BRUSSELS—Eurozone labor costs jumped in the last three months of 2022 and third-quarter data was revised up as well, but the rise of the wage component was still roughly half the increase in consumer inflation, data showed on Friday. The European Union’s statistics office Eurostat said labor costs in the 19 countries that shared the…
Eurozone Labor Costs Jump 5.7 Percent Year on Year in 4th Quarter
March 17, 2023
admin
Business & Marketscostseconomic policieseconomyenergyEuropeeurozoneinflationlaborMarketsrecessionWorld
0 Comment
Climate Is Important, but Oil Is ‘Vital,’ Admits BlackRock CEO: We’re Not ‘Environmental Police’
March 17, 2023
admin
BlackRockBusiness & Marketsclimate change alarmismCompanieseconomic policieseconomyenergyenvironmental social and governance (ESG) policiesesg agendaInvestmentLarry FinkMarketsUSUS News
0 Comment
BlackRock CEO Larry Fink admitted in a 2023 annual letter to investors that oil and gas are “vital” to global energy demand—a shift from his earlier stance promoting a climate change agenda which focused on progressive values that denounce fossil-based fuels. “For years now, we have viewed climate risk as an investment risk. That’s still…
Oil Rises on Demand Hopes as Banking Fears Ease
March 17, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices firmed on Friday as a meeting between Saudi Arabia and Russia calmed markets and after support measures stabilized a banking crisis that set oil prices on course for their biggest weekly fall since December. Brent crude futures firmed by $1.09, or 1.46 percent, to $75.79 a barrel by 1040 GMT. U.S. West Texas…
World Shares up After 1st Republic Aid Spurs Wall Street Rally
March 17, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
BANGKOK—Markets advanced Friday in Europe and Asia, tracking a rally on Wall Street after a group of big banks offered a lifeline to First Republic Bank, the latest U.S. lender in the spotlight for troubles in the banking industry. Shares rose in Paris, London, Tokyo, and Hong Kong but edged lower in Mumbai. U.S. futures…
America Will Be Petroleum, Natural Gas Exporter Through 2050, Predicts Energy Information Administration
March 16, 2023
admin
Business & Marketseconomic policieseconomyEIAelectrificationenergyEnvironmentInvestmentNatural gasOilPolicies & ImpactsScienceScience NewsUSUS FeaturesUS News
0 Comment
The Energy Information Administration (EIA) expects the United States will remain a net exporter of petroleum and natural gas at least through the middle of this century. Its 2023 Annual Energy Outlook, released on March 15, credits that trend to “growing international demand.” Yet, the EIA also projects that zero-carbon nuclear power, natural gas, and…
US Will Be Petroleum, Natural Gas Exporter Through 2050, Government Agency Projects
March 16, 2023
admin
Business & Marketseconomic policieseconomyEIAelectrificationenergyEnvironmentInvestmentNatural gasOilPolicies & ImpactsScienceScience NewsUSUS FeaturesUS News
0 Comment
The Energy Information Administration (EIA) expects the United States will remain a net exporter of petroleum and natural gas at least through the middle of this century. Its 2023 Annual Energy Outlook, released on March 15, credits that trend to “growing international demand.” Yet, the EIA also projects that zero-carbon nuclear power, natural gas, and…
Maryland Phasing Out Gas-Powered Car Sales, GOP Says It’s Radical Move
March 16, 2023
admin
all electric vehiclesBusiness & Marketsclimate changeeconomic policieseconomyenergyGov. Wes MooreMarylandRegional & State NewsState NewsUSUS News
0 Comment
Gov. Wes Moore has announced Maryland’s plan to phase out gas-powered car sales by 2035 in its effort to curb climate change, but the GOP says this plan is too radical and impractical. “Today, we’re talking about a major transformation that is going to define this administration—and that’s how we turn Maryland from a state…
Rooftop Solar Feed-In Charges ‘Unlikely’ in Qld
Queensland is “unlikely” to charge homeowners for feeding solar power back to the grid, the government says, amid concerns it may follow similar proposals in New South Wales (NSW). Solar Citizens wants the state government to rule out feed-in charges it says are being pushed by private electricity network operators over the border. Energy Minister…
Tesla’s Plans for Zero Rare Earth EV Motor Could Undermine Beijing’s Secret Weapon—Its Rare Earth Monopoly
March 16, 2023
admin
Business & Marketsccp threatChinachina rare earthCompaniesenergyEnvironmentSciencesupply chainsTechTech NewsUS-China relations
0 Comment
News Analysis At its 2023 Investor Day presentation in Texas, Tesla revealed its plans to produce its next generation EV motor without any rare earth minerals. As a global leader in the electric vehicle market, Tesla’s plan for zero rare earth permanent magnet motors, if successful, could have a significant impact on the rare earth market—particularly China’s rare…
Oil Regains Some Ground After Credit Suisse Handed a Lifeline
Oil prices clawed back some ground on Thursday after sliding to 15-month lows in the previous session as markets calmed somewhat after Credit Suisse was thrown a financial lifeline by Swiss regulators. But, battered by fears of growing stress on banks worldwide, market sentiment remained fragile with both benchmarks giving up some early Thursday gains…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`