HARRISBURG, Pa. (AP) — Federal regulators will allow tech companies to effectively plug massive data centers directly into power plants. The Federal Energy Regulatory Commission’s order Thursday comes as the Trump administration urges it to help the U.S. lead the world in artificial intelligence. FERC’s order is designed to clear up pressing issues around so-called…… MORE
Instacart Settles With FTC Over Deceptive Practices but Faces Separate Investigation Into Prices
Delivery company Instacart will pay $60 million in customer refunds under a settlement reached with the Federal Trade Commission. The FTC said Thursday that Instacart has been falsely advertising free deliveries and not disclosing service fees. It also said Instacart failed to disclose that customers who enrolled in a free trial would be charged membership…… MORE
Trump Media to Merge With Nuclear Fusion Company That Wants to Power AI
The parent company of President Donald Trump’s Truth Social media platform announced Thursday it is merging with a fusion power company, an unusual pairing of the Trump name with a futuristic clean energy venture that aims to power the next wave of artificial intelligence. Trump Media & Technology will combine with TAE Technologies in an…… MORE
Average US Long-Term Mortgage Rate Edges Lower, Remaining Near Its Low for the Year
The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year. The decline brings the average long-term mortgage rate to 6.21% from 6.22% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.72%. Mortgage rates began easing in July in…… MORE
President Trump’s address…
Associated Press: President Donald Trump offered a glowing account of progress under his watch in a speech from the White House. But some of his claims Wednesday night were out of tune with the experience of price-squeezed Americans and the story told by some of his government’s own statistics. For one, he claimed consumer prices…… MORE