The consortium of financial investors led by Mason Capital Management includes IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and other investors. Under the terms of the agreement announced in October, […]
Prices are rising again, amid tight supply, sharply reduced flow through the used-vehicle pipeline, and strong demand. By Wolf Richter for WOLF STREET. Prices of used vehicle sold at auctions across the US jumped by 1.3% in November […]
The latest American restrictions cut off the last way for the bloc to pay Moscow for gas supplies The EU is pressuring the US to ease sanctions on Russia’s Gazprombank, which until recently was used […]
Weekly Daily Standup Top Stories Trump threatens BRICS December 1, 2024 Clark Savage ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained […]
Payrolls & wages jump, prior 2 months revised higher, solid bounce-back from Hurricanes and Boeing strike. 3-month average payrolls +173,000! By Wolf Richter for WOLF STREET. Payrolls jumped by 227,000 in November from October, and the prior two […]
In the Energy News Beat – Conversation in Energy with Stuart Turley, Matt Willer, Managing Director, Capital Markets, Partner Phoenix Capital Group Holdings, LLC discuss the financial markets’ role in energy, particularly the future demand for energy driven […]
Republicans urge DOE to halt green tech loans amid rush to distribute $25B before Trump’s inauguration, citing risks and lack of due diligence. Republicans on the House Energy and Commerce Committee are demanding that the […]
Russian President Vladimir Putin cancelled the option for buyers of Russian gas to convert currency into roubles at Gazprombank, a presidential decree showed on Thursday (5 December), complicating the payments process as buyers must […]
How the West can avoid the next Northvolt going south. Northvolt’s story seemed like a fairy tale. Peter Carlsson, an ambitious and entrepreneurial former Tesla executive, founded the Swedish battery maker in 2016 to secure […]
Quantitative Tightening shed 43% of the assets the Fed had added during pandemic QE. Bank-panic facility BTFP is vanishing. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet dropped by $98 billion in November, […]
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