President Barack Obama, who has vowed to make fighting global warming a focus of his remaining years in office, yesterday unveiled initiatives to mitigate what aides say are the effects of an already changing climate.
Natural gas futures rose in New York for the first time this week on forecasts for below-normal March temperatures that would cut stockpiles of the heating fuel.
America’s renewed zeal for home renovations is here to stay.
Purchases of new U.S. homes unexpectedly climbed in January to the highest level in more than five years, showing underlying strength in the industry even in the midst of unusually harsh weather.
Home prices in the U.S. climbed at a slower pace in the year through December, pointing to a moderation in the market that will help keep more properties within reach for prospective buyers.
Hedge funds boosted bullish commodity bets to the highest since 2012 as extreme weather threatened global crops and a polar blast increased U.S. demand for heating fuel.
Natural gas futures climbed in New York, capping a second weekly gain, on forecasts for an arctic blast that would deplete inventories of the heating fuel, already at the lowest in a decade.
Housing starts in the U.S. slumped in January by the most in almost three years as unusually harsh winter weather added to the industry’s burdens.
U.S. Commerce Secretary Penny Pritzker sees herself as the administration’s ambassador to the business community. The corporate world is banking on the reverse, that she’ll represent them.
Natural gas rose in New York from the highest price in three weeks amid speculation U.S. stockpiles fell by more than the seasonal average as a snow storm increased demand for heating.