The US economy is now BUILT on AI:
US private nonresidential fixed real investment in data centers has soared +300% over the last 3 years.
During the same period, inflation-adjusted nonresidential investment in structures excluding data centers has barely seen any growth.
These are offices, shopping centers, hotels, warehouses, factories, manufacturing facilities, and other commercial buildings.
Meanwhile, AI-related spending has contributed 62.5%, or 1 percentage point, to the 1.6% US GDP growth in the first 6 months of 2025.
Without AI, the US would be in a recession.
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US private nonresidential fixed real investment in data centers has soared +300% over the last 3 years.
During the same period, inflation-adjusted nonresidential investment in structures excluding data centers has barely seen any growth.
These are offices, shopping centers, hotels, warehouses, factories, manufacturing facilities, and other commercial buildings.
Meanwhile, AI-related spending has contributed 62.5%, or 1 percentage point, to the 1.6% US GDP growth in the first 6 months of 2025.
Without AI, the US would be in a recession.
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SPC Sarah Beckstrom. 20 years old. GONE.
Because we brought in TERRORlSTS with open arms.
This can NEVER be allowed to happen again.
SEND THEM ALL BACK NOW!
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Because we brought in TERRORlSTS with open arms.
This can NEVER be allowed to happen again.
SEND THEM ALL BACK NOW!
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HEARTBREAKING: National Guardsman Sarah Beckstromβs father Gary responds to her kiIIing
βMy baby girl has passed to gloryβ¦ this has been a horrible tragedy.β
Pray hard for the Beckstrom family on this Thanksgiving night
I canβt IMAGINE what theyβre going through
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βMy baby girl has passed to gloryβ¦ this has been a horrible tragedy.β
Pray hard for the Beckstrom family on this Thanksgiving night
I canβt IMAGINE what theyβre going through
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Credit application rejection rates are soaring:
The overall rejection rate for US credit applications is up to 24.8% over the last 12 months, the highest since the data began in 2014, according to the NY Fed.
The rate has risen +10.4 percentage points since February 2020.
This comes as the rejection rate for mortgage refinances jumped to 45.7%, an all-time high.
At the same time, mortgage rejection rates hit 23.0%, the highest since 2015.
The rejection rate for auto loans reached 15.2%, the 2nd-highest on record.
Meanwhile, credit card rejection rates held steady at 21.2%.
Credit is becoming harder to access.
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The overall rejection rate for US credit applications is up to 24.8% over the last 12 months, the highest since the data began in 2014, according to the NY Fed.
The rate has risen +10.4 percentage points since February 2020.
This comes as the rejection rate for mortgage refinances jumped to 45.7%, an all-time high.
At the same time, mortgage rejection rates hit 23.0%, the highest since 2015.
The rejection rate for auto loans reached 15.2%, the 2nd-highest on record.
Meanwhile, credit card rejection rates held steady at 21.2%.
Credit is becoming harder to access.
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BREAKING: US stock market futures rise with the S&P 500 on track for a 5-day win streak
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3-4 cups of coffee daily is associated with longer telomeres in people with severe mental disorders
The difference was comparable to ~5 years younger biological age versus non-drinkers
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The difference was comparable to ~5 years younger biological age versus non-drinkers
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TRUMP: βMaybe weβll pay off our $35 TRILLION debt by handing them a little check, a little Bitcoin.β
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Global central banks are pivoting:
Over 90% of developed and emerging central banks have cut rates or kept them the same over the last 6 months, near the highest since the 2020 pandemic.
In other words, less than 10% of world central banks have recently hiked their rates.
This percentage has persisted above 90% for 12 months.
Such an elevated reading has been seen only a few times over the last 35 years.
Over the last 2 years, global central banks have cuts rates 316 times, the highest reading in at least 25 years.
To put this into perspective, there were 313 cumulative cuts in 2008-2010 in response to the financial crisis.
Global monetary policy is easing.
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Over 90% of developed and emerging central banks have cut rates or kept them the same over the last 6 months, near the highest since the 2020 pandemic.
In other words, less than 10% of world central banks have recently hiked their rates.
This percentage has persisted above 90% for 12 months.
Such an elevated reading has been seen only a few times over the last 35 years.
Over the last 2 years, global central banks have cuts rates 316 times, the highest reading in at least 25 years.
To put this into perspective, there were 313 cumulative cuts in 2008-2010 in response to the financial crisis.
Global monetary policy is easing.
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Not his first rodeo. A skilled responder used a lasso to rescue a stranded deer at a Virginia cement factory, guiding it to safety and a full recovery.
lassoing skills are not the most common thing to have these days, so salute.
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lassoing skills are not the most common thing to have these days, so salute.
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This new angle captures the aftermath of the Afghan terrorist attack on two National Guards in Washington, D.C. yesterday.
Biden and his supporters have blood on their hands, and donβt let anyone tell you otherwise!
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Biden and his supporters have blood on their hands, and donβt let anyone tell you otherwise!
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Awesome.
The biggest British opponents of slavery were Quakers and Capitalists.
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The biggest British opponents of slavery were Quakers and Capitalists.
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BREAKING - Leftists are now celebrating the shooting of National Guard troops using the same rhetoric Democrats have been using.
βGuard members got shot today, and itβs a good wake up. Now yβall know your job title is no longer oppressing people. I hope you quit serving this dictator whose orders to keep you in DC are illegal.β
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βGuard members got shot today, and itβs a good wake up. Now yβall know your job title is no longer oppressing people. I hope you quit serving this dictator whose orders to keep you in DC are illegal.β
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π9
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MrBeast has announced a major philanthropic partnership with the Rockefeller Foundation.
The two forces say theyβre taking their mission to help children in Africa and around the world to a whole new level.
MrBeast brings massive influence to the effort, with hundreds of millions of followers across his social media.
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The two forces say theyβre taking their mission to help children in Africa and around the world to a whole new level.
MrBeast brings massive influence to the effort, with hundreds of millions of followers across his social media.
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