Tag: electricity

Opinion: For its critics, Amazon can never do enough

Perhaps no company has permeated the lives of Americans more than Amazon has. Whether it’s household staples, an intelligent doorbell, cloud applications, Whole Foods —...

Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices headed lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline...

Betting on the post-pandemic boom? Bank of America has 17 stock recommendations

Here’s one possible all-clear signal. COVID-19 is no longer a “tail risk” for investors, the first time since February 2020, says Bank of America in...

GameStop stock was reaching new heights, but shares in the meme stocks just plummeted

GameStop Corp. shares Wednesday were on track for their highest closing price in history and their longest winning streak since the videogame retailer’s stock became...

I’m 28, have zero debt, a 401(k), Roth IRA and $45K in the bank. My parents want me to save for a home. I want a Tesla Model 3. Who’s right?

Dear Quentin, I’ve been flip-flopping back and forth between buying a new car or putting a down payment on my first home. With my parents...

Houston mayor says Texas should pay some consumers’ massive utility bills

Houston Mayor Sylvester Turner said Sunday that the state of Texas should pay the massive utility bills some Texas consumers are facing following last week’s...

‘Pittsburgh can’t win the day without Paris, or vice versa’ — these mayors are allies not foes on climate change

  City of lights? Pittsburgh’s skyline at night. AFP via Getty Images “ ‘Pittsburgh can’t win the day without Paris, or vice versa. Nor will...

Amid water shortages and power outages, Texans cry foul over price gouging for bottled water, gas and $1,000 hotel rooms

Some businesses in Texas are hitting consumers when they’re down. Lina Hidalgo, the judge Harris County, the largest county in Texas, said this week that...

Dow logs record as cold snap lifts energy stocks, and rise in yields buoys banks

The Dow industrials eked out a record gain, but the other main equity benchmarks limped lower, as progress toward President Joe Biden’s $1.9 trillion coronavirus...

Oil prices move up as traders eye signs of improving energy demand

Oil futures moved up on Tuesday, shaking off earlier weakness, as signs of improving energy demand put global benchmark prices on track to tally an...

Energy stocks and bonds shine after brutal slump, even as Biden moves to curb fossil fuels

About nine months ago, oil futures did a crazy thing and briefly crashed into negative territory, marking a low point of a historic bear market...

Climate activist Greta Thunberg chides Sen. Ted Cruz’s preference for a ‘Pittsburgh Accord’

Teenage global climate-change activist Greta Thunberg, who can boast over 4.6 million followers on Twitter and her own postage stamp, welcomed U.S. President Joe Biden’s...

After painful financial lessons in 2020, here’s 10 New Year resolutions to make 2021 better.

Before 2020, Russell Jessop knew the wisdom in having emergency savings tucked away. But the year’s financial mayhem supplied him — and millions more —...

‘The whole city was dark’: China rations electricity for millions

By Vivian Wang In the city of Yiwu in eastern China, authorities turned off streetlights for several days and ordered factories to open only part-time....

Rockefeller Foundation built on a fossil-fuel fortune becomes largest philanthropist to shun oil investments

The Rockefeller Foundation, a 107-year-old philanthropy built by oil tycoon John D. Rockefeller, says it will completely break with the fossil-fuel industry that seeded its...

Tesla may be ‘the most remarkable market story of them all,’ says strategist

So much has been made of Tesla’s breathless rise to mind-boggling valuations in 2020. But the stratospheric rise of the Palo Alto, Calif.-based company also...

‘Hold the champagne’ on China’s updated climate-change target — guide markers still don’t guarantee net zero emissions by 2060

Chinese President Xi Jinping on Saturday pledged to cut the nation’s carbon emissions per unit of economic output by over 65% by 2030 and boost...

Gains for U.K. stocks tempered by strong British pound as Brexit hopes rise

London stocks rose on Wednesday, amid continued investor optimism as the U.K. started its COVID-19 vaccine campaign, but gains were tempered as Brexit deal hopes...

Oil prices fall as OPEC+ debates expansion of output cuts

Oil futures fell Monday, under pressure as the Organization of the Petroleum Exporting Countries and its allies debate the fate of existing output curbs in...

Boris Johnson wants a Green Industrial Revolution that bans new petrol cars, adds jobs

The UK economy must snap back from COVID-19 with an intentional “green recovery” that brings high-skilled jobs and a shift from traditional cars, Prime Minister...

Biden has a climate-change mandate — what can he actually achieve?

Joe Biden wavered on the controversial practice of oil and gas fracking early in the campaign but by the time the presumptive president-elect addressed the...

Fracking and the ‘Green New Deal’: Here’s where Trump and Biden stand on climate change

It may be a squishy timeline on fossil fuels for Democratic Presidential candidate Joe Biden, but that there’s a timeline at all for moving away...

Diesel Generators Ban in NCR: In new pollution plan, National Capital Region bans use of electricity generators

The use of electricity generators, except those needed for essential or emergency services, has been banned in the national capital region as part of the...

Amy Coney Barrett says ‘politically controversial’ climate change is still a matter of public debate

Supreme Court Justice nominee Amy Coney Barrett testifies before the Senate Judiciary Committee this week. Getty Images Man-made climate change — the long-run threat to...

A Barrett Court could continue Trump’s deregulatory agenda long after he’s left the White House, experts say

Judge Amy Coney Barrett’s nomination to the Supreme Court has brought the public’s attention to divisive social issues like abortion rights, but replacing the late...