Economic Clouds
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Amazon to Invest $9 Billion in Singapore Cloud Infrastructure
The tech giant will spend $9 billion to expand its cloud services in Singapore, coming as global tech companies are boosting their data-center footprints in Asia amid a boom in demand for artificial-intelligence computing.The Wall Street Journal - World - Amazon -
Amazon to Invest $9 Billion in Singapore Cloud Infrastructure
The tech giant will spend $9 billion to expand its cloud services in Singapore, coming as global tech companies are boosting their data-center footprints in Asia amid a boom in demand for artificial-intelligence computing.The Wall Street Journal - Tech - Amazon -
Anger over Gaza clouds Labour’s local election wins
Party stacks up gains but support appears to drain away in areas with large proportions of Muslim votersFinancial Times - Business -
Amazon's AWS to double down on Singapore with additional $9 billion cloud investment
This comes after AWS pumped over SG$11 billion through 2023 into Singapore's cloud infrastructure and ecosystem.CNBC - Business -
The Economic Slowdown Is Finally Here. Welcome It.
The services sector has cooled as consumers have pulled back, putting rate cuts back on the table.The Wall Street Journal - World -
Yellen argues that undercutting democracy threatens economic growth
Treasury Secretary Janet Yellen will argue in a Friday speech that democracy is under threat and that undercutting it will, in turn, threaten economic growth.MarketWatch - Business -
Biden economic advisor on April jobs data
U.S. job growth cooled in April, according to new data by the Department of Labor. Jared Berstein, the chair of the United States Council of Economic Advisers, joins CBS News with his outlook on the new numbers.CBS News - Top stories - Joe Biden -
Comex Gold Settles 1% Higher
Front-month Comex gold for May delivery settled 1% higher on improved hopes for U.S. interest rate cuts after promising economic data on Friday.The Wall Street Journal - World -
Vice President Harris in Detroit for economic opportunity tour
Vice President Kamala Harris was in Detroit on Monday as a part of her nationwide economic opportunity tour. CBS News campaign reporter Nidia Cavazos has more.CBS News - Top stories -
Cloud-Seeding Startup Rainmaker Takes on Challenges. Making It Rain Is Just One of Them.
The weather-modification company has raised $6.3 million in venture funding to help customers cope with water scarcity, but it faces skeptics and technical problems.The Wall Street Journal - World -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
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Health systems and employers count economic cost of long Covid
Experts warn better data is required to drive policy as debilitating condition reduces workforceFinancial Times - Business - Covid -
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Confidence in Biden economic decisionmaking near record low: Gallup
Voter confidence about President Biden’s ability to make economic decisions is among the lowest in more than two decades. Gallup has tracked confidence in presidents to do the right thing on the economy since 2001, when former President George W. ...The Hill - Politics - Joe Biden -
Sen. Mike Braun’s economic ties to China didn’t matter in 2018. Why is it contentious now?
The politics surrounding China have shifted dramatically in deep-red Indiana.Politico - Politics - China