US inflation jumped 8.5% in past year, highest since 1981
WASHINGTON (AP) — Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.
BEIJING (AP) — Asian stock markets fell Monday and oil prices rose amid concern about a possible Russian invasion of Ukraine.
Tokyo's benchmark index fell by an unusually wide daily margin of 2.6%.
Consumer spending rebounds despite rising October inflation
WASHINGTON (AP) — U.S. consumer spending rebound in October, rising by a solid 1.3%, but inflation was up as well, rising over the past year at the fastest pace in more than three decades.
LONDON (AP) — Britain's energy regulator said Wednesday that it's looking to appoint an administrator to oversee the latest business casualty in the country's domestic energy market following the demand-led spike in gas prices.
World’s First High-Frequency Decentralized Energy Market Helps Drive Port of Rotterdam’s Energy Transition
ROTTERDAM, Netherlands and LONDON, Oct. 5, 2020 /PRNewswire/ -- The first high-frequency decentralized energy trading platform was successfully piloted at the Port of Rotterdam. Jointly developed by S&P Global Platts and BlockLab, Distro is a new microgrid electricity trading platform that leverages both Artificial Intelligence and Blockchain's distributed ledger technology.
DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88...
FRANKFURT, Germany (AP) — A clash of two oil titans - Saudi Arabia and Russia - is sending shock waves through energy markets, with wide-ranging implications for consumers and oil companies, including those in the No...
LONDON (AP) — Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U...
Pennsylvania and the nation need diverse energy resources to ensure our national security and global competitiveness and to maintain our leadership role around the world. As a former Pennsylvania governor and U.S.