Worries over the debt ceiling have had the stock market on edge, yet the Saturday night deal to avoid a default may not trigger a big relief rally. That’s because aggressive Fed tightening and the […]
Worries over the debt ceiling have had the stock market on edge, yet the Saturday night deal to avoid a default may not trigger a big relief rally. That’s because aggressive Fed tightening and the […]
Inflation Reduction Act incentives are expected to help accelerate states’ clean energy transitions, but a new bottleneck is emerging that may blunt the federal law’s benefits over the next few years. A new report […]
Late last week, we were the first to correctly summarize what the bottom line of the so-called “debt ceiling deal” meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping […]
Over 2,000 stores across all retail sectors have closed in the past 12 months according to a recent report from UBS retail analyst Michael Lasser (available to pro subs in the usual place), and that […]
The capital of Canada’s eastern province of Nova Scotia has declared a state of emergency as an out-of-control wildfire raging near Halifax forced thousands of residents to evacuate and prompted the closure of schools. The […]
TotalEnergies, operator of OML130 in Nigeria, announced the renewal of the production license on this block for 20 years. Courtesy of TotalEnergies Located 150 kilometers off the Nigerian coast, the OML130 block contains the prolific […]
NewsRussia-Ukraine war The Ukrainian parliament has approved a sanctions package against Iran, a Russian ally it accuses of sending weapons to Moscow during its more than year-long invasion of Ukraine. The measures were approved on […]
The debt-ceiling deal between President Joe Biden and House Speaker Kevin McCarthy would suspend the United States’ debt limit through 2025 to avoid a federal default while limiting government spending, but its details are unlikely […]
Consider this fact: Three of every five barrels of crude oil produced in the U.S. are exported, either as crude oil or in the form of gasoline, diesel, jet fuel or other petroleum products. Sure, […]
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