World
AI Summary
- Data centers are projected to account for a significant portion of commercial building electricity consumption by 2050, potentially reaching 33%, according to EIA projections, while overall commercial electricity use is set to surpass residential use by 2027 amid persistent price surges.
- The Federal Reserve appears deeply divided on monetary policy, with recent FOMC minutes revealing dissent against an easing bias, complicating prospects for interest rate adjustments.
- A regulatory environmental review has been cleared for the Dow and X-energy reactor project, alongside the acceptance of NANO Nuclear's reactor construction permit for review, signaling progress in the nuclear energy sector.
- SpaceX's IPO filing is reportedly imminent, drawing attention to the burgeoning AI economy and its potential impact, as companies like Intuit and Meta continue to undergo AI-driven workforce reductions.
- International tensions remain high with several key developments: the US presses Iran to finalize a deal while Israel seeks a military greenlight, China warns the US against new Iran strikes, and Xi and Putin discuss energy leverage.
ZeroHedge
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Data Centers Could Be 33% Of Commercial Building Electricity Use By 2050: EIA
10 minutes ago
by Tyler Durden
Data Centers Could Be 33% Of Commercial Building Electricity Use By 2050: EIA By Diana DiGangi of UtilityDive The U.S. Energy Information Administration projects that data centers will “increasingly skew more energy intensive” and that electricity consumed by them will increase across all commercial building stock, with their servers growing to make up an estimated 22% to 33% of commercial building electricity use by 2050 , according to an April report. In its 2026 Annual Energy Outlook, EIA modeled various scenarios to explore how much data centers might drive demand in the medium and long term. In its high electricity
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Warsh Faces Uphill Battle As FOMC Minutes Show Deeply-Divided Fed Against Easing Bias
30 minutes ago
by Tyler Durden
Warsh Faces Uphill Battle As FOMC Minutes Show Deeply-Divided Fed Against Easing Bias Tl;dr: FOMC Minutes confirm a deeply-divided Fed with a hawkish bias as "majority" saw hike likely warranted , "many" preferred removing easing bias . * * * Since the last FOMC meeting (Powell's last), on April 29th, stocks and the dollar are up , bonds and gold are down and oil has swung violently in between... Source: Bloomberg Expectations for Fed action this year has surged hawkishly from a 20% chance of a single rate-cut to an almost 100% chance of a single rate-hike this week (before
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Tense Trump-Netanyahu Call As US Presses Iran To 'Sign The Document' - But Israel Wants Military Greenlight
30 minutes ago
by Tyler Durden
Tense Trump-Netanyahu Call As US Presses Iran To 'Sign The Document' - But Israel Wants Military Greenlight Summary Axios: "Trump continues to say he thinks a deal can be reached, but that he's ready to resume the war if it isn't ." US Marines board Iranian-flagged tanker in the Gulf of Oman, as it was accused of attempting to violate the US naval blockade. Iran's parliament speaker and chief negotiator Mohammad Bagher Ghalibaf says that Tehran sees signs that the United States is seeking to restart the war Oil tumbles after Pakistan again touts final deal draft text imminent, followed
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Regulator Clears Environmental Review For Dow And X-energy Reactor Project
35 minutes ago
by Tyler Durden
Regulator Clears Environmental Review For Dow And X-energy Reactor Project The Nuclear Regulatory Commission (NRC) has completed its environmental assessment for the Long Mott Generating Station, a proposed four-reactor Xe-100 project at Dow’s Seadrift, Texas site. 📆 #NRCNews : We've completed our environmental assessment of the proposed Long Mott Generating Station ahead of schedule. https://t.co/aQ2Lf548Lx pic.twitter.com/MznwpfQjTz — NRC (@NRCgov) May 18, 2026 A Finding of No Significant Impact (FONSI) was issued after the review wrapped up in under a year. The NRC has dramatically shortened review timelines across multiple advanced reactor projects in recent months. We have previously covered how
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What To Watch As SpaceX's IPO Filing Drop Imminent
an hour ago
by Tyler Durden
What To Watch As SpaceX's IPO Filing Drop Imminent Ahead of Thursday's scheduled launch of SpaceX's Starship V3 rocket, there are indications that Elon Musk's rocket and AI company could release its IPO filing as soon as this afternoon, giving investors, analysts, and competitors a rare look inside the finances and ownership structure of Musk's space empire. Starship and Super Heavy V3 moved to the pad at Starbase for final testing and preparations for launch pic.twitter.com/vU21Owvoif — SpaceX (@SpaceX) May 19, 2026 On Tuesday, The Wall Street Journal reported that Goldman Sachs secured the lead-left role on SpaceX's upcoming IPO,
