AI Takeover Complete: Data Center Construction Surpasses Office Construction For The First Time

Americans' Real Wages Are Shrinking As CPI Tops 4% For First Time In 3 Years With expectations of a 4%-plus print, all eyes are on this morning's CPI report as we move past April's shutdown-related distortions. Headline CPI rose 0.5% MoM (as expected) in May, lifting prices 4.2% YoY (also as expected). The first 4%-plus print since April 2023... Core Goods prices deflated in May while Energy remains a notable contributor... CPI details: Headline: The all items index rose 4.2 percent for the 12 months ending May, after rising 3.8 percent for the 12 months...

The Maine Democratic Senate Debate To Replace Platner Was - Quite Something The field of eight candidates was split into two groups of four, running the top-tier candidates first and dishing the rest out for a second round. By the time it wrapped, these eight took turns explaining why they, specifically, are the ones who can finally unseat an incumbent who has outlasted six presidential administrations, and ended up making Graham Platner look pretty good in the process. Maine Secretary of State Shenna Bellows participated in the first segment. She previously...

Israeli Finance Minister Bezalel Smotrich on Tuesday ordered the destruction of a Palestinian Bedouin village in the Israeli-occupied West Bank, a move that he said was a response to the International Criminal Court (ICC) seeking an arrest warrant for him. Middle East Eye first reported on Monday that the office of the prosecutor at the […]