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American went to lower the air conditioner in her home and her Smart AC gave her a warning she was not allowed to lower the temperature
“My own thermostat was 79 — it had a little warning that said, "You are not allowed to lower your thermostat set point because the energy grid in your regional area is stressed”
This is with Xcel Energy in Colorado
This woman enrolled in Xcel’s voluntary demand-response AC Rewards-style program. Apparently they lure you in with sign on credits of around $50-150 dollars and then they can set limits on your AC
These programs are being run in multiple states already
It starts out as optional to get you used to it and then it becomes mandatory
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“My own thermostat was 79 — it had a little warning that said, "You are not allowed to lower your thermostat set point because the energy grid in your regional area is stressed”
This is with Xcel Energy in Colorado
This woman enrolled in Xcel’s voluntary demand-response AC Rewards-style program. Apparently they lure you in with sign on credits of around $50-150 dollars and then they can set limits on your AC
These programs are being run in multiple states already
It starts out as optional to get you used to it and then it becomes mandatory
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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Today's high $64,411, with the latest ATH at $126,272.
It has been 310 days since the last ATH.
ATHs per year: 2010: 11, 2011: 28, 2013: 35, 2017: 67, 2020: 11, 2021: 23, 2024: 21, 2025: 12. bitcoin $BTC ATH BitcoinChartBot
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It has been 310 days since the last ATH.
ATHs per year: 2010: 11, 2011: 28, 2013: 35, 2017: 67, 2020: 11, 2021: 23, 2024: 21, 2025: 12. bitcoin $BTC ATH BitcoinChartBot
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Employment in the US financial industry is going through a prolonged downturn:
The financial industry shed -14,000 jobs in July, to 9.09 million, the lowest since July 2022.
This marks the 5th consecutive monthly decline, totaling -59,000.
Since May 2025, financial industry payrolls have dropped -121,000, posting the largest drawdown since the 2020 pandemic.
Excluding the pandemic, this is the biggest employment contraction in the sector since the 2008 Financial Crisis.
The decline comes as financial firms accelerate AI adoption, aiming to boost productivity and reduce labor costs across the industry.
AI is reshaping the future of employment in finance.
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The financial industry shed -14,000 jobs in July, to 9.09 million, the lowest since July 2022.
This marks the 5th consecutive monthly decline, totaling -59,000.
Since May 2025, financial industry payrolls have dropped -121,000, posting the largest drawdown since the 2020 pandemic.
Excluding the pandemic, this is the biggest employment contraction in the sector since the 2008 Financial Crisis.
The decline comes as financial firms accelerate AI adoption, aiming to boost productivity and reduce labor costs across the industry.
AI is reshaping the future of employment in finance.
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CNN: "The imagery of a black person in the South hanging from a tree evokes painful memories"
PS: Her black boyfriend was arrested
I wonder why CNN left that out
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PS: Her black boyfriend was arrested
I wonder why CNN left that out
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There is an Homeric war taking place as we speak between GLP-1s and American fast food vendors
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Shocking stat of the day:
Estimated annualized interest expense on US federal debt is up to a record $1.38 trillion.
This is equivalent to 4.2% of US GDP, the highest percentage since 1997.
By comparison, this figure stood at 2.3% in Q4 2020.
Annualized interest expense has surged +$900 billion, or nearly +200%, over the last 5 years, rising at an average annual rate of +24%.
Meanwhile, in the first 9 months of FY2026, interest expense jumped +$78 billion YoY, to $827 billion, the highest level for this period in history.
The cost of servicing US federal debt has never been higher.
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Estimated annualized interest expense on US federal debt is up to a record $1.38 trillion.
This is equivalent to 4.2% of US GDP, the highest percentage since 1997.
By comparison, this figure stood at 2.3% in Q4 2020.
Annualized interest expense has surged +$900 billion, or nearly +200%, over the last 5 years, rising at an average annual rate of +24%.
Meanwhile, in the first 9 months of FY2026, interest expense jumped +$78 billion YoY, to $827 billion, the highest level for this period in history.
The cost of servicing US federal debt has never been higher.
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Stimulus checks lit the fuse on the highest inflation in 40 years.
It feels like free money when one household gets the stimmy. But when $1.9 trillion is chasing the same number of goods, we get a record high inflation of 9.1%.
Same when you stand up at a concert to see better, but then you’re back at square one when everybody stands.
This is the fallacy of composition in economics where a benefit that is accrued by one person is dissipated when it is handed to a large group simultaneously.
But it feels good when it hits and politicians can later blame something else for why your purchasing power is decimated.
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It feels like free money when one household gets the stimmy. But when $1.9 trillion is chasing the same number of goods, we get a record high inflation of 9.1%.
Same when you stand up at a concert to see better, but then you’re back at square one when everybody stands.
This is the fallacy of composition in economics where a benefit that is accrued by one person is dissipated when it is handed to a large group simultaneously.
But it feels good when it hits and politicians can later blame something else for why your purchasing power is decimated.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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You can measure the pulse of how fed up Americans are by the level of Tucker's crashout.
This is about a 7.
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This is about a 7.
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They ripped up all the carpet in their house thinking they were about to uncover beautiful hardwood floors underneath, only to discover it was plywood.
This is why you pull up a small corner and check what’s actually underneath before ripping out the entire room. That little 30-second inspection could’ve saved a whole lot of regret.
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This is why you pull up a small corner and check what’s actually underneath before ripping out the entire room. That little 30-second inspection could’ve saved a whole lot of regret.
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BREAKING: Ecuadorian police seize 469 kg of cocaine branded with Erling Haaland’s name & image near the Colombian border — the Norwegian striker is not believed to be a suspect
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Reminder for when people tell you things are “going well” in crypto-
Every large crypto-focused firm either:
1) has pivoted;
2) is pivoting;
3) is dying.
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Every large crypto-focused firm either:
1) has pivoted;
2) is pivoting;
3) is dying.
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After today's in-line CPI print, odds of a Sept rate hike slide to the lowest in a month, down 16% to 31%. More importantly, the arb opportunity with SOFR is closing - as more take advantage - and has been cut in half in the past two weeks
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