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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…
Energy ‘insecure’ households in US paid higher bills in 2020, says EIA
(Reuters) – U.S. households that faced challenges in paying for their basic energy needs were billed about 19% more per square foot than the national average in 2020, the U.S. Energy Information…
Russian central bank warns higher rates may be needed to bring inflation to target
MOSCOW (Reuters) – Russia’s central bank issued a hawkish signal on Tuesday, just over a week before it is next due to set interest rates, warning that pro-inflationary risks of growing consumer…
Car sales push Irish retail sales sharply higher again
DUBLIN (Reuters) – Annual Irish retail sales volumes rose sharply again last month due to another surge in car sales, jumping 7.5% year-on-year, Central Statistics Office data showed on Monday. When a…
National Professor Organization Calls On Academics To Fight Florida Higher Ed Reforms ‘Tooth And Nail’
National Professor Organization Calls On Academics To Fight Florida Higher Ed Reforms ‘Tooth And Nail’ Alexa Schwerha on May 24, 2023 A national organization for professors released a preliminary report on Wednesday…
Higher interest rates boost hedge fund stock borrowing to record high – Goldman
By Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients on Wednesday, as rising interest rates make…
Bank of Montreal quarterly profit rises on higher interest income
(Reuters) – Bank of Montreal’s second-quarter profit jumped as higher interest rates shored up the lender’s net interest income, the Canadian bank said on Wednesday. Net income excluding one-off items rose to…
Brazil stocks to keep drifting higher on mixed company results: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazilian stocks are expected to keep drifting higher this year on mixed company earnings, as food exporters feel the pinch from…
NZ central bank to hike by 25 bps, risk grows of higher peak for rates
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank is expected to deliver a 25-basis point hike on Wednesday, but the focus will be on whether the policy rate will peak…
Bath & Body Works beats quarterly profit estimates on higher prices
(Reuters) – Bath & Body Works Inc beat first-quarter profit expectations on Thursday, as higher product prices outweighed cost pressures and a slowdown in demand, sending its shares up over 9% in…
Marketmind: Fed rates to stay higher for longer, debt drama goes on
(Reuters) – A look at the day ahead in U.S. and global markets from Samuel Indyk. The Federal Reserve is saying something and markets might finally be starting to listen. Tuesday’s plethora…
DeSantis Signs Legislation Eliminating Diversity, Equity And Inclusion In Higher Education
DeSantis Signs Legislation Eliminating Diversity, Equity And Inclusion In Higher Education Alexa Schwerha on May 15, 2023 Republican Florida Gov. Ron DeSantis signed legislation into law on Monday to eliminate diversity, equity…
Australia’s InvoCare gets higher $1.3 billion offer from TPG, shares jump
By Scott Murdoch and Himanshi Akhand (Reuters) -Australia’s InvoCare Ltd shares jumped nearly 12% on Monday after it revealed a higher A$1.86 billion ($1.26 billion) offer from global private equity firm TPG…
EU exec sees stronger 2023, 2024 euro zone growth, but higher inflation
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone economic growth will be faster than previously expected this year and next thanks to faster expansion in Italy and Spain, but inflation will also…
British home-buyers, facing higher interest rates, retreat in April – RICS
By Suban Abdulla LONDON (Reuters) – British property surveyors reported a drop in demand in April as new buyers turned more cautious ahead of the Bank of England’s latest expected interest rate…
Australia to predict lower unemployment, higher wages in looming budget
SYDNEY (Reuters) – Australia’s government is set to cut its forecasts for inflation while also predicting lower unemployment for longer in 2023/24 budget next week, a mix that it hopes will generate…
America’s ‘Climate’ Governor Is Leaving Office With Emissions And Energy Prices HIGHER Than When He Got There
America’s ‘Climate’ Governor Is Leaving Office With Emissions And Energy Prices HIGHER Than When He Got There John Hugh DeMastri on May 4, 2023 Democratic Gov. Jay Inslee of Washington is leaving…
EOG, Coterra beat profit estimates on higher prices, oil demand
(Reuters) -U.S. shale producers EOG Resources Inc and Coterra Energy Inc beat first-quarter estimates on Thursday, joining their peers in benefiting from a sustained fuel demand and tight crude supplies. Shares of…
BorgWarner sees annual sales below estimates on supply snags, higher costs
(Reuters) – BorgWarner Inc on Thursday forecast full-year sales below analysts’ estimates as supply chain issues continued to weigh on the auto supplier, sending the company’s shares down nearly 2% in premarket…
Etsy tops revenue estimates on demand for personalized products, higher fees
By Granth Vanaik (Reuters) – Etsy Inc on Wednesday beat market expectations for quarterly revenue, benefiting from demand for products such as personalized gifts offered on its e-commerce platform as well as…
European shares end higher with eyes on Fed, oil stocks fall for second day
By Shreyashi Sanyal (Reuters) -European shares climbed on Wednesday, a day after their biggest fall in a month, as speculation mounted the U.S. Federal Reserve might deliver its last interest rate hike,…
Copper to drift higher, but struggle to rally: Reuters poll
By Eric Onstad and Ashitha Shivaprasad LONDON/BENGALURU (Reuters) – Copper prices are due to recover slightly in coming months, supported by low inventories, but the upside will be curbed by weak physical…
Loblaw reports higher quarterly sales on strong demand for groceries, drugs
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods including groceries and drugs. Retailers industry-wide have lately been relying on sales…
Barrick beats quarterly profit estimates on higher prices
(Reuters) – Canadian miner Barrick Gold Corp beat Wall Street expectations for first-quarter profit on Wednesday, as higher prices of the metal outweighed a decline in production. Average prices of gold rose…
Trump Vows To Save Students From ‘Radical Left’ In New Higher Ed Agenda
Trump Vows To Save Students From ‘Radical Left’ In New Higher Ed Agenda Alexa Schwerha on May 2, 2023 Former president Donald Trump unveiled his plan to reform higher education in his…
Bleach maker Clorox raises annual forecasts on higher prices
By Granth Vanaik and Jessica DiNapoli (Reuters) – Clorox Co raised its annual sales and profit forecasts on Tuesday, banking on higher product prices that helped the household staples maker overcome a…
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