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Fed's Goolsbee says data center buildout 'overheating' economy

Austan Goolsbee, the president of the Federal Reserve Bank of Chicago, said Monday that the data center buildout is “overheating” the economy and putting upward pressure on prices. “Now this stuff with the AI data center buildout is, to my eye, starting to look more just like old-fashioned demand overheating,” Goolsbee told Subrina Hudson of...

Fed's Goolsbee says data center buildout 'overheating' economy

We haven't written up this one. The Hill has the full story — the link below goes straight to it.

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Stock Market Today, Nov. 9: Markets Rally as Semiconductor Gains Lift Nasdaq

On Nov. 9, 2026, chipmakers powered a broad rebound that pulled major indexes back from recent losses, with Treasury yields edging higher.

  • Nasdaq Composite rises 2.74% to 25,253, led by semiconductor gains
  • S&P 500 and Dow Jones also post gains, recovering from weak weekly performance
  • Gold up 1.74% to $4,138.25, Dow industrials lead gains at 4.59%

More from Monday 9 November →