Sanders and Ocasio-Cortez suggest legislation to stop new AI data centers, stating, ‘We are completely unready.’

Proposed Halting of AI Data Centers by Lawmakers Two lawmakers from the left are pushing to stop the construction of artificial intelligence data centers. Their argument? These centers might harm jobs and disrupt people’s ability to focus. Senator Bernie Sanders from Vermont and Representative Alexandria Ocasio-Cortez from New York recently revealed a proposal to suspend […]
Big city and state budgets are significantly overspending, putting NYC in danger, according to a fiscal watchdog: ‘not affordable and unready’

A recent report from the Fiscal Watchdog Group proclaimed that both urban and state budgets are “uncontrollable and unprepared,” especially with a potential recession on the horizon and upcoming federal cuts. The Citizens’ Budget Committee has suggested eliminating Governor Kathy Hochul’s $2 billion “Inflation Reduction Check,” which is set to be part of next year’s […]
Asia Morning Update: Analyst Claims Crypto Industry Is ‘Unready’ for Quantum Threat

Good morning, Asia. Here are the latest market updates: Welcome to the morning briefing from Asia, where we summarize key stories and market movements during US trading hours. For an in-depth look at the US market, check out Coindesk’s Crypto Daybook Americas. Bitcoin As Asia kicks off the trading day, Bitcoin’s price is approximately $106,402.39, […]