Stock Market News
Wall St banks' Q2 saw deal fees, trading windfall boost profit
Wall Street's biggest banks found few reasons to complain this earnings season. Investment bankers were busier than they have been in years, trading desks thrived on volatility and resilient consumers...
Stock Market News Today, 7/16/26 – Futures Slip as Tech Selloff Continues ahead of Key Earnings
U.S. stock futures edged lower ahead of Thursday’s session as a sell-off in technology stocks continued to weigh on investor sentiment. Futures on the Nasdaq 100 (NDX), the S&P 500 Index (SPX), and…
EU accepts X's plan to fix digital content violations
The European Union announced Wednesday that it had accepted a plan by Elon Musk's X social media platform to correct digital-content violations that led to a 120 million euros ($138 million) fine.
Iran warns U.S. of Hormuz ‘red line,' says it will retaliate to Trump's strike threats
The Iranian government warned the U.S. it would retaliate if its infrastructure is targeted in American strikes. U.S. President Donald Trump warned on Tuesday that the U.S. will target Iranian infrast...
Stock Market Today: Nasdaq Set for Lower Open as Chip Stocks Come Under Pressure
Oil prices hold steady
U.S. Stock Futures Fall on Fresh AI Wobble
Memory chip stocks continued to yo-yo in Asia, with Korea Exchange briefly suspending trading as SK Hynix and Samsung Electronics cratered.
South Korea Regulators Unveil Curbs on High-Risk ETFs
The Financial Services Commission said Thursday that it would suspend new listings of single-stock leveraged ETFs.
Chinese banks set for $41 million payday from chipmaker's $8.6 billion IPO
Six Chinese investment banks working on chipmaker CXMT's $8.6 billion IPO are set to take home at least $41 million in fees, company filings showed, in a boost for an industry whose income pool has s...
'China Shock 3.0': CXMT as part of China's efforts to grab global tech market share
Peter Alexander of Z-Ben Advisors warns of a "China Shock 3.0" as CXMT's $8B Shanghai IPO targets self-sufficiency in the AI stack. Mirroring the playbook used in steel and EVs, he expects CXMT to sca...
Stock Futures Rise on Cooling Inflation and Strong Earnings
U.S. stock futures moved higher ahead of Thursday’s session as cooling inflation and strong earnings from major financial companies boosted investor sentiment. A weaker-than-expected U.S. Producer Pri...
U.S. slaps 25% tariff on most Brazilian goods over 'unfair trade practices'
The U.S. plans to impose a 25% tariff on most imports from Brazil starting next week. A separate U.S. probe into forced-labor enforcement has also proposed an additional 12.5% duty on Brazilian goods ...
Europe Inc heads into strongest earnings season in years, but AI gap persists
European companies are heading for their strongest earnings season in more than three years, but investors remain concerned that the region lacks enough AI-powered growth engines to keep pace with t...
U.S. to Impose 25% Tariff on Certain Goods From Brazil
The move follows a yearlong investigation by U.S. trade officials into what they described as unfair trade practices.
China's Xi to outline AI diplomacy vision at key Shanghai forum
Chinese President Xi Jinping is expected to outline an ambitious vision for China's role in global AI governance at a forum on Friday, as Huawei showcases its most advanced AI computing cluster yet i...
Oil Price Forecast: Iran Blockade Pushes WTI and Brent Toward $90
Oil prices remain strong as Iran tensions and Strait of Hormuz risks support WTI and Brent, with key breakouts pointing toward $90 and higher.
Asia Equities Mostly Decline on AI Concerns
Asia-Pacific equities mostly declined, as a pullback in U.S. chip stocks fueled concerns about the longevity of artificial-intelligence enthusiasm and weighed on chip-heavy South Korea.
Wall Street Traders Are Having Their Best Year Ever
JPMorgan, Goldman and other big banks are raking in trading revenue this year as “the market is clearly extremely risk-on.”
Review & Preview: Losing Momentum
The Invesco S&P 500 Momentum ETF fell on Wednesday while major stock indexes climbed higher.
