Economy Grows Amid AI and Oil Volatility | Annapolis News

Annapolis News Today | 2 Min News | The Daily News Now! · Jul 9, 2026 · 1m

The U.S. economy is booming with record factory and equipment investments, boosting productivity and wages—thanks in part to smart tax policies. But a major disruption looms: Middle East tensions are sending oil prices soaring, threatening higher gas prices and business costs. Still, manufacturing and construction are strong, and AI is accelerating efficiency across industries. The AI race is now a key economic battleground, with winners potentially gaining power rivaling the internet’s impact. Meanwhile, surging electricity demand from AI data centers adds pressure to the energy grid. Listen…