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16.12.25 - 20:24
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Democrats Continue Blaming Data Centers For Power Bill Crisis, Ignore Biden-Era Inflation Spike By Green Policies (ZeroHedge)
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Democrats Continue Blaming Data Centers For Power Bill Crisis, Ignore Biden-Era Inflation Spike By Green Policies
The clash of narratives is well underway, with Democrats blaming data centers and Republicans blaming "delusional climate cultist ideology" for a power-bill inflation crisis that is crippling working-poor families and increasingly stressing middle-income and even some higher-income households.
On Tuesday, left-wing Senators Elizabeth Warren of Massachusetts, Chris Van Hollen of Maryland, and Richard Blumenthal of Connecticut sent a letter to Google, Microsoft, Amazon, Meta, and three other companies, seeking answers on whether the explosive growth of AI data centers is driving up electricity bills for households and small businesses.
"We write in light of alarming reports that tech companies are passing on the costs of building and operating their data centers to ordinary Americans, as A.I. data centers' energy usage has caused residential electricity bills to skyro...
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16.12.25 - 15:36
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Tariff Related Inflation Is Key Unknown, Rosenberg Says (Bloomberg)
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BlackRock Portfolio Manager of the Systemic Multi-Strategy Fund Jeff Rosenberg talks about the impact of the November US employment report on inflation and fixed income. He speaks on "Bloomberg Surveillance." He says tariff related inflation is a key unknown for markets and the Federal Reserve. (Source: Bloomberg)...
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