Jim Cramer says he needs 'cold hard' proof that AI is paying off
CNBC's Jim Cramer said he's looking for companies to start showing measurable financial returns from their AI investments. He sees AI infrastructure companies are benefiting, but corporate customers h...
Jim Cramer questions whether Wednesday's rally in Big Tech will have staying power
CNBC's Jim Cramer warned that Wednesday's rally in tech may have gotten carried away from fundamentals. He pointed to jumps in the stocks of Alphabet, Microsoft, Meta and Amazon without any fundamenta...
Larry Kudlow: This is my 'hunch' about the Federal Reserve
FOX Business host Larry Kudlow discusses the impact of inflation data on the Federal Reserve's decision-making on 'Kudlow.
U.S. Stock Futures Edge Higher after Inflation-Driven Rally
U.S. stock futures were slightly up Wednesday evening after a rally fueled by cooler inflation and lower Treasury yields. Also, solid earnings from financial companies, released today, helped lift inv...
This powerful stock-market momentum trade has hit a wall after seeing biggest unwind since 2001
So far, the selloff hasn't done much to dent the S&P 500, as other stocks and sectors have picked up the slack
Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
Fed Chairman Kevin Warsh took two days of House and Senate questioning and made few major missteps. Lawmakers in both parties agreed prices are still rising too fast, putting pressure on Warsh to deli...
AI is so big, it's now impossible for investors to avoid
For decades, the golden rule of investing was simple: Put 60% of your money into stocks for strong returns and 40% into bonds for safety. But according to Torsten Slok, chief economist at Apollo, that...
World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says
While the FIFA World Cup provided a tourism boost to host cities, its positive impact was mitigated by economic weakness seen elsewhere, according to a Federal Reserve report. Bars in Boston reported ...
Wednesday's Final Takeaways: Cooler PPI & Chinese ADRs
Sam Vadas discusses PPI data coming in cooler than expected reshaping inflation concerns. She also touches on investors rotating into Chinese ADRs.
Megacap Tech Lifts U.S. Stocks
U.S. stocks edged higher as gains in megacap technology names offset weakness in chip stocks.
Stock Market Today: SPY, QQQ Mixed as PPI Inflation Cools; Trump Ramps Up Pressure on Iran
The S&P 500 ETF ($SPY) closed higher on Wednesday following an encouraging wholesale inflation report. However, the tech-heavy Nasdaq 100 ETF ($QQQ) was weighed down by a selloff in semiconductor…
Dow rises 150 points as Big Tech leads gains after soft inflation data
US stocks closed higher on Wednesday as investors welcomed another softer-than-expected inflation report and a strong start to the second-quarter earnings season, while rotating out of semiconductor s...
S&P 500 Top Stock Gainers Today, 7/15/26
The S&P 500 (SPX) closed higher on Wednesday in a volatile trading session marked by strength in the Magnificent 7 and weakness in energy stocks. Let’s break down the sectors behind the performance.
Concerns grow about tariffs in US sanctions bill on Russia
Potential tariffs in a U.S. bill imposing sanctions on Russia drew concern from Democratic lawmakers on Wednesday who said it could give President Donald Trump new powers to impose trade measures on...
Dan Ives: Q2 earnings will be the driver for mega-cap stocks
Dan Ives, Yorkville Ives, joins 'Closing Bell' to discuss Ives' thoughts on SpaceX, how to value the company and much more.
Busiest US container port sets cargo record in June
The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it set a June cargo record as shippers ranging from retailers to data center builders rushed in goods to avoid higher f...
Trump blasts New York AI data center ban, says state should change policy 'immediately'
President Donald Trump slammed New York Gov. Kathy Hochul's move to bar the construction of certain large-scale data centers for up to a year.
Fed Chairman Kevin Warsh testifies before Senate Banking Committee
Federal Reserve Chairman Kevin Warsh speaks Wednesday to the Senate Banking, Housing, and Urban Affairs Committee as part of the congressionally mandated semiannual monetary policy report.
Chip Stocks Are Giving Wall Street Whiplash, and Earnings Have Barely Started
A spectacular run for chip makers, server suppliers, and memory and storage names seems to have investors on edge.
