Maryland Pushes PJM Power Market Reform
Data Centers Face Growing Scrutiny Maryland Governor Wes Moore is calling for reforms to PJM Interconnection, the largest electricity market in the United States, as rising power demand from data centers puts
EU Says Airlines Must Pay For Fuel Cancellations
Passenger Rights Stay In Force Airlines that cancel flights this summer because of jet fuel shortages or high fuel prices will still have to compensate passengers under European law, according to EU
Oakland Airport Keeps San Francisco Name
A Bay Area Airport Dispute Ends San Francisco has settled a two year legal dispute with Oakland over the naming of Oakland’s airport, ending a trademark fight that reflected both commercial competition
Renewables Met All New Power Demand In 2025
Global electricity demand grew again last year, but the most important part of the story is how that demand was met. According to new research, all of the increase in 2025 was
Pentagon Eyes $200B Defense Fund With Wall Street Talent
The U.S. Department of Defense is preparing to stand up a new in-house investing team modeled on private equity, with a mandate to deploy about $200 billion over three years into defense-related
South Africa to reset rate risks as oil jumps on war
Central bank revises scenarios ahead of March 26 decision South Africa’s central bank will rewrite the risk scenarios it uses to guide policy deliberations ahead of its next interest rate decision on
Tillis Rejects Proposal on Powell Probe
GOP effort to shift investigation stalls Sen. Thom Tillis, R-N.C., on Thursday dismissed a proposal designed to defuse the Department of Justice’s criminal probe into Federal Reserve Chair Jerome Powell. The idea,
U.S. Deficit Hits $696B Early in FY2026
Four months into fiscal year show heavy borrowing The first four months of fiscal year 2026 have added substantial pressure to U.S. public finances. According to the Congressional Budget Office, the federal
Elon Musk outlines a future shaped by space, AI and energy
A wide-ranging conversation at Davos Speaking at the World Economic Forum, Elon Musk shared a broad vision of the future during a public conversation with BlackRock CEO Larry Fink. The discussion moved
U.S. tariff revenue hits record despite late-year slowdown
A new report from the U.S. Treasury released Tuesday showed that $27.89 billion in tariff revenue flowed into government coffers in December, capping a year in which President Donald Trump fundamentally reshaped
Tariffs push leather goods prices higher into 2026
Tariffs disrupt supply chains across the leather industry New import tariffs imposed in April have upended the global supply chains of US leather goods makers, driving up costs and creating widespread uncertainty
German Exports Rebound in September, Led by U.S. Demand
Better-than-expected growth after months of declines Germany’s exports rose by 1.4% in September compared to the previous month, according to data released Friday by the federal statistics office. This increase exceeded analysts’
China’s exports rise as U.S. trade talks stall
September sees strong export and import gains China’s export growth accelerated in September despite an unresolved trade deal with the United States. Exports climbed 8.3% year-over-year, surpassing the 6.0% forecast and improving