US Jobless Claims Fall, Consumer Spending Softens An influx of data showing softer consumer spending, sagging sentiment and subdued manufacturing suggest a US economy with a more fragile foundation, prompting Continue Reading
Corn is again the top US crop after soaring grain prices motivated farmers to shrug off weather woes and high fertilizer costs to plant more than expected while cutting back Continue Reading
The Supreme Court ruling Thursday that curtailed the Environmental Protection Agency’s flexibility to curb power-plant emissions on a systematic basis is setting the stage for a piecemeal approach to the Continue Reading
The waiting list for General Motors Co.’s GM -5.05%▼ new GMC Hummer electric pickup truck and related SUV model recently topped 77,000 prospective buyers. Most are likely in for a long wait. GM’s renovated Detroit factory, Continue Reading
One by one, the tools available to President Biden to fight climate change are being stripped away. After a Supreme Court decision on Thursday, the Environmental Protection Agency will have less authority Continue Reading
Supply-chain kinks continued to suppress vehicle inventory and sales in the first half of the year, exacerbating a seller’s market that has pushed new-car prices to record highs. Sales of Continue Reading
Oil prices fell on Wednesday after a report was released by the EIA showing an uncharacteristic slowdown in gasoline demand. Despite this demand destruction, it is unlikely that high oil Continue Reading
Likelihood of German Recession ‘Clearly’ Increasing: Ifo’s Fuest. European economies are facing a major new shock from slowing deliveries of Russian natural gas, which threaten to push inflation even higher Continue Reading
For the first time in history, U.S. LNG overtakes Russian piped gas in EU. IEA: The drop in Russian supply calls for efforts to reduce EU demand to prepare for Continue Reading
The UK’s National Grid is exploring the idea of paying companies in Britain to use less electricity next winter as part of measures to conserve gas and avoid blackouts, Bloomberg Continue Reading
