Category Archives: 24/7 Newsroom News

European Central Bank Leaves Rates Unchanged With Economy Showing Signs of Modest Growth

European Central Bank Leaves Rates Unchanged With Economy Showing Signs of Modest Growth

FRANKFURT, Germany (AP) — The European Central Bank is leaving interest rates unchanged for the fourth meeting in a row as the economy in the 20 countries that use the euro increasingly looks strong enough to get by without the stimulus of lower borrowing costs for businesses and consumers. The bank’s rate-setting council on Thursday…MORE

Feds Pave the Way for Big Tech to Plug Data Centers Right Into Power Plants in Scramble for Energy

Feds Pave the Way for Big Tech to Plug Data Centers Right Into Power Plants in Scramble for Energy

HARRISBURG, Pa. (AP) — Federal regulators will allow tech companies to effectively plug massive data centers directly into power plants. The Federal Energy Regulatory Commission’s order Thursday comes as the Trump administration urges it to help the U.S. lead the world in artificial intelligence. FERC’s order is designed to clear up pressing issues around so-called…MORE

Trump Media to Merge With Nuclear Fusion Company That Wants to Power AI

Trump Media to Merge With Nuclear Fusion Company That Wants to Power AI

The parent company of President Donald Trump’s Truth Social media platform announced Thursday it is merging with a fusion power company, an unusual pairing of the Trump name with a futuristic clean energy venture that aims to power the next wave of artificial intelligence. Trump Media & Technology will combine with TAE Technologies in an…MORE

Average US Long-Term Mortgage Rate Edges Lower, Remaining Near Its Low for the Year

Average US Long-Term Mortgage Rate Edges Lower, Remaining Near Its Low for the Year

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year. The decline brings the average long-term mortgage rate to 6.21% from 6.22% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.72%. Mortgage rates began easing in July in…MORE