AI's Power Bill Is Here

The largest US electrical grid operator, PJM, will add $6.3 billion in electricity costs for consumers across 13 states due to the booming energy demands of data centers. The rate hikes will hit millions of households and businesses over the next two years, adding to the $29 billion in costs that data centers have added to PJM regions since 2024.

ASML raises forecasts as AI boom drives chipmaking demand

Shares climb as Dutch company strikes bullish tone on durability of AI boom

Stripe and Advent make $53bn bid for PayPal

Shares in New York-listed group jump 19 per cent in pre-market trading after offer from payments start-up and buyout firm

Is the US or Europe better off?

Comparing the two economies is harder than it seems

Is Rightmove taking us for a ride?

Estate agents are convinced the UK’s most popular property portal exploits its dominant position — but determining whether vendors foot the bill is tricky

Explain it to me like I’m 10

Simplifying how we explain complex concepts can lead to surprising benefits

China and the new era of critical minerals diplomacy

Beijing’s export controls on rare earths and other niche metals are distorting markets and fuelling resource nationalism

Manic markets show no mercy to IBM

Failure will apparently not be tolerated

Warren Buffett drops Gates Foundation from $6bn Berkshire donation

Billionaire chair of conglomerate shifts personal charity plans after revelations about Microsoft co-founder’s Epstein ties

Mark Cuban says AI can expose where employers are getting 'ripped off' by health insurers

Mark Cuban said companies should run their healthcare bills through an AI bot to uncover hidden costs.

Oil Hits $87 as Battle for Strait of Hormuz Alarms Energy Markets

Stocks and bonds hit by higher oil price as fears rise over renewed inflation shock

The payments darling in Trump’s crosshairs

US tariff threats against Brazil over payments platform Pix provoke a political storm ahead of elections