data

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

“_Microsoft expects to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post. Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote._” https://www.cnbc.com/2025/01/03/microsoft-expects-to-spend-80-billion-on-ai-data-centers-in-fy-2025.html

Economic data keeps surprising to the downside!! 10 million Americans delinquent on student loans face credit score declines January 1.

Economic data keeps surprising to the downside!! Citi Surprise Index 👇 pic.twitter.com/DPdKUV0ji2 — James E. Thorne (@DrJStrategy) December 29, 2024 They are currently 10 million Americans who are delinquent on their student loans. On January 1, they are going to start seeing their credit scores deteriorate. Not a good outcome for consumer credit growth! pic.twitter.com/IjOZy4tos1 …

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Peter Schiff: Inflation pressures gold, but Fed cuts and QE will drive it higher. Tavi Costa: Agricultural commodities surged; inflation battle continues.

Today's hotter-than-expected #inflation data, following similar news yesterday, is putting more downward pressure on #gold. But gold will soar when investors realize the Fed will keep cutting rates despite inflation, and return to QE, sending both inflation and gold much higher. — Peter Schiff (@PeterSchiff) December 13, 2024 Agricultural commodities have surged nearly 30% year-over-year, …

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Musk’s DOGE Dept. Start Downsizing Government: 14,000 Federal Employees Accessed Americans Financial Data to Target Trump Supporters

Elon Musk’s DOGE Dept. to Start Downsizing Government: 14,000 Federal Employees Accessed Americans’ Private Financial Data Over 3 Mill Times to Target Trump Supporters A new report by the House Judiciary Committee exposed how more than 14,000 federal employees accesses the private financial data for Americans over 3,000,000 times. The Committee and Select Subcommittee launched …

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Feds using banks to surveil Americans’ financial data without warrants, House Judiciary says

Federal law enforcement has been manipulating the Suspicious Activity Report (SAR) system to gain access to Americans’ financial information without warrants or probable cause , the House Judiciary Committee said Friday. The panel and its Subcommittee on the Weaponization of the Federal Government released its interim report, first obtained by Fox News Digital, which details …

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Chinese data centers told to stick to Nvidia chips, domestic chips not compatible

China is trying to establish a domestic GPU market The idea is to steer away from reliance on sanctioned Nvidia GPUs However compatibility and cost is causing significant issues US export restrictions have targeted China’s access to advanced chips, fearing that cutting-edge technology could bolster China’s military capabilities. These sanctions have forced the nation to …

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Your private call and text data was just stolen by China because it hacked US government’s illegal surveillance tool that spies on us all

by Ethan Huff The political establishment is in an uproar over a recent telecommunications industry security breach that was supposedly caused by a hacking group tied to the Chinese Communist Party (CCP). Sen. Mark R. Warner (D-Va.), chair of the Senate Intelligence Committee, claims a hacking group called “Salt Typhoon” is responsible for unleashing the “worst telecom …

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36% of homeowners feel trapped; rising to 50% for under-50 buyers. No sign of a soft landing in the real estate data. Its getting feel like 2007

These buyers made a huge financial mistake and eventually they face a choice: Either suck it up and keep paying the mortgage for 30 years, get foreclosed on, or just decide to walk away from the house. People bought houses they couldn’t afford. This is how we got here. https://t.co/7xxM0rEPPp — QE Infinity (@StealthQE4) November …

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State unemployment data, more nuanced than national, triggers Mel Rule, signaling recession likelihood.

The Mel Rule, which is based on state-level data, has been triggered, indicating a potential recession. This rule is similar to the Sahm Rule, but it focuses on state-specific unemployment rates. When state-level unemployment rates rise by 0.5 percentage point or more over a three-month period, it signals a likely recession. The idea behind this approach is …

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San Francisco Fed warns of possible unemployment spike amid cooling labor data.

Federal Reserve Bank of San Francisco President Mary Daly has indeed warned that the U.S. labor market is approaching an inflection point. She emphasized that further slowing in the labor market could lead to higher unemployment. While the labor market has adjusted slowly so far, Daly cautioned that we are getting closer to a point where this benign outcome may …

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US cities adopting Chinese-style traffic cameras: Facial recognition, genetic data, and instant fines—are social credit scores next?

