As the US grapples with a housing shortage, one possible solution is playing out in California right...
As the US grapples with a housing shortage, one possible solution is playing out in California right now — and the state may have struck gold. Tiny homes, called accessory dwelling units, or ADUs, have filled in backyards from San Jose to San Diego. Go inside the trend here.
U.S. drillers cut the most oil and gas rigs in a month since June 2020
U.S. energy firms in February cut the most oil and natural gas rigs in...
U.S. energy firms in February cut the most oil and natural gas rigs in a month since June 2020, with the gas rig count falling to the lowest since April. The total oil and gas rig count, an early indicator of future output, fell seven to 753.
U.S. oil rigs fell seven to 600 this week, while gas rigs were unchanged at 151.
For the month, the total oil and gas rig count was down 18, falling for the third month in a row for the first time since July 2020.
The oil rig count was down nine in February, while the gas rig count also fell nine in its biggest monthly drop since April 2020.
U.S. stocks end sharply lower Friday as S&P 500 suffers worst week this year
Stocks ended sharply lower Friday, leaving major indexes with hefty weekly losses, after...
Stocks ended sharply lower Friday, leaving major indexes with hefty weekly losses, after the personal consumption expenditures price index for January came in hotter than expected, cementing expectations the Federal Reserve will move rates higher than investors previously anticipated in the effort to rein in inflation. The Dow Jones Industrial AverageDJIA fell around 337 points, or 1%, to close near 32,817, according to preliminary data, while the S&P 500SPX shed 1.1% to finish near 3,970. The Nasdaq CompositeCOMP dropped 1.7% to end near 11,395. The Dow suffered a 3.7%weekly fall, with the S&P 500 down 2.6% and the Nasdaq off 1.6%.
