HUGE FINANCIAL NEWS INCLUDING ... WILL DATA CENTER MORATORIUMS = RECESSION ? – TOP 3 TAKEAWAYS | 1290 WJNO

What happened: A commentary piece cites BlackRock CEO Larry Fink saying a data center moratorium would mean recession, as Palm Beach County approved an AI data center moratorium and Martin County advanced one with a final vote set for October 27th. Key numbers: Consumer Price Index rose 3.7%, core inflation 2.6%, Social Security cost-of-living adjustment 3.6%, 93% chance of a Fed rate increase Why it matters: The piece argues county commissions risk recession and lost revenue by restricting data centers, and says Florida's state policy still supports the sector while local actions do not.

A commentary piece cites BlackRock CEO Larry Fink saying a data center moratorium would mean recession, as Palm Beach County approved an AI data center moratorium and Martin County advanced one with a final vote set for October 27th.

The piece argues county commissions risk recession and lost revenue by restricting data centers, and says Florida's state policy still supports the sector while local actions do not.