The invasion of Ukraine has put the US and Europe on a wartime mission to abandon Russian fossil fuels. This series looks at speeding up zero-carbon alternatives by lowering political Continue Reading
In May the US Federal Reserve implemented its largest interest rate increase in two decades. The move is likely to affect emerging market currencies and increase debt payments. Emerging markets Continue Reading
California port leaders expect imports to rise as Shanghai, home to the world’s busiest seaport, emerges from a two-month COVID-19 lockdown. The question is whether that release of pent-up goods Continue Reading
BlackRock’s Fink Sees Inflation Lasting for Years BlackRock Inc . Chief Executive Officer Larry Fink said he expects inflation to remain elevated for several years primarily because of snarled global Continue Reading
New York Governor Kathy Hochul announced plans to build 22 renewable energy projects, much of them solar-power facilities, as the state aspires to achieve a zero-emission grid by 2040. The Continue Reading
Ford Motor Co. plans to add 6,200 union manufacturing jobs and invest $3.7 billion into plants in Michigan, Ohio and Missouri, as it looks to expand vehicle production and prepare Continue Reading
Nearly 50 members of the U.S. House of Representatives introduced a resolution on Wednesday seeking to end any U.S. involvement in Saudi Arabia’s air campaign in Yemen, with plans to Continue Reading
Price differences between U.S. light and heavy crude oil grades have been widening, pricing data showed, as refiners around the world have been snapping up less-dense crude grades for more Continue Reading
U.S. job openings fell in April, but remained at significantly high levels, suggesting that wages would continue to rise as companies scramble for workers, and contribute to inflation staying uncomfortably Continue Reading
Fed Beige Book Shows Growth Slowing in Some Areas US economic growth looks to have downshifted in recent weeks in the face of headwinds that include rising interest rates and Continue Reading
