Technical challenges, higher costs and rising interest rates hurt the project that NuScale Power and Western utilities had developed.
Category: Stocks and Bonds
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A Report Card for Bidenomics
Voters’ negative perceptions about the economy are weighing on President Biden’s poll numbers. Here’s what his economic policies have, and haven’t, accomplished.
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Berkshire Stung by Losses in Its Stock Holdings
The conglomerate’s cash stake swelled to a record $157.2 billion in the third quarter even as it posted $23.5 billion in losses from investments.
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Huge Reversal in Bonds and Rally in Stocks Cap Wild Week for Markets
A series of data reports and actions by policymakers have led investors to reassess their assumptions about interest rates and the economy.
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In a Warming World, Clean Energy Stocks Fall While Oil Prospers
The market is focused on making money now and isn’t heeding urgent warnings about climate change, our columnist says.
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Markets Await the Fed’s Next Interest Rate Move
The central bank is expected to leave interest rates unchanged on Wednesday, but Wall Street is growing increasingly anxious over its next move.
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What’s Going On in the Bond Market?
The rapid rise in interest rates in recent months has shaken investors and cast a cloud over the economy.
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Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
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Federal Investigators Widen Tesla Inquiry, Company Says
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
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How High Interest Rates Sting Bakers, Farmers and Consumers
Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while.
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Investors Fret as Daunting Bond Market Milestone Comes Into View
The 10-year U.S. Treasury yield has threatened to break above 5 percent for the first time in 16 years, rattling the markets.