Major US cities are incorporating cameras into streetlights and traffic lights, reminiscent of China’s surveillance system. In China, these cameras are used to enforce strict regulations like jaywalking, capturing detailed data including genetic information and photographs. Offenders face immediate fines deducted from their bank accounts and may suffer social consequences such as restricted access to …

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Rising fast food prices, dubious CPI data, housing affordability crisis push citizens to breaking point.

Fast food menu prices purportedly outpace inflation since 2014, but skepticism arises due to perceived inaccuracies in CPI data manipulation. Affordability strains are evident, with a significant portion of Americans sacrificing meals, vacations, and medical treatments to meet housing costs. Homeownership increasingly becomes a luxury amid re-accelerating inflation and the likelihood of interest rate hikes. …

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Japan’s yen intervention strategy faces test amid US data. Gold up 145% in yen in 5 years.

Japan’s Yen Intervention Strategy Faces Test From US Data "Kanda’s former boss at the finance ministry, Tatsuo Yamasaki, said this week that Japan is ready to step in as soon as the yen falls beyond its current range"https://t.co/KFAwYm6xAU pic.twitter.com/eYGukkLe2P — Global Markets Investor (@GlobalMktObserv) April 5, 2024 Mr. 151.75 $JPY is warming up again…. https://t.co/nzSMHPc2H5 …

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The Household Survey, indicating weaker job data, may reflect the economic cycle’s downturn; Initial jobless claims at 14-month high.

Ahead of tomorrow’s jobs data, this is critical knowledge to have. The Household Survey, which produces the unemployment rate and has been appreciably weaker than the Establishment Survey, which generates nonfarm payrolls, because it’s PROCYLICAL, it’s picking up the cycle’s end. https://t.co/kE2FRuOw8p — Danielle DiMartino Booth (@DiMartinoBooth) April 4, 2024 ⚠️ Initial claims for state …

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Karl Denninger: “No Sir, There Are No Rate Cuts — The market’s reaction to the Fed Rate decision is utterly insane. There’s no evidence for this in the Fed Statement or data.

View post on imgur.com by Karl Denninger 2024-03-21 07:00 No Sir, There Are No Rate Cuts The market’s reaction to the Fed Rate decision is utterly insane. Obviously the market thinks rate cuts are imminent. There’s no evidence for this in the Fed Statement or data. Specifically, the Fed strengthened its language on the job …

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Markets brace for tomorrow’s 8:30 am EST inflation data; shorts covering; gold rising streak.

Big day for the markets tomorrow Inflation numbers come out at 8:30am EST Previous reading = 3.1% Predicted reading = 3.1% pic.twitter.com/ppUYbp9G8D — Bravos Research (@bravosresearch) March 11, 2024 Shorts are covering ahead of CPI tomorrow. However, CPI last month was the heaviest selling down day of 2024. pic.twitter.com/dly12gIaag — Mac10 (@SuburbanDrone) March 11, 2024 …

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Feds conducted ‘broad’ and ‘unjustified’ surveillance of Americans’ private financial data: House Judiciary

FIRST ON FOX: A new report from the House Judiciary Committee and its Weaponization Subcommittee revealed that the federal government conducted “broad” and “unjustified” surveillance of Americans’ private financial data through financial institutions, while suggesting banks use information from anti-conservative organizations’ lists of “hate symbols” to determine potential persons of interest. Fox News Digital first …

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Discrepancies in job reports raise doubt. Peter Schiff questions credibility, Govt. vs. private sector data.

“Yesterday Challenger reported 82.3K layoffs in Jan., the worst January since 2009, excluding 2023. Wed. ADP reported just 107K #jobs created in Jan. Today the Govt. reported 353K jobs created in Jan,. smashing expectations of 170K. Do you believe the Govt. or the private sector?” Challenger Job cuts in January were still slowing on a …

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Something Worse Than 2008 Has Already Started (Bank Crisis Data)

Report: During Spring Banking Crisis, Banks Borrowed Over $1 Trillion from Federal Home Loan Banks — $100 Billion More than During the Crash of 2008 By Pam Martens and Russ Martens: November 8, 2023 ~ Yesterday, the regulator of the Federal Home Loan Bank system, the Federal Housing Finance Agency (FHFA), released a report on its recommended changes …

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THANKS, BUT NO: X Plans to Collect Biometric Data, Job and School History.

via yahoo: “Based on your consent, we may collect and use your biometric information for safety, security, and identification purposes,” the company said in its new policy. X doesn’t define what it considers biometric, though other companies have used the term to describe data gleaned from a person’s face, eyes and fingerprints. A representative of …

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