Ali Caldwell
More from Ali Caldwell
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How much sway does Fed’s interest rate policy have over residual inflation?
The latest consumer price report released on Wednesday, May 15, showed a slight easing of inflation in April. It was led by lower grocery prices and declining auto prices, both new and used. The Bureau of Labor Statistics said overall consumer prices rose 3.4% on the year and 0.3% on the month, with shelter and… -
GameStop stock roars back on Monday with help from Roaring Kitty posts
The face of 2021’s meme-stock craze is back with a post on X. The single meme sent GameStop’s stock surging, eventually halting trading due to volatility. Keith Gill, better known as Roaring Kitty on YouTube and social media, returned to the platform previously known as Twitter for the first time in nearly three years Sunday,… -
Wind energy could get even greener by replacing steel with wood
The wind energy industry may be on the verge of becoming even more environmentally friendly. Even though wind turbines create almost zero pollution once they are up and spinning, the processes of constructing and deconstructing them can still be fairly carbon-intensive and produce a lot of waste. Some in the industry are now turning to… -
Record-breaking $10B clean energy deal to help Microsoft power AI at data centers
Microsoft has agreed to a deal which the company describes as the largest single electricity purchase agreement signed between two corporate partners. Partnering with Brookfield Asset Management, Microsoft is investing more than $10 billion to provide power for its artificial intelligence operations at data centers. The funds will go toward building solar farms, wind turbines… -
Cocoa prices are rich. Here’s when it will hit the grocery store.
In Steve Wateridge’s four decades covering cocoa, he said he’s never before experienced this level of global captivation by the cocoa market and its prices. Then again, prices have never been this high. “It’s a shame they didn’t care about it a bit more five years ago when something could have been done and should… -
EPA coal plant rule cuts emissions 90%, removes 17M homes worth of power
The White House unveiled a plan to significantly cut down on emissions from coal-fired power plants, aiming for a 90% reduction by 2032. This move, announced by the Environmental Protection Agency (EPA) on Thursday, April 25, is projected to yield $370 billion in climate and public health net benefits over the next two decades, while… -
Energy needed for AI, crypto could power about a third of the US in coming years
For nearly three decades, the demand for electricity in the United States has remained relatively stable. However, forecasts indicate a dramatic shift, with projections suggesting a potential near doubling of where demand was expected to be over the next five years. The driving force behind this unprecedented increase in demand largely stems from the proliferation… -
Wind power set records in 2023, but offshore projects lagged behind
The wind energy industry had a record-setting 12 months in 2023, as the planet’s capacity for this type of power surged by an unprecedented 50%. The resulting energy from that increase is enough to power nearly 90 million homes. In total, 54 countries contributed to 2023’s wind power expansion, with China alone accounting for almost… -
White House unveils $7B in solar grants as some states deal with a solar surplus
In a bid to bolster renewable energy infrastructure across the nation, the Biden administration recently announced $7 billion in federal solar power grants. This move, unveiled on Earth Day, came as parts of the nation experience a surplus of solar energy. That surplus raised power bills for solar panel owners. The White House said its… -
Mexico disrupts China’s potential plan to infiltrate US EV market
Chinese automakers invested millions to build electric vehicle factories in Mexico. This move is a potential attempt to sell to American consumers while avoiding the high U.S. tariffs on cars imported from China. However, a recent report from Reuters has indicated the Mexican government may put a stop to this. The 27.5% tax that Chinese… -
Copper controversy: Russia, China profit from passing the metal off as scrap
A recent report from Reuters has exposed a scheme between Russia and China involving copper, a metal expected to skyrocket in value and hit record highs next year. Once the Russian metal arrives, Chinese companies are shredding these copper rods down to disguise them as scrap. This is because of the difference in tariffs between… -
Inflation ‘out of Fed’s control,’ so what should it do with interest rates?
March’s sticky inflation report has thrown into question the timing of the Federal Reserve’s anticipated interest rate cuts. In fact, some have said Americans can’t rule out the Fed going in the opposite direction and hiking the rate instead. The Federal Reserve penciled in three quarter-percentage point rate cuts in 2024, but that was before… -
Botswana threatens to send 20K elephants to Germany
No other country in the world has more elephants than Botswana, and now the African nation is threatening to send 20,000 of the animals to Germany. This stems from a recent potential policy change proposed by the German government that would place stricter limits on trophy hunting imports due to poaching concerns. Just a decade…
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