Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve. The Dow Jones Industrial Average slid 900 points, or […]
Mark Jacobson and his colleagues at Stanford University have published a new study in the journal Energy & Environmental Science that claims 145 of the world’s nations could switch to 100% renewable energy in a few years […]
Analysts are predicting inflation will be shown to have moderated when the Bureau of Labor Statistics releases its Consumer Price Index at 8:30 AM Tuesday. Predictions are for it to show inflation rose 8.1% year […]
(CNN)Treasury Secretary Janet Yellen said Sunday that there is a “risk” that US gas prices could rise again later this year, as fears grow over the possibility that Americans’ wallets could be strained by a spike […]
ENB Pub Note: Recession, Depression, and Deflation have varying levels of disruption to the demand for oil and gas. So before the energy crisis, the addition of renewable energy, printing money to pay for them, […]
Homebuyer demand suffered a cataclysmic blow this week as mortgage rates hit a high not seen since 2008. A 30-year fixed mortgage rate rose to 5.89% from 5.66% one week ago, according to data from […]
The G7 governments have a problem. The war in Ukraine against Russia is not won. It looks set to be a long grinding conflict, possibly with no end. And yet the world and particularly Europe […]
As central banks hike rates and inflation forces most consumers to trade down, Lamborghini reports it is not being affected in the least. Based in Sant’Agata Bolognese, the Italian supercar maker has orders on the […]
According to a new report in Bloomberg, Goldman Sachs analysts are telling clients that British inflation could jump above 22% if gas prices continue to rise. According to the report, economists with the bank are […]
Angus Reid Institute reported on Monday that Canadians are spending less as inflation continues to pile pressure on their budgets. In a survey the researchers found that four out of five Canadians have reduced their […]
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