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Climate Crisis

2024 Debate’s Energy Impact

September 11, 2024 Andy Del Prado

Daily Standup Top Stories In Germany, The Green Energy Transition Is Only Getting Worse September 10, 2024 Andy Del Prado Germany is running faster and faster to stay in place. In the meantime, it is destroying […]

Harris
Climate Crisis

Harris Wooing U.S. Steel After Pushing Extreme Policies To Torpedo The Industry

September 10, 2024 Andy Del Prado

In another flip-flop, Kamala Harris is now championing steelworkers despite pushing radical policies to destroy the industry. ​Vice President Kamala Harris has championed radical environmental policies supported by activist groups that, in part, led to […]

International News

Will Britain’s steel industry survive the latest blow?

September 8, 2024 Stu Turley

Talks between the government and the owner of British Steel over a £500 million state aid package have reportedly reached a deadlock, with plans to close blast furnaces in Lincolnshire now being considered. According to […]

Inflation
Finance

The Fed Has Room to Cut, Rates Are High Relative to Inflation, and Job Growth Could Use some Juicing Up

September 6, 2024 Stu Turley

Job growth bounces back some, hourly earnings jump, unemployment dips, but job growth is too slow to absorb the massive influx of immigrants. By Wolf Richter for WOLF STREET. Payrolls at employers rose by 142,000 jobs in August, […]

Kamala Harris
Finance

Why Kamala Harris Will Not Bring Prices Down… Her Plan Needs Inflation

September 3, 2024 Mariel Alumit

In a recent interview with CNN, Kamala Harris said that Bidenomics is working and that she is “proud of bringing inflation down.” However, the Bureau of Labor Statistics published the latest CPI at 2.9%, despite annual inflation […]

Canadian rail
International News

Ottawa moves fast to end Canadian rail shutdown

August 23, 2024 Mariel Alumit

The Canadian rail strike ended yesterday some 18 hours after it started as authorities moved rapidly to avert an economic disaster. Canada’s two biggest railways shut down yesterday after a midnight deadline passed without an […]

railways
International News

Canada’s two largest railways shut down

August 22, 2024 Mariel Alumit

Canada’s two biggest railways have shut down after a midnight deadline passed without an agreement over pay conditions. The stoppage of work by 9,300 engineers, conductors and yard workers at Canadian National Railway Co (CN) […]

Goldman Sachs
Finance

Fed Confronts Up to a Million US Jobs Vanishing in Revision

August 20, 2024 Stu Turley

BLS issues preliminary benchmark employment revision Wednesday Economists still view job growth as healthy, albeit moderating US job growth in the year through March was likely far less robust than initially estimated, which risks fueling […]

rail
Crude Oil News

Canadian rail strike set for Thursday

August 19, 2024 Mariel Alumit

Canada looks set to be hit by industrial action at its two main freight rail companies from this Thursday as employers and employees made their positions clear over the weekend with no deals in sight […]

ExxonMobil
Big Oil Companies

ExxonMobil (XOM) Lays Off 59 Workers Post Pioneer Merger

August 15, 2024 Mariel Alumit

ExxonMobil Corporation XOM, the U.S. energy giant, has begun a workforce reshuffle, leading to layoff notices for 59 employees, per a Reuters report. This move is part of XOM’s broader workforce restructuring plan following its ($60 […]

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