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Fiscal stimulus, vaccinations lift US economy above pre-pandemic level WASHINGTON (Reuters) - The U.S. economy grew solidly in the second quarter, pulling the level of gross domestic product above its pre-pandemic peak, as massive government aid and vaccinations against COVID-19 fueled spending on goods and services ...
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Credit Suisse helped Archegos take 'potentially catastrophic' risks before losing billions when it collapsed London (CNN Business) Credit Suisse investment bankers allowed Archegos Capital to take "voracious" and "potentially catastrophic" risks that culminated in the US hedge fund's spectacular collapse in March, costing the bank $5.5 billion and causing chaos ...
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A Carbon Calculation: How Many Deaths Do Emissions Cause? What is the cost of our carbon footprint — not just in dollars, but in lives? According to a paper published on Thursday, it is soberingly high, and perhaps high enough to help shift attitudes about how much we should spend on fighting climate change. Climate ...
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Southern delays Georgia Vogtle reactors startup, boosts costs Some analysts estimate total costs have ballooned to more than $27 billion following delays related to the pandemic, the nuclear accident at Japan's Fukushima plant in 2011 and the 2017 bankruptcy of Westinghouse, the project's former contractor.
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