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Fed's Waller Talks July Rate Cut, Trump's "Two Weeks" Message, Tesla Robotaxi Countdown 6/20/25

Squawk on the Street

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Evaluating Job Creation and Tax Breaks for Data Centers

This chapter examines a recent audit in Virginia that reveals significant differences in permanent job creation between data centers and traditional industries like automotive. It raises important questions about the fairness of tax breaks for data centers in light of their minimal job contribution and discusses the need for a reevaluation of economic incentives across various sectors.

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