[ad_1] President Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers. In fact, economists say, Trump’s ongoing attacks on Fed Chair Jerome Powell and his tariff policies could keep the longer-term interest rates that matter for consumers and businesses higher than they otherwise would be. A less-independent Fed can lead, over time, to higher borrowing costs, as investors worry that inflation may spike in the future. As a result they demand higher yields to own Treasury securities.Trump has repeatedly…
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[ad_1] Writing in Construction News, Paul Morrell, the government’s former construction adviser, offers a blunt assessment: “Policy and government communications are profoundly influenced by how they will play in the press and on the street.”His critique of the government’s response to the Grenfell Tower Inquiry and the Construction Products Reform Green Paper makes essential reading.Nowhere, perhaps, is Morrell’s point about perception shaping policy more relevant than in the debate over how to attract private finance to fund public infrastructure delivery. We recently learned that ministers will, next month, unveil their approach to this crucial area in the long-awaited 10-year infrastructure…
[ad_1] When Donald Trump took office in January, analysts at Goldman Sachs estimated that the economy had a 15 percent chance of entering a recession over the next 12 months. Today, with the world engulfed in a trade war, they see a 45 percent chance. J.P. Morgan puts the risk at 60 percent. Torsten Sløk, the chief economist at Apollo Global Management, a private-equity firm, believes that a contraction is pretty much guaranteed. The situation is unprecedented, at least in modern history. The last time the White House proactively tanked the economy—under the leadership of Andrew Jackson, who gutted the…
[ad_1] The report is important because in order to look forward to the delivery of future infrastructure the UK Government also needs to look back at schemes that have gone before and the lessons that can be learnt from them.Private finance is indisputably an important source of finance for public sector investment for economic and social infrastructure and one which the UK Government is looking to encourage. One model for this with which I am very familiar, was private finance initiative (PFI), which included institutional investors such as banks and pension funds providing debt and equity or related financial instruments…
[ad_1] Climeworks, a Swiss company known for its carbon removal technology, announced a major partnership with Mitsui O.S.K. Lines (MOL), one of the world’s largest shipping companies. This is Climeworks’ first collaboration with a shipping company and its first agreement with a Japanese partner. As part of the deal, Climeworks will remove 13,400 tons of carbon dioxide (CO₂) from the air on behalf of MOL by 2030. This agreement supports MOL’s goal of reaching net-zero greenhouse gas emissions by 2050. MOL is already using clean energy, improving energy efficiency, and testing new technologies. But because shipping is one of the…
[ad_1] Boomitra, a global leader in soil carbon markets, and the Social Carbon Foundation, the first accredited carbon certifier to fully integrate natural ecosystem and social impact in a high integrity carbon credit, announce the first issuance of soil organic carbon (SOC) removal credits through the Boomitra URVARA Project — marking a series of significant milestones in the global carbon market. Boomitra’s Inaugural Credit Issuance: This is our first issuance of carbon credits, demonstrating scalable high integrity nature tech solutions which can be deployed across rural agriculture to create sustainable carbon sinks and improve rural livelihoods. A Landmark Moment for…
[ad_1] Alphabet, Google’s parent company, kicked off 2025 with a solid earnings report. Despite global economic concerns and trade tensions, the company beat analyst expectations across the board. Its core businesses—Search, YouTube, and Cloud continued to grow, showing strong momentum and revenue. However, with a massive upgrade in AI infrastructure, emissions have risen. Can Google still meet its net-zero target? Alphabet’s Revenue Jumps Amid Economic Uncertainty Alphabet reported $90.2 billion in revenue for the first quarter. That’s a 12% increase from $80.5 billion in Q1 2024. Analysts had expected $89.2 billion. Net income came in at $34.54 billion, up 46%…
[ad_1] Alphabet, Google’s parent company, kicked off 2025 with a solid earnings report. Despite global economic concerns and trade tensions, the company beat analyst expectations across the board. Its core businesses—Search, YouTube, and Cloud continued to grow, showing strong momentum and revenue. However, with a massive upgrade in AI infrastructure, emissions have risen. Can Google still meet its net-zero target? Alphabet’s Revenue Jumps Amid Economic Uncertainty Alphabet reported $90.2 billion in revenue for the first quarter. That’s a 12% increase from $80.5 billion in Q1 2024. Analysts had expected $89.2 billion. Net income came in at $34.54 billion, up 46%…
[ad_1] BUILDING upon the foundation of carbon pricing, the Philippines is focusing on strengthening its carbon credit infrastructure and fostering public-private partnerships to enhance reforestation initiatives. For the carbon pricing framework to drive meaningful change, the country must establish a robust infrastructure for monitoring, verifying and certifying carbon credits. This includes clear guidelines on project eligibility, standardized methodologies for measuring carbon sequestration and stringent verification processes to ensure transparency and credibility. Without these safeguards, the risk of “greenwashing” — where companies claim carbon offsets without genuine environmental benefits — remains a concern.The framework’s success depends on strong collaboration between the…
[ad_1] Getty Images Check out CNET Money’s weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. While mortgage rates always fluctuate, the direction of the housing market is more uncertain than ever. Lingering inflation, threats of a global trade war and mounting recession fears have driven mortgage rates up and down over the last period. For a 30-year fixed-rate mortgage, the average rate you’ll pay is 6.85% today, a decrease of -0.01% compared to one week ago. The average rate for a 15-year fixed mortgage is 6.06%, which is…