Author: Daniel snow

President Donald Trump’s push to dramatically increase nuclear power in the U.S. will require a tremendous amount of fuel, but the country remains heavily dependent on foreign state-owned companies for its supplies, the CEO of the only publicly traded uranium enricher in the world told CNBC.”There’s barely enough Western enrichment, if at all, to satisfy existing operating plants,” Centrus Energy CEO Amir Vexler said in an interview. “If the nuclear industry is to add all this generation capacity, there will have to be a tremendous amount of enrichment capacity that’s added.”Trump issued a series of executive orders on nuclear power…

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The stock market runs on jobs. For now, at least. Wall Street is bouncing back Friday, following a reversal lower in Thursday’s session sparked in large part by the blow-up between President Trump and Elon Musk. That feud sent Tesla shares tumbling, dragging the S & P 500 down with it. The index is gaining all those losses back and then some Friday. Driving Friday’s advance is a welcome update on nonfarm payrolls, with the Bureau of Labor Statistics reporting that the U.S. economy added 139,000 in May, the unemployment rate remained at 4.2%, and hourly wages were up 3.9%…

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Omada Health shares jumped more than 40% in their Nasdaq debut on Friday after the virtual chronic care company priced its stock at $19 per share in its IPO.The stock opened at $23 and quickly traded past $27.The company said in a press release late Thursday that it sold 7.9 million shares in the offering, amounting to about $150 million. The pricing was in the middle of the expected range, and valued the company at just over $1 billion, though that number could be higher on a fully diluted basis.Omada, founded in 2012, is trading under ticker symbol “OMDA.” The…

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A demonstrator speaks through a megaphone during a Defend Our Schools rally to protest U.S. President Donald Trump’s executive order to shut down the U.S. Department of Education, outside its building in Washington, D.C., U.S., March 21, 2025.Kent Nishimura | ReutersThe Trump administration on Friday asked the Supreme Court to lift a court order to reinstate U.S. Department of Education employees the administration had terminated as part of its efforts to dismantle the agency.Officials for the administration are arguing to the high court that U.S. District Judge Myong Joun in Boston didn’t have the authority to require the Education Department…

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