Tag: electricity

U.S.-German Deal on Russia’s Nord Stream 2 Pipeline Expected Soon

The U.S. and Germany have reached an agreement allowing the completion of a controversial Russian natural-gas pipeline, according to officials from Berlin and Washington, who...

Yellen keeps up push for greater U.S. climate-change regulation, rebuffing concerns of Republicans

Treasury Secretary Janet Yellen said Sunday she will lead an effort across U.S. financial regulators to better scrutinize the potential of climate-change risk, part of President Joe...

Egypt and Ethiopia Clash Over Nile River Dam as Water Scarcity Looms World-Wide

A dispute over the Nile, the world’s longest river, is coming to a head. At stake are the lives and livelihoods of millions of people...

Opinion: Record heat and your retirement: Why the climate crisis should factor into your financial plan

The Pacific Northwest is currently experiencing a record heat wave so severe that statisticians say it should happen only once a millennium, but which climatologists...

Infrastructure talks are faltering but these stocks can still benefit from the Biden plan, Citi says

U.S. stocks look set to move higher on Monday, after the S&P 500 SPX, +0.19% notched its 28th record high of the year on Friday,...

G-7 recommits to clean-energy funds owed to developing nations, gets serious about 2030 targets

The Group of Seven most powerful nations on Sunday recommitted on cooperation to thwart climate change as they aim to nearly halve their greenhouse-gas emissions...

How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy

Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the...

Will the Colonial Pipeline outage hike gas prices? It all depends on where you live

Just ahead of Memorial Day weekend — a time when families may be itching to get out and greet summer after a long, hard pandemic...

Have you held any of these 20 stocks long term? Your current dividend yield might surprise you

Income-seeking investors love dividend stocks, many of which have attractive yields when compared to bond yields. They might like them even more when they realize...

ETF Wrap: Let’s get away from it all

Raise your hand if you’ve got a mean case of cabin fever. After the past 13 months, of course you do! You want to see...

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...