Good news for your Fourth of July cookout - it'll be more affordable than last year. Families can expect to pay $67.73 for a party of 10, down 3% from 2022. The cookout calculation includes 12 staples. The American Farm Bureau says hamburger buns, beef, and potato salad are up in price, while chicken, lemonade and chocolate chip cookies are considerably lower.
The International Energy Agency says oil and gas companies would need to spend just a small fraction of their earnings on minimizing methane releases to have an outsize impact on curbing climate-altering greenhouse-gas emissions, but action has been lacking. The IEA says an investment of $75 billion from oil and gas companies-equivalent to 2% of the sector’s latest annual net income-between now and 2030 would cut the energy sector’s direct greenhouse-gas emissions by 15% by the same year.
Futures are mixed after stocks posted strong gains yesterday. The Dow Industrials gained 212, the Nasdaq rose a sharp 220 and the S&P 500 was up 49.