Inflation in the German state of North Rhine-Westphalia rose to 5.9% on the year in August, up from 5.8% in July, indicating German inflation may unexpectedly rise.
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Futures edge higher as focus shifts to inflation, jobs dataStocks ended a volatile session higher on Friday after Fed Chair Jerome Powell at the Jackson Hole meet said the U.S. central bank may need to raise interest rates further to ensure inflation is contained. The personal consumption expenditures price index, the Fed's preferred inflation gauge, is set to be released on Thursday and the non-farm pay rolls data is due on Friday. 'While our base case is that the Fed has already reached the end of its tightening cycle, views on the Fed could continue to shift in response to data over coming weeks,' Mark Haefele, chief investment officer at UBS Global Wealth Management, said.
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Futures edge higher as focus shifts to inflation, jobs data(Reuters) - U.S. stock index futures edged higher on Monday, with investor focus on key inflation data and employment readings that are due later this ...
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Futures rise as focus shifts to inflation, jobs dataKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
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Stocks open higher as inflation, jobs data looms: Stock market news todayStock futures were higher early Monday as markets continue to digest Powell's key speech from last week.
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Bitcoin price chops around $26k as investors await key inflation and jobs dataSideways price action continued for the cryptocurrency market on Monday as investors await key inflation and jobs data arriving on Thursday and Friday.
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AI data centers use a lot of electricity & water: Can supply keep up?The rising popularity of AI means there will need to be more data centers. But those data centers require a lot of electricity to run and water to keep cool. Will supply be able to keep up with demand? PuckNews Founding Partner William D. Cohan joins Yahoo Finance Live to discuss the supply issues that may impact AI's growth. 'Many of these data centers, of course, are related to companies like Google (GOOG, GOOGL) and Meta (META) and Microsoft (MSFT)' and 'data centers require huge amounts of electricity,' Cohan notes. 'It's not only electricity, it's also water. These data centers use a tremendous amount of water. I think Google said in 2022, it used 5.2 billion gallons of water to cool its data centers. So the combination of huge electrical needs and huge water cooling needs is... growing an acute situation,' Cohan says.
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