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May 8 (Reuters) - Vanguard Group, the largest provider of mutual funds, has secured regulatory approval to continue to own big stakes in U.S. power utilities, overcoming Republican concerns over its environmental, social and governance (ESG) policies. Regulators had previously allowed Vanguard to exceed that antitrust limit on the basis that this would not interfere with the utilities' operations. Vanguard countered that its funds do not exert control over the decisions of the utilities. Vanguard reiterated in a statement on Monday that it leaves "management decisions to companies and policy decisions to policymakers." A representative for Indiana Attorney General Todd Rokita, one of the leaders of the group challenging the FERC extension, said he would comment in coming days.

☆ I bought a pre-built tiny house for my yard that brings in passive income. Here's how I set it up.
▼ + stars: | 2023-05-02 | by ( Jenna Gyimesi | ) www.businessinsider.com time to read: +9 min

She bought and rents out a tiny house in her yard to pay for her mortgage. For example, the tiny house in my yard completely pays the mortgage for the home my fiance and I live in. My first tiny house was a converted detached garage already in my yard. Steph DouglassMy tiny house was $89,000 and fully finished insideI bought a pre-built, fully finished tiny house from a local place called Creative Living Solutions for about $89,000 which included delivery and tie-down fees (which secure the tiny house in place). Change the title of your online listing frequentlyI shop at second-hand stores to decorate my tiny house.

☆ How Electrifying Everything Became a Key Climate Solution
▼ + stars: | 2023-04-14 | by ( Nadja Popovich | Brad Plumer | ) www.nytimes.com time to read: +19 min

Water heating Air conditioning Space heating Refrigeration Washing and dry. Refrigeration Air conditioning 16% electric Water heating 99% Refrigeration Air conditioning Residential Cooking Space heating Refrigeration Other 96% Lighting and electronics Lighting and elec. Cooking 2021 Current Electricity Use Electricity as percent of total energy consumed in 2021 36% Water heating Space heating Washing and dry. Cooking 2050 Net Zero Pathway Electricity as percent of total energy consumed in a high-electrification scenario Water heating Space heating 63% Washing and dry. Air conditioning Refrigeration Other Air conditioning Water heating 99% Refrigeration Space heating 96% Other Lighting and electronics Lighting and elec.

☆ Dominion Energy to buy solar project in Virginia
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +1 min

April 11 (Reuters) - Utilities firm Dominion Energy Inc (D.N) will buy Longroad Energy's 108 megawatt solar project in Virginia, the U.S.-based renewable energy developer said on Tuesday. The solar project, called Foxhound, has been in development for six years and will produce enough clean energy to power more than 17,000 homes, Longroad said in a press release. Dominion and other large U.S. utilities with renewable projects are set to benefit from new federal clean-energy funding in the $430 billion Inflation Reduction Act. The act provides billions of dollars in tax credits and direct payments for solar, wind, battery and other energy sources to transition from fossil fuels. The financial close of Dominion's acquisition is expected upon mechanical completion of the project in January 2024.

☆ Key inflation data and earnings reports loom as labor market signals a slowing U.S. economy
▼ + stars: | 2023-04-06 | by ( Jesse Pound | ) www.cnbc.com time to read: +4 min

Fed officials have been pointing to the tight labor market as an area of concern for inflation, using it as evidence that it hasn't tightened rates enough. After months of strategists and investors complaining that earnings estimates are too high, they've started to fall — but with a catch. If the trough in earnings is close, then the stock market could be in for a big year. ET - Producer price index Friday: Earnings: UnitedHealth, JPMorgan Chase, Wells Fargo, BlackRock, Citigroup, PNC Financial 8:30 a.m. ET - Fed H.8 data on assets and liabilities of U.S. commercial banks

☆ European stocks cautiously higher at open ahead of euro zone and U.S. inflation data
▼ + stars: | 2023-03-31 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Mining stocks were up 0.8%, while retail extended Thursday's rally, up 0.6%. European stock markets nudged higher at Friday's open, ahead of the U.S. inflation print coming in the afternoon. Friday will also see a flash estimate of euro zone and French inflation. Preliminary figures from Germany put inflation at 7.8%, lower than the previous month but above of a consensus estimate of 7.5%. European Central Bank policymakers have this week suggested more interest rate hikes are necessary, but may come at a slower pace.

