As the use of AI grows, a 2024 Department of Energy study found that U.S. data centers could swallow up to 12% of all U.S. electricity use by 2028, approximately triple today's share. Read more
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Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus. Read more
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