US Senate Votes To Include CBDC Ban In Bipartisan Housing Bill

Living In Any New York Borough Now Requires A Six Figure Income Living in New York City without financial assistance now requires a six-figure income in every borough, according to Bloomberg. The Fund for the City of New York’s latest “self-sufficiency standard” shows that in 2026, a family of four with two school-age children needs about $133,000 a year to cover basic expenses without outside help. Still, 46% of households fall short of that level. A separate report from Mayor Zohran Mamdani’s office found that economic strain is even more widespread. In...

Darline Graham Stumbles Out Of Gate In Bid For Lindsey's Senate Seat In recent years, few forces in electoral politics have been as potent as an endorsement from Donald Trump. However, the first polls in the special South Carolina primary race for the Senate seat that was held by the late Lindsey Graham shows his sister Darline is in second place, with half of GOP voters saying her Trump endorsement is irrelevant to them. Graham's campaign faces other headwinds, as many South Carolina Republicans aren't enthusiastic about turning one of...

Why Data Centers Favor On-Site Gas Power Most data center developers opting for on-site gas power say that they see it as a “bridge” solution until a grid connection is secured. Yet economics may favor keeping those assets running even after grid power becomes available. A recent BloombergNEF analysis shows the marginal cost of operating an on-site gas plant may be below industrial electricity tariffs, making continued generation from on-site assets the cheaper option in many cases.  Marginal generation costs depend on fuel prices and variable operating expenses. BloombergNEF modeled the marginal...