American Hotel and Lodging Association (AHLA) President and CEO Chip Rogers sits down with Yahoo Finance Live to talk about how rising gas prices may impact the outlook on summer travel, inflation, and the labor shortages in the leisure and travel industry.
Kwasi Kwarteng has asked National Grid to bolster electricity supplies using coal this winter amid concerns Russia’s supply of gas to Europe will be cut off.
Shares of Peabody Energy (NYSE: BTU) were dropping 4% on the day as of 9:50 a.m. ET Friday. You can thank commodity prices (and it's not just coal that I'm referring to here). Newcastle coal prices, which are also the benchmark for the Asian market, rocketed this week to above $400 per metric ton and are barely $20 away from record highs as of this writing, according to data from TradingEconomics.com.