Stocks, crude oil advances despite higher interest rate expectations

reuters | February 23, 2023

By Chibuike Oguh NEW YORK (Reuters) -Global equities and crude oil rebounded from earlier losses on Thursday even as economic data continued to show the strength of the U.S. economy and validated the Federal Reserve’s tight monetary policy stance. A U.S. Labor Department report on Thursday showed that new claims for unemployment benefits unexpectedly fell […]

New Biden EV charger rules stress Made In America, force Tesla changes

reuters | February 15, 2023

By Jarrett Renshaw and Hyunjoo Jin (Reuters) -The Biden administration on Wednesday issued long-awaited final rules on its national electric vehicle charger network that require the chargers to be built in the United States immediately, and with 55% of their cost coming from U.S.-made components by 2024. The White House hopes the new rules, issued […]