Business

Environmental zealots who want to eliminate the fossil fuels that have powered prosperity in the United States are now using infiltration tactics to make oil giants embrace alternative energy.

Critics of the deal, announced Wednesday, say it would harm workers, consumers and U.S. democracy.

Americans overwhelmingly oppose expensive Green New Deal programs.

The president’s plans to invest in infrastructure, education, health care and more would push federal spending to its highest sustained levels since World War II.

Results better than economists had forecast.

President Joe Biden will unveil a federal budget totaling $6 trillion, according to documents seen by the New York Times. The splurge will further raise the US’ national debt and accelerate inflation.

The Hollywood studio, MGM, indicated its readiness to be acquired in December 2020, rolling out a price tag of around $5 billion at the time.

US equity futures rose on Wednesday, rebounding from a modest dip the day before as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, while a recent dip in bond yields supported Nasdaq futures climb for a third straight session.

Bernard Arnault, owner of the European luxury group LVMH, which is home to top global brands Louis Vuitton, Moët, Hennessy, Fendi, Christian Dior and Givenchy, has become the world's richest person with an estimated net worth of $186.3 billion, Forbes reported on Monday.

Prices rose 13.2% year over year.