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Economy, Energy

“The Coming Electricity Crisis”

April 2, 2024

“President Biden and the press keep raising alarms about a climate crisis that his policies can’t do much about. Yet in the meantime they’re ignoring how government climate policies are contributing to a looming electric-grid crisis that is more urgent… Continue Reading…

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Economy

“US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate”

April 1, 2024

“…The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that the economy expanded at a 3.2% rate last quarter…”… Continue Reading…

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Business

“Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales”

April 1, 2024

“Home Depot on Thursday said it is acquiring SRS Distribution in an $18.25 billion deal, the latest and largest sign of its ambitions to drive sales by winning more business from contractors, roofers and other home professionals. The home improvement retailer expects… Continue Reading…

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Business, Economy

“…Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics”

March 28, 2024

“CHANDLER, Ariz. — In the booming Phoenix metro area, Washington policymakers’ rare bipartisan push to bolster national security in their high-tech arms race with China brings major enthusiasm for something more basic: jobs. A fresh influx of $8.5 billion in CHIPS… Continue Reading…

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Economy

[U.S.] “…Francis Scott Key Bridge collapse ‘will spark US food & car supply [chain] issues…’” [Increased Prices]

March 27, 2024

“THE… bridge collapse in Maryland will result in widespread disruption to trade but Americans are set to avoid a return to the supply chain chaos seen during the Covid-19 crisis, experts have said. Shipping has been suspended at the Port… Continue Reading…

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Economy

[U.S.] “Democratic cities that welcomed [illegal aliens] are starting to roll back aid”

March 27, 2024

“When a wave of migrants began arriving in Democratic-run cities far from the Southern border two years ago, officials welcomed them with open arms. Now they’re limiting aid to new arrivals as their instinct for compassion confronts hard budgetary realities.… Continue Reading…

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Economy, Energy

“8 states are planning to BAN the sale of gas-powered cars entirely – after Biden unveiled ambitious plans to phase them out by 2032”

March 27, 2024

“At least eight states are planning to ban the sale of new gas-powered cars in the next decade – and others are considering joining them. Only zero-emission vehicles can be sold in participating states beginning from the 2035 model year, according… Continue Reading…

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Economy, Energy

“…USA is now producing more oil and gas than any nation ever has” [So why is gas so expensive?]

March 27, 2024

“The US Energy Information Administration (EIA) said in January that US domestic production of crude oil for September 2023 set a new all-time high of 13,247,000 barrels per day. That fact probably deserved more notice than it received given that it was… Continue Reading…

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Economy

“U.S. hits new low in World Happiness Report”

March 22, 2024

“…Why it matters: Some countries, like Finland and Denmark, consistently rank among the world’s happiest. The U.S. isn’t one of them. The big picture: A steady supply of studies has found that Americans feel glum about issues ranging from loneliness to the economy and the… Continue Reading…

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Business

“56% of Americans can’t afford a $1,000 emergency expense: We are ‘living in a paycheck-to-paycheck nation,’ money expert says”

March 22, 2024

“Only 44% of Americans surveyed said they could use their savings to pay for an unexpected expense, instead opting to put it on a credit card or borrow cash from family or friends…” https://www.cnbc.com/2024/03/19/why-now-is-a-smart-time-to-build-emergency-savings.html

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