[ad_1] Mortgage rates fell this week amid a period of relative stability for the bond market. The average 30-year mortgage rate was 6.76% this week through Wednesday, down from 6.81% a week earlier, according to Freddie Mac data. 15-year mortgage rates averaged 5.92%, compared with 5.94% last week. After several weeks of volatility, 10-year Treasury yields, which closely track mortgage rates, are starting to move lower once again. They’re around 4.2% as of Thursday morning, from 4.31% a week ago. Mortgage rates have been on a bumpy path since President Trump announced sweeping tariffs in early April, but they’re settling…
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[ad_1] China placed export restrictions on rare earth elements on Friday as part of its sweeping response to U.S. President Donald Trump’s tariffs, squeezing supply to the West of minerals used to make weapons, electronics and a range of consumer goods. [ad_2] Source link
[ad_1] Researcher arranges harvested root system for data collection. Credit: Salk Institute UC San Diego researchers say genetically-enhanced crops of plants featuring enlarged roots present an opportunity for society to achieve a needed drawdown of carbon dioxide from the atmosphere. A new study from scientists at UC San Diego’s Scripps Institution of Oceanography and School of Global Policy and Strategy (GPS) also compares this agricultural solution to other proposed methods of carbon dioxide removal (CDR) as a way of showing what needs to happen to address the climate crisis on a global scale. The paper is published in the journal…
[ad_1] The global energy sector is transitioning, with major oilfield service companies under pressure to cut emissions while staying profitable. Baker Hughes, Halliburton, and Schlumberger (SLB) recently reported their earnings. However, here we reveal how each company is balancing investments in oil, gas, and low-carbon initiatives. Thus, beyond financials, their sustainability goals and net-zero targets set them apart. Let’s dive in. Baker Hughes Reports Mixed Q1 2025 Results Baker Hughes reported $6.43 billion in revenue for the first quarter of 2025. This marked a 13% drop from the previous quarter but a slight increase of $9 million compared to a…
[ad_1] The global energy sector is transitioning, with major oilfield service companies under pressure to cut emissions while staying profitable. Baker Hughes, Halliburton, and Schlumberger (SLB) recently reported their earnings. However, here we reveal how each company is balancing investments in oil, gas, and low-carbon initiatives. Thus, beyond financials, their sustainability goals and net-zero targets set them apart. Let’s dive in. Baker Hughes Reports Mixed Q1 2025 Results Baker Hughes reported $6.43 billion in revenue for the first quarter of 2025. This marked a 13% drop from the previous quarter but a slight increase of $9 million compared to a…
[ad_1] The telecommunications sector is growing fast as demand for faster networks and greener operations rises. Telecom giants like Verizon, AT&T, and T-Mobile are competing for market share while also racing toward their net-zero and sustainability goals. They are facing pressure to balance business growth with environmental responsibility. This article looks at each company’s financial results for Q1 2025. It also highlights their progress towards net-zero and their efforts to reduce environmental impact. Verizon: Strong Financials and Focused Sustainability Goals Financial Highlights: Revenue: $33.5 billion (1.5% increase year-over-year) Net Income: $5.0 billion (up from $4.7 billion in Q1 2024) Adjusted…
[ad_1] The telecommunications sector is growing fast as demand for faster networks and greener operations rises. Telecom giants like Verizon, AT&T, and T-Mobile are competing for market share while also racing toward their net-zero and sustainability goals. They are facing pressure to balance business growth with environmental responsibility. This article looks at each company’s financial results for Q1 2025. It also highlights their progress towards net-zero and their efforts to reduce environmental impact. Verizon: Strong Financials and Focused Sustainability Goals Financial Highlights: Revenue: $33.5 billion (1.5% increase year-over-year) Net Income: $5.0 billion (up from $4.7 billion in Q1 2024) Adjusted…
[ad_1] Last week saw the newest quarterly earnings release from The Kraft Heinz Company (NASDAQ:KHC), an important milestone in the company’s journey to build a stronger business. Results were roughly in line with estimates, with revenues of US$6.0b and statutory earnings per share of US$0.59. This is an important time for investors, as they can track a company’s performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store…
[ad_1] Treasury Secretary Scott Bessent has a new argument for why the Federal Reserve should cut interest rates: Treasury bond yields.The administration has been clamoring for interest rates to come down this year. President Donald Trump recently ramped up criticism of the central bank and Chairman Jerome Powell, suggesting he would fire him before backing down as markets balked at the idea of political interference in setting monetary policy. This week, the Treasury Secretary reiterated the administration’s stance that interest rates should be lower. “We are seeing that two-year rates are now below fed funds rates,” he told Fox Business…
[ad_1] Key takeaways After years of slow growth, issuances are on a tear. More data and better models are helping win over skeptical buyers. Soil carbon credits are now a viable option for many, but some environmental groups remain wary. Just five years ago, the idea of locking away carbon dioxide in farmland soils was one of the hottest areas in carbon markets. New startups were entering the field and major companies, including JPMorgan Chase and IBM, were purchasing soil carbon credits. That momentum all but disappeared as questions surfaced about the science behind the idea and projects took longer…