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U.S. Economy

How Rio Tinto is poised to benefit from the EV boom

by Horatio Thompson
How Rio Tinto is poised to benefit from the EV boom

Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America’s transition to clean energy. Global demand for copper, a …

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TikTok should be demonetized unless China hands algorithm

by Walter Watson
TikTok should be demonetized unless China hands algorithm

Senator Marco Rubio, a Republican from Florida and ranking member of the Senate Intelligence Committee, during a hearing in Washington, D.C., on March 8, 2023. Bloomberg | Bloomberg | Getty …

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Strategists give cautious predictions for 2024

by Walter Watson
Strategists give cautious predictions for 2024

A security guard at the New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images With central banks …

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CFPB fines Bank of America $12 million for mortgage violations

by Vera Ward
CFPB fines Bank of America  million for mortgage violations

A man walks past an ATM outside Bank of America Corp. headquarters in Charlotte, North Carolina, May 2, 2016. Chris Keane | Bloomberg | Getty Images WASHINGTON — The Consumer …

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Home prices rose in September even as mortgage rates surged

by Anas Siddiqui
Home prices rose in September even as mortgage rates surged

A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Higher mortgage rates appear to be doing very little to cool home prices. Nationally, …

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U.S. needs ‘bipartisan’ leadership and a ‘strong middle’: Ray Dalio

by Vera Ward
U.S. needs ‘bipartisan’ leadership and a ‘strong middle’: Ray Dalio

As the U.S. gears up for its next presidential election in 2024, the country needs a “strong middle” political ground and bipartisan cooperation, according to Ray Dalio, founder of investment …

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Biden slams corporations over high consumer costs

by Vera Ward
Biden slams corporations over high consumer costs

U.S. President Joe Biden speaks about efforts to strengthen United States supply chains that effect economic and national security, during the first meeting of the new White House Council on …

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Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says

by Walter Watson
Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says

The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg | Bloomberg | …

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Republican Celeste Maloy wins Utah’s 2nd Congressional District

by Vera Ward
Republican Celeste Maloy wins Utah’s 2nd Congressional District

Celeste Maloy speaks during the 2nd Congressional District Republican primary debate for outgoing Rep. Chris Stewart’s seat, Friday, Aug. 4, 2023, in Farmington, Utah. Rick Bowmer | AP Republican Celeste …

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Biden proposes ban on cable cord cutting fees

by Vera Ward
Biden proposes ban on cable cord cutting fees

US President Joe Biden speaks during a meeting on progress to counter the flow of fentanyl into the US, in the Roosevelt Room of the White House in Washington, DC, …

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