In his latest budget for Fiscal Year 2024, President Biden has proposed a new tax on electricity use from cryptocurrency mining. If the budget becomes law, a 30% tax will be phased in over three years. The […]
The IEA expects oil markets to swing from a surplus in the first half of 2023 to a deficit in the latter part of 2023. China’s recovery is expected to drive global oil demand to […]
The UK’s Chancellor Jeremy Hunt has announced that nuclear will “subject to consultation, be classed as environmentally sustainable in our green taxonomy” – he also launched a competition, to be completed by the end of […]
Thousands of workers at hospitals, schools and railways across Sri Lanka have gone on strike to protest against high costs of living, including increased taxes imposed as a precondition for an International Monetary Fund (IMF) […]
High levels of uninsured deposits helped do in Silicon Valley Bank and Signature Bank. But it turns out they’re not alone. Ten banks owned by U.S.-listed financial companies — including Bank of New York Mellon […]
Dow Jones futures sold off early Wednesday, along with S&P 500 futures and Nasdaq futures, with Credit Suisse (CS) tumbling as its top shareholder ruled out investing more in the ailing Swiss bank. The stock […]
With CPI having slapped some macro-sense back into people’s minds after a week focused on SVB’s fallout, this morning’s PPI and Retail Sales data could further that trend – despite Credit Suisse grabbing everyone’s attention […]
Grocery store giant Kroger (KR) has signed up to use autonomous trucks from privately held Gatik to move products from its distribution center in Dallas to multiple retail locations in the region. Kroger joins Walmart […]
Iran-based researchers have developed a novel and cost-effective anode catalyst that can improve and stabilize the power generation performance of microbial fuel cells (MFCs) treating vegetable oil industry wastewater. In a paper published in the […]
An advocacy group that opposes environmental, social and governance (ESG) investing on Tuesday launched a mobile billboard campaign around Washington, D.C., ahead of President Biden’s expected veto of legislation targeting the investment practice. Consumers’ Research, a […]
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