BrianFagioli writes: The New York Stock Exchange, owned by Intercontinental Exchange, is developing a platform for trading tokenized versions of U.S. listed stocks and ETFs around the clock, pending regulatory approval. The system would combine the NYSE's existing matching engine with blockchain-based settlement, enabling 24x7 trading, instant settlement, and fractional share purchases priced in dollar amounts. Shares would remain fully regulated securities, with dividends and voting rights intact, rather than cryptocurrencies, even though the backend would run on blockchain-style infrastructure.

China's birth rate fell to 5.6 per 1,000 people in 2025, the lowest figure since the founding of the People's Republic in 1949, and the country's total population contracted by 3.39 million, the sharpest decline since the Mao Zedong era. The drop marks the fourth straight year of population decline and comes despite government efforts to encourage childbearing, including subsidies of about $500 annually per child born on or after January 1, 2025.

Beijing has also imposed a 13% value-added tax on contraceptives this year. The government is betting on automation and productivity to offset the shrinking workforce -- China already leads the world in robot installations -- and President Xi Jinping has written that population policy must transition "from being mainly about regulating quantity to improving quality."

Slashdot reader hackingbear summarizes this report from Bloomberg: China consumed totally 10.4 trillion kilowatt hours (10.4 petaWh) in 2025 according to data from the National Energy Administration. That's the highest annual electricity use ever recorded by a single country, and doubled the amount used by the US and surpassed the combined annual total of the EU, Russia, India and Japan.

The surge in demand for power are results of growth in data centers for artificial intelligence (+17% over 2024) and use of electric vehicles (+48.8%)... However, on a per-capita basis, China uses about 7,300 kWh per person vs about 13,000 kWh per American.
More details from Reuters: China's mostly coal-based thermal power generation fell in 2025 for the first time in 10 years, government data showed on Monday, as growing renewable generation met growth in electricity demand even as overall power usage hit a record. The data is a positive signal for the decarbonisation of China's power sector as China sets a course for carbon emissions to peak by 2030... Thermal electricity, generated mostly by coal-fired capacity with a small amount from natural gas, fell 1% in 2025 to 6.29 trillion kilowatt-hours (kWh), according to the National Bureau of Statistics (NBS). It fell more sharply in December, down by 3.2%, from a year earlier, the data showed... [Though the article notes that coal output still edged up to a record high last year.]

Hydropower grew at a steady pace, up 4.1% in December and rising 2.8 % for the full year, the NBS data showed. Nuclear power output rose 3.1 in December and 7.7% in 2025, respectively. Thermal power generation is unlikely to accelerate in 2026 as renewables growth continues apace.

An anonymous reader shared this report from CNBC: Led by Texas and New Hampshire, U.S. states across the national map, both red and blue in political stripes, are developing bitcoin strategic reserves and bringing cryptocurrencies onto their books through additional state finance and budgeting measures. Texas recently became the first state to purchase bitcoin after a legislative effort that began in 2024, but numerous states have joined the "Reserve Race" to pass legislation that will allow them to ultimately buy cryptocurrencies. New Hampshire passed its crypto strategic reserve law last May, even before Texas, giving the state treasurer the authority to invest up to 5% of the state funds in crypto ETFs, though precious metals such as gold are also authorized for purchase. Arizona passed similar legislation, while Massachusetts, Ohio, and South Dakota have legislation at various stages of committee review...

Similarities in the actions taken across states to date include include authorizing the state treasurer or other investment official to allow the investment of a limited amount of public funds in crypto and building out the governance structure needed to invest in crypto... [New Hampshire] became the first state to approve the issuance of a bitcoin-backed municipal bond last November, a $100 million issuance that would mark the first time cryptocurrency is used as collateral in the U.S. municipal bond market. The deal has not taken place yet, though plans are for the issuance to occur this year... "What's different here is it's bitcoin rather than taxpayer dollars as the collateral," [said University of Chicago public policy professor Justin Marlowe]. In numerous states, including, Colorada, Utah, and Louisiana,crypto is now accepted as payment for taxes and other state business...

