Federal Government Pauses Funding To Los Angeles Homeless Agency Citing Fraud Allegations

Surging Services Costs Spark Unexpected Surge In US Producer Prices In January US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)... Source: Bloomberg Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation) Final demand services: The index for final demand services advanced 0.8% in January, the largest...

Building Codes For Energy Conservation Can Increase US Home Costs By $14,000: DOE Authored by Naveen Athrappully via The Epoch Times, States that adopt the updated 2024 International Energy Conservation Code could see building costs for a typical single-family home go up by $14,000, the Department of Energy (DOE) warned on June 26. The International Energy Conservation Code (IECC) is a model code developed by the Washington-based International Code Council (ICC) for setting minimum energy efficiency requirements for commercial and residential buildings. While the ICC doesn’t mandate its code, states and local jurisdictions...

Robot Dives 1.5 Miles, Maps French Shipwreck With 86,000 Images And Recovers Artifacts Authored by Neetika Walter via Interesting Engineering, A remotely operated robot has retrieved artifacts from a 16th-century shipwreck more than 1.5 miles beneath the Mediterranean, offering a glimpse into how precision deep-sea robotics is transforming underwater exploration. Guided from a support vessel above, the system used camera-fed navigation and robotic pincers to maneuver across fragile debris fields, capture high-resolution imagery, and recover centuries-old objects without disturbing the surrounding site. ROV C 4000 remotely operated vehicle designed for deep-sea missions...