Trump Warns Iran of Intensifying Strikes Until Talks Resume
President Trump has amped up the pressure on Iran following several consecutive days of military strikes. In an interview with Fox News, he warned that the U.S. will continue to…
SHOCKING SHIFT: New inflation report just CHANGED the outlook
'The Big Money Show' panel reacts to cooling inflation data, President Donald Trump's prediction of lower prices and what the latest reports could mean for consumers and the economy.
AI startup Thinking Machines launches an open-weight AI model
AI startup Thinking Machines revealed on Wednesday a new artificial intelligence model that could serve as one of the few alternatives to popular open-source offerings from Chinese AI labs.
Why Is the Stock Market Down Today, 7/15/26?
After opening higher, both the S&P 500 (SPX) and the Nasdaq 100 (NDX) have since reversed their gains and fallen into negative territory. Profit-taking in semiconductor and memory stocks is…
Banks Crush Earnings and Give Tech Stocks a Breather
Banks can't do what tech does. But they've done well nonetheless.
Bitcoin Almost Reclaims $65,000 as Sinking U.S. Inflation Eases Rate Hike Fears
Bitcoin (BTC-USD) hit the $64,982 price mark after new economic data from the U.S. came in softer than analysts expected. The Producer Price Index, which tracks wholesale prices, dropped by…
Warsh won't say if he's spoken with Trump since taking the Fed's helm
Senate Democrats are uneasy about White House influence at central bank.
Fed Chairman Warsh says he meets 'often' with Trump administration, defends independence
The Fed chair and Treasury secretary meet weekly under long-standing tradition. Warsh on Wednesday said he goes beyond that.
Dow Jones Today: DJIA Retreats on Tame Wholesale Inflation Data as Oil Drifts Lower
The Dow Jones (DJIA) is trading slightly lower on Wednesday as oil prices fall alongside an inflation update from the Bureau of Labor Statistics (BLS). Wholesale prices cooled in June,…
Matt Tuttle on Inflation's Ebbs & Flows for Interest Rates, Stock Market
Matthew Tuttle explains why the June CPI report could be a game changer for markets, breaking down how the latest inflation data could influence everything. He discusses why oil and gas prices are the...
Fed's Warsh Says AI Impact Not Necessarily Inflationary
Federal Reserve Chairman Kevin Warsh says higher prices driven by the build-out of AI infrastructure are not necessarily inflationary. He speaks at a Senate Banking Committee hearing.
Warsh Says Trump Has Not Tried to Influence Fed Policy
Federal Reserve Chairman Kevin Warsh testifies that President Donald Trump has not tried to interfere with the central bank. He speaks at a Senate Banking Committee hearing.
Elizabeth Warren attacks Fed chair Kevin Warsh in Senate hearing, floating corruption accusations
Fed Chairman Kevin Warsh and Sen. Elizabeth Warren got into a heated altercation Wednesday during his testimony before Congress.
Developers Are Back to Building U.S. Warehouses
Industrial real estate under construction rose 18% in the second quarter, driven by demand from suppliers of data-center equipment.
Senator Warren Challenges Fed's Warsh About Ethics, Bowman
During a tense exchange, US Senator Elizabeth Warren challenges Federal Reserve Chairman Kevin Warsh over allegations of a longstanding culture of corruption and ethical lapses within the central bank...
Wall Street's investment banking machine firing on all cylinders
A broad revival in investment banking is taking hold on Wall Street, fueled by a surge in IPOs, mergers and debt issuance.
Oil Slips after U.S. Reimposes Naval Blockade on Iran
Brent crude (BZ), the global oil benchmark, is trading lower on Wednesday after the U.S. restored its naval blockade on Iranian ports. Still, Brent has surged nearly 17% since July…
You are missing the bond deal of the decade — and it is guaranteed to beat inflation
TIPS are offering a rare gift — and it is time to lock in a generous payout.
Why Is the Stock Market Up Today, 7/15/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Wednesday following another sign of cooling inflation. The Producer Price Index (PPI) fell by 0.3% month-over-month in June,…
Energy Prices Ease In June, Dropping U.S. Inflation To 3.5% Annually
The June consumer price index shows that annual inflation is moving closer to the Federal Reserve's 2% target. Energy put downward pressure on inflation as a lull in the Iran war easing prices for con...
