Good economic data was bad for energy stocks today. What happened The energy industry was hit hard on Thursday by a number of factors from falling prices to a speculation about higher interest rates. Markets […]
Some of the largest coal-burning power plants in the nation are being fast-tracked for retirement and replaced in part by cheaper, cleaner renewable energy — a trend that should accelerate following enactment of landmark federal […]
It’s an unprecedented and harsh winter for Europe as the continent faces an energy crisis amidst an economic crisis and a recovery from the Covid-19 pandemic. Russian gas supplies have been cut by over 80% […]
Tesla Inc. shares declined more than 8% on Tuesday, pushing the electric-vehicle maker’s valuation lower than oil giant Exxon Mobil Corp. after the stock’s previous descent below a “critical battle line” of $150 a share. […]
Bridgewater Associates, the world’s biggest hedge fund manager, is taking a swing at the issue of climate-conscious investing. In a new report titled “Pursuing Net-Zero Goals in Public Equities,” Bridgewater outlines ways of aligning stock […]
Buffett has been doubling down on his energy investments while trimming his banking holdings. The legendary investor has added new shares in red-hot E&P companies Occidental Petroleum Corp. and Chevron. Buffett and the investing universe […]
The old saying among foreign investors that “if you are not in Nigeria, you are not in oil business” is increasingly being confined to the past as several international oil majors have excluded Africa’s biggest […]
Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, I hate to gloat but, screw it. I’m gloating. With every FOMC meeting this year, Jerome Powell has become more and more hawkish, but the […]
Authored by Kevin Stocklin via The Epoch Times (emphasis ours), The acquisition by investment managers BlackRock and Vanguard of ever-increasing shares in America’s public utility companies is setting off alarm bells from conservatives and progressives […]
The BoJ decision to widen the YCC band was a surprise in the sense that’s it been viewed as a “when, not if” matter (while still messaging quite “dovishly” in the press conference, with Kuroda […]
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