As the AI boom drives demand for energy-hungry data centers, interest in nuclear power is growing—and with it, demand for the uranium that fuels reactors. But while there are large automated markets for most commodities, that’s not the case with uranium, which still requires traders to call brokers for prices, sign emailed contracts and work
Elon Musk’s newest political foe in Texas is extending the olive branch after the billionaire’s election bet misfired spectacularly. Newly elected Texas senator James Talarico said he was willing to work with Musk, despite the world’s richest man burning over $200 million to try and stop the state from turning blue. “Like I said, I’ll
Good morning. I called several sources at crisis communications firms yesterday, wondering how their clients in tech, crypto, manufacturing, health care, law, and other policy-sensitive sectors might be reacting to the Democratic sweep of Congress. Are they rejoicing? Lawyering up? Trying to stay off camera during presidential press conferences that reference ballrooms and meme coins?
Pixar cofounder Ed Catmull, 81, has some career advice for anyone worried about AI. In a Tuesday interview with Higgsfield AI CEO Alex Mashrabov, Catmull shared the mindset he believes creatives will need as the technology reshapes their industry. “The main piece of advice is, besides learning the craft, it’s that things are coming whether
Florida voters on Tuesday approved a major overhaul of the state’s property tax system. But the droves of billionaires and other ultrawealthy people who recently moved there are unlikely to notice much of a difference from its headline tax break. Amendment 3—which raises the homestead exemption on non-school property taxes from $50,000 to $150,000 in
A Democratic Congress may have less influence over markets than investors expect, an economist said. US stocks rose sharply Wednesday after Democrats won control of Congress in the midterms. The Dow jumped 3% in its best day in 18 months, the S&P 500 gained 1.6%, while the Nasdaq climbed 1.4%, as investors wagered that a
