Pittsburgh’s Plow Problem

As we continue to celebrate the centennial of the birth of Murray Rothbard, Wanjiru Njoya reminds us that he never compromised his principles and stood for liberty throughout his all-too-brief life.

Three Key Constraints That Could Derail The Data Center Buildout Story The data center investment macro story centers on hyperscalers such as Microsoft, Alphabet, Meta, and Amazon Web Services, whose massive cloud computing services are becoming the backbone for AI workloads, including ChatGPT and others. However, as we've previously noted, the data center buildout has run into supply-chain snarls, including memory chip shortages, power-grid constraints, and even a shortage of turbine blades for natural-gas generators. The data center boom powering the AI revolution is certaintly impressive to watch unfold, but it...

"Negotiations Underway": Cuban President Acknowledges U.S. Talks Amid Fuel Supply Crisis Cuban President Miguel Díaz-Canel stated on state television that his government has entered talks with the Trump administration, aimed at "finding solutions through dialogue" to longstanding bilateral differences between the two neighboring countries. This admission comes as the Caribbean island faces crude oil and diesel stockpiles running dry by the end of the month, after Trump's multi-month crude shipment blockade sharply tightened pressure on the communist regime in Havana. In a speech broadcast on Cuban state TV, Díaz-Canel said...