Bring on the supply. Homebuilders may need to do some serious price cutting to move their inventory.
ATLANTA (AP) — President Joe Biden’s administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup electric […]
The agreement triples climate finance, but developing countries say it’s far from enough. After more than two weeks of grueling deliberations at this year’s U.N. climate summit in Baku, Azerbaijan—known as COP29—the world’s wealthiest nations […]
Daily Standup Top Stories Tesla Excluded From EV Buyer Credits in California Proposal November 25, 2024 Clark Savage (Bloomberg) — Tesla Inc.’s electric vehicles would be excluded from consumer rebates proposed by California’s governor, a decision […]
“The roughly linear increase in specific power” of ICE vehicles over the past 50 years “does not appear to be slowing”: EPA.
Thyssenkrupp Steel Europe (TKSE) plans to cut 5,000 jobs by 2030 and an additional 6,000 jobs through the sale of business activities or transfer to external service providers, the company said on Monday (25 […]
Saudi Arabia and its allies had two words they didn’t want to see repeated in a COP29 deal: “fossil fuels.” The faction got their way after two weeks of bitter negotiations in Azerbaijan, reversing gains made […]
ONEOK has struck a deal with EnLink Midstream to buy its remaining assets in the Permian for $4.3 billion in stock, boosting its presence in the star of the shale patch further amid growing expectations of a […]
QE was a huge gravy train for taxpayers. But then came the hangover. By Wolf Richter for WOLF STREET. The Fed released its financial report for the third quarter on Friday afternoon. The two items we pay attention […]
COP29 appeared set for a last-ditch deal as key negotiators agreed to a broad blueprint on climate finance, pulling the United Nations talks in Azerbaijan back from the brink of collapse. After a chaotic day, […]
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