Oct. 2, 2025

Why Your Electric Bill is Surging (And the U.S. Government Shuts Down)

Why Your Electric Bill is Surging (And the U.S. Government Shuts Down)

 Warren Buffett’s Berkshire Hathaway makes its biggest move since 2022 with a $9.7 billion deal to buy Occidental’s chemical unit. Amazon launches a new budget grocery brand with most items under $5 to win over price-conscious shoppers. Fast-food chains from McDonald’s to Wendy’s hit the chicken strip panic button to revive sales. The U.S. government shuts down after a healthcare funding fight, furloughing up to 800,000 workers. Utility bills soar as AI data centers and Trump’s energy policies drive costs higher. Meta announces ads will now target you based on AI chatbot conversations starting December 16. Nike beats earnings expectations but warns of weak holiday sales.

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