Environment

The top 10 things to watch on Wednesday, Oct. 18 1. U.S. stock are under pressure in premarket trading Wednesday, with S & P 500 futures down 0.47%. Bond yields are steady, with that of the 10-year Treasury holding above 4.8%. And oil prices climb higher amid escalating tensions in the Middle East, as West

Heavy electrical transmission lines at the powerful Ivanpah Solar Electric Generating System, located in California’s Mojave Desert at the base of Clark Mountain are viewed near Primm, Nevada, July 15, 2022. George Rose | Getty Images News | Getty Images The world has to add or replace 49.7 million miles of transmission lines by 2040

A police officer speaks to Swedish climate activist Greta Thunberg moments before she was arrested outside the InterContinental London Park Lane during the “Oily Money Out” demonstration organised by Fossil Free London and Greenpeace on the sidelines of the opening day of the Energy Intelligence Forum 2023 in London on October 17, 2023. Henry Nicholls

The floating solar photovoltaic power plant by EDPR Sunseap Group, a unit of Energias de Portugal SA, in Woodlands, in Singapore, on Wednesday, Dec. 7, 2022. Bryan van der Beek | Bloomberg | Getty Images Southeast Asia is home to some of the world’s fastest-growing economies. As energy demand grows, the region is turning to

The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Tether froze 32 virtual wallets linked to crypto-funded terrorism and warfare in Israel and Ukraine, according to a media release published on Monday. Tether, which issues the

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. equities were mixed in midmorning Thursday — the S & P 500 was down 0.13%, while the Nasdaq Composite rose 0.13% — following the release of the Labor

In this article @CL.1 XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT Workers connect drill bits and drill collars used to extract oil in the Permian basin outside of Midland, Texas. Brittany Sowacke | Bloomberg | Getty Images After three and a half years, a tripling in the S&P 500 Energy Index, and many soon-to-be-forgotten

A 3d digital rendering of a metal hydrogen pipeline. Phonlamaiphoto | Istock | Getty Images President Joe Biden and Secretary of the U.S. Department of Energy Jennifer Granholm will announce on Friday seven regional “hydrogen hubs” which are collectively eligible for up to $7 billion in federal funding, according to senior White House administration officials.

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. equities moved lower in midmorning trading Friday, with the S & P 500 down 0.2% and the Nasdaq Composite down 0.68%. Jim Cramer said that the market is

In this article DUK NEE Follow your favorite stocksCREATE FREE ACCOUNT A rendering of a hydrogen energy storage gas tank for clean electricity solar and wind turbine facility.3d rendering Vanit Janthra | Istock | Getty Images One of the most generous tax credits in Biden’s landmark climate bill, the Inflation Reduction Act, is the production

Bloomberg | Getty Images Oil prices on Friday rose 4% after the U.S. tightened sanctions against Russian crude exports, exacerbating supply concerns in an already tightly balanced energy market. International benchmark Brent crude futures with December expiry traded 3.9% higher at $89.34 per barrel at around 6:25 a.m. ET, while front-month November U.S. West Texas

Caroline Ellison, former chief executive officer of Alameda Research LLC, leaves Manhattan Federal Court after testifying during the trial of FTX CEO Sam Bankman-Fried, on October 10, 2023 in New York City.  Michael M. Santiago | Getty Images In an all-hands meeting on the evening of Nov. 9, 2022, Alameda Research employees gathered in a

In this article @SM.1 @S.1 @BO.1 GT Follow your favorite stocksCREATE FREE ACCOUNT Soybeans have become a cornerstone of American agriculture, contributing $124 billion to the U.S. economy in 2022, according to a study conducted by the National Oilseed Processors Association and the United Soybean Board. “Soybeans’ contribution to the U.S. economy is only increasing

Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images The International Monetary Fund has raised its growth forecast for India, saying the country’s growth will remain strong in 2023 and 2024 — but analysts warn there will be headwinds

In this article XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in Hamas‘ war on Israel. “If Iran enters the war, we’re going to see much higher oil prices,

Workers install solar panels during the completion phase of a 4-acre solar rooftop atop AltaSea’s research and development facility at the Port of Los Angeles, in the San Pedro neighborhood, on April 21, 2023 in Los Angeles, California. Mario Tama | Getty Images California Gov. Gavin Newsom on Saturday gave the greenlight for the state’s

In this article BAC ENOG-GB Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open

In this article BAC 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up

Lawyers for the U.S. Attorney’s office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. Source: SDNY Sam Bankman-Fried has traded a luxury penthouse in the Bahamas for a decidedly different top-floor setting: a criminal courtroom in downtown Manhattan. He’s roughly 1,100 miles away

Saudi Energy Minister Prince Abdulaziz bin Salman addresses the opening session of the Middle East and North Africa Climate Week in Riyadh, on Oct. 8, 2023. Fayez Nureldine | Afp | Getty Images The influential Saudi and Russia-led oil producers’ alliance is preventively prepared to wait months for guidance from “real numbers” before adjusting policies