☆ This low volatility ETF is ripe for a rebound, UBS says
▼ + stars: | 2023-03-29 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

David Perlman, an ETF strategist at the bank, said in a note to clients that UBS added the Invesco S & P 500 Low Volatility ETF (SPLV) to its list of favorite exchange traded funds. The SPLV, which holds the 100 stocks in the S & P 500 with the lowest realized volatility over the past 12 months, was rebalanced in February and now holds sizeable positions in some of UBS's favorite sectors. Notably, this suggestion means that UBS is calling for investors to ignore what has worked in 2023 so far. The fund has outperformed the S & P 500 over the past year, with a loss of 6% on a total return basis versus down 10.9% for the SPDR S & P 500 ETF, even when accounting for SPLV's 0.25% expense ratio and its poor first quarter. UBS removed several energy funds from its list of preferred ETFs, including the iShares U.S. Oil & Gas Exploration & Production ETF (XOP) .

☆ Play ultimate defense with these stocks that rise when volatility goes wild on Wall Street
▼ + stars: | 2023-03-13 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

The Cboe Volatility index (VIX) , Wall Street's preferred fear gauge, reached a level not seen since late 2022 and neared territory considered highly risky . To find volatility winners, CNBC Pro screened for stocks that tend to rise when the volatility index gains. This is not normal as most stocks fall when fear is high on Wall Street and the VIX pops. These stocks had a median advance of at least 1% during those months when volatility surged. Its shares have fallen 12% so far in 2023 amidst a 20.3% decline during the past 12 months.

☆ U.S. manufacturing output surges in January
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +2 min

Manufacturing output increased 1.0% last month, the Federal Reserve said on Wednesday. Two additional rate hikes of 25 basis points are expected in March and May. The increases in manufacturing and mining offset the tumble in utilities, leaving overall industrial production unchanged. Industrial output dropped 1.0% in December. Capacity utilization for the manufacturing sector, a measure of how fully firms are using their resources, rose 0.6 percentage point in January to 77.7% in January.

There are "continued calls for violence directed at U.S. critical infrastructure," the agency warned last February, "as a means to create chaos and advance ideological goals." Law enforcement and utility companies, though, say they're working to resolve the open cases and prevent future attacks. Members of accelerationist groups have been charged with several plots in recent years to attack critical infrastructure. "The critical infrastructure element has become one of the core components of neo-fascist accelerationist movements in the US. "They don't really care who is doing the violence, who's doing the critical infrastructure attacks, Lewis said.

☆ The Club's worst performing stocks in 2022 helped fuel January's rally. Can it last?
▼ + stars: | 2023-02-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

Wall Street finished the first month of 2023 on a high note, with the S & P 500 rising 6.2% for its best January performance since 2019. The 10 worst-performing stocks in Jim Cramer's Charitable Trust in 2022 climbed an average of 21% in January. Those holdings, which climbed an average of 39.8% in 2022, only rose an average of 0.9% in the first month of this year. Of the S & P 500's 11 sectors, energy was the only one to finish 2022 in positive territory, gaining 59%. But it remains to be seen whether January's market leaders will continue to power the S & P higher as the year progresses.

☆ VCs are investing in these hot areas of climate tech
▼ + stars: | 2023-01-15 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Tens of billions of dollars are up for grabs for startups trying to solve the climate crisis. That means tens of billions of dollars are up for grabs for startups trying to solve the climate crisis. Industries known to be big polluters, such as agriculture, utilities, and commercial shipping, are ripe for change, the VCs said. Maxwell added that the influx of cash was encouraging more entrepreneurs and former Big Tech employees to enter the field. Methane is a far more potent greenhouse gas than carbon dioxide, so sizable reductions could be a climate win.

☆ Chartmaster: Go long REITs vs. utilities
▼ + stars: | 2023-01-11 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChartmaster: Go long REITs vs. utilitiesThe Chartmaster looks at REITs and utilities, two of the most rate-sensitive areas of the market. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and Courtney Garcia.

