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Economy

America on Verge of Energy Disaster as Biden Dumps Money into Renewables, Expert Warns

September 12, 2022 - 10:10 am by Nick R. Hamilton

America is on the verge of disaster regarding energy supply and demand, and President Joe Biden’s administration is exacerbating the problem, a leading expert is warning.

Categories Economy Tags Biden, Business, Energy, Energy Crisis, News 4 Comments

Tesla Considering New Lithium Refinery in Texas

September 12, 2022 - 6:25 amSeptember 11, 2022 - 10:10 am by Nick R. Hamilton

Tesla is considering setting up a lithium refinery on the Texas Gulf Coast, according to reports.

Categories Economy Tags Business, China, Elon Musk, Lithium, News, Tesla, Texas Leave a comment

ECB Raises Interest Rates Further as Inflation Soars in Eurozone

September 12, 2022 - 6:15 amSeptember 10, 2022 - 10:10 am by Nick R. Hamilton

The European Central Bank (ECB) has hiked interest rates again on Thursday by the largest increment since the bank’s founding.

Categories Economy Tags Business, Christine Lagarde, Europe, European Central Bank, Inflation, Interest Rates, News 1 Comment

Fed May Require 7.5 Percent Unemployment to Lower Inflation

September 9, 2022 - 12:19 pmSeptember 9, 2022 - 10:10 am by Nick R. Hamilton

The U.S. Federal Reserve may require the American unemployment rate to rise to almost double its current level in order to control high inflation, a new report has suggested.

Categories Economy Tags Business, Federal Reserve, IMF, Inflation, Jerome Powell, News, Unemployment 2 Comments

How to Invest Money during a Recession

September 8, 2022 - 10:55 amSeptember 8, 2022 - 10:10 am by Nick R. Hamilton

With the United States currently being gripped by a recession, many are wondering how they can still invest their money amid the economic downturn.

Categories Economy Tags Business, Economy, Investments, News, Recession Leave a comment

Bed Bath & Beyond CFO Hit with Investor Lawsuit before Suicide

September 7, 2022 - 11:04 amSeptember 7, 2022 - 10:10 am by Nick R. Hamilton

The CFO and executive VP of retailer Bed Bath & Beyond (BBBY), Gustavo Arnal, was hit with a huge lawsuit from investors shortly before he committed suicide last week.

Categories Economy Tags Bed Bath and Beyond, Business, Gustavo Arnal, Lawsuit, New York City, News, Suicide 1 Comment

CERN May Be Forced to Shut Down Large Hadron Collider Due to European Energy Crisis

September 6, 2022 - 11:49 amSeptember 6, 2022 - 10:10 am by Nick R. Hamilton

The European Organization for Nuclear Research (CERN) maybe be forced to shut down its famous Large Hadron Collider (LHC) in Switzerland due to the growing energy crisis in Europe.

Categories Economy Tags Business, CERN, Energy Crisis, Europe, France, Large Hadron Collider, News, Switzerland 1 Comment

East Timor Uses China as Bargaining Chip during Energy Negotiations with Australia

September 5, 2022 - 11:35 amSeptember 5, 2022 - 10:10 am by Nick R. Hamilton

East Timor is using China as a bargaining chip in negotiations with Australia’s government over the construction of a gas pipeline from the resource-heavy Timor Sea.

Categories Economy Tags Australia, Business, China, East Timor, Energy, Gas, Jose Ramas-Horta, News, Pipeline Leave a comment

Judge Backs Biden, Rules in Favor of Wyoming Oil Lease Pause

September 4, 2022 - 10:10 am by Nick R. Hamilton

A federal judge has sided with Democrat President Joe Biden’s administration and ruled in favor of the government halting oil and gas leases in the state of Wyoming.

Categories Economy Tags Biden, Business, News, Oil 1 Comment

Shortage of Fracking Equipment Is Slowing US Shale Oil Output amid Energy Crisis

September 3, 2022 - 12:56 pmSeptember 3, 2022 - 10:10 am by Nick R. Hamilton

Fracking companies are reporting that shortages in hydrofracking equipment are causing shale oil output to slow down.

Categories Economy Tags Business, Energy, Energy Crisis, Fracking, News, Shale Leave a comment
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