Inflation Is 'Broadening Out' As Producer Prices Soar Most In 4 Years

Despite Big Bounce In Revenues, TSLA Shares Drop After Disappointing Earnings After a dismal two years of weakening demand, falling sales, and damage to its brand by Elon Musk’s political activities, Tesla’s road to recovery remains mixed on the heels of an impressive delivery report. While earnings fell 18% compared to Q2 2025 to 33c a share (well below expectations of 51c) with higher AI spending and R&D weighing on profitability; the silver lining was that Revenue came in at $28.2 billion, which was 28% higher than last year (well above expectations of $26.4...

China Added 200,000 Bpd To Crude Reserves In July Despite Hormuz Crisis By Tsvetana Paraskova of OilPrice.com China is estimated to have added about 200,000 barrels per day (bpd) of crude oil to its huge inventories in July as imports rebounded from a decade-low in June and refinery runs remained depressed. The world’s top crude oil importer, unlike other major oil consumers, started drawing down on stockpiles only in May, the third month of the Middle East crisis, as it had amassed an estimated 1.4 billion barrels of crude oil in commercial...

Court Rejects DOE Order To Delay Michigan Coal Plant Retirement By Ethan Howland of UtilityDive A federal appeals court on Friday vacated the Department of Energy’s emergency order requiring the owners of a coal-fired power plant in Michigan to delay its planned retirement, saying the move usurped state authority over generating resources. “The federal government has, until now, issued stopgap generation orders in response only to transitory emergencies caused by war, extreme weather events, market manipulation, or unplanned, short-term unavailability of specific generation units,” the U.S. Appeals Court for the District of...