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Surging US energy shares reflect robust growth, inflation worries – Investing.com

Louis Krauskopf NEW YORK (Reuters) – U.S. energy stocks are soaring as investors look to protect their portfolios from a worrying resurgence in inflation while benefiting from higher oil prices and a better-than-expected economy. The energy sector is up about 17% in 2024, roughly doubling the year-to-date return of the broader index. Its rally has […]

As energy prices soar, Biden administration jacks up costs to drill on public lands

Pipeline welder Lynn Bugsy Allen claims she’s barely surviving after Biden canceled the Keystone XL pipeline. The Biden administration on Friday finalized rules that would make it more expensive for oil and gas companies to drill on public lands, even as energy prices and inflation remain on the rise. The Department of the Interior announced […]

Three newcomers have brought extra edge and energy to Yankees

Three of the Yankees’ most important players this offseason had potential character red flags. Juan Soto was part of the Padres’ clubhouse, but he reportedly wasn’t as strong last season as the superstar-laden team struggled. Marcus Stroman is known to be polarizing wherever he goes, and in 2019, after the Yankees’ GM said Stroman wasn’t […]

How It Started… How It’s Going: Energy prices soar as Biden pursues green agenda

The Morning with Maria panel examines March core CPI, expected Fed rate cuts, and the overall market outlook. Energy prices have soared by more than a third since President Biden took office in 2021 as stubborn inflation continues to burden Americans. Gasoline and housing costs were the biggest contributors to the 0.4% increase in March, […]

GOP Senate hopeful looks to distance himself from link to Texas green energy firm

Republican Utah Senate candidate Trent Staggs has taken a tough stance against progressive ideas on environmental, social, and governance (also known as ESG) issues during his campaign. But some may argue that his past is against him, as he previously served on the board of an ESG-focused company trying to stop climate change. Stags — […]

New England’s last coal plants set to shutter, ushering in era of green energy

New England’s last coal-fired power plant is scheduled to close within the next few years, making it the second region to phase out the energy source that has powered the U.S. economy for decades. Granite Shore Power, a New Hampshire-based power company, announced late last month that it had reached an agreement with federal regulators […]

Lizzo isn’t quitting music: ‘I quit giving negative energy attention’ | Lizzo

Lizzo released a statement last week that appeared to announce the musician’s intention to leave the entertainment industry. In a video posted to his Instagram on Tuesday, Lizzo said that saying “quit” meant surrendering to negative thoughts and not making or performing music. . “When I say quit, I mean I quit focusing on all […]

This unique energy stock is a 'grand slam' for investors, according to Benchmark – CNBC

Oilfield services company TechnipFMC became a “grand slam” for investors as its stock price hit multi-year highs and recently topped the $10 billion market cap, according to Benchmark. “In baseball terms, this is a grand slam in which the stock is viewed by momentum, value, large-cap, and income investors,” analyst Kurt Khalid told clients in […]

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