Environment

It was a very busy week here at the CNBC Investing Club — no major shakeups to the portfolio, but we still made lots of trades to take advantage of this turbulent market. Bottom line The lingering effects of Federal Reserve Chairman Jerome Powell’s Jackson Hole speech last Friday, Aug. 26, gave us an opportunity

Economist and former Kremlin advisor Sergei Guriev on Friday warned that Russia could become like “North Korea on steroids” when President Vladimir Putin is replaced, saying the current political system would likely collapse when a new leader takes the reins. His comments come ahead of the funeral of the Soviet Union’s last leader Mikhail Gorbachev

The exterior of Crypto.com Arena on January 26, 2022 in Los Angeles, California. Rich Fury | Getty Images It took seven months for the Matt Damon-endorsed Crypto.com to realize that it accidentally sent AU$10.5 million dollars (about $7.1 million at today’s exchange rate) to a woman in Australia, instead of the 100 Australian dollar refund

Idle cranes line empty docks at the port of Constanta, Romania, on Tuesday, June 21, 2022. Oil prices will hold steady for the rest of the year with marginal declines in 2023, analysts estimated, with the exception of one who foresees “more bullish than bearish factors” for the market going forward. Andrei Pungovschi | Bloomberg

We’re buying 35 shares of Danaher (DHR) at roughly $270.33 each, and selling 25 shares of Pioneer Natural Resources (PXD) at roughly $254.87. Following Wednesday’s trades, Jim’s Charitable Trust will own 485 shares of Danaher, increasing its weighting in the portfolio to 4.5% from 4.19%, and 125 shares of PXD, decreasing its weighting in the

In this article TM TSLA VOW-DE A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images Automotive giant Toyota said Wednesday it would invest an extra $2.5 billion in a U.S. facility that

Twenty/20 In its first foray into the crypto sector, the House Committee on Oversight and Reform is dialing up the pressure on federal agencies and crypto exchanges to protect Americans from fraudsters. In a series of letters sent Tuesday morning, the committee asked four agencies, including the Department of the Treasury, the Federal Trade Commission,

Connie Black makes adjustments to the manufacturing line for the series 6 solar panels seen during a tour of a First Solar plant in Walbridge, Ohio, October 6, 2021. Dane Rhys | Reuters First Solar announced Tuesday that it will build a new solar panel manufacturing facility in the U.S. on the heels of the

We are selling 200 shares of Devon Energy (DVN) at roughly $74.72 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 700 shares of DVN, decreasing its weighting in the portfolio to 1.8% from 2.29%. It may be a down day for the broader market, but energy stocks are finding a lift thanks to

Energy Minister Van der Straeten said the link between gas prices and electricity prices needed urgent reform. Picture Alliance | Picture Alliance | Getty Images Belgian Energy Minister Tinne Van der Straeten warned that the next 5 to 10 winters in Europe will be “terrible” unless the European Union moves to swiftly impose a price

In this article TATAPOWER-IN RWE-DE India is targeting a major ramp up of its renewable energy capacity, but achieving its aims represents a big challenge. Puneet Vikram Singh | Moment | Getty Images Norway’s Climate Investment Fund and the country’s biggest pension company, KLP, are set to invest in a 420-megawatt solar power project being

This image, from March 2022, shows wind turbines in front of the Hamaoka Nuclear Power Station in Japan. The country is now planning to use more nuclear power in the years ahead. Korekore | Istock | Getty Images Japanese plans to pivot back to using more nuclear power have been welcomed by the International Energy

Airseas, the maritime unit of France’s Airbus, has developed a gigantic, automated kite called Seawing, which essentially tows a ship. Airseas The shipping industry accounts for nearly 3% of the world’s total greenhouse gas emissions, producing as much manmade carbon dioxide as all the coal-fired power plants in the U.S. combined. Still, it’s a relatively

We’re selling 35 shares of Pioneer Natural Resources (PXD) at roughly $258.60 each. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 170 shares of PXD, decreasing its weighting to 1.46% from 1.75%. In line with our recent sales of Coterra Energy (CTRA) on Monday and Chevron (CVX) earlier this month, we are taking the

In this article PXD Mehmet Oz, US Republican Senate candidate for Pennsylvania, speaks during a campaign event in King of Prussia, Pennsylvania, US, on Thursday, June 9, 2022. Hannah Beier | Bloomberg | Getty Images Dr. Mehmet Oz has championed the oil and gas industry as he vies to win a coveted Senate seat in

LONDON — Britain’s energy regulator announced Friday it will raise its main cap on consumer energy bills to an average £3,549 from £1,971 a year, as campaign groups, think tanks and politicians call on the government to tackle a cost-of-living- crisis. The price cap limits the standard charge energy suppliers can bill domestic customers for

A charging port on a 2022 Lincoln Corsair Grand Touring plug-in hybrid vehicle during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, Nov. 18, 2021. Bing Guan | Bloomberg | Getty Images California, the country’s most populous state and the center of U.S. car culture, is banning the sale of

“There’s a point when energy bills are hike[d] so high that it would be cheaper to commute to work than heat your home during the day, and for some people it will be enough to prompt a return to work,” said Sarah Coles, senior personal finance analyst at Hargreaves Lansdown. Hinterhaus Productions LONDON — High

Coal is unloaded onto large piles at the Ulan Coal mines near the central New South Wales rural town of Mudgee in Australia, March 8, 2018. David Gray | Reuters Shares of Australian coal producer Whitehaven has risen 200% this year. The share price of the Australian-listed miner has risen about 150% since the Russia-Ukraine

We’re updating the way we think about the price levels of two stocks in the Club portfolio — upgrading Qualcomm (QCOM) to a 1 rating after a recent pullback and downgrading Devon Energy (DVN) to a 2 rating after a recent rally. Qualcomm upgrade We are upgrading our rating on QCOM to a 1 rating