"For many in the state/local investing industry, crypto-backed assets are still far too speculative and volatile for public money," Marlowe said. "But others, and I think there's a sort of generational shift in the works, see it as a reasonable store of value that is actually stronger on many other public sector values like transparency and asset integrity," he added.
Public policy professor Marlowe "sees the state-level trend as largely one of signaling at present," according to the article. (Marlowe says "If you're a governor and you want to broadcast that you are amenable to innovative business development in the digital economy, these are relatively low-cost, low-risk ways to send that signal.") But the bigger steps may reflect how crypto advocates have increasing political power in the states. The article notes that the cryptocurrency industry was the largest corporate donor in a U.S. election cycle in 2024, "with support given to candidates on both sides."

"It is already amassing a war chest for the 2026 midterms."

U.S. college graduates "have historically found jobs more quickly than people with only a high school degree," writes Bloomberg.

"But that advantage is becoming a thing of the past, according to new research from the Federal Reserve Bank of Cleveland." "Recently, the job-finding rate for young college-educated workers has declined to be roughly in line with the rate for young high-school-educated workers, indicating that a long period of relatively easier job-finding prospects for college grads has ended," Cleveland Fed researchers Alexander Cline and BarıÅY Kaymak said in a blog post published Monday. The study follows the latest monthly employment data released on Nov. 20, which showed the unemployment rate for college-educated workers continued to rise in September amid an ongoing slowdown in white-collar hiring... The unemployment rate for people between the ages of 20 to 24 was 9.2% in September, up 2.2 percentage points from a year prior.
There is a caveat. "Young college graduates maintain advantages in job stability and compensation once hired..." the researchers write. "The convergence we document concerns the initial step of securing employment rather than overall labor market outcomes."

Their research includes a graph showing how the "unemployment gap" first increased dramatically after 2010 between college-educated and high school-educated workers, which the researchers attribute to "the prolonged jobless recovery after 2008". But that gap has been closing ever since, with that gap now smaller than at any time since the 1970s.

"Young high school workers are riding the wave of the historically tight postpandemic labor market with well-below-average unemployment compared to that of past high school graduates, while young college workers are experiencing unemployment rates rarely observed among past college cohorts barring during recessions." The labor market advantages conferred by a college degree have historically justified individual investment in higher education and expanding support for college access. If the job-finding rate of college graduates continues to decline relative to the rate for high school graduates, we may see a reversal of these trends. The convergence we document concerns the initial step of securing employment rather than overall labor market outcomes. These details suggest a nuanced shift in employment dynamics, one in which college graduates face greater difficulty finding jobs than previously but maintain advantages compared with high school graduates in job stability and compensation once hired.
Two key quotes:

• "Declining job prospects among young college graduates may reflect the continued growth in college attainment, adding ever larger cohorts of college graduates to the ranks of job seekers, even though technology no longer favors college-educated workers."

• "Developments related to AI, which may be affecting job-finding prospects in some cases, cannot explain the decades-long decline in the college job-finding rate."

The European Commission "has opened a public call for evidence on European open digital ecosystems," writes Help Net Security, part of preparations for an upcoming Communication "that will examine the role of open source in EU's digital infrastructure." The consultation runs from January 6 to February 3, 2026. Submissions will be used to shape a Commission Communication addressed to the European Parliament, the Council, and other EU bodies, which is scheduled for publication in the first quarter of 2026... The call for evidence links Europe's reliance on digital technologies developed outside the EU to concerns over long term control of infrastructure and software supply chains... Open digital ecosystems are discussed in the context of technological sovereignty and the use of technologies that can be inspected, adapted, and shared.
Long-time Slashdot reader Elektroschock describes it as the European Commission "stepping up its efforts behind open-source software" Building on President von der Leyen's political guidelines, the initiative will review the Commission's 2020-2023 open-source approach and set out concrete actions to strengthen Europe's open-source ecosystem across key areas such as cloud, AI, cybersecurity and industrial technologies. The strategy will be presented alongside the upcoming Cloud and AI Development Act, forming a broader policy package aimed at reducing strategic dependencies and boosting Europe's digital resilience.
And "In just a few days, over 370 submissions have already been filed, indicating that the issue is touching a nerve across the EU," writes CyberNews.com: "Europe must regain control over its software supply chain to safeguard freedom, security, and innovation," suggests an individual from Slovakia. Similar perspectives appear to be widely shared among respondents...

