37 Senate Democrats Urge USPS To Refuse Trump's Vote-By-Mail Executive Order

Warsh Faces Uphill Battle As FOMC Minutes Show Deeply-Divided Fed Against Easing Bias Tl;dr: FOMC Minutes confirm a deeply-divided Fed with a hawkish bias as "majority" saw hike likely warranted, "many" preferred removing easing bias. *  *  * Since the last FOMC meeting (Powell's last), on April 29th, stocks and the dollar are up, bonds and gold are down and oil has swung violently in between... Source: Bloomberg Expectations for Fed action this year has surged hawkishly from a 20% chance of a single rate-cut to an almost 100% chance of a single rate-hike...

ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages Hiring and pay gains both held steady in March. The ADP National Employment report printed a better than expected +62k jobs added in March (+40k exp) and modestly down from an upwardly revised 66k in February. That is the ninth straight month of job gains. Source: Bloomberg The smallest employers drove job growth for a second month, while hiring in trade, transportation, and utilities continued to decline. "Overall hiring is steady, but job growth continues to favor certain industries, including health care. In March,...

Nano Nuclear Progresses HALEU Transport Package Nano Nuclear released a notable update this morning for achieving conceptual design milestones on its proprietary, optimized High-Assay Low-Enriched Uranium (HALEU) transportation package, developed in partnership with German nuclear logistics heavyweight GNS. Through subsidiary Advanced Fuel Transportation (AFT), the company has nailed down two optimized payload baskets capable of hauling multiple advanced fuel forms including uranium oxide, TRISO, uranium-zirconium hydride, uranium mononitride, and even molten salt reactor fuel. All of it was run through an NRC Quality Assurance program, with initial analyses indicating full regulatory compliance....