by Bloomberg.com | Mar 18, 2024 | alerts, Markets/Economy
Renewable generation growth seen increasing threefold NextEra CEO speaks at CERAWeek energy conference in Houston The biggest US wind and solar farm developer expects the growth rate of the demand for electricity to soar to keep up with artificial intelligence,...
by Bloomberg.com | Mar 18, 2024 | alerts, Markets/Economy
Easy financial conditions, strong dollar have boosted stocks But weakening greenback threatens to weigh on equity multiples The chief investment officer of Morgan Stanley Wealth Management has a warning for stock bulls: the structural forces weighing on the dollar are...
by Bloomberg.com | Mar 18, 2024 | alerts, Markets/Economy
NY Fed survey finds rising demand for consumer credit broadly About a third think they’ll get rejected to refinance mortgage Americans increasingly doubt they’ll get approved for a loan to buy a car or refinance a mortgage, according to a survey conducted by the...
by Bloomberg.com | Mar 18, 2024 | alerts, Markets/Economy
Unlike past cycles, debt costs rose more than interest income Burden of interest falls hardest on lower-wealth households When the Federal Reserve raises interest rates, US households — in aggregate — usually get a boost to interest income that outweighs the extra...
by Bloomberg.com | Mar 18, 2024 | alerts, Markets/Economy
Move follows surge in capacity, competition across industry Analysts see potential rebound by late 2024 on consolidation China’s Longi Green Energy Technology Co., the world’s largest solar manufacturer, is cutting almost one-third of its staff to slash costs in an...
