Author: Daniel snow

Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024.Mike Segar | ReutersAlphabet’s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in the U.S., the technology company said Tuesday.Google will also spend $3 billion to modernize two hydropower plants in Pennsylvania to help meet the growing power demand from data centers and AI in the region, according to the company.The refurbishment of the Pennsylvania plants is part of broader…

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Jeff Green, Founder, CEO, and Chairman, The Trade Desk and Andrew Wallenstein, Variety Intelligence Platform, President and Chief Media Analyst speak onstage at “Advertising’s New Normal: Unifying Streaming and Identity in 2023” during the Variety Entertainment Summit at CES at the Aria Resort & Casino on January 06, 2023 in Las Vegas, Nevada.Greg Doherty | Variety | Getty ImagesShares of The Trade Desk jumped 14% in extended trading on Monday, as the digital advertising company is set to join the S&P 500.S&P Global announced that Trade Desk will be replacing software maker Ansys as of Friday. Earlier on Monday, Synopsys…

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The tax-and-spending bill formerly known as the “One Big, Beautiful Bill” has been passed by the House and Senate and signed into law by President Donald Trump. But as the massive piece of legislation comes into force in the coming year, Americans will begin to see a host of changes to tax policy stemming from the bill.Passed earlier this month, the legislation extends Trump’s 2017 tax cuts and includes additional provisions that impact deductions, overtime pay, charitable giving, Medicaid and more. Some of the bill’s provisions may have unwelcome side effects, CNBC’s Jon Fortt reports.College endowments University endowments are an…

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Huntington Bancshares CEO Steve Steinour told CNBC’s Jim Cramer that he’s optimistic about the direction of the economy, despite widespread worries regarding steep new global tariffs. “I believe there is an impact with the uncertainties of tariffs,” Steinour said. “Having said that, the core economy is really performing well, and it’s showing up in terms of credit quality. It’s showing up in terms of, for us, loan growth. And, so, we’re optimistic about it.”Steinour said unemployment levels are low by historical standards. He also said it seems possible to “get through tariff uncertainties” in another month or two. Once tariff…

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