7 results

• MoneyWhy is cheap long-haul flying so hard to make profitable?Norse Atlantic is flying with reduced capacity as jet-fuel prices squeeze its economics. The problem is broader than one airline: long-haul flying combines expensive aircraft, volatile fuel, thin margins and fewer ways to recover when something goes wrong.
• ExplainedCountries keep emergency oil underground for moments exactly like this.The IEA is discussing another coordinated release of oil and diesel stocks as energy markets face supply disruptions. Strategic reserves exist to buy time during severe shortages, not to make fuel permanently cheap.
• TechGoogle just signed for 3.6 gigawatts of power. AI is turning tech companies into energy companies.Google’s new Constellation Energy agreement covers 3,590 MW of power, including 890 MW of added nuclear capacity. The deal shows how AI competition is moving from chips and models into electricity, grids and long-term energy contracts.
• ExplainedCarbon dioxide gets the attention. Faster climate wins may come from the pollutants beside it.Methane, black carbon, ground-level ozone, nitrous oxide and high-warming refrigerants can have an outsized effect on near-term warming. Cutting them does not replace CO₂ reductions, but it can slow warming faster.
• MoneyA few narrow stretches of water can still move the price of almost everything.Energy companies are reconsidering a just-in-time export system after disruptions around the Strait of Hormuz and Bab el-Mandeb. The lesson is bigger than oil: global supply chains can be efficient and still be fragile.
• MoneyInflation can fall. The cost-of-living crisis can keep going.When inflation slows, prices usually do not return to where they started. New IMF research says repeated food and energy shocks can also change what households expect about future inflation and push more people into poverty.
• PeopleUnemployment can be low while the job market still feels terrible.The U.S. is approaching the 2026 midterms with unemployment around levels economists call full employment, yet hiring is slower, job switching is weaker and many workers feel insecure. The unemployment rate only measures one part of labor-market health.