U.S. manufacturing activity grew at its slowest pace in nearly 2-1/2 years in September as new orders contracted amid aggressive interest rate increases from the Federal Reserve to cool demand Continue Reading
The Biden Administration has once again floated the idea of limiting U.S. fuel exports in order to ease the pressure on consumers at the pump. Oil and gas industry groups Continue Reading
U.S. producers of liquefied natural gas (LNG) boosted exports to Europe in September even as a plant outage kept overall shipments below the average for the first eight months of Continue Reading
. With so many crises going on in the world right now — Hurricane Ian, suspected sabotage of the Nord Stream pipeline, the war in Ukraine — it can be Continue Reading
A dealership lot in Miami Lakes, Fla., for used-car retailer CarMax, which says high prices, inflation and rising interest rates are slowing demand. Auto executives for months have expressed confidence Continue Reading
The global energy crisis may finally be coming to America. As Europe scrambles to secure LNG supplies, American companies are racing to lend a hand. With more American LNG flowing Continue Reading
Brandon Parrum, general manager of CarMax’s Des Moines store, shows off one of the many vehicles that customers can arrange to buy online and collect at the store using “contactless” Continue Reading
A boat storage facility damaged following Hurricane Ian in Venice, Florida. Hurricane Ian will cause $63 billion in losses covered by private US insurers, according to an estimate from a Continue Reading
Oil demand in the US soared during the summer, even as higher pump prices forced many Americans to cut back on driving. Overall petroleum supplied, a proxy for demand, posted Continue Reading
A flooded house following Hurricane Ian in Fort Myers, Florida. Photographer: Eva Marie Uzcategui/Bloomberg Hurricane Ian will continue to wreak damage on Florida’s crops even as it moves to other Continue Reading
