Marketplace All-in-One What's next for interest rates? Look to the Fed minutes.
Oct 7, 2025
Curious about the future of interest rates? The upcoming release of the Federal Reserve's meeting minutes will shed light on the debates behind rate cuts. In other news, the IRS is shaking things up by appointing its first CEO, a move that could enhance oversight. Meanwhile, renewable energy has officially dethroned coal as the largest electricity source globally. Plus, OPEC+ is pumping more oil into the market, which might affect U.S. producers and prices. Tune in for these insightful discussions!
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New IRS CEO Role And Political Sidestep
- The IRS created a new CEO role and named Frank Bisignano while Treasury Secretary Scott Besant remains acting commissioner.
- The move may let the administration sidestep Senate confirmation for IRS leadership.
Renewables Overtake Coal Globally
- Renewable energy overtook coal as the world's largest electricity source for the first time in over a century.
- Ember's report marks this as a turning point in the global energy system.
A Two-Speed Global Energy Transition
- Justin Rowlett highlights divergent speeds: China and lower-income countries are in a solar boom while developed countries lag.
- That split characterizes the global transition and its uneven pace.