Feds Nab Iranian In Montenegro Over Alleged $3.4BN Cyberattack Campaign Targeting US Institutions

UMich Sentiment Slumps In August As War Re-Escalated, Inflation Fears Tick-Up Following July's rebound to pre-war levels, the preliminary August University of Michigan Consumer Sentiment index was expected to weaken modestly as the MidEast re-escalated (and with it the price of gas). Sure enough, the headline sentiment index tumbled from 55.2 to 51.0 (55.0 exp) with both Current Conditions (51.8 vs 54.8 prior vs 54.9 exp) and Expectations (50.6 vs 55.4 prior vs 55.2 exp) also both tumbling... Decreases in sentiment were seen across the political spectrum, with Republicans exhibiting the strongest...

Six Nuclear Bills Clear House Committee Without A Single 'No' Vote The House Energy and Commerce Committee advanced six nuclear-industry bills on September 2nd, all without a single opposing vote. The measures target fuel recycling, uranium enrichment, licensing delays, regulatory staffing and transparency. The vote to get it to the House floor is another testament to the lack of divide among the Republicans and Democrats regarding the need for more nuclear energy in America. As we highlighted in a report from Goldman, the Western nuclear revival is gathering momentum across microreactors, small...

Central Asia Resists US Pressure To Choose Sides In AI Race Authored by Eurasianet via OilPrice, Kazakhstan is continuing to expand AI cooperation with China even after joining the US-led Pax Silica initiative. Uzbekistan says it wants access to both cutting-edge American technology and lower-cost Chinese AI models rather than choosing between them. Their positions illustrate the difficulty Washington faces in persuading Central Asian governments to take sides in the intensifying US-China technology rivalry. Kazakhstan and Uzbekistan are tossing figurative darts at a US trial balloon connected to the intensifying race between the United...