Increased use of natural gas exposes U.S. to cyber attacks, FERC chairman says

A Senate hearing on Thursday focused on the threats to energy infrastructure from hackers, including to natural gas pipelines. The Senate Committee on Energy and Natural Resources’ hearing follows the U.S. intelligence community’s publication of worldwide threats, which include the ability of China, Russia, Iran, and North Korea to disrupt critical infrastructure. Neil Chatterjee, chairman of the Federal Energy Regulatory […]

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U.S. Consumer Prices Unchanged For Third Straight Month In January

Consumer prices in the U.S. were unchanged for the third straight month in January, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index was unchanged in January, matching the revised reading for December. Economists had expected consumer prices to inch up by 0.1 percent. The unchanged reading on consumer prices […]

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Kudlow: Trump’s Fed rate-hike warnings were ‘spot on’

Kudlow: Working Americans want to embrace capitalism, socialism would set us back 100 years White House National Economic Council director Larry Kudlow weighs in on the state of the economy. President Trump was exactly right to warn the Federal Reserve on its pace of interest rate hikes, top White House economic adviser Larry Kudlow said. Continue Reading Below “I’m very […]

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South Africa's Eskom says not likely to cut power on Friday

JOHANNESBURG, Feb 15 (Reuters) – South African state power firm Eskom said it was not likely to implement electricity cuts on Friday as the performance of its power plants improved, and added that it has made progress in replenishing its water and diesel reserves. “The power system, however, remains tight and vulnerable. While Eskom is making every effort to limit […]

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Vivendi 2018 Profit Drops

Vivendi SA (VIV.L,VIVEF.PK) reported that its earnings attributable to shareowners for fiscal year 2018 dropped to 127 million euros or 0.10 euros per share from 1.22 billion euros or 0.94 euros in the prior year. The fiscal year 2018 result included the write-down of the value of the Telecom Italia shares for 1.066 billion euros but did not include the […]

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Capitalism crushes socialism: Fox News Poll

Capitalism gives people a sense of worth: Ken Langone Home Depot Co-Founder Ken Langone discusses the importance of capitalism and how it benefits society. Capitalism is far more popular than socialism, according to a Fox News Poll of registered voters. The poll also finds economic optimism high, and the number wanting help from the government the lowest in years. Continue […]

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Gloomy German GDP reading underlines the euro’s problems

Data on Thursday showing weaker-than-expected fourth-quarter growth in Germany underlined that the eurozone’s economy is in a bind. And with it, so is the euro. The largest economy of both the eurozone and the European Union, Germany, reported no quarterly growth in the final three months of 2018, compared with a modest growth expectation of 0.1%. Year-over-year, the gross domestic […]

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