The Guardian
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US doctor who contracted Ebola in DRC flown to Germany for treatment
6 hours ago
by Edward Helmore
Ebola, Germany, World news, Europe, Africa, Uganda, Democratic Republic of the CongoDr Peter Stafford’s wife and four children are also being monitored for symptoms amid Ebola outbreak in Congo An American doctor who contracted Ebola in the Democratic Republic of the Congo has been flown to Germany for treatment, along with his wife and four children, as the World Health Organization warned of the “scale and speed” of the outbreak. Authorities have reported at least 134 suspected deaths and more than 500 cases of the hemorrhagic Bundibugyo virus, which has no approved treatments or vaccines. The outbreak, which has spread into urban areas, has been declared a public health emergency requiring
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Rubio criticizes WHO’s Ebola response as US continues sweeping public health cuts
a day ago
by Maya Yang and agency
Marco Rubio, World Health Organization, US news, Ebola, Uganda, Africa, Health, Trump administration, US politicsUS secretary of state says WHO was ‘a little late’ in identifying deadly Ebola outbreak in the DRC and Uganda The US secretary of state, Marco Rubio, said on Tuesday that the World Health Organization (WHO) was “a little late” in identifying the deadly Ebola outbreak in the the Democratic Republic of the Congo and Uganda. On Tuesday, Rubio told reporters: “The lead is obviously going to be CDC [Centers for Disease Control] and the World Health Organization, which was a little late to identify this thing unfortunately.” Continue reading...
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WHO considers use of experimental vaccines as Ebola cases and deaths rise in DRC
a day ago
by Kat Lay in Geneva
Ebola, Democratic Republic of the Congo, World Health Organization, Global health, Global development, World news, Uganda, AfricaWHO chief said he was ‘deeply concerned’ after at least 500 suspected Ebola cases and 130 deaths reported in outbreak of Bundibugyo strain ‘It’s heartbreaking’: panic in eastern DRC over return of Ebola Global health leaders are considering whether vaccines or medicines still in development could be used to fight Ebola in the Democratic Republic of the Congo, as the World Health Organization’s chief said he was deeply concerned by the outbreak’s speed and scale. Dr Tedros Adhanom Ghebreyesus said there had been at least 500 suspected cases of Ebola and 130 suspected deaths in DRC since the new outbreak
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As WHO sounds alarm over Ebola in DRC, what can be learned from previous outbreaks?
a day ago
by Peter Beaumont Senior international correspondent
Ebola, Democratic Republic of the Congo, Africa, Global development, World Health Organization, Uganda, World newsConflict, mistrust and delayed detection could complicate response to emergency caused by Bundibugyo variant To be around the centre of an Ebola outbreak is to become used to the smell of chlorine. At hospitals and government buildings, surfaces are sprayed with it and hands washed in a 0.05% solution that can kill the virus in 60 seconds. Infrared handheld thermometers take temperatures at airports and border crossings. Any indication of a fever prevents passage. Contact-tracing teams crisscross the countryside. Continue reading...
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US claims ‘emergency refugee situation’ as it admits 10,000 more white South Africans
a day ago
by Rachel Savage in Johannesburg and agencies
US immigration, Trump administration, South Africa, Donald Trump, US politics, US news, AfricaTrump has repeatedly made false claims that white Afrikaners facing genocide with costs of resettling them at $100m The US government has said it will increase the number of white South Africans it admits as refugees this year from about 7,500 to 17,500, claiming that “unforeseen developments in South Africa created an emergency refugee situation.” Since starting his second term in office last year, Donald Trump has repeatedly made false claims that white Afrikaners are racially targeted and face a “white genocide” , which South Africa’s government has furiously rebutted. Continue reading...
South China Morning Post
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UK radio station mistakenly reports death of King Charles
19 minutes ago
by Agence France-Presse
A former British pirate radio station on Wednesday apologised “for any distress caused” after accidentally announcing the death of King Charles. The erroneous announcement was made on Tuesday afternoon due to a computer error at its main studio in Maldon in eastern Essex, Radio Caroline said in a post on social media. The error had triggered the so-called death of a monarch procedure “which all UK stations hold in readiness while hoping not to require”, station manager Peter Moore said. “Radio...
