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The Farmers’ Almanac isn’t going out of business after all, but it is leaving Maine for the bright lights of New York City and a new owner. Beloved by farmers and gardeners, the almanac was first printed in 1818 and like the arguably more famous Old Farmers Almanac relies on a secret formula of sunspots, planetary positions, and lunar cycles to generate long-range weather forecasts. It’s been acquired by Unofficial Networks, a digital publisher focused on skiing and outdoor recreation. That means the almanac will keep operating despite announcing in November that its 208-year run was coming to an end. A new Farmers Almanac website will be a living, breathing publication with fresh, daily content and there are plans to bring back a print edition, said Tim Konrad, founder and publisher of New York-based Unofficial Networks. I saw the announcement that one of Americas most enduring publications was set to close, Konrad said, and it felt wrong to stand by while an irreplaceable piece of our national heritage disappeared. The deal will prioritize preserving and sustaining the iconic publication, according to a statement from Unofficial Networks and Peter Geiger, the almanac’s longtime publisher. The Farmers Almanac was founded in New Jersey before moving its headquarters to Lewiston, Maine, in 1955. The Old Farmers Almanac is based in New Hampshire. Over the years, scientists have sometimes chafed at the publications’ predictions. Studies of their accuracy have found them to be a little more than 50% accurate. That is about on par with random chance. But Geiger, whose family had the Farmers’ Almanac for more than 90 years, said they’re going out a winner by having predicted a cold and snowy 2026. For more than 200 years, the values and wisdom of the Farmers Almanac have been protected and nurtured by four owner-publishers,” Geiger said. “I am grateful to have found the right next custodian in Tim Konrad. I am also confident he will honor its heritage and carry it forward for generations to come. Unofficial Networks was started in 2006 by Konrad and his brother John in a California basement, according to the company’s website. Patrick Whittle, Associated Press
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Financial markets are churning on Friday as investors try to figure out what President Donald Trumps new nominee to lead the Federal Reserve will mean for interest rates. The initial reactions were uneasy because of the uncertainty. U.S. stocks fell, with the S&P 500 down 0.8% in midday trading. The Dow Jones Industrial Average was down 507 points, or 1%, as of 1 p.m. Eastern time, and the Nasdaq composite was 1% lower. The value of the U.S. dollar, meanwhile, climbed but only after swiveling a couple of times following Trumps nomination of Kevin Warsh. And some of the wildest action was again in precious metals markets, where the price of gold screeched lower following its stellar run over the last year. Whoever leads the Fed has a big influence on the economy and markets worldwide by helping to dictate where the U.S. central bank moves interest rates. Such decisions lift or weigh on prices for all kinds of investments, as the Fed tries to keep the U.S. job market humming without letting inflation get out of control. Trump has been pushing for lower interest rates, which usually help goose the economy but can also cause higher inflation. A fear in financial markets has been that the Fed will lose some of its independence because of Trump. That fear in turn helped catapult the price of gold and weaken the U.S. dollars value over the last year. The longtime assumption has been that the Fed can operate separately from the rest of Washington so that it can make decisions that are painful in the short term but necessary for the long term. To get inflation down to the Fed’s goal of 2%, for example, may require the unpopular choice to keep interest rates high and grind down on the economy for a while. The big question is what Warsh’s nomination, which still requires approval from the Senate, means for the Fed’s independence. Warsh used to be a governor on the Feds board, so investors are familiar with him. That could also mean Warsh is familiar with and hopes to continue the institution of the Fed as an independent operator. And while with the Fed, Warsh criticized the central bank’s buying of bonds to keep interest rates low. Some on Wall Street took Warsh’s nomination as an encouraging signal for a still-independent Fed that will keep rates high, if necessary. But Warsh has also recently been critical of the Feds current chair, Jerome Powell, and has voiced support for lower rates. Indeed, Warsh is not the Feds guy, he is Trumps guy, and has shadowed Trump on monetary policy almost every step of the way since 2009, according to Thierry Wizman, a strategist at Macquarie Group. This doesnt necessarily mean that Warsh will push the Fed into rate cuts soon, but it could indicate he may be quicker to do so when the time comes. On Wall Street, stocks of metals miners tumbled as the price of gold dropped 8.9% to $4,878.80 per ounce. Gold’s price has suddenly run out of momentum following a tremendous rally where it roughly doubled over 12 months. It topped $5,000 for the first time on Monday and got near $5,600 on Thursday. Silver, which has been on a similar, jaw-dropping tear, fell even more. It plunged 23.5%. Prices for gold and other precious metals had been surging as investors looked for safer places for their money while weighing a wide range of risks, including a potentially less independent Fed, a U.S. stock market that critics say is expensive, political instability, threats of tariffs and heavy debt loads for governments worldwide. The dramatic halt in momentum may