U.S. Energy Information Administration – One America News Network

CASTLE DALE, UT - OCTOBER 9: Piles of coal sit in front of Pacificorp's 1440 megawatt coal fired power plant on October 9, 2017 in Castle Dale, Utah. It was announced today that the Trump administration's EPA will repeal then Clean Power Plan,that was put in place by the Obama administration. (Photo by George Frey/Getty Images)

Trump Plans Massive Coal Revival To Counter China’s Energy Strategy

President Donald Trump announced Monday evening he is “authorizing” his administration to produce coal power, citing China’s “tremendous economic advantage” over the U.S. due to the world power’s pro-coal policies.

Shoppers walk at a store during Black Friday sales in the Manhattan borough of New York City, New York, U.S., November 26, 2021. REUTERS/Jeenah Moon/File Photo

Strong discretionary spending lifts US retail sales in September

Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.

A view of a Marathon gas station in Baltimore, Maryland on May 29, 2024. US energy giant ConocoPhillips announced on May 29 that it will acquire competitor Marathon Oil in an all-stock transaction valued at $22.5 billion, including $5.4 billion in debt, a major expansion despite pressure to move away from fossil fuels. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

ConocoPhillips Buys Marathon Oil For $17.1B As Energy Prices Rise

ConocoPhillips agreed to buy Marathon Oil for $17.1 billion on Wednesday in an all-stock transaction, which will increase the company’s assets as the broader oil and gas industry undergoes a major wave of unification.

A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. REUTERS/Vincent Alban/File Photo

US retail sales beat expectations; weekly jobless claims fall

U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting.