The A.I. Spending Frenzy Is Propping Up the Real Economy, Too
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
Ms. Cook said that she would not resign from the Board of Governors, hours after President Trump announced he was firing her.
Leaders in Britain and the European Union are promoting the promise of economic benefits from increased military spending, but there is a trade-off.
The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve’s Board of Governors, has huge implications for a keystone of good economic policy: central bank independence.
Balate.Dorin/ShutterstockNews stories in recent months have claimed that more than 16,500 millionaires are expected to leave the UK in 2025 due to the country’s increasing tax burden.
TSViPhoto/ShutterstockThe price of gold reached a historic high in April and remains close to that value. Conventional investing wisdom puts gold as a “safe-haven” asset – one that investors move towards in times of crises as they desert higher-risk assets such as stocks.
During the 2000s and 2010s, Topshop was a fashion powerhouse – an icon of the British high street. A combination of music, make-up and the latest fashions allowed the retailer to thrive in popularity. And high profile celebrity collaborations with model Kate Moss and singer Beyoncé also raised Topshop’s profile in a crowded retail market.
The tariffs would hamper a clean energy industry that the president has often railed against.
Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products.
The agenda-setting centrepiece of every Edinburgh TV Festival is the MacTaggart lecture, celebrating its 50th anniversary in 2025. This year’s lecture was delivered by former BBC news director James Harding, and billed as a speech that would examine challenges to truth and trust in the media.