Tag: Utilities
-
Stock market strategist David Rosenberg gives the Fed no credit — and no mercy
[ad_1] It’s said that you don’t know an economy is in a recession until it’s in one. Or as David Rosenberg puts it: “Recessions are like an odorless gas. They sneak up on you.” These days, Rosenberg is looking for fresh air. A former chief North American economist at Merrill Lynch and now president of…
-
Opinion: ‘Oppenheimer’ gives investors another reason to be bullish about nuclear energy
[ad_1] One of the hottest movies of the summer is the staggeringly good biopic “Oppenheimer,” about the man who oversaw the frantic race to develop the atomic bomb during World War II. The atom bomb dropped on Hiroshima, Japan on Aug 6, 1945 was a fission-style device. This also happens to be the same basic…
-
Already roasting in extreme heat? 2024 could be even hotter, NASA scientists warn
[ad_1] Heat records have been shattered from California to Florida this summer. And, yes, it is summer and summer is hot. If 2023 already feels like one for the record books, 2024 won’t bring any relief, NASA scientists said this week. Unprecedented heat has cooked the U.S. Southwest to dangerous levels, stressed air-conditioning reliability and…
-
Oil prices score a 4th straight weekly gain
[ad_1] Oil futures rose Friday, with U.S. and global crude benchmarks scoring a fourth straight weekly rise on expectations the second half of 2023 will see a tightening of supplies in the crude market. Price action West Texas Intermediate crude for September delivery CL00, +1.73% CL.1, +1.73% CLU23, +1.73% rose $1.42, or 1.9%, to settle…
-
Biden touts sale of Gulf of Mexico wind-power leases and jabs at Trump in Philadelphia speech
[ad_1] President Joe Biden on Thursday touted the first sale of offshore-wind-power leases in the Gulf of Mexico as he spoke to workers in the key battleground state of Pennsylvania. Speaking at the Philly Shipyard about his economic agenda, Biden discussed the Interior Department’s Thursday announcement that the sale will be held Aug. 29. It’s…
-
Oil edges higher after back-to-back declines
[ad_1] Oil futures rose Tuesday after posting back-to-session declines, with prices finding support from expectations that U.S. and global crude supplies will tighten. Traders also awaited official U.S. data on weekly petroleum supplies set for release on Wednesday. Price action West Texas Intermediate crude for August delivery CL.1, +1.75% CL00, +1.70% CLQ23, +1.75% rose $1.05,…
-
WeWork, Carl’s Jr., Unilever and Shell slammed by Yale over operations in Russia
[ad_1] WeWork Inc., Carl’s Jr., Unilever PLC and Shell PLC are among around 400 Western companies slammed by the Yale School of Management over their continuing presence in Russia, despite a major retreat from the country by more than 1,000 multinationals. A slew of major Western corporations such as U.S. giants Apple Inc. AAPL, +0.08%,…
-
DoorDash doubles down on ‘earn by time’ and millionaires are doing something unusual to preserve their wealth — which you can do
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. DoorDash worker gets $10,000 gift from the company: ‘I almost started crying’ DoorDash celebrated its 10th anniversary by giving back to its “most loyal Dashers.” Read More ‘We’ve never seen this before’: Millionaires are doing something unusual to preserve their wealth — and you can do the…