California has the fifth-largest economy in the world, and in the U.S., the Golden State is number one in imports with the second-highest ranking when it comes to exports.
Economists warn that tariffs hurt American businesses and consumers, many of whom are still reeling from the sharp rise in inflation in recent years. Tariffs are paid by US importers, not the ...
Analysts from McKinsey & Co. say data center capacity could rise 19% to 22% annually from 2023 to 2030, with 70% of the demand coming from data centers equipped to host advanced-AI workloads.
Stocks on Wall Street tumbled, before recouping some losses. The dollar fell against a basket of currencies, but remains supported by tariff moves. U.S. Treasury yields dropped as investors sought a ...