Utility Bills Soar as California Imposes Hefty Fixed Charges
The California Public Utility Commission has approved an increase in fixed utility charges to $24.15 for most customers starting in 2025.
The California Public Utility Commission has approved an increase in fixed utility charges to $24.15 for most customers starting in 2025.
U.S. unemployment claims have spiked to an eight-month peak, signaling brewing troubles in the labor market.
The U.S. Treasury Department has extended a general license allowing specific transactions with Venezuela’s PDVSA until November 15.
The University of Michigan's Consumer Sentiment Index dropped to a six-month low of 67.4, indicating widespread concerns about inflation, interest rates, and labor market stability.
Japan's expensive efforts to stabilize the yen have largely failed, underscoring deeper economic issues amid global financial tensions.
Americans need relief, not regulation, in their struggle to find affordable housing.
Ikea warns of economic strain as rising unemployment and lower energy use prompt retail price cuts in a slowing market.
China leads the global solar panel market with an 80% share, significantly outpacing the EU and US in capacity.
The California Public Utility Commission has approved an increase in fixed utility charges to $24.15 for most customers starting in 2025.
U.S. unemployment claims have spiked to an eight-month peak, signaling brewing troubles in the labor market.
The U.S. Treasury Department has extended a general license allowing specific transactions with Venezuela’s PDVSA until November 15.
The University of Michigan's Consumer Sentiment Index dropped to a six-month low of 67.4, indicating widespread concerns about inflation, interest rates, and labor market stability.
Japan's expensive efforts to stabilize the yen have largely failed, underscoring deeper economic issues amid global financial tensions.
Americans need relief, not regulation, in their struggle to find affordable housing.
Ikea warns of economic strain as rising unemployment and lower energy use prompt retail price cuts in a slowing market.
China leads the global solar panel market with an 80% share, significantly outpacing the EU and US in capacity.
Bailing out the banks is cool and all, but bailing out the central banks is even cooler.
Declining diesel margins due to increased refinery output and reduced demand are challenging the global oil sector.
Marathon Digital's Q1 revenue of $165.2 million fell short of expectations due to operational setbacks.
The real U.S. unemployment rate could be up to 7.7%, revealing hidden economic strain as millions remain uncounted after leaving the workforce.
Rising inflation deepens economic disparities, with luxury sectors growing as general consumer brands struggle.
Japan's yen keeps falling despite interventions, weighed down by energy dependence and eurodollar impacts.