Skip to main content
KnowGovUnderstand. Power. Act.
← Data Lab

The Library

New

Every story we've collected, grouped by story. Search it, filter it, go deep.

28 articles, grouped into stories

US futures slip as oil prices and bond yields rise with markets awaiting latest Fed minutesU.S. futures are lower as oil prices tick higher and the bond market climbs ahead of the release of the Federal Reserve’s latest minutes. Futures for the S&P 500 dipped 0.1% on Wednesday, a day after climbing 0.6% to a record of 7,818.93, topping its all-time high set in August. Despite worries over the Iran war, high inflation and pressures from the…
Supreme Court weighs local governments' climate change lawsuits against oil and gas companiesThe Supreme Court is considering whether local governments can sue oil and gas companies for climate change costs. On Monday, key justices expressed skepticism about the potential flood of litigation if the case from Boulder, Colorado, proceeds. Chief Justice John Roberts questioned the implications of allowing municipalities nationwide to file similar…
Trump defends data centers in Ohio as he rallies to boost Jon Husted in a tight Senate racePresident Donald Trump is defending data centers powering AI projects during a campaign rally in Ohio. He insists they benefit local communities and warns against losing them to China. The topic is contentious, especially in Ohio's Senate race. Republican Sen. Jon Husted faces criticism for supporting data centers, which some blame for high energy costs.…
US stocks rise near their record after the latest jobs report eases worries about inflationU.S. stocks are rising near their record after the latest jobs report cooled worries that a potentially hot U.S economy could make inflation worse. The S&P 500 climbed 0.7% Friday and pulled within 1% of its all-time high. The Dow Jones Industrial Average added 233 points, and the Nasdaq composite rose 1.2%. They got a boost after a report showed U.S.…
Trump plugs $54 billion natural gas project in Alaska, flanked by a senator in a tight racePresident Donald Trump said South Korea plans to invest about $54 billion in a natural gas project in Alaska. He made the announcement in the Oval Office on Wednesday, flanked by Republican Senator Dan Sullivan, who faces a tough reelection race in the state. It was the second time this week that Trump has sought to elevate Senate candidates in states he…
Senate reaches bipartisan deal on permitting bill to speed approvals of new energy projectsSenators from both parties are saying they have reached a bipartisan deal on legislation aimed at speeding up permitting reviews for new energy and infrastructure projects that now face yearslong delays as lawmakers seek to meet growing demand for electricity and other forms of energy. Republican Sen. Shelley Moore Capito of West Virginia, chair of the…
Data center bill falls short in Senate as lawmakers take final votes before the midtermsThe Senate has failed to advance a bill that attempts to address voter worries about data centers and their impact on energy bills. The bill fell victim to an election-year clash on how best to address a growing concern. The measure needed 60 votes to advance, but fell short, 57-43.  The bill’s sponsor, Sen. Jon Husted, a Republican from Ohio, is in a…
Energy Department will spend $2 billion to squeeze more electricity from the aging power gridThe Energy Department says it will spend almost $2 billion to try to squeeze more electricity out of the nation’s aging and stressed power grid. President Donald Trump's administration is stepping up efforts to avoid blackouts amid skyrocketing energy demand spurred by artificial intelligence. The money will go toward 31 projects across 26 states that…
Trump signs sweeping Russia sanctions bill, aiming to choke off funds for Moscow in Ukraine warPresident Donald Trump has signed a major sanctions package targeting Russian officials and key sectors of its economy. The move aims to punish and pressure Moscow for its ongoing war against Ukraine. The bill also serves as a final legacy item for the late Sen. Lindsey Graham, a close ally of Trump. The legislation passed with large bipartisan support…
Judge rules EPA illegally terminated $7 billion solar program intended to help poorer AmericansA federal judge in Rhode Island has ruled that the Trump administration illegally terminated a $7 billion Solar for All program intended to make solar power accessible to more than 900,000 lower-income Americans. The Environmental Protection Agency rescinded the Solar for All funds in August 2025 after President Donald Trump’s massive tax and spending…
US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing marketMortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.95% from 6.76% last week. One year ago, the average rate was 6.26%. The average rate on 15-year…
Struggling US homebuyers, and market, face new hurdles as mortgage rates climb to nearly 7%Mortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.95% from 6.76% last week. One year ago, the average rate was 6.26%. The average rate on 15-year…
Asian stocks are mixed after Wall Street slips following Fed's rate hike decisionAsian shares are mixed after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. But U.S. futures are higher. The quarter of a percentage point increase brings the Fed’s key rate to a target range of 3.75%-4%, as it attempts to control U.S. inflation that’s been stubbornly above its…
Global shares mostly decline and AI stocks plunge after calls to slow AI industryWorld shares have mostly declined, led by AI-related stocks, and U.S. futures have edged lower. Oil prices have gained more than 2% as worries grow over global oil supplies after Saudi Arabia shut down a major oil pipeline used to help bypass the Strait of Hormuz. Brent crude, the international standard, was trading at around $107 a barrel. Japan-traded…
Asian shares are mixed and OpenAI investor SoftBank shares plunge after calls to slow AI industryAsian shares are mixed and U.S. futures have edged lower. Oil prices have gained more than 3%, as worries grow over global oil supplies after Saudi Arabia shuts down a major oil pipeline used to help bypass the Strait of Hormuz. Brent crude, the international standard, was trading at near $108 a barrel. Japan-traded shares of SoftBank Group, a key…
Federal court rejects Trump order keeping Michigan coal plant openA federal court is declaring that the Energy Department exceeded its authority when it forced a Michigan coal-fired power plant to stay open past its scheduled retirement date last year. Energy Secretary Chris Wright had said the 64-year-old J.H. Campbell plant was needed to ensure reliable electricity in the region, and he used emergency powers to keep…