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Aon CEO warns AI data center carry insurance risks

One number crystallizes the problem Edmund Reese is trying to solve. A single AI data center site now costs $20 billion to $50 billion to build. The entire global insurance industry — property, casualty, health, wealth,…

World

Still Leaning Hawkish, but No Action by the Fed

Note: Subscribers to MacroSuite receive our FOMC preview during the blackout period before each FOMC meeting. A public version of the preview is released closer to the meeting. If you're interested in becoming a MacroSu…

World

The Fed Risks Policy Error Fighting Oil Prices

For more than a decade following the 2008 financial crisis, one rule governed markets: don't fight the Fed. Accommodative monetary policy lowered discount rates, supported liquidity, and repeatedly helped stabilize asse…

World

Australia Q3 inflation quickens, bolstering RBA rate hike case

Investing.com-- Australian underlying inflation accelerated more than expected in the third quarter, strengthening the case for another interest rate increase by the Reserve Bank of Australia (RBA) at its meeting next w…