SMARTER IN 10

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1. Stock Market History of Fed Rate Hikes

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2. Gasoline in Driving Most of Inflation

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3. Are AI Data Centers Raising Your Electric Bill?

AI data centers use a lot of power, and it’s easy to assume that demand drives up electricity bills. A new data center can use as much power in a year as hundreds of thousands of homes. However, electricity markets don’t work like most markets, and the data tells a complicated story. USAFacts gathered data on electricity prices, data center locations, and much, much more for our deepest data dive yet. 

• A new data center built with capacity for 100 to 1,000 megawatts of power could consume as much electricity in a year as 80,000 to 800,000 homes. Virginia’s existing data centers currently draw enough for 7.5 million homes — more than double the state’s 3.4 million households.
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• It’s understandable to think that more demand would mean higher prices in general. And new grid infrastructure costs money. But the electricity market works in unique ways: power plants and other infrastructure are expensive to build, yet extra electricity is cheap to produce once those things exist.
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• National electricity prices (adjusted for inflation) have increased somewhat modestly nationally since ChatGPT kicked off the AI boom in 2022. Last year, the average residential electricity price was $0.17 per kilowatt-hour. In 2001, the inflation-adjusted average was $0.16.
   

• Of course, rates have swung quite a bit for some people when you move past national averages. Washington, DC’s rose 45% from $0.16 in December 2022 to $0.24 in December 2025. Yet rates fell in states ranging from Hawaii to New Hampshire and Massachusetts.
   

• And price swings aren’t new. We looked at other three-year stretches since 2000 and found nine other instances in which a state’s prices grew by more than 50%. All of these instances were before the AI boom.
   

• States are working to keep data centers, not households, covering these costs. Some regulators are pushing utilities to charge data centers directly, and more utilities now bill them separately from other customers. Some AI developers have pledged to cover the costs themselves.

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4. Half of Millennials are Getting Prenuptial Agreements

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5. Russia is Churning Out Cheap Weapons from Chinese Parts

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6. What States Most Exposed to Canada? WSJ

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7. New York City New Housing Coming From Office Conversions

NYT-So far this year, the city has issued permits for 74 such projects that will create roughly 10,100 new homes, according to an analysis of city data by The New York Times. That amounts to a third of all of the new housing permitted in the city during that period, showing how quickly New York is embracing residential conversions.

U.S.-New Apartments Being Built -53% from 2022 Peak.

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8. Mid-Term Election Money…..Crypto PAC $137m and AI PAC $140m

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9. Japan has 100,000 People Over 100 Years Old…90% Women

OLD NEWS

Japan has a problematic age gap

Unsplash

For the first time in its history, Japan has more than 100,000 people over the age of 100—and nearly 90% of them are women. The surge of centenarians is straining the country’s resources and making the male/female ratio at senior home mixers impossibly unbalanced.

To put the official total of 107,677 into context, that’s enough 100-year-olds to nearly fill AT&T Stadium in Dallas. When paired with Japan’s record-low fertility rates, the number of centenarians—which has risen for 56 straight years—is creating a host of fiscal problems:

• Around one-third of the country’s ~120 million residents are drawing from public pensions.

• The health ministry asked for $218 billion for pensions and medical care for next year’s fiscal budget, representing about a quarter of the overall requests.

• The government estimates that it will need 2.4 million elder care workers in 2026, up from 2.1 million in 2024.

To supplement its withering workforce, Japan is recruiting care workers from abroad. After reaching 66,000 last year under a skilled-worker visa program, the government will now allow nearly three times that many under a new foreign-aid worker plan despite its usually strict immigration policies.—DL

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10. Patterns of Unhappy People-Shane Parish

Patterns of unhappy people: 

- Need social approval 
- Are reliably unreliable 
- Feel sorry for themselves 
- Choose comfort over truth 
- Refuse to learn from others 
- Spend more than they make 
- Use chemicals to alter mood 
- Make everything about them 
- Resent the success of others 
- Confuse motion with progress 
- Confuse cynicism with intelligence 
- Promiscuous with their attention 
- Always in love with their first idea 
- Are always too smart to look stupid 
- Need to learn everything from mistakes 
- Build a life that looks better than it feels 
- Protect their potential by never testing it 
- Stay loyal to decisions that no longer make sense 
- Win arguments at the expense of the relationships 
- Standards for others and explanations for themselves 

Not a good place to be.

https://fs.blog/about/

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