35 million Californians now have a reopened economy amid "more energy, more optimism"
San Diego, Riverside, Ventura and.....»»
Eaton"s Waukesha plant to advance U.S. clean energy economy with tax credit infusion
Eaton Corp.'s plant in Waukesha has been awarded $1.3 million in federal investment tax credits to support manufacturing and workforce training in the advancement of clean energy projects......»»
Enphase Energy Q1 Earnings: Revenue, EPS Come In Below Estimates Amid "Softening" US Demand
Enphase Energy reported first-quarter revenue of $263.3 million, which missed the consensus estimate of $281.95 million, according to Benzinga Pro. read more.....»»
UK inflation more than doubled to a one-year high in April as the economy reopened and energy prices soared
UK inflation rose 1.5% in April, its fastest .....»»
UK inflation jumped 1.5% in April as the economy reopened and Brits boosted their spending
Higher energy and clothing prices caused UK inflation to rise considerably as the government loosened economic restrictions in April. The UK government loosened coronavirus res.....»»
The economy added almost 1 million jobs in March, but 14.3 million people are still jobless
While the unemployment rate fell to 6% amid a surge in hiring, Insider calculates the "real" rate used by the Fed and the Treasury still sits at 8.7%. Moviegoers s.....»»
Airline stocks climb on economic recovery optimism as Senate approves landmark stimulus package
Airlines were among the hardest hit when large swaths of the global economy shut down at the start of the pandemic. LINDSEY WASSON/Reuters Shares of airline companies rose on Monday amid surging optimism around the ongoing economic.....»»
An old Ted Cruz tweet mocking California"s "failed energy policies" resurfaces as storm leaves millions of Texans without power
Over 4 million Texans are currently without power amid a rare winter storm bringing record-low tempera.....»»
FuelCell"s stock soars toward matching longest win streak in nearly 7 years
Shares of FuelCell Energy Inc. soared 19.8% on heavy volume toward a more than 2-year high in afternoon trading Wednesday, amid continued optimism surrounding COVID-19 aid deal Congress passed this week, which included provisions for.....»»
Asian stocks set to rise on optimism of post-lockdown recovery, stimulus
Asian stocks were set to rise on Friday amid investor optimism about the re-opening of the U.S. economy from coronavirus lockdowns and possibly more stimulus that could fuel a recovery......»»
US stocks trade mixed as economic-reopening hope offsets dismal jobs report
Getty Images / Xinhua News Agency US stocks traded mixed on Wednesday amid continued efforts by the US government to reopen the economy. Investors looked past a dismal report from ADP showing that US companies lost 20.2 million jobs in April. .....»»
NuStar reports $148M first quarter net loss amid struggling market
NuStar Energy LP reported a net loss of $148 million for the first quarter as the oil and gas market struggles. The net loss, which equates to $1.68 per unit, comes as NuStar (NYSE: NS) recorded a $225 million noncash goodwill impairment charge due t.....»»
Amid the coronavirus pandemic, there"s a glimpse of a post-oil world
Lucy Nicholson/Reuters The sudden shutdown of the world economy in response to the coronavirus has caused changes in energy.....»»
Crude Oil Bounce Gives Energy Stock A Lift As Market Volatility Ebbs
In addition to some optimism from the House’s approval of a second round of funding aimed to help the economy, stock market participants also seem to be taking some cheer from the continue.....»»
Metals Stocks: Gold ends lower as optimism over potential coronavirus treatment, reopening of economy dulls its haven appeal
Gold futures end lower on Friday, with investors shunning haven assets amid early optimism over a drug that’s anecdotally shown potential to treat COVID-19 and the release of a road map to gradually reopening the U.S. economy......»»
Metals Stocks: Gold loses ground as optimism over potential coronavirus treatment, reopening of economy dulls its haven appeal
Gold futures retreat Friday, with investors shunning haven assets amid early optimism over a drug that’s anecdotally shown potential to treat COVID-19 and the release of a road map to gradually reopening the U.S. economy......»»
Devon Energy to reduce 2020 capex by another $300 million amid slumping oil price
Devon Energy Corp. said Monday it is reducing its 2020 capex budget by an additional $300 million, cutting it by a total of $1 billion, or 45%, compared to its original budget. The latest reduction will be driven by the deferral of.....»»
Market Snapshot: Dow rallies 1,600 points as Wall Street holds out hope for coronavirus rescue plan
U.S. stocks surge Tuesday as optimism grows over efforts to rescue the economy from the effects of the coronavirus epidemic, amid reports that lawmakers were getting closer to a deal on a large fiscal stimulus package......»»
Phillips 66 cuts budget, suspends share repurchases amid low oil prices
Houston-based Phillips 66 (NYSE: PSX) is the latest major energy company to slash spending plans for 2020. The cuts include a $700 million reduction in 2020 capital spending, bringing Phillips 66's budget to $3.1 billion, according to a March 24 press r.....»»
Economic Preview: Job creation seen tapering off in December amid tight labor market and slower economy
The U.S. economy probably added enough new jobs last month to push employment gains in 2019 above 2 million for the ninth straight year, but the pace of hiring is slowing. Here’s what to watch in the December U.S. jobs report due on Friday......»»
Futures Movers: Oil gains on trade-talk optimism, hopes for OPEC extension and forecasts for lower U.S. production
Oil prices edged higher Tuesday amid hopes that trade talks between China and the U.S. will ultimately result in a deal that sustains global economic growth and energy demand while OPEC restrains production......»»