Environment

Gary Wang, a former executive of bankrupt cryptocurrency exchange FTX, who testified against founder Sam Bankman-Fried, attends his sentencing on fraud charges at the United States District Court in Manhattan in New York City, U.S., November 20, 2024.  Brendan Mcdermid | Reuters Gary Wang, co-founder and ex-technology chief of FTX, was sentenced Wednesday to time

Crude oil futures edged slightly lower on Tuesday, after rallying about 3% in the prior session on fears that the war between Ukraine and Russia is escalating. President Joe Biden has authorized Ukraine to use long-range missiles to hit targets in Russia in a major departure from Washington’s previous position, according to media reports. Russian

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Wall Street on Tuesday monitored growing geopolitical concerns after Ukraine carried out a strike on Russia using American-made missiles. The S & P 500 cut its losses in midmorning

In this article LBRT Follow your favorite stocksCREATE FREE ACCOUNT Liberty Oilfield Services CEO Chris Wright at Liberty January 17, 2018. Andy Cross | Denver Post | Getty Images Shares of Liberty Energy rose on Monday after President-elect Donald Trump picked CEO Chris Wright as energy secretary. Liberty Energy is an oilfield services company headquartered

Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market. U.S. crude oil is down more than 2% this week, while Brent has shed nearly 2%. Here are Friday’s energy prices: West Texas Intermediate December contract: $68.56 per barrel, down 14 cents, or

In this article MSFT CEG Follow your favorite stocksCREATE FREE ACCOUNT Cooling towers at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. Danielle DeVries | CNBC MIDDLETOWN, Pa. — The owner of the Three Mile Island nuclear power plant is embarking on an ambitious plan to restart operations before the

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024.  Allison Robbert | AFP | Getty Images President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States. Liberty Energy is

In this article CEG MSFT Follow your favorite stocksCREATE FREE ACCOUNT Operations at Three Mile Island are poised to restart in four years, the latest sign that the nuclear power industry is undergoing a major turnaround after a wave of plant closures. The Unit 1 reactor at Three Mile Island, which entered service in 1974,

U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan.  Sean Gallup | Getty Images News | Getty Images A potential decision by Donald Trump to walk back the Biden administration’s climate-geared projects would impact jobs in areas governed

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Markets dipped lower Friday after a rough week for the S & P 500 , which fell 1.7%. Investors are grappling with the potential impact of a Trump presidency,

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size of Massachusetts, has replaced its CEO in a significant reshuffling as the kingdom faces questions over the economic viability of its ambitions. Neom’s board of

In this article @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Crude oil futures rose slightly on Thursday, with the U.S. benchmark trading around $69 per barrel, though the market outlook remains bearish. Global crude supplies are expected to outstrip demand by more than 1 million barrels per day next year led by robust growth

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks lost some momentum in afternoon trading after the S & P 500 had mounted a rally back above 6,000. The broad index was roughly

Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Klarna, which is known for its popular “buy now, pay later” business, announced Wednesday it has filed initial public offering documents with the U.S. Securities and Exchange Commission.

A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024.  Anthony Prieto | Bloomberg | Getty Images Oil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers who are predicting a bearish year ahead for crude. “There is more fear about

Darren Woods, chairman and chief executive officer of Exxon Mobil Corp., speaks during the 2022 CERAWeek by S&P Global conference in Houston, Texas, on Monday, March 7, 2022. F. Carter Smith | Bloomberg | Getty Images President-elect Donald Trump should keep the U.S. involved in global efforts to address climate change, Exxon Mobil CEO Darren