France’s state-owned utility EDF said it will cap the cost of building six new nuclear reactors at 72.8 billion euros, a sharp rise from the 51.7 billion euros referenced when the plan was announced in 2022. The ceiling is stated in 2020 values, and EDF said it intends to improve both cost discipline and construction speed as the project moves…
For most of the past year Donald Trump and Elon Musk have served as complementary megaphones for Republican priorities, but that partnership shattered this week in a spectacular online slug-fest. It began on Tuesday when Musk denounced the president’s 1 200-page tax-cut-and-border-security package as a “disgusting abomination” that would pile “trillions more on the backs of our kids.” Within hours…
Strong Economy Faces Threat from Rising US-China Tensions In recent weeks, the U.S. economy has shown surprising strength, defying expectations of a downturn with falling inflation, steady job growth, and forecasts of robust GDP expansion. Yet despite this progress, President Donald Trump’s increasingly aggressive stance toward China is threatening to destabilize the recovery. Tensions between the two global superpowers escalated…
On June 4, 2025, former President Donald Trump announced a dramatic increase in tariffs on imported steel and aluminum, more than doubling the previous rates from 25% to 50%. This move marks one of the most aggressive trade policy steps since his time in office, as he seeks to return to the White House in the upcoming election. The administration…
Despite a generally healthy U.S. job market, the Class of 2025 is confronting the most difficult hiring landscape for college graduates since the height of the COVID-19 pandemic. While the national unemployment rate holds at 4.2% and job growth has continued for over four straight years, new graduates are struggling to find their first jobs. Economists say this group is…
The Biden administration’s recent decision to impose higher tariffs on Chinese steel and aluminum has reignited discussions across the U.S. about the potential effects on consumer prices and manufacturing. As the White House aims to support American producers and counter what it calls unfair Chinese trade practices, questions remain about how these tariffs will play out for everyday shoppers and…
Dario Amodei Urges Urgent Action as AI Accelerates Job Disruption Dario Amodei, CEO of leading artificial intelligence company Anthropic, has issued a stark warning: AI advancements are outpacing human adaptability and could soon lead to mass job losses. In a recent interview, Amodei stated that AI may push unemployment in the United States to 20% within the next one to…
