'Free Stuff' In Norway Still Costs Half Of Average Pay

Oklo Lands DOE Plutonium Deal To Turn Surplus Material Into Bridge Fuel Oklo just secured a direct path to turn Cold War-era plutonium into fuel for its advanced reactors.   The Department of Energy selected Oklo for advanced negotiations under the Surplus Plutonium Utilization Program, one of five companies chosen to convert existing stockpiles into usable fuel under strict security and safeguards rules. The move gives Oklo a practical bridge while domestic enrichment capacity scales.   Work with radioactive materials at a plutonium facility at the at Los Alamos National Laboratory in...

Hedge Fund CIO: "We Haven't Yet Diffused AI Across The Economy To The Degree That It Can Be Useful" By Eric Peters, CIO of One River Asset Management “President Putin said, ‘I would love to meet Zelensky in Moscow.’ And I said, ‘I don't think...you know, I have to put myself in his position. I don’t know that he’d go to Moscow,” said Trump, seated next to Zelensky in the Oval Office, the two of them discussing Russia’s war on Ukraine. “Maybe he would. Would you go to Moscow?” Trump asked...

US PMIs Mixed But Still Signal Accelerating Economic Growth In Q3 With 'hard data' trending weaker, today's preliminary July PMIs offer the first glimpse at whether the reignition of the Iran War is weighing on 'soft' survey sentiment in the US economy. The data was mixed (as always) with Manufacturing disappointing while Services accelerated more than expected: Flash US Manufacturing PMI: 53.8 (June: 53.9). 4-month low. Flash US Services PMI Business Activity Index: 53.6 (June: 51.2). 8-month high. “US businesses reported a good start to the third quarter," said Chris Williamson, Chief Business Economist at...