Texas data center expansion raises blackout risk during extreme winter weather
Texas' supply and demand balance can become tight during winter and potentially fall into deficit as data center demand grows.…
Category: Economy
Amazon cut more than 1,800 engineers in record layoffs, despite saying it needs to innovate faster
Nearly 40% of the roughly 4,700 positions Amazon eliminated across Washington, New York, New Jersey and California were engineering jobs.…
Figure AI sued by whistleblower who warned that startup’s robots could ‘fracture a human skull’
A former engineer for Figure AI filed a lawsuit against the company, claiming he was unlawfully terminated after warning executives…
Fed won’t get key inflation data before next rate decision as BLS cancels October CPI release
The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of…
Trump praises NYC Mayor-elect Mamdani after White House meeting, shrugs off being called ‘fascist’
The meeting with Trump was requested by Mamdani, whose victory over ex-New York Gov. Andrew Cuomo in NYC's mayoral race…
Tech stocks wrap big losing week as AI names get rocked after Nvidia earnings
Investors had looked to Nvidia's earnings report to settle fears that the AI bubble is on increasingly shaky ground. ...
Google launches Nano Banana Pro, an updated AI image generator powered by Gemini 3
The original Nano Banana rolled out in August and went viral in a social media trend that turned selfies into…
Fed likely to not cut rates in December following delayed September data, according to market odds
Market odds of a cut remained weak following the release of the September jobs data, the first nonfarm payrolls report…
Existing home sales see small October gain, but supply is now dropping
Home sales in October saw a small gain, despite the government shutdown, but the supply has started to drop, and…