Tag: rethink

Barcelona plans to ban short-term rentals as cities rethink the Airbnb effect

Barcelona plans to end short-term rentals by 2029 to address the housing crisis. Rents in Barcelona rose 36% from 2018 to 2022 amid a broader Spanish rental crisis. Opponents argue the ban will not significantly impact housing availability or rental prices. Barcelona plans to end short-term rentals after complaints that tourism has priced locals out […]

States rethink data centers as ‘electricity hogs’ strain the grid

High-voltage transmission lines provide electricity to data centers in Loudon County, Virginia, home to the world’s largest concentration of data centers. Lawmakers in Virginia and other states are rethinking how incentive programs for data centers may impact the electric grid, clean energy goals and utility rates for other consumers. (Ted Shaffrey/The Associated Press) State Sen. […]

States rethink data centers as ‘electricity hogs’ strain the grid

High-voltage transmission lines provide electricity to data centers in Loudon County, Va., home to the world’s largest concentration of data centers. Lawmakers in Virginia and other states are rethinking how incentive programs for data centers may impact the electric grid, clean energy goals and utility rates for other consumers. Ted Shaffrey/The Associated Press State Sen. […]

Stocks wobble as inflation forces rate-cut rethink

US stocks wobbled on Thursday after a cooler-than-expected reading on producer prices helped soothe investor worries stemmed by Wednesday’s surprise uptick in consumer prices. The Dow Jones Industrial Average (^DJI) traded below the flatline while the S&P 500 (^GSPC) was little changed, coming off a rout that saw the gauges drop about 1%. The tech-heavy […]

BlackRock, ‘dismayed’ by $8.5 billion Texas divestment, urges rethink

By Isla Binnie NEW YORK (Reuters) – A senior BlackRock executive said on Thursday the world’s largest asset manager was “dismayed” by a Texas state fund’s move to pull $8.5 billion in assets, and urged the fund’s administrators to reconsider. Texas State Board of Education Chair Aaron Kinsey said on Tuesday the Texas Permanent School […]