With California’s power grid under strain due to extreme heat and high demand, the utility grid operator is asking residents to avoid charging their electric vehicles (EVs).
Severe droughts across the Northern Hemisphere — stretching from the farms of California to waterways in Europe and China — are further snarling supply chains and driving up the prices of food and energy. . .
Corn posted modest gains late this week but not enough to offset the sharp declines posted early this week, with the market holding a sideways-neutral posture heading into next week.
The area sown to winter grains in Ukraine could fall by 30% to 60% in 2023 without state assistance and an increase in grain exports, UABC agriculture union director Roman Slastyon said.
A severe drought is magnifying Europe’s economic risks by disrupting crop yields, energy production and trade flows at a time when the continent is already facing soaring food and fuel prices. . .
President Joe Biden is “very cautious” about making a move on the Trump-era tariffs on China and is still assessing his options, Commerce Secretary Gina Raimondo said Wednesday.
U.S. labor productivity fell for the second straight quarter this spring while labor costs climbed, a bad sign for Federal Reserve officials trying to get inflation back under control.
