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NY State Public Service Commission Approves 29 Power Projects, Valued at $636.2 Million

June 12 (Reuters) – The New York State Public Service Commission approved 29 infrastructure projects worth $636.2 million, enabling 642 megawatts of electrification upgrades, the commission said on Thursday. These projects were proposed by Consolidated Edison (ED.N), Niagara Mohawk Power Corporation, New York State Electric & Gas Corporation (NYSEG), and Rochester Gas and Electric Corporation …

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Trump Says He Won’t Fire Fed’s Powell But ‘May Have to Force Something’ on Rates

(Reuters) – U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he “may have to force something” as part of his ongoing push for the central bank to lower rates. “Raise your rates. You don’t have to keep them up here. If it’s going to go …

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Trump Frustrated About the Recent Rise in Oil Prices

(Reuters) – U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East. Both global and U.S. oil prices surged more than 4% on Wednesday to their highest levels since early April before easing a bit on Thursday. “I don’t like – the …

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