Economy Archives - Page 32 of 61

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.

Just 1% of Americans Describe Biden’s Economy as ‘Excellent’ Ahead of Midterms, Poll Shows

September 2, 2022 - 10:10 am by Nick R. Hamilton

Just 1 percent of American voters describe the economy under Democrat President Joe Biden as “excellent,” a new poll has revealed.

Exxon Takes Legal Action over Putin Blocking Exit from Russia

September 1, 2022 - 1:02 pmSeptember 1, 2022 - 10:10 am by Nick R. Hamilton

ExxonMobil is taking legal action against Russia after President Vladimir Putin blocked the Texas-based fossil fuel company from leaving the country.

Russia Halts Gas Flows to Europe, Germany Claims ‘No Cause for Alarm’ Yet

August 31, 2022 - 12:11 pmAugust 31, 2022 - 10:10 am by Nick R. Hamilton

Russia has halted gas supplies to Europe via a key European supply route citing maintenance issues, according to reports.

‘Black Swan’ Author Says Colleges Should Pay for Biden’s Student Loan Wipeout, Not Taxpayers

August 30, 2022 - 1:35 pmAugust 30, 2022 - 10:10 am by Nick R. Hamilton

Economist Nassim Nicholas Taleb has criticized President Joe Biden’s controversial student loan debt forgiveness plan.

Germany’s Fears of Winter Gas Shortages Ease as Storage Fills up Faster than Expected

August 29, 2022 - 11:23 amAugust 29, 2022 - 10:10 am by Nick R. Hamilton

Germany’s Economy Minister Robert Habeck has announced that the German government’s fears of major natural gas shortages over the winter are easing.

Facebook to Settle Cambridge Analytica Data Privacy Lawsuit

August 28, 2022 - 1:08 pmAugust 28, 2022 - 10:10 am by Nick R. Hamilton

Meta’s Facebook has agreed to settle a lawsuit that alleges the social media platform inappropriately shared user data with third parties, including Cambridge Analytica.

Fed’s Powell Warns of Economic Pain: Inflation Fight Will Last ‘Some Time’

August 28, 2022 - 6:43 amAugust 27, 2022 - 10:10 am by Nick R. Hamilton

Federal Reserve Chairman Jerome Powell has warned Americans to brace for a long period of economic pain, revealing that he expects the fight against inflation will last “for some time.”