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'Federal employees end up being the pawn': Furloughed worker calls out politicians
MSNBC· 2025-10-03 15:15
Right now, federal workers across the government find themselves caught in limbo after a looming threat of mass firings. In addition to federal workers who are already furled right now and working without pay, the White House says they could lay off thousands. April Gogggins is among those furled federal workers.She's the president of the National Treasury Employees Union, Chapter 250. April, it is now day three of this shutdown. How how are you doing and what's your biggest fear right now if this doesn't g ...
Inside the race for fusion energy: Commonwealth Fusion CEO on powering the future of AI
CNBC Television· 2025-10-01 22:23
Fusion Energy Overview - Fusion energy is the power source of the stars and could power next-generation technologies [2][3] - The industry has seen significant investment, with over $10 billion of private capital invested in over 50 fusion companies [6] - Prototype plants are being built, including Commonwealth Fusion Systems' (CFS) plant in Massachusetts [6] Commonwealth Fusion Systems (CFS) - CFS is one of the largest and most capitalized fusion organizations globally, second only to the Chinese government program [7] - CFS is building a prototype plant with "steel in the ground" and has plans for a commercial plant [7] - CFS announced plans in December to build the first commercial fusion power plant in Virginia [9] Virginia Power Plant - The Virginia power plant will be 400 megawatts, the size of a large coal or natural gas plant [10] - The power from the Virginia plant has already been bought by Google to power data centers [10] - The Virginia plant is expected to be online in the early 2030s [12] Technology and Safety - A scientific breakthrough four years ago allowed for a significant reduction in the size of fusion power plants, approximately 50 times smaller [16][17] - Fusion power plants are designed to automatically shut off if there is any problem, ensuring safety [24] - Fusion power plants do not produce long-lived nuclear waste and are decoupled from traditional nuclear power concerns [25] Commercialization - CFS is moving from deep science into commercialization, with the Virginia plant shaping up [27] - The company is starting to see what the first commercial product will look like and how it will be delivered [27] - CFS's prototype plant in Massachusetts is about 70% complete and is expected to be turned on in 2026, with power generation starting in 2027 [18][19]
Nvidia's and OpenAI's data center plan has a problem: Where to find power
CNBC Television· 2025-09-24 21:15
Hi everybody, I'm Brian Svin of CNBC. Okay, you might have seen this news. You got this huge hundred billion dollar deal with Nvidia and Chat GPT parent company OpenAI.That was on Monday. The total spend on AI in the United States could be closing in on $1 trillion. But here's the thing.We know you love your AI, but it takes a lot of electricity to run it. In fact, they talked about this 10 gawatt deal. Electricity is squishy.It's mushy. I get it. I'm kind of the energy guy here, so I'll tell you this.1 gaw ...
'Big Short' investor Steve Eisman: The most the Fed will cut in the end is 100 bps total
CNBC Television· 2025-09-18 11:58
For more on the markets, let's bring in Steve Iceman. He is host of the Real Eyesman Playbook podcast and former senior portfolio manager at Newberger Berman. Steve, it's good to have you.Thanks for having me. Um, I mean, weigh in I guess here on on this uh how this infects if it does the macro. It's interesting when you talk about oh uh are they going to be more tolerant of inflation.I've always been of the mind the equity market's not going to freak out about inflation unless the bond market is. Bond mark ...
X @mert | helius.dev
mert | helius.dev· 2025-09-15 23:29
what people think makes you feel powerful:- being tall- being famous- being mike tyson- being a billionaire- being able to bench 4 plateswhat actually makes you powerful:- opening a tight jar of pickles that your gf couldn't open ...
X @Andrew Tate
Andrew Tate· 2025-09-15 10:45
If you become powerful, or even try to become powerful -They kill you. ...
X @The Economist
The Economist· 2025-09-10 12:00
When his father dies, Lachlan Murdoch will inherit a controlling stake in Fox and News Corp. The deal makes him one of the world’s most powerful people for decades to come https://t.co/91Hqb2yIyo ...
Ruhle: Trump's real motive in moving to fire Fed Reserve official
MSNBC· 2025-08-27 10:34
Political Influence on Institutions - The analysis suggests a pattern of exerting control and consolidating power within the presidency [3] - Actions such as criticizing the Federal Reserve's decisions are interpreted as attempts to influence interest rates to boost equity prices [1] - Scrutiny of individuals like Lisa Cook is framed as a pretext, with the underlying motive being control rather than addressing specific allegations [1] Parallels in Actions - Sending National Guard troops to Washington DC is compared to other actions, suggesting a common theme beyond the stated reasons [2] - Attacking universities and demanding large payouts is viewed as more than just combating anti-semitism [2] - Punishing law firms is seen as unrelated to diversity, equity, and inclusion initiatives [2]
X @The Economist
The Economist· 2025-08-26 15:20
Even as he hopes to accomplish things that would be outside his authority, the New York Democratic mayoral candidate is seeking to surrender what other mayors have regarded as an important power https://t.co/xPFXxuu8Zk ...
Investors Look for Comfortable AI Valuations
Bloomberg Technology· 2025-08-21 19:48
Tough timing amid the current pressure on some of the companies. What do you make of this questioning. Yeah.So, you know, importantly, the reason we launched this fund is we believe this is the most profound technology shift that we will see in our lifetimes. So whatever happens over the next couple of months is going to happen. But the direction of travel over the next 20 years we think is very positive as it relates to AI.And if we just, you know, reflect back over the last 25 years and the cloud, the soc ...