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New bill in Trenton could send utility bills soaring even higher, lawmaker warns
TRENTON, N.J. — The New Jersey Senate Environment and Energy Committee has advanced Senate Bill No. 249, which would require electric utilities to create and implement plans to electrify building systems and…
Dow expects strong first-quarter sales on higher prices
By Arathy Somasekhar and Ruhi Soni -Dow Inc on Thursday forecast better-than-expected sales for the current quarter after fourth-quarter results beat estimates, helped by higher prices for its products as supplies remained…
Escalated Russia-Ukraine conflict would keep inflation higher longer -IMF
By Andrea Shalal and David Lawder WASHINGTON – An escalated conflict between Russia and Ukraine would likely further increase energy costs and commodities prices for many countries, keeping headline inflation rates elevated…
Jobless Claims Jump To 207,000, Higher Than Anticipated
Harry Wilmerding on January 6, 2022 The number of Americans who filed new unemployment claims increased to 207,000 in the week ending Jan. 1 as workers seek more attractive positions with better…
European Natural Gas Prices Surge Higher As Russia Withholds More Supply
The price of natural gas skyrocketed more than 30% in Europe on Tuesday after Russia continued to withhold key supplies with winter weather approaching. While the price, measured by the Dutch natural…
New Jersey tops 30,000 reported COVID-19 cases again, governor says actual count much higher
For the fourth day in the past week, New Jersey topped 30,000 positive COVID-19 cases in a single day. This comes as the state with one of the highest vaccination rates per…
Retail Sales Grew In October As Shoppers Faced Higher Prices Entering The Holiday Season
U.S. retail sales increased in October as shoppers faced the largest price increase in 30 years entering the holiday season. Retail sales, a measure of how much consumers spent on goods, increased…
White House Says Higher Gas Prices Show Need For Green Transition
White House press secretary Jen Psaki argued that higher gasoline prices, which critics blame the Biden administration for, highlight the need for a rapid transition to clean energy. “Our view is that…
A Higher Percentage Of Migrants Granted Asylum Under Biden: REPORT
A higher percentage of migrants were granted asylum under the Biden administration despite fewer applications filed during the COVID-19 pandemic, according to a new TRAC report released on Wednesday. Asylum grants increased…
‘Higher Bills For American Families’: House Republicans Demand Answers From Biden Administration On Energy Crisis
Republicans on the House Energy and Commerce Committee urged the Biden administration to lay out its plans for tackling the looming energy crisis. The representatives noted that the federal government was responsible…
‘Americans Are Hurting’: 19 States Urge Congress To Reject Policies That Would Cause Higher Energy Prices
A 19-state coalition urged Congress to reject a proposed methane fee that would punish producers as energy prices continue to surge. The legislation would cost consumers $14.4 billion and could jeopardize up…
POLL: Biden’s Approval Rating Has Gotten So Low That Kamala’s Is Now 6 Points Higher
President Joe Biden’s approval rating sunk to 43%, the lowest of his presidency and six percentage points below Vice President Kamala Harris, according to a poll from Gallup. Biden’s approval dropped six…
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