Tech companies are creating an energy Wild West grabbing land and turbines. Desperate for Electricity The Wall Street Journal reports AI Data Centers, Desperate for Electricity, Building Their Own Power Plants In West Texas, natural-gas-fired power generation is under construction as part of the $500 billion Stargate project from OpenAI and […]
Big Medicare changes are coming. My plan was cancelled. Will yours? Expect Skinnier Benefits, Higher Premiums and Fewer Options Open enrollment for 2026 is underway. The Wall Street Journal reports Big Changes Are Coming for 2026 Medicare Plans. Note: That is a free link courtesy of the WSJ. Last year, seniors […]
Bessent mentioned seven price floor areas in a CNBC interview but did not name them. Price Floors Across a Range of Industries The discussion of price floors is in relation to the US trade war with China, especially rare earth metals. However, it’s not just rare earths. Treasury Secretary Scott […]
Are we going to invade? “We are certainly looking at land now,” said Trump. Head of the U.S. Military’s Southern Command Resigns The New York Times reports Head of the U.S. Military’s Southern Command Is Stepping Down The officer, Adm. Alvin Holsey, is leaving his job as head of the U.S. […]
A Nobel Prize economist argues against extreme hype in both directions. The Real AI Risk While AI doomsday scenarios dwell on the risks posed by superintelligent robot overlords, one Nobel-Prize winning economist fears a more mundane possibility. Bloomberg reports The Real AI Risk is ‘Meh’ Technology That Takes Jobs and Annoys […]
US consumers are increasingly dependent on Medicare, Medicaid, SNAP and Social Security. Personal Current Transfer Receipts Definition Q: What are Personal Current Transfer Receipts? A: The Bureau of Economic Analysis (BEA) explains PCTR consists of income payments to persons for which no current services are performed. It is the sum […]
After doing everything to get rid of fossil fuel producers, Governor Newsom has second thoughts. Climate Focus Shifts in California The Wall Street Journal reports California Wants to Halt Oil Industry Exodus After Years of Climate Focus Gov. Gavin Newsom’s office made its first-ever call to Chevron’s refining chief last week, […]
Sanctions and tariffs have not only united China and Russia, but also the world against dollar dominance. Our Biggest Miscalculation Eurointelligence has an interesting article on Our Biggest Miscalculation. Let’s tune in. The biggest geopolitical error of our decade has been the west’s attempt to isolate Russia and China at the […]
From theory and small-scale tests to reality, will fusion ever scale? US Energy Secretary Chris White says Nuclear Fusion Will Soon Power the World. Don’t worry too much about planet-warming emissions, the US Energy Secretary has told the BBC, because within five years AI will have enabled the harnessing of nuclear […]
A Gallup poll shows the percentage of Americans saying college is “very important” has fallen to 35% Please note The Perceived Importance of College Hits New Low Americans have been placing less importance on the value of a college education over the past 15 years, to the point that about a […]