Westend61 | Westend61 | Getty Images Some states have stopped disbursing funds to consumers via Biden-era rebate programs tied to home energy efficiency, due to a Trump administration freeze on federal funding enacted in January. The Inflation Reduction Act, passed in 2022, had earmarked $8.8 billion of federal funds for consumers through two home energy
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The BP logo is displayed outside a petrol station on January 30, 2025 in Warrington, United Kingdom. Nathan Stirk | Getty Images News | Getty Images British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered
Justin Sullivan | Getty Images At PayPal‘s first investor day in four years, CEO Alex Chriss will deliver a clear message to shareholders: Venmo isn’t just an easy way to split the dinner tab. Chriss, who took the helm in September 2023, is trying to spur a turnaround at the payments company, and Venmo is
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images For Frank Keller, it’s a pivotal moment at PayPal. After two years, two CEOs and endless brand strategy meetings, the
In this article BTC.CB= Follow your favorite stocksCREATE FREE ACCOUNT Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry. In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of emergency loans and large deposits.
A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. Tom Little | Reuters President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The
A US Postal Service worker outside a Signature Bank branch in the Brooklyn borough of New York, US, on Wednesday, March 15, 2023. Angus Mordant | Bloomberg | Getty Images Anchorage Digital CEO Nathan McCauley wants everyone to know what happened to his crypto company in 2023 during the Biden administration. “Our story is pretty
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A Google Cloud logo outside the Google Cloud data center ahead of its ceremonial opening in Hanau, Germany, on Friday, Oct. 6, 2023. Bloomberg | Bloomberg | Getty Images The U.S. is facing a power capacity crisis as the tech sector races against China to
President Donald Trump‘s steel and aluminum tariffs could slow data center growth by exacerbating the shortage of key components in the electric grid, according to a leading commodity analyst at Carlyle. Big Tech missed Wall Street expectations for their cloud segments last week due in part to a shortage of transformers, said Jeff Currie, chief
India’s Prime Minister Narendra Modi on Sept. 4, 2024. Dean Kassim | Afp | Getty Images Indian Prime Minister Narendra Modi is headed to Washington, D.C., for meetings with President Donald Trump and members of his administration, including Elon Musk, to discuss topics such as efforts to avoid a trade war and artificial intelligence policy,
In this article @RB.1 Follow your favorite stocksCREATE FREE ACCOUNT A person fills up a fuel tank at a pay-at-the-pump gasoline station in Edmonton, on January 30, 2025, in Edmonton, AB, Canada. Artur Widak | Nurphoto | Getty Images President Donald Trump‘s threatened tariffs on Canadian crude oil imports could raise gasoline prices for U.S.
India will cooperate with international sanctions, the country’s oil minister told CNBC on Tuesday, as markets eye future U.S. policy under the new administration of President Donald Trump. “We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it or anything,” India’s Minister of
Piles of coal waiting to be transported at Guoyuan Port container terminal in Chongqing, China. Cfoto | Future Publishing | Getty Images The world won’t be able to release its grip on coal anytime soon. “Nothing can destroy coal,” U.S. President Donald Trump said at the recent World Economic Forum. “Not the weather, not a
In this article X 5401.T-JP CLF NUE Follow your favorite stocksCREATE FREE ACCOUNT US President Donald Trump (R) and Japanese Prime Minister Shigeru Ishiba hold a joint press conference in the East Room of the White House in Washington, DC, on February 7, 2025. Jim Watson | Afp | Getty Images President Donald Trump on
DOGE staffers who are working at the Department of Energy do not have access to U.S. nuclear secrets, Secretary Chris Wright told CNBC in an interview Friday. “I’ve heard these rumors. They’re like seeing our nuclear secrets. None of that is true at all,” Wright told CNBC’s Brian Sullivan in an exclusive interview. One of
Nuclear energy is set for a “renaissance” that will be accelerated by backing from U.S. President Donald Trump’s administration. That’s according to Yuri Khodjamirian, chief information officer at Tema ETFs, who noted that the Trump administration is “very, very interested in backing this technology.’ However, he also warned investors that developing this energy source is
A chimney and pipes at the BKM Nonprofit Fotav Zrt power plant in Budapest, Hungary, on Thursday, Jan. 2, 2025. Bloomberg | Bloomberg | Getty Images Ukraine’s closest allies have warned against the European Union reopening Russian gas pipelines as part of a potential peace settlement, with one Baltic nation describing the prospect as “not
U.S. President Donald Trump speaks as he signs documents in the Oval Office at the White House in Washington, U.S. Feb. 4, 2025. Elizabeth Frantz | Reuters President Donald Trump on Wednesday said he wants to negotiate a nuclear deal with Iran after reimposing a “maximum pressure” campaign on the Islamic Republic. Trump said in
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT PayPal reported better-than-expected fourth-quarter results on Tuesday and issued guidance that also topped analysts’ expectations. Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: Earnings per share: $1.19, adjusted vs. $1.12 expected Revenue: $8.37 billion vs. $8.26 billion
In this article @CL.1 @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT Former Canadian Deputy Prime Minister Chrystia Freeland on Tuesday called for President Donald Trump to definitively take the threat of tariffs off the table, arguing that the U.S. will need Canadian energy in the race to achieve dominance in artificial intelligence. Trump on Monday
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