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US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year

US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year By Ethan Howland of UtilityDive Electric and gas utilities in the second quarter asked state regulators to approve $9.2 billion in rate hikes, up 26% from the $7.3 billion in rate increase proposals filed in the same period last year, according to an updated report released Tuesday by the advocacy group PowerLines. In the first half this year, utilities asked for $18.6 billion in rate hikes, down from about $25 billion in the same period last year, according to data...
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Aug 31, 2026 / Tyler Durden
"Prepare For More Severe Scenarios": Bank Of England Chief Warns Of AI Threat To Global Financial System
"Prepare For More Severe Scenarios": Bank Of England Chief Warns Of AI Threat To Global Financial System As the world marches towards open-weight, efficient, unrestricted frontier AI models out of China, Western leaders are starting to panic over the lack of guardrails. Most recently, Bank of England Governor Andrew Bailey suggested that the threat posed by AI could lead to a chaotic correction in global financial markets, as frontier models are now showing "increasingly sophisticated autonomy and problem-solving abilities, as well as threat capabilities." Governor of the Bank of England Andrew Bailey addresses the...
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May 4, 2026 / Tyler Durden
Elites And Their Contempt
Elites And Their Contempt Authored by Reverend John F. Naugle via The Brownstone Institute, Last week, I was unexpectedly hit with a post-lockdown trauma response. While driving to a baseball game days before the NFL Draft came to Pittsburgh, I passed a digital highway sign instructing me to avoid nonessential travel. Suddenly, memories of empty highways with signs instructing drivers to “Stay Safe and Stay Home” came flooding back to me. As the week developed, it began to occur to me that the parallels were deeper than my subjective emotional response. Road closures intensified, rendering...
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Oct 16, 2026 / Tyler Durden
A Horror Movie List To Get You In The Mood For Spooky Season
A Horror Movie List To Get You In The Mood For Spooky Season The horror entertainment genre is a lot like comedy - Both require deep immersion and instinctive reactions.  Being browbeaten with overt political messaging in the middle of such films ruins them completely.  Nobody wants to hear a feminist sermon in the middle of Texas Chainsaw Massacre, they just want to watch that messed up dinner table scene. Parable and subtle messaging is fine, but propaganda is not.  With Hollywood slowly but surely sinking into a shallow grave with...
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