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US charges Raul Castro as Trump administration ratchets up pressure on Cuba
an hour ago
by Teresa Elena Frontado
The United States announced on Wednesday criminal charges against former Cuban leader Raul Castro over his alleged role in the 1996 downing of two civilian aircraft operated by the Miami-based exile group Brothers to the Rescue, an incident that killed four people. The indictment, unsealed by Acting US Attorney Todd Blanche in Miami, includes charges of conspiracy to kill US nationals, destruction of an aircraft and four individual counts of murder against Castro and five other co-defendants....
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Harvard to cap number of A-grades, despite heavy opposition from students
an hour ago
by Bloomberg
More than two-thirds of Harvard University faculty voted to cap the proportion of A-grades in undergraduate courses, instituting one of the strongest policies against grade inflation in US higher education in decades. Starting in the fall of 2027, no more than 20 per cent of a class, plus four additional students, can receive an A. Just under 70 per cent of the votes were in favour of the policy in a week-long electronic vote that concluded on Tuesday. The vote represents a “large mandate for...
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Israeli minister posts video of flotilla activists, threatens to jail them for ‘long time’
4 hours ago
by Associated Press
Israel’s national security minister drew a sharp rebuke from his boss and triggered a backlash abroad on Wednesday, after he released videos taunting and telling detained activists from a flotilla that tried to get past the Israeli blockade of Gaza that they should be imprisoned for a very long time. Israeli Prime Minister Benjamin Netanyahu said although Israel has every right to stop “provocative flotillas of Hamas terrorist supporters”, the way that National Security Minister Itamar Ben-Gvir...
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US and China must talk to manage dangers of AI contest in a nuclear age
6 hours ago
by Michael A. Santoro
In the wake of the summit between Chinese President Xi Jinping and US President Donald Trump, the China-US relationship is, in one critical respect, more dangerous than at any time since Tiananmen Square. The reason is not trade friction, tariffs, Taiwan or geopolitical competition – significant as those are. It is the competition over artificial intelligence supremacy, which will reshape every aspect of relations in the coming decade. This is not just a technological contest. It is a contest...
New York Times
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Trump’s $1.8 Billion Fund Tests Constitutional Limits
an hour ago
by Adam Liptak
United States Politics and Government, Federal Aid (US), Compensation for Damages (Law), Federal Budget (US), Law and Legislation, Suits and Litigation (Civil), Presidential Power (US), Courts and the Judiciary, Trump Tax Returns, Internal Revenue Service, Justice Department, Supreme Court (US), Trump, Donald JThe deal the president reached with his own subordinates relies on a mechanism created by Congress that legal experts had warned was subject to manipulation.
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Jan. 6 Police Officers Sue to Block Trump’s Payout Fund
3 hours ago
by Luke Broadwater
United States Politics and Government, Attacks on Police, Storming of the US Capitol (Jan, 2021), Suits and Litigation (Civil), United States Capitol Police, Dunn, Harry (1983- ), Trump, Donald J, Blanche, Todd (Attorney)The two officers accused the administration of creating a “slush fund” to reward rioters and groups that committed violence on behalf of President Trump.
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Prison to Pardons to Payouts: Jan. 6 Rioters Are Elated at Trump’s $1.8 Billion Fund
6 hours ago
by Alan Feuer
Storming of the US Capitol (Jan, 2021), United States Politics and Government, Fringe Groups and Movements, Justice Department, Blanche, Todd (Attorney), Trump, Donald J, Tarrio, EnriqueThe possibility that people who ransacked the Capitol could get money from the government they attacked is the latest head-spinning twist in President Trump’s effort to rewrite the history of Jan. 6.
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Rubio, in Video, Urges Cubans to Align With Trump Administration
3 hours ago
by Ali Watkins
Rubio, Marco, Cuba, Trump, Donald J, Oil (Petroleum) and Gasoline, internal-open-access-from-nlIn a rare direct address, Secretary of State Marco Rubio blamed the former leader Raúl Castro for the country’s longstanding electricity and resource shortages.
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Early War Goal Was to Install Hard-Line Former President as Iran’s Leader
5 hours ago
by Mark Mazzetti, Julian E. Barnes, Farnaz Fassihi and Ronen Bergman
US and Israeli Attack on Iran (2026), Iran, Ahmadinejad, Mahmoud, Khamenei, Ali, Defense and Military Forces, Islamic Revolutionary Guards Corps, Israel, Mossad, Espionage and Intelligence Services, Netanyahu, Benjamin, United States International Relations, Trump, Donald J, internal-open-access-from-nlAn Israeli strike designed to free Mahmoud Ahmadinejad from house arrest in Tehran, U.S. officials said, was part of an effort to bring about regime change and put him in power.