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FIRST ON FOX: A new policy report warns that the AI data center boom could drive up the cost of laptops, smartphones, cars and other everyday products as chipmakers shift scarce memory-chip capacity toward more profitable AI applications. The report, published by the Abundance Institute and first viewed by Fox…

Energy-driven inflation risks support GBP against US Dollar – MUFG

MUFG highlights that rising European natural gas prices are reviving inflation risks, which could push the Bank of England toward another rate hike and underpin the Pound. While crude Oil remains contained, UK natural gas futures have surged, and the bank notes that this divergence in energy dynamics may support both the Euro and Pound against peers.Natural gas surge underpins BoE hike risk”As we have highlighted this week, the natural gas backdrop in Europe is…

Business

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A California McDonald’s employee allegedly shot a co-worker inside the restaurant Monday morning before the armed suspect was killed when responding officers confronted him, authorities said. The Lodi Police Department said officers responded to the McDonald’s on West Lodi Avenue at approximately 9:30 a.m. after dispatchers received a report of…

Markets

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Investing

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