A highly anticipated inflation reading and the Federal Reserve’s final policy decision of the year will serve as highlights in what is expected to be the last week of major economic news in 2022. On Tuesday, the closely watched consumer price index (CPI) for November could predict how far rates could rise in the year …
Inflation data, Fed meeting will set the stage for 2023: what to know this week Read More »
‘One of the worst money mistakes’: This Harvard-educated economist says retiring early is a decision you’ll ‘regret’ – here are 3 big problems with hanging up in your 50s Take early retirement? As the old saying goes, it’s a good job if you can get it. But as a respected Harvard economist notes, too many …
As a bullet train speeds by in the background, a tank of liquid hydrogen towers over solar panels and hydrogen fuel cells at Panasonic’s Kusatsu plant in Japan. Combined with a Tesla Megapack storage battery, hydrogen and solar can provide enough electricity to power the site’s Ene-Farm fuel cell plant. Hornyak Team As high-speed trains …
Catherine Ziegler | Digital vision | Getty Images As inflation kept prices high in 2022, Social Security recipients can expect a record cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 due to an increase in the cost of living,” the Social Security Administration says in the annual statements it …
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve is almost certain to announce on Wednesday that it will raise interest rates again. But investors are hoping it will be a smaller increase than the …
The Fed will raise rates again. But that’s playing with fire | CNN Business Read More »
BitMEX founder Arthur Hayes considers the possibility that Bitcoin has already printed a bear market trough, saying three key players likely ran out of BTC to sell. In a new blog post, the crypto veteran identifies three groups of investors who have been forced to part with their Bitcoin treasures this year due to the …
White House chief energy adviser slams US shale investors’ refusal to ramp up drilling as ‘un-American’, even as Moscow’s invasion of Ukraine wreaks havoc on markets world oil and gas. US oil companies have come under pressure from Wall Street to return record profits to investors this year, despite repeated pleas from President Joe Biden …
Biden adviser calls Wall Street opposition to shale drilling ‘un-American’ Read More »
Five cars with people inside were trapped between downed and active power lines in Sacramento County, authorities said Saturday. believe no one has serious injuries.| Northern California Storm Coverage | Weather alert day Saturday due to high winds; late rain, snow timing Metro Fire and the California Highway Patrol initially responded to the emergency. SMUD …
5 cars temporarily stuck between live power lines in Sacramento County, authorities say Read More »
Futures on the Dow Jones will open on Sunday evening, along with futures on the S&P 500 and the Nasdaq, with particular attention to the CPI inflation report and the Federal Reserve. X The stock market rally retreated last week, with major indexes continuing their trend to new highs, but then fading. It’s a tough …
2 tests for the rally after a lousy week; 5 Inventory Setup Read More »
Despite pleading with oil and gas companies to increase production in recent months, to tackle global shortages and rising prices, President Biden is once again hitting the industry hard by proposing a bigger cut emissions in operations. And he’s not alone, as the UK and EU seek to reduce gas flaring and venting practices to …
More restrictions on Biden’s oil and gas are on the horizon | OilPrice.com Read More »
