Nearly half the coal industry is still on an expansion course

The burning of fossil fuels such as coal, oil and gas is the chief driver of the climate crisis. Vcg | Visual China Group | Getty Images Nearly half of the coal industry intends to develop new projects to exploit the world’s dirtiest fossil fuel, according to German campaign group Urgewald, with many companies refusing … Read more

US delivers angry rebuke of massive OPEC+ production cut

Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and US ally Saudi Arabia. Almond Ngan | Afp | Getty Images The White House angrily pushed back at OPEC+ after the oil producer group announced its largest supply cut since 2020, lashing out at what President Joe Biden’s administration described as … Read more

Terra’s Do Kwon denies frozen bitcoin, and crypto’s $4B money laundering problem: CNBC Crypto World – CNBC Television

Terra’s Do Kwon denies frozen bitcoin, and crypto’s $4B money laundering problem: CNBC Crypto WorldCNBC Television

Amazon Sends Chilly Signs About the Economy

Tech giants don’t bring good news for investors. While the markets are looking for reassuring news on the health of the economy, Silicon Valley is only delivering very bad news. In recent weeks, red signals have been sent by Alphabet (GOOGLE) Microsoft (MSFT) and Meta Platforms (META) . Last month, Alphabet CEO Sundar Pichai warned … Read more

Leftist policies led us into the world energy crisis: Lloyd – Fox Business

Leftist policies led us into the world energy crisis: LloydFox Business We do not want to become ‘dependent on China’: Steve MilloyFox Business California can’t keep the lights on as it is: Stephen SchorkFox Business ERShares CEO warns Europe is in economic ‘trouble’Fox Business View Full Coverage on Google News

OPEC+ imposes deep production cuts in a bid to shore up prices

Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession. Bloomberg | Getty Images A group of some of the world’s most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude prices … Read more

US underfishing drives up imports

In 2020, the global fishing industry reached an all-time record of production worth an estimated $406 billion, according to the Food and Agriculture Organization (FAO) of the United Nations. Fish is a key source of protein, making it essential in feeding the growing world population. In the United States, New Bedford, Massachusetts, is the country’s … Read more

Bitcoin inches back above $20K, and a deep dive into the state of US regulation: CNBC Crypto World – CNBC Television

Bitcoin inches back above $20K, and a deep dive into the state of US regulation: CNBC Crypto WorldCNBC Television Circle CEO: ‘We Want To Be a Full Reserve Digital Currency Bank’CryptoGlobe Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST StablecoinCoinDesk Circle CEO Jeremy Allaire Says Company Intends To Become Full Reserve Digital … Read more

Yellen says ‘there is no truth’ to report she’s leaving the agency after midterms

US Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the US Treasury Department in Washington, US July 28, 2022. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen denied Tuesday an unconfirmed report that President Joe Biden would replace her after the November midterm elections, saying she plans to stay on … Read more

The job market is cooling, but workers still have power, say economists

Hinterhaus Productions | Getty Images There are signs the hot job market is cooling — but workers still have bargaining power for now, according to labor economists. Job openings, a barometer of employers’ demand for workers, saw a near-record monthly decline in August. Openings fell by 1.1 million to 10.1 million, according to US Department … Read more