Sunday, March 12, 2023

Sources: US officials are considering the extraordinary step of protecting all uninsured SVB deposits, if the FDIC is unable to find a buyer for the failed bank (Washington Post)

Washington Post:
Sources: US officials are considering the extraordinary step of protecting all uninsured SVB deposits, if the FDIC is unable to find a buyer for the failed bank  —  Extraordinary step eyed if plan fails to sell the failed bank to another institution  —  Federal authorities …



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Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force that creates boom towns (New York Times)

New York Times : Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force...