More from Heath Cary
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Biden administration announces $3B in funds to reduce emissions at US ports
Last year, the international shipping industry generated 706 million metric tons of CO2 emissions, equal to burning nearly 80 billion gallons of gasoline and hitting pollution levels that would rank this sector as the world’s seventh-largest carbon emitter if it were a country. In an attempt to address this issue domestically, the U.S. government has… -
Solar panels save on energy costs, but make roof repairs more expensive
Installing rooftop solar panels can help homeowners reduce energy costs, with experts estimating that the average U.S. household saves around $1,500 annually on utility bills after adding this renewable energy infrastructure. Over the panel’s lifespan, these savings can total anywhere from $28,000 to $120,000, but having them can also make some home renovations more expensive.… -
Unraveling headlines: Trump, Hitler, Vanessa Guillen’s funeral
It is late October, with less than two weeks until Election Day. On Tuesday, Oct. 22, two stories broke with a similar theme. The Atlantic: “Trump: ‘I Need The Kind Of Generals That Hitler Had.'” The New York Times: “As Election Nears, Kelly Warns Trump Would Rule Like a Dictator.” These headlines generated more news… -
Is the alleged $15,000 energy bill from Trump’s NYC barbershop visit accurate?
During former President Donald Trump’s recent visit to a New York City barbershop, the store’s owner raised concerns about increases in electricity costs, stating that his monthly energy bills had skyrocketed from $2,100 to $15,000 since the Biden administration took office. While electricity prices in New York have gone up since Trump left the White… -
The golden era of S&P 500 gains is over, Goldman Sachs says
The S&P 500 index has been an investment juggernaut. The weighted index tracks the 500 largest companies traded in the U.S. and in 2024, it’s up 24%. Over the past 10 years, it’s averaged 13% gains every year. And since its inception, it’s gained an average of about 10% per year. But Goldman Sachs says… -
With 15M ballots cast, is early voting favoring Harris or Trump?
Two weeks out from Election Day, more than 15 million people already cast their ballots. Is there a way to know which way early voters are leaning? Are early voting trends favoring Harris or Trump? The answer is not so clear in the headlines. Some reports suggest an early-voting surge could be an advantage for… -
IMF warns against tariffs: They make the country’s residents ‘poor’
The International Monetary Fund (IMF) gave its latest forecast on the world economy on Tuesday, Oct. 22. During the meeting, IMF Chief Economist Pierre-Olivier Gourinchas warned trade restrictions could put downward pressure on that growth. The global financial agency declined to comment on certain elections of proposals by presidential candidates. Excluding 2024 election promises, the… -
Roblox responds to report it attracts pedophiles and lies to investors
A prominent short seller claimed the popular video game platform Roblox is an “X-rated pedophile hellscape” and said the company is lying to investors about its numbers. Last week’s report from Hindenburg Research prompted a suicide prevention campaign to call on British regulators to do more to protect kids from harmful online content. Hindenburg Research… -
World’s first semisubmersible turbines may help solve offshore wind concerns
As the U.S. offshore wind industry grapples with rising installation costs and environmental concerns, a renewable energy project in Portugal may provide a viable alternative. Located a little over 12 miles off the Portuguese coast, WindFloat Atlantic developed the world’s first semisubmersible wind farm in 2020, and the facility has been proving its potential to… -
Mining giant closes $6.7B lithium deal as China’s oversupply impacts metal’s price
Rio Tinto, the world’s second-largest mining company, has announced a $6.7 billion agreement to acquire Arcadium Lithium, a move that positions the company as one of the top producers of a key metal critical to the clean energy transition. Lithium, referred to as “white gold,” is essential for renewable energy technologies such as solar panels,… -
OpenAI’s valuation surges to $157B after latest investment round
ChatGPT-maker OpenAI’s valuation soared to $157 billion on Wednesday, Oct. 2, after a fresh round of funding. This makes it the second most valuable private company in the world behind TikTok-parent company Bytedance and just ahead of SpaceX. OpenAI just secured $6.6 billion in funding from investors. Some of the names involved include venture capital… -
AI boom fuels data center growth, straining US power grid
The rapid expansion of artificial intelligence (AI) technologies is driving a significant increase in the number of data centers across the United States. This growth is placing mounting pressure on the nation’s power grid, raising concerns about the future of electricity availability and transmission capacity. Data centers, which house the servers and infrastructure needed for… -
Ford offers customers complimentary home EV chargers and installation
Ford has launched a new incentive program aimed at encouraging more consumers to adopt electric vehicles (EVs). Starting on Oct. 1 through the end of 2024, the company will provide free home charging stations and cover installation costs for customers who purchase or lease one of its electric models as part of an initiative known…