Amid climbing electric bills, mounting evidence suggests that data centers, the power-hungry heart of Big Tech, are playing a significant role. Policymakers are feeling the heat as they grapple with the challenge of protecting ordinary ratepayers from bearing the brunt of these escalating costs. As states work to tackle this intricate matter, finding a definitive resolution … [Read more...] about Power Bills Spike, Are Data Centers Driving the Surge?
Financial
1.4M Americans at Risk After Allianz Life Admits Major Data Breach
Allianz Life Insurance Company of North America has confirmed a significant data breach affecting the majority of its 1.4 million U.S. customers. The incident, which occurred on July 16, involved unauthorized access to a third-party cloud-based system utilized by the company. According to reliable sources, the breach was orchestrated by what Allianz Life describes as a … [Read more...] about 1.4M Americans at Risk After Allianz Life Admits Major Data Breach
Social Security, Medicare Face Funding Shortfall by 2033, Trustees Warn
The U.S. Social Security and Medicare programs, lifelines for our senior citizens, are projected to fall short of the necessary funds to provide full benefits by the year 2033, as indicated by their annual trustees reports released on Wednesday. The Treasury Department reports that this estimated shortfall, three years earlier than last year's prediction for the Medicare … [Read more...] about Social Security, Medicare Face Funding Shortfall by 2033, Trustees Warn
Trump Slams Powell Over Rates as U.S. Job Openings Decline
Our President, Donald Trump, is once again showing his mastery over economics that these ivory tower academics just can't seem to grasp. Trump's message to Jerome Powell, the Chair of the Federal Reserve, couldn't be clearer: lower those interest rates! And why shouldn't he? The ADP, a payroll processing firm, has been singing a tune we all know too well - job creation is on … [Read more...] about Trump Slams Powell Over Rates as U.S. Job Openings Decline
