Tag Archives: data

What Will Data Centers Do To Your Electric Bill? – Energy Institute Blog

What Will Data Centers Do To Your Electric Bill? – Energy Institute Blog

The threat of increased rates is real, but good policy can bring lower prices as demand grows. Electricity has recently replaced eggs, beef, and gasoline as the inflation concern du jour. Reporters looking for a new angle on rising prices have grabbed onto recent BLS data of escalating electricity rates. More complete data from the Energy Information Administration indicate that, …

Read More »

How AI Data Centers Are Sending Your Power Bill Soaring

How AI Data Centers Are Sending Your Power Bill Soaring

Wholesale electricity costs as much as 267% more than it did five years ago in areas near data centers. That’s being passed on to customers. “We can’t figure out why it has increased so much.” Kevin Stanley, of Broadway East, Baltimore “No way I could continue to pay that kind of bill.” Nicole Pastore, of Guilford, Baltimore “It’s killing my …

Read More »

US government shutdown would halt September jobs report, other data – Reuters

US government shutdown would halt September jobs report, other data  Reuters Jim Cramer explains why he thinks a government shutdown won’t have a big impact on the market  CNBC Stock market today: Dow, S&P 500, Nasdaq futures trade flat as deadline looms to prevent government shutdown  Yahoo Finance Reality check on shutdown economics  Axios Wall Street left in the dark on US data if …

Read More »

Ford CEO Jim Farley: Blue-collar labor shortages are hampering AI data center expansion, reshoring plans

Ford CEO Jim Farley: Blue-collar labor shortages are hampering AI data center expansion, reshoring plans

The United States can’t actualize its moonshot AI goals if it’s lacking key workers to bolster the infrastructure to build the technology, according to Ford CEO Jim Farley. With AI predicted to balloon to a $4.8 trillion market by 2033, Farley warned the U.S. has overlooked the labor needed to build and sustain data centers and manufacturing facilities. While President …

Read More »

Bond Traders Say Rally Hinges on Jobs Data at Risk From Shutdown – Bloomberg.com

Bond Traders Say Rally Hinges on Jobs Data at Risk From Shutdown  Bloomberg.com Shutdown looms as September jobs data, third quarter finale await investors: What to watch this week  Yahoo Finance Government Shutdown, Jobs Report, Nike, Carnival, Paychex, and More Stocks to Watch This Week  Barron’s What To Expect in Markets This Week: September Jobs Report, Fed Speakers, Earnings From Nike, Carnival  Investopedia Wall …

Read More »

OpenAI’s New Data Centers Will Draw More Power Than the Entirety of New York City, Sam Altman Says

OpenAI’s New Data Centers Will Draw More Power Than the Entirety of New York City, Sam Altman Says

Earlier this week, OpenAI announced a “strategic partnership” with AI chipmaker Nvidia in which the duo of tech giants will build and deploy upwards of 10 gigawatts of AI data centers. Nvidia will invest up to $100 billion in the project, an enormous project that could end up requiring an astronomical amount of electricity to run. As Fortune reports, the …

Read More »

Consumer Reports Data Shows This Is The Worst Homeowners Insurance Company To Avoid

Consumer Reports Data Shows This Is The Worst Homeowners Insurance Company To Avoid

Inside Creative House/Getty Images From unexpected roof damage after a bad storm to sudden plumbing disasters, having the right homeowner’s insurance coverage can be the difference between a manageable repair and a financial nightmare. Choosing the wrong insurance company can leave you with confusing policies, slow payouts, denied claims, and endless frustration …

Read More »

Harrods says customers’ data stolen in IT breach

Harrods says customers’ data stolen in IT breach

Luxury department store Harrods has warned customers their personal data may have been taken in an IT systems breach. It said information like names and contact details of some online customers was taken from the systems of a third-party provider. Harrods described the breach in an email sent to customers on Friday evening as an “isolated incident”, and that no …

Read More »

Fed officials and data keep signaling Wall Street won’t get continued cuts

Fed officials and data keep signaling Wall Street won’t get continued cuts

U.S. economic data keeps coming back stronger than expected, and frankly it’s raining on the parade for markets. For the majority of 2025, investors have been hankering after multiple base interest rate cuts from Jerome Powell and the Federal Open Market Committee (FOMC), knowing it would kick-start cheaper borrowing and foster economic activity. The general consensus was that once the …

Read More »

U.S. Stock Futures Slip as Market Awaits Key Inflation Data

U.S. Stock Futures Slip as Market Awaits Key Inflation Data

U.S. stock futures were trading near the flatline Thursday evening as investors looked ahead to August’s Personal Consumption Expenditures (PCE) price index report. The PCE is the Fed’s preferred measure of inflation, and economists expect the data to show an uptick. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.18%, 0.01%, and 0.06%, respectively, …

Read More »