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News
Doosan Enerbility wins TerraPower nuclear equipment contract - NewsBreak
12+ hour, 14+ min ago (678+ words) By Asia Today and translated by UPI, Aug. 14 (Asia Today) -- Doosan Enerbility said Friday it has secured a contract to manufacture key equipment for TerraPower's small modular reactor project in Wyoming. The South Korean energy company said it signed a…...
Economy gets World Cup and hot weather boost but fears grow over Iran war hit - NewsBreak
1+ hour, 4+ min ago (593+ words) The World Cup and record hot weather in June helped Britain’s economy remain resilient in the second quarter despite Iran war cost pressures, but warnings are mounting over a year-end hit to growth. Official figures showed gross domestic product (GDP)…...
See when construction will finally begin at Hyundai Steel???s $5.8B facility
11+ hour, 31+ min ago (273+ words) See when construction will finally begin at Hyundai Steel’s $5.8B facility NewsBreak: Local News & Alerts Now, construction is set to begin.A groundbreaking ceremony will take place on Sept 4 at 3 p.m., according to Hyundai-POSCO Louisiana Steel representative Hyo Joon Park.â…...
Trump shipbuilding policy could benefit South Korea's Hanwha
8+ hour, 5+ min ago (643+ words) By Asia Today and translated by UPI, Aug. 14 (Asia Today) -- President Donald Trump will allow foreign shipbuilders investing in U.S. shipyards to construct as many as two ships in their home countries before moving production to the United States, potentially benefiting…...
US markets strive for a positive week ahead of retail sales data and signs of cooling inflation
16+ hour, 49+ min ago (509+ words) U.S. futures are mixed as Wall Street looks to advance for the week ahead of new retail sales data. The future for the S&P 500 edged 0.1% higher Friday while Dow Jones Industrial Average slipped 0.1%. Nasdaq futures rose 0.1%. The U.S. stock market hit…...
Peter Navarro torn apart by economic experts for missing the obvious
1+ day, 5+ hour ago (524+ words) One of President Donald Trump’s top economic advisers is being torn apart by experts for a recent editorial that stated the obvious as if it was profound and new. Navarro added, “Transshipment is driven by tariff arbitrage: When a product…...
Stocks rise and interest rates slide after inflation report
1+ day, 15+ hour ago (556+ words) Stocks and Bonds Rise as Fed Rate-Hike Bets Ease The flat headline PPI masked a 0.4% core increase, with implications for upcoming Fed policy signals. Luigi Mangione is expected to plead guilty to federal charges in connection with the 2024 killing of…...
Higher interest rates start to look like the new normal
1+ day, 9+ hour ago (408+ words) Stocks and Bonds Rise as Fed Rate-Hike Bets Ease The flat headline PPI masked a 0.4% core increase, with implications for upcoming Fed policy signals. To the tens of thousands and likely more dreaming about a $1 billion Powerball win, the anticipation…...
Mortgage rates dip slightly for first time in 6 weeks, still steeper than last year
1+ day, 14+ hour ago (272+ words) Topcoding and Measuring Wage Growth The flat headline PPI masked a 0.4% core increase, with implications for upcoming Fed policy signals. Americans' credit card debt is climbing. NerdWallet senior writer Sara Rathner breaks down what's driving rising balances and what it…...
2027 Social Security raise pegged between 3.2% and 3.6%
1+ day, 12+ hour ago (381+ words) NewsBreak: Local News & Alerts The Committee for a Responsible Federal Budget projects the lowest, at 3.2% AARP estimates 3.5%, which it says would raise the average retired worker's monthly benefit of about $2,086 by $73 The Senior Citizens League puts the figure highest, at…...