Data Centers Are America’s $10 Trillion Bet, Report Finds

Long aisle of server racks with glowing blue lights in a massive modern data center, symbol of data center investment

A new report describes the American data center investment wave as the largest financial bet in the history of the United States, projecting $10 trillion in investment that could carry an impact of nearly 4% of the nation’s gross domestic product. The analysis comes from Columbia Business School professor Stijn Van Nieuwerburgh, who compared the … Read more

Trump Approval Rating Hits Record Low at 33% in New Poll

Voters line up outside a suburban polling station with US flags as the Trump approval rating hits a record low

President Donald Trump’s standing with American voters has sunk to a record low, according to a new Washington Post-ABC News-Ipsos poll released October 18. The survey puts the Trump approval rating at just 33% among U.S. adults, with 66% saying they disapprove of his job performance, according to USA Today. That marks the worst showing … Read more

Trump Cost-of-Living Approval Sinks to Record Low 17%

Worried American shopper looking at rising grocery prices as Trump cost-of-living approval sinks to 17 percent in new poll

WASHINGTON — Just weeks before voters decide control of Congress, Americans are delivering a brutal verdict on the president’s stewardship of their wallets. A new Trump cost of living approval rating from the Associated Press-NORC Center for Public Affairs Research shows only 17% of U.S. adults approve of how President Donald Trump is handling the … Read more

September Jobs Beat: 90K Added — What It Means for Rates

September jobs report: 90,000 private jobs added, beating forecasts amid Fed rate speculation

The September jobs report came in hotter than expected. U.S. private employers added 90,000 jobs in September, according to ADP, easily beating the 70,000 forecast and more than doubling August’s revised gain of 36,000. The upside surprise signals the labor market still has some fight left — and it arrives on a morning packed with … Read more