Today: September 21, 2024
Today: September 21, 2024

Latest From Laila Kearney

Business|Economy|Finance|World

Oil prices fall as Fed rate cut stirs economic worries, storage report mixed

Oil prices slipped lower on Wednesday as a rate cut announcement from the Federal Reserve raised worries about the health of the U.S. economy, while investors

Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
MidEast|World

Oil settles $1 down after US job data revised significantly lower

Oil prices settled down by $1 a barrel on Wednesday after the U.S. government revised sharply lower a set of employment statistics closely watched by investors

Oil settles $1 down after US job data revised significantly lower
Business|Technology

North America sees 70% jump in data center supply in construction, CBRE report says

The amount of data center supply under construction in North America's top markets jumped by about 70% compared to a year ago to a record 3.9 gigawatts, according

North America sees 70% jump in data center supply in construction, CBRE report says
Asia|Business|Finance|News

Oil prices jump on prospect of widening Middle East war shrinking supply

Oil prices jumped by more than 3% on Monday, rising for a fifth consecutive session on expectations of a widening Middle Eastern conflict that could tighten global

Business|Economy|Technology

Talen Energy offers up nuclear-powered crypto mining campus stake, sources say

Talen Energy is looking to sell its stake in a cryptocurrency mining operation powered by its Pennsylvania nuclear plant in a process marketed to both data center

Talen Energy offers up nuclear-powered crypto mining campus stake, sources say
Economy|News

Oil falls 1.5%, ends week lower on China demand fears

Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East

Oil falls 1.5%, ends week lower on China demand fears
Economy|News

Oil prices finish higher as US oil, fuel inventories ease

Oil prices settled higher on Wednesday, supported by large declines in U.S. crude and fuel stocks, but hovered close to their lowest level in six weeks due to

Oil prices finish higher as US oil, fuel inventories ease
Economy|Finance

Oil prices fall 2% to six-week low on ceasefire talks, demand concerns

Oil prices fell about 2% to a six-week low on Tuesday on rising expectations of a ceasefire in Gaza and growing concerns about demand in China.

Oil prices fall 2% to six-week low on ceasefire talks, demand concerns
Business|Economy|Technology

Talen asks US regulators to reject challenge to Amazon data center deal

Talen Energy has asked U.S. regulators to reject a challenge to its recent Amazon data center deal, which is being opposed by a group of electric utilities that

Talen asks US regulators to reject challenge to Amazon data center deal
Business|Economy|Environment|News

Oil prices rise on fuel demand expectations, easing US dollar

Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand and as tensions in the Middle East and drone attacks on Russian

Oil prices rise on fuel demand expectations, easing US dollar
Economy|News

Oil prices ease on strong dollar, mixed global economic news

Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world

Oil prices ease on strong dollar, mixed global economic news
Economy|Environment

NY power grid faces shortfalls as new energy supply lags, operator says

New York's electric grid will face supply shortfalls if the rate of retiring old fossil fired power plants continues to quickly outpace the addition of clean new

Business|Economy|News

Oil dips after hitting seven-week highs on demand hopes, war jitters

Oil prices dipped on Wednesday after hitting seven-week highs as summer demand optimism and concerns over escalating conflicts offset an industry

Oil dips after hitting seven-week highs on demand hopes, war jitters
Business

Crypto miner lawsuit sets back US effort to track booming power use

U.S. officials this week indefinitely withdrew a survey aimed at gathering information on the crypto-mining industry's power use, hindering attempts to understand

Crypto miner lawsuit sets back US effort to track booming power use
Business|Economy

Oil falls on prospect of higher-for-longer US rates, stronger dollar

Oil prices fell by nearly $1 a barrel on Friday as comments from U.S. central bank officials indicated higher-for-longer interest rates, which could hinder demand

Oil falls on prospect of higher-for-longer US rates, stronger dollar
Business|Economy

Oil settles down on US jobs data, steepest weekly loss in 3 months

Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal

Oil settles down on US jobs data, steepest weekly loss in 3 months
Economy

Oil prices ease on Gaza ceasefire possibility, dollar strength

Oil prices sank in early Asian trading on Friday on the possibility of a nearing Gaza ceasefire, which could loosen global supply, at the same time a stronger U.S

Oil prices ease on Gaza ceasefire possibility, dollar strength
Business|Science|Technology

US power, tech companies lament snags in meeting AI energy needs

U.S. electrical systems are not expanding fast enough to meet rapidly growing power needs of technology like Generative AI, prompting data center businesses to

US power, tech companies lament snags in meeting AI energy needs
Economy|Environment|Science|Technology

US solar installations hit quarterly record, making up 75% of new power added, report says

Solar accounted for 75% of electricity generation capacity added to the U.S. power grid early this year as installations of panels rose to a quarterly record,

US solar installations hit quarterly record, making up 75% of new power added, report says
Business|Economy|News

Oil up on OPEC+ meeting, summer driving season and weaker US dollar

Oil prices gained more than $1 a barrel on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of U.S.

Oil up on OPEC+ meeting, summer driving season and weaker US dollar
Economy|News

Oil up after US economic data strengthens rate cut expectations

Crude prices edged up on Thursday after data showed a stabilizing U.S. job market, fueling expectations that the Federal Reserve could begin to cut interest rates

Oil up after US economic data strengthens rate cut expectations

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