The document doesn't mention US tech giants specifically, but rather aims to support tech sovereignty and seek "digital solutions that are valid alternatives to proprietary ones...."

"This is not a legislative initiative. The strategy will take the form of a Commission communication. The initiative will set out a general approach and will propose: actions relying on further commitments and an implementation process," the EC explains. Policymakers expect the strategy to help EU member states identify the necessary steps to support national open-source companies and communities.

=[ "More than half of all cryptocurrencies ever launched are now defunct," reports CoinDesk, citing a new analysis by cryptocurrency data aggregator CoinGecko.

And most of those failures occurred in 2025: The study looked at token listings on GeckoTerminal between mid-2021 and the end of 2025. Of the nearly 20.2 million tokens that entered the market during that period, 53.2% are no longer actively traded. A staggering 11.6 million of those failures happened in 2025 alone — accounting for 86.3% of all token deaths over the past five years.

One key driver behind the surge in dead tokens was the rise of low-effort memecoins and experimental projects launched via crypto launchpads like pump.fun, CoinGecko analyst Shaun Paul Lee said. These platforms lowered the barrier to entry for token creation, leading to a wave of speculative assets with little or no development backing. Many of these tokens never made it past a handful of trades before disappearing.

Friday a federal judge "cleared U.S. power company Dominion Energy to resume work on its Virginia offshore wind project." But a U.S. federal judge also ruled Thursday that another major offshore wind farm is allowed to resume construction, reports the Hill. "The project, which would supply power to New York, was one of five that were halted by the Trump administration in December...."

In fact, there were three different court rulings this week each allowing construction to continue on a U.S. wind project: Judge Carl Nichols, a Trump appointee, granted a preliminary injunction allowing Empire Wind to keep building... Another, Revolution Wind, was also allowed to move forward in court this week... The project would provide enough power for up to 500,000 homes, according to its website. The court's decision allows construction to resume while the underlying case against the Trump order plays out.
Meanwhile, power company Orsted "is also suing over the pause of its Sunrise Wind project for New York," reports the Associated Press, "with a hearing still to be set." The fifth paused project is Vineyard Wind, under construction in Massachusetts. Vineyard Wind LLC, a joint venture between Avangrid and Copenhagen Infrastructure Partners, joined the rest of the developers in challenging the administration on Thursday.
CNN points out that the Vineyard Wind project "has been allowed to send power to the grid even amid Trump's suspension, a spokesperson for regional grid operator ISO-New England told CNN in an email." Residential customers in the mid-Atlantic region, including Virginia, desperately need more energy to service the skyrocketing demand from data centers â" and many are seeing spiking energy bills while they wait for new power to be brought online.
CNN notes that president Trump said last week "My goal is to not let any windmill be built; they're losers."

The Associated Press adds that "In contrast to the halted action in the US, the global offshore wind market is growing, with China leading the world in new installations. Nearly all of the new electricity added to the grid in 2024 was renewable. The British government said on Wednesday it had secured a record 8.4 gigawatts of offshore wind in Europe's largest offshore wind auction, enough clean electricity to power more than 12m homes."

A new article from Bloomberg says dozens of America's colleges "succumbed to a fundamental problem killing colleges across the US: not enough students. The schools will award their final degrees this spring, stranding students not yet ready to graduate and forcing faculty and staff to hunt for new jobs." The country's tumbling birth rate is pushing schools toward a "demographic cliff," where a steadily dropping population of people in their late teens and early 20s will leave desks and classrooms empty. Many smaller, lesser-known schools like Cazenovia have already hit the precipice. They're firing professors, paring back liberal arts courses in favor of STEM — or closing altogether. Others will likely reach the cliff in the next few years... [T]the US birth rate ticked upward slightly before the 2008 financial crisis, and that brief demographic boost has kept enrollment at larger schools afloat. But the nationwide pool of college-aged Americans is expected to shrink after 2025. Schools face the risk that each incoming class could be smaller than the last. The financial pressure will be relentless...

