The Hidden Tax: Data Centers and Your Electricity Bill

The Hidden Tax: Data Centers and Your Electricity Bill

Ashburn, Virginia, an affluent outer suburb of Washington, DC, is known for highly rated public schools and high household incomes. It’s also home to the world’s largest concentration of data centers—massive warehouses full of computers that support online services like cloud computing, streaming platforms, and,...
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The Economy Moves. The Music Doesn’t.

The Economy Moves. The Music Doesn’t.

Popular wisdom has long held that hard times make for sad songs. When jobs disappear and markets fall, so the story goes, listeners reach for melancholy ballads; when confidence rebounds, the dancefloor fills. The intuition is tidy, culturally resonant, and, according to a systematic analysis...
Read More →
Baseball’s Rising Costs and Uneven Payrolls

Baseball’s Rising Costs and Uneven Payrolls

Going to a Major League Baseball game costs much more than it did a generation ago, even after adjusting for inflation. But higher prices do not automatically drive fans away, especially in a market where teams set prices in response to expected demand. Indeed, attendance...
Read More →
The Hidden Tax: Data Centers and Your Electricity Bill

The Hidden Tax: Data Centers and Your Electricity Bill

Ashburn, Virginia, an affluent outer suburb of Washington, DC, is known for highly rated public schools and high household incomes. It’s also home to the world’s largest concentration of data centers—massive warehouses full of computers that support online services like cloud computing, streaming platforms, and,...
Read More →
The Economy Moves. The Music Doesn’t.

The Economy Moves. The Music Doesn’t.

Popular wisdom has long held that hard times make for sad songs. When jobs disappear and markets fall, so the story goes, listeners reach for melancholy ballads; when confidence rebounds, the dancefloor fills. The intuition is tidy, culturally resonant, and, according to a systematic analysis...
Read More →
Baseball’s Rising Costs and Uneven Payrolls

Baseball’s Rising Costs and Uneven Payrolls

Going to a Major League Baseball game costs much more than it did a generation ago, even after adjusting for inflation. But higher prices do not automatically drive fans away, especially in a market where teams set prices in response to expected demand. Indeed, attendance...
Read More →

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New York Fed
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New York Fed
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