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HomeFinance

Finance

Fed
Finance

Fed Pivots to Wait-and-See, Keeps Rates at 4.25%-4.50%, Restarts Inflation Worries. QT Continues.

January 29, 2025 Stu Turley

And labor market conditions are no longer easing. The reasons for further rate cuts — dropping inflation, weakening labor market — vanished. Pretty hawkish. By Wolf Richter for WOLF STREET. The FOMC voted unanimously today to keep the […]

oil well drill ship created by Grok on X
Big Oil Companies

Big Oil Earnings Slump Puts Payouts to Investors Under Pressure

January 29, 2025 Clark Savage

Fourth-quarter profit to be lowest in more than three years Oil markets weigh uncertain outlook driven by Trump’s return The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with […]

AI

Trump’s Energy Vision

January 29, 2025 Andy Del Prado

Daily Standup Top Stories How a Chinese AI Startup Just Shook the Tech Market Amid Security Concerns January 28, 2025 Clark Savage January 27, 2025 – The tech landscape was rocked today as shares of several major […]

Houses
Finance

Glut of New Houses for Sale in the South Is Bigger Even than during the Housing Bust. The Glut in the West Gets Close

January 28, 2025 Mariel Alumit

By Wolf Richter for WOLF STREET. Yesterday, we looked at the surge of new completed “spec” houses for sale, and at the surge of new houses for sale at all stages of construction, for the US overall. Now […]

Russian LNG
Exports

Russian LNG exports hit new record – Kpler

January 28, 2025 Mariel Alumit

The EU purchased more than half of the volumes despite vows to eliminate dependence on the sanctioned country’s energy, data shows Russia exported a record 33.6 million tons of liquefied natural gas (LNG) last year, […]

Trump
AI

Trump threatens Taiwan’s chipmakers with sweeping tariffs

January 28, 2025 Mariel Alumit

  The White House also plans to impose tariffs on pharmaceuticals and steel in a bid to bring production back to the US US President Donald Trump has said he plans to impose tariffs as […]

Coal

Europe’s US Gas Deal

January 28, 2025 Andy Del Prado

Daily Standup Top Stories Trump Seizes Wartime Powers in Battle for More Fossil Fuels January 27, 2025 Clark Savage Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten […]

Golar
Finance

Golar sells Avenir LNG stake to Stolt-Nielsen

January 28, 2025 Mariel Alumit

Avenir is a joint venture of Stolt-Nielsen, Golar, and Hoegh Evi, previously known as Hoegh LNG. Gold said in a statement on Monday that it entered into a share purchase agreement to sell its shares […]

Diversified
Finance

Diversified Expands Asset Base, Density, and Commodity Mix with Acquisition of Liquids Rich Maverick Natural Resources

January 27, 2025 Mariel Alumit

Financial and Strategic Accretive Acquisition Provides Opportunity for 95% Increase in Revenue, Enhanced Margins, Expense Synergies, and 55% Increase in Free Cash Flow Unique & Differentiated Business Model Offers Reliable Production, Multi-Basin Commodity Diversification, and […]

Single-Family Houses
Finance

Inventory of New Completed Single-Family Houses for Sale Spikes to Highest since 2007. Builders Prop Up Sales with Lower Prices, Bigger Incentives, Smaller Houses

January 27, 2025 Stu Turley

Sales of new houses in 2024 were decent, while massive demand destruction crushed sales of existing houses because prices are way too high. By Wolf Richter for WOLF STREET. Bring on the supply of new houses: Unsold inventory […]

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