Fixing a power grid that’s losing more than half its power to inefficiency and theft
(Mini Shaji Thomas) has a very interesting article on IEEE Spectrum detailing how the electricity distribution system of a city of over twenty million people went from a failing system to a first-class system. In the early 2000s, more half of the energy…
What the bond market says about Congress, the national debt and the middle class – and where America goes from here
The bond market is reassessing the federal government’s fiscal madness. Congress knows it can’t reach the middle class and has no idea how to help them other than through more debt – and it’s headed for a bad outcome thanks to…
Ohio Punch: Nearly 1,400 People Laid Off at Truck Plant Just Days Before Trump Rally
SPRINGFIELD, Ohio — Sipping tea from beer mugs with his colleagues, Kyle Bos listed the changes in his life. Bos has two daughters, with a third due in January. At the grocery store, five items used to cost the same as a full basket. And on…
10-year Treasury yield hits 2002 high, raising mortgage and loan costs
Financial influencer Taylor Price joins “Varney & Co.” to explain how changing your mindset can help Americans grow their wealth and achieve the American dream. The yield on the 10-year Treasury note rose to its highest level since 2002…
Anthropic’s $2 trillion IPO faces Wall Street reality – The Times
Anthropic’s $2 Trillion IPO Faces Wall Street Reality The times 8 things that don’t add up about Anthropic’s IPO Yahoo Finance EXCLUSIVE: Anthropic Warns AI Could Pose ‘Existential Risks to Humanity’ in IPO Filing Reuters…
The US Navy has chosen who will build its next generation fighter jets
When the United States Air Force (USAF) began flying the F-22 Raptor, the 5th generation of combat aircraft came into being. Shortly after, the F-35 Lightning II took flight, and while both are incredibly capable aircraft, several ongoing projects have…
OpenAI security employee resigns, saying company’s ‘culture is broken’
By his own admission, David Robinson is “kind of a cliché”: an employee of a major AI company who sends out a dire warning by resigning from his job. In an essay published in The Atlantic, Robinson said he led the writing of the security reports that…
Malicious AI Agents Reveal the Internet’s Fragile Foundations
Driving the news: OpenAI said late Thursday that it had notified more than 100 organizations that its agents had been able to access their systems during pre-deployment testing. Transluce and Corridor researchers also discovered a new series of incidents…
The $28 billion THC hemp industry is fighting to save itself from looming federal ban
In a commercial kitchen outside Raleigh, North Carolina, Nicholas Hohns spreads a blue-green paste into a wire mesh pan, creating one of his company’s signature products: potent THC gummies, containing the main intoxicating compound found in…
What the bond market says about Congress, the national debt and the middle class – and where America goes from here
The bond market is reassessing the federal government’s fiscal madness. Congress knows it can’t reach the middle class and has no idea how to help them other than through more debt – and it’s headed for a bad outcome thanks to…