News

Oct 06
Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis

A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet. Source: Cointelegraph

Oct 06
Nebraska Republican Sen. Ben Sasse to retire to become University of Florida president

Republican Sen. Ben Sasse of Nebraska is expected to retire in order to become president of the University of Florida, according to multiple published reports on Thursday. The university said in a news release on Thursday that its Presidential Search Committee has “unanimously recommended United States Senator Dr. Ben Sasse as the sole finalist for […]

Oct 06
Hopes for a Fed pivot are being dashed — and morphing into a sense of dread in financial markets

Optimism that the Federal Reserve might back off of aggressive interest rate hikes is giving way to something else within financial markets: A feeling that things won’t likely get better for investors from here. Financial markets have vacillated between two narratives: One in which the prospects of weaker growth and financial instability force policy makers […]

Oct 06
Tesla credit rating upgraded 2 notches out of ‘junk’ territory at S&P Global Ratings

Shares of Tesla Inc. TSLA, -0.59% rose 0.3% in afternoon trading Thursday, after S&P Global Ratings raised the electric vehicle (EV) maker’s credit rating by two notches into “investment grade” territory, given higher-than-expected deliveries and a ramp up in production to meet strong demand. The rating was raised to BBB, which is the second-lowest investment […]

Oct 06
Gold futures end flat for the session ahead of monthly U.S. jobs report

Gold futures ended unchanged on Thursday as investors await cues from the monthly U.S. jobs report due Friday. Everyone will be “closely watching tomorrow’s U.S. September nonfarm payrolls and its impact on the November Federal Reserve meeting,” said Chintan Karnani, director of research at Insignia Consultants. There has to be an increase in unemployment in […]

Oct 06
Jan. 6 committee schedules next hearing for Oct. 13

The House committee investigating the Jan. 6, 2021, attack on the U.S. Capitol has scheduled its next public hearing for Oct. 13 at 1 p.m. Eastern, the panel announced Thursday. The bipartisan committee has been building a case against former President Donald Trump in a series of televised hearings, and next week’s may be its […]