• Fri, April 25, 2025

by: Fortune

The US energy slowdown is underway, and it's spreading worldwide

The oil producers and services firms are cutting budgets and production is in decline mode.

by: MLive

Detroit nonprofit's ex-finance chief gets 19 years in prison for $40M theft

A federal judge in Detroit on Thursday ordered 52-year-old William Smith to pay back the $44.3 million. The disgraced Detroit Riverfront Conservancy chief financial officer was arrested in June. He pleaded guilty in November to wire fraud and money laundering.

by: WMUR

Sources: Londonderry robbery suspects may have targeted wrong business

Londonderry police are investigating whether suspects in a robbery may have entered the wrong business, sources told News 9 Investigates.

by: legit

"Finance acts of terrorism": Police arrest three suspected IPOB members in Imo

Operatives of the Imo State Police Command have arrested three suspected IPOB members during a gun battle in Ubahu, in the Okigwe local government area of the state.

by: 9to5Mac

A tweet asked for a simple finance app: Two hours later, it existed - 9to5Mac

This new finance app takes simplicity & value to the next level by displaying just three things, daily, weekly and monthly spend.

by: PBS

PBS39 News Reports | BUSINESS OF VALENTINES | Season 2020

The National Retail Federation estimates consumers will spend $27.4 billion

by: WOOD

Why busy Ottawa Beach Road is on a 'diet'

Drivers and soon-to-be beachgoers may notice a change on Ottawa Beach Road near Holland this week as Ottawa County tries out a road diet.

by: IndieWire

'The Accountant 2' Review: Finance Takes a Backseat to Ben Affleck and Jon Bernthal's Budding Bromance

If nothing else, Gavin O'Connor's sequel deserves credit for figuring out that an autistic Ben Affleck is simply not enough to carry an action movie on his own.

by: WESH

Finance Friday | Using FIRE movement to gain financial independence

WESH 2's Jason Guy and Reshell Smith, the founder and CEO of AMES Financial Solutions, discuss how to successfully reach early retirement goals through savings and investments.

by: WPXI

Owner of local tea business feeling impact of tariffs on China

In April, the Trump Administration paused many tariffs, but not for China, the largest importer of tea.

by: Oregonian

Oregon leaders go to bat for ballpark but skeptics say 'the finances don't make a lot of sense'

The plan needs to overcome questions about funding and the stadium site. Backers also need an owner willing to spend billions for an MLB team.

by: ESPN

Smith, Carroll have 'unfinished business' in Vegas

Geno Smith said Monday that he and coach Pete Carroll have "unfinished business" with the Raiders.

by: cnbctv18

Cholamandalam Investment Q4 Results: NII up 30%; firm to launch gold loan business

Cholamandalam Investment and Finance Company Ltd. reported a net profit of ₹1,259 crore in the March quarter, which was 3.91% higher than CNBC-TV18 poll estimate of ₹1,211.6 crore. On a year-on-year basis,

by: CoinTelegraph

Crypto firms launch Wall Street-style funds: Finance Redefined

Crypto firms are launching more traditional stock offerings, responding to investor needs, and Securitize debuts a new institutional crypto fund.

by: TechRadar

Generative AI: the catalyst for business transformation

by: MSNBC

Personal finance expert shares what you need to know amid Trump's tariff whiplash

There are growing concerns over Americans' finances due to President Trump's tariff whiplash and fears of a recession. Michelle Singletary, personal finance columnist at The Washington Post, joins José Díaz-Balart to give advice to Americans amid this moment of uncertainty in the markets.

by: Bloomberg

Shriram Finance to Enter Payments Business With Mobile Wallets, Cards, UPI

Shriram Finance Ltd. plans to enter the payments business by offering mobile wallets and prepaid cards as the shadow lender seeks to diversify its offerings and boost earnings.

by: Time

Business Leaders Discuss Finding Balance Between the Human and the Technological

The TIME100 Summit convenes leaders from the global TIME100 community to spotlight solutions and encourage action toward a better world. This year's summit features a variety of speakers across a diverse range of sectors, including business, health and science, AI, culture, and more.

by: cnbctv18

Cholamandalam Investment plans Gold loan foray after Poonawalla, L&T Finance

Cholamandalam has not specified the quantum of the expansion, or the regions that it plans on marking its presence in. The company is predominantly present in the Southern part of the country.

by: Forbes

Why A2P Messaging Is Becoming A Business Essential

What's fueling this surge? And why are businesses prioritizing A2P over other communication channels?

by: BBC

Wedding business owner 'gutted' after permission refused

Katy Bird says she has had to close down her company after the council turned down planning permission.

by: Oregonian

The finances of major-league baseball in Portland: 5 takeaways from our reporting

The Oregonian/OregonLive examined the Portland Diamond Project's ambitious effort to bring baseball to the city. Here's what we found.

by: CoinTelegraph

Nomy Finance in final-stage talks to acquire MEA-based bank serving over 3M clients

Nomy Finance, a rapidly growing digital asset platform with a strong institutional foundation, has entered the final phase of negotiations to acquire a leading regional bank operating in the Middle East and Africa (MEA).

by: WDRB

Water main break on busy New Albany street impacting customers, traffic

Crews in New Albany are working to repair a water main break on a busy southern Indiana street.

