Bloomberg The biggest test of Texas’s newly fortified power grid arrives Friday morning, when electricity demand is forecast to surge as waking residents crank up heaters in the sub-freezing cold. Shortly before sunrise in Dallas, it was 20 degrees Fahrenheit (-7 degrees Celsius). Midland, in the oil- and gas-rich Permian basin, was 10. Highs will only be in the ...

  India’s federal budget, presented earlier this week, is both a presentation of the national accounts and the only statement of government policy that we get all year. This year, the accounts made for worrying reading. The government is short of money and the economy is short of momentum. As a statement of policy, however, the budget is far more ...

  Facebook parent Meta Platforms Inc. has suffered a string of public challenges in the past year as regulators intensified their scrutiny of the company and Apple rolled out a privacy feature that crimped a key source of user data. But as Meta’s wobbly revenue outlook made clear, the company is facing yet another threat to its business. The social ...