Solar could power 40% of US electricity by 2035

By MATTHEW DALY WASHINGTON (AP) — Solar energy has the potential to supply up to 40% of the nation’s electricity within 15 years — a 10-fold increase over current solar output, but one that would require massive changes in U.S. policy and billions of dollars in federal investment to modernize the nation’s electric grid, a […]

Ida's insurance impact likely to be boosted by pandemic pricing

NEW YORK (Reuters) – Insurers are bracing for $15 billion to $30 billion in claims from Hurricane Ida, but the figure could jump higher, in part because of pandemic pricing that has pushed up the cost of lumber and labor to rebuild, insurance experts said on Monday.A damaged building is pictured after Hurricane Ida made […]

S&P 500 to rise another 8% through 2021-end – Wells Fargo

(Reuters) – A stellar U.S. corporate earnings season is expected to lift the S&P 500 by another 8% through the end of the year, analysts at Wells Fargo said on Tuesday, implying a near 28% jump for the benchmark equities index in 2021.FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the […]

Fed's Jackson Hole shift shows Delta variant's ability to skew plans

WASHINGTON (Reuters) – Health officials in Teton County, Wyoming, announced last Thursday what was in part an administrative change, swapping a local five-point index for assessing COVID-19 risk for a four-point scale used by the U.S. Centers for Disease Control and Prevention.FILE PHOTO: Teton Mountain Range is pictured from the windows of Jackson Lake Lodge […]

Opinion | The Taliban Were Patient. Now They Hold All the Cards.

As Americans, we have many strengths, but strategic patience is not among them. We have been able to summon it at critical times such as the Revolutionary War and World War II, where, for example, Congress did not threaten to defund the war effort if it wasn’t wrapped up by 1944. In Korea, nearly seven […]

S&P 500 slips as cyclical slide counters tech gains

(Reuters) – The S&P 500 edged down in choppy trading on Thursday, with losses in cyclical sectors countering gains in tech shares, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.FILE PHOTO: A trader works on the trading floor at the New York Stock […]

S&P 500 slips as cyclical slide counters tech gains

(Reuters) – The S&P 500 edged down in choppy trading on Thursday, with losses in cyclical sectors countering gains in tech shares, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.FILE PHOTO: A trader works on the trading floor at the New York Stock […]