New technologies like artificial intelligence and electric vehicles are already leading to higher demand for electricity, weighing on America’s stretched power grid. Now the White House is taking steps to increase power line capacity and bring the grid into the 21st century. Energy Overhaul In October, the U.S. Department of Energy launched a near $3.5…Read more
The economy may be slowing, but investors’ returns aren’t. Interest rates are high, and in the first quarter of 2024 alone, Americans earned roughly $3.7 trillion in interest and dividend income at a seasonally adjusted annual rate, according to Commerce Department data reviewed by the Wall Street Journal. The Federal Reserve began raising rates more…Read more
Brazil and Florida, two of the world’s largest orange producers, are facing a supply crisis — and it is seriously juicing prices. Disease and Disasters The orange juice market is, well, concentrated. Roughly 80% of orange juice worldwide comes from Brazil, with the bulk of the remaining portion originating in Florida. Supply woes in both…Read more