have been inevitable given how far and how fast metal prices had surged over the last year. Nothing goes up in price forever. Friday’s drops for metals prices helped send the stock of miner Newmont down 10.9%. Freeport-McMoRan, another miner, dropped 8.4%. Apple was the heaviest weight on the S&P 500 after sinking 1.4%, even though the iPhone maker reported a stronger profit for the latest quarter than analysts expected. Helping to limit the market’s losses was Tesla, which rose 4.3%. It bounced back after dropping on Thursday despite delivering better profit reports for the latest quarter than analysts expected. In the bond market, the yield on the 10-year Treasury held at 4.24%, where it was late Thursday. It got near 4.28% in the overnight and early-morning hours before falling back. A rise in a bond’s yield indicates that its price is weakening. Yields may have felt some upward pressure from a report released Friday showing U.S. inflation at the wholesale level was hotter last month than economists expected. That could put pressure on the Fed to keep interest rates steady for a while instead of cutting them, as it did late last year. In stock markets abroad, indexes rose in much of Europe following a mixed performance in Asia. Stocks rose 1.2% in Jakarta after the CEO of Indonesias stock market, Imam Rachman, resigned Friday. Stocks had stumbled there in prior days after MSCI, an influential company in the investment industry that creates stock and other indexes, warned about market risks such as a lack of transparency. Stan Choe, AP business writer AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
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E-Commerce
If you enter a query into Quili.AI on January 31, your question wont be answered by a large language model, but instead by residents from the Chilean community of Quilicura. The project aims to replace artificial intelligence with analog intelligence, to both highlight the environmental impact of AI, and to get people thinking consciously about their AI use. Were inviting people to have a day without AI, Lorena Antiman from Corporación NGEN, an environmental organization focused in part on protecting Quilicuras wetlands, says while speaking through a translator. Corporación NGEN spearheaded the project. Instead of going through a data center, each prompt into the chatbot will be answered directly by Quilicura residents. Artists, teachers, and others in the community will all meet in one place on Saturday, ready to respond to the queries. Quilicura and data centers The people of Quilicura, Chile are directly living with the impact of AI data centers. The community is located on the edge of Santiago, which is becoming a data center hub: 16 such facilities have been approved for construction there since 2012. Data centers both use immense amounts of energy, and lots of water to cool the servers. Understanding AI water use can be complicated, but some experts have tried to quantify it. A 2024 Washington Post article says that generating a 100 word email with GPT-4 requires 519 milliliters of water, or just over a bottle. Google opened its first Latin American data center in Quilicura in 2015. That facility uses 50 liters of water a secondor the same as 8,000 Chilean householdsthe New York Times reported in 2025, based on environmental records filed with the government. (Google says the sites used less water the year prior, about the same water use as a golf course.) This data center boom from tech companies is happening as Chile experiences a 15-year megadrought. The country is expected to lead the world in terms of water stress by 2040. Community activists in Quilicura have highlighted the impact of these data centers by showing before and after photos of the regions wetlands, appearing dry even during the rainy season. [Photo: Quili.AI] How Quili.AI works Up to 50 community members will be participating in the day without AI, ready to respond to Quili.AI prompts over the 24 hours of January 31 only. Each of them will bring their unique skills to the task. Prompt Quili.Ai to make a certain image, and a local artist will draw it. Ask Quili.AI for a recipe, and someone will share their own. Or need something explained to you like youre 5? a community member says in a video promoting the action. Ask Mateo. Hes 5. Instead of servers and cloud computing, community members will use their own experiences, their cultural knowledge, and their human judgment. Responses may not be immediate, but Antiman says theyll do their best to reply to as many queries as they can. And though the humans powering this analog intelligence are local to Quilicara, the organizers say anyone can use the tool. Instilling better AI habits Antiman hopes the action helps people think more responsibly about what they turn to AI for, and if their prompts are worth the resources they require. Just like were taught to turn off lights when we leave a room, or to not run water while we brush their teeth, she hopes people can learn better AI habits. Many people may simply not be aware of the impacts of using AI. Antiman is a teacher, and she says her students are surprised when she highlights those effects. They dont know the consequences of the way theyre using AI, she says. The day without AI is also an invitation, she adds, for people to look to their own neighbors or communities for knowledge. Maybe your neighbor knows how to change a tire, or another already has a recipe for cupcakes, so you dont need to ask ChatGPT. This connection between real people is what makes the Quili.AI project so exciting to Antiman. The most magical thing about it is the community is the one working on it, she says. Theyre all coming together to make this happen.
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