Since 2020, more than 40 schools have announced plans to close, displacing students and faculty and leaving host towns without a key economic engine... Close to 400 schools could vanish in the coming decade, according to Huron Consulting Group. The projected closures and mergers will impact around 600,000 students and redistribute about $18 billion in endowment funds, Huron estimates... Pennsylvania State University, citing falling enrollment at many of its regional branches, plans to shutter seven of its 20 branch campuses after the spring 2027 semester... [C]ampuses in far-flung places, without brand recognition, are falling out of favor with students already questioning the value of a college degree. For example, while Penn State's flagship University Park campus saw enrollment grow 5% from 2014 to 2024, 12 other Penn State campuses recorded a 35% drop, according to a report tasked with determining whether closures were necessary.
The article notes that "Less than half of students whose schools shut down before they graduate re-enroll in another college or university, according to a 2022 study."

But even at colleges that remain, "The shrinking supply of students has already sparked a frenzied competition for high school seniors..." Some public institutions are letting seniors bypass traditional requirements like essays and letters of recommendation to gain entry automatically... Direct-admission programs, which allow students to skip traditional applications, are one potential response. Some 15 states have them, according to Taylor Odle, assistant professor of educational policy studies at the University of Wisconsin-Madison. He found in a 2022 paper that direct admissions increased first-year undergrad enrollment by 4% to 8%... And they don't require nearly as many paid staff to run, since there are no essays or letters of recommendation to read.

A federal judge has temporarily lifted the Trump administration's suspension of the Coastal Virginia Offshore Wind, allowing construction on the largest offshore wind project in the U.S. to resume. CNBC reports: Judge Jamar Walker of the U.S. District Court for the Eastern District of Virginia granted Dominion's request for a preliminary injunction Friday. Dominion called the Trump suspension "arbitrary and illegal" in its lawsuit. "Our team will now focus on safely restarting work to ensure CVOW begins delivery of critical energy in just weeks," a Dominion spokesperson told CNBC in a statement Friday. "While our legal challenge proceeds, we will continue seeking a durable resolution of this matter through cooperation with the federal government," the spokesperson said.

Dominion said in December that "stopping CVOW for any length of time will threaten grid reliability for some of the nation's most important war fighting, AI and civilian assets." Coastal Virginia Offshore Wind is a 176-turbine project that would provide enough power for more than 600,000 homes, according to Dominion. It is scheduled to start dispatching power by the end of the first quarter of 2026. In December, the Trump administration paused the leases on all five offshore wind sites currently under construction in the U.S., blaming the decisions on a classified report from the Department of Defense.

Cloudflare has acquired the core team behind the open source JavaScript framework Astro, bringing its creators in-house while pledging to keep Astro fully open source. The New Stack reports: Astro is used by major brands like IKEA, Unilever, Visa and OpenAI to build fast, content-driven websites. Search engines prioritize fast-loading and clean pages, the Cloudflare statement noted. Websites that rely heavily on JavaScript for initial rendering often struggle to deliver the required speed, which hinders search rankings and customer conversions.

Pages on Astro serve up only the code needed to display a page in a browser. That's in part because of its Island architecture, which it introduced in 2021. Astro's Islands allow developers to create "islands" of interactive client-side components, while most of the page is generated statically in HTML. Server Islands extend the same architecture to the server.

Astro is also UI-agnostic, meaning that while it has its own independent engine, it allows developers to bring in components from React, Svelte, Vue and other frameworks. This makes Astro a preferred choice for building high-performance, content-driven websites optimized for speed, according to Cloudflare. "Over the past few years, we've seen an incredibly diverse range of developers and companies use Astro to build for the web," said Astro's former CTO, Fred Schott, in a post with Cloudflare senior product manager Brendan Irvine-Broque. "At Cloudflare, we use Astro, too -- for our developer docs, website, landing pages and more." They said that the acquisition will allow them to "double down" on making Astro the best framework for content-driven websites.

