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Europe: +44 (0) 207 198 1634 Yesterday, Bill Gates announced The Breakthrough Energy Coalition, which is a $2 billion fund he is establishing with other wealthy folks and the University of California. It is aimed at closing the cost premium between legacy energy sources and those that reduce carbon emissions. The subtext is clear: Businesses won’t become fully engaged in combating […]
Equities and the Economy After a few lackluster sessions U.S. equities jumped nicely yesterday with the Dow gaining 168 points, 0.85%, ending at 17,888, the S&P 500, the winner for the day, climbed 23 points, 1.09%, to 2,103 and the Nasdaq added 47, 0.93%, to 5,156. The S&P closed above 2,100 for the first time […]
Equities and the Economy U.S. equities closed modestly lower yesterday with the Dow falling 79 points, 0.4%, to 17,720, the S&P 500 losing 10 points, 0.5%, and the Nasdaq closing down 19, 0.4%, at 5,209. The consumer discretionary sector, which includes companies like Macy’s, Kohl’s, Wal-Mart and Target, were the big losers on the day. […]
Drought has brought the water level at Lake Oroville in California close to a record low. Credit Ruth Fremson/The New York Times A solid majority of Americans say the United States should join an international treaty to limit the impact of global warming, but on this and other climate-related questions, opinion divides sharply along partisan […]
Source: Provided by GasBuddy.com U.S. retail regular-grade gasoline prices continue to decline, averaging $2.09 per gallon (g) as of November 23, 73 cents lower than this time last year and the lowest heading into a Thanksgiving holiday weekend since 2008. Traditionally, the Thanksgiving holiday is one of the heaviest travel times of the year in […]
Equities and the Economy I hope everyone had a wonderful holiday. Let’s get to last Wednesday and Friday (yes, the market was open for an abbreviated session on Friday) and get it over with. The trading was light and nothing really happened. On Wednesday the Dow and S&P 500 ended virtually unchanged to Tuesday and […]
Equities and the Economy U.S. stocks bounced back nicely yesterday from initial knee jerk selling on the news of Turkey shooting down a Russian military jet. In the morning Dow futures were down over a hundred points but rallied back nicely with all the major bourses closing in the green, marginally, but in the green. […]
Equities and the Economy Good morning. After last week’s big gains U.S. equities began the week on a quiet note with the Dow closing down 31 points at 17,793, the S&P 500 falling 2 points to 2,087 and the Nasdaq slipping 2 to 5,102. Chatter. While M&A activity usually gives a boost to the equity […]
Source: U.S. Energy Information Administration, Energy-Related Carbon Dioxide Emissions at the State Level, 2000-13 The United States has a diverse energy landscape that is reflected in differences in state-level emissions profiles. Since 2005, energy-related carbon dioxide (CO2) emissions fell in 48 states (including the District of Columbia) and rose in 3 states, on a per […]
Equities and the Economy U.S. equities had their best week of the year last week pushing the indexes upward. The Dow gained 91 points, 0.51%, ending at 17,824, the S&P 500 added 8, 0.37%, to 2,089 and the Nasdaq rose 31 points, 0.62%, finishing at 5,105. For the week the S&P gained almost 3.3%, a […]
