(Reuters) – Futures tracking the Nasdaq leapt on Thursday on gains in heavyweight technology stocks, aided by broadly unchanged bets on the Federal Reserve easing interest rates in September despite the central bank projecting just one cut this year. Investor sentiment got a boost from softer-than-expected inflation data and Fed Chairman Jerome Powell’s acknowledgement that […]
Tag: offset
Iowa farmers offset losses by adding wind turbines to land
2024 is not expected to be a good year for farms, with the U.S. Department of Agriculture forecasting a 25% downturn in profits. But some farmers in Iowa have planted something new in the ground to offset their losses: wind turbines. Evie Haupt, 75, has three of them working the land year-round on her 160-acre […]
Lula Aims to Offset Costly Tax Break, Keep Fiscal Goal in Reach
(Bloomberg) — Brazil’s government said it will issue a provisional measure to offset the cost of a contentious payroll tax break as it seeks to keep the benefit from derailing efforts to hit its primary fiscal target this year. Most Read from Bloomberg The measure will limit tax credit compensation for companies, the Finance Ministry […]
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Greenwashing or good stewardship? Minneapolis Park Board set to consider extending carbon offset program
The Minneapolis Park Board is poised to extend a program that generates funding for trees by selling carbon offset credits to private companies that want to claim they are “offsetting” their greenhouse gas emissions without reducing them. The offset program partnership with local nonprofit Green Cities Accord provides a much needed revenue stream for the […]
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Salad chain says a cleaner farming method will offset adding steak to its menu. What is it?
Salad chain Sweetgreen is adding steak to its menu, an announcement that led to strong reactions online, with customers questioning how that would impact the company’s carbon neutral plans. Founded in 2007 and known as a fast-casual spot serving salads and bowls, Sweetgreen says it will be carbon neutral by 2027 — meaning it plans […]
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Democrats hope abortion issue will offset doubts about Biden in Michigan
LANSING, Mich. (AP) — Two women campaigning for President Joe Biden after facing medical emergencies because of abortion restrictions in their states visited Michigan on Tuesday to highlight what they say are the risks to women’s health since federal abortion protections were overturned. Democrats are aiming to make abortion rights a central issue in the […]