Tag Archives: heating

[unable to retrieve full-text content]The political pressure on Powell is heating up. The Fed chair has a plan for that.  Yahoo Finance Source link

Tech billionaires aren’t the only ones fighting for control of AI. The US and China are too. The two world superpowers are competing with each other for everything from the intellectual know-how to design AI hardware and software to the raw materials that power artificial intelligence systems. Both are also using government subsidies to spur new advancements. Where the US holds a commanding lead at the moment is the development of generative AI systems such as large language models (LLMs),… Source link

(Bloomberg) — In the most densely populated corner of the US, temperatures are about to drop after a stretch of unusually warm weather. And the signs of a winter crisis are already multiplying. Most Read from Bloomberg Heating oil delivered to New York is the priciest ever. Retailers in Connecticut are rationing it to prevent panic buying. New England’s stockpiles of diesel and heating oil — the same product, taxed differently — are a third of normal levels. Natural gas inventories are… Source link

Households can expect to pay more to heat their homes this winter. “Natural gas futures (NG=F) prices are more than double what they were one year ago,” according to Andy Lipow of Lipow Oil Associates. The energy analyst notes home heating oil is also higher and the cost of delivering it to the home is going up as well. “The consumer is going to pay more for their heating bills this winter, whether they use natural gas or home heating oil. Most will have sticker shock,” Lipow recently… Source link