Oregon Utility Increases Electricity Rates for AI Data Centers by 30% and Lowers Costs for Homes
Portland General Electric Adjusts Rates Portland General Electric has cut residential electricity bills by about 1.3% while imposing nearly a 30% increase on rates for industrial customers, particularly impacting AI data centers and cryptocurrency miners. According to a report, Oregon’s largest energy provider has announced a 29.7% rate hike for large electricity users, following unanimous […]
New Zealand Dollar remains stable despite weaker China CPI data
NZD/USD Movement Overview The NZD/USD pair has experienced a second consecutive day of gains, hovering around 0.5720 during Thursday’s Asian session. This uptick in the currency pair can be attributed to the New Zealand dollar’s (NZD) ongoing rise, influenced by recently released consumer price index (CPI) inflation data from China, a key trading partner. China’s […]
Portland General Electric raises data center fees due to Oregon legislation
Oregon Utility Regulators Change Electricity Rates for Data Centers Starting Wednesday, new regulations from Oregon’s utility regulators will take effect, enabling data centers and large energy consumers to see changes in their electricity rates, which may lead to increased charges for them while lowering rates for other customers. The Oregon Public Utilities Commission (PUC) has […]
Meta’s Large Wyoming AI Data Center Pollutes Cheyenne’s Wastewater Treatment System with Uncommon Bacteria
Cheyenne Discontinues Acceptance of Wastewater from Data Centers After Contamination Incident The city of Cheyenne, Wyoming, has announced a halt to accepting wastewater from data center operations. This decision follows contamination of the sewage system, linked to contractors working for Mark Zuckerberg’s Meta. Recently, the Cheyenne Public Utilities Commission disclosed for the first time the […]
Survey data shows that those not using AI are more at risk of layoffs in 2026.
Impact of AI on Employment Trends EJ Antoni, who serves as Chief Economist at the Heritage Foundation, recently shared insights on how artificial intelligence (AI) influences job dynamics, positing that it is ultimately competition that spurs job growth. Meanwhile, Cheryl Casson raised alarms about the valuation of AI, shifting investment patterns, and potential national security […]
Obamacare enrollment significantly declined in many states this past year, new federal data reveals.
Enrollment Decline in Affordable Care Act NEW YORK – Recent federal data reveals a significant drop in the number of individuals enrolled in the Affordable Care Act (ACA) over the past year, with states like Ohio and Oklahoma witnessing nearly a one-third decrease. This marks the first detailed look at enrollment trends across all 50 […]
Military personnel report increased sexual activity during Trump’s presidency, Pentagon data shows.
The military under the Trump administration seems, well, ever-prepared. Recent data from the Pentagon indicates that active-duty military personnel are engaging in a lot more intimate encounters during his presidency. In fact, prescriptions for erectile dysfunction medications are set to hit a record high in 2025, with an astonishing figure of 108,332 prescriptions written for […]
New Zealand Dollar strengthens as weak US jobs data impacts the US Dollar
The NZD/USD pair made gains toward the 0.5700 mark on Thursday, attributed to a decline in the US dollar (USD) after disappointing US jobs data surfaced. This uptick indicates a notable reduction in demand for the dollar as investors re-evaluated the Federal Reserve’s policy outlook in light of a softened U.S. labor market. Recent U.S. […]
Homicides and shootings reach historic lows in NYC, according to NYPD data
New York City experienced a remarkable decline in homicides during the first half of this year, achieving its lowest count amidst a widespread decrease in serious crimes across the city. Recent NYPD statistics highlight this trend. By the end of June, there were 122 murders across the five boroughs, reflecting a nearly 25% drop from […]
Australian Dollar increases as weak US job data impacts the US Dollar
The AUD/USD pair increased to about 0.6930 on Thursday, influenced by a weakening US dollar following disappointing labor market data from the US. The Australian dollar gained as investors reassessed the likelihood of further interest rate hikes by the US Federal Reserve, though some lackluster trade data from Australia capped its gains. The latest Nonfarm […]