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I moved from Chicago to San Diego to be with my long-distance boyfriend, who’s now my husband.Although my friends were jealous I was moving to a sunny “paradise,” San Diego wasn’t for me.I found the weather to be boring, and I didn’t like how hard it was to get around…
AI models consume tons of energy and increase greenhouse gas emissions.Tech firms and governments say an energy revolution must happen to match the pace of AI development.Many AI leaders are rallying around nuclear energy as a potential solution.Advances in AI technology are sending shockwaves through the power grid.The latest generation…
Trump has said he plans to bring down gas prices by boosting US oil production.ExxonMobil CEO Darren Woods said he didn’t see a US oil boom in the near future.One energy analyst said a US president has little control over the oil and gas market. President-elect Donald Trump’s promise to…
Fast food chains say they’re locked in a “value war” to win increasingly choosy US customers.On earnings calls, brands highlighted ways they’re trying to offer more bang for diners’ bucks.As customers push back on high prices, companies are looking beyond temporary discounts to earn sales. It’s an especially challenging time…
Rents rose last quarter, according to a new study of over 750 US real-estate markets.Both tenants and homebuyers lost out as prices remained elevated.Here are 19 places where rents declined by at least 5%. Renters might not have many reasons to celebrate after all.Landlords consistently increased rents across the US…
By Valerie Volcovici WASHINGTON (Reuters) – Former President Donald Trump has said he would cancel all unspent funds from President Joe Biden’s signature climate law if he wins the presidential election on Nov. 5. But the vast majority of grants will be spent by the time a new president takes…
In 2008, Starbucks investors were pressing CEO Howard Shultz to cut costs at the coffee chain.One had a novel idea for saving money, Schultz said in a 2010 interview: Why not end healthcare benefits for part-time Starbucks employees? Schultz turned the suggestion down, he told Fortune, and suggested that the…
Happy Labor Day! I’m Jordan Parker Erb, filling in for Dan DeFrancesco. In observance of the US holiday, we have a shorter edition of the newsletter. (It is Labor Day, after all.) We’ll be back in full force tomorrow.The big storyGet ’em while they’re hotIt’s a great time to be…
A key factor in the US rental market is still heading in tenants’ direction — but rent itself isn’t.The median monthly cost of staying in an apartment in large US cities hit an all-time high in August, new research from real-estate site Zumper shows. A one-bedroom setup cost $1,534 while…
Global equity markets including the U.S. witnessed a sharp pullback in early August, with Japanese stocks leading the sell-off. According to Nomura strategists, one of the reasons behind the correction “was that many market participants felt shares had risen too rapidly.” “A steep decline in the price of stocks or…
