Data & financial journalist covering global economics and policy
Northern Virginia and Texas have emerged as the core hubs of America’s data center boom. As demand for artificial intelligence and cloud services accelerates, data centers are becoming critical infrastructure — and a major new source of energy demand.
The August inflation data overlaps with President Trump’s latest round of tariffs on major U.S. trading partners. But while the direct impact is up for debate, beef’s surge suggests tariffs may already be filtering into consumer prices.
In Japan, the only Asian economy in G7, core inflation rose at its fastest annual pace in over two years, climbing to 3.5% in April, according to data released Friday. I mapped the inflation (with some caveats) to look at the overall inflation trend in G7 economies.
Canada hits back with tariffs as Trump moves forward with 25% tariff on two of its largest trading partners-Canada and Mexico.