SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency … Read more
Do you have a collection of old cell phones in a desk drawer somewhere because you don’t know what to do with them? A new US initiative aims to make it easier for people to recycle phones, computers, and other battery-powered electronics. This month, the US Department of Energy announced a $14 million program that … Read more
Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for consumers. Deflation measures how quickly prices are falling for a consumer good or service. It’s the opposite of inflation, which gauges how quickly prices are increasing. Physical goods have accounted for much of the deflation … Read more
Electricity prices surged by nearly twice as much as overall inflation across the United States, new federal data show, putting life-saving air conditioning out of reach for a growing number of Americans struggling to pay utility bills. The average cost of electricity bills last month rose by 4.4% compared to June of last year, surpassing … Read more
David Paul Morris/Bloomberg via Getty Images Inflation fell further in June as lower gasoline prices combined with other easing price pressures to bring relief for consumers’ wallets. The consumer price index, a key inflation gauge, rose 3% in June from a year ago, down from 3.3% in May, the U.S. Labor Department reported Thursday. The … Read more
Right now, generative artificial intelligence is impossible to ignore online. An AI-generated summary may randomly appear at the top of the results whenever you do a Google search. Or you might be prompted to try Meta’s AI tool while browsing Facebook. And that ever-present sparkle emoji continues to haunt my dreams. This rush to add … Read more
BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy | Getty Images News | Getty Images BP shares dropped on Tuesday after the firm flagged it expects to post an impairment of up to $2 billion in the second quarter and warned of lower refining … Read more
Discontent is brewing across the country, with opposition particularly strong in areas known as the “green belt,” swaths of countryside designated to prevent urban sprawl. Labour is well-aware the party’s plan to make it easier to build data centers risks causing conflict between developers and locals, according to two people with knowledge of internal party … Read more
The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images Energy giant Shell on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants, while … Read more
There are different kinds of heat pumps that are in principle even more efficient than air-source devices. Instead of absorbing warmth from the air, you can opt to harvest heat from the ground or even from bodies of water instead. Such systems tend to cost more, though. Patrick Wheeler, director of Vito Energy, describes a … Read more
