Wolf Richter with Adam Taggart on Thoughtful Money.
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The Data Mess. Markets, Interest Rates & Inflation and There’s Still No Recession; Risks of Financialization & Overleverage
Crude Oil News
Oil up on OPEC+ meeting, summer driving season and weaker US dollar
NEW YORK, May 28 (Reuters) – Oil prices gained more than $1 a barrel on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of […]
ENB Pub Note
Turkey Said to See Inflation Rate Peaking at About 40% in 2022 – Will this reignite the energy conflicts in the Med?
ENB Publishers Note: Wars are fought over energy, and when governments get desperate, they go to war. Turkey and the other countries in the Meditrainian have been at ods over natural gas. As 40% to […]
Offshore
GE is laying off 20% of its U.S. workforce devoted to onshore wind power, costing hundreds of jobs
GE is cutting hundreds of jobs in its onshore wind power group. The move comes as GE faces a trifecta of challenges: Rising input costs, supply chain issues, and competition from the likes of Siemens. […]