NRC Backs Fermi's Four Texas Reactors

Lutnick Draws Red Line: "Great American Companies" Shouldn't Use Chinese Memory Chips One week after The Wall Street Journal reported that Tim Cook's Apple was testing memory chips from China's CXMT, a company blacklisted by the Pentagon over alleged ties to the People's Liberation Army, the outlet published a follow-up story with an interview with Commerce Secretary Howard Lutnick, who publicly urged Apple not to proceed. The standoff comes as the AI data-center buildout absorbs global memory supplies, driving prices sharply higher and forcing consumer-electronics manufacturers to explore alternative...

The Two Ugly Paths Now Facing The US Economy Submitted by QTR's Fringe Finance I was watching Andrew Ross Sorkin on 60 Minutes last Sunday. Sorkin was on the show to promote his new book, 1929: Inside the Greatest Crash in Wall Street History — and How It Shattered a Nation. When Leslie Stahl asked him during his interview whether we would have another crash, Sorkin answered: “The answer is, we will have a crash. I just can’t tell you when, and I can’t tell you how deep. But I can assure you, unfortunately, I...

Welcome To Trillionistan; Don't Get Comfortable... Authored by Peter C. Earle via The Daily Economy, Not long ago, the notion of trillions belonged either to the furthest cosmic reaches of the universe or the submicroscopic world of atoms. These numbers describe galaxies in the observable universe, roughly two trillion, or, at the opposite extreme, the picosecond - one trillionth of a second - is used to measure molecular motion and chemical reactions. Until recently, magnitudes denominated in trillions were almost entirely confined to the theoretical hinterlands of astronomy, physics, and schoolyard...