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News
Aikenomics: Washington stirs pot again, mortgage rates climb
3+ day, 19+ hour ago (456+ words) Just when it appeared tensions in the Persian Gulf might finally be cooling, Washington stirred the pot again. Fighting between the U.S. and Iran intensified this week, quickly sending oil prices higher and once again, the bond and mortgage markets followed....
Georgia Chamber to counter ‘misinformation, disinformation’ about data centers
2+ week, 5+ day ago (1174+ words) Data centers are a financial boon to communities, according to the Georgia Chamber of Commerce, which is pushing back on concerns about their impact on the environment, on utility bills and on their neighbors. The pro-business organization is launching a…...
US national debt passes $40 trillion milestone
3+ week, 3+ day ago (20+ words) The $40 trillion plateau was reached just five months after the U.S. hit a then-record $39 trillion deficit in March....
Georgia’s data center boom raises questions about power, costs
3+ week, 6+ day ago (545+ words) ATLANTA (WJBF) – A massive new data center campus is coming to Columbia County, as Georgia continues to attract major technology investments and faces growing demand for electricity. Google announced in July that it will be the sole operator of a…...
???? Property tax hike?
4+ week, 2+ day ago (840+ words) Friday, Aug. 14 — Do you have a pile of old electronics lying around the house that you’ve been waiting to responsibly dispose of? Here’s your chance – the Sandy Springs Education Force is hosting an electronics recycling drive on Saturday, Aug. 15, from…...
Why Georgia’s data center boom is running into growing resistance
1+ mon, 2+ day ago (442+ words) Georgia's rapid emergence as a major hub for data centers is triggering resistance from local leaders who say the facilities could place increased pressure on water supplies, energy infrastructure and community resources, prompting a growing number of cities and counties…...
Aikenomics: What’s behind Atlanta’s housing slowdown?
1+ mon, 2+ week ago (410+ words) If you ask almost any real estate agent why homes are taking longer to sell, you'll likely hear the same answer: mortgage rates. It's an understandable response. Thirty-year fixed mortgage rates began 2022 near 3.25%, climbed rapidly, and averaged 5.34% that year. Since…...
Opinion: It was really nice while it lasted
1+ mon, 4+ week ago (411+ words) The markets were having a rare moment of peace. Then geopolitics wandered back into the room like an uninvited relative who immediately starts arguing at Thanksgiving. Just days ago, the economic calendar was unusually quiet. With few market-moving reports on…...
Former Fed Chair Alan Greenspan dies at 100
2+ mon, 3+ week ago (165+ words) “He was a giant of a man who helped shape the U.S. economy for decades under presidents of both parties, but was always honest in acknowledging his mistakes,” Greenspan's wife, Andrea Mitchell, wrote in a statement, announcing his death at…...
Ukrainian business delegation visits Johns Creek Chamber
2+ mon, 3+ week ago (548+ words) From left, Ecofactor representatives Rodion Borokhovych, chief business development officer, and Sergii Velchev, CEO and founder, speak to Johns Creek Chamber of Commerce members during a June 10 meeting. JOHNS CREEK, Ga. — Amid its ongoing war with Russia, Ukraine’s businesses are…...