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Topic:EnergyOutlet:The Atlanta Journal-ConstitutionClear all

25 articles, grouped into stories

Trump defends data centers in Ohio as he rallies to boost Jon Husted in a tight Senate racePresident Donald Trump is defending data centers powering AI projects during a campaign rally in Ohio. He insists they benefit local communities and warns against losing them to China. The topic is contentious, especially in Ohio's Senate race. Republican Sen. Jon Husted faces criticism for supporting data centers, which some blame for high energy costs.…
The Atlanta Journal-Constitution2d agoWhole story →
PlanetGovernmentohio senate race rally
US stocks rise near their record after the latest jobs report eases worries about inflationU.S. stocks are rising near their record after the latest jobs report cooled worries that a potentially hot U.S economy could make inflation worse. The S&P 500 climbed 0.7% Friday and pulled within 1% of its all-time high. The Dow Jones Industrial Average added 233 points, and the Nasdaq composite rose 1.2%. They got a boost after a report showed U.S.…
The Atlanta Journal-Constitution3d agoWhole story →
PlanetEconomy
Trump plugs $54 billion natural gas project in Alaska, flanked by a senator in a tight racePresident Donald Trump said South Korea plans to invest about $54 billion in a natural gas project in Alaska. He made the announcement in the Oval Office on Wednesday, flanked by Republican Senator Dan Sullivan, who faces a tough reelection race in the state. It was the second time this week that Trump has sought to elevate Senate candidates in states he…
The Atlanta Journal-Constitution5d agoWhole story →
PlanetEconomyDan SullivanDonald Trumpalaska natural gas project announcement
Senate reaches bipartisan deal on permitting bill to speed approvals of new energy projectsSenators from both parties are saying they have reached a bipartisan deal on legislation aimed at speeding up permitting reviews for new energy and infrastructure projects that now face yearslong delays as lawmakers seek to meet growing demand for electricity and other forms of energy. Republican Sen. Shelley Moore Capito of West Virginia, chair of the…
The Atlanta Journal-Constitution5d agoWhole story →
PlanetBuildShelley Moore Capitopermitting bill deal
Data center bill falls short in Senate as lawmakers take final votes before the midtermsThe Senate has failed to advance a bill that attempts to address voter worries about data centers and their impact on energy bills. The bill fell victim to an election-year clash on how best to address a growing concern. The measure needed 60 votes to advance, but fell short, 57-43.  The bill’s sponsor, Sen. Jon Husted, a Republican from Ohio, is in a…
The Atlanta Journal-Constitution5d agoWhole story →
PlanetGovernmentJon Husteddata center bill vote
Energy Department will spend $2 billion to squeeze more electricity from the aging power gridThe Energy Department says it will spend almost $2 billion to try to squeeze more electricity out of the nation’s aging and stressed power grid. President Donald Trump's administration is stepping up efforts to avoid blackouts amid skyrocketing energy demand spurred by artificial intelligence. The money will go toward 31 projects across 26 states that…
The Atlanta Journal-Constitution11d agoWhole story →
PlanetDonald Trumppower grid upgrade funding
Trump signs sweeping Russia sanctions bill, aiming to choke off funds for Moscow in Ukraine warPresident Donald Trump has signed a major sanctions package targeting Russian officials and key sectors of its economy. The move aims to punish and pressure Moscow for its ongoing war against Ukraine. The bill also serves as a final legacy item for the late Sen. Lindsey Graham, a close ally of Trump. The legislation passed with large bipartisan support…
The Atlanta Journal-Constitution17d agoWhole story →
PlanetSecurityLindsey GrahamDonald Trumprussia sanctions bill signing
Judge rules EPA illegally terminated $7 billion solar program intended to help poorer AmericansA federal judge in Rhode Island has ruled that the Trump administration illegally terminated a $7 billion Solar for All program intended to make solar power accessible to more than 900,000 lower-income Americans. The Environmental Protection Agency rescinded the Solar for All funds in August 2025 after President Donald Trump’s massive tax and spending…
