Biden admin is racing to spend big bucks on green heavy-duty vehicles, including electric school buses, before Trump returns to power. The lame-duck Biden administration announced Wednesday that it is moving to spend $735 […]
Last week, Atlantic LNG shipping rates remained weak. “Spark30S rates rose for a third consecutive week, increasing marginally by $750 to $22,750 per day, and Spark25S Pacific rates fell by $2,500 to $21,250 per day,” Qasim Afghan, Spark’s […]
19 Metros below 2022 peaks: Austin -22%, San Francisco -10%, Phoenix -9%, San Antonio -8%, Denver -7%, Salt Lake City -6%, Sacramento -6%, Portland -6%, Dallas -6%, Seattle -5%, Honolulu -5%… By Wolf Richter for WOLF STREET. The dynamics […]
The problem is in services, which account for 67% of PPI. But goods prices are re-accelerating too. The whole inflation scenario has changed. By Wolf Richter for WOLF STREET. The prior months’ data of the Producer Price Index […]
On re-spiking motor vehicle prices, jumping food & gasoline prices. But housing inflation backs off. By Wolf Richter for WOLF STREET. The overall Consumer Price Index rose by 0.31% (+3.8% annualized) in November from October, the sharpest increase […]
Beitveit Holding Marine geoscience and offshore construction support player Next Geosolutions (NextGeo) is expanding its fleet with the acquisition of a multipurpose survey vessel (MPSV) from Norway’s Beitveit Holding. The Milan-listed company, part of Naples-based […]
Daily Standup Top Stories Biden Defends Economic Record, Says Trump Plans Threaten Growth December 10, 2024 Clark Savage ENB Pub Note: We all know that Joe voted for President Trump, but I did not have him […]
Cruise was supposed to generate $50 billion in revenues by 2030, according to GM’s former hype, which Wall Street ate up. By Wolf Richter for WOLF STREET. General Motors announced Tuesday afternoon, after blowing $10 billion on its […]
ENB Pub Note: We all know that Joe voted for President Trump, but I did not have him defending his economic record on my bingo card this week. If you have listened to the ENB […]
Stop the ‘green hallucinationists’ plan to close all 200 coal power plants. December 9, 2024 Clark Savage America continues to subsidize the development of occasionally generated electricity from weather dependent wind turbines and solar panels, to […]
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