Today: 8 July 2026

Ohio farmers eye $2 billion property-tax break as new caps start to bite

Ohio farmers eye $2 billion property-tax break as new caps start to bite

COLUMBUS, Ohio, Jan 22, 2026, 01:20 Ohio Farm Bureau says a set of state property-tax changes passed late last year could provide more than $2 billion in relief for farmers over the next three years, as counties start enforcing new limits designed to curb valuation-driven spikes. “Many of our farmland owners are going to see that inflation limit applied to their tax bills,” said Leah Curtis, the group’s associate general counsel, highlighting credits aimed at owners who have already undergone a reappraisal cycle.
22 January 2026
Nadella’s Davos warning: AI may lose “social permission” as power costs decide the raceDavos,

Nadella’s Davos warning: AI may lose “social permission” as power costs decide the raceDavos,

Microsoft CEO Satya Nadella told the World Economic Forum in Davos that the AI race is heading toward a hard limit: energy. He said “GDP growth in any place will be directly correlated” to the energy costs required to power AI systems. https://www.inc.com/ava-levinson/energy-costs-ai-race-microsoft-ceo/91290198 The surge in generative AI has shifted the data center battle to securing electricity, water, and permits—beyond just chips and software. This week, OpenAI introduced its “Stargate Community” plan, aiming to cover its energy costs so local power bills don’t spike as it expands capacity. https://www.reuters.com/sustainability/society-equity/openai-unveils-plan-keep-data-center-energy-costs-check-2026-01-21/
22 January 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 22.01.2026

LIVEMarkets rolling coverageStarted: January 22, 2026, 12:00 AM ESTUpdated: January 22, 2026, 11:59 PM EST Reddit (RDDT) Valuation Review: Share Price Swings and Growth Perspective January 22, 2026, 11:58 PM EST. Reddit (RDDT) shares closed at $214.54 after recent volatility, showing a 2.10% one-day gain but softer trends over the past month. The platform boasts strong fundamentals with 23.67% annual revenue growth and 31.98% net income growth. Its fair value is estimated at $239.76, suggesting the stock is undervalued by roughly 44%. Reddit's data assets are increasingly valuable for artificial intelligence (AI) and large language model (LLM) training. However, the
22 January 2026
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EPFO 3.0 is coming: PF withdrawals via UPI by April, Rs 25,000 cap and a new portal in the works

EPFO 3.0 is coming: PF withdrawals via UPI by April, Rs 25,000 cap and a new portal in the works

India’s Employees’ Provident Fund Organisation is preparing to let members withdraw provident fund money using the Unified Payments Interface from April, with an initial cap of Rs 25,000 per transaction, the Indian Express reported, citing a senior government official. UPI is India’s instant payments network; the withdrawal option would run through BHIM, the government-backed UPI app, the report said. The timing matters because EPFO sits on a vast pool of household savings and serves as a fallback in emergencies, not just retirement. Officials say it has nearly 8 crore active members and manages a corpus of around Rs 28 lakh crore, and that the next upgrade is aimed at making services faster and easier to use for workers across organised and unorganised sectors.
22 January 2026
Lucid (LCID) stock jumps nearly 18% on Rockwell Saudi factory software deal

Lucid (LCID) stock jumps nearly 18% on Rockwell Saudi factory software deal

Lucid Group shares surged 17.9% Wednesday after Rockwell Automation announced plans to expand its partnership supporting the EV maker’s growing manufacturing footprint in Saudi Arabia. Rockwell closed the day roughly 4.1% higher. https://www.theglobeandmail.com/investing/markets/stocks/LCID/pressreleases/37156847/why-lucid-stock-is-skyrocketing-today/ The announcement adds a new data point on Lucid’s efforts to ramp up production beyond the U.S., a critical issue for investors in a sector where factory performance can sharply impact margins. Saudi Arabia has positioned new industrial projects under Vision 2030, its strategy to reduce dependence on oil.
22 January 2026
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Stock Market Today

  • WTI Oil Jumps 7% as US Strikes Iran, Strait of Hormuz Threatened
    July 8, 2026, 1:32 PM EDT. WTI crude oil prices climbed 7.41%, reaching a two-week high as US-Iran tensions flared and the Strait of Hormuz faced new risk. The route is critical for global oil shipments. Gasoline futures were up 6.62% to a one-month high. The US hit over 80 Iranian sites after Iran targeted commercial vessels. President Trump said more US strikes and blockades were possible. Iran threatened to shut the Strait, putting supplies in doubt. The crude crack spread moved to a record, making refining more attractive. Higher supply from Saudi Arabia, UAE, and Russia did little to ease IEA concern, as it still expects global oil demand to fall 1.1 million barrels a day in 2024. The US Energy Department raised its crude output forecast for 2026, another weight on prices.
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