Power rates will climb in Nova Scotia, but not as much as the utility wanted
Residential power rates in Nova Scotia are going up, but not quite as much as the biggest utility in the province was hoping.
#Canada #NovaScotiaPower
https://globalnews.ca/news/11745235/nova-scotia-power-rate-hike-request/

Fed caught between slowing jobs and surging energy costs; short-term Treasury yields surge on tighter-policy bets

#Fed #Rates #OilPrices #MarketInsider

https://marketinsider.net/markets-flip-traders-now-price-in-50-chance-of-us-rate-hike-by-october-as-iran-war-fuels-oil-driven-inflation/

Markets Flip: Traders Now Price in 50% Chance of US Rate Hike by October as Iran War Fuels Oil-Driven Inflation - Market Insider

Fed caught between slowing jobs and surging energy costs; short-term Treasury yields surge on tighter-policy bets

Market Insider
The Worst-Case Economic Outcome of Trump’s Iran War

Oil shocks don’t only raise prices. They also destroy growth and jobs.

The Bulwark
Manitoba electricity hikes set by provincial regulator for three years
Manitoba electricity rates will rise over three years under a new order by the Public Utilities Board.
#Consumer
https://globalnews.ca/news/11738850/manitoba-electricity-hikes-set-by-provincial-regulator-for-three-years/
Manitoba electricity hikes set by provincial regulator for three years
Manitoba electricity rates will rise over three years under a new order by the Public Utilities Board.
#Consumer
https://globalnews.ca/news/11738850/manitoba-electricity-hikes-set-by-provincial-regulator-for-three-years/
Manitoba Hydro rates will continue to rise for another 2 years, regulator decides
Manitoba Hydro rates will continue to increase over the next two years as the provincial energy regulator has made a final decision about what the Crown corporation can charge for electricity.
https://www.cbc.ca/news/canada/manitoba/hydro-rate-hikes-9.7135537?cmp=rss
Help urged for low-income households struggling with rising power rates
A pair of Saint John poverty researchers have told N.B. Power's rate hearing that rising electricity prices are a serious affordability problem for low-income households and the utility or provincial government should match programs in place elsewhere that would help.
https://www.cbc.ca/news/nb-power-rates-low-income-households-9.7133835?cmp=rss

Bitcoin pulls back following the FED decision!

Interest rates remain unchanged, but markets are adjusting to a slower path toward rate cuts. We explain what changed: https://auriccrypto.com/news/bitcoin-slips-following-fed-decision-uncertainty-weighs/

#FED #Powell #Crypto #Rates

Bitcoin Slips Following Fed Decision, Uncertainty Weighs

Crypto markets responded negatively to the decision and, more importantly, to the Fed’s cautious outlook. Bitcoin slipped toward $71,000, while Ethereum and

Auric Crypto News
U.S. Fed holds interest rates again as Iran war creates inflation worries
In a statement announcing the 3.6% rate hold, the central bank said that the 'implications of developments in the Middle East for the U.S. economy are uncertain.'
#Economy #Money #USNews #FederalReserve
https://globalnews.ca/news/11736638/us-fed-interest-rates-iran/