The Environmental Protection Agency on Wednesday released its much-anticipated proposal to cut emissions for fossil fuel power plants – which if finalized would result in almost all U.S. coal plants having to cut or capture […]
PacWest Bancorp (PACW) severely missed estimates for Q1 earnings early Thursday as it felt the impact from the recent bank panic. But the Los Angeles-based bank noted deposits have stabilized and it has sufficient liquidity. […]
The New York Fed’s March inflation forecasts added further upward pressure on Treasury bond yields and the dollar Monday as investors look to one final rate hike from the central bank next month in Washington following Friday’s […]
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally closed mixed Wednesday, amid a tame CPI inflation report and a big move by Google parent Alphabet […]
Authored by Jude Clemente via RealClear Wire, “Progress towards an energy transition appears to be significantly lagging the optimistic projections and any reduction in government mandates and subsidies could make many investments unprofitable, and at […]
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Debt-ceiling talks got underway while the CPI inflation report is on tap Wednesday morning. Axon Enterprise (AXON), Airbnb (ABNB) and Celsius […]
Hedge fund manager and macro economic expert Hugh Hendry just issued a major warning on the US banking system and the American economy as a whole. In a new interview on Bloomberg Markets, Hendry says […]
A report prepared for the South Carolina state legislature and released last week determined that a range of electric market and transmission reforms — including creating a new independent organization to run the electric […]
Update: It appears some have read the actual Fed data after all as regional banks are now red… Even PACW is fading fast now (from +33% to +2%)… Having rallied early after suspending […]
California’s recent decision not to pay back some $20 billion borrowed from the federal government to cover unemployment benefits during the pandemic will fall on the shoulders of employers, according to experts. California Governor Gavin […]
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