Market Wrap
As we move into the summer months, the U.S. economy and financial markets continue to demonstrate resilience. Corporate earnings have generally exceeded expectations, consumer spending remains healthy...
How this small-cap stock picker's ‘ownership' approach has helped him beat the Russell 2000
An active value and quality-based approach can be an advantage in a part of the stock market dominated by index funds.
Bank of Canada Holds Interest Rates Steady amid Economic Uncertainty
Canada entered a technical recession earlier this year.
IMF strategy chief calls for price stability, credibility in shock-prone world
The International Monetary Fund's strategy chief urged government officials on Wednesday to focus on medium-term fiscal frameworks and maintain a firm commitment to price stability in the current sho...
Has Inflation "Peaked?" Kevin Hincks Talks PPI, Fed Expectations & U.S.-Iran War
Wednesday's PPI showed similar trends to Tuesday's CPI print, as Kevin Hincks explains how food and energy played the biggest roles in the cooler-than-expected numbers. One Fed member is now saying "i...
Fed’s Williams Says ‘Unquestionably Too High’ Inflation May Crack Soon
New York Fed President John Williams said Wednesday that inflation at 4% is “unquestionably too high.” At the same time, he also sees signs that prices are beginning to drop…
Dow rises 140 points as softer inflation, BlackRock, Paypal lift US stocks
US stocks opened higher on Wednesday after investors responded to another softer-than-expected inflation report and a fresh round of corporate earnings. Chip stocks fell even after upbeat guidance fro...
US Indices Forecasts – Earnings Season and CPI Noise Stall Momentum
The US indices continue to look for momentum early on Wednesday.
Fed Chairman Kevin Warsh testifies before Senate Banking Committee — 7/15/2026
Federal Reserve Chairman Kevin Warsh speaks Wednesday to the Senate Banking, Housing, and Urban Affairs Committee as part of the congressionally mandated semiannual monetary policy report.
Dow Jones Gains as PPI Inflation Surprises to the Downside
The Dow Jones (DJIA) is set to open higher on Wednesday as investors assess a wholesale inflation update from the Bureau of Labor Statistics (BLS). In June, the Producer Price…
Markets Have Passed Their First Earnings Test, Now Comes Tech
The first earnings season test has been passed. And markets looking to the next exam.
U.S. Producer-Price Index Fell in June
The producer-price index declined by 0.3% in June, the Labor Department said, after increasing by an elevated 0.6% in May. Analysts had estimated that producer prices held steady last month.
5 Things to Know Before the Stock Market Opens on Wednesday
Stock futures are pointing to a higher open as investors digest a flurry of earnings reports from major companies; oil prices are higher as the U.S. and Iran continue to trade strikes; PayPal shares a...
Treasury yields are flat as traders weigh encouraging inflation data vs. oil rebound
Treasury yields were edged higher as investors awaited the latest producer price inflation print for June.
Warren Buffett on the market today: 'It's tough to find values when everybody is preferring gambling'
The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.
New York Fed President Williams says inflation has peaked, rates 'well positioned'
Williams cited five reasons why he expects the latest price surge has run its course.
Hassett sees no 'excuse' to raise rates, says Warsh will push Fed to 'right answer'
National Economic Council Director Kevin Hassett said he sees no argument for raising interest rates in light of the latest data on the U.S. economy. Fed Chair Kevin Warsh, President Donald Trump's pi...
Futures Muted as Investors Assess Updates on U.S.-Iran Conflict
Stock futures hovered around the flatline on Wednesday morning as investors assessed updates on the U.S.-Iran conflict. Futures on the Nasdaq 100 (NDX), the S&P 500 Index (SPX), and the Dow Jones Indu...
Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
Wholesale prices show first drop in almost a year on lower gas prices, but inflation still too high
Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it's unclear if the recent slowdown in inflation will persist in light of renewed hostilities between...
Buffett says Trump's pick of Kevin Warsh for Fed chair was 'good choice'
Warren Buffett believes Fed Chair Kevin Warsh will do the best job he can.
