Data centers are big business. Around 3,000 new data centers — huge buildings that house the computing power that props up the growing use of artificial intelligence (AI) — are currently being built or planned across the U.S. Some speculate that global spending on data centers could hit $3 trillion by 2029. Corporate interests — from energy firms and construction companies…
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The first year of Donald Trump’s second term as U.S. president has been a most profitable one for the Trump family and its inner circle. By now, much has been reported about the web of conflicts — the unapologetic ethical morass — that defines the second Trump administration and the Trump family’s cryptocurrency ventures, foreign business deals, military contracts, and more.
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President Donald Trump pledged on the 2024 campaign trail to “end inflation” and bring down housing costs “with the goal of cutting the cost of a new home in half.” That messaging, which resonated with swing voters frustrated with inflation, helped propel Trump back into the White House. Nearly a year into his term, Trump’s approval ratings have hit new lows as he calls the continuing…
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Senator Elizabeth Warren (D-Mass) is set to reintroduce the Corporate Crimes in Health Care Act — legislation that authorizes criminal and civil penalties for private equity owners of healthcare organizations when their actions cause the injury or death of patients under their care. It is the toughest legislation to date designed to curb the worst excesses of Wall Street owners in healthcare.
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Ratepayers across the U.S. are facing rising electric bills — a trend that could be turbocharged by Wall Street’s growing effort to capture the electric utilities we all depend on. A critical turning point in this development occurred in October when Minnesota state regulators greenlit the acquisition of Allete by asset management behemoth BlackRock — set to become Allete’s majority…
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Money has always distorted U.S. politics, but the current Trump regime has entered new territory with an unabashed pay-to-play setup that’s stuffing the president’s political coffers while enriching him and his family. Donald Trump’s coldly transactional dealings have been on full display as he’s tapped billionaire allies and major corporations to shower his administration with donations to…
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