Banks caution that AI shopping assistants increase the risks of online fraud and data privacy issues.
Banks are warning that using artificial intelligence (AI) agents for online shopping may heighten the risk of scams, fraud, and data privacy violations for consumers. This caution comes from a report by financial institutions including Bank of America, Capital One, NatWest in the UK, ASB Bank in New Zealand, and Commonwealth Bank of Australia. They […]
Michael Whatley invests in energy stocks as North Carolina expands data centers
Inside Massive Data Centers Amid Growing Concerns Over Resource Use A recent report explores the infrastructure alongside the power and water usage of data centers, particularly highlighting facilities in Northern Virginia as the midterm elections approach. The insight covers server cooling systems, metrics for water conservation, and corporate commitments related to former President Donald Trump’s […]
House Republicans call for IRS investigation into funding for data centers tied to China.
FIRST ON FOX: With President Donald Trump gearing up for discussions with Chinese leader Xi Jinping regarding the future of artificial intelligence, two prominent House Republicans have raised alarms about the Chinese Communist Party allegedly undermining U.S. efforts to expand AI infrastructure. In a recent letter shared with Fox News Digital, House Ways and Means […]
FBI looks into ShinyHunters breach of job site, personal data of agents taken
FBI investigating alleged driver’s license theft The FBI is currently looking into claims of a black market scheme that appears to be related to stolen driver’s license records. This investigation raises significant concerns regarding national security and identity theft, especially when considering the potential compromise of millions of personal identification documents. Authorities are actively working […]
New Zealand Dollar falls close to 0.5700 following strict Fed comments before US PMI data
The NZD/USD pair has slipped to about 0.5710 in early European trading on Wednesday. The US Dollar is gaining some ground against the New Zealand Dollar due to hawkish statements from officials at the US Federal Reserve, hinting at persistent inflation issues. Traders are now focused on the preliminary Purchasing Managers’ Index (PMI) reading from […]
South Korea Chooses Texas Gas Facility to Supply Energy for AI Data Centers as Initial Part of $350 Billion Investment Agreement
South Korea Chooses Texas Plant for AI Data Centers under $350 Billion Investment Plan In a significant move, South Korea has selected a natural gas facility in Encinal, Texas, as the inaugural project of its ambitious $350 billion investment in the U.S. This facility, capable of generating 6.3 gigawatts, is intended to support artificial intelligence […]
Google faces a $463 million penalty for violating EU location data regulations
Google has been hit with a hefty fine of $463 million for not complying with the European Union’s stringent privacy regulations regarding the mishandling of users’ location information, according to a statement from the EU’s data privacy authority on Monday. The Data Protection Commission in Ireland revealed that their investigation determined Google did not handle […]
Republicans advocate for a pause on AI data center development, rather than a nationwide prohibition.
Public opinion is crucial as the midterm elections approach, and this time, voters are expressing strong views on data centers. Republican Senate candidates are becoming increasingly aware that their constituents are unhappy with data centers, according to recent polls. Many believe that the development of these large, windowless structures should face delays or be completely […]
2027 Social Security cost-of-living adjustment expected to be 3.6% based on CPI data
COLA Implications for Social Security in 2027 Social Security recipients are likely to receive a larger cost-of-living adjustment (COLA) in 2027 compared to this year, based on recent inflation estimates stemming from August figures. The COLA is determined annually, using the consumer price index (CPI) data for July, August, and September—specifically a variant called CPI-W. […]
Sherrod Brown accepted funding from Google PAC while campaigning against data centers
Sen Bernie Moreno warns of data center backlash impacting Ohio Senate race Senator Bernie Moreno recently voiced concerns about the swift growth of large data centers in Ohio and their potential influence on the forthcoming midterm elections. While Vice President JD Vance promotes these centers as vital for fueling the US artificial intelligence sector, Moreno […]