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Luke Sharrett | Bloomberg | Getty Images Dan Yergin expects oil at $90 in 2023 but says there’s a chance it could go as high as $121 when China fully reopens, but warned there are three major uncertainties looming over the market. “Our base case for 2023 is $90 for Brent but you have to

In this article CORZ Follow your favorite stocksCREATE FREE ACCOUNT Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina Carey McKelvey Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar

Emissions-producing diesel trucks and cars pass non-polluting windmills along the 10 freeway on December 8, 2009 near Banning, California. Getty Images The Biden administration on Tuesday announced stricter standards on smog-forming emissions from trucks, vans and buses starting in the 2027 model year, the first of several federal actions aimed at limiting vehicle pollution. Medium

FTX founder Sam Bankman-Fried was sent back to a Bahamas jail Monday in a chaotic courtroom scene, after a reported plan for him to waive his extradition to the U.S. stalled. However, multiple media reports later in the day said that he had told his Bahamian lawyer to proceed with extradition hearings, and he’s now

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 Monday’s key moments. We like industrials Believing in Amazon Still bullish on LLY 1. We like industrials Wall Street was lower Monday, especially the Nasdaq , continuing last week’s losses. Morgan Stanley said

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. Weak PMI data is good for Fed When to add to energy stocks Stay bullish on Estee Lauder 1. Weak PMI data is good for Fed Stocks fell Friday ,

Before his surprise Monday night arrest, Sam Bankman-Fried had apologized for everything he could think of, to everyone who would listen. In a leaked draft of his aborted House testimony, he wrote that he was truly, for his entire adult life, “sad.” He “f—– up,” he tweeted, and wrote, and said. He told Bahamas regulators

An artist rendering of the advanced nuclear power reactor demonstration project that Bill Gates’ nuclear innovation company, TerraPower, plans to build in the frontier-era coal town, Kemmerer, Wyoming. Rendering courtesy TerraPower TerraPower‘s advanced reactor demonstration will face delays of at least two years because its only source of fuel was Russia, and the Ukraine war

Solar panels create electricity on the roof of a house in Rockport, Massachusetts, U.S., June 6, 2022. Picture taken with a drone.  Brian Snyder | Reuters When Josh Hurwitz decided to put solar power on his Connecticut house, he had three big reasons: To cut his carbon footprint, to eventually store electricity in a solar-powered

We’re buying 150 shares of Halliburton (HAL) at roughly $35.73 each. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 2,375 shares of HAL, increasing its weighting in the portfolio to about 3.04% from about 2.85%. Markets are once again in selloff mode Friday, dropping for the third straight session, as investors continue to worry

Accounting firm Mazars Group has suspended all work with its crypto clients. The decision to cut ties with Binance, KuCoin and Crypto.com comes just after the global accounting firm released “proof of reserve” reports for several digital asset exchanges. The move comes as major cryptocurrency exchanges look to prove their solvency, and show they have enough money

Wind turbines and power transmission lines at a wind farm near Highway 12 in Rio Vista, California, on Tuesday, March 30, 2021. David Paul Morris | Bloomberg | Getty Images America’s electrical grid is being pushed to the breaking point, and California, parts of the Midwest and parts of the South Central United States are

The nuclear fusion breakthrough heralded on Tuesday was a historic event, culminating decades of research. At the same time, fusion power will not be contributing electricity to any power grid for at least a decade, according to most industry watchers. To get there, there will have to be many more technical breakthroughs beyond what was

FTX founder Sam Bankman-Fried (2nd L) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022.  Mario Duncanson | AFP | Getty Images Days before FTX’s bankruptcy filing last month, co-CEO Ryan Salame told Bahamian authorities that founder Sam Bankman-Fried may have committed fraud by sending

The EU is nearing a deal over a cap on gas prices. Helder Faria | Moment | Getty Images The European Union is nearing an agreement over a cap on natural gas prices, with Brussels already starting preparations for the next winter as the global energy crisis shows no signs of going away. EU energy

The EU wants to cut greenhouse gas emissions by at least 55% by the year 2030, compared to 1990. Justhavealook | E+ | Getty Images Plans for the European Union’s Carbon Border Adjustment Mechanism took a significant step forward Tuesday morning after a provisional deal between the Council of the EU and members of the

The National Ignition Facility target chamber at the Lawrence Livermore National Laboratory is where scientists shoot lasers and watch and measure what happens when those lasers collide on a fuel source. Temperatures of 100 million degrees and pressures extreme enough to compress a target up to 100 times the density of lead are created in

Tom Williams | CQ-Roll Call, Inc. | Getty Images Sam Bankman-Fried’s arrest in the Bahamas on Monday marks the beginning of a new chapter in the FTX saga, one that will pit the former crypto billionaire against the Southern District of New York. The indictment is expected to remain sealed until Tuesday morning. U.S. prosecutors

This image, from Sept, 2022, shows a liquefied natural gas tanker arriving at a port in the Netherlands. Siese Veenstra | AFP | Getty Images The power crisis gripping Europe has little to do with Vladimir Putin and it could be argued that the Russian leader’s actions have helped improve the situation, according to Per

The European Central Bank has raised concerns over an idea to impose a cap on gas prices in Europe. Haussmann Visuals | Moment | Getty Images The European Central Bank is worried about the potential risks to financial markets from an EU-wide cap on natural gas prices. The bloc has been in intense discussions for