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LA fires' heat, intensity driven by planet-warming pollution: Study

About a quarter of the fuel available for the wildfires that devastated the Los Angeles area was caused by human-induced climate change. the study Scientists at the University of California, Los Angeles made the announcement Monday. Researchers noted that the fires, the most destructive in the region's history, would have been as intense and destructive […]

Global Coal Demand at Record High in 2024 – Driven by China

the study published The International Energy Agency (IEA) revealed this month that global coal demand and global coal production hit new records in 2024, largely as a result of both supply and demand from communist China. China – the world’s worst polluted country by several indicators, include Carbon emissions – According to the IEA, “we […]

Southern California wildfires driven by Santa Ana winds burn 15K acres

Powerful Santa Ana winds near Los Angeles are raising the threat of the most severe wildfires in years across Southern California. Unrelenting wind gusts of 50 to 70 mph have created the perfect storm, leading to rapid fire spread and widespread evacuations. These conditions led to a devastating wildfire explosion in Ventura County on Wednesday. […]

Leading Economic Index Declines, Driven By Manufacturing and Housing Weakness

The leading U.S. economic index fell 0.5% in September, continuing a decline that could signal a slowdown in the coming months. The LEI, which predicts future economic activity, has fallen 2.6% over the past six months, with weak manufacturing orders and an inverted yield curve contributing to the decline. Economists had expected a decline of […]

The Fed’s 50 Basis Point Cut Was a Mistake Driven by Political Pressure

Fed Rate Cuts: A Premature Mistake Caused by Politics The Fed's 50 basis point interest rate cut in September was not only premature; driven by political pressure. Last Friday's employment statistics revealed a misjudgment. 254,000 new jobs, unemployment rate down to 4.1%Rather than stagnate, the labor market is growing stronger. Wages rose 4% from a […]

Bitcoin price recovery driven by growing US financial concerns – Cointelegraph

Bitcoin (BTC) has risen 2.4% since retesting the $59,900 support level on October 3, despite facing initial resistance at $62,000. The Oct. 4 rally was driven primarily by macroeconomic factors, including U.S. employment data, expectations for Japan's economic stimulus, and growing concerns about the U.S. financial system. In the United States, the economy is strong, […]