News
Seattle electric rates expected to increase 19% over two years
4+ day, 1+ hour ago (376+ words) Rate hikes, which would start in 2027, are related to a backlog of infrastructure projects and rising electrical demand. Rising utility costs will likely mean that customers of Seattle City Light customers should expect back-to-back 9. 5% annual rate hikes over the next…...
Minnesota special districts report $5. 4 B debt, federal aid declines
8+ hour, 29+ min ago (941+ words) Auditors noted a decline in federal and local grants following the expiration of COVID-era funding programs. Minnesota's special districts reported $5. 4 billion in outstanding long-term debt in 2023, while increasingly relying on state funding as pandemic-era federal aid declined. This is according…...
Zillow faces antitrust suit, consumer fraud claims amid housing crisis
3+ day, 5+ hour ago (579+ words) Zillow faces a federal antitrust suit, congressional calls for regulatory scrutiny and a competitor's claim in court that Zillow is a monopolist working against housing affordability. The legal actions allege consumers are paying higher costs when buying or renting homes…...
Social Security reform imperative to avoid 34% tax hike, insolvency by 2032, trustees warn
3+ day, 5+ hour ago (598+ words) Policymakers must return Social Security to its original intent in order to avoid massive tax hikes and insolvency, especially in light of a nation burdened by debt, a memo released by a nonprofit on the 2026 Social Security Trustees Report states....
Federal panel proposes new definition for sports betting
2+ day, 5+ hour ago (474+ words) Commodities Futures Trading Commission wants to strengthen its governance over prediction markets and sports betting. Betting on a football score isn't gambling. At least not according to the federal Commodities Futures Trading Commission. The commission recently proposed rule changes to…...
Property tax proposal could cost Florida locals $11 B
3+ day, 4+ hour ago (336+ words) A constitutional amendment would provide a $150, 000 exemption the first year and a $250, 000 exemption the next year. Florida counties could lose over $11 billion per year under the property tax relief proposal going before voters in November, according to a bill analysis....
Reserves and fracking prevented energy crisis, but challenges lay ahead despite ceasefire: experts
2+ day, 23+ hour ago (905+ words) The double blockades on the Strait of Hormuz produced the world's largest disruption in energy supplies, yet the situation never produced the global energy crisis that some predicted. There are several reasons, including U. S. stockpiles proving more robust than expected. As…...
Feds order grid overhaul to speed AI data center development
3+ day, 1+ hour ago (481+ words) Federal regulators have ordered an overhaul of the nation's grid connection rules to fast-track power for AI data centers and manufacturing plants as part of an effort to protect national security and economic interests. The directives include strict safeguards to…...
Trump announces chipmaker Intel partnership with Apple to bring manufacturing to the U. S.
3+ day, 9+ hour ago (302+ words) The president touted the latest effort by Intel to bring manufacturing back the United States after the U. S. government acquired a stake in the company last year. President Donald Trump touted the latest phase in his partnership with Intel to bring…...
'Aggressive effort:' War Department invests heavily in US rare earth mineral production
3+ day, 6+ hour ago (278+ words) Domestic production of rare earth minerals 'critical' for national security and defense, says DOW. The Department of War on Thursday announced a conditional loan commitment with Energy Fuels Inc. to grow critical U. S. -based rare earth mineral production." Rare earth minerals…...