Author: Daniel snow

Here’s how fusion energy could power your home or an AI data center

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[ad_1] The artificial intelligence boom has sent energy demand soaring. Some of the supercomputers sucking up all that power are helping to find new energy sources.Fusion energy is the process of forcing two hydrogen atoms to combine and form one helium atom, which releases huge amounts of power. It uses a stellarator, a type of fusion reactor invented in the 1950’s that produces heat. Until now, the technology was too difficult to deploy commercially.But this old concept has brand new potential. Type One Energy, a startup based in Tennessee, claims to have proven that fusion energy will be able to produce…

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CSX CEO details industrial growth amid push for domestic manufacturing

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[ad_1] In an interview with CNBC’s Jim Cramer, CSX Joe Hinrichs detailed how government action is affecting the railroad company, saying its industrial development business is growing as companies react to the U.S.’s efforts to encourage domestic manufacturing.”We had 37 plants open on our network this year so far already,” Hinrichs said. “At the end of last year, we had 500 projects in the works with companies to find locations on our network — that number is now 600.”CSX primarily operates railroads on the East Coast. It also helps industrial companies and manufacturers to build “rail-served” factories, plants and facilities.…

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investors turn away from long-dated debt

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[ad_1] The Marriner S. Eccles Federal Reserve building in Washington, D.C.Stefani Reynolds | Bloomberg Creative Photos | Getty ImagesA sell-off in global bonds is accelerating as Moody’s downgrade of U.S. credit rating and President Donald Trump’s tax bill has brought to fore investors’ fiscal concerns globally.Events such as credit rating downgrades or budgets that risk expanding deficits tend to bring fiscal concerns front and center of investors’ minds, forcing them to reprice long-end risk, said Rong Ren Goh, Portfolio Manager, Fixed Income, Eastspring Investments.While Trump was unable to sway GOP dissenters to support his broad tax bill that could drive…

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