The US Dollar: From Exceptional To Average?

A growing number of civilians are flooding out of towns and villages in southern Lebanon over the past 48 hours. Some 30,000 civilians were displaced already Monday, and the number is expected to grow markedly as Israeli troops launched a new ground invasion of the country. Israel had ordered evacuations in several locations in Lebanon […]

Renewables 'Can't Keep Up' With Data Center Pace. As Usual, The Left Wants Government To Step In... Authored by Gary Abernathy via The Empowerment Alliance, The political left is worried that the rapid expansion of data centers across the U.S. - a controversial but necessary development considering our competition with China - is increasingly accompanied by the corresponding construction of stand-alone natural gas plants to provide the power demands of the centers. In Ohio, 10 gas-fired power plants are in the works to fuel new data centers. In West Virginia, a startup...

Jobless Claims Refuse To Show Any Signs Of AI Jobpocalypse The number of Americans filing for unemployment benefits for the first time fell to 209k last week (below expectations), continuing to show absolutely on signs of any labor market stress... Source: Bloomberg That is basically unchanged since 2021. Continuing jobless claims ticked up modestly but remains below 1.8 million Americans (just off two year lows)... Source: Bloomberg So, despite the tsunami of headlines every day about the AI jobpocalypse, 'hard' data shows no signs of any pain yet (wait until the severance packages run dry)... ...