☆ This dividend stock fund is beating the market. Here's its strategy and positions
▼ + stars: | 2023-01-10 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

The firm's Integrity Dividend Harvest Fund ended 2022 down just 1.45%, while the broader market saw its worst year since 2008. So far in 2023, Integrity Dividend has gained more than 5%, while the S & P is up only a little more than 1%. IDHIX 1Y mountain Integrity Dividend Harvest I outperformed the S & P 500 in 2022. The stock, which gained more than 19% last year, has a 3.65% dividend yield. "They're pointing to 6% to 7% long-term annual earnings growth, along with dividends growing in lockstep to their earnings," Radke said.

☆ These low-volatility stocks beat the market last year — and analysts see further upside in 2023
▼ + stars: | 2023-01-04 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

As market pros warn investors of bumpy times ahead , CNBC Pro used FactSet data to screen for low-volatility stocks that not only beat the market in 2022 but are expected to rise further this year. "Beta" is a measurement of a stock's volatility ; a beta of 1 means that a stock's volatility is equal to the market, whereas a beta below 1 means that stock is less volatile than the market. Its largest shareholder Deutsche Telekom made the list too, with the company given average upside of 34.5%. Fertilizer Stocks Fertilizer stocks Nutrien and Corteva made the screen too. Some 54% of analysts covering the stock still rate it a buy, however, with consensus estimates give the stock average upside of 38.6%

☆ The Christmas Electric Grid Emergency
▼ + stars: | 2022-12-27 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

As temperatures plunged this weekend, Americans in much of the country were told to turn down their thermostats and avoid using large appliances to prevent rolling blackouts. The cascading grid stress came at an awful time but was all too predictable to anyone paying attention. The interconnected U.S. grid is supposed to be a source of resilience, but the government’s force-fed green energy transition is creating systemic vulnerabilities that politicians don’t want to acknowledge. Utilities and grid operators weren’t prepared for the surge in demand for natural gas and electricity to heat homes, which occurred as gas supply shortages and icy temperatures forced many power plants off-line.

☆ Factbox: About 1.2 million without power in United States from winter storms
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +1 min

Dec 23 (Reuters) - Just over 1.2 million homes and businesses were without power in the eastern half of the United States and Texas on Friday as winter storms battered much of the country, according to data from PowerOutage.us. U.S. utilities were working to restore power after the storms moved on from their service territories but some were still dealing with high winds. Most outages were in Maine, with just above 250,000 customers without power, followed by New Hampshire, New York, Pennsylvania and Virginia. Nearly half of the 50 U.S. states counted more than 10,000 customers with outages due to the storms. The utility with the most outages was Central Maine Power with over 210,000 customers without power.

☆ Factbox: More than 800,000 without power in U.S.
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +1 min

Dec 24 (Reuters) - More than 800,000 homes and businesses were without power in the eastern half of the United States and Texas as winter storms battered much of the country, according to data from PowerOutage.us. U.S. utilities were working to restore power after the storms moved on from their service territories but some were still dealing with high winds. The greatest numbers of outages were in New England in the northeast, with 248,162 customers without power in Maine, followed by New Hampshire, New York, Virginia and North Carolina. Nearly half of the 50 U.S. states counted more than 10,000 customers with outages due to the storms. The utility with the most outages was Central Maine Power with 188,861 customers without power.

☆ U.S. manufacturing output dragged down by motor vehicle weakness
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +3 min

Manufacturing output fell 0.6% last month, the Federal Reserve said on Thursday. Mining output fell 0.7% last month, matching the decline in October. That offset some of the weakness in manufacturing and mining, leading to a 0.2% drop in overall industrial production. Industrial output slipped 0.1% in October. It is 0.1 percentage point above its 1972-2021 average.

☆ U.S. utilities to triple battery storage capacity by 2025 -EIA
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +2 min

Companies U.S. Energy Information Administration FollowDec 8 (Reuters) - Power utilities in the United States could triple their battery storage capacity in the coming three years, as new projects grow bigger while wind and solar capacity expand, the U.S. Energy Information Administration (EIA) said on Thursday. Battery storage capacity, which only started to take off in the United States in 2020, was expected to reach 9.1 GW by end-2022, before doubling in 2023 to 19 GW and hitting 28.4 GW in 2024. Texas, which accounts for 7.9 GW of all planned battery storage additions until 2025, is expected to house 42.5 GW of wind capacity and 30.9 GW of solar capacity by that year. California, which currently hosts 16.8 GW of solar capacity with planned additions of 7.7 GW in the next three years, will install 7.6 GW of battery storage in that period. "As more battery capacity becomes available to the U.S. grid, battery storage projects are becoming increasingly larger in capacity," the EIA said, noting that more than 23 large-scale battery projects, between 250 MW and 650 MW, were slated to be deployed by 2025.

