]
The leaders of the centre-right, socialist and liberal groups have clarified the powers of a new European Parliament committee on Public Health (SANT), currently a subcommittee of the Parliament’s Environment Committee (ENVI), following on-and-off […]
All three major indices hit record highs, with the Dow soaring more than 1,430 points on Wednesday The US stock market and other financial assets surged on Wednesday after media outlets started declaring victory […]
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