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Trump Administration Cuts Nearly $8B in Clean Energy Projects in Blue States

Trump Administration Cuts Nearly $8B in Clean Energy Projects in Blue States

WASHINGTON (AP) — The Trump administration has announced the cancellation of $7.6 billion in funding for clean energy projects across 16 states. These states supported Democrat Kamala Harris for president. The cuts likely affect battery plants, hydrogen technology projects, and more. The announcement came on the first day of a government shutdown. The Republican administration…

OpenAI Now Worth $500 Billion, Possibly Making It the World’s Most Valuable Startup

OpenAI Now Worth $500 Billion, Possibly Making It the World’s Most Valuable Startup

OpenAI could now be the world’s most valuable startup, ahead of Elon Musk’s SpaceX and TikTok parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker. Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company’s valuation…

Gatorade and Cheetos Are Among the Pepsi Products Getting a Natural Dye Makeover

Gatorade and Cheetos Are Among the Pepsi Products Getting a Natural Dye Makeover

VALHALLA, New York (AP) — Pepsi has a new challenge: Keeping products like Gatorade and Cheetos vivid and colorful without the artificial dyes that U.S. consumers are increasingly rejecting. PepsiCo announced in April that it would accelerate a planned shift to natural colors in its foods and beverages. Right now, around 40% of the company’s…

Average Long-Term US Mortgage Rate Ticks Up for Second Straight Week, to 6.34%

Average Long-Term US Mortgage Rate Ticks Up for Second Straight Week, to 6.34%

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to the lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie…

Government Shutdown Takes Hold With Mass Layoffs Looming and No End in Sight

Government Shutdown Takes Hold With Mass Layoffs Looming and No End in Sight

WASHINGTON (AP) — The federal government was thrown into a shutdown with no easy endgame in sight. Democrats held firm Wednesday to their demands to salvage health care subsidies that President Donald Trump and Republican in Congress have refused to negotiate. The White House threatened mass layoffs of federal workers in a matter of days.…

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