The president and his top aides have been especially bullish about data centers, despite national blowback against the facilities.
Category: United States Economy
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Trump Shrugs Off A.I. and Data Center Concerns as Voters Grow Anxious
The New York Times – Business: -
Mike DeWine: Only Trump Can Pull Off Immigration Reform
The New York Times – On the Runway:It could be his Nixon-goes-to-China.
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Labor Market Shifts Into Reverse as Employers Balk at Hiring
The New York Times – Business:A spring surge rapidly faded as the summer brought higher prices and more uncertainty for businesses, even as they avoided layoffs.
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Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise
The New York Times – Business:Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.
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Bessent Declares Widening Gap Between Rich and Poor ‘Dead’
The New York Times – Business:Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
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Warsh Wanted ‘Regime Change.’ Markets Are Demanding a Reset.
The New York Times – Business:After his latest appearance set off a bout of volatility, Kevin M. Warsh, the chairman of the Federal Reserve, is under pressure to clear up mixed signals about his commitment to getting inflation down.
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A Currency Trader at Heart, Bessent Bets on Japan’s Yen
The New York Times – Business:Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
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Why State Ownership of A.I. Is a Bad Idea
The New York Times – On the Runway:Taking stakes in A.I. companies would not increase the government’s powers to control those companies. The opposite is more likely.
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Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady
The New York Times – Business:Internal divisions over whether to raise interest rates intensified at Kevin Warsh’s second meeting as chairman of the Federal Reserve.
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Bond Investors’ Inflation Angst Rises on Fed’s Lack of Guidance
The New York Times – Business:The yield on government bonds, which underpins borrowing costs from mortgages to business loans, remained elevated over concerns about the Federal Reserve’s efforts to contain inflation.
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A key inflation measure eased in June during a pause in the war with Iran.
The New York Times – Business:Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.
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Fed’s Preferred Inflation Gauge Eased During Pause in Iran War
The New York Times – Business:Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.