U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts but slipped elsewhere as lack of crews, power and fuel reversed earlier production Continue Reading
Weak Jobs Data Is ‘One-Off Slowdown,’ BlackRock Says Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . U.S. hiring limped ahead in Continue Reading
U.S. hiring slowed sharply in August as the surging Delta variant dented the pace of the economic recovery. The U.S. economy added 235,000 jobs last month, the Labor Department said Friday, falling Continue Reading
The semiconductor shortage is short-circuiting heavy-duty truck production as supply-chain disruptions hamper efforts to meet robust demand for new big rigs. North American production of Class 8 trucks, the big Continue Reading
Hurricane Ida plunged more than 1 million customers on the Gulf Coast into darkness, and then knocked out power to another 200,000 in the Northeast on Wednesday night. The chief Continue Reading
Power should be restored to New Orleans by the middle of next week, utility officials said Friday, and sheriff’s deputies warned people returning to communities outside the city to come Continue Reading
The U.S. economy created the fewest jobs in seven months in August as hiring in the leisure and hospitality sector stalled amid a resurgence in COVID-19 infections, which weighed on Continue Reading
The UK could announce next month billions of U.S. dollars of additional spending on supporting its net-zero targets as part of a broad budget of $83 billion (£60 billion), Goldman Continue Reading
Gazprom PJSC needs to store nearly as much natural gas at home to keep Russians warm this winter as it currently ships to its top customer Western Europe every day, Continue Reading
Oil prices were largely steady on Friday as a rebound in global demand was widely expected but a slow recovery for the U.S. Gulf Coast export and refining hub from Continue Reading
