Your electric bill is going up – a lot
By STUART VARNEY I’ve been hearing from my relatives in Britain. They’re not happy. Their electricity bills have doubled in the last two months. They are paying the price for…
San Francisco Fed Blames Inflation on Biden Admin. Spending
By Jack Gournell The San Francisco Federal Reserve on Monday issued a study suggesting that government spending bills passed during the Biden administration are contributing to current inflation. “Fiscal support…
In Texas, calls to boost U.S. oil production after Russian invasion run into hard realities
Mitchell Ferman MIDLAND — After Russia invaded Ukraine last month and the U.S. and major energy companies boycotted Russian oil and gas, some politicians quickly called for cranking up American…
Biden to Propose New Minimum Tax on Wealthiest Americans
By Richard Rubin, Andrew Duehren WASHINGTON—President Biden will propose a new minimum tax on households worth more than $100 million as part of his annual budget, the White House said…
Elon Musk continues to tease a new social media platform to replace Twitter
by Jenny Goldsberry Tesla CEO Elon Musk suggested that a new platform is needed to compete with Twitter amid the social media website’s recent suspensions of users for tweeting out…
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Sen. Manchin launches new push for ‘all of the above’ energy bill
Maxine Joselow, Anna Phillips, Tyler Pager Sen. Joe Manchin III (D-W.Va.) has restarted talks with fellow Democrats about reviving the party’s climate and social spending bill, according to two people…
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
By Barbara Kollmeyer “The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital…
Farmers Paying Triple for Fertilizer: We’re Not the Ones Raising Food Costs
By Beth Brelje Beep, beep, beep. It’s the familiar sound of food scanned and placed into bags at your local grocery store. You just went in for a few things…
Biden’s pursuit of Venezuelan oil while shunning US energy and Keystone XL slammed: ‘climate craziness’
Bradford Betz White House and State Department officials traveled to Caracas earlier this month to meet with Venezuela’s authoritarian President Nicolás Maduro after Biden banned imports of Russian oil over…
Biden administration plans to resume plans for federal oil and gas development
By Nichola Groom (Reuters) -The Biden administration on Friday said it would resume plans for oil and gas development on federal lands following a court ruling this week that temporarily…
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Biden’s gas tax gaslighting
BY CHARLIE SAUER When gas prices climbed rapidly, the Biden administration blamed the oil companies and Russian President Vladimir Putin. What the administration and Democrats in Congress cannot admit, at…
Nickel Trading Resumes in London After a Rescue Deal for Chinese Tycoon Reached
By Emel Akan Did China halt nickel trading to save Chinese Banks? Nickel trading resumed on the London Metal Exchange (LME) on March 16 after being suspended for more than…