Author: DailyWestern

Taiwan is experiencing an energy crisis. As the island completes a phaseout of nuclear power plants—long the bedrock of its energy mix—plans for a promised offshore wind buildup have sputtered. All the while, industry has become more dependent on imports of liquefied natural gas. But that source is not only dirty—it also leaves the island at risk of a blockade and other forms of coercion by China. In 2024, electricity rates in Taiwan hiked twice in the same year after two consecutive years of increases, reaching record levels for industrial users. Another rate hike could be coming this year. Blackouts…

There’s a view that civilian employment (household series) peaks before nonfarm payroll employment (establishment series). If true, then time for worry. Figure 1: Civilian employment over age 16 (blue), nonfarm payroll employment (tan), private nonfarm payroll employment (red), private nonfarm payroll employment from ADP (red), all in logs 2025M04=0, seasonally adjusted. Civilian employment is experimental series using smoothed population controls to 2024M12. Source: BLS, ADP via FRED, BLS, NBER. Civilian employment has a peak at April 2025, even as NFP (total, private) have continued to rise. ADP private NFP decreased in June. In truth, out of the last four recessions,…

Chelsea have reimagined some of the club’s most iconic clothing pieces in a new limited-edition apparel line titled “Reimagined Icons.”The collection features six unique items, each representing a key chapter in Chelsea’s storied history. Six talented London designers have taken these classic pieces and transformed them – not to simply repeat the past, but to reinterpret and modernise it for today’s fans.The line opens with the 1906 Royal Blue Crew, a camouflage-style jersey inspired by the early years when Chelsea first adopted their signature royal blue colour. Following that is the Ted Drake Bomber, a contemporary take on the blazer…

As anticipated, the Washington Wizards have consolidated their separate trade agreements with the New Orleans Pelicans and Houston Rockets into a single, three-team transaction. The move was made official via a press release issued by the Pelicans. Here’s how the finalized trade breaks down: The original deal between the Wizards and Pelicans – the centerpiece […] The post CJ McCollum joins Wizards as part of 3-team swap appeared first on TalkBasket.net.

Leslie Chapman-Henderson, President/CEO of the Federal Alliance for Safe Homes (FLASH), discusses tornado safety and preparedness tips. The risk of severe weather continues throughout the U.S., as parts of the Great Plains are expected to experience some nasty weather early in the week. The main risk for Sunday will be strong winds and potentially damaging hail across the plains.NOAA’s Storm Prediction Center has issued a level 3 out of 5 threat for damaging winds, with wind speeds potentially reaching up to 75 mph. This area includes Dodge City, Kansas and Denver, Colorado.According to the FOX Forecast Center, a tornado threat…

After June 29 shootings in Coeur d’Alene, Idaho, killed two firefighters and injured another, social media users rushed to fill in the blanks of suspected shooter Wess Roley’s background. Roley, 20, was found dead at the scene with a firearm nearby. One X user attached screenshots of a response from Grok, X’s artificial intelligence chatbot, in a June 30 X post about Roley. The Grok response included many claims, such as that Roley had a “prior arrest for assault in 2024,” for supposedly attacking a woman with a knife. Grok claimed Roley was charged with felony assault with a deadly…

by Calculated Risk on 7/06/2025 09:52:00 AM The first graph shows the unemployment rate by four levels of education (all groups are 25 years and older) through June 2025. Note: This is an update to a post from several years ago.Unfortunately, this data only goes back to 1992 and includes only three recessions (the stock / tech bust in 2001, and the housing bust/financial crisis, and the 2020 pandemic). Clearly education matters with regards to the unemployment rate, with the lowest rate for college graduates at 2.5% in June, and highest for those without a high school degree at 5.8%…

Real Madrid’s rising star Gonzalo Garcia has described his experience at the Club World Cup as a “dream,” after continuing his impressive scoring run and drawing early comparisons to club icon Raul.The 21-year-old forward has netted four goals in five appearances for Madrid, including a key strike in their 3-2 quarter-final victory over Borussia Dortmund on Saturday.Gonzalo currently shares the top spot in the Golden Boot race with Al Hilal’s Marcos Leonardo and Benfica’s Angel Di María, all of whom have four goals in the tournament.Madrid supporters have been eager for a homegrown attacking talent to rise since Raul’s legendary…

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Tropical Storm Chantal continues to weaken after the storm made landfall along the South Carolina coast early Sunday morning. FOX Weather Storm Specialist Mike Seidel was in North Myrtle Beach, South Carolina, with the latest on the storm’s impacts on July 6, 2025.Tropical Storm Chantal made landfall Sunday morning just south of Myrtle Beach, South Carolina. Top sustained winds were estimated to be 60 mph – the system perked up just before landfall. Tropical rains have pushed into the Carolinas. The potential for flooding will continue for a couple of days as the remnants of the system slowly pull north.Fortunately,…