The Federal Reserve’s battle against inflation has been complicated by the sudden outbreak of war, which occurred just as February’s inflation data showed a steady 2.4% annual rate. While core …
The British utility landscape is set for a shake-up following Ofgem’s decision to grant Tesla a formal electricity supply licence. This approval empowers the company to sell electricity directly to …
Staff at the UK’s largest employee-owned retailer are set to receive their first bonus in four years, ending a long drought for the partnership’s workforce. The 2% payout follows a …
Shipping lanes in the Middle East have turned into a theater of war, pushing international oil benchmarks back into triple digits this Thursday. Iranian forces have reportedly struck multiple merchant …
Hopes for a reprieve from high borrowing costs have been dampened by the economic fallout from the escalating US-Israel-Iran conflict. The OBR has cautioned that the resulting energy price shock …
The Mississippi Department of Environmental Quality has authorized the use of 41 methane gas turbines at xAI’s newest datacenter. This permit allows the Elon Musk-led company to operate a makeshift …
SpaceX is currently weighing a historic public debut on the Nasdaq exchange that could redefine the scale of the IPO market. Insider reports suggest the aerospace firm is eyeing a …
In a bold move for the energy industry, President Donald Trump has announced a $300 billion agreement to construct a new oil refinery in Texas. Located at the Port of …
The effective closure of the Strait of Hormuz has created a massive 20-million-barrel daily deficit in the global oil market, pushing prices into a period of extreme volatility. On Monday, …
Major U.S. banks are weighing a rare legal strike against the Office of the Comptroller of the Currency over its pro-crypto stance. Representing forty of the nation’s largest lenders, the …