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Finance
US Backs Westinghouse with US$17.5 Billion for New Nuclear Reactors
The US Department of Energy has issued a US$17.5 billion conditional loan commitment to finance bulk orders of long-lead components for the construction of 10 new large-scale reactors across the country.The goal is to place 10 new large…
Prediction market traders’ expectations for the NY primaries
From left, Assemblymember Claire Valdez, a Democrat from New York and U.S. House candidate; Brad Lander, former New York City comptroller and U.S. House candidate; Zohran Mamdani, mayor of New York; and U.S. House candidate Darializa…
China Hits US Rare Earths Companies with Export Curbs
China has imposed targeted export controls on two heavily state-backed US rare earths companies and barred 46 American defense contractors from government procurement. The Chinese Ministry of Commerce announced on Monday (June 22) that…
Zuckerberg seen as next to join trillionaire club, say Kalshi traders
Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., on Thursday, March 26, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty ImagesElon Musk became the…
Pentagon Commits US$500 Million to Build US Rare Earth Refining Plant
The US Department of War’s Office of Strategic Capital has issued a US$500 million conditional loan commitment to Phoenix Tailings, anchoring a US$1 billion public-private initiative to build a domestic rare earth separation and…
Bitcoin as revolutionary as smartphone, according to CoinDesk
CoinDesk's president of indices and data has a message for investors: Don't count out bitcoin."When I got my first smartphone, which is a great example of a disruptive technology that has been incorporated into my life, I didn't get the…
Valeura Energy Inc. Announces Completion of Nong Yao Drilling Campaign
Valeura Energy (TSX:VLE,OTCQX:VLERF) ("Valeura" or the "Company") announces completion of an eight well drilling campaign on its Nong Yao field in the offshore Gulf of Thailand, which includes the Company's first ever multi-lateral…
Markets are set for a much more hawkish Warsh Fed than expected
Federal Reserve Chairman Kevin Warsh's tough talk on inflation Wednesday reverberated through financial markets, with traders expecting that the central bank could start jacking up interest rates in just a few months.Tapped to serve by…
Steve Neamtz: The Diversification Illusion Hiding Beneath Record Highs
Gold was shaping up to have a fairly calm week, but a stronger-than-expected US jobs report sent it well under US$4,400 per ounce as the period came to an end.Silver also took a hit, dropping below US$69 per ounce.The report, which shows…
The new oil? Inside the effort to turn AI computing power into a tradeable
For decades, companies have turned to futures markets to manage uncertainty. Airlines hedge fuel costs. Farmers hedge crops. Manufacturers hedge metals.Now a startup wants to bring that same financial machinery to artificial…