Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.3 percent. The GDP estimate released today is based on source data that are incomplete […]
San Francisco, CA… In response to customer and community feedback, Pacific Gas and Electric Company (PG&E) is offering customers free removal of large-diameter wood from trees that were cut down for safety during the company’s 2021 wildfire response. As PG&E worked to quickly and safely restore power during the 2021 wildfire season, crews inspected and […]
New York, NY…Ukraine & Inflation Pressures Prompt Continued Market Selloffs. As of now the Dow Jones Index is down almost 700 Points.
Salinas, CA…Each year the Rolex Monterey Motorsports Reunion celebrates the greatest achievements in motorsport by accepting only the best of the best historic race cars to compete like they once did. Come Wednesday, Aug. 17 through Saturday, Aug. 20 at WeatherTech Raceway Laguna Seca, four of the groups will pay tribute to the most famous […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis after rising 0.8 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.0 percent before seasonal adjustment. Increases in the indexes for shelter […]
Sacramento, CA— The California Public Utilities Commission (CPUC) released a proposed decision on net metering, the policy that is responsible for the growth of solar in California by making the state’s most abundant source of renewable energy affordable for consumers of all types. The CPUC proposal would add a $57 per month solar penalty fee […]
Palo Alto, CA….Consistent with our mission to accelerate the world’s transition to sustainable energy, Tesla supports net metering structures that allow customers to supply their own power using on-site renewable energy without penalty. We further support NEM reform that increases the climate and grid benefits of customer-sited clean generation through rate structures that encourage the […]
Washington, DC…Total nonfarm payroll employment rose by 199,000 in December, and the unemployment rate declined to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in leisure and hospitality, in professional and business services, in manufacturing, in construction, and in transportation and warehousing. This news release presents statistics from […]
Silver Spring, MD…Today, the U.S. Food and Drug Administration issued an emergency use authorization (EUA) for Pfizer’s Paxlovid (nirmatrelvir tablets and ritonavir tablets, co-packaged for oral use) for the treatment of mild-to-moderate coronavirus disease (COVID-19) in adults and pediatric patients (12 years of age and older weighing at least 40 kilograms or about 88 pounds) with positive […]
Washington, DC….The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by […]
