Business

Court Strikes Down Trump Order to Keep an Aging Coal-Burning Plant Running

The 64-year-old Michigan power plant was set to retire. Then the Trump administration intervened in a way that overstepped its authority, a court ruled.The 64-year-old Michigan power plant was set to retire. Then the Trump administration intervened in a way that overstepped its authority, a court ruled. Decisions and Verdicts, Coal, Regulation and Deregulation of Industry, […]

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Gulf Tankers Are Running Out of Ways to Export Oil: ‘These Waters Aren’t Safe’

Ship operators already faced severe risks in navigating the region, and now the danger is higher as Houthi militias assert control in the Red Sea.Ship operators already faced severe risks in navigating the region, and now the danger is higher as Houthi militias assert control in the Red Sea. US and Israeli Attack on Iran (2026),

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Diesel Jumps Above $6 a Gallon, Adding to Inflation Pressure

The price of U.S. diesel fuel hit to a new high over mounting fears that fighting in the Middle East could further threaten oil supplies.The price of U.S. diesel fuel hit to a new high over mounting fears that fighting in the Middle East could further threaten oil supplies. Oil (Petroleum) and Gasoline, US and Israeli

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Elevated Inflation Keeps Pressure on Fed to Raise Rates

The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report.The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report. Inflation (Economics), United States Economy, Federal Reserve System, Interest

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Bessent Takes on the Bond Vigilantes

As a rout in the bond market deepens, the pressure grows on Treasury Secretary Scott Bessent to restore calm.As a rout in the bond market deepens, the pressure grows on Treasury Secretary Scott Bessent to restore calm. internal-storyline-no, Bessent, Scott, Treasury Department, Stocks and Bonds, Mortgages, Standard & Poor’s 500-Stock Index, Inflation (Economics), US and Israeli

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