Stop me if you’ve heard this one before: All politics is local. Also, the whole economy is AI.

Tricky, then, that Wall Street is getting nervous about Big Tech’s spending just as communities are saying they don’t want data centers nearby. What’s all this mean for the election next month?

We’ll get into it all in today’s newsletter, starting about 30 minutes south from where I’m writing to you now.  — Tony Wagner, newsletter editor

To get a firsthand look at how the data center battle lines are shaping up in Minnesota, I went to Cathy and Gary Johnson’s house. They live in Minnesota’s second congressional district in Farmington, which is in the suburbs south of Minneapolis-Saint Paul.

For more than two years, the Johnsons have been fighting a proposal to turn a golf course across the street into a data center. They’re worried about environmental damage, noise, and bright lights.

They formed a nonprofit and filed a lawsuit, trying to stop construction, but they had to drop the suit after they ran out of money. Now, construction will move forward. Minnesota did pass a law last year requiring the biggest projects to consider efficient water use, but Cathy Johnson said that’s not enough.

“There’s no teeth there,” she said. “It’s like recommending that you follow the speed limit.”

The Johnsons’ neighbor, Terrie Pearson, lives right next to the data center site. She and her husband are going to sell their home and move because of it. She said a realtor told her if they sell now, they’ll get about $500,000 for their house.

“But if we wait until the digging starts, it’ll be $100,000 less,” Pearson said.

We reached out to Tract, the developer of the Farmington site, but didn’t hear back by deadline.

Qure.ai’s lung technology, which helps identify lung cancer and other diseases, is used in more than a dozen health systems in the United States. The company has more than 400 employees worldwide, most of which are in India, and Warier said he’s been able to keep a lot of tech talent in the country who might otherwise go abroad. That’s key to our series “The Age of Work”

It’s pumpkin spice season, but enjoying the flavors of fall will cost you. LendingTree released its annual survey of pumpkin products and found these autumnal treats cost 8.9% more on average than their year-round counterparts.

That’s pretty spooky, but not all chains charge the same pumpkin premium. Trader Joe’s hikes the price on pumpkin flavored items by about 11%, while Starbucks charges 28% more for an iced PSL, compared to a normal, uh, L. Check out the full list.