latest news in economy
AI Expansion to Trigger a 220 Percent Surge in Global Energy Demand, Goldman Sachs Warns
New York, Saturday, 4 April 2026.
Goldman Sachs warns that rapid artificial intelligence expansion will spike global power consumption by 220 percent by 2030, an increase equivalent to adding a major country to the grid.
JPMorgan Anticipates New Federal Direct Payments Ahead of the 2026 Elections
New York, Saturday, 4 April 2026.
JPMorgan predicts policymakers may issue new direct payments before the 2026 midterms. While this could boost retail spending, it risks reigniting inflation and prompting Federal Reserve interest rate hikes.
Texas Achieves Historic Employment Record as Job Market Outperforms the Nation
Austin, Saturday, 4 April 2026.
Texas achieved a historic 14.38 million total jobs in January 2026. By adding 40,100 positions, the state’s robust employment growth continues to significantly outpace the cooling national market.
Surprise March Job Surge Defies Expectations as US Markets React
New York, Friday, 3 April 2026.
Defying forecasts, American employers added 178,000 jobs in March. This unexpected labor market resilience drove stock futures lower, as investors anticipate the Federal Reserve will delay interest rate cuts.
Puerto Rico's Rooftop Solar Eclipses Natural Gas as Second-Largest Power Source
San Juan, Friday, 3 April 2026.
Despite recent federal funding cuts, Puerto Rico’s decentralized rooftop solar reached 1.5 gigawatts in 2025, overtaking natural gas to supply twenty percent of the island’s total electricity.
