Articles by tag: economy
Amidst the global energy market turbulence, the U.S. faces significant shifts in its energy prices and energy complex. Adding to the concerns, the Biden administration’s decision to offer zero oil and gas lease sales in 2024, influenced by the U.S. wind power industry, is set to further strain the supply-demand balance. The spotlight is […]
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2024 Elections Will Be Determined by Voters’ Biases, Not the Economy, Research Suggests
The belief that a strong economy guarantees an incumbent’s re-election has long been a staple of political wisdom and the 2024 elections will be no different. This idea suggests that voters are driven by their wallets. As a result, they reward those in power when times are good and oust them when financial […]
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Can You Find Your Home Sweet Home in This Unpredictable Housing Market?
In the fluctuating landscape of the current unpredictable housing market, potential homebuyers are navigating high mortgage rates, volatile economic conditions, housing changes and a tightening inventory. Home prices have shown a slight decline with the median existing-home sales price dropping 0.9% to $375,700 in March compared to a year ago. It’s the second month […]
Energy
Gasonomics: Mergers and Acquisitions in the Energy Sector
The energy economy has been unpredictable as of late for a number of reasons, including the changing of federal administration in early 2021. As a result, the amount of mergers and acquisitions in the energy sector has been lower. How does this happen, what does it mean for current energy solutions, and what can be […]
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The Inflation Train Slows Overall But Gains Renewed Month-to-Month Steam. What Does This Mean for Businesses?
Gauging the consequences and status of persisting inflation can be a slippery endeavor, as most inflation news usually carries good and bad elements. Based on the most recent inflation update, the February CPI report, inflation seems to be meagerly slowing down; consumer prices have risen 6% since last February, down from the 6.4% YoY increase […]
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A Deep Dive into this Week’s International Energy Complex
On the latest episode of Gasonomics, Tim Snyder of Matador Economics takes a deep dive into the recent week’s energy complex. The macro data is out: the consumer price index, producer price index, and retail sales for this time reveal new worries for a continuation of the numbers – and mean lower markets with higher […]
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A Sharp Increase in Mexican Steel Imports is Posing Risks for U.S. Manufacturing and U.S. National Economy
The rapid increase of Mexican steel imports can have some dire consequences in the near future for the American economy. Several years ago the U.S. and Mexico agreed to a tariff deal that would allow Mexican steel to be imported duty-free into the U.S., while also under the terms that it would not exceed a […]
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DTECH 2024: Looq AI’s Digital Transformation Empowers Engineering and Grid Resilience
Engineering and grid resilience were top of mind at DISTRIBUTECH 2024, and AI solutions paved the way for exciting advancements that will transform the industry. Artificial Intelligence (AI) is revolutionizing the utilities and energy sectors by enhancing efficiency, reliability, and customer service. AI accelerates processes, improves decision-making, streamlines testing procedures in utilities, predicts system […]
Technology and Education at a Crossroads: Tech Creates Jobs, But Can Education Keep Up? Time to Reform
In an era where technological advancement shapes the contours of our daily lives, understanding the interplay between digital infrastructure and education becomes pivotal. The recent episode of Straight Outta Crumpton illuminates this critical junction, offering insights into how technology and education can serve as catalysts for societal transformation. Hosted by Gabby Bar and Greg […]
From Hydrogen Fuel Cells to SCIB Batteries: Toshiba’s Push Towards Greener Data Centers
The European Commission has introduced a new voluntary rating system to assess and enhance the sustainability and energy efficiency of data centers across the European Union, as part of a broader strategy to reduce greenhouse gas emissions. But the push for greener data centers extends beyond the EU: Even globally, the data center industry […]
The Keys to Buying and Selling Small Businesses with Exit Factor Founder Jessica Fialkovich
The impending “Silver Tsunami” signifies a significant shift in buying and selling small businesses, with around 12 million businesses set to change hands due to baby boomer retirements over the next decade. This transition poses challenges and opportunities for small to mid-sized business owners aiming for profitable and smooth exits or acquisitions. A critical […]
Why You Need to Pay Attention to the Rising Cost of Diesel
Welcome to 2023, a year of change. Given last year’s waves of inflation, many are hopeful this year will bring in lower prices and higher purchasing parity. However, while some markets in the U.S. are trending toward recovery, others, like grocery prices, are still on the rise. What might be happening behind the scenes […]
Real Estate Prices are Falling, but Interest Rates are Rising. Manhattan Real Estate Sales are Dipping as a Result…What’s in Store for the Future?
Housing prices soared during the peak of the pandemic in 2020 at a 30-year record-high appreciation rate of two percent between May and July. The price tags in real estate are finally falling a bit, but the interest rates are going the opposite way, says Forbes. What is the result? The industry is seeing some […]
How Rising Prices will Impact the Economic Forecast for Spring 2023
Global economies are still reeling and the results of that have shown up the year-end reviews of how several markets have performed. Tim Snyder, Economist at Matador Economics, recently discussed a few of these notable changes and his predictions for this spring. His economic forecast: a lot of fluctuation. For example, the energy complex recently started […]
Will Consumers Be Seeing Higher Prices as the Result of the Tightened Supply Chain?
Key Points: Consumers are going to see many more price increases by other producers as long as supply chain issues continue. Companies are trying to to figure out if these issues are temporary or if they’re the new normal. The biggest problem in the supply chain process is tension between companies hesitant to adapt […]
US Economy Adds 943,000 Jobs in July, Far Exceeding Expectations
The Bureau of Labor Statistics released the encouraging data on Aug. 6. Economists had predicted an addition of 870,000 jobs in July. Data for June was also updated and showed gains with 938,000 jobs added in that month. Economists seem optimistic about the U.S. economy’s recovery. “I have yet to find a blemish in this […]
3 Ways Extreme Heat Can Hurt the Economy
As dozens of cities in the West experience all-time high temperatures, 2021 is expected to have one of the hottest summers on record. The extreme heat has caused hundreds of deaths, sparked wildfires and worsened drought conditions in over a dozen states. Business Insider cites a large body of work that links heat to economic […]
Wingstop Shares Tumble After Chicken Wing Prices Start Soaring
(Bloomberg) — Wingstop Inc. is falling Wednesday despite a strong earnings report as investors increasingly fear inflationary risks as the price of chicken wings keeps rising. The Dallas-based chain saw its shares plunge as much as 10% at the open before bouncing back. They were down 4.5% at around noon. Price hikes could pressure its […]
Key Takeaways From the June U.S. Retail Sales Data
US Retail sales jumped .6% in June over May and 18% over June of last year. Tune in below as Stacey Widlitz, president of SW Retail Advisors, breaks down the June U.S. retail numbers and what they mean for the American economy. “I think what’s most interesting is a lot of brands are saying that’s […]
White House Optimistic About New Infrastructure Deal
Heather Boushey, member of the U.S. Council of Economic Advisers, says the Biden administration is optimistic about the infrastructure deal struck with a bipartisan group of senators. Watch below for more on the recent deal. Host: Let’s talk about first the bipartisan part of this and what this accomplishes, how much of the president’s plan […]