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Americans’ AI hate wave might just be gathering steam: Data centers could hike power costs in some states over 50% by 2030
By the end of the decade, the national average wholesale electricity cost could rise between 6% and 29%, according to the study, which modeled several different energy use scenarios based on existing power demand forecasts. This increase in utility prices is primarily tied to data center expansion, with cryptocurrency mining also included in the modeling of higher costs. To meet that…
The 30-year yield hasn’t been this high since the Great Recession. Do the bond vigilantes ride again?
Back in 1993, the great Democratic strategist James Carville—famous for his quip, “It’s the economy, stupid”—told the Wall Street Journal that he used to think that if reincarnation existed, he wanted to come back as the president, the pope, or a .400 baseball hitter.Indeed, in the late spring of 2026, bond investors seem to be throwing an early 1990s-style fit…
Indeed chief economist says the sectors most exposed to AI are seeing a big growth in job demand
Leaders and researchers have predicted that a whole slew of industries will be radically upended by AI, from financial services to computer programming. But just because these human jobs will be changed, doesn’t mean they’ll be wiped from company headcounts. In fact, Indeed’s chief economist, Svenja Gudell, believes those who are most exposed could stand to benefit from tech disruption.“The…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
South Korea Maintains Interest Rates, Cautions Against Early Rate Cuts
South Korea's central bank, in line with its counterparts in the U.S. and Australia, sought to temper expectations of aggressive rate cuts on Thursday, opting to keep interest rates unchanged…