Star analyst Dan Ives forms Yorkville Ives merchant bank after leaving Wedbush
Dan Ives is teaming up with Yorkville Securities to launch a new merchant banking firm. The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and ...
Nasdaq futures soar 150 points: 5 things to know before Wall Street opens
US stock futures edged higher on Wednesday as investors weighed a blockbuster takeover approach for PayPal against fresh inflation data and another test of corporate earnings. Dow futures were up 15 p...
Wild Start to Earnings Season Lays Bare the Great AI Divide
IBM stock has its worst day ever, PayPal gets a takeover offer, big banks see deal boom time, and more news to start your day.
This Wall Street ‘theme-o-meter' has a clear message: The artificial-intelligence bull market is back.
UBS says its top theme right now is that leadership for artificial-intelligence stocks is returning, and earnings season may prove how investors have been too pessimistic.
Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, increased to 6.65% from 6.58% Applications for a mortgage to purchase a home fell 7...
Morning Bid: Melting core
What matters in U.S. and global markets today. A torrent of new information hit markets on Tuesday, with a mostly positive tilt for both stocks and bonds.
It's boom and bust in the hedge-fund world as both liquidations and new launches spike
The number of hedge-fund liquidations reached a two-year high in the first quarter, a period which also saw a boom in new launches.
Stock Market News Today, 7/15/26 – Futures Rise as Soft Inflation and Bank Earnings Lift Sentiment
U.S. stock futures moved higher ahead of Wednesday’s session as a cooler-than-expected inflation report boosted investor confidence. Meanwhile, the second-quarter earnings season got off to a strong s...
In charts: See how economists in the latest WSJ survey see growth, inflation and Fed independence
Here is how economists in the latest Wall Street Journal survey see growth, inflation and Federal Reserve independence.
Two Million Workers Are Locked Out of an Improving Job Market
The share of job seekers out of work for six months or longer is hovering near highest level in five years.
Trump walks back on Hormuz toll as U.S. reinstates Iran naval blockade
U.S. President Donald Trump walks back plans to charge a 20% toll on the value of goods passing through the Strait of Hormuz, saying the fee will be replaced by "trade and investment deals" made into ...
U.S. Futures Higher as Inflation Print Boosts Sentiment
U.S. stock futures were largely higher in early European trade, as positive market sentiment following lower-than-expected inflation data buoyed risk assets.
Stock Futures Climb on Soft Inflation Print, Bank Earnings Beat
U.S. stock futures rose ahead of Wednesday’s session after a softer-than-expected inflation report boosted investor sentiment. Meanwhile, the second-quarter earnings season got off to a strong start, ...
Time to Rethink Emerging Market Winners. Why a Broad Index Won't Cut It.
Sharp pros are giving fresh attention to Brazil, India, and parts of Africa. Focused China plays could work, too.
FOMO Is Driving Options Prices Higher. How to Use It to Your Advantage.
Many call buyers likely have no idea that the implied volatility of calls is so high that stocks must make huge moves for them to profit.
Iran-linked vessels pass through Hormuz ahead of US blockade
The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday, with most of them linked to Iranian trade, before a U.S. blockade took effect on Wednesday, shipping data showed.
Blockbuster Stock Sales Are Threatening to Overwhelm the Bull Market
The race of companies to issue shares reminds some analysts of later stages of prior rallies.
Asian Currencies Consolidate; May Be Buoyed by Reduced Fed Rate-Hike Expectations
Asian currencies consolidated against the dollar in early trade, but may be buoyed by reduced Fed rate-hike expectations.
Data Centers to Add Billions in Power Costs in 13 States
A power auction conducted by a giant grid operator is expected to add $6.3 billion in additional charges to consumers and businesses because of electricity needs of data centers.
JGBs Mixed; May Track Gains in U.S. Treasurys
JGBs were mixed in early Tokyo trade, but may track overnight price gains in U.S.
Review & Preview: Inflation Cools
The chance of a rate hike this month is low but the Iran war complicates long term expectations.
