clever how anthropic restricts the capability to write kernels, after hillclimbing it to superhuman level; to slow down the competitors’ R&D. Not sure who’s hurt more, the frontier (their models are worse here) or the OS (worse again but they have more kernel engineers than GPUs)

Cleaning up the world’s grids has been the easy part, writes @davidfickling. Turning that electricity into the default way to power everything else will be harder (via @opinion)

Clergy and other Democratic candidates with an unapologetically Christian message to “love your neighbor” helped their party flip control of Congress, highlighting the religious left's strength as a counter to evangelical support for President Donald Trump.

Cleveland Fed President Beth Hammack favors frequent smaller rate hikes to push monetary policy into restrictive territory. $TLT $UUP $SPY Inflation has stayed above 2% for nearly 6 years, driven by broad-based supply and demand pressures. Hammack argues smaller incremental moves reduce market disruption while preventing an inflationary mindset from taking hold. Central bank independence and congressional accountability remain critical to preserving the dollar as the global reserve currency. Dollar-backed stablecoins extend the greenback's reach into new digital markets, even as crypto volatility limits its transaction utility. Sustaining a resilient financial system and 2% inflation protects the purchasing power of cash and bond holdings. Are smaller, more frequent hikes the right way to bring inflation back to 2%?