Bloomberg Electricity prices from Boston to Dallas sank to their lowest levels ever in 2016, presenting new challenges for generators more than a decade after the industry was deregulated. Power prices plunged this year as cheap natural gas cut fuel costs, and wind and solar alternatives came online. Consumers also used less electricity for the second straight year, despite ...

  Bloomberg US Steel Corp. said it will restart production at an idled plant and call back employees following an agreement to supply iron-ore pellets to third-party customers. The Pittsburgh-based steelmaker said in a statement that it will restart the Keetac plant in Keewatin, Minnesota, more than 18 months after the company idled the facility amid rising steel imports and ...

  One insistent question that will shape 2017 is whether we’re witnessing the gradual decay of the post-World War II international order, dominated by the economic and military power of the United States. After the Soviet Union’s collapse in 1991, it became fashionable to talk of the United States as the only true superpower. Pax Americana would promote peace and ...