Barron's

Inflation Report: Core Index Decelerates for the First Since April

The Bureau of Economic Analysis released its personal consumption expenditures price index data for September earlier today. Here is the report, at a glance: Core YoY: 2.8% increase, in line with ...
Axios

Fed leaves rates steady in Warsh's first meeting

Federal Reserve chairman Kevin Warsh on Wednesday during his first news conference since taking the helm at the central bank. Photo: Chip Somodevilla/Getty Images ...
Forbes

Startup Raises $27 Million To Solve Two Massive Data Center Problems

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Data centers are one of the most controversial new builds today. They're also constrained by ...
24/7 Wall St

The $1.5 Million 401(k) Tax Trap: How Bracket Smoothing Saves Retirees From 40% Effective Rates

Retirees with large traditional 401(k)s can face effective marginal rates near 40% when RMDs, Social Security taxation, and Medicare IRMAA surcharges stack simultaneously at age 73. Married couples ...
PolitiFact

How much have data centers increased electricity prices?

Data center demand, both current and anticipated, has driven up operating costs for utility companies. That cost has been passed on to consumers, especially in areas with high data center activity. ...
Forbes

The Fed's Independence Problem: What It Means For Rates, Inflation, And Market Confidence

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Mayor of Boston, Kevin White, points to a chart showing inflation costs, Boston, ...
CNBC

Consumer prices rose 4.2% annually in May, highest in three years

The consumer price index rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, both in line with expectations. The core CPI accelerated 0.2% for the month and ...
Reuters

Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data

June 8 (Reuters) - Goldman Sachs expects the U.S. Federal Reserve to keep rates unchanged through 2026 and delay rate cuts until 2027, it said on Friday, citing stronger economic activity and job ...
Entrepreneur

Kevin O’Leary Said Demands to Shrink His Utah Data Center Were ‘Outrageous.’ Now He’s Admitting He ‘Screwed Up.’

After facing fierce public opposition over environmental concerns, O’Leary agreed to cut the project’s developed land by 75%.
Wall Street Journal

Week Ahead for FX, Bonds: U.S. Inflation Data Due, ECB Likely to Raise Rates

U.S. inflation data in the coming week will be closely watched as investors gauge how likely it is that the Federal Reserve will raise interest rates this year. In Europe, focus will be on a European ...
Psychology Today

The Simple But Effective Way to Solve Problems Better

When you're wrestling with a tough decision or you're trying to solve a hard problem, you might assume you just need to think harder. But concentrating harder won't force a 'eureka moment' when you're ...