OpenAI has reaffirmed its promise to pay the full cost of electricity used by its data centres. The company announced a fresh set of commitments on Thursday, November 5, following growing public opposition to the rapid expansion of artificial intelligence (AI) infrastructure in the US. OpenAI pledges to pay data centre power costs amid growing … Read more
Disney is planning to cut several thousand jobs as the company looks to reduce spending across its business. The job cuts are expected to affect employees in different parts of the company, people familiar with the matter told CNBC. Disney plans thousands of job cuts as it pushes managers to reduce costs by up to … Read more
One of the biggest low-cost airlines in the US, Frontier Airlines, reported a 71% increase in average fare revenue per passenger in the third quarter compared with the same period last year. Frontier Airlines raises fares as rising jet fuel costs put pressure on profits. (AP) The airline increased ticket prices to cover the sharp … Read more
We trust road signs to keep us safe. Flashing signs, road markers, and street lights all try to keep drivers alert. But what if the road itself needs fixing? That was the question at a downhill intersection in Bellevue, Washington. A case study from the Federal Highway Administration (FHWA) revealed that the city tried several … Read more
US mortgage rates may remain above 7% through 2027. Major housing groups expect mortgage rates to stay high for an extended period, making home loans expensive for Americans who want to buy houses. Fannie Mae forecasts that mortgage rates could average 7.5% in 2027, while the Mortgage Bankers Association expects rates to remain above 7% … Read more
US mortgage rates fell for the first time in more than two months. However, the small drop has not encouraged more people to apply for home loans, as borrowing costs remain high. Mortgage rates are still close to their highest levels in several years. US mortgage rates fall, but homebuyer demand drops 7% amid high … Read more
America’s $10 trillion artificial intelligence (AI) infrastructure boom is facing growing problems. Data centre projects are being delayed, some are being cancelled or blocked, and investors are becoming less confident about the sector. These challenges are raising questions about whether the massive spending planned for AI infrastructure can continue at the expected pace. America’s $10 … Read more
Drew Cranmer is the Libertarian candidate in the Kansas Congressional District 4 race. Ahead of the 2026 midterm elections on November 3, he spoke exclusively with HT.com about his views and expectations as an aspiring lawmaker. Libertarian Drew Cranmer is running for Kansas Congressional District 4 in the US midterms. (Drew Cranmer) Cranmer might not … Read more
Drew Cranmer is the Libertarian candidate in the Kansas Congressional District 4 race. Ahead of the 2026 midterm elections on November 3, he spoke exclusively with HT.com about his views and expectations as an aspiring lawmaker. Libertarian Drew Cranmer is running for Kansas Congressional District 4 in the US midterms. (Drew Cranmer) Cranmer might not … Read more
Oil shipping costs have jumped sharply, making it more expensive to transport crude oil from the United States to Japan. The oil supertanker Esteem Explorer is scheduled to sail from the US to Japan in late November, carrying around 2 million barrels of crude oil. The journey is expected to cost $81 million, compared with … Read more