Lower prices offer Americans slight reprieve from inflation
WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month,…
August 9, 2022
Twitter Down For Thousands Of Users – Downdetector
(Reuters) – Twitter Inc was down for thousands of users on Tuesday, according to outage tracking website Downdetector.com. Downdetector, which…
U.S. Power Use To Reach Record High In 2022 As Economy Grows, EIA Says
(Reuters) – U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy…
Ecuador’s Debt Payments Not Affected By Luxembourg Asset Freeze – Government Says
By Alexandra Valencia QUITO (Reuters) – Ecuador’s capacity to meet its external debt obligations has not been affected by a…
Russia curtails oil shipments to central Europe
Several countries in Europe dependent on Russian energy suffered another blow with confirmation Tuesday that oil shipments have stopped through…
Warren Buffett’s company has bet $47B on the oil sector
OMAHA, Neb. (AP) — Warren Buffett’s company has bought up more than $11 billion worth of Occidental Petroleum stock this…
Biden Signs Bill To Boost U.S. Chips, Compete With China
By David Shepardson and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday signed a landmark bill to provide $52.7…
Dreaded ‘down Rounds’ Shave Billions Off Startup Valuations
By Manya Saini (Reuters) – Several high-flying startups are being brought down to earth, as a recent carnage in global…
Most electric vehicles won’t qualify for federal tax credit
DETROIT (AP) — A tax credit of up to $7,500 could be used to defray the cost of an electric…
U.S. Accuses Chinese Company Of Helping ZTE Hide Business With Iran
By Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department on Tuesday accused Far East Cable, China’s largest wire and cable…