Longtime Slashdot reader hackingbear shares a report from the Washington Times: Breaking with the United States, Canada has agreed to cut its 100% tariff [back to 6.1%] on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday after meeting Chinese President Xi Jinping in Beijing. He said there would be an initial annual cap of 49,000 vehicles on Chinese EV exports to Canada, growing to about 70,000 over five years. Prior to the 100% tariff, China exported about 41,000 vehicles to Canada in 2023. In exchange, China will reduce its total tariff on canola seeds, a major Canadian export, from 84% to about 15%, he told reporters. Carney said China has become a more predictable partner to deal with than the U.S, the country's neighbor and longtime ally.

[hackingbear writes: "After helping the U.S. arrest Huawei CFO Meng Wanzhou, who was later released without admitting guilty by the Biden administration after bickering with China, Canada had followed the U.S. in putting tariffs of 100% on EVs from China and 25% on steel and aluminum under former Prime Minister Justin Trudeau, Carney's predecessor."] China responded by imposing duties of 100% on Canadian canola oil and meal and 25% on pork and seafood. It added a 75.8% tariff on canola seeds last August. Collectively, the import taxes effectively closed the Chinese market to Canadian canola, an industry group has said.

An anonymous reader shares a report: The prospect of Britain realigning its financial rules with the European Union has passed, and the country should avoid linking its regulations to any single jurisdiction, the ambassador for London's financial services sector told Reuters. Nearly a decade after Brexit, newly appointed Lady Mayor of London Susan Langley said that while maintaining dialogue with the EU remained important -- particularly on defence -- Britain should work with all nations that share its values and respect the rule of law.

"We've still got huge alignment with Europe, cash flows between us are huge... Would we ever go back in terms of regulation? I think we've moved away from that," she said.

A researchers' propensity for risky projects is passed down to their doctoral students -- and stays with trainees after they leave the laboratory, according to an analysis of thousands of current and former PhD students and their mentors. From a report: Science involves taking risks, and some of the most impactful discoveries require taking big bets. However, scientists and policymakers have raised concerns that the current academic system's emphasis on short-term outcomes encourages researchers to play it safe. Studies have shown, for example, that risky research is less likely to be funded. Anders Brostrom, an economist studying science policy at the University of Gothenburg in Sweden, and his colleagues decided to examine the role of doctoral education in shaping risk-related behaviour -- an area that Brostrom says has been largely overlooked.

"We often focus on thinking about how we can change the funding systems to make it more likely for people to take risks, but that's not the only lever we have," says Chiara Franzoni, an economist at the Polytechnic University of Milan in Italy. This study is "refreshing" because "we've discussed policy interventions a lot, but we haven't discussed training," she adds. [...] The team found that students' risk-taking dispositions matched those of their supervisors. This link was stronger when students and their supervisors communicated frequently, and weaker when students were also mentored by scientists outside their lab.

Seattle was late to the light rail party -- the city rejected transit ballot measures in 1968 and 1971, missing out on federal funding that built Atlanta's MARTA, and didn't approve a plan including rail until 1996 -- but the Pacific Northwest city is now in the middle of a multibillion-dollar building boom that has produced the highest post-pandemic ridership recovery of any US light rail system.

The Link system opened its first line in 2009, funded largely by voter-approved tax measures from 2008 and 2016. The north-south 1 Line now stretches 41 miles after a $3 billion extension to Lynnwood opened in June 2025 and a $2.5 billion leg to Federal Way debuted in December. Ridership is up 24% since 2019, and 3.4 million people rode Link trains in October 2025.

Test trains have been running since September across the I-90 floating bridge over Lake Washington -- what Sound Transit claims is the world's first light rail on a floating structure -- preparing for a May 31 opening. The Crosslake Connection is part of the 2 Line, a 14-mile, $3.7 billion extension voters approved in 2008 that was originally slated to open in 2020. The expansion hasn't come without problems. Sound Transit faces a roughly $30 billion budget shortfall, and a planned Ballard extension has ballooned to $22 billion, double original estimates.

theodp writes: Code.org, the nonprofit backed by AI giants Microsoft, Google and Amazon and whose Hour of AI and free AI curriculum aim to make world's K-12 schoolchildren AI literate, points job seekers to its AI Use Policy in Hiring, which promises dire consequences for those who use AI during interviews or take home assignments without its OK.

