Economy

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The California state capitol dome beside a data-center server rack silhouette, dusk

Economy

California Lawmakers Strike a Data-Center Power Deal With a Carve-Out for Utilities

The LA Times calls it consumer protection winning; buried in the deal is a clause letting a utility cut its own side agreement with a data center before state rules exist.

By Samuel Crane, Washington August 29 8 min read

The Federal Reserve building facade with a stock ticker display showing rate-odds percentages

Economy

Warsh's Hawkish Jackson Hole Turn Leaves Him a No-Win Choice on Rates

The New York Times frames this as a Fed-independence story; X is already pricing it, with rate-hike odds jumping from 35 to nearly 60 percent within the hour.

By Samuel Crane, Washington August 29 5 min read