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☆ Texas natural-gas prices turn negative despite soaring heatwave temperatures
▼ + stars: | 2024-06-25 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Natural-gas prices in Texas have dropped into negative territory. AdvertisementNatural-gas prices in Texas have slipped into negative territory even amid a heat advisory for parts of the state, Reuters reported. AdvertisementTaking this infrastructure offline can lead to trapped natural gas, momentarily boosting supply. According to traders that spoke with Reuters, other reasons may have contributed to the negative price slide as well. This is the 18th time this year that Texas natural gas price have entered negative territory, the outlet said.

Persons: —, it's, Kinder Morgan, Fortune Organizations: Service, Reuters, Natural Gas Pipeline, West South Central, Energy Information Administration Locations: Texas, America

☆ These 4 US regions will see electricity bills increase the most this summer
▼ + stars: | 2024-06-20 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The average monthly US electricity bill this summer will be 3% higher than last year, the EIA says. AdvertisementThe possibility of a warmer-than-typical summer will make energy prices higher, the US Energy Information Administration said in a new report. The EIA finds that the average US electricity bill from June through August will be $173, a 3% climb over last year. The biggest dollar-amount increase will be seen in Mid-Atlantic states, where the average bill will rise by $14, the EIA said. In September, a Texas heat wave sent spot electricity prices up 20,000% and caused the state's grid operator to issue an emergency.

Persons: —, it's Organizations: EIA, Service, US Energy Information Administration, East South Central, East, Energy Information Administration, Utilities, West South Central, West Locations: New England, Pacific, East, East North Central, America, West South Central, Texas

☆ Home prices continued to soar higher across the US in the 4th quarter
▼ + stars: | 2024-02-27 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

US home prices climbed up 6.5% year-over-year in the last quarter of 2023. AdvertisementUS home prices continued their rise in the last quarter of 2023, though they showed slower growth compared to the prior quarter. The Federal Housing Finance Agency on Tuesday said home prices climbed 6.5% year-over-year in the fourth quarter, up 1.5% from the third quarter, and up 0.1% on a seasonally-adjusted basis in December compared to November. "U.S. house prices increased modestly over the course of 2023," said Dr. Anju Vajja, acting deputy director for FHFA's Division of Research and Statistics. "However, the market showed signs of softening as house price appreciation was lower in the fourth quarter of the year than in the previous quarter."

Persons: —, Anju Vajja Organizations: Service, Federal Housing Finance Agency, FHFA's Division of Research, Statistics, District of Columbia, Federal Reserve, New England, West South Central Locations: Rhode, Vermont, West Virginia, Connecticut, New Jersey, Hawaii, New

☆ DEI programing stalled in 2022—how that could 'alienate' young workers in the future
▼ + stars: | 2022-12-02 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

According to new research from Glassdoor, in September 2017, 27% of companies reviewed on the site indicated corporate investment into DEI programs like Employee Resource Groups. Access to DEI programs surged to 39% in 2020 before peaking to 43% in 2021. Where are DEI programs thriving? Young people have been very vocal about their desire to work for companies that care about diversity, equity, and inclusion — and Glassdoor reviews prove it. Black women, and people of color collectively, are also more likely to say diversity, equity, and inclusion are important than their white counterparts.

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