Why 2023 was a tough year for commodities even as gold and orange-juice prices hit records
A number of commodities made notable moves in 2023, with gold and frozen orange-juice prices reaching record highs, but key commodities indexes are on track...
A wall of debt rolling over: Here’s what’s scaring Bridgewater’s co-CIO
A weak session is setting up for Tuesday, with oil under pressure after unexpectedly downbeat China export data. So the preference is for bonds this...
Eurozone Inflation Drops Sharply Amid Energy Deflation, Economic Contraction
Updated Oct. 31, 2023 6:37 am ET Consumer prices are slowing more than expected in the eurozone, driven in part by falling energy prices but...
AI boom to beat electricity and PCs, $200B investment by 2025: Goldman Sachs By Cointelegraph
[ad_1] © Reuters. Artificial intelligence could eventually have a bigger financial impact on the American economy than electricity and personal computers, according to economists at...
America’s Grid Has A Multi-Trillion Dollar Problem
Numbers are out again permitting us to update our US electric grid’s reliability report card. Last year, 2022, was nowhere near as bad as 2021–the...
Biden budget proposes 30% tax on crypto mining electricity usage By Cointelegraph
[ad_1] © Reuters. United States crypto miners could eventually be subject to a 30% tax on electricity costs under a budget proposal by President Joe...
A Crisis Is Looming For The U.S. Energy Grid
As U.S. energy infrastructure continues to go largely neglected and city populations keep rising, certain regions of America are under threat of electricity shortages for...
Kentucky to scrutinize contracts offering cheaper electricity to miners By Cointelegraph
[ad_1] The Kentucky Public Service Commission (PSC) has reportedly opened a formal investigation into two proposed contracts that would offer discounted electricity prices to new...
Moody’s Expects Power Prices In Europe To Stay Higher-For-Longer
Europe’s power prices will not come off historically high levels anytime soon as the supply for all electricity generation sources is tight and likely to...
Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Read: Sequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside JPMorgan is predicting a “cascade of margin calls,...