A federally mandated watchdog reports a 75.5% spike in LA electricity prices due to AI data centers, raising concerns over cost-shifting and market rules.
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Post-Labor Economics
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Pennsylvania residents complain they are being ‘bulldozed’ over AI data center concerns — lambast Gov. Shapiro in two-hour town hall, say he is losing support base
Residents in Pennsylvania voice concerns over AI data center projects, citing environmental and community impacts, amid government support and proposed moratoriums.
Cerebras Payday Includes Tiger—And SPVs
Cerebras secures new funding round involving Tiger Global and special purpose vehicles, highlighting investor interest in AI hardware startups.
China, US trade chiefs huddle for last-minute talks before Trump visit
Chinese and US trade officials met in South Korea ahead of Trump’s upcoming visit to China, aiming to stabilize relations amid widening disagreements.
MAHA Keeps Being Weird as Hell About Fertility
The Trump administration promotes fertility initiatives, including IVF coverage proposals, amid controversial claims about a national fertility crisis.
South Korea floats using AI profits for ‘people’s dividend’
South Korea plans to use AI-generated profits from chipmakers to fund a universal dividend, aiming to reduce inequality amid its tech boom.
China Inc.’s global growth curbs Trump tariff powers undercut by courts
U.S. courts limit Trump’s tariff authority, reducing leverage in trade talks with China as Chinese firms diversify globally.
North Korea reaps huge economic boost from Ukraine war
North Korea benefits financially from supporting Russia in Ukraine, receiving foreign currency and energy in exchange for military aid, boosting its economy significantly.
Automation and Global Economics: Could AI Shift the Balance of Power?
AI-driven automation is rapidly reshaping global economic power by transforming industries, changing…
Resetting Economic Priorities: From Full Employment to Wellbeing
Amid shifting priorities, learn how redefining economic goals beyond full employment can unlock a healthier, more equitable future—discover what’s next.