News
Elon Musk Sells Another Billion in Stock
Tech billionaire Elon Musk has almost fulfilled his November promise to sell 10% of his Tesla stock after famously putting...
76% of Oil Execs Say High Prices Will Speed Energy Transition
A strong majority of oil executives state that prices over $60 per barrel will boost or complement their energy transition...
Inflation May Derail Expected US GDP Growth: St. Louis Fed
Headline and core inflation for personal consumption expenditures will be at their highest in at least 30 years, according to...
Pew: Republicans Lose Trust in National Media
Only 35% of Republicans have at least some trust in national news organizations, according to a June study by the...
US Starts Publishing First Stats on SPEs
The United States Bureau of Economic Analysis (BEA) published its first statistics on special purpose entities (SPEs), defined as entities...
Crude oil demand in China will peak in 2030
Oil demand in China will peak in 2030 at 780 million tons annually, up from earlier estimates by the state...
US BEA: Real GDP up in 37 States in 3Q21
Real GDP increased in 37 states and the District of Colombia in 3Q21, as real GDP increased at an annual...
Minneapolis Fed: Income Volatility on the Rise
One year of unemployment today causes a 50% greater hit to long-term earnings than in 1985, according to a Minneapolis...
USBLS: September Compensation Average $37.24 per Hour
Compensation costs in private industry averaged $37.24 per hour in September 2021 with wages and salaries averaging $23.36 per hour...
Dallas Fed: Texas Manufacturing Up
Texas factor activity increased at an above average pace in December, according to the Dallas Federal reserve’s Texas manufacturing Outlook...
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