Page 34 - Rel News Today

(Bloomberg) -- The Federal Reserve raised interest rates by the steepest increment since 2000 and decided to start shrinking its massive balance sheet, deploying the most aggressive tightening of monetary policy in decades to control soaring inflation. The U.S.

The National Renewable Energy Laboratory (NREL) has estimated up to $9.9 billion can be reclaimed from plastic waste in landfills.

(Bloomberg) -- The European Union added a ban on property transactions with Russian nationals to its sixth package of sanctions designed to raise pressure on Vladimir Putin.

(Bloomberg) -- Norway’s central bank is poised this week to cement its plan for another interest-rate increase in June as part of a probable timetable of quarterly hikes lasting until 2024.  All economists in a Bloomberg survey expect the Norges Bank to keep its key deposit rate at 0.

(Bloomberg) -- Transurban Group Chief Executive Officer Scott Charlton said toll-road traffic has fully rebounded in Australia and is almost at normal levels in the U.S. as businesses and consumers emerge from the pandemic.

(Bloomberg Opinion) -- The Fed messed up. Big time. After almost 40 years of low, predictable price growth, inflation is back: 8.5% at last count and it may go higher still. Some of the inflation is related to pandemic re-opening, but some of it came from serious policy errors.

(Bloomberg) -- Few places in the U.S. have felt the sting of inflation like Arizona’s largest city, Phoenix, an unwelcome problem for Democratic Senator Mark Kelly as he wages a re-election bid that is crucial to his party’s efforts to keep control of Congress.

(Bloomberg) -- For the wave of executives turning into digital nomads since the pandemic, there’s nowhere more accommodating than Lisbon. That’s according to research by real estate broker Savills Plc, which ranked 15 prime residential markets by their appeal to long-term remote workers.

HSBC Holdings Plc skirted a wave of issues facing the global economy to post better-than-estimated earnings in the first three months of the year. The London-based bank reported adjusted pretax profits of $4.

(Bloomberg) -- Kenya’s markets regulator is considering allowing blank-check firms to list on the local stock market in an attempt to spur initial share sales in East Africa’s biggest economy.