Texas power grid already feeling strains, will it be able to handle the summer season?

Texas heat driving record energy demand Doug Lewin, President of Stoic Energy, joins FOX 7’s John Krinjak to discuss how the recent spike in temperature is affected the state’s power grid. AUSTIN, TX – With Texas power plants going offline – and ERCOT urging us to conserve energy – the hot weather is already putting … Read more

TerraUSD backer says will compensate some users; bitcoin back below $30,000

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register ECB officials warn of risks from cryptocurrencies Luna Foundation Guard says spent bulk of assets last week trying to prop up TerraUSD LFG … Read more

Texas power grid faces summer having changed little from February freeze

June 24 (Reuters) – Texas’s grid operator frightened residents last week when it said it had very little reserves to cover demand spiking as temperatures soared. This summer could produce more scary times. In February, the Texas grid, run by the Electric Reliability Council of Texas (ERCOT), nearly collapsed from several days of frigid weather, … Read more

Prevalence of white supremacists in law enforcement demands drastic change

(Reuters) – At Reuters investigation on May 6 indicates that a significant number of US police instructors have ties to a constellation of armed right-wing militias and white supremacist hate groups, a report that adds to a fast-growing body of evidence showing a deadly threat inside US police departments. The analysis found that some of … Read more

Stanford Law scraps all tuition for low-income students, joining Yale

The university logo is displayed at Stanford Stadium at Stanford University in Stanford, California, May 9, 2014. REUTERS/Beck Diefenbach Register now for FREE unlimited access to Reuters.com Register Students with family income below 150% of poverty line will be covered School to spend $3.1 mln more annually on enhanced financial aid (Reuters) – Stanford Law … Read more

Explainer: What are stablecoins, the asset rocking the cryptocurrency market?

Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, May 12 (Reuters) – Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to maintain a … Read more

Crypto meltdown deepens as stablecoin Tether drops below dollar peg

HONG KONG/LONDON, May 12 (Reuters) – The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off across higher risk assets, which has picked up steam this … Read more

Concerns grow over underage drinking related to Virginia’s cocktails to-go law

Underaged drinkers exploit online delivery apps to get alcohol FOX 5’s Perris Jones reports on the growing concerns about underaged drinkers in Virginia taking advantage of the state’s cocktails to-go law. VIRGINIA – The cocktails to-go law in Virginia was meant to help businesses struggling during the pandemic, but now there’s concern that underage drinkers … Read more

Dollar hovers near 2-decade high as CPI keeps aggressive US rate hikes likely

A man counts US dollar banknotes at an exchange shop in Beirut, Lebanon March 18, 2022. REUTERS/Mohamed Azakir/Files Register now for FREE unlimited access to Reuters.com Register TOKYO, May 12 (Reuters) – The US dollar held near a two-decade high on Wednesday after US inflation moderated less than markets had expected, keeping the Federal Reserve … Read more