Four federal tracts in Gulf designated for wind power developmentĀ 

Four tracts of federal Gulf of Mexico waters of Texas and Louisiana, ranging from...

Biden administration pushing cities to convert empty offices into housingĀ 

The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions.Ā 

Economic surprise: US GDP grows 4.9% in Q3Ā 

The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace.

Chevron’s latest acquisition is the second buyout among major producers this monthĀ 

Chevron is buying Hess Corp. for $53 billion, but even with that pricetag, it’s not the biggest acquisition in the energy sector this month.

Here’s what ongoing crisis in the Middle East could mean at the gas pumpĀ 

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher.

What the Fed chair is now saying about taming inflationĀ Ā 

Federal Reserve Chair Jerome Powell said today that inflation remains too high and that...

Louisiana is getting $249M for electric grid upgradesĀ 

The Biden administration on Wednesday announced $3.5 billion for 58 projects across the country to strengthen electric grid resilience as extreme weather events continue to strain the nation’s aging transmission systems.

Surge in household wealth fueling US economic growthĀ 

The net worth of the typical U.S. household grew at the fastest pace in...

LSU’s Angel Reese signs endorsement deal with ReebokĀ 

Star LSU basketball forward Angel Reese has a new endorsement deal with a major...

ExxonMobil doubles down on fossil fuels with $59.5B dealĀ 

ExxonMobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion―its largest buyout since acquiring Mobil two decades ago―creating a colossal fracking operator inĀ West Texas.