(Bloomberg) — Economists see US inflation running hotter through next year than they did a month ago and recession odds continue to mount against a backdrop of rising borrowing costs. Most Read from Bloomberg Projections for the personal consumption expenditures price index — the Federal Reserve’s preferred inflation metric — were raised for each quarter … Read more
Breadcrumb Trail Links PMN Business Commodity traders are turning their attention to lithium, as surging demand shakes up the way the battery metal is bought and sold Author of the article: Bloomberg News Mark Burton, Archie Hunter and Yvonne Yue Li w4vlgtm5us7z21nas3i1mr1p_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — When the oil market liberalized in the … Read more
Americans bought more than 200,000 electric cars in the third quarter — a first. Electric car sales grew faster than any other segment of the auto industry. Americans bought 67% more electric cars in the third quarter of 2022 than in the same period in 2021, according to our third-quarter Electrified Light Vehicle Sales Report. … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content U.S. natural gas futures gained about 1% on Friday on forecasts for hotter weather through mid August than previously expected, which should force power companies burn more gas to keep air conditioners humming rather than injecting the fuel into storage for the winter. Gas-fired … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content U.S. natural gas futures jumped about 5% to a five-week high on Friday on forecasts for hotter weather and higher demand next week than previously expected and ongoing problems with a turbine needed to boost output on the Russia-Germany Nord Stream gas pipe. That … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content U.S. natural gas futures gained about 2% to a five-week high on Friday on forecasts for hotter weather and higher demand next week than previously expected and ongoing problems with shipping a turbine needed to boost output on the Russia-Germany Nord Stream gas pipe. … Read more
Among the Ivy After a terrible year (I was attacked in my home then suffered through a difficult divorce), my elderly parents visited and helped me pull the ivy that had swallowed my backyard. My father said, “Don’t let that take over again, Irene.” Ten years later, while grappling with stubborn regrowth, I found dad’s … Read more