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June 21, 2024
Today will be the tiebreaker at least but it just tells you a lot about the month. Its been up its been down. In fact an even number of times. But whats also interesting, lets all remember this is the day before the fed announcement and usually you get a very quiet day ahead of that and youre getting anything but right now. Triggers arent taking a stand either up or down ahead of the fed meeting. Final hour of trade begins with the dow down 129 points after a strong session yesterday. Interestin...
June 20, 2024
Now that the hockey match is over, a lot of people are focusing their attention on whats happening in ukraine. Plus more fallout of facebooks shocking acquisition. Kevin oleary said he might short facebook because of the deal. Coming up, a major facebook investor is here to tell us why he sold every share he owned. In a word hes now a zucker bear. His word, not ours. Bank ceos back in the media glare as the president complains about a minimum wage he says is too low. Bank heads are getting big f...
June 20, 2024
Assessment. And of course, there were a lot of practices in connection with mortgage lending that really need to be changed. We dont want to go back to those days, but it is important to clarify for us, to work to clarify the rules around mortgage lending to create an environment of greater certainty for lenders to be willing to extend mortgage credit. Good afternoon. Jason lang with reuters. Chairman yellen, the fed has slashed its growth projections for this year, and youve gone to pains to ex...
June 19, 2024
The statement says significant underutilization of labor resources and a very modest pace of wage increases thats picked up very little i see as essentially a reflection of that. The wall street journal. I want to come back to the Interest Rate projections that put out today. The public i think would be enlightened by knowing a bit more about where you stand in relation to these projections. And with that in mind and in the name of transparency, i wonder if you could describe to us whether youre...
June 11, 2024
The North American Electric Reliability Corp. identified a higher risk of energy grid shortfalls in the Southwest, New England and Midwest.
May 29, 2024
With some parts of the country already facing heat waves, the organization in charge of setting reliability standards for the American electric grid is warning that a scorching summer could
May 16, 2024
The risk of power failures this summer remains elevated for many parts of North America amid soaring demand and generator shutdowns. The main Texas grid
May 16, 2024
Utility industry news and analysis for energy professionals.
May 16, 2024
Extreme summer heat increases the risk of power grid instability. Here are the regions in the US that will be affected the most.