Economy & Business

"Oil prices on Sunday crossed into triple digits for the first time since 2022 — a stark sign of how the Iran war is throttling global supplies and raising consumers' costs."

"In an effort to quell blowback on data centers, President Donald Trump announced at a White House roundtable on Wednesday the “Ratepayer Protection Pledge,” a set of nonbinding promises that Big Tech companies signed to keep household utility bills from skyrocketing."

"Each year around this time, the federal government releases its expectations for new power plant construction. The latest data drop shows clean energy is going to dominate this year, just as it has for many years running. Even as the Trump administration has employed novel and at times legally dubious means to block renewable energy growth, the power sector keeps choosing clean energy again and again — attracted by its low costs, speed to build, and climate and environmental benefits."

"A federal judge ruled Tuesday that the Trump administration’s efforts to shut down New York’s congestion pricing program are unlawful."

"TerraPower, a Bill Gates–backed nuclear power start-up, received the federal green light to start building a power plant in Wyoming. The approval paves the way for the first new commercial nuclear reactor in the U.S. in nearly a decade."

"Syngenta, maker of a controversial pesticide linked to Parkinson’s disease, said on Tuesday that it will stop making its paraquat weed killer by the end of June."

"No companies bid for the chance to drill in more than 1 million acres of water off Alaska’s Cook Inlet, the Interior Department said Wednesday."

"The Point Isabel Independent School District on Monday rejected a multi-million dollar tax break for a proposed $5.7 billion liquefied natural gas (LNG) project on the Texas Gulf Coast, finding the facility would not “align” with the community’s values or finances."

"As Democrats and climate activists seize on energy costs as a political issue, new data shows electricity rates rose 5 percent nationwide in 2025. The figures were much higher in some states."

"The Trump administration has said that it has more leeway to act aggressively in the Middle East because the world is flush with oil and gas, thanks in part to record U.S. production, and has less to fear than it once did from energy price shocks."