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Here are the federal leases Elon Musk is cutting in North Texas

Elon Musk along with 1999 Bryan Street in Dallas and 17629 El Camino Real in Houston (Getty, Google Maps, LoopNet)Elon Musk’s Department of Government Efficiency has canceled six federal office leases in Dallas-Fort Worth. The eliminations cut more than $1.12 million in annual rent, D Magazine reported. They are part of the Trump administration’s broader effort to reduce the government’s […]This article originally appeared on The Real Deal. Click here to read the full story.

NY Fed: Worry over outlook increases amid stable inflation expectations

(Reuters) -Americans grew more worried about the economic outlook in February even as their expectations of the future path of inflation were little changed, a report on Monday from the Federal Reserve Bank of New York said. According to the bank’s latest Survey of Consumer Expectations, inflation a year from now is seen at 3.1%, up a hair from January’s 3% reading, while the projected level of inflation three and five years from now was unchanged relative to January at 3%. The bank’s relatively calm outlook for inflation contrasted, however, with expectations of accelerating price increases for food, rent, gasoline, college and medical costs, as well as a year-ahead expected rise in home prices of 3.3%.

Baker Hughes says oil producers unlikely to increase spending this year

U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved efficiencies rather than new drilling, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday. The outlook comes as U.S. President Donald Trump's administration has repeatedly exhorted the industry to "Drill, baby, drill," to maximize oil and gas production and reduce consumer energy costs. Still, oil prices have fallen this year and many producers remain focused on capital discipline over uninhibited drilling.

The World Has Reached ‘Peak Oil Trade,’ Carlyle’s Jeff Currie Says

(Bloomberg) -- The trade in fossil fuels across borders peaked in 2017 and is set to decline as nations seeking energy security accelerate investments in renewable and nuclear power, Carlyle Group Inc.’s Jeff Currie wrote in a research note Monday.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But No

Norway Inflation Surprise Puts March Rate Cut Plan in Doubt

(Bloomberg) -- Norway’s inflation accelerated more than expected last month, calling into question Norges Bank’s long-awaited first interest-rate cut in two weeks.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpUn