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Wall Street’s AI selloff follows election victories for candidates promising to restrict data centers. As investors question the economic stakes, the Trump administration is exploring building facilities on federal land to address growing opposition.
Democrats swept races in the House of Representatives and Senate during Tuesday’s midterm election. Democrats will control Congress next term and hold a majority in governorships.
An artificial intelligence bot associated with Anthropic accessed voter data through Georgia’s data hub, according to the Georgia Secretary of State’s office.
BoC Deputy Governor Gravelle says Canadian financial institutions should not worry about using standard liquidity facility for overnight liquidity
Fed’s Musalem (2028 voter) says the economy is very strong now, but predicated on continued growth; right now AI capex boom is resulting in demand pressure, with productivity and supply relief not yet apparent
Artificial intelligence and the massive data centers needed to power it are becoming an increasingly contentious political issue, with candidates from both parties confronting voter concerns over electricity costs, water consumption and land use as the midterm elections approach.