Daily Standup Top Stories In protest against LNG export permits, Climate Defiance blocks unused entrance to DOE garage December 16, 2024 Clark Savage The group didn’t provide any information on why they were blocking an unused […]
Employment at nonbank mortgage lenders collapsed by 37% this time around, to the lowest level since 1997.
Tullow US oil and gas player Kosmos Energy has confirmed that it is in preliminary discussions to take over the UK-based independent exploration firm Tullow Oil. Both companies issued statements which confirmed the discussions after […]
By Metro: Toronto, Vancouver, Hamilton, Calgary, Ottawa, Montreal, Quebec City, Halifax, Victoria, Edmonton, Winnipeg. By Wolf Richter for WOLF STREET. Home sales in Canada rose by 2.8% seasonally adjusted in November from October, the fourth month in a […]
Daily Standup Top Stories Postal Service’s plan to electrify mail trucks falling far short of its goal December 14, 2024 Clark Savage The United States Postal Service unveiled a plan to buy a fleet of all-electric […]
Fed cut by 75 basis points since September while 10-year Treasury yield rose by 75 basis points to 4.40%, as Bond Market frets about Inflation & Supply. By Wolf Richter for WOLF STREET. The 10-year Treasury yield jumped […]
The United States Postal Service unveiled a plan to buy a fleet of all-electric mail trucks for its mail carriers back in 2022, of which 3,000 were supposed to be delivered by now. Unfortunately, those […]
GDP is forecast to decline by 0.2% this year, a sharp downgrade from Bundesbank’s previously projected 0.3% expansion Germany’s central bank has slashed growth outlook for the EU’s largest economy, projecting that it will contract […]
By Wolf Richter for WOLF STREET. Balances in money market funds held by households at the end of Q3 jumped by $167 billion from the prior quarter to $4.11 trillion, according to the Fed’s quarterly Z1 Financial Accounts […]
If the economic bloc manages the balance of opportunities and challenges presented by the new member correctly, it could become a powerful asset It has been almost a year since Egypt officially joined BRICS, becoming […]
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