A mega-spending package to grow U.S. semiconductor production must reckon with a tough reality: The world is already awash in chip-making incentives. What makes the U.S. effort unique is the enormous one-time sum — roughly $77 billion in subsidies and tax credits — earmarked to boost American manufacturing of the Read more…
If time feels tighter than ever of late, blame it on the revolution. On 29 June this year, Earth racked up an unusual record: its shortest day since the 1960s, when scientists began measuring the planet’s rotation with high-precision atomic clocks. Broadly speaking, Earth completes one full turn on its Read more…
This week U.S. lawmakers drew closer to passing a $369 billion bill with wide-ranging climate provisions. It helps U.S consumers buy electric vehicle chargers, rooftop solar panels, and fuel-efficient heat pumps. It extends energy-industry tax credits for wind, solar and other renewable energy sources — and for carbon capture technology. Read more…
A report from the Federal Reserve Bank of Chicago analyzed data from a moving company, concluding that 59.4% of the moves in California were out of the state — the second-highest percentage for any state in America (behind only Illinois). And that percentage is growing, reports the Los Angeles Times, Read more…
“There’s a new cryptocurrency in town,” quips SFGate. “But the only crash you’ll experience with this one is from sugar.” Inspired by the recent headlines and discussion around cryptocurrency, Hostess decided to capitalize by debuting their own edible investment: Enter $TWINKcoin, the latest limited-edition Twinkie iteration to hit shelves. “We Read more…
After admonishing crypto lender Voyager Digital for “false and misleading” statements on the subject, the FDIC said banks must ensure that crypto firms they partner with are clear about whether customer deposits are insured. In industry guidance published Friday, the Federal Deposit Insurance Corp. said insured banks should monitor that Read more…
Iran has made steady advances in the design and production of military drones in recent years, and has stepped up their transfer to militant groups across the Middle East as it seeks to shift the dynamics of battlefields from Yemen to Gaza. Those efforts have now extended far beyond the Read more…