Job openings in construction near record; job market retightens in manufacturing and in business & professional services where many tech companies are. By Wolf Richter for WOLF STREET. We’re looking at this because the Fed is looking at […]
After a year of struggles for offshore wind developments amid rising costs, canceled projects, and failed auctions, governments and policymakers in Europe and the U.S. have realized they may need to pay up to ensure […]
The drop in new orders was off an all-time high, while unfilled orders rose to an all-time high. Orders by major category. By Wolf Richter for WOLF STREET. The headlines had a kind of shocking collapse-is-nigh quality: Manufacturing […]
Daily Standup Top Stories Chevron, Exxon opt out of funding COP28 methane-reduction fund December 4, 2023 Mariel Alumit (Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant […]
Wolf Richter interviewed on This Week in Money, a podcast by Howestreet.com Enjoy reading WOLF STREET and want to support it? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug […]
Few countries are more aware than Germany of how important it is to keep public finances in order. But few countries have indulged in more creative accounting. As Germany’s highest court ruled current spending plans […]
Copper advanced to the highest level in 11 weeks on concerns over the looming shutdown of a large mine in Panama and amid expectations of a widening ore supply deficit in 2024. The Panama government has […]
Gold prices notched another record to kick off the week — with spot prices touching $2,100 an ounce as the global rush for bullion appears set to continue. Spot gold briefly traded above $2,100 an ounce on Sunday […]
The European Union appears undeterred by years of calamitous climate policies, with EU Commission Chief Ursula von der Leyen demanding new taxes and other schemes to take green agenda investment into the “trillions”. Leaders from […]
The Critical Minerals to China, EU, and U.S. Security Governments formulate lists of critical minerals according to their industrial requirements and strategic evaluations of supply risks. Over the last decade, minerals like nickel, copper, and […]
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