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What is the the Inflation Reduction Act?'

How the Inflation Reduction Act changed the world. This is Part 1 of 9 in our Series from Financial Times. 'What is the the Inflation Reduction Act?'

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Verified Live

to think about _ different areas of the world. does a to think about in _ different areas of the world. does a to think about in terms _ different areas of the world. does a to think about in terms of— different areas of the world. does a to think about in terms of public- to think about in terms of public health and infrastructure in terms of energy provisions and there are discussions in hawaii as there have beenin discussions in hawaii as there have been in areas of the western united states and other parts of the world and for example, is it sensible to shut off electricity so our lines are less likely to go and spark wildfires. that is not an easy decision and many people depend on electricity for cooling and medical devices and these are trade—offs and answers and having all of the affected parties.— answers and having all of the affected parties. thank you very much. around the world and across the uk. this is bbc news. let's look at some other stories making news. police say two men who were stabbed in south london

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Anderson Cooper 360

unprecedented and unacceptable. and we cannot support that precedent. >> instead of saying, patting us on the head and saying, it could have been worse, they could have said, this is the end of the fossil fuel give aways. i'm pretty discouraged and frustrated that it has come to this. >> so, that last congressman, jared huffman, reporting to interaction he had with the white house earlier today, where they said, it could have been a lot worse. but he was concerned about the energy provisions that were in there. it's uncertain how many democrats will vote for this. but the democrats are expected to give us -- provide enough support to offset republican losses to get the vote in a matter of minutes. >> assuming it passes the house tonight, how likely is it to pass the senate. >> it's expected to pass as soon as tomorrow night. that's the push for mitch mcconnell and chuck schumer. they want to get this done. for this united states you need all 100 senators to agree to having actually scheduling the vote. so, any one senator can delay

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Anderson Cooper 360

democrats voting with republicans, but there are 29 republicans who voted against that rule, showing there is some opposition on both sides of the aisle. but there are folks on the left to believe the white house conceded and gave mccarthy far too much in this negotiation. >> using this process to negotiate legislation in spending, which has never happened before, is unprecedented and unacceptable, and we can't support that precedent. >> instead of saying, padding is on the head and saying could have been worse, they could have said, this is the end of the fossil fuel giveaways. i'm pretty discouraged and frustrated that it has come to this. >> that last congressman referring to interaction he had with the white house earlier today where they said it could've been a lot worse but he was concerned about some of the energy provisions in. there it's onshore how many democrats will vote for this, but the democrats are expected

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CNN Tonight

problem, biden is also facing, and democrats are facing a tough problem with this bill as well. this bill is something that neither side is happy about. republicans think it is extending the debt ceiling for too long into 2025, there's not enough spending cuts and it, democrats are saying they are against the work requirements for some of these social welfare programs as well as the energy provisions. so i don't want to get to wonky, but, another side is happy. >> it's the first time that one of those backward deals could bite him in the bucket? >> yes, it actually is. so honestly it is one of the biggest test for mccarthy so far, speaker, another one was when they were trying to pass their immigration bill a couple weeks ago. but, he really has had so far, i know it is only about to be into tune a couple of months since he has been speaker, but he is had an easy go at it. there haven't been a lot of these really controversial fights. the debt ceiling as by and far the biggest, and hardest

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Oil Giants Shed 5-8% Amid Plunging Oil Prices

After losing between 6-7% on Wednesday, plunging oil prices are taking their toll on energy equities, with share prices of both American and European oil companies falling fast

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Crude Oil Inventories Build But PrCrude Oil Inventories Build But Products Take A Tumbleoducts Take A Tumble

Crude prices moved little after the API reported a small crude build, but a relatively large draw in product inventories

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Oil Falls Again As Traders Remain Concerned About U.S. Banks

Oil markets continued to be disrupted by the failure of Silicon Valley Bank and Signature Bank over the weekend, with oil prices losing nearly 3% just shy of the closing bell on Monday.

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Climate law could mean 92,000 jobs in the Mountain West

President Biden’s Inflation Reduction Act’s climate and energy provisions could create or preserve 1 million U.S. jobs., including tens of thousands in the Mountain West.

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