latest news in economy

Markets Recover Friday While Amazon Slides on $200 Billion AI Spending Forecast

Markets Recover Friday While Amazon Slides on $200 Billion AI Spending Forecast

New York, Friday, 6 February 2026.
Wall Street stabilized Friday, yet Amazon shares tumbled after announcing a $200 billion AI investment plan for 2026, surpassing analyst expectations by $50 billion.

Utilities Plan 500 New Gas Plants to Power Data Center Boom

Utilities Plan 500 New Gas Plants to Power Data Center Boom

Washington, Friday, 6 February 2026.
Utilities plan nearly 500 new gas plants to fuel the AI boom, risking further cost spikes as electricity prices already rise at double the rate of inflation.

Ray Dalio Warns of Imminent Capital War and Identifies Gold as Safest Asset

Ray Dalio Warns of Imminent Capital War and Identifies Gold as Safest Asset

New York, Friday, 6 February 2026.
Speaking in Dubai this week, Bridgewater founder Ray Dalio warned that weaponized financial policies are pushing the global economy toward a “capital war,” citing gold as the only reliable safe haven against potential asset freezes.

AI Disruption Fears Trigger $1 Trillion Software Sector Selloff

AI Disruption Fears Trigger $1 Trillion Software Sector Selloff

New York, Friday, 6 February 2026.
Investors have wiped $1 trillion from software stocks in a single week, fearing Anthropic’s new AI plugins will make traditional service models obsolete in a brutal market rotation.

World Cup Ticket Notifications Begin Amid Record Demand and Soaring Ancillary Costs

World Cup Ticket Notifications Begin Amid Record Demand and Soaring Ancillary Costs

Los Angeles, Friday, 6 February 2026.
As FIFA notifies winners from 500 million requests, the “experience economy” intensifies; Los Angeles parking fees have reportedly reached $300, in some cases exceeding the cost of match entry.

Global Electricity Demand Surge Signals Urgent Need for Grid Expansion

Global Electricity Demand Surge Signals Urgent Need for Grid Expansion

Paris, Friday, 6 February 2026.
As global electricity demand surges to add the equivalent of two European Unions by 2030, the IEA warns grid investment must increase by 50% to maintain reliability.

India Pauses Rate Cuts as US Trade Deal Boosts Economic Outlook

India Pauses Rate Cuts as US Trade Deal Boosts Economic Outlook

Mumbai, Friday, 6 February 2026.
Defying calls for cheaper credit, the central bank sees Washington’s surprise tariff cut to 18% as enough stimulus to halt its easing cycle and prioritize stability.

Power Availability Supersedes Location as Primary Driver for US Data Center Expansion

Power Availability Supersedes Location as Primary Driver for US Data Center Expansion

New York, Friday, 6 February 2026.
Grid constraints have officially displaced traditional location metrics as the top priority for developers, forcing a strategic migration toward secondary markets where power deliverability is guaranteed.

Study Reveals Americans Bear 96 Percent of Import Tariff Costs

Study Reveals Americans Bear 96 Percent of Import Tariff Costs

Washington D.C., Friday, 6 February 2026.
Analysis of $4 trillion in imports reveals a stark reality: American businesses and consumers absorb 96 percent of tariff costs, debunking claims that foreign nations foot the bill.

Rising Jobless Claims and Tech Spending Concerns Weigh on US Markets

Rising Jobless Claims and Tech Spending Concerns Weigh on US Markets

New York, Thursday, 5 February 2026.
Equities retreated as January job cuts hit a 2009 high and jobless claims rose to 231,000, while Alphabet’s aggressive spending plans dampened tech sentiment.