Amazon founder Jeff Bezos is reportedly seeking investors for a $100 billion fund that would buy manufacturing companies and automate them with artificial intelligence. The news comes months after Amazon announced it cut 16,000 jobs to better develop AI. The Wall Street Journal was first to report Bezos met with some of the world’s largest […]
Utility-scale batteries are reshaping the way renewable energy is integrated on the grid. And despite their differences, California and Texas are at the forefront of deploying batteries as electricity bills rise and data centers cause a surge in electricity demand. “We are seeing a really interesting contrast of two systems coming at [power] generation from […]
The FBI on Thursday seized two domains tied to the Iranian-linked hacker group Handala, which took credit for the cyberattack last week against a global medical technology company. The two websites were replaced with FBI seizure banners that said the domains had been “used to conduct, facilitate, or support malicious cyber activities on behalf of, […]
Nearly half of Americans asked by a new YouGov poll believe the economy will collapse in the next decade. The sour sentiment comes as economic analysts have raised their recession predictions to essentially a coin toss, with the war in Iran sending oil prices soaring. “It isn’t a stretch to expect the indicator to cross […]
The Trump administration is weighing whether to deploy thousands of additional U.S. troops to the Middle East as the Iran war enters its third week, according to Reuters. The discussions also include options for protecting oil tanker traffic through the Strait of Hormuz. Why ground-force options carry risk Any move toward U.S. ground forces would […]
Practical, not pretty, is what’s driving home renovations this year. Persistently high home-loan interest rates, stalled home appreciation and the uncertain effect of tariffs are all flashing yellow for homeowners considering investments in their houses. “They’re handcuffed to the house because of the rate and their equity. Yes, the buy-sell market is slow, so people […]
President Donald Trump said the U.S. will destroy Iran’s largest gas field if Iran attacks Qatar again. The warning follows Iranian strikes on Gulf energy sites and an Israeli attack on that same field. In a post on Truth Social Wednesday night, Trump said Israel acted alone in striking Iran’s South Pars gas field and […]
Gas prices in the U.S. have climbed sharply, with the national average now at $3.88 a gallon. The increase follows a rapid rise in global oil prices tied to the war in Iran and disruptions to key supply routes. That’s up nearly a dollar from a month ago and the highest level since September 2023, […]
Iran strikes a major gas facility in Qatar, and President Donald Trump warns the U.S. will respond if it happens again. Plus, oil prices move past $100 a barrel, pushing gas prices higher across the U.S. Drivers are now paying more at the pump as the global supply tightens. And senators press Director of National […]
Former National Counterterrorism Center Director Joe Kent, who resigned Tuesday over the Iran war, is under FBI investigation after becoming the first senior Trump administration official to quit over the conflict. Semafor first reported that the FBI opened a leak investigation into Kent over allegations that he improperly shared classified information, citing four people with […]
