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  • Sep 05, 2024

Airlines and Other Oil Buyers Jump on Chance to Lock In Prices

(Bloomberg) -- Airlines and other oil consumers are taking advantage of crude’s slump to the lowest level in a year to buy some protection against a rebound in prices.Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatWorld's Second-Tallest Tower Tests Malaysia's Appetite for More SkyscrapersThey are piling in to option

  • Sep 05, 2024

Fed seeks feedback on emergency lending operations

The Federal Reserve said on Thursday it was seeking feedback on how it operates its "discount window," which is intended to provide emergency lending to banks in times of stress. The Fed said it wanted comments on various aspects of how banks deal with the window, including the collection of legal documentation, pledging and withdrawing collateral, and extending credit. The solicitation marks the latest effort by the Fed to tweak the discount window, which banks have long resisted utilizing out of concern that it carries a stigma that could undermine stability in times of stress.

  • Sep 05, 2024

Trump Vows 15% Corporate Tax and Taps Musk for Federal Audit

(Bloomberg) -- Donald Trump pledged to cut the corporate tax rate, slash regulations and audit the federal government, embracing an idea proposed by billionaire backer Elon Musk, as he pitched his agenda to Wall Street and corporate leaders in New York.Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatWorld's Second-Ta

  • Sep 05, 2024

Yellen Says Labor Market ‘Healthy,’ Amid Unemployment Rise

(Bloomberg) -- Treasury Secretary Janet Yellen said the US job market remains healthy and touted “very solid” consumer and investment spending, even as recent data suggest some cooling is taking place.Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatWorld's Second-Tallest Tower Tests Malaysia's Appetite for More Skysc

  • Sep 05, 2024

We Need DePIN to Get to Net-Zero Emissions

To achieve the net-zero goal ASAP, we must find a way to actively integrate end consumers into the energy market. The answer is Decentralized Physical Infrastructure Networks,...

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