The number of people with credit cards and personal loans hit record highs in the second quarter of 2022, according to TransUnion's latest report.

Global food prices dipped 8.6% in July, falling for the fourth consecutive month after reaching a record high in March, the UN's Food and Agriculture Organization said Aug. 5. The FAO's food price

More evidence of demand destruction in advanced economies emerged Aug. 5 when a closely watched survey of consumer habits by the Office of National Statistics showed that 42% of adults in the UK

The Southwest Power Pool issued a resource advisory Aug. 4 due to high load and resource availability uncertainty as wholesale spot prices remain above $100/MWh. Parts of Texas, Oklahoma, Kansas, Nebraska, Wyoming, South

Brutally dry conditions in parts of Southern Europe have led to a significant downturn in hydropower generation so far in 2022, exacerbating an already perilous situation in the energy market as the EU

German steel producers and traders expect prices to see some upward momentum over August amid low supply, as production levels are expected to drop, according to data from S&P Global Commodity Insights' monthly

Russia's state-controlled Gazprom said Aug. 4 the risk of a sanctions impact related to the maintenance of key Nord Stream gas turbines also concerned three units currently awaiting overhaul. In a statement, Gazprom

Midstream operators in the Permian Basin are racing to add natural gas processing capacity to accommodate booming production in the Texas shale patch, with Targa Resources the latest company to announce plans for

China's petrochemical sector is expected to strain under operating losses, at least through the third quarter, though propane dehydrogenation plants' negative margins since fourth-quarter 2021, are easing as import costs of propane feedstock

Kazakhstan has prepared a draft order to ban coal exports via road for the next six months, as part of its efforts to secure domestic supplies and cater to local power needs, the