☆ S&P posts 4th straight decline as recession talk weighs on Wall Street
▼ + stars: | 2022-12-06 | by ( David French | ) www.reuters.com time to read: +4 min

[1/2] The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. However, technology names generally suffered as investors applied caution toward high-growth companies whose performance would be sluggish in a challenging economy. Most of the 11 major S&P sectors declined, with energy and communications services (.SPLRCL) joining technology (.SPLRCT) as leading laggards. Future economic growth prospects were in focus on Tuesday following comments from financial titans pointing toward uncertain times ahead. The S&P 500 posted three new 52-week highs and nine new lows; the Nasdaq Composite recorded 52 new highs and 262 new lows.

☆ Blinken to announce help for Ukraine's power transmission on Tuesday - U.S. official
▼ + stars: | 2022-11-28 | by ( Humeyra Pamuk | ) www.reuters.com time to read: +2 min

[1/4] US Secretary of State Antony Blinken arrives at Henri Coanda airport, in Bucarest, on November 29, 2022, ahead of a NATO meeting. Daniel MIHAILESCU/Pool via REUTERSBUCHAREST, Nov 28 (Reuters) - U.S. Secretary of State Antony Blinken on Tuesday will announce new assistance to help restore Ukraine’s power transmission ability in the face of Russian attacks targeting the country’s energy grid, a senior State Department official said. Blinken arrived in Romania on Monday evening ahead of a meetings with NATO allies and foreign ministers from the Group of Seven advanced economies. The official did not specify what form the assistance would take or how much it would be worth. “They’re out in the open, they’re not in buildings, they’re very hard to protect," the official said.

☆ The November jobs report and the Fed matter most to markets in the week ahead
▼ + stars: | 2022-11-25 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

November's jobs report is the big event for markets in the week ahead, and it could provide important insight into the path of Federal Reserve interest rate hikes. The labor market has cooled only slightly, as other parts of the economy have slowed. But the labor market has been more resilient than expected, challenging the Fed's efforts to tame inflation by slowing economic activity. Besides the jobs report, there is the Job Openings and Labor Turnover Survey (JOLTS) report Wednesday, as well as the Fed's beige book on economic activity. "Holding above 4,000, as we await the jobs report and those other economic reports would be constructive for one more move before Christmas," he said.

☆ Duke Energy Enters Into Amazon Cloud Deal
▼ + stars: | 2022-11-22 | by ( Belle Lin | ) www.wsj.com time to read: +3 min

Duke Energy Corp. said it has signed a three-year deal with Amazon. com Inc.’s cloud-computing unit as the electric power and natural gas holding company aims to advance its power grid improvements and clean energy goals. Charlotte, N.C.-based Duke will use Amazon Web Services to run applications that predict electricity needs on its power grid, and where and how the grid should be updated to meet those needs. Ms. Titone oversees an information-technology department of more than 2,000 people, with about 400 focused on accelerating Duke’s cloud transition. There are certainly things that we need to house and maintain in our own data center,” Ms. Titone said.

☆ I bought a pre-built tiny house that now pays my mortgage. Here's how I set up the rental in my yard and for only an $18,000 down payment.
▼ + stars: | 2022-10-19 | by ( Jenna Gyimesi | ) www.businessinsider.com time to read: +9 min

She bought and rents out a tiny house in her yard to pay for her mortgage. For example, the tiny house in my yard completely pays the mortgage for the home my fiance and I live in. My first tiny house was a converted detached garage already in my yard. Steph DouglassMy tiny house was $89,000 and fully finished insideI bought a pre-built, fully finished tiny house from a local place called Creative Living Solutions for about $89,000 which included delivery and tie-down fees (which secure the tiny house in place). And then once I pay the management fees, my mortgage, and the tiny house mortgage I'm basically breaking even.

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