Powell Suggests Possible Interest Rate Cuts; Wall Street Responds with Strong Rally
Powell hints at interest rate cuts; Wall Street cheers with big rally Benzinga | Detroit Free Press Trump officials traded before tariffs announcements. What we know now. Trump administration officials sold stocks days before key tariff announcements. Here’s what we know now about the timing and growing ethics concerns. Markets were caught off guard. Economists […]
Apple Enjoys Strongest Week in Years; Trump Reshapes Fed Leadership
Apple notches best week in years; Trump shakes Fed leadership Benzinga | Detroit Free Press Gold reaches record highs amid global uncertainty Gold hits record highs as central banks turn to it amid global uncertainty and market volatility. Apple announced $100 billion in new U.S. manufacturing investments, sending its shares up over 10% for the […]
Trade Agreements Boost Wall Street Gains as Trump Intensifies Criticism of the Fed
Trade deals fuel Wall Street gains while Trump renews Fed attack Benzinga | Detroit Free Press Citgroup, Bank of America top profit forecasts on strong trading revenue Wall Street banks posted strong quarterly results as they benefited from volatile markets in the first three months of 2025. Citigroup and Bank of America topped estimates for […]
US Stock Futures Show Mixed Trends as Earnings Reports Continue
US stock futures mixed amid more earnings reports US-Japan reach trade deal, setting tariff rate at 15% President Donald Trump said Japan will pay a tariff rate of 15%, which is lower than his initial threat of a 24% tariff. U.S stock futures are mixed amid more earnings reports, including from two of the so-called […]
U.S. Stock Futures Climb as Investors Anticipate Earnings Reports and Tariff Updates
US stock futures rise as investors eye more earnings and tariff news Trump to slap 30% tariffs on Mexico, EU beginning Aug. 1 President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs. U.S. stock futures rise as investors […]
Federal Oil and Gas Leasing and Its Impact on Greenhouse Gas Emissions | American Enterprise Institute
Federal Oil and Gas Leasing and Greenhouse Gas Emissions | American Enterprise Institute In a recent paper, Brian C. Prest of Resources for the Future asks “How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?” I shunt aside here a critique of Prest’s methodological approaches. What is interesting is the utter absence in his analysis of […]
US Stock Futures Dip as Investors Consider Additional Trump Tariffs
US stock futures lower as investors mull more Trump tariffs President Donald Trump pushes Fed to lower interest rates President Donald Trump sent a note to the Fed chair asking him to lower interest rates. U.S. stock futures are lower as investors mull more tariffs from President Donald Trump. Trump slapped a 50% tariff on […]
Federal Oil and Natural Gas Leasing Revenue Reaches Nearly $8.5 Billion in 2023
Federal Oil & Natural Gas Leasing Revenue Tops Nearly $8.5 Billion in 2023 Revenues from oil and natural gas leases on onshore federal lands totaled $8.497 billion in 2023, according to a new Congressional Research Service (CRS) report. In fact, oil and natural gas leasing represents a whopping 93 percent of the total federal revenue […]
Federal Oil and Gas Leasing Strategy May Extend to Maine Coastline
Federal oil and gas leasing plan could include Maine coast The Trump administration is developing an offshore oil and gas leasing plan that could include waters in the Gulf of Maine. The Natural Resources Council of Maine warns there are no economically recoverable fossil fuels in the region and that drilling risks environmental and economic […]
Contesting Federal Approvals for New Oil and Gas Drilling on California’s Public Lands
Challenging Federal Approvals for New Oil and Gas Drilling on California Public Lands The Bureau of Land Management has never analyzed the cumulative harms of its oil and gas well approvals on nearby communities and the environment in California’s San Joaquin Valley. Dirty air in the San Joaquin Valley has caused devastating health harms in […]