The AI boom is pushing long-term bond yields higher in ways that go beyond a wave of corporate borrowing. While inflation and fiscal deficits remain the biggest drivers of higher long-dated yields, AI accounts for about one-fifth of the recent rise, according to strategists at ING in a Thursday note. Much of the discussion around
On hot afternoons, when demand for power peaks, solar is now regularly supplying around a third of the electricity used across Texas, says Mark Stover, executive director of the Texas Solar and Storage Association. He says that the solar boom is being driven by two main things. Firstly, it is cheap and quick to connect
Crusoe, a Denver-based AI data center startup that recently raised $3.9 billion, has ended plans to use a new line of stationary power plants developed by fellow Denver company Boom Supersonic. Founded in 2018 as a bitcoin miner that ran on excess natural gas from oil fields, Crusoe has since become one of the biggest
The most important number in the economy has hit its highest level since 2007, and Wall Street can’t decide if this is good or bad. That number is the 10-year Treasury yield, the interest rate that the U.S. government pays to borrow money for a decade and on which almost every other loan in the
One of the hottest topics at this year’s Creative Investors’ Conference at the San Sebastián Film Festival is the likelihood and the effects of a U.S. federal tax credit for film production. Speaking at a panel titled “Europe’s Current Challenges and Opportunities,” Lorenzo de Maio of De Maio Entertainment said he doesn’t believe the measure
Arid shrublands in Western Australia were bursting with life in late austral winter 2026, when a profusion of wildflowers brought vivid colors to the rusty ochre landscape. After several wetter-than-normal months earlier in the year, dormant seeds in the soil awoke to produce carpets of blooms. Local experts think the display could be the best