Explaining "What's Not Okay," Code.org writes: "While we support thoughtful use of AI, certain uses undermine fairness and honesty in the hiring process. We ask that candidates do not [...] use AI during interviews and take-home assignments without explicit consent from the interview team. Such use goes against our values of integrity and transparency and will result in disqualification from the hiring process."

Interestingly, Code.org CEO Partovi last year faced some blowback from educators over his LinkedIn post that painted schools that police AI use by students as dinosaurs. Partovi wrote, "Schools of the past define AI use as 'cheating.' Schools of the future define AI skills as the new literacy. Every desk-job employer is looking to hire workers who are adept at AI. Employers want the students who are best at this new form of 'cheating.'"

In a reversal from previous years, U.S. carbon emissions rose 2.4% in 2025 compared with the year before. NBC News reports: The increase in greenhouse gas emissions is attributable to a combination of a cool winter, the explosive growth of data centers and cryptocurrency mining and higher natural gas prices, according to the Rhodium Group, an independent research firm. Environmental policy rollbacks by President Donald Trump's administration were not significant factors in the increase because they were only put in place this year, the study authors said. Heat-trapping gases from the burning of coal, oil and natural gas are the major cause of worsening global warming, scientists say.

American emissions of carbon dioxide and methane had dropped 20% from 2005 to 2024, with a few one- or two-year increases in the overall downward trend. Traditionally, carbon pollution has risen alongside economic growth, but efforts to boost cleaner energy in recent years decoupled the two, so emissions would drop as gross domestic product rose. But that changed last year with pollution actually growing faster than economic activity, said study co-author Ben King, a director in Rhodium's energy group. He estimated the U.S. put 5.9 billion tons (5.35 billion metric tons) of carbon dioxide equivalent in the air in 2025, which is 139 million tons (126 million metric tons) more than in 2024.

The cold 2025 winter meant more heating of buildings, which often comes from natural gas and fuel oil that are big greenhouse gas emitters, King said. A significant and noticeable jump in electricity demand from data centers and cryptocurrency mining meant more power plants producing energy. That included plants using coal, which creates more carbon pollution than other fuel sources. A rise in natural gas prices helped create an 13% increase in coal power, which had shrunk by nearly two-thirds since its peak in 2007, King said.

Go, the ancient board game that China, Japan and South Korea all claim as part of their cultural heritage, is struggling to expand its global footprint because the three nations that dominate it cannot agree on something as basic as a common rulebook.

When Go was registered with the International Mind Sports Association alongside chess and bridge, organizers had to adopt the American Go Association's rules because the East Asian trio failed to reach consensus. In 2025, China's Ke Jie withdrew from a title match at a Seoul tournament after receiving repeated penalties for violating a rule that the South Korean Go association had introduced mid-tournament. China's Go association responded by barring foreign players, most of them South Korean, from its domestic competitions.

It also doesn't help that the game's commercial appeal is fading. Japan's Nihon Ki-in, the country's main Go association, has started exploring a potential sale of its Tokyo headquarters. Young people across the region are gravitating toward chess, shogi, and video games instead.

DesScorp writes: CNBC reports that new data from the National Student Clearinghouse indicates that enrollment growth in four year degree programs is slowing down, while growth in two year and certification programs is accelerating:

An anonymous reader shares a report: Microsoft's library of books is so heavy that it once caused a campus building to sink, according to an unproven legend among employees. Now those physical books, journals, and reports, and many of Microsoft's digital subscriptions to leading US newspapers, are disappearing in a shift described inside Microsoft as an "AI-powered learning experience."

Microsoft started cutting back on its employee subscriptions to news and reports services in November, with some publishers receiving an automated email cancellation of a contract. [...] Strategic News Service (SNS), which has provided global reports to Microsoft's roughly 220,000 employees and executives for more than 20 years, is no longer part of Microsoft's subscription list.