Article
US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year
US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year
By Ethan Howland of UtilityDive
Electric and gas utilities in the second quarter asked state regulators to approve $9.2 billion in rate hikes, up 26% from the $7.3 billion in rate increase proposals filed in the same period last year, according to an updated report released Tuesday by the advocacy group PowerLines.
In the first half this year, utilities asked for $18.6 billion in rate hikes, down from about $25 billion in the same period last year, according to data...
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"Need Solidarity , Not Stigma": African Officials Say US Ebola-Related Restrictions Unnecessary
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The U.S. government on May 18 said it will not let people without U.S. passports enter the United States if they have been to African countries affected by, or close to, a new Ebola outbreak within the past 21 days.
As Zachary Stieber reports for The Epoch Times, the countries are Uganda, Congo, and South Sudan, the Centers for Disease Control and Prevention (CDC) said in a public health order.
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Chinese Stocks, Yuan Drop After Dismal Data Dump: Worst Retail Sales Since COVID
Chinese Stocks, Yuan Drop After Dismal Data Dump: Worst Retail Sales Since COVID
China’s consumer spending and investment slumped in May to levels unseen since the pandemic, exposing risks for an increasingly two-speed economy, as Bloomberg's Chang Shu and Eric Zhu noted:
"The supply side remains robust, driven by faster-than-expected expansion in exports and AI tech sectors.
The demand side has faltered, with consumption and private non-tech investment plummeting."
Here's the details:
Industrial Production
Industrial production (IP) growth rose modestly to 4.5% yoy from 4.1% yoy thanks to stronger-than-expected exports, although automobile output growth remained...
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