U.S. Stock Futures Hold Steady After Softer CPI Data
U.S. stock futures were flat on Tuesday evening after a strong trading session driven by softer June inflation data. Futures on the Nasdaq 100 ($NDX), the Dow Jones Industrial Average ($DJIA), and…
Jim Cramer says concerns about AI market froth are overblown. Here's why
CNBC's Jim Cramer said today's stock market is far less concerning than it was during the dot-com bubble, pointing to lower valuations, cooler inflation, and strong corporate earnings. He argued specu...
Stock Market Today: Nasdaq Looks to Build on Tuesday Rally
A hectic day in markets lifted stocks Tuesday, thanks to booming bank profits and an unexpectedly upbeat inflation report.
Larry Kudlow: Kevin Warsh understands this
FOX Business host Larry Kudlow discusses Federal Reserve chair Kevin Warsh's goals on 'Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #federalreserve #fed #econo...
Trump Shelves 20% Fee for Hormuz Cargo Shipments
President Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz, just one day after rolling out the fee, after US allies in the Gulf urged him t...
Strong Markets, Growing Complexity
In our view, the second quarter was defined by strong but uneven US equity performance. The S&P 500 delivered a solid rebound in April, posting its best monthly gain since November 2020 and moving to ...
Foreigners bought $132 billion of U.S. securities in May, Treasury says
Foreign investors bought a net $132 billion of U.S. securities in May, the Treasury Department said on Tuesday in its monthly Treasury International Capital report.
Wall Street has set a sky-high bar for companies to clear this earnings season. They just might pull it off.
Analysts have set a sky-high bar for second-quarter earnings. However, Piper Sandler thinks corporate America can still clear it.
Cooling Inflation, Surging Bank Earnings Power Stocks
IBM stock suffers its worst day on record.
Tuesday's Final Takeaways: Kevin Warsh Speaks as CPI Cools
Inflation and the Fed take Marley Kayden's attention to close Tuesday's trading session. She talks about her perspective on the state of the economy as the June CPI print shows some signs of inflation...
Spending on new factories, warehouses and other industrial sites has been damped by rising costs
Spending on new factories, warehouses and other industrial sites has been damped by rising costs.
Strong Bank Earnings, Cool Inflation Data Lift U.S. Stocks
U.S. stocks rose as blockbuster bank earnings and a cooler-than-expected inflation report boosted sentiment, while a profit warning from IBM weighed on the Dow Industrials and dragged software stocks ...
Stock Market Today: SPY, QQQ Rally on Optimistic Inflation Data as Trump Backtracks on 20% Hormuz Fee
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher on Tuesday as investors assessed cooler-than-expected inflation data and a Strait of Hormuz update from President…
Dow edges higher as Nasdaq rallies on cooler CPI, chip stocks rebound
The US stocks advanced on Tuesday after a softer-than-expected US inflation report boosted investor sentiment and fueled hopes that the Federal Reserve may keep interest rates unchanged at its upcomin...
S&P 500 Top Stock Gainers Today, 7/14/26
The S&P 500 (SPX) finished higher on Tuesday, with tech stocks powering the rally. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Information technology was the top...
U.S. strikes Iran before Hormuz Strait blockade restarts
U.S. forces launched strikes against Iranian targets shortly before the U.S. resumed its naval blockade of Iranian ports in and around the Strait of Hormuz.
Iran Is Attacking a Crucial Oil-Market Lifeline: Shuttle Runs
The back-and-forth voyages have been instrumental because only a small number of shipowners were willing to risk sending their tankers through Hormuz
Trump Says US Will Be Doing A Lot of Deals With Iraq
President Donald Trump says the US and Iraq will be doing a lot of deals. “We're going to create a lot of jobs for both countries, and we're going to be taking out a lot of oil.
This overlooked index is a better investment than the S&P 500
We did the math over a 30-year period, and it's not even close.
Wasserman: "No Relief in Sight" for Consumers, Fed Faces Political Tightrope
A cooldown in CPI can't offset pressures from ongoing tensions between the U.S. and Iran, argues Max Wasserman, who sees persistent headwinds hitting American consumers. "There's no relief in sight," ...
New York becomes first U.S. state to impose AI data center ban
New York State Governor Kathy Hochul on Tuesday signed an executive order barring the construction of new "hyperscaler" data centers using 50 megawatts or more of power for up to one year. It is the f...