Are data centers the next constraint on affordable housing supply?
By Rita Nazareth (Bloomberg) — An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve interest-rate increases despite elevated oil prices. The data brought relief to Wall Street traders worried about ongoing geopolitical risks, with the S&P 500 poised to extend this month’s advance. A rally in technology…
The 8th Pay Commission begins its two-day stakeholder consultations in Kolkata today. These meetings and consultations will run for two days and conclude on 10 July. It is a crucial step in the government’s push to collect feedback, ideas and views before making a final decision on recommendations regarding salaries, allowances, and pensions for serving…
Osaic has hired Sayee Bellamkonda as its new chief artificial intelligence and technology officer. He joins from Vialto Partners, a global provider of tax and mobility solutions, where he was executive vice president and chief digital and technology officer, and will report directly to CEO Jamie Price. He replaces Ed Obuchowski, who served as chief…
This morning is offering another installment of hope for some form of progress in Iran. In today’s case, it was Bessent floating the notion of possible Hormuz deal as early as this week. Markets will believe it when they see it, of course, but they’re certainly willing to trade the hope. After moving modestly higher…
Key Points When you’re in your 40s, you may not be so interested in Social Security, since you won’t be able to collect those benefits for another couple of decades. However, the moves you make (or don’t make) in your 40s could actually help determine how much Social Security you collect once you’re ready to…
An equipment outage on Monday delayed hundreds of flights bound for Newark, New Jersey, and Philadelphia and forced close to 70 planes to divert to other airports. As of 1 p.m. ET, the disruptions had spread to New York City, where flights into LaGuardia Airport and John F. Kennedy International Airport were also halted by…