Key Events This Week: CPI, PPI, Retail Sales, Warsh Testifies, China Data, And Earnings Galore

Former Federal Reserve Chairman Alan Greenspan passed away last week at the age of 100. Greenspan chaired the Fed from 1987 through 2006. Despite being a lifelong Republican, Greenspan refused to lower interest rates, though doing so may have helped George H.W. Bush’s 1992 reelection campaign. However, he did tailor monetary policy to support President […]

Microsoft Triples-Down On Data Centers, As Half Of Planned Projects Face Cancelations, Delays Microsoft unveiled plans to triple its data center footprint in Cheyenne, Wyoming, snapping up roughly 3,200 acres on the city's south edge.  The deal covers a 200-acre parcel in Bison Business Park plus an adjacent 3,000-acre tract, turning what is already one of the company's longstanding hubs into a sprawling complex.  With 11 data centers operational and three more under construction across four campuses, the tech giant is betting big on the Cowboy State's energy resources and workforce.  A company...

Critical Shortage Of Jet Fuel: EU Airlines Have Just 6 Weeks Supply Left Via Remix News, The European market is facing a critical shortage of kerosene, with only six weeks of supply remaining, and the war in Iran is threatening the continent with a major aviation crisis. Since the war broke out, jet fuel prices have jumped 70 percent, threatening the financial health of European airlines. The International Energy Agency (IEA) has warned that this scarcity may soon lead to widespread flight cancellations across Europe. To combat the dwindling supply, the EU is reportedly...