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Uranium Awakens From Five-Month Slumber As UBS Warns Market Is "Tightening Structurally"
Uranium Awakens From Five-Month Slumber As UBS Warns Market Is "Tightening Structurally"
Bloomberg's continuous front-month uranium futures contract (UXA1 Comdty) briefly surged above $100 a pound in late January, driven by tightening supplies, renewed government support for nuclear power, and rising electricity demand from the AI infrastructure boom.
Uranium futures then retreated and remained range-bound between $84 and $87 for five months. But momentum has returned in August, with prices approaching $89 a pound, the highest level since early February.
The ongoing theme is that years of underinvestment have limited mine...
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May 11, 2026 / Tyler Durden
Jeffries Calls On Half-Dozen Democratic States To Start 'Aggressive' Redistricting
Jeffries Calls On Half-Dozen Democratic States To Start 'Aggressive' Redistricting
Authored by Chase Smith via The Epoch Times,
House Minority Leader Hakeem Jeffries (D-N.Y.) on Friday named six Democratic states he wants to join New York in pursuing mid-decade redistricting ahead of the 2028 election—a longer-term play as both parties have raced to redraw maps before the November 2026 midterms.
“It’s going to be incredibly important that states like New York, New Jersey, Washington, Colorado, Oregon, Maryland and Illinois are aggressive in moving forward to ensure that there’s a fair national map,...
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Apr 29, 2026 / Tyler Durden
Brent Nears Iran War Highs After Trump Orders "Extended Blockade", Threatens "No More Mr. Nice Guy"
Brent Nears Iran War Highs After Trump Orders "Extended Blockade", Threatens "No More Mr. Nice Guy"
Summary
Trump warns Iran to "get their act together" and to "get smart" - and for the second time writes "no more Mr. Nice Guy".
Brent Crude nears Iran war high of $115 per barrel & highest since June 2022.
Trump in 4am Truth Social post: "Iran can't get their act together. They don't know how to sign a nonnuclear deal. They better get smart soon!"
Fresh White House statement indicates communication still open with Tehran, but still says "Iran...
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Sep 30, 2026 / Tyler Durden
Ken Griffin Pledges Record $3 Billion To Carnegie Mellon, With $2 Billion Going To Miami
Ken Griffin Pledges Record $3 Billion To Carnegie Mellon, With $2 Billion Going To Miami
Mamdani wants New York’s billionaires to cough up more money. Maybe he should call Florida and ask how they’re getting them to hand it over voluntarily.
Because Miami just scored a $3 billion pledge from billionaire Ken Griffin, with $2 billion earmarked for a brand new Carnegie Mellon campus in the city, according to Forbes.
The massive commitment represents Griffin’s latest investment in Miami’s evolution into a major center for finance, technology and entrepreneurship. The Citadel founder...
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