America’s oil and gas industry employs over 11 million people and is worth more than $1.6 trillion, making the energy transition more difficult than it may seem.
The Biden administration seeks to return to the Obama administration policy of allowing separate payments to be made together, undermining the clear text of the law.
Americans expect more inflaton this year and remain uneasy about the direction of the economy, the University of Michigan’s survey of consumers showed Friday.
Americans increased their spending by 0.5 percent in April, a slowdown after a massive gain in March that had been powered by the distribution of billions of dollars in individual stimulus checks.