by: Forbes

5 Essential Business Skills For Solopreneurs In 2025

The first one-person billion-dollar business is coming. Master these essential skills for solopreneurs in 2025 to position yourself for maximum impact with minimal team.

by: CNN

Shein and Temu just started raising prices ahead of new tariffs | CNN Business

"Cheap goods" sold on Temu and Shein aren't as cheap as they were 24 hours ago.

by: CoinTelegraph

Ethical finance must guide crypto's evolution

As crypto's speculative fervor wanes, it's time for the industry to rediscover its roots in ethical finance. Ethical finance principles can steer the crypto industry toward meaningful innovation.

by: Patch

Restaurant Among New Businesses Opening In Danbury

Here is a list of businesses that were formed in Danbury from Mar. 28 through Apr. 24, 2025.

by: Patch

See What New Businesses Recently Registered In Madison

Here is a list of businesses that were formed in Madison.

by: Forbes

Precision In Business: Lessons From Vector Design In Biotechnology

I encourage you to adopt a scientific mindset that is precise, data-driven and adaptable.

by: CNN

Opportunities abound for some in Swiss watchmaking | CNN Business

At Watches and Wonders in Geneva, CNN sees some of luxury brand Hermes' playful designs, and meets independent watchmaker Raymond Weil and watch content creator Nico Leonard, who sees opportunity in embracing change.

by: CNN

Not feeling the trade war pain yet? Get ready | CNN Business

By now, anyone with even half an eye on the news has seen headlines about how the economy is suddenly in trouble because of President Donald Trump's tariffs: Markets are swinging wildly, investors are panic-buying gold, bond yields are surging, and the dollar is falling.

by: Forbes

The EU AI Act: How Businesses Using AI Can Avoid New Fees

The EU AI Act applies to any organization, regardless of location, that markets, uses or benefits from AI systems within the EU. Non-compliance can result in hefty fines.

by: Patch

Bar, Gift Shop Among New Businesses Opening In Naugatuck

Here is a list of businesses that were formed in Naugatuck from March 28 through April 24, 2024.

by: Patch

Coffee Shop Among New Businesses Opening In Ridgefield

Here is a list of businesses that were formed in Ridgefield from Mar. 28 through Apr. 24, 2025.

by: CNN

Corporate America is sounding the alarm on tariffs | CNN Business

Some of America's biggest companies say President Donald Trump's erratic trade policy is leading consumers to spend less, raising costs for their businesses and making it impossible to plan for the future.

by: Forbes

Eight Ways To Make Blog Articles Your Website's Best Friend For SEO

Blogging isn't just a "nice-to-have" feature for your website, it's a "must-have" if you're serious about SEO and search visibility.

by: Forbes

Lean And Profitable: Bootstrapping SaaS Businesses

There are several long-term advantages you can achieve by avoiding a large influx of venture capital at certain stages of creating your SaaS business.

by: Patch

Caterer, Florist Among New Businesses Opening In East Haven

Here is a list of businesses that were formed in East Haven from Mar. 28 through Apr. 24, 2025.

by: Patch

Marketing Consultancy Among New Businesses Opening In Branford

Here is a list of businesses that were formed in Branford from Mar. 28 through Apr. 24, 2025.

by: Forbes

How To Tariff-Proof Your Finances

Tariffs are impacting American households but there are steps you can take to mitigate their impact.

by: Forbes

The Lodge Mallorca Brings New Relaxed Luxury To A Busy Spanish Island

The hotel, part of Spain's Único Hotels, is a reminder that the Balearic island isn't only for beaches and parties. Nature, gastronomy and slow living are on offer here.

by: Patch

Car Wash Among New Businesses Opening In New Milford

Here is a list of businesses that were formed in New Milford from Mar. 28 through Apr. 24, 2025.

by: Patch

Bakery Among New Businesses Opening In Orange

Here is a list of businesses that were formed in Orange from Mar. 28 through Apr. 24, 2025.

by: Patch

Clothing Boutique Among New Businesses Opening In New Haven

Here is a list of businesses that were formed in New Haven from Mar. 28 through Apr. 24, 2025.

by: Patch

Graphic Design Studio Among New Businesses Opening In Newtown

Here is a list of businesses that were formed in Newtown from Mar. 28 through Apr. 24, 2025.

by: Patch

Software Publisher Among New Businesses Opening In Wilton

Here is a list of businesses that were formed in Wilton from Mar. 28 through Apr. 24, 2025.

by: Patch

Travel Agency Among New Businesses Opening In Southbury

Here is a list of businesses that were formed in Southbury from Mar. 28 through Apr. 24, 2025.

The US energy slowdown is underway, and it's spreading worldwide

The oil producers and services firms are cutting budgets and production is in decline mode.
The article from Fortune discusses a noticeable slowdown in the U.S. energy sector, particularly in oil and gas, due to a combination of factors including lower oil prices, reduced drilling activities, and a shift towards renewable energy sources. It highlights that the number of active drilling rigs has significantly decreased, and major oil companies are cutting back on investments and focusing on cost efficiencies. The piece also touches on the impact of the global push for sustainability, with more investments flowing into clean energy, which is putting additional pressure on traditional energy sectors. The article suggests that while the transition to renewables is inevitable, the immediate future for the U.S. energy industry looks challenging, with potential job losses and economic impacts in regions heavily reliant on oil and gas.

Read the Full Fortune Article at:
https://fortune.com/article/us-energy-slowdown-underway/

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