ARRM4

Another one: "Do Data Centers Raise your Electricity Bill? Evidence from U.S. States" papers.ssrn.com/sol3/papers.... "we find no statistically significant evidence that data-center presence, installed capacity, or capacity expansion predicts residential electricity-price inflation"

If you talk about Michelle Obama today, please make it about this video

Watching the recovery of Artimis II.

Oh my god, this is my job!!! I can finally add something back to all the people who’ve given me knowledge

"As per the Iranian request" Yeah I'm gunna need to hear verification of that request chief.

*Amazon Investing Initial $15 Billion in OpenAI *Amazon: To Invest Another $35 Billion in Coming Months When Certain Conditions Met

We now have data from Trump's first full year in office. Let's review the performance of Trump and the two parties since 1989 and a new age of globalization began. However you cut the data Trump continues to have worst jobs record of last six Presidents. 1/

NYC is way too expensive — but some of the best things are free. Earlier this week, I met up with some new friends at the Billie Jean King National Tennis Center to watch some qualifying matches. US Open Fan Week runs through Saturday. And it's free.

Yesterday, California reached a new record for battery output, surpassing 11 GW for the first time. At 7:15 PM, California's grid scale batteries discharged 11.17 GW, meeting 28.2% of grid power demand ⚡️ California is enjoying midday solar power in the evening ☀️

Rift Widens Between Elon Musk, Anyone Who Ever Met Him

A country that puts a lot of trust in its citizens....

Trump: "We need open borders."

@carlquintanilla.bsky.social Bitcoin about to give up all its gains since election day.

Oopsies. "The formula for the tariffs ...does not make economic sense. ... But even if one were to take the Trump Administration’s tariff formula seriously, it makes an error that inflates the tariffs assumed to be levied by foreign countries four-fold." www.aei.org/economics/pr...

No shit!

“Things might be bad for a little while, but we’re okay with that, because we know that in the end these policies will drive markets into a deadly tailspin and push the economy to a point of no return." theonion.com/trump-says-r...

WFH increases productivity by 12% in the public sector. papers.ssrn.com/sol3/papers....

Captain Kirk facepalm .gif

CPI Hotter reading than expected. US Jan. Consumer Prices Rise 0.5% M/M; Est. +0.3% US Jan. Core CPI Rises 3.3% Y/Y; Est. +3.1% US Jan. Core CPI Rises 0.4% M/M; Est. +0.3% US Jan. Consumer Prices Rise 3.0% Y/Y; Est. +2.9%

Man Hangs Arm Off Couch For Rest Of Game Instead Of Washing Sauce Off Fingers theonion.com/man-han...

Elder Millennials, now in their mid-40s, out-earn previous generations by more than +20%.* Gen Zs are also off to a good start, earning more than any previous generation.* *on average after controlling for age, adjusting for inflation, and top-coding the highest earners to reduce upward bias.

Per @pkrugman.bsky.social Last month CBO estimated the costs of 10% tariffs. Now Trump is saying 25. Should you just multiply by 2.5? No. Basic economics says the loss from tariffs is nonlinear, to a first approximation the square of the tariff rate. Trump has promised 6x WORSE than CBO analyzed

Bluesky now has over 10 million users, and I was #2,240,217!

We tend to focus on the short-term trends, but it's worth taking a step back: Inflation has come down a *lot* from its peak. Headline now down to 3% y/y. Core at 3.5%. Those are still above the Fed's target and prepandemic levels, but it's a radically different story than a year ago.

The Fed's preferred measure of underlying inflation, measured over 6 mos at an annual rate, has declined from 4.5 to 2.5 over the past 6 months. So, if underlying inflation can fall almost in half without a major rise in unemployment, in what sense was it "underlying"?