democrat
US House blocks bid to impeach Defence Secretary Pete Hegseth, for now
To play this video you need to enable JavaScript in your browser. An effort to impeach US Defence Secretary Pete Hegseth, accusing him of waging war on Iran without congressional authorisation, has failed on Capitol Hill. A majority of the House of Representatives agreed to refer impeachment articles to a committee - essentially killing the effort introduced by dissident Republican congressman Thomas Massie of Kentucky - for now. In his first news briefing from the Pentagon in six months, Hegseth called the impeachment effort a farce and sabotage. The bid to find the cabinet secretary guilty of misconduct and ultimately remove him from office was seen as a long shot as it could have required a number of other Republicans to defy President Donald Trump.
Nvidia shaken by scandal amid wider political new order for big tech
Nvidia founder and CEO, Jensen Huang, speaks during the company's keynote at the 2025 Consumer Electronics Show at the Mandalay Bay hotel in Las Vegas, Nevada, on 6 January 2025. Nvidia founder and CEO, Jensen Huang, speaks during the company's keynote at the 2025 Consumer Electronics Show at the Mandalay Bay hotel in Las Vegas, Nevada, on 6 January 2025. A scandal tests Nvidia's dominance as tech billionaires seek to mend ties with Democrats after the midterm elections This was originally published in TechScape, a newsletter about how technology shapes our lives. Today in tech, we're talking about Nvidia's salacious scandal, tech tycoons trying to reconcile with Democrats, and what billionaires should spend their money on if not elections. On the opening night of Web Summit in Lisbon, the Nvidia CEO, Jensen Huang's admission that he had an affair with a Chinese datacenter executive suspected to be a spy for Beijing hit the main stage.
Here's the latest.
The Consumer Price Index for October will show how price pressures are trickling through the U.S. economy. See more of our coverage in your search results. Colby Smith covers the Federal Reserve. U.S. inflation has accelerated this year as the war with Iran, along with an artificial intelligence investment boom, have stoked price pressures across the country. Data released by the Bureau of Labor Statistics on Tuesday will show just how potent those pressures continue to be. Economists broadly expect a reprieve in October, with overall prices as measured by the Consumer Price Index rising 0.3 percent for the month after a 0.6 percent jump in September. "Core" prices, which strip out volatile food and energy items, are forecast to have risen just 0.2 percent. But don't expect a year-over-year comparison. The agency will not release one given that it was unable to collect data during last year's government shutdown, which ran from Oct. 1 through Nov. 12. The trajectory of inflation is being closely watched by the Federal Reserve. Tuesday's C.P.I. report will be the last before the central bank meets for its final gathering of the year on Dec. 8 and 9. November's report comes out the day after the meeting. Policymakers have broadly signaled that they will raise rates next month as they seek to stamp out price pressures that have pushed inflation further away from their goal.
The Democratic Wins No Election Forecaster Expected
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Here's why last year's government shutdown will haunt October's inflation data.
The Consumer Price Index for October will show how price pressures are trickling through the U.S. economy. See more of our coverage in your search results. Colby Smith covers the Federal Reserve. U.S. inflation has accelerated this year as the war with Iran, along with an artificial intelligence investment boom, have stoked price pressures across the country. Data released by the Bureau of Labor Statistics on Tuesday will show just how potent those pressures continue to be. Economists broadly expect a reprieve in October, with overall prices as measured by the Consumer Price Index rising 0.3 percent for the month after a 0.6 percent jump in September. "Core" prices, which strip out volatile food and energy items, are forecast to have risen just 0.2 percent. But don't expect a year-over-year comparison. The agency will not release one given that it was unable to collect data during last year's government shutdown, which ran from Oct. 1 through Nov. 12. The trajectory of inflation is being closely watched by the Federal Reserve. Tuesday's C.P.I. report will be the last before the central bank meets for its final gathering of the year on Dec. 8 and 9. November's report comes out the day after the meeting.
A transitioning Congress finds itself in a pickle on AI data centers
Say More Look Up Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Mashable Selects Trending Now Gift Ideas For Everyone On Your List Safety Net Mashable @Home In My Bag Versus Creator Playbook Getting Technical with Mashable All Series Politicians are walking a tightrope when it comes to regulating AI. Politicians like Michigan Senator-elect Abdul El-Sayed have some big decisions to make on AI. As Congress returns to Washington this week, the massive power demands of the AI boom have forced a reckoning over data center infrastructure. The Senate is preparing for a pivotal procedural vote on legislation that would speed approvals for energy projects while requiring large data centers to shoulder more of the costs they impose on the power grid. The bipartisan bill would add much-needed regulations on data centers, but, as some politicians believe, may also encourage data center construction.