Data centers consume immense amounts of energy, much of which is given off as heat (see: 2nd law of thermodynamics). In much of the world, the heat just goes into the environment. In Finland and Sweden, efforts are underway to use that waste heat for home heating. “• Microsoft and other companies are building large-scale […]
A bit of a rewrite and the addition of more information. Poverty and ruralness have been with us forever. Food deserts were discovered around the late 1980s. The later has a connection to the former. Prior to 1980, small towns and poor neighborhoods could generally count on having a grocery store, perhaps even several. It […]
Robert Reich in his latest commentary (“Why Americans are going batsh*t over the cost of living”) details what is going on today in the economy with Trump’s involvement. Overall? Not good . . . The Bureau of Labor Statistics (which can still be trusted!) reports today that just 64,000 jobs were added to the economy […]
– by New Deal democrat At Last this morning we got some up to date labor data from the federal government, but only partially. The Establishment Survey was updated for both October and November, while the Household Survey was not conducted at all for October, and so jumps from September to November. In November virtually all […]
Taking this from Health Affairs which addresses the solutions and the issues. It is too long to post at Angry Bear. I am providing a link above. “No Clear Front-Runner to Extend ACA Healthcare Subsidies.” Some details. Plans When It Can Happen Satisfying the Fears of Ineligibles Receiving Healthcare Who Goes First and Saving Citizens […]
If it hasn’t already been obvious for the past three decades, the stock market is dominated by gamblers, not investors. And gamblers don’t keep banker’s hours, peeps. “Nasdaq, one of the world’s largest exchanges that is home to tech companies Nvidia (NVDA), Apple (AAPL) and Amazon (AMZN), is planning to submit paperwork with the U.S. […]
– by New Deal democrat To be updated by NDd. Today is the last day of our data drought before the onslaught of delayed reports that begins tomorrow with the November jobs report and CPI. In the meantime, there is a commenter on another economics site who generally believes that everything is OK as along as […]
Yes of course, manufacturing has been declining in the US due to many things, The prime one being exportation of jobs to countries which have less Overhead than the US. This however is different as there may be a miscount occurring. The Fed believes we may be shedding more jobs than what is being accounted […]
Just some recent stats so Angry Bear readers can understand this is still an issue. Biden did take some actions as the president. Supreme Court did block Biden on taking greater by canceling $400 billion in student loan debt. Also, I added some detail as developed by Melanie Hanson as to the loan originators. Student […]
For those who, like me, have eschewed cryptocurrency, you might have missed the recent Bitcoin crash. “Digital asset treasuries were flying high this year until bitcoin’s sudden October crash. Now many of those companies are sitting on unrealized losses.” “Over 180 public companies currently hold crypto on their balance sheets, with roughly 100 of that […]