Tag Archives: cooling

[unable to retrieve full-text content]Bitcoin Sinks on Ebbing Fed Rate-Cut Bets and Cooling ETF Demand  Yahoo Finance Source link

There’s one hot-button topic that could hold the key to where inflation goes: immigration. It’s already done a great deal in bringing down consumer price growth to where it is now, experts say, even though the most recent data showed that inflation increased more than expected in December. Investors would be wise to track the flow of immigrants as they assess the future direction of interest rates and the US economy. Not only did the foreign-born population in the US finally exceed its… Source link

[unable to retrieve full-text content]Google Developing New Climate-Conscious Cooling Tech to Save Water  Data Center Frontier Source link

A key component propping up consumer prices is cooling, but it’s not yet reflected in the government’s inflation measure, according to experts. The shelter component of the Consumer Price Index — which includes rent and owners’ equivalent of rent — makes up 30% of overall inflation and 40% of core CPI, which excludes food and energy prices. Real-time data is showing softening rents, but the survey used to determine shelter prices lags current pricing. That disconnect could pose a problem… Source link

Google Cloud and Oracle servers located in the UK struggled with cooling-related outages Tuesday as the country experienced record-breaking heat that reached as high as 104 degrees Fahrenheit (40 degrees Celsius). Both companies blame temperature for the unexpected shutdowns. On its Google Cloud status page, Google notes it has experienced a “cooling related failure” in one of its UK-based data centers. “This caused a partial failure of capacity in that zone, leading to VM [virtual… Source link

Expect to see some areas of the housing market cool more than others amid higher mortgage rates and a slowing economy, says one expert. “In the really overpriced markets, like Tampa, Austin, and West Palm Beach, you’re starting to see a lot of price reductions,” Ralph DiBugnara, president of Home Qualified told Yahoo Finance. “A lot of those areas were just very, very overpriced.” Those areas which saw the biggest price increases during the pandemic are now seeing some of the largest… Source link

Signs are emerging that the once-hot housing market may finally be cooling down. Bidding wars are down, sellers are cutting listing prices, and buyers have headed for the exits as higher mortgage rates put them over budget. But experts don’t expect the downturn to be nearly as rough as the housing crash that preceded the Great Recession. “The housing market appears to be at a turning point,” Doug Duncan, senior vice president and chief economist at Fannie Mae, told Yahoo Money. “Right… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, August 12, 2021 But other signs emerge of inflation sticking around In a July press conference, Federal Reserve Chair Jerome Powell was asked to define this summer’s biggest buzzword in markets: transitory.  “The concept of transitory is really this: It is that the increases will happen,” Powell said. “We’re not saying they will reverse…. Source link