Experts blame green energy policies for Europe's full-scale energy crisis: 'A warning to the US'
Europe's aggressive transition from fossil fuels to green energy sources like wind and solar have exacerbated its current energy crisis, forcing prices higher.
Robots that stock drinks at convenience stores aim to automate all 'boring jobs done by humans'
Telexistence, a robot company that operates out of Tokyo, is looking to use a robot, named TX SCARA, to replace 'repetitive' and 'boring' jobs currently done by humans.
Chicago police officers mandated to take time off, breaks between shifts in wake of scathing city analysis
Chicago Police have announced new scheduling mandates to benefit police officers after a city analysis discovered over 1,100 officers had worked 13 days straight.
Georgia Walmart fire: Police arrest and charge 14-year-old suspect with arson
The Peachtree City Police Department has announced the arrest of a 14-year-old juvenile suspect following a fire that was "intentionally set" at a Walmart store there.
Snap to lay off 20% of its workforce: report
Snap, Inc. is reportedly planning to lay off 20% of its 6,400-plus employees starting Wednesday after warning earlier this year that it would slow hiring.
Zelenskyy says Ukraine can be 'stable' energy source for Europe: 'Winter won't be easy'
Ukrainian President Volodymyr Zelenskyy tells European business leaders that Ukraine can be a 'stable' sources for energy if Russia's war effort does not stop them.
Biden admin races to stave off another gas price disaster with oil price cap negotiations
The Biden administration, led by Treasury Secretary Janet Yellen, is continuing to privately negotiate a potential price cap on Russian oil to avoid skyrocketing energy costs.
Federal Reserve says real-time payment system could begin as early as May 2023
Federal Reserve Vice Chair Lael Brainard said Monday she expects the agency's new real-time payments system FedNow to go live between May and July 2023.
Musk touts oil, no repeat of 2008 housing crisis and more: Tuesday's 5 things to know
Tesla CEO Elon Musk calls for more drilling and exploration of fossil fuels for the immediate future as diesel and heating oil supplies are dangerously low in parts of the U.S.
Floods and other water-related disastors threaten to cost the global economy $5.6 trillion by 2050
Economists are projecting that floods and other water-related disasters could cost the global economy $5.6 trillion by 2050, as floods and droughts wreak havoc across the globe.
China's Sinopec Corp begins first carbon capture, plans on building 2 more by 2025
Chinese energy company, Sinopec Corporation, recently built the largest carbon capture center in China, and plans on building two more by 2025.
Elon Musk says 'civilization will crumble' unless we continue using oil and gas in the short term
Tesla CEO Elon Musk warned at a conference in Norway on Monday that "civilization will crumble" unless oil and gas is relied on in the short term.
European allies need to stop talking tough about Ukraine, deliver military aid they promised: Rep. Waltz
Rep. Michael Waltz criticized US European allies for backtracking on military aid promised to Ukraine after Russia attacked near a nuclear power plant
Singapore loosens work visa rules in bid to attract more foreign talent
Singapore announced on Monday that it will be loosening work visa rules in order to attract more foreign talent and bounce back from the COVID pandemic.
Taliban closes in on gasoline deal with Russia
The Taliban administration in Afghanistan is working on a deal with Russia to purchase gasoline and benzene amid a global economic downturn.
Sen. Warren ‘very worried’ the Federal Reserve ‘is going to tip this economy into recession’
Sen. Elizabeth Warren, D-Mass., said on CNN Sunday she’s "very worried" that the Federal Reserve's continued raising of interest rates could force the U.S. into a recession.
World Bank president on Fed's inflation fight: Central banks have more tools than rate hikes
World Bank President David Malpass responds to Fed Chair Jerome Powell's concern over combatting inflation and the options world governments have to increase production.
Russia burns gas amid European supply shortages, environmental disaster warn officials
A Russian-owned natural gas compressor station operated by Gazprom has been burning gas at an excessive rate amid gas shortages in Europe.
California weighs banning sale of new gas cars by 2035 in final hearing on rule proposal
The California Air Resources Board held a public hearing on a proposal that aims to ban the sale of internal combustion engine vehicles in the state by the year 2035.
China exerting more pressure on foreign companies than usual, study finds
According to a new study from a think tank for China studies, China has been exerting more force on foreign companies, pressuring them to fall in line with their political agenda.