Category: Industries

December 2, 2021

More companies have been locking in long-term supplies of renewable energy in recent years as a way to cut greenhouse-gas emissions. For some, the deals offered another benefit in 2021: protection from higher prices as a surge in demand scrambled […]

December 2, 2021

Even Christmas trees aren’t immune to the pandemic-induced shortages and inflation plaguing the economy. Extreme weather and supply chain disruptions have reduced supplies of both real and artificial trees this season. American shoppers should expect to have fewer choices and […]

December 1, 2021

Jefferies strategist Christopher Wood has said oil could hit $150 if economies return fully to normal from the pandemic, as rising demand for fossil fuels runs into a supply squeeze. “In a world that really reopens — which is a […]

November 30, 2021

The emergence of a worrisome coronavirus variant is benefiting shares of vaccine makers Moderna Inc (MRNA), BioNTech (BNTX) and Pfizer. Moderna shares have jumped 28% since last week when the variant, named Omicron, triggered global alarm. Shares of vaccine partners […]

November 30, 2021

U.S. bank profits fell 1.2% in the third quarter of 2021 to $69.5 billion as firms were slower to shrink their credit loss provisions and grappled with low interest rates, the Federal Deposit Insurance Corporation reported Tuesday. Bank profits are […]

November 29, 2021

Consumers are expected to spend between $10.2 billion and $11.3 billion on Monday, making it once again the biggest online shopping day of the year, according to Adobe Digital Economy Index. Still, spending on what’s known as Cyber Monday could […]

November 29, 2021

It’s been a big year for crude oil prices. After flopping below zero last April matters have changed quite a bit. Oil prices caught a major last November, on the heels of the election, printing a bullish engulfing pattern as […]

November 23, 2021

The United States is expected to announce a loan of crude oil from its emergency stockpile on Tuesday as part of a plan it hashed out with major Asian energy consumers to lower energy prices, a Biden administration source familiar […]

November 22, 2021

Zoom Video Communications Inc. sales growth slowed last quarter as the extra demand for remote work and the company’s videoconferencing application eased, along with a pullback in the Covid-19 pandemic. The San Jose, Calif.-based company said its sales rose 35% […]

November 19, 2021

When the pause on student-loan payments ends in 74 days, 8 million borrowers will re-enter the system already behind on their bills. Massachusetts Sen. Elizabeth Warren wants to make sure they don’t lose out on wages and child tax credits […]