Ohio’s not alone when it comes to using ratepayer money to fund controversial coal-plants

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COLUMBUS, Ohio — While Ohio electricity customers are paying money under the scandal-ridden House Bill 6 to subsidize two aging coal power plants in Ohio and Indiana, they aren’t the only ratepayers getting billed to support the plants.In several other states, customers of the big utilities that collectively own the Kyger Creek and Clifty Creek … Read more

U.S. & European stock futures rise, oil bounces

U.S. & European stock futures rise, oil bounces

An electronic stock quotation board is displayed inside a conference hall in Tokyo, Japan November 1, 2021. REUTERS/Issei KatoRegister now for FREE unlimited access to reuters.comRegisterAsian stock markets :Asia shares ease, but U.S. futures bounceU.S. CPI seen sealing case for early Fed taperLonger-term Treasuries give up some gainsOil bounces as Saudi Arabia raises its pricesSYDNEY, … Read more

Jill On Money: R.I.P. transitory inflation

Jill On Money: R.I.P. transitory inflation

A week ahead of the Federal Reserve’s final meeting of the year, Chair Jerome Powell testified before the Senate Banking Committee and admitted what most economists had been saying for some time: the term “transitory” has overstayed its welcome, when it comes to describing inflation. Jill Schlesinger  For months, Fed officials have clung to the … Read more

Myanmar’s Aung San Suu Kyi sentenced to four years in jail | Aung San Suu Kyi News

Myanmar’s Aung San Suu Kyi sentenced to four years in jail | Aung San Suu Kyi News

A court in Myanmar has sentenced the country’s deposed leader Aung San Suu Kyi to four years in jail. A spokesman for Myanmar’s military told the AFP news agency on Monday that Aung San Suu Kyi was found guilty of incitement and of violating COVID-19 rules. Zaw Min Tun said she received two years in … Read more

Summit for Democracy will follow the money

Summit for Democracy will follow the money

Key to the success of the summit will be defining the main challenge facing democratic society. Kleptocrats like President Vladimir Putin of Russia combine corruption and brutality at home with disinformation and disruption attacks abroad to degrade the democratic rule of law. Drug trafficking empires — with global revenue of $150 billion annually — damage … Read more

Return to tradition: Biden celebrates Bette Midler, Joni Mitchell at Kennedy Center Honors

Return to tradition: Biden celebrates Bette Midler, Joni Mitchell at Kennedy Center Honors

WASHINGTON, Dec 5 (Reuters) – President Joe Biden celebrated artists including Bette Midler, Joni Mitchell and Lorne Michaels on Sunday at the Kennedy Center Honors, bringing back presidential participation to an annual event skipped by Republican Donald Trump.Singer Justino Díaz and Motown founder Berry Gordy rounded out the group of artists selected by the Kennedy … Read more

Mobile Money Transaction Values to Exceed $870 Billion in Emerging Markets by 2026, as the Payments-as‑a‑platform Model Accelerates

Mobile Money Transaction Values to Exceed $870 Billion in Emerging Markets by 2026, as the Payments-as‑a‑platform Model Accelerates

BASINGSTOKE, England, December 06, 2021–(BUSINESS WIRE)–A new study from Juniper Research has found that the total value of mobile money transactions in emerging markets will exceed $870 billion in 2026, up from $555 billion in 2021; representing growth of almost 60%. Mobile money in emerging markets includes microinsurance, microloans, microsavings and mobile money transfer.This growth … Read more

Myanmar’s Aung San Suu Kyi sentenced to four years in prison

Myanmar's Aung San Suu Kyi sentenced to four years in prison

Suu Kyi, 76, faces almost a dozen charges including incitement, violation of Covid-19 protocols and violation of the Official Secrets Act, which add up to combined maximum sentences of more than 100 years. She has rejected all allegations.Suu Kyi was Myanmar’s state counselor and de facto leader until the military seized power in a February … Read more

Millennial money: Sustaining generosity beyond the holidays | News, Sports, Jobs

Millennial money: Sustaining generosity beyond the holidays | News, Sports, Jobs

2020 asked a lot from us. We faced new challenges and reckoned with old ones, and often the world’s problems collided with our own individual needs. Help — whether in donations or even just attention — might’ve been hard to give when you required some yourself. If your finances are in better shape this giving … Read more

Trump brokers deal to remake the field in N.C. Senate race

Trump brokers deal to remake the field in N.C. Senate race

Walker, who was rumored for weeks to be considering a House run, has not formally announced his plans to drop out of the Senate race. Candidate filing in North Carolina begins at noon Monday. Despite the former president’s endorsement and the multimillion-dollar backing from Club for Growth’s super PAC, Budd has failed to surpass former … Read more