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U.S. HOUSEHOLD ELECTRICITY REDUCTION
In 2021, Berkeley Lab made a roof coating that switches at 67°C. Today, it beats existing coatings in 12 of 15 US climate zones, cutting household electricity use 10%Installing TARC could help the average U.S. household reduce electricity consumption by up to 10 percent annually. Another advantage of TAR...
In 1995, Florida researchers coated a Cocoa Beach school roof white; over the following year, chiller energy use fell 10%, saving 13,000 kWh, while peak demand fell 35%A study conducted in Florida revealed that white roofs can drastically lower cooling costs, marking a significant achievement in the realm ...
Japan faces day of policy reckoning as Scott Bessent calls time on big stimulusWhile the BOJ was already widely expected to lift rates in September as inflation pressures grew, Bessent's recent comments effectively l...
Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
In 1896, American electrical engineer laid the foundation for modern electric cooking appliances with the invention of revolutionary electric stoveIn 1896, American electrical engineer William S. Hadaway Jr. received the first U.S. patent for an electric stove. His design used resistan...
US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strengthU.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...
North Korea says hostile US policy unchanged, vows to strengthen nuclear forceNorth Korea rejected US calls for denuclearisation, accusing Washington of maintaining a hostile policy through human rights criticism, mil...
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
Notre Dame engineers tested a clear window coating that filters solar heat; model interiors stayed up to 7.2°C cooler without electricityInnovators have developed a cutting-edge transparent coating that effectively blocks solar heat while still allowing natural light to perme...
U.S. added 79,000 fewer jobs in 12 months through March, BLS saysGovernment data indicates fewer jobs were created over the past year. This revision follows a surprise employment drop reported in July. Jo...
Iran presses other countries to refrain from implementing US sanctionsIran's Foreign Ministry declared all nations must avoid implementing United States sanctions. New United States economic measures were call...
US Stock Market: Warsh Jackson Hole speech puts Fed policy communication under scrutinyFederal Reserve Chair Kevin Warsh’s Jackson Hole speech is in focus as investors seek clues on U.S. interest rates, inflation and bond-mark...
Trump used to say he saw a quick end to his Iran war. Six months later, he claims he's in no hurryPresident Trump faces criticism as the six-month war against Iran continues unexpectedly. The administration now focuses on economic pressu...
The number of Americans applying for jobless aid slips to 203,000 as layoffs remain lowJobless claims in the United States have fallen to historic lows. Layoffs are rare, and most Americans currently enjoy job security. The ec...
America’s power grid can’t keep up with AI: Why hundreds of data center projects are freezingPlanned United States data center developments face significant delays and cancellations. Aging electrical grids and supply chain issues ar...
Trump signs order banning some foreign equipment from US energy gridPresident Donald Trump declared a national emergency and banned foreign equipment. This order targets bulk-power systems posing security vu...
White House to announce new drug pricing deals with biotechs: ReportThe Trump administration is expected to announce voluntary drug-pricing agreements with midsize biotech companies, requiring discounts for ...
Trump says the US doesn't need Canada. America's economy says otherwiseDespite President Donald Trump’s claim that the United States does not need Canada, both economies remain deeply interdependent. Canadian o...
Canada announces $20 billion retaliatory tariffs on US goods, unveils support measuresCanada has announced C$27.6 billion ($19.94 billion) in retaliatory tariffs on US goods, matching Washington’s latest duties dollar-for-dol...
In 2024, scientists tested a zigzag-shaped wall prototype; it was up to 3.1°C cooler than a conventional radiative-cooling wall in outdoor testsEngineers have created a groundbreaking zigzag wall that cools itself through a unique design. This structure lowers its temperature by dir...