The Atlanta Journal-Constitution17d agoWhole story →
PlanetEconomyepa solar program ruling
US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing marketMortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.95% from 6.76% last week. One year ago, the average rate was 6.26%. The average rate on 15-year…
The Atlanta Journal-Constitution18d agoWhole story →
PlanetBuild
Struggling US homebuyers, and market, face new hurdles as mortgage rates climb to nearly 7%Mortgage rates climbed for the fourth week in a row, driving the average long-term U.S. home loan rate to just below 7%, its highest level in over 19 months. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.95% from 6.76% last week. One year ago, the average rate was 6.26%. The average rate on 15-year…
The Atlanta Journal-Constitution18d agoWhole story →
PlanetBuild
Asian stocks are mixed after Wall Street slips following Fed's rate hike decisionAsian shares are mixed after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. But U.S. futures are higher. The quarter of a percentage point increase brings the Fed’s key rate to a target range of 3.75%-4%, as it attempts to control U.S. inflation that’s been stubbornly above its…
The Atlanta Journal-Constitution19d agoWhole story →
PlanetEconomyfed rate hike decision
Global shares mostly decline and AI stocks plunge after calls to slow AI industryWorld shares have mostly declined, led by AI-related stocks, and U.S. futures have edged lower. Oil prices have gained more than 2% as worries grow over global oil supplies after Saudi Arabia shut down a major oil pipeline used to help bypass the Strait of Hormuz. Brent crude, the international standard, was trading at around $107 a barrel. Japan-traded…
The Atlanta Journal-Constitution21d agoWhole story →
PlanetTechnology
Asian shares are mixed and OpenAI investor SoftBank shares plunge after calls to slow AI industryAsian shares are mixed and U.S. futures have edged lower. Oil prices have gained more than 3%, as worries grow over global oil supplies after Saudi Arabia shuts down a major oil pipeline used to help bypass the Strait of Hormuz. Brent crude, the international standard, was trading at near $108 a barrel. Japan-traded shares of SoftBank Group, a key…
The Atlanta Journal-Constitution22d agoWhole story →
PlanetTechnology
Federal court rejects Trump order keeping Michigan coal plant openA federal court is declaring that the Energy Department exceeded its authority when it forced a Michigan coal-fired power plant to stay open past its scheduled retirement date last year. Energy Secretary Chris Wright had said the 64-year-old J.H. Campbell plant was needed to ensure reliable electricity in the region, and he used emergency powers to keep…
The Atlanta Journal-Constitution24d agoWhole story →
PlanetTechnologycoal plant ruling
Wall Street heads for gains after oil prices ease and inflation update comes in near expectationsU.S. stocks appear to be heading for gains as oil prices give back some of the week’s big spurt. Futures were up 0.7% for the S&P 500 index, 0.7% for the Dow Jones Industrial Average and 0.8% for the Nasdaq 100 index, with a little less than an hour before trading is set to begin on Friday. They got some help from easing oil prices, which spurted earlier…
The Atlanta Journal-Constitution24d agoWhole story →
PlanetEconomy
Inflation report lands amid spiking oil prices, rising interest rates and Fed on fenceFriday’s inflation report is shaping up to be among the most consequential in years. Oil and gas prices have spiked again on the back of renewed combat in the Middle East. The Federal Reserve is considering whether to lift its short-term interest rate next week, with some officials saying Friday’s report could swing them either way. And longer-term…
The Atlanta Journal-Constitution25d agoWhole story →
PlanetBuildinflation report release
The Latest: US Supreme Court again rejects push to use Trump-backed congressional map in MissouriThe U.S. Supreme Court again rejected a push to use Missouri congressional maps backed by President Donald Trump, dealing a loss to Republicans who are trying to maintain control of the House in the fast-approaching midterm elections. Also, Trump has pledged to send every American adult $5,000 if Republicans retain control of the House and Senate in the…
The Atlanta Journal-Constitution25d agoWhole story →
PlanetJusticemidterm elections