A 49.5 megawatt three-level data center under construction in Vernon, California, July 8, 2026. A surge in demand for artificial intelligence infrastructure is fueling a boom in data centers across the country. Mario Tama | Getty Images News | Getty Images Policies from President Donald Trump‘s administration are helping keep bond yields higher despite the…
New York Federal Reserve President John Williams said Wednesday that the recent surge in Treasury yields is the product of a strong economy, not market dysfunction. The central bank policymaker added in a CNBC interview that he’s still absorbing economic data, and did not commit on whether he thinks an interest rate hike is necessary….
WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady but not without opposition from three officials who have expressed concern over inflation and wanted to hike. Despite increasing support among some officials for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate…
